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3.7

based on 1.7k Reviews

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SBI General Insurance Business Development Manager Salaries in India (Updated 2025)

based on 582 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Marketing & Communication + 6 more
Designation Avg Annual Salary Open Jobs

Business Development Manager

0 - 10 years exp. (334 salaries)
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₹1.6 L/yr - ₹5.1 L/yr

10 job openings

Relationship Manager

1 - 9 years exp. (209 salaries)
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₹1.8 L/yr - ₹6.6 L/yr

Deputy Manager

4 - 11 years exp. (180 salaries)
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₹4 L/yr - ₹9.1 L/yr

Senior Business Development Manager

3 - 12 years exp. (171 salaries)
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₹3.4 L/yr - ₹8 L/yr

1 job opening
Starting your career? Discover SBI General Insurance fresher salaries in India

Area Sales Manager

12 - 20 years exp. (90 salaries)
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₹7.5 L/yr - ₹22 L/yr

Territory Sales Manager

6 - 15 years exp. (51 salaries)
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₹4 L/yr - ₹10.8 L/yr

Business Development Associate

0 - 5 years exp. (41 salaries)
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₹2 L/yr - ₹4 L/yr

Business Development Executive

0 - 5 years exp. (35 salaries)
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₹2 L/yr - ₹4.5 L/yr

Senior Sales Manager

3 - 11 years exp. (14 salaries)
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₹4.4 L/yr - ₹6.2 L/yr

Sales Manager

3 - 11 years exp. (13 salaries)
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₹3.3 L/yr - ₹6.2 L/yr

Assistant Sales Manager

6 - 17 years exp. (7 salaries)
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₹4.5 L/yr - ₹7.9 L/yr

Branch Manager

7 - 12 years exp. (7 salaries)
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₹6.5 L/yr - ₹10.5 L/yr

Business Manager

6 - 14 years exp. (5 salaries)
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₹4 L/yr - ₹15.1 L/yr

Regional Manager

10 - 15 years exp. (5 salaries)
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₹14.2 L/yr - ₹25 L/yr

Store Manager

5 - 30 years exp. (4 salaries)
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₹6.7 L/yr - ₹26 L/yr

Territory Manager

16 - 20 years exp. (4 salaries)
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₹5.2 L/yr - ₹9.3 L/yr

Zonal Sales Manager

9 - 20 years exp. (4 salaries)
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₹23 L/yr - ₹33 L/yr

Area Business Manager

0 - 5 years exp. (4 salaries)
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₹8.3 L/yr - ₹15 L/yr

Senior Business Development Executive

3 - 6 years exp. (4 salaries)
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₹3.8 L/yr - ₹6 L/yr

Marketing Manager

1 - 2 years exp. (AmbitionBox Estimate)
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₹9.8 L/yr - ₹12.5 L/yr

Cluster Sales Manager

6 - 18 years exp. (160 salaries)
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₹4.2 L/yr - ₹15.8 L/yr

Last Updated: 4 Jan, 2025

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an associate vice president
Offer Accepted
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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Salary related reviews for SBI General Insurance

3.4

Rated by 195 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

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

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
see more salary related reviews

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More about working at SBI General Insurance

SBI General Insurance Salary FAQs

How much does SBI General Insurance pay per year?
The average SBI General Insurance salary ranges from approximately ₹0.9 Lakh to ₹1.2 Lakh per year for a Office Clerk and ₹35 Lakhs to ₹60 Lakhs per year for a National Sales Manager. Salary estimates are based on 582 SBI General Insurance salaries received from various employees of SBI General Insurance. SBI General Insurance employees rate the overall salary and benefits package 3.4/5 stars.
What is the highest salary in SBI General Insurance?
The highest-paying job at SBI General Insurance is a National Sales Manager with a salary of ₹35 Lakhs to ₹60 Lakhs per year. The top 10% of employees earn more than ₹14.51 lakhs per year. The top 1% earn more than a whopping ₹41.93 lakhs per year.
What is the minimum salary in SBI General Insurance?
Minimum salary at SBI General Insurance depends on the role you are applying for. For Operations Executive the minimum salary is ₹1.8 Lakh to ₹5 Lakhs per year, and for Customer Service Executive the minimum salary is ₹1.5 Lakh to ₹4.2 Lakhs per year and so on.
What is the salary package for freshers in SBI General Insurance?
The average salary at SBI General Insurance for freshers varies from ₹1.9 Lakh to ₹2.4 Lakhs per year for Apprentice Trainee and ₹8 Lakhs to ₹12 Lakhs per year for Management Trainee.
What is the notice period for Business Development Manager at SBI General Insurance?
According to AmbitionBox, 35% of the SBI General Insurance Business Development Managers reported a notice period of 2 Months, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 671 responses on AmbitionBox in last 2 years.

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Average annual salary for Business Development Manager in SBI General Insurance is INRunlock blur . Salary estimates are based on 582 SBI General Insurance latest salaries received from various employees of SBI General Insurance.

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