Cholamandalam MS General Insurance Business Development Executive Salaries by 3 Employees (Updated 2025)

0 - 3 years exp.

₹2 Lakhs - ₹3.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

16% less than the average Business Development Executive Salary in Insurance Companies for 0 - 3 years of experience

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Last Updated: 16 Jan 2025

Companies similar to Cholamandalam MS General Insurance for Business Development Executive

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Bajaj Allianz Life Insurance Business Development Executive Salary 1 - 8 years exp. (13 salaries)	₹2.4 L/yr - ₹4.1 L/yr 9% more
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Edelweiss Life Insurance Business Development Executive Salary 0 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹3.3 L/yr 20% less
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Shriram General Insurance Business Development Executive Salary 1 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹4 L/yr 6% more

Business Development Executive salary at Cholamandalam MS General Insurance ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Business Development Executive salaries

Last Updated: 16 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
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2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

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Inside Sales Executive Salary

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Salary related reviews for Cholamandalam MS General Insurance

5.0

Rated by 1 employees for salary & benefits

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 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.

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.

Salary - Poor

+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.

General Insurance in Cuttack

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 Jan 2025

1.0

for Salary and Benefits

Likes

Zero like ...

Dislikes

Chola is fraud company. Senior behaviour is like shit. Industry low salary package. Salary not delivered in right time. Company fraud with both customer and employees.. Manager and TL both are drink beer in office. Manager steal petty cash and deposit many fake bills...

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Cholamandalam MS General Insurance Business Development Executive Salary FAQs

How the salary growth look like for a Business Development Executive at Cholamandalam MS General Insurance in India?

The salary growth for a Business Development Executive at Cholamandalam MS General Insurance depends on factors such as experience, performance, and promotions. On average, a Business Development Executive can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience	Average Salary Range
Fresher	₹2.9 Lakhs to ₹3.8 Lakhs per year
1 year	₹2.9 Lakhs to ₹3.8 Lakhs per year
2 years	₹2.9 Lakhs to ₹3.8 Lakhs per year
3 years	₹2.9 Lakhs to ₹3.8 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Business Development Executive Salaries

Cholamandalam MS General Insurance Business Development Executive salary in India ranges between ₹2 Lakhs to ₹3.5 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 Business Development Executive salaries in India (Updated 2025)

Companies similar to Cholamandalam MS General Insurance for Business Development Executive

Latest annual salaries shared by Cholamandalam MS General Insurance Business Development Executive

Experience wise Cholamandalam MS General Insurance Business Development Executive salaries

Similar Designation salaries in Cholamandalam MS General Insurance

Salary related reviews for Cholamandalam MS General Insurance

Sales Manager in New Delhi

Area Manager in Bikaner

Agency Manager in Ahmednagar

Area Head in Pune

General Insurance in Cuttack

Cholamandalam MS General Insurance Business Development Executive Salary FAQs

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