SBI Life Insurance Company Vice President Sales Salaries by 4 Employees (Updated 2025)

15 - 18 years exp.

₹16 Lakhs - ₹46 Lakhs

Low Confidence

Salary of majority employees

24% less than the average Vice President Sales Salary in Insurance Companies for 15 - 18 years of experience

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Salaries in different departments

Sales & Business Development Vice President Sales Salary 17 - 18 years exp. (AmbitionBox Estimate)	₹37.5 L/yr - ₹46 L/yr
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BFSI, Investments & Trading Vice President Sales Salary 16 years exp. (AmbitionBox Estimate)	₹33.8 L/yr - ₹41.3 L/yr

Last Updated: 2 Nov 2024

Companies similar to SBI Life Insurance Company for Vice President Sales

Company name	Avg Annual Salary	Open Jobs
HDFC Life Vice President Sales Salary 9 - 19 years exp. (5 salaries)	₹11.4 L/yr - ₹52.8 L/yr 11% less
Max Life Insurance Vice President Sales Salary 17 - 23 years exp. (5 salaries)	₹25 L/yr - ₹50 L/yr 30% more
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Bajaj Allianz Life Insurance Vice President Sales Salary 22 - 25 years exp. (5 salaries)	₹14.9 L/yr - ₹50 L/yr 6% more
Kotak Mahindara Life Insurance Vice President Sales Salary 21 - 26 years exp. (5 salaries)	₹34 L/yr - ₹45 L/yr 5% more
Tata AIA Life Insurance Vice President Sales Salary 20 - 21 years exp. (3 salaries)	₹55 L/yr - ₹60 L/yr 69% more
Star Health & Allied Insurance Vice President Sales Salary 15 - 30 years exp. (3 salaries)	₹45 L/yr - ₹75 L/yr 61% more

Vice President Sales salary at SBI Life Insurance Company ranges between ₹16 Lakhs to ₹46 Lakhs per year for employees with experience between 15 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Vice President Sales salaries

Last Updated: 2 Nov 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹16 L/yr - ₹46 L/yr
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Similar Designation salaries in SBI Life Insurance Company

Senior Vice President Salary

(6 salaries)

₹45 L/yr - ₹112 L/yr

General Manager Sales Salary

(AmbitionBox Estimate)

₹47.5 L/yr - ₹52.5 L/yr

General Manager Salary

(AmbitionBox Estimate)

₹0.5 L/yr - ₹0.6 L/yr

Sales Manager Salary

(82 salaries)

₹1.2 L/yr - ₹5.6 L/yr

Zonal Sales Manager Salary

(7 salaries)

₹18 L/yr - ₹30 L/yr

Associate Vice President Salary

(162 salaries)

₹9 L/yr - ₹31.3 L/yr

Assistant Vice President Salary

(5 salaries)

₹17 L/yr - ₹22.48 L/yr

Regional Manager Salary

(6 salaries)

₹30 L/yr - ₹39.09 L/yr

Regional Head Salary

(4 salaries)

₹10 L/yr - ₹12 L/yr

National Sales Manager Salary

(AmbitionBox Estimate)

₹10.7 L/yr - ₹13.7 L/yr

Salary related reviews for SBI Life Insurance Company

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

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.

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.

Business Development Manager in Work Form Bank And Field

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 25 Sep 2023

1.0

for Salary and Benefits

Likes

Only Job Security,

Dislikes

...hear from long time. Only due to not get any increment I have left the job..... You will hire new persons on higher package but you won't retain ur old employes on giving them some litter bit hike or increment. My humble request to you that plz take care of your old employes who are working on lower package or CTC, from long time...plz don't force them to leave the job due to lower Package... And plz start Rehiring. Lots of old employes are ready to work with sbilife Again.🙏

Business Development Manager in Bangalore / Bengaluru

Sales Department

1.0

• posted on 12 May 2022

5.0

for Salary and Benefits

Likes

Salary before month end Brand Reputation

Dislikes

No personal life satisfaction Terrible AM behavior No felicitation No recognition Poor plans and costly Pressure will come like he'll If channel partners not supported even though we've to do business.. Less customer service at channel partner

Business Development Manager

Karur Department

4.0

• posted on 14 Feb 2020

4.0

for Salary and Benefits

Likes

The SBI life insurance co Ltd . Developed employees career &life style I'm worked SBI life manappari branch .

Dislikes

My branch manager don't support to me & my office friends every day pressure & loss pay working time morning 7to evening 9

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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SBI Life Insurance Company Vice President Sales Salary FAQs

What is the salary of Vice President Sales at SBI Life Insurance Company?

Vice President Sales salary at SBI Life Insurance Company in India ranges between ₹16.0 Lakhs to ₹46.0 Lakhs for experience between 15 years to 18 years. According to our estimates it is 24% less than the average Vice President Sales Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Life Insurance Company India.

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

The average salary of a Vice President Sales at SBI Life Insurance Company is 24% less than the average salary of a Vice President Sales in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI Life Insurance Company to a Vice President Sales in India?

Tata AIA Life Insurance Vice President Sales Salary - ₹55.0 Lakhs to ₹60.0 Lakhs per year
Star Health & Allied Insurance Vice President Sales Salary - ₹45.0 Lakhs to ₹75.0 Lakhs per year
Max Life Insurance Vice President Sales Salary - ₹25.0 Lakhs to ₹50.0 Lakhs per year
Bajaj Allianz Life Insurance Vice President Sales Salary - ₹14.9 Lakhs to ₹50.0 Lakhs per year
Kotak Mahindara Life Insurance Vice President Sales Salary - ₹34.0 Lakhs to ₹45.0 Lakhs per year

What is the salary of a Vice President Sales in companies similar to SBI Life Insurance Company in India?

HDFC Life Vice President Sales Salary - ₹11.4 Lakhs to ₹52.8 Lakhs per year

What is the estimated take home salary of a Vice President Sales at SBI Life Insurance Company in India?

The estimated take-home salary of a Vice President Sales at SBI Life Insurance Company ranges between ₹2,07,728 per month to ₹2,15,984 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Vice President Sales salary in India which ranges between ₹16.0 Lakhs to ₹46.0 Lakhs per year for employees with experience between 15 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Vice President Sales at SBI Life Insurance Company?

According to AmbitionBox, 67% of the SBI Life Insurance Company Vice President Saless reported a notice period of 2 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Vice President Sales Salaries

SBI Life Insurance Company Vice President Sales salary in India ranges between ₹16 Lakhs to ₹46 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.