SBI General Insurance Sales Salaries by 4 Employees

2 - 14 years exp.

₹1.1 Lakh - ₹7.9 Lakhs

Low Confidence

Salary of majority employees

25% more than the average Sales Salary in Insurance Companies for 2 - 14 years of experience

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Last Updated: 16 Mar 2023

Companies similar to SBI General Insurance for Sales

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Sales Salary 0 - 5 years exp. (25 salaries)	₹2 L/yr - ₹4 L/yr 30% less
HDFC Life Sales Salary 0 - 8 years exp. (24 salaries)	₹2 L/yr - ₹4.5 L/yr 26% less
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Reliance Nippon Life Insurance Sales Salary 0 - 16 years exp. (18 salaries)	₹2 L/yr - ₹5 L/yr 39% less
Axis Max Life Insurance Sales Salary 0 - 7 years exp. (13 salaries)	₹1.3 L/yr - ₹4 L/yr 37% less
PNB MetLife Sales Salary 0 - 7 years exp. (10 salaries)	₹2.3 L/yr - ₹4.7 L/yr 30% less
Kotak Mahindara Life Insurance Sales Salary 0 - 8 years exp. (10 salaries)	₹1 L/yr - ₹7.6 L/yr 22% less
Star Health & Allied Insurance Sales Salary 0 - 8 years exp. (10 salaries)	₹1.5 L/yr - ₹3 L/yr 47% less
Bajaj Allianz Life Insurance Sales Salary 0 - 8 years exp. (8 salaries)	₹2.3 L/yr - ₹4.5 L/yr 7% less
Cholamandalam MS General Insurance Sales Salary 0 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 33% less
Aditya Birla Health Insurance Co Sales Salary 0 - 4 years exp. (4 salaries)	₹3 L/yr - ₹3.9 L/yr 31% less
Star Union Dai-ichi Life Insurance Sales Salary 1 - 10 years exp. (4 salaries)	₹2.8 L/yr - ₹4.8 L/yr 16% less
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SBI Life Insurance Company Sales Salary 1 - 8 years exp. (4 salaries)	₹1.2 L/yr - ₹5.1 L/yr 29% less
ManipalCigna Health Insurance Sales Salary 1 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹4 L/yr 42% less
Shriram Life Insurance Sales Salary 0 - 16 years exp. (3 salaries)	₹1.2 L/yr - ₹4.6 L/yr 36% less
Aditya Birla Sun Life Insurance Sales Salary 0 - 2 years exp. (3 salaries)	₹2.5 L/yr - ₹3.5 L/yr 33% less

Sales salary at SBI General Insurance ranges between ₹1.1 Lakh to ₹7.9 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Sales salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.1 L/yr
3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr
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4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
10 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
11 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
12 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.9 L/yr
13 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.9 L/yr
14 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹7.9 L/yr

View all

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Salary related reviews for SBI General Insurance

4.3

Rated by 2 employees for salary & benefits

State Head in Hyderabad / Secunderabad (working remotely)

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

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

Salary - Poor

+3 more

Business Development Specialist in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 04 Oct 2024

1.0

for Salary and Benefits

Likes

Nothing...

Dislikes

No work culture, No work life balance, No salary structure, Unnecessary salary deduction with no reason, No HR policies, No support Overall useless and worthless company, can lead to mental issues and health issues if worked here... Do not join..

Salary - Bad

+6 more

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

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 Sales Salary FAQs

What is the salary of Sales at SBI General Insurance ?

The average salary of a Sales at SBI General Insurance in India typically ranges from ₹1.1 Lakhs to ₹7.9 Lakhs per year, depending on experience (from 2 years to 14 years).

The top 10% of Sales at SBI General Insurance earn more than ₹7.9 Lakhs per year, and the top 1% earn over ₹7.9 Lakhs per year. Sales 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 Sales at SBI General Insurance in India?

The estimated take-home salary of a Sales at SBI General Insurance in India typically ranges from ₹34,188 to ₹35,440 per month. This is based on the average salary range of ₹1.1 Lakhs to ₹7.9 Lakhs per year for employees with experience ranging from 2 years to 14 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 4 salaries received from various employees of SBI General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Sales in companies similar to SBI General Insurance in India?

The salary of a Sales at companies similar to SBI General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance	₹2.3 Lakhs to ₹4.5 Lakhs per year
Star Union Dai-ichi Life Insurance	₹2.8 Lakhs to ₹4.8 Lakhs per year
Kotak Mahindara Life Insurance	₹1.0 Lakhs to ₹7.6 Lakhs per year
HDFC Life	₹2.0 Lakhs to ₹4.5 Lakhs per year
SBI Life Insurance Company	₹1.2 Lakhs to ₹5.1 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 Sales at SBI General Insurance in India?

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

Experience	Average Salary Range
2 years	₹1.1 Lakhs to ₹1.1 Lakhs per year
3 years	₹1.3 Lakhs to ₹1.7 Lakhs per year
4 years	₹1.9 Lakhs to ₹2.4 Lakhs per year
5 years	₹2.5 Lakhs to ₹3.1 Lakhs per year

and so on.

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SBI General Insurance Sales Salaries

SBI General Insurance Sales salary in India ranges between ₹1.1 Lakh to ₹7.9 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.