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3.9

based on 4.5k Reviews

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Cholamandalam Investment & Finance Area Credit Manager salaries in Salem

Annual salary range
12 - 14 years exp.
₹8.6 Lakhs - ₹11.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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15% less than the average Area Credit Manager Salary in Financial Services Companies for 12 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Credit Manager Salary
13 - 14 years exp. (AmbitionBox Estimate)
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₹8.6 L/yr - ₹11.8 L/yr

Finance & Accounting
Area Credit Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹11.3 L/yr

Last Updated: 31 Dec 2024

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

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Cholamandalam Investment & Finance Area Credit Manager Salary

12 - 14 years exp. (3 salaries)
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₹8.6 L/yr - ₹11.6 L/yr

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

10 - 13 years exp. (5 salaries)
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₹12 L/yr - ₹17.3 L/yr

arrow icon 36% more
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Kotak Mahindra Bank Area Credit Manager Salary

7 - 12 years exp. (3 salaries)
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₹6.8 L/yr - ₹17.1 L/yr

arrow icon 34% more
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Veritas Finance Area Credit Manager Salary

5 - 12 years exp. (5 salaries)
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₹6 L/yr - ₹8 L/yr

arrow icon 36% less
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CreditAccess Grameen Area Credit Manager Salary

10 - 11 years exp. (3 salaries)
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₹4.7 L/yr - ₹9.7 L/yr

arrow icon 25% less

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Area Credit Manager salary at Cholamandalam Investment & Finance ranges between ₹8.6 Lakhs to ₹11.6 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of Cholamandalam Investment & Finance.

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

2mo ago
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14 years exp.
3mo ago
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12 years exp.
9mo ago
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13 years exp.

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

Last Updated: 31 Dec 2024

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹9 L/yr - ₹20.2 L/yr
13 years (AmbitionBox Estimate)

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₹8.6 L/yr - ₹20.3 L/yr
14 years (AmbitionBox Estimate)

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₹8.6 L/yr - ₹20.5 L/yr

Similar Designation salaries in Cholamandalam Investment & Finance

Branch Credit Manager Salary
(6 salaries)
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₹5.29 L/yr - ₹7.25 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

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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What people are saying about Cholamandalam Investment & Finance

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a head branch credit ops
1w
Career Suggestions.
I am a Credit Officer working in a NBFC Company since last 5 years. In the last 5 years of my period I have gathered lots of experience in the field of Finance. But the biggest concern is though I gathered a lot of experience my CTC is 3.0 LPA. Though I got the opportunity to swap my company. I am confused about what I do. Please advise?
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Cholamandalam Investment & Finance Area Credit Manager Salary FAQs

What is the notice period for Area Credit Manager at Cholamandalam Investment & Finance in Salem?
According to AmbitionBox, 100% of the Cholamandalam Investment & Finance Area Credit Managers in Salem reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Area Credit Manager salary in Salem ranges between ₹8.6 Lakhs to ₹11.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.