Cholamandalam Investment & Finance Chennai Area Manager Salaries by 3 Employees

16 - 19 years exp.

₹12.6 Lakhs - ₹15.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

35% more than the average Area Manager Salary in Financial Services Companies for 16 - 19 years of experience

Interested in this particular role?

Last Updated: 17 Mar 2023

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

Cholamandalam Investment & Finance Area Manager Salary

16 - 19 years exp. (3 salaries)

₹12.6 L/yr - ₹15.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Area Manager Salary 2 - 5 years exp. (9 salaries)	₹3.8 L/yr - ₹6 L/yr 57% less
HDFC Sales Area Manager Salary 9 - 16 years exp. (7 salaries)	₹6 L/yr - ₹12 L/yr 38% less
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Bajaj Finserv Area Manager Salary 5 - 12 years exp. (7 salaries)	₹5.5 L/yr - ₹10.3 L/yr 28% less
ICICI Prudential Life Insurance Area Manager Salary 2 - 16 years exp. (29 salaries)	₹5.8 L/yr - ₹12 L/yr 29% less	35 job openings
LEAD School Area Manager Salary 4 - 14 years exp. (21 salaries)	₹6 L/yr - ₹12 L/yr 17% less

Area Manager salary at Cholamandalam Investment & Finance ranges between ₹12.6 Lakhs to ₹15.2 Lakhs per year for employees with experience between 16 years to 19 years. Salary estimates are based on 3 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Area Manager salaries in Chennai

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
15+ years (3 salaries)	₹5.7 L/yr - ₹15.2 L/yr
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From

Area Manager

7 - 19 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

(50 salaries)

₹2 L/yr - ₹6.56 L/yr

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 - ₹16.36 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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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Cholamandalam Investment & Finance Area Manager Salary FAQs

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	₹5.7 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 ₹12.6 Lakhs to ₹15.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.