SBI Life Insurance Company Salesman Salaries by 2 Employees (Updated 2025)

4 - 8 years exp.

₹2.7 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 1 Jul 2023

Companies similar to SBI Life Insurance Company for Salesman

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Salesman Salary 0 - 2 years exp. (7 salaries)	₹2.6 L/yr - ₹3.3 L/yr 2% less
HDFC Life Salesman Salary 1 - 3 years exp. (3 salaries)	₹3 L/yr - ₹4.9 L/yr 8% more
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Max Life Insurance Salesman Salary 0 - 7 years exp. (5 salaries)	₹2 L/yr - ₹6 L/yr 26% more
Bajaj Allianz Life Insurance Salesman Salary 0 - 5 years exp. (5 salaries)	₹2.5 L/yr - ₹3.7 L/yr 2% more
Kotak Mahindara Life Insurance Salesman Salary 0 - 7 years exp. (4 salaries)	₹3.5 L/yr - ₹4.7 L/yr 34% more
Reliance Nippon Life Insurance Salesman Salary 1 year exp. (4 salaries)	₹1.2 L/yr - ₹5.8 L/yr 1% more
PNB MetLife Salesman Salary 5 - 21 years exp. (4 salaries)	₹1.4 L/yr - ₹6.9 L/yr 44% more
Life Insurance Corporation of India Salesman Salary 0 - 5 years exp. (5 salaries)	₹1.5 L/yr - ₹3 L/yr 24% less
ICICI Lombard General Insurance Company Salesman Salary 1 - 8 years exp. (4 salaries)	₹4.7 L/yr - ₹6.1 L/yr 77% more
HDFC Ergo General Insurance Salesman Salary 1 - 3 years exp. (4 salaries)	₹2.1 L/yr - ₹5.8 L/yr 47% more
Care Health Insurance Salesman Salary 0 - 2 years exp. (4 salaries)	₹2 L/yr - ₹2.8 L/yr 24% less
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Salesman salary at SBI Life Insurance Company ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 2 latest salaries received from various employees of SBI Life Insurance Company.

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Salary related reviews for SBI Life Insurance Company

5.0

Rated by 1 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 senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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SBI Life Insurance Company Salesman Salary FAQs

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

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

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SBI Life Insurance Company Salesman Salaries

SBI Life Insurance Company Salesman salary in India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs. This is an estimate based on latest salaries received from employees of SBI Life Insurance Company.