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SBI Life Insurance Company Sr BDM salaries in India with 5 - 13 years exp.

Avg. annual salary

5.5 Lakhs info icon
(₹3.5 L/yr - ₹8.6 L/yr)

Monthly in-hand salary

41,888 - ₹ 43,025 info icon

32% less than the average Sr BDM Salary in Insurance Companies for 5 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Sr BDM Salary
5 - 13 years exp. (56 salaries)
5.7 Lakhs

₹3.5 L/yr - ₹7.7 L/yr

Sales & Business Development
Sr BDM Salary
5 - 13 years exp. (45 salaries)
6.3 Lakhs

₹4 L/yr - ₹7.5 L/yr

Marketing & Communication
Sr BDM Salary
6 - 11 years exp. (11 salaries)
6 Lakhs

₹4.5 L/yr - ₹8.5 L/yr

Customer Success, Service & Operations
Sr BDM Salary
6 - 11 years exp. (9 salaries)
5.2 Lakhs

₹4 L/yr - ₹7 L/yr

Finance & Accounting
Sr BDM Salary
5 - 9 years exp. (7 salaries)
4.8 Lakhs

₹3.5 L/yr - ₹6.4 L/yr

Last Updated: 17 Jul 2024

Personalize below salary insights based on your work experience. Add your work exp.

Companies similar to SBI Life Insurance Company for Sr BDM

Company name Avg Annual Salary Open Jobs
4.2 Lakhs

₹4 L/yr - ₹4.5 L/yr

arrow icon 24% less
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HDFC Life Sr BDM Salary

2 - 13 years exp. (4 salaries)

3.3 Lakhs

₹3.2 L/yr - ₹4 L/yr

arrow icon 40% less
Logo
Max Life Insurance Sr BDM Salary

9 - 17 years exp. (4 salaries)

7.2 Lakhs

₹6 L/yr - ₹7.8 L/yr

arrow icon 31% more
Logo
Bajaj Allianz Life Insurance Sr BDM Salary

2 - 19 years exp. (42 salaries)

4.4 Lakhs

₹4 L/yr - ₹5 L/yr

arrow icon 20% less
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Reliance Nippon Life Insurance Sr BDM Salary

3 - 11 years exp. (4 salaries)

5 Lakhs

₹4.3 L/yr - ₹6.6 L/yr

arrow icon 10% less
11.3 Lakhs

₹10.3 L/yr - ₹12 L/yr

arrow icon 104% more
Logo
SBI General Insurance Sr BDM Salary

5 - 11 years exp. (23 salaries)

4.9 Lakhs

₹3.8 L/yr - ₹6.2 L/yr

arrow icon 11% less
5.2 Lakhs

₹4 L/yr - ₹9 L/yr

arrow icon 6% less
8.5 Lakhs

₹7 L/yr - ₹9.5 L/yr

arrow icon 53% more
Average SBI Life Insurance Company Sr BDM salary in India is ₹5.5 Lakhs per year for employees with experience between 5 years to 13 years. Sr BDM salary at SBI Life Insurance Company ranges between ₹3.5 Lakhs to ₹8.6 Lakhs per year. Salary estimates are based on 179 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Sr BDM

2d ago
6 Lakhs
10 years exp.
1w ago
6.6 Lakhs
7 years exp.
2w ago
6 Lakhs
11 years exp.
2w ago
7 Lakhs
13 years exp.
2w ago
5.2 Lakhs
10 years exp.
3w ago
7 Lakhs
8 years exp.
3w ago
5.5 Lakhs
13 years exp.
4w ago
7.7 Lakhs
13 years exp.
4w ago
6 Lakhs
9 years exp.
4w ago
4.5 Lakhs
8 years exp.

Experience wise SBI Life Insurance Company Sr BDM salaries

Last Updated: 17 Jul 2024

Experience Avg Annual Salary
5 years (19 salaries)

5.3 Lakhs

(₹3.9 L/yr - ₹7 L/yr)
6 years (21 salaries)

5.3 Lakhs

(₹3.5 L/yr - ₹6.6 L/yr)
7 years (32 salaries)

5.4 Lakhs

(₹4.1 L/yr - ₹7.5 L/yr)
8 years (29 salaries)

5.5 Lakhs

(₹3.5 L/yr - ₹7.5 L/yr)
9 years (23 salaries)

5.5 Lakhs

(₹3.5 L/yr - ₹7.6 L/yr)
View all

Salary related reviews for SBI Life Insurance Company

3.7 Rated by 41 employees for salary and benefits

Sr BDM in Daryaganj

Full Time

 · 

Marketing & Communication Department

4.0
posted on 28 Jun 2022

4.0 for Salary and Benefits

Likes

...al alliance. The manager are not supportive everything you have to do your own . Always threatened you have bad impression how can you survive you are not justifying your salary mentally torcher . Regional Head and Zonal Manager are also not supportive . Process are not organised . Called everyday evening to harash people.

read more

Dislikes

Overall growth wise it's good company to grow and to earn but management is not goot . In my specific relationship almost 15 people resigned in 3 yrs . Pressure is too much no support. Management is also not supportive . You have to do of your own. They play with brand only .

read more

Sr BDM in Ahmedabad

Banca sales Department

1.0
posted on 20 Mar 2018

1.0 for Salary and Benefits

Likes

Nothing

Dislikes

...ot atall concerned about ethical values. This company has Lowest infrastructure. Compensation is lowest amongst industry. Working system and process is pathetic. Learning module is weak. Only favorism and Partiality is in the senior's blood

read more

Sales Support Associate in Kishanganj

Full Time

 · 

BFSI, Investments & Trading Department

3.0
posted on 17 Jan 2024

1.0 for Salary and Benefits

Likes

Even though the salary in this company is very less as per the work, the salary is paid on time.

read more

Dislikes

In today's times, it is important to work to support my family properly, hence I give my 100% to this company so that someday my salary will increase but after working for more than 1 year, I am realizing that It is very difficult to move forward, here we have to work till late night due to which we are not able to give time to our family, and even after doing so much work, we get very low salary so that I cannot support my family properly. I don't know how to do it, even after working for more than 14 hours every day, I don't get any bonus also.

read more

Development Manager in Jhargram

Full Time

 · 

BFSI, Investments & Trading Department

2.0
posted on 18 Oct 2023

1.0 for Salary and Benefits

Likes

...R profile like a puppet.Every single decesion are managed by higher authorities. No work and life balance, salary are on time but no increment very pathetic salary structure. No self respect. No work time. No emotion . Daily pressure. Vary vary bad 😭

read more

Dislikes

Every thing Accept salary on time

Development Manager in Kolhapur

Full Time

 · 

Sales & Business Development Department

3.0
posted on 23 Mar 2024

2.0 for Salary and Benefits

Likes

SBI LIFE company one of d best Lerner and advance business development company. I learnt about recruitment, business development, product knowledge, proper training, market identification, prospect screening everything... This base given me stronger now make my leadership skills, culture is very good, supportive operation staff, digital marketing services also digital payment security is one of d best function. I like learning, build relationships with my team, products and culture.

read more

Dislikes

It's issue about low salary, holiday weekend not allowed, some seniors behaviour very rude and harrasment. Company HR not responded after leaving job, some manager HR not understanding what is situation about employee. Very badly speak in front of our team, ts hurt.

read more
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SBI Life Insurance Company Sr BDM Salary FAQs

What is the salary of Sr BDM at SBI Life Insurance Company?
Average SBI Life Insurance Company Sr BDM salary in India is ₹5.5 Lakhs for experience between 5 years to 13 years. Sr BDM salary at SBI Life Insurance Company India ranges between ₹3.5 Lakhs to ₹8.6 Lakhs. According to our estimates it is 32% less than the average Sr BDM Salary in India. Salary estimates are based on 179 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Sr BDM at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Sr BDM at SBI Life Insurance Company is ₹5.5 Lakhs per year which is 32% less than average salary of a Sr BDM in India which receives a salary of ₹8.1 Lakhs per year.
Which similar companies are paying more than SBI Life Insurance Company to a Sr BDM in India?
  • Aditya Birla Sun Life Insurance Sr BDM Salary - 11.3 Lakhs per year
  • Cholamandalam MS General Insurance Sr BDM Salary - 8.5 Lakhs per year
  • Max Life Insurance Sr BDM Salary - 7.2 Lakhs per year
What is the salary of a Sr BDM in companies similar to SBI Life Insurance Company in India?
  • ICICI Lombard General Insurance Company Sr BDM Salary - 5.2 Lakhs per year
  • Reliance Nippon Life Insurance Sr BDM Salary - 5.0 Lakhs per year
  • SBI General Insurance Sr BDM Salary - 4.9 Lakhs per year
  • Bajaj Allianz Life Insurance Sr BDM Salary - 4.4 Lakhs per year
  • ICICI Prudential Life Insurance Sr BDM Salary - 4.2 Lakhs per year
What is the estimated take home salary of a Sr BDM at SBI Life Insurance Company in India?
The estimated take home salary of a Sr BDM at SBI Life Insurance Company ranges between ₹41,888 per month to ₹43,025 per month in India. The take home salary calculation is based on the average SBI Life Insurance Company Sr BDM salary in India which is ₹5.5 Lakhs per year for employees with experience between 5 years to 13 years Check how did we calculate take home salary?
What is the notice period for Sr BDM at SBI Life Insurance Company?
According to AmbitionBox, 46% of the SBI Life Insurance Company Sr BDMs reported a notice period of 1 Month, 38% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 171 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Sr BDM salary in India ranges between ₹₹3.5 Lakhs to ₹₹8.6 Lakhs with an average annual salary of ₹₹5.5 Lakhs. Salary estimates are based on 179 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.