SBI
Annual salary range
₹2 Lakhs - ₹3 Lakhs
Low Confidence 
Low Confidence means the data is based on a small number of latest salaries.
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Experience
Department
Insurance
Location
SBI Salary in Insurance in India (Updated 2025)
based on 5
latest salaries
• updated:
7 Jan 2025
Select an experience to get the exact salary
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Salary of majority employees
Experience wise SBI salaries
| Years of experience | Avg. Annual Salary |
|---|---|
1
year
(1
salaries)
|  Unlock₹2.5 L/yr - ₹2.5 L/yr |
2
years
(2
salaries)
| Unlock ₹2 L/yr - ₹2.6 L/yr |
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| |
3
years
(1
salaries)
| Unlock ₹2.6 L/yr - ₹2.6 L/yr |
4
years
(1
salaries)
| Unlock ₹3 L/yr - ₹3 L/yr |
SBI Salary in
India ranges between ₹2
Lakhs to ₹3
Lakhs for
1 year of experience to 4 years of experience
. Salary estimates are based on
5 latest salaries received
from SBI.
See latest salaries
Latest annual salaries shared by SBIs
2d ago
Caliber Technologies
SBI
1 month exp.
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2d ago
SBI Kiosk Banking
SBI
1 year exp.
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2w ago
State Bank of India
SBI
1 year exp.
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2w ago
State Bank of India
SBI
3 years exp.
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3w ago
SBI Securities
SBI
1 year exp.
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3w ago
SBI Capital Markets
SBI
4 months exp.
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1mo ago
State Bank of India
SBI
9 months exp.
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1mo ago
SBI Payment Services
SBI
1 year exp.
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1mo ago
State Bank of India
SBI
3 years exp.
Unlock
1mo ago
SBI Cards & Payment Services
SBI
1 year exp.
Unlock View all latest salaries
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
1 -
3
yrs
exp.
(3 salaries)
|
₹2.5 L/yr - ₹2.6 L/yr | |
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| ||
|
2 -
4
yrs
exp.
(AmbitionBox Estimate)
|
₹2.3 L/yr - ₹2.9 L/yr | |
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SBI Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Hyderabad / Secunderabad
SBI
0 -
4
years
exp.
| Unlock ₹1 L/yr - ₹3.8 L/yr |
Bangalore / Bengaluru
SBI
0 -
4
years
exp.
| Unlock ₹1 L/yr - ₹4.5 L/yr |
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| |
New Delhi
SBI
0 -
2
years
exp.
| Unlock ₹0.4 L/yr - ₹3.5 L/yr |
Kolkata
SBI
0 -
5
years
exp.
| Unlock ₹0.1 L/yr - ₹5 L/yr |
Mumbai
SBI
1 -
3
years
exp.
| Unlock ₹0.5 L/yr - ₹3.8 L/yr |
View More
SBI Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
SBI
0 -
7
years
exp.
| Unlock ₹1.1 L/yr - ₹6.1 L/yr |
Banking
SBI
0 -
7
years
exp.
| Unlock ₹1 L/yr - ₹20 L/yr |
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| |
BPO
SBI
0 -
3
years
exp.
| Unlock ₹0.1 L/yr - ₹4.5 L/yr |
Recruitment
SBI
0 -
5
years
exp.
| Unlock ₹1 L/yr - ₹4 L/yr |
IT Services & Consulting
SBI
0 -
3
years
exp.
| Unlock ₹1.7 L/yr - ₹4.5 L/yr |
View More
Frequently Asked Questions about SBI Salaries
What is the salary of a SBI in Insurance companies?
Salary for a SBI in Insurance companies ranges between ₹2.0 Lakhs to ₹3.0 Lakhs per year. Salary estimates are based on 5 latest salaries received from various SBIs across industries.
What are the top paying companies that employ SBIs?
- State Bank of India SBI Salary - ₹4.5 Lakhs per year
- SBI Cards & Payment Services SBI Salary - ₹2.3 Lakhs per year
What is the starting salary for a SBI in Insurance companies?
Average starting Salary for SBI in Insurance companies is around ₹2.0 Lakhs per year (₹16.7k per month). 1 year of minimum experience is required to be a SBI.
What is the highest salary for a SBI in Insurance companies?
Highest salary that a SBI can earn in Insurance companies is ₹8.3 Lakhs per year (₹69.2k per month).
What are the top paying industries for SBI in India?
- IT Services & Consulting - ₹0.4 Lakhs to 80.0 Lakhs per year
- Banking - ₹0.3 Lakhs to 20.0 Lakhs per year
- Recruitment - ₹1.0 Lakhs to 4.5 Lakhs per year
- BPO - ₹0.1 Lakhs to 5.7 Lakhs per year
- Financial Services - ₹0.1 Lakhs to 8.2 Lakhs per year
What are the top paying cities for SBI in Insurance companies?
- Ganganagar - ₹2.5 Lakhs to 2.6 Lakhs per year
- Hyderabad / Secunderabad - ₹2.0 Lakhs to 3.0 Lakhs per year
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