SBI Life Insurance Company Banking Associate Salaries by 3 Employees (Updated 2025)

12 - 13 years exp.

₹2.4 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

149% more than the average Banking Associate Salary in Insurance Companies for 12 - 13 years of experience

Interested in this particular role?

Last Updated: 19 Jul 2024

Companies similar to SBI Life Insurance Company for Banking Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Banking Associate Salary 4 - 9 years exp. (4 salaries)	₹3.3 L/yr - ₹7.5 L/yr 49% less
Accenture Banking Associate Salary 0 - 5 years exp. (98 salaries)	₹1.8 L/yr - ₹5.8 L/yr 68% less
Login to view exact salary
Wipro Banking Associate Salary 0 - 5 years exp. (34 salaries)	₹2 L/yr - ₹4.1 L/yr 63% less
TCS Banking Associate Salary 1 - 6 years exp. (33 salaries)	₹2.1 L/yr - ₹4 L/yr 64% less
J&K Bank Banking Associate Salary 2 - 10 years exp. (26 salaries)	₹3.5 L/yr - ₹10 L/yr 24% less

Banking Associate salary at SBI Life Insurance Company ranges between ₹2.4 Lakhs to ₹20 Lakhs per year for employees with experience between 12 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Banking Associate salaries

Last Updated: 19 Jul 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
Login to view exact salary
13 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr

Similar Designation salaries in SBI Life Insurance Company

Senior Associate Salary

(542 salaries)

₹2 L/yr - ₹6.75 L/yr

Process Associate Salary

(12 salaries)

₹1.2 L/yr - ₹3.5 L/yr

Account Assistant Salary

(3 salaries)

₹1.25 L/yr - ₹1.4 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Financial Analyst Salary

(5 salaries)

₹2 L/yr - ₹4.5 L/yr

Senior Process Associate Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Finance Executive Salary

(5 salaries)

₹1.2 L/yr - ₹5.5 L/yr

Analyst Salary

(4 salaries)

₹4.2 L/yr - ₹7.95 L/yr

Management Trainee Salary

(37 salaries)

₹3.79 L/yr - ₹10.5 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Salary related reviews for SBI Life Insurance Company

2.0

Rated by 1 employees for salary & benefits

Management Trainee in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 02 Nov 2023

4.0

for Salary and Benefits

Likes

Salary and benefits are supportive.

Dislikes

No work life balance. The sales team pushes things like hell specially in the eastern region of the country. Third Saturday is a leave according to the company's leave policies but we don't get that leave.

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.

Dislikes

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

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

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

Senior Associate in Sultanpur

BFSI, Investments & Trading Department

5.0

• posted on 29 Oct 2020

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 salary hike and bonus every year.

Head Human Resources in New Delhi

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 02 Dec 2024

2.0

for Salary and Benefits

Likes

Hr policy is very good of sbi life but Regional HR is Doll of Regional Director and Regional. Sbi life is a good Company like Government job for Back office employees like sales support, Operations department, Account Department, L&D Department and all Non Sales Employees. For Sales person QVP is Good if you have Good Branches and CIF

Dislikes

...e those persons who are working in other companies and switching multiple times. A New Employee can get salary more then those employees who are working here from last 8 Year. Due to state bank sbi life is working other there is no respect of sbi life. Promotion norm is very hard, Increment norms is very bed. Over all this company is only for Lucky person like if you got a great cif or branches a temporary staff can do business. Over all this is very bed company for sales person due to QVP people stay here if Company announced there is no QVP 80% of Employees will left this company.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

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

Got a question about SBI Life Insurance Company?

Ask anonymously on communities.

SBI Life Insurance Company Banking Associate Salary FAQs

What is the notice period for Banking Associate at SBI Life Insurance Company?

According to AmbitionBox, 33% of the SBI Life Insurance Company Banking Associates reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Banking Associate Salaries by Location

Home >
Salaries >
SBI Life Insurance Company Salaries >
SBI Life Insurance Company Banking Associate Salaries

SBI Life Insurance Company Banking Associate salary in India ranges between ₹2.4 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.