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Cholamandalam MS General Insurance BM salaries in India

Annual salary range
2 - 7 years exp.
₹4.3 Lakhs - ₹6.2 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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12% less than the average BM Salary in Insurance Companies for 2 - 7 years of experience

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Salaries in different departments

Sales & Business Development
BM Salary
2 - 7 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹4.6 L/yr

Finance & Accounting
BM Salary
3 years exp. (AmbitionBox Estimate)
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₹4.9 L/yr - ₹5.9 L/yr

Marketing & Communication
BM Salary
7 years exp. (AmbitionBox Estimate)
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₹5.6 L/yr - ₹6.8 L/yr

Last Updated: 4 Jun 2024

Companies similar to Cholamandalam MS General Insurance for BM

Company name Avg Annual Salary Open Jobs
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Reliance General Insurance BM Salary

10 - 13 years exp. (4 salaries)

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₹5 L/yr - ₹6.6 L/yr

arrow icon 19% more
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₹6 L/yr - ₹7.2 L/yr

arrow icon 30% more
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Bharti AXA Life Insurance BM Salary

2 - 7 years exp. (6 salaries)

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₹2.5 L/yr - ₹3 L/yr

arrow icon 47% less
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AU Small Finance Bank BM Salary

4 - 9 years exp. (24 salaries)

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₹2.9 L/yr - ₹7.3 L/yr

arrow icon 11% less
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ICICI Bank BM Salary

7 - 12 years exp. (15 salaries)

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₹3.5 L/yr - ₹8.1 L/yr

arrow icon 60% more
BM salary at Cholamandalam MS General Insurance ranges between ₹4.3 Lakhs to ₹6.2 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance BM

6mo ago
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7 years exp.
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2 years exp.
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7 years exp.
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3 years exp.

Experience wise Cholamandalam MS General Insurance BM salaries

Last Updated: 4 Jun 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹8.2 L/yr
3 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.4 L/yr
4 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.7 L/yr
5 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
6 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6.1 L/yr
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Similar Designation salaries in Cholamandalam MS General Insurance

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₹0.9 L/yr - ₹3.25 L/yr
Area Manager Salary
(124 salaries)
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₹4.5 L/yr - ₹15 L/yr
Senior Lead Salary
(81 salaries)
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₹2.7 L/yr - ₹5.1 L/yr
Sales Executive Salary
(71 salaries)
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₹1.4 L/yr - ₹4.1 L/yr
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₹1.05 L/yr - ₹3.6 L/yr
Senior Officer Salary
(48 salaries)
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₹2.4 L/yr - ₹4.05 L/yr
Deputy Manager Salary
(48 salaries)
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₹5 L/yr - ₹11.2 L/yr
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₹1 L/yr - ₹4 L/yr
Team Lead Salary
(36 salaries)
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₹2.8 L/yr - ₹9.5 L/yr
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₹4.6 L/yr - ₹11.25 L/yr

Salary related reviews for Cholamandalam MS General Insurance

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...

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

 · 

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

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.

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BFSI, Investments & Trading Department

5.0
  •  posted on 23 Apr 2021

5.0
 for  Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good, appraisals are ok and they give salary hike and bonus every year.

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Dislikes

Career growth is taking more time..they identify the good employees and they trying to help their growth bt it's not approved by management

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Operations Department

2.0
  •  posted on 10 Jun 2019

2.0
 for  Salary and Benefits

Likes

Good working environment and. Supportive superiors

Dislikes

Pay scale is too low and proper training will not be provided. Will get very little exposure. When it comes to promotion they only prefer candidates who work in that form from long time and also who is friendly with them and Key people of that company is from Tamil Nadu.. From this we can understand how they discourage other employees who are talented and have better qualifications.

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BFSI, Investments & Trading Department

2.0
  •  posted on 11 Oct 2018

1.0
 for  Salary and Benefits

Likes

My colleagues only

Dislikes

...k office employee but after chaning profile as customer retaintion excutive i.e. sales profile back office, bcz of cost cutting doing all type of work from a single employee, pathetic experiance

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Cholamandalam MS General Insurance BM Salary FAQs

What is the salary of BM at Cholamandalam MS General Insurance?
BM salary at Cholamandalam MS General Insurance in India ranges between ₹4.3 Lakhs to ₹6.2 Lakhs for experience between 2 years to 7 years. According to our estimates it is 12% less than the average BM Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam MS General Insurance India.
How does the salary of a BM at Cholamandalam MS General Insurance India compare with the average salary range for this job?
The average salary of a BM at Cholamandalam MS General Insurance is 12% less than the average salary of a BM in India. To know exact salary insights, login to view.
Which similar companies are paying more than Cholamandalam MS General Insurance to a BM in India?
  • ICICI Bank BM Salary - ₹3.5 Lakhs to ₹8.1 Lakhs per year
  • Future Generali India Life Insurance BM Salary - ₹6.0 Lakhs to ₹7.2 Lakhs per year
  • Reliance General Insurance BM Salary - ₹5.0 Lakhs to ₹6.6 Lakhs per year
What is the salary of a BM in companies similar to Cholamandalam MS General Insurance in India?
  • AU Small Finance Bank BM Salary - ₹2.9 Lakhs to ₹7.3 Lakhs per year
  • Bharti AXA Life Insurance BM Salary - ₹2.5 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a BM at Cholamandalam MS General Insurance in India?
The estimated take-home salary of a BM at Cholamandalam MS General Insurance ranges between ₹37,666 per month to ₹38,866 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance BM salary in India which ranges between ₹4.3 Lakhs to ₹6.2 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?
What is the notice period for BM at Cholamandalam MS General Insurance?
According to AmbitionBox, 100% of the Cholamandalam MS General Insurance BMs reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Cholamandalam MS General Insurance BM salary in India ranges between ₹4.3 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.