SBI Life Insurance Company Pune Territory Manager Salaries by 2 Employees (Updated 2025)

7 - 15 years exp.

₹4.8 Lakhs - ₹6.2 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 29 Jul 2023

Companies similar to SBI Life Insurance Company for Territory Manager in Pune

SBI Life Insurance Company Territory Manager Salary

7 - 15 years exp. (AmbitionBox Estimate)

₹4.8 L/yr - ₹6.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Territory Manager Salary 10 - 18 years exp. (12 salaries)	₹10.6 L/yr - ₹16 L/yr 159% more
Axis Max Life Insurance Territory Manager Salary 12 - 17 years exp. (9 salaries)	₹12.6 L/yr - ₹17.8 L/yr 178% more
Login to view exact salary
Bajaj Allianz Life Insurance Territory Manager Salary 7 - 17 years exp. (5 salaries)	₹6 L/yr - ₹7.5 L/yr 18% more
Tata AIA Life Insurance Territory Manager Salary 5 - 13 years exp. (6 salaries)	₹7 L/yr - ₹8.5 L/yr 50% more	3 job openings
Reliance Nippon Life Insurance Territory Manager Salary 6 - 14 years exp. (3 salaries)	₹5 L/yr - ₹10 L/yr 28% more
Aviva Life Insurance India Territory Manager Salary 5 - 14 years exp. (6 salaries)	₹5.5 L/yr - ₹8.5 L/yr 26% more	1 job opening
Bajaj Allianz General Insurance Territory Manager Salary 2 - 11 years exp. (8 salaries)	₹3.9 L/yr - ₹6.3 L/yr 1% less

Territory Manager salary at SBI Life Insurance Company ranges between ₹4.8 Lakhs to ₹6.2 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 2 latest salaries received from various employees of SBI Life Insurance Company.

From

Territory Manager

₹

Lakhs/yr

4 - 15 years exp.

Divisional Sales Manager

₹

Lakhs/yr

11 - 20 years exp.

Territory Manager 4 - 15 years exp.

Branch Sales Manager 6 - 20 years exp.

66% hike

Divisional Sales Manager 11 - 20 years exp.

96% hike

From

Territory Manager

4 - 15 years exp.

Associate Branch Manager

3 - 20 years exp.

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.

Similar Designation salaries in SBI Life Insurance Company

Senior Agency Manager Salary

(4 salaries)

₹4.5 L/yr - ₹4.6 L/yr

Salary related reviews for SBI Life Insurance Company

2.3

Rated by 2 employees for salary & benefits

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

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

Salary - Poor

+6 more

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.

Salary - Excellent

+6 more

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.

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Salary Discussions, Hike & Promotions

1w (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 my previous org.

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SBI Life Insurance Company Territory Manager Salary FAQs

What is the notice period for Territory Manager at SBI Life Insurance Company in Pune?

According to AmbitionBox, 100% of the SBI Life Insurance Company Territory Managers in Pune 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 Territory Manager Salaries in Pune

SBI Life Insurance Company Territory Manager salary in Pune ranges between ₹4.8 Lakhs to ₹6.2 Lakhs. This is an estimate based on latest salaries received from employees of SBI Life Insurance Company.