Cholamandalam MS General Insurance Sales Manager Bancassurance Salaries by 10 Employees (Updated 2025)

1 - 14 years exp.

₹2.4 Lakhs - ₹5.8 Lakhs

Low Confidence

Salary of majority employees

13% less than the average Sales Manager Bancassurance Salary in Insurance Companies for 1 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Manager Bancassurance Salary 2 - 12 years exp. (4 salaries)	₹2.4 L/yr - ₹5.8 L/yr
Sales & Business Development Sales Manager Bancassurance Salary 1 - 7 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.7 L/yr
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Finance & Accounting Sales Manager Bancassurance Salary 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 17 Dec 2023

Companies similar to Cholamandalam MS General Insurance for Sales Manager Bancassurance

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Sales Manager Bancassurance Salary 1 - 13 years exp. (14 salaries)	₹3 L/yr - ₹10.6 L/yr 61% more	1 job opening
HDFC Ergo General Insurance Sales Manager Bancassurance Salary 2 - 12 years exp. (18 salaries)	₹3.1 L/yr - ₹5.3 L/yr 4% more
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Bajaj Allianz General Insurance Sales Manager Bancassurance Salary 1 - 11 years exp. (26 salaries)	₹1.9 L/yr - ₹6 L/yr 6% more	49 job openings
Reliance General Insurance Sales Manager Bancassurance Salary 3 - 11 years exp. (12 salaries)	₹2.8 L/yr - ₹7.8 L/yr 29% more
Tata AIG Sales Manager Bancassurance Salary 6 - 16 years exp. (11 salaries)	₹5.5 L/yr - ₹11 L/yr 114% more
Future Generali India Life Insurance Sales Manager Bancassurance Salary 1 - 4 years exp. (3 salaries)	₹1.5 L/yr - ₹2.9 L/yr 28% less
Bajaj Allianz Life Insurance Sales Manager Bancassurance Salary 3 - 7 years exp. (12 salaries)	₹2.3 L/yr - ₹4.2 L/yr 9% less
Aditya Birla Health Insurance Co Sales Manager Bancassurance Salary 4 - 7 years exp. (6 salaries)	₹3.2 L/yr - ₹4.5 L/yr 6% more
Axis Max Life Insurance Sales Manager Bancassurance Salary 4 - 7 years exp. (4 salaries)	₹3.1 L/yr - ₹4.7 L/yr 10% less	4 job openings
IndiaFirst Life Insurance Sales Manager Bancassurance Salary 8 - 10 years exp. (4 salaries)	₹3.7 L/yr - ₹4.5 L/yr 9% more
Royal Sundaram General Insurance Sales Manager Bancassurance Salary 4 - 9 years exp. (4 salaries)	₹3.4 L/yr - ₹4.5 L/yr 1% less
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Bharti AXA Life Insurance Sales Manager Bancassurance Salary 2 - 9 years exp. (4 salaries)	₹4.5 L/yr - ₹5.6 L/yr 38% more
Aviva Life Insurance India Sales Manager Bancassurance Salary 5 - 16 years exp. (3 salaries)	₹3.8 L/yr - ₹5.5 L/yr 16% more

Sales Manager Bancassurance salary at Cholamandalam MS General Insurance ranges between ₹2.4 Lakhs to ₹5.8 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 10 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Sales Manager Bancassurance salaries

Last Updated: 17 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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4 years (4 salaries)	₹3 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
12 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
14 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr

View all

Similar Designation salaries in Cholamandalam MS General Insurance

Area Head Salary

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Assistant Branch Manager Salary

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Agency Manager Salary

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₹1.1 L/yr - ₹5 L/yr

Claims Manager Salary

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₹3.85 L/yr - ₹12 L/yr

Cluster Manager Salary

(17 salaries)

₹6.5 L/yr - ₹10 L/yr

Senior Branch Manager Salary

(17 salaries)

₹5.55 L/yr - ₹8.5 L/yr

Customer Service Officer Salary

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₹1.45 L/yr - ₹2.6 L/yr

Salary related reviews for Cholamandalam MS General Insurance

2.1

Rated by 2 employees for salary & benefits

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.

Area Head in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 15 Apr 2022

3.0

for Salary and Benefits

Likes

Overall company is good. Working culture is satisfactory. Salary compensation is also as per industry norms .

Dislikes

I can't say much because I am not dissatisfied with company,I am dissatisfied with my channel. But still I can say company should change their approach according to the market competition. Orthodox and old system should change time to time.

Skill development - Poor

+1 more

Agency Manager in Purnia

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Aug 2021

2.0

for Salary and Benefits

Likes

...ms IT is so weak and it will take atleast more than 5 years to improvise his IT.they are providing good compensation as well, there are no support from HR and supervisor's even is your super boss also don't provide any support.

Skill development - Good

Dislikes

Training part is good in chola ms otherwise any other benefits is vulnerable.

Salary - Poor

Agency Manager in Jaipur

BFSI, Investments & Trading Department

5.0

• posted on 18 May 2018

5.0

for Salary and Benefits

Likes

...NVIRONMENT . QUICK AND PROMPT SERVICE. NICE CAREER GROWTH IN THIS ORGANIZATION. GOOD SALARY AND ALSO GIVEN APPRAISAL. ALL TRAVEL CLAIMS CAME ON TIME . NO ANY POLITICS IN COMPANY. WHO WILL WORK WELL. THEN COMPANY GIVEN PROMOTION AND INCENTIVE ETC.

Salary - Excellent

+5 more

Dislikes

I MOSTLY DISLIKE THAT COMPANY WITHOUT ANY CONVERSATION WITH EMPLOYEE. CHANGE WORKING. FOR EXAMPLE COMPANY GIVEN TABS TO ALL EMPLOYEE. BUT WE CANT DO EXCEL WORK ON IT WHO SECURED WITH IT. LIKE. PRIMUM CALCULATOR. ONE MORE THING WHEN DISCUSSING WITH ALL EMPLOYEES THAN WHY GIVEN TABLET. WHEN WE REQUIRRED LAPTOP FOR WORK. ITS EASY FOR BOTH. FAST WORKING IN LESS TIME. OR ON TAB ITS NOT WORKING PROPERLY. BECAUSE ALL DEPENDS ON RAM. VERY SLOW INTERNET WHEN SUBMITING PROPOSALS IN IT. MOST TIME ITS SYNCRONIGE. FOR 1 PROPOSAL SUBMITING TAKE TIME MORW THEN 15-20 MIN.

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Cholamandalam MS General Insurance Sales Manager Bancassurance Salary FAQs

What is the salary of Sales Manager Bancassurance at Cholamandalam MS General Insurance?

Sales Manager Bancassurance salary at Cholamandalam MS General Insurance in India ranges between ₹2.4 Lakhs to ₹5.8 Lakhs for experience between 1 years to 14 years. According to our estimates it is 13% less than the average Sales Manager Bancassurance Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Cholamandalam MS General Insurance India.

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

The average salary of a Sales Manager Bancassurance at Cholamandalam MS General Insurance is 13% less than the average salary of a Sales Manager Bancassurance in India. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam MS General Insurance to a Sales Manager Bancassurance in India?

Tata AIG Sales Manager Bancassurance Salary - ₹5.5 Lakhs to ₹11.0 Lakhs per year
ICICI Lombard General Insurance Company Sales Manager Bancassurance Salary - ₹3.0 Lakhs to ₹10.6 Lakhs per year
Bharti AXA Life Insurance Sales Manager Bancassurance Salary - ₹4.5 Lakhs to ₹5.6 Lakhs per year
Reliance General Insurance Sales Manager Bancassurance Salary - ₹2.8 Lakhs to ₹7.8 Lakhs per year
Aviva Life Insurance India Sales Manager Bancassurance Salary - ₹3.8 Lakhs to ₹5.5 Lakhs per year

What is the salary of a Sales Manager Bancassurance in companies similar to Cholamandalam MS General Insurance in India?

IndiaFirst Life Insurance Sales Manager Bancassurance Salary - ₹3.7 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Health Insurance Co Sales Manager Bancassurance Salary - ₹3.2 Lakhs to ₹4.5 Lakhs per year
Bajaj Allianz General Insurance Sales Manager Bancassurance Salary - ₹1.9 Lakhs to ₹6.0 Lakhs per year
HDFC Ergo General Insurance Sales Manager Bancassurance Salary - ₹3.1 Lakhs to ₹5.3 Lakhs per year
Royal Sundaram General Insurance Sales Manager Bancassurance Salary - ₹3.4 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Sales Manager Bancassurance at Cholamandalam MS General Insurance in India?

The estimated take-home salary of a Sales Manager Bancassurance at Cholamandalam MS General Insurance ranges between ₹28,206 per month to ₹29,597 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Sales Manager Bancassurance salary in India which ranges between ₹2.4 Lakhs to ₹5.8 Lakhs per year for employees with experience between 1 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Sales Manager Bancassurance at Cholamandalam MS General Insurance?

According to AmbitionBox, 67% of the Cholamandalam MS General Insurance Sales Manager Bancassurances reported a notice period of 2 Months, 33% reported a notice period of More than 3 months.This is based on 3 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Sales Manager Bancassurance Salaries

Cholamandalam MS General Insurance Sales Manager Bancassurance salary in India ranges between ₹2.4 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Sales Manager Bancassurance salaries in India

Companies similar to Cholamandalam MS General Insurance for Sales Manager Bancassurance

Latest annual salaries shared by Cholamandalam MS General Insurance Sales Manager Bancassurance

Experience wise Cholamandalam MS General Insurance Sales Manager Bancassurance salaries

Similar Designation salaries in Cholamandalam MS General Insurance

Salary related reviews for Cholamandalam MS General Insurance

Agency Manager in Ahmednagar

Area Head in Pune

Area Head in Pune

Agency Manager in Purnia

Agency Manager in Jaipur

Cholamandalam MS General Insurance Sales Manager Bancassurance Salary FAQs

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Cholamandalam MS General Insurance Sales Manager Bancassurance Salaries by Location