Cholamandalam Investment & Finance Bangalore / Bengaluru Area Credit Manager Salaries by 6 Employees (Updated 2024)

6 - 12 years exp.

₹11.5 Lakhs - ₹15.6 Lakhs

Salary of majority employees

At par with the average Area Credit Manager Salary in Financial Services Companies for 6 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Credit Manager Salary 6 - 12 years exp. (4 salaries)	₹13 L/yr - ₹15.6 L/yr
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Finance & Accounting Area Credit Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹11.5 L/yr - ₹12.9 L/yr

Last Updated: 5 Sep 2024

Companies similar to Cholamandalam Investment & Finance for Area Credit Manager in Bangalore / Bengaluru

Cholamandalam Investment & Finance Area Credit Manager Salary

6 - 12 years exp. (6 salaries)

₹11.5 L/yr - ₹15.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Credit Manager Salary 7 - 17 years exp. (4 salaries)	₹18 L/yr - ₹26 L/yr 67% more
ICICI Bank Area Credit Manager Salary 1 - 14 years exp. (41 salaries)	₹5.8 L/yr - ₹19 L/yr 4% less
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Axis Bank Area Credit Manager Salary 6 - 13 years exp. (21 salaries)	₹10 L/yr - ₹23 L/yr 42% more
Tata Capital Area Credit Manager Salary 7 - 14 years exp. (17 salaries)	₹9.5 L/yr - ₹30 L/yr 49% more	25 job openings
L&T Finance Area Credit Manager Salary 5 - 13 years exp. (19 salaries)	₹10.5 L/yr - ₹19.8 L/yr 8% more
Bajaj Finserv Area Credit Manager Salary 5 - 10 years exp. (5 salaries)	₹4.8 L/yr - ₹12 L/yr 23% less
Aditya Birla Capital Area Credit Manager Salary 7 - 12 years exp. (4 salaries)	₹11 L/yr - ₹17.3 L/yr 14% more

Area Credit Manager salary at Cholamandalam Investment & Finance ranges between ₹11.5 Lakhs to ₹15.6 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 6 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Area Credit Manager salaries in Bangalore / Bengaluru

Last Updated: 5 Sep 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹13 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹15 L/yr
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8 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹15.6 L/yr
9 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
10 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹23.1 L/yr
11 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹23.2 L/yr
12 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹15 L/yr

View all

Similar Designation salaries in Cholamandalam Investment & Finance

Credit Officer Salary

(22 salaries)

₹2 L/yr - ₹4 L/yr

Regional Credit Manager Salary

(8 salaries)

₹20 L/yr - ₹30 L/yr

Branch Credit Manager Salary

(7 salaries)

₹3.8 L/yr - ₹7.8 L/yr

Credit Manager Salary

(3 salaries)

₹4.33 L/yr - ₹8 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

3.0

Rated by 1 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.

Dislikes

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

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.

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.

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.

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.

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.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Cholamandalam Investment & Finance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Cholamandalam Investment & Finance Bangalore / Bengaluru?

Area Credit Manager salary at Cholamandalam Investment & Finance in Bangalore / Bengaluru ranges between ₹11.5 Lakhs to ₹15.6 Lakhs for experience between 6 years to 12 years. According to our estimates it is 1% more than the average Area Credit Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Cholamandalam Investment & Finance Bangalore / Bengaluru.

How does the salary of a Area Credit Manager at Cholamandalam Investment & Finance Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Area Credit Manager at Cholamandalam Investment & Finance is 1% more than the average salary of a Area Credit Manager in Bangalore / Bengaluru. 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 Bangalore / Bengaluru.

Which similar companies are paying more than Cholamandalam Investment & Finance to a Area Credit Manager in Bangalore / Bengaluru?

HDFC Bank Area Credit Manager Salary - ₹18.0 Lakhs to ₹26.0 Lakhs per year
Tata Capital Area Credit Manager Salary - ₹9.5 Lakhs to ₹30.0 Lakhs per year
Axis Bank Area Credit Manager Salary - ₹10.0 Lakhs to ₹23.0 Lakhs per year
Aditya Birla Capital Area Credit Manager Salary - ₹11.0 Lakhs to ₹17.3 Lakhs per year
L&T Finance Area Credit Manager Salary - ₹10.5 Lakhs to ₹19.8 Lakhs per year

What is the salary of a Area Credit Manager in companies similar to Cholamandalam Investment & Finance in Bangalore / Bengaluru?

ICICI Bank Area Credit Manager Salary - ₹5.8 Lakhs to ₹19.0 Lakhs per year
Bajaj Finserv Area Credit Manager Salary - ₹4.8 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Area Credit Manager at Cholamandalam Investment & Finance in Bangalore / Bengaluru?

The estimated take-home salary of a Area Credit Manager at Cholamandalam Investment & Finance ranges between ₹91,314 per month to ₹93,734 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Area Credit Manager salary in India which ranges between ₹11.5 Lakhs to ₹15.6 Lakhs per year for employees with experience between 6 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager at Cholamandalam Investment & Finance in Bangalore / Bengaluru?

According to AmbitionBox, 86% of the Cholamandalam Investment & Finance Area Credit Managers in Bangalore / Bengaluru reported a notice period of 3 Months, 14% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Area Credit Manager Salaries in Bangalore / Bengaluru

Cholamandalam Investment & Finance Area Credit Manager salary in Bangalore / Bengaluru ranges between ₹11.5 Lakhs to ₹15.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

Cholamandalam Investment & Finance Area Credit Manager salaries in Bangalore / Bengaluru

Companies similar to Cholamandalam Investment & Finance for Area Credit Manager in Bangalore / Bengaluru

Latest annual salaries shared by Cholamandalam Investment & Finance Area Credit Manager in Bangalore / Bengaluru

Experience wise Cholamandalam Investment & Finance Area Credit Manager salaries in Bangalore / Bengaluru

Similar Designation salaries in Cholamandalam Investment & Finance

Top skills at Cholamandalam Investment & Finance for Area Credit Manager

Salary related reviews for Cholamandalam Investment & Finance

Area Credit Manager in Barwani

Area Credit Manager in Jamshedpur

Area Credit Manager in Ranchi

Area Credit Manager in Vijayawada

Relationship Manager in Ranchi

Cholamandalam Investment & Finance Area Credit Manager Salary FAQs

Tell us how to improve this page.