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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 Manager salaries in Chennai

Annual salary range
15 - 22 years exp.
₹10 Lakhs - ₹13.2 Lakhs
Salary of majority employees
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21% more than the average Senior Branch Manager Salary in Insurance Companies for 15 - 22 years of experience

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Salaries in different departments

Sales & Business Development
Senior Branch Manager Salary
15 - 16 years exp. (AmbitionBox Estimate)
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₹10 L/yr - ₹12 L/yr

BFSI, Investments & Trading
Senior Branch Manager Salary
22 years exp. (AmbitionBox Estimate)
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₹11.5 L/yr - ₹13.2 L/yr

Last Updated: 15 Apr 2024

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

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SBI Life Insurance Company Senior Branch Manager Salary

15 - 22 years exp. (4 salaries)
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₹10 L/yr - ₹13.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Senior Branch Manager Salary

11 - 12 years exp. (3 salaries)
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₹10.5 L/yr - ₹12 L/yr

arrow icon 10% less
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Reliance Nippon Life Insurance Senior Branch Manager Salary

7 - 18 years exp. (8 salaries)
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₹8 L/yr - ₹11.5 L/yr

arrow icon 29% less
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Care Health Insurance Senior Branch Manager Salary

9 - 15 years exp. (3 salaries)
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₹7 L/yr - ₹7.5 L/yr

arrow icon 45% less
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HDFC Bank Senior Branch Manager Salary

11 - 17 years exp. (6 salaries)
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₹13 L/yr - ₹19 L/yr

arrow icon 2% more
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Muthoot Fincorp Senior Branch Manager Salary

5 - 16 years exp. (6 salaries)
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₹4.2 L/yr - ₹5.6 L/yr

arrow icon 59% less
Senior Branch Manager salary at SBI Life Insurance Company ranges between ₹10 Lakhs to ₹13.2 Lakhs per year for employees with experience between 15 years to 22 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

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

8mo ago
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16 years exp.
1y ago
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22 years exp.
1y ago
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15 years exp.

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

Last Updated: 15 Apr 2024

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹10 L/yr - ₹23.5 L/yr

Similar Designation salaries in SBI Life Insurance Company

Area Manager Salary
(13 salaries)
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₹6.71 L/yr - ₹13 L/yr
Branch Sales Manager Salary
(4 salaries)
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₹8.4 L/yr - ₹13 L/yr

Salary related reviews for SBI Life Insurance Company

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Rated by 2 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 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

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

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

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,

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

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

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

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a technical project manager
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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?
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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 Chennai?
Senior Branch Manager salary at SBI Life Insurance Company in Chennai ranges between ₹10.0 Lakhs to ₹13.2 Lakhs for experience between 15 years to 22 years. According to our estimates it is 21% more than the average Senior Branch 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 Senior Branch Manager at SBI Life Insurance Company Chennai compare with the average salary range for this job?
The average salary of a Senior Branch Manager at SBI Life Insurance Company is 21% more than the average salary of a Senior Branch Manager in Chennai. 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 Chennai?
  • HDFC Bank Senior Branch Manager Salary - ₹13.0 Lakhs to ₹19.0 Lakhs per year
What is the salary of a Senior Branch Manager in companies similar to SBI Life Insurance Company in Chennai?
  • HDFC Life Senior Branch Manager Salary - ₹10.5 Lakhs to ₹12.0 Lakhs per year
  • Reliance Nippon Life Insurance Senior Branch Manager Salary - ₹8.0 Lakhs to ₹11.5 Lakhs per year
  • Care Health Insurance Senior Branch Manager Salary - ₹7.0 Lakhs to ₹7.5 Lakhs per year
  • Muthoot Fincorp Senior Branch Manager Salary - ₹4.2 Lakhs to ₹5.6 Lakhs per year
What is the estimated take home salary of a Senior Branch Manager at SBI Life Insurance Company in Chennai?
The estimated take-home salary of a Senior Branch Manager at SBI Life Insurance Company ranges between ₹91,500 per month to ₹93,947 per month in Chennai. The take-home salary calculation is based on the average SBI Life Insurance Company Senior Branch Manager salary in India which ranges between ₹10.0 Lakhs to ₹13.2 Lakhs per year for employees with experience between 15 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 in Chennai?
According to AmbitionBox, 75% of the SBI Life Insurance Company Senior Branch Managers in Chennai reported a notice period of 1 Month, 25% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Senior Branch Manager salary in Chennai ranges between ₹10 Lakhs to ₹13.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.