Tata AIA Life Insurance Indore Branch Manager Salaries by 5 Employees (Updated 2025)

11 - 18 years exp.

₹7 Lakhs - ₹14 Lakhs

Salary of majority employees

15% more than the average Branch Manager Salary in Insurance Companies for 11 - 18 years of experience

Interested in this particular role? 13 job openings

Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 11 - 18 years exp. (3 salaries)	₹7 L/yr - ₹14 L/yr
Login to view exact salary
Sales & Business Development Branch Manager Salary 13 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹14.4 L/yr

Last Updated: 12 Mar 2025

Companies similar to Tata AIA Life Insurance for Branch Manager in Indore

Tata AIA Life Insurance Branch Manager Salary

11 - 18 years exp. (5 salaries)

₹7 L/yr - ₹14 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Branch Manager Salary 9 - 16 years exp. (10 salaries)	₹6 L/yr - ₹11 L/yr 26% less
Star Health & Allied Insurance Branch Manager Salary 6 - 17 years exp. (6 salaries)	₹4 L/yr - ₹10 L/yr 36% less
Login to view exact salary
The New India Assurance Co. Branch Manager Salary 9 - 11 years exp. (5 salaries)	₹14 L/yr - ₹18.5 L/yr 35% more
Axis Max Life Insurance Branch Manager Salary 16 - 19 years exp. (3 salaries)	₹10.1 L/yr - ₹11.8 L/yr 7% less	4 job openings
IndusInd Bank Branch Manager Salary 7 - 20 years exp. (59 salaries)	₹5 L/yr - ₹18 L/yr 2% less	15 job openings

Branch Manager salary at Tata AIA Life Insurance ranges between ₹7 Lakhs to ₹14 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of Tata AIA Life Insurance.

Experience wise Tata AIA Life Insurance Branch Manager salaries in Indore

Last Updated: 12 Mar 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹7 L/yr - ₹19.9 L/yr
12 years (AmbitionBox Estimate)	₹9 L/yr - ₹20.4 L/yr
Login to view exact salary
13 years (AmbitionBox Estimate)	₹9 L/yr - ₹20.9 L/yr
14 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
15+ years (AmbitionBox Estimate)	₹5.1 L/yr - ₹14 L/yr

Similar Designation salaries in Tata AIA Life Insurance

Area Manager Salary

(4 salaries)

₹10 L/yr - ₹13.16 L/yr

Top skills at Tata AIA Life Insurance for Branch Manager

Agency Sales Agency Sales Life Insurance Branch Management Agency Channel agency development Agency Management Life Insurance Business Development Branch Management Recruitment Performance Management Team Management Sales Process Team Handling

Salary related reviews for Tata AIA Life Insurance

Relationship Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

5.0

• posted on 23 Oct 2024

1.0

for Salary and Benefits

Likes

Yes

Skill development - Excellent

+3 more

Dislikes

...en to parents here the employee need to be paid to cover her parents Employees getting minimum salaries and in that minimum salary there is no benefits..

Salary - Bad

+1 more

Relationship Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 30 Sep 2024

1.0

for Salary and Benefits

Likes

Incentive sharing to the channel Partner Manager are never visit and interact with channel Partner

Skill development - Good

+2 more

Dislikes

Only bucket 🪣 people get promotion and timing change their salary correction. Than can fire 🔥 employee according to their wishes

Salary - Bad

+3 more

Relationship Manager in Gurgaon Sector 14

Insurance Department

5.0

• posted on 21 Aug 2021

5.0

for Salary and Benefits

Likes

...ironment and culture.Teammates are supportive and the management is transparent. Company policies are good appraisal 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.

Relationship Manager in Mumbai

Customer Success, Service & Operations Department

5.0

• posted on 29 Jun 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 2 months notice period criteria for confirmed employees.

Assistant Branch Manager in Kolkata

BFSI, Investments & Trading Department

3.0

• posted on 14 Dec 2018

2.0

for Salary and Benefits

Likes

Skill development and challenge handling.

Skill development - Good

Dislikes

...and poor compensation structure with respect to responsibilities and challenges.Unable to retain quality manpower due to poor salary structure .

Salary - Poor

+1 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 manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Tata AIA Life Insurance?

Ask anonymously on communities.

Tata AIA Life Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at Tata AIA Life Insurance in Indore?

The average salary of a Branch Manager at Tata AIA Life Insurance in Indore typically ranges from ₹7.0 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 11 years to 18 years).

The top 10% of Branch Manager in Indore at Tata AIA Life Insurance earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Branch Manager Salaries at Tata AIA 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 5 Tata AIA Life Insurance employees in India.

What is the estimated take home salary of a Branch Manager at Tata AIA Life Insurance in Indore?

The estimated take-home salary of a Branch Manager at Tata AIA Life Insurance in Indore typically ranges from ₹84,700 to ₹86,916 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 11 years to 18 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 5 salaries received from various employees of Tata AIA Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Manager at Tata AIA Life Insurance in Indore?

To be a Branch Manager at Tata AIA Life Insurance in Indore, the key skills required include:

- Agency Sales
- Agency Sales
- Life Insurance
- Branch Management
- Agency Channel

These skills are highly valued at Tata AIA Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Tata AIA Life Insurance for Branch Manager in India?

The New India Assurance Co.

₹14.0 Lakhs to ₹18.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Tata AIA Life Insurance, depending on the role and experience level.

What is the salary of a Branch Manager in companies similar to Tata AIA Life Insurance in Indore?

The salary of a Branch Manager at companies similar to Tata AIA Life Insurance in Indore varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndusInd Bank	₹5.0 Lakhs to ₹18.0 Lakhs per year
Axis Max Life Insurance	₹10.1 Lakhs to ₹11.8 Lakhs per year
HDFC Ergo General Insurance	₹6.0 Lakhs to ₹11.0 Lakhs per year
Star Health & Allied Insurance	₹4.0 Lakhs to ₹10.0 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 Manager at Tata AIA Life Insurance in Indore?

The salary growth for a Branch Manager at Tata AIA Life Insurance in Indore depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Indore can expect the following growth trajectory at Tata AIA Life Insurance:

Experience	Average Salary Range
11 years	₹7.0 Lakhs to ₹19.9 Lakhs per year
12 years	₹9.0 Lakhs to ₹20.4 Lakhs per year
13 years	₹9.0 Lakhs to ₹20.9 Lakhs per year
14 years	₹10.7 Lakhs to ₹13.7 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Tata AIA Life Insurance Salaries >
Tata AIA Life Insurance Branch Manager Salaries >
Tata AIA Life Insurance Branch Manager Salaries in Indore

Tata AIA Life Insurance Branch Manager salary in Indore ranges between ₹7 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Tata AIA Life Insurance latest salaries received from various employees of Tata AIA Life Insurance.