Cholamandalam MS General Insurance Deputy Area Manager Salaries by 7 Employees (Updated 2025)

5 - 16 years exp.

₹5.7 Lakhs - ₹8.5 Lakhs

Low Confidence

Salary of majority employees

15% less than the average Deputy Area Manager Salary in Insurance Companies for 5 - 16 years of experience

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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
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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. (141 salaries)	₹4.8 L/yr - ₹6.5 L/yr 18% less
Axis Max Life Insurance Deputy Area Manager Salary 3 - 11 years exp. (49 salaries)	₹3.4 L/yr - ₹6 L/yr 24% less	1 job opening
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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
Bajaj Finance Deputy Area Manager Salary 3 - 10 years exp. (131 salaries)	₹5.4 L/yr - ₹11.3 L/yr 20% more	340 job openings

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
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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

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Similar Designation salaries in Cholamandalam MS General Insurance

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₹6.5 L/yr - ₹10 L/yr

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₹5 L/yr - ₹11 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Area Sales Manager Salary

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₹5.11 L/yr - ₹13.6 L/yr

Relationship Manager Salary

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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

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Salary Discussions, Hike & Promotions

2w (edited)

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 Deputy Area Manager Salary FAQs

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

Deputy Area Manager salary at Cholamandalam MS General Insurance in India ranges between ₹5.7 Lakhs to ₹8.5 Lakhs for experience between 5 years to 16 years. According to our estimates it is 15% less than the average Deputy Area Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Cholamandalam MS General Insurance India.

How does the salary of a Deputy Area Manager at Cholamandalam MS General Insurance India compare with the average salary range for this job?

The average salary of a Deputy Area Manager at Cholamandalam MS General Insurance is 15% less than the average salary of a Deputy Area Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam MS General Insurance to a Deputy Area Manager in India?

Aditya Birla Health Insurance Co Deputy Area Manager Salary - ₹11.5 Lakhs to ₹17.0 Lakhs per year
Star Union Dai-ichi Life Insurance Deputy Area Manager Salary - ₹10.0 Lakhs to ₹15.0 Lakhs per year
Bajaj Finance Deputy Area Manager Salary - ₹5.4 Lakhs to ₹11.3 Lakhs per year

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

Bajaj Allianz Life Insurance Deputy Area Manager Salary - ₹4.8 Lakhs to ₹6.5 Lakhs per year
Axis Max Life Insurance Deputy Area Manager Salary - ₹3.4 Lakhs to ₹6.0 Lakhs per year

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 ranges between ₹52,037 per month to ₹53,264 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Deputy Area Manager salary in India which ranges between ₹5.7 Lakhs to ₹8.5 Lakhs per year for employees with experience between 5 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Deputy Area Manager at Cholamandalam MS General Insurance?

According to AmbitionBox, 100% of the Cholamandalam MS General Insurance Deputy Area Managers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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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.