Cholamandalam Investment & Finance Area Business Manager Salaries by 200+ Employees (Updated 2025)

6 - 17 years exp.

₹5.7 Lakhs - ₹18.5 Lakhs

Salary of majority employees

Fixed (85%)

₹10.1 Lakhs

Variable (15%)

₹1.7 Lakh

29% more than the average Area Business Manager Salary in Financial Services Companies for 6 - 17 years of experience

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Salaries in different departments

Sales & Business Development Area Business Manager Salary 6 - 17 years exp. (111 salaries)	₹7.5 L/yr - ₹18.5 L/yr
BFSI, Investments & Trading Area Business Manager Salary 6 - 17 years exp. (72 salaries)	₹5.7 L/yr - ₹16.4 L/yr
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Finance & Accounting Area Business Manager Salary 6 - 17 years exp. (25 salaries)	₹8 L/yr - ₹15 L/yr
Marketing & Communication Area Business Manager Salary 8 - 15 years exp. (10 salaries)	₹10.5 L/yr - ₹16.4 L/yr

Last Updated: 28 Feb 2025

Companies similar to Cholamandalam Investment & Finance for Area Business Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Area Business Manager Salary 3 - 15 years exp. (5 salaries)	₹10 L/yr - ₹12.7 L/yr At par
HDFC Bank Area Business Manager Salary 2 - 17 years exp. (10 salaries)	₹3.8 L/yr - ₹9 L/yr 45% less
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ICICI Bank Area Business Manager Salary 8 - 12 years exp. (6 salaries)	₹6.5 L/yr - ₹9.6 L/yr 34% less
Kotak Mahindra Bank Area Business Manager Salary 8 - 19 years exp. (144 salaries)	₹8 L/yr - ₹31 L/yr 47% more
Mahindra Finance Area Business Manager Salary 5 - 18 years exp. (396 salaries)	₹3.8 L/yr - ₹15 L/yr 27% less
Tata Capital Area Business Manager Salary 6 - 17 years exp. (4 salaries)	₹12 L/yr - ₹24.7 L/yr 62% more
L&T Finance Area Business Manager Salary 4 - 14 years exp. (10 salaries)	₹9.6 L/yr - ₹19 L/yr 20% more
IndusInd Bank Area Business Manager Salary 8 - 25 years exp. (4 salaries)	₹9.2 L/yr - ₹13.5 L/yr 3% less
Bajaj Finserv Area Business Manager Salary 2 - 14 years exp. (7 salaries)	₹7.5 L/yr - ₹12 L/yr 23% less
Shriram Finance Area Business Manager Salary 3 - 12 years exp. (7 salaries)	₹2.6 L/yr - ₹6 L/yr 65% less
IDFC FIRST Bharat Area Business Manager Salary 0 - 12 years exp. (5 salaries)	₹2.4 L/yr - ₹7.5 L/yr 67% less
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Area Business Manager salary at Cholamandalam Investment & Finance ranges between ₹5.7 Lakhs to ₹18.5 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 256 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Area Business Manager salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
6 years (4 salaries)	₹5.7 L/yr - ₹13 L/yr
7 years (7 salaries)	₹6.3 L/yr - ₹12 L/yr
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8 years (18 salaries)	₹8 L/yr - ₹14 L/yr
9 years (21 salaries)	₹7.1 L/yr - ₹15 L/yr
10 years (34 salaries)	₹6.9 L/yr - ₹16.3 L/yr
11 years (36 salaries)	₹6.9 L/yr - ₹18 L/yr
12 years (30 salaries)	₹7.5 L/yr - ₹18.5 L/yr
13 years (29 salaries)	₹9.4 L/yr - ₹16 L/yr
14 years (26 salaries)	₹8.4 L/yr - ₹16.6 L/yr
15+ years (51 salaries)	₹7.6 L/yr - ₹17.8 L/yr

View all

From

Area Business Manager

6 - 17 years exp.

Regional Sales Manager

₹

Lakhs/yr

11 - 23 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Cholamandalam Investment & Finance

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Area Sales Manager Salary

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Area Manager Salary

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Branch Manager Salary

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₹3.5 L/yr - ₹10.5 L/yr

Cluster Manager Salary

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Sales Manager Salary

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Regional Manager Salary

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Senior Sales Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Deputy Manager Salary

(173 salaries)

₹1.98 L/yr - ₹9.56 L/yr

Territory Manager Salary

(4 salaries)

₹2.4 L/yr - ₹4.5 L/yr

Top skills at Cholamandalam Investment & Finance for Area Business Manager

Revenue Generation Market Research Auto Loans Collections Team Management Business Generation Sales Management Vehicle Finance New Business Sales Target Marketing Commercial Vehicle Loans Collections Team Handling Car Loan

Salary related reviews for Cholamandalam Investment & Finance

3.7

Rated by 81 employees for salary & benefits

Team Lead in Kolkata

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.

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

Company culture - Poor

+1 more

Relationship Manager in Ranchi

Full Time

Finance & Accounting Department

1.0

• posted on 01 Oct 2024

1.0

for Salary and Benefits

Likes

There is literally nothing to like about Cholamandalam Investment & Finance.

Dislikes

...They'll just force you everytime for no reason, company is full of backstabbers. Not even paid my Bonus Amount for this financial year, after mailing me the details with entire amount, they kept the money.

Salary - Bad

+6 more

Senior Sales Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Mar 2024

1.0

for Salary and Benefits

Likes

Only I like in this company is timely incentive and salary .

Dislikes

Work environment worst , full pressure to sell other products if your background is from loan and they will pressurise you to do collection and sell motor insurance, concall from higher level is very terrible 5-6 con call in a day , bosses doesn't support junior level employees always pressurise them no job time they will tell you should work from 9 am in the morning and no time till night . Very bad company.

Salary - Bad

+6 more

Area Sales Manager in Patna

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Jul 2023

3.0

for Salary and Benefits

Likes

Not Very Good But Satisfactory Salary Compensation

Dislikes

No holidays, You have to work all 7 days a week but as per HR attendance system they mark your attendance 5 days rest 2 days (Saturday & Sunday) are weekly off. Working hours starts early morning from 6 am and there is no fixed time to return back to home. Apart from these if you are in recovery department and if your targets were getting short then you will be forced by seniors to get it achieved through you salary.like this there are many more things which are wrong in this organisation specially in Bihar & Jharkhand.

Skill development - Bad

+4 more

Area Sales Manager in Patna

Full Time

Finance & Accounting Department

2.0

• posted on 06 Sep 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Salary - Good

Dislikes

Working 7 days a week No holiday Self funding for reducing NPA Senior talking in abusing language Down the line they treat as slave and people working here for Pvt Gift volunteer and incentive

Skill development - Bad

+5 more

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What people are saying about Cholamandalam Investment & Finance

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a head branch credit ops

Career Suggestions.

I am a Credit Officer working in a NBFC Company since last 5 years. In the last 5 years of my period I have gathered lots of experience in the field of Finance. But the biggest concern is though I gathered a lot of experience my CTC is 3.0 LPA. Though I got the opportunity to swap my company. I am confused about what I do. Please advise?

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Cholamandalam Investment & Finance Area Business Manager Salary FAQs

What is the salary of Area Business Manager at Cholamandalam Investment & Finance?

Area Business Manager salary at Cholamandalam Investment & Finance in India ranges between ₹5.7 Lakhs to ₹18.5 Lakhs for experience between 6 years to 17 years. According to our estimates it is 29% more than the average Area Business Manager Salary in India. Salary estimates are based on 256 latest salaries received from various employees of Cholamandalam Investment & Finance India.

How does the salary of a Area Business Manager at Cholamandalam Investment & Finance India compare with the average salary range for this job?

The average salary of a Area Business Manager at Cholamandalam Investment & Finance is 29% more than the average salary of a Area Business Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Area Business Manager at Cholamandalam Investment & Finance?

Revenue Generation, Market Research, Auto Loans, Collections and Team Management are some of the popular skills required to work as a Area Business Manager at Cholamandalam Investment & Finance India.

Which similar companies are paying more than Cholamandalam Investment & Finance to a Area Business Manager in India?

Tata Capital Area Business Manager Salary - ₹12.0 Lakhs to ₹24.7 Lakhs per year
Kotak Mahindra Bank Area Business Manager Salary - ₹8.0 Lakhs to ₹31.0 Lakhs per year
L&T Finance Area Business Manager Salary - ₹9.6 Lakhs to ₹19.0 Lakhs per year

What is the salary of a Area Business Manager in companies similar to Cholamandalam Investment & Finance in India?

Bajaj Finance Area Business Manager Salary - ₹10.0 Lakhs to ₹12.7 Lakhs per year
IndusInd Bank Area Business Manager Salary - ₹9.2 Lakhs to ₹13.5 Lakhs per year
Bajaj Finserv Area Business Manager Salary - ₹7.5 Lakhs to ₹12.0 Lakhs per year
Mahindra Finance Area Business Manager Salary - ₹3.8 Lakhs to ₹15.0 Lakhs per year
ICICI Bank Area Business Manager Salary - ₹6.5 Lakhs to ₹9.6 Lakhs per year

What is the estimated take home salary of a Area Business Manager at Cholamandalam Investment & Finance in India?

The estimated take-home salary of a Area Business Manager at Cholamandalam Investment & Finance ranges between ₹84,312 per month to ₹86,517 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Area Business Manager salary in India which ranges between ₹5.7 Lakhs to ₹18.5 Lakhs per year for employees with experience between 6 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Area Business Manager at Cholamandalam Investment & Finance?

According to AmbitionBox, 87% of the Cholamandalam Investment & Finance Area Business Manager s reported a notice period of 3 Months, 6% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 294 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Area Business Manager Salaries

Cholamandalam Investment & Finance Area Business Manager salary in India ranges between ₹5.7 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 256 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

Cholamandalam Investment & Finance Area Business Manager salaries in India (Updated 2025)

Companies similar to Cholamandalam Investment & Finance for Area Business Manager

Latest annual salaries shared by Cholamandalam Investment & Finance Area Business Manager

Experience wise Cholamandalam Investment & Finance Area Business Manager salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Top skills at Cholamandalam Investment & Finance for Area Business Manager

Salary related reviews for Cholamandalam Investment & Finance

Team Lead in Kolkata

Relationship Manager in Ranchi

Senior Sales Officer in Mumbai

Area Sales Manager in Patna

Area Sales Manager in Patna

Cholamandalam Investment & Finance Area Business Manager Salary FAQs

Tell us how to improve this page.

Cholamandalam Investment & Finance Area Business Manager Salaries by Location