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SBI General Insurance Senior Business Development Manager salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
3 - 11 years exp.
₹3.5 Lakhs - ₹6.5 Lakhs
Salary of majority employees
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48% less than the average Senior Business Development Manager Salary in Insurance Companies for 3 - 11 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development
Senior Business Development Manager Salary
10 - 11 years exp. (3 salaries)
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₹5.5 L/yr - ₹6.5 L/yr

BFSI, Investments & Trading
Senior Business Development Manager Salary
3 - 8 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹5.5 L/yr

Customer Success, Service & Operations
Senior Business Development Manager Salary
8 - 10 years exp. (AmbitionBox Estimate)
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₹5.3 L/yr - ₹6.5 L/yr

Marketing & Communication
Senior Business Development Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.5 L/yr

Last Updated: 18 Jan 2025

Companies similar to SBI General Insurance for Senior Business Development Manager in Bangalore / Bengaluru

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SBI General Insurance Senior Business Development Manager Salary

3 - 11 years exp. (13 salaries)
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₹3.5 L/yr - ₹6.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Lombard General Insurance Company Senior Business Development Manager Salary

3 - 14 years exp. (3 salaries)
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₹6.5 L/yr - ₹10.8 L/yr

arrow icon 60% more
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SBI Life Insurance Company Senior Business Development Manager Salary

5 - 14 years exp. (12 salaries)
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₹4.2 L/yr - ₹8.1 L/yr

arrow icon 6% more
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Bajaj Allianz Life Insurance Senior Business Development Manager Salary

2 - 10 years exp. (8 salaries)
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₹4.2 L/yr - ₹6.8 L/yr

arrow icon 16% less
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Flipkart Senior Business Development Manager Salary

4 - 12 years exp. (109 salaries)
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₹19 L/yr - ₹42 L/yr

arrow icon 436% more
 1 job opening
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BYJU'S Senior Business Development Manager Salary

3 - 8 years exp. (63 salaries)
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₹8 L/yr - ₹31 L/yr

arrow icon 214% more

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Senior Business Development Manager salary at SBI General Insurance ranges between ₹3.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 13 latest salaries received from various employees of SBI General Insurance.

Latest annual salaries shared by SBI General Insurance Senior Business Development Manager in Bangalore / Bengaluru

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Experience wise SBI General Insurance Senior Business Development Manager salaries in Bangalore / Bengaluru

Last Updated: 18 Jan 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹9.5 L/yr
4 years  (3 salaries)

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₹4.5 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹6.5 L/yr
6 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
View all

Similar Designation salaries in SBI General Insurance

Business Development Manager Salary
(27 salaries)
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₹2 L/yr - ₹5 L/yr
Business Development Associate Salary
(3 salaries)
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₹2.5 L/yr - ₹3.5 L/yr

Top skills at SBI General Insurance for Senior Business Development Manager

General Insurance Bancassurance Health Salesforce Health Insurance Agent Recruitment Agency Channel Business Development General Insurance Sales SME General Insurance Team Building Sales Insurance Sales Sales

Salary related reviews for SBI General Insurance

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Rated by 1 employees for salary & benefits

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.

read more
  • 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 .

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • 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

read more
  • 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 .

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
see more salary related reviews

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.
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SBI General Insurance Senior Business Development Manager Salary FAQs

What is the salary of Senior Business Development Manager at SBI General Insurance Bangalore / Bengaluru?
Senior Business Development Manager salary at SBI General Insurance in Bangalore / Bengaluru ranges between ₹3.5 Lakhs to ₹6.5 Lakhs for experience between 3 years to 11 years. According to our estimates it is 48% less than the average Senior Business Development Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of SBI General Insurance Bangalore / Bengaluru.
How does the salary of a Senior Business Development Manager at SBI General Insurance Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Senior Business Development Manager at SBI General Insurance is 48% less than the average salary of a Senior Business Development Manager in Bangalore / Bengaluru. To know exact salary insights, login to view.
What are the top skills required to work as a Senior Business Development Manager at SBI General Insurance?
General Insurance, Bancassurance, Health, Salesforce and Health Insurance are some of the popular skills required to work as a Senior Business Development Manager at SBI General Insurance Bangalore / Bengaluru.
Which similar companies are paying more than SBI General Insurance to a Senior Business Development Manager in Bangalore / Bengaluru?
  • Flipkart Senior Business Development Manager Salary - ₹19.0 Lakhs to ₹42.0 Lakhs per year
  • BYJU'S Senior Business Development Manager Salary - ₹8.0 Lakhs to ₹31.0 Lakhs per year
  • ICICI Lombard General Insurance Company Senior Business Development Manager Salary - ₹6.5 Lakhs to ₹10.8 Lakhs per year
  • SBI Life Insurance Company Senior Business Development Manager Salary - ₹4.2 Lakhs to ₹8.1 Lakhs per year
What is the salary of a Senior Business Development Manager in companies similar to SBI General Insurance in Bangalore / Bengaluru?
  • Bajaj Allianz Life Insurance Senior Business Development Manager Salary - ₹4.2 Lakhs to ₹6.8 Lakhs per year
What is the estimated take home salary of a Senior Business Development Manager at SBI General Insurance in Bangalore / Bengaluru?
The estimated take-home salary of a Senior Business Development Manager at SBI General Insurance ranges between ₹42,052 per month to ₹43,186 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average SBI General Insurance Senior Business Development Manager salary in India which ranges between ₹3.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 3 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Senior Business Development Manager at SBI General Insurance in Bangalore / Bengaluru?
According to AmbitionBox, 43% of the SBI General Insurance Senior Business Development Managers in Bangalore / Bengaluru reported a notice period of 1 Month, 43% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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SBI General Insurance Senior Business Development Manager salary in Bangalore / Bengaluru ranges between ₹3.5 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 SBI General Insurance latest salaries received from various employees of SBI General Insurance.