Upload Button Icon Add office photos
filter salariesFilter salaries by

SBI Life Insurance Company Advisor salaries in India (Updated 2025)

Annual salary range
1 - 10 years exp.
₹1.1 Lakh - ₹6.2 Lakhs
Salary of majority employees
unlock blur
unlock blur

37% less than the average Advisor Salary in Insurance Companies for 1 - 10 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Advisor Salary
1 - 7 years exp. (22 salaries)
unlock-blur

₹1.5 L/yr - ₹5.8 L/yr

Sales & Business Development
Advisor Salary
1 - 10 years exp. (13 salaries)
unlock-blur

₹1.1 L/yr - ₹6.2 L/yr

Customer Success, Service & Operations
Advisor Salary
1 - 6 years exp. (7 salaries)
unlock-blur

₹2 L/yr - ₹5 L/yr

Finance & Accounting
Advisor Salary
1 - 6 years exp. (7 salaries)
unlock-blur

₹1.4 L/yr - ₹4 L/yr

Marketing & Communication
Advisor Salary
1 - 7 years exp. (7 salaries)
unlock-blur

₹1.5 L/yr - ₹4 L/yr

View all

Last Updated: 15 Feb 2025

Companies similar to SBI Life Insurance Company for Advisor

Company name Avg Annual Salary Open Jobs
Logo
unlock blur

₹1.1 L/yr - ₹6 L/yr

arrow icon 5% more
Logo
unlock blur

₹0.6 L/yr - ₹6 L/yr

arrow icon 7% less
Logo
Axis Max Life Insurance Advisor Salary

0 - 32 years exp. (61 salaries)

unlock blur

₹0.8 L/yr - ₹5 L/yr

arrow icon 4% less
Logo
Gallagher Advisor Salary

0 - 6 years exp. (41 salaries)

unlock blur

₹3.1 L/yr - ₹7 L/yr

arrow icon 37% more
Logo
unlock blur

₹1 L/yr - ₹3.5 L/yr

arrow icon 40% less
Logo
Tata AIA Life Insurance Advisor Salary

1 - 6 years exp. (34 salaries)

unlock blur

₹0.9 L/yr - ₹5 L/yr

arrow icon 23% less
Logo
Reliance Nippon Life Insurance Advisor Salary

0 - 6 years exp. (30 salaries)

unlock blur

₹1 L/yr - ₹5.1 L/yr

arrow icon 32% less
Logo
HDFC Life Advisor Salary

0 - 5 years exp. (22 salaries)

unlock blur

₹0.9 L/yr - ₹4.8 L/yr

arrow icon 21% less
Logo
Kotak Mahindara Life Insurance Advisor Salary

1 - 4 years exp. (16 salaries)

unlock blur

₹1 L/yr - ₹4 L/yr

arrow icon 21% less
Logo
Star Health & Allied Insurance Advisor Salary

1 - 8 years exp. (16 salaries)

unlock blur

₹1.8 L/yr - ₹4.5 L/yr

arrow icon 9% less
unlock blur

₹1.3 L/yr - ₹4.6 L/yr

arrow icon 25% less
Logo
unlock blur

₹2.8 L/yr - ₹6 L/yr

arrow icon 30% more
unlock blur

₹2.1 L/yr - ₹2.8 L/yr

arrow icon 22% less
Logo
SBI General Insurance Advisor Salary

2 - 6 years exp. (5 salaries)

unlock blur

₹1.7 L/yr - ₹4.5 L/yr

arrow icon 9% less
Logo
The Oriental Insurance Co. Advisor Salary

2 - 7 years exp. (5 salaries)

unlock blur

₹1.3 L/yr - ₹5.2 L/yr

arrow icon 19% less
Logo
The New India Assurance Co. Advisor Salary

3 - 5 years exp. (4 salaries)

unlock blur

₹0.6 L/yr - ₹9.4 L/yr

arrow icon 41% more
Logo
HDFC Ergo General Insurance Advisor Salary

0 - 2 years exp. (4 salaries)

unlock blur

₹1.8 L/yr - ₹2.6 L/yr

arrow icon 19% less
Logo
PNB MetLife Advisor Salary

1 - 3 years exp. (4 salaries)

unlock blur

₹1.2 L/yr - ₹2.5 L/yr

arrow icon 34% less
Logo
Shriram Life Insurance Advisor Salary

1 - 4 years exp. (3 salaries)

unlock blur

₹2.1 L/yr - ₹2.4 L/yr

arrow icon 32% less
Advisor salary at SBI Life Insurance Company ranges between ₹1.1 Lakh to ₹6.2 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 88 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Advisor

3w ago
avg blur mobile
3 years exp.
1mo ago
avg blur mobile
10 years exp.
2mo ago
avg blur mobile
6 years exp.
2mo ago
avg blur mobile
4 years exp.
2mo ago
avg blur mobile
2 years exp.
2mo ago
avg blur mobile
1 year exp.
3mo ago
avg blur mobile
3 years exp.
3mo ago
avg blur mobile
3 years exp.
4mo ago
avg blur mobile
9 years exp.
5mo ago
avg blur mobile
1 year exp.

Experience wise SBI Life Insurance Company Advisor salaries

Last Updated: 15 Feb 2025

Experience Avg Annual Salary
1 year  (19 salaries)

unlock blur

₹1.1 L/yr - ₹4 L/yr
2 years  (16 salaries)

unlock blur

₹1.1 L/yr - ₹6 L/yr
3 years  (17 salaries)

unlock blur

₹1.5 L/yr - ₹5.8 L/yr
4 years  (6 salaries)

unlock blur

₹2.2 L/yr - ₹4 L/yr
5 years  (13 salaries)

unlock blur

₹1.4 L/yr - ₹4 L/yr
View all
SBI Life Insurance Company Advisor Salary and Career Growth

From

To

Advisor

unlock blur Lakhs/yr

1 - 10 years exp.

Senior Manager

unlock blur Lakhs/yr

5 - 14 years exp.

Advisor 1 - 10 years exp.
unlock blur
Manager 3 - 20 years exp.
unlock blur
arrow icon 232% hike
    Senior Manager 5 - 14 years exp.
    unlock blur
    arrow icon -5% hike

    From

    To

    Advisor

    unlock blur

    1 - 10 years exp.

    Associate Vice President

    unlock blur

    9 - 20 years exp.

    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in SBI Life Insurance Company

    Analyst Salary
    (4 salaries)
    unlock blur
    ₹4.2 L/yr - ₹7.95 L/yr
    Agent Salary
    (18 salaries)
    unlock blur
    ₹1 L/yr - ₹7 L/yr
    Team Lead Salary
    (14 salaries)
    unlock blur
    ₹2.3 L/yr - ₹6 L/yr
    Senior Associate Salary
    (539 salaries)
    unlock blur
    ₹2.3 L/yr - ₹6.8 L/yr
    unlock blur
    ₹3.8 L/yr - ₹4.5 L/yr
    Sales Executive Salary
    (56 salaries)
    unlock blur
    ₹1 L/yr - ₹4.7 L/yr
    unlock blur
    ₹1.2 L/yr - ₹3.5 L/yr
    Data Entry Operator Salary
    (AmbitionBox Estimate)
    unlock blur
    ₹2.1 L/yr - ₹2.6 L/yr
    Customer Service Advisor Salary
    (AmbitionBox Estimate)
    unlock blur
    ₹2.1 L/yr - ₹2.6 L/yr
    unlock blur
    ₹1.2 L/yr - ₹2.1 L/yr

    Salary related reviews for SBI Life Insurance Company

    3.8

    Rated by 35 employees for salary & benefits

    Advisor Department

    5.0
      •  posted on 26 Feb 2020

    5.0
     for  Salary and Benefits

    Likes

    I LOVE THE FACT THAT I AM A PART OF A TEAM THAT MARKETS RELIABLE, HIGH QUALITY PRODUCTS AND HAS A GLOBLECLIENT BASE.

    • Salary - Excellent
    • +6 more

    Dislikes

    Compensation is decent but growth is slow. The work pressure is very high. Sometimes I have to work 14-18hours straight in a day as a have to attend clients calls in the evening.

    read more

    Full Time

     · 

    Customer Success, Service & Operations Department

    4.0
      •  posted on 30 May 2022

    3.0
     for  Salary and Benefits

    Likes

    Average work environment and culture . Teammates are supportive and the management is selfish. Company policies are bad . Appraisals not fair in this company.

    read more
    • Job security - Good

    Dislikes

    There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is very slow

    read more
    • Work satisfaction - Poor
    • +2 more

    Full Time

     · 

    BFSI, Investments & Trading Department

    4.0
      •  posted on 29 Apr 2018

    3.0
     for  Salary and Benefits

    Likes

    Company is

    • Job security - Good
    • +1 more

    Dislikes

    Company is good but as per process of career growth, it is very slow. Company's salary structure is also not good. My salary is less than a person who is coming on my position which I had before 2 years

    read more

    BFSI, Investments & Trading Department

    5.0
      •  posted on 29 Oct 2020

    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 salary hike and bonus every year.

    read more
    • Salary - Excellent
    • +6 more

    Full Time

     · 

    Marketing & Communication Department

    5.0
      •  posted on 30 Jan 2025

    2.0
     for  Salary and Benefits

    Likes

    Very good policy, good Behaviour from all senior Management.

    • Skill development - Good
    • +3 more

    Dislikes

    I am working from last 8 year but my salary is very low. If someone working is in other companies and they switched from there to here they are getting good CTC. If you are working in good location and if your assign branch and branch manager is good so you can get promotion but if you not working in good location or your assign branch is not good it's very deficit to get promotion.

    read more
    • Salary - Poor
    see more salary related reviews

    Discover interview dos and don'ts from real experiences

    SBI Life Insurance Company Advisor Salary FAQs

    What is the salary of Advisor at SBI Life Insurance Company ?
    The average salary of a Advisor at SBI Life Insurance Company in India typically ranges from ₹1.1 Lakhs to ₹6.2 Lakhs per year, depending on experience (from 1 year to 10 years).

    The top 10% of Advisor at SBI Life Insurance Company earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹6.1 Lakhs per year. Advisor Salaries at SBI Life Insurance Company 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 80+ SBI Life Insurance Company employees in India.
    What is the estimated take home salary of a Advisor at SBI Life Insurance Company in India?
    The estimated take-home salary of a Advisor at SBI Life Insurance Company in India typically ranges from ₹22,904 to ₹24,373 per month. This is based on the average salary range of ₹1.1 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from 1 year to 10 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 80+ salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
    Which companies offer higher salaries than SBI Life Insurance Company for Advisor in India?
    The New India Assurance Co. ₹0.6 Lakhs to ₹9.4 Lakhs per year
    Gallagher ₹3.1 Lakhs to ₹7.0 Lakhs per year
    United India Insurance Company ₹2.8 Lakhs to ₹6.0 Lakhs per year
    Life Insurance Corporation of India ₹1.1 Lakhs to ₹6.0 Lakhs per year

    These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Life Insurance Company, depending on the role and experience level.
    What is the salary of a Advisor in companies similar to SBI Life Insurance Company in India?
    The salary of a Advisor at companies similar to SBI Life Insurance Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Axis Max Life Insurance ₹0.8 Lakhs to ₹5.0 Lakhs per year
    ICICI Prudential Life Insurance ₹0.6 Lakhs to ₹6.0 Lakhs per year
    SBI General Insurance ₹1.7 Lakhs to ₹4.5 Lakhs per year
    Star Health & Allied Insurance ₹1.8 Lakhs to ₹4.5 Lakhs per year
    HDFC Ergo General Insurance ₹1.8 Lakhs to ₹2.6 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 Advisor at SBI Life Insurance Company in India?
    The salary growth for a Advisor at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Advisor can expect the following growth trajectory at SBI Life Insurance Company:

    Experience Average Salary Range
    1 year ₹1.1 Lakhs to ₹4.0 Lakhs per year
    2 years ₹1.1 Lakhs to ₹6.0 Lakhs per year
    3 years ₹1.5 Lakhs to ₹5.8 Lakhs per year
    4 years ₹2.2 Lakhs to ₹4.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    SBI Life Insurance Company Advisor salary in India ranges between ₹1.1 Lakh to ₹6.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 88 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.