State Bank of India Insurance Adviser Salaries by 10 Employees (Updated 2025)

0 - 3 years exp.

₹0.9 Lakh - ₹3.1 Lakhs

Low Confidence

Salary of majority employees

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36% less than the average Insurance Adviser Salary in Banking Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Adviser Salary 1 - 3 years exp. (3 salaries)	Unlock ₹0.9 L/yr - ₹3.1 L/yr
Login to view exact salary
Marketing & Communication Insurance Adviser Salary 1 - 2 years exp. (AmbitionBox Estimate)	Unlock ₹1.9 L/yr - ₹2.5 L/yr

Last Updated: 13 Feb 2025

Companies similar to State Bank of India for Insurance Adviser

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Insurance Adviser Salary 0 - 3 years exp. (5 salaries)	Unlock ₹0.9 L/yr - ₹2 L/yr 35% less
HDFC Bank Insurance Adviser Salary 0 - 12 years exp. (5 salaries)	Unlock ₹1.5 L/yr - ₹7.5 L/yr 104% more
Login to view exact salary
Axis Bank Insurance Adviser Salary 0 - 5 years exp. (5 salaries)	Unlock ₹3 L/yr - ₹4 L/yr 76% more
Kotak Mahindra Bank Insurance Adviser Salary 1 - 3 years exp. (3 salaries)	Unlock ₹2 L/yr - ₹3.1 L/yr 41% more
IndusInd Bank Insurance Adviser Salary 2 - 6 years exp. (4 salaries)	Unlock ₹1.9 L/yr - ₹2.8 L/yr 19% more

Insurance Adviser salary at State Bank of India ranges between ₹0.9 Lakh to ₹3.1 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 10 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Insurance Adviser salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹1 L/yr - ₹2.9 L/yr
1 year (3 salaries)	Unlock ₹0.9 L/yr - ₹3.1 L/yr
Login to view exact salary
2 years (5 salaries)	Unlock ₹0.9 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹0.8 L/yr - ₹3.1 L/yr

Top skills at State Bank of India for Insurance Adviser

Insurance Sales

Salary related reviews for State Bank of India

4.3

Rated by 3 employees for salary & benefits

Deputy Manager in Bokaro

Full Time

Finance & Accounting Department

1.0

• posted on 19 Jan 2025

1.0

for Salary and Benefits

Likes

Fixed salary

Job security - Excellent

Dislikes

Horrible work culture. Too much internal politics. People who don't work re appraised well and people who work hard are appraised badly, and have to bear lots of criticism. Seniors don't have any idea about the reality of ground level and force unethical practices for personal gains. People who oppose this are publically humiliated and instructed to resign. Seniors have no working knowledge of how the softwares work, and if some do do, then they refused to share their knowledge with others. It is the worst workplace I have ever worked in. I would not wish this kind of working environment to my worst enemy.

Salary - Bad

+5 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 15 Nov 2024

4.0

for Salary and Benefits

Likes

Nothing to like really. You just get stuck in doing monotonous job

Salary - Good

+1 more

Dislikes

...erable. Asking to not come on a public holiday leads to targetting by your boss. No compensation for working on holidays. One has to work for 10-12 hours Monday to Saturday. You are asked to do work outside bank guidelines and no risk allowance/security assurance is given.

Skill development - Bad

+3 more

Field Officer in Amravati

Full Time

Other Department

3.0

• posted on 20 Oct 2024

5.0

for Salary and Benefits

Likes

Working at SBI is great satisfaction which comes with job security and Salary and other benefits. working in diffrent roles gives knowledge in overall banking sector

Salary - Excellent

+2 more

Dislikes

There is no work life balance . Lot of work pressure and no sympathy towards staff. Frequent transfers to diffrent locations and high pressure of achieving targets

Work satisfaction - Bad

+2 more

Manager in Bhopal

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 03 Oct 2024

1.0

for Salary and Benefits

Likes

Job sercurity

Job security - Excellent

Dislikes

...ent transfers Boring job Spend 30+ years in rural area Work in a different state ( rural area of tgat state) Salary is peanuts Targets ( multiple) Toxic work culture Genrer biased policy Tremendous workload Late sitting 14 hrs a day Holiday working Leaves not sanctioned Eqyal salary for non performere and performers No grooming

Salary - Bad

+5 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 18 Sep 2024

4.0

for Salary and Benefits

Likes

It is a reputed organisation and the largest public sector bank in India. The salary and perks are better as compared to other PSBs. There is job security.

Salary - Good

+2 more

Dislikes

Long sitting hours, lot of workload, seniors threatening to transfer/change posting, stress and pressure of completing targets, working on weekends and holidays. Huge customer base means a lot of customer dealing.

Company culture - Poor

+1 more

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State Bank of India Insurance Adviser Salary FAQs

What is the salary of Insurance Adviser at State Bank of India?

Insurance Adviser salary at State Bank of India in India ranges between ₹0.9 Lakhs to ₹3.1 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 36% less than the average Insurance Adviser Salary in India. Salary estimates are based on 10 latest salaries received from various employees of State Bank of India India.

How does the salary of a Insurance Adviser at State Bank of India India compare with the average salary range for this job?

The average salary of a Insurance Adviser at State Bank of India is 36% less than the average salary of a Insurance Adviser in India. To know exact salary insights, login to view.

What are the top skills required to work as a Insurance Adviser at State Bank of India?

Insurance Sales is a popular skill required to work as a Insurance Adviser at State Bank of India.

Which similar companies are paying more than State Bank of India to a Insurance Adviser in India?

HDFC Bank Insurance Adviser Salary - ₹1.5 Lakhs to ₹7.5 Lakhs per year
Axis Bank Insurance Adviser Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindra Bank Insurance Adviser Salary - ₹2.0 Lakhs to ₹3.1 Lakhs per year
IndusInd Bank Insurance Adviser Salary - ₹1.9 Lakhs to ₹2.8 Lakhs per year

What is the salary of a Insurance Adviser in companies similar to State Bank of India in India?

ICICI Bank Insurance Adviser Salary - ₹0.9 Lakhs to ₹2.0 Lakhs per year

What is the estimated take home salary of a Insurance Adviser at State Bank of India in India?

The estimated take-home salary of a Insurance Adviser at State Bank of India ranges between ₹13,078 per month to ₹14,479 per month in India. The take-home salary calculation is based on the average State Bank of India Insurance Adviser salary in India which ranges between ₹0.9 Lakhs to ₹3.1 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Insurance Adviser at State Bank of India?

According to AmbitionBox, 67% of the State Bank of India Insurance Advisers reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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State Bank of India Insurance Adviser Salaries by Location

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State Bank of India Insurance Adviser Salaries

State Bank of India Insurance Adviser salary in India ranges between ₹0.9 Lakh to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 State Bank of India latest salaries received from various employees of State Bank of India.