Cholamandalam MS General Insurance Branch Manager Salaries by 200+ Employees (Updated 2025)

3 - 10 years exp.

₹2.9 Lakhs - ₹8.8 Lakhs

Salary of majority employees

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43% less than the average Branch Manager Salary in Insurance Companies for 3 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 3 - 10 years exp. (73 salaries)	Unlock ₹3.1 L/yr - ₹7.5 L/yr
Sales & Business Development Branch Manager Salary 3 - 10 years exp. (68 salaries)	Unlock ₹3.5 L/yr - ₹8.8 L/yr
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Marketing & Communication Branch Manager Salary 3 - 10 years exp. (23 salaries)	Unlock ₹3.6 L/yr - ₹6.8 L/yr

Last Updated: 8 Mar 2025

Companies similar to Cholamandalam MS General Insurance for Branch Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Branch Manager Salary 5 - 17 years exp. (215 salaries)	Unlock ₹4.5 L/yr - ₹13 L/yr 69% more	3 job openings
HDFC Ergo General Insurance Branch Manager Salary 9 - 18 years exp. (194 salaries)	Unlock ₹4.7 L/yr - ₹14.5 L/yr 73% more
Login to view exact salary
Bajaj Allianz General Insurance Branch Manager Salary 5 - 13 years exp. (14 salaries)	Unlock ₹4.3 L/yr - ₹12.5 L/yr 43% more	6 job openings
Reliance General Insurance Branch Manager Salary 8 - 19 years exp. (63 salaries)	Unlock ₹5.2 L/yr - ₹16 L/yr 89% more
Tata AIG Branch Manager Salary 7 - 16 years exp. (67 salaries)	Unlock ₹5.9 L/yr - ₹12 L/yr 66% more	1 job opening
United India Insurance Company Branch Manager Salary 4 - 10 years exp. (7 salaries)	Unlock ₹9 L/yr - ₹20 L/yr 197% more
National Insurance Company Branch Manager Salary 8 - 9 years exp. (6 salaries)	Unlock ₹11 L/yr - ₹15.1 L/yr 123% more
The New India Assurance Co. Branch Manager Salary 5 - 10 years exp. (10 salaries)	Unlock ₹10 L/yr - ₹18.5 L/yr 200% more
SBI General Insurance Branch Manager Salary 7 - 12 years exp. (7 salaries)	Unlock ₹6.5 L/yr - ₹10.5 L/yr 49% more
Future Generali India Life Insurance Branch Manager Salary 7 - 19 years exp. (114 salaries)	Unlock ₹5 L/yr - ₹16.3 L/yr 86% more	1 job opening

View all

Branch Manager salary at Cholamandalam MS General Insurance ranges between ₹2.9 Lakhs to ₹8.8 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 205 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Branch Manager

3d ago

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8 years exp.

1w ago

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10 years exp.

2w ago

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10 years exp.

3w ago

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6 years exp.

3w ago

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3 years exp.

2mo ago

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9 years exp.

2mo ago

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9 years exp.

2mo ago

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9 years exp.

3mo ago

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9 years exp.

3mo ago

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6 years exp.

Experience wise Cholamandalam MS General Insurance Branch Manager salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
3 years (21 salaries)	Unlock ₹3.5 L/yr - ₹6 L/yr
4 years (27 salaries)	Unlock ₹2.9 L/yr - ₹6.3 L/yr
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5 years (29 salaries)	Unlock ₹3.6 L/yr - ₹6.9 L/yr
6 years (26 salaries)	Unlock ₹3.3 L/yr - ₹6.8 L/yr
7 years (21 salaries)	Unlock ₹3.3 L/yr - ₹7.5 L/yr
8 years (29 salaries)	Unlock ₹3.5 L/yr - ₹8 L/yr
9 years (31 salaries)	Unlock ₹4 L/yr - ₹8 L/yr
10 years (21 salaries)	Unlock ₹4.1 L/yr - ₹8.8 L/yr

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From

Branch Manager

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3 - 10 years exp.

Area Manager

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₹

Lakhs/yr

8 - 16 years exp.

From

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Branch Manager

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3 - 10 years exp.

State Head

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11 - 20 years exp.

From

View 1 more level

Branch Manager

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3 - 10 years exp.

Cluster Manager

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5 - 17 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Cholamandalam MS General Insurance

Area Manager Salary

(111 salaries)

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₹5.25 L/yr - ₹16.54 L/yr

Credit Manager Salary

(5 salaries)

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₹4.7 L/yr - ₹8 L/yr

Sales Manager Salary

(204 salaries)

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₹1.7 L/yr - ₹6.5 L/yr

Branch Incharge Salary

(4 salaries)

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₹5.3 L/yr - ₹7 L/yr

Branch Head Salary

(AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.6 L/yr

Deputy Manager Salary

(46 salaries)

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₹4 L/yr - ₹11.2 L/yr

Chief Manager Salary

(20 salaries)

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₹19 L/yr - ₹30 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

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₹6.3 L/yr - ₹8 L/yr

Senior Branch Manager Salary

(15 salaries)

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₹5.8 L/yr - ₹8.5 L/yr

Cluster Manager Salary

(17 salaries)

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₹6.5 L/yr - ₹10 L/yr

Salary related reviews for Cholamandalam MS General Insurance

3.6

Rated by 112 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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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Cholamandalam MS General Insurance Branch Manager Salary FAQs

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

Branch Manager salary at Cholamandalam MS General Insurance in India ranges between ₹2.9 Lakhs to ₹8.8 Lakhs for experience between 3 years to 10 years. According to our estimates it is 43% less than the average Branch Manager Salary in India. Salary estimates are based on 205 latest salaries received from various employees of Cholamandalam MS General Insurance India.

How does the salary of a Branch Manager at Cholamandalam MS General Insurance India compare with the average salary range for this job?

The average salary of a Branch Manager at Cholamandalam MS General Insurance is 43% less than the average salary of a Branch 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 Manager in India?

Life Insurance Corporation of India Branch Manager Salary - ₹15.3 Lakhs to ₹28.0 Lakhs per year
The New India Assurance Co. Branch Manager Salary - ₹10.0 Lakhs to ₹18.5 Lakhs per year
United India Insurance Company Branch Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
National Insurance Company Branch Manager Salary - ₹11.0 Lakhs to ₹15.1 Lakhs per year
Axis Max Life Insurance Branch Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year

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

Aviva Life Insurance India Branch Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
Reliance General Insurance Branch Manager Salary - ₹5.2 Lakhs to ₹16.0 Lakhs per year
Future Generali India Life Insurance Branch Manager Salary - ₹5.0 Lakhs to ₹16.3 Lakhs per year
Ageas Federal Life Insurance Branch Manager Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year
HDFC Ergo General Insurance Branch Manager Salary - ₹4.7 Lakhs to ₹14.5 Lakhs per year

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

The estimated take-home salary of a Branch Manager at Cholamandalam MS General Insurance ranges between ₹39,765 per month to ₹40,934 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Branch Manager salary in India which ranges between ₹2.9 Lakhs to ₹8.8 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 51% of the Cholamandalam MS General Insurance Branch Managers reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 181 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Branch Manager Salaries

Cholamandalam MS General Insurance Branch Manager salary in India ranges between ₹2.9 Lakhs to ₹8.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 205 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Branch Manager salaries in India (Updated 2025)

Companies similar to Cholamandalam MS General Insurance for Branch Manager

Latest annual salaries shared by Cholamandalam MS General Insurance Branch Manager

Experience wise Cholamandalam MS General Insurance Branch Manager salaries

Similar Designation salaries in Cholamandalam MS General Insurance

Salary related reviews for Cholamandalam MS General Insurance

Area Manager in Bikaner

Sales Manager in New Delhi

Area Head in Pune

Deputy Manager in Chennai

Area Head in Pune

Cholamandalam MS General Insurance Branch Manager Salary FAQs

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Cholamandalam MS General Insurance Branch Manager Salaries by Location