SBI General Insurance State Manager Salaries by 4 Employees (Updated 2025)

0 - 19 years exp.

₹9.7 Lakhs - ₹15.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average State Manager Salary in Insurance Companies for 0 - 19 years of experience

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Salaries in different departments

Sales & Business Development State Manager Salary 0 - 19 years exp. (3 salaries)	₹10.3 L/yr - ₹15.5 L/yr
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BFSI, Investments & Trading State Manager Salary 10 years exp. (AmbitionBox Estimate)	₹8.7 L/yr - ₹10.7 L/yr

Last Updated: 28 Nov 2024

Companies similar to SBI General Insurance for State Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company State Manager Salary 4 - 12 years exp. (4 salaries)	₹3.5 L/yr - ₹9 L/yr 41% less
Bajaj Allianz General Insurance State Manager Salary 4 - 10 years exp. (6 salaries)	₹4.9 L/yr - ₹6 L/yr 55% less
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ICICI Prudential Life Insurance State Manager Salary 2 - 24 years exp. (4 salaries)	₹8.3 L/yr - ₹34 L/yr 61% more
Aditya Birla Sun Life Insurance State Manager Salary 5 - 7 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 36% less
Smith & Nephew Healthcare State Manager Salary 11 - 19 years exp. (24 salaries)	₹12.5 L/yr - ₹19 L/yr 48% more

State Manager salary at SBI General Insurance ranges between ₹9.7 Lakhs to ₹15.5 Lakhs per year for employees with less than 1 year of experience to 19 years. Salary estimates are based on 4 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance State Manager salaries

Last Updated: 28 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.9 L/yr - ₹10.3 L/yr
1 year (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
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2 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
3 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
4 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.8 L/yr
5 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
6 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.3 L/yr
7 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr
8 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
9 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
10 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹21.1 L/yr
11 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
12 years (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr
13 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
14 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.6 L/yr
15+ years (AmbitionBox Estimate)	₹13.3 L/yr - ₹15.5 L/yr

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Similar Designation salaries in SBI General Insurance

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₹6.5 L/yr - ₹10.5 L/yr

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₹5.2 L/yr - ₹9.3 L/yr

Salary related reviews for SBI General Insurance

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.

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 .

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.

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.

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.

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

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 .

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

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Top trending discussions

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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SBI General Insurance State Manager Salary FAQs

What is the salary of State Manager at SBI General Insurance?

State Manager salary at SBI General Insurance in India ranges between ₹9.7 Lakhs to ₹15.5 Lakhs for less than 1 year of experience to 19 years. According to our estimates it is 2% less than the average State Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI General Insurance India.

How does the salary of a State Manager at SBI General Insurance India compare with the average salary range for this job?

The average salary of a State Manager at SBI General Insurance is 2% less than the average salary of a State Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI General Insurance to a State Manager in India?

ICICI Prudential Life Insurance State Manager Salary - ₹8.3 Lakhs to ₹34.0 Lakhs per year
Smith & Nephew Healthcare State Manager Salary - ₹12.5 Lakhs to ₹19.0 Lakhs per year

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

Aditya Birla Sun Life Insurance State Manager Salary - ₹6.0 Lakhs to ₹8.0 Lakhs per year
ICICI Lombard General Insurance Company State Manager Salary - ₹3.5 Lakhs to ₹9.0 Lakhs per year
Bajaj Allianz General Insurance State Manager Salary - ₹4.9 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a State Manager at SBI General Insurance in India?

The estimated take-home salary of a State Manager at SBI General Insurance ranges between ₹82,890 per month to ₹85,055 per month in India. The take-home salary calculation is based on the average SBI General Insurance State Manager salary in India which ranges between ₹9.7 Lakhs to ₹15.5 Lakhs per year for employees with less than 1 year of experience to 19 years. Check how did we calculate take home salary?

What is the notice period for State Manager at SBI General Insurance?

According to AmbitionBox, 100% of the SBI General Insurance State Managers reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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SBI General Insurance State Manager Salaries

SBI General Insurance State Manager salary in India ranges between ₹9.7 Lakhs to ₹15.5 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.