Cholamandalam Investment & Finance ASM Salaries by 10 Employees

10 - 15 years exp.

₹6.5 Lakhs - ₹8.3 Lakhs

Low Confidence

Salary of majority employees

11% more than the average ASM Salary in Financial Services Companies for 10 - 15 years of experience

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Salaries in different departments

Sales & Business Development ASM Salary 10 - 13 years exp. (5 salaries)	₹8.7 L/yr - ₹18 L/yr
BFSI, Investments & Trading ASM Salary 12 - 15 years exp. (3 salaries)	₹6.5 L/yr - ₹10.2 L/yr
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Marketing & Communication ASM Salary 15 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹6.9 L/yr

Last Updated: 28 Dec 2024

Companies similar to Cholamandalam Investment & Finance for ASM

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Capital ASM Salary 1 - 5 years exp. (6 salaries)	₹2.2 L/yr - ₹3.5 L/yr 64% less
UBS ASM Salary 7 - 9 years exp. (3 salaries)	₹27 L/yr - ₹30.3 L/yr 240% more
Login to view exact salary
Axis Max Life Insurance ASM Salary 1 - 9 years exp. (115 salaries)	₹2.5 L/yr - ₹4.8 L/yr 55% less
Reliance Retail ASM Salary 4 - 15 years exp. (94 salaries)	₹1.8 L/yr - ₹10 L/yr 38% less
HDFC Life ASM Salary 0 - 8 years exp. (62 salaries)	₹2.7 L/yr - ₹5 L/yr 52% less

ASM salary at Cholamandalam Investment & Finance ranges between ₹6.5 Lakhs to ₹8.3 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 10 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance ASM salaries

Last Updated: 28 Dec 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹8.7 L/yr
11 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹8.7 L/yr
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12 years (3 salaries)	₹3.3 L/yr - ₹14.8 L/yr
13 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹10.2 L/yr
14 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹14 L/yr
15+ years (AmbitionBox Estimate)	₹6.5 L/yr - ₹14.8 L/yr

View all

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Salary related reviews for Cholamandalam Investment & Finance

3.8

Rated by 10 employees for salary & benefits

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

Branch Sales Manager in Farrukhabad

Full Time

Sales & Business Development Department

3.0

• posted on 05 Jul 2022

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

..., No such parameters were decided for Sales it means everything you have to do . If you assign extra work then you have to communicate on Appointment letter, Also Package was different package seems very good Your incentive part also included in your package. No Social Life after Join that organisation

Salary - Poor

+4 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Cholamandalam Investment & Finance ASM Salary FAQs

What is the salary of ASM at Cholamandalam Investment & Finance ?

The average salary of a ASM at Cholamandalam Investment & Finance in India typically ranges from ₹6.5 Lakhs to ₹8.3 Lakhs per year, depending on experience (from 10 years to 15 years).

The top 10% of ASM at Cholamandalam Investment & Finance earn more than ₹16.8 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. ASM 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 10 Cholamandalam Investment & Finance employees in India.

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

The estimated take-home salary of a ASM at Cholamandalam Investment & Finance in India typically ranges from ₹60,655 to ₹62,190 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹8.3 Lakhs per year for employees with experience ranging from 10 years to 15 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 10 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 ASM in India?

UBS	₹27.0 Lakhs to ₹30.3 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 ASM in companies similar to Cholamandalam Investment & Finance in India?

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

Reliance Retail	₹1.8 Lakhs to ₹10.0 Lakhs per year
HDFC Life	₹2.7 Lakhs to ₹5.0 Lakhs per year
Axis Max Life Insurance	₹2.5 Lakhs to ₹4.8 Lakhs per year
Aditya Birla Capital	₹2.2 Lakhs to ₹3.5 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 ASM at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
10 years	₹3.3 Lakhs to ₹8.7 Lakhs per year
11 years	₹3.3 Lakhs to ₹8.7 Lakhs per year
12 years	₹3.3 Lakhs to ₹14.8 Lakhs per year
13 years	₹3.3 Lakhs to ₹10.2 Lakhs per year

and so on.

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Cholamandalam Investment & Finance ASM salary in India ranges between ₹6.5 Lakhs to ₹8.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.