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SBI Life Insurance Company Business Development Executive salaries in India

Annual salary range
0 - 8 years exp.
₹2 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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14% less than the average Business Development Executive Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

Sales & Business Development
Business Development Executive Salary
0 - 7 years exp. (44 salaries)
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₹2.4 L/yr - ₹4.5 L/yr

BFSI, Investments & Trading
Business Development Executive Salary
1 - 8 years exp. (43 salaries)
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₹2.1 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Business Development Executive Salary
0 - 7 years exp. (7 salaries)
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₹2.6 L/yr - ₹3.7 L/yr

Marketing & Communication
Business Development Executive Salary
0 - 7 years exp. (7 salaries)
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₹2.5 L/yr - ₹3.6 L/yr

Finance & Accounting
Business Development Executive Salary
1 - 8 years exp. (6 salaries)
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₹2.6 L/yr - ₹4.5 L/yr

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Last Updated: 13 Feb 2025

Companies similar to SBI Life Insurance Company for Business Development Executive

Company name Avg Annual Salary Open Jobs
Logo
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₹1.2 L/yr - ₹4.4 L/yr

arrow icon 15% less
1 job opening
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₹2.4 L/yr - ₹6 L/yr

arrow icon 24% more
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₹2.7 L/yr - ₹5 L/yr

arrow icon 2% less
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₹2.4 L/yr - ₹4.1 L/yr

arrow icon 7% more
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₹1.2 L/yr - ₹4.7 L/yr

arrow icon 1% less
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₹3 L/yr - ₹6.2 L/yr

arrow icon 31% more
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₹2.5 L/yr - ₹6.9 L/yr

arrow icon 56% more
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₹1.4 L/yr - ₹4 L/yr

arrow icon 28% less
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₹2 L/yr - ₹3.6 L/yr

arrow icon 9% less
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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 13% less
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₹1.8 L/yr - ₹4.8 L/yr

arrow icon 6% less
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₹8.1 L/yr - ₹12.5 L/yr

arrow icon 163% more
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₹1.8 L/yr - ₹3 L/yr

arrow icon 30% less
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₹2 L/yr - ₹3.8 L/yr

arrow icon 18% less
Logo
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₹2 L/yr - ₹6.2 L/yr

arrow icon 22% more
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₹2 L/yr - ₹6 L/yr

arrow icon 3% less
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₹2 L/yr - ₹3.1 L/yr

arrow icon 7% less
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₹1.2 L/yr - ₹13.8 L/yr

arrow icon 79% more
Business Development Executive salary at SBI Life Insurance Company ranges between ₹2 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 169 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Business Development Executive

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7 years exp.
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Experience wise SBI Life Insurance Company Business Development Executive salaries

Last Updated: 13 Feb 2025

Experience Avg Annual Salary
Fresher  (21 salaries)

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₹2 L/yr - ₹3.5 L/yr
1 year  (45 salaries)

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₹2.3 L/yr - ₹4.1 L/yr
2 years  (33 salaries)

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₹2.4 L/yr - ₹4 L/yr
3 years  (25 salaries)

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₹2 L/yr - ₹4.5 L/yr
4 years  (16 salaries)

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₹2 L/yr - ₹4.5 L/yr
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SBI Life Insurance Company Business Development Executive Salary and Career Growth

From

To

Business Development Executive

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0 - 8 years exp.

Zonal Area Manager

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12 - 21 years exp.

Business Development Executive 0 - 8 years exp.
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Sr. BDE 2 - 9 years exp.
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arrow icon 25% hike
BDM 3 - 10 years exp.
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arrow icon 8% hike

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Similar Designation salaries in SBI Life Insurance Company

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₹2.7 L/yr - ₹5.35 L/yr
Business Development Officer Salary
(AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr
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₹2.3 L/yr - ₹4.5 L/yr
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₹4.1 L/yr - ₹5.2 L/yr
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₹1.9 L/yr - ₹7 L/yr
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₹3 L/yr - ₹5 L/yr
Inside Sales Executive Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹4.25 L/yr - ₹6.5 L/yr
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₹3.2 L/yr - ₹5.2 L/yr
Sales Executive Salary
(57 salaries)
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₹1 L/yr - ₹4.7 L/yr

Top skills at SBI Life Insurance Company for Business Development Executive

Business Development Business Development Management Area Management bdm bde Sales Life Insurance Insurance Sales Sales Management Lead Generation Business Management Channel Partners Bancassurance Business Planning Business Management Skills

Salary related reviews for SBI Life Insurance Company

3.5

Rated by 101 employees for salary & benefits

Full Time

 · 

Marketing & Communication Department

4.0
  •  posted on 13 Sep 2023

5.0
 for  Salary and Benefits

Likes

very good company with good oppurtunities and good pay

  • Salary - Excellent
  • +4 more

Dislikes

management is not so good,specially our managers always threatning for resign and salary hold.company needs to fix this kind of problems for their employee to work with full motivation

read more
  • Job security - Poor

Other Department

5.0
  •  posted on 22 Oct 2020

5.0
 for  Salary and Benefits

Likes

...ements is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisal are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +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.

read more
  • Salary - Poor

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.

  • Salary - Excellent
  • +6 more

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

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 09 Jun 2023

2.0
 for  Salary and Benefits

Likes

No positive to tell company not good salary not good supporting staff.

Dislikes

Treating very cheap to front line employees(Field workers).and also no support to superior s.. always blamed for front line employees.

read more
  • Salary - Poor
  • +4 more
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SBI Life Insurance Company Business Development Executive Salary FAQs

What is the salary of Business Development Executive at SBI Life Insurance Company?
Business Development Executive salary at SBI Life Insurance Company in India ranges between ₹2.0 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 14% less than the average Business Development Executive Salary in India. Salary estimates are based on 169 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Business Development Executive at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Business Development Executive at SBI Life Insurance Company is 14% less than the average salary of a Business Development Executive in India. To know exact salary insights, login to view.
What are the top skills required to work as a Business Development Executive at SBI Life Insurance Company?
Business Development, Business Development Management, Area Management, bdm and bde are some of the popular skills required to work as a Business Development Executive at SBI Life Insurance Company India.
Which similar companies are paying more than SBI Life Insurance Company to a Business Development Executive in India?
  • The New India Assurance Co. Business Development Executive Salary - ₹8.1 Lakhs to ₹12.5 Lakhs per year
  • The Oriental Insurance Co. Business Development Executive Salary - ₹1.2 Lakhs to ₹13.8 Lakhs per year
  • ICICI Lombard General Insurance Company Business Development Executive Salary - ₹2.5 Lakhs to ₹6.9 Lakhs per year
  • Bharti AXA Life Insurance Business Development Executive Salary - ₹3.0 Lakhs to ₹6.2 Lakhs per year
  • ICICI Prudential Life Insurance Business Development Executive Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
What is the salary of a Business Development Executive in companies similar to SBI Life Insurance Company in India?
  • MetLife Business Development Executive Salary - ₹2.0 Lakhs to ₹6.2 Lakhs per year
  • Bajaj Allianz Life Insurance Business Development Executive Salary - ₹2.4 Lakhs to ₹4.1 Lakhs per year
  • Kotak Mahindara Life Insurance Business Development Executive Salary - ₹1.2 Lakhs to ₹4.7 Lakhs per year
  • Max Life Insurance Business Development Executive Salary - ₹2.7 Lakhs to ₹5.0 Lakhs per year
  • Life Insurance Corporation of India Business Development Executive Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Business Development Executive at SBI Life Insurance Company in India?
The estimated take-home salary of a Business Development Executive at SBI Life Insurance Company ranges between ₹24,262 per month to ₹25,712 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Business Development Executive salary in India which ranges between ₹2.0 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
What is the notice period for Business Development Executive at SBI Life Insurance Company?
According to AmbitionBox, 41% of the SBI Life Insurance Company Business Development Executives reported a notice period of 1 Month, 28% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 355 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Business Development Executive salary in India ranges between ₹2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 169 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.