Royal Sundaram General Insurance Territory Manager Salaries by 30+ Employees (Updated 2025)

3 - 16 years exp.

₹3 Lakhs - ₹7.2 Lakhs

Salary of majority employees

30% less than the average Territory Manager Salary in Insurance Companies for 3 - 16 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Territory Manager Salary 3 - 16 years exp. (16 salaries)	₹3 L/yr - ₹7.2 L/yr
Sales & Business Development Territory Manager Salary 5 - 13 years exp. (9 salaries)	₹3.7 L/yr - ₹6.5 L/yr
Login to view exact salary
Marketing & Communication Territory Manager Salary 7 - 16 years exp. (4 salaries)	₹4.1 L/yr - ₹6.2 L/yr
Customer Success, Service & Operations Territory Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹5.5 L/yr

Last Updated: 2 Feb 2025

Companies similar to Royal Sundaram General Insurance for Territory Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Territory Manager Salary 1 - 15 years exp. (42 salaries)	₹5.6 L/yr - ₹14 L/yr 75% more
HDFC Ergo General Insurance Territory Manager Salary 5 - 18 years exp. (18 salaries)	₹4 L/yr - ₹10 L/yr 34% more
Login to view exact salary
Bajaj Allianz General Insurance Territory Manager Salary 2 - 14 years exp. (303 salaries)	₹2.4 L/yr - ₹7 L/yr 1% less
Reliance General Insurance Territory Manager Salary 8 - 20 years exp. (40 salaries)	₹6.5 L/yr - ₹13 L/yr 93% more
Tata AIG Territory Manager Salary 3 - 8 years exp. (4 salaries)	₹4.5 L/yr - ₹5.3 L/yr 4% less
SBI General Insurance Territory Manager Salary 16 - 19 years exp. (3 salaries)	₹5.2 L/yr - ₹9.3 L/yr 26% more
Star Union Dai-ichi Life Insurance Territory Manager Salary 5 - 14 years exp. (165 salaries)	₹4.9 L/yr - ₹11.2 L/yr 33% more	1 job opening
Edelweiss Life Insurance Territory Manager Salary 0 - 20 years exp. (62 salaries)	₹5 L/yr - ₹8.5 L/yr 33% more	1 job opening
Aviva Life Insurance India Territory Manager Salary 5 - 14 years exp. (56 salaries)	₹5.4 L/yr - ₹10.1 L/yr 39% more	1 job opening
Max Life Insurance Territory Manager Salary 10 - 18 years exp. (39 salaries)	₹7.5 L/yr - ₹19 L/yr 165% more
Cholamandalam MS General Insurance Territory Manager Salary 11 - 15 years exp. (35 salaries)	₹5 L/yr - ₹11 L/yr 53% more
Login to view exact salary
Ageas Federal Life Insurance Territory Manager Salary 9 - 18 years exp. (19 salaries)	₹11 L/yr - ₹15.9 L/yr 134% more	1 job opening
MetLife Territory Manager Salary 7 - 14 years exp. (4 salaries)	₹6 L/yr - ₹8.7 L/yr 43% more
Digit Insurance Territory Manager Salary 15 - 23 years exp. (5 salaries)	₹5.7 L/yr - ₹9.2 L/yr 41% more	16 job openings
Allianz Partners Territory Manager Salary 4 - 6 years exp. (3 salaries)	₹4 L/yr - ₹4.1 L/yr 23% less
Bharti AXA Life Insurance Territory Manager Salary 5 - 10 years exp. (3 salaries)	₹5.8 L/yr - ₹7.5 L/yr 30% more
Shriram General Insurance Territory Manager Salary 11 - 17 years exp. (3 salaries)	₹3.1 L/yr - ₹9.5 L/yr 16% more

Territory Manager salary at Royal Sundaram General Insurance ranges between ₹3 Lakhs to ₹7.2 Lakhs per year for employees with experience between 3 years to 16 years. Salary estimates are based on 37 latest salaries received from various employees of Royal Sundaram General Insurance.

Experience wise Royal Sundaram General Insurance Territory Manager salaries

Last Updated: 2 Feb 2025

Experience	Avg Annual Salary
3 years (4 salaries)	₹3 L/yr - ₹8.8 L/yr
4 years (3 salaries)	₹4 L/yr - ₹8.9 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹6 L/yr
6 years (3 salaries)	₹5 L/yr - ₹6 L/yr
7 years (5 salaries)	₹4.3 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.5 L/yr
9 years (3 salaries)	₹4.1 L/yr - ₹5.8 L/yr
10 years (7 salaries)	₹4.1 L/yr - ₹7.2 L/yr
11 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹9.5 L/yr
12 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹6.9 L/yr
13 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6.5 L/yr
14 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
15+ years (4 salaries)	₹2.2 L/yr - ₹6.2 L/yr

View all

Similar Designation salaries in Royal Sundaram General Insurance

Territory Sales Manager Salary

(331 salaries)

₹2.7 L/yr - ₹7.25 L/yr

Deputy Manager Salary

(11 salaries)

₹12 L/yr - ₹17.39 L/yr

Senior Territory Manager Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Area Manager Salary

(7 salaries)

₹9 L/yr - ₹18.5 L/yr

Territory Business Manager Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Area Sales Manager Salary

(79 salaries)

₹5.5 L/yr - ₹14 L/yr

Sales Manager Salary

(14 salaries)

₹3 L/yr - ₹7.18 L/yr

Territory Sales Incharge Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Senior Sales Manager Salary

(3 salaries)

₹3.8 L/yr - ₹5.6 L/yr

Relationship Manager Salary

(10 salaries)

₹3 L/yr - ₹5.5 L/yr

Salary related reviews for Royal Sundaram General Insurance

3.6

Rated by 17 employees for salary & benefits

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.

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

Got a question about Royal Sundaram General Insurance?

Ask anonymously on communities.

Royal Sundaram General Insurance Territory Manager Salary FAQs

What is the salary of Territory Manager at Royal Sundaram General Insurance?

Territory Manager salary at Royal Sundaram General Insurance in India ranges between ₹3.0 Lakhs to ₹7.2 Lakhs for experience between 3 years to 16 years. According to our estimates it is 30% less than the average Territory Manager Salary in India. Salary estimates are based on 37 latest salaries received from various employees of Royal Sundaram General Insurance India.

How does the salary of a Territory Manager at Royal Sundaram General Insurance India compare with the average salary range for this job?

The average salary of a Territory Manager at Royal Sundaram General Insurance is 30% less than the average salary of a Territory Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Royal Sundaram General Insurance to a Territory Manager in India?

Max Life Insurance Territory Manager Salary - ₹7.5 Lakhs to ₹19.0 Lakhs per year
Ageas Federal Life Insurance Territory Manager Salary - ₹11.0 Lakhs to ₹15.9 Lakhs per year
Reliance General Insurance Territory Manager Salary - ₹6.5 Lakhs to ₹13.0 Lakhs per year
ICICI Lombard General Insurance Company Territory Manager Salary - ₹5.6 Lakhs to ₹14.0 Lakhs per year
Cholamandalam MS General Insurance Territory Manager Salary - ₹5.0 Lakhs to ₹11.0 Lakhs per year

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

MetLife Territory Manager Salary - ₹6.0 Lakhs to ₹8.7 Lakhs per year
Digit Insurance Territory Manager Salary - ₹5.7 Lakhs to ₹9.2 Lakhs per year
Aviva Life Insurance India Territory Manager Salary - ₹5.4 Lakhs to ₹10.1 Lakhs per year
HDFC Ergo General Insurance Territory Manager Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
Star Union Dai-ichi Life Insurance Territory Manager Salary - ₹4.9 Lakhs to ₹11.2 Lakhs per year

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

The estimated take-home salary of a Territory Manager at Royal Sundaram General Insurance ranges between ₹39,157 per month to ₹40,334 per month in India. The take-home salary calculation is based on the average Royal Sundaram General Insurance Territory Manager salary in India which ranges between ₹3.0 Lakhs to ₹7.2 Lakhs per year for employees with experience between 3 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Territory Manager at Royal Sundaram General Insurance?

According to AmbitionBox, 47% of the Royal Sundaram General Insurance Territory Managers reported a notice period of 3 Months, 26% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Royal Sundaram General Insurance Territory Manager Salaries by Location

Home >
Salaries >
Royal Sundaram General Insurance Salaries >
Royal Sundaram General Insurance Territory Manager Salaries

Royal Sundaram General Insurance Territory Manager salary in India ranges between ₹3 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 37 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.

Royal Sundaram General Insurance Territory Manager salaries in India

Companies similar to Royal Sundaram General Insurance for Territory Manager

Latest annual salaries shared by Royal Sundaram General Insurance Territory Manager

Experience wise Royal Sundaram General Insurance Territory Manager salaries

Similar Designation salaries in Royal Sundaram General Insurance

Salary related reviews for Royal Sundaram General Insurance

Territory Manager in New Delhi

Territory Manager in New Delhi

Territory Sales Manager in Kolkata

Sales Manager in Tirunelveli

Sales Officer in Mumbai

Royal Sundaram General Insurance Territory Manager Salary FAQs

Tell us how to improve this page.

Royal Sundaram General Insurance Territory Manager Salaries by Location