SBI General Insurance Agency Manager Salaries by 5 Employees (Updated 2025)

2 - 8 years exp.

₹2.4 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

6% more than the average Agency Manager Salary in Insurance Companies for 2 - 8 years of experience

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Last Updated: 31 Dec 2023

Companies similar to SBI General Insurance for Agency Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Agency Manager Salary 0 - 8 years exp. (13 salaries)	₹2.4 L/yr - ₹6 L/yr 6% more
HDFC Ergo General Insurance Agency Manager Salary 0 - 11 years exp. (192 salaries)	₹2.4 L/yr - ₹5.5 L/yr 1% less
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Bajaj Allianz General Insurance Agency Manager Salary 3 - 13 years exp. (17 salaries)	₹3.5 L/yr - ₹6.5 L/yr 22% more
Reliance General Insurance Agency Manager Salary 2 - 15 years exp. (18 salaries)	₹2.8 L/yr - ₹7.7 L/yr 12% more
Tata AIG Agency Manager Salary 0 - 5 years exp. (13 salaries)	₹2.5 L/yr - ₹5.3 L/yr 11% more
The Oriental Insurance Co. Agency Manager Salary 4 - 10 years exp. (4 salaries)	₹1.9 L/yr - ₹7.1 L/yr 79% more
Future Generali India Life Insurance Agency Manager Salary 2 - 7 years exp. (7 salaries)	₹2.6 L/yr - ₹4.8 L/yr 16% more
Aditya Birla Health Insurance Co Agency Manager Salary 0 - 8 years exp. (329 salaries)	₹2.3 L/yr - ₹4 L/yr 16% less
SBI Life Insurance Company Agency Manager Salary 1 - 13 years exp. (218 salaries)	₹2.8 L/yr - ₹5 L/yr 2% more
Aditya Birla Sun Life Insurance Agency Manager Salary 0 - 8 years exp. (201 salaries)	₹1.8 L/yr - ₹3.5 L/yr 33% less
Axis Max Life Insurance Agency Manager Salary 2 - 11 years exp. (153 salaries)	₹2.2 L/yr - ₹6.5 L/yr 12% more	1 job opening
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ICICI Prudential Life Insurance Agency Manager Salary 0 - 8 years exp. (157 salaries)	₹2.2 L/yr - ₹5.3 L/yr 4% more
HDFC Life Agency Manager Salary 0 - 7 years exp. (82 salaries)	₹1.8 L/yr - ₹7 L/yr 1% more	1 job opening
Cholamandalam MS General Insurance Agency Manager Salary 0 - 5 years exp. (59 salaries)	₹2.5 L/yr - ₹4.6 L/yr 5% less
Reliance Nippon Life Insurance Agency Manager Salary 0 - 7 years exp. (36 salaries)	₹1.8 L/yr - ₹3.8 L/yr 20% less
Star Health & Allied Insurance Agency Manager Salary 0 - 10 years exp. (36 salaries)	₹2.4 L/yr - ₹4.8 L/yr 10% less
Kotak Mahindara Life Insurance Agency Manager Salary 0 - 15 years exp. (26 salaries)	₹2 L/yr - ₹7.6 L/yr 19% less
Bajaj Allianz Life Insurance Agency Manager Salary 0 - 11 years exp. (8 salaries)	₹2.5 L/yr - ₹7 L/yr 3% more
Tata AIA Life Insurance Agency Manager Salary 4 - 11 years exp. (7 salaries)	₹4.5 L/yr - ₹6 L/yr 32% more
Shriram Life Insurance Agency Manager Salary 7 - 13 years exp. (5 salaries)	₹2.4 L/yr - ₹5 L/yr At par

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Agency Manager salary at SBI General Insurance ranges between ₹2.4 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Agency Manager salaries

Last Updated: 31 Dec 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.4 L/yr
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹6.9 L/yr
8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹6.9 L/yr

View all

Similar Designation salaries in SBI General Insurance

Branch Manager Salary

(7 salaries)

₹6.5 L/yr - ₹10.5 L/yr

Area Manager Salary

(6 salaries)

₹8.98 L/yr - ₹15.2 L/yr

Deputy Manager Salary

(180 salaries)

₹4 L/yr - ₹9.1 L/yr

Regional Manager Salary

(5 salaries)

₹14.2 L/yr - ₹25 L/yr

Sales Manager Salary

(13 salaries)

₹3.28 L/yr - ₹6.22 L/yr

Business Manager Salary

(5 salaries)

₹4 L/yr - ₹15.1 L/yr

Area Sales Manager Salary

(90 salaries)

₹7.5 L/yr - ₹22 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹9.7 L/yr - ₹12.4 L/yr

Territory Manager Salary

(4 salaries)

₹5.2 L/yr - ₹9.3 L/yr

Area Business Manager Salary

(4 salaries)

₹8.3 L/yr - ₹15 L/yr

Salary related reviews for SBI General Insurance

Business Development Manager in Gorakhpur

Full Time

Business Development Department

2.0

• posted on 17 Sep 2022

2.0

for Salary and Benefits

Likes

Like you can say... Working with branch managers , can see yourself always professional . People will treat you like banker.

Job security - Good

Dislikes

No growth and promotion No good salary Not ethical practices followed. Your boss treat you like slave... Officially as per HR policy every Saturday is off... But you have to work on each Saturday as per your boss. Nothing to learn .

Salary - Poor

+4 more

Business Development Manager in Gorakhpur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Apr 2023

3.0

for Salary and Benefits

Likes

Salary on time. Banca channel target goes on auto mode if you have good relationship with managers.

Job security - Good

+1 more

Dislikes

Overloaded targets, terrible managers. Considering Insurance sectors, plenty of works in your working time.Unwanted VCs by senior that can disturb your work flow each day. Salary is very less compared to other companies.

Skill development - Bad

+2 more

Sales Manager in Gwalior

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 05 Jul 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

Business Development Manager in Vijayawada

Full Time

Insurance Department

5.0

• posted on 07 Jun 2021

4.0

for Salary and Benefits

Likes

...agement 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 , incentives and bonus every year

Salary - Good

+6 more

Relationship Manager in Gulbarga

Customer Success, Service & Operations Department

5.0

• posted on 16 Mar 2022

4.0

for Salary and Benefits

Likes

It my pleasure to work with Reputed company like SBIG, As we grow old here we learn soo many things about banking as,it's very friendly atmosphere to work there .

Salary - Good

+5 more

Dislikes

Here we see lot of ups and downs and unhappy with Salary hike ,and Soo much off technical issues ....and when things start going gud tat time only company doo one or other changes..... that will impact soo much

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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SBI General Insurance Agency Manager Salary FAQs

What is the salary of Agency Manager at SBI General Insurance?

Agency Manager salary at SBI General Insurance in India ranges between ₹2.4 Lakhs to ₹4.5 Lakhs for experience between 2 years to 8 years. According to our estimates it is 6% more than the average Agency Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of SBI General Insurance India.

How does the salary of a Agency Manager at SBI General Insurance India compare with the average salary range for this job?

The average salary of a Agency Manager at SBI General Insurance is 6% more than the average salary of a Agency Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI General Insurance to a Agency Manager in India?

The Oriental Insurance Co. Agency Manager Salary - ₹1.9 Lakhs to ₹7.1 Lakhs per year
PNB MetLife Agency Manager Salary - ₹2.8 Lakhs to ₹7.0 Lakhs per year
Tata AIA Life Insurance Agency Manager Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
Royal Sundaram General Insurance Agency Manager Salary - ₹3.0 Lakhs to ₹5.9 Lakhs per year
Bajaj Allianz General Insurance Agency Manager Salary - ₹3.5 Lakhs to ₹6.5 Lakhs per year

What is the salary of a Agency Manager in companies similar to SBI General Insurance in India?

Future Generali India Life Insurance Agency Manager Salary - ₹2.6 Lakhs to ₹4.8 Lakhs per year
Reliance General Insurance Agency Manager Salary - ₹2.8 Lakhs to ₹7.7 Lakhs per year
Axis Max Life Insurance Agency Manager Salary - ₹2.2 Lakhs to ₹6.5 Lakhs per year
Tata AIG Agency Manager Salary - ₹2.5 Lakhs to ₹5.3 Lakhs per year
ICICI Lombard General Insurance Company Agency Manager Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Agency Manager at SBI General Insurance in India?

The estimated take-home salary of a Agency Manager at SBI General Insurance ranges between ₹28,026 per month to ₹29,420 per month in India. The take-home salary calculation is based on the average SBI General Insurance Agency Manager salary in India which ranges between ₹2.4 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Agency Manager at SBI General Insurance?

According to AmbitionBox, 50% of the SBI General Insurance Agency Managers reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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SBI General Insurance Agency Manager Salaries

SBI General Insurance Agency Manager salary in India ranges between ₹2.4 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SBI General Insurance latest salaries received from various employees of SBI General Insurance.