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

6 - 16 years exp.

₹3.9 Lakhs - ₹12.7 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

6% less than the average Area Receivables Manager Salary in Financial Services Companies for 6 - 16 years of experience

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Salaries in different departments

Finance & Accounting Area Receivables Manager Salary 6 - 12 years exp. (12 salaries)	₹3.9 L/yr - ₹12.7 L/yr
BFSI, Investments & Trading Area Receivables Manager Salary 7 - 16 years exp. (8 salaries)	₹4.5 L/yr - ₹11.8 L/yr
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Sales & Business Development Area Receivables Manager Salary 8 - 16 years exp. (6 salaries)	₹7.5 L/yr - ₹11.6 L/yr

Last Updated: 22 Mar 2025

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 - 19 years exp. (22 salaries)	₹7.1 L/yr - ₹15 L/yr 27% more	3 job openings
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Carborundum Universal Limited Area Receivables Manager Salary 8 - 21 years exp. (6 salaries)	₹9.3 L/yr - ₹11 L/yr 14% more
Cholamandalam MS General Insurance Area Receivables Manager Salary 6 - 19 years exp. (5 salaries)	₹6.1 L/yr - ₹9.3 L/yr 8% less
Cholamandal Area Receivables Manager Salary 5 - 13 years exp. (4 salaries)	₹6.3 L/yr - ₹14.3 L/yr 13% more

Area Receivables Manager salary at Cholamandalam Investment & Finance ranges between ₹3.9 Lakhs to ₹12.7 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 63 latest salaries received from various employees of Cholamandalam Investment & Finance.

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

2w ago

₹5.2 Lakhs

9 years exp.

3w ago

₹5 Lakhs

7 years exp.

1mo ago

₹6 Lakhs

6 years exp.

1mo ago

₹3.9 Lakhs

7 years exp.

2mo ago

₹9 Lakhs

15 years exp.

2mo ago

12 years exp.

3mo ago

8 years exp.

3mo ago

11 years exp.

4mo ago

12 years exp.

4mo ago

9 years exp.

Experience wise Cholamandalam Investment & Finance Area Receivables Manager salaries

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
7 years (4 salaries)	₹3.9 L/yr - ₹11.8 L/yr
Login to view exact salary
8 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
9 years (23 salaries)	₹5.2 L/yr - ₹10.5 L/yr
10 years (4 salaries)	₹4.7 L/yr - ₹12.7 L/yr
11 years (5 salaries)	₹6.5 L/yr - ₹12.7 L/yr
12 years (10 salaries)	₹6.1 L/yr - ₹12.5 L/yr
13 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
14 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
15+ years (10 salaries)	₹7.9 L/yr - ₹11.6 L/yr

View all

From

Area Receivables Manager

₹

Lakhs/yr

6 - 16 years exp.

Regional Sales Manager

₹

Lakhs/yr

11 - 21 years exp.

Area Receivables Manager 6 - 16 years exp.

Area Business Manager 6 - 16 years exp.

46% hike

Regional Sales Manager 11 - 21 years exp.

50% hike

From

Area Receivables Manager

6 - 16 years exp.

Regional Receivables Manager

12 - 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.

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₹1.62 L/yr - ₹3.85 L/yr

Credit Processing Associate Salary

(104 salaries)

₹1.65 L/yr - ₹4.6 L/yr

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 69 employees for salary & benefits

Area Collection Manager in Udaipur (working remotely)

Full Time

Finance & Accounting Department

3.0

• posted on 30 Jan 2025

4.0

for Salary and Benefits

Likes

Not much but salary comparison is little high than industry

Salary - Good

+1 more

Dislikes

It should improve employee welfare calture no weekly off no leave, if on leave have to attend con call . Worst culture of any time con call. Early morning 6 o clock late evening after 8 o clock con call No personal life, working on weekends and even on Sunday. Public holidays are in calendar only . No festival leave Lots of parameters which are useless . Penetration of separation is high. Apologise to write with personal experience

Work satisfaction - Poor

+2 more

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

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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

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 Receivables Manager Salary FAQs

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

The average salary of a Area Receivables Manager at Cholamandalam Investment & Finance in India typically ranges from ₹3.9 Lakhs to ₹12.7 Lakhs per year, depending on experience (from 6 years to 16 years).

The top 10% of Area Receivables Manager at Cholamandalam Investment & Finance earn more than ₹11.3 Lakhs per year, and the top 1% earn over ₹12.7 Lakhs per year. Area Receivables 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 Receivables Manager at Cholamandalam Investment & Finance in India?

The estimated take-home salary of a Area Receivables Manager at Cholamandalam Investment & Finance in India typically ranges from ₹60,953 to ₹62,497 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹12.7 Lakhs per year for employees with experience ranging from 6 years to 16 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.

What are the key skills required to be a Area Receivables Manager at Cholamandalam Investment & Finance ?

To be a Area Receivables Manager at Cholamandalam Investment & Finance in india, the key skills required include:

- Collections
- Recovery
- Recovery Operations
- Collections Strategy
- Collection Management

These skills are highly valued at Cholamandalam Investment & Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Cholamandalam Investment & Finance for Area Receivables Manager in India?

Bank of Baroda	₹6.5 Lakhs to ₹21.3 Lakhs per year
Equitas Small Finance Bank	₹7.1 Lakhs to ₹15.0 Lakhs per year
Carborundum Universal Limited	₹9.3 Lakhs to ₹11.0 Lakhs per year
Cholamandal	₹6.3 Lakhs to ₹14.3 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 Receivables Manager in companies similar to Cholamandalam Investment & Finance in India?

The salary of a Area Receivables 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:

Cholamandalam MS General Insurance

₹6.1 Lakhs to ₹9.3 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 Receivables Manager at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
6 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
7 years	₹3.9 Lakhs to ₹11.8 Lakhs per year
8 years	₹6.3 Lakhs to ₹8.0 Lakhs per year
9 years	₹5.2 Lakhs to ₹10.5 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Area Receivables Manager Salaries

Cholamandalam Investment & Finance Area Receivables Manager salary in India ranges between ₹3.9 Lakhs to ₹12.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 63 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

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

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

Area Collection Manager in Udaipur (working remotely)

Credit Operation Executive in Margherita

Relationship Manager in Ranchi

Area Credit Manager in Barwani

Credit Analyst in Jaipur

Cholamandalam Investment & Finance Area Receivables Manager Salary FAQs

Tell us how to improve this page.