SBI General Insurance Insurance Agent Salaries by 3 Employees

0 - 3 years exp.

₹1.6 Lakh - ₹2.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

19% less than the average Insurance Agent Salary in Insurance Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Agent Salary Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Teaching & Training Insurance Agent Salary 3 years exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr

Last Updated: 19 Jan 2024

Companies similar to SBI General Insurance for Insurance Agent

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Insurance Agent Salary 0 - 1 year exp. (9 salaries)	₹1.2 L/yr - ₹3 L/yr 12% more
Reliance Nippon Life Insurance Insurance Agent Salary 0 - 4 years exp. (6 salaries)	₹1.2 L/yr - ₹6.5 L/yr 47% more
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HDFC Life Insurance Agent Salary 0 - 2 years exp. (5 salaries)	₹1.3 L/yr - ₹3 L/yr 11% more
United India Insurance Company Insurance Agent Salary 0 - 5 years exp. (5 salaries)	₹1.2 L/yr - ₹3.5 L/yr 52% more
MetLife Insurance Agent Salary 0 - 5 years exp. (4 salaries)	₹0.6 L/yr - ₹3 L/yr 1% more
Tata AIA Life Insurance Insurance Agent Salary 0 - 3 years exp. (4 salaries)	₹2.4 L/yr - ₹4.5 L/yr 100% more
PNB MetLife Insurance Agent Salary 0 - 1 year exp. (4 salaries)	₹1 L/yr - ₹3.6 L/yr 18% more
Star Health & Allied Insurance Insurance Agent Salary 1 - 3 years exp. (4 salaries)	₹1.1 L/yr - ₹2.5 L/yr 7% more
Shriram Life Insurance Insurance Agent Salary 2 - 12 years exp. (3 salaries)	₹1 L/yr - ₹2.8 L/yr 2% more
Royal Sundaram General Insurance Insurance Agent Salary 0 - 8 years exp. (3 salaries)	₹1.8 L/yr - ₹4.6 L/yr 51% more
Cholamandalam MS General Insurance Insurance Agent Salary 2 - 10 years exp. (3 salaries)	₹1.5 L/yr - ₹4 L/yr 49% more
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Kotak Mahindara Life Insurance Insurance Agent Salary 0 - 2 years exp. (3 salaries)	₹0.6 L/yr - ₹5 L/yr 52% more

Insurance Agent salary at SBI General Insurance ranges between ₹1.6 Lakh to ₹2.2 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 3 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Insurance Agent salaries

Last Updated: 19 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2.2 L/yr
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹3 L/yr

Similar Designation salaries in SBI General Insurance

Insurance Executive Salary

(5 salaries)

₹2.9 L/yr - ₹4.49 L/yr

Agent Salary

(4 salaries)

₹1.2 L/yr - ₹4 L/yr

Life Insurance Advisor Salary

(AmbitionBox Estimate)

₹8.8 L/yr - ₹11.3 L/yr

Deputy Manager Salary

(157 salaries)

₹4 L/yr - ₹9.7 L/yr

Sales Manager Salary

(19 salaries)

₹2 L/yr - ₹6.22 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Sales Executive Salary

(33 salaries)

₹1.9 L/yr - ₹4.3 L/yr

Senior Associate Salary

(5 salaries)

₹2.7 L/yr - ₹7.5 L/yr

Financial Advisor Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Sales Officer Salary

(5 salaries)

₹2 L/yr - ₹5 L/yr

Salary related reviews for SBI General Insurance

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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What people are saying about SBI General Insurance

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miraculouslemon

works at

SBI General Insurance

Rejection profile by HR At shortlisted company.

Hii, I want to change the industry from BFSI to oil and and automobile. But Hr is not shortlisting me and if HR shortlist me than o don’t get shortlisted by concerned manager. even I have knowledge and work experience in particular industry. How can I crack this now.

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SBI General Insurance Insurance Agent Salary FAQs

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

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹2.2 Lakhs per year
1 year	₹1.8 Lakhs to ₹2.3 Lakhs per year
2 years	₹1.6 Lakhs to ₹2.1 Lakhs per year
3 years	₹1.6 Lakhs to ₹3.0 Lakhs per year

and so on.

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SBI General Insurance Insurance Agent Salaries

SBI General Insurance Insurance Agent salary in India ranges between ₹1.6 Lakh to ₹2.2 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.