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SBI Life Insurance Company Senior Branch Manager salaries in India (Updated 2025)

Annual salary range
10 - 22 years exp.
₹9 Lakhs - ₹18.5 Lakhs
Salary of majority employees
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22% more than the average Senior Branch Manager Salary in Insurance Companies for 10 - 22 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Branch Manager Salary
10 - 22 years exp. (39 salaries)
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₹9 L/yr - ₹17 L/yr

Sales & Business Development
Senior Branch Manager Salary
12 - 22 years exp. (11 salaries)
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₹10 L/yr - ₹18.5 L/yr

Marketing & Communication
Senior Branch Manager Salary
16 - 17 years exp. (AmbitionBox Estimate)
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₹12.9 L/yr - ₹15.4 L/yr

Last Updated: 10 Mar 2025

Companies similar to SBI Life Insurance Company for Senior Branch Manager

Company name Avg Annual Salary Open Jobs
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₹10 L/yr - ₹16 L/yr

arrow icon 2% more
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HDFC Life Senior Branch Manager Salary

10 - 20 years exp. (83 salaries)

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₹7.8 L/yr - ₹14.8 L/yr

arrow icon 14% less
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₹9 L/yr - ₹13.6 L/yr

arrow icon 16% less
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₹6 L/yr - ₹15.3 L/yr

arrow icon 19% less
2 job openings
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₹9.1 L/yr - ₹14.3 L/yr

arrow icon 12% less
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₹6.5 L/yr - ₹12.3 L/yr

arrow icon 26% less
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₹10 L/yr - ₹17 L/yr

arrow icon 7% more
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₹8 L/yr - ₹15 L/yr

arrow icon 10% less
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PNB MetLife Senior Branch Manager Salary

11 - 20 years exp. (41 salaries)

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₹12 L/yr - ₹16.5 L/yr

arrow icon 4% more
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₹6 L/yr - ₹15 L/yr

arrow icon 4% less
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₹8.5 L/yr - ₹14.1 L/yr

arrow icon 16% less
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₹9 L/yr - ₹12.3 L/yr

arrow icon 15% less
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₹7.2 L/yr - ₹13.2 L/yr

arrow icon 23% less
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₹7 L/yr - ₹15 L/yr

arrow icon 17% less
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₹3.2 L/yr - ₹10.6 L/yr

arrow icon 54% less
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₹12 L/yr - ₹30 L/yr

arrow icon 64% more
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₹5.5 L/yr - ₹10 L/yr

arrow icon 39% less
Senior Branch Manager salary at SBI Life Insurance Company ranges between ₹9 Lakhs to ₹18.5 Lakhs per year for employees with experience between 10 years to 22 years. Salary estimates are based on 64 latest salaries received from various employees of SBI Life Insurance Company.

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

2d ago
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17 years exp.
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17 years exp.
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19 years exp.
6mo ago
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17 years exp.
10mo ago
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16 years exp.
1y ago
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18 years exp.
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11 years exp.
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16 years exp.
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10 years exp.
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14 years exp.

Experience wise SBI Life Insurance Company Senior Branch Manager salaries

Last Updated: 10 Mar 2025

Experience Avg Annual Salary
10 years  (4 salaries)

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₹10 L/yr - ₹13 L/yr
11 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹13.5 L/yr
12 years (AmbitionBox Estimate)

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₹10 L/yr - ₹23.3 L/yr
13 years  (4 salaries)

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₹11.4 L/yr - ₹23.4 L/yr
14 years  (9 salaries)

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₹10.1 L/yr - ₹15.5 L/yr
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Similar Designation salaries in SBI Life Insurance Company

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₹3.4 L/yr - ₹4.5 L/yr
Branch Manager Salary
(169 salaries)
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₹6.5 L/yr - ₹15.7 L/yr
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₹2.4 L/yr - ₹12 L/yr
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₹3.25 L/yr - ₹5.5 L/yr
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₹3.6 L/yr - ₹13 L/yr
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₹3.75 L/yr - ₹13.5 L/yr
Area Manager Salary
(222 salaries)
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₹4.6 L/yr - ₹14.21 L/yr
Territory Manager Salary
(100 salaries)
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₹4 L/yr - ₹7 L/yr
Sales Manager Salary
(84 salaries)
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₹1.2 L/yr - ₹5.6 L/yr
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₹5 L/yr - ₹13 L/yr
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Salary related reviews for SBI Life Insurance Company

3.5

Rated by 21 employees for salary & benefits

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.

read more
  • Salary - Poor

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.

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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

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.

read more

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.🙏

read more
  • Salary - Bad
  • +3 more
see more salary related reviews

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SBI Life Insurance Company Senior Branch Manager Salary FAQs

What is the salary of Senior Branch Manager at SBI Life Insurance Company?
Senior Branch Manager salary at SBI Life Insurance Company in India ranges between ₹9.0 Lakhs to ₹18.5 Lakhs for experience between 10 years to 22 years. According to our estimates it is 22% more than the average Senior Branch Manager Salary in India. Salary estimates are based on 64 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Senior Branch Manager at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Senior Branch Manager at SBI Life Insurance Company is 22% more than the average salary of a Senior Branch 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 Manager in India?
  • United India Insurance Company Senior Branch Manager Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
  • Tata AIA Life Insurance Senior Branch Manager Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
  • PNB MetLife Senior Branch Manager Salary - ₹12.0 Lakhs to ₹16.5 Lakhs per year
  • ICICI Prudential Life Insurance Senior Branch Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
What is the salary of a Senior Branch Manager in companies similar to SBI Life Insurance Company in India?
  • Life Insurance Corporation of India Senior Branch Manager Salary - ₹6.0 Lakhs to ₹15.0 Lakhs per year
  • Aditya Birla Sun Life Insurance Senior Branch Manager Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
  • Kotak Mahindara Life Insurance Senior Branch Manager Salary - ₹9.1 Lakhs to ₹14.3 Lakhs per year
  • HDFC Life Senior Branch Manager Salary - ₹7.8 Lakhs to ₹14.8 Lakhs per year
  • Aditya Birla Health Insurance Co Senior Branch Manager Salary - ₹9.0 Lakhs to ₹12.3 Lakhs per year
What is the estimated take home salary of a Senior Branch Manager at SBI Life Insurance Company in India?
The estimated take-home salary of a Senior Branch Manager at SBI Life Insurance Company ranges between ₹92,811 per month to ₹95,301 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Senior Branch Manager salary in India which ranges between ₹9.0 Lakhs to ₹18.5 Lakhs per year for employees with experience between 10 years to 22 years. Check how did we calculate take home salary?
What is the notice period for Senior Branch Manager at SBI Life Insurance Company?
According to AmbitionBox, 61% of the SBI Life Insurance Company Senior Branch Managers reported a notice period of 3 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 41 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Senior Branch Manager salary in India ranges between ₹9 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 64 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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