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3.9

based on 4.7k Reviews

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

Annual salary range
7 - 20 years exp.
₹4.9 Lakhs - ₹16.8 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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13% more than the average Area Collection Manager Salary in Financial Services Companies for 7 - 20 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

BFSI, Investments & Trading
Area Collection Manager Salary
7 - 19 years exp. (73 salaries)
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₹6 L/yr - ₹16.8 L/yr

Finance & Accounting
Area Collection Manager Salary
7 - 20 years exp. (66 salaries)
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₹4.6 L/yr - ₹15 L/yr

Sales & Business Development
Area Collection Manager Salary
8 - 20 years exp. (14 salaries)
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₹8.5 L/yr - ₹12 L/yr

Risk Management & Compliance
Area Collection Manager Salary
13 - 20 years exp. (11 salaries)
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₹7.8 L/yr - ₹16 L/yr

Last Updated: 2 Apr 2025

Companies similar to Cholamandalam Investment & Finance for Area Collection Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Finserv Area Collection Manager Salary

5 - 14 years exp. (215 salaries)
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₹4.5 L/yr - ₹15 L/yr

arrow icon 7% less
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IDFC FIRST Bharat Area Collection Manager Salary

8 - 22 years exp. (20 salaries)
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₹4.9 L/yr - ₹15.5 L/yr

arrow icon 15% less
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Aditya Birla Capital Area Collection Manager Salary

10 - 19 years exp. (16 salaries)
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₹8.9 L/yr - ₹19.1 L/yr

arrow icon 31% more
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Jana Small Finance Bank Area Collection Manager Salary

2 - 12 years exp. (281 salaries)
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₹1 L/yr - ₹6.1 L/yr

arrow icon 63% less
 1 job opening
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Bajaj Finance Area Collection Manager Salary

5 - 15 years exp. (226 salaries)
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₹5.1 L/yr - ₹18 L/yr

arrow icon 1% more
Area Collection Manager salary at Cholamandalam Investment & Finance ranges between ₹4.9 Lakhs to ₹16.8 Lakhs per year for employees with experience between 7 years to 20 years. Salary estimates are based on 201 latest salaries received from various employees of Cholamandalam Investment & Finance.

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

2d ago
₹6.2 Lakhs
14 years exp.
2d ago
₹11.4 Lakhs
10 years exp.
3d ago
₹7 Lakhs
10 years exp.
6d ago
₹6.5 Lakhs
14 years exp.
1w ago
₹14 Lakhs
19 years exp.
2w ago
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12 years exp.
3w ago
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19 years exp.
3w ago
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10 years exp.
1mo ago
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11 years exp.
1mo ago
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15 years exp.

Experience wise Cholamandalam Investment & Finance Area Collection Manager salaries

Last Updated: 2 Apr 2025

Experience Avg Annual Salary
7 years  (6 salaries)

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₹7 L/yr - ₹11 L/yr
8 years  (7 salaries)

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₹4 L/yr - ₹10.4 L/yr
9 years  (10 salaries)

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₹5.5 L/yr - ₹10.5 L/yr
10 years  (27 salaries)

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₹4.6 L/yr - ₹13 L/yr
11 years  (21 salaries)

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₹4.8 L/yr - ₹13.8 L/yr
View all

Similar Designation salaries in Cholamandalam Investment & Finance

Zonal Collection Manager Salary
(4 salaries)
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₹35 L/yr - ₹50 L/yr
Branch Collection Manager Salary
(23 salaries)
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₹3.4 L/yr - ₹6.05 L/yr
Collections Manager Salary
(68 salaries)
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₹2 L/yr - ₹9.15 L/yr
Senior Area Collection Manager Salary
(4 salaries)
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₹8.64 L/yr - ₹15.5 L/yr
Regional Collection Manager Salary
(52 salaries)
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₹8.2 L/yr - ₹26 L/yr
Area Debt Manager Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Collection Officer Salary
(58 salaries)
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₹1.5 L/yr - ₹4.16 L/yr
Senior Collection Officer Salary
(18 salaries)
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₹2.1 L/yr - ₹4.17 L/yr
Area Manager Salary
(69 salaries)
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₹5.1 L/yr - ₹16.5 L/yr
Recovery Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

Top skills at Cholamandalam Investment & Finance for Area Collection Manager

Collections Loan Recovery Debt Management Debt Recovery Auto Loans Vehicle Finance Tractor Loan Accounts Receivable Commercial Vehicle Loans Collection Management Npa Bucket Risk Assessment Placement PMO

Salary related reviews for Cholamandalam Investment & Finance

3.8

Rated by 72 employees for salary & benefits

Area Collection Manager in Udaipur (working remotely)

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

Area Collection Manager in Varanasi

Other Department

5.0
  •  posted on 06 May 2021
5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policy are good, appraisal are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
    • +6 more

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.

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

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.

read more
  • Salary - Bad
    • +6 more

Collections Manager in Bhadrak

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 02 May 2022
5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company polices are good, appraisals are fair and they give good salaryhike and bonus every year.

read more
  • Salary - Excellent
    • +6 more

Dislikes

No issue to dislike

see more salary related reviews

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Top trending discussions

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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 Investment & Finance Area Collection Manager Salary FAQs

What is the salary of Area Collection Manager at Cholamandalam Investment & Finance ?
The average salary of a Area Collection Manager at Cholamandalam Investment & Finance in India typically ranges from ₹4.9 Lakhs to ₹16.8 Lakhs per year, depending on experience (from 7 years to 20 years).

The top 10% of Area Collection Manager at Cholamandalam Investment & Finance earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹15.9 Lakhs per year. Area Collection Manager 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 200+ Cholamandalam Investment & Finance employees in India.
What is the estimated take home salary of a Area Collection Manager at Cholamandalam Investment & Finance in India?
The estimated take-home salary of a Area Collection Manager at Cholamandalam Investment & Finance in India typically ranges from ₹73,115 to ₹75,002 per month. This is based on the average salary range of ₹4.9 Lakhs to ₹16.8 Lakhs per year for employees with experience ranging from 7 years to 20 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 200+ salaries received from various employees of Cholamandalam Investment & Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Area Collection Manager at Cholamandalam Investment & Finance ?
To be a Area Collection Manager at Cholamandalam Investment & Finance in india, the key skills required include:

  • - Collections
  • - Loan Recovery
  • - Debt Management
  • - Debt Recovery
  • - Auto Loans

These skills are highly valued at Cholamandalam Investment & Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Cholamandalam Investment & Finance for Area Collection Manager in India?
Aditya Birla Capital ₹8.9 Lakhs to ₹19.1 Lakhs per year
Bajaj Finance ₹5.1 Lakhs to ₹18.0 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 Area Collection Manager in companies similar to Cholamandalam Investment & Finance in India?
The salary of a Area Collection Manager at companies similar to Cholamandalam Investment & Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Finserv ₹4.5 Lakhs to ₹15.0 Lakhs per year
IDFC FIRST Bharat ₹4.9 Lakhs to ₹15.5 Lakhs per year
Jana Small Finance Bank ₹1.0 Lakhs to ₹6.1 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 Area Collection Manager at Cholamandalam Investment & Finance in India?
The salary growth for a Area Collection Manager at Cholamandalam Investment & Finance depends on factors such as experience, performance, and promotions. On average, a Area Collection Manager can expect the following growth trajectory at Cholamandalam Investment & Finance:

Experience Average Salary Range
7 years ₹7.0 Lakhs to ₹11.0 Lakhs per year
8 years ₹4.0 Lakhs to ₹10.4 Lakhs per year
9 years ₹5.5 Lakhs to ₹10.5 Lakhs per year
10 years ₹4.6 Lakhs to ₹13.0 Lakhs per year
and so on.

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Cholamandalam Investment & Finance Area Collection Manager Salaries by Location

Cholamandalam Investment & Finance Area Collection Manager salary in India ranges between ₹4.9 Lakhs to ₹16.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 201 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.