HDFC Ergo General Insurance Territory Sales Manager Salaries by 10+ Employees

1 - 16 years exp.

₹4 Lakhs - ₹7.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

29% less than the average Territory Sales Manager Salary in Insurance Companies for 1 - 16 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Territory Sales Manager Salary 1 - 16 years exp. (11 salaries)	₹4 L/yr - ₹7.2 L/yr
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Sales & Business Development Territory Sales Manager Salary 5 - 16 years exp. (6 salaries)	₹4.8 L/yr - ₹6.8 L/yr

Last Updated: 14 Mar 2023

Companies similar to HDFC Ergo General Insurance for Territory Sales Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Territory Sales Manager Salary 5 - 14 years exp. (408 salaries)	₹3.8 L/yr - ₹11 L/yr 46% more	2 job openings
Maruti Suzuki Insurance Broking Territory Sales Manager Salary 2 - 10 years exp. (45 salaries)	₹5.2 L/yr - ₹19.6 L/yr 103% more
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ICICI Lombard General Insurance Company Territory Sales Manager Salary 0 - 10 years exp. (21 salaries)	₹4.5 L/yr - ₹13 L/yr 38% more
HDFC Life Territory Sales Manager Salary 2 - 21 years exp. (16 salaries)	₹3.9 L/yr - ₹16 L/yr 82% more
Bajaj Allianz Life Insurance Territory Sales Manager Salary 5 - 15 years exp. (9 salaries)	₹4.9 L/yr - ₹9.1 L/yr 23% more	1 job opening
SBI Life Insurance Company Territory Sales Manager Salary 5 - 16 years exp. (9 salaries)	₹5.2 L/yr - ₹6 L/yr 1% more
ICICI Prudential Life Insurance Territory Sales Manager Salary 3 - 10 years exp. (4 salaries)	₹5 L/yr - ₹10.9 L/yr 17% more
Reliance Nippon Life Insurance Territory Sales Manager Salary 12 - 16 years exp. (4 salaries)	₹6.5 L/yr - ₹7 L/yr 28% more
Docland Territory Sales Manager Salary 2 - 7 years exp. (4 salaries)	₹2.2 L/yr - ₹3.6 L/yr 44% less
Kotak Mahindara Life Insurance Territory Sales Manager Salary 6 - 20 years exp. (4 salaries)	₹4.8 L/yr - ₹18 L/yr 54% more
Aditya Birla Sun Life Insurance Territory Sales Manager Salary 7 years exp. (3 salaries)	₹7 L/yr - ₹10 L/yr 51% more
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Star Health & Allied Insurance Territory Sales Manager Salary 7 - 17 years exp. (3 salaries)	₹9 L/yr - ₹13.8 L/yr 154% more

Territory Sales Manager salary at HDFC Ergo General Insurance ranges between ₹4 Lakhs to ₹7.2 Lakhs per year for employees with experience between 1 year to 16 years. Salary estimates are based on 17 latest salaries received from various employees of HDFC Ergo General Insurance.

Latest annual salaries shared by HDFC Ergo General Insurance Territory Sales Manager

1y ago

₹6.8 Lakhs

16 years exp.

1y ago

₹4.8 Lakhs

5 years exp.

1y ago

₹7.2 Lakhs

9 years exp.

1y ago

₹4.5 Lakhs

4 years exp.

1y ago

₹6.8 Lakhs

16 years exp.

1y ago

5 years exp.

1y ago

8 years exp.

1y ago

7 years exp.

1y ago

13 years exp.

2y ago

8 years exp.

Experience wise HDFC Ergo General Insurance Territory Sales Manager salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
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3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
5 years (3 salaries)	₹4.2 L/yr - ₹9.3 L/yr
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
9 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
10 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
12 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
13 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
14 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
15+ years (4 salaries)	₹5 L/yr - ₹6.8 L/yr

View all

Similar Designation salaries in HDFC Ergo General Insurance

Senior Sales Manager Salary

(15 salaries)

₹3.6 L/yr - ₹9.5 L/yr

Territory Business Manager Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Territory Manager Salary

(18 salaries)

₹4 L/yr - ₹10 L/yr

Assistant Sales Manager Salary

(30 salaries)

₹2.6 L/yr - ₹5.25 L/yr

Area Sales Manager Salary

(137 salaries)

₹5 L/yr - ₹18.7 L/yr

Channel Sales Manager Salary

(59 salaries)

₹2.4 L/yr - ₹4.05 L/yr

Senior Sales Officer Salary

(4 salaries)

₹2.5 L/yr - ₹3.5 L/yr

Sales Manager Salary

(284 salaries)

₹2.4 L/yr - ₹7.5 L/yr

Deputy Manager Salary

(885 salaries)

₹3 L/yr - ₹10.25 L/yr

Area Manager Salary

(38 salaries)

₹6 L/yr - ₹12.5 L/yr

Salary related reviews for HDFC Ergo General Insurance

4.0

Rated by 7 employees for salary & benefits

Territory Sales Manager in Bhubaneswar

BFSI, Investments & Trading Department

4.0

• posted on 16 Oct 2020

4.0

for Salary and Benefits

Likes

... company to work with. All employees are supportive from FLS level to top level. Salary, incentive and promotion structure is good which plays a supportive role to encourage the employees.

Salary - Good

+6 more

Dislikes

Employees favouritism is there so no one should expect appraisal on the basis of performance.

Deputy Manager in Surat

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 26 Nov 2024

3.0

for Salary and Benefits

Likes

Employee can manage his/her work life balance at this organization.

Job security - Excellent

+2 more

Dislikes

...the cost cutting which effects Employee's conveyance, variable, appraisals etc.. This means Ergo has to improve the adequate pay scale as per Employee's skills and performance.

Skill development - Poor

+1 more

Sales Executive in Noida

Full Time

Other Department

5.0

• posted on 14 Jul 2020

5.0

for Salary and Benefits

Likes

Manager are more cooperative , i am happy with management and also they will give salary on time in this pandemic situation.

Salary - Excellent

+6 more

Dislikes

Everything is fine but i am not happy with my salary. Salary is too low as compared my work. I am too dedicated to my work .

Sales Officer in Noida

Customer Success, Service & Operations Department

5.0

• posted on 10 Jun 2020

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

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.

Sales Executive in Hubli

BFSI, Investments & Trading Department

5.0

• posted on 05 Sep 2020

3.0

for Salary and Benefits

Likes

...e well..every 3months they will arrange trips.hdfc ergo we were like a family..they will provide on time salary and good bonus.. as a part of HDFC ERGO I personally enjoyed a lot

Skill development - Excellent

+4 more

Dislikes

Nil

see more salary related reviews

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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HDFC Ergo General Insurance Territory Sales Manager Salary FAQs

What is the salary of Territory Sales Manager at HDFC Ergo General Insurance ?

The average salary of a Territory Sales Manager at HDFC Ergo General Insurance in India typically ranges from ₹4.0 Lakhs to ₹7.2 Lakhs per year, depending on experience (from 1 year to 16 years).

The top 10% of Territory Sales Manager at HDFC Ergo General Insurance earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹7.2 Lakhs per year. Territory Sales Manager Salaries at HDFC Ergo General 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 10+ HDFC Ergo General Insurance employees in India.

What is the estimated take home salary of a Territory Sales Manager at HDFC Ergo General Insurance in India?

The estimated take-home salary of a Territory Sales Manager at HDFC Ergo General Insurance in India typically ranges from ₹40,733 to ₹41,887 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹7.2 Lakhs per year for employees with experience ranging from 1 year to 16 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 HDFC Ergo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDFC Ergo General Insurance for Territory Sales Manager in India?

Star Health & Allied Insurance	₹9.0 Lakhs to ₹13.8 Lakhs per year
Maruti Suzuki Insurance Broking	₹5.2 Lakhs to ₹19.6 Lakhs per year
HDFC Life	₹3.9 Lakhs to ₹16.0 Lakhs per year
Kotak Mahindara Life Insurance	₹4.8 Lakhs to ₹18.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹7.0 Lakhs to ₹10.0 Lakhs per year

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

What is the salary of a Territory Sales Manager in companies similar to HDFC Ergo General Insurance in India?

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

Tata AIA Life Insurance	₹3.8 Lakhs to ₹11.0 Lakhs per year
ICICI Lombard General Insurance Company	₹4.5 Lakhs to ₹13.0 Lakhs per year
Reliance Nippon Life Insurance	₹6.5 Lakhs to ₹7.0 Lakhs per year
Bajaj Allianz Life Insurance	₹4.9 Lakhs to ₹9.1 Lakhs per year
ICICI Prudential Life Insurance	₹5.0 Lakhs to ₹10.9 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 Territory Sales Manager at HDFC Ergo General Insurance in India?

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

Experience	Average Salary Range
1 year	₹4.4 Lakhs to ₹5.6 Lakhs per year
2 years	₹4.5 Lakhs to ₹5.7 Lakhs per year
3 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
4 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

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HDFC Ergo General Insurance Territory Sales Manager Salaries

HDFC Ergo General Insurance Territory Sales Manager salary in India ranges between ₹4 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.