SBI Life Insurance Company New Delhi Senior Business Development Manager Salaries by 20+ Employees (Updated 2025)

4 - 13 years exp.

₹3.4 Lakhs - ₹8 Lakhs

Salary of majority employees

40% less than the average Senior Business Development Manager Salary in Insurance Companies for 4 - 13 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development Senior Business Development Manager Salary 4 - 12 years exp. (9 salaries)	₹4.5 L/yr - ₹7.8 L/yr
BFSI, Investments & Trading Senior Business Development Manager Salary 4 - 11 years exp. (8 salaries)	₹3.4 L/yr - ₹6.5 L/yr
Login to view exact salary
Customer Success, Service & Operations Senior Business Development Manager Salary 4 - 8 years exp. (3 salaries)	₹5.1 L/yr - ₹5.5 L/yr
Marketing & Communication Senior Business Development Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹6.5 L/yr

Last Updated: 5 Feb 2025

Companies similar to SBI Life Insurance Company for Senior Business Development Manager in New Delhi

SBI Life Insurance Company Senior Business Development Manager Salary

4 - 13 years exp. (28 salaries)

₹3.4 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Senior Business Development Manager Salary 2 - 10 years exp. (13 salaries)	₹4.2 L/yr - ₹6 L/yr 19% less
SBI General Insurance Senior Business Development Manager Salary 3 - 11 years exp. (19 salaries)	₹3.6 L/yr - ₹6.6 L/yr 10% less	1 job opening
Login to view exact salary
ICICI Lombard General Insurance Company Senior Business Development Manager Salary 4 - 13 years exp. (13 salaries)	₹5.4 L/yr - ₹14 L/yr 63% more
MakeMyTrip Senior Business Development Manager Salary 0 - 7 years exp. (37 salaries)	₹5 L/yr - ₹11.5 L/yr 37% more
IndusInd Bank Senior Business Development Manager Salary 0 - 7 years exp. (29 salaries)	₹4 L/yr - ₹4.7 L/yr 26% less

Senior Business Development Manager salary at SBI Life Insurance Company ranges between ₹3.4 Lakhs to ₹8 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 28 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Senior Business Development Manager salaries in New Delhi

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
4 years (4 salaries)	₹3.4 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
Login to view exact salary
6 years (4 salaries)	₹5.1 L/yr - ₹7.5 L/yr
7 years (3 salaries)	₹4.5 L/yr - ₹7.8 L/yr
8 years (5 salaries)	₹4.5 L/yr - ₹6.6 L/yr
9 years (3 salaries)	₹5 L/yr - ₹6.3 L/yr
10 years (3 salaries)	₹4.8 L/yr - ₹6.5 L/yr
11 years (3 salaries)	₹4.8 L/yr - ₹6.5 L/yr
12 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹11.8 L/yr
13 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹8 L/yr

View all

Similar Designation salaries in SBI Life Insurance Company

Business Development Manager Salary

(106 salaries)

₹3 L/yr - ₹6.5 L/yr

Senior Business Development Executive Salary

(69 salaries)

₹3.5 L/yr - ₹5.25 L/yr

Business Development Executive Salary

(32 salaries)

₹2.05 L/yr - ₹4.5 L/yr

Salary related reviews for SBI Life Insurance Company

1.6

Rated by 9 employees for salary & benefits

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

Senior Business Development Manager in Nagpur

Sales & Business Development Department

4.0

• posted on 27 Sep 2019

5.0

for Salary and Benefits

Likes

...where but for the same No abusing Words used by Higher authorities for Business. Compensation also good. Over All good company

Salary - Excellent

+6 more

Dislikes

Company has holiday on every 2&3 Saturday.. But we need to go on Works on these Holiday also...

Business Development Manager in Deoghar

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.

Salary - Poor

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

Got a question about SBI Life Insurance Company?

Ask anonymously on communities.

SBI Life Insurance Company Senior Business Development Manager Salary FAQs

What is the salary of Senior Business Development Manager at SBI Life Insurance Company New Delhi?

Senior Business Development Manager salary at SBI Life Insurance Company in New Delhi ranges between ₹3.4 Lakhs to ₹8.0 Lakhs for experience between 4 years to 13 years. According to our estimates it is 40% less than the average Senior Business Development Manager Salary in India. Salary estimates are based on 28 latest salaries received from various employees of SBI Life Insurance Company New Delhi.

How does the salary of a Senior Business Development Manager at SBI Life Insurance Company New Delhi compare with the average salary range for this job?

The average salary of a Senior Business Development Manager at SBI Life Insurance Company is 40% less than the average salary of a Senior Business Development Manager in New Delhi. To know exact salary insights, login to view.

Which similar companies are paying more than SBI Life Insurance Company to a Senior Business Development Manager in New Delhi?

ICICI Lombard General Insurance Company Senior Business Development Manager Salary - ₹5.4 Lakhs to ₹14.0 Lakhs per year
MakeMyTrip Senior Business Development Manager Salary - ₹5.0 Lakhs to ₹11.5 Lakhs per year

What is the salary of a Senior Business Development Manager in companies similar to SBI Life Insurance Company in New Delhi?

SBI General Insurance Senior Business Development Manager Salary - ₹3.6 Lakhs to ₹6.6 Lakhs per year
Bajaj Allianz Life Insurance Senior Business Development Manager Salary - ₹4.2 Lakhs to ₹6.0 Lakhs per year
IndusInd Bank Senior Business Development Manager Salary - ₹4.0 Lakhs to ₹4.7 Lakhs per year

What is the estimated take home salary of a Senior Business Development Manager at SBI Life Insurance Company in New Delhi?

The estimated take-home salary of a Senior Business Development Manager at SBI Life Insurance Company ranges between ₹44,975 per month to ₹46,066 per month in New Delhi. The take-home salary calculation is based on the average SBI Life Insurance Company Senior Business Development Manager salary in India which ranges between ₹3.4 Lakhs to ₹8.0 Lakhs per year for employees with experience between 4 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Senior Business Development Manager at SBI Life Insurance Company in New Delhi?

According to AmbitionBox, 58% of the SBI Life Insurance Company Senior Business Development Managers in New Delhi reported a notice period of 2 Months, 42% reported a notice period of 1 Month.This is based on 19 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
SBI Life Insurance Company Salaries >
SBI Life Insurance Company Senior Business Development Manager Salaries >
SBI Life Insurance Company Senior Business Development Manager Salaries in New Delhi

SBI Life Insurance Company Senior Business Development Manager salary in New Delhi ranges between ₹3.4 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 28 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Senior Business Development Manager salaries in New Delhi

Companies similar to SBI Life Insurance Company for Senior Business Development Manager in New Delhi

Latest annual salaries shared by SBI Life Insurance Company Senior Business Development Manager in New Delhi

Experience wise SBI Life Insurance Company Senior Business Development Manager salaries in New Delhi

Similar Designation salaries in SBI Life Insurance Company

Salary related reviews for SBI Life Insurance Company

Senior Business Development Manager in Katni

Senior Business Development Manager in Nagpur

Business Development Manager in Deoghar

Area Sales Manager in Vijayawada

Business Development Executive in Gangtok

SBI Life Insurance Company Senior Business Development Manager Salary FAQs

Tell us how to improve this page.