SBI Life Insurance Company Bank Manager Salaries by 5 Employees (Updated 2025)

1 - 2 years exp.

₹1 Lakh - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

72% 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
HDFC Life Bank Manager Salary 0 - 5 years exp. (3 salaries)	₹2.1 L/yr - ₹3.5 L/yr 7% more
SBI General Insurance Bank Manager Salary 0 - 1 year exp. (4 salaries)	₹1 L/yr - ₹5 L/yr 34% more
Login to view exact salary
ICICI Lombard General Insurance Company Bank Manager Salary 0 - 5 years exp. (4 salaries)	₹4 L/yr - ₹9 L/yr 120% more
Bandhan Bank Bank Manager Salary 2 - 18 years exp. (75 salaries)	₹1.7 L/yr - ₹7.7 L/yr 67% more
ICICI Bank Bank Manager Salary 0 - 11 years exp. (60 salaries)	₹2.7 L/yr - ₹10.8 L/yr 152% 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.

Experience wise SBI Life Insurance Company Bank Manager salaries

Last Updated: 2 Jul 2024

Experience	Avg Annual Salary
1 year (4 salaries)	₹1 L/yr - ₹4.5 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹2 L/yr

Similar Designation salaries in SBI Life Insurance Company

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Salary related reviews for SBI Life Insurance Company

1.0

Rated by 1 employees for salary & benefits

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.

Branch Manager in Kumta

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.

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.

Job security - Bad

+4 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

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.

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.

Salary - Bad

+4 more

Development Manager in Jhargram

Full Time

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 😭

Job security - Good

+1 more

Dislikes

Every thing Accept salary on time

Salary - Bad

+4 more

see more salary related reviews

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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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 72% 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 72% 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 ₹10.8 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 - ₹1.7 Lakhs to ₹7.7 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, 63% of the SBI Life Insurance Company Bank Managers reported a notice period of 15 days or less, 12% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Bank Manager Salaries

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

SBI Life Insurance Company Bank Manager salaries in India

Companies similar to SBI Life Insurance Company for Bank Manager

Latest annual salaries shared by SBI Life Insurance Company Bank Manager

Experience wise SBI Life Insurance Company Bank Manager salaries

Similar Designation salaries in SBI Life Insurance Company

Salary related reviews for SBI Life Insurance Company

Area Sales Manager in Vijayawada

Branch Manager in Kumta

Business Development Manager in Deoghar

Sales Support Associate in Kishanganj

Development Manager in Jhargram

SBI Life Insurance Company Bank Manager Salary FAQs

Tell us how to improve this page.