Cholamandalam Investment & Finance Credit Assistant Salaries by 20+ Employees

1 - 8 years exp.

₹1.5 Lakh - ₹3.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

10% more than the average Credit Assistant Salary in Financial Services Companies for 1 - 8 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Credit Assistant Salary 1 - 8 years exp. (17 salaries)	₹1.5 L/yr - ₹3.1 L/yr
Login to view exact salary
BFSI, Investments & Trading Credit Assistant Salary 2 - 6 years exp. (8 salaries)	₹1.8 L/yr - ₹2.6 L/yr

Last Updated: 16 Aug 2024

Companies similar to Cholamandalam Investment & Finance for Credit Assistant

Company name	Avg Annual Salary	Open Jobs
Spandana Sphoorty Financial Credit Assistant Salary 0 - 4 years exp. (177 salaries)	₹1.1 L/yr - ₹4.2 L/yr 15% less
ICICI Bank Credit Assistant Salary 1 - 5 years exp. (8 salaries)	₹1.2 L/yr - ₹2.4 L/yr 26% less
Login to view exact salary
Kotak Mahindra Bank Credit Assistant Salary 2 - 6 years exp. (6 salaries)	₹2 L/yr - ₹2.9 L/yr 1% less
HDFC Bank Credit Assistant Salary 2 - 5 years exp. (5 salaries)	₹2 L/yr - ₹2.3 L/yr 20% less
Navachetana Microfinance Services Credit Assistant Salary 0 - 3 years exp. (5 salaries)	₹1.2 L/yr - ₹3 L/yr 3% more

Credit Assistant salary at Cholamandalam Investment & Finance ranges between ₹1.5 Lakh to ₹3.1 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 26 latest salaries received from various employees of Cholamandalam Investment & Finance.

Latest annual salaries shared by Cholamandalam Investment & Finance Credit Assistant

4mo ago

₹2.5 Lakhs

6 years exp.

9mo ago

₹2.5 Lakhs

5 years exp.

9mo ago

₹2.8 Lakhs

6 years exp.

1y ago

₹2.5 Lakhs

5 years exp.

1y ago

₹3.1 Lakhs

6 years exp.

1y ago

8 years exp.

1y ago

5 years exp.

1y ago

7 years exp.

1y ago

5 years exp.

1y ago

6 years exp.

Experience wise Cholamandalam Investment & Finance Credit Assistant salaries

Last Updated: 16 Aug 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.5 L/yr - ₹4.5 L/yr
2 years (4 salaries)	₹1.9 L/yr - ₹4.5 L/yr
Login to view exact salary
3 years (6 salaries)	₹1.7 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.6 L/yr
5 years (5 salaries)	₹1.8 L/yr - ₹2.8 L/yr
6 years (4 salaries)	₹2.5 L/yr - ₹3.1 L/yr
7 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr
8 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr

View all

From

Credit Assistant

₹

Lakhs/yr

1 - 8 years exp.

Area Credit Manager

₹

Lakhs/yr

6 - 15 years exp.

Credit Assistant 1 - 8 years exp.

Branch Credit Manager 3 - 12 years exp.

148% hike

Area Credit Manager 6 - 15 years exp.

91% hike

From

View 1 more level

Credit Assistant

1 - 8 years exp.

Area Credit Operations Manager

5 - 16 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Salary related reviews for Cholamandalam Investment & Finance

3.7

Rated by 7 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

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.

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.

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.

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.

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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

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 Credit Assistant Salary FAQs

What is the salary of Credit Assistant at Cholamandalam Investment & Finance ?

The average salary of a Credit Assistant at Cholamandalam Investment & Finance in India typically ranges from ₹1.5 Lakhs to ₹3.1 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Credit Assistant at Cholamandalam Investment & Finance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Credit Assistant 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 20+ Cholamandalam Investment & Finance employees in India.

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

The estimated take-home salary of a Credit Assistant at Cholamandalam Investment & Finance in India typically ranges from ₹17,971 to ₹19,665 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from 1 year to 8 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 20+ 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 Credit Assistant in India?

Navachetana Microfinance Services

₹1.2 Lakhs to ₹3.0 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 Credit Assistant in companies similar to Cholamandalam Investment & Finance in India?

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

Kotak Mahindra Bank	₹2.0 Lakhs to ₹2.9 Lakhs per year
Spandana Sphoorty Financial	₹1.1 Lakhs to ₹4.2 Lakhs per year
HDFC Bank	₹2.0 Lakhs to ₹2.3 Lakhs per year
ICICI Bank	₹1.2 Lakhs to ₹2.4 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 Credit Assistant at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
1 year	₹1.5 Lakhs to ₹4.5 Lakhs per year
2 years	₹1.9 Lakhs to ₹4.5 Lakhs per year
3 years	₹1.7 Lakhs to ₹4.5 Lakhs per year
4 years	₹2.2 Lakhs to ₹4.6 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Credit Assistant salary in India ranges between ₹1.5 Lakh to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 26 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.