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Royal Sundaram General Insurance Territory Manager salaries in India (Updated 2025)

Annual salary range
3 - 16 years exp.
₹3.7 Lakhs - ₹7.2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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33% less than the average Territory Manager Salary in Insurance Companies for 3 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Territory Manager Salary
3 - 16 years exp. (15 salaries)
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₹4.2 L/yr - ₹7.2 L/yr

Sales & Business Development
Territory Manager Salary
5 - 13 years exp. (8 salaries)
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₹4.3 L/yr - ₹6.5 L/yr

Marketing & Communication
Territory Manager Salary
7 - 16 years exp. (4 salaries)
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₹4.1 L/yr - ₹6.2 L/yr

Customer Success, Service & Operations
Territory Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹5 L/yr

Last Updated: 21 Mar 2025

Companies similar to Royal Sundaram General Insurance for Territory Manager

Company name Avg Annual Salary Open Jobs
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₹4.4 L/yr - ₹11.1 L/yr

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₹4.8 L/yr - ₹8.5 L/yr

arrow icon 35% more
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₹5.4 L/yr - ₹10.1 L/yr

arrow icon 41% more
2 job openings
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₹4.6 L/yr - ₹11 L/yr

arrow icon 55% more
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₹7 L/yr - ₹15 L/yr

arrow icon 128% more
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Axis Max Life Insurance Territory Manager Salary

10 - 18 years exp. (39 salaries)

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₹7.5 L/yr - ₹19 L/yr

arrow icon 163% more
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₹8.4 L/yr - ₹17.1 L/yr

arrow icon 152% more
1 job opening
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₹5.5 L/yr - ₹18 L/yr

arrow icon 128% more
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MetLife Territory Manager Salary

7 - 14 years exp. (4 salaries)

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₹6 L/yr - ₹8.7 L/yr

arrow icon 47% more
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Aegon Life Insurance Territory Manager Salary

6 - 15 years exp. (4 salaries)

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₹8.3 L/yr - ₹9.8 L/yr

arrow icon 81% more
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SBI General Insurance Territory Manager Salary

16 - 20 years exp. (4 salaries)

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₹5.2 L/yr - ₹9.3 L/yr

arrow icon 23% more
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Allianz Partners Territory Manager Salary

4 - 6 years exp. (3 salaries)

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₹4 L/yr - ₹4.1 L/yr

arrow icon 21% less
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₹5.8 L/yr - ₹7.5 L/yr

arrow icon 34% more
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₹3.6 L/yr - ₹6 L/yr

arrow icon 10% less
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₹3.1 L/yr - ₹9.5 L/yr

arrow icon 20% more
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₹4 L/yr - ₹13.5 L/yr

arrow icon 44% more
Territory Manager salary at Royal Sundaram General Insurance ranges between ₹3.7 Lakhs to ₹7.2 Lakhs per year for employees with experience between 3 years to 16 years. Salary estimates are based on 35 latest salaries received from various employees of Royal Sundaram General Insurance.

Latest annual salaries shared by Royal Sundaram General Insurance Territory Manager

3d ago
₹4.9 Lakhs
14 years exp.
1mo ago
₹4 Lakhs
4 years exp.
4mo ago
₹5.5 Lakhs
8 years exp.
6mo ago
₹5.5 Lakhs
7 years exp.
8mo ago
₹6 Lakhs
16 years exp.
1y ago
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12 years exp.
1y ago
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4 years exp.
1y ago
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15 years exp.
1y ago
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10 years exp.
1y ago
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9 years exp.

Experience wise Royal Sundaram General Insurance Territory Manager salaries

Last Updated: 21 Mar 2025

Experience Avg Annual Salary
3 years  (3 salaries)

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₹3.7 L/yr - ₹8.5 L/yr
4 years  (3 salaries)

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₹4 L/yr - ₹8.6 L/yr
5 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹6 L/yr
6 years  (3 salaries)

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₹2 L/yr - ₹6 L/yr
7 years  (5 salaries)

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₹4.3 L/yr - ₹5.5 L/yr
View all

Similar Designation salaries in Royal Sundaram General Insurance

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₹2.7 L/yr - ₹7.25 L/yr
Deputy Manager Salary
(11 salaries)
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₹12 L/yr - ₹17.39 L/yr
Senior Territory Manager Salary
(AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr
Area Manager Salary
(7 salaries)
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₹9 L/yr - ₹18.5 L/yr
Territory Business Manager Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
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₹5.5 L/yr - ₹14.64 L/yr
Sales Manager Salary
(18 salaries)
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₹1.8 L/yr - ₹8.87 L/yr
Territory Sales Incharge Salary
(AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.4 L/yr
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₹3.8 L/yr - ₹5.6 L/yr
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₹3 L/yr - ₹5.2 L/yr

Salary related reviews for Royal Sundaram General Insurance

3.6

Rated by 17 employees for salary & benefits

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

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.

read more
  • 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.

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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.

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  • Skill development - Bad
  • +4 more

Full Time

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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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  • 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

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  • Salary - Poor
see more salary related reviews

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Royal Sundaram General Insurance Territory Manager Salary FAQs

What is the salary of Territory Manager at Royal Sundaram General Insurance ?
The average salary of a Territory Manager at Royal Sundaram General Insurance in India typically ranges from ₹3.7 Lakhs to ₹7.2 Lakhs per year, depending on experience (from 3 years to 16 years).

The top 10% of Territory Manager at Royal Sundaram General Insurance earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹7.2 Lakhs per year. Territory 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 30+ Royal Sundaram General Insurance employees in India.
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 in India typically ranges from ₹38,061 to ₹39,255 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹7.2 Lakhs per year for employees with experience ranging from 3 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 30+ 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 Territory Manager in India?
Axis Max Life Insurance ₹7.5 Lakhs to ₹19.0 Lakhs per year
Ageas Federal Life Insurance ₹8.4 Lakhs to ₹17.1 Lakhs per year
Liberty General Insurance ₹7.0 Lakhs to ₹15.0 Lakhs per year
Magma HDI General Insurance ₹5.5 Lakhs to ₹18.0 Lakhs per year
Aegon Life Insurance ₹8.3 Lakhs to ₹9.8 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 Territory Manager in companies similar to Royal Sundaram General Insurance in India?
The salary of a Territory Manager 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:

Cholamandalam MS General Insurance ₹4.6 Lakhs to ₹11.0 Lakhs per year
MetLife ₹6.0 Lakhs to ₹8.7 Lakhs per year
Universal Sompo General Insurance ₹4.0 Lakhs to ₹13.5 Lakhs per year
Aviva Life Insurance India ₹5.4 Lakhs to ₹10.1 Lakhs per year
Star Union Dai-ichi Life Insurance ₹4.4 Lakhs to ₹11.1 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 Territory Manager at Royal Sundaram General Insurance in India?
The salary growth for a Territory Manager at Royal Sundaram General Insurance depends on factors such as experience, performance, and promotions. On average, a Territory Manager can expect the following growth trajectory at Royal Sundaram General Insurance:

Experience Average Salary Range
3 years ₹3.7 Lakhs to ₹8.5 Lakhs per year
4 years ₹4.0 Lakhs to ₹8.6 Lakhs per year
5 years ₹1.9 Lakhs to ₹6.0 Lakhs per year
6 years ₹2.0 Lakhs to ₹6.0 Lakhs per year
and so on.

Tell us how to improve this page.

Royal Sundaram General Insurance Territory Manager salary in India ranges between ₹3.7 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 35 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.