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SBI Life Insurance Company Zonal Area Manager salaries in India (Updated 2025)

Annual salary range
14 - 21 years exp.
₹13.1 Lakhs - ₹36 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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13% more than the average Zonal Area Manager Salary in Insurance Companies for 14 - 21 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Zonal Area Manager Salary
14 - 20 years exp. (32 salaries)
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₹14.4 L/yr - ₹36 L/yr

Sales & Business Development
Zonal Area Manager Salary
14 - 21 years exp. (13 salaries)
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₹15.5 L/yr - ₹35 L/yr

Marketing & Communication
Zonal Area Manager Salary
15 - 17 years exp. (7 salaries)
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₹15 L/yr - ₹34 L/yr

Customer Success, Service & Operations
Zonal Area Manager Salary
18 - 21 years exp. (3 salaries)
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₹22 L/yr - ₹25 L/yr

Strategic & Top Management
Zonal Area Manager Salary
15 - 16 years exp. (AmbitionBox Estimate)
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₹13.1 L/yr - ₹23.1 L/yr

Last Updated: 5 Apr 2025

Companies similar to SBI Life Insurance Company for Zonal Area Manager

Company name Avg Annual Salary Open Jobs
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Indus Towers Zonal Area Manager Salary

13 - 23 years exp. (3 salaries)

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₹12.1 L/yr - ₹13.1 L/yr

arrow icon 42% less
Zonal Area Manager salary at SBI Life Insurance Company ranges between ₹13.1 Lakhs to ₹36 Lakhs per year for employees with experience between 14 years to 21 years. Salary estimates are based on 64 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Zonal Area Manager

1d ago
₹22 Lakhs
19 years exp.
3w ago
₹20.3 Lakhs
17 years exp.
4w ago
₹25 Lakhs
20 years exp.
4w ago
₹27.9 Lakhs
17 years exp.
1mo ago
₹19.5 Lakhs
15 years exp.
1mo ago
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17 years exp.
2mo ago
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18 years exp.
4mo ago
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18 years exp.
5mo ago
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17 years exp.
5mo ago
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18 years exp.

Experience wise SBI Life Insurance Company Zonal Area Manager salaries

Last Updated: 5 Apr 2025

Experience Avg Annual Salary
14 years  (5 salaries)

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₹14 L/yr - ₹35.8 L/yr
15+ years  (59 salaries)

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₹13.1 L/yr - ₹36 L/yr

Similar Designation salaries in SBI Life Insurance Company

Zonal Manager Salary
(10 salaries)
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₹17 L/yr - ₹23 L/yr
Area Manager Salary
(246 salaries)
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₹5.4 L/yr - ₹14.5 L/yr
Sales Manager Salary
(86 salaries)
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₹1.2 L/yr - ₹5.6 L/yr
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₹3.75 L/yr - ₹13.5 L/yr
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₹3.5 L/yr - ₹5.25 L/yr
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₹30 L/yr - ₹39.09 L/yr
Branch Manager Salary
(171 salaries)
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₹6.5 L/yr - ₹15.7 L/yr
Chief Manager Salary
(4 salaries)
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₹17 L/yr - ₹40 L/yr
Territory Manager Salary
(110 salaries)
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₹4 L/yr - ₹7.1 L/yr
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₹5 L/yr - ₹14.25 L/yr

Salary related reviews for SBI Life Insurance Company

3.0

Rated by 13 employees for salary & benefits

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.

read more

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.

read more
  • 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.

read more

BFSI, Investments & Trading Department

3.0
  •  posted on 18 Jun 2020

3.0
 for  Salary and Benefits

Likes

Salary hike 3 to 5 % per year.Providing petrol exp and telephone exp based on cader.

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Dislikes

Lot of politics, no HR Control , career growth is slow, induction training will not conducted in proper time. No value and respect for out Commer. High volume pressure on target and mental irritation. No any value addition from reporting manager.

read more
  • Job security - Bad
  • +4 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.

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  • 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.

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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 Zonal Area Manager Salary FAQs

What is the salary of Zonal Area Manager at SBI Life Insurance Company ?
The average salary of a Zonal Area Manager at SBI Life Insurance Company in India typically ranges from ₹13.1 Lakhs to ₹36.0 Lakhs per year, depending on experience (from 14 years to 21 years).

The top 10% of Zonal Area Manager at SBI Life Insurance Company earn more than ₹27.5 Lakhs per year, and the top 1% earn over ₹35.9 Lakhs per year. Zonal Area Manager Salaries at SBI Life Insurance Company 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 60+ SBI Life Insurance Company employees in India.
What is the estimated take home salary of a Zonal Area Manager at SBI Life Insurance Company in India?
The estimated take-home salary of a Zonal Area Manager at SBI Life Insurance Company in India typically ranges from ₹1,41,232 to ₹1,46,481 per month. This is based on the average salary range of ₹13.1 Lakhs to ₹36.0 Lakhs per year for employees with experience ranging from 14 years to 21 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 60+ salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Zonal Area Manager in companies similar to SBI Life Insurance Company in India?
The salary of a Zonal Area Manager at companies similar to SBI Life Insurance Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Indus Towers ₹12.1 Lakhs to ₹13.1 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 Zonal Area Manager at SBI Life Insurance Company in India?
The salary growth for a Zonal Area Manager at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Zonal Area Manager can expect the following growth trajectory at SBI Life Insurance Company:

Experience Average Salary Range
14 years ₹14.0 Lakhs to ₹35.8 Lakhs per year
15 years ₹13.1 Lakhs to ₹36.0 Lakhs per year
and so on.

Tell us how to improve this page.

SBI Life Insurance Company Zonal Area Manager salary in India ranges between ₹13.1 Lakhs to ₹36 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 64 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.