SBI Life Insurance Company Bangalore / Bengaluru Senior Branch Manager Salaries by 5 Employees (Updated 2025)

17 - 22 years exp.

₹9.8 Lakhs - ₹12 Lakhs

Salary of majority employees

At par with the average Senior Branch Manager Salary in Insurance Companies for 17 - 22 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Senior Branch Manager Salary 18 - 21 years exp. (3 salaries)	₹9.8 L/yr - ₹11.5 L/yr
Login to view exact salary
Sales & Business Development Senior Branch Manager Salary 17 - 22 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹12 L/yr

Last Updated: 16 Mar 2023

Companies similar to SBI Life Insurance Company for Senior Branch Manager in Bangalore / Bengaluru

SBI Life Insurance Company Senior Branch Manager Salary

17 - 22 years exp. (5 salaries)

₹9.8 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Senior Branch Manager Salary 12 - 18 years exp. (3 salaries)	₹11 L/yr - ₹12.4 L/yr 6% more
Reliance Nippon Life Insurance Senior Branch Manager Salary 11 - 15 years exp. (3 salaries)	₹9.5 L/yr - ₹10.5 L/yr 11% less
Login to view exact salary
PNB MetLife Senior Branch Manager Salary 13 - 15 years exp. (3 salaries)	₹13.5 L/yr - ₹16 L/yr 27% more
Star Health & Allied Insurance Senior Branch Manager Salary 18 - 25 years exp. (4 salaries)	₹10.9 L/yr - ₹13.2 L/yr 7% more
Muthoot Fincorp Senior Branch Manager Salary 8 - 17 years exp. (13 salaries)	₹4.3 L/yr - ₹6.5 L/yr 49% less

Senior Branch Manager salary at SBI Life Insurance Company ranges between ₹9.8 Lakhs to ₹12 Lakhs per year for employees with experience between 17 years to 22 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Senior Branch Manager salaries in Bangalore / Bengaluru

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
15+ years (5 salaries)	₹9.8 L/yr - ₹12 L/yr
Login to view exact salary

Similar Designation salaries in SBI Life Insurance Company

Area Manager Salary

(24 salaries)

₹7.5 L/yr - ₹13.21 L/yr

Branch Manager Salary

(9 salaries)

₹6.5 L/yr - ₹12 L/yr

Area Sales Manager Salary

(6 salaries)

₹7 L/yr - ₹13.5 L/yr

Territory Manager Salary

(3 salaries)

₹5.25 L/yr - ₹6 L/yr

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

Got a question about SBI Life Insurance Company?

Ask anonymously on communities.

SBI Life Insurance Company Senior Branch Manager Salary FAQs

What is the salary of Senior Branch Manager at SBI Life Insurance Company Bangalore / Bengaluru?

Senior Branch Manager salary at SBI Life Insurance Company in Bangalore / Bengaluru ranges between ₹9.8 Lakhs to ₹12.0 Lakhs for experience between 17 years to 22 years. According to our estimates it is 1% less than the average Senior Branch Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company Bangalore / Bengaluru.

How does the salary of a Senior Branch Manager at SBI Life Insurance Company Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Senior Branch Manager at SBI Life Insurance Company is 1% less than the average salary of a Senior Branch Manager in Bangalore / Bengaluru. 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 Bangalore / Bengaluru?

PNB MetLife Senior Branch Manager Salary - ₹13.5 Lakhs to ₹16.0 Lakhs per year
Star Health & Allied Insurance Senior Branch Manager Salary - ₹10.9 Lakhs to ₹13.2 Lakhs per year
HDFC Life Senior Branch Manager Salary - ₹11.0 Lakhs to ₹12.4 Lakhs per year

What is the salary of a Senior Branch Manager in companies similar to SBI Life Insurance Company in Bangalore / Bengaluru?

Reliance Nippon Life Insurance Senior Branch Manager Salary - ₹9.5 Lakhs to ₹10.5 Lakhs per year
Muthoot Fincorp Senior Branch Manager Salary - ₹4.3 Lakhs to ₹6.5 Lakhs per year

What is the estimated take home salary of a Senior Branch Manager at SBI Life Insurance Company in Bangalore / Bengaluru?

The estimated take-home salary of a Senior Branch Manager at SBI Life Insurance Company ranges between ₹80,500 per month to ₹82,597 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average SBI Life Insurance Company Senior Branch Manager salary in India which ranges between ₹9.8 Lakhs to ₹12.0 Lakhs per year for employees with experience between 17 years to 22 years. Check how did we calculate take home salary?

Tell us how to improve this page.

Home >
Salaries >
SBI Life Insurance Company Salaries >
SBI Life Insurance Company Senior Branch Manager Salaries >
SBI Life Insurance Company Senior Branch Manager Salaries in Bangalore / Bengaluru

SBI Life Insurance Company Senior Branch Manager salary in Bangalore / Bengaluru ranges between ₹9.8 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Senior Branch Manager salaries in Bangalore / Bengaluru

Companies similar to SBI Life Insurance Company for Senior Branch Manager in Bangalore / Bengaluru

Latest annual salaries shared by SBI Life Insurance Company Senior Branch Manager in Bangalore / Bengaluru

Experience wise SBI Life Insurance Company Senior Branch Manager salaries in Bangalore / Bengaluru

Similar Designation salaries in SBI Life Insurance Company

Salary related reviews for SBI Life Insurance Company

Area Sales Manager in Vijayawada

Business Development Manager in Rajkot

Business Development Manager in Jaipur

Business Development Manager in Work Form Bank And Field

Business Development Manager in Bangalore / Bengaluru

SBI Life Insurance Company Senior Branch Manager Salary FAQs

Tell us how to improve this page.