Cholamandalam Investment & Finance Business Manager Salaries by 4 Employees (Updated 2025)

5 - 12 years exp.

₹5 Lakhs - ₹10.2 Lakhs

Low Confidence

Salary of majority employees

45% less than the average Business Manager Salary in Financial Services Companies for 5 - 12 years of experience

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Salaries in different departments

Sales & Business Development Business Manager Salary 5 - 8 years exp. (3 salaries)	₹5 L/yr - ₹7 L/yr
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BFSI, Investments & Trading Business Manager Salary 12 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹10.2 L/yr

Last Updated: 1 Feb 2025

Companies similar to Cholamandalam Investment & Finance for Business Manager

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Business Manager Salary 6 - 17 years exp. (44 salaries)	₹9.4 L/yr - ₹33.7 L/yr 241% more	4 job openings
HSBC Group Business Manager Salary 4 - 17 years exp. (42 salaries)	₹10.8 L/yr - ₹31.2 L/yr 260% more
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UBS Business Manager Salary 4 - 12 years exp. (38 salaries)	₹7 L/yr - ₹23.4 L/yr 116% more
BNP Paribas Business Manager Salary 8 - 15 years exp. (13 salaries)	₹8.7 L/yr - ₹20 L/yr 168% more
American Express Business Manager Salary 2 - 14 years exp. (5 salaries)	₹10 L/yr - ₹24 L/yr 174% more
Citicorp Business Manager Salary 1 - 15 years exp. (5 salaries)	₹13.3 L/yr - ₹42 L/yr 350% more
Motilal Oswal Financial Services Business Manager Salary 2 - 5 years exp. (4 salaries)	₹5.9 L/yr - ₹8.3 L/yr 2% less
State Street Corporation Business Manager Salary 9 - 17 years exp. (3 salaries)	₹17.5 L/yr - ₹32 L/yr 332% more

Business Manager salary at Cholamandalam Investment & Finance ranges between ₹5 Lakhs to ₹10.2 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Business Manager salaries

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
6 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
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7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
8 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
9 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
10 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
11 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
12 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.1 L/yr

View all

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Salary related reviews for Cholamandalam Investment & Finance

3.9

Rated by 4 employees for salary & benefits

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

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

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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Cholamandalam Investment & Finance Business Manager Salary FAQs

What is the salary of Business Manager at Cholamandalam Investment & Finance ?

The average salary of a Business Manager at Cholamandalam Investment & Finance in India typically ranges from ₹5.0 Lakhs to ₹10.2 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Business Manager at Cholamandalam Investment & Finance earn more than ₹10.2 Lakhs per year, and the top 1% earn over ₹10.2 Lakhs per year. Business 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 Business Manager at Cholamandalam Investment & Finance in India?

The estimated take-home salary of a Business Manager at Cholamandalam Investment & Finance in India typically ranges from ₹46,621 to ₹47,726 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹10.2 Lakhs per year for employees with experience ranging from 5 years to 12 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.

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

Citicorp	₹13.3 Lakhs to ₹42.0 Lakhs per year
State Street Corporation	₹17.5 Lakhs to ₹32.0 Lakhs per year
HSBC Group	₹10.8 Lakhs to ₹31.2 Lakhs per year
JPMorgan Chase & Co.	₹9.4 Lakhs to ₹33.7 Lakhs per year
American Express	₹10.0 Lakhs to ₹24.0 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 Business Manager in companies similar to Cholamandalam Investment & Finance in India?

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

BNP Paribas	₹8.7 Lakhs to ₹20.0 Lakhs per year
UBS	₹7.0 Lakhs to ₹23.4 Lakhs per year
Motilal Oswal Financial Services	₹5.9 Lakhs to ₹8.3 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 Business Manager at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
5 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
6 years	₹5.2 Lakhs to ₹6.7 Lakhs per year
7 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
8 years	₹5.6 Lakhs to ₹7.2 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Business Manager Salaries

Cholamandalam Investment & Finance Business Manager salary in India ranges between ₹5 Lakhs to ₹10.2 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.