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Annual salary range
2 - 9 years exp.
₹7.8
Lakhs - ₹14.5
Lakhs
Salary of majority employees
Avg. annual salary
Monthly In-hand Salary
Product Manager Salary at SBI Life Insurance Company ranges between ₹7.8 Lakhs to ₹14.5 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 15 latest salaries...
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50% less than the average Product Manager Salary in Insurance Companies for 2 - 9 years of experience
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Companies similar to SBI Life Insurance Company for Product Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Lombard General Insurance Company Product Manager Salary
1 - 8 years exp. (261 salaries) |  ₹6 L/yr - ₹23.9 L/yr 
35%
more | |
 HDFC Life Product Manager Salary
1 - 9 years exp. (88 salaries) | ₹6.5 L/yr - ₹20 L/yr
22%
more | |
Login to view exact salary
| ||
 ICICI Prudential Life Insurance Product Manager Salary
1 - 7 years exp. (37 salaries) | ₹7.9 L/yr - ₹19 L/yr
33%
more | |
 Axis Max Life Insurance Product Manager Salary
2 - 9 years exp. (27 salaries) | ₹7.2 L/yr - ₹30 L/yr
52%
more | 1 job opening |
 HDFC Ergo General Insurance Product Manager Salary
1 - 7 years exp. (27 salaries) | ₹13 L/yr - ₹21.4 L/yr
40%
more | |
 Kotak Mahindara Life Insurance Product Manager Salary
1 - 7 years exp. (26 salaries) | ₹6.4 L/yr - ₹25.3 L/yr
44%
more | 46 job openings |
 Star Health & Allied Insurance Product Manager Salary
4 - 8 years exp. (23 salaries) | ₹10.4 L/yr - ₹30.5 L/yr
58%
more | |
 Principal Global Services Product Manager Salary
5 - 14 years exp. (19 salaries) | ₹22 L/yr - ₹38 L/yr
162%
more | |
 Bajaj Allianz Life Insurance Product Manager Salary
0 - 12 years exp. (14 salaries) | ₹8.4 L/yr - ₹30 L/yr
83%
more | |
 Tata AIA Life Insurance Product Manager Salary
5 - 8 years exp. (12 salaries) | ₹10.4 L/yr - ₹32.1 L/yr
121%
more | |
 Bajaj Allianz General Insurance Product Manager Salary
1 - 6 years exp. (11 salaries) | ₹5 L/yr - ₹11.4 L/yr 
3%
less | |
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| ||
 Aditya Birla Sun Life Insurance Product Manager Salary
1 - 7 years exp. (7 salaries) | ₹10 L/yr - ₹16 L/yr
40%
more | |
 Aditya Birla Health Insurance Co Product Manager Salary
2 - 9 years exp. (7 salaries) | ₹9 L/yr - ₹25.5 L/yr
77%
more | |
 Reliance Nippon Life Insurance Product Manager Salary
5 - 7 years exp. (6 salaries) | ₹6 L/yr - ₹15 L/yr
15%
more | |
 MetLife Product Manager Salary
5 - 24 years exp. (4 salaries) | ₹20 L/yr - ₹28.5 L/yr
115%
more | |
 PNB MetLife Product Manager Salary
2 - 7 years exp. (4 salaries) | ₹15 L/yr - ₹25 L/yr
80%
more | |
 SBI General Insurance Product Manager Salary
1 - 13 years exp. (3 salaries) | ₹8.2 L/yr - ₹15.5 L/yr
1%
more | |
SBI Life Insurance Company Product Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
| 2 years (AmbitionBox Estimate) |
₹9.9
L/yr
- ₹12.7
L/yr
|
| 3 years (4 salaries) |
₹10
L/yr
- ₹13.6
L/yr
|
Login to view exact salary
| |
| 4 years (AmbitionBox Estimate) |
₹10
L/yr
- ₹12.7
L/yr
|
| 5 years (4 salaries) |
₹8
L/yr
- ₹14.5
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹10
L/yr
- ₹12.8
L/yr
|
View all salaries by experience
Similar Designation Salaries at SBI Life Insurance Company
| Similar Designation | Avg. annual salary |
|---|---|
Project Manager Salary
(7 salaries)
| ₹6.8 L/yr - ₹14.5 L/yr |
Production Manager Salary
(AmbitionBox Estimate)
| ₹15.2 L/yr - ₹19.4 L/yr |
Login to view exact salary
| |
Program Manager Salary
(3 salaries)
| ₹12.1 L/yr - ₹20 L/yr |
Deputy Manager Salary
(45 salaries)
| ₹2.4 L/yr - ₹10 L/yr |
Senior Product Manager Salary
(AmbitionBox Estimate)
| ₹10.8 L/yr - ₹13.8 L/yr |
View more similar designations
Top trending discussions
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Salary Discussions, Hike & Promotions
2w
a senior executive
GF salary Vs. My salary
Me and my gf have been dating for 5 years.
Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025.
She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025).
We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened.
If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills.
I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone.
Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities.
I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not.
I love her, but I don't know how to overcome this issue between us. Please suggest!
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SBI Life Insurance Company Product Manager Salary FAQs
What is the salary of Product Manager at SBI Life Insurance Company ?
The average salary of a Product Manager at SBI Life Insurance Company in India typically ranges from ₹7.8 Lakhs to ₹14.5 Lakhs per year, depending on experience (from 2 years to 9 years).
The top 10% of Product Manager at SBI Life Insurance Company earn more than ₹13.6 Lakhs per year, and the top 1% earn over ₹14.5 Lakhs per year. Product 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 10+ SBI Life Insurance Company employees in India.
The top 10% of Product Manager at SBI Life Insurance Company earn more than ₹13.6 Lakhs per year, and the top 1% earn over ₹14.5 Lakhs per year. Product 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 10+ SBI Life Insurance Company employees in India.
What is the estimated take home salary of a Product Manager at SBI Life Insurance Company in India?
The estimated take-home salary of a Product Manager at SBI Life Insurance Company in India typically ranges from ₹79,339 to ₹81,403 per month. This is based on the average salary range of
₹7.8 Lakhs to ₹14.5 Lakhs
per year for employees with experience ranging from 2 years to 9 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 10+ salaries received from various employees of SBI Life Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SBI Life Insurance Company for Product Manager in India?
| Principal Global Services | ₹22.0 Lakhs to ₹38.0 Lakhs per year |
| Tata AIA Life Insurance | ₹10.4 Lakhs to ₹32.1 Lakhs per year |
| MetLife | ₹20.0 Lakhs to ₹28.5 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹8.4 Lakhs to ₹30.0 Lakhs per year |
| PNB MetLife | ₹15.0 Lakhs to ₹25.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Life Insurance Company, depending on the role and experience level.
What is the salary of a Product Manager in companies similar to SBI Life Insurance Company in India?
The salary of a Product 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:
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Aditya Birla Health Insurance Co | ₹9.0 Lakhs to ₹25.5 Lakhs per year |
| Star Health & Allied Insurance | ₹10.4 Lakhs to ₹30.5 Lakhs per year |
| Axis Max Life Insurance | ₹7.2 Lakhs to ₹30.0 Lakhs per year |
| Kotak Mahindara Life Insurance | ₹6.4 Lakhs to ₹25.3 Lakhs per year |
| HDFC Ergo General Insurance | ₹13.0 Lakhs to ₹21.4 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 Product Manager at SBI Life Insurance Company in India?
The salary growth for a Product Manager at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Product Manager can expect the following growth trajectory at SBI Life Insurance Company:
and so on.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹9.9 Lakhs to ₹12.7 Lakhs per year |
| 3 years | ₹10.0 Lakhs to ₹13.6 Lakhs per year |
| 4 years | ₹10.0 Lakhs to ₹12.7 Lakhs per year |
| 5 years | ₹8.0 Lakhs to ₹14.5 Lakhs per year |
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SBI Life Insurance Company Product Manager salary
in
India
ranges between ₹7.8
Lakhs to ₹14.5
Lakhs with an average annual salary of
₹
. Salary estimates are based on
15
SBI Life Insurance Company latest salaries received from various employees of
SBI Life Insurance Company.