Cholamandalam Investment & Finance Chennai Area Credit Manager Salaries by 6 Employees (Updated 2025)

7 - 16 years exp.

₹10 Lakhs - ₹13.5 Lakhs

Salary of majority employees

Fixed (87%)

₹11 Lakhs

Variable (13%)

₹1.5 Lakh

At par with the average Area Credit Manager Salary in Financial Services Companies for 7 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Credit Manager Salary 7 - 13 years exp. (3 salaries)	₹11 L/yr - ₹13.5 L/yr
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Finance & Accounting Area Credit Manager Salary 8 - 16 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹13.2 L/yr

Last Updated: 10 Oct 2024

Companies similar to Cholamandalam Investment & Finance for Area Credit Manager in Chennai

Cholamandalam Investment & Finance Area Credit Manager Salary

7 - 16 years exp. (6 salaries)

₹10 L/yr - ₹13.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Credit Manager Salary 8 - 18 years exp. (5 salaries)	₹8 L/yr - ₹22 L/yr 15% more
ICICI Bank Area Credit Manager Salary 2 - 13 years exp. (39 salaries)	₹6.1 L/yr - ₹18 L/yr 11% less
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Axis Bank Area Credit Manager Salary 5 - 14 years exp. (11 salaries)	₹8 L/yr - ₹18.2 L/yr 14% more
Tata Capital Area Credit Manager Salary 2 - 14 years exp. (11 salaries)	₹12.2 L/yr - ₹19.5 L/yr 31% more	8 job openings
Mahindra Finance Area Credit Manager Salary 7 - 9 years exp. (3 salaries)	₹5.5 L/yr - ₹14 L/yr 28% less
L&T Finance Area Credit Manager Salary 3 - 12 years exp. (9 salaries)	₹10.3 L/yr - ₹13.9 L/yr 5% more
Bajaj Finserv Area Credit Manager Salary 4 - 9 years exp. (5 salaries)	₹6.5 L/yr - ₹12 L/yr 22% less

Area Credit Manager salary at Cholamandalam Investment & Finance ranges between ₹10 Lakhs to ₹13.5 Lakhs per year for employees with experience between 7 years to 16 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 Chennai

Last Updated: 10 Oct 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹11 L/yr - ₹21.9 L/yr
8 years (AmbitionBox Estimate)	₹10 L/yr - ₹22 L/yr
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9 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr
10 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
11 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹22.5 L/yr
12 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.5 L/yr
13 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹13.5 L/yr
14 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
15+ years (AmbitionBox Estimate)	₹5.2 L/yr - ₹13.2 L/yr

View all

Similar Designation salaries in Cholamandalam Investment & Finance

Credit Officer Salary

(13 salaries)

₹1.65 L/yr - ₹3.2 L/yr

Branch Credit Manager Salary

(9 salaries)

₹5.05 L/yr - ₹8.9 L/yr

Credit Manager Salary

(8 salaries)

₹3.8 L/yr - ₹10.06 L/yr

Sales Manager Salary

(4 salaries)

₹3 L/yr - ₹5.5 L/yr

Regional Credit Manager Salary

(4 salaries)

₹13 L/yr - ₹26.5 L/yr

Zonal Credit Manager Salary

(4 salaries)

₹45.39 L/yr - ₹59 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

5.0

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.

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.

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.

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.

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.

Salary - Bad

+6 more

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What people are saying about Cholamandalam Investment & Finance

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a senior associate manager

I am 31, started my career as a Credit and operation officer. It's been 3.3 years with CTC of Rs. 2.40 LPA. What should I do?

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Cholamandalam Investment & Finance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Cholamandalam Investment & Finance Chennai?

Area Credit Manager salary at Cholamandalam Investment & Finance in Chennai ranges between ₹10.0 Lakhs to ₹13.5 Lakhs for experience between 7 years to 16 years. According to our estimates it is 3% less 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 Chennai.

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

The average salary of a Area Credit Manager at Cholamandalam Investment & Finance is 3% less than the average salary of a Area Credit Manager in Chennai. 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 Chennai.

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

Tata Capital Area Credit Manager Salary - ₹12.2 Lakhs to ₹19.5 Lakhs per year
HDFC Bank Area Credit Manager Salary - ₹8.0 Lakhs to ₹22.0 Lakhs per year
Axis Bank Area Credit Manager Salary - ₹8.0 Lakhs to ₹18.2 Lakhs per year
L&T Finance Area Credit Manager Salary - ₹10.3 Lakhs to ₹13.9 Lakhs per year

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

ICICI Bank Area Credit Manager Salary - ₹6.1 Lakhs to ₹18.0 Lakhs per year
Bajaj Finserv Area Credit Manager Salary - ₹6.5 Lakhs to ₹12.0 Lakhs per year
Mahindra Finance Area Credit Manager Salary - ₹5.5 Lakhs to ₹14.0 Lakhs per year

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

The estimated take-home salary of a Area Credit Manager at Cholamandalam Investment & Finance ranges between ₹88,806 per month to ₹91,138 per month in Chennai. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Area Credit Manager salary in India which ranges between ₹10.0 Lakhs to ₹13.5 Lakhs per year for employees with experience between 7 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 in Chennai?

According to AmbitionBox, 75% of the Cholamandalam Investment & Finance Area Credit Managers in Chennai reported a notice period of 3 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Area Credit Manager Salaries in Chennai

Cholamandalam Investment & Finance Area Credit Manager salary in Chennai ranges between ₹10 Lakhs to ₹13.5 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 Chennai

Companies similar to Cholamandalam Investment & Finance for Area Credit Manager in Chennai

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

Experience wise Cholamandalam Investment & Finance Area Credit Manager salaries in Chennai

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.