SBI General Insurance Banking Officer Salaries by 4 Employees (Updated 2025)

1 - 2 years exp.

₹1.4 Lakh - ₹3.1 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Banking Officer Salary in Insurance Companies for 1 - 2 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Banking Officer Salary 1 year exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.4 L/yr
Login to view exact salary
Customer Success, Service & Operations Banking Officer Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 29 Aug 2024

Companies similar to SBI General Insurance for Banking Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Banking Officer Salary 0 - 8 years exp. (6 salaries)	₹1.9 L/yr - ₹4.5 L/yr 17% more
HDFC Ergo General Insurance Banking Officer Salary 1 - 3 years exp. (3 salaries)	₹2.4 L/yr - ₹3.3 L/yr 14% more
Login to view exact salary
SBI Life Insurance Company Banking Officer Salary 0 - 6 years exp. (11 salaries)	₹0.8 L/yr - ₹6.8 L/yr 25% more
ICICI Prudential Life Insurance Banking Officer Salary 1 - 6 years exp. (9 salaries)	₹2.7 L/yr - ₹3.5 L/yr 25% more
Tata AIA Life Insurance Banking Officer Salary 0 - 7 years exp. (5 salaries)	₹2.6 L/yr - ₹4.5 L/yr 23% more
Bajaj Allianz Life Insurance Banking Officer Salary 1 - 3 years exp. (5 salaries)	₹2.3 L/yr - ₹3.3 L/yr 17% more
Reliance Nippon Life Insurance Banking Officer Salary 3 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹2.6 L/yr 5% less
Max Life Insurance Banking Officer Salary 1 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3.3 L/yr 25% more
Kotak Mahindara Life Insurance Banking Officer Salary 0 - 1 year exp. (4 salaries)	₹0.4 L/yr - ₹8 L/yr 34% more
Cholamandalam MS General Insurance Banking Officer Salary 2 - 12 years exp. (3 salaries)	₹4.5 L/yr - ₹10 L/yr 153% more
HDFC Life Banking Officer Salary 1 - 3 years exp. (3 salaries)	₹2.6 L/yr - ₹4 L/yr 5% more
Login to view exact salary

Banking Officer salary at SBI General Insurance ranges between ₹1.4 Lakh to ₹3.1 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Banking Officer salaries

Last Updated: 29 Aug 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.4 L/yr - ₹3.1 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.5 L/yr

Similar Designation salaries in SBI General Insurance

Management Trainee Salary

(27 salaries)

₹4 L/yr - ₹12 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(175 salaries)

₹4 L/yr - ₹9.1 L/yr

Senior Associate Salary

(5 salaries)

₹2.7 L/yr - ₹7.5 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹17.1 L/yr - ₹21.8 L/yr

Finance Executive Salary

(5 salaries)

₹2.93 L/yr - ₹6 L/yr

Accountant Salary

(3 salaries)

₹3.2 L/yr - ₹3.84 L/yr

Analyst Salary

(4 salaries)

₹1.85 L/yr - ₹9.92 L/yr

Team Lead Salary

(19 salaries)

₹2.8 L/yr - ₹5.45 L/yr

Account Assistant Salary

(4 salaries)

₹3.6 L/yr - ₹6 L/yr

Salary related reviews for SBI General Insurance

3.2

Rated by 3 employees for salary & benefits

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

Relationship Manager in Goa

Agency Sales Department

3.0

• posted on 29 Dec 2020

1.0

for Salary and Benefits

Likes

Office team was good. There was work flexibility. Monthly salary used to get on time. Company never deducted Salary during COVID pandemic period.

Dislikes

Joined this company more then year and half back. Initially everything was fine but suddenly company became over aggressive and messed up the things. The back office process in this company is extremely slow and poor. Even the reporting head was so slow that, literally to issue one policy they used to take two days. Poor support from reporting head. He was not even bothered to check my Whats app messages related to work in case of urgency. He did not even showed courtesy to start the process of company travel claim related to my Induction training due to which I lost my 7000 INR.

Salary - Bad

+2 more

Relationship Manager in Lucknow

Sales & Business Development Department

5.0

• posted on 18 Dec 2020

5.0

for Salary and Benefits

Likes

During covid-19 period SBI General Support us like our family.Good work environment,culture and here Seniors are very supportive in this pandemic. Great work experience here and our family also satisfy ki I am a part of this organization.

Salary - Excellent

+6 more

Dislikes

Salary are too low as equal to work experience of the employee.So it request please raise salary correction under certain time period. And in our GMC policy request please increase Sum insured limit under Executive Grade.

Relationship Manager in Patna

Rural Development Government's Businesses Department

1.0

• posted on 29 Aug 2021

1.0

for Salary and Benefits

Likes

Salary pay on time but allowance & reimbursement payments are not available on time and some payments are not paid. Mr Bala, Miss Archana & Miss Dimple are fraud employees in SBIG. They are torture to his junior employees & team. They are bad guys so please don’t work there to work here is not available for best careers.

Dislikes

Company Salary is not survival for everyone and expense is not allowed every month and working culture is very bad. Senior Head is not helpful for guidelines.

Salary - Bad

+6 more

Relationship Manager in Nagaur

SALES Department

4.0

• posted on 16 Dec 2019

5.0

for Salary and Benefits

Likes

TRANING TIME GOOD,CAREER GROTH POSSIBLE IF HARD WORK,SALARY MINDBLOWING,TRAVEL DAILY BRANCH VISITE 100-150KM, WORK ENVIORMENT GOOD,

Salary - Excellent

+3 more

Dislikes

the work pressure is high. daily branch visite and daily travl 14-15 hours in bus.. sometime time 18hours.. rual aera branch ... some time i feel pain ...

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

Got a question about SBI General Insurance?

Ask anonymously on communities.

SBI General Insurance Banking Officer Salary FAQs

What is the salary of Banking Officer at SBI General Insurance?

Banking Officer salary at SBI General Insurance in India ranges between ₹1.4 Lakhs to ₹3.1 Lakhs for experience between 1 years to 2 years. According to our estimates it is 36% less than the average Banking Officer 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 Banking Officer at SBI General Insurance India compare with the average salary range for this job?

The average salary of a Banking Officer at SBI General Insurance is 36% less than the average salary of a Banking Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI General Insurance to a Banking Officer in India?

Cholamandalam MS General Insurance Banking Officer Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindara Life Insurance Banking Officer Salary - ₹0.4 Lakhs to ₹8.0 Lakhs per year
SBI Life Insurance Company Banking Officer Salary - ₹0.8 Lakhs to ₹6.8 Lakhs per year
ICICI Prudential Life Insurance Banking Officer Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year
Max Life Insurance Banking Officer Salary - ₹2.4 Lakhs to ₹3.3 Lakhs per year

What is the salary of a Banking Officer in companies similar to SBI General Insurance in India?

Tata AIA Life Insurance Banking Officer Salary - ₹2.6 Lakhs to ₹4.5 Lakhs per year
ICICI Lombard General Insurance Company Banking Officer Salary - ₹1.9 Lakhs to ₹4.5 Lakhs per year
Bajaj Allianz Life Insurance Banking Officer Salary - ₹2.3 Lakhs to ₹3.3 Lakhs per year
HDFC Ergo General Insurance Banking Officer Salary - ₹2.4 Lakhs to ₹3.3 Lakhs per year
HDFC Life Banking Officer Salary - ₹2.6 Lakhs to ₹4.0 Lakhs per year

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

The estimated take-home salary of a Banking Officer at SBI General Insurance ranges between ₹17,881 per month to ₹19,575 per month in India. The take-home salary calculation is based on the average SBI General Insurance Banking Officer salary in India which ranges between ₹1.4 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?

What is the notice period for Banking Officer at SBI General Insurance?

According to AmbitionBox, 60% of the SBI General Insurance Banking Officers reported a notice period of 15 days or less, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI General Insurance Banking Officer Salaries by Location

Home >
Salaries >
SBI General Insurance Salaries >
SBI General Insurance Banking Officer Salaries

SBI General Insurance Banking Officer salary in India ranges between ₹1.4 Lakh to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI General Insurance latest salaries received from various employees of SBI General Insurance.