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SBI Life Insurance Company Financial Advisor salaries in Hyderabad / Secunderabad

Annual salary range
2 - 6 years exp.
₹2 Lakhs - ₹3.6 Lakhs
Salary of majority employees
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35% less than the average Financial Advisor Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Financial Advisor Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.5 L/yr

BFSI, Investments & Trading
Financial Advisor Salary
2 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.6 L/yr

Sales & Business Development
Financial Advisor Salary
2 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹3.3 L/yr

Last Updated: 23 Mar 2023

Companies similar to SBI Life Insurance Company for Financial Advisor in Hyderabad / Secunderabad

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SBI Life Insurance Company Financial Advisor Salary

2 - 6 years exp. (6 salaries)

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₹2 L/yr - ₹3.6 L/yr

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

1 - 7 years exp. (3 salaries)

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₹2.8 L/yr - ₹5.5 L/yr

arrow icon 8% more
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₹2.3 L/yr - ₹5.5 L/yr

arrow icon 17% more
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₹2.3 L/yr - ₹4.5 L/yr

arrow icon 45% more
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₹1.2 L/yr - ₹5 L/yr

At par
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₹1.8 L/yr - ₹2.5 L/yr

arrow icon 27% less
Financial Advisor salary at SBI Life Insurance Company ranges between ₹2 Lakhs to ₹3.6 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Financial Advisor in Hyderabad / Secunderabad

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2 years exp.
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Experience wise SBI Life Insurance Company Financial Advisor salaries in Hyderabad / Secunderabad

Last Updated: 23 Mar 2023

Experience Avg Annual Salary
2 years  (3 salaries)

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

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₹1.2 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.5 L/yr

Similar Designation salaries in SBI Life Insurance Company

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₹2.15 L/yr - ₹6 L/yr

Salary related reviews for SBI Life Insurance Company

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

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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.

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  • Salary - Poor
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SBI Life Insurance Company Financial Advisor Salary FAQs

What is the salary of Financial Advisor at SBI Life Insurance Company Hyderabad / Secunderabad?
Financial Advisor salary at SBI Life Insurance Company in Hyderabad / Secunderabad ranges between ₹2.0 Lakhs to ₹3.6 Lakhs for experience between 2 years to 6 years. According to our estimates it is 35% less than the average Financial Advisor Salary in India. Salary estimates are based on 6 latest salaries received from various employees of SBI Life Insurance Company Hyderabad / Secunderabad.
How does the salary of a Financial Advisor at SBI Life Insurance Company Hyderabad / Secunderabad compare with the average salary range for this job?
The average salary of a Financial Advisor at SBI Life Insurance Company is 35% less than the average salary of a Financial Advisor in Hyderabad / Secunderabad. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Financial Advisor in Hyderabad / Secunderabad?
  • Tata AIA Life Insurance Financial Advisor Salary - ₹2.3 Lakhs to ₹4.5 Lakhs per year
  • ICICI Prudential Life Insurance Financial Advisor Salary - ₹2.3 Lakhs to ₹5.5 Lakhs per year
  • HDFC Life Financial Advisor Salary - ₹2.8 Lakhs to ₹5.5 Lakhs per year
What is the salary of a Financial Advisor in companies similar to SBI Life Insurance Company in Hyderabad / Secunderabad?
  • Life Insurance Corporation of India Financial Advisor Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
  • Shriram Life Insurance Financial Advisor Salary - ₹1.8 Lakhs to ₹2.5 Lakhs per year
What is the estimated take home salary of a Financial Advisor at SBI Life Insurance Company in Hyderabad / Secunderabad?
The estimated take-home salary of a Financial Advisor at SBI Life Insurance Company ranges between ₹21,160 per month to ₹22,806 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average SBI Life Insurance Company Financial Advisor salary in India which ranges between ₹2.0 Lakhs to ₹3.6 Lakhs per year for employees with experience between 2 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 in Hyderabad / Secunderabad?
According to AmbitionBox, 67% of the SBI Life Insurance Company Financial Advisors in Hyderabad / Secunderabad reported a notice period of 15 days or less, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Financial Advisor salary in Hyderabad / Secunderabad ranges between ₹2 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.