Cholamandalam MS General Insurance Surat Branch Manager Salaries by 4 Employees (Updated 2025)

6 - 10 years exp.

₹5.4 Lakhs - ₹8 Lakhs

Salary of majority employees

48% less than the average Branch Manager Salary in Insurance Companies for 6 - 10 years of experience

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Salaries in different departments

Sales & Business Development Branch Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹8 L/yr
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BFSI, Investments & Trading Branch Manager Salary 6 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.2 L/yr

Last Updated: 5 Jan 2025

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

Cholamandalam MS General Insurance Branch Manager Salary

6 - 10 years exp. (4 salaries)

₹5.4 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Branch Manager Salary 5 - 11 years exp. (5 salaries)	₹8 L/yr - ₹10 L/yr 56% more
Kotak Mahindra Bank Branch Manager Salary 8 - 21 years exp. (41 salaries)	₹9 L/yr - ₹24 L/yr 178% more	1 job opening
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IndusInd Bank Branch Manager Salary 8 - 19 years exp. (32 salaries)	₹7.3 L/yr - ₹19.5 L/yr 155% more	12 job openings
Home First Finance Company India Branch Manager Salary 3 - 8 years exp. (25 salaries)	₹4.6 L/yr - ₹14.2 L/yr 63% more
Aye Finance Branch Manager Salary 4 - 12 years exp. (8 salaries)	₹4.4 L/yr - ₹6.7 L/yr 7% less

Branch Manager salary at Cholamandalam MS General Insurance ranges between ₹5.4 Lakhs to ₹8 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Branch Manager salaries in Surat

Last Updated: 5 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹10.3 L/yr
7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
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8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
9 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.8 L/yr

From

Branch Manager

₹

Lakhs/yr

3 - 10 years exp.

State Head

₹

Lakhs/yr

11 - 20 years exp.

Branch Manager 3 - 10 years exp.

Area Head 6 - 18 years exp.

78% hike

State Head 11 - 20 years exp.

78% hike

From

Branch Manager

3 - 10 years exp.

Area Manager

8 - 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

Relationship Manager Salary

(3 salaries)

₹3 L/yr - ₹4.14 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.

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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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Cholamandalam MS General Insurance Branch Manager Salary FAQs

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

Branch Manager salary at Cholamandalam MS General Insurance in Surat ranges between ₹5.4 Lakhs to ₹8.0 Lakhs for experience between 6 years to 10 years. According to our estimates it is 48% 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 Surat.

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

The average salary of a Branch Manager at Cholamandalam MS General Insurance is 48% less than the average salary of a Branch Manager in Surat. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam MS General Insurance to a Branch Manager in Surat?

Kotak Mahindra Bank Branch Manager Salary - ₹9.0 Lakhs to ₹24.0 Lakhs per year
IndusInd Bank Branch Manager Salary - ₹7.3 Lakhs to ₹19.5 Lakhs per year
Home First Finance Company India Branch Manager Salary - ₹4.6 Lakhs to ₹14.2 Lakhs per year
ICICI Lombard General Insurance Company Branch Manager Salary - ₹8.0 Lakhs to ₹10.0 Lakhs per year

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

Aye Finance Branch Manager Salary - ₹4.4 Lakhs to ₹6.7 Lakhs per year

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

The estimated take-home salary of a Branch Manager at Cholamandalam MS General Insurance ranges between ₹43,781 per month to ₹44,890 per month in Surat. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Branch Manager salary in India which ranges between ₹5.4 Lakhs to ₹8.0 Lakhs per year for employees with experience between 6 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 in Surat?

According to AmbitionBox, 67% of the Cholamandalam MS General Insurance Branch Managers in Surat reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Branch Manager Salaries in Surat

Cholamandalam MS General Insurance Branch Manager salary in Surat ranges between ₹5.4 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

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

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

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

Experience wise Cholamandalam MS General Insurance Branch Manager salaries in Surat

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

Tell us how to improve this page.