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Company culture is very bad only pressure nothing or
Annual salary range
1 - 6 years exp.
₹1
Lakh - ₹5
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary37% less than the average Banker Salary in Insurance Companies for 1 - 6 years of experience
Interested in this particular role?
Companies similar to SBI Life Insurance Company for Banker
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Banker Salary
1 - 5 years exp. (4 salaries) |  ₹2 L/yr - ₹4.8 L/yr 
20%
more | |
 HDFC Life Banker Salary
2 - 5 years exp. (6 salaries) | ₹3 L/yr - ₹4 L/yr
30%
more | |
Login to view exact salary
| ||
 Bajaj Allianz Life Insurance Banker Salary
3 - 7 years exp. (4 salaries) | ₹3 L/yr - ₹4.1 L/yr
14%
more | |
 Kotak Mahindara Life Insurance Banker Salary
4 - 15 years exp. (3 salaries) | ₹3.1 L/yr - ₹5 L/yr
36%
more | |
 PNB MetLife Banker Salary
3 - 7 years exp. (3 salaries) | ₹3 L/yr - ₹3.3 L/yr
10%
more | |
 SBI General Insurance Banker Salary
1 - 3 years exp. (3 salaries) | ₹1 L/yr - ₹5 L/yr
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Banker salary at SBI Life Insurance Company ranges between ₹1
Lakh
to ₹5
Lakhs
per year for employees with experience between 1 year to 6 years. Salary
estimates are based on
4 latest salaries received
from various employees of SBI Life Insurance Company.
Latest annual salaries shared by SBI Life Insurance Company Banker
9mo ago
6
years
exp.
11mo ago
2
years
exp.
1y ago
1
year
exp.
1y ago
3
years
exp.
Experience wise SBI Life Insurance Company Banker salaries
Last Updated: 29 Mar 2024
| Experience | Avg Annual Salary |
|---|---|
| 1 year (AmbitionBox Estimate) |
₹0.7
L/yr
- ₹3.2
L/yr
|
| 2 years (AmbitionBox Estimate) |
₹1
L/yr
- ₹4
L/yr
|
Login to view exact salary
| |
| 3 years (AmbitionBox Estimate) |
₹2
L/yr
- ₹4.8
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹2.8
L/yr
- ₹3.6
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹3.3
L/yr
- ₹4.2
L/yr
|
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Similar Designation salaries in SBI Life Insurance Company
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Salary Discussions, Hike & Promotions
2w
a senior consultant
Retention offer
Hello,
Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus
Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L)
I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance.
The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte.
Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too
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SBI Life Insurance Company Banker Salary FAQs
What is the salary of Banker at SBI Life Insurance Company?
Banker salary at SBI Life Insurance Company in India ranges between ₹1.0 Lakhs to ₹5.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 37% less than the average Banker Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Banker at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Banker at SBI Life Insurance Company is 37% less than the average salary of a Banker in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Banker in India?
- Kotak Mahindara Life Insurance Banker Salary - ₹3.1 Lakhs to ₹5.0 Lakhs per year
- HDFC Life Banker Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
- ICICI Prudential Life Insurance Banker Salary - ₹2.0 Lakhs to ₹4.8 Lakhs per year
- SBI General Insurance Banker Salary - ₹1.0 Lakhs to ₹5.0 Lakhs per year
- Bajaj Allianz Life Insurance Banker Salary - ₹3.0 Lakhs to ₹4.1 Lakhs per year
What is the salary of a Banker in companies similar to SBI Life Insurance Company in India?
- PNB MetLife Banker Salary - ₹3.0 Lakhs to ₹3.3 Lakhs per year
What is the estimated take home salary of a Banker at SBI Life Insurance Company in India?
The estimated take-home salary of a Banker at SBI Life Insurance Company ranges between ₹20,849 per month to ₹22,500 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Banker salary in India which ranges between ₹1.0 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Banker at SBI Life Insurance Company?
According to AmbitionBox, 56% of the SBI Life Insurance Company Bankers reported a notice period of 15 days or less, 11% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.
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SBI Life Insurance Company Banker Salaries by Location
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SBI Life Insurance Company Banker salary
in
India
ranges between ₹1
Lakh to ₹5
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.