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SBI Life Insurance Company Agent salaries in India

Annual salary range
1 - 8 years exp.
₹1 Lakh - ₹7 Lakhs
Salary of majority employees
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12% more than the average Agent Salary in Insurance Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Agent Salary
1 - 7 years exp. (7 salaries)
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₹1.5 L/yr - ₹3.5 L/yr

Sales & Business Development
Agent Salary
2 - 8 years exp. (3 salaries)
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₹2.4 L/yr - ₹2.8 L/yr

Last Updated: 20 Nov 2024

Companies similar to SBI Life Insurance Company for Agent

Company name Avg Annual Salary Open Jobs
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HDFC Life Agent Salary

0 - 3 years exp. (12 salaries)

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₹1.2 L/yr - ₹5 L/yr

arrow icon 7% less
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ICICI Prudential Life Insurance Agent Salary

0 - 7 years exp. (9 salaries)

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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 14% less
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Axis Max Life Insurance Agent Salary

0 - 7 years exp. (25 salaries)

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₹1.9 L/yr - ₹5 L/yr

arrow icon 20% more
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Bajaj Allianz Life Insurance Agent Salary

1 - 5 years exp. (7 salaries)

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₹1.2 L/yr - ₹4.2 L/yr

arrow icon 14% less
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Kotak Mahindara Life Insurance Agent Salary

0 - 5 years exp. (6 salaries)

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₹1 L/yr - ₹2.1 L/yr

arrow icon 26% less
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Tata AIA Life Insurance Agent Salary

0 - 5 years exp. (6 salaries)

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₹1 L/yr - ₹6 L/yr

arrow icon 2% more
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Reliance Nippon Life Insurance Agent Salary

3 - 6 years exp. (4 salaries)

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₹2.3 L/yr - ₹2.4 L/yr

arrow icon 20% less
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Bharti AXA Life Insurance Agent Salary

1 - 3 years exp. (3 salaries)

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₹1.5 L/yr - ₹2.6 L/yr

arrow icon 22% less
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PNB MetLife Agent Salary

0 - 3 years exp. (4 salaries)

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₹0.6 L/yr - ₹2.5 L/yr

arrow icon 59% less
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Life Insurance Corporation of India Agent Salary

1 - 10 years exp. (179 salaries)

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₹0.7 L/yr - ₹7 L/yr

arrow icon 8% less
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United India Insurance Company Agent Salary

0 - 7 years exp. (18 salaries)

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₹0.2 L/yr - ₹5 L/yr

arrow icon 26% less
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Star Health & Allied Insurance Agent Salary

0 - 6 years exp. (12 salaries)

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₹1.1 L/yr - ₹4.1 L/yr

arrow icon 14% less
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The New India Assurance Co. Agent Salary

1 - 6 years exp. (10 salaries)

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₹1.8 L/yr - ₹8 L/yr

arrow icon 9% more
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The Oriental Insurance Co. Agent Salary

3 - 8 years exp. (5 salaries)

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₹2 L/yr - ₹5.4 L/yr

arrow icon 10% more
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SBI General Insurance Agent Salary

1 - 2 years exp. (4 salaries)

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₹1.2 L/yr - ₹4 L/yr

arrow icon 39% less
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HDFC Ergo General Insurance Agent Salary

3 - 4 years exp. (4 salaries)

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₹2.1 L/yr - ₹3.5 L/yr

arrow icon 18% less
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Aditya Birla Sun Life Insurance Agent Salary

2 - 4 years exp. (3 salaries)

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₹1 L/yr - ₹7 L/yr

arrow icon 23% less
Agent salary at SBI Life Insurance Company ranges between ₹1 Lakh to ₹7 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 18 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Agent

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3 years exp.
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7 years exp.
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Experience wise SBI Life Insurance Company Agent salaries

Last Updated: 20 Nov 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.5 L/yr - ₹5.1 L/yr
2 years  (5 salaries)

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₹1.5 L/yr - ₹5.1 L/yr
3 years  (5 salaries)

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₹2 L/yr - ₹7 L/yr
4 years (AmbitionBox Estimate)

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₹1 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹5.2 L/yr
View all

Similar Designation salaries in SBI Life Insurance Company

Analyst Salary
(4 salaries)
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₹4.2 L/yr - ₹7.95 L/yr
Team Lead Salary
(15 salaries)
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₹2.3 L/yr - ₹6 L/yr
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₹3.8 L/yr - ₹4.5 L/yr
Sales Executive Salary
(56 salaries)
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₹1 L/yr - ₹4.7 L/yr
Senior Associate Salary
(538 salaries)
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₹2.3 L/yr - ₹6.75 L/yr
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₹1.2 L/yr - ₹3.5 L/yr
Data Entry Operator Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr
Customer Care Executive Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
Customer Service Advisor Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr
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₹1.2 L/yr - ₹2.1 L/yr
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Salary related reviews for SBI Life Insurance Company

4.5

Rated by 8 employees for salary & benefits

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

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 17 Jan 2024

1.0
 for  Salary and Benefits

Likes

Even though the salary in this company is very less as per the work, the salary is paid on time.

read more

Dislikes

In today's times, it is important to work to support my family properly, hence I give my 100% to this company so that someday my salary will increase but after working for more than 1 year, I am realizing that It is very difficult to move forward, here we have to work till late night due to which we are not able to give time to our family, and even after doing so much work, we get very low salary so that I cannot support my family properly. I don't know how to do it, even after working for more than 14 hours every day, I don't get any bonus also.

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

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SBI Life Insurance Company Agent Salary FAQs

What is the salary of Agent at SBI Life Insurance Company?
Agent salary at SBI Life Insurance Company in India ranges between ₹1.0 Lakhs to ₹7.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 12% more than the average Agent Salary in India. Salary estimates are based on 18 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Agent at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Agent at SBI Life Insurance Company is 12% more than the average salary of a Agent in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Agent in India?
  • Axis Max Life Insurance Agent Salary - ₹1.9 Lakhs to ₹5.0 Lakhs per year
  • The Oriental Insurance Co. Agent Salary - ₹2.0 Lakhs to ₹5.4 Lakhs per year
  • The New India Assurance Co. Agent Salary - ₹1.8 Lakhs to ₹8.0 Lakhs per year
  • Tata AIA Life Insurance Agent Salary - ₹1.0 Lakhs to ₹6.0 Lakhs per year
What is the salary of a Agent in companies similar to SBI Life Insurance Company in India?
  • HDFC Life Agent Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
  • Life Insurance Corporation of India Agent Salary - ₹0.7 Lakhs to ₹7.0 Lakhs per year
  • Bajaj Allianz Life Insurance Agent Salary - ₹1.2 Lakhs to ₹4.2 Lakhs per year
  • Star Health & Allied Insurance Agent Salary - ₹1.1 Lakhs to ₹4.1 Lakhs per year
  • ICICI Prudential Life Insurance Agent Salary - ₹1.5 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Agent at SBI Life Insurance Company in India?
The estimated take-home salary of a Agent at SBI Life Insurance Company ranges between ₹20,417 per month to ₹22,074 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Agent salary in India which ranges between ₹1.0 Lakhs to ₹7.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Agent at SBI Life Insurance Company?
According to AmbitionBox, 71% of the SBI Life Insurance Company Agents reported a notice period of 15 days or less, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Agent salary in India ranges between ₹1 Lakh to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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