Cholamandalam Investment & Finance Area Head Salaries by 8 Employees

9 - 17 years exp.

₹6.5 Lakhs - ₹9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

17% less than the average Area Head Salary in Financial Services Companies for 9 - 17 years of experience

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Salaries in different departments

Finance & Accounting Area Head Salary 9 - 17 years exp. (4 salaries)	₹6.5 L/yr - ₹8.4 L/yr
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BFSI, Investments & Trading Area Head Salary 10 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹9.2 L/yr

Last Updated: 26 Sep 2024

Companies similar to Cholamandalam Investment & Finance for Area Head

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Capital Area Head Salary 5 - 16 years exp. (26 salaries)	₹5 L/yr - ₹15 L/yr 16% more
Bajaj Finserv Area Head Salary 7 - 15 years exp. (5 salaries)	₹10.9 L/yr - ₹20 L/yr 49% more
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Motilal Oswal Financial Services Area Head Salary 13 - 16 years exp. (4 salaries)	₹7.5 L/yr - ₹22 L/yr 72% more
HDFC Bank Area Head Salary 6 - 18 years exp. (363 salaries)	₹5.2 L/yr - ₹21 L/yr 40% more
Cholamandalam MS General Insurance Area Head Salary 6 - 18 years exp. (253 salaries)	₹4.6 L/yr - ₹16.5 L/yr 10% more

Area Head salary at Cholamandalam Investment & Finance ranges between ₹6.5 Lakhs to ₹9 Lakhs per year for employees with experience between 9 years to 17 years. Salary estimates are based on 8 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Area Head salaries

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
10 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
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11 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.8 L/yr
12 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
13 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
14 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
15+ years (3 salaries)	₹8.4 L/yr - ₹15.8 L/yr

View all

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Salary related reviews for Cholamandalam Investment & Finance

5.0

Rated by 2 employees for salary & benefits

Team Lead in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 19 Feb 2025

4.0

for Salary and Benefits

Likes

On time salary, every year salary increment, bonus, good working environment at local branchs.

Salary - Good

+3 more

Dislikes

Work life balance, something huge pressure, force to work on holiday and Sunday. Working time, as per work salary justification

Company culture - Poor

+1 more

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

Senior Sales Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Mar 2024

1.0

for Salary and Benefits

Likes

Only I like in this company is timely incentive and salary .

Dislikes

Work environment worst , full pressure to sell other products if your background is from loan and they will pressurise you to do collection and sell motor insurance, concall from higher level is very terrible 5-6 con call in a day , bosses doesn't support junior level employees always pressurise them no job time they will tell you should work from 9 am in the morning and no time till night . Very bad company.

Salary - Bad

+6 more

Area Sales Manager in Patna

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Jul 2023

3.0

for Salary and Benefits

Likes

Not Very Good But Satisfactory Salary Compensation

Dislikes

No holidays, You have to work all 7 days a week but as per HR attendance system they mark your attendance 5 days rest 2 days (Saturday & Sunday) are weekly off. Working hours starts early morning from 6 am and there is no fixed time to return back to home. Apart from these if you are in recovery department and if your targets were getting short then you will be forced by seniors to get it achieved through you salary.like this there are many more things which are wrong in this organisation specially in Bihar & Jharkhand.

Skill development - Bad

+4 more

Area Sales Manager in Patna

Full Time

Finance & Accounting Department

2.0

• posted on 06 Sep 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Salary - Good

Dislikes

Working 7 days a week No holiday Self funding for reducing NPA Senior talking in abusing language Down the line they treat as slave and people working here for Pvt Gift volunteer and incentive

Skill development - Bad

+5 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Cholamandalam Investment & Finance Area Head Salary FAQs

What is the salary of Area Head at Cholamandalam Investment & Finance ?

The average salary of a Area Head at Cholamandalam Investment & Finance in India typically ranges from ₹6.5 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 9 years to 17 years).

The top 10% of Area Head at Cholamandalam Investment & Finance earn more than ₹8.8 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Area Head Salaries at Cholamandalam Investment & Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 8 Cholamandalam Investment & Finance employees in India.

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

The estimated take-home salary of a Area Head at Cholamandalam Investment & Finance in India typically ranges from ₹62,212 to ₹63,791 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 9 years to 17 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 8 salaries received from various employees of Cholamandalam Investment & Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Cholamandalam Investment & Finance for Area Head in India?

Motilal Oswal Financial Services	₹7.5 Lakhs to ₹22.0 Lakhs per year
Bajaj Finserv	₹10.9 Lakhs to ₹20.0 Lakhs per year
HDFC Bank	₹5.2 Lakhs to ₹21.0 Lakhs per year
Aditya Birla Capital	₹5.0 Lakhs to ₹15.0 Lakhs per year
Cholamandalam MS General Insurance	₹4.6 Lakhs to ₹16.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Cholamandalam Investment & Finance, depending on the role and experience level.

How the salary growth look like for a Area Head at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
9 years	₹7.5 Lakhs to ₹9.6 Lakhs per year
10 years	₹7.6 Lakhs to ₹9.7 Lakhs per year
11 years	₹7.6 Lakhs to ₹9.8 Lakhs per year
12 years	₹7.7 Lakhs to ₹9.8 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Area Head Salaries

Cholamandalam Investment & Finance Area Head salary in India ranges between ₹6.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.