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Cholamandalam MS General Insurance Regional Manager salaries in India (Updated 2025)

Annual salary range
12 - 21 years exp.
₹12.7 Lakhs - ₹24 Lakhs
Salary of majority employees
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19% more than the average Regional Manager Salary in Insurance Companies for 12 - 21 years of experience

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Salaries in different departments

Sales & Business Development
Regional Manager Salary
12 - 20 years exp. (11 salaries)
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₹12.7 L/yr - ₹24 L/yr

BFSI, Investments & Trading
Regional Manager Salary
14 - 21 years exp. (6 salaries)
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₹14.5 L/yr - ₹22 L/yr

Customer Success, Service & Operations
Regional Manager Salary
15 - 16 years exp. (AmbitionBox Estimate)
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₹18.1 L/yr - ₹19 L/yr

Marketing & Communication
Regional Manager Salary
13 - 15 years exp. (AmbitionBox Estimate)
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₹18.7 L/yr - ₹19.7 L/yr

Last Updated: 20 Mar 2025

Companies similar to Cholamandalam MS General Insurance for Regional Manager

Company name Avg Annual Salary Open Jobs
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₹7 L/yr - ₹23 L/yr

arrow icon 11% less
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Axis Max Life Insurance Regional Manager Salary

11 - 21 years exp. (77 salaries)

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₹7.6 L/yr - ₹27.6 L/yr

arrow icon 2% more
1 job opening
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₹10.2 L/yr - ₹28 L/yr

arrow icon 6% more
1 job opening
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₹5 L/yr - ₹13 L/yr

arrow icon 38% less
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₹17.5 L/yr - ₹29.5 L/yr

arrow icon 22% more
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₹10.3 L/yr - ₹22 L/yr

arrow icon 6% less
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₹8 L/yr - ₹29 L/yr

arrow icon 9% less
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₹18.8 L/yr - ₹21 L/yr

arrow icon 5% more
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₹18.6 L/yr - ₹45 L/yr

arrow icon 48% more
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Allianz Partners Regional Manager Salary

10 - 19 years exp. (5 salaries)

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₹4.6 L/yr - ₹13.3 L/yr

arrow icon 53% less
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SBI General Insurance Regional Manager Salary

10 - 15 years exp. (5 salaries)

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₹14.2 L/yr - ₹25 L/yr

arrow icon 2% less
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₹12 L/yr - ₹34.9 L/yr

arrow icon 24% more
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₹3 L/yr - ₹18 L/yr

arrow icon 41% less
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₹17.5 L/yr - ₹21.4 L/yr

arrow icon 2% less
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₹5.4 L/yr - ₹22.6 L/yr

arrow icon 29% less
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₹12 L/yr - ₹22.2 L/yr

arrow icon 3% more
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₹4.1 L/yr - ₹17 L/yr

arrow icon 45% less
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₹9.9 L/yr - ₹28 L/yr

arrow icon 4% more
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Allianz Regional Manager Salary

5 - 8 years exp. (3 salaries)

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₹6.5 L/yr - ₹21.7 L/yr

arrow icon 36% less
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Medi Assist India Regional Manager Salary

9 - 15 years exp. (3 salaries)

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₹11 L/yr - ₹24 L/yr

arrow icon 6% less
Regional Manager salary at Cholamandalam MS General Insurance ranges between ₹12.7 Lakhs to ₹24 Lakhs per year for employees with experience between 12 years to 21 years. Salary estimates are based on 24 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Regional Manager

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14 years exp.
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12 years exp.
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13 years exp.
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21 years exp.
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20 years exp.
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16 years exp.
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19 years exp.
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17 years exp.
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12 years exp.
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19 years exp.

Experience wise Cholamandalam MS General Insurance Regional Manager salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹12.7 L/yr - ₹24 L/yr
13 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹18.7 L/yr
14 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹20 L/yr
15+ years  (18 salaries)

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₹14.5 L/yr - ₹22 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Zonal Manager Salary
(6 salaries)
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₹19.87 L/yr - ₹30 L/yr
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₹39 L/yr - ₹45 L/yr
Regional Head Salary
(7 salaries)
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₹13 L/yr - ₹29.9 L/yr
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₹3.5 L/yr - ₹5.6 L/yr
Branch Manager Salary
(202 salaries)
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₹2.92 L/yr - ₹8.82 L/yr
Area Manager Salary
(117 salaries)
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₹4.5 L/yr - ₹16.48 L/yr
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₹17 L/yr - ₹17.7 L/yr
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₹2.1 L/yr - ₹6 L/yr
Deputy Manager Salary
(66 salaries)
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₹4 L/yr - ₹11.25 L/yr
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₹4 L/yr - ₹6.5 L/yr

Salary related reviews for Cholamandalam MS General Insurance

4.5

Rated by 4 employees for salary & benefits

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

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

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.

read more
  • 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.

read more
  • Skill development - Bad
  • +4 more

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.

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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.

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  • Salary - Poor
  • +3 more

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.

see more salary related reviews

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Cholamandalam MS General Insurance Regional Manager Salary FAQs

What is the salary of Regional Manager at Cholamandalam MS General Insurance ?
The average salary of a Regional Manager at Cholamandalam MS General Insurance in India typically ranges from ₹12.7 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 12 years to 21 years).

The top 10% of Regional Manager at Cholamandalam MS General Insurance earn more than ₹22.0 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Regional Manager 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 estimates are based on salary data submitted by 20+ Cholamandalam MS General Insurance employees in India.
What is the estimated take home salary of a Regional Manager at Cholamandalam MS General Insurance in India?
The estimated take-home salary of a Regional Manager at Cholamandalam MS General Insurance in India typically ranges from ₹1,20,839 to ₹1,24,234 per month. This is based on the average salary range of ₹12.7 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 12 years to 21 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 20+ salaries received from various employees of Cholamandalam MS General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Cholamandalam MS General Insurance for Regional Manager in India?
Aditya Birla Health Insurance Co ₹18.6 Lakhs to ₹45.0 Lakhs per year
Life Insurance Corporation of India ₹12.0 Lakhs to ₹34.9 Lakhs per year
Star Union Dai-ichi Life Insurance ₹17.5 Lakhs to ₹29.5 Lakhs per year
Future Generali India Life Insurance ₹10.2 Lakhs to ₹28.0 Lakhs per year
Royal Sundaram General Insurance ₹18.8 Lakhs to ₹21.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Cholamandalam MS General Insurance, depending on the role and experience level.
What is the salary of a Regional Manager in companies similar to Cholamandalam MS General Insurance in India?
The salary of a Regional Manager at companies similar to Cholamandalam MS General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndiaFirst Life Insurance ₹9.9 Lakhs to ₹28.0 Lakhs per year
Bharti AXA Life Insurance ₹12.0 Lakhs to ₹22.2 Lakhs per year
Axis Max Life Insurance ₹7.6 Lakhs to ₹27.6 Lakhs per year
Aviva Life Insurance India ₹17.5 Lakhs to ₹21.4 Lakhs per year
SBI General Insurance ₹14.2 Lakhs to ₹25.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Regional Manager at Cholamandalam MS General Insurance in India?
The salary growth for a Regional Manager at Cholamandalam MS General Insurance depends on factors such as experience, performance, and promotions. On average, a Regional Manager can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience Average Salary Range
12 years ₹12.7 Lakhs to ₹24.0 Lakhs per year
13 years ₹7.1 Lakhs to ₹18.7 Lakhs per year
14 years ₹7.2 Lakhs to ₹20.0 Lakhs per year
15 years ₹14.5 Lakhs to ₹22.0 Lakhs per year
and so on.

Tell us how to improve this page.

Cholamandalam MS General Insurance Regional Manager salary in India ranges between ₹12.7 Lakhs to ₹24 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 24 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.