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Cholamandalam MS General Insurance

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3.8

based on 2k Reviews

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Cholamandalam MS General Insurance Territory Manager salaries in Vijayawada

Annual salary range
11 - 15 years exp.
₹6 Lakhs - ₹10.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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8% less than the average Territory Manager Salary in Insurance Companies for 11 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Territory Manager Salary
12 - 13 years exp. (AmbitionBox Estimate)
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₹7.5 L/yr - ₹9.6 L/yr

Sales & Business Development
Territory Manager Salary
14 - 15 years exp. (AmbitionBox Estimate)
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₹8.4 L/yr - ₹10.5 L/yr

Marketing & Communication
Territory Manager Salary
11 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹7.2 L/yr

Last Updated: 22 Nov 2023

Companies similar to Cholamandalam MS General Insurance for Territory Manager in Vijayawada

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Cholamandalam MS General Insurance Territory Manager Salary

11 - 15 years exp. (5 salaries)
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₹6 L/yr - ₹10.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Star Union Dai-ichi Life Insurance Territory Manager Salary

6 - 10 years exp. (3 salaries)
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₹7 L/yr - ₹7.5 L/yr

arrow icon 12% less
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Mahindra Rural Housing Finance Territory Manager Salary

10 - 13 years exp. (6 salaries)
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₹5.8 L/yr - ₹12.5 L/yr

arrow icon 12% more
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USHA International Territory Manager Salary

6 - 11 years exp. (6 salaries)
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₹4.1 L/yr - ₹6.3 L/yr

arrow icon 29% less
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Sanofi Territory Manager Salary

10 - 14 years exp. (5 salaries)
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₹5.5 L/yr - ₹9 L/yr

arrow icon 5% less
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GSP Crop Science Territory Manager Salary

3 - 9 years exp. (5 salaries)
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₹5 L/yr - ₹6.2 L/yr

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Territory Manager salary at Cholamandalam MS General Insurance ranges between ₹6 Lakhs to ₹10.5 Lakhs per year for employees with experience between 11 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam MS General Insurance.

Latest annual salaries shared by Cholamandalam MS General Insurance Territory Manager in Vijayawada

1y ago
₹6 Lakhs
11 years exp.

Experience wise Cholamandalam MS General Insurance Territory Manager salaries in Vijayawada

Last Updated: 22 Nov 2023

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.9 L/yr
12 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹9.1 L/yr
13 years (AmbitionBox Estimate)

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₹7.3 L/yr - ₹9.4 L/yr
14 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹9.6 L/yr
15+ years (AmbitionBox Estimate)

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₹7.7 L/yr - ₹9.8 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Team Lead Salary
(3 salaries)
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₹4.1 L/yr - ₹9.5 L/yr

Salary related reviews for Cholamandalam MS General Insurance

4.2

Rated by 2 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.

read more
  • 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.

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

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

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.

read more

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.

read more
  • Salary - Poor
    • +3 more
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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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·
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?
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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 Vijayawada?
The average salary of a Territory Manager at Cholamandalam MS General Insurance in Vijayawada typically ranges from ₹6.0 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 11 years to 15 years).

The top 10% of Territory Manager in Vijayawada at Cholamandalam MS General Insurance earn more than ₹10.5 Lakhs per year, and the top 1% earn over ₹10.5 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 5 Cholamandalam MS General Insurance employees in India.
What is the estimated take home salary of a Territory Manager at Cholamandalam MS General Insurance in Vijayawada?
The estimated take-home salary of a Territory Manager at Cholamandalam MS General Insurance in Vijayawada typically ranges from ₹59,200 to ₹60,694 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 11 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 5 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?
Mahindra Rural Housing Finance ₹5.8 Lakhs to ₹12.5 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 Vijayawada?
The salary of a Territory Manager at companies similar to Cholamandalam MS General Insurance in Vijayawada varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sanofi ₹5.5 Lakhs to ₹9.0 Lakhs per year
Star Union Dai-ichi Life Insurance ₹7.0 Lakhs to ₹7.5 Lakhs per year
GSP Crop Science ₹5.0 Lakhs to ₹6.2 Lakhs per year
USHA International ₹4.1 Lakhs to ₹6.3 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 Vijayawada?
The salary growth for a Territory Manager at Cholamandalam MS General Insurance in Vijayawada depends on factors such as experience, performance, and promotions. On average, a Territory Manager in Vijayawada can expect the following growth trajectory at Cholamandalam MS General Insurance:

Experience Average Salary Range
11 years ₹6.9 Lakhs to ₹8.9 Lakhs per year
12 years ₹7.1 Lakhs to ₹9.1 Lakhs per year
13 years ₹7.3 Lakhs to ₹9.4 Lakhs per year
14 years ₹7.5 Lakhs to ₹9.6 Lakhs per year
and so on.

Tell us how to improve this page.

Cholamandalam MS General Insurance Territory Manager salary in Vijayawada ranges between ₹6 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.