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

Annual salary range
4 - 12 years exp.
₹2.7 Lakhs - ₹7.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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32% less than the average Territory Sales Manager Salary in Insurance Companies for 4 - 12 years of experience

Interested in this particular role? 7 job openings

Salaries in different departments

Sales & Business Development
Territory Sales Manager Salary
4 - 12 years exp. (135 salaries)
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₹2.7 L/yr - ₹7.3 L/yr

BFSI, Investments & Trading
Territory Sales Manager Salary
4 - 12 years exp. (103 salaries)
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₹3.2 L/yr - ₹7.1 L/yr

Customer Success, Service & Operations
Territory Sales Manager Salary
4 - 11 years exp. (14 salaries)
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₹3.7 L/yr - ₹5.4 L/yr

Marketing & Communication
Territory Sales Manager Salary
4 - 10 years exp. (14 salaries)
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₹3.8 L/yr - ₹6.3 L/yr

Finance & Accounting
Territory Sales Manager Salary
4 - 9 years exp. (6 salaries)
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₹3.4 L/yr - ₹5.6 L/yr

Last Updated: 6 Apr 2025

Companies similar to Royal Sundaram General Insurance for Territory Sales Manager

Company name Avg Annual Salary Open Jobs
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₹4 L/yr - ₹10.8 L/yr

arrow icon 47% more
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₹5 L/yr - ₹11 L/yr

arrow icon 42% more
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₹6.5 L/yr - ₹7.9 L/yr

arrow icon 45% more
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₹11 L/yr - ₹16.6 L/yr

arrow icon 148% more
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₹6.7 L/yr - ₹14.5 L/yr

arrow icon 105% more
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₹9.3 L/yr - ₹12.5 L/yr

arrow icon 123% more
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₹9.6 L/yr - ₹12 L/yr

arrow icon 116% more
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₹4.2 L/yr - ₹6 L/yr

arrow icon 7% less
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₹6 L/yr - ₹7 L/yr

arrow icon 21% more
3 job openings
Territory Sales Manager salary at Royal Sundaram General Insurance ranges between ₹2.7 Lakhs to ₹7.3 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 333 latest salaries received from various employees of Royal Sundaram General Insurance.

Latest annual salaries shared by Royal Sundaram General Insurance Territory Sales Manager

2d ago
₹6.5 Lakhs
8 years exp.
2d ago
₹4.5 Lakhs
6 years exp.
1w ago
₹4.2 Lakhs
5 years exp.
1w ago
₹5.8 Lakhs
5 years exp.
1w ago
₹4.4 Lakhs
6 years exp.
1w ago
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11 years exp.
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4 years exp.
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6 years exp.
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10 years exp.
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10 years exp.

Experience wise Royal Sundaram General Insurance Territory Sales Manager salaries

Last Updated: 6 Apr 2025

Experience Avg Annual Salary
4 years  (40 salaries)

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₹2.7 L/yr - ₹6 L/yr
5 years  (56 salaries)

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₹2.8 L/yr - ₹7 L/yr
6 years  (56 salaries)

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₹2.7 L/yr - ₹6.6 L/yr
7 years  (42 salaries)

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₹3 L/yr - ₹7.2 L/yr
8 years  (42 salaries)

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₹3.5 L/yr - ₹6.8 L/yr
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Similar Designation salaries in Royal Sundaram General Insurance

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₹3.8 L/yr - ₹5.6 L/yr
Territory Sales Incharge Salary
(AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.4 L/yr
Territory Business Manager Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
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₹3.7 L/yr - ₹7.2 L/yr
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₹3.5 L/yr - ₹4.5 L/yr
Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
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₹5.5 L/yr - ₹14.64 L/yr
Territory Sales Executive Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Channel Sales Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
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₹2.8 L/yr - ₹4.1 L/yr

Top skills at Royal Sundaram General Insurance for Territory Sales Manager

Territory Sales Agency Channel General Insurance Insurance Sales Sales Management Sales Agency Management Agency Sales Agent Recruitment Life Insurance Digital Marketing Territory Management agency Health Insurance Area Sales Management

Salary related reviews for Royal Sundaram General Insurance

3.5

Rated by 103 employees for salary & benefits

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.

read more
  • Skill development - Bad
  • +4 more

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.

read more
  • 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

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  • 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

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

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  • 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.

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  • 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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see more salary related reviews

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Royal Sundaram General Insurance Territory Sales Manager Salary FAQs

What is the salary of Territory Sales Manager at Royal Sundaram General Insurance ?
The average salary of a Territory Sales Manager at Royal Sundaram General Insurance in India typically ranges from ₹2.7 Lakhs to ₹7.3 Lakhs per year, depending on experience (from 4 years to 12 years).

The top 10% of Territory Sales Manager at Royal Sundaram General Insurance earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹7.1 Lakhs per year. Territory Sales 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 300+ Royal Sundaram General Insurance employees in India.
What is the estimated take home salary of a Territory Sales Manager at Royal Sundaram General Insurance in India?
The estimated take-home salary of a Territory Sales Manager at Royal Sundaram General Insurance in India typically ranges from ₹38,744 to ₹39,928 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹7.3 Lakhs per year for employees with experience ranging from 4 years to 12 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 300+ salaries received from various employees of Royal Sundaram General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Territory Sales Manager at Royal Sundaram General Insurance ?
To be a Territory Sales Manager at Royal Sundaram General Insurance in india, the key skills required include:

  • - Territory Sales
  • - Agency Channel
  • - General Insurance
  • - Insurance Sales
  • - Sales Management

These skills are highly valued at Royal Sundaram General Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Royal Sundaram General Insurance for Territory Sales Manager in India?
Ageas Federal Life Insurance ₹11.0 Lakhs to ₹16.6 Lakhs per year
Aditya Birla Health Insurance Co ₹9.3 Lakhs to ₹12.5 Lakhs per year
Liberty General Insurance ₹9.6 Lakhs to ₹12.0 Lakhs per year
Magma HDI General Insurance ₹6.7 Lakhs to ₹14.5 Lakhs per year
SBI General Insurance ₹4.0 Lakhs to ₹10.8 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 Sales Manager in companies similar to Royal Sundaram General Insurance in India?
The salary of a Territory Sales 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:

Aviva Life Insurance India ₹6.5 Lakhs to ₹7.9 Lakhs per year
Star Union Dai-ichi Life Insurance ₹5.0 Lakhs to ₹11.0 Lakhs per year
Edelweiss Life Insurance ₹6.0 Lakhs to ₹7.0 Lakhs per year
Bharti AXA Life Insurance ₹4.2 Lakhs to ₹6.0 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 Sales Manager at Royal Sundaram General Insurance in India?
The salary growth for a Territory Sales Manager at Royal Sundaram General Insurance depends on factors such as experience, performance, and promotions. On average, a Territory Sales Manager can expect the following growth trajectory at Royal Sundaram General Insurance:

Experience Average Salary Range
4 years ₹2.7 Lakhs to ₹6.0 Lakhs per year
5 years ₹2.8 Lakhs to ₹7.0 Lakhs per year
6 years ₹2.7 Lakhs to ₹6.6 Lakhs per year
7 years ₹3.0 Lakhs to ₹7.2 Lakhs per year
and so on.

Tell us how to improve this page.

Royal Sundaram General Insurance Territory Sales Manager salary in India ranges between ₹2.7 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 333 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.