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

Interested in this particular role?

Salaries in different departments

Sales & Business Development Channel Development Manager Salary 1 - 2 years exp. (3 salaries)	₹3.5 L/yr - ₹5 L/yr
Login to view exact salary
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
Login to view exact salary
Future Generali India Life Insurance Channel Development Manager Salary 4 - 18 years exp. (40 salaries)	₹5.5 L/yr - ₹9 L/yr 60% 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 3% more

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
Login to view exact salary
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

(55 salaries)

₹3.15 L/yr - ₹13 L/yr

Senior Business Development Manager Salary

(5 salaries)

₹5.35 L/yr - ₹12.4 L/yr

Business Development Associate Salary

(3 salaries)

₹4 L/yr - ₹7.2 L/yr

Senior Sales Manager Salary

(13 salaries)

₹3.5 L/yr - ₹5.6 L/yr

Area Sales Manager Salary

(38 salaries)

₹2.67 L/yr - ₹13.6 L/yr

Business Development Executive Salary

(3 salaries)

₹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

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

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!

Got a question about Cholamandalam MS General Insurance?

Ask anonymously on communities.

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
HDFC Life Channel Development Manager Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
Manipal Business Solutions Channel Development Manager Salary - ₹3.3 Lakhs to ₹6.0 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.

Tell us how to improve this page.

Cholamandalam MS General Insurance Channel Development Manager Salaries by Location

Home >
Salaries >
Cholamandalam MS General Insurance Salaries >
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

Business Development Associate in Mumbai Suburban

Territory Manager in Khammam

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