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SBI General Insurance Territory Sales Manager salaries in India

Annual salary range
6 - 15 years exp.
₹4 Lakhs - ₹10.8 Lakhs
Salary of majority employees
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At par with the average Territory Sales Manager Salary in Insurance Companies for 6 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Territory Sales Manager Salary
6 - 15 years exp. (27 salaries)
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₹4 L/yr - ₹10.8 L/yr

Sales & Business Development
Territory Sales Manager Salary
6 - 14 years exp. (13 salaries)
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₹5.2 L/yr - ₹10.3 L/yr

Marketing & Communication
Territory Sales Manager Salary
6 - 14 years exp. (6 salaries)
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₹5.5 L/yr - ₹8.7 L/yr

Customer Success, Service & Operations
Territory Sales Manager Salary
13 - 15 years exp. (AmbitionBox Estimate)
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₹6.9 L/yr - ₹8.5 L/yr

Last Updated: 21 Jul 2024

Companies similar to SBI General Insurance for Territory Sales Manager

Company name Avg Annual Salary Open Jobs
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₹2.7 L/yr - ₹7.3 L/yr

arrow icon 32% less
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₹3.8 L/yr - ₹11 L/yr

arrow icon 4% more
27 job openings
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PNB MetLife Territory Sales Manager Salary

4 - 12 years exp. (221 salaries)

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₹3.7 L/yr - ₹8 L/yr

arrow icon 27% less
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HDFC Life Territory Sales Manager Salary

2 - 21 years exp. (16 salaries)

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₹3.9 L/yr - ₹16 L/yr

arrow icon 29% more
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₹4.9 L/yr - ₹6 L/yr

arrow icon 29% less
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₹5 L/yr - ₹11 L/yr

arrow icon 4% less
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₹4.9 L/yr - ₹9.1 L/yr

arrow icon 12% less
1 job opening
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₹6.5 L/yr - ₹7.9 L/yr

arrow icon 2% less
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₹6.7 L/yr - ₹14.5 L/yr

arrow icon 40% more
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₹9.3 L/yr - ₹12.5 L/yr

arrow icon 51% more
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₹5 L/yr - ₹10.9 L/yr

arrow icon 17% less
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₹6.5 L/yr - ₹7.3 L/yr

arrow icon 7% less
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₹7 L/yr - ₹10 L/yr

arrow icon 6% more
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₹4.8 L/yr - ₹18 L/yr

arrow icon 10% more
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₹9 L/yr - ₹13.8 L/yr

arrow icon 81% more
Territory Sales Manager salary at SBI General Insurance ranges between ₹4 Lakhs to ₹10.8 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 51 latest salaries received from various employees of SBI General Insurance.

Latest annual salaries shared by SBI General Insurance Territory Sales Manager

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6 years exp.

Experience wise SBI General Insurance Territory Sales Manager salaries

Last Updated: 21 Jul 2024

Experience Avg Annual Salary
6 years  (5 salaries)

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₹4.4 L/yr - ₹12.2 L/yr
7 years  (4 salaries)

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₹4.4 L/yr - ₹8 L/yr
8 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹8 L/yr
9 years  (3 salaries)

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₹6.7 L/yr - ₹9.5 L/yr
10 years  (10 salaries)

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₹4 L/yr - ₹10.1 L/yr
View all
SBI General Insurance Territory Sales Manager Salary and Career Growth

From

To

Territory Sales Manager

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6 - 15 years exp.

Cluster Sales Manager

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6 - 18 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in SBI General Insurance

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₹4.4 L/yr - ₹6.15 L/yr
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₹5.2 L/yr - ₹9.3 L/yr
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₹4.5 L/yr - ₹7.85 L/yr
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₹7.5 L/yr - ₹22 L/yr
Channel Sales Manager Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Sales Manager Salary
(19 salaries)
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₹2 L/yr - ₹6.22 L/yr
Deputy Manager Salary
(157 salaries)
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₹3.7 L/yr - ₹9.7 L/yr
Area Manager Salary
(6 salaries)
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₹8.98 L/yr - ₹15.2 L/yr
Cluster Manager Salary
(37 salaries)
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₹7 L/yr - ₹15.25 L/yr
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₹1.75 L/yr - ₹6.6 L/yr

Salary related reviews for SBI General Insurance

4.7

Rated by 6 employees for salary & benefits

Full Time

 · 

Business Development Department

2.0
  •  posted on 17 Sep 2022

2.0
 for  Salary and Benefits

Likes

Like you can say... Working with branch managers , can see yourself always professional . People will treat you like banker.

read more
  • Job security - Good

Dislikes

No growth and promotion No good salary Not ethical practices followed. Your boss treat you like slave... Officially as per HR policy every Saturday is off... But you have to work on each Saturday as per your boss. Nothing to learn .

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 29 Apr 2023

3.0
 for  Salary and Benefits

Likes

Salary on time. Banca channel target goes on auto mode if you have good relationship with managers.

read more
  • Job security - Good
  • +1 more

Dislikes

Overloaded targets, terrible managers. Considering Insurance sectors, plenty of works in your working time.Unwanted VCs by senior that can disturb your work flow each day. Salary is very less compared to other companies.

read more
  • Skill development - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 05 Jul 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Full Time

 · 

Insurance Department

5.0
  •  posted on 07 Jun 2021

4.0
 for  Salary and Benefits

Likes

...agement is transparent.there is a huge cafeteria and gaming arcade for chilling. Company policies are good , appraisals are fair and they give good salary hike , incentives and bonus every year

read more
  • Salary - Good
  • +6 more

Customer Success, Service & Operations Department

5.0
  •  posted on 16 Mar 2022

4.0
 for  Salary and Benefits

Likes

It my pleasure to work with Reputed company like SBIG, As we grow old here we learn soo many things about banking as,it's very friendly atmosphere to work there .

read more
  • Salary - Good
  • +5 more

Dislikes

Here we see lot of ups and downs and unhappy with Salary hike ,and Soo much off technical issues ....and when things start going gud tat time only company doo one or other changes..... that will impact soo much

read more
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SBI General Insurance Territory Sales Manager Salary FAQs

What is the salary of Territory Sales Manager at SBI General Insurance ?
The average salary of a Territory Sales Manager at SBI General Insurance in India typically ranges from ₹4.0 Lakhs to ₹10.8 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Territory Sales Manager at SBI General Insurance earn more than ₹10.1 Lakhs per year, and the top 1% earn over ₹10.8 Lakhs per year. Territory Sales Manager Salaries at SBI 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 50+ SBI General Insurance employees in India.
What is the estimated take home salary of a Territory Sales Manager at SBI General Insurance in India?
The estimated take-home salary of a Territory Sales Manager at SBI General Insurance in India typically ranges from ₹56,234 to ₹57,644 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹10.8 Lakhs per year for employees with experience ranging from 6 years to 15 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 50+ salaries received from various employees of SBI General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SBI General Insurance for Territory Sales Manager in India?
Star Health & Allied Insurance ₹9.0 Lakhs to ₹13.8 Lakhs per year
Aditya Birla Health Insurance Co ₹9.3 Lakhs to ₹12.5 Lakhs per year
Magma HDI General Insurance ₹6.7 Lakhs to ₹14.5 Lakhs per year
HDFC Life ₹3.9 Lakhs to ₹16.0 Lakhs per year
Kotak Mahindara Life Insurance ₹4.8 Lakhs to ₹18.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI General Insurance, depending on the role and experience level.
What is the salary of a Territory Sales Manager in companies similar to SBI General Insurance in India?
The salary of a Territory Sales Manager at companies similar to SBI General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Sun Life Insurance ₹7.0 Lakhs to ₹10.0 Lakhs per year
Tata AIA Life Insurance ₹3.8 Lakhs to ₹11.0 Lakhs per year
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
Reliance Nippon Life Insurance ₹6.5 Lakhs to ₹7.3 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 SBI General Insurance in India?
The salary growth for a Territory Sales Manager at SBI General Insurance depends on factors such as experience, performance, and promotions. On average, a Territory Sales Manager can expect the following growth trajectory at SBI General Insurance:

Experience Average Salary Range
6 years ₹4.4 Lakhs to ₹12.2 Lakhs per year
7 years ₹4.4 Lakhs to ₹8.0 Lakhs per year
8 years ₹2.9 Lakhs to ₹8.0 Lakhs per year
9 years ₹6.7 Lakhs to ₹9.5 Lakhs per year
and so on.

Tell us how to improve this page.

SBI General Insurance Territory Sales Manager salary in India ranges between ₹4 Lakhs to ₹10.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 51 SBI General Insurance latest salaries received from various employees of SBI General Insurance.