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Shriram Life Insurance Branch Incharge salaries in India

Annual salary range
4 - 8 years exp.
₹2 Lakhs - ₹2.6 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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46% less than the average Branch Incharge Salary in Insurance Companies for 4 - 8 years of experience

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Last Updated: 26 May 2023

Companies similar to Shriram Life Insurance for Branch Incharge

Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹6 L/yr

arrow icon 80% more
Logo
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₹3.8 L/yr - ₹5.5 L/yr

arrow icon 100% more
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₹5.6 L/yr - ₹6.5 L/yr

arrow icon 152% more
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₹3.3 L/yr - ₹6.9 L/yr

arrow icon 114% more
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₹2 L/yr - ₹8 L/yr

arrow icon 112% more
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HDFC Life Branch Incharge Salary

9 - 15 years exp. (4 salaries)

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₹6.7 L/yr - ₹12.5 L/yr

arrow icon 349% more
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₹4 L/yr - ₹7 L/yr

arrow icon 154% more
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₹3.4 L/yr - ₹8.5 L/yr

arrow icon 123% more
Branch Incharge salary at Shriram Life Insurance ranges between ₹2 Lakhs to ₹2.6 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram Life Insurance.

Latest annual salaries shared by Shriram Life Insurance Branch Incharge

1y ago
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8 years exp.
1y ago
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4 years exp.
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5 years exp.
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4 years exp.

Experience wise Shriram Life Insurance Branch Incharge salaries

Last Updated: 26 May 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.2 L/yr
5 years (AmbitionBox Estimate)

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₹2 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.6 L/yr
7 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
8 years (AmbitionBox Estimate)

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₹1 L/yr - ₹2.6 L/yr

Similar Designation salaries in Shriram Life Insurance

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₹1.08 L/yr - ₹4 L/yr
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(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Team Lead Salary
(52 salaries)
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₹2.4 L/yr - ₹5.5 L/yr
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(44 salaries)
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₹4 L/yr - ₹10 L/yr
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₹3 L/yr - ₹5 L/yr

Salary related reviews for Shriram Life Insurance

Customer Service Department

1.0
  •  posted on 09 Mar 2021

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

... If my father is not well they are telling to get the sell from family members. They have told that If I sell the product the my family member then I will get my salary otherwise not see this is the company which is not at all employee centric it is only about their reputation and in terms of their reputation that are cheating their customers. So do not believe in this company please believe a trusted one.

read more
  • Salary - Bad
  • +6 more

BFSI, Investments & Trading Department

4.0
  •  posted on 31 Jul 2020

3.0
 for  Salary and Benefits

Likes

Work culture here is pretty flexible which allows people to work at their own pace and conviniece. Company is not very aggresive in nature and has indeed helped all their junior and mid level employees by providing full compensation during lockdown. When it comes to management, they are bit shaken after covid...making drastic changes which is not welcomed by many.

read more
  • Job security - Good
  • +2 more

Dislikes

Weak management. Worst paymaster in the industry and despite this they foucs immenly on cost cutting. Poor office infrastructure (branhces) expect the head office.

read more
  • Promotions - Poor

Sales Department

3.0
  •  posted on 18 Oct 2020

2.0
 for  Salary and Benefits

Likes

...tly. No appraisal this year. Compensation should be more as per work and labour. Very less salary.

read more

Dislikes

Salary must be at par as per the designation compare to other companies

  • Salary - Poor
  • +3 more

Human Resources Department

1.0
  •  posted on 13 Feb 2022

1.0
 for  Salary and Benefits

Likes

Nothing, it was the worst experience for me and when it comes growth , so there is no career growth in this company

Dislikes

Nothing one of the poor company with less benefits in increment , bonus and salary too, very poor culture, use bad language with employees, shows there partiality, politics is there, don’t provide transportation after 5:30 and many more

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Marketing & Communication Department

3.0
  •  posted on 19 Nov 2024

3.0
 for  Salary and Benefits

Likes

Sales business so... income is flexible according to your business

  • Skill development - Good

Dislikes

There are many dislikes.... 1. Salary was not credited by the correct date 2. There are no week off including Sunday working day 3.etc not recommended

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Shriram Life Insurance Branch Incharge Salary FAQs

What is the salary of Branch Incharge at Shriram Life Insurance ?
The average salary of a Branch Incharge at Shriram Life Insurance in India typically ranges from ₹2.0 Lakhs to ₹2.6 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Branch Incharge at Shriram Life Insurance earn more than ₹2.6 Lakhs per year, and the top 1% earn over ₹2.6 Lakhs per year. Branch Incharge Salaries at Shriram Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Shriram Life Insurance employees in India.
What is the estimated take home salary of a Branch Incharge at Shriram Life Insurance in India?
The estimated take-home salary of a Branch Incharge at Shriram Life Insurance in India typically ranges from ₹15,933 to ₹17,581 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.6 Lakhs per year for employees with experience ranging from 4 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Shriram Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Shriram Life Insurance for Branch Incharge in India?
HDFC Life ₹6.7 Lakhs to ₹12.5 Lakhs per year
Bajaj Allianz Life Insurance ₹4.0 Lakhs to ₹7.0 Lakhs per year
Reliance Nippon Life Insurance ₹5.6 Lakhs to ₹6.5 Lakhs per year
Star Health & Allied Insurance ₹3.4 Lakhs to ₹8.5 Lakhs per year
ICICI Lombard General Insurance Company ₹3.3 Lakhs to ₹6.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Shriram Life Insurance, depending on the role and experience level.
What is the salary of a Branch Incharge in companies similar to Shriram Life Insurance in India?
The salary of a Branch Incharge at companies similar to Shriram Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz General Insurance ₹2.0 Lakhs to ₹8.0 Lakhs per year
Tata AIA Life Insurance ₹3.8 Lakhs to ₹5.5 Lakhs per year
ICICI Prudential Life Insurance ₹3.0 Lakhs to ₹6.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Branch Incharge at Shriram Life Insurance in India?
The salary growth for a Branch Incharge at Shriram Life Insurance depends on factors such as experience, performance, and promotions. On average, a Branch Incharge can expect the following growth trajectory at Shriram Life Insurance:

Experience Average Salary Range
4 years ₹2.0 Lakhs to ₹2.2 Lakhs per year
5 years ₹2.0 Lakhs to ₹3.9 Lakhs per year
6 years ₹2.1 Lakhs to ₹2.6 Lakhs per year
7 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
and so on.

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Shriram Life Insurance Branch Incharge salary in India ranges between ₹2 Lakhs to ₹2.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.