Peerless Financial Products Distribution Sales Manager Salaries by 4 Employees

2 - 6 years exp.

₹2.6 Lakhs - ₹3.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

58% less than the average Sales Manager Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

Sales & Business Development Sales Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
BFSI, Investments & Trading Sales Manager Salary 6 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.6 L/yr
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Finance & Accounting Sales Manager Salary 6 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.6 L/yr

Last Updated: 20 Mar 2024

Companies similar to Peerless Financial Products Distribution for Sales Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Sales Manager Salary 0 - 8 years exp. (208 salaries)	₹1.9 L/yr - ₹7 L/yr 17% more	17 job openings
Tata AIA Life Insurance Sales Manager Salary 4 - 11 years exp. (197 salaries)	₹2.4 L/yr - ₹9.3 L/yr 97% more	4 job openings
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SBI Life Insurance Company Sales Manager Salary 0 - 10 years exp. (86 salaries)	₹1.2 L/yr - ₹5.6 L/yr 22% more	1 job opening
Coverfox Sales Manager Salary 3 - 10 years exp. (7 salaries)	₹3.3 L/yr - ₹6 L/yr 58% more
Spectrum Insurance Distribution Sales Manager Salary 4 - 6 years exp. (7 salaries)	₹2.9 L/yr - ₹5.5 L/yr 54% more
Robinhood Insurance Broker Sales Manager Salary 2 - 8 years exp. (4 salaries)	₹4 L/yr - ₹4.5 L/yr 48% more
Europ Assistance India Sales Manager Salary 2 - 5 years exp. (3 salaries)	₹4.6 L/yr - ₹5.5 L/yr 72% more
Alliance Insurance Brokers Sales Manager Salary 2 - 4 years exp. (3 salaries)	₹2.9 L/yr - ₹6.5 L/yr 90% more

Sales Manager salary at Peerless Financial Products Distribution ranges between ₹2.6 Lakhs to ₹3.3 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Peerless Financial Products Distribution.

Experience wise Peerless Financial Products Distribution Sales Manager salaries

Last Updated: 20 Mar 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
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6 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

Similar Designation salaries in Peerless Financial Products Distribution

Branch Manager Salary

(13 salaries)

₹4.6 L/yr - ₹8 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹3.5 L/yr - ₹4.5 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹1.5 L/yr - ₹2 L/yr

Business Development Manager Salary

(4 salaries)

₹3.8 L/yr - ₹6 L/yr

Salary related reviews for Peerless Financial Products Distribution

Customer Relationship Officer in Balurghat

Full Time

Other Department

2.0

• posted on 03 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

The management does not provide the holiday as per company rules. The company providing commission & extra benefit only for manager's. CRO is a part of casual labour, they are only a joker in the organization.

Salary - Poor

+5 more

Senior Branch Manager in Kollam

BFSI, Investments & Trading Department

5.0

• posted on 24 Jun 2020

4.0

for Salary and Benefits

Likes

In this lockdown time company take a quick change from offline to online and lauch more customer friendly products in life insurance and health insurance. This will very much helping to work in this period and coming days. This will also help to our teammates.

Salary - Good

+6 more

Dislikes

Nothing

Customer Relationship Officer, Sr. Executive in Agartala

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 Jul 2019

3.0

for Salary and Benefits

Likes

Good experience in last 4 and half years. People are so careing. But job profile change day by day due need of organization. Some time it's can be effect in works load for extra work.

Skill development - Good

+1 more

Dislikes

Major problem not issues, but sometimes when change responsibilities it can't be exceptable for me. Because my job profile is operational but need of urgency organization pressure to sales.

Customer Relation Officer in Vijayawada

Customer Success, Service & Operations Department

3.0

• posted on 05 Mar 2019

3.0

for Salary and Benefits

Likes

Cool job.

Work satisfaction - Good

+2 more

Dislikes

Customers believe the peer less closed some co companies closed but PFPDL working.Many agents there but limited agents give the policies.Peer less isn't principal company only national taiup of principal companies.

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Peerless Financial Products Distribution Sales Manager Salary FAQs

What is the salary of Sales Manager at Peerless Financial Products Distribution ?

The average salary of a Sales Manager at Peerless Financial Products Distribution in India typically ranges from ₹2.6 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Sales Manager at Peerless Financial Products Distribution earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Sales Manager Salaries at Peerless Financial Products Distribution 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 4 Peerless Financial Products Distribution employees in India.

What is the estimated take home salary of a Sales Manager at Peerless Financial Products Distribution in India?

The estimated take-home salary of a Sales Manager at Peerless Financial Products Distribution in India typically ranges from ₹20,896 to ₹22,546 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 2 years to 6 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 4 salaries received from various employees of Peerless Financial Products Distribution. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Peerless Financial Products Distribution for Sales Manager in India?

Tata AIA Life Insurance	₹2.4 Lakhs to ₹9.3 Lakhs per year
Alliance Insurance Brokers	₹2.9 Lakhs to ₹6.5 Lakhs per year
Europ Assistance India	₹4.6 Lakhs to ₹5.5 Lakhs per year
Coverfox	₹3.3 Lakhs to ₹6.0 Lakhs per year
Spectrum Insurance Distribution	₹2.9 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Peerless Financial Products Distribution, depending on the role and experience level.

What is the salary of a Sales Manager in companies similar to Peerless Financial Products Distribution in India?

The salary of a Sales Manager at companies similar to Peerless Financial Products Distribution in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Robinhood Insurance Broker	₹4.0 Lakhs to ₹4.5 Lakhs per year
SBI Life Insurance Company	₹1.2 Lakhs to ₹5.6 Lakhs per year
Bajaj Allianz Life Insurance	₹1.9 Lakhs to ₹7.0 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 Sales Manager at Peerless Financial Products Distribution in India?

The salary growth for a Sales Manager at Peerless Financial Products Distribution depends on factors such as experience, performance, and promotions. On average, a Sales Manager can expect the following growth trajectory at Peerless Financial Products Distribution:

Experience	Average Salary Range
2 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
6 years	₹2.9 Lakhs to ₹3.7 Lakhs per year

and so on.

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Peerless Financial Products Distribution Sales Manager Salaries

Peerless Financial Products Distribution Sales Manager salary in India ranges between ₹2.6 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Peerless Financial Products Distribution latest salaries received from various employees of Peerless Financial Products Distribution.