Cholamandalam Investment & Finance Salem Area Credit Manager Salaries by 3 Employees

12 - 14 years exp.

₹8.6 Lakhs - ₹11.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

14% 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)	₹8.6 L/yr - ₹11.5 L/yr
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Finance & Accounting Area Credit Manager Salary 12 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11.1 L/yr

Last Updated: 31 Dec 2024

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

Cholamandalam Investment & Finance Area Credit Manager Salary

12 - 14 years exp. (3 salaries)

₹8.6 L/yr - ₹11.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Veritas Finance Area Credit Manager Salary 5 - 12 years exp. (5 salaries)	₹6 L/yr - ₹8 L/yr 36% less
Axis Bank Area Credit Manager Salary 10 - 13 years exp. (5 salaries)	₹12 L/yr - ₹17.3 L/yr 38% more
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Kotak Mahindra Bank Area Credit Manager Salary 7 - 12 years exp. (3 salaries)	₹6.8 L/yr - ₹11.6 L/yr 2% less
CreditAccess Grameen Area Credit Manager Salary 10 - 11 years exp. (3 salaries)	₹4.6 L/yr - ₹9.7 L/yr 22% less

Area Credit Manager salary at Cholamandalam Investment & Finance ranges between ₹8.6 Lakhs to ₹11.3 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.

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

Last Updated: 31 Dec 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
13 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.8 L/yr
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14 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr

Top skills at Cholamandalam Investment & Finance for Area Credit Manager

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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.

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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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Cholamandalam Investment & Finance Area Credit Manager Salary FAQs

How the salary growth look like for a Area Credit Manager at Cholamandalam Investment & Finance in Salem?

The salary growth for a Area Credit Manager at Cholamandalam Investment & Finance in Salem depends on factors such as experience, performance, and promotions. On average, a Area Credit Manager in Salem can expect the following growth trajectory at Cholamandalam Investment & Finance:

Experience	Average Salary Range
12 years	₹10.0 Lakhs to ₹12.8 Lakhs per year
13 years	₹10.1 Lakhs to ₹12.8 Lakhs per year
14 years	₹10.1 Lakhs to ₹12.9 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Area Credit Manager Salaries in Salem

Cholamandalam Investment & Finance Area Credit Manager salary in Salem ranges between ₹8.6 Lakhs to ₹11.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.