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

Annual salary range
1 - 10 years exp.
₹1.7 Lakh - ₹6 Lakhs
Salary of majority employees
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41% less than the average Sales Manager Salary in Insurance Companies for 1 - 10 years of experience

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Salaries in different departments

Sales & Business Development
Sales Manager Salary
1 - 10 years exp. (85 salaries)
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₹2 L/yr - ₹6 L/yr

BFSI, Investments & Trading
Sales Manager Salary
1 - 10 years exp. (50 salaries)
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₹1.7 L/yr - ₹5.3 L/yr

Marketing & Communication
Sales Manager Salary
2 - 10 years exp. (18 salaries)
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₹3 L/yr - ₹5.5 L/yr

Customer Success, Service & Operations
Sales Manager Salary
1 - 10 years exp. (11 salaries)
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₹2.9 L/yr - ₹5 L/yr

Last Updated: 23 Mar 2025

Companies similar to Cholamandalam MS General Insurance for Sales Manager

Company name Avg Annual Salary Open Jobs
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Axis Max Life Insurance Sales Manager Salary

0 - 10 years exp. (614 salaries)

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₹2.7 L/yr - ₹6.2 L/yr

arrow icon 10% more
4 job openings
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₹2.6 L/yr - ₹5.1 L/yr

arrow icon 3% less
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₹1.9 L/yr - ₹7 L/yr

arrow icon 14% less
16 job openings
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₹2.2 L/yr - ₹6.3 L/yr

arrow icon 9% less
43 job openings
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Pramerica Life Insurance Sales Manager Salary

0 - 8 years exp. (166 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 20% less
27 job openings
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Bharti AXA Life Insurance Sales Manager Salary

1 - 12 years exp. (119 salaries)

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₹2.1 L/yr - ₹7.4 L/yr

arrow icon 2% more
1 job opening
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Aviva Life Insurance India Sales Manager Salary

1 - 13 years exp. (111 salaries)

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₹1.9 L/yr - ₹5.3 L/yr

arrow icon 7% less
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Edelweiss Life Insurance Sales Manager Salary

3 - 9 years exp. (41 salaries)

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₹2.5 L/yr - ₹6 L/yr

arrow icon 6% less
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₹2.4 L/yr - ₹5.2 L/yr

arrow icon 9% less
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₹2.9 L/yr - ₹7.6 L/yr

arrow icon 9% more
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MetLife Sales Manager Salary

1 - 7 years exp. (22 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 22% less
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₹2.4 L/yr - ₹6.1 L/yr

arrow icon 4% less
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SBI General Insurance Sales Manager Salary

1 - 11 years exp. (19 salaries)

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₹2 L/yr - ₹6.2 L/yr

arrow icon 2% more
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₹3.3 L/yr - ₹7.3 L/yr

arrow icon 8% more
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₹1.8 L/yr - ₹8.9 L/yr

arrow icon 1% less
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₹3 L/yr - ₹6 L/yr

arrow icon 8% less
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₹2.1 L/yr - ₹6.5 L/yr

arrow icon 30% more
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₹3.6 L/yr - ₹6.5 L/yr

arrow icon 5% more
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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 26% less
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Medi Assist India Sales Manager Salary

1 - 5 years exp. (4 salaries)

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₹1.9 L/yr - ₹14.2 L/yr

arrow icon 79% more
View all
Sales Manager salary at Cholamandalam MS General Insurance ranges between ₹1.7 Lakh to ₹6 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 193 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Sales Manager

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Experience wise Cholamandalam MS General Insurance Sales Manager salaries

Last Updated: 23 Mar 2025

Experience Avg Annual Salary
1 year  (9 salaries)

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₹1.7 L/yr - ₹4 L/yr
2 years  (19 salaries)

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₹2 L/yr - ₹4.4 L/yr
3 years  (17 salaries)

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₹3 L/yr - ₹5 L/yr
4 years  (21 salaries)

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₹3 L/yr - ₹4.8 L/yr
5 years  (30 salaries)

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₹2.4 L/yr - ₹5.3 L/yr
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Similar Designation salaries in Cholamandalam MS General Insurance

Store Manager Salary
(AmbitionBox Estimate)
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₹24.3 L/yr - ₹31.1 L/yr
Area Manager Salary
(115 salaries)
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₹5.25 L/yr - ₹16.92 L/yr
Branch Manager Salary
(202 salaries)
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₹2.92 L/yr - ₹8.82 L/yr
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₹5.11 L/yr - ₹13.6 L/yr
Sales Officer Salary
(26 salaries)
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₹2 L/yr - ₹4.52 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
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₹3.5 L/yr - ₹5.6 L/yr
Marketing Manager Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr
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₹12.7 L/yr - ₹24 L/yr

Salary related reviews for Cholamandalam MS General Insurance

3.6

Rated by 72 employees for salary & benefits

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

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

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

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.

read more
  • Salary - Excellent
  • +6 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.

read more

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.

read more
  • Salary - Poor
  • +3 more
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Cholamandalam MS General Insurance Sales Manager Salary FAQs

What is the salary of Sales Manager at Cholamandalam MS General Insurance ?
The average salary of a Sales Manager at Cholamandalam MS General Insurance in India typically ranges from ₹1.7 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Sales Manager at Cholamandalam MS General Insurance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.9 Lakhs per year. Sales 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 100+ Cholamandalam MS General Insurance employees in India.
What is the estimated take home salary of a Sales Manager at Cholamandalam MS General Insurance in India?
The estimated take-home salary of a Sales Manager at Cholamandalam MS General Insurance in India typically ranges from ₹30,845 to ₹32,146 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 1 year to 10 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 100+ 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 Sales Manager in India?
Allianz Partners ₹15.0 Lakhs to ₹18.5 Lakhs per year
Medi Assist India ₹1.9 Lakhs to ₹14.2 Lakhs per year
Universal Sompo General Insurance ₹2.1 Lakhs to ₹6.5 Lakhs per year
Axis Max Life Insurance ₹2.7 Lakhs to ₹6.2 Lakhs per year
Ageas Federal Life Insurance ₹2.9 Lakhs to ₹7.6 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 Sales Manager in companies similar to Cholamandalam MS General Insurance in India?
The salary of a Sales 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:

Magma HDI General Insurance ₹3.3 Lakhs to ₹7.3 Lakhs per year
Life Insurance Corporation of India ₹3.6 Lakhs to ₹6.5 Lakhs per year
SBI General Insurance ₹2.0 Lakhs to ₹6.2 Lakhs per year
Bharti AXA Life Insurance ₹2.1 Lakhs to ₹7.4 Lakhs per year
Royal Sundaram General Insurance ₹1.8 Lakhs to ₹8.9 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 Sales Manager at Cholamandalam MS General Insurance in India?
The salary growth for a Sales Manager at Cholamandalam MS General Insurance depends on factors such as experience, performance, and promotions. On average, a Sales Manager can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience Average Salary Range
1 year ₹1.7 Lakhs to ₹4.0 Lakhs per year
2 years ₹2.0 Lakhs to ₹4.4 Lakhs per year
3 years ₹3.0 Lakhs to ₹5.0 Lakhs per year
4 years ₹3.0 Lakhs to ₹4.8 Lakhs per year
and so on.

Tell us how to improve this page.

Cholamandalam MS General Insurance Sales Manager salary in India ranges between ₹1.7 Lakh to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 193 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.