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SBI Life Insurance Company Sr BDM salaries in Moradabad

Annual salary range
11 - 13 years exp.
₹5 Lakhs - ₹6.3 Lakhs
Salary of majority employees
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10% less than the average Sr BDM Salary in Insurance Companies for 11 - 13 years of experience

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Salaries in different departments

Sales & Business Development
Sr BDM Salary
11 - 13 years exp. (3 salaries)
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₹6.3 L/yr - ₹6.6 L/yr

BFSI, Investments & Trading
Sr BDM Salary
12 - 13 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.2 L/yr

Last Updated: 20 Jul 2024

Sr BDM salary at SBI Life Insurance Company ranges between ₹5 Lakhs to ₹6.3 Lakhs per year for employees with experience between 11 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Sr BDM in Moradabad

5mo ago
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13 years exp.
9mo ago
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12 years exp.
1y ago
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11 years exp.
1y ago
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13 years exp.
1y ago
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12 years exp.

Experience wise SBI Life Insurance Company Sr BDM salaries in Moradabad

Last Updated: 20 Jul 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹6.3 L/yr
12 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.3 L/yr
13 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.3 L/yr
SBI Life Insurance Company Sr BDM Salary and Career Growth

From

To

Sr BDM

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5 - 13 years exp.

Zonal Area Manager

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14 - 22 years exp.

Sr BDM 5 - 13 years exp.
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Area Manager 6 - 18 years exp.
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arrow icon 56% hike
Senior Area Manager 12 - 21 years exp.
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arrow icon 57% hike

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Salary related reviews for SBI Life Insurance Company

5.0

Rated by 1 employees for salary & benefits

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.

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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 .

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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

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Full Time

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BFSI, Investments & Trading Department

2.0
  •  posted on 02 Dec 2024

2.0
 for  Salary and Benefits

Likes

Hr policy is very good of sbi life but Regional HR is Doll of Regional Director and Regional. Sbi life is a good Company like Government job for Back office employees like sales support, Operations department, Account Department, L&D Department and all Non Sales Employees. For Sales person QVP is Good if you have Good Branches and CIF

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Dislikes

...e those persons who are working in other companies and switching multiple times. A New Employee can get salary more then those employees who are working here from last 8 Year. Due to state bank sbi life is working other there is no respect of sbi life. Promotion norm is very hard, Increment norms is very bed. Over all this company is only for Lucky person like if you got a great cif or branches a temporary staff can do business. Over all this is very bed company for sales person due to QVP people stay here if Company announced there is no QVP 80% of Employees will left this company.

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Full Time

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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.

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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.

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Full Time

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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 😭

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Dislikes

Every thing Accept salary on time

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SBI Life Insurance Company Sr BDM Salary FAQs

What is the salary of Sr BDM at SBI Life Insurance Company Moradabad?
Sr BDM salary at SBI Life Insurance Company in Moradabad ranges between ₹5.0 Lakhs to ₹6.3 Lakhs for experience between 11 years to 13 years. According to our estimates it is 10% less than the average Sr BDM Salary in India. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company Moradabad.
How does the salary of a Sr BDM at SBI Life Insurance Company Moradabad compare with the average salary range for this job?
The average salary of a Sr BDM at SBI Life Insurance Company is 10% less than the average salary of a Sr BDM in Moradabad. To know exact salary insights, login to view.
What is the estimated take home salary of a Sr BDM at SBI Life Insurance Company in Moradabad?
The estimated take-home salary of a Sr BDM at SBI Life Insurance Company ranges between ₹42,596 per month to ₹43,722 per month in Moradabad. The take-home salary calculation is based on the average SBI Life Insurance Company Sr BDM salary in India which ranges between ₹5.0 Lakhs to ₹6.3 Lakhs per year for employees with experience between 11 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 in Moradabad?
According to AmbitionBox, 100% of the SBI Life Insurance Company Sr BDMs in Moradabad reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Sr BDM salary in Moradabad ranges between ₹5 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.