Cholamandalam MS General Insurance Direct Sales Officer Salaries by 10+ Employees

0 - 5 years exp.

₹1 Lakh - ₹2.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

28% less than the average Direct Sales Officer Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Direct Sales Officer Salary 1 - 5 years exp. (5 salaries)	₹1.5 L/yr - ₹2.8 L/yr
Engineering - Software & QA Direct Sales Officer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
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Finance & Accounting Direct Sales Officer Salary 1 - 5 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.5 L/yr
Sales & Business Development Direct Sales Officer Salary 0 - 3 years exp. (AmbitionBox Estimate)	₹1 L/yr - ₹2.1 L/yr
Customer Success, Service & Operations Direct Sales Officer Salary 1 year exp. (AmbitionBox Estimate)	₹1 L/yr - ₹1.8 L/yr

Last Updated: 14 Mar 2023

Companies similar to Cholamandalam MS General Insurance for Direct Sales Officer

Company name	Avg Annual Salary	Open Jobs
Asian Paints Direct Sales Officer Salary 1 - 5 years exp. (26 salaries)	₹2.4 L/yr - ₹4.1 L/yr 63% more
Confidence Petroleum India Direct Sales Officer Salary 1 - 7 years exp. (6 salaries)	₹2.8 L/yr - ₹3.8 L/yr 67% more	3 job openings
Login to view exact salary
IDFC FIRST Bank Direct Sales Officer Salary 1 - 12 years exp. (5 salaries)	₹1.9 L/yr - ₹2.1 L/yr 4% more
VE Commercial Vehicles Direct Sales Officer Salary 5 - 16 years exp. (4 salaries)	₹2.8 L/yr - ₹6.8 L/yr 151% more
Standard Chartered Direct Sales Officer Salary 1 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹1.7 L/yr 20% less

Direct Sales Officer salary at Cholamandalam MS General Insurance ranges between ₹1 Lakh to ₹2.8 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 15 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Direct Sales Officer

1y ago

₹2.2 Lakhs

4 years exp.

1y ago

₹2.8 Lakhs

5 years exp.

1y ago

₹2.1 Lakhs

3 years exp.

1y ago

₹2.5 Lakhs

5 years exp.

1y ago

₹1 Lakh

1 year exp.

1y ago

2 years exp.

1y ago

7 months exp.

1y ago

1 year exp.

1y ago

2 years exp.

1y ago

1 year exp.

Experience wise Cholamandalam MS General Insurance Direct Sales Officer salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
Fresher (3 salaries)	₹1 L/yr - ₹3.2 L/yr
1 year (6 salaries)	₹1 L/yr - ₹2.3 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.4 L/yr
3 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.1 L/yr
4 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.2 L/yr
5 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.8 L/yr

View all

Similar Designation salaries in Cholamandalam MS General Insurance

Senior Sales Officer Salary

(4 salaries)

₹3.09 L/yr - ₹5 L/yr

Sales Officer Salary

(26 salaries)

₹2 L/yr - ₹4.52 L/yr

Area Sales Manager Salary

(39 salaries)

₹5.11 L/yr - ₹13.6 L/yr

Assistant Sales Manager Salary

(7 salaries)

₹3 L/yr - ₹4.35 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Relationship Officer Salary

(7 salaries)

₹3.1 L/yr - ₹5 L/yr

Area Sales Executive Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Sales Manager Salary

(204 salaries)

₹1.7 L/yr - ₹6 L/yr

Senior Sales Executive Salary

(17 salaries)

₹2.85 L/yr - ₹4.55 L/yr

Territory Sales Incharge Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Cholamandalam MS General Insurance

4.7

Rated by 3 employees for salary & benefits

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

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.

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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Cholamandalam MS General Insurance Direct Sales Officer Salary FAQs

What is the salary of Direct Sales Officer at Cholamandalam MS General Insurance ?

The average salary of a Direct Sales Officer at Cholamandalam MS General Insurance in India typically ranges from ₹1.0 Lakhs to ₹2.8 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Direct Sales Officer at Cholamandalam MS General Insurance earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Direct Sales Officer 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 10+ Cholamandalam MS General Insurance employees in India.

What is the estimated take home salary of a Direct Sales Officer at Cholamandalam MS General Insurance in India?

The estimated take-home salary of a Direct Sales Officer at Cholamandalam MS General Insurance in India typically ranges from ₹13,380 to ₹14,807 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from Fresher to 5 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 10+ 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 Direct Sales Officer in India?

VE Commercial Vehicles	₹2.8 Lakhs to ₹6.8 Lakhs per year
Confidence Petroleum India	₹2.8 Lakhs to ₹3.8 Lakhs per year
Asian Paints	₹2.4 Lakhs to ₹4.1 Lakhs per year
IDFC FIRST Bank	₹1.9 Lakhs to ₹2.1 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 Direct Sales Officer in companies similar to Cholamandalam MS General Insurance in India?

The salary of a Direct Sales Officer 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:

Standard Chartered

₹1.5 Lakhs to ₹1.7 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 Direct Sales Officer at Cholamandalam MS General Insurance in India?

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

Experience	Average Salary Range
Fresher	₹1.0 Lakhs to ₹3.2 Lakhs per year
1 year	₹1.0 Lakhs to ₹2.3 Lakhs per year
2 years	₹1.5 Lakhs to ₹3.4 Lakhs per year
3 years	₹0.8 Lakhs to ₹2.1 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Direct Sales Officer Salaries by Location

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Cholamandalam MS General Insurance Direct Sales Officer Salaries

Cholamandalam MS General Insurance Direct Sales Officer salary in India ranges between ₹1 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Direct Sales Officer salaries in India

Companies similar to Cholamandalam MS General Insurance for Direct Sales Officer

Latest annual salaries shared by Cholamandalam MS General Insurance Direct Sales Officer

Experience wise Cholamandalam MS General Insurance Direct Sales Officer salaries

Similar Designation salaries in Cholamandalam MS General Insurance

Salary related reviews for Cholamandalam MS General Insurance

Sales Manager in New Delhi

Deputy Manager in Chennai

Territory Manager in Khammam

Area Manager in Bikaner

Agency Manager in Ahmednagar

Cholamandalam MS General Insurance Direct Sales Officer Salary FAQs

Tell us how to improve this page.

Cholamandalam MS General Insurance Direct Sales Officer Salaries by Location