SBI Life Insurance Company Madurai Branch Manager Salaries by 3 Employees

10 - 13 years exp.

₹8 Lakhs - ₹11 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

58% more than the average Branch Manager Salary in Insurance Companies for 10 - 13 years of experience

Interested in this particular role?

Salaries in different departments

Marketing & Communication Branch Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹10.8 L/yr
Login to view exact salary
Sales & Business Development Branch Manager Salary 10 years exp. (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.2 L/yr

Last Updated: 16 Oct 2023

Companies similar to SBI Life Insurance Company for Branch Manager in Madurai

SBI Life Insurance Company Branch Manager Salary

10 - 13 years exp. (3 salaries)

₹8 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Branch Manager Salary 9 - 13 years exp. (3 salaries)	₹9 L/yr - ₹12.7 L/yr 12% more	13 job openings
HDFC Ergo General Insurance Branch Manager Salary 14 - 16 years exp. (3 salaries)	₹6.7 L/yr - ₹9.6 L/yr 18% less
Login to view exact salary
Muthoot Fincorp Branch Manager Salary 2 - 14 years exp. (37 salaries)	₹2 L/yr - ₹4.8 L/yr 60% less	1 job opening
Muthoot Finance Branch Manager Salary 3 - 15 years exp. (28 salaries)	₹3 L/yr - ₹6.3 L/yr 52% less	1 job opening
Equitas Small Finance Bank Branch Manager Salary 7 - 15 years exp. (23 salaries)	₹4.2 L/yr - ₹11 L/yr 23% less	27 job openings

Branch Manager salary at SBI Life Insurance Company ranges between ₹8 Lakhs to ₹11 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Branch Manager salaries in Madurai

Last Updated: 16 Oct 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
11 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
Login to view exact salary
12 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.2 L/yr
13 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr

From

Branch Manager

7 - 24 years exp.

Senior Branch Manager

10 - 22 years exp.

From

Branch Manager

7 - 24 years exp.

Divisional Manager

13 - 25 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Top skills at SBI Life Insurance Company for Branch Manager

Branch Management Sales Customer Service IRDA Heading Profit Centre Team Building Communication Skills Selling Publicity Customer Complaints Activation New Business Branch Handling Tied Channel Finance

Salary related reviews for SBI Life Insurance Company

4.0

Rated by 1 employees for salary & benefits

Branch Manager in Kumta

BFSI, Investments & Trading Department

3.0

• posted on 18 Jun 2020

3.0

for Salary and Benefits

Likes

Salary hike 3 to 5 % per year.Providing petrol exp and telephone exp based on cader.

Dislikes

Lot of politics, no HR Control , career growth is slow, induction training will not conducted in proper time. No value and respect for out Commer. High volume pressure on target and mental irritation. No any value addition from reporting manager.

Job security - Bad

+4 more

Business Development Manager in Deoghar

Full Time

Marketing & Communication Department

5.0

• posted on 30 Jan 2025

2.0

for Salary and Benefits

Likes

Very good policy, good Behaviour from all senior Management.

Skill development - Good

+3 more

Dislikes

I am working from last 8 year but my salary is very low. If someone working is in other companies and they switched from there to here they are getting good CTC. If you are working in good location and if your assign branch and branch manager is good so you can get promotion but if you not working in good location or your assign branch is not good it's very deficit to get promotion.

Salary - Poor

Area Sales Manager in Vijayawada

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 05 Aug 2023

5.0

for Salary and Benefits

Likes

I am so Proud to say Working this organisation last 4years. i got a two promotions last two years.

Salary - Excellent

+6 more

Dislikes

I expecting Long time Vintage Employes Expect Minimum Salary hike. because Now a days out side companies giving a more salary hikes Vintage persons so Our Company giving a minimum hikes of Vintage Employes it will so benefit and no one live Our Company.

Business Development Manager in Rajkot

Full Time

Sales & Business Development Department

3.0

• posted on 01 Feb 2023

2.0

for Salary and Benefits

Likes

Company culture is very bad only pressure nothing or

Dislikes

Official working days me bhi office bulate hain aur bill pay nahi karte hain personal life jaish kuchh nahi rehta hain aur morning 7:00am zoom start kar dete hain

Salary - Poor

+6 more

Business Development Manager in Jaipur

Full Time

Sels Department

5.0

• posted on 12 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about SBI Life Insurance Company?

Ask anonymously on communities.

SBI Life Insurance Company Branch Manager Salary FAQs

How the salary growth look like for a Branch Manager at SBI Life Insurance Company in Madurai?

The salary growth for a Branch Manager at SBI Life Insurance Company in Madurai depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Madurai can expect the following growth trajectory at SBI Life Insurance Company:

Experience	Average Salary Range
10 years	₹8.5 Lakhs to ₹10.9 Lakhs per year
11 years	₹8.6 Lakhs to ₹11.0 Lakhs per year
12 years	₹8.7 Lakhs to ₹11.2 Lakhs per year
13 years	₹8.8 Lakhs to ₹11.3 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
SBI Life Insurance Company Salaries >
SBI Life Insurance Company Branch Manager Salaries >
SBI Life Insurance Company Branch Manager Salaries in Madurai

SBI Life Insurance Company Branch Manager salary in Madurai ranges between ₹8 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.