SBI Life Insurance Company Indore Advisor Salaries by 4 Employees (Updated 2025)

2 - 7 years exp.

₹3 Lakhs - ₹5 Lakhs

Salary of majority employees

19% more than the average Advisor Salary in Insurance Companies for 2 - 7 years of experience

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Last Updated: 10 Dec 2024

Companies similar to SBI Life Insurance Company for Advisor in Indore

SBI Life Insurance Company Advisor Salary

2 - 7 years exp. (4 salaries)

₹3 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Advisor Salary 2 - 4 years exp. (3 salaries)	₹1.4 L/yr - ₹4.6 L/yr 32% less
Jio Advisor Salary 0 - 5 years exp. (11 salaries)	₹1 L/yr - ₹2.5 L/yr 41% less	3 job openings
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Reliance Projects & Property Management Services Advisor Salary 1 - 5 years exp. (7 salaries)	₹1.5 L/yr - ₹2.8 L/yr 38% less
Altruist Technologies Advisor Salary 0 - 2 years exp. (5 salaries)	₹1.2 L/yr - ₹3 L/yr 38% less
Reliance Industries Advisor Salary 0 - 4 years exp. (4 salaries)	₹1.4 L/yr - ₹2.3 L/yr 36% less

Advisor salary at SBI Life Insurance Company ranges between ₹3 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Advisor salaries in Indore

Last Updated: 10 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.7 L/yr
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4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.2 L/yr

View all

From

Advisor

₹

Lakhs/yr

1 - 10 years exp.

Associate Vice President

₹

Lakhs/yr

9 - 20 years exp.

Advisor 1 - 10 years exp.

Manager 3 - 20 years exp.

257% hike

Associate Vice President 9 - 20 years exp.

96% hike

From

1 more level

Advisor

1 - 10 years exp.

Senior Manager

5 - 14 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

Sales Executive Salary

(4 salaries)

₹2.5 L/yr - ₹3 L/yr

Salary related reviews for SBI Life Insurance Company

Advisor

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.

Senior Associate in New Delhi

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.

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

Work satisfaction - Poor

+2 more

Senior Associate in Jaipur

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

Senior Associate in Sultanpur

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.

Salary - Excellent

+6 more

Business Development Manager in Deoghar

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.

Salary - Poor

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

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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SBI Life Insurance Company Advisor Salary FAQs

What is the salary of Advisor at SBI Life Insurance Company Indore?

Advisor salary at SBI Life Insurance Company in Indore ranges between ₹3.0 Lakhs to ₹5.0 Lakhs for experience between 2 years to 7 years. According to our estimates it is 19% more than the average Advisor Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company Indore.

How does the salary of a Advisor at SBI Life Insurance Company Indore compare with the average salary range for this job?

The average salary of a Advisor at SBI Life Insurance Company is 19% more than the average salary of a Advisor in Indore. To know exact salary insights, login to view.

What is the salary of a Advisor in companies similar to SBI Life Insurance Company in Indore?

ICICI Lombard General Insurance Company Advisor Salary - ₹1.4 Lakhs to ₹4.6 Lakhs per year
Reliance Industries Advisor Salary - ₹1.4 Lakhs to ₹2.3 Lakhs per year
Reliance Projects & Property Management Services Advisor Salary - ₹1.5 Lakhs to ₹2.8 Lakhs per year
Altruist Technologies Advisor Salary - ₹1.2 Lakhs to ₹3.0 Lakhs per year
Jio Advisor Salary - ₹1.0 Lakhs to ₹2.5 Lakhs per year

What is the estimated take home salary of a Advisor at SBI Life Insurance Company in Indore?

The estimated take-home salary of a Advisor at SBI Life Insurance Company ranges between ₹24,046 per month to ₹25,499 per month in Indore. The take-home salary calculation is based on the average SBI Life Insurance Company Advisor salary in India which ranges between ₹3.0 Lakhs to ₹5.0 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Advisor at SBI Life Insurance Company in Indore?

According to AmbitionBox, 50% of the SBI Life Insurance Company Advisors in Indore reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Advisor Salaries in Indore

SBI Life Insurance Company Advisor salary in Indore ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.