Cholamandalam MS General Insurance General Manager Salaries by 4 Employees (Updated 2025)

8 - 29 years exp.

₹39 Lakhs - ₹45 Lakhs

Low Confidence

Salary of majority employees

17% more than the average General Manager Salary in Insurance Companies for 8 - 29 years of experience

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Last Updated: 17 Dec 2023

Companies similar to Cholamandalam MS General Insurance for General Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company General Manager Salary 0 - 19 years exp. (3 salaries)	₹10 L/yr - ₹30 L/yr 53% less
HDFC Ergo General Insurance General Manager Salary 0 - 2 years exp. (3 salaries)	₹3.3 L/yr - ₹4.5 L/yr 91% less
Login to view exact salary
Royal Sundaram General Insurance General Manager Salary 17 - 20 years exp. (4 salaries)	₹42.5 L/yr - ₹57 L/yr 19% more
Bajaj Allianz Life Insurance General Manager Salary 12 - 20 years exp. (4 salaries)	₹30 L/yr - ₹45 L/yr 19% less
Shriram General Insurance General Manager Salary 17 - 29 years exp. (3 salaries)	₹23 L/yr - ₹25 L/yr 43% less

General Manager salary at Cholamandalam MS General Insurance ranges between ₹39 Lakhs to ₹45 Lakhs per year for employees with experience between 8 years to 29 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance General Manager salaries

Last Updated: 17 Dec 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹40.5 L/yr - ₹51.8 L/yr
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15+ years (3 salaries)	₹39 L/yr - ₹43.5 L/yr

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Salary related reviews for Cholamandalam MS General Insurance

5.0

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

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

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.

General Insurance in Cuttack

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 Jan 2025

1.0

for Salary and Benefits

Likes

Zero like ...

Dislikes

Chola is fraud company. Senior behaviour is like shit. Industry low salary package. Salary not delivered in right time. Company fraud with both customer and employees.. Manager and TL both are drink beer in office. Manager steal petty cash and deposit many fake bills...

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

1w (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 General Manager Salary FAQs

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

General Manager salary at Cholamandalam MS General Insurance in India ranges between ₹39.0 Lakhs to ₹45.0 Lakhs for experience between 8 years to 29 years. According to our estimates it is 17% more than the average General 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 General Manager at Cholamandalam MS General Insurance India compare with the average salary range for this job?

The average salary of a General Manager at Cholamandalam MS General Insurance is 17% more than the average salary of a General Manager in India. To know exact salary insights, login to view.

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

Royal Sundaram General Insurance General Manager Salary - ₹42.5 Lakhs to ₹57.0 Lakhs per year

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

Bajaj Allianz Life Insurance General Manager Salary - ₹30.0 Lakhs to ₹45.0 Lakhs per year
Shriram General Insurance General Manager Salary - ₹23.0 Lakhs to ₹25.0 Lakhs per year
ICICI Lombard General Insurance Company General Manager Salary - ₹10.0 Lakhs to ₹30.0 Lakhs per year
HDFC Ergo General Insurance General Manager Salary - ₹3.3 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a General Manager at Cholamandalam MS General Insurance ranges between ₹2,52,380 per month to ₹2,62,654 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance General Manager salary in India which ranges between ₹39.0 Lakhs to ₹45.0 Lakhs per year for employees with experience between 8 years to 29 years. Check how did we calculate take home salary?

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Cholamandalam MS General Insurance General Manager Salaries

Cholamandalam MS General Insurance General Manager salary in India ranges between ₹39 Lakhs to ₹45 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 General Manager salaries in India

Companies similar to Cholamandalam MS General Insurance for General Manager

Latest annual salaries shared by Cholamandalam MS General Insurance General Manager

Experience wise Cholamandalam MS General Insurance General 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

Agency Manager in Ahmednagar

Area Head in Pune

General Insurance in Cuttack

Cholamandalam MS General Insurance General Manager Salary FAQs

Tell us how to improve this page.