SBI Life Insurance

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SBI Life Insurance Salary in India (Updated 2025)

based on 59 latest salaries • updated: 3 Jan 2025
Select an experience to get the exact salary

Annual salary range

₹0.2 Lakh - ₹5 Lakhs

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SBI Life Insurance Salary in India ranges between ₹0.2 Lakh to ₹5 Lakhs for less than 1 year of experience to 9 years of experience. Salary estimates are based on 59 latest salaries received from... Read More

Latest annual salaries shared by SBI Life Insurances

3d ago

Ebixcash Global Services

SBI Life Insurance

5 months exp.

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2w ago

Quess

SBI Life Insurance

2 years exp.

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1mo ago

SBI Cards & Payment Services

SBI Life Insurance

6 years exp.

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1mo ago

SBI Life Insurance Company

SBI Life Insurance

6 years exp.

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1mo ago

SBI Life Insurance Company

SBI Life Insurance

2 years exp.

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2mo ago

Care Health Insurance

SBI Life Insurance

9 years exp.

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2mo ago

SBI Life Insurance Company

SBI Life Insurance

2 years exp.

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2mo ago

SBI Life Insurance Company

SBI Life Insurance

6 years exp.

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2mo ago

SBI Life Insurance Company

SBI Life Insurance

5 years exp.

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3mo ago

SBI General Insurance

SBI Life Insurance

6 years exp.

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View all latest salaries

SBI Life Insurance salaries by

Years of experience Avg. annual salary
Fresher
(8 salaries)
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₹0.1 L/yr - ₹3 L/yr

1 year
(9 salaries)
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₹0.2 L/yr - ₹3.6 L/yr

2 years
(14 salaries)
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₹1.4 L/yr - ₹12 L/yr

3 years
(4 salaries)
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₹1.8 L/yr - ₹3.5 L/yr

4 years
(5 salaries)
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₹1.2 L/yr - ₹5 L/yr

View all salaries by experience

SBI Life Insurance Jobs in India

SBI Life Insurance

· 0-5 years

Call 2 Connect

·
4.6
₹1.5 L/yr - ₹4.8 L/yr

Mumbai

View all SBI Life Insurance jobs

SBI Life Insurance Salary By Locations

Locations Avg. annual salary
Chennai
SBI Life Insurance
1 - 9 years exp.
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₹0.2 L/yr - ₹5.5 L/yr

Ranchi
SBI Life Insurance
3 - 7 years exp.
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₹2.2 L/yr - ₹3 L/yr

Hyderabad / Secunderabad
SBI Life Insurance
0 - 6 years exp.
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₹1.5 L/yr - ₹3.5 L/yr

Jaipur
SBI Life Insurance
1 - 2 years exp.
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₹0.2 L/yr - ₹12 L/yr

Srikakulam
SBI Life Insurance
4 - 6 years exp.
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₹4.1 L/yr - ₹4.1 L/yr

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SBI Life Insurance Salary By Industries

Industries Avg. annual salary

Financial Services

SBI Life Insurance
0 - 8 years exp.
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₹1.2 L/yr - ₹4.2 L/yr

Insurance

SBI Life Insurance
0 - 8 years exp.
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₹1.8 L/yr - ₹4.3 L/yr

IT Services & Consulting

SBI Life Insurance
0 - 2 years exp.
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₹0.1 L/yr - ₹3 L/yr

BPO

SBI Life Insurance
0 - 2 years exp.
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₹0.1 L/yr - ₹3.6 L/yr

Banking

SBI Life Insurance
2 - 4 years exp.
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₹1.2 L/yr - ₹1.8 L/yr

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Frequently Asked Questions (FAQS) about SBI Life Insurance Salaries

What is the salary of a SBI Life Insurance in India?
The salary of a SBI Life Insurance in India varies based on experience, location, company & Industry. On average, SBI Life Insurance salaries ranges from ₹0.2 Lakh to ₹5.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹0.2 Lakh to ₹5.0 Lakhs per year, with the highest salary reaching ₹1.4 Lakh to ₹3.5 Lakhs per year. Salary estimates are based on 59 salaries received from various SBI Life Insurances across industries.
What are the top paying cities for SBI Life Insurance in India?
The annual salary for SBI Life Insurance in India varies by location. Top paying cities for SBI Life Insurance are
SBI Life Insurance Salary in Chennai ₹0.2 Lakhs to ₹5.5 Lakhs per year
SBI Life Insurance Salary in Ranchi ₹2.2 Lakhs to ₹3.0 Lakhs per year
SBI Life Insurance Salary in Hyderabad / Secunderabad ₹1.5 Lakhs to ₹3.5 Lakhs per year
SBI Life Insurance Salary in Jaipur ₹0.2 Lakhs to ₹12.0 Lakhs per year
SBI Life Insurance Salary in Srikakulam ₹4.1 Lakhs to ₹4.1 Lakhs per year
Salary expectations for SBI Life Insurance may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for SBI Life Insurance in India?
Top 5 paying Industries for SBI Life Insurance in India are:
SBI Life Insurance Salary in Financial Services ₹1.2 Lakhs to ₹4.2 Lakhs per year
SBI Life Insurance Salary in Insurance ₹1.8 Lakhs to ₹4.3 Lakhs per year
SBI Life Insurance Salary in IT Services & Consulting ₹0.1 Lakhs to ₹3.0 Lakhs per year
SBI Life Insurance Salary in BPO ₹0.1 Lakhs to ₹3.6 Lakhs per year
SBI Life Insurance Salary in Banking ₹1.2 Lakhs to ₹1.8 Lakhs per year
What are the fresher salaries as SBI Life Insurance?
Fresher salaries for SBI Life Insurance in India typically range from ₹0.1 Lakhs to ₹3 Lakhs per year, depending on the company, location, and skill set. Fresher salaries are generally higher in IT Industry than in other Industries in India.
How does experience affect salaries of a SBI Life Insurance in India?
Experience significantly impacts a SBI Life Insurance salary in India. Salaries increase with experience, as SBI Life Insurance take on more complex tasks, responsibilities, and leadership roles. SBI Life Insurance salary at different experience level are as follows:
Experience Average Salary Range
Fresher ₹0.1 Lakhs to ₹3.0 Lakhs per year
1 year ₹0.2 Lakhs to ₹3.6 Lakhs per year
2 years ₹1.4 Lakhs to ₹12.0 Lakhs per year
3 years ₹1.8 Lakhs to ₹3.5 Lakhs per year
and so on.

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