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SBI Life Insurance Company

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3.8

based on 3.6k Reviews

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SBI Life Insurance Company AVP salaries in Bangalore / Bengaluru

Annual salary range
14 - 16 years exp.
₹11.3 Lakhs - ₹13.7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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56% less than the average AVP Salary in Insurance Companies for 14 - 16 years of experience

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Last Updated: 22 Feb 2024

Companies similar to SBI Life Insurance Company for AVP in Bangalore / Bengaluru

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SBI Life Insurance Company AVP Salary

14 - 16 years exp. (3 salaries)
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₹11.3 L/yr - ₹13.7 L/yr

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 1 job opening
AVP salary at SBI Life Insurance Company ranges between ₹11.3 Lakhs to ₹13.7 Lakhs per year for employees with experience between 14 years to 16 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company AVP in Bangalore / Bengaluru

10mo ago
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16 years exp.
1y ago
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14 years exp.
1y ago
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15 years exp.

Experience wise SBI Life Insurance Company AVP salaries in Bangalore / Bengaluru

Last Updated: 22 Feb 2024

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

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₹11.3 L/yr - ₹23.9 L/yr
15+ years (AmbitionBox Estimate)

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₹11.3 L/yr - ₹22.9 L/yr

Similar Designation salaries in SBI Life Insurance Company

Senior Associate Salary
(32 salaries)
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₹2.8 L/yr - ₹5.3 L/yr
Area Manager Salary
(26 salaries)
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₹7.5 L/yr - ₹13.3 L/yr
Business Development Executive Salary
(17 salaries)
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₹2 L/yr - ₹3.6 L/yr
Operations Associate Salary
(9 salaries)
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₹2 L/yr - ₹3.2 L/yr
BDM Salary
(7 salaries)
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₹3 L/yr - ₹6.5 L/yr
Associate Vice President Salary
(6 salaries)
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₹18.5 L/yr - ₹36 L/yr
Sales Executive Salary
(3 salaries)
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₹2 L/yr - ₹4.7 L/yr
Unit Manager Salary
(3 salaries)
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₹3 L/yr - ₹3.5 L/yr
Sales Support Associate Salary
(3 salaries)
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₹1.8 L/yr - ₹3.5 L/yr

Salary related reviews for SBI Life Insurance Company

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Rated by 1 employees for salary & benefits

Sales Support Associate in Kishanganj

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

Management Trainee in Kolkata

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 02 Nov 2023
4.0
 for  Salary and Benefits

Likes

Salary and benefits are supportive.

Dislikes

No work life balance. The sales team pushes things like hell specially in the eastern region of the country. Third Saturday is a leave according to the company's leave policies but we don't get that leave.

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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

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

read more

BDM in Salem

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 06 Nov 2023
1.0
 for  Salary and Benefits

Likes

...east HRs are doing basic work means many candidates carrier will not get spoil. My only suggestion for HRs in SBI life is please do the basic job for the salary what you are earning if not means don't purchase food or groceries for their family in that salary money

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Dislikes

Manager , Management, HR in India Bank bancassurance channel if anyone joins in SBI life means carrier will lost. Please ask those who are currently working in SBI life too

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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.

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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
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Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?
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SBI Life Insurance Company AVP Salary FAQs

What is the notice period for AVP at SBI Life Insurance Company in Bangalore / Bengaluru?
According to AmbitionBox, 100% of the SBI Life Insurance Company AVPs in Bangalore / Bengaluru reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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SBI Life Insurance Company AVP salary in Bangalore / Bengaluru ranges between ₹11.3 Lakhs to ₹13.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.