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Cholamandalam MS General Insurance

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3.8

based on 2k Reviews

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Cholamandalam MS General Insurance Salaries in Indore (Updated 2025)

based on 32 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading
Designation Avg Annual Salary Open Jobs

Sales Manager

2 - 6 years exp. · Indore (6 salaries)
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₹3 L/yr - ₹5.3 L/yr

Senior Lead

2 - 9 years exp. · Indore (4 salaries)
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₹3.2 L/yr - ₹4.2 L/yr

Area Sales Manager

9 - 13 years exp. · Indore (3 salaries)
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₹7.2 L/yr - ₹9.3 L/yr

Marketing Head

15 - 16 years exp. · Indore (AmbitionBox Estimate)
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₹6 L/yr - ₹7.7 L/yr

Deputy Manager Marketing

6 - 8 years exp. · Indore (AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr

Sr BDM

15 - 16 years exp. · Indore (AmbitionBox Estimate)
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₹8.5 L/yr - ₹10.8 L/yr

Claims Manager

14 years exp. · Indore (AmbitionBox Estimate)
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₹6.4 L/yr - ₹8.7 L/yr

Area Sales Officer

1 year exp. · Indore (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Credit Manager

6 years exp. · Indore (AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

Junior Executive

9 years exp. · Indore (AmbitionBox Estimate)
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₹1.5 L/yr - ₹2 L/yr

Wealth Manager

6 years exp. · Indore (AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

Relationship Team Leader

9 years exp. · Indore (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

Service Engineer

4 years exp. · Indore (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Sales Manager 1

4 years exp. · Indore (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.1 L/yr

Senior Process Incharge

1 year exp. · Indore (AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

Senior Executive HRD

6 years exp. · Indore (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

Manager

5 - 13 years exp. · Indore (AmbitionBox Estimate)
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₹4.5 L/yr - ₹8.2 L/yr

Last Updated: 16 Mar, 2025

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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works at
Georgia-Pacific
New offer. Confused.
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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Salary related reviews for Cholamandalam MS General Insurance

4.5

Rated by 9 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.

read more

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

read more
  • 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.

read more

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.

read more
  • 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.

read more
  • 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...

read more
  • Salary - Bad
    • +6 more
see more salary related reviews

Cholamandalam MS General Insurance interview questions by designations

Agency Manager (4)Branch Manager (4)Customer Service Executive (3)Area Manager (3)
View all 80 interview experiences

Know more about Cholamandalam MS General Insurance Indore

More about working at Cholamandalam MS General Insurance

Cholamandalam MS General Insurance Salary FAQs

How much does Cholamandalam MS General Insurance pay to its employees?
The average annual salary at Cholamandalam MS General Insurance varies depending on the role, experience, and location. The salary ranges for some popular designations at Cholamandalam MS General Insurance, are as follows:

Sales Manager ₹3 Lakhs to ₹5.3 Lakhs per year
Senior Lead ₹3.2 Lakhs to ₹4.2 Lakhs per year
Area Sales Manager ₹7.2 Lakhs to ₹9.3 Lakhs per year
Marketing Head ₹6 Lakhs to ₹7.7 Lakhs per year

The highest-paying role, Chief Digital Officer, earns between ₹42 Lakhs to ₹93 Lakhs per year. The top 10% of employees earn more than ₹13 Lakhs per year, and the top 1% earn over ₹38.3 Lakhs per year. 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 salary estimates are based on data from 32 salaries submitted by Cholamandalam MS General Insurance employees. Cholamandalam MS General Insurance is rated 4.5 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Cholamandalam MS General Insurance in Indore?
The salary of a fresher at Cholamandalam MS General Insurance in Indore typically ranges from ₹1 Lakh to ₹8 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Agency Manager Salary ₹3 Lakhs to ₹6.5 Lakhs per year
Fresher as a Field Sales Manager Salary ₹3.1 Lakhs to ₹4 Lakhs per year
Fresher as a Customer Service Executive Salary ₹1 Lakhs to ₹2.2 Lakhs per year
Fresher as a Insurance Trainee Salary ₹3.5 Lakhs to ₹3.6 Lakhs per year

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Average annual salary in Cholamandalam MS General Insurance , Indore is INRunlock blur . Salary estimates are based on 30+ Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

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