SBI Life Insurance Company Deputy Sales Manager Salaries by 5 Employees (Updated 2024)

2 - 13 years exp.

₹3 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

46% less than the average Deputy Sales Manager Salary in Insurance Companies for 2 - 13 years of experience

Interested in this particular role?

Last Updated: 5 Aug 2024

Companies similar to SBI Life Insurance Company for Deputy Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Deputy Sales Manager Salary 1 - 10 years exp. (221 salaries)	₹3.5 L/yr - ₹8 L/yr 22% more
HDFC Life Deputy Sales Manager Salary 2 - 10 years exp. (3 salaries)	₹3.4 L/yr - ₹10.1 L/yr 45% more
Login to view exact salary
Max Life Insurance Deputy Sales Manager Salary 1 - 10 years exp. (4 salaries)	₹2.3 L/yr - ₹4.6 L/yr 9% less
Bajaj Allianz Life Insurance Deputy Sales Manager Salary 5 - 14 years exp. (4 salaries)	₹9.9 L/yr - ₹11.8 L/yr 141% more
Kotak Mahindara Life Insurance Deputy Sales Manager Salary 0 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹4 L/yr 25% less
Reliance Nippon Life Insurance Deputy Sales Manager Salary 1 - 5 years exp. (4 salaries)	₹2 L/yr - ₹2.6 L/yr 50% less
Aditya Birla Sun Life Insurance Deputy Sales Manager Salary 3 - 7 years exp. (33 salaries)	₹3 L/yr - ₹8 L/yr 6% less
HDFC Ergo General Insurance Deputy Sales Manager Salary 1 - 11 years exp. (8 salaries)	₹4.2 L/yr - ₹6 L/yr 4% more
ICICI Lombard General Insurance Company Deputy Sales Manager Salary 6 - 9 years exp. (3 salaries)	₹4.5 L/yr - ₹9.5 L/yr 46% more

Deputy Sales Manager salary at SBI Life Insurance Company ranges between ₹3 Lakhs to ₹7 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Deputy Sales Manager salaries

Last Updated: 5 Aug 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
Login to view exact salary
12 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
13 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in SBI Life Insurance Company

Senior Sales Manager Salary

(4 salaries)

₹3.4 L/yr - ₹4.5 L/yr

Territory Sales Manager Salary

(11 salaries)

₹4.87 L/yr - ₹6 L/yr

Area Sales Manager Salary

(32 salaries)

₹3.75 L/yr - ₹15.15 L/yr

Deputy Manager Salary

(39 salaries)

₹2.4 L/yr - ₹8.5 L/yr

Sales Manager Salary

(82 salaries)

₹1.2 L/yr - ₹5.6 L/yr

Assistant Sales Manager Salary

(6 salaries)

₹1.88 L/yr - ₹6.5 L/yr

Regional Manager Salary

(6 salaries)

₹30 L/yr - ₹39.09 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹20.9 L/yr - ₹26.7 L/yr

Relationship Manager Salary

(60 salaries)

₹2.5 L/yr - ₹6 L/yr

Business Manager Salary

(31 salaries)

₹4.35 L/yr - ₹8.5 L/yr

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.

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

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

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.

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

Senior Business Development Manager in Katni

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Apr 2022

2.0

for Salary and Benefits

Likes

Best brand in insurance sector..well known..

Dislikes

Salary is low as per targets given by company..incentives are good but company has to think for good salary as well.. Products is not up to the mark as per market competition.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

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?

Got a question about SBI Life Insurance Company?

Ask anonymously on communities.

SBI Life Insurance Company Deputy Sales Manager Salary FAQs

What is the salary of Deputy Sales Manager at SBI Life Insurance Company?

Deputy Sales Manager salary at SBI Life Insurance Company in India ranges between ₹3.0 Lakhs to ₹7.0 Lakhs for experience between 2 years to 13 years. According to our estimates it is 46% less than the average Deputy Sales Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company India.

How does the salary of a Deputy Sales Manager at SBI Life Insurance Company India compare with the average salary range for this job?

The average salary of a Deputy Sales Manager at SBI Life Insurance Company is 46% less than the average salary of a Deputy Sales Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI Life Insurance Company to a Deputy Sales Manager in India?

Bajaj Allianz Life Insurance Deputy Sales Manager Salary - ₹9.9 Lakhs to ₹11.8 Lakhs per year
ICICI Lombard General Insurance Company Deputy Sales Manager Salary - ₹4.5 Lakhs to ₹9.5 Lakhs per year
HDFC Life Deputy Sales Manager Salary - ₹3.4 Lakhs to ₹10.1 Lakhs per year
ICICI Prudential Life Insurance Deputy Sales Manager Salary - ₹3.5 Lakhs to ₹8.0 Lakhs per year
HDFC Ergo General Insurance Deputy Sales Manager Salary - ₹4.2 Lakhs to ₹6.0 Lakhs per year

What is the salary of a Deputy Sales Manager in companies similar to SBI Life Insurance Company in India?

Aditya Birla Sun Life Insurance Deputy Sales Manager Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year
Max Life Insurance Deputy Sales Manager Salary - ₹2.3 Lakhs to ₹4.6 Lakhs per year
Kotak Mahindara Life Insurance Deputy Sales Manager Salary - ₹2.3 Lakhs to ₹4.0 Lakhs per year
Reliance Nippon Life Insurance Deputy Sales Manager Salary - ₹2.0 Lakhs to ₹2.6 Lakhs per year

What is the estimated take home salary of a Deputy Sales Manager at SBI Life Insurance Company in India?

The estimated take-home salary of a Deputy Sales Manager at SBI Life Insurance Company ranges between ₹34,351 per month to ₹35,600 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Deputy Sales Manager salary in India which ranges between ₹3.0 Lakhs to ₹7.0 Lakhs per year for employees with experience between 2 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Deputy Sales Manager at SBI Life Insurance Company?

According to AmbitionBox, 100% of the SBI Life Insurance Company Deputy Sales Managers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Deputy Sales Manager Salaries by Location

Home >
Salaries >
SBI Life Insurance Company Salaries >
SBI Life Insurance Company Deputy Sales Manager Salaries

SBI Life Insurance Company Deputy Sales Manager salary in India ranges between ₹3 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.