Likes
... plan to cut more jobs in this scenario , their behavior is also not supportive. I lost my job , no salary , my full & final is getting delayed by HR... Still I am fighting to get my f&f.
read more
Annual salary range
5 - 11 years exp.
₹5.7
Lakhs - ₹9.3
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
Login to view
detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary22% less than the average Area Recovery Manager Salary in Financial Services Companies for 5 - 11 years of experience
Interested in this particular role?
Salaries in different departments
Finance & Accounting
Area Recovery Manager Salary
5 - 9
years
exp.
(5
salaries)
|  ₹5.7 L/yr - ₹8.4 L/yr |
Login to view exact salary
| |
Sales & Business Development
Area Recovery Manager Salary
10 - 11
years
exp.
(AmbitionBox Estimate)
| ₹6.1 L/yr - ₹9.3 L/yr |
Companies similar to Cholamandalam Investment & Finance for Area Recovery Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Bajaj Finance Area Recovery Manager Salary
12 - 17 years exp. (4 salaries) | ₹8.5 L/yr - ₹13 L/yr 
65%
more | |
 HDFC Bank Area Recovery Manager Salary
6 - 18 years exp. (3 salaries) | ₹6.5 L/yr - ₹9 L/yr
21%
more | |
Login to view exact salary
| ||
 Edelweiss Area Recovery Manager Salary
15 - 16 years exp. (4 salaries) | ₹10.7 L/yr - ₹11 L/yr
62%
more | |
 Piramal Capital Housing Finance Area Recovery Manager Salary
12 - 19 years exp. (15 salaries) | ₹6.5 L/yr - ₹13.2 L/yr
63%
more | |
 IDFC FIRST Bank Area Recovery Manager Salary
7 - 16 years exp. (10 salaries) | ₹9.5 L/yr - ₹16.5 L/yr
95%
more | |
Area Recovery Manager salary at Cholamandalam Investment & Finance ranges between ₹5.7
Lakhs
to ₹9.3
Lakhs
per year for employees with experience between 5 years to 11 years. Salary
estimates are based on
7 latest salaries received
from various employees of Cholamandalam Investment & Finance.
Latest annual salaries shared by Cholamandalam Investment & Finance Area Recovery Manager
8mo ago
11
years
exp.
1y ago
10
years
exp.
1y ago
9
years
exp.
1y ago
5
years
exp.
1y ago
9
years
exp.
1y ago
8
years
exp.
1y ago
6
years
exp.
Experience wise Cholamandalam Investment & Finance Area Recovery Manager salaries
Last Updated: 28 Mar 2024
| Experience | Avg Annual Salary |
|---|---|
| 5 years (AmbitionBox Estimate) |
₹2.3
L/yr
- ₹7
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹5.7
L/yr
- ₹10.6
L/yr
|
Login to view exact salary
| |
| 7 years (AmbitionBox Estimate) |
₹5.5
L/yr
- ₹7
L/yr
|
| 8 years (AmbitionBox Estimate) |
₹5.7
L/yr
- ₹11.4
L/yr
|
| 9 years (AmbitionBox Estimate) |
₹5.7
L/yr
- ₹8.4
L/yr
|
View all
Similar Designation salaries in Cholamandalam Investment & Finance
Salary related reviews for Cholamandalam Investment & Finance
Discover interview dos and don'ts from real experiences
Top trending discussions
View All
Salary Discussions, Hike & Promotions
2w
a technical project manager
Deadend
Hi,
I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA.
I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation.
I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component.
I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this.
What should be my next move?
Got a question about Cholamandalam Investment & Finance?
Ask anonymously on communities.
Cholamandalam Investment & Finance Area Recovery Manager Salary FAQs
What is the salary of Area Recovery Manager at Cholamandalam Investment & Finance?
Area Recovery Manager salary at Cholamandalam Investment & Finance in India ranges between ₹5.7 Lakhs to ₹9.3 Lakhs for experience between 5 years to 11 years. According to our estimates it is 22% less than the average Area Recovery Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Cholamandalam Investment & Finance India.
How does the salary of a Area Recovery Manager at Cholamandalam Investment & Finance India compare with the average salary range for this job?
The average salary of a Area Recovery Manager at Cholamandalam Investment & Finance is 22% less than the average salary of a Area Recovery Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Cholamandalam Investment & Finance to a Area Recovery Manager in India?
- IDFC FIRST Bank Area Recovery Manager Salary - ₹9.5 Lakhs to ₹16.5 Lakhs per year
- Bajaj Finance Area Recovery Manager Salary - ₹8.5 Lakhs to ₹13.0 Lakhs per year
- Piramal Capital Housing Finance Area Recovery Manager Salary - ₹6.5 Lakhs to ₹13.2 Lakhs per year
- Edelweiss Area Recovery Manager Salary - ₹10.7 Lakhs to ₹11.0 Lakhs per year
- HDFC Bank Area Recovery Manager Salary - ₹6.5 Lakhs to ₹9.0 Lakhs per year
What is the estimated take home salary of a Area Recovery Manager at Cholamandalam Investment & Finance in India?
The estimated take-home salary of a Area Recovery Manager at Cholamandalam Investment & Finance ranges between ₹51,123 per month to ₹52,329 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Area Recovery Manager salary in India which ranges between ₹5.7 Lakhs to ₹9.3 Lakhs per year for employees with experience between 5 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Area Recovery Manager at Cholamandalam Investment & Finance?
According to AmbitionBox, 70% of the Cholamandalam Investment & Finance Area Recovery Managers reported a notice period of 3 Months, 20% reported a notice period of More than 3 months and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.
Tell us how to improve this page.
- Home >
- Salaries >
- Cholamandalam Investment & Finance Salaries >
- Cholamandalam Investment & Finance Area Recovery Manager Salaries
Cholamandalam Investment & Finance Area Recovery Manager salary
in
India
ranges between ₹5.7
Lakhs to ₹9.3
Lakhs with an average annual salary of
₹. Salary estimates are based on
7
Cholamandalam Investment & Finance latest salaries received from various employees of
Cholamandalam Investment & Finance.