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SBI Life Insurance Company Salaries in Kolkata (Updated 2025)

based on 639 latest salaries
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BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Marketing & Communication + 5 more
Designation Avg Annual Salary Open Jobs
11 years exp. · Kolkata (AmbitionBox Estimate)
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₹18.1 L/yr - ₹23.1 L/yr

5 years exp. · Kolkata (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

12 years exp. · Kolkata (AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.2 L/yr

14 years exp. · Kolkata (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

4 years exp. · Kolkata (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

7 years exp. · Kolkata (AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr

7 years exp. · Kolkata (AmbitionBox Estimate)
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₹5.1 L/yr - ₹6.6 L/yr

13 years exp. · Kolkata (AmbitionBox Estimate)
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₹6.2 L/yr - ₹7.9 L/yr

3 years exp. · Kolkata (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.3 L/yr

11 years exp. · Kolkata (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr

16 years exp. · Kolkata (AmbitionBox Estimate)
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₹11.3 L/yr - ₹14.4 L/yr

3 years exp. · Kolkata (AmbitionBox Estimate)
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₹1.8 L/yr - ₹4.4 L/yr

1 year exp. · Kolkata (AmbitionBox Estimate)
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₹2 L/yr - ₹4.5 L/yr

3 years exp. · Kolkata (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.5 L/yr

8 years exp. · Kolkata (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

13 years exp. · Kolkata (AmbitionBox Estimate)
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₹2.3 L/yr - ₹5.3 L/yr

2 years exp. · Kolkata (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

Fresher · Kolkata (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

1 year exp. · Kolkata (AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr

12 years exp. · Kolkata (AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr

Last Updated: 6 Apr, 2025

Salary related reviews for SBI Life Insurance Company

2.8

Rated by 139 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

Operations Department

4.0
  •  posted on 27 Aug 2018

3.0
 for  Salary and Benefits

Likes

Good for bigenners.. You will get promoted if you give oil to your senoirs only.. You've dobe the good work but the appreciation & peomotion will taken by others.. No future in this industry. You can start your career drom here.

read more
  • Skill development - Good
  • +5 more

Dislikes

Pay scale is too low compare to work load. Promortion criteria is also not good.. Do oiling everyday to get promoted only.

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BFSI, Investments & Trading Department

1.0
  •  posted on 14 Aug 2018

1.0
 for  Salary and Benefits

Likes

Not a place to start your career with. While hiring they will say many things about company but they don't have a proper structure of work. Half of the time there won't be any net connection in your branch.

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  • Job security - Excellent

Dislikes

No career growth, no promotion , no salary

  • Salary - Bad
  • +4 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

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 17 Jan 2024

1.0
 for  Salary and Benefits

Likes

Even though the salary in this company is very less as per the work, the salary is paid on time.

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Dislikes

In today's times, it is important to work to support my family properly, hence I give my 100% to this company so that someday my salary will increase but after working for more than 1 year, I am realizing that It is very difficult to move forward, here we have to work till late night due to which we are not able to give time to our family, and even after doing so much work, we get very low salary so that I cannot support my family properly. I don't know how to do it, even after working for more than 14 hours every day, I don't get any bonus also.

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

SBI Life Insurance Company Salary FAQs

How much does SBI Life Insurance Company pay to its employees?
The average annual salary at SBI Life Insurance Company varies depending on the role, experience, and location. The salary ranges for some popular designations at SBI Life Insurance Company, are as follows:

AVP Operations ₹18.1 Lakhs to ₹23.1 Lakhs per year
Accounts & Administration Executive ₹5.4 Lakhs to ₹6.9 Lakhs per year
Deputy Manager Operations ₹5.7 Lakhs to ₹7.2 Lakhs per year
Store Keeper ₹2.3 Lakhs to ₹2.9 Lakhs per year

The highest-paying role, Senior Vice President, earns between ₹45 Lakhs to ₹1.1 Crore per year. The top 10% of employees earn more than ₹13 Lakhs per year, and the top 1% earn over ₹36 Lakhs per year. 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 salary estimates are based on data from 639 salaries submitted by SBI Life Insurance Company employees. SBI Life Insurance Company is rated 2.8 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at SBI Life Insurance Company in Kolkata?
The salary of a fresher at SBI Life Insurance Company in Kolkata typically ranges from ₹1 Lakh to ₹10.5 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Senior Associate Salary ₹2.9 Lakhs to ₹5.5 Lakhs per year
Fresher as a Business Development Manager Salary ₹2.1 Lakhs to ₹5 Lakhs per year
Fresher as a Business Development Executive Salary ₹2 Lakhs to ₹3.9 Lakhs per year
Fresher as a Management Trainee Salary ₹4.7 Lakhs to ₹10.5 Lakhs per year

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Average annual salary in SBI Life Insurance Company , Kolkata is INRunlock blur . Salary estimates are based on 600+ SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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