SBI General Insurance Banker Salaries by 3 Employees

1 - 2 years exp.

₹1 Lakh - ₹5 Lakhs

Low Confidence

Salary of majority employees

25% less than the average Banker Salary in Insurance Companies for 1 - 2 years of experience

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Last Updated: 1 Dec 2024

Companies similar to SBI General Insurance for Banker

Company name	Avg Annual Salary	Open Jobs
HDFC Life Banker Salary 2 - 5 years exp. (6 salaries)	₹3 L/yr - ₹4 L/yr 3% more
ICICI Prudential Life Insurance Banker Salary 1 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4.8 L/yr At par
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Bajaj Allianz Life Insurance Banker Salary 3 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4.1 L/yr 5% less
Kotak Mahindara Life Insurance Banker Salary 3 - 14 years exp. (4 salaries)	₹3.1 L/yr - ₹5 L/yr 13% more
PNB MetLife Banker Salary 3 - 7 years exp. (3 salaries)	₹3 L/yr - ₹3.3 L/yr 8% less

Banker salary at SBI General Insurance ranges between ₹1 Lakh to ₹5 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 3 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Banker salaries

Last Updated: 1 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

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Salary related reviews for SBI General Insurance

Customer Service Associate in Thane

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 10 May 2023

1.0

for Salary and Benefits

Likes

Work as a team.supoort each other

Skill development - Good

+1 more

Dislikes

1 pay roll is less. Ihave worked with salary of 13000 and comp taken mba person same job 25000salart new comers also getting 20000 salary 2)increment is not done by calibar it is gone by licking a$$ of manager got 2rating.....other also who work hard got1/2. But buttering emp got 4star rating 3)company official are more interested in home life then work life. 4)company dont give opportunity for movement in other sector...tl also guide as a headache. Job if new post are available. 5)working feels good out of office within office it a jail like scenario where lunch break/tea all are fixed...we have to move with team if we are starting not... 6)manager and hr are not helping for any scenario. .

Salary - Bad

+4 more

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

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SBI General Insurance Banker Salary FAQs

How the salary growth look like for a Banker at SBI General Insurance in India?

The salary growth for a Banker at SBI General Insurance depends on factors such as experience, performance, and promotions. On average, a Banker can expect the following growth trajectory at SBI General Insurance:

Experience	Average Salary Range
1 year	₹4.1 Lakhs to ₹5.2 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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SBI General Insurance Banker Salaries

SBI General Insurance Banker salary in India ranges between ₹1 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SBI General Insurance latest salaries received from various employees of SBI General Insurance.