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Cholamandalam MS General Insurance Area Collection Manager salaries in India

Annual salary range
7 - 10 years exp.
₹7.5 Lakhs - ₹9.7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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At par with the average Area Collection Manager Salary in Insurance Companies for 7 - 10 years of experience

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Salaries in different departments

Finance & Accounting
Area Collection Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.3 L/yr

Sales & Business Development
Area Collection Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹8.7 L/yr - ₹10.6 L/yr

Last Updated: 12 Dec 2023

Companies similar to Cholamandalam MS General Insurance for Area Collection Manager

Company name Avg Annual Salary Open Jobs
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₹1 L/yr - ₹6.1 L/yr

arrow icon 57% less
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Bajaj Finance Area Collection Manager Salary

5 - 15 years exp. (227 salaries)

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₹5.1 L/yr - ₹18 L/yr

arrow icon 18% more
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IDFC FIRST Bank Area Collection Manager Salary

8 - 18 years exp. (211 salaries)

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₹6.3 L/yr - ₹20 L/yr

arrow icon 53% more
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₹4.9 L/yr - ₹16.8 L/yr

arrow icon 17% more
5 job openings
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HDFC Bank Area Collection Manager Salary

10 - 22 years exp. (181 salaries)

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₹6.4 L/yr - ₹22.5 L/yr

arrow icon 59% more
Area Collection Manager salary at Cholamandalam MS General Insurance ranges between ₹7.5 Lakhs to ₹9.7 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Area Collection Manager

1y ago
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7 years exp.
1y ago
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7 years exp.
1y ago
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10 years exp.

Experience wise Cholamandalam MS General Insurance Area Collection Manager salaries

Last Updated: 12 Dec 2023

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.7 L/yr
8 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹9.6 L/yr
9 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹10.5 L/yr
10 years (AmbitionBox Estimate)

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₹8.7 L/yr - ₹11.1 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Branch Collection Manager Salary
(AmbitionBox Estimate)
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₹4.7 L/yr - ₹6 L/yr
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₹1.1 L/yr - ₹4 L/yr
Regional Collection Manager Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Collection Officer Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
Area Manager Salary
(117 salaries)
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₹4.5 L/yr - ₹16.48 L/yr
Branch Manager Salary
(202 salaries)
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₹2.92 L/yr - ₹8.82 L/yr
Agency Manager Salary
(59 salaries)
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₹2.5 L/yr - ₹4.55 L/yr
Cluster Manager Salary
(17 salaries)
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₹6.5 L/yr - ₹10 L/yr
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₹2.1 L/yr - ₹6 L/yr
Collection Associate Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Cholamandalam MS General Insurance

5.0

Rated by 2 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 20 Nov 2024

3.0
 for  Salary and Benefits

Likes

Good company. Having Employee friendly. Happy to work here...

  • Skill development - Excellent
  • +5 more

Dislikes

Only In company promotion you can't get salary hike as you deserved . Some of the points your salary is laser then your colleagues and team.

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 06 Jan 2023

2.0
 for  Salary and Benefits

Likes

Murugappa group is a very big group, One of them is Chola General Insurance. Salary is good in the company.

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Dislikes

The company has a great name, but the company's senior front-line executives are not doing well in support.. The company does not use today's technology in the work.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 15 Feb 2022

3.0
 for  Salary and Benefits

Likes

The company provides a very high job security and you would never face any delays in salary. The leaves offered by the company are also good in comparison to other companies.

read more
  • Job security - Excellent

Dislikes

The companies culture is not meant for youngsters or people who wants to work in a challenging and learning environment. A lot of People in this company are working since 10-15 years and have a very rigid mentality and approach towards work. The gowth trajectory is very slow and the learning curve is also flat.

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 29 Aug 2021

2.0
 for  Salary and Benefits

Likes

...ms IT is so weak and it will take atleast more than 5 years to improvise his IT.they are providing good compensation as well, there are no support from HR and supervisor's even is your super boss also don't provide any support.

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  • Skill development - Good

Dislikes

Training part is good in chola ms otherwise any other benefits is vulnerable.

  • Salary - Poor

BFSI, Investments & Trading Department

5.0
  •  posted on 18 May 2018

5.0
 for  Salary and Benefits

Likes

...NVIRONMENT . QUICK AND PROMPT SERVICE. NICE CAREER GROWTH IN THIS ORGANIZATION. GOOD SALARY AND ALSO GIVEN APPRAISAL. ALL TRAVEL CLAIMS CAME ON TIME . NO ANY POLITICS IN COMPANY. WHO WILL WORK WELL. THEN COMPANY GIVEN PROMOTION AND INCENTIVE ETC.

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  • Salary - Excellent
  • +5 more

Dislikes

I MOSTLY DISLIKE THAT COMPANY WITHOUT ANY CONVERSATION WITH EMPLOYEE. CHANGE WORKING. FOR EXAMPLE COMPANY GIVEN TABS TO ALL EMPLOYEE. BUT WE CANT DO EXCEL WORK ON IT WHO SECURED WITH IT. LIKE. PRIMUM CALCULATOR. ONE MORE THING WHEN DISCUSSING WITH ALL EMPLOYEES THAN WHY GIVEN TABLET. WHEN WE REQUIRRED LAPTOP FOR WORK. ITS EASY FOR BOTH. FAST WORKING IN LESS TIME. OR ON TAB ITS NOT WORKING PROPERLY. BECAUSE ALL DEPENDS ON RAM. VERY SLOW INTERNET WHEN SUBMITING PROPOSALS IN IT. MOST TIME ITS SYNCRONIGE. FOR 1 PROPOSAL SUBMITING TAKE TIME MORW THEN 15-20 MIN.

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Cholamandalam MS General Insurance Area Collection Manager Salary FAQs

What is the salary of Area Collection Manager at Cholamandalam MS General Insurance ?
The average salary of a Area Collection Manager at Cholamandalam MS General Insurance in India typically ranges from ₹7.5 Lakhs to ₹9.7 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of Area Collection Manager at Cholamandalam MS General Insurance earn more than ₹9.7 Lakhs per year, and the top 1% earn over ₹9.7 Lakhs per year. Area Collection Manager Salaries at Cholamandalam MS 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 4 Cholamandalam MS General Insurance employees in India.
What is the estimated take home salary of a Area Collection Manager at Cholamandalam MS General Insurance in India?
The estimated take-home salary of a Area Collection Manager at Cholamandalam MS General Insurance in India typically ranges from ₹63,467 to ₹65,082 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹9.7 Lakhs per year for employees with experience ranging from 7 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 4 salaries received from various employees of Cholamandalam MS General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Cholamandalam MS General Insurance for Area Collection Manager in India?
HDFC Bank ₹6.4 Lakhs to ₹22.5 Lakhs per year
IDFC FIRST Bank ₹6.3 Lakhs to ₹20.0 Lakhs per year
Bajaj Finance ₹5.1 Lakhs to ₹18.0 Lakhs per year
Cholamandalam Investment & Finance ₹4.9 Lakhs to ₹16.8 Lakhs per year

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

Jana Small Finance Bank ₹1.0 Lakhs to ₹6.1 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 Area Collection Manager at Cholamandalam MS General Insurance in India?
The salary growth for a Area Collection Manager at Cholamandalam MS General Insurance depends on factors such as experience, performance, and promotions. On average, a Area Collection Manager can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience Average Salary Range
7 years ₹6.8 Lakhs to ₹8.7 Lakhs per year
8 years ₹7.5 Lakhs to ₹9.6 Lakhs per year
9 years ₹8.2 Lakhs to ₹10.5 Lakhs per year
10 years ₹8.7 Lakhs to ₹11.1 Lakhs per year
and so on.

Tell us how to improve this page.

Cholamandalam MS General Insurance Area Collection Manager salary in India ranges between ₹7.5 Lakhs to ₹9.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.