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SBI Life Insurance Company

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3.8

based on 3.9k Reviews

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SBI Life Insurance Company Branch Manager salaries in Navi Mumbai

Annual salary range
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₹9.9 Lakhs - ₹12.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary (AmbitionBox Estimate)
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This is an estimate of the average salary for this position. The actual salary may differ.
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Monthly In-hand Salary

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Last Updated: 14 Mar 2023

Companies similar to SBI Life Insurance Company for Branch Manager in Navi Mumbai

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SBI Life Insurance Company Branch Manager Salary

10 years exp. (AmbitionBox Estimate)

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₹9.9 L/yr - ₹12.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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14 - 17 years exp. (3 salaries)
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₹8.5 L/yr - ₹13.5 L/yr

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10 - 19 years exp. (15 salaries)
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₹8 L/yr - ₹23.5 L/yr

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Care Health Insurance Branch Manager Salary

6 - 13 years exp. (6 salaries)
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₹5.1 L/yr - ₹7.5 L/yr

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 2 job openings
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ICICI Securities Branch Manager Salary

4 - 6 years exp. (5 salaries)
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₹6.1 L/yr - ₹7.9 L/yr

arrow icon 34% less
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Afri Ventures Branch Manager Salary

9 - 11 years exp. (4 salaries)
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₹12 L/yr - ₹13.5 L/yr

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Branch Manager salary at SBI Life Insurance Company ranges between ₹9.9 Lakhs to ₹12.6 Lakhs per year for employees with 10 years of experience. Salary estimates are based on 2 latest salaries received from various employees of SBI Life Insurance Company.
SBI Life Insurance Company Branch Manager Salary and Career Growth

From

To

Branch Manager

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7 - 24 years exp.

Senior Branch Manager

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10 - 22 years exp.

From

To

Branch Manager

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7 - 24 years exp.

Divisional Manager

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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.

Similar Designation salaries in SBI Life Insurance Company

Deputy Manager Salary
(3 salaries)
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₹4.5 L/yr - ₹7 L/yr

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

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.

read more

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.

read more
  • 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.

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  • 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.

read more

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

read more
  • 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.

read more
  • 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.

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Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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·
works at
Georgia-Pacific
New offer. Confused.
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?
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SBI Life Insurance Company Branch Manager Salary FAQs

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

Experience Average Salary Range
10 years ₹9.3 Lakhs to ₹11.9 Lakhs per year
and so on.

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SBI Life Insurance Company Branch Manager salary in Navi Mumbai ranges between ₹9.9 Lakhs to ₹12.6 Lakhs. This is an estimate based on latest salaries received from employees of SBI Life Insurance Company.