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SBI Life Insurance Company Sales Executive salaries in India

Annual salary range
0 - 6 years exp.
₹1.5 Lakh - ₹4.7 Lakhs
Salary of majority employees
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11% less than the average Sales Executive Salary in Insurance Companies for 0 - 6 years of experience

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Salaries in different departments

Sales & Business Development
Sales Executive Salary
0 - 6 years exp. (15 salaries)
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₹1.5 L/yr - ₹4.5 L/yr

BFSI, Investments & Trading
Sales Executive Salary
0 - 6 years exp. (9 salaries)
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₹1.5 L/yr - ₹4.7 L/yr

Customer Success, Service & Operations
Sales Executive Salary
2 - 5 years exp. (5 salaries)
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₹2.4 L/yr - ₹3.4 L/yr

Finance & Accounting
Sales Executive Salary
1 - 3 years exp. (4 salaries)
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₹2.5 L/yr - ₹2.8 L/yr

Marketing & Communication
Sales Executive Salary
2 - 6 years exp. (3 salaries)
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₹2.9 L/yr - ₹3.5 L/yr

Last Updated: 3 Jan 2025

Companies similar to SBI Life Insurance Company for Sales Executive

Company name Avg Annual Salary Open Jobs
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₹1.5 L/yr - ₹4.8 L/yr

arrow icon 16% more
3 job openings
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HDFC Life Sales Executive Salary

0 - 6 years exp. (190 salaries)

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₹1.2 L/yr - ₹5 L/yr

arrow icon 14% more
1 job opening
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Max Life Insurance Sales Executive Salary

1 - 9 years exp. (74 salaries)

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₹1.8 L/yr - ₹5.2 L/yr

arrow icon 15% more
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₹1.4 L/yr - ₹4.6 L/yr

arrow icon 10% more
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₹0.7 L/yr - ₹4.5 L/yr

arrow icon 1% more
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₹1 L/yr - ₹4.6 L/yr

arrow icon 24% less
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₹1.1 L/yr - ₹5 L/yr

arrow icon 2% more
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₹1.7 L/yr - ₹4.8 L/yr

arrow icon 19% more
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₹1.2 L/yr - ₹5.5 L/yr

arrow icon 9% less
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PNB MetLife Sales Executive Salary

0 - 9 years exp. (39 salaries)

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₹1.8 L/yr - ₹5.3 L/yr

arrow icon 20% more
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₹1.1 L/yr - ₹5.3 L/yr

arrow icon 11% less
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₹1.7 L/yr - ₹4.5 L/yr

arrow icon 8% more
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₹1.3 L/yr - ₹4.5 L/yr

arrow icon 6% more
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Shriram Life Insurance Sales Executive Salary

0 - 2 years exp. (55 salaries)

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₹1.1 L/yr - ₹4 L/yr

arrow icon 25% less
1 job opening
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₹1 L/yr - ₹6 L/yr

arrow icon 6% less
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₹2 L/yr - ₹4 L/yr

arrow icon 5% more
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SBI General Insurance Sales Executive Salary

2 - 7 years exp. (33 salaries)

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₹1.9 L/yr - ₹4.3 L/yr

arrow icon 7% more
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Care Health Insurance Sales Executive Salary

0 - 8 years exp. (26 salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 2% more
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₹2 L/yr - ₹4.2 L/yr

arrow icon 8% more
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MetLife Sales Executive Salary

1 - 9 years exp. (4 salaries)

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₹1.2 L/yr - ₹9 L/yr

arrow icon 80% more
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Sales Executive salary at SBI Life Insurance Company ranges between ₹1.5 Lakh to ₹4.7 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 51 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Sales Executive

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Experience wise SBI Life Insurance Company Sales Executive salaries

Last Updated: 3 Jan 2025

Experience Avg Annual Salary
Fresher  (5 salaries)

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₹2 L/yr - ₹3.5 L/yr
1 year  (10 salaries)

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₹1.5 L/yr - ₹4.5 L/yr
2 years  (12 salaries)

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₹1.5 L/yr - ₹3.3 L/yr
3 years  (10 salaries)

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₹1.8 L/yr - ₹4.3 L/yr
4 years  (3 salaries)

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₹1.5 L/yr - ₹3.4 L/yr
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Similar Designation salaries in SBI Life Insurance Company

Marketing Executive Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
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₹2 L/yr - ₹2.5 L/yr
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₹3.2 L/yr - ₹5.2 L/yr
Sales Officer Salary
(100 salaries)
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₹1.7 L/yr - ₹3.5 L/yr
Sales Associate Salary
(22 salaries)
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₹1.41 L/yr - ₹3.6 L/yr
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₹2 L/yr - ₹2.6 L/yr
Sales Manager Salary
(82 salaries)
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₹1.2 L/yr - ₹5.6 L/yr
Area Sales Officer Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹20.9 L/yr - ₹26.7 L/yr
Team Lead Salary
(12 salaries)
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₹2.3 L/yr - ₹4.8 L/yr

Salary related reviews for SBI Life Insurance Company

3.3

Rated by 9 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

 · 

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

 · 

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

 · 

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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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.

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 25 Sep 2023

1.0
 for  Salary and Benefits

Likes

Only Job Security,

Dislikes

...hear from long time. Only due to not get any increment I have left the job..... You will hire new persons on higher package but you won't retain ur old employes on giving them some litter bit hike or increment. My humble request to you that plz take care of your old employes who are working on lower package or CTC, from long time...plz don't force them to leave the job due to lower Package... And plz start Rehiring. Lots of old employes are ready to work with sbilife Again.🙏

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SBI Life Insurance Company Sales Executive Salary FAQs

What is the salary of Sales Executive at SBI Life Insurance Company?
Sales Executive salary at SBI Life Insurance Company in India ranges between ₹1.5 Lakhs to ₹4.7 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 11% less than the average Sales Executive Salary in India. Salary estimates are based on 51 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Sales Executive at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Sales Executive at SBI Life Insurance Company is 11% less than the average salary of a Sales Executive in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Sales Executive in India?
  • MetLife Sales Executive Salary - ₹1.2 Lakhs to ₹9.0 Lakhs per year
  • PNB MetLife Sales Executive Salary - ₹1.8 Lakhs to ₹5.3 Lakhs per year
  • Aviva Life Insurance India Sales Executive Salary - ₹1.7 Lakhs to ₹4.8 Lakhs per year
  • ICICI Prudential Life Insurance Sales Executive Salary - ₹1.5 Lakhs to ₹4.8 Lakhs per year
  • Max Life Insurance Sales Executive Salary - ₹1.8 Lakhs to ₹5.2 Lakhs per year
What is the salary of a Sales Executive in companies similar to SBI Life Insurance Company in India?
  • HDFC Life Sales Executive Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
  • The New India Assurance Co. Sales Executive Salary - ₹1.6 Lakhs to ₹5.0 Lakhs per year
  • Bajaj Allianz Life Insurance Sales Executive Salary - ₹1.4 Lakhs to ₹4.6 Lakhs per year
  • Aditya Birla Health Insurance Co Sales Executive Salary - ₹2.0 Lakhs to ₹4.2 Lakhs per year
  • HDFC Ergo General Insurance Sales Executive Salary - ₹1.7 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Sales Executive at SBI Life Insurance Company in India?
The estimated take-home salary of a Sales Executive at SBI Life Insurance Company ranges between ₹19,954 per month to ₹21,618 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Sales Executive salary in India which ranges between ₹1.5 Lakhs to ₹4.7 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Sales Executive at SBI Life Insurance Company?
According to AmbitionBox, 53% of the SBI Life Insurance Company Sales Executives reported a notice period of 15 days or less, 27% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 64 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Sales Executive salary in India ranges between ₹1.5 Lakh to ₹4.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 51 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.