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SBI Life Insurance Company Salaries in Lucknow (Updated 2025)

based on 293 latest salaries
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Designation Avg Annual Salary Open Jobs
0 - 14 years exp. · Lucknow (57 salaries)
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₹3 L/yr - ₹6 L/yr

6 - 18 years exp. · Lucknow (22 salaries)
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₹6 L/yr - ₹12 L/yr

1 - 11 years exp. · Lucknow (18 salaries)
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₹2.9 L/yr - ₹5.4 L/yr

13 - 21 years exp. · Lucknow (8 salaries)
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₹10 L/yr - ₹15.5 L/yr

Starting your career? Discover SBI Life Insurance Company fresher salaries in India
15 - 18 years exp. · Lucknow (7 salaries)
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₹16 L/yr - ₹26.6 L/yr

7 - 11 years exp. · Lucknow (6 salaries)
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₹4.4 L/yr - ₹7 L/yr

0 - 10 years exp. · Lucknow (5 salaries)
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₹1.2 L/yr - ₹4.3 L/yr

1 job opening
6 - 15 years exp. · Lucknow (5 salaries)
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₹3.6 L/yr - ₹10 L/yr

0 - 3 years exp. · Lucknow (5 salaries)
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₹1.5 L/yr - ₹2.5 L/yr

3 - 4 years exp. · Lucknow (4 salaries)
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₹2.5 L/yr - ₹4.7 L/yr

16 - 19 years exp. · Lucknow (4 salaries)
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₹20 L/yr - ₹23 L/yr

1 - 4 years exp. · Lucknow (4 salaries)
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₹3.7 L/yr - ₹6 L/yr

12 - 15 years exp. · Lucknow (4 salaries)
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₹6 L/yr - ₹7 L/yr

6 - 10 years exp. · Lucknow (3 salaries)
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₹4.3 L/yr - ₹5 L/yr

1 - 3 years exp. · Lucknow (3 salaries)
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₹3.9 L/yr - ₹4.9 L/yr

2 - 6 years exp. · Lucknow (3 salaries)
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₹1 L/yr - ₹3.3 L/yr

16 - 18 years exp. · Lucknow (3 salaries)
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₹9.3 L/yr - ₹12.5 L/yr

14 - 20 years exp. · Lucknow (3 salaries)
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₹11.5 L/yr - ₹14 L/yr

15 - 16 years exp. · Lucknow (3 salaries)
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₹8.5 L/yr - ₹11.4 L/yr

2 job openings
Fresher · Lucknow (3 salaries)
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₹7 L/yr - ₹9 L/yr

Last Updated: 24 Mar, 2025

Salary related reviews for SBI Life Insurance Company

3.6

Rated by 79 employees for salary & benefits

Full Time

 · 

Human Resources Department

3.0
  •  posted on 11 Oct 2022

4.0
 for  Salary and Benefits

Likes

Medical benefits Job security Brand value HR policy Yearly hike in salary (for non sales specifically)

read more
  • Salary - Good
  • +1 more

Dislikes

Centralised power Zero focus on employees personal growth No focus on work life balance of sales person.

  • Skill development - Bad
  • +2 more

Contractual

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 02 Oct 2023

3.0
 for  Salary and Benefits

Likes

Good Team and Good working culture and lot's of learning and training provided by Bank.

  • Skill development - Excellent
  • +4 more

Dislikes

Salary is Good but there is no extra benefits like PF , Gratuity and Insurance like Health and Life also the promotion policy is very poor.

read 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.

read more
  • 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

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 18 Oct 2023

1.0
 for  Salary and Benefits

Likes

...R profile like a puppet.Every single decesion are managed by higher authorities. No work and life balance, salary are on time but no increment very pathetic salary structure. No self respect. No work time. No emotion . Daily pressure. Vary vary bad 😭

read more
  • Job security - Good
  • +1 more

Dislikes

Every thing Accept salary on time

  • 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:

Business Development Manager ₹3 Lakhs to ₹6 Lakhs per year
Area Manager ₹6 Lakhs to ₹12 Lakhs per year
Senior Associate ₹2.9 Lakhs to ₹5.4 Lakhs per year
Senior Area Manager ₹10 Lakhs to ₹15.5 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 ₹12.9 Lakhs per year, and the top 1% earn over ₹35.7 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 293 salaries submitted by SBI Life Insurance Company employees. SBI Life Insurance Company is rated 3.6 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 Lucknow?
The salary of a fresher at SBI Life Insurance Company in Lucknow 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 , Lucknow is INRunlock blur . Salary estimates are based on 200+ SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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