Psychological capital (PsyCap) is defined as the person’s positive state of being characterized by positive hope, a sense of optimism, self-efficacy and resilience capacity. Psychological capital is deeply rooted in positive organizational behavioral (POB) approach and this paradigm shift has accoutred during the positive psychology movement. The aim of the present paper is to ascertain the role of psychological capital in Individual Life satisfaction among athletic coaches. 50 athletic coaches have been approached who completed the PsyCap and Life satisfaction questionnaire. The construct of Psychological capital was measured by PsyCap questionnaire developed by Luthans and Satisfaction with Life scale developed by Diener have been used to measure the construct of Life Satisfaction. The collected data were tabulated and analyzed by SPSS through t-test and Pearson’s correlation. The results indicated that there is a positive correlation (r=0.68, p<.001) between the dimensions of psychological capital (Self-efficacy, Hope, Optimism, and Resilience) and life satisfaction. The results also indicated that there is no significant difference in PsyCap and Life Satisfaction in terms of gender. The study suggests that athletic coaches who scored high on the components of PsyCap were more satisfied with their life compared to those who scored low. The implications of the study suggest that the development of positive psychological abilities will increase the subjective well being of an individual.