Cholamandalam MS General Insurance Area Head Bancassurance Salaries by 10+ Employees

6 - 17 years exp.

₹6 Lakhs - ₹10.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

20% less than the average Area Head Bancassurance Salary in Insurance Companies for 6 - 17 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development Area Head Bancassurance Salary 6 - 17 years exp. (8 salaries)	₹7.5 L/yr - ₹10.5 L/yr
Marketing & Communication Area Head Bancassurance Salary 7 - 16 years exp. (4 salaries)	₹6 L/yr - ₹9.7 L/yr
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BFSI, Investments & Trading Area Head Bancassurance Salary 8 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹8.7 L/yr

Last Updated: 20 Nov 2024

Companies similar to Cholamandalam MS General Insurance for Area Head Bancassurance

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Area Head Bancassurance Salary 6 - 18 years exp. (8 salaries)	₹8.9 L/yr - ₹10 L/yr 13% more
Star Union Dai-ichi Life Insurance Area Head Bancassurance Salary 12 - 23 years exp. (5 salaries)	₹12 L/yr - ₹15 L/yr 71% more
Login to view exact salary
Bharti AXA Life Insurance Area Head Bancassurance Salary 12 - 16 years exp. (3 salaries)	₹9.7 L/yr - ₹10 L/yr 23% more
Care Health Insurance Area Head Bancassurance Salary 11 - 18 years exp. (13 salaries)	₹7.8 L/yr - ₹12 L/yr 4% more
Niva Bupa Health Insurance Company Area Head Bancassurance Salary 10 - 21 years exp. (5 salaries)	₹9.3 L/yr - ₹13.9 L/yr 52% more

Area Head Bancassurance salary at Cholamandalam MS General Insurance ranges between ₹6 Lakhs to ₹10.5 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 15 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Area Head Bancassurance

2mo ago

₹8.5 Lakhs

9 years exp.

3mo ago

₹10 Lakhs

17 years exp.

4mo ago

₹8.8 Lakhs

9 years exp.

5mo ago

₹9.7 Lakhs

16 years exp.

6mo ago

₹9 Lakhs

15 years exp.

7mo ago

6 years exp.

8mo ago

8 years exp.

10mo ago

9 years exp.

1y ago

10 years exp.

1y ago

16 years exp.

Experience wise Cholamandalam MS General Insurance Area Head Bancassurance salaries

Last Updated: 20 Nov 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.5 L/yr
7 years (AmbitionBox Estimate)	₹6 L/yr - ₹13.1 L/yr
Login to view exact salary
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹8.5 L/yr
9 years (4 salaries)	₹6 L/yr - ₹8.8 L/yr
10 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹14 L/yr
11 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹10.5 L/yr
12 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr
13 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.5 L/yr
14 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹10 L/yr
15+ years (4 salaries)	₹3.5 L/yr - ₹10 L/yr

View all

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₹11.4 L/yr - ₹14.6 L/yr

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Salary related reviews for Cholamandalam MS General Insurance

2.0

Rated by 2 employees for salary & benefits

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.

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

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.

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 Head in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 15 Apr 2022

3.0

for Salary and Benefits

Likes

Overall company is good. Working culture is satisfactory. Salary compensation is also as per industry norms .

Dislikes

I can't say much because I am not dissatisfied with company,I am dissatisfied with my channel. But still I can say company should change their approach according to the market competition. Orthodox and old system should change time to time.

Skill development - Poor

+1 more

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Cholamandalam MS General Insurance Area Head Bancassurance Salary FAQs

What is the salary of Area Head Bancassurance at Cholamandalam MS General Insurance ?

The average salary of a Area Head Bancassurance at Cholamandalam MS General Insurance in India typically ranges from ₹6.0 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 6 years to 17 years).

The top 10% of Area Head Bancassurance at Cholamandalam MS General Insurance earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.5 Lakhs per year. Area Head Bancassurance 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 10+ Cholamandalam MS General Insurance employees in India.

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

The estimated take-home salary of a Area Head Bancassurance at Cholamandalam MS General Insurance in India typically ranges from ₹59,326 to ₹60,823 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 6 years to 17 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 10+ 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 Head Bancassurance in India?

Star Union Dai-ichi Life Insurance	₹12.0 Lakhs to ₹15.0 Lakhs per year
Niva Bupa Health Insurance Company	₹9.3 Lakhs to ₹13.9 Lakhs per year
Bharti AXA Life Insurance	₹9.7 Lakhs to ₹10.0 Lakhs per year
Axis Max Life Insurance	₹8.9 Lakhs to ₹10.0 Lakhs per year
Care Health Insurance	₹7.8 Lakhs to ₹12.0 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.

How the salary growth look like for a Area Head Bancassurance at Cholamandalam MS General Insurance in India?

The salary growth for a Area Head Bancassurance at Cholamandalam MS General Insurance depends on factors such as experience, performance, and promotions. On average, a Area Head Bancassurance can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience	Average Salary Range
6 years	₹2.8 Lakhs to ₹7.5 Lakhs per year
7 years	₹6.0 Lakhs to ₹13.1 Lakhs per year
8 years	₹6.0 Lakhs to ₹8.5 Lakhs per year
9 years	₹6.0 Lakhs to ₹8.8 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Area Head Bancassurance Salaries

Cholamandalam MS General Insurance Area Head Bancassurance salary in India ranges between ₹6 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.