Life Insurance Corporation of India Territory Sales Manager Salaries by Employees (Updated 2025)

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₹5.4 Lakhs - ₹6.9 Lakhs

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Last Updated: 22 Dec 2024

Companies similar to Life Insurance Corporation of India for Territory Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Territory Sales Manager Salary 2 - 21 years exp. (16 salaries)	₹3.9 L/yr - ₹16 L/yr 59% more
ICICI Prudential Life Insurance Territory Sales Manager Salary 3 - 10 years exp. (4 salaries)	₹5 L/yr - ₹10.9 L/yr 2% more
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SBI Life Insurance Company Territory Sales Manager Salary 5 - 16 years exp. (11 salaries)	₹4.9 L/yr - ₹6 L/yr 13% less
Bajaj Allianz Life Insurance Territory Sales Manager Salary 5 - 15 years exp. (9 salaries)	₹4.9 L/yr - ₹9.1 L/yr 7% more	1 job opening
Kotak Mahindara Life Insurance Territory Sales Manager Salary 6 - 20 years exp. (4 salaries)	₹4.8 L/yr - ₹18 L/yr 35% more
Tata AIA Life Insurance Territory Sales Manager Salary 5 - 14 years exp. (306 salaries)	₹3.8 L/yr - ₹11 L/yr 30% more	27 job openings
PNB MetLife Territory Sales Manager Salary 4 - 13 years exp. (221 salaries)	₹3.7 L/yr - ₹7.5 L/yr 10% less
Aditya Birla Sun Life Insurance Territory Sales Manager Salary 5 - 7 years exp. (4 salaries)	₹7 L/yr - ₹10 L/yr 29% more
Bajaj Allianz General Insurance Territory Sales Manager Salary 2 - 13 years exp. (34 salaries)	₹2.6 L/yr - ₹6.5 L/yr 24% less
HDFC Ergo General Insurance Territory Sales Manager Salary 1 - 16 years exp. (22 salaries)	₹4 L/yr - ₹7.2 L/yr 12% less
ICICI Lombard General Insurance Company Territory Sales Manager Salary 0 - 10 years exp. (21 salaries)	₹4.5 L/yr - ₹13 L/yr 20% more
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Aditya Birla Health Insurance Co Territory Sales Manager Salary 9 - 13 years exp. (5 salaries)	₹9.3 L/yr - ₹12.5 L/yr 86% more
Star Health & Allied Insurance Territory Sales Manager Salary 7 - 17 years exp. (3 salaries)	₹9 L/yr - ₹13.8 L/yr 122% more

Territory Sales Manager salary at Life Insurance Corporation of India ranges between ₹5.4 Lakhs to ₹6.9 Lakhs per year for employees with 13 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Life Insurance Corporation of India.

Similar Designation salaries in Life Insurance Corporation of India

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹5.7 L/yr - ₹7.2 L/yr

Territory Manager Salary

(6 salaries)

₹4 L/yr - ₹11.5 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹3.3 L/yr - ₹13 L/yr

Area Sales Manager Salary

(4 salaries)

₹2 L/yr - ₹4 L/yr

Senior Sales Officer Salary

(4 salaries)

₹1.8 L/yr - ₹3 L/yr

Sales Manager Salary

(19 salaries)

₹2 L/yr - ₹6.5 L/yr

Deputy Manager Salary

(5 salaries)

₹2.35 L/yr - ₹9.28 L/yr

Area Manager Salary

(4 salaries)

₹7.5 L/yr - ₹10 L/yr

Relationship Manager Salary

(6 salaries)

₹2.15 L/yr - ₹5 L/yr

Senior Territory Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Salary related reviews for Life Insurance Corporation of India

Advisor in Kulgam

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 19 Jul 2024

5.0

for Salary and Benefits

Likes

Good bonus Good incentives Respect given by whole team of LIC Good guidance and counselling and training sessions at LIC office

Salary - Excellent

+3 more

Dislikes

There is a heavy workload of getting policies and sales which is very tough to get popicies on dailg basis to achieve target.

Skill development - Poor

+2 more

Development Officer in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

5.0

• posted on 21 Sep 2023

3.0

for Salary and Benefits

Likes

Job Performing Flexibility.

Job security - Excellent

+3 more

Dislikes

...e Teams. 2. Other benefits, which are not upto the standards or satisfaction. 3. No Festival bonuses/ annual bonuses. 4. No Family bonus 5. No clarity about Pension

Promotions - Poor

Development Officer in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 20 Feb 2023

3.0

for Salary and Benefits

Likes

Good company in terms of the pay and benefits, but at a heavy price.

Dislikes

All the rules and restrictions/punishment are imposed only on class 2 officers of the organisation. Targets are imposed only on development officers.

Skill development - Poor

+5 more

Insurance Adviser in Suryapet

Full Time

Construction & Site Engineering Department

5.0

• posted on 24 Apr 2022

5.0

for Salary and Benefits

Likes

...us, we need to complete basic target - can be achieved easily to retain licence. We as agents, upon reaching membership target's, we receive bonus, advances & other benefits.

Salary - Excellent

+6 more

Dislikes

In this competitive industry, we need to implement new combination policies like pvt companies, which gives multiple benefit options to choose for customer & we need to upgrade in digital marketing/Easy ways to receive customer feedback, requests, their suggestions etc. We need to cut off those lengthy process in different sections.

Development Officer in Birbhum

Full Time

Sales & Business Development Department

3.0

• posted on 31 Oct 2022

4.0

for Salary and Benefits

Likes

Daispora of LICI. Salary and Perks. Free to work.

Salary - Good

+1 more

Dislikes

No job security at ADO/PDO post. Work life balance (what is it ?). Forget about help from colleague. If you are from sound and wealthy background just dive in.

Job security - Bad

+4 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Life Insurance Corporation of India Territory Sales Manager Salary FAQs

What is the notice period for Territory Sales Manager at Life Insurance Corporation of India?

According to AmbitionBox, 100% of the Life Insurance Corporation of India Territory Sales Managers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Territory Sales Manager Salaries

Life Insurance Corporation of India Territory Sales Manager salary in India ranges between ₹5.4 Lakhs to ₹6.9 Lakhs. This is an estimate based on latest salaries received from employees of Life Insurance Corporation of India.