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SBI General Insurance Area Channel Manager salaries in India

Annual salary range
12 - 16 years exp.
₹13 Lakhs - ₹20 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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85% more than the average Area Channel Manager Salary in Insurance Companies for 12 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Channel Manager Salary
12 - 14 years exp. (AmbitionBox Estimate)
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₹13 L/yr - ₹18.8 L/yr

Sales & Business Development
Area Channel Manager Salary
15 - 16 years exp. (AmbitionBox Estimate)
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₹15.5 L/yr - ₹20 L/yr

Last Updated: 13 Mar 2023

Companies similar to SBI General Insurance for Area Channel Manager

Company name Avg Annual Salary Open Jobs
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DTDC Express Area Channel Manager Salary

3 - 11 years exp. (9 salaries)

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₹3.7 L/yr - ₹7.8 L/yr

arrow icon 69% less
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Gajam Area Channel Manager Salary

10 - 14 years exp. (9 salaries)

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₹6.5 L/yr - ₹10 L/yr

arrow icon 50% less
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Oyo Rooms Area Channel Manager Salary

4 - 8 years exp. (5 salaries)

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₹5.1 L/yr - ₹6.2 L/yr

arrow icon 67% less
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Dharma Life Area Channel Manager Salary

15 - 17 years exp. (5 salaries)

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₹7.7 L/yr - ₹10 L/yr

arrow icon 46% less
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₹13.3 L/yr - ₹18 L/yr

arrow icon 7% less
Area Channel Manager salary at SBI General Insurance ranges between ₹13 Lakhs to ₹20 Lakhs per year for employees with experience between 12 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of SBI General Insurance.

Latest annual salaries shared by SBI General Insurance Area Channel Manager

1y ago
₹20 Lakhs
15 years exp.
1y ago
₹15.5 Lakhs
16 years exp.
1y ago
₹13 Lakhs
12 years exp.
1y ago
₹18.8 Lakhs
14 years exp.

Experience wise SBI General Insurance Area Channel Manager salaries

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹13 L/yr - ₹26.5 L/yr
13 years (AmbitionBox Estimate)

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₹14.1 L/yr - ₹18 L/yr
14 years (AmbitionBox Estimate)

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₹6.6 L/yr - ₹18.8 L/yr
15+ years (AmbitionBox Estimate)

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₹15.5 L/yr - ₹20 L/yr

Similar Designation salaries in SBI General Insurance

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₹7.5 L/yr - ₹22 L/yr
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₹8.3 L/yr - ₹15 L/yr
Area Manager Salary
(6 salaries)
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₹8.98 L/yr - ₹15.2 L/yr
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₹14.2 L/yr - ₹25 L/yr
Branch Manager Salary
(7 salaries)
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₹6.5 L/yr - ₹10.5 L/yr
Cluster Manager Salary
(37 salaries)
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₹7 L/yr - ₹15.25 L/yr
Sales Manager Salary
(19 salaries)
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₹2 L/yr - ₹6.22 L/yr
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₹4.4 L/yr - ₹6.15 L/yr
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₹1.75 L/yr - ₹6.6 L/yr
Deputy Manager Salary
(157 salaries)
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₹4 L/yr - ₹9.7 L/yr

Salary related reviews for SBI General Insurance

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.

read more
  • 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 .

read more
  • Salary - Poor
  • +4 more

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.

read more
  • 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.

read more
  • Skill development - Bad
  • +2 more

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.

read more
  • Salary - Excellent
  • +6 more

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

read more
  • Salary - Good
  • +6 more

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 .

read more
  • 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

read more
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SBI General Insurance Area Channel Manager Salary FAQs

What is the salary of Area Channel Manager at SBI General Insurance ?
The average salary of a Area Channel Manager at SBI General Insurance in India typically ranges from ₹13.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 12 years to 16 years).

The top 10% of Area Channel Manager at SBI General Insurance earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Area Channel Manager Salaries at SBI General 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 4 SBI General Insurance employees in India.
What is the estimated take home salary of a Area Channel Manager at SBI General Insurance in India?
The estimated take-home salary of a Area Channel Manager at SBI General Insurance in India typically ranges from ₹1,12,772 to ₹1,15,906 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 12 years to 16 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 4 salaries received from various employees of SBI General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Area Channel Manager in companies similar to SBI General Insurance in India?
The salary of a Area Channel Manager at companies similar to SBI General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hindustan Coca Cola Beverages ₹13.3 Lakhs to ₹18.0 Lakhs per year
Dharma Life ₹7.7 Lakhs to ₹10.0 Lakhs per year
Gajam ₹6.5 Lakhs to ₹10.0 Lakhs per year
Oyo Rooms ₹5.1 Lakhs to ₹6.2 Lakhs per year
DTDC Express ₹3.7 Lakhs to ₹7.8 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 Area Channel Manager at SBI General Insurance in India?
The salary growth for a Area Channel Manager at SBI General Insurance depends on factors such as experience, performance, and promotions. On average, a Area Channel Manager can expect the following growth trajectory at SBI General Insurance:

Experience Average Salary Range
12 years ₹13.0 Lakhs to ₹26.5 Lakhs per year
13 years ₹14.1 Lakhs to ₹18.0 Lakhs per year
14 years ₹6.6 Lakhs to ₹18.8 Lakhs per year
15 years ₹15.5 Lakhs to ₹20.0 Lakhs per year
and so on.

Tell us how to improve this page.

SBI General Insurance Area Channel Manager salary in India ranges between ₹13 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SBI General Insurance latest salaries received from various employees of SBI General Insurance.