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SBI Life Insurance Company Bank Manager salaries in India

Annual salary range
1 - 2 years exp.
₹1 Lakh - ₹4.5 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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70% less than the average Bank Manager Salary in Insurance Companies for 1 - 2 years of experience

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Last Updated: 2 Jul 2024

Companies similar to SBI Life Insurance Company for Bank Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Bank Manager Salary

0 - 5 years exp. (3 salaries)

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₹2.1 L/yr - ₹3.5 L/yr

arrow icon 7% more
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SBI General Insurance Bank Manager Salary

0 - 1 year exp. (4 salaries)

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₹1 L/yr - ₹5 L/yr

arrow icon 34% more
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₹4 L/yr - ₹9 L/yr

arrow icon 120% more
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ICICI Bank Bank Manager Salary

0 - 15 years exp. (71 salaries)

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₹2.7 L/yr - ₹12 L/yr

arrow icon 186% more
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Bandhan Bank Bank Manager Salary

2 - 13 years exp. (64 salaries)

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₹1.8 L/yr - ₹6.2 L/yr

arrow icon 40% more
Bank Manager salary at SBI Life Insurance Company ranges between ₹1 Lakh to ₹4.5 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Bank Manager

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1 year exp.
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2 years exp.
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1 year exp.
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1 year exp.

Experience wise SBI Life Insurance Company Bank Manager salaries

Last Updated: 2 Jul 2024

Experience Avg Annual Salary
1 year  (4 salaries)

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₹1 L/yr - ₹4.5 L/yr
2 years (AmbitionBox Estimate)

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₹0.7 L/yr - ₹2 L/yr

Similar Designation salaries in SBI Life Insurance Company

Branch Manager Salary
(166 salaries)
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₹6.5 L/yr - ₹15 L/yr
Sales Manager Salary
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₹2.05 L/yr - ₹5.6 L/yr
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₹3.5 L/yr - ₹10 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
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₹15.8 L/yr - ₹20.2 L/yr
Deputy Manager Salary
(39 salaries)
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₹2.4 L/yr - ₹8.5 L/yr
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₹3.75 L/yr - ₹15.15 L/yr
Branch Head Salary
(26 salaries)
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₹6 L/yr - ₹15 L/yr
Sales Officer Salary
(101 salaries)
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₹1.8 L/yr - ₹3.8 L/yr
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₹5 L/yr - ₹13 L/yr
Team Lead Salary
(12 salaries)
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₹2.3 L/yr - ₹4.8 L/yr

Salary related reviews for SBI Life Insurance Company

1.0

Rated by 1 employees for salary & benefits

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.

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.

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BFSI, Investments & Trading Department

3.0
  •  posted on 18 Jun 2020

3.0
 for  Salary and Benefits

Likes

Salary hike 3 to 5 % per year.Providing petrol exp and telephone exp based on cader.

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Dislikes

Lot of politics, no HR Control , career growth is slow, induction training will not conducted in proper time. No value and respect for out Commer. High volume pressure on target and mental irritation. No any value addition from reporting manager.

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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.

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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.

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Full Time

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BFSI, Investments & Trading Department

2.0
  •  posted on 18 Oct 2023

1.0
 for  Salary and Benefits

Likes

...R profile like a puppet.Every single decesion are managed by higher authorities. No work and life balance, salary are on time but no increment very pathetic salary structure. No self respect. No work time. No emotion . Daily pressure. Vary vary bad 😭

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Dislikes

Every thing Accept salary on time

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 23 Mar 2024

2.0
 for  Salary and Benefits

Likes

SBI LIFE company one of d best Lerner and advance business development company. I learnt about recruitment, business development, product knowledge, proper training, market identification, prospect screening everything... This base given me stronger now make my leadership skills, culture is very good, supportive operation staff, digital marketing services also digital payment security is one of d best function. I like learning, build relationships with my team, products and culture.

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Dislikes

It's issue about low salary, holiday weekend not allowed, some seniors behaviour very rude and harrasment. Company HR not responded after leaving job, some manager HR not understanding what is situation about employee. Very badly speak in front of our team, ts hurt.

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SBI Life Insurance Company Bank Manager Salary FAQs

What is the salary of Bank Manager at SBI Life Insurance Company?
Bank Manager salary at SBI Life Insurance Company in India ranges between ₹1.0 Lakhs to ₹4.5 Lakhs for experience between 1 years to 2 years. According to our estimates it is 70% less than the average Bank Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Bank Manager at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Bank Manager at SBI Life Insurance Company is 70% less than the average salary of a Bank Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Bank Manager in India?
  • ICICI Bank Bank Manager Salary - ₹2.7 Lakhs to ₹12.0 Lakhs per year
  • ICICI Lombard General Insurance Company Bank Manager Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year
  • Bandhan Bank Bank Manager Salary - ₹1.8 Lakhs to ₹6.2 Lakhs per year
  • SBI General Insurance Bank Manager Salary - ₹1.0 Lakhs to ₹5.0 Lakhs per year
  • HDFC Life Bank Manager Salary - ₹2.1 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Bank Manager at SBI Life Insurance Company in India?
The estimated take-home salary of a Bank Manager at SBI Life Insurance Company ranges between ₹18,465 per month to ₹20,151 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Bank Manager salary in India which ranges between ₹1.0 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?
What is the notice period for Bank Manager at SBI Life Insurance Company?
According to AmbitionBox, 70% of the SBI Life Insurance Company Bank Managers reported a notice period of 15 days or less, 10% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Bank Manager salary in India ranges between ₹1 Lakh to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.