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

0 - 4 years exp.

₹2 Lakhs - ₹2.6 Lakhs

Low Confidence

Salary of majority employees

24% less than the average Sales Representative Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

Engineering - Hardware & Networks Sales Representative Salary 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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Marketing & Communication Sales Representative Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 14 Jul 2023

Companies similar to SBI Life Insurance Company for Sales Representative

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Sales Representative Salary 0 - 5 years exp. (3 salaries)	₹2.6 L/yr - ₹4.5 L/yr 61% more
HDFC Life Sales Representative Salary 0 - 6 years exp. (5 salaries)	₹1.5 L/yr - ₹3.5 L/yr 11% more
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Max Life Insurance Sales Representative Salary 0 - 14 years exp. (5 salaries)	₹2 L/yr - ₹3 L/yr 11% more
Life Insurance Corporation of India Sales Representative Salary 1 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹4 L/yr 20% more
ICICI Lombard General Insurance Company Sales Representative Salary 2 - 3 years exp. (3 salaries)	₹2.8 L/yr - ₹3.5 L/yr 44% more

Sales Representative salary at SBI Life Insurance Company ranges between ₹2 Lakhs to ₹2.6 Lakhs per year for employees with less than 1 year of experience to 4 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 Representative salaries

Last Updated: 14 Jul 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr
1 year (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.3 L/yr
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2 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.9 L/yr
3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.6 L/yr

Similar Designation salaries in SBI Life Insurance Company

Sales Executive Salary

(51 salaries)

₹1.45 L/yr - ₹4.7 L/yr

Sales Associate Salary

(21 salaries)

₹1 L/yr - ₹3.6 L/yr

Sales Manager Salary

(82 salaries)

₹1.2 L/yr - ₹5.6 L/yr

Sales Officer Salary

(100 salaries)

₹1.8 L/yr - ₹3.8 L/yr

Marketing Executive Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Customer Executive Salary

(3 salaries)

₹2 L/yr - ₹2.5 L/yr

Area Sales Officer Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Area Sales Manager Salary

(32 salaries)

₹3.75 L/yr - ₹15.15 L/yr

Senior Sales Executive Salary

(6 salaries)

₹3.2 L/yr - ₹5.2 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹20.9 L/yr - ₹26.7 L/yr

Salary related reviews for SBI Life Insurance Company

5.0

Rated by 2 employees for salary & benefits

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.

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

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

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

Business Development Manager in Jaipur

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.

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.

Business Development Manager in Work Form Bank And Field

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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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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SBI Life Insurance Company Sales Representative Salary FAQs

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

Sales Representative salary at SBI Life Insurance Company in India ranges between ₹2.0 Lakhs to ₹2.6 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 24% less than the average Sales Representative Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company India.

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

The average salary of a Sales Representative at SBI Life Insurance Company is 24% less than the average salary of a Sales Representative in India. To know exact salary insights, login to view.

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

ICICI Prudential Life Insurance Sales Representative Salary - ₹2.6 Lakhs to ₹4.5 Lakhs per year
ICICI Lombard General Insurance Company Sales Representative Salary - ₹2.8 Lakhs to ₹3.5 Lakhs per year
Life Insurance Corporation of India Sales Representative Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
Max Life Insurance Sales Representative Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
HDFC Life Sales Representative Salary - ₹1.5 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a Sales Representative at SBI Life Insurance Company ranges between ₹15,219 per month to ₹16,806 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Sales Representative salary in India which ranges between ₹2.0 Lakhs to ₹2.6 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Sales Representative at SBI Life Insurance Company?

According to AmbitionBox, 67% of the SBI Life Insurance Company Sales Representatives reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Sales Representative Salaries by Location

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SBI Life Insurance Company Sales Representative Salaries

SBI Life Insurance Company Sales Representative salary in India ranges between ₹2 Lakhs to ₹2.6 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.