SBI General Insurance Mumbai Sales Executive Salaries by 4 Employees (Updated 2025)

3 - 5 years exp.

₹2 Lakhs - ₹3.5 Lakhs

Salary of majority employees

9% less than the average Sales Executive Salary in Insurance Companies for 3 - 5 years of experience

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Salaries in different departments

Marketing & Communication Sales Executive Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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Sales & Business Development Sales Executive Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.5 L/yr

Last Updated: 14 May 2024

Companies similar to SBI General Insurance for Sales Executive in Mumbai

SBI General Insurance Sales Executive Salary

3 - 5 years exp. (4 salaries)

₹2 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Sales Executive Salary 0 - 6 years exp. (65 salaries)	₹1.2 L/yr - ₹5 L/yr 14% less
HDFC Ergo General Insurance Sales Executive Salary 0 - 6 years exp. (55 salaries)	₹1.5 L/yr - ₹4.4 L/yr 4% more
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Bajaj Allianz General Insurance Sales Executive Salary 0 - 7 years exp. (15 salaries)	₹1.5 L/yr - ₹4.3 L/yr 8% more
Reliance General Insurance Sales Executive Salary 1 - 7 years exp. (6 salaries)	₹1.7 L/yr - ₹3.3 L/yr 10% less
Tata AIG Sales Executive Salary 1 - 5 years exp. (9 salaries)	₹1.4 L/yr - ₹3.5 L/yr 23% less	1 job opening
Future Generali India Life Insurance Sales Executive Salary 0 - 6 years exp. (12 salaries)	₹1.7 L/yr - ₹3.6 L/yr 13% less	1 job opening
HDFC Life Sales Executive Salary 0 - 7 years exp. (26 salaries)	₹1.1 L/yr - ₹5 L/yr 18% more
ICICI Prudential Life Insurance Sales Executive Salary 0 - 5 years exp. (16 salaries)	₹1.8 L/yr - ₹3.8 L/yr 10% more	3 job openings
Aditya Birla Health Insurance Co Sales Executive Salary 0 - 7 years exp. (14 salaries)	₹2 L/yr - ₹4 L/yr 5% less
Aditya Birla Sun Life Insurance Sales Executive Salary 0 - 5 years exp. (11 salaries)	₹1.8 L/yr - ₹4 L/yr 15% more
Reliance Nippon Life Insurance Sales Executive Salary 1 - 4 years exp. (10 salaries)	₹1 L/yr - ₹3 L/yr 21% less
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Axis Max Life Insurance Sales Executive Salary 1 - 8 years exp. (7 salaries)	₹2 L/yr - ₹4.6 L/yr 27% more
Tata AIA Life Insurance Sales Executive Salary 0 - 6 years exp. (7 salaries)	₹0.7 L/yr - ₹4.5 L/yr 3% less
SBI Life Insurance Company Sales Executive Salary 1 - 6 years exp. (7 salaries)	₹2 L/yr - ₹4.5 L/yr 3% less
Kotak Mahindara Life Insurance Sales Executive Salary 1 - 7 years exp. (7 salaries)	₹1.5 L/yr - ₹3.5 L/yr 5% more
Star Health & Allied Insurance Sales Executive Salary 1 - 10 years exp. (6 salaries)	₹2.8 L/yr - ₹3.4 L/yr At par
Cholamandalam MS General Insurance Sales Executive Salary 1 - 8 years exp. (3 salaries)	₹2.5 L/yr - ₹3.2 L/yr 5% less
Bajaj Allianz Life Insurance Sales Executive Salary 1 - 6 years exp. (3 salaries)	₹2.1 L/yr - ₹3.1 L/yr At par	1 job opening

Sales Executive salary at SBI General Insurance ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Sales Executive salaries in Mumbai

Last Updated: 14 May 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.2 L/yr
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5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr

Similar Designation salaries in SBI General Insurance

Team Lead Salary

(14 salaries)

₹2.8 L/yr - ₹5 L/yr

Customer Executive Salary

(4 salaries)

₹2 L/yr - ₹2.8 L/yr

Salary related reviews for SBI General Insurance

Area Sales Manager in Ratlam

Full Time

Security Services Department

4.0

• posted on 06 Jan 2025

1.0

for Salary and Benefits

Likes

The company is good, the atmosphere and staff are also good and I want to work in this company for a long time.

Skill development - Good

+3 more

Dislikes

I am getting very less salary as compared to my hard work so my salary should be increased

Salary - Bad

+1 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

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

see more salary related reviews

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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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SBI General Insurance Sales Executive Salary FAQs

What is the salary of Sales Executive at SBI General Insurance Mumbai?

Sales Executive salary at SBI General Insurance in Mumbai ranges between ₹2.0 Lakhs to ₹3.5 Lakhs for experience between 3 years to 5 years. According to our estimates it is 9% less than the average Sales Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI General Insurance Mumbai.

How does the salary of a Sales Executive at SBI General Insurance Mumbai compare with the average salary range for this job?

The average salary of a Sales Executive at SBI General Insurance is 9% less than the average salary of a Sales Executive in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than SBI General Insurance to a Sales Executive in Mumbai?

Axis Max Life Insurance Sales Executive Salary - ₹2.0 Lakhs to ₹4.6 Lakhs per year
HDFC Life Sales Executive Salary - ₹1.1 Lakhs to ₹5.0 Lakhs per year
Aditya Birla Sun Life Insurance Sales Executive Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
ICICI Prudential Life Insurance Sales Executive Salary - ₹1.8 Lakhs to ₹3.8 Lakhs per year
Bajaj Allianz General Insurance Sales Executive Salary - ₹1.5 Lakhs to ₹4.3 Lakhs per year

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

Kotak Mahindara Life Insurance Sales Executive Salary - ₹1.5 Lakhs to ₹3.5 Lakhs per year
HDFC Ergo General Insurance Sales Executive Salary - ₹1.5 Lakhs to ₹4.4 Lakhs per year
Star Health & Allied Insurance Sales Executive Salary - ₹2.8 Lakhs to ₹3.4 Lakhs per year
Bajaj Allianz Life Insurance Sales Executive Salary - ₹2.1 Lakhs to ₹3.1 Lakhs per year
SBI Life Insurance Company Sales Executive Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Sales Executive at SBI General Insurance in Mumbai?

The estimated take-home salary of a Sales Executive at SBI General Insurance ranges between ₹20,658 per month to ₹22,311 per month in Mumbai. The take-home salary calculation is based on the average SBI General Insurance Sales Executive salary in India which ranges between ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Sales Executive at SBI General Insurance in Mumbai?

According to AmbitionBox, 75% of the SBI General Insurance Sales Executives in Mumbai reported a notice period of 15 days or less, 25% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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SBI General Insurance Sales Executive Salaries in Mumbai

SBI General Insurance Sales Executive salary in Mumbai ranges between ₹2 Lakhs to ₹3.5 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.