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Cholamandalam MS General Insurance Branch Manager salaries in Bhubaneswar

Annual salary range
8 - 13 years exp.
₹4.7 Lakhs - ₹6.3 Lakhs
Salary of majority employees
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36% less than the average Branch Manager Salary in Insurance Companies for 8 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
13 years exp. (AmbitionBox Estimate)
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₹4.7 L/yr - ₹6.1 L/yr

Customer Success, Service & Operations
Branch Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹5.3 L/yr - ₹6.5 L/yr

Marketing & Communication
Branch Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.2 L/yr

Sales & Business Development
Branch Manager Salary
11 years exp. (AmbitionBox Estimate)
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₹4.8 L/yr - ₹6.7 L/yr

Last Updated: 29 Jun 2023

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

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Cholamandalam MS General Insurance Branch Manager Salary

8 - 13 years exp. (4 salaries)

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₹4.7 L/yr - ₹6.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹8 L/yr - ₹11 L/yr

arrow icon 73% more
2 job openings
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₹5 L/yr - ₹12 L/yr

arrow icon 69% more
1 job opening
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₹8.5 L/yr - ₹10.6 L/yr

arrow icon 63% more
Logo
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₹3.2 L/yr - ₹7.5 L/yr

arrow icon 12% more
Logo
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₹5.4 L/yr - ₹10.5 L/yr

arrow icon 56% more
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₹5.5 L/yr - ₹7 L/yr

arrow icon 19% more
Branch Manager salary at Cholamandalam MS General Insurance ranges between ₹4.7 Lakhs to ₹6.3 Lakhs per year for employees with experience between 8 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance.

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

1y ago
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11 years exp.
1y ago
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9 years exp.
1y ago
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8 years exp.
1y ago
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13 years exp.

Experience wise Cholamandalam MS General Insurance Branch Manager salaries in Bhubaneswar

Last Updated: 29 Jun 2023

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹5 L/yr - ₹9.6 L/yr
9 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹9.9 L/yr
10 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.5 L/yr
11 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹10.4 L/yr
12 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹6.8 L/yr
View all
Cholamandalam MS General Insurance Branch Manager Salary and Career Growth

From

To

Branch Manager

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4 - 15 years exp.

Area Head

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6 - 18 years exp.

From

1 more level

To

Branch Manager

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4 - 15 years exp.

Cluster Manager

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5 - 17 years exp.

View 1 more career path

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
(7 salaries)
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₹3.3 L/yr - ₹4.8 L/yr
Area Manager Salary
(3 salaries)
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₹5.4 L/yr - ₹11.35 L/yr

Salary related reviews for Cholamandalam MS General Insurance

1.0

Rated by 1 employees for salary & benefits

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

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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.

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Dislikes

weekly 1 off, need to change in 5 day working week.

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.

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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.

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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 .

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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.

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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.

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Cholamandalam MS General Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at Cholamandalam MS General Insurance Bhubaneswar?
Branch Manager salary at Cholamandalam MS General Insurance in Bhubaneswar ranges between ₹4.7 Lakhs to ₹6.3 Lakhs for experience between 8 years to 13 years. According to our estimates it is 36% less than the average Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance Bhubaneswar.
How does the salary of a Branch Manager at Cholamandalam MS General Insurance Bhubaneswar compare with the average salary range for this job?
The average salary of a Branch Manager at Cholamandalam MS General Insurance is 36% less than the average salary of a Branch Manager in Bhubaneswar. To know exact salary insights, login to view.
Which similar companies are paying more than Cholamandalam MS General Insurance to a Branch Manager in Bhubaneswar?
  • HDFC Ergo General Insurance Branch Manager Salary - ₹8.0 Lakhs to ₹11.0 Lakhs per year
  • Future Generali India Life Insurance Branch Manager Salary - ₹5.0 Lakhs to ₹12.0 Lakhs per year
  • Aditya Birla Health Insurance Co Branch Manager Salary - ₹8.5 Lakhs to ₹10.6 Lakhs per year
  • Bharti AXA Life Insurance Branch Manager Salary - ₹5.4 Lakhs to ₹10.5 Lakhs per year
  • Edelweiss Tokio Life Insurance Branch Manager Salary - ₹5.5 Lakhs to ₹7.0 Lakhs per year
What is the salary of a Branch Manager in companies similar to Cholamandalam MS General Insurance in Bhubaneswar?
  • Shriram General Insurance Branch Manager Salary - ₹3.2 Lakhs to ₹7.5 Lakhs per year
What is the estimated take home salary of a Branch Manager at Cholamandalam MS General Insurance in Bhubaneswar?
The estimated take-home salary of a Branch Manager at Cholamandalam MS General Insurance ranges between ₹41,932 per month to ₹43,068 per month in Bhubaneswar. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Branch Manager salary in India which ranges between ₹4.7 Lakhs to ₹6.3 Lakhs per year for employees with experience between 8 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager at Cholamandalam MS General Insurance in Bhubaneswar?
According to AmbitionBox, 50% of the Cholamandalam MS General Insurance Branch Managers in Bhubaneswar reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Cholamandalam MS General Insurance Branch Manager salary in Bhubaneswar ranges between ₹4.7 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.