Cholamandalam MS General Insurance Chennai Branch Manager Salaries by 3 Employees (Updated 2025)

6 - 9 years exp.

₹4.2 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

47% less than the average Branch Manager Salary in Insurance Companies for 6 - 9 years of experience

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Salaries in different departments

Sales & Business Development Branch Manager Salary 6 - 9 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6 L/yr
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Customer Success, Service & Operations Branch Manager Salary 8 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.8 L/yr

Last Updated: 2 Feb 2025

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

Cholamandalam MS General Insurance Branch Manager Salary

6 - 9 years exp. (3 salaries)

₹4.2 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Branch Manager Salary 6 - 11 years exp. (3 salaries)	₹5 L/yr - ₹9.3 L/yr 62% more	2 job openings
HDFC Ergo General Insurance Branch Manager Salary 10 - 15 years exp. (4 salaries)	₹5.8 L/yr - ₹11 L/yr 65% more
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Aditya Birla Health Insurance Co Branch Manager Salary 7 - 13 years exp. (10 salaries)	₹7.5 L/yr - ₹10.5 L/yr 65% more
Bajaj Allianz Life Insurance Branch Manager Salary 7 - 17 years exp. (7 salaries)	₹7.2 L/yr - ₹12.1 L/yr 81% more	1 job opening
Shriram General Insurance Branch Manager Salary 8 - 15 years exp. (7 salaries)	₹4 L/yr - ₹7.7 L/yr 13% more
Life Insurance Corporation of India Branch Manager Salary 10 - 31 years exp. (3 salaries)	₹8 L/yr - ₹28 L/yr 231% more

Branch Manager salary at Cholamandalam MS General Insurance ranges between ₹4.2 Lakhs to ₹6 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 3 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Branch Manager salaries in Chennai

Last Updated: 2 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.5 L/yr
7 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
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8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹10 L/yr
9 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6 L/yr

From

Branch Manager

₹

Lakhs/yr

4 - 10 years exp.

State Head

₹

Lakhs/yr

11 - 20 years exp.

Branch Manager 4 - 10 years exp.

Area Head 6 - 18 years exp.

74% hike

State Head 11 - 20 years exp.

79% hike

From

Branch Manager

4 - 10 years exp.

Area Manager

5 - 16 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

Deputy Manager Salary

(28 salaries)

₹6.2 L/yr - ₹11 L/yr

Chief Manager Salary

(13 salaries)

₹19 L/yr - ₹30 L/yr

Sales Manager Salary

(11 salaries)

₹3.15 L/yr - ₹5 L/yr

Area Manager Salary

(6 salaries)

₹6.5 L/yr - ₹12 L/yr

Salary related reviews for Cholamandalam MS General Insurance

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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Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Cholamandalam MS General Insurance Branch Manager Salary FAQs

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

According to AmbitionBox, 50% of the Cholamandalam MS General Insurance Branch Managers in Chennai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Branch Manager Salaries in Chennai

Cholamandalam MS General Insurance Branch Manager salary in Chennai ranges between ₹4.2 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Branch Manager salaries in Chennai

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

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

Experience wise Cholamandalam MS General Insurance Branch Manager salaries in Chennai

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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