Cholamandalam MS General Insurance Kolkata Business Development Manager Salaries by 4 Employees

9 - 12 years exp.

₹6.4 Lakhs - ₹12.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

11% more than the average Business Development Manager Salary in Insurance Companies for 9 - 12 years of experience

Interested in this particular role?

Last Updated: 13 Jul 2023

Companies similar to Cholamandalam MS General Insurance for Business Development Manager in Kolkata

Cholamandalam MS General Insurance Business Development Manager Salary

9 - 12 years exp. (4 salaries)

₹6.4 L/yr - ₹12.8 L/yr

Company name	Avg Annual Salary	Open Jobs
SBI General Insurance Business Development Manager Salary 0 - 9 years exp. (44 salaries)	₹1.6 L/yr - ₹4.9 L/yr 49% less	13 job openings
IndiaFirst Life Insurance Business Development Manager Salary 1 - 10 years exp. (34 salaries)	₹2.2 L/yr - ₹5.2 L/yr 48% less	7 job openings
Login to view exact salary
Bajaj Allianz Life Insurance Business Development Manager Salary 2 - 10 years exp. (16 salaries)	₹3.2 L/yr - ₹5.5 L/yr 42% less	1 job opening
Axis Max Life Insurance Business Development Manager Salary 5 - 8 years exp. (6 salaries)	₹3.5 L/yr - ₹6.7 L/yr 30% less	2 job openings
Bharti AXA Life Insurance Business Development Manager Salary 3 - 7 years exp. (3 salaries)	₹3.3 L/yr - ₹6.7 L/yr 46% less
Aditya Birla Health Insurance Co Business Development Manager Salary 5 - 8 years exp. (3 salaries)	₹4.5 L/yr - ₹5.5 L/yr 36% less

Business Development Manager salary at Cholamandalam MS General Insurance ranges between ₹6.4 Lakhs to ₹12.8 Lakhs per year for employees with experience between 9 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Business Development Manager salaries in Kolkata

Last Updated: 13 Jul 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
10 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
Login to view exact salary
11 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.4 L/yr
12 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Area Sales Manager Salary

(6 salaries)

₹6 L/yr - ₹8.65 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

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

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.

Salary - Excellent

+6 more

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

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?

Got a question about Cholamandalam MS General Insurance?

Ask anonymously on communities.

Cholamandalam MS General Insurance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Cholamandalam MS General Insurance in Kolkata?

The average salary of a Business Development Manager at Cholamandalam MS General Insurance in Kolkata typically ranges from ₹6.4 Lakhs to ₹12.8 Lakhs per year, depending on experience (from 9 years to 12 years).

The top 10% of Business Development Manager in Kolkata at Cholamandalam MS General Insurance earn more than ₹12.8 Lakhs per year, and the top 1% earn over ₹12.8 Lakhs per year. Business Development Manager Salaries at Cholamandalam MS General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Cholamandalam MS General Insurance employees in India.

What is the estimated take home salary of a Business Development Manager at Cholamandalam MS General Insurance in Kolkata?

The estimated take-home salary of a Business Development Manager at Cholamandalam MS General Insurance in Kolkata typically ranges from ₹56,810 to ₹58,237 per month. This is based on the average salary range of ₹6.4 Lakhs to ₹12.8 Lakhs per year for employees with experience ranging from 9 years to 12 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Cholamandalam MS General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Business Development Manager in companies similar to Cholamandalam MS General Insurance in Kolkata?

The salary of a Business Development Manager at companies similar to Cholamandalam MS General Insurance in Kolkata varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Max Life Insurance	₹3.5 Lakhs to ₹6.7 Lakhs per year
Aditya Birla Health Insurance Co	₹4.5 Lakhs to ₹5.5 Lakhs per year
Bajaj Allianz Life Insurance	₹3.2 Lakhs to ₹5.5 Lakhs per year
Bharti AXA Life Insurance	₹3.3 Lakhs to ₹6.7 Lakhs per year
IndiaFirst Life Insurance	₹2.2 Lakhs to ₹5.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
9 years	₹7.1 Lakhs to ₹9.0 Lakhs per year
10 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
11 years	₹7.4 Lakhs to ₹9.4 Lakhs per year
12 years	₹7.5 Lakhs to ₹9.6 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Cholamandalam MS General Insurance Salaries >
Cholamandalam MS General Insurance Business Development Manager Salaries >
Cholamandalam MS General Insurance Business Development Manager Salaries in Kolkata

Cholamandalam MS General Insurance Business Development Manager salary in Kolkata ranges between ₹6.4 Lakhs to ₹12.8 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 Business Development Manager salaries in Kolkata

Companies similar to Cholamandalam MS General Insurance for Business Development Manager in Kolkata

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

Experience wise Cholamandalam MS General Insurance Business Development Manager salaries in Kolkata

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

Deputy Manager in Chennai

Territory Manager in Khammam

Agency Manager in Ahmednagar

Cholamandalam MS General Insurance Business Development Manager Salary FAQs

Tell us how to improve this page.