Cholamandalam MS Risk Services Deputy Manager Salaries by 40+ Employees (Updated 2025)

2 - 12 years exp.

₹5.6 Lakhs - ₹12.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Deputy Manager Salary in Management Consulting Companies for 2 - 12 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Environment Health & Safety Deputy Manager Salary 2 - 10 years exp. (10 salaries)	₹6 L/yr - ₹12 L/yr
Project & Program Management Deputy Manager Salary 4 - 12 years exp. (7 salaries)	₹5.6 L/yr - ₹10.5 L/yr
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Production, Manufacturing & Engineering Deputy Manager Salary 2 - 7 years exp. (4 salaries)	₹9.4 L/yr - ₹12 L/yr
Human Resources Deputy Manager Salary 9 - 12 years exp. (3 salaries)	₹8.5 L/yr - ₹12 L/yr
Marketing & Communication Deputy Manager Salary 3 - 5 years exp. (3 salaries)	₹7 L/yr - ₹10.9 L/yr

View all

Last Updated: 6 Apr 2025

Companies similar to Cholamandalam MS Risk Services for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
Hero Corporate Services Deputy Manager Salary 7 - 20 years exp. (6 salaries)	₹7 L/yr - ₹12.5 L/yr 7% more
UJA Global Advisory Private Limited Deputy Manager Salary 3 - 4 years exp. (4 salaries)	₹5.4 L/yr - ₹8.5 L/yr 29% less
Login to view exact salary
Nabard Consultancy Services Deputy Manager Salary 1 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹4 L/yr 66% less
Oliver Wyman Deputy Manager Salary 4 years exp. (3 salaries)	₹2 Cr/yr - ₹2.2 Cr/yr 2030% more
ICICI Bank Deputy Manager Salary 0 - 15 years exp. (15.5k salaries)	₹2 L/yr - ₹11 L/yr 34% less

Deputy Manager salary at Cholamandalam MS Risk Services ranges between ₹5.6 Lakhs to ₹12.5 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 49 latest salaries received from various employees of Cholamandalam MS Risk Services.

Latest annual salaries shared by Cholamandalam MS Risk Services Deputy Manager

1d ago

₹7.8 Lakhs

6 years exp.

4d ago

₹12 Lakhs

12 years exp.

2mo ago

₹11 Lakhs

4 years exp.

3mo ago

₹6 Lakhs

2 years exp.

3mo ago

₹12 Lakhs

11 years exp.

6mo ago

7 years exp.

8mo ago

3 years exp.

8mo ago

5 years exp.

1y ago

12 years exp.

1y ago

4 years exp.

Experience wise Cholamandalam MS Risk Services Deputy Manager salaries

Last Updated: 6 Apr 2025

Experience	Avg Annual Salary
2 years (7 salaries)	₹6 L/yr - ₹10 L/yr
3 years (5 salaries)	₹7 L/yr - ₹15.8 L/yr
Login to view exact salary
4 years (7 salaries)	₹5.6 L/yr - ₹11 L/yr
5 years (4 salaries)	₹6 L/yr - ₹10.1 L/yr
6 years (5 salaries)	₹6.5 L/yr - ₹17.3 L/yr
7 years (3 salaries)	₹9.4 L/yr - ₹12 L/yr
8 years (5 salaries)	₹7 L/yr - ₹18.2 L/yr
9 years (4 salaries)	₹7 L/yr - ₹11.5 L/yr
10 years (4 salaries)	₹7 L/yr - ₹12.5 L/yr
11 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.6 L/yr
12 years (3 salaries)	₹9.9 L/yr - ₹12 L/yr

View all

Similar Designation salaries in Cholamandalam MS Risk Services

Team Manager Salary

(3 salaries)

₹8 L/yr - ₹18 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Deputy Manager Grade 2 Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Team Lead Salary

(4 salaries)

₹2.95 L/yr - ₹3.36 L/yr

Operations Executive Salary

(3 salaries)

₹1.8 L/yr - ₹4.5 L/yr

Business Development Manager Salary

(3 salaries)

₹9.6 L/yr - ₹17 L/yr

Top skills at Cholamandalam MS Risk Services for Deputy Manager

Analytical Chemistry Chemical Engineering Consulting Industrial Safety Safety Audit Verbal Communication Mechanical Engineering HAZOP sound Agile Coaching Petroleum Industrial Safety Power System IEEE Troubleshooting

Salary related reviews for Cholamandalam MS Risk Services

3.8

Rated by 8 employees for salary & benefits

Field Executive in Chennai

Full Time

Marketing & Communication Department

3.0

• posted on 22 Jul 2024

3.0

for Salary and Benefits

Likes

Cholamandalam pays salary time to time And even after leaving the job, whatever money you earn in this company, all that money will be transferred to your account.

Skill development - Good

+1 more

Dislikes

The way of getting the work done by the seniors of Chola Mandalam is not right

Associate Relationship Manager in Chennai

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 28 Aug 2023

3.0

for Salary and Benefits

Likes

Good to work and development my skills in the company Nice to meet more people all are friendly feel We can learn Excel,mail handling,pivot, formally Food and snacks are awesome to have all are unlimited

Job security - Excellent

+1 more

Dislikes

...We have to work all the days even in government holiday Over pressure to handle Salary is too low to work When we ask for leave for a day they don't give they ask to come to office Every time we have to work Month end we have to work till 9am to 9 pm Month end start on 27 to 1 of next month Not leave for 2 week on month end

Promotions - Bad

+1 more

Safety Manager in Chennai

Full Time

Environment Health & Safety Department

1.0

• posted on 17 Oct 2023

2.0

for Salary and Benefits

Likes

Salary is good comparing with other indian companies

Dislikes

You will have to do all works of the project from physical works like lifting load even if you have been recruited as a manager. You cant be with family, company will not support. Bad transport arrangements from accommodation to project. There is not even allowance for transportation.

Salary - Poor

+6 more

Electrical Safety Specialist in Chennai

Full Time

Environment Health & Safety Department

2.0

• posted on 02 Feb 2023

1.0

for Salary and Benefits

Likes

We will get salary on time

Dislikes

Culture followed is not good and no job security. Especially Gujarat site very worst management poor accommodation and vechile arrangements are very poor. Manager is very worst behaviour.

Salary - Bad

+6 more

Assitant Manager - Process Safety in Chennai

Finance & Accounting Department

2.0

• posted on 30 Nov 2021

1.0

for Salary and Benefits

Likes

Teammates are supportive, you get to learn a lot

Skill development - Good

Dislikes

There’s no work life balance, one is supposed to work over the weekend as well with no compensation. And 9 hours per day isn’t enough for the superiors, they expect 12-14 hours.

Salary - Bad

+3 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Risk Services Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Cholamandalam MS Risk Services ?

The average salary of a Deputy Manager at Cholamandalam MS Risk Services in India typically ranges from ₹5.6 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 2 years to 12 years).

The top 10% of Deputy Manager at Cholamandalam MS Risk Services earn more than ₹11.8 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Deputy Manager Salaries at Cholamandalam MS Risk Services 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 40+ Cholamandalam MS Risk Services employees in India.

What is the estimated take home salary of a Deputy Manager at Cholamandalam MS Risk Services in India?

The estimated take-home salary of a Deputy Manager at Cholamandalam MS Risk Services in India typically ranges from ₹71,237 to ₹73,071 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 2 years to 12 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 40+ salaries received from various employees of Cholamandalam MS Risk Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Deputy Manager at Cholamandalam MS Risk Services ?

To be a Deputy Manager at Cholamandalam MS Risk Services in india, the key skills required include:

- Analytical Chemistry
- Chemical Engineering
- Consulting
- Industrial Safety
- Safety Audit

These skills are highly valued at Cholamandalam MS Risk Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Cholamandalam MS Risk Services for Deputy Manager in India?

Oliver Wyman	₹199.5 Lakhs to ₹220.5 Lakhs per year
Hero Corporate Services	₹7.0 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 Risk Services, depending on the role and experience level.

What is the salary of a Deputy Manager in companies similar to Cholamandalam MS Risk Services in India?

The salary of a Deputy Manager at companies similar to Cholamandalam MS Risk Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

UJA Global Advisory Private Limited	₹5.4 Lakhs to ₹8.5 Lakhs per year
ICICI Bank	₹2.0 Lakhs to ₹11.0 Lakhs per year
Nabard Consultancy Services	₹2.5 Lakhs to ₹4.0 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 Deputy Manager at Cholamandalam MS Risk Services in India?

The salary growth for a Deputy Manager at Cholamandalam MS Risk Services depends on factors such as experience, performance, and promotions. On average, a Deputy Manager can expect the following growth trajectory at Cholamandalam MS Risk Services:

Experience	Average Salary Range
2 years	₹6.0 Lakhs to ₹10.0 Lakhs per year
3 years	₹7.0 Lakhs to ₹15.8 Lakhs per year
4 years	₹5.6 Lakhs to ₹11.0 Lakhs per year
5 years	₹6.0 Lakhs to ₹10.1 Lakhs per year

and so on.

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Cholamandalam MS Risk Services Deputy Manager Salaries

Cholamandalam MS Risk Services Deputy Manager salary in India ranges between ₹5.6 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 49 Cholamandalam MS Risk Services latest salaries received from various employees of Cholamandalam MS Risk Services.