Cholamandalam MS General Insurance Chennai Relationship Manager Salaries by 8 Employees (Updated 2025)

1 - 11 years exp.

₹3.5 Lakhs - ₹4.1 Lakhs

Salary of majority employees

28% less than the average Relationship Manager Salary in Insurance Companies for 1 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations Relationship Manager Salary 1 - 6 years exp. (4 salaries)	₹3.8 L/yr - ₹4.1 L/yr
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BFSI, Investments & Trading Relationship Manager Salary 1 - 6 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.3 L/yr

Last Updated: 4 Jan 2025

Companies similar to Cholamandalam MS General Insurance for Relationship Manager in Chennai

Cholamandalam MS General Insurance Relationship Manager Salary

1 - 11 years exp. (8 salaries)

₹3.5 L/yr - ₹4.1 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Relationship Manager Salary 0 - 9 years exp. (39 salaries)	₹3 L/yr - ₹8.6 L/yr 13% more
HDFC Ergo General Insurance Relationship Manager Salary 1 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹4 L/yr 8% less
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Bajaj Allianz General Insurance Relationship Manager Salary 0 - 8 years exp. (12 salaries)	₹2.5 L/yr - ₹6 L/yr 3% less	45 job openings
Reliance General Insurance Relationship Manager Salary 5 - 11 years exp. (3 salaries)	₹4.4 L/yr - ₹5.5 L/yr 25% more
Tata AIG Relationship Manager Salary 0 - 11 years exp. (44 salaries)	₹2.8 L/yr - ₹6.9 L/yr 19% more	22 job openings
Max Life Insurance Relationship Manager Salary 2 - 10 years exp. (25 salaries)	₹2.2 L/yr - ₹6 L/yr 17% more	5 job openings
Star Union Dai-ichi Life Insurance Relationship Manager Salary 2 - 10 years exp. (21 salaries)	₹3 L/yr - ₹4.9 L/yr 1% less	9 job openings
Bharti AXA Life Insurance Relationship Manager Salary 2 - 9 years exp. (9 salaries)	₹2.8 L/yr - ₹5 L/yr 1% more	4 job openings
Edelweiss Life Insurance Relationship Manager Salary 1 - 7 years exp. (9 salaries)	₹2.8 L/yr - ₹4 L/yr 7% less	4 job openings
Aviva Life Insurance India Relationship Manager Salary 1 - 8 years exp. (5 salaries)	₹2.2 L/yr - ₹4.3 L/yr 5% less
Aditya Birla Health Insurance Co Relationship Manager Salary 0 - 3 years exp. (4 salaries)	₹3.6 L/yr - ₹6.3 L/yr 17% more
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Ageas Federal Life Insurance Relationship Manager Salary 4 - 6 years exp. (3 salaries)	₹3.2 L/yr - ₹5.4 L/yr At par	3 job openings

Relationship Manager salary at Cholamandalam MS General Insurance ranges between ₹3.5 Lakhs to ₹4.1 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 8 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Relationship Manager salaries in Chennai

Last Updated: 4 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.8 L/yr
2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.1 L/yr
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3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.1 L/yr
8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
10 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
11 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.4 L/yr

View all

Similar Designation salaries in Cholamandalam MS General Insurance

Deputy Manager Salary

(28 salaries)

₹6.2 L/yr - ₹11 L/yr

Sales Manager Salary

(10 salaries)

₹3.15 L/yr - ₹5 L/yr

Area Manager Salary

(5 salaries)

₹7.3 L/yr - ₹12 L/yr

Area Sales Manager Salary

(4 salaries)

₹6.04 L/yr - ₹9.5 L/yr

Salary related reviews for Cholamandalam MS General Insurance

4.1

Rated by 4 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.

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

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

Business Development Associate in Mumbai Suburban

BFSI, Investments & Trading Department

3.0

• posted on 03 May 2021

3.0

for Salary and Benefits

Likes

Working environment is okay. Company policies are good, salaries are always paid on time. HR is supportive.

Skill development - Good

+1 more

Dislikes

...ised for simple approval it takes whole day so chances of delay in work is high. IT people are just working for their salary issues are not resolved on time.

Promotions - Poor

Territory Manager in Khammam

Health Insurance Department

5.0

• posted on 15 Feb 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

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Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Cholamandalam MS General Insurance Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Cholamandalam MS General Insurance Chennai?

Relationship Manager salary at Cholamandalam MS General Insurance in Chennai ranges between ₹3.5 Lakhs to ₹4.1 Lakhs for experience between 1 years to 11 years. According to our estimates it is 28% less than the average Relationship Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Cholamandalam MS General Insurance Chennai.

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

The average salary of a Relationship Manager at Cholamandalam MS General Insurance is 28% less than the average salary of a Relationship Manager in Chennai. To know exact salary insights, login to view.

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

Reliance General Insurance Relationship Manager Salary - ₹4.4 Lakhs to ₹5.5 Lakhs per year
Tata AIG Relationship Manager Salary - ₹2.8 Lakhs to ₹6.9 Lakhs per year
Max Life Insurance Relationship Manager Salary - ₹2.2 Lakhs to ₹6.0 Lakhs per year
Aditya Birla Health Insurance Co Relationship Manager Salary - ₹3.6 Lakhs to ₹6.3 Lakhs per year
ICICI Lombard General Insurance Company Relationship Manager Salary - ₹3.0 Lakhs to ₹8.6 Lakhs per year

What is the salary of a Relationship Manager in companies similar to Cholamandalam MS General Insurance in Chennai?

Bharti AXA Life Insurance Relationship Manager Salary - ₹2.8 Lakhs to ₹5.0 Lakhs per year
Ageas Federal Life Insurance Relationship Manager Salary - ₹3.2 Lakhs to ₹5.4 Lakhs per year
Star Union Dai-ichi Life Insurance Relationship Manager Salary - ₹3.0 Lakhs to ₹4.9 Lakhs per year
Bajaj Allianz General Insurance Relationship Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
Aviva Life Insurance India Relationship Manager Salary - ₹2.2 Lakhs to ₹4.3 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at Cholamandalam MS General Insurance ranges between ₹29,429 per month to ₹30,802 per month in Chennai. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Relationship Manager salary in India which ranges between ₹3.5 Lakhs to ₹4.1 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager at Cholamandalam MS General Insurance in Chennai?

According to AmbitionBox, 67% of the Cholamandalam MS General Insurance Relationship Managers in Chennai reported a notice period of 1 Month, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Relationship Manager Salaries in Chennai

Cholamandalam MS General Insurance Relationship Manager salary in Chennai ranges between ₹3.5 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Relationship Manager salaries in Chennai

Companies similar to Cholamandalam MS General Insurance for Relationship Manager in Chennai

Latest annual salaries shared by Cholamandalam MS General Insurance Relationship Manager in Chennai

Experience wise Cholamandalam MS General Insurance Relationship Manager salaries in Chennai

Similar Designation salaries in Cholamandalam MS General Insurance

Salary related reviews for Cholamandalam MS General Insurance

Area Manager in Bikaner

Sales Manager in New Delhi

Deputy Manager in Chennai

Business Development Associate in Mumbai Suburban

Territory Manager in Khammam

Cholamandalam MS General Insurance Relationship Manager Salary FAQs

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