Royal Sundaram General Insurance ASM Salaries by 4 Employees (Updated 2025)

8 - 12 years exp.

₹7 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

Fixed (90%)

₹7.7 Lakhs

Variable (10%)

₹0.8 Lakh

15% more than the average ASM Salary in Insurance Companies for 8 - 12 years of experience

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Salaries in different departments

Sales & Business Development ASM Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr
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Marketing & Communication ASM Salary 12 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.7 L/yr

Last Updated: 14 Mar 2025

Companies similar to Royal Sundaram General Insurance for ASM

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance ASM Salary 1 - 9 years exp. (115 salaries)	₹2.5 L/yr - ₹4.8 L/yr 56% less
Aditya Birla Health Insurance Co ASM Salary 1 - 6 years exp. (18 salaries)	₹2.2 L/yr - ₹4.5 L/yr 62% less
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Aviva Life Insurance India ASM Salary 0 - 10 years exp. (10 salaries)	₹2.1 L/yr - ₹3 L/yr 70% less
Bharti AXA Life Insurance ASM Salary 3 - 11 years exp. (5 salaries)	₹2.6 L/yr - ₹5 L/yr 54% less
Cholamandalam MS General Insurance ASM Salary 5 - 25 years exp. (4 salaries)	₹4.3 L/yr - ₹22 L/yr 14% more
ManipalCigna Health Insurance ASM Salary 5 - 11 years exp. (3 salaries)	₹4.5 L/yr - ₹8.3 L/yr 17% less

ASM salary at Royal Sundaram General Insurance ranges between ₹7 Lakhs to ₹10 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Royal Sundaram General Insurance.

Experience wise Royal Sundaram General Insurance ASM salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹10 L/yr - ₹10 L/yr
9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹10 L/yr
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10 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
11 years (AmbitionBox Estimate)	₹7 L/yr - ₹13.7 L/yr
12 years (AmbitionBox Estimate)	₹7 L/yr - ₹7 L/yr

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Relationship Manager Salary

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₹3 L/yr - ₹5.2 L/yr

State Head Salary

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Salary related reviews for Royal Sundaram General Insurance

3.0

Rated by 1 employees for salary & benefits

Territory Sales Manager in Kolkata

Full Time

Merchandising, Retail & eCommerce Department

1.0

• posted on 06 Feb 2024

4.0

for Salary and Benefits

Likes

Products are good to promote. Salary is good.

Salary - Good

Dislikes

HR is reactive and not supportive to employees. Management is not mature to run the show. No one is ready to listen new ideas. Induction has done after 89 days from joining.

Skill development - Bad

+4 more

Sales Manager in Tirunelveli

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 23 Jul 2023

3.0

for Salary and Benefits

Likes

Royal sundaram working environment & culture is very nice. Excellent customer support & one most unique of South based company.

Job security - Good

+1 more

Dislikes

...motion & appraisal top level only , minimum branch level manager & senior only . Field Managers got too low bonus amount & salary hike percentage every year.

Promotions - Poor

Sales Officer in Mumbai

Sales & Business Development Department

3.0

• posted on 15 Oct 2021

2.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Comapany policies are good,appraisals are fair and they give good salary hike

Skill development - Good

+2 more

Dislikes

There is a lot of politics and the management doesn't address our issues ,salary is decent but career growth is slow

Salary - Poor

Territory Manager in New Delhi

BFSI, Investments & Trading Department

4.0

• posted on 16 Apr 2018

4.0

for Salary and Benefits

Likes

Company is good in terms of salry and other benifit. For employee

Salary - Good

Dislikes

Salary and oter benifit is good but growth us slow. Pressure is very high.only few people have decision maker no discussion about market trend startegy etc service level in middle and upper level is not per expectations. Performance get unnoticed while getting appraisal

Skill development - Poor

+2 more

Territory Manager in New Delhi

sales Department

5.0

• posted on 05 May 2018

4.0

for Salary and Benefits

Likes

overall company is very Good for employee ,agents and customers . Management team,higher authority .Company Claim team ,product range. Company culture is very familiars.

Salary - Good

+6 more

Dislikes

...good but personally i missing Sales Incentive for Sales Force in Royal Sundaram. if company plan some monthly /yearly incentive or bonus.

see more salary related reviews

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Royal Sundaram General Insurance ASM Salary FAQs

What is the salary of ASM at Royal Sundaram General Insurance ?

The average salary of a ASM at Royal Sundaram General Insurance in India typically ranges from ₹7.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 8 years to 12 years).

The top 10% of ASM at Royal Sundaram General Insurance earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. ASM Salaries at Royal Sundaram 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 4 Royal Sundaram General Insurance employees in India.

What is the estimated take home salary of a ASM at Royal Sundaram General Insurance in India?

The estimated take-home salary of a ASM at Royal Sundaram General Insurance in India typically ranges from ₹62,309 to ₹63,891 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 8 years to 12 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 Royal Sundaram General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Royal Sundaram General Insurance for ASM in India?

Cholamandalam MS General Insurance

₹4.3 Lakhs to ₹22.0 Lakhs per year

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

What is the salary of a ASM in companies similar to Royal Sundaram General Insurance in India?

The salary of a ASM at companies similar to Royal Sundaram General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ManipalCigna Health Insurance	₹4.5 Lakhs to ₹8.3 Lakhs per year
Bharti AXA Life Insurance	₹2.6 Lakhs to ₹5.0 Lakhs per year
Axis Max Life Insurance	₹2.5 Lakhs to ₹4.8 Lakhs per year
Aditya Birla Health Insurance Co	₹2.2 Lakhs to ₹4.5 Lakhs per year
Aviva Life Insurance India	₹2.1 Lakhs to ₹3.0 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 ASM at Royal Sundaram General Insurance in India?

The salary growth for a ASM at Royal Sundaram General Insurance depends on factors such as experience, performance, and promotions. On average, a ASM can expect the following growth trajectory at Royal Sundaram General Insurance:

Experience	Average Salary Range
8 years	₹10.0 Lakhs to ₹10.0 Lakhs per year
9 years	₹3.8 Lakhs to ₹10.0 Lakhs per year
10 years	₹7.7 Lakhs to ₹9.8 Lakhs per year
11 years	₹7.0 Lakhs to ₹13.7 Lakhs per year

and so on.

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Royal Sundaram General Insurance ASM Salaries

Royal Sundaram General Insurance ASM salary in India ranges between ₹7 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.