SBI Life Insurance Company Lucknow Regional Sales Manager Salaries by 4 Employees

1 - 4 years exp.

₹3.7 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

71% less than the average Regional Sales Manager Salary in Insurance Companies for 1 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations Regional Sales Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.1 L/yr
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Finance & Accounting Regional Sales Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 1 Dec 2024

Companies similar to SBI Life Insurance Company for Regional Sales Manager in Lucknow

SBI Life Insurance Company Regional Sales Manager Salary

1 - 4 years exp. (4 salaries)

₹3.7 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Regional Sales Manager Salary 11 - 16 years exp. (10 salaries)	₹5.5 L/yr - ₹13.8 L/yr 132% more	4 job openings
HDFC Ergo General Insurance Regional Sales Manager Salary 13 - 19 years exp. (8 salaries)	₹8 L/yr - ₹15 L/yr 170% more
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Aditya Birla Health Insurance Co Regional Sales Manager Salary 16 - 19 years exp. (5 salaries)	₹14.2 L/yr - ₹18.5 L/yr 263% more
SBI General Insurance Regional Sales Manager Salary 17 - 18 years exp. (3 salaries)	₹19.1 L/yr - ₹21.4 L/yr 338% more
Sun Pharmaceutical Industries Regional Sales Manager Salary 13 - 20 years exp. (18 salaries)	₹10.4 L/yr - ₹16.3 L/yr 199% more

Regional Sales Manager salary at SBI Life Insurance Company ranges between ₹3.7 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Regional Sales Manager salaries in Lucknow

Last Updated: 1 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr

Similar Designation salaries in SBI Life Insurance Company

Business Development Manager Salary

(57 salaries)

₹3 L/yr - ₹6 L/yr

Senior Area Manager Salary

(8 salaries)

₹10 L/yr - ₹15.5 L/yr

Sales Manager Salary

(5 salaries)

₹1.2 L/yr - ₹4.3 L/yr

Senior Branch Manager Salary

(3 salaries)

₹11.5 L/yr - ₹14 L/yr

Salary related reviews for SBI Life Insurance Company

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

Area Sales Manager in Vijayawada

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 05 Aug 2023

5.0

for Salary and Benefits

Likes

I am so Proud to say Working this organisation last 4years. i got a two promotions last two years.

Salary - Excellent

+6 more

Dislikes

I expecting Long time Vintage Employes Expect Minimum Salary hike. because Now a days out side companies giving a more salary hikes Vintage persons so Our Company giving a minimum hikes of Vintage Employes it will so benefit and no one live Our Company.

Senior Business Development Executive in Ongole

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 Jun 2023

2.0

for Salary and Benefits

Likes

No positive to tell company not good salary not good supporting staff.

Dislikes

Treating very cheap to front line employees(Field workers).and also no support to superior s.. always blamed for front line employees.

Salary - Poor

+4 more

Business Development Manager in Rajkot

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

Salary - Poor

+6 more

Senior Business Development Manager in Katni

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Apr 2022

2.0

for Salary and Benefits

Likes

Best brand in insurance sector..well known..

Skill development - Good

+4 more

Dislikes

Salary is low as per targets given by company..incentives are good but company has to think for good salary as well.. Products is not up to the mark as per market competition.

Salary - Poor

see more salary related reviews

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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SBI Life Insurance Company Regional Sales Manager Salary FAQs

What is the salary of Regional Sales Manager at SBI Life Insurance Company in Lucknow?

The average salary of a Regional Sales Manager at SBI Life Insurance Company in Lucknow typically ranges from ₹3.7 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Regional Sales Manager in Lucknow at SBI Life Insurance Company earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Regional Sales Manager 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 estimates are based on salary data submitted by 4 SBI Life Insurance Company employees in India.

What is the estimated take home salary of a Regional Sales Manager at SBI Life Insurance Company in Lucknow?

The estimated take-home salary of a Regional Sales Manager at SBI Life Insurance Company in Lucknow typically ranges from ₹36,113 to ₹37,336 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 1 year to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SBI Life Insurance Company for Regional Sales Manager in India?

SBI General Insurance	₹19.1 Lakhs to ₹21.4 Lakhs per year
Aditya Birla Health Insurance Co	₹14.2 Lakhs to ₹18.5 Lakhs per year
Sun Pharmaceutical Industries	₹10.4 Lakhs to ₹16.3 Lakhs per year
HDFC Ergo General Insurance	₹8.0 Lakhs to ₹15.0 Lakhs per year
Bajaj Allianz General Insurance	₹5.5 Lakhs to ₹13.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Life Insurance Company, depending on the role and experience level.

How the salary growth look like for a Regional Sales Manager at SBI Life Insurance Company in Lucknow?

The salary growth for a Regional Sales Manager at SBI Life Insurance Company in Lucknow depends on factors such as experience, performance, and promotions. On average, a Regional Sales Manager in Lucknow can expect the following growth trajectory at SBI Life Insurance Company:

Experience	Average Salary Range
1 year	₹3.3 Lakhs to ₹4.3 Lakhs per year
2 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
3 years	₹3.5 Lakhs to ₹4.4 Lakhs per year
4 years	₹3.6 Lakhs to ₹4.5 Lakhs per year

and so on.

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SBI Life Insurance Company Regional Sales Manager Salaries in Lucknow

SBI Life Insurance Company Regional Sales Manager salary in Lucknow ranges between ₹3.7 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.