Cholamandalam MS General Insurance New Delhi State Head Salaries by 7 Employees

12 - 18 years exp.

₹12.9 Lakhs - ₹15 Lakhs

Avg. annual salary

Monthly In-hand Salary

13% less than the average State Head Salary in Insurance Companies for 12 - 18 years of experience

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Last Updated: 12 Dec 2023

Companies similar to Cholamandalam MS General Insurance for State Head in New Delhi

Cholamandalam MS General Insurance State Head Salary

12 - 18 years exp. (7 salaries)

₹12.9 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
Magma HDI General Insurance State Head Salary 10 - 14 years exp. (7 salaries)	₹14 L/yr - ₹27 L/yr 29% more
Bajaj Allianz Life Insurance State Head Salary 16 - 23 years exp. (5 salaries)	₹15.7 L/yr - ₹22 L/yr 31% more
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IDFC FIRST Bank State Head Salary 5 - 18 years exp. (42 salaries)	₹7.4 L/yr - ₹25 L/yr 11% more
Reliance Retail State Head Salary 13 - 25 years exp. (12 salaries)	₹16.6 L/yr - ₹29.2 L/yr 70% more
Paytm State Head Salary 10 - 17 years exp. (11 salaries)	₹10 L/yr - ₹27.5 L/yr 25% more	1 job opening

State Head salary at Cholamandalam MS General Insurance ranges between ₹12.9 Lakhs to ₹15 Lakhs per year for employees with experience between 12 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance State Head salaries in New Delhi

Last Updated: 12 Dec 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr
13 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.6 L/yr
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14 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.7 L/yr
15+ years (3 salaries)	₹5.9 L/yr - ₹15 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Sales Manager Salary

(20 salaries)

₹3 L/yr - ₹5.61 L/yr

Deputy Manager Salary

(8 salaries)

₹6.2 L/yr - ₹10.3 L/yr

Area Manager Salary

(5 salaries)

₹6 L/yr - ₹15 L/yr

Regional Manager Salary

(3 salaries)

₹15.15 L/yr - ₹24 L/yr

Salary related reviews for Cholamandalam MS General Insurance

1.0

Rated by 1 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.

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

Promotions - Bad

+3 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.

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.

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.

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.

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

see more salary related reviews

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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

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Cholamandalam MS General Insurance State Head Salary FAQs

What is the salary of State Head at Cholamandalam MS General Insurance in New Delhi?

The average salary of a State Head at Cholamandalam MS General Insurance in New Delhi typically ranges from ₹12.9 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 12 years to 18 years).

The top 10% of State Head in New Delhi at Cholamandalam MS General Insurance earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. State Head 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 7 Cholamandalam MS General Insurance employees in India.

What is the estimated take home salary of a State Head at Cholamandalam MS General Insurance in New Delhi?

The estimated take-home salary of a State Head at Cholamandalam MS General Insurance in New Delhi typically ranges from ₹1,01,175 to ₹1,03,934 per month. This is based on the average salary range of ₹12.9 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 12 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 7 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 State Head in India?

Reliance Retail	₹16.6 Lakhs to ₹29.2 Lakhs per year
Bajaj Allianz Life Insurance	₹15.7 Lakhs to ₹22.0 Lakhs per year
Magma HDI General Insurance	₹14.0 Lakhs to ₹27.0 Lakhs per year
Paytm	₹10.0 Lakhs to ₹27.5 Lakhs per year
IDFC FIRST Bank	₹7.4 Lakhs to ₹25.0 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.

How the salary growth look like for a State Head at Cholamandalam MS General Insurance in New Delhi?

The salary growth for a State Head at Cholamandalam MS General Insurance in New Delhi depends on factors such as experience, performance, and promotions. On average, a State Head in New Delhi can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience	Average Salary Range
12 years	₹12.9 Lakhs to ₹16.5 Lakhs per year
13 years	₹13.0 Lakhs to ₹16.6 Lakhs per year
14 years	₹13.0 Lakhs to ₹16.7 Lakhs per year
15 years	₹5.9 Lakhs to ₹15.0 Lakhs per year

and so on.

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Cholamandalam MS General Insurance State Head Salaries in New Delhi

Cholamandalam MS General Insurance State Head salary in New Delhi ranges between ₹12.9 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.