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SBI General Insurance Bancassurance Manager salaries in India

Annual salary range
6 - 11 years exp.
₹4.1 Lakhs - ₹7.3 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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18% less than the average Bancassurance Manager Salary in Insurance Companies for 6 - 11 years of experience

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Last Updated: 28 Dec 2024

Companies similar to SBI General Insurance for Bancassurance Manager

Company name Avg Annual Salary Open Jobs
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₹4.2 L/yr - ₹6.3 L/yr

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₹6 L/yr - ₹9.5 L/yr

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₹3.2 L/yr - ₹5.3 L/yr

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₹3 L/yr - ₹8.4 L/yr

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₹3 L/yr - ₹7.8 L/yr

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HDFC Life Bancassurance Manager Salary

0 - 12 years exp. (1.2k salaries)

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₹3 L/yr - ₹7 L/yr

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3 job openings
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₹2.5 L/yr - ₹7.3 L/yr

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₹2.7 L/yr - ₹5.5 L/yr

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₹2.7 L/yr - ₹7 L/yr

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₹3.8 L/yr - ₹5.5 L/yr

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PNB MetLife Bancassurance Manager Salary

1 - 7 years exp. (15 salaries)

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₹2.3 L/yr - ₹5 L/yr

arrow icon 15% less
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₹2.7 L/yr - ₹3.8 L/yr

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₹3 L/yr - ₹5.5 L/yr

arrow icon 6% more
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₹3.5 L/yr - ₹3.9 L/yr

arrow icon 15% less
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₹2.5 L/yr - ₹5 L/yr

arrow icon 3% less
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₹3.3 L/yr - ₹4.5 L/yr

arrow icon 9% less
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₹2.2 L/yr - ₹3.5 L/yr

arrow icon 33% less
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₹4 L/yr - ₹4.5 L/yr

arrow icon 2% less
Bancassurance Manager salary at SBI General Insurance ranges between ₹4.1 Lakhs to ₹7.3 Lakhs per year for employees with experience between 6 years to 11 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 Bancassurance Manager

1w ago
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11 years exp.
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9 years exp.
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8 years exp.
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6 years exp.

Experience wise SBI General Insurance Bancassurance Manager salaries

Last Updated: 28 Dec 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹7.3 L/yr
7 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
8 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹6.2 L/yr
9 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
View all

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Area Manager Salary
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₹8.98 L/yr - ₹15.2 L/yr
Deputy Sales Manager Salary
(AmbitionBox Estimate)
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₹9.5 L/yr - ₹12.2 L/yr
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₹1.75 L/yr - ₹6.6 L/yr
Deputy Manager Salary
(178 salaries)
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₹4 L/yr - ₹9.1 L/yr
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₹4.5 L/yr - ₹7.85 L/yr
Corporate Agency Manager Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹3.25 L/yr - ₹7 L/yr
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₹1.6 L/yr - ₹5 L/yr

Salary related reviews for SBI General Insurance

2.5

Rated by 5 employees for salary & benefits

Sales & Distribution Department

4.0
  •  posted on 26 Jun 2022

2.0
 for  Salary and Benefits

Likes

Company structure is Good.They give good salary hike and bonus every year.Team mates are supportive.

read more
  • Skill development - Good
  • +1 more

Dislikes

Some of management's people are not address our issues properly and so many of politics are there.New comer are not trained properly before work etc.

read more
  • Salary - Poor
  • +2 more

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
see more salary related reviews

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SBI General Insurance Bancassurance Manager Salary FAQs

What is the salary of Bancassurance Manager at SBI General Insurance?
Bancassurance Manager salary at SBI General Insurance in India ranges between ₹4.1 Lakhs to ₹7.3 Lakhs for experience between 6 years to 11 years. According to our estimates it is 18% less than the average Bancassurance Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI General Insurance India.
How does the salary of a Bancassurance Manager at SBI General Insurance India compare with the average salary range for this job?
The average salary of a Bancassurance Manager at SBI General Insurance is 18% less than the average salary of a Bancassurance Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI General Insurance to a Bancassurance Manager in India?
  • HDFC Ergo General Insurance Bancassurance Manager Salary - ₹6.0 Lakhs to ₹9.5 Lakhs per year
  • Future Generali India Life Insurance Bancassurance Manager Salary - ₹3.0 Lakhs to ₹7.8 Lakhs per year
  • HDFC Life Bancassurance Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
  • Tata AIA Life Insurance Bancassurance Manager Salary - ₹2.5 Lakhs to ₹7.3 Lakhs per year
  • Reliance General Insurance Bancassurance Manager Salary - ₹3.0 Lakhs to ₹8.4 Lakhs per year
What is the salary of a Bancassurance Manager in companies similar to SBI General Insurance in India?
  • ICICI Lombard General Insurance Company Bancassurance Manager Salary - ₹4.2 Lakhs to ₹6.3 Lakhs per year
  • SBI Life Insurance Company Bancassurance Manager Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year
  • Star Union Dai-ichi Life Insurance Bancassurance Manager Salary - ₹4.0 Lakhs to ₹4.5 Lakhs per year
  • Axis Max Life Insurance Bancassurance Manager Salary - ₹2.7 Lakhs to ₹7.0 Lakhs per year
  • Aditya Birla Sun Life Insurance Bancassurance Manager Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
What is the estimated take home salary of a Bancassurance Manager at SBI General Insurance in India?
The estimated take-home salary of a Bancassurance Manager at SBI General Insurance ranges between ₹33,091 per month to ₹34,359 per month in India. The take-home salary calculation is based on the average SBI General Insurance Bancassurance Manager salary in India which ranges between ₹4.1 Lakhs to ₹7.3 Lakhs per year for employees with experience between 6 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Bancassurance Manager at SBI General Insurance?
According to AmbitionBox, 38% of the SBI General Insurance Bancassurance Managers reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI General Insurance Bancassurance Manager salary in India ranges between ₹4.1 Lakhs to ₹7.3 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.