SBI Life Insurance Company Financial Consultant Salaries by 5 Employees

1 - 4 years exp.

₹1.5 Lakh - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

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69% less than the average Financial Consultant Salary in Insurance Companies for 1 - 4 years of experience

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Last Updated: 27 Apr 2024

Companies similar to SBI Life Insurance Company for Financial Consultant

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Financial Consultant Salary 0 - 4 years exp. (170 salaries)	Unlock ₹2 L/yr - ₹4.6 L/yr 77% more
HDFC Life Financial Consultant Salary 0 - 5 years exp. (230 salaries)	Unlock ₹1 L/yr - ₹4.8 L/yr 41% more
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Axis Max Life Insurance Financial Consultant Salary 1 - 4 years exp. (7 salaries)	Unlock ₹2.4 L/yr - ₹4.5 L/yr 83% more
Bajaj Allianz Life Insurance Financial Consultant Salary 2 - 19 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹16.5 L/yr 391% more
Kotak Mahindara Life Insurance Financial Consultant Salary 3 - 14 years exp. (3 salaries)	Unlock ₹1 L/yr - ₹4.6 L/yr 130% more
Reliance Nippon Life Insurance Financial Consultant Salary 2 - 6 years exp. (3 salaries)	Unlock ₹1.1 L/yr - ₹3 L/yr 10% less
Tata AIA Life Insurance Financial Consultant Salary 1 - 4 years exp. (5 salaries)	Unlock ₹1.1 L/yr - ₹5 L/yr 110% more
PNB MetLife Financial Consultant Salary 3 - 7 years exp. (5 salaries)	Unlock ₹2 L/yr - ₹5.3 L/yr 70% more
Life Insurance Corporation of India Financial Consultant Salary 0 - 9 years exp. (4 salaries)	Unlock ₹1.2 L/yr - ₹4.5 L/yr 17% more
HDFC Ergo General Insurance Financial Consultant Salary 1 - 2 years exp. (3 salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr 69% more

Financial Consultant salary at SBI Life Insurance Company ranges between ₹1.5 Lakh to ₹2.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Financial Consultant salaries

Last Updated: 27 Apr 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹1.5 L/yr - ₹1.5 L/yr
2 years (AmbitionBox Estimate)	Unlock ₹0.7 L/yr - ₹2 L/yr
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3 years (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹1 L/yr - ₹2.5 L/yr

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Salary related reviews for SBI Life Insurance Company

4.9

Rated by 2 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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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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SBI Life Insurance Company Financial Consultant Salary FAQs

What is the salary of Financial Consultant at SBI Life Insurance Company?

Financial Consultant salary at SBI Life Insurance Company in India ranges between ₹1.5 Lakhs to ₹2.5 Lakhs for experience between 1 years to 4 years. According to our estimates it is 69% less than the average Financial Consultant 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 Financial Consultant at SBI Life Insurance Company India compare with the average salary range for this job?

The average salary of a Financial Consultant at SBI Life Insurance Company is 69% less than the average salary of a Financial Consultant in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI Life Insurance Company to a Financial Consultant in India?

Bajaj Allianz Life Insurance Financial Consultant Salary - ₹3.0 Lakhs to ₹16.5 Lakhs per year
Kotak Mahindara Life Insurance Financial Consultant Salary - ₹1.0 Lakhs to ₹4.6 Lakhs per year
Tata AIA Life Insurance Financial Consultant Salary - ₹1.1 Lakhs to ₹5.0 Lakhs per year
Axis Max Life Insurance Financial Consultant Salary - ₹2.4 Lakhs to ₹4.5 Lakhs per year
ICICI Prudential Life Insurance Financial Consultant Salary - ₹2.0 Lakhs to ₹4.6 Lakhs per year

What is the salary of a Financial Consultant in companies similar to SBI Life Insurance Company in India?

PNB MetLife Financial Consultant Salary - ₹2.0 Lakhs to ₹5.3 Lakhs per year
HDFC Ergo General Insurance Financial Consultant Salary - ₹1.8 Lakhs to ₹6.0 Lakhs per year
HDFC Life Financial Consultant Salary - ₹1.0 Lakhs to ₹4.8 Lakhs per year
Life Insurance Corporation of India Financial Consultant Salary - ₹1.2 Lakhs to ₹4.5 Lakhs per year
Reliance Nippon Life Insurance Financial Consultant Salary - ₹1.1 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Financial Consultant at SBI Life Insurance Company in India?

The estimated take-home salary of a Financial Consultant at SBI Life Insurance Company ranges between ₹13,290 per month to ₹14,709 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Financial Consultant salary in India which ranges between ₹1.5 Lakhs to ₹2.5 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Financial Consultant at SBI Life Insurance Company?

According to AmbitionBox, 67% of the SBI Life Insurance Company Financial Consultants reported a notice period of 15 days or less, 33% reported a notice period of More than 3 months.This is based on 3 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Financial Consultant Salaries

SBI Life Insurance Company Financial Consultant salary in India ranges between ₹1.5 Lakh to ₹2.5 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.