Cholamandalam Investment & Finance Back Office Associate Salaries by 5 Employees

1 - 4 years exp.

₹0.9 Lakh - ₹2.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

30% less than the average Back Office Associate Salary in Financial Services Companies for 1 - 4 years of experience

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Salaries in different departments

Finance & Accounting Back Office Associate Salary 1 - 4 years exp. (3 salaries)	₹1.4 L/yr - ₹2.4 L/yr
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BFSI, Investments & Trading Back Office Associate Salary 3 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr

Last Updated: 14 Mar 2023

Companies similar to Cholamandalam Investment & Finance for Back Office Associate

Company name	Avg Annual Salary	Open Jobs
Aon Back Office Associate Salary 1 - 4 years exp. (5 salaries)	₹2.7 L/yr - ₹3.4 L/yr 90% more
BNP Paribas Back Office Associate Salary 0 - 2 years exp. (5 salaries)	₹1.1 L/yr - ₹3.1 L/yr 14% more
Login to view exact salary
Bajaj Finserv Back Office Associate Salary 0 - 4 years exp. (3 salaries)	₹2 L/yr - ₹2.5 L/yr 24% more	1 job opening
Bnp Paribas Securities Back Office Associate Salary 1 - 3 years exp. (3 salaries)	₹3.8 L/yr - ₹4.8 L/yr 155% more
Tech Mahindra Back Office Associate Salary 0 - 3 years exp. (69 salaries)	₹1 L/yr - ₹3.5 L/yr 29% more

Back Office Associate salary at Cholamandalam Investment & Finance ranges between ₹0.9 Lakh to ₹2.4 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Back Office Associate salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.5 L/yr
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
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3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr

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Salary related reviews for Cholamandalam Investment & Finance

Team Lead in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 19 Feb 2025

4.0

for Salary and Benefits

Likes

On time salary, every year salary increment, bonus, good working environment at local branchs.

Salary - Good

+3 more

Dislikes

Work life balance, something huge pressure, force to work on holiday and Sunday. Working time, as per work salary justification

Company culture - Poor

+1 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

Senior Officer in Jagtial

Full Time

Finance & Accounting Department

5.0

• posted on 21 Dec 2021

4.0

for Salary and Benefits

Likes

Good work team the management is transparent appraisal are fair and they give good salary hike and bonus every year

Salary - Good

+5 more

Dislikes

Mi insurance Targets and charges login days for month 5 , not given growth high level , BRM is not ok Jagtiyal location is unfit this job

Promotions - Poor

Senior Officer in Gadarwara

Tractor Finance Department

4.0

• posted on 08 Aug 2022

4.0

for Salary and Benefits

Likes

My company is a very good company. A company should take care of the employee as well as the customer, along with the salary, the incentive structure is also very good, so I am still working in this company.

Salary - Good

+5 more

Dislikes

Growth has to wait in the company.

Customer Service Executive in Parry's, Chennai

Customer Success, Service & Operations Department

5.0

• posted on 31 May 2022

5.0

for Salary and Benefits

Likes

... executive, i fell good to work in this bcz they treat people's in good way.....and you can improve you skills and they credit the salary in time ...CIFCL a good place to build carrier....Thanks cholamandalam and murugappa groups...

Salary - Excellent

+5 more

Dislikes

The company is good but no increment done

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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Option 2

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Cholamandalam Investment & Finance Back Office Associate Salary FAQs

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

The average salary of a Back Office Associate at Cholamandalam Investment & Finance in India typically ranges from ₹0.9 Lakhs to ₹2.4 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Back Office Associate at Cholamandalam Investment & Finance earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹2.4 Lakhs per year. Back Office Associate 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 Back Office Associate at Cholamandalam Investment & Finance in India?

The estimated take-home salary of a Back Office Associate at Cholamandalam Investment & Finance in India typically ranges from ₹11,975 to ₹13,281 per month. This is based on the average salary range of ₹0.9 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from 1 year to 4 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.

Which companies offer higher salaries than Cholamandalam Investment & Finance for Back Office Associate in India?

Bnp Paribas Securities	₹3.8 Lakhs to ₹4.8 Lakhs per year
Aon	₹2.7 Lakhs to ₹3.4 Lakhs per year
Tech Mahindra	₹1.0 Lakhs to ₹3.5 Lakhs per year
Bajaj Finserv	₹2.0 Lakhs to ₹2.5 Lakhs per year
BNP Paribas	₹1.1 Lakhs to ₹3.1 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.

How the salary growth look like for a Back Office Associate at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
1 year	₹1.2 Lakhs to ₹1.5 Lakhs per year
2 years	₹1.4 Lakhs to ₹1.8 Lakhs per year
3 years	₹1.7 Lakhs to ₹2.2 Lakhs per year
4 years	₹2.0 Lakhs to ₹2.6 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Back Office Associate Salaries

Cholamandalam Investment & Finance Back Office Associate salary in India ranges between ₹0.9 Lakh to ₹2.4 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 Back Office Associate salaries in India

Companies similar to Cholamandalam Investment & Finance for Back Office Associate

Latest annual salaries shared by Cholamandalam Investment & Finance Back Office Associate

Experience wise Cholamandalam Investment & Finance Back Office Associate salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Salary related reviews for Cholamandalam Investment & Finance

Team Lead in Kolkata

Relationship Manager in Ranchi

Senior Officer in Jagtial

Senior Officer in Gadarwara

Customer Service Executive in Parry's, Chennai

Cholamandalam Investment & Finance Back Office Associate Salary FAQs

Tell us how to improve this page.