Cholamandalam Investment & Finance Area Manager Salaries by 60+ Employees (Updated 2025)

7 - 20 years exp.

₹5.1 Lakhs - ₹16.5 Lakhs

Salary of majority employees

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. (18 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. (10 salaries)	₹6.3 L/yr - ₹15.3 L/yr

Last Updated: 20 Mar 2025

Companies similar to Cholamandalam Investment & Finance for Area Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Area Manager Salary 4 - 13 years exp. (231 salaries)	₹4.8 L/yr - ₹15.5 L/yr 1% more
Motilal Oswal Financial Services Area Manager Salary 0 - 8 years exp. (194 salaries)	₹3.3 L/yr - ₹7.8 L/yr 41% less
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HDFC Sales Area Manager Salary 6 - 16 years exp. (136 salaries)	₹3.8 L/yr - ₹14.2 L/yr 19% less
RBL FinServe Area Manager Salary 5 - 15 years exp. (88 salaries)	₹3.9 L/yr - ₹9.6 L/yr 35% less
Aditya Birla Capital Area Manager Salary 1 - 10 years exp. (36 salaries)	₹5 L/yr - ₹12.5 L/yr 22% less
The Muthoot Group Area Manager Salary 9 - 28 years exp. (14 salaries)	₹3.7 L/yr - ₹7.6 L/yr 44% less
Citicorp Area Manager Salary 3 - 13 years exp. (7 salaries)	₹12.5 L/yr - ₹15 L/yr 41% more
M Power Micro Finance Area Manager Salary 11 - 18 years exp. (6 salaries)	₹4.5 L/yr - ₹7 L/yr 38% less	1 job opening
Muthoot Pappachan Group Area Manager Salary 13 - 15 years exp. (4 salaries)	₹4.1 L/yr - ₹5.7 L/yr 54% less
Shriram Group Area Manager Salary 11 - 18 years exp. (4 salaries)	₹7 L/yr - ₹8.5 L/yr 23% less
American Express Area Manager Salary 2 - 6 years exp. (3 salaries)	₹2.2 L/yr - ₹3 L/yr 72% less
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JPMorgan Chase & Co. Area Manager Salary 0 - 5 years exp. (3 salaries)	₹12 L/yr - ₹30 L/yr 121% more
IDFC FIRST Bharat Area Manager Salary 5 - 8 years exp. (3 salaries)	₹3.6 L/yr - ₹7.8 L/yr 47% less

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 69 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Area Manager salaries

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
7 years (6 salaries)	₹6.3 L/yr - ₹9.6 L/yr
8 years (4 salaries)	₹6.3 L/yr - ₹9.5 L/yr
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9 years (3 salaries)	₹9 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 (20 salaries)	₹7.6 L/yr - ₹16.5 L/yr

View all

From

Area Manager

7 - 20 years exp.

Regional Sales Manager

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

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(74 salaries)

₹2 L/yr - ₹9.12 L/yr

Branch Manager Salary

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₹3 L/yr - ₹10.5 L/yr

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₹4.5 L/yr - ₹19.11 L/yr

Cluster Manager Salary

(4 salaries)

₹9.59 L/yr - ₹13 L/yr

Deputy Manager Salary

(163 salaries)

₹1.98 L/yr - ₹9.51 L/yr

Regional Manager Salary

(46 salaries)

₹11.55 L/yr - ₹29.75 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

(102 salaries)

₹1.85 L/yr - ₹5.5 L/yr

Salary related reviews for Cholamandalam Investment & Finance

4.0

Rated by 27 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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Cholamandalam Investment & Finance Area Manager Salary FAQs

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

The average salary of a Area Manager at Cholamandalam Investment & Finance in India typically ranges from ₹5.1 Lakhs to ₹16.5 Lakhs per year, depending on experience (from 7 years to 20 years).

The top 10% of Area Manager at Cholamandalam Investment & Finance earn more than ₹14.1 Lakhs per year, and the top 1% earn over ₹16.3 Lakhs per year. Area 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 60+ Cholamandalam Investment & Finance employees in India.

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 in India typically ranges from ₹71,928 to ₹73,783 per month. This is based on the average salary range of ₹5.1 Lakhs to ₹16.5 Lakhs per year for employees with experience ranging from 7 years to 20 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 60+ 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 Manager in India?

JPMorgan Chase & Co.	₹12.0 Lakhs to ₹30.0 Lakhs per year
Citicorp	₹12.5 Lakhs to ₹15.0 Lakhs per year
Bajaj Finserv	₹4.8 Lakhs to ₹15.5 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.

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

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

HDFC Sales	₹3.8 Lakhs to ₹14.2 Lakhs per year
Aditya Birla Capital	₹5.0 Lakhs to ₹12.5 Lakhs per year
Shriram Group	₹7.0 Lakhs to ₹8.5 Lakhs per year
RBL FinServe	₹3.9 Lakhs to ₹9.6 Lakhs per year
M Power Micro Finance	₹4.5 Lakhs to ₹7.0 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 Manager at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
7 years	₹6.3 Lakhs to ₹9.6 Lakhs per year
8 years	₹6.3 Lakhs to ₹9.5 Lakhs per year
9 years	₹9.0 Lakhs to ₹11.0 Lakhs per year
10 years	₹6.0 Lakhs to ₹13.6 Lakhs per year

and so on.

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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 69 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

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

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

Team Lead in Kolkata

Relationship Manager in Ranchi

Senior Sales Officer in Mumbai

Area Sales Manager in Patna

Area Sales Manager in Patna

Cholamandalam Investment & Finance Area Manager Salary FAQs

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Cholamandalam Investment & Finance Area Manager Salaries by Location