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Cholamandalam MS General Insurance Business Development Manager salaries in India

Annual salary range
1 - 15 years exp.
₹2.8 Lakhs - ₹13 Lakhs
Salary of majority employees
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At par with the average Business Development Manager Salary in Insurance Companies for 1 - 15 years of experience

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Salaries in different departments

Sales & Business Development
Business Development Manager Salary
2 - 15 years exp. (32 salaries)
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₹3.1 L/yr - ₹13 L/yr

BFSI, Investments & Trading
Business Development Manager Salary
3 - 14 years exp. (15 salaries)
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₹3.2 L/yr - ₹12 L/yr

Marketing & Communication
Business Development Manager Salary
1 - 13 years exp. (3 salaries)
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₹4 L/yr - ₹12 L/yr

Last Updated: 4 Feb 2025

Companies similar to Cholamandalam MS General Insurance for Business Development Manager

Company name Avg Annual Salary Open Jobs
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₹1.1 L/yr - ₹9.1 L/yr

arrow icon 47% less
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₹2.7 L/yr - ₹5.4 L/yr

arrow icon 44% less
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₹3.5 L/yr - ₹7 L/yr

arrow icon 35% less
18 job openings
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₹4.4 L/yr - ₹7.8 L/yr

arrow icon 1% less
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Tata AIG Business Development Manager Salary

2 - 10 years exp. (18 salaries)

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₹3.1 L/yr - ₹6 L/yr

arrow icon 46% less
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₹1.5 L/yr - ₹6 L/yr

arrow icon 48% less
13 job openings
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₹1.6 L/yr - ₹5.1 L/yr

arrow icon 52% less
10 job openings
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₹3 L/yr - ₹6 L/yr

arrow icon 45% less
2 job openings
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₹2.2 L/yr - ₹7.5 L/yr

arrow icon 32% less
5 job openings
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₹1.5 L/yr - ₹5.5 L/yr

arrow icon 54% less
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₹3.4 L/yr - ₹6 L/yr

arrow icon 40% less
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₹2.8 L/yr - ₹9 L/yr

arrow icon 35% less
9 job openings
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₹2.4 L/yr - ₹8.8 L/yr

arrow icon 45% less
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₹3.5 L/yr - ₹7 L/yr

arrow icon 34% less
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₹1.8 L/yr - ₹7 L/yr

arrow icon 49% less
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₹3.6 L/yr - ₹4.8 L/yr

arrow icon 49% less
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₹3 L/yr - ₹4.5 L/yr

arrow icon 49% less
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₹4.5 L/yr - ₹11.2 L/yr

arrow icon 2% less
3 job openings
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₹2.9 L/yr - ₹4 L/yr

arrow icon 55% less
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₹2.4 L/yr - ₹5.5 L/yr

arrow icon 53% less
View all
Business Development Manager salary at Cholamandalam MS General Insurance ranges between ₹2.8 Lakhs to ₹13 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 59 latest salaries received from various employees of Cholamandalam MS General Insurance.

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

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Experience wise Cholamandalam MS General Insurance Business Development Manager salaries

Last Updated: 4 Feb 2025

Experience Avg Annual Salary
1 year  (5 salaries)

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₹4 L/yr - ₹8 L/yr
2 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹8 L/yr
3 years  (3 salaries)

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₹2.6 L/yr - ₹10 L/yr
4 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹12.7 L/yr
5 years  (7 salaries)

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₹2.9 L/yr - ₹9.4 L/yr
View all

Similar Designation salaries in Cholamandalam MS General Insurance

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₹5.35 L/yr - ₹12.4 L/yr
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₹4 L/yr - ₹7.2 L/yr
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₹2 L/yr - ₹3.5 L/yr
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₹4 L/yr - ₹6.5 L/yr
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₹3 L/yr - ₹4.35 L/yr
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₹3 L/yr - ₹3.5 L/yr
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₹3.5 L/yr - ₹5.6 L/yr
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₹2.73 L/yr - ₹13.6 L/yr
Territory Sales Manager Salary
(AmbitionBox Estimate)
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₹4.4 L/yr - ₹5.6 L/yr
Area Business Manager Salary
(AmbitionBox Estimate)
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₹11.4 L/yr - ₹14.6 L/yr

Salary related reviews for Cholamandalam MS General Insurance

2.5

Rated by 9 employees for salary & benefits

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.

read more

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

read more
  • Promotions - Bad
  • +3 more

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.

read more
  • 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.

read more
  • Skill development - Bad
  • +4 more

BFSI, Investments & Trading Department

3.0
  •  posted on 03 May 2021

3.0
 for  Salary and Benefits

Likes

Working environment is okay. Company policies are good, salaries are always paid on time. HR is supportive.

  • Skill development - Good
  • +1 more

Dislikes

...ised for simple approval it takes whole day so chances of delay in work is high. IT people are just working for their salary issues are not resolved on time.

read more
  • Promotions - Poor

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.

read more
  • Salary - Excellent
  • +6 more
see more salary related reviews

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Cholamandalam MS General Insurance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Cholamandalam MS General Insurance?
Business Development Manager salary at Cholamandalam MS General Insurance in India ranges between ₹2.8 Lakhs to ₹13.0 Lakhs for experience between 1 years to 15 years. According to our estimates it is 4% more than the average Business Development Manager Salary in India. Salary estimates are based on 59 latest salaries received from various employees of Cholamandalam MS General Insurance India.
How does the salary of a Business Development Manager at Cholamandalam MS General Insurance India compare with the average salary range for this job?
The average salary of a Business Development Manager at Cholamandalam MS General Insurance is 4% more than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Cholamandalam MS General Insurance to a Business Development Manager in India?
  • Gallagher Business Development Manager Salary - ₹10.0 Lakhs to ₹10.8 Lakhs per year
  • Allianz Partners Business Development Manager Salary - ₹7.8 Lakhs to ₹10.0 Lakhs per year
  • Digit Insurance Business Development Manager Salary - ₹6.7 Lakhs to ₹12.5 Lakhs per year
What is the salary of a Business Development Manager in companies similar to Cholamandalam MS General Insurance in India?
  • Reliance General Insurance Business Development Manager Salary - ₹4.4 Lakhs to ₹7.8 Lakhs per year
  • Medi Assist India Business Development Manager Salary - ₹4.5 Lakhs to ₹11.2 Lakhs per year
  • Max Life Insurance Business Development Manager Salary - ₹2.2 Lakhs to ₹7.5 Lakhs per year
  • Future Generali India Life Insurance Business Development Manager Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
  • Star Union Dai-ichi Life Insurance Business Development Manager Salary - ₹2.8 Lakhs to ₹9.0 Lakhs per year
What is the estimated take home salary of a Business Development Manager at Cholamandalam MS General Insurance in India?
The estimated take-home salary of a Business Development Manager at Cholamandalam MS General Insurance ranges between ₹57,451 per month to ₹58,896 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Business Development Manager salary in India which ranges between ₹2.8 Lakhs to ₹13.0 Lakhs per year for employees with experience between 1 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Business Development Manager at Cholamandalam MS General Insurance?
According to AmbitionBox, 53% of the Cholamandalam MS General Insurance Business Development Managers reported a notice period of 3 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 51 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Cholamandalam MS General Insurance Business Development Manager salary in India ranges between ₹2.8 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 59 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.