Cholamandalam Investment & Finance Area Manager Salaries by 70+ Employees (Updated 2025)

7 - 20 years exp.

₹5.1 Lakhs - ₹16.5 Lakhs

Salary of majority employees

Fixed (85%)

₹8.5 Lakhs

Variable (15%)

₹1.4 Lakh

At par with the average Area Manager Salary in Financial Services Companies for 7 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 8 - 20 years exp. (19 salaries)	₹5.1 L/yr - ₹15.2 L/yr
Finance & Accounting Area Manager Salary 10 - 19 years exp. (17 salaries)	₹6 L/yr - ₹14.5 L/yr
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Sales & Business Development Area Manager Salary 7 - 15 years exp. (11 salaries)	₹6.3 L/yr - ₹15.3 L/yr

Last Updated: 13 Feb 2025

Companies similar to Cholamandalam Investment & Finance for Area Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Area Manager Salary 5 - 16 years exp. (115 salaries)	₹5 L/yr - ₹14.5 L/yr 7% more
HDFC Bank Area Manager Salary 6 - 18 years exp. (84 salaries)	₹4.7 L/yr - ₹19.7 L/yr 15% more
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Mahindra Finance Area Manager Salary 4 - 19 years exp. (96 salaries)	₹3.1 L/yr - ₹12.5 L/yr 23% less
Tata Capital Area Manager Salary 7 - 16 years exp. (7 salaries)	₹3.7 L/yr - ₹11.9 L/yr 16% less	2 job openings
Muthoot Finance Area Manager Salary 10 - 18 years exp. (6 salaries)	₹3.5 L/yr - ₹8.8 L/yr 41% less
Bajaj Finserv Area Manager Salary 4 - 13 years exp. (219 salaries)	₹4 L/yr - ₹16 L/yr 2% less
Motilal Oswal Financial Services Area Manager Salary 0 - 9 years exp. (194 salaries)	₹3.3 L/yr - ₹7.8 L/yr 40% less
HDFC Sales Area Manager Salary 8 - 16 years exp. (134 salaries)	₹3.8 L/yr - ₹12 L/yr 17% less
Aditya Birla Capital Area Manager Salary 1 - 10 years exp. (33 salaries)	₹5 L/yr - ₹12.5 L/yr 20% less
L&T Finance Area Manager Salary 5 - 12 years exp. (35 salaries)	₹4.9 L/yr - ₹14.8 L/yr 16% less
Edelweiss Area Manager Salary 7 - 20 years exp. (25 salaries)	₹7 L/yr - ₹14 L/yr 14% more
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Reliance Capital Area Manager Salary 8 - 19 years exp. (13 salaries)	₹7 L/yr - ₹17.6 L/yr 23% more
Citicorp Area Manager Salary 3 - 13 years exp. (7 salaries)	₹12.5 L/yr - ₹15 L/yr 41% more
Shriram Finance Area Manager Salary 2 - 19 years exp. (6 salaries)	₹3 L/yr - ₹9 L/yr 42% less
American Express Area Manager Salary 2 - 6 years exp. (3 salaries)	₹2.2 L/yr - ₹3 L/yr 72% less
JPMorgan Chase & Co. Area Manager Salary 0 - 5 years exp. (3 salaries)	₹12 L/yr - ₹30 L/yr 122% more

Area Manager salary at Cholamandalam Investment & Finance ranges between ₹5.1 Lakhs to ₹16.5 Lakhs per year for employees with experience between 7 years to 20 years. Salary estimates are based on 72 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Area Manager salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
7 years (6 salaries)	₹6.3 L/yr - ₹9.6 L/yr
8 years (5 salaries)	₹6.3 L/yr - ₹13.3 L/yr
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9 years (4 salaries)	₹6.6 L/yr - ₹11 L/yr
10 years (8 salaries)	₹6 L/yr - ₹13.6 L/yr
11 years (7 salaries)	₹5.1 L/yr - ₹13 L/yr
12 years (4 salaries)	₹8 L/yr - ₹14.5 L/yr
13 years (9 salaries)	₹6 L/yr - ₹12 L/yr
14 years (8 salaries)	₹6 L/yr - ₹11.4 L/yr
15+ years (21 salaries)	₹7.6 L/yr - ₹16.5 L/yr

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From

Area Manager

7 - 20 years exp.

Regional Sales Manager

₹

Lakhs/yr

11 - 23 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Cholamandalam Investment & Finance

Sales Manager Salary

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Cluster Manager Salary

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₹9.59 L/yr - ₹13 L/yr

Deputy Manager Salary

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₹1.8 L/yr - ₹10.24 L/yr

Regional Manager Salary

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₹11.55 L/yr - ₹29 L/yr

Marketing Manager Salary

(4 salaries)

₹2 L/yr - ₹6 L/yr

Business Manager Salary

(4 salaries)

₹5 L/yr - ₹10.2 L/yr

Territory Manager Salary

(4 salaries)

₹2.4 L/yr - ₹4.5 L/yr

Team Lead Salary

(97 salaries)

₹1.95 L/yr - ₹5.5 L/yr

Salary related reviews for Cholamandalam Investment & Finance

3.9

Rated by 27 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 Manager Salary FAQs

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

Area Manager salary at Cholamandalam Investment & Finance in India ranges between ₹5.1 Lakhs to ₹16.5 Lakhs for experience between 7 years to 20 years. According to our estimates it is 4% more than the average Area Manager Salary in India. Salary estimates are based on 72 latest salaries received from various employees of Cholamandalam Investment & Finance India.

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

The average salary of a Area Manager at Cholamandalam Investment & Finance is 4% more than the average salary of a Area Manager in India. To know exact salary insights, login to view.

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

JPMorgan Chase & Co. Area Manager Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
Citicorp Area Manager Salary - ₹12.5 Lakhs to ₹15.0 Lakhs per year
Reliance Capital Area Manager Salary - ₹7.0 Lakhs to ₹17.6 Lakhs per year
HDFC Bank Area Manager Salary - ₹4.7 Lakhs to ₹19.7 Lakhs per year
Edelweiss Area Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year

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

Bajaj Finance Area Manager Salary - ₹5.0 Lakhs to ₹14.5 Lakhs per year
Bajaj Finserv Area Manager Salary - ₹4.0 Lakhs to ₹16.0 Lakhs per year
Tata Capital Area Manager Salary - ₹3.7 Lakhs to ₹11.9 Lakhs per year
L&T Finance Area Manager Salary - ₹4.9 Lakhs to ₹14.8 Lakhs per year
HDFC Sales Area Manager Salary - ₹3.8 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Area Manager at Cholamandalam Investment & Finance ranges between ₹71,718 per month to ₹73,566 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Area Manager salary in India which ranges between ₹5.1 Lakhs to ₹16.5 Lakhs per year for employees with experience between 7 years to 20 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 74% of the Cholamandalam Investment & Finance Area Managers reported a notice period of 3 Months, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 57 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Area Manager Salaries

Cholamandalam Investment & Finance Area Manager salary in India ranges between ₹5.1 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 72 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

Cholamandalam Investment & Finance Area Manager salaries in India

Companies similar to Cholamandalam Investment & Finance for Area Manager

Latest annual salaries shared by Cholamandalam Investment & Finance Area Manager

Experience wise Cholamandalam Investment & Finance Area Manager salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Salary related reviews for Cholamandalam Investment & Finance

Relationship Manager in Ranchi

Senior Sales Officer in Mumbai

Area Sales Manager in Patna

Area Sales Manager in Patna

Area Sales Manager in Jalgaon

Cholamandalam Investment & Finance Area Manager Salary FAQs

Tell us how to improve this page.

Cholamandalam Investment & Finance Area Manager Salaries by Location