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SBI Life Insurance Company Salaries in Patna (Updated 2025)

based on 200 latest salaries
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BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Marketing & Communication + 2 more
Designation Avg Annual Salary Open Jobs
6 - 18 years exp. · Patna (21 salaries)
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₹4.6 L/yr - ₹12 L/yr

0 - 9 years exp. · Patna (17 salaries)
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₹3 L/yr - ₹5 L/yr

5 - 13 years exp. · Patna (15 salaries)
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₹3.5 L/yr - ₹6.9 L/yr

0 - 6 years exp. · Patna (11 salaries)
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₹2.5 L/yr - ₹3.8 L/yr

Starting your career? Discover SBI Life Insurance Company fresher salaries in India
6 - 9 years exp. · Patna (7 salaries)
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₹4.4 L/yr - ₹7.5 L/yr

0 - 4 years exp. · Patna (5 salaries)
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₹1.1 L/yr - ₹2.6 L/yr

12 - 16 years exp. · Patna (5 salaries)
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₹9.2 L/yr - ₹15.7 L/yr

11 - 18 years exp. · Patna (5 salaries)
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₹7 L/yr - ₹8.3 L/yr

3 - 9 years exp. · Patna (4 salaries)
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₹3 L/yr - ₹5 L/yr

9 - 11 years exp. · Patna (3 salaries)
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₹6.8 L/yr - ₹8 L/yr

4 - 15 years exp. · Patna (3 salaries)
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₹5 L/yr - ₹5.5 L/yr

8 - 10 years exp. · Patna (3 salaries)
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₹9.2 L/yr - ₹12.5 L/yr

4 - 7 years exp. · Patna (3 salaries)
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₹4.5 L/yr - ₹5 L/yr

1 - 4 years exp. · Patna (3 salaries)
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₹2.1 L/yr - ₹3 L/yr

5 - 7 years exp. · Patna (3 salaries)
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₹5.5 L/yr - ₹6.1 L/yr

7 years exp. · Patna (3 salaries)
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₹3.1 L/yr - ₹4.1 L/yr

8 - 15 years exp. · Patna (3 salaries)
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₹5.8 L/yr - ₹6.4 L/yr

1 - 8 years exp. · Patna (3 salaries)
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₹2.5 L/yr - ₹3.7 L/yr

1 - 3 years exp. · Patna (3 salaries)
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₹3.3 L/yr - ₹5.1 L/yr

5 - 10 years exp. · Patna (AmbitionBox Estimate)
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₹4 L/yr - ₹4.7 L/yr

Last Updated: 20 Mar, 2025

Salary related reviews for SBI Life Insurance Company

3.5

Rated by 62 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 26 Jan 2022

4.0
 for  Salary and Benefits

Likes

Job security is there in SBI Life and salary does come on time. They pay you good salary and career growth prospective is great.

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  • Salary - Good
  • +1 more

Dislikes

There is no work life balance. 12 hours a day and 7 days a week you are working. Everyone is just passing the parcel. People working on lower to mid level are working the hardest and they are not appreciated for it. Company IT is not so good. Hou will be scolded even if you meet the targets.

read more
  • Work satisfaction - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 15 Jan 2022

1.0
 for  Salary and Benefits

Likes

... more than 6-7yrs in this company only they can get success otherwise no chance. BDM of Institutional Alliance will never get expenses, allowances & bonus. Only Area Manager & above are happy. All are kaamchor oldies but they will not leave there seats and even president and MD also enjoy this culture. No increment no life. HR (Bihar- Abhijit Saha) is the most incompetent, he will never ans you & never support you he is just like a puppet of RM & ZAM even he is use too mentally harass you when you leave the organisation by not replying you & not giving reliving as well FnF on time. The IA channel employees are treated as temp staff, there is no cultural program, no refreshment activity, no training. Target will never be achieved as business partner bank not allow them to do business because Sbilife gives very low commission to them but seniors will screw you but they don't have strong relationship with the GM or AGM.

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Dislikes

Institutional Alliance segment should be close, old employees should be thrown out company regularly promotion & expense distribution should be regularised.

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  • Salary - Bad
  • +5 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.

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  • 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 😭

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  • 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:

Area Manager ₹4.6 Lakhs to ₹12 Lakhs per year
Senior Associate ₹3 Lakhs to ₹5 Lakhs per year
Senior Business Development Manager ₹3.5 Lakhs to ₹6.9 Lakhs per year
Business Development Executive ₹2.5 Lakhs to ₹3.8 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 ₹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 200 salaries submitted by SBI Life Insurance Company employees. SBI Life Insurance Company is rated 3.5 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 Patna?
The salary of a fresher at SBI Life Insurance Company in Patna 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 Management Trainee Salary ₹4.7 Lakhs to ₹10.5 Lakhs per year
Fresher as a Business Development Executive Salary ₹2 Lakhs to ₹3.9 Lakhs per year

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Average annual salary in SBI Life Insurance Company , Patna 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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