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

6 - 17 years exp.

₹4.5 Lakhs - ₹13.5 Lakhs

Salary of majority employees

6% less than the average Area Receivables Manager Salary in Financial Services Companies for 6 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Receivables Manager Salary 7 - 16 years exp. (14 salaries)	₹4.5 L/yr - ₹11.8 L/yr
Finance & Accounting Area Receivables Manager Salary 6 - 12 years exp. (8 salaries)	₹6 L/yr - ₹10 L/yr
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Sales & Business Development Area Receivables Manager Salary 8 - 16 years exp. (7 salaries)	₹7.1 L/yr - ₹11.6 L/yr
Risk Management & Compliance Area Receivables Manager Salary 8 - 17 years exp. (4 salaries)	₹7.2 L/yr - ₹13.5 L/yr

Last Updated: 25 Dec 2024

Companies similar to Cholamandalam Investment & Finance for Area Receivables Manager

Company name	Avg Annual Salary	Open Jobs
Bank of Baroda Area Receivables Manager Salary 8 - 12 years exp. (30 salaries)	₹6.5 L/yr - ₹21.3 L/yr 57% more
Equitas Small Finance Bank Area Receivables Manager Salary 14 - 18 years exp. (17 salaries)	₹7.1 L/yr - ₹11.9 L/yr 24% more
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Cholamandal Area Receivables Manager Salary 9 - 17 years exp. (4 salaries)	₹6.5 L/yr - ₹14.3 L/yr 33% more
Kogta Financial India Limited Area Receivables Manager Salary 6 - 10 years exp. (4 salaries)	₹3.9 L/yr - ₹7.1 L/yr 38% less
Cholamandalam MS General Insurance Area Receivables Manager Salary 6 - 19 years exp. (5 salaries)	₹6.1 L/yr - ₹9.3 L/yr 9% less

Area Receivables Manager salary at Cholamandalam Investment & Finance ranges between ₹4.5 Lakhs to ₹13.5 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 70 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Area Receivables Manager salaries

Last Updated: 25 Dec 2024

Experience	Avg Annual Salary
6 years (4 salaries)	₹4.5 L/yr - ₹11.6 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹12.2 L/yr
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8 years (5 salaries)	₹5.5 L/yr - ₹10 L/yr
9 years (23 salaries)	₹5.4 L/yr - ₹10.5 L/yr
10 years (5 salaries)	₹4.7 L/yr - ₹9.2 L/yr
11 years (4 salaries)	₹6.5 L/yr - ₹10 L/yr
12 years (10 salaries)	₹6.1 L/yr - ₹12.5 L/yr
13 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹16.1 L/yr
14 years (3 salaries)	₹5.8 L/yr - ₹11.8 L/yr
15+ years (12 salaries)	₹7.2 L/yr - ₹13.5 L/yr

View all

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Top skills at Cholamandalam Investment & Finance for Area Receivables Manager

Collections Recovery Recovery Operations Collections Strategy Collection Management Payment Collection Collection Management Recovery Management Debt Recovery Commercial Vehicle Loans Auto Loans Store Supervision Credit Collection PMO Receivable Management

Salary related reviews for Cholamandalam Investment & Finance

3.9

Rated by 59 employees for salary & benefits

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

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

Area Credit Manager in Barwani

Full Time

Finance & Accounting Department

4.0

• posted on 01 Sep 2024

5.0

for Salary and Benefits

Likes

Friendly nature with seniors and employes .Good salary benifits and incentive structure. Skill development and time to time learning module.

Salary - Excellent

+5 more

Dislikes

Office work timing not fixed. We have not sufficient time for family

Work-life balance - Poor

Branch Credit Manager in Bangalore / Bengaluru

Full Time

Other Department

3.0

• posted on 03 Nov 2023

3.0

for Salary and Benefits

Likes

1. Ontime salary 2. Learning opportunities along with skill development 3. Promotion to the deserving candidates

Skill development - Good

+1 more

Dislikes

1. The work schedule lacks specificity 2. Work life balance is a big concern 3. Even have to work on Sundays if it's a month end 4. Huge pressure for all verticals

Company culture - Poor

+1 more

Credit Analyst in Jaipur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 15 Aug 2023

3.0

for Salary and Benefits

Likes

Good company as compare to other NBC Salary is not as level No work life balance You have to work for 24 hr Join office early at 9 am leave office after 8 pm After that they will call you at home to work from home after 8pm Very bad working culture specially if you are working in unsecured loan department that is CSEL DEPARTMENT

Dislikes

Please don't join in CSEL in cholamandalam investment and finance company

Skill development - Poor

+2 more

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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Cholamandalam Investment & Finance Area Receivables Manager Salary FAQs

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

Area Receivables Manager salary at Cholamandalam Investment & Finance in India ranges between ₹4.5 Lakhs to ₹13.5 Lakhs for experience between 6 years to 17 years. According to our estimates it is 6% less than the average Area Receivables Manager Salary in India. Salary estimates are based on 70 latest salaries received from various employees of Cholamandalam Investment & Finance India.

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

The average salary of a Area Receivables Manager at Cholamandalam Investment & Finance is 6% less than the average salary of a Area Receivables Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Area Receivables Manager at Cholamandalam Investment & Finance?

Collections, Recovery, Recovery Operations, Collections Strategy and Collection Management are some of the popular skills required to work as a Area Receivables Manager at Cholamandalam Investment & Finance India.

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

Bank of Baroda Area Receivables Manager Salary - ₹6.5 Lakhs to ₹21.3 Lakhs per year
Cholamandal Area Receivables Manager Salary - ₹6.5 Lakhs to ₹14.3 Lakhs per year
Equitas Small Finance Bank Area Receivables Manager Salary - ₹7.1 Lakhs to ₹11.9 Lakhs per year

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

Cholamandalam MS General Insurance Area Receivables Manager Salary - ₹6.1 Lakhs to ₹9.3 Lakhs per year
Kogta Financial India Limited Area Receivables Manager Salary - ₹3.9 Lakhs to ₹7.1 Lakhs per year

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

The estimated take-home salary of a Area Receivables Manager at Cholamandalam Investment & Finance ranges between ₹61,596 per month to ₹63,158 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Area Receivables Manager salary in India which ranges between ₹4.5 Lakhs to ₹13.5 Lakhs per year for employees with experience between 6 years to 17 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 89% of the Cholamandalam Investment & Finance Area Receivables Managers reported a notice period of 3 Months, 7% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 218 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Area Receivables Manager Salaries

Cholamandalam Investment & Finance Area Receivables Manager salary in India ranges between ₹4.5 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 70 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

Cholamandalam Investment & Finance Area Receivables Manager salaries in India

Companies similar to Cholamandalam Investment & Finance for Area Receivables Manager

Latest annual salaries shared by Cholamandalam Investment & Finance Area Receivables Manager

Experience wise Cholamandalam Investment & Finance Area Receivables Manager salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Top skills at Cholamandalam Investment & Finance for Area Receivables Manager

Salary related reviews for Cholamandalam Investment & Finance

Credit Operation Executive in Margherita

Relationship Manager in Ranchi

Area Credit Manager in Barwani

Branch Credit Manager in Bangalore / Bengaluru

Credit Analyst in Jaipur

Cholamandalam Investment & Finance Area Receivables Manager Salary FAQs

Tell us how to improve this page.

Cholamandalam Investment & Finance Area Receivables Manager Salaries by Location