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SBI Life Insurance Company

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3.8

based on 3.6k Reviews

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SBI Life Insurance Company Branch Sales Manager salaries in Indore

Annual salary range
13 - 16 years exp.
₹9.5 Lakhs - ₹11.5 Lakhs
Salary of majority employees
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69% more than the average Branch Sales Manager Salary in Insurance Companies for 13 - 16 years of experience

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Salaries in different departments

Marketing & Communication
Branch Sales Manager Salary
14 - 16 years exp. (3 salaries)
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₹10.7 L/yr - ₹11.5 L/yr

Sales & Business Development
Branch Sales Manager Salary
13 years exp. (AmbitionBox Estimate)
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₹9.5 L/yr - ₹11.2 L/yr

Last Updated: 22 Nov 2024

Companies similar to SBI Life Insurance Company for Branch Sales Manager in Indore

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SBI Life Insurance Company Branch Sales Manager Salary

13 - 16 years exp. (4 salaries)
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₹9.5 L/yr - ₹11.5 L/yr

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Bajaj Allianz Life Insurance Branch Sales Manager Salary

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₹4 L/yr - ₹5.8 L/yr

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₹4.5 L/yr - ₹9.4 L/yr

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Aadhar Housing Finance Branch Sales Manager Salary

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Shriram Housing Finance Branch Sales Manager Salary

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 2 job openings
Branch Sales Manager salary at SBI Life Insurance Company ranges between ₹9.5 Lakhs to ₹11.5 Lakhs per year for employees with experience between 13 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Branch Sales Manager in Indore

3w ago
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16 years exp.
10mo ago
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15 years exp.
1y ago
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14 years exp.
1y ago
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13 years exp.

Experience wise SBI Life Insurance Company Branch Sales Manager salaries in Indore

Last Updated: 22 Nov 2024

Experience Avg Annual Salary
13 years (AmbitionBox Estimate)

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₹9.5 L/yr - ₹19.4 L/yr
14 years (AmbitionBox Estimate)

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₹10.7 L/yr - ₹19.5 L/yr
15+ years (AmbitionBox Estimate)

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₹10.7 L/yr - ₹11.5 L/yr
SBI Life Insurance Company Branch Sales Manager Salary and Career Growth

From

To

Branch Sales Manager

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6 - 20 years exp.

Divisional Sales Manager

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11 - 20 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in SBI Life Insurance Company

Sales Manager Salary
(4 salaries)
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₹2.05 L/yr - ₹5 L/yr

Top skills at SBI Life Insurance Company for Branch Sales Manager

Branch Management Branch Sales Sales Management Team Handling Insurance Sales Branch Handling Life Insurance Insurance Heading Profit Centre Business Management Tied Channel Business Strategy agency Team Management Development Management

Salary related reviews for SBI Life Insurance Company

Area Sales Manager in Vijayawada

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 05 Aug 2023
5.0
 for  Salary and Benefits

Likes

I am so Proud to say Working this organisation last 4years. i got a two promotions last two years.

Dislikes

I expecting Long time Vintage Employes Expect Minimum Salary hike. because Now a days out side companies giving a more salary hikes Vintage persons so Our Company giving a minimum hikes of Vintage Employes it will so benefit and no one live Our Company.

read more

Business Development Manager in Rajkot

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 01 Feb 2023
2.0
 for  Salary and Benefits

Likes

Company culture is very bad only pressure nothing or

Dislikes

Official working days me bhi office bulate hain aur bill pay nahi karte hain personal life jaish kuchh nahi rehta hain aur morning 7:00am zoom start kar dete hain

read more

Business Development Manager in Jaipur

Full Time

 · 

Sels Department

5.0
  •  posted on 12 Apr 2021
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 good salary hike and bonus every year.

read more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

read more

Business Development Manager in Work Form Bank And Field

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 25 Sep 2023
1.0
 for  Salary and Benefits

Likes

Only Job Security,

Dislikes

...hear from long time. Only due to not get any increment I have left the job..... You will hire new persons on higher package but you won't retain ur old employes on giving them some litter bit hike or increment. My humble request to you that plz take care of your old employes who are working on lower package or CTC, from long time...plz don't force them to leave the job due to lower Package... And plz start Rehiring. Lots of old employes are ready to work with sbilife Again.🙏

read more

Business Development Manager in Bangalore / Bengaluru

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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1w
a technical project manager
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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?
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SBI Life Insurance Company Branch Sales Manager Salary FAQs

What is the salary of Branch Sales Manager at SBI Life Insurance Company Indore?
Branch Sales Manager salary at SBI Life Insurance Company in Indore ranges between ₹9.5 Lakhs to ₹11.5 Lakhs for experience between 13 years to 16 years. According to our estimates it is 69% more than the average Branch Sales Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company Indore.
How does the salary of a Branch Sales Manager at SBI Life Insurance Company Indore compare with the average salary range for this job?
The average salary of a Branch Sales Manager at SBI Life Insurance Company is 69% more than the average salary of a Branch Sales Manager in Indore. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Sales Manager at SBI Life Insurance Company?
Branch Management, Branch Sales, Sales Management, Team Handling and Insurance Sales are some of the popular skills required to work as a Branch Sales Manager at SBI Life Insurance Company Indore.
What is the salary of a Branch Sales Manager in companies similar to SBI Life Insurance Company in Indore?
  • Kotak Mahindra Bank Branch Sales Manager Salary - ₹4.5 Lakhs to ₹9.4 Lakhs per year
  • Axis Bank Branch Sales Manager Salary - ₹4.3 Lakhs to ₹9.2 Lakhs per year
  • Aadhar Housing Finance Branch Sales Manager Salary - ₹2.8 Lakhs to ₹6.0 Lakhs per year
  • Shriram Housing Finance Branch Sales Manager Salary - ₹3.0 Lakhs to ₹7.5 Lakhs per year
  • Bajaj Allianz Life Insurance Branch Sales Manager Salary - ₹4.0 Lakhs to ₹5.8 Lakhs per year
What is the estimated take home salary of a Branch Sales Manager at SBI Life Insurance Company in Indore?
The estimated take-home salary of a Branch Sales Manager at SBI Life Insurance Company ranges between ₹77,455 per month to ₹79,466 per month in Indore. The take-home salary calculation is based on the average SBI Life Insurance Company Branch Sales Manager salary in India which ranges between ₹9.5 Lakhs to ₹11.5 Lakhs per year for employees with experience between 13 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Branch Sales Manager at SBI Life Insurance Company in Indore?
According to AmbitionBox, 80% of the SBI Life Insurance Company Branch Sales Managers in Indore reported a notice period of 3 Months, 20% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Branch Sales Manager salary in Indore ranges between ₹9.5 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.