Cholamandalam MS General Insurance Branch Incharge Salaries by 4 Employees (Updated 2024)

9 - 11 years exp.

₹5.3 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

33% more than the average Branch Incharge Salary in Insurance Companies for 9 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Incharge Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹5.8 L/yr
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Sales & Business Development Branch Incharge Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹7 L/yr

Last Updated: 25 Dec 2023

Companies similar to Cholamandalam MS General Insurance for Branch Incharge

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Branch Incharge Salary 5 - 10 years exp. (5 salaries)	₹3.3 L/yr - ₹6.9 L/yr 12% less
Bajaj Allianz General Insurance Branch Incharge Salary 4 - 11 years exp. (4 salaries)	₹2 L/yr - ₹8 L/yr 12% less
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Reliance General Insurance Branch Incharge Salary 7 - 12 years exp. (4 salaries)	₹5.3 L/yr - ₹7 L/yr 8% more
Tata AIG Branch Incharge Salary 4 - 14 years exp. (7 salaries)	₹4.4 L/yr - ₹7 L/yr 8% more
Future Generali India Life Insurance Branch Incharge Salary 8 - 13 years exp. (4 salaries)	₹4.3 L/yr - ₹9.9 L/yr 30% more
Shriram General Insurance Branch Incharge Salary 3 - 12 years exp. (36 salaries)	₹3 L/yr - ₹6.1 L/yr 21% less
Royal Sundaram General Insurance Branch Incharge Salary 9 - 18 years exp. (6 salaries)	₹6 L/yr - ₹12.2 L/yr 55% more
Bharti AXA Life Insurance Branch Incharge Salary 3 - 9 years exp. (6 salaries)	₹1.8 L/yr - ₹5.1 L/yr 33% less

Branch Incharge salary at Cholamandalam MS General Insurance ranges between ₹5.3 Lakhs to ₹7 Lakhs per year for employees with experience between 9 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 Branch Incharge salaries

Last Updated: 25 Dec 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹10 L/yr
10 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹10.3 L/yr
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11 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7 L/yr

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Salary related reviews for Cholamandalam MS General Insurance

4.1

Rated by 4 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...

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

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.

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.

Territory Manager in Khammam

Health Insurance Department

5.0

• posted on 15 Feb 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

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.

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a technical project manager

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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 Incharge Salary FAQs

What is the salary of Branch Incharge at Cholamandalam MS General Insurance?

Branch Incharge salary at Cholamandalam MS General Insurance in India ranges between ₹5.3 Lakhs to ₹7.0 Lakhs for experience between 9 years to 11 years. According to our estimates it is 33% more than the average Branch Incharge 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 Branch Incharge at Cholamandalam MS General Insurance India compare with the average salary range for this job?

The average salary of a Branch Incharge at Cholamandalam MS General Insurance is 33% more than the average salary of a Branch Incharge in India. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam MS General Insurance to a Branch Incharge in India?

Royal Sundaram General Insurance Branch Incharge Salary - ₹6.0 Lakhs to ₹12.2 Lakhs per year
Future Generali India Life Insurance Branch Incharge Salary - ₹4.3 Lakhs to ₹9.9 Lakhs per year
Reliance General Insurance Branch Incharge Salary - ₹5.3 Lakhs to ₹7.0 Lakhs per year
Tata AIG Branch Incharge Salary - ₹4.4 Lakhs to ₹7.0 Lakhs per year

What is the salary of a Branch Incharge in companies similar to Cholamandalam MS General Insurance in India?

ICICI Lombard General Insurance Company Branch Incharge Salary - ₹3.3 Lakhs to ₹6.9 Lakhs per year
Bajaj Allianz General Insurance Branch Incharge Salary - ₹2.0 Lakhs to ₹8.0 Lakhs per year
Shriram General Insurance Branch Incharge Salary - ₹3.0 Lakhs to ₹6.1 Lakhs per year
Bharti AXA Life Insurance Branch Incharge Salary - ₹1.8 Lakhs to ₹5.1 Lakhs per year

What is the estimated take home salary of a Branch Incharge at Cholamandalam MS General Insurance in India?

The estimated take-home salary of a Branch Incharge at Cholamandalam MS General Insurance ranges between ₹42,045 per month to ₹43,179 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Branch Incharge salary in India which ranges between ₹5.3 Lakhs to ₹7.0 Lakhs per year for employees with experience between 9 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Branch Incharge at Cholamandalam MS General Insurance?

According to AmbitionBox, 100% of the Cholamandalam MS General Insurance Branch Incharges reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Branch Incharge Salaries

Cholamandalam MS General Insurance Branch Incharge salary in India ranges between ₹5.3 Lakhs to ₹7 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.