Cholamandalam Investment & Finance Area Head Salaries by 8 Employees (Updated 2025)

9 - 17 years exp.

₹6.5 Lakhs - ₹9 Lakhs

Low Confidence

Salary of majority employees

16% 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
Bajaj Finance Area Head Salary 5 - 22 years exp. (7 salaries)	₹7.5 L/yr - ₹24 L/yr 60% more
HDFC Bank Area Head Salary 6 - 19 years exp. (365 salaries)	₹5 L/yr - ₹21 L/yr 42% more
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Shriram Finance Area Head Salary 0 - 11 years exp. (5 salaries)	₹3.5 L/yr - ₹15.5 L/yr 6% more
Tata Capital Area Head Salary 16 - 19 years exp. (4 salaries)	₹11 L/yr - ₹26 L/yr 89% more
L&T Finance Area Head Salary 6 - 11 years exp. (4 salaries)	₹5.2 L/yr - ₹19.2 L/yr 40% more
Aditya Birla Capital Area Head Salary 5 - 16 years exp. (26 salaries)	₹5 L/yr - ₹15 L/yr 21% more
Reliance Capital Area Head Salary 8 - 16 years exp. (7 salaries)	₹10.1 L/yr - ₹16 L/yr 54% more
Edelweiss Area Head Salary 6 - 13 years exp. (5 salaries)	₹9.6 L/yr - ₹14 L/yr 43% more
Motilal Oswal Financial Services Area Head Salary 13 - 16 years exp. (4 salaries)	₹7.5 L/yr - ₹22 L/yr 72% 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)	₹6.5 L/yr - ₹15 L/yr
10 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹15.2 L/yr
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11 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹15.3 L/yr
12 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹9 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

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

Area Sales Manager in Jalgaon

Full Time

Sales & Business Development Department

3.0

• posted on 22 Aug 2023

4.0

for Salary and Benefits

Likes

Salary & benefits

Salary - Good

Dislikes

There is no job security and there is lot of politics , can't give time to family while working there Focus on the task at hand and don't put pressure on the cross sell product & other

Job security - Bad

+1 more

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What people are saying about Cholamandalam Investment & Finance

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a senior associate manager

I am 31, started my career as a Credit and operation officer. It's been 3.3 years with CTC of Rs. 2.40 LPA. What should I do?

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Cholamandalam Investment & Finance Area Head Salary FAQs

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

Area Head salary at Cholamandalam Investment & Finance in India ranges between ₹6.5 Lakhs to ₹9.0 Lakhs for experience between 9 years to 17 years. According to our estimates it is 16% less than the average Area Head Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Cholamandalam Investment & Finance India.

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

The average salary of a Area Head at Cholamandalam Investment & Finance is 16% less than the average salary of a Area Head in India. To know exact salary insights, login to view.

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

Tata Capital Area Head Salary - ₹11.0 Lakhs to ₹26.0 Lakhs per year
Motilal Oswal Financial Services Area Head Salary - ₹7.5 Lakhs to ₹22.0 Lakhs per year
Bajaj Finance Area Head Salary - ₹7.5 Lakhs to ₹24.0 Lakhs per year
Reliance Capital Area Head Salary - ₹10.1 Lakhs to ₹16.0 Lakhs per year
Edelweiss Area Head Salary - ₹9.6 Lakhs to ₹14.0 Lakhs per year

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

HDFC Bank Area Head Salary - ₹5.0 Lakhs to ₹21.0 Lakhs per year
L&T Finance Area Head Salary - ₹5.2 Lakhs to ₹19.2 Lakhs per year
Aditya Birla Capital Area Head Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year
Shriram Finance Area Head Salary - ₹3.5 Lakhs to ₹15.5 Lakhs per year

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 ranges between ₹62,212 per month to ₹63,791 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Area Head salary in India which ranges between ₹6.5 Lakhs to ₹9.0 Lakhs per year for employees with experience between 9 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Area Head at Cholamandalam Investment & Finance?

According to AmbitionBox, 86% of the Cholamandalam Investment & Finance Area Heads reported a notice period of 3 Months, 14% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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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.