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Royal Sundaram General Insurance Branch Head salaries in India

Annual salary range
9 - 16 years exp.
₹7 Lakhs - ₹12 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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At par with the average Branch Head Salary in Insurance Companies for 9 - 16 years of experience

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Salaries in different departments

Sales & Business Development
Branch Head Salary
9 - 16 years exp. (6 salaries)
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₹7 L/yr - ₹11.5 L/yr

BFSI, Investments & Trading
Branch Head Salary
12 years exp. (AmbitionBox Estimate)
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₹11 L/yr - ₹13.3 L/yr

Last Updated: 8 Sep 2024

Companies similar to Royal Sundaram General Insurance for Branch Head

Company name Avg Annual Salary Open Jobs
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Edelweiss Life Insurance Branch Head Salary

13 - 22 years exp. (50 salaries)

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₹7 L/yr - ₹17.5 L/yr

arrow icon 14% more
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Ageas Federal Life Insurance Branch Head Salary

9 - 20 years exp. (37 salaries)

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₹7 L/yr - ₹13.7 L/yr

arrow icon 6% less
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Aviva Life Insurance India Branch Head Salary

5 - 20 years exp. (24 salaries)

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₹8.3 L/yr - ₹17.6 L/yr

arrow icon 21% more
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₹6.7 L/yr - ₹13 L/yr

arrow icon 13% less
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Axis Max Life Insurance Branch Head Salary

11 - 20 years exp. (21 salaries)

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₹9 L/yr - ₹17 L/yr

arrow icon 22% more
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Magma HDI General Insurance Branch Head Salary

4 - 17 years exp. (21 salaries)

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₹8 L/yr - ₹11 L/yr

arrow icon 4% less
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₹8.6 L/yr - ₹19.8 L/yr

arrow icon 24% more
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Bharti AXA Life Insurance Branch Head Salary

10 - 19 years exp. (17 salaries)

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₹7.5 L/yr - ₹13.5 L/yr

arrow icon 14% less
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Aegon Life Insurance Branch Head Salary

8 - 20 years exp. (5 salaries)

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₹7.3 L/yr - ₹12.8 L/yr

arrow icon 7% more
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₹7.8 L/yr - ₹16.9 L/yr

arrow icon 22% more
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SBI General Insurance Branch Head Salary

10 - 19 years exp. (4 salaries)

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₹10.2 L/yr - ₹22.5 L/yr

arrow icon 54% more
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₹2 L/yr - ₹5.5 L/yr

arrow icon 67% less
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₹8 L/yr - ₹9.5 L/yr

arrow icon 16% less
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₹5.3 L/yr - ₹7.4 L/yr

arrow icon 35% less
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Shriram General Insurance Branch Head Salary

8 - 16 years exp. (4 salaries)

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₹6 L/yr - ₹6.7 L/yr

arrow icon 36% less
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Liberty General Insurance Branch Head Salary

9 - 14 years exp. (3 salaries)

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₹6.7 L/yr - ₹10.4 L/yr

arrow icon 12% less
Branch Head salary at Royal Sundaram General Insurance ranges between ₹7 Lakhs to ₹12 Lakhs per year for employees with experience between 9 years to 16 years. Salary estimates are based on 10 latest salaries received from various employees of Royal Sundaram General Insurance.

Latest annual salaries shared by Royal Sundaram General Insurance Branch Head

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16 years exp.
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15 years exp.
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14 years exp.
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10 years exp.
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15 years exp.
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16 years exp.
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9 years exp.
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14 years exp.
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15 years exp.

Experience wise Royal Sundaram General Insurance Branch Head salaries

Last Updated: 8 Sep 2024

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹18 L/yr
10 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹18.2 L/yr
11 years (AmbitionBox Estimate)

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₹9.1 L/yr - ₹11.7 L/yr
12 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹11 L/yr
13 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.8 L/yr
View all

Similar Designation salaries in Royal Sundaram General Insurance

Area Head Salary
(5 salaries)
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₹11 L/yr - ₹15.25 L/yr
Branch Manager Salary
(24 salaries)
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₹4.5 L/yr - ₹11 L/yr
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₹6.01 L/yr - ₹12.2 L/yr
Cluster Head Salary
(4 salaries)
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₹5.85 L/yr - ₹16 L/yr
Area Manager Salary
(7 salaries)
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₹9 L/yr - ₹18.5 L/yr
Sales Manager Salary
(18 salaries)
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₹1.8 L/yr - ₹8.87 L/yr
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₹8.2 L/yr - ₹12.1 L/yr
Sales Officer Salary
(24 salaries)
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₹1 L/yr - ₹4.6 L/yr
Deputy Manager Salary
(11 salaries)
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₹12 L/yr - ₹17.39 L/yr
Sales Executive Salary
(26 salaries)
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₹1.5 L/yr - ₹5 L/yr

Salary related reviews for Royal Sundaram General Insurance

1.2

Rated by 6 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 12 Sep 2023

1.0
 for  Salary and Benefits

Likes

Trust they have on team earlier Earlier we have freedom

  • Job security - Good

Dislikes

...ays...my father was admitted under serious condition finally I lost my father...I worked during period while from Hospital which was known to reporting manager and later my 40 days salary was deducted which was done intentionally and no one supported no one asked me while leaving....I feel very bad of spending my 6+ years with organisation....I was really frustrated during the phase...I have all the evidence

read more
  • Salary - Bad
  • +3 more

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.

read more
  • 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.

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  • Promotions - Poor

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

read more
  • 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

read more
  • Salary - Poor

BFSI, Investments & Trading Department

5.0
  •  posted on 04 Jul 2020

4.0
 for  Salary and Benefits

Likes

It has been pleasure to work in this beautiful organization But I faced few things which has to improve in the organization

read more
  • Salary - Good
  • +4 more

Dislikes

Every where it's common point of internal politics, I am facing here the same, coming to salary it's depends our safety and satisfaction, in this company there was no scope to raise the voice against some internal things, which need to be more important to correct guidance, Grade promotions coming very late even we have achieved our annual targets in the positive growth situation .

read more

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

read more
  • Skill development - Poor
  • +2 more
see more salary related reviews

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Royal Sundaram General Insurance Branch Head Salary FAQs

What is the salary of Branch Head at Royal Sundaram General Insurance ?
The average salary of a Branch Head at Royal Sundaram General Insurance in India typically ranges from ₹7.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 9 years to 16 years).

The top 10% of Branch Head at Royal Sundaram General Insurance earn more than ₹11.8 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Branch Head 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 10 Royal Sundaram General Insurance employees in India.
What is the estimated take home salary of a Branch Head at Royal Sundaram General Insurance in India?
The estimated take-home salary of a Branch Head at Royal Sundaram General Insurance in India typically ranges from ₹74,911 to ₹76,849 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 9 years to 16 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 10 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 Branch Head in India?
SBI General Insurance ₹10.2 Lakhs to ₹22.5 Lakhs per year
Future Generali India Life Insurance ₹8.6 Lakhs to ₹19.8 Lakhs per year
Universal Sompo General Insurance ₹7.8 Lakhs to ₹16.9 Lakhs per year
Axis Max Life Insurance ₹9.0 Lakhs to ₹17.0 Lakhs per year
Aviva Life Insurance India ₹8.3 Lakhs to ₹17.6 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 Branch Head in companies similar to Royal Sundaram General Insurance in India?
The salary of a Branch Head 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:

Edelweiss Life Insurance ₹7.0 Lakhs to ₹17.5 Lakhs per year
Aegon Life Insurance ₹7.3 Lakhs to ₹12.8 Lakhs per year
Magma HDI General Insurance ₹8.0 Lakhs to ₹11.0 Lakhs per year
Ageas Federal Life Insurance ₹7.0 Lakhs to ₹13.7 Lakhs per year
Liberty General Insurance ₹6.7 Lakhs to ₹10.4 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 Branch Head at Royal Sundaram General Insurance in India?
The salary growth for a Branch Head at Royal Sundaram General Insurance depends on factors such as experience, performance, and promotions. On average, a Branch Head can expect the following growth trajectory at Royal Sundaram General Insurance:

Experience Average Salary Range
9 years ₹7.2 Lakhs to ₹18.0 Lakhs per year
10 years ₹8.5 Lakhs to ₹18.2 Lakhs per year
11 years ₹9.1 Lakhs to ₹11.7 Lakhs per year
12 years ₹4.1 Lakhs to ₹11.0 Lakhs per year
and so on.

Tell us how to improve this page.

Royal Sundaram General Insurance Branch Head salary in India ranges between ₹7 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.