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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

Cholamandalam Investment & Finance Verified Tick

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3.9

based on 4.7k Reviews

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Cholamandalam Investment & Finance Collection Agent salaries in India

Annual salary range
3 - 6 years exp.
₹2.5 Lakhs - ₹4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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12% more than the average Collection Agent Salary in Financial Services Companies for 3 - 6 years of experience

Interested in this particular role?

Last Updated: 29 Nov 2024

Companies similar to Cholamandalam Investment & Finance for Collection Agent

Company name Avg Annual Salary Open Jobs
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Bajaj Finserv Collection Agent Salary

0 - 4 years exp. (165 salaries)
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₹1 L/yr - ₹5 L/yr

arrow icon 15% less
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Karvy DigiKonnect Collection Agent Salary

1 - 3 years exp. (5 salaries)
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₹1.2 L/yr - ₹2.2 L/yr

arrow icon 25% less
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JPMorgan Chase & Co. Collection Agent Salary

3 - 8 years exp. (4 salaries)
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₹5 L/yr - ₹5.5 L/yr

arrow icon 105% more
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IDFC FIRST Bharat Collection Agent Salary

4 - 7 years exp. (4 salaries)
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₹2 L/yr - ₹4.5 L/yr

arrow icon 13% more
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HDB Financial Services Collection Agent Salary

1 - 7 years exp. (159 salaries)
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₹1 L/yr - ₹4 L/yr

arrow icon 15% less
Collection Agent salary at Cholamandalam Investment & Finance ranges between ₹2.5 Lakhs to ₹4 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Cholamandalam Investment & Finance.

Latest annual salaries shared by Cholamandalam Investment & Finance Collection Agent

1mo ago
₹3 Lakhs
4 years exp.
5mo ago
₹2.5 Lakhs
6 years exp.
6mo ago
₹3.5 Lakhs
4 years exp.
7mo ago
₹3 Lakhs
3 years exp.
9mo ago
₹4 Lakhs
5 years exp.
1y ago
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3 years exp.
1y ago
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3 years exp.

Experience wise Cholamandalam Investment & Finance Collection Agent salaries

Last Updated: 29 Nov 2024

Experience Avg Annual Salary
3 years  (3 salaries)

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₹2.5 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5.1 L/yr

Similar Designation salaries in Cholamandalam Investment & Finance

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(191 salaries)
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₹1.45 L/yr - ₹4.25 L/yr
Sales Manager Salary
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₹2 L/yr - ₹9.07 L/yr
Accountant Salary
(4 salaries)
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₹1.8 L/yr - ₹2.71 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
Team Lead Salary
(67 salaries)
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₹1.95 L/yr - ₹5.5 L/yr
Branch Manager Salary
(65 salaries)
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₹3.5 L/yr - ₹10.5 L/yr
Financial Analyst Salary
(4 salaries)
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₹1.8 L/yr - ₹2.8 L/yr
Sales Officer Salary
(205 salaries)
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₹1.2 L/yr - ₹4 L/yr
Deputy Manager Salary
(160 salaries)
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₹1.98 L/yr - ₹9.28 L/yr
Sales Executive Salary
(152 salaries)
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₹1.1 L/yr - ₹3.8 L/yr

Salary related reviews for Cholamandalam Investment & Finance

3.6

Rated by 3 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.

read more
  • 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

read more
  • 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.

read more
  • Salary - Bad
    • +6 more

Senior Sales Officer in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 01 Mar 2024
1.0
 for  Salary and Benefits

Likes

Only I like in this company is timely incentive and salary .

Dislikes

Work environment worst , full pressure to sell other products if your background is from loan and they will pressurise you to do collection and sell motor insurance, concall from higher level is very terrible 5-6 con call in a day , bosses doesn't support junior level employees always pressurise them no job time they will tell you should work from 9 am in the morning and no time till night . Very bad company.

read more
  • Salary - Bad
    • +6 more

Sales Officer in Kolkata

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 12 Oct 2023
5.0
 for  Salary and Benefits

Likes

...ead generation is easy as it's infrastructure as well as market reputation good. Salary structure and training is technology based.

read more
  • Salary - Excellent
    • +6 more

Dislikes

Most of the superior better but some not mention their name not supportive rather they give prior business but not solve the that time market problem.

read more

Sales Executive in Hindaun City

Sales & Business Development Department

5.0
  •  posted on 16 Feb 2022
5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling.conpany policies are good appraisal are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
    • +6 more

Dislikes

There is a lot of Politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 year before which. which you cannot resign. On the job training is not given to new joinees

read more
see more salary related reviews

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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·
works at
Georgia-Pacific
New offer. Confused.
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 Collection Agent Salary FAQs

What is the salary of Collection Agent at Cholamandalam Investment & Finance ?
The average salary of a Collection Agent at Cholamandalam Investment & Finance in India typically ranges from ₹2.5 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Collection Agent at Cholamandalam Investment & Finance earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Collection Agent 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 7 Cholamandalam Investment & Finance employees in India.
What is the estimated take home salary of a Collection Agent at Cholamandalam Investment & Finance in India?
The estimated take-home salary of a Collection Agent at Cholamandalam Investment & Finance in India typically ranges from ₹18,349 to ₹20,037 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 3 years to 6 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 7 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 Collection Agent in India?
JPMorgan Chase & Co. ₹5.0 Lakhs to ₹5.5 Lakhs per year
IDFC FIRST Bharat ₹2.0 Lakhs to ₹4.5 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 Collection Agent in companies similar to Cholamandalam Investment & Finance in India?
The salary of a Collection Agent at companies similar to Cholamandalam Investment & Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDB Financial Services ₹1.0 Lakhs to ₹4.0 Lakhs per year
Bajaj Finserv ₹1.0 Lakhs to ₹5.0 Lakhs per year
Karvy DigiKonnect ₹1.2 Lakhs to ₹2.2 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 Collection Agent at Cholamandalam Investment & Finance in India?
The salary growth for a Collection Agent at Cholamandalam Investment & Finance depends on factors such as experience, performance, and promotions. On average, a Collection Agent can expect the following growth trajectory at Cholamandalam Investment & Finance:

Experience Average Salary Range
3 years ₹2.5 Lakhs to ₹3.5 Lakhs per year
4 years ₹1.1 Lakhs to ₹3.5 Lakhs per year
5 years ₹1.1 Lakhs to ₹4.0 Lakhs per year
6 years ₹2.5 Lakhs to ₹5.1 Lakhs per year
and so on.

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Cholamandalam Investment & Finance Collection Agent Salaries by Location

Cholamandalam Investment & Finance Collection Agent salary in India ranges between ₹2.5 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.