SBI Life Insurance Company Probationary Officer Salaries by 6 Employees (Updated 2025)

0 - 3 years exp.

₹5 Lakhs - ₹11 Lakhs

Low Confidence

Salary of majority employees

12% more than the average Probationary Officer Salary in Insurance Companies for 0 - 3 years of experience

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Last Updated: 17 Aug 2023

Companies similar to SBI Life Insurance Company for Probationary Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Life Probationary Officer Salary 1 - 2 years exp. (3 salaries)	₹2.2 L/yr - ₹2.5 L/yr 73% less
Life Insurance Corporation of India Probationary Officer Salary 0 - 3 years exp. (4 salaries)	₹5 L/yr - ₹8.2 L/yr 27% less
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ICICI Lombard General Insurance Company Probationary Officer Salary 2 - 3 years exp. (3 salaries)	₹0.1 L/yr - ₹0.2 L/yr 98% less
Muthoot Finance Probationary Officer Salary 0 - 3 years exp. (294 salaries)	₹1.4 L/yr - ₹3.8 L/yr 70% less	3 job openings
Federal Bank Probationary Officer Salary 0 - 3 years exp. (229 salaries)	₹5 L/yr - ₹15 L/yr 44% more

Probationary Officer salary at SBI Life Insurance Company ranges between ₹5 Lakhs to ₹11 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 6 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Probationary Officer salaries

Last Updated: 17 Aug 2023

Experience	Avg Annual Salary
Fresher (4 salaries)	₹5 L/yr - ₹11 L/yr
1 year (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.6 L/yr
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2 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
3 years (AmbitionBox Estimate)	₹7 L/yr - ₹11 L/yr

Similar Designation salaries in SBI Life Insurance Company

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Deputy Manager Salary

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Management Trainee Salary

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₹3.5 L/yr - ₹10.5 L/yr

Process Associate Salary

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Senior Analyst Salary

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₹9 L/yr - ₹11.5 L/yr

Finance Executive Salary

(5 salaries)

₹1.2 L/yr - ₹5.5 L/yr

Analyst Salary

(4 salaries)

₹4.2 L/yr - ₹7.95 L/yr

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₹2 L/yr - ₹6.75 L/yr

Financial Analyst Salary

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₹2 L/yr - ₹7.5 L/yr

Salary related reviews for SBI Life Insurance Company

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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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SBI Life Insurance Company Probationary Officer Salary FAQs

What is the salary of Probationary Officer at SBI Life Insurance Company?

Probationary Officer salary at SBI Life Insurance Company in India ranges between ₹5.0 Lakhs to ₹11.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 12% more than the average Probationary Officer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of SBI Life Insurance Company India.

How does the salary of a Probationary Officer at SBI Life Insurance Company India compare with the average salary range for this job?

The average salary of a Probationary Officer at SBI Life Insurance Company is 12% more than the average salary of a Probationary Officer in India. To know exact salary insights, login to view.

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

Federal Bank Probationary Officer Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year

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

Life Insurance Corporation of India Probationary Officer Salary - ₹5.0 Lakhs to ₹8.2 Lakhs per year
Muthoot Finance Probationary Officer Salary - ₹1.4 Lakhs to ₹3.8 Lakhs per year
HDFC Life Probationary Officer Salary - ₹2.2 Lakhs to ₹2.5 Lakhs per year
ICICI Lombard General Insurance Company Probationary Officer Salary - ₹0.1 Lakhs to ₹0.2 Lakhs per year

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

The estimated take-home salary of a Probationary Officer at SBI Life Insurance Company ranges between ₹62,546 per month to ₹64,135 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Probationary Officer salary in India which ranges between ₹5.0 Lakhs to ₹11.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

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SBI Life Insurance Company Probationary Officer Salaries

SBI Life Insurance Company Probationary Officer salary in India ranges between ₹5 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Probationary Officer salaries in India

Companies similar to SBI Life Insurance Company for Probationary Officer

Latest annual salaries shared by SBI Life Insurance Company Probationary Officer

Experience wise SBI Life Insurance Company Probationary Officer salaries

Similar Designation salaries in SBI Life Insurance Company

Salary related reviews for SBI Life Insurance Company

Management Trainee in Kolkata

Senior Associate in New Delhi

Senior Associate in Jaipur

Senior Associate in Sultanpur

Business Development Manager in Deoghar

SBI Life Insurance Company Probationary Officer Salary FAQs

Tell us how to improve this page.