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SBI Life Insurance Company Relationship Manager salaries in India

Annual salary range
2 - 10 years exp.
₹2.5 Lakhs - ₹6 Lakhs
Salary of majority employees
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16% less than the average Relationship Manager Salary in Insurance Companies for 2 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Relationship Manager Salary
2 - 8 years exp. (14 salaries)
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₹2.5 L/yr - ₹4.5 L/yr

Sales & Business Development
Relationship Manager Salary
4 - 10 years exp. (8 salaries)
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₹3 L/yr - ₹6 L/yr

Marketing & Communication
Relationship Manager Salary
5 - 10 years exp. (5 salaries)
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₹3.8 L/yr - ₹5.8 L/yr

Customer Success, Service & Operations
Relationship Manager Salary
4 - 8 years exp. (4 salaries)
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₹4 L/yr - ₹4.5 L/yr

Finance & Accounting
Relationship Manager Salary
4 - 6 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.3 L/yr

Last Updated: 30 Nov 2024

Companies similar to SBI Life Insurance Company for Relationship Manager

Company name Avg Annual Salary Open Jobs
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HDFC Life Relationship Manager Salary

0 - 10 years exp. (761 salaries)

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₹1.7 L/yr - ₹5 L/yr

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1 job opening
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₹1.9 L/yr - ₹7.8 L/yr

arrow icon 5% more
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Max Life Insurance Relationship Manager Salary

0 - 10 years exp. (466 salaries)

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₹1.1 L/yr - ₹7 L/yr

arrow icon 10% more
12 job openings
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₹1.6 L/yr - ₹4.8 L/yr

arrow icon 23% less
1 job opening
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₹1.8 L/yr - ₹6 L/yr

arrow icon 14% less
6 job openings
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₹2 L/yr - ₹5.4 L/yr

arrow icon 6% less
111 job openings
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₹1.7 L/yr - ₹6 L/yr

arrow icon 18% less
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₹2.2 L/yr - ₹4.5 L/yr

arrow icon 11% less
1 job opening
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₹2.3 L/yr - ₹5.5 L/yr

arrow icon 4% less
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PNB MetLife Relationship Manager Salary

0 - 12 years exp. (1.3k salaries)

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₹2.3 L/yr - ₹4.7 L/yr

arrow icon 14% less
3 job openings
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₹1.5 L/yr - ₹5.4 L/yr

arrow icon 31% less
6 job openings
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₹2 L/yr - ₹9.5 L/yr

arrow icon 12% more
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₹1.1 L/yr - ₹4.1 L/yr

arrow icon 23% less
1 job opening
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₹2 L/yr - ₹6 L/yr

arrow icon 14% less
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₹1.8 L/yr - ₹5.7 L/yr

arrow icon 16% less
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₹2.5 L/yr - ₹8.6 L/yr

arrow icon 15% more
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₹1.9 L/yr - ₹6 L/yr

arrow icon 12% less
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₹1.8 L/yr - ₹6.3 L/yr

arrow icon 3% less
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MetLife Relationship Manager Salary

1 - 7 years exp. (13 salaries)

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₹3 L/yr - ₹3.9 L/yr

arrow icon 18% less
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Marsh Relationship Manager Salary

2 - 6 years exp. (7 salaries)

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₹8 L/yr - ₹17 L/yr

arrow icon 219% more
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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 60 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Relationship Manager

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8 years exp.
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4 years exp.
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8 years exp.
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Experience wise SBI Life Insurance Company Relationship Manager salaries

Last Updated: 30 Nov 2024

Experience Avg Annual Salary
2 years  (5 salaries)

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₹2.5 L/yr - ₹7.2 L/yr
3 years  (6 salaries)

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₹3 L/yr - ₹5 L/yr
4 years  (12 salaries)

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₹3 L/yr - ₹5 L/yr
5 years  (11 salaries)

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₹3 L/yr - ₹6 L/yr
6 years  (9 salaries)

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₹3.6 L/yr - ₹4.8 L/yr
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Similar Designation salaries in SBI Life Insurance Company

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₹30 L/yr - ₹39.09 L/yr
Branch Manager Salary
(166 salaries)
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₹6.5 L/yr - ₹15 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹20.9 L/yr - ₹26.7 L/yr
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₹4 L/yr - ₹10.68 L/yr
Deputy Manager Salary
(39 salaries)
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₹2.4 L/yr - ₹8.5 L/yr
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₹4.35 L/yr - ₹8.5 L/yr
Territory Manager Salary
(100 salaries)
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₹4 L/yr - ₹7 L/yr
Sales Manager Salary
(84 salaries)
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₹2.05 L/yr - ₹5.6 L/yr
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₹18 L/yr - ₹30 L/yr
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₹3.4 L/yr - ₹4.5 L/yr

Salary related reviews for SBI Life Insurance Company

3.6

Rated by 11 employees for salary & benefits

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.

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.

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Full Time

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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

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

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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.

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Full Time

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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

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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..

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.

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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 16% less than the average Relationship Manager Salary in India. Salary estimates are based on 60 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 16% 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 - ₹8.0 Lakhs to ₹17.0 Lakhs per year
  • Aditya Birla Health Insurance Co Relationship Manager Salary - ₹2.5 Lakhs to ₹8.6 Lakhs per year
  • ICICI Lombard General Insurance Company Relationship Manager Salary - ₹2.0 Lakhs to ₹9.5 Lakhs per year
  • Max Life Insurance Relationship Manager Salary - ₹1.1 Lakhs to ₹7.0 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
  • Bharti AXA Life Insurance Relationship Manager Salary - ₹2.3 Lakhs to ₹5.5 Lakhs per year
  • Life Insurance Corporation of India Relationship Manager Salary - ₹2.2 Lakhs to ₹5.0 Lakhs per year
  • Tata AIA Life Insurance Relationship Manager Salary - ₹2.0 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 ₹31,254 per month to ₹32,549 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, 56% of the SBI Life Insurance Company Relationship Managers reported a notice period of 1 Month, 23% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 62 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Relationship Manager salary in India ranges between ₹2.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 60 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.