SBI Life Insurance Company Zonal Manager Salaries by 10 Employees (Updated 2025)

12 - 19 years exp.

₹11.7 Lakhs - ₹23 Lakhs

Low Confidence

Salary of majority employees

18% more than the average Zonal Manager Salary in Insurance Companies for 12 - 19 years of experience

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Salaries in different departments

Sales & Business Development Zonal Manager Salary 15 - 19 years exp. (5 salaries)	₹17 L/yr - ₹23 L/yr
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BFSI, Investments & Trading Zonal Manager Salary 17 - 18 years exp. (AmbitionBox Estimate)	₹15.5 L/yr - ₹21 L/yr

Last Updated: 6 Dec 2024

Companies similar to SBI Life Insurance Company for Zonal Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Zonal Manager Salary 4 - 17 years exp. (7 salaries)	₹7 L/yr - ₹22 L/yr 15% less
HDFC Life Zonal Manager Salary 10 - 12 years exp. (9 salaries)	₹10 L/yr - ₹22 L/yr 10% less
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Max Life Insurance Zonal Manager Salary 17 - 21 years exp. (9 salaries)	₹16.1 L/yr - ₹29.2 L/yr 29% more
Bajaj Allianz Life Insurance Zonal Manager Salary 14 - 22 years exp. (16 salaries)	₹17.4 L/yr - ₹37 L/yr 50% more
Reliance Nippon Life Insurance Zonal Manager Salary 14 - 23 years exp. (5 salaries)	₹18.4 L/yr - ₹37 L/yr 71% more
Aditya Birla Sun Life Insurance Zonal Manager Salary 10 - 14 years exp. (4 salaries)	₹21.2 L/yr - ₹36 L/yr 77% more
PNB MetLife Zonal Manager Salary 20 years exp. (3 salaries)	₹15.5 L/yr - ₹38 L/yr 63% more
Life Insurance Corporation of India Zonal Manager Salary 25 - 33 years exp. (3 salaries)	₹9 L/yr - ₹20.2 L/yr 3% more
Shriram Life Insurance Zonal Manager Salary 15 - 26 years exp. (10 salaries)	₹11.1 L/yr - ₹20 L/yr 12% less
Aditya Birla Health Insurance Co Zonal Manager Salary 10 - 20 years exp. (7 salaries)	₹13 L/yr - ₹31 L/yr 23% more
Star Health & Allied Insurance Zonal Manager Salary 19 - 23 years exp. (4 salaries)	₹24.1 L/yr - ₹39 L/yr 70% more
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ICICI Lombard General Insurance Company Zonal Manager Salary 15 - 20 years exp. (4 salaries)	₹21.9 L/yr - ₹24 L/yr 23% more
Bajaj Allianz General Insurance Zonal Manager Salary 12 - 19 years exp. (4 salaries)	₹16 L/yr - ₹23 L/yr 6% less	1 job opening

Zonal Manager salary at SBI Life Insurance Company ranges between ₹11.7 Lakhs to ₹23 Lakhs per year for employees with experience between 12 years to 19 years. Salary estimates are based on 10 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Zonal Manager salaries

Last Updated: 6 Dec 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹29.6 L/yr
13 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.4 L/yr
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14 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.8 L/yr
15+ years (9 salaries)	₹17 L/yr - ₹23 L/yr

Similar Designation salaries in SBI Life Insurance Company

Regional Manager Salary

(6 salaries)

₹30 L/yr - ₹39.09 L/yr

General Manager Salary

(AmbitionBox Estimate)

₹0.5 L/yr - ₹0.6 L/yr

Sales Manager Salary

(83 salaries)

₹1.2 L/yr - ₹5.6 L/yr

Zonal Sales Manager Salary

(7 salaries)

₹18 L/yr - ₹30 L/yr

Zonal Head Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Deputy Manager Salary

(38 salaries)

₹2.5 L/yr - ₹10 L/yr

Cluster Manager Salary

(5 salaries)

₹3.5 L/yr - ₹5.25 L/yr

Business Manager Salary

(27 salaries)

₹5.1 L/yr - ₹8.5 L/yr

Area Sales Manager Salary

(17 salaries)

₹3.75 L/yr - ₹13.5 L/yr

Senior Sales Manager Salary

(4 salaries)

₹3.4 L/yr - ₹4.5 L/yr

Salary related reviews for SBI Life Insurance Company

3.6

Rated by 2 employees for salary & benefits

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 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

Senior Business Development Manager in Katni

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Apr 2022

2.0

for Salary and Benefits

Likes

Best brand in insurance sector..well known..

Skill development - Good

+4 more

Dislikes

Salary is low as per targets given by company..incentives are good but company has to think for good salary as well.. Products is not up to the mark as per market competition.

Salary - Poor

Business Development Manager in Jaipur

Full Time

Sels Department

5.0

• posted on 12 Apr 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

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Business Development Manager in Work Form Bank And Field

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 25 Sep 2023

1.0

for Salary and Benefits

Likes

Only Job Security,

Job security - Good

Dislikes

...hear from long time. Only due to not get any increment I have left the job..... You will hire new persons on higher package but you won't retain ur old employes on giving them some litter bit hike or increment. My humble request to you that plz take care of your old employes who are working on lower package or CTC, from long time...plz don't force them to leave the job due to lower Package... And plz start Rehiring. Lots of old employes are ready to work with sbilife Again.🙏

Salary - Bad

+3 more

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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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SBI Life Insurance Company Zonal Manager Salary FAQs

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

Zonal Manager salary at SBI Life Insurance Company in India ranges between ₹11.7 Lakhs to ₹23.0 Lakhs for experience between 12 years to 19 years. According to our estimates it is 18% more than the average Zonal Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of SBI Life Insurance Company India.

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

The average salary of a Zonal Manager at SBI Life Insurance Company is 18% more than the average salary of a Zonal Manager in India. To know exact salary insights, login to view.

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

Aditya Birla Sun Life Insurance Zonal Manager Salary - ₹21.2 Lakhs to ₹36.0 Lakhs per year
Reliance Nippon Life Insurance Zonal Manager Salary - ₹18.4 Lakhs to ₹37.0 Lakhs per year
Star Health & Allied Insurance Zonal Manager Salary - ₹24.1 Lakhs to ₹39.0 Lakhs per year
PNB MetLife Zonal Manager Salary - ₹15.5 Lakhs to ₹38.0 Lakhs per year
Bajaj Allianz Life Insurance Zonal Manager Salary - ₹17.4 Lakhs to ₹37.0 Lakhs per year

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

Max Life Insurance Zonal Manager Salary - ₹16.1 Lakhs to ₹29.2 Lakhs per year
ICICI Lombard General Insurance Company Zonal Manager Salary - ₹21.9 Lakhs to ₹24.0 Lakhs per year
Aditya Birla Health Insurance Co Zonal Manager Salary - ₹13.0 Lakhs to ₹31.0 Lakhs per year
Life Insurance Corporation of India Zonal Manager Salary - ₹9.0 Lakhs to ₹20.2 Lakhs per year
Bajaj Allianz General Insurance Zonal Manager Salary - ₹16.0 Lakhs to ₹23.0 Lakhs per year

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

The estimated take-home salary of a Zonal Manager at SBI Life Insurance Company ranges between ₹1,21,550 per month to ₹1,25,014 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Zonal Manager salary in India which ranges between ₹11.7 Lakhs to ₹23.0 Lakhs per year for employees with experience between 12 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Zonal Manager at SBI Life Insurance Company?

According to AmbitionBox, 62% of the SBI Life Insurance Company Zonal Managers reported a notice period of 3 Months, 23% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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SBI Life Insurance Company Zonal Manager Salaries by Location

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SBI Life Insurance Company Zonal Manager Salaries

SBI Life Insurance Company Zonal Manager salary in India ranges between ₹11.7 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.

SBI Life Insurance Company Zonal Manager salaries in India

Companies similar to SBI Life Insurance Company for Zonal Manager

Latest annual salaries shared by SBI Life Insurance Company Zonal Manager

Experience wise SBI Life Insurance Company Zonal Manager salaries

Similar Designation salaries in SBI Life Insurance Company

Salary related reviews for SBI Life Insurance Company

Area Sales Manager in Vijayawada

Business Development Manager in Rajkot

Senior Business Development Manager in Katni

Business Development Manager in Jaipur

Business Development Manager in Work Form Bank And Field

SBI Life Insurance Company Zonal Manager Salary FAQs

Tell us how to improve this page.

SBI Life Insurance Company Zonal Manager Salaries by Location