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SBI General Insurance BDM salaries in Ranchi

Annual salary range
2 - 6 years exp.
₹3 Lakhs - ₹3.8 Lakhs
Salary of majority employees
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9% less than the average BDM Salary in Insurance Companies for 2 - 6 years of experience

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Last Updated: 2 May 2024

Companies similar to SBI General Insurance for BDM in Ranchi

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SBI General Insurance BDM Salary

2 - 6 years exp. (5 salaries)

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₹3 L/yr - ₹3.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹3.6 L/yr

arrow icon 11% less
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HDFC Life BDM Salary

2 - 5 years exp. (3 salaries)

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₹3 L/yr - ₹4 L/yr

arrow icon 3% less
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Oyo Rooms BDM Salary

5 - 6 years exp. (3 salaries)

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₹5.5 L/yr - ₹7.3 L/yr

arrow icon 102% more
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IndusInd Bank BDM Salary

2 - 5 years exp. (3 salaries)

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₹3.1 L/yr - ₹3.6 L/yr

arrow icon 5% less
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ICFAI University BDM Salary

3 - 5 years exp. (3 salaries)

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₹4 L/yr - ₹4.6 L/yr

arrow icon 26% more
BDM salary at SBI General Insurance ranges between ₹3 Lakhs to ₹3.8 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of SBI General Insurance.

Latest annual salaries shared by SBI General Insurance BDM in Ranchi

10mo ago
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6 years exp.
1y ago
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5 years exp.

Experience wise SBI General Insurance BDM salaries in Ranchi

Last Updated: 2 May 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹6.1 L/yr
4 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹6.3 L/yr
5 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹3.8 L/yr
SBI General Insurance BDM Salary and Career Growth

From

To

BDM

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1 - 7 years exp.

Assistant Manager

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0 - 10 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in SBI General Insurance

Deputy Manager Salary
(4 salaries)
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₹5.24 L/yr - ₹6.66 L/yr

Salary related reviews for SBI General Insurance

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 07 Jun 2024

1.0
 for  Salary and Benefits

Likes

You will get your salary on time. Apart from this nothing is good about this company.

read more

Dislikes

Nothing is good about this company. Company doesnt give work from home, but those people who are close to the higher management get plenty of work from home. If you are hard working, no one cares, if you are smart worker, no one cares. But if you know someone very important in the organisation then you are important. Favouritism and fawning are the only 2 qualities which will take you to heights. There is no transparency in the team, boss will discuss important matter with only those people who are close to him. Different department people will be made your boss who will himself not know the work. If you complain to the HR then HR will complain about you to your boss and your boss will make your life miserable. If your boss doesnt like you, he will not give you work and will purposely put u in pip. Competent people have left the organization and those who are here since the past 10 years are so lethargic and useless that you with be able to work with them. The HR does nothing to remove this toxicity and HR is also lethargic. A simple offer letter HR will release after 20 days. If you ask to change ur phone number in company portal HR will take minimum 6 months. My suggestion is, even if you are unemployed please dont join SBI General.

read more
  • Salary - Bad
  • +6 more

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. .

read more
  • Salary - Bad
  • +4 more

Other Department

3.0
  •  posted on 27 Jun 2021

3.0
 for  Salary and Benefits

Likes

Gives opportunity to perfomer and team work culture ..and better compensation programme.

read more
  • Skill development - Good

Dislikes

Depends upon our attitude and temperment how you behave with your colleague and be good to your work colleagues and vice versa .

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Seles Department

5.0
  •  posted on 23 May 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

Dislikes

There is a lot of politics

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 23 Jan 2025

2.0
 for  Salary and Benefits

Likes

All other channels other than Sbi relationship will enjoy work without pressure… they bring non profit no’s also ok for organisation

read more
  • Job security - Good

Dislikes

Only sbi channel makes profits for organisation and get variable pay but this team will get only pressure and no motivation or opportunities in promotions

read more
  • Salary - Poor
  • +3 more
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SBI General Insurance BDM Salary FAQs

What is the salary of BDM at SBI General Insurance in Ranchi?
The average salary of a BDM at SBI General Insurance in Ranchi typically ranges from ₹3.0 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of BDM in Ranchi at SBI General Insurance earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. BDM 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 5 SBI General Insurance employees in India.
What is the estimated take home salary of a BDM at SBI General Insurance in Ranchi?
The estimated take-home salary of a BDM at SBI General Insurance in Ranchi typically ranges from ₹25,549 to ₹26,979 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 2 years to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 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 BDM in India?
Oyo Rooms ₹5.5 Lakhs to ₹7.3 Lakhs per year
ICFAI University ₹4.0 Lakhs to ₹4.6 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.
What is the salary of a BDM in companies similar to SBI General Insurance in Ranchi?
The salary of a BDM at companies similar to SBI General Insurance in Ranchi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life ₹3.0 Lakhs to ₹4.0 Lakhs per year
IndusInd Bank ₹3.1 Lakhs to ₹3.6 Lakhs per year
Star Union Dai-ichi Life Insurance ₹2.0 Lakhs to ₹3.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a BDM at SBI General Insurance in Ranchi?
The salary growth for a BDM at SBI General Insurance in Ranchi depends on factors such as experience, performance, and promotions. On average, a BDM in Ranchi can expect the following growth trajectory at SBI General Insurance:

Experience Average Salary Range
2 years ₹1.3 Lakhs to ₹3.5 Lakhs per year
3 years ₹3.0 Lakhs to ₹6.1 Lakhs per year
4 years ₹3.3 Lakhs to ₹6.3 Lakhs per year
5 years ₹1.5 Lakhs to ₹3.8 Lakhs per year
and so on.

Tell us how to improve this page.

SBI General Insurance BDM salary in Ranchi ranges between ₹3 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 SBI General Insurance latest salaries received from various employees of SBI General Insurance.