Bajaj Capital Insurance Area Sales Manager Salaries by 5 Employees

10 - 13 years exp.

₹4.5 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

52% less than the average Area Sales Manager Salary in Insurance Companies for 10 - 13 years of experience

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Last Updated: 14 May 2024

Companies similar to Bajaj Capital Insurance for Area Sales Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Health Insurance Co Area Sales Manager Salary 6 - 15 years exp. (143 salaries)	₹6.2 L/yr - ₹16 L/yr 121% more
Royal Sundaram General Insurance Area Sales Manager Salary 8 - 16 years exp. (76 salaries)	₹5.5 L/yr - ₹14.6 L/yr 104% more
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Cholamandalam MS General Insurance Area Sales Manager Salary 5 - 15 years exp. (39 salaries)	₹5.1 L/yr - ₹13.6 L/yr 66% more
Future Generali India Life Insurance Area Sales Manager Salary 1 - 14 years exp. (11 salaries)	₹3 L/yr - ₹13 L/yr 59% more
ManipalCigna Health Insurance Area Sales Manager Salary 10 - 15 years exp. (9 salaries)	₹7.5 L/yr - ₹11.2 L/yr 77% more
Bharti AXA Life Insurance Area Sales Manager Salary 4 - 12 years exp. (8 salaries)	₹5.2 L/yr - ₹10 L/yr 22% more
Aviva Life Insurance India Area Sales Manager Salary 1 - 20 years exp. (7 salaries)	₹2.9 L/yr - ₹12 L/yr 65% more
Magma HDI General Insurance Area Sales Manager Salary 7 - 12 years exp. (6 salaries)	₹7.7 L/yr - ₹8.8 L/yr 73% more
Edelweiss Life Insurance Area Sales Manager Salary 11 - 16 years exp. (6 salaries)	₹9 L/yr - ₹13.5 L/yr 121% more
Liberty General Insurance Area Sales Manager Salary 8 - 16 years exp. (6 salaries)	₹13.5 L/yr - ₹16.5 L/yr 198% more
Ageas Federal Life Insurance Area Sales Manager Salary 14 - 18 years exp. (5 salaries)	₹6.8 L/yr - ₹17.4 L/yr 125% more
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Aegon Life Insurance Area Sales Manager Salary 3 - 22 years exp. (4 salaries)	₹3.7 L/yr - ₹14 L/yr 135% more
Universal Sompo General Insurance Area Sales Manager Salary 16 - 17 years exp. (4 salaries)	₹14.4 L/yr - ₹15.8 L/yr 213% more
MetLife Area Sales Manager Salary 2 - 3 years exp. (3 salaries)	₹4 L/yr - ₹9.1 L/yr 23% more
CignaTTk Health Insurance Area Sales Manager Salary 2 - 9 years exp. (3 salaries)	₹2 L/yr - ₹7 L/yr 23% less
IndiaFirst Life Insurance Area Sales Manager Salary 5 - 7 years exp. (3 salaries)	₹6 L/yr - ₹9.5 L/yr 82% more
Shriram General Insurance Area Sales Manager Salary 3 - 14 years exp. (3 salaries)	₹2.5 L/yr - ₹10 L/yr 44% more

Area Sales Manager salary at Bajaj Capital Insurance ranges between ₹4.5 Lakhs to ₹5 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Capital Insurance.

Experience wise Bajaj Capital Insurance Area Sales Manager salaries

Last Updated: 14 May 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹5 L/yr - ₹5 L/yr
11 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5 L/yr
13 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.1 L/yr

Similar Designation salaries in Bajaj Capital Insurance

Sales Manager Salary

(14 salaries)

₹0.3 L/yr - ₹4.2 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Area Manager Salary

(5 salaries)

₹4 L/yr - ₹6.17 L/yr

Assistant Sales Manager Salary

(5 salaries)

₹2.05 L/yr - ₹3.05 L/yr

Regional Manager Salary

(6 salaries)

₹15 L/yr - ₹20.82 L/yr

Branch Manager Salary

(16 salaries)

₹2.9 L/yr - ₹4.5 L/yr

Cluster Manager Salary

(7 salaries)

₹6.7 L/yr - ₹8.25 L/yr

Deputy Manager Salary

(25 salaries)

₹2.1 L/yr - ₹3.6 L/yr

Sales Officer Salary

(5 salaries)

₹1.5 L/yr - ₹2.1 L/yr

Marketing Manager Salary

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₹2.95 L/yr - ₹4 L/yr

Salary related reviews for Bajaj Capital Insurance

4.1

Rated by 3 employees for salary & benefits

Relationship Manager in Agra

Part Time

Sales & Business Development Department

2.0

• posted on 26 Oct 2023

3.0

for Salary and Benefits

Likes

... and hr only follow order to Senior Manager, big mistake to join this company. Daily said, not approved your attendance and not provide salary

Dislikes

Before joining recruiter said, direct channel leads will be provided but after joining branch manager said go to market and collect data and 3 time give for monthly ctc salary justify after give travel allowance. Branch manager and old rm follow only one rule hire and fire, high pressure to new rm

Skill development - Poor

+5 more

Deputy Manager in New Delhi

Insurance Department

4.0

• posted on 22 Feb 2022

3.0

for Salary and Benefits

Likes

Timing issue no time for family to much busy schedule slow process in growth companies policy are very irritated.

Job security - Good

+1 more

Dislikes

There is a lot of politics and the management doesn't address our issue. Salary is not good enough career and growth is to slow.

Skill development - Poor

+2 more

Sales Executive in Gwalior

Customer Success, Service & Operations Department

5.0

• posted on 21 Jun 2020

5.0

for Salary and Benefits

Likes

Good work environment and culture.teammates are supportive

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 1year before which you cannot resign.on the job training is not giving to new joiners.

Senior Executive Operations in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 07 May 2023

3.0

for Salary and Benefits

Likes

Non toxic environment, friendly culture, a certified "Great place to work" company. Managers are amazing and supportive in nature. Loads of work is limited. Bole to bindaas. 👍🏻👍🏻👍🏻👍🏻

Skill development - Good

+4 more

Dislikes

Salary package, bonus, appraisal etc should be improve.

Promotions - Poor

Manager HRD in Lucknow

Full Time

Human Resources Department

3.0

• posted on 22 May 2022

3.0

for Salary and Benefits

Likes

Overall it's a good organization to work but having huge requirement to improve to become better. Good ethical values.

Job security - Good

Dislikes

Although company having good ethical values but they ignored it at covid lockdown, 50% salary cut even for support team). Since support team were not being incentivised when business was at boom so there should not be salary cut when business is at low.

Skill development - Poor

+2 more

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Bajaj Capital Insurance Area Sales Manager Salary FAQs

What is the salary of Area Sales Manager at Bajaj Capital Insurance ?

The average salary of a Area Sales Manager at Bajaj Capital Insurance in India typically ranges from ₹4.5 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 10 years to 13 years).

The top 10% of Area Sales Manager at Bajaj Capital Insurance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Area Sales Manager Salaries at Bajaj Capital Insurance 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 5 Bajaj Capital Insurance employees in India.

What is the estimated take home salary of a Area Sales Manager at Bajaj Capital Insurance in India?

The estimated take-home salary of a Area Sales Manager at Bajaj Capital Insurance in India typically ranges from ₹35,576 to ₹36,807 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 10 years to 13 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 5 salaries received from various employees of Bajaj Capital Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bajaj Capital Insurance for Area Sales Manager in India?

Universal Sompo General Insurance	₹14.4 Lakhs to ₹15.8 Lakhs per year
Liberty General Insurance	₹13.5 Lakhs to ₹16.5 Lakhs per year
Aegon Life Insurance	₹3.7 Lakhs to ₹14.0 Lakhs per year
Ageas Federal Life Insurance	₹6.8 Lakhs to ₹17.4 Lakhs per year
Aditya Birla Health Insurance Co	₹6.2 Lakhs to ₹16.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Capital Insurance, depending on the role and experience level.

What is the salary of a Area Sales Manager in companies similar to Bajaj Capital Insurance in India?

The salary of a Area Sales Manager at companies similar to Bajaj Capital Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Edelweiss Life Insurance	₹9.0 Lakhs to ₹13.5 Lakhs per year
Royal Sundaram General Insurance	₹5.5 Lakhs to ₹14.6 Lakhs per year
IndiaFirst Life Insurance	₹6.0 Lakhs to ₹9.5 Lakhs per year
ManipalCigna Health Insurance	₹7.5 Lakhs to ₹11.2 Lakhs per year
Magma HDI General Insurance	₹7.7 Lakhs to ₹8.8 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 Area Sales Manager at Bajaj Capital Insurance in India?

The salary growth for a Area Sales Manager at Bajaj Capital Insurance depends on factors such as experience, performance, and promotions. On average, a Area Sales Manager can expect the following growth trajectory at Bajaj Capital Insurance:

Experience	Average Salary Range
10 years	₹5.0 Lakhs to ₹5.0 Lakhs per year
11 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
12 years	₹4.5 Lakhs to ₹5.0 Lakhs per year
13 years	₹4.5 Lakhs to ₹8.1 Lakhs per year

and so on.

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Bajaj Capital Insurance Area Sales Manager Salaries

Bajaj Capital Insurance Area Sales Manager salary in India ranges between ₹4.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bajaj Capital Insurance latest salaries received from various employees of Bajaj Capital Insurance.