SBI Life Insurance Company Bangalore / Bengaluru Business Development Executive Salaries by 20+ Employees (Updated 2025)

0 - 8 years exp.

₹2 Lakhs - ₹4.3 Lakhs

Salary of majority employees

18% 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 1 - 3 years exp. (5 salaries)	₹3 L/yr - ₹3.7 L/yr
Marketing & Communication Business Development Executive Salary 0 - 7 years exp. (3 salaries)	₹3.2 L/yr - ₹3.6 L/yr
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Customer Success, Service & Operations Business Development Executive Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.6 L/yr
BFSI, Investments & Trading Business Development Executive Salary 3 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr
Finance & Accounting Business Development Executive Salary 8 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr

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Last Updated: 13 Feb 2025

Companies similar to SBI Life Insurance Company for Business Development Executive in Bangalore / Bengaluru

SBI Life Insurance Company Business Development Executive Salary

0 - 8 years exp. (20 salaries)

₹2 L/yr - ₹4.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Business Development Executive Salary 1 - 4 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr At par
Bharti AXA Life Insurance Business Development Executive Salary 1 - 7 years exp. (9 salaries)	₹3.5 L/yr - ₹5.8 L/yr 35% more
Login to view exact salary
ICICI Lombard General Insurance Company Business Development Executive Salary 0 - 5 years exp. (6 salaries)	₹3.8 L/yr - ₹6 L/yr 68% more
The New India Assurance Co. Business Development Executive Salary 31 - 34 years exp. (4 salaries)	₹9.7 L/yr - ₹12.5 L/yr 209% more
BYJU'S Business Development Executive Salary 0 - 7 years exp. (633 salaries)	₹2 L/yr - ₹9.5 L/yr 45% more

Business Development Executive salary at SBI Life Insurance Company ranges between ₹2 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 20 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Business Development Executive salaries in Bangalore / Bengaluru

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
Fresher (4 salaries)	₹2 L/yr - ₹3.5 L/yr
1 year (6 salaries)	₹2.6 L/yr - ₹3.6 L/yr
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2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr
3 years (4 salaries)	₹2.5 L/yr - ₹5.9 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹6.1 L/yr
6 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.6 L/yr
7 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.6 L/yr
8 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.3 L/yr

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From

Business Development Executive

₹

Lakhs/yr

0 - 8 years exp.

Zonal Area Manager

₹

Lakhs/yr

12 - 21 years exp.

Business Development Executive 0 - 8 years exp.

Sr. BDE 2 - 9 years exp.

25% hike

BDM 3 - 10 years exp.

8% hike

Similar Designation salaries in SBI Life Insurance Company

Business Development Manager Salary

(100 salaries)

₹2.7 L/yr - ₹6.5 L/yr

Senior Business Development Executive Salary

(58 salaries)

₹3 L/yr - ₹5 L/yr

Sales Executive Salary

(3 salaries)

₹2 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

3.9

Rated by 5 employees for salary & benefits

Business Development Executive in Gangtok

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

Job security - Poor

Business Development Executive in Buagalpur

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.

Salary - Excellent

+6 more

Business Development Manager in Deoghar

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.

Salary - Poor

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.

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.

Senior Business Development Executive in Ongole

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.

Salary - Poor

+4 more

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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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 Bangalore / Bengaluru?

Business Development Executive salary at SBI Life Insurance Company in Bangalore / Bengaluru ranges between ₹2.0 Lakhs to ₹4.3 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 18% less than the average Business Development Executive Salary in India. Salary estimates are based on 20 latest salaries received from various employees of SBI Life Insurance Company Bangalore / Bengaluru.

How does the salary of a Business Development Executive at SBI Life Insurance Company Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Business Development Executive at SBI Life Insurance Company is 18% less than the average salary of a Business Development Executive in Bangalore / Bengaluru. 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 Bangalore / Bengaluru.

Which similar companies are paying more than SBI Life Insurance Company to a Business Development Executive in Bangalore / Bengaluru?

The New India Assurance Co. Business Development Executive Salary - ₹9.7 Lakhs to ₹12.5 Lakhs per year
ICICI Lombard General Insurance Company Business Development Executive Salary - ₹3.8 Lakhs to ₹6.0 Lakhs per year
BYJU'S Business Development Executive Salary - ₹2.0 Lakhs to ₹9.5 Lakhs per year
Bharti AXA Life Insurance Business Development Executive Salary - ₹3.5 Lakhs to ₹5.8 Lakhs per year
Kotak Mahindara Life Insurance Business Development Executive Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Business Development Executive at SBI Life Insurance Company in Bangalore / Bengaluru?

The estimated take-home salary of a Business Development Executive at SBI Life Insurance Company ranges between ₹24,317 per month to ₹25,766 per month in Bangalore / Bengaluru. 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 ₹4.3 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 in Bangalore / Bengaluru?

According to AmbitionBox, 38% of the SBI Life Insurance Company Business Development Executives in Bangalore / Bengaluru reported a notice period of 15 days or less, 33% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 21 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Business Development Executive Salaries in Bangalore / Bengaluru

SBI Life Insurance Company Business Development Executive salary in Bangalore / Bengaluru ranges between ₹2 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Business Development Executive salaries in Bangalore / Bengaluru

Companies similar to SBI Life Insurance Company for Business Development Executive in Bangalore / Bengaluru

Latest annual salaries shared by SBI Life Insurance Company Business Development Executive in Bangalore / Bengaluru

Experience wise SBI Life Insurance Company Business Development Executive salaries in Bangalore / Bengaluru

Similar Designation salaries in SBI Life Insurance Company

Top skills at SBI Life Insurance Company for Business Development Executive

Salary related reviews for SBI Life Insurance Company

Business Development Executive in Gangtok

Business Development Executive in Buagalpur

Business Development Manager in Deoghar

Area Sales Manager in Vijayawada

Senior Business Development Executive in Ongole

SBI Life Insurance Company Business Development Executive Salary FAQs

Tell us how to improve this page.