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

152% more than the average Banking Associate Salary in Insurance Companies for 12 - 13 years of experience

Interested in this particular role?

Last Updated: 16 Mar 2025

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 - 6 years exp. (116 salaries)	₹1.5 L/yr - ₹5 L/yr 67% less
Login to view exact salary
TCS Banking Associate Salary 1 - 7 years exp. (37 salaries)	₹2.1 L/yr - ₹4 L/yr 65% less
J&K Bank Banking Associate Salary 0 - 11 years exp. (33 salaries)	₹2.5 L/yr - ₹8.5 L/yr 26% less
Wipro Banking Associate Salary 0 - 5 years exp. (32 salaries)	₹2 L/yr - ₹3.8 L/yr 64% 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: 16 Mar 2025

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

(539 salaries)

₹2.3 L/yr - ₹6.8 L/yr

Process Associate Salary

(12 salaries)

₹1.2 L/yr - ₹3.5 L/yr

Account Assistant Salary

(4 salaries)

₹1.2 L/yr - ₹1.6 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Financial Analyst Salary

(6 salaries)

₹2 L/yr - ₹7.5 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)

₹3.54 L/yr - ₹10.5 L/yr

Accountant Salary

(5 salaries)

₹6.22 L/yr - ₹10 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.

Salary - Good

+1 more

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.

Skill development - Poor

+4 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

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

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.

Salary - Excellent

+6 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

Got a question about SBI Life Insurance Company?

Ask anonymously on communities.

SBI Life Insurance Company Banking Associate Salary FAQs

How the salary growth look like for a Banking Associate at SBI Life Insurance Company in India?

The salary growth for a Banking Associate at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Banking Associate can expect the following growth trajectory at SBI Life Insurance Company:

Experience	Average Salary Range
12 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
13 years	₹18.0 Lakhs to ₹23.0 Lakhs per year

and so on.

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.