Cholamandalam MS General Insurance BM Salaries by 5 Employees (Updated 2025)

2 - 7 years exp.

₹4.3 Lakhs - ₹6.2 Lakhs

Low Confidence

Salary of majority employees

13% 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)	₹4.3 L/yr - ₹4.6 L/yr
Finance & Accounting BM Salary 3 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹5.9 L/yr
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Marketing & Communication BM Salary 7 years exp. (AmbitionBox Estimate)	₹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
Reliance General Insurance BM Salary 10 - 13 years exp. (4 salaries)	₹5 L/yr - ₹6.6 L/yr 19% more
Future Generali India Life Insurance BM Salary 6 - 11 years exp. (4 salaries)	₹6 L/yr - ₹7.2 L/yr 33% more
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Bharti AXA Life Insurance BM Salary 2 - 7 years exp. (6 salaries)	₹2.5 L/yr - ₹3 L/yr 47% less
Bajaj Allianz Life Insurance BM Salary 3 - 15 years exp. (4 salaries)	₹5.4 L/yr - ₹8 L/yr 33% more
AU Small Finance Bank BM Salary 4 - 9 years exp. (24 salaries)	₹2.9 L/yr - ₹7.3 L/yr 6% less

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.

Experience wise Cholamandalam MS General Insurance BM salaries

Last Updated: 4 Jun 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.2 L/yr
3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.4 L/yr
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4 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹6.2 L/yr

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Salary related reviews for Cholamandalam MS General Insurance

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.

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

Senior Officer in Trichy

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.

Salary - Excellent

+4 more

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

Customer Service Executive

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.

Salary - Poor

+4 more

Back Office Executive in New Delhi

BFSI, Investments & Trading Department

2.0

• posted on 11 Oct 2018

1.0

for Salary and Benefits

Likes

My colleagues only

Company culture - Good

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

Salary - Bad

+5 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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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 13% 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 13% 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?

Future Generali India Life Insurance BM Salary - ₹6.0 Lakhs to ₹7.2 Lakhs per year
Bajaj Allianz Life Insurance BM Salary - ₹5.4 Lakhs to ₹8.0 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.

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Cholamandalam MS General Insurance BM Salaries by Location

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Cholamandalam MS General Insurance BM Salaries

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