Royal Sundaram General Insurance Branch Manager Salaries by 10+ Employees (Updated 2024)

8 - 17 years exp.

₹5.5 Lakhs - ₹11 Lakhs

Salary of majority employees

At par with the average Branch Manager Salary in Insurance Companies for 8 - 17 years of experience

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Last Updated: 21 Dec 2024

Companies similar to Royal Sundaram General Insurance for Branch Manager in Sales & Business Development department

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Branch Manager Salary 5 - 18 years exp. (51 salaries)	₹6.9 L/yr - ₹12.5 L/yr 3% more	1 job opening
HDFC Ergo General Insurance Branch Manager Salary 8 - 18 years exp. (94 salaries)	₹5.3 L/yr - ₹12.8 L/yr 8% more	2 job openings
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Bajaj Allianz General Insurance Branch Manager Salary 9 - 13 years exp. (4 salaries)	₹6.5 L/yr - ₹12.5 L/yr 13% less
Reliance General Insurance Branch Manager Salary 9 - 17 years exp. (13 salaries)	₹5.2 L/yr - ₹13.5 L/yr 18% more
Tata AIG Branch Manager Salary 8 - 16 years exp. (18 salaries)	₹6.8 L/yr - ₹11.1 L/yr 1% more
Future Generali India Life Insurance Branch Manager Salary 6 - 19 years exp. (35 salaries)	₹5.3 L/yr - ₹16.8 L/yr 29% more	2 job openings
SBI General Insurance Branch Manager Salary 7 - 12 years exp. (4 salaries)	₹6.5 L/yr - ₹10.5 L/yr 14% less
Aditya Birla Health Insurance Co Branch Manager Salary 5 - 16 years exp. (63 salaries)	₹6.5 L/yr - ₹11.5 L/yr 9% less
Shriram General Insurance Branch Manager Salary 5 - 15 years exp. (57 salaries)	₹4 L/yr - ₹8.1 L/yr 27% less
Cholamandalam MS General Insurance Branch Manager Salary 4 - 11 years exp. (56 salaries)	₹3.1 L/yr - ₹7.4 L/yr 37% less
Max Life Insurance Branch Manager Salary 8 - 17 years exp. (47 salaries)	₹7.3 L/yr - ₹14 L/yr 16% more
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Bharti AXA Life Insurance Branch Manager Salary 6 - 18 years exp. (22 salaries)	₹6 L/yr - ₹10.2 L/yr 6% less
ManipalCigna Health Insurance Branch Manager Salary 7 - 16 years exp. (19 salaries)	₹5.5 L/yr - ₹10.5 L/yr 3% less
Edelweiss Life Insurance Branch Manager Salary 7 - 15 years exp. (17 salaries)	₹6.3 L/yr - ₹8.5 L/yr 20% less
Star Union Dai-ichi Life Insurance Branch Manager Salary 7 - 17 years exp. (16 salaries)	₹6.5 L/yr - ₹11 L/yr 1% more
Aviva Life Insurance India Branch Manager Salary 9 - 22 years exp. (14 salaries)	₹7.5 L/yr - ₹13.4 L/yr 18% more
Ageas Federal Life Insurance Branch Manager Salary 8 - 22 years exp. (7 salaries)	₹9.2 L/yr - ₹11.4 L/yr 26% more
IndiaFirst Life Insurance Branch Manager Salary 5 - 7 years exp. (3 salaries)	₹5 L/yr - ₹5.2 L/yr 43% less

Branch Manager salary at Royal Sundaram General Insurance ranges between ₹5.5 Lakhs to ₹11 Lakhs per year for employees with experience between 8 years to 17 years. Salary estimates are based on 13 latest salaries received from various employees of Royal Sundaram General Insurance.

Latest annual salaries shared by Royal Sundaram General Insurance Branch Manager in Sales & Business Development department

3d ago

13 years exp.

6d ago

15 years exp.

4mo ago

9 years exp.

9mo ago

17 years exp.

10mo ago

12 years exp.

10mo ago

8 years exp.

11mo ago

11 years exp.

1y ago

8 years exp.

1y ago

8 years exp.

1y ago

9 years exp.

Experience wise Royal Sundaram General Insurance Branch Manager salaries in Sales & Business Development department

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹14.9 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹8.4 L/yr
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10 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹15.3 L/yr
11 years (3 salaries)	₹5.5 L/yr - ₹15.6 L/yr
12 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹15.8 L/yr
13 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹11 L/yr
14 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.4 L/yr
15+ years (3 salaries)	₹8.8 L/yr - ₹10 L/yr

View all

Similar Designation salaries in Royal Sundaram General Insurance

Area Manager Salary

(7 salaries)

₹9 L/yr - ₹18.5 L/yr

Sales Manager Salary

(14 salaries)

₹3 L/yr - ₹7.18 L/yr

Branch Incharge Salary

(6 salaries)

₹6.01 L/yr - ₹12.2 L/yr

Branch Head Salary

(8 salaries)

₹7 L/yr - ₹12 L/yr

Deputy Manager Salary

(11 salaries)

₹12 L/yr - ₹17.39 L/yr

Branch Sales Manager Salary

(3 salaries)

₹8.2 L/yr - ₹12.1 L/yr

Operations Manager Salary

(4 salaries)

₹1.94 L/yr - ₹5 L/yr

Area Sales Manager Salary

(79 salaries)

₹5.5 L/yr - ₹14.64 L/yr

Territory Manager Salary

(40 salaries)

₹3 L/yr - ₹7.2 L/yr

Relationship Manager Salary

(10 salaries)

₹3 L/yr - ₹5.5 L/yr

Salary related reviews for Royal Sundaram General Insurance

3.0

Rated by 3 employees for salary & benefits

Branch Incharge in Pune

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

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

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.

Dislikes

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

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

Dislikes

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

Branch Incharge in Visakhapatnam

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

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 .

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

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

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Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Royal Sundaram General Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at Royal Sundaram General Insurance in Sales & Business Development department?

Branch Manager salary at Royal Sundaram General Insurance in Sales & Business Development department in India ranges between ₹5.5 Lakhs to ₹11.0 Lakhs for experience between 8 years to 17 years. According to our estimates it is 4% less than the average Branch Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Royal Sundaram General Insurance India in Sales & Business Development department.

How does the salary of a Branch Manager at Royal Sundaram General Insurance India in Sales & Business Development department compare with the average salary range for this job?

The average salary of a Branch Manager at Royal Sundaram General Insurance in Sales & Business Development department is 4% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Royal Sundaram General Insurance to a Branch Manager in Sales & Business Development department in India?

Future Generali India Life Insurance Branch Manager Salary - ₹5.3 Lakhs to ₹16.8 Lakhs per year
Ageas Federal Life Insurance Branch Manager Salary - ₹9.2 Lakhs to ₹11.4 Lakhs per year
Aviva Life Insurance India Branch Manager Salary - ₹7.5 Lakhs to ₹13.4 Lakhs per year
Reliance General Insurance Branch Manager Salary - ₹5.2 Lakhs to ₹13.5 Lakhs per year
Max Life Insurance Branch Manager Salary - ₹7.3 Lakhs to ₹14.0 Lakhs per year

What is the salary of a Branch Manager in Sales & Business Development department in companies similar to Royal Sundaram General Insurance in India?

HDFC Ergo General Insurance Branch Manager Salary - ₹5.3 Lakhs to ₹12.8 Lakhs per year
ICICI Lombard General Insurance Company Branch Manager Salary - ₹6.9 Lakhs to ₹12.5 Lakhs per year
Tata AIG Branch Manager Salary - ₹6.8 Lakhs to ₹11.1 Lakhs per year
Star Union Dai-ichi Life Insurance Branch Manager Salary - ₹6.5 Lakhs to ₹11.0 Lakhs per year
ManipalCigna Health Insurance Branch Manager Salary - ₹5.5 Lakhs to ₹10.5 Lakhs per year

What is the estimated take home salary of a Branch Manager in Sales & Business Development department at Royal Sundaram General Insurance in India?

The estimated take-home salary of a Branch Manager in Sales & Business Development department at Royal Sundaram General Insurance ranges between ₹64,713 per month to ₹66,363 per month in India. The take-home salary calculation is based on the average Royal Sundaram General Insurance Branch Manager salary in India which ranges between ₹5.5 Lakhs to ₹11.0 Lakhs per year for employees with experience between 8 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager in Sales & Business Development department at Royal Sundaram General Insurance?

According to AmbitionBox, 42% of the Royal Sundaram General Insurance Branch Managers in Sales & Business Development department reported a notice period of 2 Months, 33% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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Royal Sundaram General Insurance Branch Manager Salaries by Location

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Royal Sundaram General Insurance Branch Manager Salaries in Sales & Business Development

Royal Sundaram General Insurance Branch Manager salary in Sales & Business Development department in India ranges between ₹5.5 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.

Royal Sundaram General Insurance Branch Manager salaries in Sales & Business Development in India

Companies similar to Royal Sundaram General Insurance for Branch Manager in Sales & Business Development department

Latest annual salaries shared by Royal Sundaram General Insurance Branch Manager in Sales & Business Development department

Experience wise Royal Sundaram General Insurance Branch Manager salaries in Sales & Business Development department

Similar Designation salaries in Royal Sundaram General Insurance

Salary related reviews for Royal Sundaram General Insurance

Branch Incharge in Pune

Sales Manager in Tirunelveli

Sales Officer in Mumbai

Branch Incharge in Visakhapatnam

Territory Manager in New Delhi

Royal Sundaram General Insurance Branch Manager Salary FAQs

Tell us how to improve this page.

Royal Sundaram General Insurance Branch Manager Salaries by Location