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Cholamandalam MS General Insurance Senior Branch Manager salaries in India

Annual salary range
7 - 18 years exp.
₹5.6 Lakhs - ₹8.5 Lakhs
Salary of majority employees
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37% less than the average Senior Branch Manager Salary in Insurance Companies for 7 - 18 years of experience

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Salaries in different departments

Sales & Business Development
Senior Branch Manager Salary
7 - 16 years exp. (7 salaries)
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₹5.6 L/yr - ₹8.5 L/yr

Marketing & Communication
Senior Branch Manager Salary
10 - 18 years exp. (4 salaries)
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₹5.8 L/yr - ₹7.2 L/yr

BFSI, Investments & Trading
Senior Branch Manager Salary
10 - 13 years exp. (3 salaries)
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₹6.3 L/yr - ₹8.5 L/yr

Last Updated: 7 Feb 2025

Companies similar to Cholamandalam MS General Insurance for Senior Branch Manager

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Tata AIG Senior Branch Manager Salary

6 - 7 years exp. (3 salaries)

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₹10 L/yr - ₹10.1 L/yr

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₹12.5 L/yr - ₹22 L/yr

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₹6.5 L/yr - ₹16 L/yr

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₹9 L/yr - ₹15 L/yr

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₹9 L/yr - ₹12.3 L/yr

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Max Life Insurance Senior Branch Manager Salary

10 - 22 years exp. (10 salaries)

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₹9 L/yr - ₹13.6 L/yr

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₹11 L/yr - ₹14 L/yr

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₹5.7 L/yr - ₹11.5 L/yr

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₹8 L/yr - ₹9.8 L/yr

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₹6.6 L/yr - ₹12.7 L/yr

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₹8.3 L/yr - ₹15 L/yr

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₹6 L/yr - ₹15 L/yr

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Senior Branch Manager salary at Cholamandalam MS General Insurance ranges between ₹5.6 Lakhs to ₹8.5 Lakhs per year for employees with experience between 7 years to 18 years. Salary estimates are based on 17 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Senior Branch Manager

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13 years exp.
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Experience wise Cholamandalam MS General Insurance Senior Branch Manager salaries

Last Updated: 7 Feb 2025

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹7.2 L/yr
8 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹7.7 L/yr
9 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8 L/yr
10 years  (4 salaries)

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₹5.6 L/yr - ₹8.5 L/yr
11 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹7.2 L/yr
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Cholamandalam MS General Insurance Senior Branch Manager Salary and Career Growth

From

To

Senior Branch Manager

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7 - 18 years exp.

Cluster Manager

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5 - 17 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Cholamandalam MS General Insurance

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₹3.5 L/yr - ₹5.6 L/yr
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₹1 L/yr - ₹9 L/yr
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₹4.5 L/yr - ₹14 L/yr
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₹2.8 L/yr - ₹5.61 L/yr
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(AmbitionBox Estimate)
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Salary related reviews for Cholamandalam MS General Insurance

4.8

Rated by 4 employees for salary & benefits

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

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 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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

weekly 1 off, need to change in 5 day working week.

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.

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  • Skill development - Bad
  • +4 more

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 .

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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.

read more
  • Skill development - Poor
  • +1 more
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Cholamandalam MS General Insurance Senior Branch Manager Salary FAQs

What is the salary of Senior Branch Manager at Cholamandalam MS General Insurance?
Senior Branch Manager salary at Cholamandalam MS General Insurance in India ranges between ₹5.6 Lakhs to ₹8.5 Lakhs for experience between 7 years to 18 years. According to our estimates it is 37% less than the average Senior Branch Manager Salary in India. Salary estimates are based on 17 latest salaries received from various employees of Cholamandalam MS General Insurance India.
How does the salary of a Senior Branch Manager at Cholamandalam MS General Insurance India compare with the average salary range for this job?
The average salary of a Senior Branch Manager at Cholamandalam MS General Insurance is 37% less than the average salary of a Senior Branch Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Cholamandalam MS General Insurance to a Senior Branch Manager in India?
  • National Insurance Company Senior Branch Manager Salary - ₹15.3 Lakhs to ₹24.0 Lakhs per year
  • United India Insurance Company Senior Branch Manager Salary - ₹12.5 Lakhs to ₹22.0 Lakhs per year
  • Pramerica Life Insurance Senior Branch Manager Salary - ₹11.0 Lakhs to ₹14.0 Lakhs per year
  • Life Insurance Corporation of India Senior Branch Manager Salary - ₹6.0 Lakhs to ₹15.0 Lakhs per year
  • Bharti AXA Life Insurance Senior Branch Manager Salary - ₹9.0 Lakhs to ₹15.0 Lakhs per year
What is the salary of a Senior Branch Manager in companies similar to Cholamandalam MS General Insurance in India?
  • Future Generali India Life Insurance Senior Branch Manager Salary - ₹6.5 Lakhs to ₹16.0 Lakhs per year
  • Aditya Birla Health Insurance Co Senior Branch Manager Salary - ₹9.0 Lakhs to ₹12.3 Lakhs per year
  • Max Life Insurance Senior Branch Manager Salary - ₹9.0 Lakhs to ₹13.6 Lakhs per year
  • ICICI Lombard General Insurance Company Senior Branch Manager Salary - ₹8.5 Lakhs to ₹14.1 Lakhs per year
  • HDFC Ergo General Insurance Senior Branch Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
What is the estimated take home salary of a Senior Branch Manager at Cholamandalam MS General Insurance in India?
The estimated take-home salary of a Senior Branch Manager at Cholamandalam MS General Insurance ranges between ₹52,080 per month to ₹54,441 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Senior Branch Manager salary in India which ranges between ₹5.6 Lakhs to ₹8.5 Lakhs per year for employees with experience between 7 years to 18 years. Check how did we calculate take home salary?
What is the notice period for Senior Branch Manager at Cholamandalam MS General Insurance?
According to AmbitionBox, 71% of the Cholamandalam MS General Insurance Senior Branch Managers reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Cholamandalam MS General Insurance Senior Branch Manager salary in India ranges between ₹5.6 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.