Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary40% less than the average Sales Manager Salary in Insurance Companies for 1 - 11 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Sales Manager Salary
1 - 11
years
exp.
(8
salaries)
|  ₹2.2 L/yr - ₹5.5 L/yr |
Sales & Business Development
Sales Manager Salary
3 - 9
years
exp.
(5
salaries)
| ₹3.3 L/yr - ₹4.2 L/yr |
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| |
Customer Success, Service & Operations
Sales Manager Salary
1 - 9
years
exp.
(AmbitionBox Estimate)
| ₹2 L/yr - ₹3.5 L/yr |
Marketing & Communication
Sales Manager Salary
9 - 10
years
exp.
(AmbitionBox Estimate)
| ₹4.8 L/yr - ₹6.2 L/yr |
Companies similar to SBI General Insurance for Sales Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Sales Manager Salary
0 - 12 years exp. (964 salaries) | ₹2.5 L/yr - ₹10.6 L/yr 
60%
more | 20 job openings |
 HDFC Life Sales Manager Salary
0 - 11 years exp. (699 salaries) | ₹1.6 L/yr - ₹7.5 L/yr
12%
more | 5 job openings |
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| ||
 Axis Max Life Insurance Sales Manager Salary
0 - 10 years exp. (614 salaries) | ₹2.7 L/yr - ₹6.2 L/yr
7%
more | 5 job openings |
 Kotak Mahindara Life Insurance Sales Manager Salary
0 - 10 years exp. (561 salaries) | ₹2 L/yr - ₹5.8 L/yr
3%
more | 11 job openings |
 Aditya Birla Health Insurance Co Sales Manager Salary
0 - 8 years exp. (413 salaries) | ₹2.6 L/yr - ₹5.1 L/yr 
5%
less | |
 Reliance Nippon Life Insurance Sales Manager Salary
0 - 10 years exp. (243 salaries) | ₹1.5 L/yr - ₹5 L/yr
28%
less | |
 Star Health & Allied Insurance Sales Manager Salary
0 - 10 years exp. (234 salaries) | ₹0.6 L/yr - ₹6 L/yr
27%
less | |
 Aditya Birla Sun Life Insurance Sales Manager Salary
1 - 10 years exp. (233 salaries) | ₹2.2 L/yr - ₹10.5 L/yr
44%
more | |
 Bajaj Allianz Life Insurance Sales Manager Salary
0 - 8 years exp. (209 salaries) | ₹1.6 L/yr - ₹7 L/yr
19%
less | 17 job openings |
 Cholamandalam MS General Insurance Sales Manager Salary
1 - 10 years exp. (200 salaries) | ₹1.7 L/yr - ₹6 L/yr
3%
less | |
 Tata AIA Life Insurance Sales Manager Salary
4 - 11 years exp. (189 salaries) | ₹2.4 L/yr - ₹8.9 L/yr
35%
more | 3 job openings |
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| ||
 PNB MetLife Sales Manager Salary
1 - 9 years exp. (153 salaries) | ₹2 L/yr - ₹8 L/yr
10%
less | 104 job openings |
 Shriram Life Insurance Sales Manager Salary
0 - 7 years exp. (112 salaries) | ₹1.7 L/yr - ₹7 L/yr
26%
less | |
 Aviva Life Insurance India Sales Manager Salary
1 - 13 years exp. (111 salaries) | ₹1.9 L/yr - ₹5.3 L/yr
9%
less | |
 SBI Life Insurance Company Sales Manager Salary
0 - 10 years exp. (87 salaries) | ₹1.2 L/yr - ₹5.6 L/yr
17%
less | 1 job opening |
 Star Union Dai-ichi Life Insurance Sales Manager Salary
1 - 10 years exp. (31 salaries) | ₹2.4 L/yr - ₹5.2 L/yr
11%
less | |
 MetLife Sales Manager Salary
1 - 7 years exp. (22 salaries) | ₹1.8 L/yr - ₹4 L/yr
24%
less | |
 Magma HDI General Insurance Sales Manager Salary
0 - 13 years exp. (18 salaries) | ₹3.3 L/yr - ₹7.3 L/yr
6%
more | |
 Royal Sundaram General Insurance Sales Manager Salary
1 - 10 years exp. (18 salaries) | ₹1.8 L/yr - ₹8.9 L/yr
3%
less | |
 ManipalCigna Health Insurance Sales Manager Salary
1 - 15 years exp. (15 salaries) | ₹3 L/yr - ₹6 L/yr
10%
less | |
Latest annual salaries shared by SBI General Insurance Sales Manager
Experience wise SBI General Insurance Sales Manager salaries
Last Updated: 25 Feb 2025
| Experience | Avg Annual Salary |
|---|---|
| 1 year (AmbitionBox Estimate) |
₹2
L/yr
- ₹6.8
L/yr
|
| 2 years (AmbitionBox Estimate) |
₹2.2
L/yr
- ₹6.9
L/yr
|
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| |
| 3 years (AmbitionBox Estimate) |
₹3.6
L/yr
- ₹7.1
L/yr
|
| 4 years (3 salaries) |
₹3.3
L/yr
- ₹5.5
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹3.6
L/yr
- ₹7.4
L/yr
|
Similar Designation salaries in SBI General Insurance
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SBI General Insurance Sales Manager Salary FAQs
The top 10% of Sales Manager at SBI General Insurance earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹6.2 Lakhs per year. Sales 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 10+ SBI General Insurance employees in India.
| Allianz Partners | ₹15.0 Lakhs to ₹18.5 Lakhs per year |
| ICICI Prudential Life Insurance | ₹2.5 Lakhs to ₹10.6 Lakhs per year |
| Aditya Birla Sun Life Insurance | ₹2.2 Lakhs to ₹10.5 Lakhs per year |
| AIG | ₹5.6 Lakhs to ₹6.3 Lakhs per year |
| Tata AIA Life Insurance | ₹2.4 Lakhs to ₹8.9 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.
| HDFC Life | ₹1.6 Lakhs to ₹7.5 Lakhs per year |
| Axis Max Life Insurance | ₹2.7 Lakhs to ₹6.2 Lakhs per year |
| Magma HDI General Insurance | ₹3.3 Lakhs to ₹7.3 Lakhs per year |
| Kotak Mahindara Life Insurance | ₹2.0 Lakhs to ₹5.8 Lakhs per year |
| Cholamandalam MS General Insurance | ₹1.7 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.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹2.0 Lakhs to ₹6.8 Lakhs per year |
| 2 years | ₹2.2 Lakhs to ₹6.9 Lakhs per year |
| 3 years | ₹3.6 Lakhs to ₹7.1 Lakhs per year |
| 4 years | ₹3.3 Lakhs to ₹5.5 Lakhs per year |
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SBI General Insurance Sales Manager Salaries by Location
- SBI General Insurance Sales Manager salaries in Lucknow
- SBI General Insurance Sales Manager salaries in New Delhi
- SBI General Insurance Sales Manager salaries in Patna
- SBI General Insurance Sales Manager salaries in Hyderabad / Secunderabad
- SBI General Insurance Sales Manager salaries in Guwahati
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SBI General Insurance Sales Manager salary
in
India
ranges between ₹2
Lakhs to ₹6.2
Lakhs with an average annual salary of
₹. Salary estimates are based on
19
SBI General Insurance latest salaries received from various employees of
SBI General Insurance.