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3.9

based on 4.7k Reviews

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

Annual salary range
6 - 13 years exp.
₹6 Lakhs - ₹20 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Area Credit Manager Salary in Financial Services Companies for 6 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Credit Manager Salary
6 - 13 years exp. (99 salaries)
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₹6.5 L/yr - ₹20 L/yr

Finance & Accounting
Area Credit Manager Salary
6 - 13 years exp. (71 salaries)
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₹5.7 L/yr - ₹17.6 L/yr

Risk Management & Compliance
Area Credit Manager Salary
7 - 13 years exp. (22 salaries)
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₹6.3 L/yr - ₹14 L/yr

Last Updated: 22 Mar 2025

Companies similar to Cholamandalam Investment & Finance for Area Credit Manager

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

4 - 14 years exp. (92 salaries)
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₹4.8 L/yr - ₹13.9 L/yr

arrow icon 19% less
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Aditya Birla Capital Area Credit Manager Salary

7 - 12 years exp. (60 salaries)
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₹10 L/yr - ₹19.2 L/yr

arrow icon 15% more
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Muthoot Pappachan Group Area Credit Manager Salary

2 - 5 years exp. (7 salaries)
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₹2.2 L/yr - ₹3 L/yr

arrow icon 80% less
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IDFC FIRST Bharat Area Credit Manager Salary

6 - 12 years exp. (6 salaries)
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₹4.4 L/yr - ₹7.2 L/yr

arrow icon 56% less
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Citicorp Area Credit Manager Salary

8 - 14 years exp. (5 salaries)
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₹10 L/yr - ₹15 L/yr

arrow icon 7% more
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RBL FinServe Area Credit Manager Salary

10 - 13 years exp. (3 salaries)
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₹7 L/yr - ₹10.5 L/yr

arrow icon 29% less
Area Credit Manager salary at Cholamandalam Investment & Finance ranges between ₹6 Lakhs to ₹20 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 216 latest salaries received from various employees of Cholamandalam Investment & Finance.

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

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Experience wise Cholamandalam Investment & Finance Area Credit Manager salaries

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
6 years  (21 salaries)

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₹6.5 L/yr - ₹15 L/yr
7 years  (30 salaries)

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₹5 L/yr - ₹15 L/yr
8 years  (32 salaries)

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₹6.5 L/yr - ₹18.1 L/yr
9 years  (30 salaries)

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₹6.5 L/yr - ₹18.6 L/yr
10 years  (30 salaries)

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₹4.9 L/yr - ₹18.6 L/yr
View all

Similar Designation salaries in Cholamandalam Investment & Finance

Zonal Credit Manager Salary
(10 salaries)
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₹44.5 L/yr - ₹61 L/yr
Branch Credit Manager Salary
(90 salaries)
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₹3 L/yr - ₹9.1 L/yr
Credit Manager Salary
(153 salaries)
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₹1.7 L/yr - ₹10.03 L/yr
Cluster Credit Manager Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr
Deputy Credit Manager Salary
(12 salaries)
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₹2 L/yr - ₹10.71 L/yr
Regional Credit Manager Salary
(65 salaries)
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₹10 L/yr - ₹32 L/yr
Assistant Credit Manager Salary
(7 salaries)
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₹2 L/yr - ₹5.8 L/yr
Branch Manager Salary
(68 salaries)
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₹3.5 L/yr - ₹10.5 L/yr
Sales Manager Salary
(75 salaries)
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₹2 L/yr - ₹9.11 L/yr
Credit Officer Salary
(120 salaries)
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₹1.62 L/yr - ₹3.85 L/yr

Top skills at Cholamandalam Investment & Finance for Area Credit Manager

Auto Loans Commercial Vehicle Loans hcv Tractor Loan

Salary related reviews for Cholamandalam Investment & Finance

4.0

Rated by 48 employees for salary & benefits

Area Credit Manager in Barwani

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 01 Sep 2024
5.0
 for  Salary and Benefits

Likes

Friendly nature with seniors and employes .Good salary benifits and incentive structure. Skill development and time to time learning module.

read more
  • Salary - Excellent
    • +5 more

Dislikes

Office work timing not fixed. We have not sufficient time for family

  • Work-life balance - Poor

Area Credit Manager in Jamshedpur

Full Time

 · 

Other Department

1.0
  •  posted on 17 Mar 2023
3.0
 for  Salary and Benefits

Likes

You might get good salary hike and bonus/incentive.

Dislikes

Toxic work culture. Higher level of politics. Frequent concall. Unorganised work flow. No training and development at all. No job security. Hire & Fire policy. HR role is limited to hiring only. Weekend and late night working. No work life balance.

read more
  • Skill development - Bad
    • +5 more

Area Credit Manager in Ranchi

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 30 May 2022
4.0
 for  Salary and Benefits

Likes

You might get a decent salary hike.

  • Salary - Good

Dislikes

Credit people reporting to Sales. Multiple reporting. You feel always uncomfortable while day to day working. You may assign any work which is not a part of your KRA. Limited HR involvement in employee matters. Holiday working. Repeated concalls. Not a good place to work.

read more
  • Skill development - Poor
    • +5 more

Area Credit Manager in Vijayawada

BFSI, Investments & Trading Department

5.0
  •  posted on 20 Jul 2020
5.0
 for  Salary and Benefits

Likes

Management not stopped employee salaries as well as sales incentives and yearly bonus during COVID 19. Management has provided health insurance Upto 8 L to their family members. HR employee benefits are good.

read more
  • Salary - Excellent
    • +5 more

Dislikes

Bad politics, current organisation structure,

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
see more salary related reviews

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kirayagami1
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TCS
Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible
Nagarro offer: Kindly Help me to decide
Option 1
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Cholamandalam Investment & Finance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Cholamandalam Investment & Finance ?
The average salary of a Area Credit Manager at Cholamandalam Investment & Finance in India typically ranges from ₹6.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 6 years to 13 years).

The top 10% of Area Credit Manager at Cholamandalam Investment & Finance earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹18.6 Lakhs per year. Area Credit 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 Credit Manager at Cholamandalam Investment & Finance in India?
The estimated take-home salary of a Area Credit Manager at Cholamandalam Investment & Finance in India typically ranges from ₹85,778 to ₹88,024 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 6 years to 13 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 Credit Manager at Cholamandalam Investment & Finance ?
To be a Area Credit Manager at Cholamandalam Investment & Finance in india, the key skills required include:

  • - Auto Loans
  • - Commercial Vehicle Loans
  • - hcv
  • - Tractor Loan

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 Credit Manager in India?
Aditya Birla Capital ₹10.0 Lakhs to ₹19.2 Lakhs per year
Citicorp ₹10.0 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 Credit Manager in companies similar to Cholamandalam Investment & Finance in India?
The salary of a Area Credit 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 ₹4.8 Lakhs to ₹13.9 Lakhs per year
RBL FinServe ₹7.0 Lakhs to ₹10.5 Lakhs per year
IDFC FIRST Bharat ₹4.4 Lakhs to ₹7.2 Lakhs per year
Muthoot Pappachan Group ₹2.2 Lakhs to ₹3.0 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 Credit Manager at Cholamandalam Investment & Finance in India?
The salary growth for a Area Credit Manager at Cholamandalam Investment & Finance depends on factors such as experience, performance, and promotions. On average, a Area Credit Manager can expect the following growth trajectory at Cholamandalam Investment & Finance:

Experience Average Salary Range
6 years ₹6.5 Lakhs to ₹15.0 Lakhs per year
7 years ₹5.0 Lakhs to ₹15.0 Lakhs per year
8 years ₹6.5 Lakhs to ₹18.1 Lakhs per year
9 years ₹6.5 Lakhs to ₹18.6 Lakhs per year
and so on.

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Cholamandalam Investment & Finance Area Credit Manager Salaries by Location

Cholamandalam Investment & Finance Area Credit Manager salary in India ranges between ₹6 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 216 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.