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Cholamandalam MS General Insurance

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3.8

based on 2k Reviews

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

Annual salary range
2 - 6 years exp.
₹3 Lakhs - ₹5.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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39% less than the average Sales Manager Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Sales Manager Salary
2 - 5 years exp. (4 salaries)
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₹3 L/yr - ₹5.3 L/yr

Marketing & Communication
Sales Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹5.2 L/yr

Last Updated: 16 Mar 2025

Companies similar to Cholamandalam MS General Insurance for Sales Manager in Indore

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Cholamandalam MS General Insurance Sales Manager Salary

2 - 6 years exp. (6 salaries)
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₹3 L/yr - ₹5.3 L/yr

vs
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Axis Bank Sales Manager Salary

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₹3 L/yr - ₹13.1 L/yr

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Kotak Mahindra Bank Sales Manager Salary

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₹1.8 L/yr - ₹9.5 L/yr

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Tata Capital Sales Manager Salary

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₹4.5 L/yr - ₹9.9 L/yr

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Sales Manager salary at Cholamandalam MS General Insurance ranges between ₹3 Lakhs to ₹5.3 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Sales Manager in Indore

3w ago
₹5.3 Lakhs
5 years exp.
9mo ago
₹5.2 Lakhs
6 years exp.

Experience wise Cholamandalam MS General Insurance Sales Manager salaries in Indore

Last Updated: 16 Mar 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
3 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Area Sales Manager Salary
(3 salaries)
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₹7.15 L/yr - ₹9.25 L/yr

Salary related reviews for Cholamandalam MS General Insurance

5.0

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

read more
  • Promotions - Bad
    • +3 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.

read 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.

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

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.

read more
  • Salary - Excellent
    • +6 more

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.

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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Discover interview dos and don'ts from real experiences

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2w (edited)
kirayagami1
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works at
TCS
Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible
Nagarro offer: Kindly Help me to decide
Option 1
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Option 2
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115 participants . poll closed
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Cholamandalam MS General Insurance Sales Manager Salary FAQs

What is the salary of Sales Manager at Cholamandalam MS General Insurance in Indore?
The average salary of a Sales Manager at Cholamandalam MS General Insurance in Indore typically ranges from ₹3.0 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Sales Manager in Indore at Cholamandalam MS General Insurance earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.3 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 6 Cholamandalam MS General Insurance employees in India.
What is the estimated take home salary of a Sales Manager at Cholamandalam MS General Insurance in Indore?
The estimated take-home salary of a Sales Manager at Cholamandalam MS General Insurance in Indore typically ranges from ₹30,563 to ₹31,869 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 2 years to 6 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 6 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?
Axis Bank ₹3.0 Lakhs to ₹13.1 Lakhs per year
HDFC Bank ₹3.5 Lakhs to ₹12.7 Lakhs per year
Tata Capital ₹4.5 Lakhs to ₹9.9 Lakhs per year
Kotak Mahindra Bank ₹1.8 Lakhs to ₹9.5 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.
How the salary growth look like for a Sales Manager at Cholamandalam MS General Insurance in Indore?
The salary growth for a Sales Manager at Cholamandalam MS General Insurance in Indore depends on factors such as experience, performance, and promotions. On average, a Sales Manager in Indore can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience Average Salary Range
2 years ₹3.4 Lakhs to ₹4.4 Lakhs per year
3 years ₹3.5 Lakhs to ₹4.5 Lakhs per year
4 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
5 years ₹3.7 Lakhs to ₹4.7 Lakhs per year
and so on.

Tell us how to improve this page.

Cholamandalam MS General Insurance Sales Manager salary in Indore ranges between ₹3 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.