SBI Life Insurance Company Hyderabad / Secunderabad Financial Advisor Salaries by 6 Employees

2 - 6 years exp.

₹2 Lakhs - ₹3.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

41% 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)	₹2.9 L/yr - ₹3.5 L/yr
BFSI, Investments & Trading Financial Advisor Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.6 L/yr
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Sales & Business Development Financial Advisor Salary 2 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.2 L/yr

Last Updated: 23 Mar 2023

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

SBI Life Insurance Company Financial Advisor Salary

2 - 6 years exp. (6 salaries)

₹2 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Financial Advisor Salary 0 - 5 years exp. (14 salaries)	₹2.3 L/yr - ₹5.5 L/yr 26% more
Tata AIA Life Insurance Financial Advisor Salary 2 - 15 years exp. (5 salaries)	₹2.3 L/yr - ₹4.5 L/yr 43% more
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Life Insurance Corporation of India Financial Advisor Salary 0 - 2 years exp. (4 salaries)	₹1.2 L/yr - ₹5 L/yr 1% more
HDFC Life Financial Advisor Salary 1 - 10 years exp. (4 salaries)	₹2.5 L/yr - ₹5.5 L/yr 24% more
Shriram Life Insurance Financial Advisor Salary 2 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹2.5 L/yr 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.

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)	₹2 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

From

Financial Advisor

₹

Lakhs/yr

0 - 6 years exp.

Senior Manager

₹

Lakhs/yr

5 - 14 years exp.

Financial Advisor 0 - 6 years exp.

Manager 3 - 20 years exp.

304% hike

Senior Manager 5 - 14 years exp.

-11% hike

From

View 1 more level

Financial Advisor

0 - 6 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.

Similar Designation salaries in SBI Life Insurance Company

Senior Associate Salary

(56 salaries)

₹2.35 L/yr - ₹6 L/yr

Salary related reviews for SBI Life Insurance Company

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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SBI Life Insurance Company Financial Advisor Salary FAQs

What is the salary of Financial Advisor at SBI Life Insurance Company in Hyderabad / Secunderabad?

The average salary of a Financial Advisor at SBI Life Insurance Company in Hyderabad / Secunderabad typically ranges from ₹2.0 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Financial Advisor in Hyderabad / Secunderabad at SBI Life Insurance Company earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Financial Advisor Salaries at SBI Life Insurance Company can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 SBI Life Insurance Company employees in India.

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 in Hyderabad / Secunderabad typically ranges from ₹20,594 to ₹22,248 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 2 years to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SBI Life Insurance Company for Financial Advisor in India?

Tata AIA Life Insurance	₹2.3 Lakhs to ₹4.5 Lakhs per year
ICICI Prudential Life Insurance	₹2.3 Lakhs to ₹5.5 Lakhs per year
HDFC Life	₹2.5 Lakhs to ₹5.5 Lakhs per year
Life Insurance Corporation of India	₹1.2 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Life Insurance Company, depending on the role and experience level.

What is the salary of a Financial Advisor in companies similar to SBI Life Insurance Company in Hyderabad / Secunderabad?

The salary of a Financial Advisor at companies similar to SBI Life Insurance Company in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shriram Life Insurance

₹1.8 Lakhs to ₹2.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Financial Advisor at SBI Life Insurance Company in Hyderabad / Secunderabad?

The salary growth for a Financial Advisor at SBI Life Insurance Company in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Financial Advisor in Hyderabad / Secunderabad can expect the following growth trajectory at SBI Life Insurance Company:

Experience	Average Salary Range
2 years	₹2.0 Lakhs to ₹3.6 Lakhs per year
3 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
5 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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SBI Life Insurance Company Financial Advisor Salaries in Hyderabad / Secunderabad

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