Cholamandalam MS General Insurance Hyderabad / Secunderabad Territory Manager Salaries by 4 Employees (Updated 2025)

11 - 14 years exp.

₹6.5 Lakhs - ₹8.5 Lakhs

Salary of majority employees

At par with the average Territory Manager Salary in Insurance Companies for 11 - 14 years of experience

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Salaries in different departments

Marketing & Communication Territory Manager Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹7.5 L/yr
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Sales & Business Development Territory Manager Salary 11 - 14 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹9.2 L/yr

Last Updated: 19 Jul 2023

Companies similar to Cholamandalam MS General Insurance for Territory Manager in Hyderabad / Secunderabad

Cholamandalam MS General Insurance Territory Manager Salary

11 - 14 years exp. (4 salaries)

₹6.5 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Territory Manager Salary 1 - 10 years exp. (3 salaries)	₹6.7 L/yr - ₹10 L/yr 12% more
Bajaj Allianz General Insurance Territory Manager Salary 5 - 14 years exp. (5 salaries)	₹4.5 L/yr - ₹5.9 L/yr 34% less
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Bajaj Allianz Life Insurance Territory Manager Salary 6 - 13 years exp. (11 salaries)	₹5.5 L/yr - ₹10 L/yr 12% less
Royal Sundaram General Insurance Territory Manager Salary 6 - 8 years exp. (3 salaries)	₹5 L/yr - ₹5.5 L/yr 32% less
IDFC FIRST Bank Territory Manager Salary 1 - 13 years exp. (72 salaries)	₹4 L/yr - ₹13 L/yr 7% more	2 job openings

Territory Manager salary at Cholamandalam MS General Insurance ranges between ₹6.5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 11 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Territory Manager salaries in Hyderabad / Secunderabad

Last Updated: 19 Jul 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8.5 L/yr
12 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
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13 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹14.2 L/yr
14 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹14.7 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Relationship Manager Salary

(6 salaries)

₹3.15 L/yr - ₹4.5 L/yr

Area Sales Manager Salary

(5 salaries)

₹7 L/yr - ₹11.5 L/yr

Area Manager Salary

(5 salaries)

₹5.71 L/yr - ₹10.37 L/yr

Sales Manager Salary

(4 salaries)

₹3.2 L/yr - ₹5 L/yr

Salary related reviews for Cholamandalam MS General Insurance

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

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

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

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Cholamandalam MS General Insurance Territory Manager Salary FAQs

What is the salary of Territory Manager at Cholamandalam MS General Insurance Hyderabad / Secunderabad?

Territory Manager salary at Cholamandalam MS General Insurance in Hyderabad / Secunderabad ranges between ₹6.5 Lakhs to ₹8.5 Lakhs for experience between 11 years to 14 years. According to our estimates it is 3% more than the average Territory Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam MS General Insurance Hyderabad / Secunderabad.

How does the salary of a Territory Manager at Cholamandalam MS General Insurance Hyderabad / Secunderabad compare with the average salary range for this job?

The average salary of a Territory Manager at Cholamandalam MS General Insurance is 3% more than the average salary of a Territory Manager in Hyderabad / Secunderabad. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam MS General Insurance to a Territory Manager in Hyderabad / Secunderabad?

ICICI Lombard General Insurance Company Territory Manager Salary - ₹6.7 Lakhs to ₹10.0 Lakhs per year
IDFC FIRST Bank Territory Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year

What is the salary of a Territory Manager in companies similar to Cholamandalam MS General Insurance in Hyderabad / Secunderabad?

Bajaj Allianz Life Insurance Territory Manager Salary - ₹5.5 Lakhs to ₹10.0 Lakhs per year
Royal Sundaram General Insurance Territory Manager Salary - ₹5.0 Lakhs to ₹5.5 Lakhs per year
Bajaj Allianz General Insurance Territory Manager Salary - ₹4.5 Lakhs to ₹5.9 Lakhs per year

What is the estimated take home salary of a Territory Manager at Cholamandalam MS General Insurance in Hyderabad / Secunderabad?

The estimated take-home salary of a Territory Manager at Cholamandalam MS General Insurance ranges between ₹58,282 per month to ₹59,750 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Territory Manager salary in India which ranges between ₹6.5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 11 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Territory Manager at Cholamandalam MS General Insurance in Hyderabad / Secunderabad?

According to AmbitionBox, 100% of the Cholamandalam MS General Insurance Territory Managers in Hyderabad / Secunderabad reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Territory Manager Salaries in Hyderabad / Secunderabad

Cholamandalam MS General Insurance Territory Manager salary in Hyderabad / Secunderabad ranges between ₹6.5 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

Cholamandalam MS General Insurance Territory Manager salaries in Hyderabad / Secunderabad

Companies similar to Cholamandalam MS General Insurance for Territory Manager in Hyderabad / Secunderabad

Latest annual salaries shared by Cholamandalam MS General Insurance Territory Manager in Hyderabad / Secunderabad

Experience wise Cholamandalam MS General Insurance Territory Manager salaries in Hyderabad / Secunderabad

Similar Designation salaries in Cholamandalam MS General Insurance

Salary related reviews for Cholamandalam MS General Insurance

Territory Manager in Khammam

Area Manager in Bikaner

Sales Manager in New Delhi

Deputy Manager in Chennai

Agency Manager in Ahmednagar

Cholamandalam MS General Insurance Territory Manager Salary FAQs

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