SBI Life Insurance Company New Delhi Agency Manager Salaries by 40+ Employees (Updated 2025)

1 - 13 years exp.

₹3.3 Lakhs - ₹4.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

17% more than the average Agency Manager Salary in Insurance Companies for 1 - 13 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development Agency Manager Salary 4 - 12 years exp. (15 salaries)	₹3.8 L/yr - ₹4.6 L/yr
BFSI, Investments & Trading Agency Manager Salary 2 - 13 years exp. (14 salaries)	₹3.3 L/yr - ₹4.5 L/yr
Login to view exact salary
Finance & Accounting Agency Manager Salary 3 - 9 years exp. (5 salaries)	₹3.3 L/yr - ₹4.6 L/yr
Marketing & Communication Agency Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹4.5 L/yr

Last Updated: 10 Mar 2025

Companies similar to SBI Life Insurance Company for Agency Manager in New Delhi

SBI Life Insurance Company Agency Manager Salary

1 - 13 years exp. (40 salaries)

₹3.3 L/yr - ₹4.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Health Insurance Co Agency Manager Salary 0 - 8 years exp. (23 salaries)	₹2.7 L/yr - ₹3.8 L/yr 22% less
Axis Max Life Insurance Agency Manager Salary 2 - 12 years exp. (22 salaries)	₹3.5 L/yr - ₹6 L/yr 7% more
Login to view exact salary
ICICI Prudential Life Insurance Agency Manager Salary 2 - 8 years exp. (16 salaries)	₹2.7 L/yr - ₹5 L/yr 4% less
Aditya Birla Sun Life Insurance Agency Manager Salary 0 - 5 years exp. (13 salaries)	₹2.1 L/yr - ₹2.7 L/yr 36% less
Star Health & Allied Insurance Agency Manager Salary 0 - 9 years exp. (7 salaries)	₹3 L/yr - ₹3.6 L/yr 16% less
HDFC Ergo General Insurance Agency Manager Salary 1 - 8 years exp. (5 salaries)	₹2.9 L/yr - ₹5.1 L/yr At par
HDFC Life Agency Manager Salary 5 - 7 years exp. (5 salaries)	₹4 L/yr - ₹5.5 L/yr 2% more	1 job opening
Life Insurance Corporation of India Agency Manager Salary 3 - 8 years exp. (4 salaries)	₹2.5 L/yr - ₹3.6 L/yr 27% less
Shriram Life Insurance Agency Manager Salary 11 - 13 years exp. (3 salaries)	₹2.4 L/yr - ₹4 L/yr 26% less

Agency Manager salary at SBI Life Insurance Company ranges between ₹3.3 Lakhs to ₹4.6 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 40 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Agency Manager in New Delhi

3w ago

₹4.3 Lakhs

10 years exp.

1mo ago

₹4.5 Lakhs

7 years exp.

5mo ago

₹4.6 Lakhs

9 years exp.

5mo ago

₹3.5 Lakhs

7 years exp.

6mo ago

₹4 Lakhs

6 years exp.

7mo ago

9 years exp.

7mo ago

9 years exp.

8mo ago

3 years exp.

1y ago

6 years exp.

1y ago

7 years exp.

Experience wise SBI Life Insurance Company Agency Manager salaries in New Delhi

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
2 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
Login to view exact salary
3 years (4 salaries)	₹3.3 L/yr - ₹4.5 L/yr
4 years (7 salaries)	₹3.3 L/yr - ₹4.6 L/yr
5 years (6 salaries)	₹3.8 L/yr - ₹4.6 L/yr
6 years (6 salaries)	₹3.5 L/yr - ₹4.4 L/yr
7 years (4 salaries)	₹3.5 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
9 years (3 salaries)	₹3.5 L/yr - ₹4.6 L/yr
10 years (3 salaries)	₹4 L/yr - ₹4.4 L/yr
11 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
12 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
13 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr

View all

From

Agency Manager

₹

Lakhs/yr

1 - 13 years exp.

Senior Branch Manager

₹

Lakhs/yr

10 - 22 years exp.

Agency Manager

1 - 13 years exp.

Senior Agency Manager

3 - 12 years exp.

15% hike

Assistant Branch Sales Manager

8 - 15 years exp.

33% hike

From

View 3 more levels

Agency Manager

1 - 13 years exp.

Divisional Sales Manager

11 - 20 years exp.

From

View 2 more levels

Agency Manager

1 - 13 years exp.

Associate Branch Manager

3 - 20 years exp.

From

View 3 more levels

Agency Manager

1 - 13 years exp.

Divisional Manager

13 - 25 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

Area Manager Salary

(24 salaries)

₹6.05 L/yr - ₹12.5 L/yr

Branch Manager Salary

(6 salaries)

₹7.5 L/yr - ₹12.5 L/yr

Territory Manager Salary

(5 salaries)

₹5.25 L/yr - ₹6 L/yr

Marketing Manager Salary

(3 salaries)

₹4 L/yr - ₹10.98 L/yr

Top skills at SBI Life Insurance Company for Agency Manager

Marketing Sales Planning Business Development Sales Tied Channel Life Insurance FMCG Sales Insurance Sales Customer Relationship Team Building Leadership Skills Pharmaceutical Sales Telecom Sales Retail Sales Agency Sales

Salary related reviews for SBI Life Insurance Company

4.7

Rated by 5 employees for salary & benefits

Agency Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

1.0

• posted on 27 Jun 2023

1.0

for Salary and Benefits

Likes

Good organisation for learning Training provide by that organisation is very good Customer service is nice Chain of branch is very good..

Skill development - Good

Dislikes

...ale without competition Senior manager always gives pressure to unit manager.. They earn 6 digit salary and lower staff salary is only 20k... promote product Boucher to investment own money...mea If you join that organisation get ready for so much pressure with low salary

Salary - Bad

+5 more

Agency Manager in Dharamshala

Human Resources Department

5.0

• posted on 25 May 2022

5.0

for Salary and Benefits

Likes

Job security depends on your working If u are doing well on all parameters your job is secured company is employees oriented salary hike is only on your promotion

Salary - Excellent

+6 more

Dislikes

Management is good salary hike is depend on your promotion that is the major problem in this company career growth is depends upon your promotion. And training is given by the company on all parameters

Agency Manager in Bilaspur

Sales & Business Development Department

5.0

• posted on 02 Apr 2020

2.0

for Salary and Benefits

Likes

SBI life Insurance is a very good company regarding salary growth working environment learning but politics is overwhelming in this company your long time survival depends allways on the bosses will' that should be taken care by the company. what is review? it's is kind of where you are lacking and where should improve but Review means here do or die. perform or perish.in this way sbi is loosing Good hardworking and skillful workers.

Work-life balance - Good

Dislikes

everything is ok in sbi there is to much of review

Salary - Poor

+2 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

Area Sales Manager in Vijayawada

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 05 Aug 2023

5.0

for Salary and Benefits

Likes

I am so Proud to say Working this organisation last 4years. i got a two promotions last two years.

Salary - Excellent

+6 more

Dislikes

I expecting Long time Vintage Employes Expect Minimum Salary hike. because Now a days out side companies giving a more salary hikes Vintage persons so Our Company giving a minimum hikes of Vintage Employes it will so benefit and no one live Our Company.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about SBI Life Insurance Company?

Ask anonymously on communities.

SBI Life Insurance Company Agency Manager Salary FAQs

What is the salary of Agency Manager at SBI Life Insurance Company in New Delhi?

The average salary of a Agency Manager at SBI Life Insurance Company in New Delhi typically ranges from ₹3.3 Lakhs to ₹4.6 Lakhs per year, depending on experience (from 1 year to 13 years).

The top 10% of Agency Manager in New Delhi at SBI Life Insurance Company earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.6 Lakhs per year. Agency Manager 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 40+ SBI Life Insurance Company employees in India.

What is the estimated take home salary of a Agency Manager at SBI Life Insurance Company in New Delhi?

The estimated take-home salary of a Agency Manager at SBI Life Insurance Company in New Delhi typically ranges from ₹30,447 to ₹31,755 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹4.6 Lakhs per year for employees with experience ranging from 1 year to 13 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 40+ salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Agency Manager at SBI Life Insurance Company in New Delhi?

To be a Agency Manager at SBI Life Insurance Company in New Delhi, the key skills required include:

- Marketing
- Sales Planning
- Business Development
- Sales
- Tied Channel

These skills are highly valued at SBI Life Insurance Company and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than SBI Life Insurance Company for Agency Manager in India?

Axis Max Life Insurance	₹3.5 Lakhs to ₹6.0 Lakhs per year
HDFC Life	₹4.0 Lakhs to ₹5.5 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 Agency Manager in companies similar to SBI Life Insurance Company in New Delhi?

The salary of a Agency Manager at companies similar to SBI Life Insurance Company in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Ergo General Insurance	₹2.9 Lakhs to ₹5.1 Lakhs per year
ICICI Prudential Life Insurance	₹2.7 Lakhs to ₹5.0 Lakhs per year
Star Health & Allied Insurance	₹3.0 Lakhs to ₹3.6 Lakhs per year
Aditya Birla Health Insurance Co	₹2.7 Lakhs to ₹3.8 Lakhs per year
Shriram Life Insurance	₹2.4 Lakhs to ₹4.0 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 Agency Manager at SBI Life Insurance Company in New Delhi?

The salary growth for a Agency Manager at SBI Life Insurance Company in New Delhi depends on factors such as experience, performance, and promotions. On average, a Agency Manager in New Delhi can expect the following growth trajectory at SBI Life Insurance Company:

Experience	Average Salary Range
1 year	₹3.7 Lakhs to ₹4.7 Lakhs per year
2 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
3 years	₹3.3 Lakhs to ₹4.5 Lakhs per year
4 years	₹3.3 Lakhs to ₹4.6 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
SBI Life Insurance Company Salaries >
SBI Life Insurance Company Agency Manager Salaries >
SBI Life Insurance Company Agency Manager Salaries in New Delhi

SBI Life Insurance Company Agency Manager salary in New Delhi ranges between ₹3.3 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 40 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Agency Manager salaries in New Delhi (Updated 2025)

Companies similar to SBI Life Insurance Company for Agency Manager in New Delhi

Latest annual salaries shared by SBI Life Insurance Company Agency Manager in New Delhi

Experience wise SBI Life Insurance Company Agency Manager salaries in New Delhi

Similar Designation salaries in SBI Life Insurance Company

Top skills at SBI Life Insurance Company for Agency Manager

Salary related reviews for SBI Life Insurance Company

Agency Manager in Hyderabad / Secunderabad

Agency Manager in Dharamshala

Agency Manager in Bilaspur

Business Development Manager in Deoghar

Area Sales Manager in Vijayawada

SBI Life Insurance Company Agency Manager Salary FAQs

Tell us how to improve this page.