Cholamandalam Investment & Finance Collections Manager Salaries by 80+ Employees (Updated 2025)

3 - 16 years exp.

₹2 Lakhs - ₹9.4 Lakhs

Salary of majority employees

14% less than the average Collections Manager Salary in Financial Services Companies for 3 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 3 - 16 years exp. (23 salaries)	₹2 L/yr - ₹9.4 L/yr
Finance & Accounting Collections Manager Salary 3 - 13 years exp. (21 salaries)	₹2.2 L/yr - ₹7.5 L/yr
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Marketing & Communication Collections Manager Salary 4 - 9 years exp. (6 salaries)	₹3 L/yr - ₹9.1 L/yr
Risk Management & Compliance Collections Manager Salary 4 - 5 years exp. (4 salaries)	₹4.5 L/yr - ₹6.6 L/yr

Last Updated: 15 Feb 2025

Companies similar to Cholamandalam Investment & Finance for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Collections Manager Salary 0 - 10 years exp. (268 salaries)	₹1.3 L/yr - ₹7.5 L/yr 6% less
HDFC Bank Collections Manager Salary 0 - 18 years exp. (1.1k salaries)	₹3 L/yr - ₹11.1 L/yr 36% more	2 job openings
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Mahindra Finance Collections Manager Salary 2 - 10 years exp. (78 salaries)	₹1.5 L/yr - ₹5.5 L/yr 24% less
Shriram Finance Collections Manager Salary 2 - 10 years exp. (196 salaries)	₹1.8 L/yr - ₹6 L/yr 19% less
Tata Capital Collections Manager Salary 3 - 13 years exp. (293 salaries)	₹2.4 L/yr - ₹9.5 L/yr 29% more	14 job openings
L&T Finance Collections Manager Salary 4 - 12 years exp. (117 salaries)	₹2.5 L/yr - ₹8.6 L/yr 26% more
Aditya Birla Capital Collections Manager Salary 3 - 13 years exp. (74 salaries)	₹3.1 L/yr - ₹10.3 L/yr 37% more
Muthoot Finance Collections Manager Salary 3 - 11 years exp. (14 salaries)	₹2.3 L/yr - ₹5.5 L/yr 4% less	6 job openings
Reliance Capital Collections Manager Salary 5 - 11 years exp. (6 salaries)	₹4.5 L/yr - ₹6.6 L/yr 7% more
Edelweiss Collections Manager Salary 3 - 15 years exp. (14 salaries)	₹3.5 L/yr - ₹10.5 L/yr 31% more
Bajaj Finserv Collections Manager Salary 0 - 10 years exp. (425 salaries)	₹1.1 L/yr - ₹8.5 L/yr 3% more
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IDFC FIRST Bharat Collections Manager Salary 2 - 13 years exp. (24 salaries)	₹2.1 L/yr - ₹7.8 L/yr 6% more
Citicorp Collections Manager Salary 6 - 14 years exp. (7 salaries)	₹5.2 L/yr - ₹20 L/yr 167% more
Motilal Oswal Financial Services Collections Manager Salary 4 - 12 years exp. (4 salaries)	₹3 L/yr - ₹5.5 L/yr 16% less
HDFC Sales Collections Manager Salary 9 - 10 years exp. (3 salaries)	₹4.1 L/yr - ₹6 L/yr 5% more

Collections Manager salary at Cholamandalam Investment & Finance ranges between ₹2 Lakhs to ₹9.4 Lakhs per year for employees with experience between 3 years to 16 years. Salary estimates are based on 80 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Collections Manager salaries

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹8 L/yr
4 years (11 salaries)	₹2 L/yr - ₹6.6 L/yr
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5 years (11 salaries)	₹2 L/yr - ₹7.5 L/yr
6 years (7 salaries)	₹2.2 L/yr - ₹6.5 L/yr
7 years (5 salaries)	₹2.2 L/yr - ₹8.4 L/yr
8 years (11 salaries)	₹2.2 L/yr - ₹7.8 L/yr
9 years (6 salaries)	₹2.9 L/yr - ₹9.1 L/yr
10 years (8 salaries)	₹2.6 L/yr - ₹9.4 L/yr
11 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.4 L/yr
12 years (5 salaries)	₹3 L/yr - ₹6 L/yr
13 years (3 salaries)	₹3.7 L/yr - ₹5.3 L/yr
14 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹9.1 L/yr
15+ years (7 salaries)	₹4.8 L/yr - ₹8.6 L/yr

View all

Similar Designation salaries in Cholamandalam Investment & Finance

Collection Officer Salary

(54 salaries)

₹1.8 L/yr - ₹4.16 L/yr

Area Collection Manager Salary

(203 salaries)

₹4 L/yr - ₹16.8 L/yr

Zonal Collection Manager Salary

(4 salaries)

₹35 L/yr - ₹50 L/yr

Collection Associate Salary

(5 salaries)

₹1.8 L/yr - ₹2.8 L/yr

Branch Collection Manager Salary

(23 salaries)

₹3.4 L/yr - ₹6.05 L/yr

Cluster Manager Salary

(4 salaries)

₹9.59 L/yr - ₹13 L/yr

Relationship Manager Salary

(173 salaries)

₹2 L/yr - ₹6.3 L/yr

Recovery Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Branch Manager Salary

(72 salaries)

₹2.75 L/yr - ₹10.5 L/yr

Agency Manager Salary

(4 salaries)

₹4 L/yr - ₹4.2 L/yr

Top skills at Cholamandalam Investment & Finance for Collections Manager

Collections Npa LCV Housing Loan Home Loans Auto Loans Car Loan Loan Recovery Housing Finance Two Wheeler Loan Vehicle Finance Commercial Vehicle Mortgage Loans Home Finance Commercial Vehicle Loans

Salary related reviews for Cholamandalam Investment & Finance

3.9

Rated by 36 employees for salary & benefits

Collections Manager in Bhadrak

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 02 May 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company polices are good, appraisals are fair and they give good salaryhike and bonus every year.

Salary - Excellent

+6 more

Dislikes

No issue to dislike

Collections Manager in Kurnool

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 12 Sep 2018

3.0

for Salary and Benefits

Likes

Good team work,good training,secured job, better growth, excellent salary growth, politics also high, good learning, good work environment, implementation New ideas,we can balance work and life

Job security - Good

+3 more

Dislikes

Management will not considered hord workers

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

Area Collection Manager in Udaipur (working remotely)

Full Time

Finance & Accounting Department

3.0

• posted on 30 Jan 2025

4.0

for Salary and Benefits

Likes

Not much but salary comparison is little high than industry

Salary - Good

+1 more

Dislikes

It should improve employee welfare calture no weekly off no leave, if on leave have to attend con call . Worst culture of any time con call. Early morning 6 o clock late evening after 8 o clock con call No personal life, working on weekends and even on Sunday. Public holidays are in calendar only . No festival leave Lots of parameters which are useless . Penetration of separation is high. Apologise to write with personal experience

Work satisfaction - Poor

+2 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

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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 opportunity to swap my company. I am confused about what I do. Please advise?

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Cholamandalam Investment & Finance Collections Manager Salary FAQs

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

Collections Manager salary at Cholamandalam Investment & Finance in India ranges between ₹2.0 Lakhs to ₹9.4 Lakhs for experience between 3 years to 16 years. According to our estimates it is 14% less than the average Collections Manager Salary in India. Salary estimates are based on 80 latest salaries received from various employees of Cholamandalam Investment & Finance India.

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

The average salary of a Collections Manager at Cholamandalam Investment & Finance is 14% less than the average salary of a Collections Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Collections Manager at Cholamandalam Investment & Finance?

Collections, Npa, LCV, Housing Loan and Home Loans are some of the popular skills required to work as a Collections Manager at Cholamandalam Investment & Finance India.

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

Citicorp Collections Manager Salary - ₹5.2 Lakhs to ₹20.0 Lakhs per year
Aditya Birla Capital Collections Manager Salary - ₹3.1 Lakhs to ₹10.3 Lakhs per year
HDFC Bank Collections Manager Salary - ₹3.0 Lakhs to ₹11.1 Lakhs per year
Edelweiss Collections Manager Salary - ₹3.5 Lakhs to ₹10.5 Lakhs per year
Tata Capital Collections Manager Salary - ₹2.4 Lakhs to ₹9.5 Lakhs per year

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

L&T Finance Collections Manager Salary - ₹2.5 Lakhs to ₹8.6 Lakhs per year
Reliance Capital Collections Manager Salary - ₹4.5 Lakhs to ₹6.6 Lakhs per year
IDFC FIRST Bharat Collections Manager Salary - ₹2.1 Lakhs to ₹7.8 Lakhs per year
HDFC Sales Collections Manager Salary - ₹4.1 Lakhs to ₹6.0 Lakhs per year
Bajaj Finserv Collections Manager Salary - ₹1.1 Lakhs to ₹8.5 Lakhs per year

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

The estimated take-home salary of a Collections Manager at Cholamandalam Investment & Finance ranges between ₹35,940 per month to ₹37,166 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Collections Manager salary in India which ranges between ₹2.0 Lakhs to ₹9.4 Lakhs per year for employees with experience between 3 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 43% of the Cholamandalam Investment & Finance Collections Managers reported a notice period of 1 Month, 42% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 92 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Collections Manager Salaries

Cholamandalam Investment & Finance Collections Manager salary in India ranges between ₹2 Lakhs to ₹9.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 80 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

Cholamandalam Investment & Finance Collections Manager salaries in India (Updated 2025)

Companies similar to Cholamandalam Investment & Finance for Collections Manager

Latest annual salaries shared by Cholamandalam Investment & Finance Collections Manager

Experience wise Cholamandalam Investment & Finance Collections Manager salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Top skills at Cholamandalam Investment & Finance for Collections Manager

Salary related reviews for Cholamandalam Investment & Finance

Collections Manager in Bhadrak

Collections Manager in Kurnool

Team Lead in Kolkata

Area Collection Manager in Udaipur (working remotely)

Relationship Manager in Ranchi

Cholamandalam Investment & Finance Collections Manager Salary FAQs

Tell us how to improve this page.

Cholamandalam Investment & Finance Collections Manager Salaries by Location