SBI Life Insurance Company Erode Deputy Manager Salaries by 2 Employees

5 - 7 years exp.

₹5.3 Lakhs - ₹6.8 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 21 Oct 2023

Companies similar to SBI Life Insurance Company for Deputy Manager in Erode

SBI Life Insurance Company Deputy Manager Salary

5 - 7 years exp. (AmbitionBox Estimate)

₹5.3 L/yr - ₹6.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Equitas Small Finance Bank Deputy Manager Salary 4 - 12 years exp. (14 salaries)	₹3.1 L/yr - ₹6.6 L/yr 10% less
Seshasayee Paper & Boards Deputy Manager Salary 15 - 18 years exp. (4 salaries)	₹9.5 L/yr - ₹11 L/yr 68% more
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National Cooperative Dairy Federation of India Deputy Manager Salary 5 - 6 years exp. (4 salaries)	₹7.2 L/yr - ₹9.2 L/yr 36% more
Satin Creditcare Network Deputy Manager Salary 6 - 8 years exp. (3 salaries)	₹3.4 L/yr - ₹5.4 L/yr 8% less

Deputy Manager salary at SBI Life Insurance Company ranges between ₹5.3 Lakhs to ₹6.8 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 2 latest salaries received from various employees of SBI Life Insurance Company.

From

Deputy Manager

₹

Lakhs/yr

2 - 15 years exp.

Senior Manager

₹

Lakhs/yr

5 - 14 years exp.

Deputy Manager 2 - 15 years exp.

Manager 3 - 17 years exp.

69% hike

Senior Manager 5 - 14 years exp.

-7% hike

From

View 1 more level

Deputy Manager

2 - 15 years exp.

Associate Vice President

9 - 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.

Salary related reviews for SBI Life Insurance Company

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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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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.

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Only Job Security,

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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.🙏

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Salary before month end Brand Reputation

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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

Skill development - Poor

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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 Deputy Manager Salary FAQs

How the salary growth look like for a Deputy Manager at SBI Life Insurance Company in Erode?

The salary growth for a Deputy Manager at SBI Life Insurance Company in Erode depends on factors such as experience, performance, and promotions. On average, a Deputy Manager in Erode can expect the following growth trajectory at SBI Life Insurance Company:

Experience	Average Salary Range
5 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
6 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
7 years	₹4.9 Lakhs to ₹6.3 Lakhs per year

and so on.

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SBI Life Insurance Company Deputy Manager Salaries in Erode

SBI Life Insurance Company Deputy Manager salary in Erode ranges between ₹5.3 Lakhs to ₹6.8 Lakhs. This is an estimate based on latest salaries received from employees of SBI Life Insurance Company.