Cholamandalam Investment & Finance Mumbai Area Legal Manager Salaries by 4 Employees

6 - 11 years exp.

₹5 Lakhs - ₹9.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

12% more than the average Area Legal Manager Salary in Financial Services Companies for 6 - 11 years of experience

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Last Updated: 30 Aug 2024

Companies similar to Cholamandalam Investment & Finance for Area Legal Manager in Mumbai

Cholamandalam Investment & Finance Area Legal Manager Salary

6 - 11 years exp. (4 salaries)

₹5 L/yr - ₹9.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Piramal Capital Housing Finance Area Legal Manager Salary 4 - 16 years exp. (7 salaries)	₹7 L/yr - ₹17 L/yr 48% more
Mahindra Finance Area Legal Manager Salary 1 - 10 years exp. (3 salaries)	₹2.8 L/yr - ₹7.7 L/yr 35% less	2 job openings
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Bajaj Finance Area Legal Manager Salary 8 - 10 years exp. (3 salaries)	₹7.1 L/yr - ₹13.2 L/yr 59% more	1 job opening

Area Legal Manager salary at Cholamandalam Investment & Finance ranges between ₹5 Lakhs to ₹9.8 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Area Legal Manager salaries in Mumbai

Last Updated: 30 Aug 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
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8 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.3 L/yr
9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.5 L/yr
10 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
11 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr

View all

Similar Designation salaries in Cholamandalam Investment & Finance

Regional Legal Manager Salary

(4 salaries)

₹20.5 L/yr - ₹22.57 L/yr

Deputy Manager Salary

(3 salaries)

₹3 L/yr - ₹7.95 L/yr

Top skills at Cholamandalam Investment & Finance for Area Legal Manager

Legal Documentation Litigation Loan Recovery Legal Compliance Vehicle Finance Debt Recovery Legal Collections Beverage Civil Law Result Oriented Legal Compliance Arbitration solid Legal

Salary related reviews for Cholamandalam Investment & Finance

5.0

Rated by 1 employees for salary & benefits

Regional Legal Manager in Mumbai

Full Time

Legal & Regulatory Department

4.0

• posted on 04 Jan 2025

5.0

for Salary and Benefits

Likes

Company compensation is good and appraisal are excellent. You get freedom to do whatever you want to until you are justifying the companies interest.

Salary - Excellent

+4 more

Dislikes

Just some people don't know how to collaborate with people, they are just interested in playing dirty politics to show Management how better are they from other people. Senior people get easily influenced by others and make their opinion about sincere peoples.

Associate Manager in Jajapur

Full Time

Sales & Business Development Department

2.0

• posted on 02 Apr 2025

1.0

for Salary and Benefits

Likes

GOOD SOP

Dislikes

...o take credits but not helping juniors. Emi funding is very bad at this company. You have to pay if customer is not paying and no one cares if you pay and that not recovered

Salary - Bad

+4 more

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

Area Collection Manager in Udaipur (working remotely)

Full Time

Finance & Accounting Department

3.0

• posted on 30 Jan 2025

4.0

for Salary and Benefits

Likes

Not much but salary comparison is little high than industry

Salary - Good

+1 more

Dislikes

It should improve employee welfare calture no weekly off no leave, if on leave have to attend con call . Worst culture of any time con call. Early morning 6 o clock late evening after 8 o clock con call No personal life, working on weekends and even on Sunday. Public holidays are in calendar only . No festival leave Lots of parameters which are useless . Penetration of separation is high. Apologise to write with personal experience

Work satisfaction - Poor

+2 more

Credit Operation Executive in Margherita

Full Time

Finance & Accounting Department

3.0

• posted on 06 Nov 2024

3.0

for Salary and Benefits

Likes

Salary get credited on time. Moreover, the increment process is done by one's yearly performance.

Skill development - Good

+1 more

Dislikes

No time for home, we have to have to work like cow. We come to office at 9:00 am and no time to return home. Abusing words by seniors. Even if we take leave we are being called and asked to do complete the task. Lots of uneducated/unskilled person getting a big sum of money.

Promotions - Poor

+3 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 Legal Manager Salary FAQs

What is the salary of Area Legal Manager at Cholamandalam Investment & Finance in Mumbai?

The average salary of a Area Legal Manager at Cholamandalam Investment & Finance in Mumbai typically ranges from ₹5.0 Lakhs to ₹9.8 Lakhs per year, depending on experience (from 6 years to 11 years).

The top 10% of Area Legal Manager in Mumbai at Cholamandalam Investment & Finance earn more than ₹9.8 Lakhs per year, and the top 1% earn over ₹9.8 Lakhs per year. Area Legal Manager 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 4 Cholamandalam Investment & Finance employees in India.

What is the estimated take home salary of a Area Legal Manager at Cholamandalam Investment & Finance in Mumbai?

The estimated take-home salary of a Area Legal Manager at Cholamandalam Investment & Finance in Mumbai typically ranges from ₹58,520 to ₹59,995 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹9.8 Lakhs per year for employees with experience ranging from 6 years to 11 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 4 salaries received from various employees of Cholamandalam Investment & Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Area Legal Manager at Cholamandalam Investment & Finance in Mumbai?

To be a Area Legal Manager at Cholamandalam Investment & Finance in Mumbai, the key skills required include:

- Legal Documentation
- Litigation
- Loan Recovery
- Legal Compliance
- Vehicle Finance

These skills are highly valued at Cholamandalam Investment & Finance and are crucial for successful performance in a Software Engineering role.

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

Bajaj Finance	₹7.1 Lakhs to ₹13.2 Lakhs per year
Piramal Capital Housing Finance	₹7.0 Lakhs to ₹17.0 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.

What is the salary of a Area Legal Manager in companies similar to Cholamandalam Investment & Finance in Mumbai?

The salary of a Area Legal Manager at companies similar to Cholamandalam Investment & Finance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra Finance

₹2.8 Lakhs to ₹7.7 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
6 years	₹6.8 Lakhs to ₹8.7 Lakhs per year
7 years	₹7.0 Lakhs to ₹9.0 Lakhs per year
8 years	₹7.2 Lakhs to ₹9.3 Lakhs per year
9 years	₹7.5 Lakhs to ₹9.5 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Area Legal Manager Salaries in Mumbai

Cholamandalam Investment & Finance Area Legal Manager salary in Mumbai ranges between ₹5 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.