Cholamandalam Investment & Finance Area Credit Operations Manager Salaries by 100+ Employees (Updated 2025)

5 - 16 years exp.

₹5.8 Lakhs - ₹15 Lakhs

Salary of majority employees

Fixed (86%)

₹8.1 Lakhs

Variable (14%)

₹1.4 Lakh

At par with the average Area Credit Operations Manager Salary in Financial Services Companies for 5 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Credit Operations Manager Salary 6 - 16 years exp. (42 salaries)	₹6.2 L/yr - ₹15 L/yr
Finance & Accounting Area Credit Operations Manager Salary 5 - 16 years exp. (37 salaries)	₹5.8 L/yr - ₹15 L/yr
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Risk Management & Compliance Area Credit Operations Manager Salary 8 - 13 years exp. (19 salaries)	₹7.4 L/yr - ₹12.5 L/yr
Customer Success, Service & Operations Area Credit Operations Manager Salary 11 - 16 years exp. (3 salaries)	₹8.1 L/yr - ₹9.8 L/yr

Last Updated: 1 Mar 2025

Companies similar to Cholamandalam Investment & Finance for Area Credit Operations Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Area Credit Operations Manager Salary 7 - 12 years exp. (7 salaries)	₹8 L/yr - ₹14 L/yr 20% more
Bajaj Finserv Area Credit Operations Manager Salary 9 - 12 years exp. (4 salaries)	₹9.7 L/yr - ₹13 L/yr 5% more
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Carborundum Universal Limited Area Credit Operations Manager Salary 7 - 10 years exp. (6 salaries)	₹6 L/yr - ₹19 L/yr 18% more
Indian School Finance Company Area Credit Operations Manager Salary 9 - 11 years exp. (5 salaries)	₹3.6 L/yr - ₹5 L/yr 51% less
CIFCL Area Credit Operations Manager Salary 12 - 16 years exp. (4 salaries)	₹7.7 L/yr - ₹9.8 L/yr 11% less

Area Credit Operations Manager salary at Cholamandalam Investment & Finance ranges between ₹5.8 Lakhs to ₹15 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 137 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Area Credit Operations Manager salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
5 years (8 salaries)	₹7 L/yr - ₹9.2 L/yr
6 years (5 salaries)	₹6 L/yr - ₹9.5 L/yr
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7 years (7 salaries)	₹6.2 L/yr - ₹10 L/yr
8 years (16 salaries)	₹5.8 L/yr - ₹13.2 L/yr
9 years (14 salaries)	₹7.8 L/yr - ₹14 L/yr
10 years (25 salaries)	₹6.5 L/yr - ₹15 L/yr
11 years (14 salaries)	₹7 L/yr - ₹13.2 L/yr
12 years (14 salaries)	₹6 L/yr - ₹13.5 L/yr
13 years (13 salaries)	₹8.2 L/yr - ₹14.5 L/yr
14 years (6 salaries)	₹6.9 L/yr - ₹10.8 L/yr
15+ years (15 salaries)	₹6.6 L/yr - ₹15 L/yr

View all

Similar Designation salaries in Cholamandalam Investment & Finance

Credit Relationship Manager Salary

(20 salaries)

₹3.12 L/yr - ₹4 L/yr

Area Credit Manager Salary

(251 salaries)

₹6.18 L/yr - ₹20 L/yr

Zonal Credit Manager Salary

(10 salaries)

₹44.5 L/yr - ₹61 L/yr

Branch Credit Manager Salary

(327 salaries)

₹2.5 L/yr - ₹9.98 L/yr

Credit Manager Salary

(155 salaries)

₹2 L/yr - ₹10.06 L/yr

Cluster Credit Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Assistant Credit Manager Salary

(7 salaries)

₹2 L/yr - ₹5.8 L/yr

Deputy Credit Manager Salary

(12 salaries)

₹2 L/yr - ₹10.71 L/yr

Regional Credit Manager Salary

(63 salaries)

₹10 L/yr - ₹32 L/yr

Relationship Manager Salary

(173 salaries)

₹2 L/yr - ₹6.3 L/yr

Top skills at Cholamandalam Investment & Finance for Area Credit Operations Manager

Credit Operations Operations Credit Management Credit Appraisal Credit Credit Underwriting Vehicle Finance Credit Analysis Beverage Team Handling Risk Analysis Secured Loan Credit Analysis EPF Operations Management

Salary related reviews for Cholamandalam Investment & Finance

4.1

Rated by 18 employees for salary & benefits

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

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

Credit Analyst in Jaipur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 15 Aug 2023

3.0

for Salary and Benefits

Likes

Good company as compare to other NBC Salary is not as level No work life balance You have to work for 24 hr Join office early at 9 am leave office after 8 pm After that they will call you at home to work from home after 8pm Very bad working culture specially if you are working in unsecured loan department that is CSEL DEPARTMENT

Dislikes

Please don't join in CSEL in cholamandalam investment and finance company

Skill development - Poor

+2 more

Officer in Mysuru / Mysore

Full Time

Finance & Accounting Department

5.0

• posted on 21 Dec 2023

2.0

for Salary and Benefits

Likes

I am always like chola

Skill development - Excellent

+2 more

Dislikes

... to give promotion to the employees who have worked for many years in our Chola. Again, he failed to increase the salary. Some managers use bad words.

Salary - Poor

+3 more

Officer in Mp3

Full Time

Other Department

2.0

• posted on 18 Feb 2024

2.0

for Salary and Benefits

Likes

... any executive to move any other company. Also not give promotion to executive. Only they increase salary by 500-1300 yearly only after they get to know, you think yo switch other company.

Dislikes

Same as above. Not recommended if you are futuristic and need growth in career.

Salary - Poor

+4 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

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 Operations Manager Salary FAQs

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

Area Credit Operations Manager salary at Cholamandalam Investment & Finance in India ranges between ₹5.8 Lakhs to ₹15.0 Lakhs for experience between 5 years to 16 years. According to our estimates it is 1% less than the average Area Credit Operations Manager Salary in India. Salary estimates are based on 137 latest salaries received from various employees of Cholamandalam Investment & Finance India.

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

The average salary of a Area Credit Operations Manager at Cholamandalam Investment & Finance is 1% less than the average salary of a Area Credit Operations Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Area Credit Operations Manager at Cholamandalam Investment & Finance?

Credit Operations, Operations, Credit Management, Credit Appraisal and Credit are some of the popular skills required to work as a Area Credit Operations Manager at Cholamandalam Investment & Finance India.

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

Bajaj Finance Area Credit Operations Manager Salary - ₹8.0 Lakhs to ₹14.0 Lakhs per year
Carborundum Universal Limited Area Credit Operations Manager Salary - ₹6.0 Lakhs to ₹19.0 Lakhs per year
Bajaj Finserv Area Credit Operations Manager Salary - ₹9.7 Lakhs to ₹13.0 Lakhs per year

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

CIFCL Area Credit Operations Manager Salary - ₹7.7 Lakhs to ₹9.8 Lakhs per year
Indian School Finance Company Area Credit Operations Manager Salary - ₹3.6 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Area Credit Operations Manager at Cholamandalam Investment & Finance ranges between ₹69,019 per month to ₹70,791 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Area Credit Operations Manager salary in India which ranges between ₹5.8 Lakhs to ₹15.0 Lakhs per year for employees with experience between 5 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Operations Manager at Cholamandalam Investment & Finance?

According to AmbitionBox, 86% of the Cholamandalam Investment & Finance Area Credit Operations Managers reported a notice period of 3 Months, 7% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 134 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Area Credit Operations Manager Salaries

Cholamandalam Investment & Finance Area Credit Operations Manager salary in India ranges between ₹5.8 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 137 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

Cholamandalam Investment & Finance Area Credit Operations Manager salaries in India (Updated 2025)

Companies similar to Cholamandalam Investment & Finance for Area Credit Operations Manager

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

Experience wise Cholamandalam Investment & Finance Area Credit Operations Manager salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Top skills at Cholamandalam Investment & Finance for Area Credit Operations Manager

Salary related reviews for Cholamandalam Investment & Finance

Relationship Manager in Ranchi

Area Credit Manager in Barwani

Credit Analyst in Jaipur

Officer in Mysuru / Mysore

Officer in Mp3

Cholamandalam Investment & Finance Area Credit Operations Manager Salary FAQs

Tell us how to improve this page.

Cholamandalam Investment & Finance Area Credit Operations Manager Salaries by Location