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Annual salary range
2 - 10 years exp.
₹1.9
Lakh - ₹6.5
Lakhs
Salary of majority employees
Avg. annual salary
Monthly In-hand Salary
BDM Salary at SBI Life Insurance Company ranges between ₹1.9 Lakh to ₹6.5 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 182 latest salaries received...
Read more
12% less than the average BDM Salary in Insurance Companies for 2 - 10 years of experience
Interested in this particular role?
Companies similar to SBI Life Insurance Company for BDM
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Life BDM Salary
1 - 14 years exp. (155 salaries) |  ₹2.4 L/yr - ₹4.5 L/yr 
22%
less | |
 SBI General Insurance BDM Salary
1 - 8 years exp. (50 salaries) | ₹2 L/yr - ₹4.8 L/yr
24%
less | |
Login to view exact salary
| ||
 Bajaj Allianz Life Insurance BDM Salary
0 - 13 years exp. (29 salaries) | ₹3.4 L/yr - ₹5.2 L/yr
3%
less | |
 Bajaj Allianz General Insurance BDM Salary
2 - 16 years exp. (8 salaries) | ₹4 L/yr - ₹6.8 L/yr 
28%
more | |
 Aditya Birla Sun Life Insurance BDM Salary
1 - 10 years exp. (7 salaries) | ₹3 L/yr - ₹5.8 L/yr
7%
less | |
 Kotak Mahindara Life Insurance BDM Salary
0 - 21 years exp. (7 salaries) | ₹4.5 L/yr - ₹10.2 L/yr
64%
more | |
 Axis Max Life Insurance BDM Salary
5 - 12 years exp. (6 salaries) | ₹3.5 L/yr - ₹7.2 L/yr
18%
more | |
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| ||
 Shriram Life Insurance BDM Salary
0 - 9 years exp. (6 salaries) | ₹2.2 L/yr - ₹6.2 L/yr
18%
less | |
 Aditya Birla Health Insurance Co BDM Salary
4 - 13 years exp. (6 salaries) | ₹4.3 L/yr - ₹5.5 L/yr
2%
less | |
 Tata AIA Life Insurance BDM Salary
2 - 6 years exp. (5 salaries) | ₹3 L/yr - ₹4 L/yr
23%
less | |
 ICICI Prudential Life Insurance BDM Salary
1 - 4 years exp. (4 salaries) | ₹3 L/yr - ₹3.5 L/yr
31%
less | |
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| ||
 Reliance Nippon Life Insurance BDM Salary
3 - 6 years exp. (4 salaries) | ₹3.2 L/yr - ₹4 L/yr
20%
less | |
 Life Insurance Corporation of India BDM Salary
0 - 5 years exp. (4 salaries) | ₹1.8 L/yr - ₹3.5 L/yr
40%
less | |
 ICICI Lombard General Insurance Company BDM Salary
4 - 7 years exp. (4 salaries) | ₹1.9 L/yr - ₹6.5 L/yr
11%
less | |
SBI Life Insurance Company BDM
Salary and Career Growth
From
To
BDM
₹
Lakhs/yr
Lakhs/yr
2 - 10 years exp.
Zonal Area Manager
₹
Lakhs/yr
Lakhs/yr
13 - 21 years exp.
BDM
2 - 10 years exp.
Sr BDM
5 - 13 years exp.
23% hike
Area Manager
6 - 18 years exp.
66% hike
Disclaimer: Our data limits
the visualization of this career path at this point. However, other roles and
opportunities might be available within the organization beyond what is shown
here.
Latest annual salaries shared by SBI Life Insurance Company BDM
2d ago
₹5.5
Lakhs
6
years
exp.
2d ago
₹5
Lakhs
6
years
exp.
1w ago
₹5.1
Lakhs
3
years
exp.
2w ago
₹4.6
Lakhs
7
years
exp.
2w ago
₹2.8
Lakhs
4
years
exp.
2w ago
5
years
exp.
2w ago
8
years
exp.
3w ago
6
years
exp.
3w ago
8
years
exp.
4w ago
6
years
exp.
SBI Life Insurance Company BDM salaries by
| Years of experience | Avg. annual salary |
|---|---|
| 2 years (9 salaries) |
₹1.9
L/yr
- ₹5.1
L/yr
|
| 3 years (16 salaries) |
₹2.2
L/yr
- ₹5.1
L/yr
|
Login to view exact salary
| |
| 4 years (16 salaries) |
₹2.8
L/yr
- ₹5.5
L/yr
|
| 5 years (41 salaries) |
₹2.8
L/yr
- ₹5.5
L/yr
|
| 6 years (22 salaries) |
₹2.8
L/yr
- ₹6
L/yr
|
View all salaries by experience
Similar Designation Salaries at SBI Life Insurance Company
| Similar Designation | Avg. annual salary |
|---|---|
Senior Associate Salary
(540 salaries)
| ₹2.1 L/yr - ₹7 L/yr |
Area Manager Salary
(219 salaries)
| ₹5.1 L/yr - ₹15 L/yr |
Login to view exact salary
| |
Business Development Executive Salary
(173 salaries)
| ₹2 L/yr - ₹4.7 L/yr |
Associate Vice President Salary
(141 salaries)
| ₹10 L/yr - ₹40 L/yr |
Operations Associate Salary
(111 salaries)
| ₹1.5 L/yr - ₹4.5 L/yr |
View more similar designations
Top trending discussions
View All
Salary Discussions, Hike & Promotions
1w
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!
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Salary related reviews for SBI Life Insurance Company
SBI Life Insurance Company BDM Salary FAQs
What is the salary of BDM at SBI Life Insurance Company ?
The average salary of a BDM at SBI Life Insurance Company in India typically ranges from ₹1.9 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 2 years to 10 years).
The top 10% of BDM at SBI Life Insurance Company earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹6.2 Lakhs per year. BDM 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 100+ SBI Life Insurance Company employees in India.
The top 10% of BDM at SBI Life Insurance Company earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹6.2 Lakhs per year. BDM 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 100+ SBI Life Insurance Company employees in India.
What is the estimated take home salary of a BDM at SBI Life Insurance Company in India?
The estimated take-home salary of a BDM at SBI Life Insurance Company in India typically ranges from ₹33,988 to ₹35,243 per month. This is based on the average salary range of
₹1.9 Lakhs to ₹6.5 Lakhs
per year for employees with experience ranging from 2 years to 10 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 100+ 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 BDM in India?
| Kotak Mahindara Life Insurance | ₹4.5 Lakhs to ₹10.2 Lakhs per year |
| Bajaj Allianz General Insurance | ₹4.0 Lakhs to ₹6.8 Lakhs per year |
| Axis Max Life Insurance | ₹3.5 Lakhs to ₹7.2 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 BDM in companies similar to SBI Life Insurance Company in India?
The salary of a BDM 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:
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Aditya Birla Health Insurance Co | ₹4.3 Lakhs to ₹5.5 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹3.4 Lakhs to ₹5.2 Lakhs per year |
| Aditya Birla Sun Life Insurance | ₹3.0 Lakhs to ₹5.8 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹1.9 Lakhs to ₹6.5 Lakhs per year |
| Shriram Life Insurance | ₹2.2 Lakhs to ₹6.2 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 BDM at SBI Life Insurance Company in India?
The salary growth for a BDM at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a BDM can expect the following growth trajectory at SBI Life Insurance Company:
and so on.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹1.9 Lakhs to ₹5.1 Lakhs per year |
| 3 years | ₹2.2 Lakhs to ₹5.1 Lakhs per year |
| 4 years | ₹2.8 Lakhs to ₹5.5 Lakhs per year |
| 5 years | ₹2.8 Lakhs to ₹5.5 Lakhs per year |
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SBI Life Insurance Company BDM Salaries by Location
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SBI Life Insurance Company BDM salary
in
India
ranges between ₹1.9
Lakh to ₹6.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
182
SBI Life Insurance Company latest salaries received from various employees of
SBI Life Insurance Company.