SBI Life Insurance Company Financial Advisor Salaries by 40+ Employees (Updated 2025)

1 - 6 years exp.

₹0.7 Lakh - ₹4.1 Lakhs

Salary of majority employees

41% less than the average Financial Advisor Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

Sales & Business Development Financial Advisor Salary 1 - 5 years exp. (12 salaries)	₹2 L/yr - ₹4 L/yr
Customer Success, Service & Operations Financial Advisor Salary 1 - 6 years exp. (6 salaries)	₹2 L/yr - ₹4 L/yr
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BFSI, Investments & Trading Financial Advisor Salary 2 - 5 years exp. (4 salaries)	₹1 L/yr - ₹4 L/yr
Finance & Accounting Financial Advisor Salary 1 - 2 years exp. (4 salaries)	₹1 L/yr - ₹3 L/yr
Human Resources Financial Advisor Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr

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Last Updated: 10 Jan 2025

Companies similar to SBI Life Insurance Company for Financial Advisor

Company name	Avg Annual Salary	Open Jobs
HDFC Life Financial Advisor Salary 0 - 7 years exp. (69 salaries)	₹1.1 L/yr - ₹5.5 L/yr 8% more
ICICI Prudential Life Insurance Financial Advisor Salary 0 - 7 years exp. (166 salaries)	₹1.1 L/yr - ₹6.3 L/yr 23% more
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Max Life Insurance Financial Advisor Salary 0 - 10 years exp. (111 salaries)	₹1 L/yr - ₹8 L/yr 32% more	1 job opening
Kotak Mahindara Life Insurance Financial Advisor Salary 0 - 6 years exp. (43 salaries)	₹1 L/yr - ₹8 L/yr 9% more
Life Insurance Corporation of India Financial Advisor Salary 0 - 8 years exp. (83 salaries)	₹1 L/yr - ₹6 L/yr 1% less
Tata AIA Life Insurance Financial Advisor Salary 0 - 15 years exp. (25 salaries)	₹1 L/yr - ₹6 L/yr 57% more
PNB MetLife Financial Advisor Salary 1 - 8 years exp. (18 salaries)	₹0.9 L/yr - ₹7.5 L/yr 10% more
Aditya Birla Sun Life Insurance Financial Advisor Salary 0 - 5 years exp. (18 salaries)	₹1 L/yr - ₹4.1 L/yr 5% less
Reliance Nippon Life Insurance Financial Advisor Salary 0 - 4 years exp. (16 salaries)	₹1.1 L/yr - ₹2.4 L/yr 31% less
MetLife Financial Advisor Salary 1 - 4 years exp. (9 salaries)	₹1 L/yr - ₹4 L/yr 34% less
Shriram Life Insurance Financial Advisor Salary 0 - 3 years exp. (6 salaries)	₹1.8 L/yr - ₹2.5 L/yr 26% less
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Gallagher Financial Advisor Salary 0 - 3 years exp. (4 salaries)	₹9 L/yr - ₹13.5 L/yr 293% more
ICICI Lombard General Insurance Company Financial Advisor Salary 2 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹5.5 L/yr 71% more
Star Health & Allied Insurance Financial Advisor Salary 1 - 3 years exp. (4 salaries)	₹1.6 L/yr - ₹3.3 L/yr 8% more
Aditya Birla Health Insurance Co Financial Advisor Salary 1 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹2.5 L/yr 27% less

Financial Advisor salary at SBI Life Insurance Company ranges between ₹0.7 Lakh to ₹4.1 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 45 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Financial Advisor salaries

Last Updated: 10 Jan 2025

Experience	Avg Annual Salary
1 year (10 salaries)	₹0.7 L/yr - ₹3.5 L/yr
2 years (10 salaries)	₹1 L/yr - ₹4.1 L/yr
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3 years (6 salaries)	₹1 L/yr - ₹4 L/yr
4 years (7 salaries)	₹2 L/yr - ₹4 L/yr
5 years (7 salaries)	₹2 L/yr - ₹4 L/yr
6 years (5 salaries)	₹2.6 L/yr - ₹3.5 L/yr

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Similar Designation salaries in SBI Life Insurance Company

Financial Analyst Salary

(5 salaries)

₹2 L/yr - ₹4.5 L/yr

Finance Executive Salary

(5 salaries)

₹1.2 L/yr - ₹5.5 L/yr

Analyst Salary

(4 salaries)

₹4.2 L/yr - ₹7.95 L/yr

Associate Analyst Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Business Analyst Salary

(6 salaries)

₹5.2 L/yr - ₹8 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Senior Associate Salary

(544 salaries)

₹2 L/yr - ₹6.8 L/yr

Credit Manager Salary

(AmbitionBox Estimate)

₹15.8 L/yr - ₹20.2 L/yr

Management Trainee Salary

(37 salaries)

₹3.5 L/yr - ₹10.5 L/yr

Salary related reviews for SBI Life Insurance Company

4.3

Rated by 18 employees for salary & benefits

Management Trainee in Kolkata

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.

Skill development - Poor

+4 more

Senior Associate in New Delhi

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.

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

Work satisfaction - Poor

+2 more

Senior Associate in Jaipur

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

Senior Associate in Sultanpur

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.

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

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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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 ₹0.7 Lakhs to ₹4.1 Lakhs for experience between 1 years to 6 years. According to our estimates it is 41% less than the average Financial Advisor Salary in India. Salary estimates are based on 45 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 - ₹1.0 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 - ₹1.1 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?

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
HDFC Life Financial Advisor Salary - ₹1.1 Lakhs to ₹5.5 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 ₹19,750 per month to ₹21,417 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 ₹0.7 Lakhs to ₹4.1 Lakhs per year for employees with experience between 1 years 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, 76% 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 63 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Financial Advisor Salaries by Location

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SBI Life Insurance Company Financial Advisor Salaries

SBI Life Insurance Company Financial Advisor salary in India ranges between ₹0.7 Lakh to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 45 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Financial Advisor salaries in India

Companies similar to SBI Life Insurance Company for Financial Advisor

Latest annual salaries shared by SBI Life Insurance Company Financial Advisor

Experience wise SBI Life Insurance Company Financial Advisor salaries

Similar Designation salaries in SBI Life Insurance Company

Salary related reviews for SBI Life Insurance Company

Management Trainee in Kolkata

Senior Associate in New Delhi

Senior Associate in Jaipur

Senior Associate in Sultanpur

Business Development Manager in Deoghar

SBI Life Insurance Company Financial Advisor Salary FAQs

Tell us how to improve this page.

SBI Life Insurance Company Financial Advisor Salaries by Location