SBI Life Insurance Company Assistant Sales Manager Salaries by 4 Employees (Updated 2025)

1 - 8 years exp.

₹1.9 Lakh - ₹8 Lakhs

Low Confidence

Salary of majority employees

13% less than the average Assistant Sales Manager Salary in Insurance Companies for 1 - 8 years of experience

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Last Updated: 2 Mar 2025

Companies similar to SBI Life Insurance Company for Assistant Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Assistant Sales Manager Salary 1 - 11 years exp. (418 salaries)	₹2.5 L/yr - ₹5.5 L/yr 14% less	5 job openings
Aditya Birla Health Insurance Co Assistant Sales Manager Salary 0 - 6 years exp. (333 salaries)	₹2.1 L/yr - ₹4 L/yr 39% less
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Axis Max Life Insurance Assistant Sales Manager Salary 1 - 8 years exp. (254 salaries)	₹2.4 L/yr - ₹5.2 L/yr 28% less
Tata AIA Life Insurance Assistant Sales Manager Salary 3 - 8 years exp. (56 salaries)	₹2.8 L/yr - ₹6 L/yr 16% less
Reliance Nippon Life Insurance Assistant Sales Manager Salary 0 - 5 years exp. (54 salaries)	₹1.8 L/yr - ₹3 L/yr 57% less
ICICI Prudential Life Insurance Assistant Sales Manager Salary 0 - 11 years exp. (43 salaries)	₹4 L/yr - ₹5.8 L/yr 16% less
Aditya Birla Sun Life Insurance Assistant Sales Manager Salary 0 - 6 years exp. (32 salaries)	₹2.5 L/yr - ₹5 L/yr 36% less
HDFC Ergo General Insurance Assistant Sales Manager Salary 1 - 8 years exp. (30 salaries)	₹2.6 L/yr - ₹5.3 L/yr 33% less
Bajaj Allianz Life Insurance Assistant Sales Manager Salary 0 - 11 years exp. (21 salaries)	₹1.8 L/yr - ₹3.5 L/yr 60% less
Star Health & Allied Insurance Assistant Sales Manager Salary 0 - 6 years exp. (21 salaries)	₹0.8 L/yr - ₹4 L/yr 69% less
PNB MetLife Assistant Sales Manager Salary 0 - 6 years exp. (16 salaries)	₹2 L/yr - ₹4.6 L/yr 44% less
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Shriram Life Insurance Assistant Sales Manager Salary 0 - 5 years exp. (12 salaries)	₹2.4 L/yr - ₹3 L/yr 52% less
Kotak Mahindara Life Insurance Assistant Sales Manager Salary 0 - 8 years exp. (11 salaries)	₹2.3 L/yr - ₹4.1 L/yr 39% less
Bajaj Allianz General Insurance Assistant Sales Manager Salary 4 - 12 years exp. (8 salaries)	₹5.8 L/yr - ₹9.1 L/yr 22% more
SBI General Insurance Assistant Sales Manager Salary 6 - 17 years exp. (7 salaries)	₹4.5 L/yr - ₹7.9 L/yr 26% more
ICICI Lombard General Insurance Company Assistant Sales Manager Salary 2 - 10 years exp. (6 salaries)	₹3.5 L/yr - ₹7.5 L/yr 5% less
MetLife Assistant Sales Manager Salary 5 - 7 years exp. (4 salaries)	₹1.8 L/yr - ₹3 L/yr 56% less
Life Insurance Corporation of India Assistant Sales Manager Salary 5 - 8 years exp. (4 salaries)	₹3.3 L/yr - ₹13 L/yr 43% more

Assistant Sales Manager salary at SBI Life Insurance Company ranges between ₹1.9 Lakh to ₹8 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Assistant Sales Manager salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹8 L/yr
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2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr

Similar Designation salaries in SBI Life Insurance Company

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₹18 L/yr - ₹30 L/yr

Territory Sales Manager Salary

(11 salaries)

₹4.87 L/yr - ₹6 L/yr

Senior Sales Manager Salary

(4 salaries)

₹3.4 L/yr - ₹4.5 L/yr

Sales Manager Salary

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₹1.2 L/yr - ₹5.6 L/yr

Regional Manager Salary

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₹30 L/yr - ₹39.09 L/yr

Business Manager Salary

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₹5.1 L/yr - ₹7.25 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹6.6 L/yr - ₹8.4 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Branch Manager Salary

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Salary related reviews for SBI Life Insurance Company

3.7

Rated by 4 employees for salary & benefits

Assistant Sales Manager in Nagpur

Finance & Accounting Department

1.0

• posted on 02 Apr 2021

2.0

for Salary and Benefits

Likes

Because I'm interested in company.Good work environment and culture.company policies are good and they give good salary and bonus every year.

Dislikes

Because there is a lot of politics and the management doesn't address our issues.salary us decent but career growth is slow.on the job training is not given to new jionees.

Salary - Poor

+5 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.

Business Development Executive in Gangtok

Full Time

Marketing & Communication Department

4.0

• posted on 13 Sep 2023

5.0

for Salary and Benefits

Likes

very good company with good oppurtunities and good pay

Salary - Excellent

+4 more

Dislikes

management is not so good,specially our managers always threatning for resign and salary hold.company needs to fix this kind of problems for their employee to work with full motivation

Job security - Poor

Senior Business Development Executive in Ongole

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 Jun 2023

2.0

for Salary and Benefits

Likes

No positive to tell company not good salary not good supporting staff.

Dislikes

Treating very cheap to front line employees(Field workers).and also no support to superior s.. always blamed for front line employees.

Salary - Poor

+4 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SBI Life Insurance Company Assistant Sales Manager Salary FAQs

What is the salary of Assistant Sales Manager at SBI Life Insurance Company ?

The average salary of a Assistant Sales Manager at SBI Life Insurance Company in India typically ranges from ₹1.9 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Assistant Sales Manager at SBI Life Insurance Company earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Assistant Sales 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 4 SBI Life Insurance Company employees in India.

What is the estimated take home salary of a Assistant Sales Manager at SBI Life Insurance Company in India?

The estimated take-home salary of a Assistant Sales Manager at SBI Life Insurance Company in India typically ranges from ₹41,036 to ₹42,186 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹8.0 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 4 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 Assistant Sales Manager in India?

Life Insurance Corporation of India	₹3.3 Lakhs to ₹13.0 Lakhs per year
SBI General Insurance	₹4.5 Lakhs to ₹7.9 Lakhs per year
Bajaj Allianz General Insurance	₹5.8 Lakhs to ₹9.1 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 Assistant Sales Manager in companies similar to SBI Life Insurance Company in India?

The salary of a Assistant Sales Manager 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:

ICICI Lombard General Insurance Company	₹3.5 Lakhs to ₹7.5 Lakhs per year
HDFC Life	₹2.5 Lakhs to ₹5.5 Lakhs per year
Tata AIA Life Insurance	₹2.8 Lakhs to ₹6.0 Lakhs per year
ICICI Prudential Life Insurance	₹4.0 Lakhs to ₹5.8 Lakhs per year
Axis Max Life Insurance	₹2.4 Lakhs to ₹5.2 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 Assistant Sales Manager at SBI Life Insurance Company in India?

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

Experience	Average Salary Range
1 year	₹2.7 Lakhs to ₹8.0 Lakhs per year
2 years	₹1.9 Lakhs to ₹5.0 Lakhs per year

and so on.

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SBI Life Insurance Company Assistant Sales Manager Salaries

SBI Life Insurance Company Assistant Sales Manager salary in India ranges between ₹1.9 Lakh to ₹8 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.