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3.9

based on 4.7k Reviews

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

Annual salary range
3 - 14 years exp.
₹2 Lakhs - ₹9.2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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9% less than the average Collections Manager Salary in Financial Services Companies for 3 - 14 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Collections Manager Salary
3 - 12 years exp. (18 salaries)
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₹2.2 L/yr - ₹8 L/yr

BFSI, Investments & Trading
Collections Manager Salary
3 - 14 years exp. (15 salaries)
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₹2 L/yr - ₹9 L/yr

Marketing & Communication
Collections Manager Salary
4 - 9 years exp. (8 salaries)
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₹3 L/yr - ₹9.2 L/yr

Risk Management & Compliance
Collections Manager Salary
4 - 5 years exp. (4 salaries)
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₹4.5 L/yr - ₹6.6 L/yr

Last Updated: 10 Mar 2025

Companies similar to Cholamandalam Investment & Finance for Collections Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Finserv Collections Manager Salary

0 - 10 years exp. (450 salaries)
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₹1.1 L/yr - ₹8.5 L/yr

arrow icon 3% less
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Aditya Birla Capital Collections Manager Salary

3 - 14 years exp. (79 salaries)
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₹3.1 L/yr - ₹10.3 L/yr

arrow icon 26% more
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IDFC FIRST Bharat Collections Manager Salary

1 - 12 years exp. (25 salaries)
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₹2 L/yr - ₹7.8 L/yr

arrow icon 3% less
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The Muthoot Group Collections Manager Salary

2 - 19 years exp. (8 salaries)
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₹3 L/yr - ₹6.4 L/yr

arrow icon 11% less
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Citicorp Collections Manager Salary

6 - 14 years exp. (7 salaries)
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₹5.2 L/yr - ₹20 L/yr

arrow icon 150% more
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Shriram Group Collections Manager Salary

2 - 5 years exp. (6 salaries)
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₹2.1 L/yr - ₹3.6 L/yr

arrow icon 48% less
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Motilal Oswal Financial Services Collections Manager Salary

4 - 12 years exp. (4 salaries)
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₹3 L/yr - ₹5.5 L/yr

arrow icon 21% less
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HDFC Sales Collections Manager Salary

9 - 10 years exp. (3 salaries)
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₹4.1 L/yr - ₹6 L/yr

arrow icon 2% less
Collections Manager salary at Cholamandalam Investment & Finance ranges between ₹2 Lakhs to ₹9.2 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 68 latest salaries received from various employees of Cholamandalam Investment & Finance.

Latest annual salaries shared by Cholamandalam Investment & Finance Collections Manager

2d ago
₹8 Lakhs
10 years exp.
3w ago
₹4.3 Lakhs
14 years exp.
1mo ago
₹5.5 Lakhs
8 years exp.
2mo ago
₹9 Lakhs
10 years exp.
3mo ago
₹4.1 Lakhs
3 years exp.
3mo ago
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5 years exp.
3mo ago
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5 years exp.
3mo ago
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8 years exp.
5mo ago
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9 years exp.
6mo ago
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8 years exp.

Experience wise Cholamandalam Investment & Finance Collections Manager salaries

Last Updated: 10 Mar 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹7.8 L/yr
4 years  (11 salaries)

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₹2 L/yr - ₹6.6 L/yr
5 years  (10 salaries)

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₹2 L/yr - ₹6.6 L/yr
6 years  (6 salaries)

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₹2.2 L/yr - ₹6.5 L/yr
7 years  (5 salaries)

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₹2.2 L/yr - ₹8.8 L/yr
View all

Similar Designation salaries in Cholamandalam Investment & Finance

Collection Officer Salary
(191 salaries)
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₹1.45 L/yr - ₹4.25 L/yr
Area Collection Manager Salary
(200 salaries)
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₹4.88 L/yr - ₹16 L/yr
Zonal Collection Manager Salary
(4 salaries)
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₹35 L/yr - ₹50 L/yr
Collection Associate Salary
(5 salaries)
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₹1.8 L/yr - ₹2.8 L/yr
Branch Collection Manager Salary
(23 salaries)
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₹3.4 L/yr - ₹6.05 L/yr
Cluster Manager Salary
(4 salaries)
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₹9.59 L/yr - ₹13 L/yr
Relationship Manager Salary
(174 salaries)
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₹1.4 L/yr - ₹5.7 L/yr
Recovery Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Branch Manager Salary
(65 salaries)
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₹3.5 L/yr - ₹10.5 L/yr
Agency Manager Salary
(4 salaries)
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₹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 37 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.

read more
  • 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

read more
  • 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.

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

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

read more
  • 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.

read more
  • Salary - Bad
    • +6 more
see more salary related reviews

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Salary Discussions, Hike & Promotions
2w (edited)
kirayagami1
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works at
TCS
Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible
Nagarro offer: Kindly Help me to decide
Option 1
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Option 2
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115 participants . poll closed
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Cholamandalam Investment & Finance Collections Manager Salary FAQs

What is the salary of Collections Manager at Cholamandalam Investment & Finance ?
The average salary of a Collections Manager at Cholamandalam Investment & Finance in India typically ranges from ₹2.0 Lakhs to ₹9.2 Lakhs per year, depending on experience (from 3 years to 14 years).

The top 10% of Collections Manager at Cholamandalam Investment & Finance earn more than ₹6.7 Lakhs per year, and the top 1% earn over ₹9.1 Lakhs per year. Collections 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 60+ Cholamandalam Investment & Finance employees in India.
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 in India typically ranges from ₹38,443 to ₹39,631 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹9.2 Lakhs per year for employees with experience ranging from 3 years to 14 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 60+ salaries received from various employees of Cholamandalam Investment & Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Collections Manager at Cholamandalam Investment & Finance ?
To be a Collections Manager at Cholamandalam Investment & Finance in india, the key skills required include:

  • - Collections
  • - Npa
  • - LCV
  • - Housing Loan
  • - Home Loans

These skills are highly valued at Cholamandalam Investment & Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Cholamandalam Investment & Finance for Collections Manager in India?
Citicorp ₹5.2 Lakhs to ₹20.0 Lakhs per year
Aditya Birla Capital ₹3.1 Lakhs to ₹10.3 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 Collections Manager in companies similar to Cholamandalam Investment & Finance in India?
The salary of a Collections 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:

HDFC Sales ₹4.1 Lakhs to ₹6.0 Lakhs per year
Bajaj Finserv ₹1.1 Lakhs to ₹8.5 Lakhs per year
IDFC FIRST Bharat ₹2.0 Lakhs to ₹7.8 Lakhs per year
The Muthoot Group ₹3.0 Lakhs to ₹6.4 Lakhs per year
Motilal Oswal Financial Services ₹3.0 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 Collections Manager at Cholamandalam Investment & Finance in India?
The salary growth for a Collections Manager at Cholamandalam Investment & Finance depends on factors such as experience, performance, and promotions. On average, a Collections Manager can expect the following growth trajectory at Cholamandalam Investment & Finance:

Experience Average Salary Range
3 years ₹2.0 Lakhs to ₹7.8 Lakhs per year
4 years ₹2.0 Lakhs to ₹6.6 Lakhs per year
5 years ₹2.0 Lakhs to ₹6.6 Lakhs per year
6 years ₹2.2 Lakhs to ₹6.5 Lakhs per year
and so on.

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Cholamandalam Investment & Finance Collections Manager Salaries by Location

Cholamandalam Investment & Finance Collections Manager salary in India ranges between ₹2 Lakhs to ₹9.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 68 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.