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

Annual salary range
6 - 16 years exp.
₹6.2 Lakhs - ₹20 Lakhs
Salary of majority employees
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Fixed (85%)
₹10.3 Lakhs
Variable (15%)
₹1.9 Lakh
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At par with the average Area Credit Manager Salary in Financial Services Companies for 6 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Credit Manager Salary
6 - 15 years exp. (112 salaries)
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₹5 L/yr - ₹20 L/yr

Finance & Accounting
Area Credit Manager Salary
6 - 16 years exp. (85 salaries)
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₹5.7 L/yr - ₹17.6 L/yr

Risk Management & Compliance
Area Credit Manager Salary
7 - 16 years exp. (27 salaries)
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₹6.3 L/yr - ₹18.8 L/yr

Last Updated: 27 Feb 2025

Companies similar to Cholamandalam Investment & Finance for Area Credit Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Area Credit Manager Salary

5 - 18 years exp. (228 salaries)

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₹8 L/yr - ₹30 L/yr

arrow icon 51% more
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Bajaj Finance Area Credit Manager Salary

3 - 12 years exp. (90 salaries)

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₹4 L/yr - ₹16.7 L/yr

arrow icon 20% less
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ICICI Bank Area Credit Manager Salary

2 - 14 years exp. (376 salaries)

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₹5.3 L/yr - ₹21.7 L/yr

arrow icon 5% more
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Axis Bank Area Credit Manager Salary

6 - 14 years exp. (297 salaries)

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₹6.5 L/yr - ₹22.8 L/yr

arrow icon 21% more
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Kotak Mahindra Bank Area Credit Manager Salary

5 - 14 years exp. (88 salaries)

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₹6.5 L/yr - ₹24.5 L/yr

arrow icon 24% more
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Tata Capital Area Credit Manager Salary

2 - 14 years exp. (137 salaries)

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₹8 L/yr - ₹27.5 L/yr

arrow icon 40% more
6 job openings
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Mahindra Finance Area Credit Manager Salary

7 - 9 years exp. (5 salaries)

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₹5.5 L/yr - ₹14 L/yr

arrow icon 18% less
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L&T Finance Area Credit Manager Salary

4 - 13 years exp. (130 salaries)

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₹6 L/yr - ₹20 L/yr

arrow icon 9% more
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Muthoot Finance Area Credit Manager Salary

5 - 10 years exp. (4 salaries)

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₹3.3 L/yr - ₹10.1 L/yr

arrow icon 44% less
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Shriram Finance Area Credit Manager Salary

5 - 13 years exp. (21 salaries)

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₹9.5 L/yr - ₹21 L/yr

arrow icon 19% more
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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 16% less
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Aditya Birla Capital Area Credit Manager Salary

7 - 12 years exp. (65 salaries)

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₹10 L/yr - ₹21 L/yr

arrow icon 17% more
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Edelweiss Area Credit Manager Salary

3 - 11 years exp. (40 salaries)

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₹7.3 L/yr - ₹19 L/yr

arrow icon 9% less
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Reliance Capital Area Credit Manager Salary

6 - 14 years exp. (7 salaries)

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₹8.9 L/yr - ₹19 L/yr

arrow icon 26% more
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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 5% more

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Area Credit Manager salary at Cholamandalam Investment & Finance ranges between ₹6.2 Lakhs to ₹20 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 251 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: 27 Feb 2025

Experience Avg Annual Salary
6 years  (19 salaries)

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₹6.5 L/yr - ₹15 L/yr
7 years  (31 salaries)

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₹5 L/yr - ₹15 L/yr
8 years  (33 salaries)

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₹6.5 L/yr - ₹15.6 L/yr
9 years  (30 salaries)

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₹6.5 L/yr - ₹18.6 L/yr
10 years  (31 salaries)

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₹5 L/yr - ₹18.6 L/yr
View all

Similar Designation salaries in Cholamandalam Investment & Finance

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₹44.5 L/yr - ₹61 L/yr
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₹2.5 L/yr - ₹9.98 L/yr
Credit Manager Salary
(155 salaries)
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₹2 L/yr - ₹10.06 L/yr
Cluster Credit Manager Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr
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₹2 L/yr - ₹10.71 L/yr
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₹10 L/yr - ₹32 L/yr
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₹2 L/yr - ₹5.8 L/yr
Branch Manager Salary
(72 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 - ₹9.15 L/yr
Credit Officer Salary
(121 salaries)
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₹1.65 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

3.9

Rated by 46 employees for salary & benefits

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

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

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

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,

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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Cholamandalam Investment & Finance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Cholamandalam Investment & Finance?
Area Credit Manager salary at Cholamandalam Investment & Finance in India ranges between ₹6.2 Lakhs to ₹20.0 Lakhs for experience between 6 years to 16 years. According to our estimates it is 2% more than the average Area Credit Manager Salary in India. Salary estimates are based on 251 latest salaries received from various employees of Cholamandalam Investment & Finance India.
How does the salary of a Area Credit Manager at Cholamandalam Investment & Finance India compare with the average salary range for this job?
The average salary of a Area Credit Manager at Cholamandalam Investment & Finance is 2% more than the average salary of a Area Credit Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Area Credit Manager at Cholamandalam Investment & Finance?
Auto Loans, Commercial Vehicle Loans, hcv and Tractor Loan are some of the popular skills required to work as a Area Credit Manager at Cholamandalam Investment & Finance India.
Which similar companies are paying more than Cholamandalam Investment & Finance to a Area Credit Manager in India?
  • HDFC Bank Area Credit Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
  • Tata Capital Area Credit Manager Salary - ₹8.0 Lakhs to ₹27.5 Lakhs per year
  • Reliance Capital Area Credit Manager Salary - ₹8.9 Lakhs to ₹19.0 Lakhs per year
  • Kotak Mahindra Bank Area Credit Manager Salary - ₹6.5 Lakhs to ₹24.5 Lakhs per year
  • Axis Bank Area Credit Manager Salary - ₹6.5 Lakhs to ₹22.8 Lakhs per year
What is the salary of a Area Credit Manager in companies similar to Cholamandalam Investment & Finance in India?
  • Shriram Finance Area Credit Manager Salary - ₹9.5 Lakhs to ₹21.0 Lakhs per year
  • Aditya Birla Capital Area Credit Manager Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
  • L&T Finance Area Credit Manager Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
  • Citicorp Area Credit Manager Salary - ₹10.0 Lakhs to ₹15.0 Lakhs per year
  • ICICI Bank Area Credit Manager Salary - ₹5.3 Lakhs to ₹21.7 Lakhs per year
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 ranges between ₹86,679 per month to ₹88,951 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Area Credit Manager salary in India which ranges between ₹6.2 Lakhs to ₹20.0 Lakhs per year for employees with experience between 6 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Area Credit Manager at Cholamandalam Investment & Finance?
According to AmbitionBox, 93% of the Cholamandalam Investment & Finance Area Credit Managers reported a notice period of 3 Months, 2% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 263 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Cholamandalam Investment & Finance Area Credit Manager salary in India ranges between ₹6.2 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 251 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.