Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary14% less than the average Branch Manager Salary in Insurance Companies for 6 - 17 years of experience
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Salaries in different departments
Sales & Business Development
Branch Manager Salary
6 - 17
years
exp.
(14
salaries)
|  ₹4.5 L/yr - ₹11 L/yr |
BFSI, Investments & Trading
Branch Manager Salary
6 - 17
years
exp.
(5
salaries)
| ₹5.1 L/yr - ₹11 L/yr |
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| |
Marketing & Communication
Branch Manager Salary
10
years
exp.
(AmbitionBox Estimate)
| ₹8.7 L/yr - ₹9.5 L/yr |
Companies similar to Royal Sundaram General Insurance for Branch Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Cholamandalam MS General Insurance Branch Manager Salary
3 - 10 years exp. (202 salaries) | ₹2.9 L/yr - ₹8.8 L/yr 
32%
less | |
 Shriram General Insurance Branch Manager Salary
6 - 15 years exp. (173 salaries) | ₹3.2 L/yr - ₹8.5 L/yr
19%
less | |
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| ||
 Aditya Birla Health Insurance Co Branch Manager Salary
5 - 16 years exp. (158 salaries) | ₹5 L/yr - ₹12 L/yr 
11%
more | |
 Axis Max Life Insurance Branch Manager Salary
8 - 19 years exp. (140 salaries) | ₹7 L/yr - ₹14 L/yr
34%
more | 3 job openings |
 Future Generali India Life Insurance Branch Manager Salary
7 - 19 years exp. (114 salaries) | ₹5 L/yr - ₹16.3 L/yr
24%
more | 2 job openings |
 Bharti AXA Life Insurance Branch Manager Salary
7 - 18 years exp. (72 salaries) | ₹5 L/yr - ₹12 L/yr
3%
more | |
 Edelweiss Life Insurance Branch Manager Salary
8 - 14 years exp. (50 salaries) | ₹5.7 L/yr - ₹8.5 L/yr
12%
less | |
 ManipalCigna Health Insurance Branch Manager Salary
7 - 17 years exp. (47 salaries) | ₹4.8 L/yr - ₹10.5 L/yr
1%
more | 1 job opening |
 Star Union Dai-ichi Life Insurance Branch Manager Salary
7 - 18 years exp. (42 salaries) | ₹5.5 L/yr - ₹11.5 L/yr
12%
more | 2 job openings |
 Aviva Life Insurance India Branch Manager Salary
7 - 22 years exp. (39 salaries) | ₹7 L/yr - ₹15 L/yr
26%
more | |
 Universal Sompo General Insurance Branch Manager Salary
10 - 17 years exp. (26 salaries) | ₹8 L/yr - ₹14.2 L/yr
33%
more | |
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| ||
 Bajaj Capital Insurance Branch Manager Salary
3 - 10 years exp. (16 salaries) | ₹2.9 L/yr - ₹4.5 L/yr
55%
less | |
 Ageas Federal Life Insurance Branch Manager Salary
8 - 22 years exp. (11 salaries) | ₹7 L/yr - ₹12 L/yr
26%
more | |
 Magma HDI General Insurance Branch Manager Salary
8 - 19 years exp. (11 salaries) | ₹5 L/yr - ₹9.3 L/yr
5%
less | |
 SBI General Insurance Branch Manager Salary
7 - 12 years exp. (7 salaries) | ₹6.5 L/yr - ₹10.5 L/yr
1%
less | |
 IndiaFirst Life Insurance Branch Manager Salary
6 - 18 years exp. (6 salaries) | ₹4.2 L/yr - ₹7.5 L/yr
27%
less | |
 Medi Assist India Branch Manager Salary
7 - 13 years exp. (6 salaries) | ₹4.3 L/yr - ₹13.6 L/yr At par | |
 Aegon Life Insurance Branch Manager Salary
10 - 13 years exp. (5 salaries) | ₹5.1 L/yr - ₹13.2 L/yr
2%
more | |
Latest annual salaries shared by Royal Sundaram General Insurance Branch Manager
Experience wise Royal Sundaram General Insurance Branch Manager salaries
Last Updated: 12 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 6 years (AmbitionBox Estimate) |
₹4.5
L/yr
- ₹12.9
L/yr
|
| 7 years (AmbitionBox Estimate) |
₹6.6
L/yr
- ₹8.4
L/yr
|
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| |
| 8 years (3 salaries) |
₹5.6
L/yr
- ₹8.2
L/yr
|
| 9 years (3 salaries) |
₹6.1
L/yr
- ₹9.2
L/yr
|
| 10 years (3 salaries) |
₹6.1
L/yr
- ₹9.5
L/yr
|
Similar Designation salaries in Royal Sundaram General Insurance
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Royal Sundaram General Insurance Branch Manager Salary FAQs
The top 10% of Branch Manager at Royal Sundaram General Insurance earn more than ₹10.1 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Branch Manager 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 20+ Royal Sundaram General Insurance employees in India.
| Axis Max Life Insurance | ₹7.0 Lakhs to ₹14.0 Lakhs per year |
| Universal Sompo General Insurance | ₹8.0 Lakhs to ₹14.2 Lakhs per year |
| Ageas Federal Life Insurance | ₹7.0 Lakhs to ₹12.0 Lakhs per year |
| Aviva Life Insurance India | ₹7.0 Lakhs to ₹15.0 Lakhs per year |
| Future Generali India Life Insurance | ₹5.0 Lakhs to ₹16.3 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.
| Star Union Dai-ichi Life Insurance | ₹5.5 Lakhs to ₹11.5 Lakhs per year |
| Aditya Birla Health Insurance Co | ₹5.0 Lakhs to ₹12.0 Lakhs per year |
| Bharti AXA Life Insurance | ₹5.0 Lakhs to ₹12.0 Lakhs per year |
| Aegon Life Insurance | ₹5.1 Lakhs to ₹13.2 Lakhs per year |
| ManipalCigna Health Insurance | ₹4.8 Lakhs to ₹10.5 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.
| Experience | Average Salary Range |
|---|---|
| 6 years | ₹4.5 Lakhs to ₹12.9 Lakhs per year |
| 7 years | ₹6.6 Lakhs to ₹8.4 Lakhs per year |
| 8 years | ₹5.6 Lakhs to ₹8.2 Lakhs per year |
| 9 years | ₹6.1 Lakhs to ₹9.2 Lakhs per year |
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Royal Sundaram General Insurance Branch Manager Salaries by Location
- Royal Sundaram General Insurance Branch Manager salaries in Karimnagar
- Royal Sundaram General Insurance Branch Manager salaries in Kochi
- Royal Sundaram General Insurance Branch Manager salaries in Gulbarga
- Royal Sundaram General Insurance Branch Manager salaries in New Delhi
- Royal Sundaram General Insurance Branch Manager salaries in Jalandhar
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Royal Sundaram General Insurance Branch Manager salary
in
India
ranges between ₹4.5
Lakhs to ₹11
Lakhs with an average annual salary of
₹. Salary estimates are based on
24
Royal Sundaram General Insurance latest salaries received from various employees of
Royal Sundaram General Insurance.