Cholamandalam MS General Insurance Deputy Area Manager Salaries by 7 Employees

5 - 16 years exp.

₹5.7 Lakhs - ₹8.5 Lakhs

Low Confidence

Salary of majority employees

14% less than the average Deputy Area Manager Salary in Insurance Companies for 5 - 16 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development Deputy Area Manager Salary 7 - 16 years exp. (3 salaries)	₹5.7 L/yr - ₹7.5 L/yr
Login to view exact salary
BFSI, Investments & Trading Deputy Area Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.1 L/yr

Last Updated: 29 Jun 2023

Companies similar to Cholamandalam MS General Insurance for Deputy Area Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Deputy Area Manager Salary 5 - 13 years exp. (138 salaries)	₹4.5 L/yr - ₹6.5 L/yr 18% less
Axis Max Life Insurance Deputy Area Manager Salary 3 - 11 years exp. (47 salaries)	₹3.4 L/yr - ₹6 L/yr 24% less	1 job opening
Login to view exact salary
Star Union Dai-ichi Life Insurance Deputy Area Manager Salary 7 - 14 years exp. (7 salaries)	₹10 L/yr - ₹15 L/yr 61% more
Aditya Birla Health Insurance Co Deputy Area Manager Salary 10 - 16 years exp. (5 salaries)	₹11.5 L/yr - ₹17 L/yr 116% more
Magma HDI General Insurance Deputy Area Manager Salary 8 - 11 years exp. (3 salaries)	₹8.4 L/yr - ₹8.5 L/yr 23% more

Deputy Area Manager salary at Cholamandalam MS General Insurance ranges between ₹5.7 Lakhs to ₹8.5 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 7 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Deputy Area Manager salaries

Last Updated: 29 Jun 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹6.9 L/yr
6 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹12.2 L/yr
Login to view exact salary
7 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.5 L/yr
8 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
10 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
11 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
12 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
13 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹8.5 L/yr
14 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
15+ years (AmbitionBox Estimate)	₹5.7 L/yr - ₹12.3 L/yr

View all

Similar Designation salaries in Cholamandalam MS General Insurance

Deputy Manager Salary

(66 salaries)

₹4 L/yr - ₹11.25 L/yr

Area Manager Salary

(115 salaries)

₹5.25 L/yr - ₹16.92 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹24.3 L/yr - ₹31.1 L/yr

Senior Sales Manager Salary

(13 salaries)

₹3.5 L/yr - ₹5.6 L/yr

Cluster Manager Salary

(17 salaries)

₹6.5 L/yr - ₹10 L/yr

Territory Manager Salary

(48 salaries)

₹4.6 L/yr - ₹11 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Area Sales Manager Salary

(39 salaries)

₹5.11 L/yr - ₹13.6 L/yr

Relationship Manager Salary

(141 salaries)

₹2.1 L/yr - ₹6 L/yr

Sales Manager Salary

(198 salaries)

₹1.7 L/yr - ₹6 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

Area Head in Pune

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 17 Jan 2023

5.0

for Salary and Benefits

Likes

...nts like tata, icici, Hdfc far better. No stress and dirty internal politics. Variables pay also high as compare to mention company.

Salary - Excellent

+6 more

Dislikes

weekly 1 off, need to change in 5 day working week.

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

Area Head in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 15 Apr 2022

3.0

for Salary and Benefits

Likes

Overall company is good. Working culture is satisfactory. Salary compensation is also as per industry norms .

Dislikes

I can't say much because I am not dissatisfied with company,I am dissatisfied with my channel. But still I can say company should change their approach according to the market competition. Orthodox and old system should change time to time.

Skill development - Poor

+1 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Cholamandalam MS General Insurance?

Ask anonymously on communities.

Cholamandalam MS General Insurance Deputy Area Manager Salary FAQs

What is the salary of Deputy Area Manager at Cholamandalam MS General Insurance ?

The average salary of a Deputy Area Manager at Cholamandalam MS General Insurance in India typically ranges from ₹5.7 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 5 years to 16 years).

The top 10% of Deputy Area Manager at Cholamandalam MS General Insurance earn more than ₹8.3 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Deputy Area 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 7 Cholamandalam MS General Insurance employees in India.

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

The estimated take-home salary of a Deputy Area Manager at Cholamandalam MS General Insurance in India typically ranges from ₹52,037 to ₹53,264 per month. This is based on the average salary range of ₹5.7 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 5 years to 16 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 7 salaries received from various employees of Cholamandalam MS General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Cholamandalam MS General Insurance for Deputy Area Manager in India?

Aditya Birla Health Insurance Co	₹11.5 Lakhs to ₹17.0 Lakhs per year
Star Union Dai-ichi Life Insurance	₹10.0 Lakhs to ₹15.0 Lakhs per year
Magma HDI General Insurance	₹8.4 Lakhs to ₹8.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Cholamandalam MS General Insurance, depending on the role and experience level.

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

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

Bajaj Allianz Life Insurance	₹4.5 Lakhs to ₹6.5 Lakhs per year
Axis Max Life Insurance	₹3.4 Lakhs to ₹6.0 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 Deputy Area Manager at Cholamandalam MS General Insurance in India?

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

Experience	Average Salary Range
5 years	₹6.5 Lakhs to ₹6.9 Lakhs per year
6 years	₹6.5 Lakhs to ₹12.2 Lakhs per year
7 years	₹6.0 Lakhs to ₹7.5 Lakhs per year
8 years	₹6.1 Lakhs to ₹7.8 Lakhs per year

and so on.

Tell us how to improve this page.

Cholamandalam MS General Insurance Deputy Area Manager Salaries by Location

Home >
Salaries >
Cholamandalam MS General Insurance Salaries >
Cholamandalam MS General Insurance Deputy Area Manager Salaries

Cholamandalam MS General Insurance Deputy Area Manager salary in India ranges between ₹5.7 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.