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SBI Life Insurance Company Salaries in India

based on 11.1k latest salaries
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Designation Avg Annual Salary Open Jobs
16 - 21 years exp. (5 salaries)
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₹45 L/yr - ₹60 L/yr

2 - 17 years exp. (5 salaries)
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₹7.5 L/yr - ₹9.4 L/yr

1 - 2 years exp. (5 salaries)
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₹1.2 L/yr - ₹2.4 L/yr

1 - 2 years exp. (5 salaries)
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₹1 L/yr - ₹4.5 L/yr

3 - 13 years exp. (5 salaries)
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₹3.1 L/yr - ₹6.6 L/yr

1 - 7 years exp. (5 salaries)
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₹3.5 L/yr - ₹4.5 L/yr

3 - 18 years exp. (4 salaries)
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₹6.6 L/yr - ₹20 L/yr

0 - 1 year exp. (4 salaries)
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₹1 L/yr - ₹4.5 L/yr

1 - 10 years exp. (4 salaries)
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₹3 L/yr - ₹4.4 L/yr

0 - 4 years exp. (4 salaries)
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₹2 L/yr - ₹2.1 L/yr

0 - 12 years exp. (4 salaries)
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₹2 L/yr - ₹14 L/yr

3 - 6 years exp. (4 salaries)
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₹4.3 L/yr - ₹6.5 L/yr

0 - 5 years exp. (4 salaries)
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₹2 L/yr - ₹5.5 L/yr

1 - 10 years exp. (4 salaries)
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₹1.9 L/yr - ₹4.1 L/yr

1 - 8 years exp. (4 salaries)
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₹1.2 L/yr - ₹4.2 L/yr

2 - 8 years exp. (4 salaries)
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₹2.1 L/yr - ₹10.1 L/yr

2 - 6 years exp. (4 salaries)
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₹2.5 L/yr - ₹3 L/yr

1 - 4 years exp. (4 salaries)
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₹1.8 L/yr - ₹2 L/yr

1 - 2 years exp. (4 salaries)
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₹4.5 L/yr - ₹5.8 L/yr

3 - 10 years exp. (4 salaries)
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₹3.5 L/yr - ₹4.2 L/yr

Last Updated: 27 Dec, 2024

Salary related reviews for SBI Life Insurance Company

3.6

Rated by 3.6k employees for salary & benefits

Full Time

 · 

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

 · 

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

 · 

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

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 23 Mar 2024

2.0
 for  Salary and Benefits

Likes

SBI LIFE company one of d best Lerner and advance business development company. I learnt about recruitment, business development, product knowledge, proper training, market identification, prospect screening everything... This base given me stronger now make my leadership skills, culture is very good, supportive operation staff, digital marketing services also digital payment security is one of d best function. I like learning, build relationships with my team, products and culture.

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Dislikes

It's issue about low salary, holiday weekend not allowed, some seniors behaviour very rude and harrasment. Company HR not responded after leaving job, some manager HR not understanding what is situation about employee. Very badly speak in front of our team, ts hurt.

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Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 08 Jul 2023

1.0
 for  Salary and Benefits

Likes

Salary is credited on time. Office ambience is good

Dislikes

There is no work life balance in the company. There is huge salary gap in sales and operations. Work load is unevenly distributed between male and female employees. There is overtime on regular basis and male employees are forced to work overtime and times cooercive language is used. KRA is not properly set and you don't know on which basis you will be rated. Reporting manager is free to use any misappropriate language and HR manager completely support any misdeeds of managers and does every best to supress your complaint.

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SBI Life Insurance Company Salary FAQs

How much does SBI Life Insurance Company pay per year?
The average SBI Life Insurance Company salary ranges from approximately ₹0.2 Lakh to ₹3 Lakhs per year for a Banking Assistant and ₹45 Lakhs to ₹1.1 Crore per year for a Senior Vice President. Salary estimates are based on 11.1k SBI Life Insurance Company salaries received from various employees of SBI Life Insurance Company. SBI Life Insurance Company employees rate the overall salary and benefits package 3.6/5 stars.
What is the highest salary in SBI Life Insurance Company?
The highest-paying job at SBI Life Insurance Company is a Senior Vice President with a salary of ₹45 Lakhs to ₹1.1 Crore per year. The top 10% of employees earn more than ₹12.51 lakhs per year. The top 1% earn more than a whopping ₹35.15 lakhs per year.
What is the minimum salary in SBI Life Insurance Company?
Minimum salary at SBI Life Insurance Company depends on the role you are applying for. For Associate the minimum salary is ₹1 Lakh to ₹4.5 Lakhs per year, and for Development Manager the minimum salary is ₹1.8 Lakh to ₹4.5 Lakhs per year and so on.
What is the salary package for freshers in SBI Life Insurance Company?
The average salary at SBI Life Insurance Company for freshers varies from ₹1 Lakh to ₹2 Lakhs per year for Telecaller and ₹3 Lakhs to ₹10.5 Lakhs per year for Management Trainee.
What is the notice period at SBI Life Insurance Company?
According to AmbitionBox, 34% of the SBI Life Insurance Company employees reported a notice period of 1 Month, 22% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 11.8k responses on AmbitionBox in last 2 years.

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Average annual salary in SBI Life Insurance Company is INRunlock blur . Salary estimates are based on 11.1k SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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