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3.7

based on 1.5k Reviews

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SBI General Insurance Bancassurance Business Development Manager salaries in India

Annual salary range
0 - 5 years exp.
₹2.7 Lakhs - ₹4 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.
Salary of majority employees
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19% less than the average Bancassurance Business Development Manager Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

Sales & Business Development
Bancassurance Business Development Manager Salary
0 - 5 years exp. (4 salaries)
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₹2.7 L/yr - ₹3.3 L/yr

Customer Success, Service & Operations
Bancassurance Business Development Manager Salary
3 - 5 years exp. (3 salaries)
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₹3.3 L/yr - ₹4 L/yr

BFSI, Investments & Trading
Bancassurance Business Development Manager Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹3.5 L/yr

Last Updated: 10 Jun 2024

Companies similar to SBI General Insurance for Bancassurance Business Development Manager

Company name Avg Annual Salary Open Jobs
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SBI Life Insurance Company Bancassurance Business Development Manager Salary

2 - 8 years exp. (7 salaries)
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₹2.8 L/yr - ₹5.5 L/yr

arrow icon 40% more
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HDFC Life Bancassurance Business Development Manager Salary

1 - 5 years exp. (7 salaries)
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₹3 L/yr - ₹3.8 L/yr

arrow icon 4% more
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Max Life Insurance Bancassurance Business Development Manager Salary

8 - 15 years exp. (4 salaries)
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₹4.2 L/yr - ₹5.8 L/yr

arrow icon 53% more
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Bajaj Allianz Life Insurance Bancassurance Business Development Manager Salary

0 - 4 years exp. (4 salaries)
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₹3 L/yr - ₹5 L/yr

arrow icon 17% more
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Kotak Mahindara Life Insurance Bancassurance Business Development Manager Salary

7 - 17 years exp. (4 salaries)
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₹6.8 L/yr - ₹12 L/yr

arrow icon 176% more
Bancassurance Business Development Manager salary at SBI General Insurance ranges between ₹2.7 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 9 latest salaries received from various employees of SBI General Insurance.

Latest annual salaries shared by SBI General Insurance Bancassurance Business Development Manager

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Experience wise SBI General Insurance Bancassurance Business Development Manager salaries

Last Updated: 10 Jun 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.3 L/yr - ₹5.9 L/yr
1 year (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
2 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹4 L/yr
4 years  (3 salaries)

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₹2.7 L/yr - ₹3.5 L/yr
View all

Similar Designation salaries in SBI General Insurance

Senior Business Development Manager Salary
(268 salaries)
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₹3.4 L/yr - ₹7.8 L/yr
Business Development Manager Salary
(570 salaries)
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₹1.6 L/yr - ₹5.3 L/yr
Senior Business Development Executive Salary
(4 salaries)
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₹3.75 L/yr - ₹6 L/yr
Business Development Associate Salary
(37 salaries)
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₹1.95 L/yr - ₹3.5 L/yr
Business Development Executive Salary
(33 salaries)
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₹2 L/yr - ₹3.75 L/yr
Area Business Manager Salary
(4 salaries)
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₹8.3 L/yr - ₹15 L/yr
Business Manager Salary
(5 salaries)
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₹4 L/yr - ₹15.1 L/yr
Assistant Sales Manager Salary
(4 salaries)
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₹5.56 L/yr - ₹7.85 L/yr
Zonal Sales Manager Salary
(4 salaries)
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₹23 L/yr - ₹33 L/yr
Territory Sales Manager Salary
(51 salaries)
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₹3.95 L/yr - ₹10.8 L/yr

Salary related reviews for SBI General Insurance

3.1

Rated by 4 employees for salary & benefits

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.

read more

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

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.

read 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

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.

read 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

read 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 .

read 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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a technical project manager
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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?
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SBI General Insurance Bancassurance Business Development Manager Salary FAQs

What is the salary of Bancassurance Business Development Manager at SBI General Insurance?
Bancassurance Business Development Manager salary at SBI General Insurance in India ranges between ₹2.7 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 19% less than the average Bancassurance Business Development Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of SBI General Insurance India.
How does the salary of a Bancassurance Business Development Manager at SBI General Insurance India compare with the average salary range for this job?
The average salary of a Bancassurance Business Development Manager at SBI General Insurance is 19% less than the average salary of a Bancassurance Business Development Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI General Insurance to a Bancassurance Business Development Manager in India?
  • Kotak Mahindara Life Insurance Bancassurance Business Development Manager Salary - ₹6.8 Lakhs to ₹12.0 Lakhs per year
  • Max Life Insurance Bancassurance Business Development Manager Salary - ₹4.2 Lakhs to ₹5.8 Lakhs per year
  • SBI Life Insurance Company Bancassurance Business Development Manager Salary - ₹2.8 Lakhs to ₹5.5 Lakhs per year
  • Bajaj Allianz Life Insurance Bancassurance Business Development Manager Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
  • HDFC Life Bancassurance Business Development Manager Salary - ₹3.0 Lakhs to ₹3.8 Lakhs per year
What is the estimated take home salary of a Bancassurance Business Development Manager at SBI General Insurance in India?
The estimated take-home salary of a Bancassurance Business Development Manager at SBI General Insurance ranges between ₹23,905 per month to ₹25,360 per month in India. The take-home salary calculation is based on the average SBI General Insurance Bancassurance Business Development Manager salary in India which ranges between ₹2.7 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?
What is the notice period for Bancassurance Business Development Manager at SBI General Insurance?
According to AmbitionBox, 29% of the SBI General Insurance Bancassurance Business Development Managers reported a notice period of 1 Month, 30% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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SBI General Insurance Bancassurance Business Development Manager Salaries by Location

SBI General Insurance Bancassurance Business Development Manager salary in India ranges between ₹2.7 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 SBI General Insurance latest salaries received from various employees of SBI General Insurance.