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SBI Life Insurance Company

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3.8

based on 3.6k Reviews

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SBI Life Insurance Company Senior Branch Development Manager salaries in India

Annual salary range
3 - 8 years exp.
₹4 Lakhs - ₹4.8 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.
Salary of majority employees
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8% less than the average Senior Branch Development Manager Salary in Insurance Companies for 3 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Branch Development Manager Salary
5 - 6 years exp. (3 salaries)
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₹4.2 L/yr - ₹4.8 L/yr

Sales & Business Development
Senior Branch Development Manager Salary
3 - 6 years exp. (3 salaries)
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₹4.2 L/yr - ₹4.3 L/yr

Food, Beverage & Hospitality
Senior Branch Development Manager Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹4.3 L/yr

Last Updated: 30 Nov 2024

Companies similar to SBI Life Insurance Company for Senior Branch Development Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Allianz Life Insurance Senior Branch Development Manager Salary

0 - 15 years exp. (7 salaries)
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₹4.2 L/yr - ₹4.5 L/yr

arrow icon 2% more
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Care Health Insurance Senior Branch Development Manager Salary

6 - 18 years exp. (5 salaries)
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₹5.5 L/yr - ₹8 L/yr

arrow icon 68% more
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IndusInd Bank Senior Branch Development Manager Salary

0 - 4 years exp. (6 salaries)
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₹4 L/yr - ₹4.5 L/yr

arrow icon 4% less
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IndiaFirst Life Insurance Senior Branch Development Manager Salary

3 - 7 years exp. (4 salaries)
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₹3.8 L/yr - ₹6 L/yr

arrow icon 9% more
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Niva Bupa Health Insurance Company Senior Branch Development Manager Salary

3 - 10 years exp. (4 salaries)
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₹4 L/yr - ₹5.5 L/yr

arrow icon 10% more
Senior Branch Development Manager salary at SBI Life Insurance Company ranges between ₹4 Lakhs to ₹4.8 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 8 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Senior Branch Development Manager

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4 years exp.
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6 years exp.
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6 years exp.
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3 years exp.
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5 years exp.
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8 years exp.
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7 years exp.

Experience wise SBI Life Insurance Company Senior Branch Development Manager salaries

Last Updated: 30 Nov 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹7.9 L/yr
4 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹7.9 L/yr
5 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)

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₹4 L/yr - ₹7.8 L/yr
View all

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₹2.7 L/yr - ₹5.15 L/yr
Senior Sales Manager Salary
(4 salaries)
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₹3.4 L/yr - ₹4.5 L/yr
Senior Relationship Manager Salary
(12 salaries)
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₹3.25 L/yr - ₹5.5 L/yr
Assistant Sales Manager Salary
(6 salaries)
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₹1.88 L/yr - ₹6.5 L/yr
Branch Manager Salary
(160 salaries)
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₹6.5 L/yr - ₹15.7 L/yr
Regional Manager Salary
(6 salaries)
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₹30 L/yr - ₹39.09 L/yr
Territory Sales Manager Salary
(11 salaries)
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₹4.87 L/yr - ₹6 L/yr
Area Sales Manager Salary
(32 salaries)
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₹3.75 L/yr - ₹15.15 L/yr

Salary related reviews for SBI Life Insurance Company

3.4

Rated by 6 employees for salary & benefits

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.

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 Executive in Gangtok

Full Time

 · 

Marketing & Communication Department

4.0
  •  posted on 13 Sep 2023
5.0
 for  Salary and Benefits

Likes

very good company with good oppurtunities and good pay

Dislikes

management is not so good,specially our managers always threatning for resign and salary hold.company needs to fix this kind of problems for their employee to work with full motivation

read more

Senior Business Development Executive in Ongole

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 09 Jun 2023
2.0
 for  Salary and Benefits

Likes

No positive to tell company not good salary not good supporting staff.

Dislikes

Treating very cheap to front line employees(Field workers).and also no support to superior s.. always blamed for front line employees.

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

Senior Business Development Manager in Katni

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 20 Apr 2022
2.0
 for  Salary and Benefits

Likes

Best brand in insurance sector..well known..

Dislikes

Salary is low as per targets given by company..incentives are good but company has to think for good salary as well.. Products is not up to the mark as per market competition.

read more
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Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?
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SBI Life Insurance Company Senior Branch Development Manager Salary FAQs

What is the salary of Senior Branch Development Manager at SBI Life Insurance Company?
Senior Branch Development Manager salary at SBI Life Insurance Company in India ranges between ₹4.0 Lakhs to ₹4.8 Lakhs for experience between 3 years to 8 years. According to our estimates it is 8% less than the average Senior Branch Development Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Senior Branch Development Manager at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Senior Branch Development Manager at SBI Life Insurance Company is 8% less than the average salary of a Senior Branch Development Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Senior Branch Development Manager in India?
  • Care Health Insurance Senior Branch Development Manager Salary - ₹5.5 Lakhs to ₹8.0 Lakhs per year
  • Niva Bupa Health Insurance Company Senior Branch Development Manager Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year
  • IndiaFirst Life Insurance Senior Branch Development Manager Salary - ₹3.8 Lakhs to ₹6.0 Lakhs per year
  • Bajaj Allianz Life Insurance Senior Branch Development Manager Salary - ₹4.2 Lakhs to ₹4.5 Lakhs per year
What is the salary of a Senior Branch Development Manager in companies similar to SBI Life Insurance Company in India?
  • IndusInd Bank Senior Branch Development Manager Salary - ₹4.0 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Senior Branch Development Manager at SBI Life Insurance Company in India?
The estimated take-home salary of a Senior Branch Development Manager at SBI Life Insurance Company ranges between ₹32,455 per month to ₹33,733 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Senior Branch Development Manager salary in India which ranges between ₹4.0 Lakhs to ₹4.8 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Senior Branch Development Manager at SBI Life Insurance Company?
According to AmbitionBox, 42% of the SBI Life Insurance Company Senior Branch Development Managers reported a notice period of 2 Months, 26% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Senior Branch Development Manager Salaries by Location

SBI Life Insurance Company Senior Branch Development Manager salary in India ranges between ₹4 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.