Cholamandalam MS General Insurance Business Development Officer Salaries by 4 Employees (Updated 2025)

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₹3.6 Lakhs - ₹4.6 Lakhs

Low Confidence

Salary of majority employees

9% more than the average Business Development Officer Salary in Insurance Companies for 1 year of experience

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Salaries in different departments

Sales & Business Development Business Development Officer Salary 1 year exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹4 L/yr
Engineering - Software & QA Business Development Officer Salary 1 year exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
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Finance & Accounting Business Development Officer Salary 1 year exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 1 Nov 2023

Companies similar to Cholamandalam MS General Insurance for Business Development Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Business Development Officer Salary 3 - 5 years exp. (3 salaries)	₹2.1 L/yr - ₹4 L/yr 26% less
Tata AIG Business Development Officer Salary 5 - 8 years exp. (5 salaries)	₹2 L/yr - ₹6 L/yr 17% less
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SBI General Insurance Business Development Officer Salary 0 - 8 years exp. (3 salaries)	₹2.8 L/yr - ₹8 L/yr 21% more
Life Insurance Corporation of India Business Development Officer Salary 1 - 9 years exp. (15 salaries)	₹2.3 L/yr - ₹10 L/yr 56% more
Star Union Dai-ichi Life Insurance Business Development Officer Salary 0 - 5 years exp. (6 salaries)	₹1.6 L/yr - ₹6.8 L/yr 30% less
IndiaFirst Life Insurance Business Development Officer Salary 4 - 7 years exp. (5 salaries)	₹3 L/yr - ₹4 L/yr 11% less
Bajaj Allianz Life Insurance Business Development Officer Salary 0 - 6 years exp. (5 salaries)	₹1.4 L/yr - ₹3 L/yr 39% less
Max Life Insurance Business Development Officer Salary 0 - 4 years exp. (4 salaries)	₹1.2 L/yr - ₹3.5 L/yr 37% less
Bharti AXA Life Insurance Business Development Officer Salary 0 - 13 years exp. (4 salaries)	₹3 L/yr - ₹6.2 L/yr 2% less

Business Development Officer salary at Cholamandalam MS General Insurance ranges between ₹3.6 Lakhs to ₹4.6 Lakhs per year for employees with 1 year of experience. 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 Officer salaries

Last Updated: 1 Nov 2023

Experience	Avg Annual Salary
1 year (4 salaries)	₹1.7 L/yr - ₹4 L/yr
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Similar Designation salaries in Cholamandalam MS General Insurance

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Salary related reviews for Cholamandalam MS General Insurance

5.0

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

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

Business Development Associate in Mumbai Suburban

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.

Promotions - Poor

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

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Cholamandalam MS General Insurance Business Development Officer Salary FAQs

What is the salary of Business Development Officer at Cholamandalam MS General Insurance?

Business Development Officer salary at Cholamandalam MS General Insurance in India ranges between ₹3.6 Lakhs to ₹4.6 Lakhs for 1 year of experience. According to our estimates it is 9% more than the average Business Development Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance India.

How does the salary of a Business Development Officer at Cholamandalam MS General Insurance India compare with the average salary range for this job?

The average salary of a Business Development Officer at Cholamandalam MS General Insurance is 9% more than the average salary of a Business Development Officer 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 Officer in India?

Life Insurance Corporation of India Business Development Officer Salary - ₹2.3 Lakhs to ₹10.0 Lakhs per year
SBI General Insurance Business Development Officer Salary - ₹2.8 Lakhs to ₹8.0 Lakhs per year

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

Bharti AXA Life Insurance Business Development Officer Salary - ₹3.0 Lakhs to ₹6.2 Lakhs per year
IndiaFirst Life Insurance Business Development Officer Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
Tata AIG Business Development Officer Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz General Insurance Business Development Officer Salary - ₹2.1 Lakhs to ₹4.0 Lakhs per year
Star Union Dai-ichi Life Insurance Business Development Officer Salary - ₹1.6 Lakhs to ₹6.8 Lakhs per year

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

The estimated take-home salary of a Business Development Officer at Cholamandalam MS General Insurance ranges between ₹29,531 per month to ₹30,852 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Business Development Officer salary in India which ranges between ₹3.6 Lakhs to ₹4.6 Lakhs per year for employees with 1 year of experience. Check how did we calculate take home salary?

What is the notice period for Business Development Officer at Cholamandalam MS General Insurance?

According to AmbitionBox, 100% of the Cholamandalam MS General Insurance Business Development Officers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Business Development Officer Salaries

Cholamandalam MS General Insurance Business Development Officer salary in India ranges between ₹3.6 Lakhs to ₹4.6 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 Officer salaries in India

Companies similar to Cholamandalam MS General Insurance for Business Development Officer

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

Experience wise Cholamandalam MS General Insurance Business Development Officer salaries

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

Business Development Associate in Mumbai Suburban

Territory Manager in Khammam

Cholamandalam MS General Insurance Business Development Officer Salary FAQs

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