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Sbdm

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Sbdm Salary in Insurance in India

based on 45 latest salaries • updated: 18 Feb 2025
Select an experience to get the exact salary

Annual salary range

₹3.3 Lakhs - ₹6.8 Lakhs

High Confidence
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High Confidence means the data is based on a large number of latest salaries.
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Experience wise Sbdm salaries

Years of experience Avg. Annual Salary
2 years
(2 salaries)
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₹4 L/yr - ₹10 L/yr

3 years
(4 salaries)
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₹3 L/yr - ₹4.2 L/yr

4 years
(2 salaries)
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₹3.3 L/yr - ₹4 L/yr

5 years
(5 salaries)
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₹3.5 L/yr - ₹4.6 L/yr

6 years
(4 salaries)
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₹3.5 L/yr - ₹5.5 L/yr

View all salaries by experience
Sbdm Salary in India ranges between ₹3.3 Lakhs to ₹6.8 Lakhs for 2 years of experience to 16 years of experience . Salary estimates are based on 45 latest salaries received from Sbdm.
See latest salaries

Sbdm salaries in different departments

Department Avg Annual Salary
BFSI, Investments & Trading
Sbdm Salary
3 - 14 years exp. (16 salaries)
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₹3.3 L/yr - ₹6.8 L/yr

Sales & Business Development
Sbdm Salary
7 - 16 years exp. (9 salaries)
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₹4.3 L/yr - ₹6.2 L/yr

Latest annual salaries shared by Sbdms

2w ago

SBI Life Insurance Company

Sbdm

6 years exp.

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1mo ago

SBI General Insurance

Sbdm

15 years exp.

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1mo ago

SBI General Insurance

Sbdm

8 years exp.

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1mo ago

PolicyBazaar

Sbdm

6 years exp.

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2mo ago

Bajaj Allianz General Insurance

Sbdm

2 years exp.

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2mo ago

Bajaj Allianz Life Insurance

Sbdm

15 years exp.

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3mo ago

SBI General Insurance

Sbdm

7 years exp.

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3mo ago

IndiaFirst Life Insurance

Sbdm

12 years exp.

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4mo ago

Bajaj Allianz Life Insurance

Sbdm

7 years exp.

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4mo ago

SBI Life Insurance Company

Sbdm

5 years exp.

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View all latest salaries

Sbdm Salary By Locations

Locations Avg Annual Salary
New Delhi
Sbdm
5 - 16 years exp.
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₹3.3 L/yr - ₹5.3 L/yr

Mumbai
Sbdm
2 - 16 years exp.
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₹5 L/yr - ₹10 L/yr

Vadodara
Sbdm
5 - 12 years exp.
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₹4.4 L/yr - ₹6.2 L/yr

Bangalore / Bengaluru
Sbdm
4 - 11 years exp.
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₹4.9 L/yr - ₹50 L/yr

Kolkata
Sbdm
10 - 16 years exp.
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₹4.5 L/yr - ₹5 L/yr

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Sbdm Salary In Other Industries

Industries Avg Annual Salary
Financial Services
Sbdm
2 - 16 years exp.
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₹3.5 L/yr - ₹6.5 L/yr

Internet
Sbdm
2 - 14 years exp.
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₹4.5 L/yr - ₹22 L/yr

Banking
Sbdm
2 - 11 years exp.
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₹3.6 L/yr - ₹5 L/yr

Education & Training
Sbdm
4 - 17 years exp.
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₹5.5 L/yr - ₹25 L/yr

IT Services & Consulting
Sbdm
4 - 11 years exp.
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₹5 L/yr - ₹50 L/yr

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Frequently Asked Questions about Sbdm Salaries

What is the salary of a Sbdm in India?
Salary for a Sbdm in India ranges between ₹3.3 Lakhs to ₹6.8 Lakhs per year. Salary estimates are based on 45 latest salaries received from various Sbdms across industries.
What is the starting salary for a Sbdm in India?
Average starting Salary for Sbdm in India is around ₹3.3 Lakhs per year (₹27.5k per month). 2 years of minimum experience is required to be a Sbdm.
What are the top paying industries for Sbdm in India?
What are the top paying cities for Sbdm in India?
  • Mumbai - ₹5.0 Lakhs to 10.0 Lakhs per year
  • Indore - ₹4.5 Lakhs to 6.5 Lakhs per year
  • Vadodara - ₹4.4 Lakhs to 6.2 Lakhs per year
  • Bhopal - ₹4.2 Lakhs to 5.5 Lakhs per year
  • Hardoi - ₹3.0 Lakhs to 3.5 Lakhs per year

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