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SBI Life Insurance Company Life Insurance Agent salaries in India (Updated 2025)

Annual salary range
0 - 2 years exp.
₹0.5 Lakh - ₹3.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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22% less than the average Life Insurance Agent Salary in Insurance Companies for 0 - 2 years of experience

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Last Updated: 8 Feb 2025

Companies similar to SBI Life Insurance Company for Life Insurance Agent

Company name Avg Annual Salary Open Jobs
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HDFC Life Life Insurance Agent Salary

0 - 5 years exp. (7 salaries)

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₹2 L/yr - ₹3.9 L/yr

arrow icon 25% more
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₹2 L/yr - ₹4.5 L/yr

arrow icon 13% more
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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 23% more
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₹1 L/yr - ₹4 L/yr

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₹1 L/yr - ₹5 L/yr

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₹4 L/yr - ₹5.3 L/yr

arrow icon 97% more
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₹3 L/yr - ₹3.5 L/yr

arrow icon 48% more
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PNB MetLife Life Insurance Agent Salary

0 - 2 years exp. (5 salaries)

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₹0.6 L/yr - ₹4 L/yr

arrow icon 8% less
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₹1 L/yr - ₹6.6 L/yr

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1 job opening
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₹1.5 L/yr - ₹4.2 L/yr

arrow icon 16% more

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Life Insurance Agent salary at SBI Life Insurance Company ranges between ₹0.5 Lakh to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 7 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Life Insurance Agent

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Experience wise SBI Life Insurance Company Life Insurance Agent salaries

Last Updated: 8 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2 L/yr - ₹4.1 L/yr
1 year  (4 salaries)

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₹1.8 L/yr - ₹3.6 L/yr
2 years (AmbitionBox Estimate)

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₹0.5 L/yr - ₹4 L/yr

Similar Designation salaries in SBI Life Insurance Company

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₹1 L/yr - ₹4.5 L/yr
LIC Agent Salary
(6 salaries)
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₹1.45 L/yr - ₹2.05 L/yr
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₹2.5 L/yr - ₹5.5 L/yr
Sales Manager Salary
(84 salaries)
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₹1.2 L/yr - ₹5.6 L/yr
Agent Salary
(18 salaries)
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₹1 L/yr - ₹7 L/yr
Deputy Manager Salary
(38 salaries)
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₹2.5 L/yr - ₹10 L/yr
Sales Executive Salary
(57 salaries)
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₹1 L/yr - ₹4.7 L/yr
Data Entry Operator Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr
Senior Associate Salary
(537 salaries)
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₹2 L/yr - ₹6.75 L/yr
Supervisor Salary
(3 salaries)
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₹3 L/yr - ₹4 L/yr

Salary related reviews for SBI Life Insurance Company

1.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 01 Feb 2023

2.0
 for  Salary and Benefits

Likes

Company culture is very bad only pressure nothing or

Dislikes

Official working days me bhi office bulate hain aur bill pay nahi karte hain personal life jaish kuchh nahi rehta hain aur morning 7:00am zoom start kar dete hain

read more
  • Salary - Poor
  • +6 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

 · 

Sels Department

5.0
  •  posted on 12 Apr 2021

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 good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

read 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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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 25 Sep 2023

1.0
 for  Salary and Benefits

Likes

Only Job Security,

  • Job security - Good

Dislikes

...hear from long time. Only due to not get any increment I have left the job..... You will hire new persons on higher package but you won't retain ur old employes on giving them some litter bit hike or increment. My humble request to you that plz take care of your old employes who are working on lower package or CTC, from long time...plz don't force them to leave the job due to lower Package... And plz start Rehiring. Lots of old employes are ready to work with sbilife Again.🙏

read more
  • Salary - Bad
  • +3 more
see more salary related reviews

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SBI Life Insurance Company Life Insurance Agent Salary FAQs

What is the salary of Life Insurance Agent at SBI Life Insurance Company?
Life Insurance Agent salary at SBI Life Insurance Company in India ranges between ₹0.5 Lakhs to ₹3.6 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 22% less than the average Life Insurance Agent Salary in India. Salary estimates are based on 7 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Life Insurance Agent at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Life Insurance Agent at SBI Life Insurance Company is 22% less than the average salary of a Life Insurance Agent in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Life Insurance Agent in India?
  • Tata AIA Life Insurance Life Insurance Agent Salary - ₹4.0 Lakhs to ₹5.3 Lakhs per year
  • Aditya Birla Sun Life Insurance Life Insurance Agent Salary - ₹3.0 Lakhs to ₹3.5 Lakhs per year
  • Life Insurance Corporation of India Life Insurance Agent Salary - ₹1.0 Lakhs to ₹6.6 Lakhs per year
  • HDFC Life Life Insurance Agent Salary - ₹2.0 Lakhs to ₹3.9 Lakhs per year
  • Bajaj Allianz Life Insurance Life Insurance Agent Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year
What is the salary of a Life Insurance Agent in companies similar to SBI Life Insurance Company in India?
  • Kotak Mahindara Life Insurance Life Insurance Agent Salary - ₹1.0 Lakhs to ₹4.0 Lakhs per year
  • Shriram Life Insurance Life Insurance Agent Salary - ₹1.5 Lakhs to ₹4.2 Lakhs per year
  • Max Life Insurance Life Insurance Agent Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
  • Reliance Nippon Life Insurance Life Insurance Agent Salary - ₹1.0 Lakhs to ₹5.0 Lakhs per year
  • PNB MetLife Life Insurance Agent Salary - ₹0.6 Lakhs to ₹4.0 Lakhs per year
What is the estimated take home salary of a Life Insurance Agent at SBI Life Insurance Company in India?
The estimated take-home salary of a Life Insurance Agent at SBI Life Insurance Company ranges between ₹14,907 per month to ₹16,466 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Life Insurance Agent salary in India which ranges between ₹0.5 Lakhs to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?
What is the notice period for Life Insurance Agent at SBI Life Insurance Company?
According to AmbitionBox, 69% of the SBI Life Insurance Company Life Insurance Agents reported a notice period of 15 days or less, 16% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Life Insurance Agent salary in India ranges between ₹0.5 Lakh to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.