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Maruti Suzuki Insurance Broking Territory Sales Manager salaries in India (Updated 2025)

Annual salary range
2 - 10 years exp.
₹5.2 Lakhs - ₹19.6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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45% more than the average Territory Sales Manager Salary in Insurance Companies for 2 - 10 years of experience

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Salaries in different departments

Sales & Business Development
Territory Sales Manager Salary
2 - 10 years exp. (35 salaries)
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₹5.2 L/yr - ₹20.3 L/yr

BFSI, Investments & Trading
Territory Sales Manager Salary
2 - 9 years exp. (5 salaries)
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₹5.7 L/yr - ₹16 L/yr

Last Updated: 9 Apr 2025

Companies similar to Maruti Suzuki Insurance Broking for Territory Sales Manager

Company name Avg Annual Salary Open Jobs
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₹4.5 L/yr - ₹13 L/yr

arrow icon 33% less
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₹4 L/yr - ₹7.2 L/yr

arrow icon 51% less
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HDFC Life Territory Sales Manager Salary

2 - 21 years exp. (16 salaries)

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₹3.9 L/yr - ₹16 L/yr

arrow icon 11% less
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₹5 L/yr - ₹10.9 L/yr

arrow icon 43% less
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₹4 L/yr - ₹5.4 L/yr

arrow icon 58% less
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Docland Territory Sales Manager Salary

2 - 7 years exp. (4 salaries)

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₹2.2 L/yr - ₹3.6 L/yr

arrow icon 73% less
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₹4.8 L/yr - ₹18 L/yr

arrow icon 25% less
Territory Sales Manager salary at Maruti Suzuki Insurance Broking ranges between ₹5.2 Lakhs to ₹19.6 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 45 latest salaries received from various employees of Maruti Suzuki Insurance Broking.

Latest annual salaries shared by Maruti Suzuki Insurance Broking Territory Sales Manager

2d ago
₹8.4 Lakhs
5 years exp.
3w ago
₹16 Lakhs
9 years exp.
1mo ago
₹9.2 Lakhs
3 years exp.
4mo ago
₹21 Lakhs
10 years exp.
5mo ago
₹9.9 Lakhs
5 years exp.
6mo ago
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8 years exp.
7mo ago
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9 years exp.
8mo ago
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4 years exp.
9mo ago
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7 years exp.
9mo ago
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8 years exp.

Experience wise Maruti Suzuki Insurance Broking Territory Sales Manager salaries

Last Updated: 9 Apr 2025

Experience Avg Annual Salary
2 years  (4 salaries)

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₹5.6 L/yr - ₹14.1 L/yr
3 years  (5 salaries)

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₹5.2 L/yr - ₹9.2 L/yr
4 years  (6 salaries)

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₹5.7 L/yr - ₹17 L/yr
5 years  (8 salaries)

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₹8 L/yr - ₹11.4 L/yr
6 years  (7 salaries)

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₹8.1 L/yr - ₹14.5 L/yr
View all

Similar Designation salaries in Maruti Suzuki Insurance Broking

Territory Manager Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr
Sales Manager Salary
(3 salaries)
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₹4.4 L/yr - ₹13.5 L/yr
Deputy Manager Salary
(17 salaries)
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₹9.8 L/yr - ₹16 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹3 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹21.6 L/yr - ₹27.6 L/yr
Business Development Manager Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Team Lead Salary
(3 salaries)
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₹1.8 L/yr - ₹4.2 L/yr
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₹0.2 L/yr - ₹2.5 L/yr

Top skills at Maruti Suzuki Insurance Broking for Territory Sales Manager

Channel Sales Salesforce General Insurance B2B Sales Motor Insurance Sales Channel Sales Territory Sales Management General Insurance Motor Insurance Area Sales Channel Sales Management Business Development Area Management Regional Sales

Salary related reviews for Maruti Suzuki Insurance Broking

3.3

Rated by 10 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 01 Aug 2018

4.0
 for  Salary and Benefits

Likes

I feel proud to be a part of Maruti Insurance broking Private limited. The company Provide the lot of opportunities to there employees also they are taking care of there employees in all the terms like in terms of working culuture, job security, salary, appraisal, allowances etc. Working environment of Maruti insurance is good, all the senior management and team of MI is supporting. MI is a good option for job seekers.

read more
  • Salary - Good
  • +6 more

Dislikes

Compensation Provided by the company is decent but growth is slow. sometimes I need to travel the whole night for reaching at dealership on time next day. I also need to handle some of those dealers who are not in my territory.

read more

Sales Insurance Department

1.0
  •  posted on 20 Apr 2022

1.0
 for  Salary and Benefits

Likes

On time salary this is the only thing to like because maruti suzuki group handles the same and no salaries are delayed

read more

Dislikes

No one is taking feedbacks and suggestions from the field team, Field sales team is only asked to follow orders from HO which is not fair. Forcefully things are being implemented on the clients.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Human Resources Department

2.0
  •  posted on 22 Feb 2018

3.0
 for  Salary and Benefits

Likes

Job security Good compensation benefits like Insurance benefits unlike any other company over and above CTC

read more
  • Job security - Excellent

Dislikes

Ineffective leader Leader needs to be changed immediately Focus on productive work rather than paper and clarical work. Belives in Employee exploitation Impatiance Leader Reactive rather than proactive Very poor decisiton making Even leaders dont know what kind of people they are looking for No Transparent system, unprofessionalism, communication gap, favouritsm, one man army show, no weightage to employee voice and suggestions, no authority and freedom of work, convention paper work and approval system delays in work, non acceptance of technology, belives in cost saving and conventional method of working. Non acceptance of changing environment.. Top managememt need to focus on employer branding, employee developent, They should consider HR as a key of success for the organization rather just as a back end function

read more
  • Skill development - Bad
  • +4 more

Mibpl Department

1.0
  •  posted on 13 May 2022

1.0
 for  Salary and Benefits

Likes

Just having Name of Maruti company is running, The services which they are providing i don't know why people are working with

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Dislikes

No HR Support No Job Security Managers not having committed to what they say they changed there mood every 2nd day. Every time they were having less Staff and some else doing work No approval for asking leave, holidays are just to reimburse in the end. get ur reimbursement after 5-6 months Company is working on a portal that never works. i have to attend calls even after office hours and Saturday Sunday and resolve them

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales Department

5.0
  •  posted on 11 Sep 2022

4.0
 for  Salary and Benefits

Likes

I like understanding cooperation of colleagues to support and helping to learn their system as well approach to every situation to handle the costumers.

read more
  • Salary - Good
  • +2 more

Dislikes

no dislike for better opportunity I move on.

see more salary related reviews

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Maruti Suzuki Insurance Broking Territory Sales Manager Salary FAQs

What is the salary of Territory Sales Manager at Maruti Suzuki Insurance Broking ?
The average salary of a Territory Sales Manager at Maruti Suzuki Insurance Broking in India typically ranges from ₹5.2 Lakhs to ₹19.6 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Territory Sales Manager at Maruti Suzuki Insurance Broking earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Territory Sales Manager Salaries at Maruti Suzuki Insurance Broking 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 40+ Maruti Suzuki Insurance Broking employees in India.
What is the estimated take home salary of a Territory Sales Manager at Maruti Suzuki Insurance Broking in India?
The estimated take-home salary of a Territory Sales Manager at Maruti Suzuki Insurance Broking in India typically ranges from ₹78,895 to ₹80,946 per month. This is based on the average salary range of ₹5.2 Lakhs to ₹19.6 Lakhs per year for employees with experience ranging from 2 years to 10 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 40+ salaries received from various employees of Maruti Suzuki Insurance Broking. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Territory Sales Manager at Maruti Suzuki Insurance Broking ?
To be a Territory Sales Manager at Maruti Suzuki Insurance Broking in india, the key skills required include:

  • - Channel Sales
  • - Salesforce
  • - General Insurance
  • - B2B Sales
  • - Motor Insurance

These skills are highly valued at Maruti Suzuki Insurance Broking and are crucial for successful performance in a Software Engineering role.
What is the salary of a Territory Sales Manager in companies similar to Maruti Suzuki Insurance Broking in India?
The salary of a Territory Sales Manager at companies similar to Maruti Suzuki Insurance Broking in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life ₹3.9 Lakhs to ₹16.0 Lakhs per year
Kotak Mahindara Life Insurance ₹4.8 Lakhs to ₹18.0 Lakhs per year
ICICI Lombard General Insurance Company ₹4.5 Lakhs to ₹13.0 Lakhs per year
ICICI Prudential Life Insurance ₹5.0 Lakhs to ₹10.9 Lakhs per year
HDFC Ergo General Insurance ₹4.0 Lakhs to ₹7.2 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 Maruti Suzuki Insurance Broking in India?
The salary growth for a Territory Sales Manager at Maruti Suzuki Insurance Broking depends on factors such as experience, performance, and promotions. On average, a Territory Sales Manager can expect the following growth trajectory at Maruti Suzuki Insurance Broking:

Experience Average Salary Range
2 years ₹5.6 Lakhs to ₹14.1 Lakhs per year
3 years ₹5.2 Lakhs to ₹9.2 Lakhs per year
4 years ₹5.7 Lakhs to ₹17.0 Lakhs per year
5 years ₹8.0 Lakhs to ₹11.4 Lakhs per year
and so on.

Tell us how to improve this page.

Maruti Suzuki Insurance Broking Territory Sales Manager salary in India ranges between ₹5.2 Lakhs to ₹19.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 45 Maruti Suzuki Insurance Broking latest salaries received from various employees of Maruti Suzuki Insurance Broking.