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SBI Life Insurance Company

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3.8

based on 4.4k Reviews

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SBI Life Insurance Company Salaries in Bangalore / Bengaluru (Updated 2025)

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Bangalore / Bengaluru

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Salaries by designations

Based on 661 salaries · Updated: 10 Jul 2025
All Departments
Designation Avg Annual Salary Open Jobs

Regional Head

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

Sr BDM

6 - 13 years exp. · Bangalore / Bengaluru (4 salaries)
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₹4.5 L/yr - ₹7.7 L/yr

Branch Development Manager

4 - 6 years exp. · Bangalore / Bengaluru (4 salaries)
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₹3 L/yr - ₹5 L/yr

Business Analyst

2 - 5 years exp. · Bangalore / Bengaluru (4 salaries)
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₹5.2 L/yr - ₹8 L/yr

Operations Analyst

1 - 7 years exp. · Bangalore / Bengaluru (4 salaries)
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₹3.5 L/yr - ₹4.5 L/yr

Territory Manager

6 - 7 years exp. · Bangalore / Bengaluru (3 salaries)
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₹5.5 L/yr - ₹6 L/yr

Team Lead

1 - 10 years exp. · Bangalore / Bengaluru (3 salaries)
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₹2.4 L/yr - ₹6 L/yr

AVP

14 - 16 years exp. · Bangalore / Bengaluru (3 salaries)
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₹14.2 L/yr - ₹20.2 L/yr

HR Manager

6 - 16 years exp. · Bangalore / Bengaluru (3 salaries)
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₹8.5 L/yr - ₹12.8 L/yr

Data Analyst

2 - 3 years exp. · Bangalore / Bengaluru (3 salaries)
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₹6 L/yr - ₹7.5 L/yr

Sales Support Executive

1 - 4 years exp. · Bangalore / Bengaluru (3 salaries)
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₹2.3 L/yr - ₹3 L/yr

Assistant Manager Operations

7 - 13 years exp. · Bangalore / Bengaluru (3 salaries)
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₹6.3 L/yr - ₹7.8 L/yr

Unit Manager

0 - 4 years exp. · Bangalore / Bengaluru (3 salaries)
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₹3 L/yr - ₹3.5 L/yr

BPO Executive

0 - 4 years exp. · Bangalore / Bengaluru (3 salaries)
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₹0.8 L/yr - ₹2.9 L/yr

Bdm Executive

0 - 5 years exp. · Bangalore / Bengaluru (3 salaries)
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₹3 L/yr - ₹4.5 L/yr

Senior Development Executive

5 - 6 years exp. · Bangalore / Bengaluru (3 salaries)
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₹2.3 L/yr - ₹4.8 L/yr

Senior HR Business Partner

6 - 9 years exp. · Bangalore / Bengaluru (3 salaries)
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₹5 L/yr - ₹7.3 L/yr

Sales Executive

2 - 5 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹2 L/yr - ₹4.7 L/yr

Sales Associate

Fresher · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹2 L/yr - ₹3.6 L/yr

Ssis Developer

3 - 4 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹10.2 L/yr - ₹13 L/yr

Latest salaries by SBI Life Insurance Company employees

1d ago

Branch Manager

13 years exp.

₹11 Lakhs
2d ago

Management Trainee

2 years exp.

₹10.5 Lakhs
2d ago

Senior Associate Operations

3 years exp.

₹4 Lakhs
2d ago

SBI Life Insurance

5 years exp.

₹3.5 Lakhs
2d ago

Senior Business Development Manager

9 years exp.

₹7.3 Lakhs
2d ago

Associate

6 years exp.

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2d ago

Back Office Associate

7 years exp.

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2d ago

Senior Bdm Manager

10 years exp.

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2d ago

Manager M1

14 years exp.

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2d ago

Bdm Executive

6 years exp.

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View all latest salaries

Top trending discussions

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Career Growth
2w (edited)
pleasantfox
·
works at
Insurance Sector
Stability vs Growth
I worked in a company for 20 years and suddenly put off role. Searching jobs I realised I am over age for various roles that I could do and less experienced for Leadership Roles as my exposure was limited. I always thought I am earning decent money and can work another 7 years and retire at 50. Though the younger generation is much smarter I still want to advise them (BFSI specific) * Work in a role for max 2-3 years and switch when you feel you are done. * By age of 30, if you are still earning less than 10 lakh you are not growing * By age of 35 you must become AVP as no company will hire AVP if you are more than 36. *Be loyal to your self, not your organization. * Most importantly save atleast 30% or more of whatever your CTC. Donot spend much with every raise. * Buy a property, and pay loans before 35. In tough times it's only Savings that give you cushion and peace nothing else
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Salary related reviews for SBI Life Insurance Company

3.2

Rated by 110 employees for salary & benefits

Business Development Manager in Bangalore / Bengaluru

Sales Department

1.0
  •  updated on 12 May 2022
5.0
 for  Salary and Benefits

Likes

Salary before month end Brand Reputation

  • Salary - Excellent
    • +1 more

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

read more
  • Skill development - Poor
    • +2 more

Associate in Bangalore / Bengaluru

Finance & Accounting Department

3.0
  •  updated 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.

  • Job security - Excellent

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.

read more
  • Promotions - Poor
    • +2 more

Senior Business Development Executive in Bangalore / Bengaluru

Sales & Marketing Department

1.0
  •  updated 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

read more
  • Salary - Bad
    • +6 more

Business Development Manager in Ernakulam

Full Time

 · 

Sales & Business Development Department

3.0
  •  updated on 11 Jun 2025
4.0
 for  Salary and Benefits

Likes

Company is excellent in conducting programs and events, Salary and other allowances are up to date

read more
  • Salary - Good
    • +1 more

Dislikes

Individual targets in Ulip,Par,Non par & Protection separate target for SBI Yono plans, also have high pressure and targets for adding riders in the plans, will make you to travel all over Kerala for individual reviews if business is low

read more
  • Promotions - Bad

Senior Business Development Executive in New Delhi

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  updated on 29 Apr 2025
3.0
 for  Salary and Benefits

Likes

Salary structure are good in sbi life

Dislikes

Management are bad even seniors are not take initiate to talk with clients and IA chaneel seriously need to work on management. No self employee portal access even you have to login your id from BO only

read more
  • Skill development - Poor
    • +5 more
see more salary related reviews

Know more about SBI Life Insurance Company Bangalore / Bengaluru

More about working at SBI Life Insurance Company

SBI Life Insurance Company Salary FAQs

How much does SBI Life Insurance Company pay to its employees?
The average annual salary at SBI Life Insurance Company varies depending on the role, experience, and location. The salary ranges for some popular designations at SBI Life Insurance Company, are as follows:

Regional Head ₹10 Lakhs to ₹12 Lakhs per year
Sr BDM ₹4.5 Lakhs to ₹7.7 Lakhs per year
Branch Development Manager ₹3 Lakhs to ₹5 Lakhs per year
Business Analyst ₹5.2 Lakhs to ₹8 Lakhs per year

The highest-paying role, Senior Vice President, earns between ₹68.5 Lakhs to ₹1.3 Crore per year. The top 10% of employees earn more than ₹13 Lakhs per year, and the top 1% earn over ₹35.1 Lakhs per year. Salaries at SBI Life Insurance Company can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 661 salaries submitted by SBI Life Insurance Company employees. SBI Life Insurance Company is rated 3.2 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at SBI Life Insurance Company in Bangalore / Bengaluru?
The salary of a fresher at SBI Life Insurance Company in Bangalore / Bengaluru typically ranges from ₹1 Lakh to ₹10.4 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Senior Associate Salary ₹2.9 Lakhs to ₹5 Lakhs per year
Fresher as a Business Development Manager Salary ₹2.5 Lakhs to ₹5.5 Lakhs per year
Fresher as a Management Trainee Salary ₹5.6 Lakhs to ₹10.5 Lakhs per year
Fresher as a Business Development Executive Salary ₹2 Lakhs to ₹4.1 Lakhs per year

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Average annual salary in SBI Life Insurance Company , Bangalore / Bengaluru is INRunlock blur . Salary estimates are based on 600+ SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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