Cholamandalam MS General Insurance Area Credit Manager Salaries by 4 Employees (Updated 2025)

3 - 11 years exp.

₹10 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

At par with the average Area Credit Manager Salary in Insurance Companies for 3 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Credit Manager Salary 3 - 8 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹10.7 L/yr
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Customer Success, Service & Operations Area Credit Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹15.4 L/yr

Last Updated: 10 Mar 2025

Companies similar to Cholamandalam MS General Insurance for Area Credit Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Area Credit Manager Salary 2 - 14 years exp. (426 salaries)	₹5.4 L/yr - ₹21.7 L/yr 3% more
Axis Bank Area Credit Manager Salary 6 - 14 years exp. (296 salaries)	₹6.5 L/yr - ₹22.8 L/yr 20% more
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Cholamandalam Investment & Finance Area Credit Manager Salary 6 - 16 years exp. (249 salaries)	₹6 L/yr - ₹20 L/yr 1% less
HDFC Bank Area Credit Manager Salary 5 - 18 years exp. (228 salaries)	₹8.5 L/yr - ₹30 L/yr 48% more
HDB Financial Services Area Credit Manager Salary 5 - 18 years exp. (225 salaries)	₹6.1 L/yr - ₹17.5 L/yr 11% less

Area Credit Manager salary at Cholamandalam MS General Insurance ranges between ₹10 Lakhs to ₹14 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Area Credit Manager salaries

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
9 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr
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10 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
11 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

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Deputy Manager Salary

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Credit Analyst Salary

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₹2.1 L/yr - ₹2.6 L/yr

Salary related reviews for Cholamandalam MS General Insurance

5.0

Rated by 3 employees for salary & benefits

Sales Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 07 Aug 2023

3.0

for Salary and Benefits

Likes

Nothing

Dislikes

Appraisals are terrible here even if achieved 275% of ytd target they increase only 7% of salary..no personal life teams meeting every now and then infact after working hours also, continue warning of termination if you fail to achieve daily numbers

Promotions - Bad

+3 more

Deputy Manager in Chennai

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.

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.

Skill development - Bad

+4 more

Area Manager in Bikaner

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.

Agency Manager in Ahmednagar

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.

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.

Salary - Poor

+3 more

Area Head in Pune

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 17 Jan 2023

5.0

for Salary and Benefits

Likes

...nts like tata, icici, Hdfc far better. No stress and dirty internal politics. Variables pay also high as compare to mention company.

Salary - Excellent

+6 more

Dislikes

weekly 1 off, need to change in 5 day working week.

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Cholamandalam MS General Insurance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Cholamandalam MS General Insurance?

Area Credit Manager salary at Cholamandalam MS General Insurance in India ranges between ₹10.0 Lakhs to ₹14.0 Lakhs for experience between 3 years to 11 years. According to our estimates it is 3% more than the average Area Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance India.

How does the salary of a Area Credit Manager at Cholamandalam MS General Insurance India compare with the average salary range for this job?

The average salary of a Area Credit Manager at Cholamandalam MS General Insurance is 3% more than the average salary of a Area Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam MS General Insurance to a Area Credit Manager in India?

HDFC Bank Area Credit Manager Salary - ₹8.5 Lakhs to ₹30.0 Lakhs per year
Axis Bank Area Credit Manager Salary - ₹6.5 Lakhs to ₹22.8 Lakhs per year
ICICI Bank Area Credit Manager Salary - ₹5.4 Lakhs to ₹21.7 Lakhs per year

What is the salary of a Area Credit Manager in companies similar to Cholamandalam MS General Insurance in India?

Cholamandalam Investment & Finance Area Credit Manager Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
HDB Financial Services Area Credit Manager Salary - ₹6.1 Lakhs to ₹17.5 Lakhs per year

What is the estimated take home salary of a Area Credit Manager at Cholamandalam MS General Insurance in India?

The estimated take-home salary of a Area Credit Manager at Cholamandalam MS General Insurance ranges between ₹87,370 per month to ₹89,661 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Area Credit Manager salary in India which ranges between ₹10.0 Lakhs to ₹14.0 Lakhs per year for employees with experience between 3 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager at Cholamandalam MS General Insurance?

According to AmbitionBox, 100% of the Cholamandalam MS General Insurance Area Credit Managers reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Area Credit Manager Salaries

Cholamandalam MS General Insurance Area Credit Manager salary in India ranges between ₹10 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.