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Good company. Having Employee friendly. Happy to work here...
Annual salary range
4 - 10 years exp.
₹4.5
Lakhs - ₹6.4
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary15% less than the average Branch Business Manager Salary in Insurance Companies for 4 - 10 years of experience
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Salaries in different departments
Sales & Business Development
Branch Business Manager Salary
6 - 10
years
exp.
(AmbitionBox Estimate)
|  ₹4.8 L/yr - ₹6.4 L/yr |
Login to view exact salary
| |
BFSI, Investments & Trading
Branch Business Manager Salary
5
years
exp.
(AmbitionBox Estimate)
| ₹4.9 L/yr - ₹5.9 L/yr |
Companies similar to Cholamandalam MS General Insurance for Branch Business Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Reliance General Insurance Branch Business Manager Salary
9 - 15 years exp. (3 salaries) | ₹7.5 L/yr - ₹9.1 L/yr 
57%
more | |
 ICICI Bank Branch Business Manager Salary
0 - 10 years exp. (141 salaries) | ₹2.5 L/yr - ₹8.9 L/yr 
6%
less | |
Login to view exact salary
| ||
 Cholamandalam Investment & Finance Branch Business Manager Salary
4 - 13 years exp. (112 salaries) | ₹3 L/yr - ₹9.9 L/yr
22%
more | 1 job opening |
 Veritas Finance Branch Business Manager Salary
1 - 14 years exp. (35 salaries) | ₹3.6 L/yr - ₹6.1 L/yr
4%
less | |
 Muthoot Fincorp Branch Business Manager Salary
4 - 11 years exp. (29 salaries) | ₹3.5 L/yr - ₹8.7 L/yr
7%
more | 1 job opening |
Branch Business Manager salary at Cholamandalam MS General Insurance ranges between ₹4.5
Lakhs
to ₹6.4
Lakhs
per year for employees with experience between 4 years to 10 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 Branch Business Manager
11mo ago
6
years
exp.
1y ago
9
years
exp.
1y ago
10
years
exp.
1y ago
5
years
exp.
Experience wise Cholamandalam MS General Insurance Branch Business Manager salaries
Last Updated: 28 Dec 2023
| Experience | Avg Annual Salary |
|---|---|
| 4 years (AmbitionBox Estimate) |
₹5.4
L/yr
- ₹10.4
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹5.4
L/yr
- ₹10.1
L/yr
|
Login to view exact salary
| |
| 6 years (AmbitionBox Estimate) |
₹2.2
L/yr
- ₹6.4
L/yr
|
| 7 years (AmbitionBox Estimate) |
₹4.8
L/yr
- ₹6.1
L/yr
|
| 8 years (AmbitionBox Estimate) |
₹4.6
L/yr
- ₹5.9
L/yr
|
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Salary Discussions, Hike & Promotions
2w
a technical project manager
Deadend
Hi,
I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA.
I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation.
I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component.
I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this.
What should be my next move?
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Cholamandalam MS General Insurance Branch Business Manager Salary FAQs
What is the salary of Branch Business Manager at Cholamandalam MS General Insurance?
Branch Business Manager salary at Cholamandalam MS General Insurance in India ranges between ₹4.5 Lakhs to ₹6.4 Lakhs for experience between 4 years to 10 years. According to our estimates it is 15% less than the average Branch Business Manager 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 Branch Business Manager at Cholamandalam MS General Insurance India compare with the average salary range for this job?
The average salary of a Branch Business Manager at Cholamandalam MS General Insurance is 15% less than the average salary of a Branch Business Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Cholamandalam MS General Insurance to a Branch Business Manager in India?
- Reliance General Insurance Branch Business Manager Salary - ₹7.5 Lakhs to ₹9.1 Lakhs per year
- Cholamandalam Investment & Finance Branch Business Manager Salary - ₹3.0 Lakhs to ₹9.9 Lakhs per year
- Muthoot Fincorp Branch Business Manager Salary - ₹3.5 Lakhs to ₹8.7 Lakhs per year
What is the salary of a Branch Business Manager in companies similar to Cholamandalam MS General Insurance in India?
- Veritas Finance Branch Business Manager Salary - ₹3.6 Lakhs to ₹6.1 Lakhs per year
- ICICI Bank Branch Business Manager Salary - ₹2.5 Lakhs to ₹8.9 Lakhs per year
What is the estimated take home salary of a Branch Business Manager at Cholamandalam MS General Insurance in India?
The estimated take-home salary of a Branch Business Manager at Cholamandalam MS General Insurance ranges between ₹39,909 per month to ₹41,076 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Branch Business Manager salary in India which ranges between ₹4.5 Lakhs to ₹6.4 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Branch Business Manager at Cholamandalam MS General Insurance?
According to AmbitionBox, 100% of the Cholamandalam MS General Insurance Branch Business Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.
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Cholamandalam MS General Insurance Branch Business Manager salary
in
India
ranges between ₹4.5
Lakhs to ₹6.4
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.