Cholamandalam MS General Insurance Mysuru / Mysore Territory Manager Salaries by 4 Employees

14 - 15 years exp.

₹7.5 Lakhs - ₹9 Lakhs

Avg. annual salary

Monthly In-hand Salary

17% more than the average Territory Manager Salary in Insurance Companies for 14 - 15 years of experience

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Last Updated: 17 Jun 2023

Companies similar to Cholamandalam MS General Insurance for Territory Manager in Mysuru / Mysore

Cholamandalam MS General Insurance Territory Manager Salary

14 - 15 years exp. (4 salaries)

₹7.5 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Territory Manager Salary 10 - 12 years exp. (4 salaries)	₹5.5 L/yr - ₹8.2 L/yr 5% less	2 job openings
HDFC Sales Territory Manager Salary 10 - 14 years exp. (3 salaries)	₹11 L/yr - ₹12.3 L/yr 52% more	1 job opening
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TVS Credit Territory Manager Salary 10 - 11 years exp. (3 salaries)	₹5.4 L/yr - ₹7 L/yr 27% less
Kotak Mahindra Bank Territory Manager Salary 8 - 12 years exp. (3 salaries)	₹7.5 L/yr - ₹14 L/yr 31% more
Nippon Life India Asset Management Territory Manager Salary 4 - 7 years exp. (3 salaries)	₹4.1 L/yr - ₹4.5 L/yr 47% less	4 job openings

Territory Manager salary at Cholamandalam MS General Insurance ranges between ₹7.5 Lakhs to ₹9 Lakhs per year for employees with experience between 14 years to 15 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 Mysuru / Mysore

Last Updated: 17 Jun 2023

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
Login to view exact salary
15+ years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Branch Manager Salary

(3 salaries)

₹4.2 L/yr - ₹8.82 L/yr

Salary related reviews for Cholamandalam MS General Insurance

1.0

Rated by 1 employees for salary & benefits

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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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Cholamandalam MS General Insurance Territory Manager Salary FAQs

What is the salary of Territory Manager at Cholamandalam MS General Insurance in Mysuru / Mysore?

The average salary of a Territory Manager at Cholamandalam MS General Insurance in Mysuru / Mysore typically ranges from ₹7.5 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 14 years to 15 years).

The top 10% of Territory Manager in Mysuru / Mysore at Cholamandalam MS General Insurance earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Territory 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 4 Cholamandalam MS General Insurance employees in India.

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

The estimated take-home salary of a Territory Manager at Cholamandalam MS General Insurance in Mysuru / Mysore typically ranges from ₹59,233 to ₹60,728 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 14 years to 15 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 4 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 Territory Manager in India?

HDFC Sales	₹11.0 Lakhs to ₹12.3 Lakhs per year
Kotak Mahindra Bank	₹7.5 Lakhs to ₹14.0 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 Territory Manager in companies similar to Cholamandalam MS General Insurance in Mysuru / Mysore?

The salary of a Territory Manager at companies similar to Cholamandalam MS General Insurance in Mysuru / Mysore varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IIFL Finance	₹5.5 Lakhs to ₹8.2 Lakhs per year
TVS Credit	₹5.4 Lakhs to ₹7.0 Lakhs per year
Nippon Life India Asset Management	₹4.1 Lakhs to ₹4.5 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 Territory Manager at Cholamandalam MS General Insurance in Mysuru / Mysore?

The salary growth for a Territory Manager at Cholamandalam MS General Insurance in Mysuru / Mysore depends on factors such as experience, performance, and promotions. On average, a Territory Manager in Mysuru / Mysore can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience	Average Salary Range
14 years	₹7.5 Lakhs to ₹9.6 Lakhs per year
15 years	₹7.7 Lakhs to ₹9.8 Lakhs per year

and so on.

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Cholamandalam MS General Insurance Territory Manager Salaries in Mysuru / Mysore

Cholamandalam MS General Insurance Territory Manager salary in Mysuru / Mysore ranges between ₹7.5 Lakhs to ₹9 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 Mysuru / Mysore

Companies similar to Cholamandalam MS General Insurance for Territory Manager in Mysuru / Mysore

Latest annual salaries shared by Cholamandalam MS General Insurance Territory Manager in Mysuru / Mysore

Experience wise Cholamandalam MS General Insurance Territory Manager salaries in Mysuru / Mysore

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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