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

Annual salary range
2 - 10 years exp.
₹2.5 Lakhs - ₹6 Lakhs
Salary of majority employees
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18% 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 - 10 years exp. (18 salaries)
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₹2.5 L/yr - ₹4.5 L/yr

Sales & Business Development
Relationship Manager Salary
4 - 10 years exp. (10 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 - 6 years exp. (3 salaries)
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₹4 L/yr - ₹4.2 L/yr

Finance & Accounting
Relationship Manager Salary
4 - 6 years exp. (AmbitionBox Estimate)
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₹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
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HDFC Life Relationship Manager Salary

0 - 9 years exp. (561 salaries)

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₹1.7 L/yr - ₹5 L/yr

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2 job openings
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₹1.9 L/yr - ₹7.8 L/yr

arrow icon 7% more
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₹1.1 L/yr - ₹7 L/yr

arrow icon 11% more
6 job openings
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₹1.6 L/yr - ₹5 L/yr

arrow icon 20% less
20 job openings
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₹1.8 L/yr - ₹7 L/yr

arrow icon 14% less
9 job openings
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₹1.8 L/yr - ₹5.6 L/yr

arrow icon 4% less
99 job openings
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₹1.7 L/yr - ₹5.1 L/yr

arrow icon 15% 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 - ₹5.4 L/yr

arrow icon 5% less
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PNB MetLife Relationship Manager Salary

0 - 12 years exp. (1.2k salaries)

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₹2.2 L/yr - ₹4.7 L/yr

arrow icon 13% less
161 job openings
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₹1.7 L/yr - ₹6.5 L/yr

arrow icon 4% less
59 job openings
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₹2.5 L/yr - ₹8.6 L/yr

arrow icon 11% more
2 job openings
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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 21% less
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₹1.7 L/yr - ₹5.5 L/yr

arrow icon 9% less
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₹1.8 L/yr - ₹6.6 L/yr

arrow icon 16% less
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₹2.1 L/yr - ₹8.5 L/yr

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₹1.8 L/yr - ₹6.3 L/yr

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₹1.9 L/yr - ₹5.6 L/yr

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MetLife Relationship Manager Salary

2 - 7 years exp. (8 salaries)

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₹3.3 L/yr - ₹3.9 L/yr

arrow icon 17% less
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₹2.2 L/yr - ₹5 L/yr

arrow icon 5% less
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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 50 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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9 years exp.
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6 years exp.
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6 years exp.
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8 years exp.
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6 years exp.
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Experience wise SBI Life Insurance Company Relationship Manager salaries

Last Updated: 14 Feb 2025

Experience Avg Annual Salary
2 years  (5 salaries)

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₹2.5 L/yr - ₹7.1 L/yr
3 years  (4 salaries)

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₹3 L/yr - ₹5 L/yr
4 years  (9 salaries)

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₹3 L/yr - ₹5 L/yr
5 years  (6 salaries)

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

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₹3.6 L/yr - ₹4.5 L/yr
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Similar Designation salaries in SBI Life Insurance Company

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₹2.4 L/yr - ₹3.8 L/yr
Branch Manager Salary
(167 salaries)
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₹6.5 L/yr - ₹15.7 L/yr
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₹3.2 L/yr - ₹4.25 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.8 L/yr
Deputy Manager Salary
(38 salaries)
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₹2.5 L/yr - ₹10 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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₹1.2 L/yr - ₹5.6 L/yr
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₹3.75 L/yr - ₹13.5 L/yr
Area Manager Salary
(222 salaries)
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₹4.6 L/yr - ₹14.21 L/yr
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₹5 L/yr - ₹13 L/yr

Salary related reviews for SBI Life Insurance Company

3.8

Rated by 12 employees for salary & benefits

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.

read more
  • Salary - Poor

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.

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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

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  • Job security - Poor

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

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  • Salary - Poor
  • +6 more

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.

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  • 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.

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