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

based on 163 latest salaries
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Designation Avg Annual Salary Open Jobs
5 - 13 years exp. (164 salaries)
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₹3 L/yr - ₹8.2 L/yr

2 - 3 years exp. (AmbitionBox Estimate)
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₹1 L/yr - ₹2.3 L/yr

2 - 14 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.2 L/yr

0 - 10 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹8.9 L/yr

5 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr

3 - 5 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.9 L/yr

1 - 2 years exp. (AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.8 L/yr

5 - 6 years exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.8 L/yr

0 - 7 years exp. (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr

2 - 5 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.8 L/yr

2 - 4 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹3 L/yr

5 - 6 years exp. (AmbitionBox Estimate)
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₹10.6 L/yr - ₹13.6 L/yr

2 - 4 years exp. (AmbitionBox Estimate)
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₹12.7 L/yr - ₹16.3 L/yr

0 - 6 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

2 - 7 years exp. (AmbitionBox Estimate)
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₹4.6 L/yr - ₹5.9 L/yr

20 - 21 years exp. (AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr

3 - 7 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.3 L/yr

1 - 4 years exp. (AmbitionBox Estimate)
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₹1.5 L/yr - ₹3.5 L/yr

2 - 3 years exp. (AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr

0 - 2 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3 L/yr

0 - 1 year exp. (AmbitionBox Estimate)
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₹0.5 L/yr - ₹2 L/yr

Last Updated: 7 Jan, 2025

Salary related reviews for SBI Life Insurance Company

3.6

Rated by 44 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.

read more
  • 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 .

read more
  • Work-life balance - Poor

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

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Poor

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.

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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.

read more
  • Salary - Bad
  • +4 more

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 😭

read more
  • Job security - Good
  • +1 more

Dislikes

Every thing Accept salary on time

  • Salary - Bad
  • +4 more
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SBI Life Insurance Company Salary FAQs

How much does SBI Life Insurance Company pay to its employees?
The average annual salary at SBI Life Insurance Company varies depending on the role, experience, and location. The salary ranges for some popular designations at SBI Life Insurance Company, are as follows:

Sr BDM ₹3 Lakhs to ₹8.2 Lakhs per year
Data Entry Operator ₹1 Lakhs to ₹2.3 Lakhs per year
Financial Planner ₹3.3 Lakhs to ₹4.2 Lakhs per year
Risk Analyst ₹7 Lakhs to ₹8.9 Lakhs per year

The highest-paying role, Senior Vice President, earns between ₹45 Lakhs to ₹1.1 Crore per year. The top 10% of employees earn more than ₹12.9 Lakhs per year, and the top 1% earn over ₹36 Lakhs per year. Salaries at SBI Life Insurance Company can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 163 salaries submitted by SBI Life Insurance Company employees. SBI Life Insurance Company is rated 3.6 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at SBI Life Insurance Company in India?
The salary of a fresher at SBI Life Insurance Company in India typically ranges from ₹1 Lakh to ₹10.5 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Senior Associate Salary ₹2.9 Lakhs to ₹4.5 Lakhs per year
Fresher as a Business Development Manager Salary ₹2.1 Lakhs to ₹5 Lakhs per year
Fresher as a Management Trainee Salary ₹4.7 Lakhs to ₹10.5 Lakhs per year
Fresher as a Business Development Executive Salary ₹2 Lakhs to ₹3.9 Lakhs per year

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Average annual salary for Sr BDM in SBI Life Insurance Company is INRunlock blur . Salary estimates are based on 163 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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