Cholamandalam Investment & Finance Assistant Manager Collections Salaries by 5 Employees

1 - 12 years exp.

₹2.8 Lakhs - ₹6.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

13% more than the average Assistant Manager Collections Salary in Financial Services Companies for 1 - 12 years of experience

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Last Updated: 14 Mar 2023

Companies similar to Cholamandalam Investment & Finance for Assistant Manager Collections

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Assistant Manager Collections Salary 2 - 8 years exp. (248 salaries)	₹2 L/yr - ₹6.7 L/yr 10% less
Motilal Oswal Financial Services Assistant Manager Collections Salary 4 - 9 years exp. (5 salaries)	₹3.8 L/yr - ₹5.3 L/yr 3% less
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RBL FinServe Assistant Manager Collections Salary 4 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹5.5 L/yr 33% less
Bajaj Finance Assistant Manager Collections Salary 2 - 9 years exp. (260 salaries)	₹1.7 L/yr - ₹6.2 L/yr 10% less
Dhani Loans and Services Assistant Manager Collections Salary 3 - 9 years exp. (86 salaries)	₹2.2 L/yr - ₹4.5 L/yr 31% less

Assistant Manager Collections salary at Cholamandalam Investment & Finance ranges between ₹2.8 Lakhs to ₹6.8 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Assistant Manager Collections salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
10 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
11 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
12 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr

View all

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Salary related reviews for Cholamandalam Investment & Finance

1.9

Rated by 4 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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Cholamandalam Investment & Finance Assistant Manager Collections Salary FAQs

What is the salary of Assistant Manager Collections at Cholamandalam Investment & Finance ?

The average salary of a Assistant Manager Collections at Cholamandalam Investment & Finance in India typically ranges from ₹2.8 Lakhs to ₹6.8 Lakhs per year, depending on experience (from 1 year to 12 years).

The top 10% of Assistant Manager Collections at Cholamandalam Investment & Finance earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹6.8 Lakhs per year. Assistant Manager Collections 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 5 Cholamandalam Investment & Finance employees in India.

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

The estimated take-home salary of a Assistant Manager Collections at Cholamandalam Investment & Finance in India typically ranges from ₹35,129 to ₹36,367 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹6.8 Lakhs per year for employees with experience ranging from 1 year to 12 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 5 salaries received from various employees of Cholamandalam Investment & Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

Motilal Oswal Financial Services	₹3.8 Lakhs to ₹5.3 Lakhs per year
Bajaj Finserv	₹2.0 Lakhs to ₹6.7 Lakhs per year
Bajaj Finance	₹1.7 Lakhs to ₹6.2 Lakhs per year
Dhani Loans and Services	₹2.2 Lakhs to ₹4.5 Lakhs per year
RBL FinServe	₹2.8 Lakhs to ₹5.5 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 Assistant Manager Collections at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹3.2 Lakhs per year
2 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
3 years	₹3.1 Lakhs to ₹4.0 Lakhs per year
4 years	₹3.4 Lakhs to ₹4.4 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Assistant Manager Collections Salaries

Cholamandalam Investment & Finance Assistant Manager Collections salary in India ranges between ₹2.8 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

Cholamandalam Investment & Finance Assistant Manager Collections salaries in India

Companies similar to Cholamandalam Investment & Finance for Assistant Manager Collections

Latest annual salaries shared by Cholamandalam Investment & Finance Assistant Manager Collections

Experience wise Cholamandalam Investment & Finance Assistant Manager Collections salaries

Similar Designation salaries in Cholamandalam Investment & Finance

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 Assistant Manager Collections Salary FAQs

Tell us how to improve this page.