Cholamandalam MS General Insurance Branch Sales Manager Salaries by 6 Employees (Updated 2024)

4 - 8 years exp.

₹4.5 Lakhs - ₹8.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Branch Sales Manager Salary in Insurance Companies for 4 - 8 years of experience

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Salaries in different departments

Sales & Business Development Branch Sales Manager Salary 4 - 8 years exp. (4 salaries)	₹4.5 L/yr - ₹8 L/yr
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BFSI, Investments & Trading Branch Sales Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹8.5 L/yr

Last Updated: 7 Nov 2024

Companies similar to Cholamandalam MS General Insurance for Branch Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Branch Sales Manager Salary 12 - 16 years exp. (4 salaries)	₹5.6 L/yr - ₹8 L/yr 19% more
HDFC Ergo General Insurance Branch Sales Manager Salary 4 - 18 years exp. (5 salaries)	₹3.7 L/yr - ₹11 L/yr 6% more
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Bajaj Allianz General Insurance Branch Sales Manager Salary 5 - 7 years exp. (3 salaries)	₹4 L/yr - ₹6 L/yr 26% less
Reliance General Insurance Branch Sales Manager Salary 5 - 15 years exp. (6 salaries)	₹2.2 L/yr - ₹5.2 L/yr 37% less
Tata AIG Branch Sales Manager Salary 6 - 16 years exp. (4 salaries)	₹7.8 L/yr - ₹9.5 L/yr 26% more
Future Generali India Life Insurance Branch Sales Manager Salary 2 - 15 years exp. (4 salaries)	₹2.5 L/yr - ₹13 L/yr 22% more
Bharti AXA Life Insurance Branch Sales Manager Salary 6 - 16 years exp. (18 salaries)	₹5 L/yr - ₹10.2 L/yr 41% more	1 job opening
Max Life Insurance Branch Sales Manager Salary 0 - 15 years exp. (5 salaries)	₹2 L/yr - ₹10.5 L/yr 14% less
Life Insurance Corporation of India Branch Sales Manager Salary 3 - 13 years exp. (5 salaries)	₹3 L/yr - ₹6 L/yr 31% less
Edelweiss Tokio Life Insurance Branch Sales Manager Salary 7 - 14 years exp. (4 salaries)	₹3 L/yr - ₹9.5 L/yr 9% more
IndiaFirst Life Insurance Branch Sales Manager Salary 6 - 8 years exp. (3 salaries)	₹4.3 L/yr - ₹5 L/yr 30% less
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Royal Sundaram General Insurance Branch Sales Manager Salary 16 - 19 years exp. (3 salaries)	₹8.3 L/yr - ₹12.2 L/yr 51% more

Branch Sales Manager salary at Cholamandalam MS General Insurance ranges between ₹4.5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Branch Sales Manager salaries

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.9 L/yr
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6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8.5 L/yr
8 years (AmbitionBox Estimate)	₹8 L/yr - ₹15.3 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Area Sales Manager Salary

(41 salaries)

₹2.86 L/yr - ₹13.09 L/yr

Senior Sales Manager Salary

(13 salaries)

₹3.5 L/yr - ₹5.6 L/yr

Branch Manager Salary

(242 salaries)

₹2.92 L/yr - ₹8 L/yr

Sales Manager Salary

(192 salaries)

₹2 L/yr - ₹6 L/yr

Assistant Sales Manager Salary

(7 salaries)

₹3 L/yr - ₹4.35 L/yr

Area Manager Salary

(116 salaries)

₹4.5 L/yr - ₹13.5 L/yr

Business Manager Salary

(13 salaries)

₹4 L/yr - ₹6.5 L/yr

Senior Branch Manager Salary

(17 salaries)

₹5.55 L/yr - ₹8.5 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹24.3 L/yr - ₹31.1 L/yr

Branch Head Salary

(AmbitionBox Estimate)

₹5.1 L/yr - ₹6.6 L/yr

Top skills at Cholamandalam MS General Insurance for Branch Sales Manager

Sales Planning Relationship Management Loans Standards Selling Skills Operations Market Penetration Maintenance Branch Sales

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...

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

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.

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.

Territory Manager in Khammam

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.

Agency Manager in Ahmednagar

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 06 Jan 2023

2.0

for Salary and Benefits

Likes

Murugappa group is a very big group, One of them is Chola General Insurance. Salary is good in the company.

Dislikes

The company has a great name, but the company's senior front-line executives are not doing well in support.. The company does not use today's technology in the work.

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Cholamandalam MS General Insurance Branch Sales Manager Salary FAQs

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

Branch Sales Manager salary at Cholamandalam MS General Insurance in India ranges between ₹4.5 Lakhs to ₹8.5 Lakhs for experience between 4 years to 8 years. According to our estimates it is 4% less than the average Branch Sales Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Cholamandalam MS General Insurance India.

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

The average salary of a Branch Sales Manager at Cholamandalam MS General Insurance is 4% less than the average salary of a Branch Sales Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Sales Manager at Cholamandalam MS General Insurance?

Sales Planning, Relationship Management, Loans, Standards and Selling Skills are some of the popular skills required to work as a Branch Sales Manager at Cholamandalam MS General Insurance India.

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

Royal Sundaram General Insurance Branch Sales Manager Salary - ₹8.3 Lakhs to ₹12.2 Lakhs per year
Bharti AXA Life Insurance Branch Sales Manager Salary - ₹5.0 Lakhs to ₹10.2 Lakhs per year
Tata AIG Branch Sales Manager Salary - ₹7.8 Lakhs to ₹9.5 Lakhs per year
Future Generali India Life Insurance Branch Sales Manager Salary - ₹2.5 Lakhs to ₹13.0 Lakhs per year
ICICI Lombard General Insurance Company Branch Sales Manager Salary - ₹5.6 Lakhs to ₹8.0 Lakhs per year

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

Edelweiss Tokio Life Insurance Branch Sales Manager Salary - ₹3.0 Lakhs to ₹9.5 Lakhs per year
HDFC Ergo General Insurance Branch Sales Manager Salary - ₹3.7 Lakhs to ₹11.0 Lakhs per year
Max Life Insurance Branch Sales Manager Salary - ₹2.0 Lakhs to ₹10.5 Lakhs per year
Bajaj Allianz General Insurance Branch Sales Manager Salary - ₹4.0 Lakhs to ₹6.0 Lakhs per year
IndiaFirst Life Insurance Branch Sales Manager Salary - ₹4.3 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Branch Sales Manager at Cholamandalam MS General Insurance ranges between ₹50,127 per month to ₹51,311 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Branch Sales Manager salary in India which ranges between ₹4.5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 86% of the Cholamandalam MS General Insurance Branch Sales Managers reported a notice period of 3 Months, 14% reported a notice period of 2 Months.This is based on 7 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Branch Sales Manager Salaries

Cholamandalam MS General Insurance Branch Sales Manager salary in India ranges between ₹4.5 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Branch Sales Manager salaries in India

Companies similar to Cholamandalam MS General Insurance for Branch Sales Manager

Latest annual salaries shared by Cholamandalam MS General Insurance Branch Sales Manager

Experience wise Cholamandalam MS General Insurance Branch Sales Manager salaries

Similar Designation salaries in Cholamandalam MS General Insurance

Top skills at Cholamandalam MS General Insurance for Branch Sales Manager

Salary related reviews for Cholamandalam MS General Insurance

Area Manager in Bikaner

Sales Manager in New Delhi

Deputy Manager in Chennai

Territory Manager in Khammam

Agency Manager in Ahmednagar

Cholamandalam MS General Insurance Branch Sales Manager Salary FAQs

Tell us how to improve this page.

Cholamandalam MS General Insurance Branch Sales Manager Salaries by Location