SBI Life Insurance Company Bancassurance Sales Manager Salaries by 2 Employees (Updated 2025)

6 - 8 years exp.

₹4.8 Lakhs - ₹6.2 Lakhs

Low Confidence

Salary of majority employees

Interested in this particular role?

Last Updated: 13 Nov 2024

Companies similar to SBI Life Insurance Company for Bancassurance Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Bancassurance Sales Manager Salary 3 - 5 years exp. (5 salaries)	₹2.8 L/yr - ₹3.4 L/yr 43% less
HDFC Life Bancassurance Sales Manager Salary 2 - 8 years exp. (34 salaries)	₹2 L/yr - ₹7.8 L/yr 23% less
Login to view exact salary
Max Life Insurance Bancassurance Sales Manager Salary 2 - 6 years exp. (9 salaries)	₹3.1 L/yr - ₹6 L/yr 28% less
Kotak Mahindara Life Insurance Bancassurance Sales Manager Salary 2 - 9 years exp. (12 salaries)	₹3 L/yr - ₹4.9 L/yr 33% less	17 job openings
Reliance Nippon Life Insurance Bancassurance Sales Manager Salary 0 - 6 years exp. (5 salaries)	₹2.2 L/yr - ₹3.5 L/yr 51% less
Tata AIA Life Insurance Bancassurance Sales Manager Salary 0 - 8 years exp. (7 salaries)	₹3.3 L/yr - ₹6.5 L/yr 21% less
PNB MetLife Bancassurance Sales Manager Salary 1 - 3 years exp. (4 salaries)	₹2.2 L/yr - ₹3.4 L/yr 49% less
ICICI Lombard General Insurance Company Bancassurance Sales Manager Salary 4 - 11 years exp. (5 salaries)	₹4.7 L/yr - ₹6.3 L/yr 1% more
Bajaj Allianz General Insurance Bancassurance Sales Manager Salary 2 - 4 years exp. (3 salaries)	₹3.4 L/yr - ₹3.9 L/yr 34% less

Bancassurance Sales Manager salary at SBI Life Insurance Company ranges between ₹4.8 Lakhs to ₹6.2 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 2 latest salaries received from various employees of SBI Life Insurance Company.

Similar Designation salaries in SBI Life Insurance Company

Bancassurance Manager Salary

(9 salaries)

₹3 L/yr - ₹5.5 L/yr

Assistant Sales Manager Salary

(6 salaries)

₹1.88 L/yr - ₹6.5 L/yr

Associate Sales Manager Salary

(4 salaries)

₹3.1 L/yr - ₹3.75 L/yr

Business Sales Manager Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Senior Business Sales Manager Salary

(AmbitionBox Estimate)

₹6.9 L/yr - ₹8.9 L/yr

Sales Manager Salary

(84 salaries)

₹1.2 L/yr - ₹5.6 L/yr

Area Manager Salary

(216 salaries)

₹4.6 L/yr - ₹14.21 L/yr

Business Development Manager Salary

(814 salaries)

₹1.9 L/yr - ₹6.5 L/yr

Corporate Agency Manager Salary

(4 salaries)

₹3 L/yr - ₹3.59 L/yr

Deputy Cluster Manager Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Salary related reviews for SBI Life Insurance Company

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

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

Business Development Manager in Rajkot

Full Time

Sales & Business Development Department

3.0

• posted on 01 Feb 2023

2.0

for Salary and Benefits

Likes

Company culture is very bad only pressure nothing or

Dislikes

Official working days me bhi office bulate hain aur bill pay nahi karte hain personal life jaish kuchh nahi rehta hain aur morning 7:00am zoom start kar dete hain

Salary - Poor

+6 more

Senior Business Development Manager in Katni

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Apr 2022

2.0

for Salary and Benefits

Likes

Best brand in insurance sector..well known..

Skill development - Good

+4 more

Dislikes

Salary is low as per targets given by company..incentives are good but company has to think for good salary as well.. Products is not up to the mark as per market competition.

Salary - Poor

Business Development Manager in Jaipur

Full Time

Sels Department

5.0

• posted on 12 Apr 2021

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 good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

Got a question about SBI Life Insurance Company?

Ask anonymously on communities.

SBI Life Insurance Company Bancassurance Sales Manager Salary FAQs

What is the notice period for Bancassurance Sales Manager at SBI Life Insurance Company?

According to AmbitionBox, 100% of the SBI Life Insurance Company Bancassurance Sales Managers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
SBI Life Insurance Company Salaries >
SBI Life Insurance Company Bancassurance Sales Manager Salaries

SBI Life Insurance Company Bancassurance Sales Manager salary in India ranges between ₹4.8 Lakhs to ₹6.2 Lakhs. This is an estimate based on latest salaries received from employees of SBI Life Insurance Company.