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

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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)	Unlock ₹5 L/yr - ₹7 L/yr
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BFSI, Investments & Trading Business Manager Salary 12 years exp. (AmbitionBox Estimate)	Unlock ₹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
HDFC Bank Business Manager Salary 2 - 9 years exp. (3 salaries)	Unlock ₹5.5 L/yr - ₹9 L/yr 45% more
Mahindra Finance Business Manager Salary 3 - 10 years exp. (21 salaries)	Unlock ₹2.5 L/yr - ₹10.2 L/yr 7% less
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Shriram Finance Business Manager Salary 6 - 13 years exp. (35 salaries)	Unlock ₹3 L/yr - ₹9 L/yr 14% less
Tata Capital Business Manager Salary 1 - 6 years exp. (4 salaries)	Unlock ₹4.5 L/yr - ₹6.2 L/yr 6% less
L&T Finance Business Manager Salary 2 - 10 years exp. (248 salaries)	Unlock ₹3.8 L/yr - ₹9 L/yr 6% more
Reliance Capital Business Manager Salary 1 - 7 years exp. (6 salaries)	Unlock ₹5.3 L/yr - ₹13 L/yr 38% more
Edelweiss Business Manager Salary 2 - 10 years exp. (8 salaries)	Unlock ₹4.2 L/yr - ₹8.5 L/yr 16% more
JPMorgan Chase & Co. Business Manager Salary 4 - 17 years exp. (48 salaries)	Unlock ₹8 L/yr - ₹25.7 L/yr 219% more	9 job openings
HSBC Group Business Manager Salary 4 - 17 years exp. (42 salaries)	Unlock ₹10.8 L/yr - ₹31.2 L/yr 260% more
UBS Business Manager Salary 4 - 12 years exp. (38 salaries)	Unlock ₹7 L/yr - ₹22 L/yr 114% more
BNP Paribas Business Manager Salary 8 - 15 years exp. (12 salaries)	Unlock ₹8.7 L/yr - ₹20 L/yr 158% more
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American Express Business Manager Salary 2 - 14 years exp. (5 salaries)	Unlock ₹10 L/yr - ₹24 L/yr 174% more
Citicorp Business Manager Salary 1 - 15 years exp. (5 salaries)	Unlock ₹13.3 L/yr - ₹42 L/yr 350% more
Motilal Oswal Financial Services Business Manager Salary 2 - 5 years exp. (4 salaries)	Unlock ₹5.9 L/yr - ₹8.3 L/yr 2% less
State Street Corporation Business Manager Salary 9 - 17 years exp. (3 salaries)	Unlock ₹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)	Unlock ₹5 L/yr - ₹10.1 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹10.5 L/yr
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7 years (AmbitionBox Estimate)	Unlock ₹5.4 L/yr - ₹6.9 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹7 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹5.8 L/yr - ₹7.4 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹6 L/yr - ₹7.7 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹6.2 L/yr - ₹7.9 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹2.8 L/yr - ₹10.2 L/yr

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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

see more salary related reviews

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What people are saying about Cholamandalam Investment & Finance

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a head branch credit ops

Career Suggestions.

I am a Credit Officer working in a NBFC Company since last 5 years. In the last 5 years of my period I have gathered lots of experience in the field of Finance. But the biggest concern is though I gathered a lot of experience my CTC is 3.0 LPA. Though I got the opportun... read more

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Cholamandalam Investment & Finance Business Manager Salary FAQs

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

Business Manager salary at Cholamandalam Investment & Finance in India ranges between ₹5.0 Lakhs to ₹10.2 Lakhs for experience between 5 years to 12 years. According to our estimates it is 45% less than the average Business Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Investment & Finance India.

How does the salary of a Business Manager at Cholamandalam Investment & Finance India compare with the average salary range for this job?

The average salary of a Business Manager at Cholamandalam Investment & Finance is 45% less than the average salary of a Business Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam Investment & Finance to a Business Manager in India?

Citicorp Business Manager Salary - ₹13.3 Lakhs to ₹42.0 Lakhs per year
State Street Corporation Business Manager Salary - ₹17.5 Lakhs to ₹32.0 Lakhs per year
HSBC Group Business Manager Salary - ₹10.8 Lakhs to ₹31.2 Lakhs per year
JPMorgan Chase & Co. Business Manager Salary - ₹8.0 Lakhs to ₹25.7 Lakhs per year
American Express Business Manager Salary - ₹10.0 Lakhs to ₹24.0 Lakhs per year

What is the salary of a Business Manager in companies similar to Cholamandalam Investment & Finance in India?

BNP Paribas Business Manager Salary - ₹8.7 Lakhs to ₹20.0 Lakhs per year
UBS Business Manager Salary - ₹7.0 Lakhs to ₹22.0 Lakhs per year
HDFC Bank Business Manager Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year
Reliance Capital Business Manager Salary - ₹5.3 Lakhs to ₹13.0 Lakhs per year
Edelweiss Business Manager Salary - ₹4.2 Lakhs to ₹8.5 Lakhs per year

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 ranges between ₹46,621 per month to ₹47,726 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Business Manager salary in India which ranges between ₹5.0 Lakhs to ₹10.2 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Business Manager at Cholamandalam Investment & Finance?

According to AmbitionBox, 75% of the Cholamandalam Investment & Finance Business Managers reported a notice period of 1 Month, 25% reported a notice period of 3 Months.This is based on 8 responses on AmbitionBox in last 2 years.

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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.