Cholamandalam Investment & Finance Ahmedabad Branch Credit Manager Salaries by 4 Employees

3 - 10 years exp.

₹5.6 Lakhs - ₹6.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

7% more than the average Branch Credit Manager Salary in Financial Services Companies for 3 - 10 years of experience

Interested in this particular role?

Last Updated: 17 Nov 2023

Companies similar to Cholamandalam Investment & Finance for Branch Credit Manager in Ahmedabad

Cholamandalam Investment & Finance Branch Credit Manager Salary

3 - 10 years exp. (4 salaries)

₹5.6 L/yr - ₹6.8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Branch Credit Manager Salary 0 - 11 years exp. (55 salaries)	₹3.4 L/yr - ₹7.1 L/yr 19% less	6 job openings
IDFC FIRST Bank Branch Credit Manager Salary 2 - 10 years exp. (29 salaries)	₹3.2 L/yr - ₹8.3 L/yr 16% less
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ICICI Bank Branch Credit Manager Salary 1 - 7 years exp. (23 salaries)	₹5 L/yr - ₹10.9 L/yr 30% more
Sammaan Capital Limited Branch Credit Manager Salary 3 - 9 years exp. (11 salaries)	₹5 L/yr - ₹8 L/yr 7% more	1 job opening
IndusInd Bank Branch Credit Manager Salary 4 - 10 years exp. (10 salaries)	₹3.4 L/yr - ₹9.5 L/yr 14% less

Branch Credit Manager salary at Cholamandalam Investment & Finance ranges between ₹5.6 Lakhs to ₹6.8 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Branch Credit Manager salaries in Ahmedabad

Last Updated: 17 Nov 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
4 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
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5 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
8 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
9 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
10 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr

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From

Branch Credit Manager

3 - 12 years exp.

Area Credit Manager

6 - 15 years exp.

From

Branch Credit Manager

3 - 12 years exp.

Area Credit Operations Manager

5 - 16 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Cholamandalam Investment & Finance

Regional Credit Manager Salary

(4 salaries)

₹11.7 L/yr - ₹30 L/yr

Area Credit Manager Salary

(4 salaries)

₹8.5 L/yr - ₹16.39 L/yr

Top skills at Cholamandalam Investment & Finance for Branch Credit Manager

Credit Underwriting Credit Risk Analysis Credit Appraisal Credit Analysis Credit Management Home Loans Credit Underwriting Credit Credit Operations Credit Operations Mortgage Loans Credit Risk Analysis Credit Processing housing finance Credit Analysis

Salary related reviews for Cholamandalam Investment & Finance

5.0

Rated by 1 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

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

Officer in Mysuru / Mysore

Full Time

Finance & Accounting Department

5.0

• posted on 21 Dec 2023

2.0

for Salary and Benefits

Likes

I am always like chola

Skill development - Excellent

+2 more

Dislikes

... to give promotion to the employees who have worked for many years in our Chola. Again, he failed to increase the salary. Some managers use bad words.

Salary - Poor

+3 more

Officer in Mp3

Full Time

Other Department

2.0

• posted on 18 Feb 2024

2.0

for Salary and Benefits

Likes

... any executive to move any other company. Also not give promotion to executive. Only they increase salary by 500-1300 yearly only after they get to know, you think yo switch other company.

Dislikes

Same as above. Not recommended if you are futuristic and need growth in career.

Salary - Poor

+4 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 Branch Credit Manager Salary FAQs

What is the salary of Branch Credit Manager at Cholamandalam Investment & Finance in Ahmedabad?

The average salary of a Branch Credit Manager at Cholamandalam Investment & Finance in Ahmedabad typically ranges from ₹5.6 Lakhs to ₹6.8 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Branch Credit Manager in Ahmedabad at Cholamandalam Investment & Finance earn more than ₹5.7 Lakhs per year, and the top 1% earn over ₹5.7 Lakhs per year. Branch Credit Manager 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 4 Cholamandalam Investment & Finance employees in India.

What is the estimated take home salary of a Branch Credit Manager at Cholamandalam Investment & Finance in Ahmedabad?

The estimated take-home salary of a Branch Credit Manager at Cholamandalam Investment & Finance in Ahmedabad typically ranges from ₹47,827 to ₹48,959 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹6.8 Lakhs per year for employees with experience ranging from 3 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 4 salaries received from various employees of Cholamandalam Investment & Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Credit Manager at Cholamandalam Investment & Finance in Ahmedabad?

To be a Branch Credit Manager at Cholamandalam Investment & Finance in Ahmedabad, the key skills required include:

- Credit Underwriting
- Credit Risk Analysis
- Credit Appraisal
- Credit Analysis
- Credit Management

These skills are highly valued at Cholamandalam Investment & Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Cholamandalam Investment & Finance for Branch Credit Manager in India?

ICICI Bank	₹5.0 Lakhs to ₹10.9 Lakhs per year
Sammaan Capital Limited	₹5.0 Lakhs to ₹8.0 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 in companies similar to Cholamandalam Investment & Finance in Ahmedabad?

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

IndusInd Bank	₹3.4 Lakhs to ₹9.5 Lakhs per year
IDFC FIRST Bank	₹3.2 Lakhs to ₹8.3 Lakhs per year
HDB Financial Services	₹3.4 Lakhs to ₹7.1 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 at Cholamandalam Investment & Finance in Ahmedabad?

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

Experience	Average Salary Range
3 years	₹5.2 Lakhs to ₹6.6 Lakhs per year
4 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
5 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
6 years	₹5.5 Lakhs to ₹7.0 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Branch Credit Manager Salaries in Ahmedabad

Cholamandalam Investment & Finance Branch Credit Manager salary in Ahmedabad ranges between ₹5.6 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.