Cholamandalam MS General Insurance Mechanical Engineer Salaries by 2 Employees

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₹2.3 Lakhs - ₹2.9 Lakhs

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Last Updated: 3 Jul 2024

Companies similar to Cholamandalam MS General Insurance for Mechanical Engineer

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Shriram General Insurance Mechanical Engineer Salary 3 - 5 years exp. (3 salaries)	₹2.6 L/yr - ₹3.3 L/yr 11% more
Larsen & Toubro Limited Mechanical Engineer Salary 0 - 10 years exp. (538 salaries)	₹1.5 L/yr - ₹10 L/yr 119% more	1 job opening
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Reliance Industries Mechanical Engineer Salary 1 - 12 years exp. (507 salaries)	₹1.7 L/yr - ₹10 L/yr 152% more	1 job opening
Megha Engineering & Infrastructures Mechanical Engineer Salary 1 - 9 years exp. (388 salaries)	₹2.1 L/yr - ₹7.3 L/yr 74% more
Delhi City School Mechanical Engineer Salary 0 - 6 years exp. (381 salaries)	₹0.3 L/yr - ₹4 L/yr 13% less

Mechanical Engineer salary at Cholamandalam MS General Insurance ranges between ₹2.3 Lakhs to ₹2.9 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 2 latest salaries received from various employees of Cholamandalam MS General Insurance.

Similar Designation salaries in Cholamandalam MS General Insurance

Service Engineer Salary

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Assistant Engineer Salary

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₹1.8 L/yr - ₹2.3 L/yr

Technician Salary

(AmbitionBox Estimate)

₹76 L/yr - ₹84 L/yr

Deputy Manager Salary

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₹4 L/yr - ₹11.25 L/yr

Officer Salary

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Supervisor Salary

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₹2.3 L/yr - ₹2.9 L/yr

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.

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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Salary Discussions, Hike & Promotions

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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Cholamandalam MS General Insurance Mechanical Engineer Salary FAQs

How the salary growth look like for a Mechanical Engineer at Cholamandalam MS General Insurance in India?

The salary growth for a Mechanical Engineer at Cholamandalam MS General Insurance depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience	Average Salary Range
Fresher	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Mechanical Engineer Salaries

Cholamandalam MS General Insurance Mechanical Engineer salary in India ranges between ₹2.3 Lakhs to ₹2.9 Lakhs. This is an estimate based on latest salaries received from employees of Cholamandalam MS General Insurance.