Upload Button Icon Add office photos
filter salariesFilter salaries by

SBI Life Insurance Company Agent salaries in India

Annual salary range
1 - 8 years exp.
₹1 Lakh - ₹7 Lakhs
Salary of majority employees
unlock blur
unlock blur

12% more than the average Agent Salary in Insurance Companies for 1 - 8 years of experience

Interested in this particular role?

Salaries in different departments

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

₹1.5 L/yr - ₹3.5 L/yr

Sales & Business Development
Agent Salary
2 - 8 years exp. (3 salaries)
unlock-blur

₹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
Logo
HDFC Life Agent Salary

0 - 4 years exp. (12 salaries)

unlock blur

₹1.2 L/yr - ₹5 L/yr

arrow icon 7% less
Logo
ICICI Prudential Life Insurance Agent Salary

0 - 7 years exp. (9 salaries)

unlock blur

₹1.5 L/yr - ₹3.5 L/yr

arrow icon 14% less
Logo
Axis Max Life Insurance Agent Salary

0 - 7 years exp. (25 salaries)

unlock blur

₹1.9 L/yr - ₹5 L/yr

arrow icon 28% more
Logo
Bajaj Allianz Life Insurance Agent Salary

1 - 5 years exp. (7 salaries)

unlock blur

₹1.2 L/yr - ₹4.2 L/yr

arrow icon 14% less
Logo
Kotak Mahindara Life Insurance Agent Salary

0 - 5 years exp. (6 salaries)

unlock blur

₹1 L/yr - ₹2.1 L/yr

arrow icon 26% less
Logo
Tata AIA Life Insurance Agent Salary

0 - 5 years exp. (6 salaries)

unlock blur

₹1 L/yr - ₹6 L/yr

arrow icon 2% more
Logo
Reliance Nippon Life Insurance Agent Salary

3 - 7 years exp. (4 salaries)

unlock blur

₹2.3 L/yr - ₹2.4 L/yr

arrow icon 20% less
Logo
Bharti AXA Life Insurance Agent Salary

1 - 3 years exp. (3 salaries)

unlock blur

₹1.5 L/yr - ₹2.6 L/yr

arrow icon 22% less
Logo
PNB MetLife Agent Salary

0 - 3 years exp. (4 salaries)

unlock blur

₹0.6 L/yr - ₹2.5 L/yr

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

1 - 10 years exp. (142 salaries)

unlock blur

₹0.7 L/yr - ₹7 L/yr

arrow icon 11% less
Logo
United India Insurance Company Agent Salary

0 - 7 years exp. (18 salaries)

unlock blur

₹0.2 L/yr - ₹5 L/yr

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

0 - 7 years exp. (12 salaries)

unlock blur

₹1.1 L/yr - ₹4.1 L/yr

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

1 - 7 years exp. (10 salaries)

unlock blur

₹1.8 L/yr - ₹8 L/yr

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

3 - 8 years exp. (5 salaries)

unlock blur

₹2 L/yr - ₹5.4 L/yr

arrow icon 10% more
Logo
SBI General Insurance Agent Salary

1 - 3 years exp. (4 salaries)

unlock blur

₹1.2 L/yr - ₹4 L/yr

arrow icon 39% less
Logo
HDFC Ergo General Insurance Agent Salary

3 - 5 years exp. (4 salaries)

unlock blur

₹2.1 L/yr - ₹3.5 L/yr

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

2 - 5 years exp. (3 salaries)

unlock blur

₹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

2mo ago
avg blur mobile
3 years exp.
2mo ago
avg blur mobile
3 years exp.
2mo ago
avg blur mobile
3 years exp.
5mo ago
avg blur mobile
2 years exp.
8mo ago
avg blur mobile
3 years exp.
9mo ago
avg blur mobile
8 years exp.
1y ago
avg blur mobile
7 years exp.
1y ago
avg blur mobile
6 years exp.
1y ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
5 years exp.

Experience wise SBI Life Insurance Company Agent salaries

Last Updated: 20 Nov 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

unlock blur

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

unlock blur

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

unlock blur

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

unlock blur

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

unlock blur

₹1.8 L/yr - ₹5.2 L/yr
View all

Similar Designation salaries in SBI Life Insurance Company

Analyst Salary
(4 salaries)
unlock blur
₹4.2 L/yr - ₹7.95 L/yr
Team Lead Salary
(14 salaries)
unlock blur
₹2.3 L/yr - ₹6 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
Senior Associate Salary
(539 salaries)
unlock blur
₹2.3 L/yr - ₹6.8 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 Care Executive Salary
(AmbitionBox Estimate)
unlock blur
₹1.7 L/yr - ₹2.2 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

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

Discover interview dos and don'ts from real experiences

SBI Life Insurance Company Agent Salary FAQs

What is the salary of Agent at SBI Life Insurance Company ?
The average salary of a Agent at SBI Life Insurance Company in India typically ranges from ₹1.0 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Agent at SBI Life Insurance Company earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Agent 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 10+ SBI Life Insurance Company employees in India.
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 in India typically ranges from ₹20,417 to ₹22,074 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 1 year to 8 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 10+ 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 Agent in India?
Axis Max Life Insurance ₹1.9 Lakhs to ₹5.0 Lakhs per year
The Oriental Insurance Co. ₹2.0 Lakhs to ₹5.4 Lakhs per year
The New India Assurance Co. ₹1.8 Lakhs to ₹8.0 Lakhs per year
Tata AIA Life Insurance ₹1.0 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 Agent in companies similar to SBI Life Insurance Company in India?
The salary of a Agent 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:

HDFC Life ₹1.2 Lakhs to ₹5.0 Lakhs per year
Life Insurance Corporation of India ₹0.7 Lakhs to ₹7.0 Lakhs per year
Bajaj Allianz Life Insurance ₹1.2 Lakhs to ₹4.2 Lakhs per year
Star Health & Allied Insurance ₹1.1 Lakhs to ₹4.1 Lakhs per year
ICICI Prudential Life Insurance ₹1.5 Lakhs to ₹3.5 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 Agent at SBI Life Insurance Company in India?
The salary growth for a Agent at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Agent can expect the following growth trajectory at SBI Life Insurance Company:

Experience Average Salary Range
1 year ₹1.5 Lakhs to ₹5.1 Lakhs per year
2 years ₹1.5 Lakhs to ₹5.1 Lakhs per year
3 years ₹2.0 Lakhs to ₹7.0 Lakhs per year
4 years ₹1.0 Lakhs to ₹3.5 Lakhs per year
and so on.

Tell us how to improve this page.

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.