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

4 - 12 years exp.

₹3.5 Lakhs - ₹7 Lakhs

Salary of majority employees

37% less than the average Territory Sales Manager Salary in Insurance Companies for 4 - 12 years of experience

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Salaries in different departments

Sales & Business Development Territory Sales Manager Salary 4 - 11 years exp. (13 salaries)	₹3.5 L/yr - ₹6.5 L/yr
BFSI, Investments & Trading Territory Sales Manager Salary 4 - 12 years exp. (10 salaries)	₹4.1 L/yr - ₹7 L/yr
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Finance & Accounting Territory Sales Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.6 L/yr
Marketing & Communication Territory Sales Manager Salary 4 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹6.1 L/yr

Last Updated: 13 Feb 2025

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

Royal Sundaram General Insurance Territory Sales Manager Salary

4 - 12 years exp. (36 salaries)

₹3.5 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
SBI General Insurance Territory Sales Manager Salary 6 - 14 years exp. (4 salaries)	₹6.5 L/yr - ₹10 L/yr 61% more
IDFC FIRST Bank Territory Sales Manager Salary 1 - 11 years exp. (128 salaries)	₹4.4 L/yr - ₹12 L/yr 55% more	2 job openings
Login to view exact salary
NoBroker Territory Sales Manager Salary 0 - 8 years exp. (120 salaries)	₹4.7 L/yr - ₹9.6 L/yr 35% more	2 job openings
NoBrokerHOOD Territory Sales Manager Salary 0 - 6 years exp. (50 salaries)	₹4.7 L/yr - ₹8.7 L/yr 28% more	5 job openings
PhonePe Territory Sales Manager Salary 2 - 11 years exp. (43 salaries)	₹5 L/yr - ₹9.5 L/yr 47% more	1 job opening

Territory Sales Manager salary at Royal Sundaram General Insurance ranges between ₹3.5 Lakhs to ₹7 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 36 latest salaries received from various employees of Royal Sundaram General Insurance.

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

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
4 years (5 salaries)	₹3.5 L/yr - ₹5.5 L/yr
5 years (9 salaries)	₹4 L/yr - ₹6.3 L/yr
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6 years (7 salaries)	₹3.5 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6 L/yr
8 years (3 salaries)	₹4.5 L/yr - ₹6.5 L/yr
9 years (4 salaries)	₹4.8 L/yr - ₹7 L/yr
10 years (3 salaries)	₹5 L/yr - ₹7 L/yr
11 years (3 salaries)	₹3.7 L/yr - ₹6 L/yr
12 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6 L/yr

View all

Similar Designation salaries in Royal Sundaram General Insurance

Area Sales Manager Salary

(14 salaries)

₹7.25 L/yr - ₹12 L/yr

Top skills at Royal Sundaram General Insurance for Territory Sales Manager

Agency Channel General Insurance Insurance Sales Sales Management Sales Agency Management Agency Sales Agent Recruitment Life Insurance Territory Management agency Health Insurance Area Sales Management Regional Management agency development

Salary related reviews for Royal Sundaram General Insurance

2.9

Rated by 5 employees for salary & benefits

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.

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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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 Mumbai?

Territory Sales Manager salary at Royal Sundaram General Insurance in Mumbai ranges between ₹3.5 Lakhs to ₹7.0 Lakhs for experience between 4 years to 12 years. According to our estimates it is 37% less than the average Territory Sales Manager Salary in India. Salary estimates are based on 36 latest salaries received from various employees of Royal Sundaram General Insurance Mumbai.

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

The average salary of a Territory Sales Manager at Royal Sundaram General Insurance is 37% less than the average salary of a Territory Sales Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Territory Sales Manager at Royal Sundaram General Insurance?

Agency Channel, General Insurance, Insurance Sales, Sales Management and Sales are some of the popular skills required to work as a Territory Sales Manager at Royal Sundaram General Insurance Mumbai.

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

SBI General Insurance Territory Sales Manager Salary - ₹6.5 Lakhs to ₹10.0 Lakhs per year
IDFC FIRST Bank Territory Sales Manager Salary - ₹4.4 Lakhs to ₹12.0 Lakhs per year
PhonePe Territory Sales Manager Salary - ₹5.0 Lakhs to ₹9.5 Lakhs per year
NoBroker Territory Sales Manager Salary - ₹4.7 Lakhs to ₹9.6 Lakhs per year
NoBrokerHOOD Territory Sales Manager Salary - ₹4.7 Lakhs to ₹8.7 Lakhs per year

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

The estimated take-home salary of a Territory Sales Manager at Royal Sundaram General Insurance ranges between ₹40,221 per month to ₹41,383 per month in Mumbai. The take-home salary calculation is based on the average Royal Sundaram General Insurance Territory Sales Manager salary in India which ranges between ₹3.5 Lakhs to ₹7.0 Lakhs per year for employees with experience between 4 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 70% of the Royal Sundaram General Insurance Territory Sales Managers in Mumbai reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 20 responses on AmbitionBox in last 2 years.

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Royal Sundaram General Insurance Territory Sales Manager Salaries in Mumbai

Royal Sundaram General Insurance Territory Sales Manager salary in Mumbai ranges between ₹3.5 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 36 Royal Sundaram General Insurance latest salaries received from various employees of Royal Sundaram General Insurance.

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

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

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

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

Similar Designation salaries in Royal Sundaram General Insurance

Top skills at Royal Sundaram General Insurance for Territory Sales Manager

Salary related reviews for Royal Sundaram General Insurance

Territory Sales Manager in Kolkata

Sales Manager in Tirunelveli

Sales Officer in Mumbai

Territory Manager in New Delhi

Territory Manager in New Delhi

Royal Sundaram General Insurance Territory Sales Manager Salary FAQs

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