SBI General Insurance Regional Manager Salaries by 5 Employees (Updated 2025)

10 - 15 years exp.

₹14.2 Lakhs - ₹25 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

17% more than the average Regional Manager Salary in Insurance Companies for 10 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Regional Manager Salary 11 - 13 years exp. (3 salaries)	₹12.8 L/yr - ₹15.6 L/yr
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Sales & Business Development Regional Manager Salary 10 years exp. (AmbitionBox Estimate)	₹15.5 L/yr - ₹19 L/yr

Last Updated: 26 Feb 2025

Companies similar to SBI General Insurance for Regional Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Regional Manager Salary 11 - 23 years exp. (104 salaries)	₹7 L/yr - ₹23 L/yr 9% less
ICICI Prudential Life Insurance Regional Manager Salary 15 - 22 years exp. (90 salaries)	₹12.3 L/yr - ₹35 L/yr 37% more
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Tata AIA Life Insurance Regional Manager Salary 9 - 19 years exp. (78 salaries)	₹5.3 L/yr - ₹16 L/yr 33% less	2 job openings
Axis Max Life Insurance Regional Manager Salary 11 - 21 years exp. (77 salaries)	₹7.6 L/yr - ₹27.6 L/yr 5% more
PNB MetLife Regional Manager Salary 15 - 20 years exp. (55 salaries)	₹14 L/yr - ₹26 L/yr 11% more
Reliance Nippon Life Insurance Regional Manager Salary 16 - 22 years exp. (42 salaries)	₹13 L/yr - ₹27 L/yr 25% more
Cholamandalam MS General Insurance Regional Manager Salary 12 - 21 years exp. (24 salaries)	₹12.7 L/yr - ₹24 L/yr 2% more
HDFC Life Regional Manager Salary 11 - 23 years exp. (18 salaries)	₹11.5 L/yr - ₹35.2 L/yr 18% more
Aditya Birla Sun Life Insurance Regional Manager Salary 10 - 25 years exp. (15 salaries)	₹14.1 L/yr - ₹38 L/yr 39% more
Shriram Life Insurance Regional Manager Salary 12 - 22 years exp. (12 salaries)	₹8 L/yr - ₹22 L/yr 12% less
Kotak Mahindara Life Insurance Regional Manager Salary 10 - 26 years exp. (12 salaries)	₹10.3 L/yr - ₹22 L/yr 10% less
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Star Union Dai-ichi Life Insurance Regional Manager Salary 17 - 22 years exp. (11 salaries)	₹17.5 L/yr - ₹29.5 L/yr 24% more
Star Health & Allied Insurance Regional Manager Salary 15 - 22 years exp. (10 salaries)	₹15.8 L/yr - ₹25.7 L/yr 8% more
ManipalCigna Health Insurance Regional Manager Salary 10 - 23 years exp. (10 salaries)	₹10.3 L/yr - ₹22 L/yr 4% less
SBI Life Insurance Company Regional Manager Salary 12 - 30 years exp. (8 salaries)	₹30 L/yr - ₹39.1 L/yr 102% more
United India Insurance Company Regional Manager Salary 29 - 33 years exp. (7 salaries)	₹9 L/yr - ₹34.4 L/yr 10% more
Royal Sundaram General Insurance Regional Manager Salary 12 - 17 years exp. (6 salaries)	₹18.8 L/yr - ₹21 L/yr 7% more
Aditya Birla Health Insurance Co Regional Manager Salary 10 - 22 years exp. (6 salaries)	₹18.6 L/yr - ₹45 L/yr 51% more
Allianz Partners Regional Manager Salary 10 - 19 years exp. (5 salaries)	₹4.6 L/yr - ₹13.3 L/yr 52% less
Aviva Life Insurance India Regional Manager Salary 14 - 18 years exp. (4 salaries)	₹17.7 L/yr - ₹21.4 L/yr 1% more

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Regional Manager salary at SBI General Insurance ranges between ₹14.2 Lakhs to ₹25 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Regional Manager salaries

Last Updated: 26 Feb 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹17.3 L/yr
11 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹27.1 L/yr
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12 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹30 L/yr
13 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹32.8 L/yr
14 years (AmbitionBox Estimate)	₹17.8 L/yr - ₹22.8 L/yr
15+ years (AmbitionBox Estimate)	₹8.6 L/yr - ₹25 L/yr

View all

Similar Designation salaries in SBI General Insurance

General Manager Salary

(AmbitionBox Estimate)

₹40.7 L/yr - ₹52 L/yr

Regional Head Salary

(AmbitionBox Estimate)

₹41 L/yr - ₹52.3 L/yr

Senior Sales Manager Salary

(14 salaries)

₹4.4 L/yr - ₹6.15 L/yr

Branch Manager Salary

(7 salaries)

₹6.5 L/yr - ₹10.5 L/yr

Area Manager Salary

(6 salaries)

₹8.98 L/yr - ₹15.2 L/yr

Relationship Manager Salary

(203 salaries)

₹1.75 L/yr - ₹6.6 L/yr

Deputy Manager Salary

(157 salaries)

₹4 L/yr - ₹9.7 L/yr

Business Manager Salary

(5 salaries)

₹4 L/yr - ₹15.1 L/yr

Area Sales Manager Salary

(90 salaries)

₹7.5 L/yr - ₹22 L/yr

Cluster Manager Salary

(37 salaries)

₹7 L/yr - ₹15.25 L/yr

Salary related reviews for SBI General Insurance

State Head in Hyderabad / Secunderabad (working remotely)

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 23 Jan 2025

2.0

for Salary and Benefits

Likes

All other channels other than Sbi relationship will enjoy work without pressure… they bring non profit no’s also ok for organisation

Job security - Good

Dislikes

Only sbi channel makes profits for organisation and get variable pay but this team will get only pressure and no motivation or opportunities in promotions

Salary - Poor

+3 more

Business Development Manager in Gorakhpur

Full Time

Business Development Department

2.0

• posted on 17 Sep 2022

2.0

for Salary and Benefits

Likes

Like you can say... Working with branch managers , can see yourself always professional . People will treat you like banker.

Job security - Good

Dislikes

No growth and promotion No good salary Not ethical practices followed. Your boss treat you like slave... Officially as per HR policy every Saturday is off... But you have to work on each Saturday as per your boss. Nothing to learn .

Salary - Poor

+4 more

Business Development Manager in Gorakhpur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Apr 2023

3.0

for Salary and Benefits

Likes

Salary on time. Banca channel target goes on auto mode if you have good relationship with managers.

Job security - Good

+1 more

Dislikes

Overloaded targets, terrible managers. Considering Insurance sectors, plenty of works in your working time.Unwanted VCs by senior that can disturb your work flow each day. Salary is very less compared to other companies.

Skill development - Bad

+2 more

Sales Manager in Gwalior

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 05 Jul 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Business Development Manager in Vijayawada

Full Time

Insurance Department

5.0

• posted on 07 Jun 2021

4.0

for Salary and Benefits

Likes

...agement is transparent.there is a huge cafeteria and gaming arcade for chilling. Company policies are good , appraisals are fair and they give good salary hike , incentives and bonus every year

Salary - Good

+6 more

see more salary related reviews

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What people are saying about SBI General Insurance

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miraculouslemon

works at

SBI General Insurance

Rejection profile by HR At shortlisted company.

Hii, I want to change the industry from BFSI to oil and and automobile. But Hr is not shortlisting me and if HR shortlist me than o don’t get shortlisted by concerned manager. even I have knowledge and work experience in particular industry. How can I crack this now.

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SBI General Insurance Regional Manager Salary FAQs

What is the salary of Regional Manager at SBI General Insurance ?

The average salary of a Regional Manager at SBI General Insurance in India typically ranges from ₹14.2 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 10 years to 15 years).

The top 10% of Regional Manager at SBI General Insurance earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Regional Manager Salaries at SBI General Insurance 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 5 SBI General Insurance employees in India.

What is the estimated take home salary of a Regional Manager at SBI General Insurance in India?

The estimated take-home salary of a Regional Manager at SBI General Insurance in India typically ranges from ₹1,18,563 to ₹1,21,884 per month. This is based on the average salary range of ₹14.2 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 10 years to 15 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 5 salaries received from various employees of SBI General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SBI General Insurance for Regional Manager in India?

SBI Life Insurance Company	₹30.0 Lakhs to ₹39.1 Lakhs per year
Aditya Birla Health Insurance Co	₹18.6 Lakhs to ₹45.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹14.1 Lakhs to ₹38.0 Lakhs per year
ICICI Prudential Life Insurance	₹12.3 Lakhs to ₹35.0 Lakhs per year
Reliance Nippon Life Insurance	₹13.0 Lakhs to ₹27.0 Lakhs per year

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

What is the salary of a Regional Manager in companies similar to SBI General Insurance in India?

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

Star Union Dai-ichi Life Insurance	₹17.5 Lakhs to ₹29.5 Lakhs per year
HDFC Life	₹11.5 Lakhs to ₹35.2 Lakhs per year
PNB MetLife	₹14.0 Lakhs to ₹26.0 Lakhs per year
United India Insurance Company	₹9.0 Lakhs to ₹34.4 Lakhs per year
Star Health & Allied Insurance	₹15.8 Lakhs to ₹25.7 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 Regional Manager at SBI General Insurance in India?

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

Experience	Average Salary Range
10 years	₹5.7 Lakhs to ₹17.3 Lakhs per year
11 years	₹14.2 Lakhs to ₹27.1 Lakhs per year
12 years	₹14.2 Lakhs to ₹30.0 Lakhs per year
13 years	₹14.2 Lakhs to ₹32.8 Lakhs per year

and so on.

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SBI General Insurance Regional Manager Salaries

SBI General Insurance Regional Manager salary in India ranges between ₹14.2 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SBI General Insurance latest salaries received from various employees of SBI General Insurance.