Cholamandalam MS General Insurance Relationship Officer Salaries by 7 Employees (Updated 2025)

0 - 5 years exp.

₹3.1 Lakhs - ₹5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

27% more than the average Relationship Officer Salary in Insurance Companies for 0 - 5 years of experience

Interested in this particular role?

Last Updated: 14 Jan 2025

Companies similar to Cholamandalam MS General Insurance for Relationship Officer

Company name	Avg Annual Salary	Open Jobs
Aviva Life Insurance India Relationship Officer Salary 0 - 5 years exp. (138 salaries)	₹1.8 L/yr - ₹3.5 L/yr 27% less
Star Union Dai-ichi Life Insurance Relationship Officer Salary 2 - 8 years exp. (123 salaries)	₹2.5 L/yr - ₹4.9 L/yr 4% less
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Bharti AXA Life Insurance Relationship Officer Salary 0 - 4 years exp. (101 salaries)	₹1.7 L/yr - ₹3.2 L/yr 34% less
Axis Max Life Insurance Relationship Officer Salary 0 - 6 years exp. (80 salaries)	₹2 L/yr - ₹3.3 L/yr 31% less
Bajaj Allianz Life Insurance Relationship Officer Salary 0 - 6 years exp. (16 salaries)	₹2.6 L/yr - ₹4.5 L/yr 11% less
ManipalCigna Health Insurance Relationship Officer Salary 0 - 7 years exp. (11 salaries)	₹2.2 L/yr - ₹2.5 L/yr 35% less
SBI General Insurance Relationship Officer Salary 0 - 7 years exp. (7 salaries)	₹1.6 L/yr - ₹3.9 L/yr 17% less
Aditya Birla Health Insurance Co Relationship Officer Salary 0 - 2 years exp. (7 salaries)	₹2.3 L/yr - ₹3 L/yr 27% less
IndiaFirst Life Insurance Relationship Officer Salary 0 - 6 years exp. (5 salaries)	₹2.8 L/yr - ₹3.9 L/yr 11% less	1 job opening
Future Generali India Life Insurance Relationship Officer Salary 0 - 6 years exp. (5 salaries)	₹2 L/yr - ₹3.2 L/yr 28% less
Edelweiss Life Insurance Relationship Officer Salary 1 - 3 years exp. (5 salaries)	₹2.5 L/yr - ₹5 L/yr 12% less
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Shriram General Insurance Relationship Officer Salary 1 - 2 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 36% less
Universal Sompo General Insurance Relationship Officer Salary 2 - 9 years exp. (4 salaries)	₹2.6 L/yr - ₹4.5 L/yr 9% less
Life Insurance Corporation of India Relationship Officer Salary 1 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹3.5 L/yr 17% less
Royal Sundaram General Insurance Relationship Officer Salary 1 - 15 years exp. (3 salaries)	₹4.5 L/yr - ₹6.8 L/yr 46% more

Relationship Officer salary at Cholamandalam MS General Insurance ranges between ₹3.1 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 7 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Relationship Officer salaries

Last Updated: 14 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
1 year (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr

View all

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Salary related reviews for Cholamandalam MS General Insurance

4.7

Rated by 2 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

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

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.

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 Relationship Officer Salary FAQs

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

The average salary of a Relationship Officer at Cholamandalam MS General Insurance in India typically ranges from ₹3.1 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Relationship Officer at Cholamandalam MS General Insurance earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Relationship Officer 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 7 Cholamandalam MS General Insurance employees in India.

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

The estimated take-home salary of a Relationship Officer at Cholamandalam MS General Insurance in India typically ranges from ₹27,099 to ₹28,506 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 5 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 7 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 Relationship Officer in India?

Royal Sundaram General Insurance

₹4.5 Lakhs to ₹6.8 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 Relationship Officer in companies similar to Cholamandalam MS General Insurance in India?

The salary of a Relationship Officer 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:

Star Union Dai-ichi Life Insurance	₹2.5 Lakhs to ₹4.9 Lakhs per year
Universal Sompo General Insurance	₹2.6 Lakhs to ₹4.5 Lakhs per year
IndiaFirst Life Insurance	₹2.8 Lakhs to ₹3.9 Lakhs per year
Bajaj Allianz Life Insurance	₹2.6 Lakhs to ₹4.5 Lakhs per year
Edelweiss Life Insurance	₹2.5 Lakhs to ₹5.0 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 Relationship Officer at Cholamandalam MS General Insurance in India?

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

Experience	Average Salary Range
Fresher	₹3.5 Lakhs to ₹4.5 Lakhs per year
1 year	₹3.4 Lakhs to ₹4.4 Lakhs per year
2 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
3 years	₹3.3 Lakhs to ₹4.2 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Relationship Officer Salaries

Cholamandalam MS General Insurance Relationship Officer salary in India ranges between ₹3.1 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Relationship Officer salaries in India (Updated 2025)

Companies similar to Cholamandalam MS General Insurance for Relationship Officer

Latest annual salaries shared by Cholamandalam MS General Insurance Relationship Officer

Experience wise Cholamandalam MS General Insurance Relationship Officer 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 Relationship Officer Salary FAQs

Tell us how to improve this page.