SBI Life Insurance Company Territory Manager Bancassurance Salaries by Employees (Updated 2025)

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₹5.7 Lakhs - ₹7.2 Lakhs

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Last Updated: 12 Mar 2023

Companies similar to SBI Life Insurance Company for Territory Manager Bancassurance

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Territory Manager Bancassurance Salary 1 - 4 years exp. (4 salaries)	₹2.6 L/yr - ₹6 L/yr 20% less
HDFC Life Territory Manager Bancassurance Salary 8 - 19 years exp. (18 salaries)	₹5.4 L/yr - ₹20 L/yr 100% more
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Bajaj Allianz Life Insurance Territory Manager Bancassurance Salary 13 - 15 years exp. (4 salaries)	₹13.5 L/yr - ₹17 L/yr 136% more
Tata AIA Life Insurance Territory Manager Bancassurance Salary 4 - 18 years exp. (5 salaries)	₹5.5 L/yr - ₹7 L/yr 4% less	1 job opening
PNB MetLife Territory Manager Bancassurance Salary 5 - 15 years exp. (16 salaries)	₹6.5 L/yr - ₹9.8 L/yr 24% more	2 job openings
HDFC Ergo General Insurance Territory Manager Bancassurance Salary 8 - 15 years exp. (4 salaries)	₹7 L/yr - ₹7.9 L/yr 14% more

Territory Manager Bancassurance salary at SBI Life Insurance Company ranges between ₹5.7 Lakhs to ₹7.2 Lakhs per year for employees with 12 years of experience. Salary estimates are based on 1 latest salaries received from various employees of SBI Life Insurance Company.

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Salary related reviews for SBI Life Insurance Company

Agency Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

1.0

• posted on 27 Jun 2023

1.0

for Salary and Benefits

Likes

Good organisation for learning Training provide by that organisation is very good Customer service is nice Chain of branch is very good..

Dislikes

...ale without competition Senior manager always gives pressure to unit manager.. They earn 6 digit salary and lower staff salary is only 20k... promote product Boucher to investment own money...mea If you join that organisation get ready for so much pressure with low salary

Agency Manager in Dharamshala

Human Resources Department

5.0

• posted on 25 May 2022

5.0

for Salary and Benefits

Likes

Job security depends on your working If u are doing well on all parameters your job is secured company is employees oriented salary hike is only on your promotion

Dislikes

Management is good salary hike is depend on your promotion that is the major problem in this company career growth is depends upon your promotion. And training is given by the company on all parameters

Senior Agency Manager in KATIHAR , Bihar

BFSI, Investments & Trading Department

5.0

• posted on 06 Aug 2020

5.0

for Salary and Benefits

Likes

Digital platform for field sales force and preventive step to stop bogus insurance. Always supportive guidance by Higher management/official .

Dislikes

Salary increments system is not satisfactory. A FLSM who fulfill NBP criteria but miss his/her promotion due to nominal margin of Persistancy they are not eligible to get beneficial of Salary increments .

Agency Manager in Bilaspur

Sales & Business Development Department

5.0

• posted on 02 Apr 2020

2.0

for Salary and Benefits

Likes

SBI life Insurance is a very good company regarding salary growth working environment learning but politics is overwhelming in this company your long time survival depends allways on the bosses will' that should be taken care by the company. what is review? it's is kind of where you are lacking and where should improve but Review means here do or die. perform or perish.in this way sbi is loosing Good hardworking and skillful workers.

Dislikes

everything is ok in sbi there is to much of review

Branch Manager in Kumta

BFSI, Investments & Trading Department

3.0

• posted on 18 Jun 2020

3.0

for Salary and Benefits

Likes

Salary hike 3 to 5 % per year.Providing petrol exp and telephone exp based on cader.

Dislikes

Lot of politics, no HR Control , career growth is slow, induction training will not conducted in proper time. No value and respect for out Commer. High volume pressure on target and mental irritation. No any value addition from reporting manager.

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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 Territory Manager Bancassurance Salaries

SBI Life Insurance Company Territory Manager Bancassurance salary in India ranges between ₹5.7 Lakhs to ₹7.2 Lakhs. This is an estimate based on latest salaries received from employees of SBI Life Insurance Company.

SBI Life Insurance Company Territory Manager Bancassurance salaries in India

Companies similar to SBI Life Insurance Company for Territory Manager Bancassurance

Similar Designation salaries in SBI Life Insurance Company

Salary related reviews for SBI Life Insurance Company

Agency Manager in Hyderabad / Secunderabad

Agency Manager in Dharamshala

Senior Agency Manager in KATIHAR , Bihar

Agency Manager in Bilaspur

Branch Manager in Kumta

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