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SBI Life Insurance Company BDM Sales salaries in India

Annual salary range
0 - 9 years exp.
₹3.5 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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24% less than the average BDM Sales Salary in Insurance Companies for 0 - 9 years of experience

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Last Updated: 8 Apr 2023

Companies similar to SBI Life Insurance Company for BDM Sales

Company name Avg Annual Salary Open Jobs
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HDFC Life BDM Sales Salary

0 - 5 years exp. (38 salaries)

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₹2.2 L/yr - ₹3.8 L/yr

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Max Life Insurance BDM Sales Salary

3 - 9 years exp. (3 salaries)

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₹3.5 L/yr - ₹6.5 L/yr

arrow icon 27% more
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₹4 L/yr - ₹5.1 L/yr

arrow icon 7% more
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SBI General Insurance BDM Sales Salary

0 - 12 years exp. (9 salaries)

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₹2.3 L/yr - ₹7 L/yr

arrow icon 7% less
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BYJU'S BDM Sales Salary

0 - 4 years exp. (82 salaries)

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₹4.3 L/yr - ₹16 L/yr

arrow icon 112% more
BDM Sales salary at SBI Life Insurance Company ranges between ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 20 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company BDM Sales

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Experience wise SBI Life Insurance Company BDM Sales salaries

Last Updated: 8 Apr 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.6 L/yr - ₹4 L/yr
1 year  (6 salaries)

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₹3.8 L/yr - ₹4.5 L/yr
2 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.1 L/yr
3 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
4 years  (3 salaries)

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₹4 L/yr - ₹5 L/yr
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Salary related reviews for SBI Life Insurance Company

2.9

Rated by 10 employees for salary & benefits

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.

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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.

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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 😭

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Dislikes

Every thing Accept salary on time

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 23 Mar 2024

2.0
 for  Salary and Benefits

Likes

SBI LIFE company one of d best Lerner and advance business development company. I learnt about recruitment, business development, product knowledge, proper training, market identification, prospect screening everything... This base given me stronger now make my leadership skills, culture is very good, supportive operation staff, digital marketing services also digital payment security is one of d best function. I like learning, build relationships with my team, products and culture.

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Dislikes

It's issue about low salary, holiday weekend not allowed, some seniors behaviour very rude and harrasment. Company HR not responded after leaving job, some manager HR not understanding what is situation about employee. Very badly speak in front of our team, ts hurt.

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Full Time

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Customer Success, Service & Operations Department

1.0
  •  posted on 08 Jul 2023

1.0
 for  Salary and Benefits

Likes

Salary is credited on time. Office ambience is good

Dislikes

There is no work life balance in the company. There is huge salary gap in sales and operations. Work load is unevenly distributed between male and female employees. There is overtime on regular basis and male employees are forced to work overtime and times cooercive language is used. KRA is not properly set and you don't know on which basis you will be rated. Reporting manager is free to use any misappropriate language and HR manager completely support any misdeeds of managers and does every best to supress your complaint.

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Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 27 Jun 2023

1.0
 for  Salary and Benefits

Likes

Good organisation for learning Training provide by that organisation is very good Customer service is nice Chain of branch is very good..

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Dislikes

...ale without competition Senior manager always gives pressure to unit manager.. They earn 6 digit salary and lower staff salary is only 20k... promote product Boucher to investment own money...mea If you join that organisation get ready for so much pressure with low salary

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SBI Life Insurance Company BDM Sales Salary FAQs

What is the salary of BDM Sales at SBI Life Insurance Company?
BDM Sales salary at SBI Life Insurance Company in India ranges between ₹3.5 Lakhs to ₹5.5 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 24% less than the average BDM Sales Salary in India. Salary estimates are based on 20 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a BDM Sales at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a BDM Sales at SBI Life Insurance Company is 24% less than the average salary of a BDM Sales in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a BDM Sales in India?
  • BYJU'S BDM Sales Salary - ₹4.3 Lakhs to ₹16.0 Lakhs per year
  • Max Life Insurance BDM Sales Salary - ₹3.5 Lakhs to ₹6.5 Lakhs per year
  • Bajaj Allianz Life Insurance BDM Sales Salary - ₹4.0 Lakhs to ₹5.1 Lakhs per year
What is the salary of a BDM Sales in companies similar to SBI Life Insurance Company in India?
  • SBI General Insurance BDM Sales Salary - ₹2.3 Lakhs to ₹7.0 Lakhs per year
  • HDFC Life BDM Sales Salary - ₹2.2 Lakhs to ₹3.8 Lakhs per year
What is the estimated take home salary of a BDM Sales at SBI Life Insurance Company in India?
The estimated take-home salary of a BDM Sales at SBI Life Insurance Company ranges between ₹32,167 per month to ₹33,449 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company BDM Sales salary in India which ranges between ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?
What is the notice period for BDM Sales at SBI Life Insurance Company?
According to AmbitionBox, 100% of the SBI Life Insurance Company BDM Saless reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company BDM Sales salary in India ranges between ₹3.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 20 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.