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Annual salary range
4 - 20 years exp.
₹4.5
Lakhs - ₹12.9
Lakhs
Salary of majority employees
Avg. annual salary
Monthly In-hand Salary
Branch Manager Salary at Bajaj Allianz Life Insurance ranges between ₹4.5 Lakhs to ₹12.9 Lakhs per year for employees with experience between 4 years to 20 years. Salary estimates are based on 174 latest salaries...
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7% less than the average Branch Manager Salary in Insurance Companies for 4 - 20 years of experience
Interested in this particular role? 10 job openings
Companies similar to Bajaj Allianz Life Insurance for Branch Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Branch Manager Salary
3 - 18 years exp. (298 salaries) |  ₹6 L/yr - ₹20 L/yr 
47%
more | 2 job openings |
 HDFC Life Branch Manager Salary
6 - 18 years exp. (262 salaries) | ₹5 L/yr - ₹13 L/yr
8%
more | 1 job opening |
Login to view exact salary
| ||
 Tata AIA Life Insurance Branch Manager Salary
3 - 20 years exp. (224 salaries) | ₹5 L/yr - ₹17.3 L/yr
43%
more | 11 job openings |
 Star Health & Allied Insurance Branch Manager Salary
5 - 15 years exp. (217 salaries) | ₹4 L/yr - ₹12 L/yr 
16%
less | |
 Kotak Mahindara Life Insurance Branch Manager Salary
3 - 16 years exp. (184 salaries) | ₹4.5 L/yr - ₹13.5 L/yr
6%
more | 43 job openings |
 Aditya Birla Health Insurance Co Branch Manager Salary
5 - 16 years exp. (181 salaries) | ₹6 L/yr - ₹12 L/yr
3%
more | |
 HDFC Ergo General Insurance Branch Manager Salary
9 - 19 years exp. (191 salaries) | ₹5.1 L/yr - ₹16 L/yr
6%
more | |
Login to view exact salary
| ||
 Axis Max Life Insurance Branch Manager Salary
5 - 18 years exp. (176 salaries) | ₹5.8 L/yr - ₹13.1 L/yr
17%
more | 2 job openings |
 SBI Life Insurance Company Branch Manager Salary
7 - 18 years exp. (158 salaries) | ₹6.5 L/yr - ₹15.7 L/yr
17%
more | |
 Aditya Birla Sun Life Insurance Branch Manager Salary
5 - 15 years exp. (151 salaries) | ₹4.5 L/yr - ₹14.6 L/yr
11%
more | |
 Reliance Nippon Life Insurance Branch Manager Salary
7 - 19 years exp. (147 salaries) | ₹3.5 L/yr - ₹11 L/yr
11%
less | |
Login to view exact salary
| ||
 Niva Bupa Health Insurance Company Branch Manager Salary
6 - 18 years exp. (139 salaries) | ₹5 L/yr - ₹13.8 L/yr
5%
more | |
 ICICI Lombard General Insurance Company Branch Manager Salary
6 - 17 years exp. (232 salaries) | ₹5 L/yr - ₹13 L/yr
4%
more | |
 Shriram Life Insurance Branch Manager Salary
5 - 14 years exp. (100 salaries) | ₹3 L/yr - ₹10.5 L/yr
21%
less | 11 job openings |
 Tata AIG Branch Manager Salary
5 - 14 years exp. (57 salaries) | ₹4.8 L/yr - ₹11.4 L/yr
1%
less | 1 job opening |
 Bajaj Allianz General Insurance Branch Manager Salary
4 - 17 years exp. (13 salaries) | ₹3.8 L/yr - ₹12.1 L/yr
19%
less | |
 The New India Assurance Co. Branch Manager Salary
5 - 10 years exp. (10 salaries) | ₹10 L/yr - ₹18.5 L/yr
73%
more | |
 United India Insurance Company Branch Manager Salary
4 - 10 years exp. (7 salaries) | ₹9 L/yr - ₹20 L/yr
78%
more | |
 The Oriental Insurance Co. Branch Manager Salary
9 - 30 years exp. (4 salaries) | ₹11.2 L/yr - ₹12.7 L/yr
46%
more | |
Bajaj Allianz Life Insurance Branch Manager
Salary and Career Growth
From
To
Branch Manager
₹
Lakhs/yr
Lakhs/yr
4 - 20 years exp.
Chief Branch Manager
₹
Lakhs/yr
Lakhs/yr
10 - 24 years exp.
Branch Manager
4 - 20
years
exp.
Senior Branch Manager
8 - 20
years
exp.
15% hike
Chief Branch Manager
10 - 24
years
exp.
37% hike
Disclaimer: Our data limits
the visualization of this career path at this point. However, other roles and
opportunities might be available within the organization beyond what is shown
here.
Latest annual salaries shared by Bajaj Allianz Life Insurance Branch Manager
1d ago
₹8.5
Lakhs
10
years
exp.
2d ago
₹8.8
Lakhs
6
years
exp.
1w ago
₹10
Lakhs
10
years
exp.
1w ago
₹9.4
Lakhs
15
years
exp.
1w ago
₹9.5
Lakhs
14
years
exp.
1w ago
15
years
exp.
2w ago
9
years
exp.
3w ago
10
years
exp.
3w ago
9
years
exp.
3w ago
10
years
exp.
Bajaj Allianz Life Insurance Branch Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
| 4 years (8 salaries) |
₹5
L/yr
- ₹10
L/yr
|
| 5 years (5 salaries) |
₹5.5
L/yr
- ₹8.5
L/yr
|
Login to view exact salary
| |
| 6 years (12 salaries) |
₹5
L/yr
- ₹11
L/yr
|
| 7 years (14 salaries) |
₹4.5
L/yr
- ₹10.2
L/yr
|
| 8 years (11 salaries) |
₹6
L/yr
- ₹10.2
L/yr
|
View all salaries by experience
Similar Designation Salaries at Bajaj Allianz Life Insurance
| Similar Designation | Avg. annual salary |
|---|---|
Area Manager Salary
(218 salaries)
| ₹5 L/yr - ₹16.5 L/yr |
Credit Manager Salary
(AmbitionBox Estimate)
| ₹2.7 L/yr - ₹3.5 L/yr |
Login to view exact salary
| |
Sales Manager Salary
(223 salaries)
| ₹1.9 L/yr - ₹7 L/yr |
Branch Incharge Salary
(3 salaries)
| ₹4 L/yr - ₹7 L/yr |
Branch Head Salary
(34 salaries)
| ₹6 L/yr - ₹13 L/yr |
View more similar designations
Top trending discussions
View All
Salary Discussions, Hike & Promotions
1w
a senior executive
GF salary Vs. My salary
Me and my gf have been dating for 5 years.
Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025.
She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025).
We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened.
If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills.
I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone.
Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities.
I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not.
I love her, but I don't know how to overcome this issue between us. Please suggest!
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Salary related reviews for Bajaj Allianz Life Insurance
Bajaj Allianz Life Insurance Branch Manager Salary FAQs
What is the salary of Branch Manager at Bajaj Allianz Life Insurance ?
The average salary of a Branch Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹4.5 Lakhs to ₹12.9 Lakhs per year, depending on experience (from 4 years to 20 years).
The top 10% of Branch Manager at Bajaj Allianz Life Insurance earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹12.4 Lakhs per year. Branch Manager Salaries at Bajaj Allianz 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 100+ Bajaj Allianz Life Insurance employees in India.
The top 10% of Branch Manager at Bajaj Allianz Life Insurance earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹12.4 Lakhs per year. Branch Manager Salaries at Bajaj Allianz 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 100+ Bajaj Allianz Life Insurance employees in India.
What is the estimated take home salary of a Branch Manager at Bajaj Allianz Life Insurance in India?
The estimated take-home salary of a Branch Manager at Bajaj Allianz Life Insurance in India typically ranges from ₹63,524 to ₹65,141 per month. This is based on the average salary range of
₹4.5 Lakhs to ₹12.9 Lakhs
per year for employees with experience ranging from 4 years to 20 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 100+ salaries received from various employees of Bajaj Allianz 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 Bajaj Allianz Life Insurance ?
To be a Branch Manager at Bajaj Allianz Life Insurance in india, the key skills required include:
These skills are highly valued at Bajaj Allianz Life Insurance and are crucial for successful performance in a Software Engineering role.
- - Life Insurance
- - Team Handling
- - Agency Sales
- - Branch Management
- - Agency Management
These skills are highly valued at Bajaj Allianz Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Bajaj Allianz Life Insurance for Branch Manager in India?
| United India Insurance Company | ₹9.0 Lakhs to ₹20.0 Lakhs per year |
| The New India Assurance Co. | ₹10.0 Lakhs to ₹18.5 Lakhs per year |
| ICICI Prudential Life Insurance | ₹6.0 Lakhs to ₹20.0 Lakhs per year |
| The Oriental Insurance Co. | ₹11.2 Lakhs to ₹12.7 Lakhs per year |
| Tata AIA Life Insurance | ₹5.0 Lakhs to ₹17.3 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Allianz Life Insurance, depending on the role and experience level.
What is the salary of a Branch Manager in companies similar to Bajaj Allianz Life Insurance in India?
The salary of a Branch Manager at companies similar to Bajaj Allianz Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Axis Max Life Insurance | ₹5.8 Lakhs to ₹13.1 Lakhs per year |
| SBI Life Insurance Company | ₹6.5 Lakhs to ₹15.7 Lakhs per year |
| Aditya Birla Sun Life Insurance | ₹4.5 Lakhs to ₹14.6 Lakhs per year |
| HDFC Life | ₹5.0 Lakhs to ₹13.0 Lakhs per year |
| HDFC Ergo General Insurance | ₹5.1 Lakhs to ₹16.0 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 Bajaj Allianz Life Insurance in India?
The salary growth for a Branch Manager at Bajaj Allianz Life Insurance depends on factors such as experience, performance, and promotions. On average, a Branch Manager can expect the following growth trajectory at Bajaj Allianz Life Insurance:
and so on.
| Experience | Average Salary Range |
|---|---|
| 4 years | ₹5.0 Lakhs to ₹10.0 Lakhs per year |
| 5 years | ₹5.5 Lakhs to ₹8.5 Lakhs per year |
| 6 years | ₹5.0 Lakhs to ₹11.0 Lakhs per year |
| 7 years | ₹4.5 Lakhs to ₹10.2 Lakhs per year |
Top skills at Bajaj Allianz Life Insurance for Branch Manager
Sales
Problem Solving
Leadership
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Bajaj Allianz Life Insurance Branch Manager Salaries by Location
- Bajaj Allianz Life Insurance Branch Manager salaries in Mumbai
- Bajaj Allianz Life Insurance Branch Manager salaries in New Delhi
- Bajaj Allianz Life Insurance Branch Manager salaries in Chennai
- Bajaj Allianz Life Insurance Branch Manager salaries in Lucknow
- Bajaj Allianz Life Insurance Branch Manager salaries in Dhanbad
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Bajaj Allianz Life Insurance Branch Manager salary
in
India
ranges between ₹4.5
Lakhs to ₹12.9
Lakhs with an average annual salary of
₹. Salary estimates are based on
174
Bajaj Allianz Life Insurance latest salaries received from various employees of
Bajaj Allianz Life Insurance.