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This company page is being actively managed by Cholamandalam Investment & Finance Team. If you also belong to the team, you can get access from here

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3.9

based on 4.7k Reviews

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Cholamandalam Investment & Finance Branch Credit Manager- Credit & Operations salaries in India (Updated 2025)

Annual salary range
2 - 10 years exp.
₹3.3 Lakhs - ₹8.5 Lakhs
Avg. annual salary
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Fixed
₹unlock blur Lakhs
Variable
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Monthly In-hand Salary

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At par with the average Branch Credit Manager- Credit & Operations Salary in Financial Services Companies for 2 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Credit Manager- Credit & Operations Salary
4 - 10 years exp. (9 salaries)
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₹3.3 L/yr - ₹8.5 L/yr

Finance & Accounting
Branch Credit Manager- Credit & Operations Salary
3 - 10 years exp. (7 salaries)
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₹5 L/yr - ₹6.9 L/yr

Last Updated: 17 Feb 2025

Companies similar to Cholamandalam Investment & Finance for Branch Credit Manager- Credit & Operations

Company name Avg Annual Salary Open Jobs
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Bajaj Finserv Branch Credit Manager- Credit & Operations Salary

2 - 11 years exp. (12 salaries)
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₹3 L/yr - ₹7 L/yr

arrow icon 8% more
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Bajaj Finance Branch Credit Manager- Credit & Operations Salary

5 - 11 years exp. (13 salaries)
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₹4.2 L/yr - ₹7 L/yr

At par
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Aadhar Housing Finance Branch Credit Manager- Credit & Operations Salary

1 - 3 years exp. (4 salaries)
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₹3.3 L/yr - ₹3.5 L/yr

arrow icon 35% less
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ICICI Bank Branch Credit Manager- Credit & Operations Salary

6 - 12 years exp. (3 salaries)
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₹5.4 L/yr - ₹12 L/yr

arrow icon 50% more
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Mahindra Finance Branch Credit Manager- Credit & Operations Salary

11 - 12 years exp. (3 salaries)
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₹4.7 L/yr - ₹9 L/yr

arrow icon 27% more
Branch Credit Manager- Credit & Operations salary at Cholamandalam Investment & Finance ranges between ₹3.3 Lakhs to ₹8.5 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 20 latest salaries received from various employees of Cholamandalam Investment & Finance.

Latest annual salaries shared by Cholamandalam Investment & Finance Branch Credit Manager- Credit & Operations

1mo ago
₹8.5 Lakhs
10 years exp.
1mo ago
₹4.7 Lakhs
8 years exp.
1mo ago
₹5.5 Lakhs
9 years exp.
2mo ago
₹8.5 Lakhs
9 years exp.
2mo ago
₹5.5 Lakhs
8 years exp.
2mo ago
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10 years exp.
2mo ago
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8 years exp.
3mo ago
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4 years exp.
3mo ago
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7 years exp.
5mo ago
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6 years exp.

Experience wise Cholamandalam Investment & Finance Branch Credit Manager- Credit & Operations salaries

Last Updated: 17 Feb 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹5.2 L/yr
3 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹5.2 L/yr
4 years  (3 salaries)

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₹4 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹5.3 L/yr
6 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹9.4 L/yr
View all

Similar Designation salaries in Cholamandalam Investment & Finance

Branch Credit Manager Salary
(318 salaries)
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₹1.9 L/yr - ₹11.4 L/yr
Area Credit Manager Salary
(244 salaries)
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₹6.04 L/yr - ₹20 L/yr
Branch Business Manager Salary
(214 salaries)
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₹3 L/yr - ₹10 L/yr
Area Collection Manager Salary
(200 salaries)
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₹4.88 L/yr - ₹16 L/yr
Collection Officer Salary
(191 salaries)
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₹1.45 L/yr - ₹4.25 L/yr
Associate Relationship Manager Salary
(179 salaries)
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₹1.7 L/yr - ₹4 L/yr
Relationship Manager Salary
(174 salaries)
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₹1.4 L/yr - ₹5.7 L/yr
Credit Manager Salary
(153 salaries)
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₹1.7 L/yr - ₹10.03 L/yr
Credit Executive Salary
(122 salaries)
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₹1.15 L/yr - ₹3.8 L/yr
Credit Officer Salary
(121 salaries)
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₹1.62 L/yr - ₹3.85 L/yr

Salary related reviews for Cholamandalam Investment & Finance

4.7

Rated by 6 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

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • 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

read more

Dislikes

Please don't join in CSEL in cholamandalam investment and finance company

  • Skill development - Poor
    • +2 more
see more salary related reviews

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Salary Discussions, Hike & Promotions
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kirayagami1
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works at
TCS
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
Option 1
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Option 2
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115 participants . poll closed
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Cholamandalam Investment & Finance Branch Credit Manager- Credit & Operations Salary FAQs

What is the salary of Branch Credit Manager- Credit & Operations at Cholamandalam Investment & Finance ?
The average salary of a Branch Credit Manager- Credit & Operations at Cholamandalam Investment & Finance in India typically ranges from ₹3.3 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Branch Credit Manager- Credit & Operations at Cholamandalam Investment & Finance earn more than ₹8.1 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Branch Credit Manager- Credit & Operations 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 20+ Cholamandalam Investment & Finance employees in India.
What is the estimated take home salary of a Branch Credit Manager- Credit & Operations at Cholamandalam Investment & Finance in India?
The estimated take-home salary of a Branch Credit Manager- Credit & Operations at Cholamandalam Investment & Finance in India typically ranges from ₹39,224 to ₹40,401 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 2 years to 10 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 20+ 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 Branch Credit Manager- Credit & Operations in India?
ICICI Bank ₹5.4 Lakhs to ₹12.0 Lakhs per year
Mahindra Finance ₹4.7 Lakhs to ₹9.0 Lakhs per year
Bajaj Finserv ₹3.0 Lakhs to ₹7.0 Lakhs per year
Bajaj Finance ₹4.2 Lakhs to ₹7.0 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 Branch Credit Manager- Credit & Operations in companies similar to Cholamandalam Investment & Finance in India?
The salary of a Branch Credit Manager- Credit & Operations at companies similar to Cholamandalam Investment & Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aadhar Housing Finance ₹3.3 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 Branch Credit Manager- Credit & Operations at Cholamandalam Investment & Finance in India?
The salary growth for a Branch Credit Manager- Credit & Operations at Cholamandalam Investment & Finance depends on factors such as experience, performance, and promotions. On average, a Branch Credit Manager- Credit & Operations can expect the following growth trajectory at Cholamandalam Investment & Finance:

Experience Average Salary Range
2 years ₹2.1 Lakhs to ₹5.2 Lakhs per year
3 years ₹2.1 Lakhs to ₹5.2 Lakhs per year
4 years ₹4.0 Lakhs to ₹5.2 Lakhs per year
5 years ₹2.1 Lakhs to ₹5.3 Lakhs per year
and so on.

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Cholamandalam Investment & Finance Branch Credit Manager- Credit & Operations Salaries by Location

Cholamandalam Investment & Finance Branch Credit Manager- Credit & Operations salary in India ranges between ₹3.3 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 20 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.