Royal Sundaram General Insurance Bhopal Territory Sales Manager Salaries by 6 Employees

4 - 10 years exp.

₹3.7 Lakhs - ₹6.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

34% less than the average Territory Sales Manager Salary in Insurance Companies for 4 - 10 years of experience

Interested in this particular role? 7 job openings

Salaries in different departments

Sales & Business Development Territory Sales Manager Salary 4 - 10 years exp. (3 salaries)	₹4 L/yr - ₹6.2 L/yr
Login to view exact salary
BFSI, Investments & Trading Territory Sales Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.8 L/yr

Last Updated: 16 Feb 2024

Companies similar to Royal Sundaram General Insurance for Territory Sales Manager in Bhopal

Royal Sundaram General Insurance Territory Sales Manager Salary

4 - 10 years exp. (6 salaries)

₹3.7 L/yr - ₹6.2 L/yr

Company name	Avg Annual Salary	Open Jobs
SYSKA LED Lights Territory Sales Manager Salary 2 - 15 years exp. (18 salaries)	₹3.6 L/yr - ₹5.6 L/yr 7% less
Tata AIA Life Insurance Territory Sales Manager Salary 5 - 14 years exp. (11 salaries)	₹5.1 L/yr - ₹8.1 L/yr 54% more	2 job openings
Login to view exact salary
Tata Motors Territory Sales Manager Salary 0 - 13 years exp. (8 salaries)	₹9 L/yr - ₹20 L/yr 218% more
Crompton Greaves Consumer Electricals Territory Sales Manager Salary 6 - 10 years exp. (7 salaries)	₹7 L/yr - ₹12 L/yr 98% more	14 job openings
Ion Exchange India Territory Sales Manager Salary 5 - 9 years exp. (6 salaries)	₹5.6 L/yr - ₹6.6 L/yr 16% more

Territory Sales Manager salary at Royal Sundaram General Insurance ranges between ₹3.7 Lakhs to ₹6.2 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Royal Sundaram General Insurance.

Experience wise Royal Sundaram General Insurance Territory Sales Manager salaries in Bhopal

Last Updated: 16 Feb 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
Login to view exact salary
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr
10 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr

View all

Similar Designation salaries in Royal Sundaram General Insurance

Regional Sales Manager Salary

(3 salaries)

₹9 L/yr - ₹10.65 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

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

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

115 participants . poll closed

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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 in Bhopal?

The average salary of a Territory Sales Manager at Royal Sundaram General Insurance in Bhopal typically ranges from ₹3.7 Lakhs to ₹6.2 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Territory Sales Manager in Bhopal at Royal Sundaram General Insurance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.2 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 6 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 Bhopal?

The estimated take-home salary of a Territory Sales Manager at Royal Sundaram General Insurance in Bhopal typically ranges from ₹38,452 to ₹39,640 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from 4 years to 10 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 6 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 in Bhopal?

To be a Territory Sales Manager at Royal Sundaram General Insurance in Bhopal, 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?

Tata Motors	₹9.0 Lakhs to ₹20.0 Lakhs per year
Crompton Greaves Consumer Electricals	₹7.0 Lakhs to ₹12.0 Lakhs per year
Tata AIA Life Insurance	₹5.1 Lakhs to ₹8.1 Lakhs per year
Ion Exchange India	₹5.6 Lakhs to ₹6.6 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 Bhopal?

The salary of a Territory Sales Manager at companies similar to Royal Sundaram General Insurance in Bhopal varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SYSKA LED Lights

₹3.6 Lakhs to ₹5.6 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 Bhopal?

The salary growth for a Territory Sales Manager at Royal Sundaram General Insurance in Bhopal depends on factors such as experience, performance, and promotions. On average, a Territory Sales Manager in Bhopal can expect the following growth trajectory at Royal Sundaram General Insurance:

Experience	Average Salary Range
4 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
5 years	₹4.2 Lakhs to ₹5.3 Lakhs per year
6 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
7 years	₹4.5 Lakhs to ₹5.7 Lakhs per year

and so on.

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Royal Sundaram General Insurance Territory Sales Manager Salaries in Bhopal

Royal Sundaram General Insurance Territory Sales Manager salary in Bhopal ranges between ₹3.7 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.