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

7 - 20 years exp.

₹5 Lakhs - ₹16.8 Lakhs

Salary of majority employees

12% more than the average Area Collection Manager Salary in Financial Services Companies for 7 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Collection Manager Salary 7 - 19 years exp. (73 salaries)	₹6 L/yr - ₹16.8 L/yr
Finance & Accounting Area Collection Manager Salary 7 - 20 years exp. (68 salaries)	₹4 L/yr - ₹15 L/yr
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Sales & Business Development Area Collection Manager Salary 8 - 20 years exp. (15 salaries)	₹8.5 L/yr - ₹12 L/yr
Risk Management & Compliance Area Collection Manager Salary 13 - 20 years exp. (11 salaries)	₹7.8 L/yr - ₹16 L/yr
Marketing & Communication Area Collection Manager Salary 8 - 15 years exp. (6 salaries)	₹7.5 L/yr - ₹10.7 L/yr

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Last Updated: 1 Mar 2025

Companies similar to Cholamandalam Investment & Finance for Area Collection Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Area Collection Manager Salary 4 - 15 years exp. (240 salaries)	₹4.5 L/yr - ₹18 L/yr 4% more
HDFC Bank Area Collection Manager Salary 11 - 22 years exp. (176 salaries)	₹6.3 L/yr - ₹22.6 L/yr 40% more
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Mahindra Finance Area Collection Manager Salary 8 - 17 years exp. (186 salaries)	₹3.8 L/yr - ₹11.6 L/yr 30% less
Tata Capital Area Collection Manager Salary 6 - 16 years exp. (33 salaries)	₹4.3 L/yr - ₹13.1 L/yr 6% less	12 job openings
Muthoot Finance Area Collection Manager Salary 4 - 13 years exp. (5 salaries)	₹3 L/yr - ₹10 L/yr 33% less
Bajaj Finserv Area Collection Manager Salary 4 - 14 years exp. (210 salaries)	₹4.5 L/yr - ₹15 L/yr 7% less
L&T Finance Area Collection Manager Salary 5 - 16 years exp. (171 salaries)	₹3.5 L/yr - ₹12 L/yr 23% less
IDFC FIRST Bharat Area Collection Manager Salary 6 - 22 years exp. (18 salaries)	₹6.5 L/yr - ₹15.5 L/yr 12% more
Shriram Finance Area Collection Manager Salary 3 - 20 years exp. (14 salaries)	₹3.6 L/yr - ₹10.2 L/yr 35% less
Aditya Birla Capital Area Collection Manager Salary 10 - 19 years exp. (14 salaries)	₹8.9 L/yr - ₹19.1 L/yr 34% more
Edelweiss Area Collection Manager Salary 8 - 16 years exp. (6 salaries)	₹7.5 L/yr - ₹15.2 L/yr 10% more
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Reliance Capital Area Collection Manager Salary 4 - 20 years exp. (4 salaries)	₹7.5 L/yr - ₹11.4 L/yr 6% more

Area Collection Manager salary at Cholamandalam Investment & Finance ranges between ₹5 Lakhs to ₹16.8 Lakhs per year for employees with experience between 7 years to 20 years. Salary estimates are based on 220 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Area Collection Manager salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
7 years (10 salaries)	₹4 L/yr - ₹11 L/yr
8 years (10 salaries)	₹4 L/yr - ₹12 L/yr
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9 years (13 salaries)	₹5.4 L/yr - ₹10.5 L/yr
10 years (27 salaries)	₹4.8 L/yr - ₹13 L/yr
11 years (21 salaries)	₹4.8 L/yr - ₹13 L/yr
12 years (28 salaries)	₹6 L/yr - ₹15 L/yr
13 years (19 salaries)	₹6.2 L/yr - ₹15 L/yr
14 years (17 salaries)	₹6.2 L/yr - ₹16 L/yr
15+ years (75 salaries)	₹6 L/yr - ₹16.8 L/yr

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Similar Designation salaries in Cholamandalam Investment & Finance

Zonal Collection Manager Salary

(4 salaries)

₹35 L/yr - ₹50 L/yr

Branch Collection Manager Salary

(23 salaries)

₹3.4 L/yr - ₹6.05 L/yr

Collections Manager Salary

(80 salaries)

₹2 L/yr - ₹9.4 L/yr

Senior Area Collection Manager Salary

(4 salaries)

₹8.64 L/yr - ₹15.5 L/yr

Regional Collection Manager Salary

(53 salaries)

₹8.2 L/yr - ₹28.23 L/yr

Area Debt Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Collection Officer Salary

(54 salaries)

₹1.8 L/yr - ₹4.16 L/yr

Senior Collection Officer Salary

(18 salaries)

₹2.1 L/yr - ₹4.17 L/yr

Area Manager Salary

(72 salaries)

₹5.1 L/yr - ₹16.5 L/yr

Recovery Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Top skills at Cholamandalam Investment & Finance for Area Collection Manager

Collection Management Collections Loan Recovery Debt Management Npa Risk Assessment PMO Reporting Collections Strategy Customer Interaction Auto Loans Technical Training Compliance Team Management Awareness

Salary related reviews for Cholamandalam Investment & Finance

3.8

Rated by 67 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

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.

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.

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

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.

Salary - Excellent

+6 more

Dislikes

No issue to dislike

see more salary related reviews

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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 Collection Manager Salary FAQs

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

Area Collection Manager salary at Cholamandalam Investment & Finance in India ranges between ₹5.0 Lakhs to ₹16.8 Lakhs for experience between 7 years to 20 years. According to our estimates it is 12% more than the average Area Collection Manager Salary in India. Salary estimates are based on 220 latest salaries received from various employees of Cholamandalam Investment & Finance India.

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

The average salary of a Area Collection Manager at Cholamandalam Investment & Finance is 12% more than the average salary of a Area Collection Manager in India. To know exact salary insights, login to view.

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

Collection Management, Collections, Loan Recovery, Debt Management and Npa are some of the popular skills required to work as a Area Collection Manager at Cholamandalam Investment & Finance India.

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

HDFC Bank Area Collection Manager Salary - ₹6.3 Lakhs to ₹22.6 Lakhs per year
Aditya Birla Capital Area Collection Manager Salary - ₹8.9 Lakhs to ₹19.1 Lakhs per year
IDFC FIRST Bharat Area Collection Manager Salary - ₹6.5 Lakhs to ₹15.5 Lakhs per year
Edelweiss Area Collection Manager Salary - ₹7.5 Lakhs to ₹15.2 Lakhs per year
Reliance Capital Area Collection Manager Salary - ₹7.5 Lakhs to ₹11.4 Lakhs per year

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

Bajaj Finance Area Collection Manager Salary - ₹4.5 Lakhs to ₹18.0 Lakhs per year
Tata Capital Area Collection Manager Salary - ₹4.3 Lakhs to ₹13.1 Lakhs per year
Bajaj Finserv Area Collection Manager Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
L&T Finance Area Collection Manager Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year
Mahindra Finance Area Collection Manager Salary - ₹3.8 Lakhs to ₹11.6 Lakhs per year

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 ranges between ₹72,258 per month to ₹74,122 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Area Collection Manager salary in India which ranges between ₹5.0 Lakhs to ₹16.8 Lakhs per year for employees with experience between 7 years to 20 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 91% of the Cholamandalam Investment & Finance Area Collection Managers reported a notice period of 3 Months, 4% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 222 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Area Collection Manager Salaries

Cholamandalam Investment & Finance Area Collection Manager salary in India ranges between ₹5 Lakhs to ₹16.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 220 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

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

Companies similar to Cholamandalam Investment & Finance for Area Collection Manager

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

Experience wise Cholamandalam Investment & Finance Area Collection Manager salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Top skills at Cholamandalam Investment & Finance for Area Collection Manager

Salary related reviews for Cholamandalam Investment & Finance

Area Collection Manager in Udaipur (working remotely)

Area Collection Manager in Varanasi

Team Lead in Kolkata

Relationship Manager in Ranchi

Collections Manager in Bhadrak

Cholamandalam Investment & Finance Area Collection Manager Salary FAQs

Tell us how to improve this page.

Cholamandalam Investment & Finance Area Collection Manager Salaries by Location