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4.0

based on 4.1k Reviews

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Cholamandalam Investment & Finance Area Credit Manager salaries in Mumbai

Annual salary range
7 - 14 years exp.
₹9.1 Lakhs - ₹16.5 Lakhs
Salary of majority employees
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6% less than the average Area Credit Manager Salary in Financial Services Companies for 7 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Credit Manager Salary
7 - 14 years exp. (7 salaries)
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₹11.5 L/yr - ₹16.5 L/yr

Finance & Accounting
Area Credit Manager Salary
13 years exp. (AmbitionBox Estimate)
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₹9.1 L/yr - ₹11.1 L/yr

Last Updated: 5 Jul 2024

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

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Cholamandalam Investment & Finance Area Credit Manager Salary

7 - 14 years exp. (9 salaries)
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₹9.1 L/yr - ₹16.5 L/yr

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

6 - 16 years exp. (27 salaries)
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₹7.5 L/yr - ₹26 L/yr

arrow icon 54% more
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Bajaj Finance Area Credit Manager Salary

2 - 8 years exp. (4 salaries)
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₹9.5 L/yr - ₹10.6 L/yr

arrow icon 13% less
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ICICI Bank Area Credit Manager Salary

1 - 13 years exp. (44 salaries)
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₹5.2 L/yr - ₹19 L/yr

arrow icon 5% more
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Axis Bank Area Credit Manager Salary

6 - 13 years exp. (26 salaries)
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₹9.6 L/yr - ₹22.8 L/yr

arrow icon 26% more
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Kotak Mahindra Bank Area Credit Manager Salary

4 - 10 years exp. (15 salaries)
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₹7 L/yr - ₹18 L/yr

arrow icon 17% more
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Tata Capital Area Credit Manager Salary

3 - 13 years exp. (21 salaries)
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₹10.4 L/yr - ₹30 L/yr

arrow icon 62% more
 26 job openings
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L&T Finance Area Credit Manager Salary

3 - 13 years exp. (37 salaries)
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₹8 L/yr - ₹20 L/yr

arrow icon 9% more
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Aditya Birla Capital Area Credit Manager Salary

7 - 11 years exp. (7 salaries)
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₹10 L/yr - ₹16 L/yr

arrow icon 20% more
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Edelweiss Area Credit Manager Salary

4 - 11 years exp. (6 salaries)
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₹10 L/yr - ₹15.1 L/yr

arrow icon 8% more
Area Credit Manager salary at Cholamandalam Investment & Finance ranges between ₹9.1 Lakhs to ₹16.5 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 9 latest salaries received from various employees of Cholamandalam Investment & Finance.

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

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11 years exp.
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13 years exp.
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10 years exp.
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8 years exp.
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10 years exp.
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14 years exp.
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7 years exp.

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

Last Updated: 5 Jul 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹14 L/yr
8 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹14 L/yr
9 years (AmbitionBox Estimate)

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₹10.7 L/yr - ₹13.6 L/yr
10 years  (3 salaries)

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₹11.5 L/yr - ₹16.5 L/yr
11 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹16.5 L/yr
View all

Similar Designation salaries in Cholamandalam Investment & Finance

Sales Manager Salary
(5 salaries)
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₹3.1 L/yr - ₹4.67 L/yr
Regional Credit Manager Salary
(4 salaries)
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₹20 L/yr - ₹30 L/yr
Credit Manager Salary
(3 salaries)
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₹5 L/yr - ₹10.5 L/yr
Zonal Credit Manager Salary
(3 salaries)
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₹44.5 L/yr - ₹49.17 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 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.

read more

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.

read 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.

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

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

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
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a technical project manager
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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 Mumbai?
Area Credit Manager salary at Cholamandalam Investment & Finance in Mumbai ranges between ₹9.1 Lakhs to ₹16.5 Lakhs for experience between 7 years to 14 years. According to our estimates it is 6% less than the average Area Credit Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Cholamandalam Investment & Finance Mumbai.
How does the salary of a Area Credit Manager at Cholamandalam Investment & Finance Mumbai compare with the average salary range for this job?
The average salary of a Area Credit Manager at Cholamandalam Investment & Finance is 6% less than the average salary of a Area Credit Manager in Mumbai. 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 Mumbai.
Which similar companies are paying more than Cholamandalam Investment & Finance to a Area Credit Manager in Mumbai?
  • Tata Capital Area Credit Manager Salary - ₹10.4 Lakhs to ₹30.0 Lakhs per year
  • HDFC Bank Area Credit Manager Salary - ₹7.5 Lakhs to ₹26.0 Lakhs per year
  • Axis Bank Area Credit Manager Salary - ₹9.6 Lakhs to ₹22.8 Lakhs per year
  • Aditya Birla Capital Area Credit Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
  • Kotak Mahindra Bank Area Credit Manager Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
What is the salary of a Area Credit Manager in companies similar to Cholamandalam Investment & Finance in Mumbai?
  • L&T Finance Area Credit Manager Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year
  • Edelweiss Area Credit Manager Salary - ₹10.0 Lakhs to ₹15.1 Lakhs per year
  • ICICI Bank Area Credit Manager Salary - ₹5.2 Lakhs to ₹19.0 Lakhs per year
  • Bajaj Finance Area Credit Manager Salary - ₹9.5 Lakhs to ₹10.6 Lakhs per year
What is the estimated take home salary of a Area Credit Manager at Cholamandalam Investment & Finance in Mumbai?
The estimated take-home salary of a Area Credit Manager at Cholamandalam Investment & Finance ranges between ₹85,343 per month to ₹87,576 per month in Mumbai. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Area Credit Manager salary in India which ranges between ₹9.1 Lakhs to ₹16.5 Lakhs per year for employees with experience between 7 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Area Credit Manager at Cholamandalam Investment & Finance in Mumbai?
According to AmbitionBox, 75% of the Cholamandalam Investment & Finance Area Credit Managers in Mumbai reported a notice period of 3 Months, 13% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Cholamandalam Investment & Finance Area Credit Manager salary in Mumbai ranges between ₹9.1 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.