SBI Life Insurance Company Chennai Branch Sales Manager Salaries by 4 Employees (Updated 2025)

11 - 20 years exp.

₹8.4 Lakhs - ₹13 Lakhs

Salary of majority employees

21% more than the average Branch Sales Manager Salary in Insurance Companies for 11 - 20 years of experience

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Salaries in different departments

Sales & Business Development Branch Sales Manager Salary 11 - 17 years exp. (AmbitionBox Estimate)	₹8.4 L/yr - ₹11.6 L/yr
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BFSI, Investments & Trading Branch Sales Manager Salary 20 years exp. (AmbitionBox Estimate)	₹8.8 L/yr - ₹13 L/yr

Last Updated: 21 Sep 2024

Companies similar to SBI Life Insurance Company for Branch Sales Manager in Chennai

SBI Life Insurance Company Branch Sales Manager Salary

11 - 20 years exp. (4 salaries)

₹8.4 L/yr - ₹13 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Branch Sales Manager Salary 6 - 12 years exp. (6 salaries)	₹6.3 L/yr - ₹7.9 L/yr 17% less
Bajaj Allianz Life Insurance Branch Sales Manager Salary 2 - 6 years exp. (7 salaries)	₹3 L/yr - ₹5.2 L/yr 50% less
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Tata AIA Life Insurance Branch Sales Manager Salary 4 - 9 years exp. (4 salaries)	₹5.2 L/yr - ₹7 L/yr 32% less	1 job opening
ICICI Bank Branch Sales Manager Salary 1 - 13 years exp. (68 salaries)	₹3.3 L/yr - ₹12 L/yr 17% less
Axis Bank Branch Sales Manager Salary 2 - 14 years exp. (54 salaries)	₹3 L/yr - ₹10.3 L/yr 21% less	1 job opening

Branch Sales Manager salary at SBI Life Insurance Company ranges between ₹8.4 Lakhs to ₹13 Lakhs per year for employees with experience between 11 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Branch Sales Manager salaries in Chennai

Last Updated: 21 Sep 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.3 L/yr
12 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹10 L/yr
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13 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
14 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
15+ years (AmbitionBox Estimate)	₹8.4 L/yr - ₹13 L/yr

From

Branch Sales Manager

6 - 20 years exp.

Divisional Sales Manager

11 - 20 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

Area Manager Salary

(13 salaries)

₹6.71 L/yr - ₹13 L/yr

Business Manager Salary

(4 salaries)

₹6.25 L/yr - ₹8.5 L/yr

Senior Branch Manager Salary

(4 salaries)

₹10 L/yr - ₹12.4 L/yr

Branch Manager Salary

(4 salaries)

₹7.5 L/yr - ₹14 L/yr

Top skills at SBI Life Insurance Company for Branch Sales Manager

Branch Management Branch Sales Sales Management Team Handling Insurance Sales Branch Handling Life Insurance Insurance Heading Profit Centre Business Management Tied Channel Business Strategy agency Team Management Development Management

Salary related reviews for SBI Life Insurance Company

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.

Business Development Manager in Work Form Bank And Field

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 25 Sep 2023

1.0

for Salary and Benefits

Likes

Only Job Security,

Job security - Good

Dislikes

...hear from long time. Only due to not get any increment I have left the job..... You will hire new persons on higher package but you won't retain ur old employes on giving them some litter bit hike or increment. My humble request to you that plz take care of your old employes who are working on lower package or CTC, from long time...plz don't force them to leave the job due to lower Package... And plz start Rehiring. Lots of old employes are ready to work with sbilife Again.🙏

Salary - Bad

+3 more

Business Development Manager in Bangalore / Bengaluru

Sales Department

1.0

• posted on 12 May 2022

5.0

for Salary and Benefits

Likes

Salary before month end Brand Reputation

Salary - Excellent

+1 more

Dislikes

No personal life satisfaction Terrible AM behavior No felicitation No recognition Poor plans and costly Pressure will come like he'll If channel partners not supported even though we've to do business.. Less customer service at channel partner

Skill development - Poor

+2 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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SBI Life Insurance Company Branch Sales Manager Salary FAQs

What is the salary of Branch Sales Manager at SBI Life Insurance Company Chennai?

Branch Sales Manager salary at SBI Life Insurance Company in Chennai ranges between ₹8.4 Lakhs to ₹13.0 Lakhs for experience between 11 years to 20 years. According to our estimates it is 21% more than the average Branch Sales Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company Chennai.

How does the salary of a Branch Sales Manager at SBI Life Insurance Company Chennai compare with the average salary range for this job?

The average salary of a Branch Sales Manager at SBI Life Insurance Company is 21% more than the average salary of a Branch Sales Manager in Chennai. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Sales Manager at SBI Life Insurance Company?

Branch Management, Branch Sales, Sales Management, Team Handling and Insurance Sales are some of the popular skills required to work as a Branch Sales Manager at SBI Life Insurance Company Chennai.

What is the salary of a Branch Sales Manager in companies similar to SBI Life Insurance Company in Chennai?

ICICI Bank Branch Sales Manager Salary - ₹3.3 Lakhs to ₹12.0 Lakhs per year
HDFC Life Branch Sales Manager Salary - ₹6.3 Lakhs to ₹7.9 Lakhs per year
Axis Bank Branch Sales Manager Salary - ₹3.0 Lakhs to ₹10.3 Lakhs per year
Tata AIA Life Insurance Branch Sales Manager Salary - ₹5.2 Lakhs to ₹7.0 Lakhs per year
Bajaj Allianz Life Insurance Branch Sales Manager Salary - ₹3.0 Lakhs to ₹5.2 Lakhs per year

What is the estimated take home salary of a Branch Sales Manager at SBI Life Insurance Company in Chennai?

The estimated take-home salary of a Branch Sales Manager at SBI Life Insurance Company ranges between ₹64,316 per month to ₹65,955 per month in Chennai. The take-home salary calculation is based on the average SBI Life Insurance Company Branch Sales Manager salary in India which ranges between ₹8.4 Lakhs to ₹13.0 Lakhs per year for employees with experience between 11 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Branch Sales Manager at SBI Life Insurance Company in Chennai?

According to AmbitionBox, 67% of the SBI Life Insurance Company Branch Sales Managers in Chennai reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Branch Sales Manager Salaries in Chennai

SBI Life Insurance Company Branch Sales Manager salary in Chennai ranges between ₹8.4 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.