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SBI Life Insurance Company

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3.8

based on 3.9k Reviews

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SBI Life Insurance Company Business Development Executive salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
0 - 7 years exp.
₹2 Lakhs - ₹4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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19% less than the average Business Development Executive Salary in Insurance Companies for 0 - 7 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development
Business Development Executive Salary
1 - 3 years exp. (5 salaries)
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₹3 L/yr - ₹3.5 L/yr

Marketing & Communication
Business Development Executive Salary
0 - 7 years exp. (3 salaries)
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₹3.2 L/yr - ₹3.9 L/yr

BFSI, Investments & Trading
Business Development Executive Salary
3 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.4 L/yr

Customer Success, Service & Operations
Business Development Executive Salary
3 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹3.4 L/yr

Human Resources
Business Development Executive Salary
1 year exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.6 L/yr

Last Updated: 20 Mar 2025

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

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SBI Life Insurance Company Business Development Executive Salary

0 - 7 years exp. (18 salaries)
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₹2 L/yr - ₹4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Lombard General Insurance Company Business Development Executive Salary

0 - 5 years exp. (6 salaries)
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₹3.8 L/yr - ₹6 L/yr

arrow icon 70% more
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The New India Assurance Co. Business Development Executive Salary

31 - 34 years exp. (4 salaries)
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₹9.7 L/yr - ₹12.5 L/yr

arrow icon 212% more
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Kotak Mahindara Life Insurance Business Development Executive Salary

1 - 4 years exp. (3 salaries)
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₹3 L/yr - ₹4 L/yr

arrow icon 2% more
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BYJU'S Business Development Executive Salary

0 - 8 years exp. (618 salaries)
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₹2 L/yr - ₹9.5 L/yr

arrow icon 45% more
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Unacademy Business Development Executive Salary

0 - 6 years exp. (198 salaries)
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₹2.2 L/yr - ₹8 L/yr

arrow icon 44% more
 9 job openings
Business Development Executive salary at SBI Life Insurance Company ranges between ₹2 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 18 latest salaries received from various employees of SBI Life Insurance Company.

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

3w ago
₹3.6 Lakhs
1 year exp.
3w ago
₹3 Lakhs
1 year exp.
2mo ago
₹4 Lakhs
2 years exp.
5mo ago
₹3.5 Lakhs
1 year exp.
6mo ago
₹3.5 Lakhs
1 year exp.
8mo ago
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2 years exp.
11mo ago
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1 year exp.
1y ago
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5 months exp.
1y ago
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2 months exp.
1y ago
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4 months exp.

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

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹2 L/yr - ₹3.9 L/yr
1 year  (5 salaries)

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₹3 L/yr - ₹3.6 L/yr
2 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.8 L/yr
3 years  (4 salaries)

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₹2.5 L/yr - ₹5.9 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
View all
SBI Life Insurance Company Business Development Executive Salary and Career Growth

From

To

Business Development Executive

₹unlock blur Lakhs/yr

0 - 7 years exp.

Zonal Area Manager

₹unlock blur Lakhs/yr

14 - 21 years exp.

Business Development Executive

0 - 7 years exp.
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Sr. BDE

2 - 9 years exp.
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arrow icon 29% hike

BDM

2 - 9 years exp.
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arrow icon 9% hike
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

Business Development Manager Salary
(100 salaries)
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₹2.7 L/yr - ₹6.5 L/yr
Senior Business Development Executive Salary
(56 salaries)
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₹3 L/yr - ₹5 L/yr
Sales Executive Salary
(3 salaries)
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₹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

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more

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.

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

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Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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·
works at
Georgia-Pacific
New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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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 in Bangalore / Bengaluru?
The average salary of a Business Development Executive at SBI Life Insurance Company in Bangalore / Bengaluru typically ranges from ₹2.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Business Development Executive in Bangalore / Bengaluru at SBI Life Insurance Company earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Business Development Executive 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 estimates are based on salary data submitted by 10+ SBI Life Insurance Company employees in India.
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 in Bangalore / Bengaluru typically ranges from ₹24,000 to ₹25,454 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Development Executive at SBI Life Insurance Company in Bangalore / Bengaluru?
To be a Business Development Executive at SBI Life Insurance Company in Bangalore / Bengaluru, the key skills required include:

  • - Business Development
  • - Business Development Management
  • - Area Management
  • - bdm
  • - bde

These skills are highly valued at SBI Life Insurance Company and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than SBI Life Insurance Company for Business Development Executive in India?
The New India Assurance Co. ₹9.7 Lakhs to ₹12.5 Lakhs per year
ICICI Lombard General Insurance Company ₹3.8 Lakhs to ₹6.0 Lakhs per year
BYJU'S ₹2.0 Lakhs to ₹9.5 Lakhs per year
Unacademy ₹2.2 Lakhs to ₹8.0 Lakhs per year
Kotak Mahindara Life Insurance ₹3.0 Lakhs to ₹4.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Life Insurance Company, depending on the role and experience level.
How the salary growth look like for a Business Development Executive at SBI Life Insurance Company in Bangalore / Bengaluru?
The salary growth for a Business Development Executive at SBI Life Insurance Company in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Business Development Executive in Bangalore / Bengaluru can expect the following growth trajectory at SBI Life Insurance Company:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹3.9 Lakhs per year
1 year ₹3.0 Lakhs to ₹3.6 Lakhs per year
2 years ₹2.9 Lakhs to ₹3.8 Lakhs per year
3 years ₹2.5 Lakhs to ₹5.9 Lakhs per year
and so on.

Tell us how to improve this page.

SBI Life Insurance Company Business Development Executive salary in Bangalore / Bengaluru ranges between ₹2 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.