HDFC Ergo General Insurance Territory Sales Manager Salaries by 20+ Employees (Updated 2025)

1 - 16 years exp.

₹4 Lakhs - ₹7.2 Lakhs

Salary of majority employees

28% less than the average Territory Sales Manager Salary in Insurance Companies for 1 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Territory Sales Manager Salary 1 - 16 years exp. (12 salaries)	₹4 L/yr - ₹7.2 L/yr
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Sales & Business Development Territory Sales Manager Salary 5 - 16 years exp. (10 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
ICICI Lombard General Insurance Company Territory Sales Manager Salary 0 - 14 years exp. (26 salaries)	₹5.3 L/yr - ₹13 L/yr 59% more
Bajaj Allianz General Insurance Territory Sales Manager Salary 2 - 13 years exp. (38 salaries)	₹2.5 L/yr - ₹5.8 L/yr 16% less
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Reliance General Insurance Territory Sales Manager Salary 0 - 9 years exp. (5 salaries)	₹4.1 L/yr - ₹6.6 L/yr 6% more
Tata AIG Territory Sales Manager Salary 4 - 10 years exp. (3 salaries)	₹3.8 L/yr - ₹6.5 L/yr 17% more
SBI General Insurance Territory Sales Manager Salary 6 - 15 years exp. (51 salaries)	₹4 L/yr - ₹10.8 L/yr 40% more
Tata AIA Life Insurance Territory Sales Manager Salary 5 - 14 years exp. (298 salaries)	₹3.8 L/yr - ₹11.3 L/yr 50% more	36 job openings
PNB MetLife Territory Sales Manager Salary 4 - 12 years exp. (203 salaries)	₹3.7 L/yr - ₹7.5 L/yr 1% more
HDFC Life Territory Sales Manager Salary 2 - 14 years exp. (18 salaries)	₹3.2 L/yr - ₹14.7 L/yr 51% more
SBI Life Insurance Company Territory Sales Manager Salary 5 - 16 years exp. (11 salaries)	₹4.9 L/yr - ₹6 L/yr 1% less
Care Health Insurance Territory Sales Manager Salary 3 - 14 years exp. (11 salaries)	₹4.4 L/yr - ₹5.7 L/yr 10% less
Bajaj Allianz Life Insurance Territory Sales Manager Salary 9 - 15 years exp. (6 salaries)	₹4.9 L/yr - ₹9 L/yr 26% more
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ICICI Prudential Life Insurance Territory Sales Manager Salary 3 - 10 years exp. (4 salaries)	₹5 L/yr - ₹7 L/yr 16% more
Aditya Birla Sun Life Insurance Territory Sales Manager Salary 5 - 7 years exp. (4 salaries)	₹7 L/yr - ₹10 L/yr 47% more
Kotak Mahindara Life Insurance Territory Sales Manager Salary 6 - 20 years exp. (4 salaries)	₹4.8 L/yr - ₹18 L/yr 53% more
Star Health & Allied Insurance Territory Sales Manager Salary 7 - 16 years exp. (4 salaries)	₹13.1 L/yr - ₹14 L/yr 153% more
Niva Bupa Health Insurance Company Territory Sales Manager Salary 0 - 10 years exp. (4 salaries)	₹7.5 L/yr - ₹10 L/yr 57% 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 22 latest salaries received from various employees of HDFC Ergo General Insurance.

Experience wise HDFC Ergo General Insurance Territory Sales Manager salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4 L/yr - ₹8.9 L/yr
2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.3 L/yr
5 years (3 salaries)	₹4.2 L/yr - ₹9.4 L/yr
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.6 L/yr
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹9.7 L/yr
9 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹7.2 L/yr
10 years (3 salaries)	₹5.2 L/yr - ₹6.5 L/yr
11 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.7 L/yr
12 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.8 L/yr
13 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹10.3 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

(20 salaries)

₹2.7 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

(24 salaries)

₹2.6 L/yr - ₹5.25 L/yr

Area Sales Manager Salary

(153 salaries)

₹5.58 L/yr - ₹18.64 L/yr

Channel Sales Manager Salary

(83 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

(287 salaries)

₹2.2 L/yr - ₹7.7 L/yr

Deputy Manager Salary

(839 salaries)

₹3.2 L/yr - ₹10.25 L/yr

Area Manager Salary

(40 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.

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.

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.

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.

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

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

Dislikes

Nil

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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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?

Territory Sales Manager salary at HDFC Ergo General Insurance in India ranges between ₹4.0 Lakhs to ₹7.2 Lakhs for experience between 1 years to 16 years. According to our estimates it is 28% less than the average Territory Sales Manager Salary in India. Salary estimates are based on 22 latest salaries received from various employees of HDFC Ergo General Insurance India.

How does the salary of a Territory Sales Manager at HDFC Ergo General Insurance India compare with the average salary range for this job?

The average salary of a Territory Sales Manager at HDFC Ergo General Insurance is 28% less than the average salary of a Territory Sales Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Ergo General Insurance to a Territory Sales Manager in India?

Star Health & Allied Insurance Territory Sales Manager Salary - ₹13.1 Lakhs to ₹14.0 Lakhs per year
ICICI Lombard General Insurance Company Territory Sales Manager Salary - ₹5.3 Lakhs to ₹13.0 Lakhs per year
Niva Bupa Health Insurance Company Territory Sales Manager Salary - ₹7.5 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindara Life Insurance Territory Sales Manager Salary - ₹4.8 Lakhs to ₹18.0 Lakhs per year
HDFC Life Territory Sales Manager Salary - ₹3.2 Lakhs to ₹14.7 Lakhs per year

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

Tata AIA Life Insurance Territory Sales Manager Salary - ₹3.8 Lakhs to ₹11.3 Lakhs per year
Aditya Birla Sun Life Insurance Territory Sales Manager Salary - ₹7.0 Lakhs to ₹10.0 Lakhs per year
SBI General Insurance Territory Sales Manager Salary - ₹4.0 Lakhs to ₹10.8 Lakhs per year
Bajaj Allianz Life Insurance Territory Sales Manager Salary - ₹4.9 Lakhs to ₹9.0 Lakhs per year
Tata AIG Territory Sales Manager Salary - ₹3.8 Lakhs to ₹6.5 Lakhs per year

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 ranges between ₹41,020 per month to ₹42,170 per month in India. The take-home salary calculation is based on the average HDFC Ergo General Insurance Territory Sales Manager salary in India which ranges between ₹4.0 Lakhs to ₹7.2 Lakhs per year for employees with experience between 1 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Territory Sales Manager at HDFC Ergo General Insurance?

According to AmbitionBox, 50% of the HDFC Ergo General Insurance Territory Sales Managers reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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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 22 HDFC Ergo General Insurance latest salaries received from various employees of HDFC Ergo General Insurance.