Search

Salaries

  • Reviews
  • Salaries
  • Interview Questions
  • About Company
  • Benefits
  • Jobs
  • Office Photos
  • Community
+ Contribute
notification
notification
Login
Upload Button Icon Add office photos
Employer? Claim Account for FREE

Cholamandalam MS General Insurance

Compare button icon Compare button icon Compare
3.8

based on 2k Reviews

Play video Play video Video summary
filter salariesFilter salaries by

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

Annual salary range
7 - 18 years exp.
₹5.8 Lakhs - ₹8.5 Lakhs
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur

37% less than the average Senior Branch Manager Salary in Insurance Companies for 7 - 18 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development
Senior Branch Manager Salary
7 - 16 years exp. (6 salaries)
unlock-blur

₹6.9 L/yr - ₹8.5 L/yr

Marketing & Communication
Senior Branch Manager Salary
10 - 18 years exp. (4 salaries)
unlock-blur

₹5.8 L/yr - ₹7.2 L/yr

BFSI, Investments & Trading
Senior Branch Manager Salary
11 - 13 years exp. (AmbitionBox Estimate)
unlock-blur

₹6.3 L/yr - ₹6.9 L/yr

Last Updated: 7 Feb 2025

Companies similar to Cholamandalam MS General Insurance for Senior Branch Manager

Company name Avg Annual Salary Open Jobs
Logo
Bajaj Allianz Life Insurance Senior Branch Manager Salary

9 - 21 years exp. (153 salaries)
unlock blur

₹6 L/yr - ₹15.3 L/yr

arrow icon 57% more
Logo
Future Generali India Life Insurance Senior Branch Manager Salary

9 - 19 years exp. (62 salaries)
unlock blur

₹6.5 L/yr - ₹15.8 L/yr

arrow icon 69% more
Logo
Bharti AXA Life Insurance Senior Branch Manager Salary

12 - 23 years exp. (33 salaries)
unlock blur

₹9 L/yr - ₹15 L/yr

arrow icon 71% more
Logo
Aditya Birla Health Insurance Co Senior Branch Manager Salary

6 - 19 years exp. (20 salaries)
unlock blur

₹9 L/yr - ₹12.3 L/yr

arrow icon 65% more
Logo
Axis Max Life Insurance Senior Branch Manager Salary

10 - 22 years exp. (14 salaries)
unlock blur

₹9 L/yr - ₹17.2 L/yr

arrow icon 78% more
Logo
Edelweiss Life Insurance Senior Branch Manager Salary

5 - 16 years exp. (10 salaries)
unlock blur

₹5.7 L/yr - ₹11.5 L/yr

arrow icon 29% more
Logo
Pramerica Life Insurance Senior Branch Manager Salary

7 - 21 years exp. (6 salaries)
unlock blur

₹12.5 L/yr - ₹14.5 L/yr

arrow icon 96% more
Logo
ManipalCigna Health Insurance Senior Branch Manager Salary

13 - 15 years exp. (5 salaries)
unlock blur

₹8 L/yr - ₹9.8 L/yr

arrow icon 34% more
Logo
Aviva Life Insurance India Senior Branch Manager Salary

11 - 15 years exp. (4 salaries)
unlock blur

₹6.6 L/yr - ₹12.7 L/yr

arrow icon 15% more
Logo
Ageas Federal Life Insurance Senior Branch Manager Salary

10 - 16 years exp. (4 salaries)
unlock blur

₹10 L/yr - ₹18.7 L/yr

arrow icon 104% more
Logo
Star Union Dai-ichi Life Insurance Senior Branch Manager Salary

12 - 16 years exp. (4 salaries)
unlock blur

₹8.3 L/yr - ₹15 L/yr

arrow icon 49% more
Logo
Life Insurance Corporation of India Senior Branch Manager Salary

16 - 34 years exp. (3 salaries)
unlock blur

₹6 L/yr - ₹15 L/yr

arrow icon 86% more
Senior Branch Manager salary at Cholamandalam MS General Insurance ranges between ₹5.8 Lakhs to ₹8.5 Lakhs per year for employees with experience between 7 years to 18 years. Salary estimates are based on 15 latest salaries received from various employees of Cholamandalam MS General Insurance.

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

3w ago
₹7 Lakhs
13 years exp.
4mo ago
₹6.5 Lakhs
18 years exp.
4mo ago
₹7.2 Lakhs
16 years exp.
11mo ago
₹7.7 Lakhs
8 years exp.
1y ago
₹7.2 Lakhs
15 years exp.
1y ago
avg blur mobile
16 years exp.
1y ago
avg blur mobile
7 years exp.
1y ago
avg blur mobile
15 years exp.
1y ago
avg blur mobile
10 years exp.
1y ago
avg blur mobile
13 years exp.

Experience wise Cholamandalam MS General Insurance Senior Branch Manager salaries

Last Updated: 7 Feb 2025

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

unlock blur

₹2.7 L/yr - ₹7.2 L/yr
8 years (AmbitionBox Estimate)

unlock blur

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

unlock blur

₹6.2 L/yr - ₹7.9 L/yr
10 years (AmbitionBox Estimate)

unlock blur

₹6.7 L/yr - ₹7 L/yr
11 years (AmbitionBox Estimate)

unlock blur

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

From

To

Senior Branch Manager

unlock blur

7 - 18 years exp.

Cluster Manager

unlock blur

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

Senior Sales Manager Salary
(13 salaries)
unlock blur
₹3.5 L/yr - ₹5.6 L/yr
Branch Manager Salary
(237 salaries)
unlock blur
₹2.92 L/yr - ₹8.82 L/yr
Assistant Branch Manager Salary
(69 salaries)
unlock blur
₹2.6 L/yr - ₹4.6 L/yr
Senior Relationship Manager Salary
(13 salaries)
unlock blur
₹3 L/yr - ₹5.7 L/yr
Operations Manager Salary
(14 salaries)
unlock blur
₹1 L/yr - ₹9 L/yr
Area Sales Manager Salary
(39 salaries)
unlock blur
₹5.11 L/yr - ₹13.6 L/yr
Area Manager Salary
(118 salaries)
unlock blur
₹4.5 L/yr - ₹16.47 L/yr
Territory Manager Salary
(48 salaries)
unlock blur
₹4.6 L/yr - ₹11 L/yr
Sales Manager Salary
(204 salaries)
unlock blur
₹1.7 L/yr - ₹6 L/yr
Branch Sales Manager Salary
(AmbitionBox Estimate)
unlock blur
₹6.3 L/yr - ₹8 L/yr

Salary related reviews for Cholamandalam MS General Insurance

4.8

Rated by 4 employees for salary & benefits

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

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 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.

read more
  • Salary - Excellent
    • +6 more

Dislikes

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

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

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 .

read more

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
see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All
Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
Verified Icon
·
works at
Georgia-Pacific
New offer. Confused.
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?
FeedCard Image
Got a question about Cholamandalam MS General Insurance?
Ask anonymously on communities.
More about working at Cholamandalam MS General Insurance

Cholamandalam MS General Insurance Senior Branch Manager Salary FAQs

What is the salary of Senior Branch Manager at Cholamandalam MS General Insurance ?
The average salary of a Senior Branch Manager at Cholamandalam MS General Insurance in India typically ranges from ₹5.8 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 7 years to 18 years).

The top 10% of Senior Branch Manager at Cholamandalam MS General Insurance earn more than ₹7.7 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Senior Branch 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 10+ Cholamandalam MS General Insurance employees in India.
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 in India typically ranges from ₹52,065 to ₹53,292 per month. This is based on the average salary range of ₹5.8 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 7 years to 18 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 10+ 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 Senior Branch Manager in India?
Ageas Federal Life Insurance ₹10.0 Lakhs to ₹18.7 Lakhs per year
Pramerica Life Insurance ₹12.5 Lakhs to ₹14.5 Lakhs per year
Life Insurance Corporation of India ₹6.0 Lakhs to ₹15.0 Lakhs per year
Axis Max Life Insurance ₹9.0 Lakhs to ₹17.2 Lakhs per year
Bharti AXA Life Insurance ₹9.0 Lakhs to ₹15.0 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 Senior Branch Manager in companies similar to Cholamandalam MS General Insurance in India?
The salary of a Senior Branch 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:

Future Generali India Life Insurance ₹6.5 Lakhs to ₹15.8 Lakhs per year
Aditya Birla Health Insurance Co ₹9.0 Lakhs to ₹12.3 Lakhs per year
Bajaj Allianz Life Insurance ₹6.0 Lakhs to ₹15.3 Lakhs per year
Star Union Dai-ichi Life Insurance ₹8.3 Lakhs to ₹15.0 Lakhs per year
ManipalCigna Health Insurance ₹8.0 Lakhs to ₹9.8 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 Senior Branch Manager at Cholamandalam MS General Insurance in India?
The salary growth for a Senior Branch Manager at Cholamandalam MS General Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Branch Manager can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience Average Salary Range
7 years ₹2.7 Lakhs to ₹7.2 Lakhs per year
8 years ₹6.5 Lakhs to ₹7.7 Lakhs per year
9 years ₹6.2 Lakhs to ₹7.9 Lakhs per year
10 years ₹6.7 Lakhs to ₹7.0 Lakhs per year
and so on.

Tell us how to improve this page.

Cholamandalam MS General Insurance Senior Branch Manager Salaries by Location

Cholamandalam MS General Insurance Senior Branch Manager salary in India ranges between ₹5.8 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.