SBI Life Insurance Company Sr BDM Salaries by 100+ Employees (Updated 2025)

5 - 13 years exp.

₹3 Lakhs - ₹7.7 Lakhs

Salary of majority employees

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31% less than the average Sr BDM Salary in Insurance Companies for 5 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sr BDM Salary 5 - 13 years exp. (57 salaries)	Unlock ₹3.5 L/yr - ₹7.7 L/yr
Sales & Business Development Sr BDM Salary 5 - 13 years exp. (54 salaries)	Unlock ₹4 L/yr - ₹7.5 L/yr
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Customer Success, Service & Operations Sr BDM Salary 6 - 11 years exp. (13 salaries)	Unlock ₹4 L/yr - ₹7 L/yr
Marketing & Communication Sr BDM Salary 6 - 11 years exp. (10 salaries)	Unlock ₹4.5 L/yr - ₹6.6 L/yr
Finance & Accounting Sr BDM Salary 5 - 8 years exp. (5 salaries)	Unlock ₹3.5 L/yr - ₹6.4 L/yr

Last Updated: 16 Feb 2025

Companies similar to SBI Life Insurance Company for Sr BDM

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Sr BDM Salary 0 - 13 years exp. (3 salaries)	Unlock ₹4 L/yr - ₹4.5 L/yr 25% less
HDFC Life Sr BDM Salary 2 - 13 years exp. (4 salaries)	Unlock ₹3.2 L/yr - ₹4 L/yr 41% less
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Axis Max Life Insurance Sr BDM Salary 11 - 17 years exp. (4 salaries)	Unlock ₹7.8 L/yr - ₹11 L/yr 51% more
Bajaj Allianz Life Insurance Sr BDM Salary 3 - 19 years exp. (20 salaries)	Unlock ₹4.3 L/yr - ₹4.8 L/yr 19% less
Reliance Nippon Life Insurance Sr BDM Salary 3 - 11 years exp. (4 salaries)	Unlock ₹4.3 L/yr - ₹6.6 L/yr 11% less
Aditya Birla Sun Life Insurance Sr BDM Salary 9 - 15 years exp. (4 salaries)	Unlock ₹10.3 L/yr - ₹12 L/yr 101% more
SBI General Insurance Sr BDM Salary 5 - 13 years exp. (33 salaries)	Unlock ₹3.8 L/yr - ₹7 L/yr 8% less
ICICI Lombard General Insurance Company Sr BDM Salary 0 - 10 years exp. (8 salaries)	Unlock ₹4 L/yr - ₹9 L/yr 2% more
Bajaj Allianz General Insurance Sr BDM Salary 6 - 8 years exp. (5 salaries)	Unlock ₹4 L/yr - ₹6 L/yr 11% less
Shriram Life Insurance Sr BDM Salary 6 - 8 years exp. (4 salaries)	Unlock ₹2.8 L/yr - ₹3.2 L/yr 47% less

Sr BDM salary at SBI Life Insurance Company ranges between ₹3 Lakhs to ₹7.7 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 163 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Sr BDM

3d ago

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11 years exp.

1w ago

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9 years exp.

1w ago

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8 years exp.

1mo ago

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6 years exp.

1mo ago

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10 years exp.

1mo ago

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8 years exp.

1mo ago

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6 years exp.

1mo ago

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6 years exp.

1mo ago

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12 years exp.

2mo ago

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11 years exp.

Experience wise SBI Life Insurance Company Sr BDM salaries

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
5 years (14 salaries)	Unlock ₹3 L/yr - ₹6.4 L/yr
6 years (22 salaries)	Unlock ₹3.5 L/yr - ₹6.6 L/yr
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7 years (27 salaries)	Unlock ₹4.5 L/yr - ₹7.5 L/yr
8 years (29 salaries)	Unlock ₹3.5 L/yr - ₹7.5 L/yr
9 years (21 salaries)	Unlock ₹4.2 L/yr - ₹7.5 L/yr
10 years (21 salaries)	Unlock ₹4.2 L/yr - ₹7 L/yr
11 years (14 salaries)	Unlock ₹4.4 L/yr - ₹6.5 L/yr
12 years (8 salaries)	Unlock ₹5 L/yr - ₹7.7 L/yr
13 years (7 salaries)	Unlock ₹5 L/yr - ₹7.7 L/yr

View all

From

Sr BDM

₹

Lakhs/yr

5 - 13 years exp.

Zonal Area Manager

₹

Lakhs/yr

14 - 21 years exp.

Sr BDM

5 - 13 years exp.

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Area Manager

6 - 19 years exp.

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63% hike

Senior Area Manager

12 - 21 years exp.

Unlock

54% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Salary related reviews for SBI Life Insurance Company

3.6

Rated by 44 employees for salary & benefits

Sr BDM in Daryaganj

Full Time

Marketing & Communication Department

4.0

• posted on 28 Jun 2022

4.0

for Salary and Benefits

Likes

...al alliance. The manager are not supportive everything you have to do your own . Always threatened you have bad impression how can you survive you are not justifying your salary mentally torcher . Regional Head and Zonal Manager are also not supportive . Process are not organised . Called everyday evening to harash people.

Salary - Good

+3 more

Dislikes

Overall growth wise it's good company to grow and to earn but management is not goot . In my specific relationship almost 15 people resigned in 3 yrs . Pressure is too much no support. Management is also not supportive . You have to do of your own. They play with brand only .

Work-life balance - Poor

Sr BDM in Ahmedabad

Banca sales Department

1.0

• posted on 20 Mar 2018

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...ot atall concerned about ethical values. This company has Lowest infrastructure. Compensation is lowest amongst industry. Working system and process is pathetic. Learning module is weak. Only favorism and Partiality is in the senior's blood

Salary - Bad

+6 more

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

Sales Support Associate in Kishanganj

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 17 Jan 2024

1.0

for Salary and Benefits

Likes

Even though the salary in this company is very less as per the work, the salary is paid on time.

Dislikes

In today's times, it is important to work to support my family properly, hence I give my 100% to this company so that someday my salary will increase but after working for more than 1 year, I am realizing that It is very difficult to move forward, here we have to work till late night due to which we are not able to give time to our family, and even after doing so much work, we get very low salary so that I cannot support my family properly. I don't know how to do it, even after working for more than 14 hours every day, I don't get any bonus also.

Salary - Bad

+4 more

Development Manager in Jhargram

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 18 Oct 2023

1.0

for Salary and Benefits

Likes

...R profile like a puppet.Every single decesion are managed by higher authorities. No work and life balance, salary are on time but no increment very pathetic salary structure. No self respect. No work time. No emotion . Daily pressure. Vary vary bad 😭

Job security - Good

+1 more

Dislikes

Every thing Accept salary on time

Salary - Bad

+4 more

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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SBI Life Insurance Company Sr BDM Salary FAQs

What is the salary of Sr BDM at SBI Life Insurance Company?

Sr BDM salary at SBI Life Insurance Company in India ranges between ₹3.0 Lakhs to ₹7.7 Lakhs for experience between 5 years to 13 years. According to our estimates it is 31% less than the average Sr BDM Salary in India. Salary estimates are based on 163 latest salaries received from various employees of SBI Life Insurance Company India.

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

The average salary of a Sr BDM at SBI Life Insurance Company is 31% less than the average salary of a Sr BDM in India. To know exact salary insights, login to view.

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

Aditya Birla Sun Life Insurance Sr BDM Salary - ₹10.3 Lakhs to ₹12.0 Lakhs per year
Axis Max Life Insurance Sr BDM Salary - ₹7.8 Lakhs to ₹11.0 Lakhs per year
ICICI Lombard General Insurance Company Sr BDM Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year

What is the salary of a Sr BDM in companies similar to SBI Life Insurance Company in India?

SBI General Insurance Sr BDM Salary - ₹3.8 Lakhs to ₹7.0 Lakhs per year
Bajaj Allianz General Insurance Sr BDM Salary - ₹4.0 Lakhs to ₹6.0 Lakhs per year
Reliance Nippon Life Insurance Sr BDM Salary - ₹4.3 Lakhs to ₹6.6 Lakhs per year
Bajaj Allianz Life Insurance Sr BDM Salary - ₹4.3 Lakhs to ₹4.8 Lakhs per year
ICICI Prudential Life Insurance Sr BDM Salary - ₹4.0 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Sr BDM at SBI Life Insurance Company ranges between ₹42,613 per month to ₹43,739 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Sr BDM salary in India which ranges between ₹3.0 Lakhs to ₹7.7 Lakhs per year for employees with experience between 5 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 49% of the SBI Life Insurance Company Sr BDMs reported a notice period of 2 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 168 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Sr BDM Salaries by Location

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SBI Life Insurance Company Sr BDM Salaries

SBI Life Insurance Company Sr BDM salary in India ranges between ₹3 Lakhs to ₹7.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 163 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Sr BDM salaries in India (Updated 2025)

Companies similar to SBI Life Insurance Company for Sr BDM

Latest annual salaries shared by SBI Life Insurance Company Sr BDM

Experience wise SBI Life Insurance Company Sr BDM salaries

Salary related reviews for SBI Life Insurance Company

Sr BDM in Daryaganj

Sr BDM in Ahmedabad

Business Development Manager in Deoghar

Sales Support Associate in Kishanganj

Development Manager in Jhargram

SBI Life Insurance Company Sr BDM Salary FAQs

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SBI Life Insurance Company Sr BDM Salaries by Location