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SBI Life Insurance Company Software Engineer salaries in India (Updated 2025)

Annual salary range
3 - 5 years exp.
₹6.5 Lakhs - ₹8.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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11% less than the average Software Engineer Salary in Insurance Companies for 3 - 5 years of experience

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Last Updated: 8 Mar 2025

Companies similar to SBI Life Insurance Company for Software Engineer

Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹8.2 L/yr

arrow icon 29% less
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HDFC Life Software Engineer Salary

1 - 8 years exp. (35 salaries)

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₹6.5 L/yr - ₹23 L/yr

arrow icon 73% more
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₹4.6 L/yr - ₹15 L/yr

arrow icon 45% more
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₹3.1 L/yr - ₹7.5 L/yr

arrow icon 40% less
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₹4 L/yr - ₹15 L/yr

arrow icon 41% more
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₹1 L/yr - ₹3.2 L/yr

arrow icon 59% less
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₹4.2 L/yr - ₹8 L/yr

arrow icon 16% less
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₹2 L/yr - ₹16 L/yr

arrow icon 17% less
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PNB MetLife Software Engineer Salary

3 - 12 years exp. (4 salaries)

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₹4.8 L/yr - ₹14 L/yr

arrow icon 25% more
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₹4.5 L/yr - ₹30 L/yr

arrow icon 113% more
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₹5.4 L/yr - ₹15 L/yr

arrow icon 75% more
1 job opening
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₹2.7 L/yr - ₹12.3 L/yr

At par
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₹6.4 L/yr - ₹14.5 L/yr

arrow icon 41% more
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₹2.3 L/yr - ₹10.2 L/yr

arrow icon 18% less
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Allianz Software Engineer Salary

1 - 5 years exp. (30 salaries)

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₹3 L/yr - ₹10 L/yr

arrow icon 26% less
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Gallagher Software Engineer Salary

2 - 4 years exp. (19 salaries)

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₹3.2 L/yr - ₹8 L/yr

arrow icon 23% less
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₹3 L/yr - ₹8.9 L/yr

arrow icon 2% less
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First American Title Software Engineer Salary

3 - 5 years exp. (12 salaries)

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₹6.6 L/yr - ₹11.5 L/yr

arrow icon 18% more
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MetLife Software Engineer Salary

1 - 9 years exp. (12 salaries)

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₹4 L/yr - ₹21.5 L/yr

arrow icon 63% more
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₹1.8 L/yr - ₹9.6 L/yr

arrow icon 16% less
View all
Software Engineer salary at SBI Life Insurance Company ranges between ₹6.5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 6 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Software Engineer

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Experience wise SBI Life Insurance Company Software Engineer salaries

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
3 years  (3 salaries)

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₹3.4 L/yr - ₹8.5 L/yr
4 years (AmbitionBox Estimate)

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₹7 L/yr - ₹13.3 L/yr
5 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹6.5 L/yr

Similar Designation salaries in SBI Life Insurance Company

System Engineer Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
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₹5 L/yr - ₹8 L/yr
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₹2.4 L/yr - ₹6 L/yr
Associate Software Engineer Salary
(AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.3 L/yr
Web Developer Salary
(5 salaries)
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₹1.8 L/yr - ₹4 L/yr
Salesforce Developer Salary
(AmbitionBox Estimate)
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₹8.6 L/yr - ₹11 L/yr
Java Developer Salary
(3 salaries)
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₹3 L/yr - ₹5.2 L/yr
Team Lead Salary
(15 salaries)
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₹2.3 L/yr - ₹6 L/yr
Senior Associate Salary
(538 salaries)
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₹2.3 L/yr - ₹6.75 L/yr
Senior Software Developer Salary
(AmbitionBox Estimate)
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₹10 L/yr - ₹12.8 L/yr
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Salary related reviews for SBI Life Insurance Company

-

Rated by 1 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 30 May 2022

3.0
 for  Salary and Benefits

Likes

Average work environment and culture . Teammates are supportive and the management is selfish. Company policies are bad . Appraisals not fair in this company.

read more
  • Job security - Good

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is very slow

read more
  • Work satisfaction - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 29 Apr 2018

3.0
 for  Salary and Benefits

Likes

Company is

  • Job security - Good
  • +1 more

Dislikes

Company is good but as per process of career growth, it is very slow. Company's salary structure is also not good. My salary is less than a person who is coming on my position which I had before 2 years

read more

BFSI, Investments & Trading Department

5.0
  •  posted on 29 Oct 2020

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 salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

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.

read more
  • Salary - Poor

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
  • Salary - Bad
  • +4 more
see more salary related reviews

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SBI Life Insurance Company Software Engineer Salary FAQs

What is the salary of Software Engineer at SBI Life Insurance Company?
Software Engineer salary at SBI Life Insurance Company in India ranges between ₹6.5 Lakhs to ₹8.5 Lakhs for experience between 3 years to 5 years. According to our estimates it is 11% less than the average Software Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of SBI Life Insurance Company India.
How does the salary of a Software Engineer at SBI Life Insurance Company India compare with the average salary range for this job?
The average salary of a Software Engineer at SBI Life Insurance Company is 11% less than the average salary of a Software Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Life Insurance Company to a Software Engineer in India?
  • Life Insurance Corporation of India Software Engineer Salary - ₹4.5 Lakhs to ₹30.0 Lakhs per year
  • Principal Global Services Software Engineer Salary - ₹5.4 Lakhs to ₹15.0 Lakhs per year
  • HDFC Life Software Engineer Salary - ₹6.5 Lakhs to ₹23.0 Lakhs per year
  • MetLife Software Engineer Salary - ₹4.0 Lakhs to ₹21.5 Lakhs per year
  • Axis Max Life Insurance Software Engineer Salary - ₹4.6 Lakhs to ₹15.0 Lakhs per year
What is the salary of a Software Engineer in companies similar to SBI Life Insurance Company in India?
  • ICICI Lombard General Insurance Company Software Engineer Salary - ₹6.4 Lakhs to ₹14.5 Lakhs per year
  • Kotak Mahindara Life Insurance Software Engineer Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
  • Marsh Software Engineer Salary - ₹5.0 Lakhs to ₹18.0 Lakhs per year
  • PNB MetLife Software Engineer Salary - ₹4.8 Lakhs to ₹14.0 Lakhs per year
  • First American Title Software Engineer Salary - ₹6.6 Lakhs to ₹11.5 Lakhs per year
What is the estimated take home salary of a Software Engineer at SBI Life Insurance Company in India?
The estimated take-home salary of a Software Engineer at SBI Life Insurance Company ranges between ₹55,382 per month to ₹56,768 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Software Engineer salary in India which ranges between ₹6.5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Software Engineer at SBI Life Insurance Company?
According to AmbitionBox, 100% of the SBI Life Insurance Company Software Engineers reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Software Engineer salary in India ranges between ₹6.5 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

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