Likes
Nothing to like really. You just get stuck in doing monotonous job
Annual salary range
0 - 5 years exp.
₹1.2
Lakh - ₹6
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary5% less than the average Life Insurance Agent Salary in Banking Companies for 0 - 5 years of experience
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Companies similar to State Bank of India for Life Insurance Agent
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Kotak Mahindra Bank Life Insurance Agent Salary
0 - 1 year exp. (4 salaries) |  ₹1 L/yr - ₹2.5 L/yr 
22%
less | |
 Life Insurance Corporation of India Life Insurance Agent Salary
1 - 15 years exp. (32 salaries) | ₹1 L/yr - ₹7.5 L/yr 
13%
more | |
Login to view exact salary
| ||
 Reliance Nippon Life Insurance Life Insurance Agent Salary
0 - 2 years exp. (8 salaries) | ₹1 L/yr - ₹5 L/yr
21%
less | |
 Bharti AXA Life Insurance Life Insurance Agent Salary
0 - 7 years exp. (7 salaries) | ₹1.1 L/yr - ₹6 L/yr
1%
less | |
 HDFC Life Life Insurance Agent Salary
0 - 5 years exp. (7 salaries) | ₹2 L/yr - ₹3.9 L/yr
1%
less | |
Life Insurance Agent salary at State Bank of India ranges between ₹1.2
Lakh
to ₹6
Lakhs
per year for employees with less than 1 year of experience to 5 years. Salary
estimates are based on
4 latest salaries received
from various employees of State Bank of India.
Latest annual salaries shared by State Bank of India Life Insurance Agent
7mo ago
4
years
exp.
1y ago
5
years
exp.
1y ago
5
months
exp.
Experience wise State Bank of India Life Insurance Agent salaries
Last Updated: 15 May 2024
| Experience | Avg Annual Salary |
|---|---|
| Fresher (AmbitionBox Estimate) |
₹1.4
L/yr
- ₹1.8
L/yr
|
| 4 years (AmbitionBox Estimate) |
₹1.4
L/yr
- ₹1.7
L/yr
|
Login to view exact salary
| |
| 5 years (AmbitionBox Estimate) |
₹5.4
L/yr
- ₹6.9
L/yr
|
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wineymoose
An Operations Manager
Don't apply for a banking job until you read this.
Are you considering a career in banking? Think again..
Between FY17 and FY24, while the Indian banking sector added half a million new jobs, public sector banks said goodbye to over 1,00,000 employees... In FY24 alone, 11,154 jobs vanished, with the State Bank of India leading the exit wave at 3,562 employees.
Is this the end of stable PSU jobs as we know them?
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State Bank of India Life Insurance Agent Salary FAQs
What is the salary of Life Insurance Agent at State Bank of India?
Life Insurance Agent salary at State Bank of India in India ranges between ₹1.2 Lakhs to ₹6.0 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 5% less than the average Life Insurance Agent Salary in India. Salary estimates are based on 4 latest salaries received from various employees of State Bank of India India.
How does the salary of a Life Insurance Agent at State Bank of India India compare with the average salary range for this job?
The average salary of a Life Insurance Agent at State Bank of India is 5% less than the average salary of a Life Insurance Agent in India. To know exact salary insights, login to view.
Which similar companies are paying more than State Bank of India to a Life Insurance Agent in India?
- Life Insurance Corporation of India Life Insurance Agent Salary - ₹1.0 Lakhs to ₹7.5 Lakhs per year
What is the salary of a Life Insurance Agent in companies similar to State Bank of India in India?
- Bharti AXA Life Insurance Life Insurance Agent Salary - ₹1.1 Lakhs to ₹6.0 Lakhs per year
- HDFC Life Life Insurance Agent Salary - ₹2.0 Lakhs to ₹3.9 Lakhs per year
- Reliance Nippon Life Insurance Life Insurance Agent Salary - ₹1.0 Lakhs to ₹5.0 Lakhs per year
- Kotak Mahindra Bank Life Insurance Agent Salary - ₹1.0 Lakhs to ₹2.5 Lakhs per year
What is the estimated take home salary of a Life Insurance Agent at State Bank of India in India?
The estimated take-home salary of a Life Insurance Agent at State Bank of India ranges between ₹18,887 per month to ₹20,567 per month in India. The take-home salary calculation is based on the average State Bank of India Life Insurance Agent salary in India which ranges between ₹1.2 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?
What is the notice period for Life Insurance Agent at State Bank of India?
According to AmbitionBox, 33% of the State Bank of India Life Insurance Agents reported a notice period of 15 days or less, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.
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State Bank of India Life Insurance Agent Salaries by Location
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State Bank of India Life Insurance Agent salary
in
India
ranges between ₹1.2
Lakh to ₹6
Lakhs with an average annual salary of
₹. Salary estimates are based on
4
State Bank of India latest salaries received from various employees of
State Bank of India.