SBI Life Insurance Company Mumbai Banker Salaries by Employees (Updated 2025)

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₹2.6 Lakhs - ₹3.4 Lakhs

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Last Updated: 29 Mar 2024

Companies similar to SBI Life Insurance Company for Banker in Mumbai

SBI Life Insurance Company Banker Salary

6 years exp. (AmbitionBox Estimate)

₹2.6 L/yr - ₹3.4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Banker Salary 0 - 7 years exp. (46 salaries)	₹2.3 L/yr - ₹9 L/yr 41% more
Axis Bank Banker Salary 1 - 8 years exp. (26 salaries)	₹2.5 L/yr - ₹6.8 L/yr 47% more
Login to view exact salary
IDFC FIRST Bank Banker Salary 0 - 7 years exp. (21 salaries)	₹2 L/yr - ₹5.5 L/yr 40% more
HDFC Bank Banker Salary 0 - 8 years exp. (20 salaries)	₹1.5 L/yr - ₹7.5 L/yr 31% more
Kotak Mahindra Bank Banker Salary 1 - 8 years exp. (18 salaries)	₹2 L/yr - ₹4.4 L/yr 13% more

Banker salary at SBI Life Insurance Company ranges between ₹2.6 Lakhs to ₹3.4 Lakhs per year for employees with 6 years of experience. Salary estimates are based on 1 latest salaries received from various employees of SBI Life Insurance Company.

Similar Designation salaries in SBI Life Insurance Company

Operations Manager Salary

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₹7.3 L/yr - ₹10 L/yr

Deputy Manager Salary

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₹4.5 L/yr - ₹10 L/yr

Sales Executive Salary

(7 salaries)

₹2 L/yr - ₹3.5 L/yr

Branch Manager Salary

(7 salaries)

₹8 L/yr - ₹11.2 L/yr

Team Lead Salary

(5 salaries)

₹3.6 L/yr - ₹4.8 L/yr

Quality Analyst Salary

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₹3.8 L/yr - ₹4.5 L/yr

Sales Manager Salary

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₹3.31 L/yr - ₹5.6 L/yr

Salary related reviews for SBI Life Insurance Company

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 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.

Job security - Good

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is very slow

Work satisfaction - Poor

+2 more

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.

Senior Associate in Jaipur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 Apr 2018

3.0

for Salary and Benefits

Likes

Company is

Job security - Good

+1 more

Dislikes

Company is good but as per process of career growth, it is very slow. Company's salary structure is also not good. My salary is less than a person who is coming on my position which I had before 2 years

Business Development Manager in Work Form Bank And Field

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 25 Sep 2023

1.0

for Salary and Benefits

Likes

Only Job Security,

Job security - Good

Dislikes

...hear from long time. Only due to not get any increment I have left the job..... You will hire new persons on higher package but you won't retain ur old employes on giving them some litter bit hike or increment. My humble request to you that plz take care of your old employes who are working on lower package or CTC, from long time...plz don't force them to leave the job due to lower Package... And plz start Rehiring. Lots of old employes are ready to work with sbilife Again.🙏

Salary - Bad

+3 more

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1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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SBI Life Insurance Company Banker Salary FAQs

What is the notice period for Banker at SBI Life Insurance Company in Mumbai?

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

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SBI Life Insurance Company Banker Salaries in Mumbai

SBI Life Insurance Company Banker salary in Mumbai ranges between ₹2.6 Lakhs to ₹3.4 Lakhs. This is an estimate based on latest salaries received from employees of SBI Life Insurance Company.