Cholamandalam Investment & Finance Pune Area Collection Manager Salaries by 4 Employees

12 - 17 years exp.

₹8.9 Lakhs - ₹15.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

15% more than the average Area Collection Manager Salary in Financial Services Companies for 12 - 17 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

Finance & Accounting Area Collection Manager Salary 12 - 15 years exp. (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.3 L/yr
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BFSI, Investments & Trading Area Collection Manager Salary 17 years exp. (AmbitionBox Estimate)	₹9.7 L/yr - ₹15.4 L/yr

Last Updated: 13 Sep 2024

Companies similar to Cholamandalam Investment & Finance for Area Collection Manager in Pune

Cholamandalam Investment & Finance Area Collection Manager Salary

12 - 17 years exp. (4 salaries)

₹8.9 L/yr - ₹15.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Area Collection Manager Salary 5 - 14 years exp. (24 salaries)	₹5 L/yr - ₹13.5 L/yr 17% less
Bajaj Finance Area Collection Manager Salary 5 - 14 years exp. (20 salaries)	₹8 L/yr - ₹15 L/yr 4% less
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EarlySalary Services Area Collection Manager Salary 7 years exp. (17 salaries)	₹11.7 L/yr - ₹13.5 L/yr 15% more	1 job opening
Axis Bank Area Collection Manager Salary 7 - 20 years exp. (9 salaries)	₹7.2 L/yr - ₹20 L/yr 14% more
Hinduja Leyland Finance Area Collection Manager Salary 5 - 11 years exp. (9 salaries)	₹3.2 L/yr - ₹9.3 L/yr 44% less

Area Collection Manager salary at Cholamandalam Investment & Finance ranges between ₹8.9 Lakhs to ₹15.4 Lakhs per year for employees with experience between 12 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Area Collection Manager salaries in Pune

Last Updated: 13 Sep 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
13 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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14 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr
15+ years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr

Similar Designation salaries in Cholamandalam Investment & Finance

Collection Officer Salary

(6 salaries)

₹1.5 L/yr - ₹3 L/yr

Regional Collection Manager Salary

(3 salaries)

₹21.2 L/yr - ₹25 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

2.7

Rated by 2 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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Salary Discussions, Hike & Promotions

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 in Pune?

The average salary of a Area Collection Manager at Cholamandalam Investment & Finance in Pune typically ranges from ₹8.9 Lakhs to ₹15.4 Lakhs per year, depending on experience (from 12 years to 17 years).

The top 10% of Area Collection Manager in Pune at Cholamandalam Investment & Finance earn more than ₹15.4 Lakhs per year, and the top 1% earn over ₹15.4 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 4 Cholamandalam Investment & Finance employees in India.

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

The estimated take-home salary of a Area Collection Manager at Cholamandalam Investment & Finance in Pune typically ranges from ₹78,124 to ₹80,154 per month. This is based on the average salary range of ₹8.9 Lakhs to ₹15.4 Lakhs per year for employees with experience ranging from 12 years to 17 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.

What are the key skills required to be a Area Collection Manager at Cholamandalam Investment & Finance in Pune?

To be a Area Collection Manager at Cholamandalam Investment & Finance in Pune, 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?

EarlySalary Services	₹11.7 Lakhs to ₹13.5 Lakhs per year
Axis Bank	₹7.2 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 Area Collection Manager in companies similar to Cholamandalam Investment & Finance in Pune?

The salary of a Area Collection Manager at companies similar to Cholamandalam Investment & Finance in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Finance	₹8.0 Lakhs to ₹15.0 Lakhs per year
Bajaj Finserv	₹5.0 Lakhs to ₹13.5 Lakhs per year
Hinduja Leyland Finance	₹3.2 Lakhs to ₹9.3 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 Area Collection Manager at Cholamandalam Investment & Finance in Pune?

The salary growth for a Area Collection Manager at Cholamandalam Investment & Finance in Pune depends on factors such as experience, performance, and promotions. On average, a Area Collection Manager in Pune can expect the following growth trajectory at Cholamandalam Investment & Finance:

Experience	Average Salary Range
12 years	₹9.7 Lakhs to ₹12.4 Lakhs per year
13 years	₹9.9 Lakhs to ₹12.7 Lakhs per year
14 years	₹10.2 Lakhs to ₹13.0 Lakhs per year
15 years	₹10.7 Lakhs to ₹13.7 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Area Collection Manager Salaries in Pune

Cholamandalam Investment & Finance Area Collection Manager salary in Pune ranges between ₹8.9 Lakhs to ₹15.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.