SBI Life Insurance Company Indore Sales Manager Salaries by 4 Employees (Updated 2025)

2 - 6 years exp.

₹2.1 Lakhs - ₹5 Lakhs

Salary of majority employees

46% less than the average Sales Manager Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

Sales & Business Development Sales Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹3.8 L/yr
BFSI, Investments & Trading Sales Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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Marketing & Communication Sales Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹5 L/yr

Last Updated: 4 Dec 2024

Companies similar to SBI Life Insurance Company for Sales Manager in Indore

SBI Life Insurance Company Sales Manager Salary

2 - 6 years exp. (4 salaries)

₹2.1 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Sales Manager Salary 1 - 15 years exp. (17 salaries)	₹4.4 L/yr - ₹9 L/yr 92% more
Aditya Birla Sun Life Insurance Sales Manager Salary 1 - 8 years exp. (8 salaries)	₹3.2 L/yr - ₹7 L/yr 67% more
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HDFC Bank Sales Manager Salary 0 - 16 years exp. (133 salaries)	₹2 L/yr - ₹11.8 L/yr 94% more	2 job openings
Axis Bank Sales Manager Salary 1 - 14 years exp. (98 salaries)	₹3 L/yr - ₹13 L/yr 114% more	2 job openings
IDFC FIRST Bank Sales Manager Salary 0 - 9 years exp. (35 salaries)	₹3 L/yr - ₹7.5 L/yr 62% more	24 job openings

Sales Manager salary at SBI Life Insurance Company ranges between ₹2.1 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Sales Manager salaries in Indore

Last Updated: 4 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.8 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6 L/yr
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4 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹5 L/yr

Similar Designation salaries in SBI Life Insurance Company

Sales Officer Salary

(4 salaries)

₹2 L/yr - ₹3.2 L/yr

Top skills at SBI Life Insurance Company for Sales Manager

Life Insurance Sales Strategy

Salary related reviews for SBI Life Insurance Company

Area Sales Manager in Vijayawada

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.

Business Development Executive in Gangtok

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

Job security - Poor

Senior Business Development Executive in Ongole

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.

Salary - Poor

+4 more

Business Development Manager in Rajkot

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

Salary - Poor

+6 more

Senior Business Development Manager in Katni

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..

Skill development - Good

+4 more

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.

Salary - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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SBI Life Insurance Company Sales Manager Salary FAQs

What is the salary of Sales Manager at SBI Life Insurance Company Indore?

Sales Manager salary at SBI Life Insurance Company in Indore ranges between ₹2.1 Lakhs to ₹5.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 46% less than the average Sales Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company Indore.

How does the salary of a Sales Manager at SBI Life Insurance Company Indore compare with the average salary range for this job?

The average salary of a Sales Manager at SBI Life Insurance Company is 46% less than the average salary of a Sales Manager in Indore. 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 Indore.

Which similar companies are paying more than SBI Life Insurance Company to a Sales Manager in Indore?

Axis Bank Sales Manager Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year
HDFC Bank Sales Manager Salary - ₹2.0 Lakhs to ₹11.8 Lakhs per year
ICICI Lombard General Insurance Company Sales Manager Salary - ₹4.4 Lakhs to ₹9.0 Lakhs per year
Aditya Birla Sun Life Insurance Sales Manager Salary - ₹3.2 Lakhs to ₹7.0 Lakhs per year
IDFC FIRST Bank Sales Manager Salary - ₹3.0 Lakhs to ₹7.5 Lakhs per year

What is the estimated take home salary of a Sales Manager at SBI Life Insurance Company in Indore?

The estimated take-home salary of a Sales Manager at SBI Life Insurance Company ranges between ₹25,992 per month to ₹27,416 per month in Indore. The take-home salary calculation is based on the average SBI Life Insurance Company Sales Manager salary in India which ranges between ₹2.1 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 Sales Manager at SBI Life Insurance Company in Indore?

According to AmbitionBox, 100% of the SBI Life Insurance Company Sales Managers in Indore reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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SBI Life Insurance Company Sales Manager Salaries in Indore

SBI Life Insurance Company Sales Manager salary in Indore ranges between ₹2.1 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.