Cholamandalam Investment & Finance Chennai Area Manager Salaries by 4 Employees

16 - 20 years exp.

₹8.1 Lakhs - ₹15.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

8% less than the average Area Manager Salary in Financial Services Companies for 16 - 20 years of experience

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Last Updated: 28 Apr 2023

Companies similar to Cholamandalam Investment & Finance for Area Manager in Chennai

Cholamandalam Investment & Finance Area Manager Salary

16 - 20 years exp. (4 salaries)

₹8.1 L/yr - ₹15.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Area Manager Salary 2 - 6 years exp. (9 salaries)	₹3.8 L/yr - ₹6.6 L/yr 35% less
Bajaj Finserv Area Manager Salary 5 - 12 years exp. (8 salaries)	₹5.5 L/yr - ₹16 L/yr 11% more
Login to view exact salary
HDFC Sales Area Manager Salary 9 - 16 years exp. (7 salaries)	₹6 L/yr - ₹12 L/yr 10% less
ICICI Prudential Life Insurance Area Manager Salary 2 - 16 years exp. (29 salaries)	₹5.8 L/yr - ₹12 L/yr 3% more	32 job openings
LEAD School Area Manager Salary 4 - 14 years exp. (21 salaries)	₹6 L/yr - ₹12 L/yr 13% more

Area Manager salary at Cholamandalam Investment & Finance ranges between ₹8.1 Lakhs to ₹15.2 Lakhs per year for employees with experience between 16 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Area Manager salaries in Chennai

Last Updated: 28 Apr 2023

Experience	Avg Annual Salary
15+ years (4 salaries)	₹4 L/yr - ₹15.2 L/yr
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From

Area Manager

7 - 20 years exp.

Regional Sales Manager

11 - 21 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

Deputy Manager Salary

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Area Sales Manager Salary

(13 salaries)

₹7.5 L/yr - ₹19.5 L/yr

Team Lead Salary

(9 salaries)

₹3.5 L/yr - ₹4.75 L/yr

Sales Manager Salary

(4 salaries)

₹3 L/yr - ₹5.5 L/yr

Regional Manager Salary

(3 salaries)

₹15.17 L/yr - ₹18.62 L/yr

Salary related reviews for Cholamandalam Investment & Finance

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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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 Manager Salary FAQs

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

The average salary of a Area Manager at Cholamandalam Investment & Finance in Chennai typically ranges from ₹8.1 Lakhs to ₹15.2 Lakhs per year, depending on experience (from 16 years to 20 years).

The top 10% of Area Manager in Chennai at Cholamandalam Investment & Finance earn more than ₹15.2 Lakhs per year, and the top 1% earn over ₹15.2 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 4 Cholamandalam Investment & Finance employees in India.

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

The estimated take-home salary of a Area Manager at Cholamandalam Investment & Finance in Chennai typically ranges from ₹67,524 to ₹69,254 per month. This is based on the average salary range of ₹8.1 Lakhs to ₹15.2 Lakhs per year for employees with experience ranging from 16 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 4 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?

LEAD School	₹6.0 Lakhs to ₹12.0 Lakhs per year
Bajaj Finserv	₹5.5 Lakhs to ₹16.0 Lakhs per year
ICICI Prudential Life Insurance	₹5.8 Lakhs to ₹12.0 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 Manager in companies similar to Cholamandalam Investment & Finance in Chennai?

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

HDFC Sales	₹6.0 Lakhs to ₹12.0 Lakhs per year
Motilal Oswal Financial Services	₹3.8 Lakhs to ₹6.6 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 Chennai?

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

Experience	Average Salary Range
15 years	₹4.0 Lakhs to ₹15.2 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Area Manager Salaries in Chennai

Cholamandalam Investment & Finance Area Manager salary in Chennai ranges between ₹8.1 Lakhs to ₹15.2 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.

Cholamandalam Investment & Finance Area Manager salaries in Chennai

Companies similar to Cholamandalam Investment & Finance for Area Manager in Chennai

Latest annual salaries shared by Cholamandalam Investment & Finance Area Manager in Chennai

Experience wise Cholamandalam Investment & Finance Area Manager salaries in Chennai

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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