Shriram Life Insurance Sr BDM Salaries by 4 Employees (Updated 2025)

6 - 8 years exp.

₹2.8 Lakhs - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

64% less than the average Sr BDM Salary in Insurance Companies for 6 - 8 years of experience

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Last Updated: 12 Mar 2023

Companies similar to Shriram Life Insurance for Sr BDM

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Sr BDM Salary 0 - 13 years exp. (3 salaries)	₹4 L/yr - ₹4.5 L/yr 42% more
HDFC Life Sr BDM Salary 2 - 13 years exp. (4 salaries)	₹3.2 L/yr - ₹4 L/yr 11% more
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SBI Life Insurance Company Sr BDM Salary 5 - 13 years exp. (162 salaries)	₹3 L/yr - ₹7.7 L/yr 90% more
Max Life Insurance Sr BDM Salary 5 - 17 years exp. (6 salaries)	₹7.8 L/yr - ₹11 L/yr 192% more
Bajaj Allianz Life Insurance Sr BDM Salary 3 - 19 years exp. (19 salaries)	₹4.3 L/yr - ₹4.8 L/yr 53% more
Reliance Nippon Life Insurance Sr BDM Salary 3 - 11 years exp. (4 salaries)	₹4.3 L/yr - ₹6.6 L/yr 68% more
Aditya Birla Sun Life Insurance Sr BDM Salary 9 - 15 years exp. (4 salaries)	₹10.3 L/yr - ₹12 L/yr 281% more
SBI General Insurance Sr BDM Salary 5 - 13 years exp. (32 salaries)	₹3.8 L/yr - ₹7 L/yr 75% more
ICICI Lombard General Insurance Company Sr BDM Salary 0 - 10 years exp. (8 salaries)	₹4 L/yr - ₹9 L/yr 93% more
Care Health Insurance Sr BDM Salary 7 - 15 years exp. (5 salaries)	₹5.1 L/yr - ₹9.6 L/yr 136% more

Sr BDM salary at Shriram Life Insurance ranges between ₹2.8 Lakhs to ₹3.2 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Sr BDM salaries

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.2 L/yr
7 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr
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8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.1 L/yr

Salary related reviews for Shriram Life Insurance

4.7

Rated by 2 employees for salary & benefits

Tele Marketing Executive in Chennai

Full Time

Marketing & Communication Department

3.0

• posted on 19 Nov 2024

3.0

for Salary and Benefits

Likes

Sales business so... income is flexible according to your business

Dislikes

There are many dislikes.... 1. Salary was not credited by the correct date 2. There are no week off including Sunday working day 3.etc not recommended

Senior Business Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 07 Mar 2024

1.0

for Salary and Benefits

Likes

Nothing to like

Dislikes

Work culture horrible. HR is not bothered. They dont even respond to your calls .salary deduction is ver high .no security for your job they can remove you anytime.horrible company..even sundays they expect to work.

Unit Manager in Hubli

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 19 Jun 2023

1.0

for Salary and Benefits

Likes

There is not a single good things about Shriram life insurance Company. Its horrible place for work.

Dislikes

Reckless Boss, after joining 1st month salary provided after that No salary no response from HR, your attendance doesn't matters. If they wish then only you will get salary. One of the worst experience I had in 6months.

Accounts Receivable Executive in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

5.0

• posted on 02 May 2023

4.0

for Salary and Benefits

Likes

I like the work culture and friendly environment with each and every single people and cultural activities are good.

Dislikes

Salaries are less compared to other companies, so push HR in starting itself for ur salary and salary deductions are high these are he dislikes. I felt !

Renewal Executive in Egmore

Full Time

Renewal Department

2.0

• posted on 23 Sep 2022

4.0

for Salary and Benefits

Likes

Salary credited on month end without any failed

Dislikes

Terrible environment I’ve been worked here at last 6 months and I’m literally feeling like depressed because nobody talk about anything other than just performance that they need 100% no matter what or else the TL & Assistant manager will make you feel like that you are just the worse person on this earth rather than motivating you. main thing is cases allocated to callers by partiality. The actual shift time should be 9.30 am to 6.30.pm but the TL & Assistant manager will extend the shit to 8.pm also.. it is like a torture & people feel like depressed. In my entire life I can’t see myself suggesting anyone to join this organisation.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Shriram Life Insurance Sr BDM Salary FAQs

What is the salary of Sr BDM at Shriram Life Insurance?

Sr BDM salary at Shriram Life Insurance in India ranges between ₹2.8 Lakhs to ₹3.2 Lakhs for experience between 6 years to 8 years. According to our estimates it is 64% less than the average Sr BDM Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Shriram Life Insurance India.

How does the salary of a Sr BDM at Shriram Life Insurance India compare with the average salary range for this job?

The average salary of a Sr BDM at Shriram Life Insurance is 64% less than the average salary of a Sr BDM in India. To know exact salary insights, login to view.

Which similar companies are paying more than Shriram Life Insurance to a Sr BDM in India?

Aditya Birla Sun Life Insurance Sr BDM Salary - ₹10.3 Lakhs to ₹12.0 Lakhs per year
Max Life Insurance Sr BDM Salary - ₹7.8 Lakhs to ₹11.0 Lakhs per year
Care Health Insurance Sr BDM Salary - ₹5.1 Lakhs to ₹9.6 Lakhs per year
ICICI Lombard General Insurance Company Sr BDM Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year
SBI Life Insurance Company Sr BDM Salary - ₹3.0 Lakhs to ₹7.7 Lakhs per year

What is the salary of a Sr BDM in companies similar to Shriram Life Insurance in India?

SBI General Insurance Sr BDM Salary - ₹3.8 Lakhs to ₹7.0 Lakhs per year
Reliance Nippon Life Insurance Sr BDM Salary - ₹4.3 Lakhs to ₹6.6 Lakhs per year
Bajaj Allianz Life Insurance Sr BDM Salary - ₹4.3 Lakhs to ₹4.8 Lakhs per year
ICICI Prudential Life Insurance Sr BDM Salary - ₹4.0 Lakhs to ₹4.5 Lakhs per year
HDFC Life Sr BDM Salary - ₹3.2 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Sr BDM at Shriram Life Insurance in India?

The estimated take-home salary of a Sr BDM at Shriram Life Insurance ranges between ₹21,263 per month to ₹22,908 per month in India. The take-home salary calculation is based on the average Shriram Life Insurance Sr BDM salary in India which ranges between ₹2.8 Lakhs to ₹3.2 Lakhs per year for employees with experience between 6 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Sr BDM at Shriram Life Insurance?

According to AmbitionBox, 50% of the Shriram Life Insurance Sr BDMs reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Shriram Life Insurance Sr BDM Salaries

Shriram Life Insurance Sr BDM salary in India ranges between ₹2.8 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.