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based on 1.7k Reviews

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SBI General Insurance Store Manager salaries in India

Annual salary range
5 - 30 years exp.
₹6.7 Lakhs - ₹26 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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143% more than the average Store Manager Salary in Insurance Companies for 5 - 30 years of experience

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Last Updated: 22 Jun 2024

Companies similar to SBI General Insurance for Store Manager

Company name Avg Annual Salary Open Jobs
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ICICI Prudential Life Insurance Store Manager Salary

2 - 9 years exp. (3 salaries)
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₹3 L/yr - ₹11 L/yr

arrow icon 54% less
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Axis Max Life Insurance Store Manager Salary

2 - 9 years exp. (3 salaries)
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₹2.5 L/yr - ₹7 L/yr

arrow icon 67% less
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PNB MetLife Store Manager Salary

0 - 19 years exp. (3 salaries)
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₹3.9 L/yr - ₹6.3 L/yr

arrow icon 64% less
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Reliance Retail Store Manager Salary

0 - 20 years exp. (4.1k salaries)
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₹2 L/yr - ₹9.7 L/yr

arrow icon 56% less
 15 job openings
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Lenskart Store Manager Salary

0 - 14 years exp. (977 salaries)
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₹2.5 L/yr - ₹6.1 L/yr

arrow icon 68% less
 37 job openings
Store Manager salary at SBI General Insurance ranges between ₹6.7 Lakhs to ₹26 Lakhs per year for employees with experience between 5 years to 30 years. Salary estimates are based on 4 latest salaries received from various employees of SBI General Insurance.

Latest annual salaries shared by SBI General Insurance Store Manager

6mo ago
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30 years exp.

Experience wise SBI General Insurance Store Manager salaries

Last Updated: 22 Jun 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹9 L/yr - ₹11.5 L/yr
15+ years (AmbitionBox Estimate)

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₹23.4 L/yr - ₹29.9 L/yr

Similar Designation salaries in SBI General Insurance

Area Manager Salary
(6 salaries)
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₹8.98 L/yr - ₹15.2 L/yr
Sales Manager Salary
(19 salaries)
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₹2 L/yr - ₹6.22 L/yr
Branch Manager Salary
(7 salaries)
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₹6.5 L/yr - ₹10.5 L/yr
Store Incharge Salary
(AmbitionBox Estimate)
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₹1.2 L/yr - ₹1.5 L/yr
Cluster Manager Salary
(37 salaries)
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₹7 L/yr - ₹15.25 L/yr
Deputy Manager Salary
(158 salaries)
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₹3.7 L/yr - ₹9.68 L/yr
Business Manager Salary
(5 salaries)
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₹4 L/yr - ₹15.1 L/yr
Operations Manager Salary
(5 salaries)
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₹3.75 L/yr - ₹6.25 L/yr
Department Manager Salary
(3 salaries)
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₹8 L/yr - ₹13 L/yr
Area Sales Manager Salary
(90 salaries)
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₹7.5 L/yr - ₹22 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.

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 .

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  • Salary - Poor
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Business Development Manager in Gorakhpur

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 · 

BFSI, Investments & Trading Department

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  •  posted on 29 Apr 2023
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 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.

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  • Skill development - Bad
    • +2 more

Sales Manager in Gwalior

Full Time

 · 

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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

Business Development Manager in Yavatmal

BFSI, Investments & Trading Department

5.0
  •  posted on 16 Jun 2021
3.0
 for  Salary and Benefits

Likes

... helped me for booking businesses and other time, the management is transparent. Appraisal are also fair, but some places I demotivate due to my salary and expenses incentives. Appraisals are fair by management.

read more
  • Skill development - Good
    • +5 more

Dislikes

Salary is soon poor related to job, it means working time is alot but salary is low. How can I submit my expenses from joining date to till today I am unable to submit my expenses and not sure it will approve or not. Incentives are made on the basis of budgets, my salary is very low I can not manage my family expenses from my salary what should I do. But I like this job because I am with a brand SBI General Insurance and happy with my work.

read more
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SBI General Insurance Store Manager Salary FAQs

What is the salary of Store Manager at SBI General Insurance ?
The average salary of a Store Manager at SBI General Insurance in India typically ranges from ₹6.7 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 5 years to 30 years).

The top 10% of Store Manager at SBI General Insurance earn more than ₹26.0 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Store 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 4 SBI General Insurance employees in India.
What is the estimated take home salary of a Store Manager at SBI General Insurance in India?
The estimated take-home salary of a Store Manager at SBI General Insurance in India typically ranges from ₹95,650 to ₹98,231 per month. This is based on the average salary range of ₹6.7 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 5 years to 30 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 Store Manager in companies similar to SBI General Insurance in India?
The salary of a Store Manager at companies similar to SBI General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance ₹3.0 Lakhs to ₹11.0 Lakhs per year
Reliance Retail ₹2.0 Lakhs to ₹9.7 Lakhs per year
PNB MetLife ₹3.9 Lakhs to ₹6.3 Lakhs per year
Axis Max Life Insurance ₹2.5 Lakhs to ₹7.0 Lakhs per year
Lenskart ₹2.5 Lakhs to ₹6.1 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 Store Manager at SBI General Insurance in India?
The salary growth for a Store Manager at SBI General Insurance depends on factors such as experience, performance, and promotions. On average, a Store Manager can expect the following growth trajectory at SBI General Insurance:

Experience Average Salary Range
5 years ₹9.0 Lakhs to ₹11.5 Lakhs per year
15 years ₹23.4 Lakhs to ₹29.9 Lakhs per year
and so on.

Tell us how to improve this page.

SBI General Insurance Store Manager salary in India ranges between ₹6.7 Lakhs to ₹26 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SBI General Insurance latest salaries received from various employees of SBI General Insurance.