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This company page is being actively managed by Cholamandalam Investment & Finance Team. If you also belong to the team, you can get access from here

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3.9

based on 4.8k Reviews

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Cholamandalam Investment & Finance Area Collection Manager salaries in Hyderabad / Secunderabad

Annual salary range
7 - 18 years exp.
₹7 Lakhs - ₹18 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Area Collection Manager Salary in Financial Services Companies for 7 - 18 years of experience

Interested in this particular role? 7 job openings

Salaries in different departments

Finance & Accounting
Area Collection Manager Salary
11 - 18 years exp. (4 salaries)
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₹7.3 L/yr - ₹10.5 L/yr

BFSI, Investments & Trading
Area Collection Manager Salary
7 - 15 years exp. (3 salaries)
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₹7 L/yr - ₹14 L/yr

Last Updated: 6 Dec 2024

Companies similar to Cholamandalam Investment & Finance for Area Collection Manager in Hyderabad / Secunderabad

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Cholamandalam Investment & Finance Area Collection Manager Salary

7 - 18 years exp. (7 salaries)
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₹7 L/yr - ₹18 L/yr

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

6 - 14 years exp. (11 salaries)
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₹7.2 L/yr - ₹13 L/yr

arrow icon 6% less
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Bajaj Finance Area Collection Manager Salary

5 - 15 years exp. (29 salaries)
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₹5.1 L/yr - ₹17 L/yr

arrow icon 2% less
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IDFC FIRST Bank Area Collection Manager Salary

8 - 17 years exp. (13 salaries)
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₹10.5 L/yr - ₹15 L/yr

arrow icon 34% more
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L&T Finance Area Collection Manager Salary

8 - 12 years exp. (11 salaries)
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₹6 L/yr - ₹10.1 L/yr

arrow icon 18% less
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Kotak Mahindra Bank Area Collection Manager Salary

6 - 15 years exp. (8 salaries)
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₹7.2 L/yr - ₹15 L/yr

arrow icon 10% more
Area Collection Manager salary at Cholamandalam Investment & Finance ranges between ₹7 Lakhs to ₹18 Lakhs per year for employees with experience between 7 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of Cholamandalam Investment & Finance.

Latest annual salaries shared by Cholamandalam Investment & Finance Area Collection Manager in Hyderabad / Secunderabad

4mo ago
₹7 Lakhs
7 years exp.
5mo ago
₹13 Lakhs
11 years exp.
7mo ago
₹18 Lakhs
18 years exp.
8mo ago
₹14 Lakhs
12 years exp.
1y ago
₹11.1 Lakhs
11 years exp.

Experience wise Cholamandalam Investment & Finance Area Collection Manager salaries in Hyderabad / Secunderabad

Last Updated: 6 Dec 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹10 L/yr
8 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.4 L/yr
9 years (AmbitionBox Estimate)

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₹8.4 L/yr - ₹10.7 L/yr
10 years (AmbitionBox Estimate)

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₹8.6 L/yr - ₹11 L/yr
11 years (AmbitionBox Estimate)

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₹8.9 L/yr - ₹11.4 L/yr
View all

Similar Designation salaries in Cholamandalam Investment & Finance

Collections Manager Salary
(4 salaries)
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₹3 L/yr - ₹9.13 L/yr
Regional Collection Manager Salary
(3 salaries)
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₹18 L/yr - ₹24 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 Personal Loans Business Loan Npa Bucket Risk Assessment

Salary related reviews for Cholamandalam Investment & Finance

4.0

Rated by 1 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

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Cholamandalam Investment & Finance Area Collection Manager Salary FAQs

What is the salary of Area Collection Manager at Cholamandalam Investment & Finance in Hyderabad / Secunderabad?
The average salary of a Area Collection Manager at Cholamandalam Investment & Finance in Hyderabad / Secunderabad typically ranges from ₹7.0 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 7 years to 18 years).

The top 10% of Area Collection Manager in Hyderabad / Secunderabad at Cholamandalam Investment & Finance earn more than ₹17.2 Lakhs per year, and the top 1% earn over ₹18.0 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 7 Cholamandalam Investment & Finance employees in India.
What is the estimated take home salary of a Area Collection Manager at Cholamandalam Investment & Finance in Hyderabad / Secunderabad?
The estimated take-home salary of a Area Collection Manager at Cholamandalam Investment & Finance in Hyderabad / Secunderabad typically ranges from ₹74,268 to ₹76,188 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 7 years to 18 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 7 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 in Hyderabad / Secunderabad?
To be a Area Collection Manager at Cholamandalam Investment & Finance in Hyderabad / Secunderabad, 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?
IDFC FIRST Bank ₹10.5 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindra Bank ₹7.2 Lakhs to ₹15.0 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 Hyderabad / Secunderabad?
The salary of a Area Collection Manager at companies similar to Cholamandalam Investment & Finance in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Finance ₹5.1 Lakhs to ₹17.0 Lakhs per year
Bajaj Finserv ₹7.2 Lakhs to ₹13.0 Lakhs per year
L&T Finance ₹6.0 Lakhs to ₹10.1 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 Hyderabad / Secunderabad?
The salary growth for a Area Collection Manager at Cholamandalam Investment & Finance in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Area Collection Manager in Hyderabad / Secunderabad can expect the following growth trajectory at Cholamandalam Investment & Finance:

Experience Average Salary Range
7 years ₹7.9 Lakhs to ₹10.0 Lakhs per year
8 years ₹8.1 Lakhs to ₹10.4 Lakhs per year
9 years ₹8.4 Lakhs to ₹10.7 Lakhs per year
10 years ₹8.6 Lakhs to ₹11.0 Lakhs per year
and so on.

Tell us how to improve this page.

Cholamandalam Investment & Finance Area Collection Manager salary in Hyderabad / Secunderabad ranges between ₹7 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.