Cholamandalam MS General Insurance Chennai Management Trainee Salaries by 6 Employees (Updated 2025)

0 - 1 year exp.

₹3.6 Lakhs - ₹8 Lakhs

Salary of majority employees

16% less than the average Management Trainee Salary in Insurance Companies for 0 - 1 year of experience

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Salaries in different departments

Data Science & Analytics Management Trainee Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹8 L/yr
BFSI, Investments & Trading Management Trainee Salary Fresher (AmbitionBox Estimate)	₹5.2 L/yr - ₹8 L/yr
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Finance & Accounting Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹5.8 L/yr

Last Updated: 18 May 2023

Companies similar to Cholamandalam MS General Insurance for Management Trainee in Chennai

Cholamandalam MS General Insurance Management Trainee Salary

0 - 1 year exp. (6 salaries)

₹3.6 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIG Management Trainee Salary 0 - 2 years exp. (8 salaries)	₹3.8 L/yr - ₹9 L/yr 49% more
Genpact Management Trainee Salary 0 - 13 years exp. (374 salaries)	₹2.7 L/yr - ₹9.2 L/yr 6% more	55 job openings
Login to view exact salary
Access Healthcare Management Trainee Salary 6 - 12 years exp. (103 salaries)	₹2.4 L/yr - ₹9 L/yr 17% more
ICICI Bank Management Trainee Salary 0 - 3 years exp. (37 salaries)	₹12 L/yr - ₹19.5 L/yr 182% more
TVS Credit Management Trainee Salary 0 - 2 years exp. (29 salaries)	₹10 L/yr - ₹24 L/yr 148% more

Management Trainee salary at Cholamandalam MS General Insurance ranges between ₹3.6 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 6 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Management Trainee salaries in Chennai

Last Updated: 18 May 2023

Experience	Avg Annual Salary
Fresher (3 salaries)	₹2.5 L/yr - ₹8 L/yr
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1 year (3 salaries)	₹3.6 L/yr - ₹8 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Deputy Manager Salary

(28 salaries)

₹6.2 L/yr - ₹11 L/yr

Team Lead Salary

(17 salaries)

₹2.8 L/yr - ₹5.8 L/yr

Accounts Officer Salary

(6 salaries)

₹2.1 L/yr - ₹3.5 L/yr

Salary related reviews for Cholamandalam MS General Insurance

1.0

Rated by 3 employees for salary & benefits

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

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.

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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 Management Trainee Salary FAQs

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

Management Trainee salary at Cholamandalam MS General Insurance in Chennai ranges between ₹3.6 Lakhs to ₹8.0 Lakhs for less than 1 year of experience. According to our estimates it is 16% less than the average Management Trainee Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Cholamandalam MS General Insurance Chennai.

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

The average salary of a Management Trainee at Cholamandalam MS General Insurance is 16% less than the average salary of a Management Trainee in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam MS General Insurance to a Management Trainee in Chennai?

ICICI Bank Management Trainee Salary - ₹12.0 Lakhs to ₹19.5 Lakhs per year
TVS Credit Management Trainee Salary - ₹10.0 Lakhs to ₹24.0 Lakhs per year
Tata AIG Management Trainee Salary - ₹3.8 Lakhs to ₹9.0 Lakhs per year
Access Healthcare Management Trainee Salary - ₹2.4 Lakhs to ₹9.0 Lakhs per year
Genpact Management Trainee Salary - ₹2.7 Lakhs to ₹9.2 Lakhs per year

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

The estimated take-home salary of a Management Trainee at Cholamandalam MS General Insurance ranges between ₹44,090 per month to ₹45,195 per month in Chennai. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Management Trainee salary in India which ranges between ₹3.6 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Cholamandalam MS General Insurance Management Trainees in Chennai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Management Trainee Salaries in Chennai

Cholamandalam MS General Insurance Management Trainee salary in Chennai ranges between ₹3.6 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Management Trainee salaries in Chennai

Companies similar to Cholamandalam MS General Insurance for Management Trainee in Chennai

Latest annual salaries shared by Cholamandalam MS General Insurance Management Trainee in Chennai

Experience wise Cholamandalam MS General Insurance Management Trainee salaries in Chennai

Similar Designation salaries in Cholamandalam MS General Insurance

Salary related reviews for Cholamandalam MS General Insurance

Deputy Manager in Chennai

Area Manager in Bikaner

Sales Manager in New Delhi

Agency Manager in Ahmednagar

Area Head in Pune

Cholamandalam MS General Insurance Management Trainee Salary FAQs

Tell us how to improve this page.