SBI Life Insurance Company Bhopal Area Manager Salaries by 10+ Employees (Updated 2025)

10 - 17 years exp.

₹6.5 Lakhs - ₹13 Lakhs

Salary of majority employees

17% less than the average Area Manager Salary in Insurance Companies for 10 - 17 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 10 - 14 years exp. (7 salaries)	₹6.5 L/yr - ₹11.5 L/yr
Login to view exact salary
Sales & Business Development Area Manager Salary 11 years exp. (AmbitionBox Estimate)	₹7.3 L/yr - ₹11.1 L/yr

Last Updated: 5 Jun 2024

Companies similar to SBI Life Insurance Company for Area Manager in Bhopal

SBI Life Insurance Company Area Manager Salary

10 - 17 years exp. (11 salaries)

₹6.5 L/yr - ₹13 L/yr

Company name	Avg Annual Salary	Open Jobs
Max Life Insurance Area Manager Salary 5 - 16 years exp. (6 salaries)	₹7.5 L/yr - ₹12 L/yr 6% less	5 job openings
Bajaj Allianz Life Insurance Area Manager Salary 5 - 15 years exp. (5 salaries)	₹6.2 L/yr - ₹11 L/yr 10% more
Login to view exact salary
Aviva Life Insurance India Area Manager Salary 10 - 12 years exp. (3 salaries)	₹9.1 L/yr - ₹13.5 L/yr 30% more
ICICI Lombard General Insurance Company Area Manager Salary 10 - 17 years exp. (4 salaries)	₹9.2 L/yr - ₹18.8 L/yr 37% more
Tractors and Farm Equipment Area Manager Salary 10 - 16 years exp. (12 salaries)	₹11.5 L/yr - ₹16 L/yr 66% more

Area Manager salary at SBI Life Insurance Company ranges between ₹6.5 Lakhs to ₹13 Lakhs per year for employees with experience between 10 years to 17 years. Salary estimates are based on 11 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Area Manager salaries in Bhopal

Last Updated: 5 Jun 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹14.7 L/yr
11 years (3 salaries)	₹7.3 L/yr - ₹15.1 L/yr
Login to view exact salary
12 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹15.6 L/yr
13 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.3 L/yr
14 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹11.5 L/yr
15+ years (AmbitionBox Estimate)	₹8.6 L/yr - ₹13 L/yr

View all

From

Area Manager

₹

Lakhs/yr

6 - 18 years exp.

Zonal Area Manager

₹

Lakhs/yr

12 - 21 years exp.

Area Manager 6 - 18 years exp.

Senior Area Manager 12 - 21 years exp.

62% hike

Zonal Area Manager 12 - 21 years exp.

51% 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.

Similar Designation salaries in SBI Life Insurance Company

BDM Salary

(3 salaries)

₹4.1 L/yr - ₹5.6 L/yr

Top skills at SBI Life Insurance Company for Area Manager

Business Development Area Management Sales Team Management Channel Partners ICF Service Level Target Achievement Sales Planning Relationship Management Retail Communication Skills Corporate Sales Sales Analysis Team Building

Salary related reviews for SBI Life Insurance Company

3.2

Rated by 3 employees for salary & benefits

Area Manager in Jalgaon

Sales & Business Development Department

4.0

• posted on 03 Apr 2021

5.0

for Salary and Benefits

Likes

Company is Good in industry. Management always try to give comfort to their employees so that Employee can work Whole heartily. Company always adjust their employees with their performances and allows to change their job profile if some one not performed.

Salary - Excellent

+6 more

Dislikes

I don't think so that there is anything which can be dislike... Bcz every company will demand output against compensation given to Employee.

Business Development Manager in Deoghar

Full Time

Marketing & Communication Department

5.0

• posted on 30 Jan 2025

2.0

for Salary and Benefits

Likes

Very good policy, good Behaviour from all senior Management.

Skill development - Good

+3 more

Dislikes

I am working from last 8 year but my salary is very low. If someone working is in other companies and they switched from there to here they are getting good CTC. If you are working in good location and if your assign branch and branch manager is good so you can get promotion but if you not working in good location or your assign branch is not good it's very deficit to get promotion.

Salary - Poor

Area Sales Manager in Vijayawada

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 05 Aug 2023

5.0

for Salary and Benefits

Likes

I am so Proud to say Working this organisation last 4years. i got a two promotions last two years.

Salary - Excellent

+6 more

Dislikes

I expecting Long time Vintage Employes Expect Minimum Salary hike. because Now a days out side companies giving a more salary hikes Vintage persons so Our Company giving a minimum hikes of Vintage Employes it will so benefit and no one live Our Company.

Business Development Executive in Gangtok

Full Time

Marketing & Communication Department

4.0

• posted on 13 Sep 2023

5.0

for Salary and Benefits

Likes

very good company with good oppurtunities and good pay

Salary - Excellent

+4 more

Dislikes

management is not so good,specially our managers always threatning for resign and salary hold.company needs to fix this kind of problems for their employee to work with full motivation

Job security - Poor

Business Development Manager in Rajkot

Full Time

Sales & Business Development Department

3.0

• posted on 01 Feb 2023

2.0

for Salary and Benefits

Likes

Company culture is very bad only pressure nothing or

Dislikes

Official working days me bhi office bulate hain aur bill pay nahi karte hain personal life jaish kuchh nahi rehta hain aur morning 7:00am zoom start kar dete hain

Salary - Poor

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

Got a question about SBI Life Insurance Company?

Ask anonymously on communities.

SBI Life Insurance Company Area Manager Salary FAQs

What is the salary of Area Manager at SBI Life Insurance Company Bhopal?

Area Manager salary at SBI Life Insurance Company in Bhopal ranges between ₹6.5 Lakhs to ₹13.0 Lakhs for experience between 10 years to 17 years. According to our estimates it is 17% less than the average Area Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of SBI Life Insurance Company Bhopal.

How does the salary of a Area Manager at SBI Life Insurance Company Bhopal compare with the average salary range for this job?

The average salary of a Area Manager at SBI Life Insurance Company is 17% less than the average salary of a Area Manager in Bhopal. To know exact salary insights, login to view.

What are the top skills required to work as a Area Manager at SBI Life Insurance Company?

Business Development, Area Management, Sales, Team Management and Channel Partners are some of the popular skills required to work as a Area Manager at SBI Life Insurance Company Bhopal.

Which similar companies are paying more than SBI Life Insurance Company to a Area Manager in Bhopal?

Tractors and Farm Equipment Area Manager Salary - ₹11.5 Lakhs to ₹16.0 Lakhs per year
ICICI Lombard General Insurance Company Area Manager Salary - ₹9.2 Lakhs to ₹18.8 Lakhs per year
Aviva Life Insurance India Area Manager Salary - ₹9.1 Lakhs to ₹13.5 Lakhs per year
Bajaj Allianz Life Insurance Area Manager Salary - ₹6.2 Lakhs to ₹11.0 Lakhs per year

What is the salary of a Area Manager in companies similar to SBI Life Insurance Company in Bhopal?

Max Life Insurance Area Manager Salary - ₹7.5 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Area Manager at SBI Life Insurance Company in Bhopal?

The estimated take-home salary of a Area Manager at SBI Life Insurance Company ranges between ₹63,341 per month to ₹64,953 per month in Bhopal. The take-home salary calculation is based on the average SBI Life Insurance Company Area Manager salary in India which ranges between ₹6.5 Lakhs to ₹13.0 Lakhs per year for employees with experience between 10 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at SBI Life Insurance Company in Bhopal?

According to AmbitionBox, 100% of the SBI Life Insurance Company Area Managers in Bhopal reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
SBI Life Insurance Company Salaries >
SBI Life Insurance Company Area Manager Salaries >
SBI Life Insurance Company Area Manager Salaries in Bhopal

SBI Life Insurance Company Area Manager salary in Bhopal ranges between ₹6.5 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.