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

Annual salary range
0 - 10 years exp.
₹1.2 Lakh - ₹5.6 Lakhs
Salary of majority employees
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49% less than the average Sales Manager Salary in Insurance Companies for 0 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Sales Manager Salary
2 - 10 years exp. (17 salaries)
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₹1.2 L/yr - ₹5.6 L/yr

Sales & Business Development
Sales Manager Salary
0 - 10 years exp. (17 salaries)
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₹2.1 L/yr - ₹4.5 L/yr

Marketing & Communication
Sales Manager Salary
0 - 10 years exp. (14 salaries)
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₹2.5 L/yr - ₹5.5 L/yr

Customer Success, Service & Operations
Sales Manager Salary
5 - 6 years exp. (4 salaries)
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₹2.4 L/yr - ₹5.3 L/yr

Last Updated: 28 Feb 2025

Companies similar to SBI Life Insurance Company for Sales Manager

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

0 - 11 years exp. (702 salaries)

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₹1.6 L/yr - ₹7.5 L/yr

arrow icon 34% more
3 job openings
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₹2.5 L/yr - ₹10.6 L/yr

arrow icon 91% more
15 job openings
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₹1.6 L/yr - ₹7 L/yr

arrow icon 6% less
15 job openings
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Axis Max Life Insurance Sales Manager Salary

0 - 10 years exp. (616 salaries)

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₹2.3 L/yr - ₹6.2 L/yr

arrow icon 28% more
4 job openings
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₹2 L/yr - ₹6.3 L/yr

arrow icon 25% more
5 job openings
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₹2 L/yr - ₹11.4 L/yr

arrow icon 89% more
1 job opening
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₹1.8 L/yr - ₹6.8 L/yr

arrow icon 34% more
75 job openings
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₹2.6 L/yr - ₹5.1 L/yr

arrow icon 14% more
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HDFC Ergo General Insurance Sales Manager Salary

0 - 10 years exp. (284 salaries)

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₹2.2 L/yr - ₹7.7 L/yr

arrow icon 22% more
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₹1.5 L/yr - ₹6 L/yr

arrow icon 14% less
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₹0.6 L/yr - ₹6 L/yr

arrow icon 14% less
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₹2.2 L/yr - ₹10 L/yr

arrow icon 76% more
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Tata AIA Life Insurance Sales Manager Salary

3 - 11 years exp. (194 salaries)

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₹2.4 L/yr - ₹9 L/yr

arrow icon 52% more
11 job openings
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PNB MetLife Sales Manager Salary

1 - 9 years exp. (159 salaries)

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₹1.8 L/yr - ₹8 L/yr

arrow icon 5% more
104 job openings
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Shriram Life Insurance Sales Manager Salary

0 - 7 years exp. (113 salaries)

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₹1.7 L/yr - ₹7 L/yr

arrow icon 11% less
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MetLife Sales Manager Salary

1 - 7 years exp. (22 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 9% less
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₹2 L/yr - ₹6.5 L/yr

arrow icon 18% more
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SBI General Insurance Sales Manager Salary

3 - 11 years exp. (13 salaries)

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₹3.3 L/yr - ₹6.2 L/yr

arrow icon 21% more
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₹3.3 L/yr - ₹4.3 L/yr

arrow icon 3% more
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AIG Sales Manager Salary

1 - 4 years exp. (4 salaries)

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₹5.6 L/yr - ₹6.3 L/yr

arrow icon 66% more
Sales Manager salary at SBI Life Insurance Company ranges between ₹1.2 Lakh to ₹5.6 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 84 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Sales Manager

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Experience wise SBI Life Insurance Company Sales Manager salaries

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
Fresher  (6 salaries)

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₹2.4 L/yr - ₹4 L/yr
1 year  (4 salaries)

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₹2.8 L/yr - ₹3.5 L/yr
2 years  (9 salaries)

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₹1.2 L/yr - ₹4.5 L/yr
3 years  (11 salaries)

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₹1.2 L/yr - ₹4 L/yr
4 years  (9 salaries)

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₹2.4 L/yr - ₹4.5 L/yr
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Similar Designation salaries in SBI Life Insurance Company

Store Manager Salary
(AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.8 L/yr
Area Manager Salary
(222 salaries)
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₹4.6 L/yr - ₹14.21 L/yr
Branch Manager Salary
(169 salaries)
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₹6.5 L/yr - ₹15.7 L/yr
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₹3.75 L/yr - ₹13.5 L/yr
Sales Officer Salary
(40 salaries)
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₹2 L/yr - ₹3.5 L/yr
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₹18 L/yr - ₹30 L/yr
Deputy Manager Salary
(38 salaries)
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₹2.5 L/yr - ₹10 L/yr
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₹4.35 L/yr - ₹8.5 L/yr
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₹3.4 L/yr - ₹4.5 L/yr
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₹4.12 L/yr - ₹17 L/yr

Top skills at SBI Life Insurance Company for Sales Manager

Life Insurance Sales Strategy
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Salary related reviews for SBI Life Insurance Company

3.0

Rated by 17 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

 · 

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.

read more
  • Salary - Poor
  • +4 more

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
see more salary related reviews

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SBI Life Insurance Company Sales Manager Salary FAQs

What is the salary of Sales Manager at SBI Life Insurance Company?
Sales Manager salary at SBI Life Insurance Company in India ranges between ₹1.2 Lakhs to ₹5.6 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 49% less than the average Sales Manager Salary in India. Salary estimates are based on 84 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Sales Manager at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Sales Manager at SBI Life Insurance Company is 49% less than the average salary of a Sales Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Sales Manager at SBI Life Insurance Company?
Life Insurance and Sales Strategy are some of the popular skills required to work as a Sales Manager at SBI Life Insurance Company India.
Which similar companies are paying more than SBI Life Insurance Company to a Sales Manager in India?
  • ICICI Prudential Life Insurance Sales Manager Salary - ₹2.5 Lakhs to ₹10.6 Lakhs per year
  • ICICI Lombard General Insurance Company Sales Manager Salary - ₹2.0 Lakhs to ₹11.4 Lakhs per year
  • Aditya Birla Sun Life Insurance Sales Manager Salary - ₹2.2 Lakhs to ₹10.0 Lakhs per year
  • AIG Sales Manager Salary - ₹5.6 Lakhs to ₹6.3 Lakhs per year
  • Tata AIA Life Insurance Sales Manager Salary - ₹2.4 Lakhs to ₹9.0 Lakhs per year
What is the salary of a Sales Manager in companies similar to SBI Life Insurance Company in India?
  • Bajaj Allianz General Insurance Sales Manager Salary - ₹1.8 Lakhs to ₹6.8 Lakhs per year
  • HDFC Life Sales Manager Salary - ₹1.6 Lakhs to ₹7.5 Lakhs per year
  • Axis Max Life Insurance Sales Manager Salary - ₹2.3 Lakhs to ₹6.2 Lakhs per year
  • Kotak Mahindara Life Insurance Sales Manager Salary - ₹2.0 Lakhs to ₹6.3 Lakhs per year
  • HDFC Ergo General Insurance Sales Manager Salary - ₹2.2 Lakhs to ₹7.7 Lakhs per year
What is the estimated take home salary of a Sales Manager at SBI Life Insurance Company in India?
The estimated take-home salary of a Sales Manager at SBI Life Insurance Company ranges between ₹25,922 per month to ₹27,347 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Sales Manager salary in India which ranges between ₹1.2 Lakhs to ₹5.6 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?
What is the notice period for Sales Manager at SBI Life Insurance Company?
According to AmbitionBox, 43% of the SBI Life Insurance Company Sales Managers reported a notice period of 15 days or less, 41% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 81 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Sales Manager salary in India ranges between ₹1.2 Lakh to ₹5.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 84 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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