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

based on 630 latest salaries
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Designation Avg Annual Salary Open Jobs
31 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹95 L/yr - ₹1.1 Cr/yr

3 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

11 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

1 year exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

6 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

14 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr

2 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

Fresher · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

2 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

16 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr

16 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr

Fresher · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

26 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹3.7 L/yr - ₹6 L/yr

5 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

10 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

5 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

8 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

3 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

5 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr

4 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

Last Updated: 3 Apr, 2025

Salary related reviews for SBI Life Insurance Company

3.2

Rated by 95 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

  • 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

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.

  • 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

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

read more
  • Salary - Bad
  • +6 more

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.

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  • Salary - Poor

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.

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

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:

job Searcher ₹95 Lakhs to ₹1.1 Lakhs per year
Consultant Trainer ₹2.5 Lakhs to ₹3.2 Lakhs per year
SAP SD Consultant ₹4.5 Lakhs to ₹5.8 Lakhs per year
KAM ₹7.2 Lakhs to ₹9.2 Lakhs per year

The highest-paying role, Senior Vice President, earns between ₹45 Lakhs to ₹1.1 Crore per year. The top 10% of employees earn more than ₹13 Lakhs per year, and the top 1% earn over ₹36 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 630 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 ₹10.5 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 ₹5.5 Lakhs per year
Fresher as a Business Development Manager Salary ₹2.1 Lakhs to ₹5 Lakhs per year
Fresher as a Business Development Executive Salary ₹2 Lakhs to ₹3.9 Lakhs per year
Fresher as a Management Trainee Salary ₹4.7 Lakhs to ₹10.5 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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