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SBI Life Insurance Company Financial Advisor salaries in India (Updated 2025)

Annual salary range
0 - 6 years exp.
₹1 Lakh - ₹4.1 Lakhs
Salary of majority employees
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41% less than the average Financial Advisor Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

Sales & Business Development
Financial Advisor Salary
0 - 5 years exp. (13 salaries)
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₹1.5 L/yr - ₹4 L/yr

Customer Success, Service & Operations
Financial Advisor Salary
1 - 6 years exp. (6 salaries)
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₹2 L/yr - ₹4 L/yr

BFSI, Investments & Trading
Financial Advisor Salary
0 - 5 years exp. (5 salaries)
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₹1 L/yr - ₹4 L/yr

Finance & Accounting
Financial Advisor Salary
1 - 2 years exp. (4 salaries)
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₹1 L/yr - ₹3 L/yr

Human Resources
Financial Advisor Salary
1 - 4 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.7 L/yr

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Last Updated: 12 Feb 2025

Companies similar to SBI Life Insurance Company for Financial Advisor

Company name Avg Annual Salary Open Jobs
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HDFC Life Financial Advisor Salary

0 - 10 years exp. (78 salaries)

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₹1.2 L/yr - ₹5.5 L/yr

arrow icon 11% more
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₹0.9 L/yr - ₹6.3 L/yr

arrow icon 27% more
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Max Life Insurance Financial Advisor Salary

0 - 10 years exp. (111 salaries)

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₹1 L/yr - ₹8 L/yr

arrow icon 32% more
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₹1 L/yr - ₹8 L/yr

arrow icon 8% more
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₹1 L/yr - ₹6 L/yr

arrow icon 3% less
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₹1.2 L/yr - ₹6 L/yr

arrow icon 59% more
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₹0.6 L/yr - ₹4.1 L/yr

arrow icon 4% less
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PNB MetLife Financial Advisor Salary

1 - 8 years exp. (18 salaries)

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₹0.9 L/yr - ₹7.5 L/yr

arrow icon 10% more
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₹1.1 L/yr - ₹2.4 L/yr

arrow icon 29% less
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MetLife Financial Advisor Salary

1 - 4 years exp. (9 salaries)

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₹1 L/yr - ₹4 L/yr

arrow icon 34% less
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₹1.7 L/yr - ₹2.5 L/yr

arrow icon 31% less
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Gallagher Financial Advisor Salary

0 - 3 years exp. (4 salaries)

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₹9 L/yr - ₹13.5 L/yr

arrow icon 292% more
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₹2.2 L/yr - ₹5.5 L/yr

arrow icon 71% more
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₹1.6 L/yr - ₹3.3 L/yr

arrow icon 8% more
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₹1.8 L/yr - ₹2.5 L/yr

arrow icon 27% less

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Financial Advisor salary at SBI Life Insurance Company ranges between ₹1 Lakh to ₹4.1 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 46 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Financial Advisor

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Experience wise SBI Life Insurance Company Financial Advisor salaries

Last Updated: 12 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.5 L/yr - ₹2.5 L/yr
1 year  (9 salaries)

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₹1 L/yr - ₹3.5 L/yr
2 years  (10 salaries)

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₹1 L/yr - ₹4.1 L/yr
3 years  (6 salaries)

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₹1 L/yr - ₹4 L/yr
4 years  (7 salaries)

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₹2 L/yr - ₹4 L/yr
View all
SBI Life Insurance Company Financial Advisor Salary and Career Growth

From

To

Financial Advisor

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0 - 6 years exp.

Associate Vice President

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9 - 20 years exp.

Financial Advisor 0 - 6 years exp.
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Manager 3 - 20 years exp.
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arrow icon 301% hike
    Associate Vice President 9 - 20 years exp.
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    arrow icon 101% hike

    From

    1 more level

    To

    Financial Advisor

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    0 - 6 years exp.

    Senior Manager

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    5 - 14 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.

    Similar Designation salaries in SBI Life Insurance Company

    unlock blur
    ₹2 L/yr - ₹7.5 L/yr
    unlock blur
    ₹1.2 L/yr - ₹5.5 L/yr
    Analyst Salary
    (4 salaries)
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    ₹4.2 L/yr - ₹7.95 L/yr
    Associate Analyst Salary
    (AmbitionBox Estimate)
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    ₹2.4 L/yr - ₹3.1 L/yr
    Senior Analyst Salary
    (AmbitionBox Estimate)
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    ₹9 L/yr - ₹11.5 L/yr
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    ₹5.2 L/yr - ₹8 L/yr
    Credit Analyst Salary
    (AmbitionBox Estimate)
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    ₹3.4 L/yr - ₹4.4 L/yr
    Senior Associate Salary
    (537 salaries)
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    ₹2 L/yr - ₹6.75 L/yr
    Credit Manager Salary
    (AmbitionBox Estimate)
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    ₹15.8 L/yr - ₹20.2 L/yr
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    ₹5.1 L/yr - ₹10.5 L/yr

    Salary related reviews for SBI Life Insurance Company

    3.6

    Rated by 19 employees for salary & benefits

    Full Time

     · 

    Sales & Business Development Department

    3.0
      •  posted on 02 Nov 2023

    4.0
     for  Salary and Benefits

    Likes

    Salary and benefits are supportive.

    • Salary - Good
    • +1 more

    Dislikes

    No work life balance. The sales team pushes things like hell specially in the eastern region of the country. Third Saturday is a leave according to the company's leave policies but we don't get that leave.

    read more
    • Skill development - Poor
    • +4 more

    Full Time

     · 

    Customer Success, Service & Operations Department

    4.0
      •  posted on 30 May 2022

    3.0
     for  Salary and Benefits

    Likes

    Average work environment and culture . Teammates are supportive and the management is selfish. Company policies are bad . Appraisals not fair in this company.

    read more
    • Job security - Good

    Dislikes

    There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is very slow

    read more
    • Work satisfaction - Poor
    • +2 more

    Full Time

     · 

    BFSI, Investments & Trading Department

    4.0
      •  posted on 29 Apr 2018

    3.0
     for  Salary and Benefits

    Likes

    Company is

    • Job security - Good
    • +1 more

    Dislikes

    Company is good but as per process of career growth, it is very slow. Company's salary structure is also not good. My salary is less than a person who is coming on my position which I had before 2 years

    read more

    BFSI, Investments & Trading Department

    5.0
      •  posted on 29 Oct 2020

    5.0
     for  Salary and Benefits

    Likes

    ...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give 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
    see more salary related reviews

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    SBI Life Insurance Company Financial Advisor Salary FAQs

    What is the salary of Financial Advisor at SBI Life Insurance Company?
    Financial Advisor salary at SBI Life Insurance Company in India ranges between ₹1.0 Lakhs to ₹4.1 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 41% less than the average Financial Advisor Salary in India. Salary estimates are based on 46 latest salaries received from various employees of SBI Life Insurance Company India.
    How does the salary of a Financial Advisor at SBI Life Insurance Company India compare with the average salary range for this job?
    The average salary of a Financial Advisor at SBI Life Insurance Company is 41% less than the average salary of a Financial Advisor in India. To know exact salary insights, login to view.
    Which similar companies are paying more than SBI Life Insurance Company to a Financial Advisor in India?
    • Gallagher Financial Advisor Salary - ₹9.0 Lakhs to ₹13.5 Lakhs per year
    • ICICI Lombard General Insurance Company Financial Advisor Salary - ₹2.2 Lakhs to ₹5.5 Lakhs per year
    • Tata AIA Life Insurance Financial Advisor Salary - ₹1.2 Lakhs to ₹6.0 Lakhs per year
    • Max Life Insurance Financial Advisor Salary - ₹1.0 Lakhs to ₹8.0 Lakhs per year
    • ICICI Prudential Life Insurance Financial Advisor Salary - ₹0.9 Lakhs to ₹6.3 Lakhs per year
    What is the salary of a Financial Advisor in companies similar to SBI Life Insurance Company in India?
    • HDFC Life Financial Advisor Salary - ₹1.2 Lakhs to ₹5.5 Lakhs per year
    • PNB MetLife Financial Advisor Salary - ₹0.9 Lakhs to ₹7.5 Lakhs per year
    • Kotak Mahindara Life Insurance Financial Advisor Salary - ₹1.0 Lakhs to ₹8.0 Lakhs per year
    • Star Health & Allied Insurance Financial Advisor Salary - ₹1.6 Lakhs to ₹3.3 Lakhs per year
    • Life Insurance Corporation of India Financial Advisor Salary - ₹1.0 Lakhs to ₹6.0 Lakhs per year
    What is the estimated take home salary of a Financial Advisor at SBI Life Insurance Company in India?
    The estimated take-home salary of a Financial Advisor at SBI Life Insurance Company ranges between ₹19,819 per month to ₹21,484 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Financial Advisor salary in India which ranges between ₹1.0 Lakhs to ₹4.1 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
    What is the notice period for Financial Advisor at SBI Life Insurance Company?
    According to AmbitionBox, 74% of the SBI Life Insurance Company Financial Advisors reported a notice period of 15 days or less, 18% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 61 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    SBI Life Insurance Company Financial Advisor salary in India ranges between ₹1 Lakh to ₹4.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 46 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.