Cholamandalam Investment & Finance Branch Head Salaries by 8 Employees

7 - 11 years exp.

₹4.1 Lakhs - ₹8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

43% less than the average Branch Head Salary in Financial Services Companies for 7 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Head Salary 9 - 11 years exp. (3 salaries)	₹5.1 L/yr - ₹8 L/yr
Sales & Business Development Branch Head Salary 10 - 11 years exp. (3 salaries)	₹5.6 L/yr - ₹8 L/yr
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Finance & Accounting Branch Head Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr

Last Updated: 17 Oct 2024

Companies similar to Cholamandalam Investment & Finance for Branch Head

Company name	Avg Annual Salary	Open Jobs
The Muthoot Group Branch Head Salary 5 - 15 years exp. (54 salaries)	₹2.1 L/yr - ₹6.2 L/yr 19% less
Aditya Birla Capital Branch Head Salary 5 - 15 years exp. (28 salaries)	₹6.5 L/yr - ₹19.3 L/yr 75% more
Login to view exact salary
Bajaj Finserv Branch Head Salary 5 - 10 years exp. (8 salaries)	₹2.5 L/yr - ₹5.5 L/yr 26% less
Muthoot Pappachan Group Branch Head Salary 4 - 11 years exp. (6 salaries)	₹4.5 L/yr - ₹5.9 L/yr 21% less
M Power Micro Finance Branch Head Salary 6 - 11 years exp. (5 salaries)	₹2.9 L/yr - ₹5.2 L/yr 41% less
Motilal Oswal Financial Services Branch Head Salary 5 - 21 years exp. (4 salaries)	₹7 L/yr - ₹12.5 L/yr 59% more
Shriram Group Branch Head Salary 8 - 13 years exp. (4 salaries)	₹3.9 L/yr - ₹7.5 L/yr 1% less
RBL FinServe Branch Head Salary 11 - 17 years exp. (4 salaries)	₹3.7 L/yr - ₹7.5 L/yr 8% less
IDFC FIRST Bharat Branch Head Salary 8 - 13 years exp. (3 salaries)	₹7.5 L/yr - ₹14 L/yr 62% more

Branch Head salary at Cholamandalam Investment & Finance ranges between ₹4.1 Lakhs to ₹8 Lakhs per year for employees with experience between 7 years to 11 years. Salary estimates are based on 8 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Branch Head salaries

Last Updated: 17 Oct 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
11 years (4 salaries)	₹6.1 L/yr - ₹8 L/yr

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(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

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Salary related reviews for Cholamandalam Investment & Finance

3.4

Rated by 3 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 Sales Manager in Patna

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Jul 2023

3.0

for Salary and Benefits

Likes

Not Very Good But Satisfactory Salary Compensation

Dislikes

No holidays, You have to work all 7 days a week but as per HR attendance system they mark your attendance 5 days rest 2 days (Saturday & Sunday) are weekly off. Working hours starts early morning from 6 am and there is no fixed time to return back to home. Apart from these if you are in recovery department and if your targets were getting short then you will be forced by seniors to get it achieved through you salary.like this there are many more things which are wrong in this organisation specially in Bihar & Jharkhand.

Skill development - Bad

+4 more

Area Sales Manager in Patna

Full Time

Finance & Accounting Department

2.0

• posted on 06 Sep 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Salary - Good

Dislikes

Working 7 days a week No holiday Self funding for reducing NPA Senior talking in abusing language Down the line they treat as slave and people working here for Pvt Gift volunteer and incentive

Skill development - Bad

+5 more

Branch Sales Manager in Farrukhabad

Full Time

Sales & Business Development Department

3.0

• posted on 05 Jul 2022

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

..., No such parameters were decided for Sales it means everything you have to do . If you assign extra work then you have to communicate on Appointment letter, Also Package was different package seems very good Your incentive part also included in your package. No Social Life after Join that organisation

Salary - Poor

+4 more

Area Sales Manager in Jalgaon

Full Time

Sales & Business Development Department

3.0

• posted on 22 Aug 2023

4.0

for Salary and Benefits

Likes

Salary & benefits

Salary - Good

Dislikes

There is no job security and there is lot of politics , can't give time to family while working there Focus on the task at hand and don't put pressure on the cross sell product & other

Job security - Bad

+1 more

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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 Head Salary FAQs

What is the salary of Branch Head at Cholamandalam Investment & Finance ?

The average salary of a Branch Head at Cholamandalam Investment & Finance in India typically ranges from ₹4.1 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 7 years to 11 years).

The top 10% of Branch Head at Cholamandalam Investment & Finance earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Branch Head 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 8 Cholamandalam Investment & Finance employees in India.

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

The estimated take-home salary of a Branch Head at Cholamandalam Investment & Finance in India typically ranges from ₹46,761 to ₹47,869 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 7 years to 11 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 8 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 Head in India?

Aditya Birla Capital	₹6.5 Lakhs to ₹19.3 Lakhs per year
IDFC FIRST Bharat	₹7.5 Lakhs to ₹14.0 Lakhs per year
Motilal Oswal Financial Services	₹7.0 Lakhs to ₹12.5 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 Head in companies similar to Cholamandalam Investment & Finance in India?

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

Shriram Group	₹3.9 Lakhs to ₹7.5 Lakhs per year
RBL FinServe	₹3.7 Lakhs to ₹7.5 Lakhs per year
The Muthoot Group	₹2.1 Lakhs to ₹6.2 Lakhs per year
Muthoot Pappachan Group	₹4.5 Lakhs to ₹5.9 Lakhs per year
Bajaj Finserv	₹2.5 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 Branch Head at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
7 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
8 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
9 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
10 years	₹5.5 Lakhs to ₹7.0 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Branch Head salary in India ranges between ₹4.1 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.