Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary41% 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.
(69
salaries)
|  ₹3.1 L/yr - ₹7.2 L/yr |
Sales & Business Development
Branch Manager Salary
3 - 10
years
exp.
(66
salaries)
| ₹3.5 L/yr - ₹8.8 L/yr |
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| |
Marketing & Communication
Branch Manager Salary
3 - 10
years
exp.
(23
salaries)
| ₹3.6 L/yr - ₹6.8 L/yr |
Companies similar to Cholamandalam MS General Insurance for Branch Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Shriram General Insurance Branch Manager Salary
6 - 15 years exp. (173 salaries) | ₹3.2 L/yr - ₹8.5 L/yr 
19%
more | |
 Aditya Birla Health Insurance Co Branch Manager Salary
5 - 16 years exp. (158 salaries) | ₹5 L/yr - ₹12 L/yr
64%
more | |
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| ||
 Axis Max Life Insurance Branch Manager Salary
8 - 19 years exp. (140 salaries) | ₹7 L/yr - ₹14 L/yr
97%
more | 3 job openings |
 Bajaj Allianz Life Insurance Branch Manager Salary
7 - 18 years exp. (126 salaries) | ₹4.5 L/yr - ₹12.9 L/yr
53%
more | 6 job openings |
 Future Generali India Life Insurance Branch Manager Salary
7 - 19 years exp. (114 salaries) | ₹5 L/yr - ₹16.3 L/yr
82%
more | 2 job openings |
 Bharti AXA Life Insurance Branch Manager Salary
7 - 18 years exp. (72 salaries) | ₹5 L/yr - ₹12 L/yr
52%
more | |
 Edelweiss Life Insurance Branch Manager Salary
8 - 14 years exp. (50 salaries) | ₹5.7 L/yr - ₹8.5 L/yr
30%
more | |
 ManipalCigna Health Insurance Branch Manager Salary
7 - 17 years exp. (47 salaries) | ₹4.8 L/yr - ₹10.5 L/yr
49%
more | 1 job opening |
 Star Union Dai-ichi Life Insurance Branch Manager Salary
7 - 18 years exp. (42 salaries) | ₹5.5 L/yr - ₹11.5 L/yr
65%
more | 2 job openings |
 Aviva Life Insurance India Branch Manager Salary
7 - 22 years exp. (39 salaries) | ₹7 L/yr - ₹15 L/yr
85%
more | |
 Universal Sompo General Insurance Branch Manager Salary
10 - 17 years exp. (26 salaries) | ₹8 L/yr - ₹14.2 L/yr
95%
more | |
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| ||
 Royal Sundaram General Insurance Branch Manager Salary
6 - 17 years exp. (24 salaries) | ₹4.5 L/yr - ₹11 L/yr
47%
more | |
 Pramerica Life Insurance Branch Manager Salary
6 - 19 years exp. (21 salaries) | ₹6.5 L/yr - ₹11 L/yr
55%
more | |
 Life Insurance Corporation of India Branch Manager Salary
15 - 31 years exp. (15 salaries) | ₹9.7 L/yr - ₹31 L/yr
221%
more | |
 Ageas Federal Life Insurance Branch Manager Salary
8 - 22 years exp. (11 salaries) | ₹7 L/yr - ₹12 L/yr
71%
more | |
 Magma HDI General Insurance Branch Manager Salary
8 - 19 years exp. (11 salaries) | ₹5 L/yr - ₹9.3 L/yr
40%
more | |
 SBI General Insurance Branch Manager Salary
7 - 12 years exp. (7 salaries) | ₹6.5 L/yr - ₹10.5 L/yr
46%
more | |
 IndiaFirst Life Insurance Branch Manager Salary
6 - 18 years exp. (6 salaries) | ₹4.2 L/yr - ₹7.5 L/yr
7%
more | |
 Medi Assist India Branch Manager Salary
7 - 13 years exp. (6 salaries) | ₹4.3 L/yr - ₹13.6 L/yr
46%
more | |
Latest annual salaries shared by Cholamandalam MS General Insurance Branch Manager
Experience wise Cholamandalam MS General Insurance Branch Manager salaries
Last Updated: 16 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 3 years (21 salaries) |
₹3.5
L/yr
- ₹6
L/yr
|
| 4 years (27 salaries) |
₹2.9
L/yr
- ₹6.3
L/yr
|
Login to view exact salary
| |
| 5 years (30 salaries) |
₹3.6
L/yr
- ₹6.9
L/yr
|
| 6 years (26 salaries) |
₹3.5
L/yr
- ₹7.2
L/yr
|
| 7 years (16 salaries) |
₹3.5
L/yr
- ₹6.8
L/yr
|
From
To
Branch Manager
3 - 10 years exp.
Area Manager
8 - 17 years exp.
From
View 1 more level
To
Branch Manager
3 - 10 years exp.
State Head
11 - 20 years exp.
From
View 1 more level
To
Branch Manager
3 - 10 years exp.
Cluster Manager
5 - 17 years exp.
Similar Designation salaries in Cholamandalam MS General Insurance
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Cholamandalam MS General Insurance Branch Manager Salary FAQs
The top 10% of Branch Manager at Cholamandalam MS General Insurance earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Branch Manager Salaries at Cholamandalam MS General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.
These estimates are based on salary data submitted by 200+ Cholamandalam MS General Insurance employees in India.
| Life Insurance Corporation of India | ₹9.7 Lakhs to ₹31.0 Lakhs per year |
| Axis Max Life Insurance | ₹7.0 Lakhs to ₹14.0 Lakhs per year |
| Universal Sompo General Insurance | ₹8.0 Lakhs to ₹14.2 Lakhs per year |
| Aviva Life Insurance India | ₹7.0 Lakhs to ₹15.0 Lakhs per year |
| Future Generali India Life Insurance | ₹5.0 Lakhs to ₹16.3 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Cholamandalam MS General Insurance, depending on the role and experience level.
| Ageas Federal Life Insurance | ₹7.0 Lakhs to ₹12.0 Lakhs per year |
| Star Union Dai-ichi Life Insurance | ₹5.5 Lakhs to ₹11.5 Lakhs per year |
| Aditya Birla Health Insurance Co | ₹5.0 Lakhs to ₹12.0 Lakhs per year |
| Pramerica Life Insurance | ₹6.5 Lakhs to ₹11.0 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹4.5 Lakhs to ₹12.9 Lakhs per year |
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Experience | Average Salary Range |
|---|---|
| 3 years | ₹3.5 Lakhs to ₹6.0 Lakhs per year |
| 4 years | ₹2.9 Lakhs to ₹6.3 Lakhs per year |
| 5 years | ₹3.6 Lakhs to ₹6.9 Lakhs per year |
| 6 years | ₹3.5 Lakhs to ₹7.2 Lakhs per year |
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Cholamandalam MS General Insurance Branch Manager Salaries by Location
- Cholamandalam MS General Insurance Branch Manager salaries in Kolkata
- Cholamandalam MS General Insurance Branch Manager salaries in Kurnool
- Cholamandalam MS General Insurance Branch Manager salaries in Pune
- Cholamandalam MS General Insurance Branch Manager salaries in Bangalore / Bengaluru
- Cholamandalam MS General Insurance Branch Manager salaries in Nagpur
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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
202
Cholamandalam MS General Insurance latest salaries received from various employees of
Cholamandalam MS General Insurance.