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Cholamandalam Investment & Finance Application Support Engineer salaries in India (Updated 2025)

Annual salary range
1 - 3 years exp.
₹3.2 Lakhs - ₹4.1 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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31% less than the average Application Support Engineer Salary in Financial Services Companies for 1 - 3 years of experience

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Salaries in different departments

Engineering - Software & QA
Application Support Engineer Salary
1 - 3 years exp. (3 salaries)
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₹3.2 L/yr - ₹3.5 L/yr

IT & Information Security
Application Support Engineer Salary
3 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.5 L/yr

Last Updated: 17 Feb 2025

Companies similar to Cholamandalam Investment & Finance for Application Support Engineer

Company name Avg Annual Salary Open Jobs
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₹9.4 L/yr - ₹28.5 L/yr

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Wells Fargo Application Support Engineer Salary

1 - 10 years exp. (46 salaries)

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₹3 L/yr - ₹15.3 L/yr

arrow icon 146% more
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₹4.2 L/yr - ₹14 L/yr

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1 job opening
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Citicorp Application Support Engineer Salary

3 - 13 years exp. (29 salaries)

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₹10 L/yr - ₹23.5 L/yr

arrow icon 397% more
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₹2 L/yr - ₹4.2 L/yr

arrow icon 8% less
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₹5.7 L/yr - ₹20 L/yr

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UBS Application Support Engineer Salary

8 - 12 years exp. (14 salaries)

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₹7.5 L/yr - ₹24.7 L/yr

arrow icon 418% more
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₹1.6 L/yr - ₹4.6 L/yr

arrow icon 25% less
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BNY Application Support Engineer Salary

2 - 9 years exp. (8 salaries)

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₹4 L/yr - ₹13 L/yr

arrow icon 178% more
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₹5.8 L/yr - ₹16 L/yr

arrow icon 235% more
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₹4.2 L/yr - ₹17.5 L/yr

arrow icon 198% more
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₹3 L/yr - ₹4 L/yr

arrow icon 7% less
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₹6.3 L/yr - ₹14 L/yr

arrow icon 187% more
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₹2 L/yr - ₹3.2 L/yr

arrow icon 27% less
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₹3.8 L/yr - ₹5 L/yr

arrow icon 27% more
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₹1 L/yr - ₹4.8 L/yr

arrow icon 22% less
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₹2.8 L/yr - ₹14.2 L/yr

arrow icon 132% more
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₹4.5 L/yr - ₹30 L/yr

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FactSet Application Support Engineer Salary

4 - 6 years exp. (3 salaries)

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₹6.3 L/yr - ₹10 L/yr

arrow icon 130% more
Application Support Engineer salary at Cholamandalam Investment & Finance ranges between ₹3.2 Lakhs to ₹4.1 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Investment & Finance.

Latest annual salaries shared by Cholamandalam Investment & Finance Application Support Engineer

2d ago
₹3.2 Lakhs
3 years exp.
5mo ago
₹4.1 Lakhs
3 years exp.
6mo ago
₹3.5 Lakhs
1 year exp.
1y ago
₹3.2 Lakhs
1 year exp.

Experience wise Cholamandalam Investment & Finance Application Support Engineer salaries

Last Updated: 17 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
2 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr

Similar Designation salaries in Cholamandalam Investment & Finance

IT Manager Salary
(21 salaries)
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₹9.5 L/yr - ₹19.2 L/yr
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₹2.5 L/yr - ₹6 L/yr
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₹6.5 L/yr - ₹11.9 L/yr
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₹2 L/yr - ₹3.4 L/yr
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₹2.45 L/yr - ₹4 L/yr
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₹2.8 L/yr - ₹5.26 L/yr
IT Officer Salary
(7 salaries)
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₹2.85 L/yr - ₹3.2 L/yr
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₹20.2 L/yr - ₹33 L/yr
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₹2.5 L/yr - ₹12 L/yr
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₹1.6 L/yr - ₹4 L/yr

Salary related reviews for Cholamandalam Investment & Finance

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 02 Apr 2025

1.0
 for  Salary and Benefits

Likes

GOOD SOP

Dislikes

...o take credits but not helping juniors. Emi funding is very bad at this company. You have to pay if customer is not paying and no one cares if you pay and that not recovered

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 19 Feb 2025

4.0
 for  Salary and Benefits

Likes

On time salary, every year salary increment, bonus, good working environment at local branchs.

read more
  • Salary - Good
  • +3 more

Dislikes

Work life balance, something huge pressure, force to work on holiday and Sunday. Working time, as per work salary justification

read more
  • Company culture - Poor
  • +1 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 30 Jan 2025

4.0
 for  Salary and Benefits

Likes

Not much but salary comparison is little high than industry

  • Salary - Good
  • +1 more

Dislikes

It should improve employee welfare calture no weekly off no leave, if on leave have to attend con call . Worst culture of any time con call. Early morning 6 o clock late evening after 8 o clock con call No personal life, working on weekends and even on Sunday. Public holidays are in calendar only . No festival leave Lots of parameters which are useless . Penetration of separation is high. Apologise to write with personal experience

read more
  • Work satisfaction - Poor
  • +2 more

Full Time

 · 

Legal & Regulatory Department

4.0
  •  posted on 04 Jan 2025

5.0
 for  Salary and Benefits

Likes

Company compensation is good and appraisal are excellent. You get freedom to do whatever you want to until you are justifying the companies interest.

read more
  • Salary - Excellent
  • +4 more

Dislikes

Just some people don't know how to collaborate with people, they are just interested in playing dirty politics to show Management how better are they from other people. Senior people get easily influenced by others and make their opinion about sincere peoples.

read more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 06 Nov 2024

3.0
 for  Salary and Benefits

Likes

Salary get credited on time. Moreover, the increment process is done by one's yearly performance.

read more
  • Skill development - Good
  • +1 more

Dislikes

No time for home, we have to have to work like cow. We come to office at 9:00 am and no time to return home. Abusing words by seniors. Even if we take leave we are being called and asked to do complete the task. Lots of uneducated/unskilled person getting a big sum of money.

read more
  • Promotions - Poor
  • +3 more
see more salary related reviews

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Cholamandalam Investment & Finance Application Support Engineer Salary FAQs

What is the salary of Application Support Engineer at Cholamandalam Investment & Finance ?
The average salary of a Application Support Engineer at Cholamandalam Investment & Finance in India typically ranges from ₹3.2 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Application Support Engineer at Cholamandalam Investment & Finance earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Application Support Engineer Salaries at Cholamandalam Investment & Finance 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 Investment & Finance employees in India.
What is the estimated take home salary of a Application Support Engineer at Cholamandalam Investment & Finance in India?
The estimated take-home salary of a Application Support Engineer at Cholamandalam Investment & Finance in India typically ranges from ₹25,440 to ₹26,872 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 1 year to 3 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 Investment & Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Cholamandalam Investment & Finance for Application Support Engineer in India?
JPMorgan Chase & Co. ₹9.4 Lakhs to ₹28.5 Lakhs per year
UBS ₹7.5 Lakhs to ₹24.7 Lakhs per year
Citicorp ₹10.0 Lakhs to ₹23.5 Lakhs per year
Marsh McLennan ₹4.5 Lakhs to ₹30.0 Lakhs per year
Morgan Stanley ₹5.7 Lakhs to ₹20.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Cholamandalam Investment & Finance, depending on the role and experience level.
What is the salary of a Application Support Engineer in companies similar to Cholamandalam Investment & Finance in India?
The salary of a Application Support Engineer at companies similar to Cholamandalam Investment & Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

State Street Corporation ₹5.8 Lakhs to ₹16.0 Lakhs per year
American Express ₹4.2 Lakhs to ₹17.5 Lakhs per year
Fidelity Investments ₹6.3 Lakhs to ₹14.0 Lakhs per year
BNY ₹4.0 Lakhs to ₹13.0 Lakhs per year
Wells Fargo ₹3.0 Lakhs to ₹15.3 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 Application Support Engineer at Cholamandalam Investment & Finance in India?
The salary growth for a Application Support Engineer at Cholamandalam Investment & Finance depends on factors such as experience, performance, and promotions. On average, a Application Support Engineer can expect the following growth trajectory at Cholamandalam Investment & Finance:

Experience Average Salary Range
1 year ₹3.0 Lakhs to ₹3.8 Lakhs per year
2 years ₹3.1 Lakhs to ₹4.0 Lakhs per year
3 years ₹3.3 Lakhs to ₹4.2 Lakhs per year
and so on.

Tell us how to improve this page.

Cholamandalam Investment & Finance Application Support Engineer salary in India ranges between ₹3.2 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.