SBI General Insurance BD Manager Salaries by 4 Employees

0 - 1 year exp.

₹2 Lakhs - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

59% less than the average BD Manager Salary in Insurance Companies for 0 - 1 year of experience

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Last Updated: 9 Nov 2024

Companies similar to SBI General Insurance for BD Manager

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company BD Manager Salary 3 - 11 years exp. (6 salaries)	₹3.8 L/yr - ₹5 L/yr 49% more
Bajaj Allianz Life Insurance BD Manager Salary 1 - 10 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 32% more
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ICICI Prudential Life Insurance BD Manager Salary 2 - 10 years exp. (3 salaries)	₹2.6 L/yr - ₹7.4 L/yr 76% more
Axis Max Life Insurance BD Manager Salary 10 - 18 years exp. (3 salaries)	₹3.8 L/yr - ₹7.5 L/yr 76% more
BYJU'S BD Manager Salary 0 - 4 years exp. (14 salaries)	₹3.5 L/yr - ₹15.3 L/yr 195% more

BD Manager salary at SBI General Insurance ranges between ₹2 Lakhs to ₹3.2 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance BD Manager salaries

Last Updated: 9 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹3.2 L/yr
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1 year (AmbitionBox Estimate)	₹2 L/yr - ₹3 L/yr

Similar Designation salaries in SBI General Insurance

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Business Manager Salary

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Marketing Manager Salary

(AmbitionBox Estimate)

₹9.7 L/yr - ₹12.4 L/yr

Territory Manager Salary

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Salary related reviews for SBI General Insurance

2.4

Rated by 3 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.

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

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

see more salary related reviews

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SBI General Insurance BD Manager Salary FAQs

What is the salary of BD Manager at SBI General Insurance ?

The average salary of a BD Manager at SBI General Insurance in India typically ranges from ₹2.0 Lakhs to ₹3.2 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of BD Manager at SBI General Insurance earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. BD 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 BD Manager at SBI General Insurance in India?

The estimated take-home salary of a BD Manager at SBI General Insurance in India typically ranges from ₹21,226 to ₹22,871 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from Fresher to 1 year.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.

Which companies offer higher salaries than SBI General Insurance for BD Manager in India?

BYJU'S	₹3.5 Lakhs to ₹15.3 Lakhs per year
Axis Max Life Insurance	₹3.8 Lakhs to ₹7.5 Lakhs per year
ICICI Prudential Life Insurance	₹2.6 Lakhs to ₹7.4 Lakhs per year
SBI Life Insurance Company	₹3.8 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz Life Insurance	₹3.0 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI General Insurance, depending on the role and experience level.

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

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

Experience	Average Salary Range
Fresher	₹3.0 Lakhs to ₹3.2 Lakhs per year
1 year	₹2.0 Lakhs to ₹3.0 Lakhs per year

and so on.

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SBI General Insurance BD Manager Salaries

SBI General Insurance BD Manager salary in India ranges between ₹2 Lakhs to ₹3.2 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.