SBI Life Insurance Company Relationship Manager Salaries by 50+ Employees (Updated 2025)

2 - 10 years exp.

₹2.5 Lakhs - ₹6 Lakhs

Salary of majority employees

18% less than the average Relationship Manager Salary in Insurance Companies for 2 - 10 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 2 - 10 years exp. (18 salaries)	₹2.5 L/yr - ₹4.5 L/yr
Sales & Business Development Relationship Manager Salary 4 - 10 years exp. (10 salaries)	₹3 L/yr - ₹6 L/yr
Login to view exact salary
Marketing & Communication Relationship Manager Salary 5 - 10 years exp. (5 salaries)	₹3.8 L/yr - ₹5.8 L/yr
Customer Success, Service & Operations Relationship Manager Salary 4 - 6 years exp. (3 salaries)	₹4 L/yr - ₹4.2 L/yr
Finance & Accounting Relationship Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 14 Feb 2025

Companies similar to SBI Life Insurance Company for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Relationship Manager Salary 0 - 9 years exp. (561 salaries)	₹1.7 L/yr - ₹5 L/yr 15% less	2 job openings
ICICI Prudential Life Insurance Relationship Manager Salary 0 - 7 years exp. (347 salaries)	₹1.9 L/yr - ₹7.8 L/yr 7% more
Login to view exact salary
Axis Max Life Insurance Relationship Manager Salary 0 - 10 years exp. (498 salaries)	₹1.1 L/yr - ₹7 L/yr 11% more	6 job openings
Bajaj Allianz Life Insurance Relationship Manager Salary 0 - 10 years exp. (758 salaries)	₹1.6 L/yr - ₹5 L/yr 20% less	20 job openings
Kotak Mahindara Life Insurance Relationship Manager Salary 0 - 7 years exp. (209 salaries)	₹1.8 L/yr - ₹7 L/yr 14% less	9 job openings
Tata AIA Life Insurance Relationship Manager Salary 0 - 10 years exp. (1.1k salaries)	₹1.8 L/yr - ₹5.6 L/yr 4% less	99 job openings
Reliance Nippon Life Insurance Relationship Manager Salary 0 - 11 years exp. (221 salaries)	₹1.7 L/yr - ₹5.1 L/yr 15% less
Aviva Life Insurance India Relationship Manager Salary 0 - 8 years exp. (178 salaries)	₹2.2 L/yr - ₹4.5 L/yr 11% less	1 job opening
Bharti AXA Life Insurance Relationship Manager Salary 1 - 9 years exp. (207 salaries)	₹2.3 L/yr - ₹5.4 L/yr 5% less
PNB MetLife Relationship Manager Salary 0 - 12 years exp. (1.2k salaries)	₹2.2 L/yr - ₹4.7 L/yr 13% less	161 job openings
Bajaj Allianz General Insurance Relationship Manager Salary 0 - 10 years exp. (334 salaries)	₹1.7 L/yr - ₹6.5 L/yr 4% less	59 job openings
Login to view exact salary
ICICI Lombard General Insurance Company Relationship Manager Salary 0 - 12 years exp. (330 salaries)	₹2.5 L/yr - ₹8.6 L/yr 11% more	2 job openings
Star Health & Allied Insurance Relationship Manager Salary 0 - 7 years exp. (277 salaries)	₹1.5 L/yr - ₹4.5 L/yr 21% less
Aditya Birla Sun Life Insurance Relationship Manager Salary 0 - 7 years exp. (249 salaries)	₹1.7 L/yr - ₹5.5 L/yr 9% less
SBI General Insurance Relationship Manager Salary 1 - 9 years exp. (209 salaries)	₹1.8 L/yr - ₹6.6 L/yr 16% less
Aditya Birla Health Insurance Co Relationship Manager Salary 0 - 7 years exp. (176 salaries)	₹2.1 L/yr - ₹8.5 L/yr 25% more
Shriram Life Insurance Relationship Manager Salary 0 - 7 years exp. (99 salaries)	₹1.8 L/yr - ₹6.3 L/yr 1% less
HDFC Ergo General Insurance Relationship Manager Salary 2 - 9 years exp. (88 salaries)	₹1.9 L/yr - ₹5.6 L/yr 7% less
MetLife Relationship Manager Salary 2 - 7 years exp. (8 salaries)	₹3.3 L/yr - ₹3.9 L/yr 17% less
Life Insurance Corporation of India Relationship Manager Salary 0 - 5 years exp. (6 salaries)	₹2.2 L/yr - ₹5 L/yr 5% less

View all

Relationship Manager salary at SBI Life Insurance Company ranges between ₹2.5 Lakhs to ₹6 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 50 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Relationship Manager salaries

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
2 years (5 salaries)	₹2.5 L/yr - ₹7.1 L/yr
3 years (4 salaries)	₹3 L/yr - ₹5 L/yr
Login to view exact salary
4 years (9 salaries)	₹3 L/yr - ₹5 L/yr
5 years (6 salaries)	₹3 L/yr - ₹6 L/yr
6 years (9 salaries)	₹3.6 L/yr - ₹4.5 L/yr
7 years (5 salaries)	₹3.3 L/yr - ₹6 L/yr
8 years (7 salaries)	₹3.8 L/yr - ₹4.8 L/yr
9 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5 L/yr
10 years (3 salaries)	₹4.3 L/yr - ₹5.8 L/yr

View all

Similar Designation salaries in SBI Life Insurance Company

Relationship Officer Salary

(6 salaries)

₹2.4 L/yr - ₹3.8 L/yr

Branch Manager Salary

(167 salaries)

₹6.5 L/yr - ₹15.7 L/yr

Department Manager Salary

(4 salaries)

₹3.2 L/yr - ₹4.25 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Deputy Manager Salary

(38 salaries)

₹2.5 L/yr - ₹10 L/yr

Territory Manager Salary

(100 salaries)

₹4 L/yr - ₹7 L/yr

Sales Manager Salary

(84 salaries)

₹1.2 L/yr - ₹5.6 L/yr

Area Sales Manager Salary

(17 salaries)

₹3.75 L/yr - ₹13.5 L/yr

Area Manager Salary

(222 salaries)

₹4.6 L/yr - ₹14.21 L/yr

Branch Sales Manager Salary

(24 salaries)

₹5 L/yr - ₹13 L/yr

Salary related reviews for SBI Life Insurance Company

3.8

Rated by 12 employees for salary & benefits

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.

Business Development Executive in Gangtok

Full Time

Marketing & Communication Department

4.0

• posted on 13 Sep 2023

5.0

for Salary and Benefits

Likes

very good company with good oppurtunities and good pay

Salary - Excellent

+4 more

Dislikes

management is not so good,specially our managers always threatning for resign and salary hold.company needs to fix this kind of problems for their employee to work with full motivation

Job security - Poor

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

Business Development Manager in Jaipur

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.

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

Got a question about SBI Life Insurance Company?

Ask anonymously on communities.

SBI Life Insurance Company Relationship Manager Salary FAQs

What is the salary of Relationship Manager at SBI Life Insurance Company?

Relationship Manager salary at SBI Life Insurance Company in India ranges between ₹2.5 Lakhs to ₹6.0 Lakhs for experience between 2 years to 10 years. According to our estimates it is 18% less than the average Relationship Manager Salary in India. Salary estimates are based on 50 latest salaries received from various employees of SBI Life Insurance Company India.

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

The average salary of a Relationship Manager at SBI Life Insurance Company is 18% less than the average salary of a Relationship Manager in India. To know exact salary insights, login to view.

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

The Oriental Insurance Co. Relationship Manager Salary - ₹30.0 Lakhs to ₹36.0 Lakhs per year
Marsh Relationship Manager Salary - ₹13.1 Lakhs to ₹17.0 Lakhs per year
Aditya Birla Health Insurance Co Relationship Manager Salary - ₹2.1 Lakhs to ₹8.5 Lakhs per year
Axis Max Life Insurance Relationship Manager Salary - ₹1.1 Lakhs to ₹7.0 Lakhs per year
ICICI Lombard General Insurance Company Relationship Manager Salary - ₹2.5 Lakhs to ₹8.6 Lakhs per year

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

ICICI Prudential Life Insurance Relationship Manager Salary - ₹1.9 Lakhs to ₹7.8 Lakhs per year
Shriram Life Insurance Relationship Manager Salary - ₹1.8 Lakhs to ₹6.3 Lakhs per year
Tata AIA Life Insurance Relationship Manager Salary - ₹1.8 Lakhs to ₹5.6 Lakhs per year
Bajaj Allianz General Insurance Relationship Manager Salary - ₹1.7 Lakhs to ₹6.5 Lakhs per year
Bharti AXA Life Insurance Relationship Manager Salary - ₹2.3 Lakhs to ₹5.4 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at SBI Life Insurance Company ranges between ₹30,962 per month to ₹32,262 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Relationship Manager salary in India which ranges between ₹2.5 Lakhs to ₹6.0 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager at SBI Life Insurance Company?

According to AmbitionBox, 58% of the SBI Life Insurance Company Relationship Managers reported a notice period of 1 Month, 22% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 69 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Relationship Manager Salaries by Location

Home >
Salaries >
SBI Life Insurance Company Salaries >
SBI Life Insurance Company Relationship Manager Salaries

SBI Life Insurance Company Relationship Manager salary in India ranges between ₹2.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 50 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Relationship Manager salaries in India (Updated 2025)

Companies similar to SBI Life Insurance Company for Relationship Manager

Latest annual salaries shared by SBI Life Insurance Company Relationship Manager

Experience wise SBI Life Insurance Company Relationship Manager salaries

Similar Designation salaries in SBI Life Insurance Company

Salary related reviews for SBI Life Insurance Company

Business Development Manager in Deoghar

Area Sales Manager in Vijayawada

Business Development Executive in Gangtok

Business Development Manager in Rajkot

Business Development Manager in Jaipur

SBI Life Insurance Company Relationship Manager Salary FAQs

Tell us how to improve this page.

SBI Life Insurance Company Relationship Manager Salaries by Location