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Cholamandalam MS General Insurance

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3.8

based on 2k Reviews

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Cholamandalam MS General Insurance Branch Manager salaries in Ahmedabad

Annual salary range
3 - 9 years exp.
₹4 Lakhs - ₹6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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46% less than the average Branch Manager Salary in Insurance Companies for 3 - 9 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
5 - 8 years exp. (3 salaries)
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₹4 L/yr - ₹6 L/yr

Sales & Business Development
Branch Manager Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.6 L/yr

Last Updated: 17 Dec 2023

Companies similar to Cholamandalam MS General Insurance for Branch Manager in Ahmedabad

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Cholamandalam MS General Insurance Branch Manager Salary

3 - 9 years exp. (6 salaries)
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₹4 L/yr - ₹6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Axis Max Life Insurance Branch Manager Salary

9 - 14 years exp. (7 salaries)
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₹7 L/yr - ₹11 L/yr

arrow icon 79% more
 1 job opening
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Shriram General Insurance Branch Manager Salary

6 - 9 years exp. (4 salaries)
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₹5.6 L/yr - ₹7 L/yr

arrow icon 16% more
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Future Generali India Life Insurance Branch Manager Salary

14 - 18 years exp. (3 salaries)
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₹8.5 L/yr - ₹11.8 L/yr

arrow icon 75% more
 2 job openings
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IIFL Finance Branch Manager Salary

3 - 16 years exp. (85 salaries)
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₹2.4 L/yr - ₹7 L/yr

arrow icon 3% less
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IndusInd Bank Branch Manager Salary

6 - 20 years exp. (71 salaries)
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₹6.6 L/yr - ₹24 L/yr

arrow icon 153% more
 130 job openings
Branch Manager salary at Cholamandalam MS General Insurance ranges between ₹4 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Branch Manager in Ahmedabad

1y ago
₹5 Lakhs
4 years exp.
1y ago
₹5 Lakhs
3 years exp.

Experience wise Cholamandalam MS General Insurance Branch Manager salaries in Ahmedabad

Last Updated: 17 Dec 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr
4 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.7 L/yr
5 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
6 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.3 L/yr
View all
Cholamandalam MS General Insurance Branch Manager Salary and Career Growth

From

To

Branch Manager

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3 - 14 years exp.

Area Manager

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6 - 16 years exp.

From

View 1 more level

To

Branch Manager

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3 - 14 years exp.

State Head

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11 - 20 years exp.

From

View 1 more level

To

Branch Manager

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3 - 14 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

Sales Manager Salary
(5 salaries)
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₹2.9 L/yr - ₹5 L/yr

Salary related reviews for Cholamandalam MS General Insurance

4.0

Rated by 1 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.

read more

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

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • 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 .

read more

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.

read more
  • Skill development - Poor
    • +1 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Cholamandalam MS General Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at Cholamandalam MS General Insurance in Ahmedabad?
The average salary of a Branch Manager at Cholamandalam MS General Insurance in Ahmedabad typically ranges from ₹4.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Branch Manager in Ahmedabad at Cholamandalam MS General Insurance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 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 6 Cholamandalam MS General Insurance employees in India.
What is the estimated take home salary of a Branch Manager at Cholamandalam MS General Insurance in Ahmedabad?
The estimated take-home salary of a Branch Manager at Cholamandalam MS General Insurance in Ahmedabad typically ranges from ₹42,990 to ₹44,110 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years to 9 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Cholamandalam MS General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Cholamandalam MS General Insurance for Branch Manager in India?
IndusInd Bank ₹6.6 Lakhs to ₹24.0 Lakhs per year
Axis Max Life Insurance ₹7.0 Lakhs to ₹11.0 Lakhs per year
Future Generali India Life Insurance ₹8.5 Lakhs to ₹11.8 Lakhs per year
Shriram General Insurance ₹5.6 Lakhs to ₹7.0 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.
What is the salary of a Branch Manager in companies similar to Cholamandalam MS General Insurance in Ahmedabad?
The salary of a Branch Manager at companies similar to Cholamandalam MS General Insurance in Ahmedabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IIFL Finance ₹2.4 Lakhs to ₹7.0 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.
How the salary growth look like for a Branch Manager at Cholamandalam MS General Insurance in Ahmedabad?
The salary growth for a Branch Manager at Cholamandalam MS General Insurance in Ahmedabad depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Ahmedabad can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience Average Salary Range
3 years ₹4.4 Lakhs to ₹5.6 Lakhs per year
4 years ₹4.5 Lakhs to ₹5.7 Lakhs per year
5 years ₹4.6 Lakhs to ₹5.9 Lakhs per year
6 years ₹4.8 Lakhs to ₹6.1 Lakhs per year
and so on.

Tell us how to improve this page.

Cholamandalam MS General Insurance Branch Manager salary in Ahmedabad ranges between ₹4 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.