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Annual salary range
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₹1.7
Lakh - ₹4
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary11% 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 |
Login to view exact salary
| |
Finance & Accounting
Business Development Officer Salary
1
year
exp.
(AmbitionBox Estimate)
| ₹2.7 L/yr - ₹3.3 L/yr |
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 | |
Login to view exact salary
| ||
 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 | |
 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 ₹1.7
Lakh
to ₹4
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.
Latest annual salaries shared by Cholamandalam MS General Insurance Business Development Officer
1y ago
1
year
exp.
1y ago
1
year
exp.
1y ago
1
year
exp.
1y ago
1
year
exp.
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
|
Login to view exact salary
| |
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2w
a technical project manager
Deadend
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 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 ₹1.7 Lakhs to ₹4.0 Lakhs for 1 year of experience. According to our estimates it is 11% 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 11% 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 ₹1.7 Lakhs to ₹4.0 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 salary
in
India
ranges between ₹1.7
Lakh to ₹4
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.