Cholamandalam MS General Insurance Channel Development Manager Salaries by 4 Employees (Updated 2025)

1 - 11 years exp.

₹3.5 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

60% less than the average Channel Development Manager Salary in Insurance Companies for 1 - 11 years of experience

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Salaries in different departments

Sales & Business Development Channel Development Manager Salary 1 - 2 years exp. (3 salaries)	₹3.5 L/yr - ₹5 L/yr
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BFSI, Investments & Trading Channel Development Manager Salary 11 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 17 Mar 2023

Companies similar to Cholamandalam MS General Insurance for Channel Development Manager

Company name	Avg Annual Salary	Open Jobs
Reliance General Insurance Channel Development Manager Salary 12 - 19 years exp. (7 salaries)	₹7.3 L/yr - ₹9 L/yr 77% more
Tata AIG Channel Development Manager Salary 1 - 6 years exp. (14 salaries)	₹4 L/yr - ₹7.6 L/yr 22% more
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Future Generali India Life Insurance Channel Development Manager Salary 4 - 18 years exp. (41 salaries)	₹5.5 L/yr - ₹9 L/yr 59% more
Manipal Business Solutions Channel Development Manager Salary 5 - 12 years exp. (32 salaries)	₹3.3 L/yr - ₹6 L/yr 2% more
HDFC Life Channel Development Manager Salary 3 - 10 years exp. (21 salaries)	₹4 L/yr - ₹7 L/yr 1% less

Channel Development Manager salary at Cholamandalam MS General Insurance ranges between ₹3.5 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Channel Development Manager salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.5 L/yr - ₹5 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr
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3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
11 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.2 L/yr

View all

Similar Designation salaries in Cholamandalam MS General Insurance

Business Development Manager Salary

(63 salaries)

₹2.83 L/yr - ₹13.5 L/yr

Senior Business Development Manager Salary

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₹7.5 L/yr - ₹12.4 L/yr

Business Development Associate Salary

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Senior Sales Manager Salary

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Area Sales Manager Salary

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₹5.11 L/yr - ₹13.6 L/yr

Business Development Executive Salary

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₹2 L/yr - ₹3.5 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Relationship Manager Salary

(142 salaries)

₹2.1 L/yr - ₹6 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹11.4 L/yr - ₹14.6 L/yr

Deputy Manager Salary

(46 salaries)

₹4 L/yr - ₹11.2 L/yr

Salary related reviews for Cholamandalam MS General Insurance

3.0

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

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

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an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Cholamandalam MS General Insurance Channel Development Manager Salary FAQs

What is the salary of Channel Development Manager at Cholamandalam MS General Insurance?

Channel Development Manager salary at Cholamandalam MS General Insurance in India ranges between ₹3.5 Lakhs to ₹5.0 Lakhs for experience between 1 years to 11 years. According to our estimates it is 60% less than the average Channel Development Manager 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 Channel Development Manager at Cholamandalam MS General Insurance India compare with the average salary range for this job?

The average salary of a Channel Development Manager at Cholamandalam MS General Insurance is 60% less than the average salary of a Channel 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 Channel Development Manager in India?

Reliance General Insurance Channel Development Manager Salary - ₹7.3 Lakhs to ₹9.0 Lakhs per year
Future Generali India Life Insurance Channel Development Manager Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year
Tata AIG Channel Development Manager Salary - ₹4.0 Lakhs to ₹7.6 Lakhs per year
Manipal Business Solutions Channel Development Manager Salary - ₹3.3 Lakhs to ₹6.0 Lakhs per year

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

HDFC Life Channel Development Manager Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Channel Development Manager at Cholamandalam MS General Insurance ranges between ₹33,646 per month to ₹34,906 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Channel Development Manager salary in India which ranges between ₹3.5 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Channel Development Manager at Cholamandalam MS General Insurance?

According to AmbitionBox, 100% of the Cholamandalam MS General Insurance Channel Development Managers 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 Channel Development Manager Salaries by Location

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Cholamandalam MS General Insurance Channel Development Manager Salaries

Cholamandalam MS General Insurance Channel Development Manager salary in India ranges between ₹3.5 Lakhs to ₹5 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 Channel Development Manager salaries in India

Companies similar to Cholamandalam MS General Insurance for Channel Development Manager

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

Experience wise Cholamandalam MS General Insurance Channel Development Manager 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

Territory Manager in Khammam

Agency Manager in Ahmednagar

Cholamandalam MS General Insurance Channel Development Manager Salary FAQs

Tell us how to improve this page.

Cholamandalam MS General Insurance Channel Development Manager Salaries by Location