SBI Life Insurance Company BD Manager Salaries by 7 Employees (Updated 2025)

2 - 11 years exp.

₹3.8 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

BD Manager Salary at SBI Life Insurance Company ranges between ₹3.8 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 7 latest salaries... Read more

39% less than the average BD Manager Salary in Insurance Companies for 2 - 11 years of experience

Interested in this particular role?

Last Updated: 1 May 2025

Companies similar to SBI Life Insurance Company for BD Manager

Company name	Avg Annual Salary	Open Jobs
SBI General Insurance BD Manager Salary 0 - 2 years exp. (4 salaries)	₹2 L/yr - ₹3.2 L/yr 33% less
Bajaj Allianz Life Insurance BD Manager Salary 1 - 10 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 12% less
Login to view exact salary
HDFC Life BD Manager Salary 0 - 5 years exp. (4 salaries)	₹3.4 L/yr - ₹3.8 L/yr 23% less

ICICI Prudential Life Insurance BD Manager Salary 2 - 10 years exp. (3 salaries)	₹2.6 L/yr - ₹7.4 L/yr 17% more
BYJU'S BD Manager Salary 1 - 4 years exp. (11 salaries)	₹5 L/yr - ₹15.3 L/yr 106% more

SBI Life Insurance Company BD Manager salaries by

Years of experience	Avg. annual salary
2 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
3 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
10 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
11 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

View all salaries by experience

Similar Designation Salaries at SBI Life Insurance Company

Similar Designation	Avg. annual salary
Area Manager Salary (219 salaries)	₹5.1 L/yr - ₹15 L/yr
Branch Manager Salary (158 salaries)	₹6.5 L/yr - ₹15.7 L/yr
Login to view exact salary
Sales Manager Salary (78 salaries)	₹2 L/yr - ₹5.5 L/yr
Deputy Manager Salary (45 salaries)	₹2.4 L/yr - ₹10 L/yr
Business Manager Salary (28 salaries)	₹5.1 L/yr - ₹8.5 L/yr
Regional Manager Salary (10 salaries)	₹30 L/yr - ₹42 L/yr
Team Lead Salary (13 salaries)	₹2.3 L/yr - ₹6 L/yr
Marketing Manager Salary (16 salaries)	₹3.5 L/yr - ₹12.8 L/yr
Territory Manager Salary (105 salaries)	₹4 L/yr - ₹7 L/yr
Area Sales Manager Salary (25 salaries)	₹4 L/yr - ₹13.5 L/yr

View more similar designations

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a senior executive

GF salary Vs. My salary

Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!

Got a question about SBI Life Insurance Company?

Ask anonymously on communities.

Prepare for Your Interview with Real Experiences!

View interviews

Salary related reviews for SBI Life Insurance Company

4.0

Rated by 1 employees for salary & benefits

Senior Business Development Executive in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• updated on 29 Apr 2025

3.0

for Salary and Benefits

Likes

Salary structure are good in sbi life

Dislikes

Management are bad even seniors are not take initiate to talk with clients and IA chaneel seriously need to work on management. No self employee portal access even you have to login your id from BO only

Skill development - Poor

+5 more

Business Development Manager in Deoghar

Full Time

Marketing & Communication Department

5.0

• updated 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.

Salary - Poor

Area Sales Manager in Vijayawada

Full Time

BFSI, Investments & Trading Department

5.0

• updated on 05 Aug 2023

5.0

for Salary and Benefits

Likes

I am so Proud to say Working this organisation last 4years. i got a two promotions last two years.

Salary - Excellent

+6 more

Dislikes

I expecting Long time Vintage Employes Expect Minimum Salary hike. because Now a days out side companies giving a more salary hikes Vintage persons so Our Company giving a minimum hikes of Vintage Employes it will so benefit and no one live Our Company.

Business Development Executive in Gangtok

Full Time

Marketing & Communication Department

4.0

• updated on 13 Sep 2023

5.0

for Salary and Benefits

Likes

very good company with good oppurtunities and good pay

Salary - Excellent

+4 more

Dislikes

management is not so good,specially our managers always threatning for resign and salary hold.company needs to fix this kind of problems for their employee to work with full motivation

Job security - Poor

Senior Business Development Executive in Ongole

Full Time

BFSI, Investments & Trading Department

2.0

• updated on 09 Jun 2023

2.0

for Salary and Benefits

Likes

No positive to tell company not good salary not good supporting staff.

Dislikes

Treating very cheap to front line employees(Field workers).and also no support to superior s.. always blamed for front line employees.

Salary - Poor

+4 more

see more salary related reviews

SBI Life Insurance Company BD Manager Salary FAQs

What is the salary of BD Manager at SBI Life Insurance Company ?

The average salary of a BD Manager at SBI Life Insurance Company in India typically ranges from ₹3.8 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of BD Manager at SBI Life Insurance Company earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. BD Manager 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 estimates are based on salary data submitted by 7 SBI Life Insurance Company employees in India.

What is the estimated take home salary of a BD Manager at SBI Life Insurance Company in India?

The estimated take-home salary of a BD Manager at SBI Life Insurance Company in India typically ranges from ₹33,189 to ₹34,455 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 2 years to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SBI Life Insurance Company for BD Manager in India?

BYJU'S	₹5.0 Lakhs to ₹15.3 Lakhs per year
ICICI Prudential Life Insurance	₹2.6 Lakhs to ₹7.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Life Insurance Company, depending on the role and experience level.

What is the salary of a BD Manager in companies similar to SBI Life Insurance Company in India?

The salary of a BD Manager at companies similar to SBI Life Insurance Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance	₹3.0 Lakhs to ₹4.5 Lakhs per year
HDFC Life	₹3.4 Lakhs to ₹3.8 Lakhs per year
SBI General Insurance	₹2.0 Lakhs to ₹3.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a BD Manager at SBI Life Insurance Company in India?

The salary growth for a BD Manager at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a BD Manager can expect the following growth trajectory at SBI Life Insurance Company:

Experience	Average Salary Range
2 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
3 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
4 years	₹4.1 Lakhs to ₹5.3 Lakhs per year
5 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

Tell us how to improve this page.

SBI Life Insurance Company BD Manager Salaries by Location

Home >
Salaries >
SBI Life Insurance Company Salaries >
SBI Life Insurance Company BD Manager Salaries

SBI Life Insurance Company BD Manager salary in India ranges between ₹3.8 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.