INSURANCE SALES / SALARY
INDIA

SALARY SURVEYS

5

UPDATED
April 2024
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AVERAGE SALARY / YEAR

MOST TYPICAL SALARY / YEAR

Gross income

Net (after tax)

83.19 INR = 1 USD

1,930,876 INR

$23,211 USD

Bangalore

470,511 INR

998,256 INR

$12,000 USD

Including "Bangalore"

Excluding "Bangalore"

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Average Salary / Insurance Sales / India

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Average salary for Insurance Sales / India is 1,930,876 INR per year. The most typical earning is 998,256 INR. All data are based on 5 salary surveys. Salaries are different between men and women. Men receive an average salary of 1,929,961 INR. Women receive a salary of n/a.

Based on education, the highest salaries receive people with Bachelors Degree with salary of 2,678,653 INR. The second most paid education level is Masters Degree with salary of 1,222,863 INR.

Different experiences affect earning as well. People with 16-20 Years of experience receive salary of 6,397,157 INR. Employees with 8-12 Years of experience receive 1,222,863 INR.

Levels / Insurance Sales / India (Gross INR)

Salary Levels (INR) per Year	Surveys	[%]
83,200 INR - 166,299 INR	0	n/a
166,400 INR - 249,499 INR	0	n/a
249,600 INR - 415,899 INR	1	100% 20%
415,900 INR - 831,799 INR	1	80% 20%
THE MOST TYPICAL SALARY
831,900 INR - 1,247,699 INR	2	60% 40%
1,247,800 INR - 1,663,699 INR	0	n/a
1,663,800 INR - 2,079,599 INR	0	n/a
2,079,700 INR - 2,495,599 INR	0	n/a
2,495,600 INR - 2,911,499 INR	0	n/a
2,911,600 INR - 3,327,399 INR	0	n/a
3,327,500 INR - 3,743,399 INR	0	n/a
3,743,500 INR - 4,159,299 INR	0	n/a
4,159,400 INR - 4,575,299 INR	0	n/a
4,575,300 INR - 4,991,199 INR	0	n/a
4,991,300 INR - 5,407,099 INR	0	n/a
5,407,200 INR - 5,823,099 INR	0	n/a
5,823,200 INR - 6,238,999 INR	0	n/a
6,239,100 INR - 6,654,999 INR	1	20% 20%
6,655,000 INR - 7,070,899 INR	0	n/a
7,071,000 INR - 7,486,799 INR	0	n/a
7,486,900 INR - 7,902,799 INR	0	n/a
7,902,900 INR - 8,318,699 INR	0	n/a
8,318,800 INR - 8,734,699 INR	0	n/a
8,734,700 INR - 9,150,599 INR	0	n/a
9,150,700 INR - 9,566,499 INR	0	n/a
9,566,600 INR - 9,982,499 INR	0	n/a
9,982,600 INR - 10,398,399 INR	0	n/a
10,398,500 INR - 10,814,399 INR	0	n/a
10,814,400 INR - 11,230,299 INR	0	n/a
11,230,400 INR - 11,646,199 INR	0	n/a
11,646,300 INR - 12,062,199 INR	0	n/a
12,062,300 INR - 12,478,099 INR	0	n/a
HIGH SALARIES
12,478,200 INR - 13,309,999 INR	0	n/a
13,310,100 INR - 14,141,899 INR	0	n/a
14,142,000 INR - 14,973,799 INR	0	n/a
14,973,800 INR - 15,805,599 INR	0	n/a
15,805,700 INR - 16,637,499 INR	0	n/a
16,637,600 INR - 17,469,399 INR	0	n/a
17,469,500 INR - 18,301,299 INR	0	n/a
18,301,400 INR - 19,133,199 INR	0	n/a
19,133,200 INR - 19,964,999 INR	0	n/a
19,965,100 INR - 20,796,899 INR	0	n/a
20,797,000 INR - 29,115,799 INR	0	n/a

Gender / Insurance Sales / India (Gross INR)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	5	1,929,961 INR

Education / Insurance Sales / India (Gross INR)

#		Surveys
1	Bachelors Degree	3	2,678,653 INR
2	Masters Degree	1	1,222,863 INR
3	High School	1	399,302 INR

Experience / Insurance Sales / India (Gross INR)

#		Surveys
1	16-20 Years	1	6,397,157 INR
2	8-12 Years	1	1,222,863 INR
3	12-16 Years	1	1,164,632 INR
4	4-8 Years	2	432,577 INR

Age / Insurance Sales / India (Gross INR)

#		Surveys
1	41-45	3	2,678,653 INR
2	36-40	1	1,222,863 INR
3	26-30	1	399,302 INR

Work Type / Insurance Sales / India (Gross INR)

#		Surveys		AVERAGE SALARY / YEAR
1	Permanent	4	2,295,988 INR
2	Part Time	1	474,171 INR

Cities / Insurance Sales / India (Gross INR)

#		Surveys
1	--Other--	1	6,397,157 INR
2	Pune	1	1,222,863 INR
3	Chandigarh	1	1,164,632 INR
4	Bangalore	1	474,171 INR
5	Coimbatore	1	399,302 INR

People's individual salary examples (surveys)

Channel Agency Manager

Posted 23 February 2021
Key knowledge and tasks

"Responsible for generating business from various segments. 
Responsible for contacting client on telephone, direct walk-in & cold call. 
Expertise in financial analysis, identifying customers long-term / short term needs and providing custom made solutions to their financial needs to their satisfaction. 
Well experience in understanding customers & need base selling. 
Responsible for financial analytically process & custom made solutions with various flexibility offers to customers. 
Proficiency in generating new customers with sourcing business from various channels such as referred leads, cold calls & data collection. 
Well experienced in handling customers with various profiles such as businessmen, professionals, software engineers."

City	Education	Experience	Knowledge	Gross salary / year
Coimbatore	High School	4-8 Years	n/a	400,000 INR

Corporate Sales

Posted 29 December 2020
Key knowledge and tasks

"Engineering, MBA."

City	Education	Experience	Knowledge	Gross salary / year
Pune	Masters Degree	8-12 Years	n/a	1,221,600 INR

Head Sales & Marketing

Posted 26 August 2020
Key knowledge and tasks

"Digital marketing and e-commerce business."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Bachelors Degree	16-20 Years	n/a	6,399,100 INR

Area Manager

Posted 22 April 2020
Key knowledge and tasks

"Sales, team management."

City	Education	Experience	Knowledge	Gross salary / year
Chandigarh	Bachelors Degree	12-16 Years	n/a	1,163,500 INR

INSURANCE SALES / SALARY INDIA

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