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Royal Sundaram General Insurance BFSI, Investments & Trading Department Salaries in Mumbai

based on 65 latest salaries
Designation Avg Annual Salary Open Jobs
8 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8.1 L/yr

16 years exp. · Mumbai (AmbitionBox Estimate)
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₹7.3 L/yr - ₹14.5 L/yr

14 years exp. · Mumbai (AmbitionBox Estimate)
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₹13.3 L/yr - ₹19.4 L/yr

13 years exp. · Mumbai (AmbitionBox Estimate)
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₹12.1 L/yr - ₹15.4 L/yr

9 years exp. · Mumbai (AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr

2 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.5 L/yr - ₹10.8 L/yr

4 years exp. · Mumbai (AmbitionBox Estimate)
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₹10.7 L/yr - ₹13.7 L/yr

11 years exp. · Mumbai (AmbitionBox Estimate)
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₹12.7 L/yr - ₹18.5 L/yr

5 - 17 years exp. · Mumbai (6 salaries)
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₹4.5 L/yr - ₹7.6 L/yr

3 - 11 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.1 L/yr - ₹6.2 L/yr

Last Updated: 29 Nov, 2024

Salary related reviews for Royal Sundaram General Insurance

3.3

Rated by 23 employees for salary & benefits

BFSI, Investments & Trading Department

5.0
  •  posted on 10 Aug 2020

5.0
 for  Salary and Benefits

Likes

...dly HR team in the country. Employee safety and security is of highest priority. No salary reduction or forced separation of employees during these trying times. Truly an organisation where you would love to be a career employee.

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Dislikes

How can you dislike a place which is perhaps only next to your own home in employee care and concern ?

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 19 Apr 2023

2.0
 for  Salary and Benefits

Likes

Work balance is quite good and no eager deadlines.

Dislikes

...posting. No policy for getting promotion within team within specific criteria. Appraisal cycle is worst and no clarity every year about bonus even salary hike too. It is also true that in this company higher management does not coperate with lower level staff.

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 04 Aug 2021

2.0
 for  Salary and Benefits

Likes

...oyal Sundaram, your job is absolutely secured, but the growth is very very poor. You will be giving your best for a low package altogether. Otherwise the company is good to survive

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Dislikes

Salary and growth.

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.

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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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BFSI, Investments & Trading Department

3.0
  •  posted on 20 Apr 2022

2.0
 for  Salary and Benefits

Likes

...reason why we worked on all off days as well and that has now become a practice. We are made to work on weekends, given weekend targets, that too without pay. After working in dedicated manner for almost 6 years, i am awarded with financial stress, stagnancy, no development, stressful and abusive profession with no work -life balance. Altogether i regret my decision of joining Royal Sundaram.

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Dislikes

After dedicated efforts for years, leaving everything else for the sake of the targets, working on almost all weekends, i am left with no family, financial stress due to its poor remuneration, poor health due to work stress, lost all soft skills i had and finall left with no other career options. I regret my joining Royal Sundaram.

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Royal Sundaram General Insurance Salary FAQs

How much does Royal Sundaram General Insurance pay per year?
The average Royal Sundaram General Insurance salary ranges from approximately ₹0.8 Lakh to ₹3.6 Lakhs per year for a Policy Processing Officer and ₹22.8 Lakhs to ₹40 Lakhs per year for a Deputy General Manager. Salary estimates are based on 65 Royal Sundaram General Insurance salaries received from various employees of Royal Sundaram General Insurance. Royal Sundaram General Insurance employees rate the overall salary and benefits package 3.3/5 stars.
What is the highest salary in Royal Sundaram General Insurance?
The highest-paying job at Royal Sundaram General Insurance is a Deputy General Manager with a salary of ₹22.8 Lakhs to ₹40 Lakhs per year. The top 10% of employees earn more than ₹12.99 lakhs per year. The top 1% earn more than a whopping ₹42.07 lakhs per year.
What is the minimum salary in Royal Sundaram General Insurance?
Minimum salary at Royal Sundaram General Insurance depends on the role you are applying for. For Back Office Associate the minimum salary is ₹1.5 Lakh to ₹3.2 Lakhs per year, and for Associate the minimum salary is ₹1.5 Lakh to ₹4.4 Lakhs per year and so on.
What is the salary package for freshers in Royal Sundaram General Insurance?
The average salary at Royal Sundaram General Insurance for freshers is ₹2.8 Lakhs per year for Sales Officer.
What is the notice period at Royal Sundaram General Insurance in BFSI, Investments & Trading Department in Mumbai?
According to AmbitionBox, 62% of the Royal Sundaram General Insurance employees in BFSI, Investments & Trading Department in Mumbai reported a notice period of 3 Months, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 34 responses on AmbitionBox in last 2 years.

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Average annual salary in BFSI, Investments & Trading department at Royal Sundaram General Insurance , Mumbai is INRunlock blur . Salary estimates are based on 65 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.

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