Tata AIA Life Insurance Lucknow Branch Manager Salaries by 10 Employees

8 - 19 years exp.

₹8.8 Lakhs - ₹15.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

12% more than the average Branch Manager Salary in Insurance Companies for 8 - 19 years of experience

Interested in this particular role? 13 job openings

Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 8 - 19 years exp. (6 salaries)	₹9.8 L/yr - ₹13 L/yr
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Sales & Business Development Branch Manager Salary 8 - 18 years exp. (4 salaries)	₹8.8 L/yr - ₹15.5 L/yr

Last Updated: 14 Nov 2024

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

Tata AIA Life Insurance Branch Manager Salary

8 - 19 years exp. (10 salaries)

₹8.8 L/yr - ₹15.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance Nippon Life Insurance Branch Manager Salary 7 - 19 years exp. (23 salaries)	₹4 L/yr - ₹10 L/yr 39% less
ICICI Prudential Life Insurance Branch Manager Salary 5 - 16 years exp. (18 salaries)	₹7.3 L/yr - ₹16 L/yr 1% more
Login to view exact salary
Axis Max Life Insurance Branch Manager Salary 8 - 18 years exp. (10 salaries)	₹7.5 L/yr - ₹12 L/yr 16% less	1 job opening
Aditya Birla Sun Life Insurance Branch Manager Salary 7 - 10 years exp. (4 salaries)	₹7 L/yr - ₹9.5 L/yr 28% less
Aditya Birla Health Insurance Co Branch Manager Salary 8 - 16 years exp. (4 salaries)	₹8.6 L/yr - ₹11 L/yr 26% less
Bajaj Allianz Life Insurance Branch Manager Salary 7 - 15 years exp. (4 salaries)	₹8.3 L/yr - ₹11.5 L/yr 31% less	24 job openings
Shriram Life Insurance Branch Manager Salary 10 - 15 years exp. (3 salaries)	₹4.5 L/yr - ₹7.5 L/yr 49% less	2 job openings

Branch Manager salary at Tata AIA Life Insurance ranges between ₹8.8 Lakhs to ₹15.5 Lakhs per year for employees with experience between 8 years to 19 years. Salary estimates are based on 10 latest salaries received from various employees of Tata AIA Life Insurance.

Experience wise Tata AIA Life Insurance Branch Manager salaries in Lucknow

Last Updated: 14 Nov 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
9 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr
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10 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr
11 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr
12 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
13 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹14 L/yr
14 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr
15+ years (6 salaries)	₹9.5 L/yr - ₹15.5 L/yr

View all

Similar Designation salaries in Tata AIA Life Insurance

Sales Manager Salary

(10 salaries)

₹3.2 L/yr - ₹9 L/yr

Senior Branch Manager Salary

(4 salaries)

₹10 L/yr - ₹14 L/yr

Area Manager Salary

(3 salaries)

₹7.2 L/yr - ₹15.58 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

3.7

Rated by 2 employees for salary & benefits

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

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Tata AIA Life Insurance Branch Manager Salary FAQs

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

The average salary of a Branch Manager at Tata AIA Life Insurance in Lucknow typically ranges from ₹8.8 Lakhs to ₹15.5 Lakhs per year, depending on experience (from 8 years to 19 years).

The top 10% of Branch Manager in Lucknow at Tata AIA Life Insurance earn more than ₹14.3 Lakhs per year, and the top 1% earn over ₹15.5 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 10 Tata AIA Life Insurance employees in India.

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

The estimated take-home salary of a Branch Manager at Tata AIA Life Insurance in Lucknow typically ranges from ₹86,345 to ₹88,607 per month. This is based on the average salary range of ₹8.8 Lakhs to ₹15.5 Lakhs per year for employees with experience ranging from 8 years to 19 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 10 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 Lucknow?

To be a Branch Manager at Tata AIA Life Insurance in Lucknow, 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?

ICICI Prudential Life Insurance

₹7.3 Lakhs to ₹16.0 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 Lucknow?

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

Axis Max Life Insurance	₹7.5 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Health Insurance Co	₹8.6 Lakhs to ₹11.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹7.0 Lakhs to ₹9.5 Lakhs per year
Bajaj Allianz Life Insurance	₹8.3 Lakhs to ₹11.5 Lakhs per year
Reliance Nippon Life 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 Lucknow?

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

Experience	Average Salary Range
8 years	₹10.0 Lakhs to ₹12.8 Lakhs per year
9 years	₹10.2 Lakhs to ₹13.0 Lakhs per year
10 years	₹10.4 Lakhs to ₹13.2 Lakhs per year
11 years	₹10.6 Lakhs to ₹13.5 Lakhs per year

and so on.

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Tata AIA Life Insurance Branch Manager Salaries in Lucknow

Tata AIA Life Insurance Branch Manager salary in Lucknow ranges between ₹8.8 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Tata AIA Life Insurance latest salaries received from various employees of Tata AIA Life Insurance.