Cholamandalam MS General Insurance Insurance Trainee Salaries by 10+ Employees (Updated 2025)

0 - 4 years exp.

₹3.5 Lakhs - ₹3.6 Lakhs

Salary of majority employees

61% more than the average Insurance Trainee Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

Sales & Business Development Insurance Trainee Salary Fresher (3 salaries)	₹3.5 L/yr - ₹3.5 L/yr
BFSI, Investments & Trading Insurance Trainee Salary 0 - 3 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.5 L/yr
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Finance & Accounting Insurance Trainee Salary Fresher (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.5 L/yr
Human Resources Insurance Trainee Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.5 L/yr
Marketing & Communication Insurance Trainee Salary Fresher (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.5 L/yr

Last Updated: 4 Jul 2023

Companies similar to Cholamandalam MS General Insurance for Insurance Trainee

Company name	Avg Annual Salary	Open Jobs
SBI General Insurance Insurance Trainee Salary 3 - 5 years exp. (3 salaries)	₹1.4 L/yr - ₹1.7 L/yr 57% less
Star Union Dai-ichi Life Insurance Insurance Trainee Salary 0 - 2 years exp. (8 salaries)	₹2.2 L/yr - ₹3.3 L/yr 20% less
Login to view exact salary
Aster MIMS Insurance Trainee Salary 2 - 5 years exp. (3 salaries)	₹1.7 L/yr - ₹2.2 L/yr 46% less

Insurance Trainee salary at Cholamandalam MS General Insurance ranges between ₹3.5 Lakhs to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 14 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Insurance Trainee salaries

Last Updated: 4 Jul 2023

Experience	Avg Annual Salary
Fresher (10 salaries)	₹3.5 L/yr - ₹3.6 L/yr
1 year (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.3 L/yr
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2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.3 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.5 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Management Trainee Salary

(15 salaries)

₹3.5 L/yr - ₹8 L/yr

Branch Manager Salary

(189 salaries)

₹2.92 L/yr - ₹8 L/yr

Finance Executive Salary

(7 salaries)

₹2.1 L/yr - ₹3 L/yr

Credit Officer Salary

(6 salaries)

₹0.9 L/yr - ₹3.5 L/yr

Sales Officer Salary

(29 salaries)

₹1.75 L/yr - ₹4.52 L/yr

Accountant Salary

(3 salaries)

₹0.7 L/yr - ₹8.98 L/yr

Sales Executive Salary

(74 salaries)

₹1.4 L/yr - ₹4.25 L/yr

Team Lead Salary

(36 salaries)

₹2.8 L/yr - ₹9.5 L/yr

Senior Associate Salary

(6 salaries)

₹1.2 L/yr - ₹4.93 L/yr

Credit Manager Salary

(5 salaries)

₹4.7 L/yr - ₹8 L/yr

Salary related reviews for Cholamandalam MS General Insurance

1.6

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

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.

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.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Cholamandalam MS General Insurance Insurance Trainee Salary FAQs

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

Insurance Trainee salary at Cholamandalam MS General Insurance in India ranges between ₹3.5 Lakhs to ₹3.6 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 61% more than the average Insurance Trainee Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Cholamandalam MS General Insurance India.

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

The average salary of a Insurance Trainee at Cholamandalam MS General Insurance is 61% more than the average salary of a Insurance Trainee in India. To know exact salary insights, login to view.

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

Star Union Dai-ichi Life Insurance Insurance Trainee Salary - ₹2.2 Lakhs to ₹3.3 Lakhs per year
Aster MIMS Insurance Trainee Salary - ₹1.7 Lakhs to ₹2.2 Lakhs per year
SBI General Insurance Insurance Trainee Salary - ₹1.4 Lakhs to ₹1.7 Lakhs per year

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

The estimated take-home salary of a Insurance Trainee at Cholamandalam MS General Insurance ranges between ₹25,556 per month to ₹26,987 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Insurance Trainee salary in India which ranges between ₹3.5 Lakhs to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 63% of the Cholamandalam MS General Insurance Insurance Trainees reported a notice period of 1 Month, 12% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Insurance Trainee Salaries

Cholamandalam MS General Insurance Insurance Trainee salary in India ranges between ₹3.5 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Insurance Trainee salaries in India

Companies similar to Cholamandalam MS General Insurance for Insurance Trainee

Latest annual salaries shared by Cholamandalam MS General Insurance Insurance Trainee

Experience wise Cholamandalam MS General Insurance Insurance Trainee 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

Area Manager in Bikaner

Agency Manager in Ahmednagar

Area Head in Pune

Cholamandalam MS General Insurance Insurance Trainee Salary FAQs

Tell us how to improve this page.

Cholamandalam MS General Insurance Insurance Trainee Salaries by Location