SBI General Insurance Business Development Representative Salaries by 20+ Employees (Updated 2025)

0 - 5 years exp.

₹2.9 Lakhs - ₹3.9 Lakhs

Salary of majority employees

41% less than the average Business Development Representative Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

Sales & Business Development Business Development Representative Salary 0 - 5 years exp. (15 salaries)	₹2.9 L/yr - ₹3.6 L/yr
BFSI, Investments & Trading Business Development Representative Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.9 L/yr
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Customer Success, Service & Operations Business Development Representative Salary Fresher (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.3 L/yr

Last Updated: 14 Feb 2025

Companies similar to SBI General Insurance for Business Development Representative

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Business Development Representative Salary 0 - 4 years exp. (195 salaries)	₹1.2 L/yr - ₹4 L/yr 32% less
HDFC Bank Business Development Representative Salary 0 - 5 years exp. (201 salaries)	₹1.2 L/yr - ₹3.8 L/yr 24% less
Login to view exact salary
Salesforce Business Development Representative Salary 1 - 6 years exp. (28 salaries)	₹12 L/yr - ₹22 L/yr 458% more
Whatfix Business Development Representative Salary 0 - 4 years exp. (23 salaries)	₹8 L/yr - ₹21 L/yr 325% more	1 job opening
BYJU'S Business Development Representative Salary 0 - 3 years exp. (22 salaries)	₹3 L/yr - ₹10 L/yr 82% more

Business Development Representative salary at SBI General Insurance ranges between ₹2.9 Lakhs to ₹3.9 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 21 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Business Development Representative salaries

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
Fresher (9 salaries)	₹2.9 L/yr - ₹3.3 L/yr
1 year (3 salaries)	₹3 L/yr - ₹3.6 L/yr
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2 years (3 salaries)	₹2.9 L/yr - ₹3.9 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.8 L/yr
5 years (3 salaries)	₹3 L/yr - ₹3.3 L/yr

View all

Similar Designation salaries in SBI General Insurance

Business Development Executive Salary

(35 salaries)

₹2 L/yr - ₹4.5 L/yr

Business Development Associate Salary

(41 salaries)

₹1.95 L/yr - ₹4 L/yr

Business Development Manager Salary

(334 salaries)

₹1.6 L/yr - ₹5.1 L/yr

Business Development Officer Salary

(3 salaries)

₹2.8 L/yr - ₹8 L/yr

Senior Business Development Executive Salary

(4 salaries)

₹3.75 L/yr - ₹6 L/yr

Senior Business Development Associate Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Business Executive Salary

(3 salaries)

₹3 L/yr - ₹3.3 L/yr

Business Analyst Salary

(15 salaries)

₹4 L/yr - ₹12 L/yr

Inside Sales Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Area Sales Executive Salary

(3 salaries)

₹2.1 L/yr - ₹6.4 L/yr

Top skills at SBI General Insurance for Business Development Representative

General Insurance Insurance

Salary related reviews for SBI General Insurance

4.4

Rated by 12 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

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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SBI General Insurance Business Development Representative Salary FAQs

What is the salary of Business Development Representative at SBI General Insurance?

Business Development Representative salary at SBI General Insurance in India ranges between ₹2.9 Lakhs to ₹3.9 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 41% less than the average Business Development Representative Salary in India. Salary estimates are based on 21 latest salaries received from various employees of SBI General Insurance India.

How does the salary of a Business Development Representative at SBI General Insurance India compare with the average salary range for this job?

The average salary of a Business Development Representative at SBI General Insurance is 41% less than the average salary of a Business Development Representative in India. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Representative at SBI General Insurance?

General Insurance and Insurance are some of the popular skills required to work as a Business Development Representative at SBI General Insurance India.

Which similar companies are paying more than SBI General Insurance to a Business Development Representative in India?

Salesforce Business Development Representative Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year
Whatfix Business Development Representative Salary - ₹8.0 Lakhs to ₹21.0 Lakhs per year
BYJU'S Business Development Representative Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Business Development Representative in companies similar to SBI General Insurance in India?

HDFC Bank Business Development Representative Salary - ₹1.2 Lakhs to ₹3.8 Lakhs per year
HDB Financial Services Business Development Representative Salary - ₹1.2 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Business Development Representative at SBI General Insurance in India?

The estimated take-home salary of a Business Development Representative at SBI General Insurance ranges between ₹23,323 per month to ₹24,787 per month in India. The take-home salary calculation is based on the average SBI General Insurance Business Development Representative salary in India which ranges between ₹2.9 Lakhs to ₹3.9 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Business Development Representative at SBI General Insurance?

According to AmbitionBox, 34% of the SBI General Insurance Business Development Representatives reported a notice period of 3 Months, 30% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 56 responses on AmbitionBox in last 2 years.

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SBI General Insurance Business Development Representative Salaries by Location

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SBI General Insurance Business Development Representative Salaries

SBI General Insurance Business Development Representative salary in India ranges between ₹2.9 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 SBI General Insurance latest salaries received from various employees of SBI General Insurance.

SBI General Insurance Business Development Representative salaries in India (Updated 2025)

Companies similar to SBI General Insurance for Business Development Representative

Latest annual salaries shared by SBI General Insurance Business Development Representative

Experience wise SBI General Insurance Business Development Representative salaries

Similar Designation salaries in SBI General Insurance

Top skills at SBI General Insurance for Business Development Representative

Salary related reviews for SBI General Insurance

Business Development Manager in Gorakhpur

Business Development Manager in Gorakhpur

Sales Manager in Gwalior

Business Development Manager in Vijayawada

Relationship Manager in Gulbarga

SBI General Insurance Business Development Representative Salary FAQs

Tell us how to improve this page.

SBI General Insurance Business Development Representative Salaries by Location