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SBI General Insurance Relationship Manager salaries in India (Updated 2025)

Annual salary range
1 - 9 years exp.
₹1.8 Lakh - ₹6.6 Lakhs
Salary of majority employees
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31% less than the average Relationship Manager Salary in Insurance Companies for 1 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Relationship Manager Salary
1 - 9 years exp. (98 salaries)
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₹1.8 L/yr - ₹5.7 L/yr

Sales & Business Development
Relationship Manager Salary
1 - 9 years exp. (34 salaries)
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₹2 L/yr - ₹6.6 L/yr

Marketing & Communication
Relationship Manager Salary
1 - 9 years exp. (10 salaries)
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₹2.2 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Relationship Manager Salary
2 - 7 years exp. (9 salaries)
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₹2 L/yr - ₹3.8 L/yr

Finance & Accounting
Relationship Manager Salary
1 - 5 years exp. (4 salaries)
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₹2.5 L/yr - ₹3.5 L/yr

Last Updated: 19 Feb 2025

Companies similar to SBI General Insurance for Relationship Manager

Company name Avg Annual Salary Open Jobs
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PNB MetLife Relationship Manager Salary

0 - 12 years exp. (1.2k salaries)

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₹2.1 L/yr - ₹4.7 L/yr

arrow icon 6% more
150 job openings
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₹1.8 L/yr - ₹5.6 L/yr

arrow icon 16% more
73 job openings
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₹1.6 L/yr - ₹5 L/yr

arrow icon 3% less
24 job openings
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HDFC Life Relationship Manager Salary

0 - 8 years exp. (560 salaries)

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₹1.7 L/yr - ₹5 L/yr

arrow icon 1% more
2 job openings
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₹2.2 L/yr - ₹5.2 L/yr

arrow icon 13% more
8 job openings
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₹1.1 L/yr - ₹7 L/yr

arrow icon 34% more
5 job openings
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₹1.9 L/yr - ₹7 L/yr

arrow icon 29% more
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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 6% less
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₹1.7 L/yr - ₹5.5 L/yr

arrow icon 9% more
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₹1.7 L/yr - ₹5 L/yr

arrow icon 4% more
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Relationship Manager salary at SBI General Insurance ranges between ₹1.8 Lakh to ₹6.6 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 203 latest salaries received from various employees of SBI General Insurance.

Latest annual salaries shared by SBI General Insurance Relationship Manager

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Experience wise SBI General Insurance Relationship Manager salaries

Last Updated: 19 Feb 2025

Experience Avg Annual Salary
1 year  (20 salaries)

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₹1.8 L/yr - ₹4 L/yr
2 years  (16 salaries)

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₹2.2 L/yr - ₹3.7 L/yr
3 years  (38 salaries)

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₹2 L/yr - ₹4.5 L/yr
4 years  (46 salaries)

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₹2 L/yr - ₹5.7 L/yr
5 years  (28 salaries)

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₹2.7 L/yr - ₹5.1 L/yr
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SBI General Insurance Relationship Manager Salary and Career Growth

From

To

Relationship Manager

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1 - 9 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

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₹1.6 L/yr - ₹3.9 L/yr
Branch Manager Salary
(7 salaries)
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₹6.5 L/yr - ₹10.5 L/yr
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₹8 L/yr - ₹13 L/yr
Store Manager Salary
(4 salaries)
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₹6.7 L/yr - ₹26 L/yr
Deputy Manager Salary
(157 salaries)
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₹3.7 L/yr - ₹9.7 L/yr
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₹5.2 L/yr - ₹9.3 L/yr
Sales Manager Salary
(19 salaries)
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₹2 L/yr - ₹6.22 L/yr
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₹7.5 L/yr - ₹22 L/yr
Area Manager Salary
(6 salaries)
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₹8.98 L/yr - ₹15.2 L/yr
Branch Sales Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

Salary related reviews for SBI General Insurance

3.6

Rated by 172 employees for salary & benefits

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 .

read more
  • 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

read more

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.

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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.

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  • Salary - Bad
  • +2 more

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.

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  • 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.

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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.

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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.

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  • Salary - Bad
  • +6 more

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,

read more
  • 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 ...

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SBI General Insurance Relationship Manager Salary FAQs

What is the salary of Relationship Manager at SBI General Insurance ?
The average salary of a Relationship Manager at SBI General Insurance in India typically ranges from ₹1.8 Lakhs to ₹6.6 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Relationship Manager at SBI General Insurance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹5.7 Lakhs per year. Relationship 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 200+ SBI General Insurance employees in India.
What is the estimated take home salary of a Relationship Manager at SBI General Insurance in India?
The estimated take-home salary of a Relationship Manager at SBI General Insurance in India typically ranges from ₹25,219 to ₹26,655 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from 1 year to 9 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 200+ 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 Relationship Manager in India?
Allianz Partners ₹3.9 Lakhs to ₹6.5 Lakhs per year
Magma HDI General Insurance ₹3.5 Lakhs to ₹7.6 Lakhs per year
Aditya Birla Health Insurance Co ₹2.1 Lakhs to ₹8.5 Lakhs per year
Axis Max Life Insurance ₹1.1 Lakhs to ₹7.0 Lakhs per year
ICICI Prudential Life Insurance ₹1.9 Lakhs to ₹7.0 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 Relationship Manager in companies similar to SBI General Insurance in India?
The salary of a Relationship Manager at companies similar to SBI General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Royal Sundaram General Insurance ₹3.0 Lakhs to ₹5.2 Lakhs per year
SBI Life Insurance Company ₹2.5 Lakhs to ₹6.0 Lakhs per year
Shriram Life Insurance ₹1.8 Lakhs to ₹6.3 Lakhs per year
Tata AIA Life Insurance ₹1.8 Lakhs to ₹5.6 Lakhs per year
Cholamandalam MS General Insurance ₹2.1 Lakhs to ₹6.0 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 Relationship Manager at SBI General Insurance in India?
The salary growth for a Relationship Manager at SBI General Insurance depends on factors such as experience, performance, and promotions. On average, a Relationship Manager can expect the following growth trajectory at SBI General Insurance:

Experience Average Salary Range
1 year ₹1.8 Lakhs to ₹4.0 Lakhs per year
2 years ₹2.2 Lakhs to ₹3.7 Lakhs per year
3 years ₹2.0 Lakhs to ₹4.5 Lakhs per year
4 years ₹2.0 Lakhs to ₹5.7 Lakhs per year
and so on.

Tell us how to improve this page.

SBI General Insurance Relationship Manager salary in India ranges between ₹1.8 Lakh to ₹6.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 203 SBI General Insurance latest salaries received from various employees of SBI General Insurance.