Upload Button Icon Add office photos
filter salariesFilter salaries by

SBI Life Insurance Company Relationship Manager salaries in Mumbai

Annual salary range
2 - 6 years exp.
₹3.2 Lakhs - ₹5 Lakhs
Salary of majority employees
unlock blur
unlock blur

18% less than the average Relationship Manager Salary in Insurance Companies for 2 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Marketing & Communication
Relationship Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
unlock-blur

₹3.8 L/yr - ₹4.9 L/yr

Sales & Business Development
Relationship Manager Salary
4 years exp. (AmbitionBox Estimate)
unlock-blur

₹3.2 L/yr - ₹4.7 L/yr

Last Updated: 6 Oct 2024

Companies similar to SBI Life Insurance Company for Relationship Manager in Mumbai

Logo
SBI Life Insurance Company Relationship Manager Salary

2 - 6 years exp. (6 salaries)

unlock blur

₹3.2 L/yr - ₹5 L/yr

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

0 - 9 years exp. (97 salaries)

unlock blur

₹2 L/yr - ₹4.5 L/yr

arrow icon 21% less
2 job openings
unlock blur

₹2.2 L/yr - ₹9.8 L/yr

arrow icon 10% more
Logo
unlock blur

₹2 L/yr - ₹7 L/yr

arrow icon 8% more
11 job openings
unlock blur

₹1.8 L/yr - ₹4.5 L/yr

arrow icon 22% less
11 job openings
unlock blur

₹2.4 L/yr - ₹4.5 L/yr

arrow icon 16% less
6 job openings
unlock blur

₹2 L/yr - ₹5 L/yr

arrow icon 9% less
214 job openings
unlock blur

₹2 L/yr - ₹3.6 L/yr

arrow icon 22% less
unlock blur

₹2.8 L/yr - ₹3.8 L/yr

arrow icon 14% less
1 job opening
unlock blur

₹2.2 L/yr - ₹4.9 L/yr

arrow icon 18% less
Logo
PNB MetLife Relationship Manager Salary

0 - 9 years exp. (102 salaries)

unlock blur

₹2.4 L/yr - ₹4.5 L/yr

arrow icon 16% less
164 job openings
unlock blur

₹2.5 L/yr - ₹8.3 L/yr

arrow icon 6% more
1 job opening
unlock blur

₹1.5 L/yr - ₹4.1 L/yr

arrow icon 27% less
unlock blur

₹2.1 L/yr - ₹5.9 L/yr

arrow icon 16% less
75 job openings
unlock blur

₹2.2 L/yr - ₹6 L/yr

arrow icon 15% less
unlock blur

₹3 L/yr - ₹6.3 L/yr

arrow icon 8% less
unlock blur

₹2.4 L/yr - ₹5 L/yr

arrow icon 17% less
unlock blur

₹4.4 L/yr - ₹8.5 L/yr

arrow icon 14% more
unlock blur

₹4.5 L/yr - ₹6 L/yr

arrow icon 19% more
Logo
Marsh Relationship Manager Salary

3 - 6 years exp. (3 salaries)

unlock blur

₹13.8 L/yr - ₹17 L/yr

arrow icon 232% more
Relationship Manager salary at SBI Life Insurance Company ranges between ₹3.2 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Relationship Manager in Mumbai

4mo ago
avg blur mobile
4 years exp.
10mo ago
avg blur mobile
6 years exp.
11mo ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
3 years exp.
1y ago
avg blur mobile
5 years exp.
1y ago
avg blur mobile
2 years exp.

Experience wise SBI Life Insurance Company Relationship Manager salaries in Mumbai

Last Updated: 6 Oct 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

unlock blur

₹3.6 L/yr - ₹7.2 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹1.6 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹3.2 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹3.8 L/yr - ₹7.7 L/yr
6 years (AmbitionBox Estimate)

unlock blur

₹3.8 L/yr - ₹7.8 L/yr

Similar Designation salaries in SBI Life Insurance Company

Area Manager Salary
(16 salaries)
unlock blur
₹7.5 L/yr - ₹14.21 L/yr
Branch Manager Salary
(8 salaries)
unlock blur
₹8 L/yr - ₹11.2 L/yr
Deputy Manager Salary
(7 salaries)
unlock blur
₹4.5 L/yr - ₹10 L/yr
Sales Manager Salary
(3 salaries)
unlock blur
₹3.24 L/yr - ₹5.6 L/yr

Salary related reviews for SBI Life Insurance Company

1.0

Rated by 1 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.

read more

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

read more
  • 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

read more
  • 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.

read more
  • 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
see more salary related reviews

Discover interview dos and don'ts from real experiences

SBI Life Insurance Company Relationship Manager Salary FAQs

What is the salary of Relationship Manager at SBI Life Insurance Company Mumbai?
Relationship Manager salary at SBI Life Insurance Company in Mumbai ranges between ₹3.2 Lakhs to ₹5.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 18% less than the average Relationship Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of SBI Life Insurance Company Mumbai.
How does the salary of a Relationship Manager at SBI Life Insurance Company Mumbai 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 Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Relationship Manager in Mumbai?
  • Marsh Relationship Manager Salary - ₹13.8 Lakhs to ₹17.0 Lakhs per year
  • Shriram Life Insurance Relationship Manager Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
  • Aditya Birla Health Insurance Co Relationship Manager Salary - ₹4.4 Lakhs to ₹8.5 Lakhs per year
  • ICICI Prudential Life Insurance Relationship Manager Salary - ₹2.2 Lakhs to ₹9.8 Lakhs per year
  • Max Life Insurance Relationship Manager Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
What is the salary of a Relationship Manager in companies similar to SBI Life Insurance Company in Mumbai?
  • ICICI Lombard General Insurance Company Relationship Manager Salary - ₹2.5 Lakhs to ₹8.3 Lakhs per year
  • SBI General Insurance Relationship Manager Salary - ₹3.0 Lakhs to ₹6.3 Lakhs per year
  • Tata AIA Life Insurance Relationship Manager Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
  • Aviva Life Insurance India Relationship Manager Salary - ₹2.8 Lakhs to ₹3.8 Lakhs per year
  • Aditya Birla Sun Life Insurance Relationship Manager Salary - ₹2.2 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Relationship Manager at SBI Life Insurance Company in Mumbai?
The estimated take-home salary of a Relationship Manager at SBI Life Insurance Company ranges between ₹32,380 per month to ₹33,659 per month in Mumbai. The take-home salary calculation is based on the average SBI Life Insurance Company Relationship Manager salary in India which ranges between ₹3.2 Lakhs to ₹5.0 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Relationship Manager at SBI Life Insurance Company in Mumbai?
According to AmbitionBox, 50% of the SBI Life Insurance Company Relationship Managers in Mumbai reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Relationship Manager salary in Mumbai ranges between ₹3.2 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.