Cholamandalam Investment & Finance Associate Salaries by 9 Employees (Updated 2025)

1 - 7 years exp.

₹2 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

63% less than the average Associate Salary in Financial Services Companies for 1 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Salary 2 - 6 years exp. (4 salaries)	₹2 L/yr - ₹3.5 L/yr
Finance & Accounting Associate Salary 1 - 3 years exp. (3 salaries)	₹2.6 L/yr - ₹2.8 L/yr
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Sales & Business Development Associate Salary 7 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.8 L/yr

Last Updated: 7 Nov 2024

Companies similar to Cholamandalam Investment & Finance for Associate

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Associate Salary 0 - 6 years exp. (38 salaries)	₹1.2 L/yr - ₹3.5 L/yr 18% less
HDFC Bank Associate Salary 0 - 6 years exp. (67 salaries)	₹1.5 L/yr - ₹6.3 L/yr 21% more
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Mahindra Finance Associate Salary 0 - 7 years exp. (29 salaries)	₹1.7 L/yr - ₹4.4 L/yr 1% more
Shriram Finance Associate Salary 1 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹3.3 L/yr 19% more
Tata Capital Associate Salary 0 - 11 years exp. (29 salaries)	₹1.7 L/yr - ₹5.5 L/yr 20% more	2 job openings
L&T Finance Associate Salary 0 - 6 years exp. (7 salaries)	₹1.7 L/yr - ₹3.6 L/yr 7% less
Aditya Birla Capital Associate Salary 0 - 6 years exp. (20 salaries)	₹2 L/yr - ₹6 L/yr 28% more
Muthoot Finance Associate Salary 0 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 12% less
Edelweiss Associate Salary 0 - 7 years exp. (301 salaries)	₹2.1 L/yr - ₹10 L/yr 130% more
JPMorgan Chase & Co. Associate Salary 1 - 17 years exp. (10.2k salaries)	₹10 L/yr - ₹42 L/yr 761% more	63 job openings
Morgan Stanley Associate Salary 0 - 12 years exp. (3.1k salaries)	₹5.2 L/yr - ₹20 L/yr 327% more	1 job opening
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State Street Corporation Associate Salary 0 - 5 years exp. (1.4k salaries)	₹2 L/yr - ₹7.5 L/yr 49% more
BNY Associate Salary 0 - 11 years exp. (989 salaries)	₹3.5 L/yr - ₹14.8 L/yr 208% more	11 job openings
BNP Paribas Associate Salary 0 - 5 years exp. (809 salaries)	₹2 L/yr - ₹8 L/yr 78% more
HSBC Group Associate Salary 1 - 10 years exp. (357 salaries)	₹7.1 L/yr - ₹18 L/yr 261% more
Wells Fargo Associate Salary 0 - 9 years exp. (283 salaries)	₹2.6 L/yr - ₹13 L/yr 178% more	3 job openings
Marsh McLennan Associate Salary 0 - 5 years exp. (225 salaries)	₹1.8 L/yr - ₹4.1 L/yr 9% more
Citicorp Associate Salary 0 - 10 years exp. (170 salaries)	₹7.5 L/yr - ₹25.9 L/yr 455% more
UBS Associate Salary 1 - 10 years exp. (117 salaries)	₹6.5 L/yr - ₹20.6 L/yr 367% more
Bajaj Finserv Associate Salary 0 - 5 years exp. (46 salaries)	₹1.2 L/yr - ₹5 L/yr 1% less

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Associate salary at Cholamandalam Investment & Finance ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 9 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Associate salaries

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹5.1 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.1 L/yr
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3 years (4 salaries)	₹2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹4.9 L/yr

View all

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Salary related reviews for Cholamandalam Investment & Finance

3.1

Rated by 3 employees for salary & benefits

Regional Legal Manager in Mumbai

Full Time

Legal & Regulatory Department

4.0

• posted on 04 Jan 2025

5.0

for Salary and Benefits

Likes

Company compensation is good and appraisal are excellent. You get freedom to do whatever you want to until you are justifying the companies interest.

Salary - Excellent

+4 more

Dislikes

Just some people don't know how to collaborate with people, they are just interested in playing dirty politics to show Management how better are they from other people. Senior people get easily influenced by others and make their opinion about sincere peoples.

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

Branch Credit Operations Manager in Panipat

Full Time

Finance & Accounting Department

2.0

• posted on 26 Sep 2024

5.0

for Salary and Benefits

Likes

The only good thing about my tenor in chola was good salary, they will pay you handsomely if you are working good enough . You will learn how to manage and micromanage your team

Salary - Excellent

+3 more

Dislikes

Work life balance is pathetic, you have to start your day early and the day will never come to an end. Continuous con calls even if you are on leave officially.

Work satisfaction - Bad

+2 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

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What people are saying about Cholamandalam Investment & Finance

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a head branch credit ops

Career Suggestions.

I am a Credit Officer working in a NBFC Company since last 5 years. In the last 5 years of my period I have gathered lots of experience in the field of Finance. But the biggest concern is though I gathered a lot of experience my CTC is 3.0 LPA. Though I got the opportunity to swap my company. I am confused about what I do. Please advise?

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Cholamandalam Investment & Finance Associate Salary FAQs

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

Associate salary at Cholamandalam Investment & Finance in India ranges between ₹2.0 Lakhs to ₹3.5 Lakhs for experience between 1 years to 7 years. According to our estimates it is 63% less than the average Associate Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Cholamandalam Investment & Finance India.

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

The average salary of a Associate at Cholamandalam Investment & Finance is 63% less than the average salary of a Associate in India. To know exact salary insights, login to view.

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

JPMorgan Chase & Co. Associate Salary - ₹10.0 Lakhs to ₹42.0 Lakhs per year
Citicorp Associate Salary - ₹7.5 Lakhs to ₹25.9 Lakhs per year
Commonwealth Bank of Australia, India Associate Salary - ₹5.8 Lakhs to ₹21.6 Lakhs per year
Northern Trust Operating Services Associate Salary - ₹6.2 Lakhs to ₹22.0 Lakhs per year
UBS Associate Salary - ₹6.5 Lakhs to ₹20.6 Lakhs per year

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

Morgan Stanley Associate Salary - ₹5.2 Lakhs to ₹20.0 Lakhs per year
American Express Associate Salary - ₹10.8 Lakhs to ₹10.9 Lakhs per year
HSBC Group Associate Salary - ₹7.1 Lakhs to ₹18.0 Lakhs per year
BNY Associate Salary - ₹3.5 Lakhs to ₹14.8 Lakhs per year
Wells Fargo Associate Salary - ₹2.6 Lakhs to ₹13.0 Lakhs per year

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

The estimated take-home salary of a Associate at Cholamandalam Investment & Finance ranges between ₹19,694 per month to ₹21,362 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Associate salary in India which ranges between ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Associate at Cholamandalam Investment & Finance?

According to AmbitionBox, 100% of the Cholamandalam Investment & Finance Associates reported a notice period of 1 Month.This is based on 9 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Associate Salaries

Cholamandalam Investment & Finance Associate salary in India ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.