Cholamandalam MS General Insurance Finance Officer Salaries by 7 Employees (Updated 2024)

0 - 6 years exp.

₹2 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

53% less than the average Finance Officer Salary in Insurance Companies for 0 - 6 years of experience

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Last Updated: 20 Apr 2024

Companies similar to Cholamandalam MS General Insurance for Finance Officer

Company name	Avg Annual Salary	Open Jobs
Royal Sundaram General Insurance Finance Officer Salary 3 - 12 years exp. (10 salaries)	₹2.4 L/yr - ₹6 L/yr 73% more
Bharti AXA Life Insurance Finance Officer Salary 1 - 6 years exp. (6 salaries)	₹1.6 L/yr - ₹2.4 L/yr 9% less
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Bajaj Finserv Finance Officer Salary 0 - 5 years exp. (56 salaries)	₹1.5 L/yr - ₹4.3 L/yr 11% more
ITC Finance Officer Salary 4 - 11 years exp. (52 salaries)	₹3.6 L/yr - ₹7 L/yr 129% more
WeMakeScholars Finance Officer Salary 0 - 2 years exp. (41 salaries)	₹2 L/yr - ₹4.5 L/yr 66% more

Finance Officer salary at Cholamandalam MS General Insurance ranges between ₹2 Lakhs to ₹3 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Finance Officer salaries

Last Updated: 20 Apr 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr
1 year (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.7 L/yr
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2 years (3 salaries)	₹2 L/yr - ₹2.3 L/yr
3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
6 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr

View all

Similar Designation salaries in Cholamandalam MS General Insurance

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Finance Executive Salary

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Financial Analyst Salary

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Deputy Manager Salary

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Accounting Staff Salary

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Salary related reviews for Cholamandalam MS General Insurance

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.

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.

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...

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

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.

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.

Dislikes

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

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Cholamandalam MS General Insurance Finance Officer Salary FAQs

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

Finance Officer salary at Cholamandalam MS General Insurance in India ranges between ₹2.0 Lakhs to ₹3.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 53% less than the average Finance Officer 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 Finance Officer at Cholamandalam MS General Insurance India compare with the average salary range for this job?

The average salary of a Finance Officer at Cholamandalam MS General Insurance is 53% less than the average salary of a Finance Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam MS General Insurance to a Finance Officer in India?

ITC Finance Officer Salary - ₹3.6 Lakhs to ₹7.0 Lakhs per year
Royal Sundaram General Insurance Finance Officer Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
WeMakeScholars Finance Officer Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
Bajaj Finserv Finance Officer Salary - ₹1.5 Lakhs to ₹4.3 Lakhs per year

What is the salary of a Finance Officer in companies similar to Cholamandalam MS General Insurance in India?

Bharti AXA Life Insurance Finance Officer Salary - ₹1.6 Lakhs to ₹2.4 Lakhs per year

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

The estimated take-home salary of a Finance Officer at Cholamandalam MS General Insurance ranges between ₹16,250 per month to ₹17,926 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Finance Officer salary in India which ranges between ₹2.0 Lakhs to ₹3.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Finance Officer at Cholamandalam MS General Insurance?

According to AmbitionBox, 100% of the Cholamandalam MS General Insurance Finance Officers reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Finance Officer Salaries

Cholamandalam MS General Insurance Finance Officer salary in India ranges between ₹2 Lakhs to ₹3 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.