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SBI Life Insurance Company Salaries in Bangalore / Bengaluru

based on 639 latest salaries
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Designation Avg Annual Salary Open Jobs
0 - 13 years exp. · Bangalore / Bengaluru (99 salaries)
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₹2.7 L/yr - ₹6.5 L/yr

1 job opening
1 - 10 years exp. · Bangalore / Bengaluru (61 salaries)
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₹3 L/yr - ₹4.8 L/yr

0 - 10 years exp. · Bangalore / Bengaluru (32 salaries)
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₹2.8 L/yr - ₹5.3 L/yr

7 - 18 years exp. · Bangalore / Bengaluru (24 salaries)
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₹7.5 L/yr - ₹13.2 L/yr

Starting your career? Discover SBI Life Insurance Company fresher salaries in India
2 - 7 years exp. · Bangalore / Bengaluru (17 salaries)
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₹3.2 L/yr - ₹5 L/yr

0 - 6 years exp. · Bangalore / Bengaluru (16 salaries)
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₹2 L/yr - ₹3.6 L/yr

1 - 11 years exp. · Bangalore / Bengaluru (15 salaries)
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₹3.3 L/yr - ₹4.8 L/yr

4 - 12 years exp. · Bangalore / Bengaluru (12 salaries)
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₹4.2 L/yr - ₹7.1 L/yr

1 - 6 years exp. · Bangalore / Bengaluru (10 salaries)
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₹2 L/yr - ₹5 L/yr

2 - 9 years exp. · Bangalore / Bengaluru (8 salaries)
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₹3 L/yr - ₹6.5 L/yr

9 - 15 years exp. · Bangalore / Bengaluru (8 salaries)
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₹7 L/yr - ₹13.5 L/yr

7 - 16 years exp. · Bangalore / Bengaluru (7 salaries)
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₹8.5 L/yr - ₹12 L/yr

11 - 18 years exp. · Bangalore / Bengaluru (6 salaries)
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₹18.5 L/yr - ₹36 L/yr

4 - 7 years exp. · Bangalore / Bengaluru (6 salaries)
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₹3 L/yr - ₹5.6 L/yr

0 - 7 years exp. · Bangalore / Bengaluru (6 salaries)
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₹2.5 L/yr - ₹3.8 L/yr

1 - 5 years exp. · Bangalore / Bengaluru (5 salaries)
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₹2.2 L/yr - ₹3.6 L/yr

17 - 22 years exp. · Bangalore / Bengaluru (5 salaries)
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₹9.8 L/yr - ₹13.2 L/yr

7 - 11 years exp. · Bangalore / Bengaluru (5 salaries)
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₹6 L/yr - ₹7.2 L/yr

13 - 17 years exp. · Bangalore / Bengaluru (4 salaries)
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₹11 L/yr - ₹14.9 L/yr

10 - 16 years exp. · Bangalore / Bengaluru (4 salaries)
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₹10 L/yr - ₹12 L/yr

Last Updated: 18 Dec, 2024

Salary related reviews for SBI Life Insurance Company

3.4

Rated by 82 employees for salary & benefits

Sales Department

1.0
  •  posted on 12 May 2022

5.0
 for  Salary and Benefits

Likes

Salary before month end Brand Reputation

Dislikes

No personal life satisfaction Terrible AM behavior No felicitation No recognition Poor plans and costly Pressure will come like he'll If channel partners not supported even though we've to do business.. Less customer service at channel partner

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Finance & Accounting Department

3.0
  •  posted on 08 Mar 2022

3.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. There scope for growth.

Dislikes

There is a lot of politics and the management dosen't address our issue. Salary is not up to the mark but career growth is very slow.

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Sales & Marketing Department

1.0
  •  posted on 20 Oct 2021

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...r not selling particular product which they say and their is no much benefit.... Lesser salary more working hours and HR department is not strong .... I feel school kind of office like punishment and unofficial words .... Please do not join this company and worst company ever

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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

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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.

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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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see more salary related reviews

SBI Life Insurance Company Salary FAQs

How much does SBI Life Insurance Company pay per year?
The average SBI Life Insurance Company salary ranges from approximately ₹0.2 Lakh to ₹3 Lakhs per year for a Banking Assistant and ₹45 Lakhs to ₹1.1 Crore per year for a Senior Vice President. Salary estimates are based on 639 SBI Life Insurance Company salaries received from various employees of SBI Life Insurance Company. SBI Life Insurance Company employees rate the overall salary and benefits package 3.4/5 stars.
What is the highest salary in SBI Life Insurance Company?
The highest-paying job at SBI Life Insurance Company is a Senior Vice President with a salary of ₹45 Lakhs to ₹1.1 Crore per year. The top 10% of employees earn more than ₹12.52 lakhs per year. The top 1% earn more than a whopping ₹35.29 lakhs per year.
What is the minimum salary in SBI Life Insurance Company?
Minimum salary at SBI Life Insurance Company depends on the role you are applying for. For Associate the minimum salary is ₹1 Lakh to ₹5 Lakhs per year, and for Development Manager the minimum salary is ₹1.8 Lakh to ₹4.5 Lakhs per year and so on.
What is the salary package for freshers in SBI Life Insurance Company?
The average salary at SBI Life Insurance Company for freshers varies from ₹1 Lakh to ₹2 Lakhs per year for Telecaller and ₹5.6 Lakhs to ₹10.5 Lakhs per year for Management Trainee.
What is the notice period at SBI Life Insurance Company in Bangalore / Bengaluru?
According to AmbitionBox, 31% of the SBI Life Insurance Company employees in Bangalore / Bengaluru reported a notice period of 1 Month, 29% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 425 responses on AmbitionBox in last 2 years.

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Average annual salary in SBI Life Insurance Company , Bangalore / Bengaluru is INRunlock blur . Salary estimates are based on 639 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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