Cholamandalam Investment & Finance Credit Associate Salaries by 4 Employees (Updated 2025)

1 - 8 years exp.

₹2.1 Lakhs - ₹4.6 Lakhs

Low Confidence

Salary of majority employees

29% less than the average Credit Associate Salary in Financial Services Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Associate Salary 5 - 8 years exp. (3 salaries)	₹3.3 L/yr - ₹4.6 L/yr
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Finance & Accounting Credit Associate Salary 1 year exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.3 L/yr

Last Updated: 11 Jan 2025

Companies similar to Cholamandalam Investment & Finance for Credit Associate

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Associate Salary 3 - 7 years exp. (4 salaries)	₹1.2 L/yr - ₹5 L/yr 27% less
Mahindra Finance Credit Associate Salary 2 - 3 years exp. (4 salaries)	₹1.1 L/yr - ₹1.9 L/yr 47% less
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Tata Capital Credit Associate Salary 2 - 4 years exp. (4 salaries)	₹2 L/yr - ₹2.5 L/yr 29% less
Aditya Birla Capital Credit Associate Salary 0 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹3 L/yr 16% less
Muthoot Finance Credit Associate Salary 3 - 5 years exp. (5 salaries)	₹2.9 L/yr - ₹3.1 L/yr 7% less
JPMorgan Chase & Co. Credit Associate Salary 2 - 5 years exp. (24 salaries)	₹20 L/yr - ₹36 L/yr 743% more
HSBC Group Credit Associate Salary 2 - 6 years exp. (10 salaries)	₹11 L/yr - ₹20 L/yr 415% more
Wells Fargo Credit Associate Salary 3 - 6 years exp. (4 salaries)	₹12.5 L/yr - ₹13.7 L/yr 312% more
BNP Paribas Credit Associate Salary 5 - 6 years exp. (4 salaries)	₹24 L/yr - ₹25.5 L/yr 673% more
Morgan Stanley Credit Associate Salary 4 - 6 years exp. (3 salaries)	₹20.3 L/yr - ₹1.9 Cr/yr 4061% more
Citicorp Credit Associate Salary 4 - 7 years exp. (3 salaries)	₹24 L/yr - ₹29.5 L/yr 758% more
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Credit Associate salary at Cholamandalam Investment & Finance ranges between ₹2.1 Lakhs to ₹4.6 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Credit Associate salaries

Last Updated: 11 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.1 L/yr
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.1 L/yr
6 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹4.6 L/yr

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Salary related reviews for Cholamandalam Investment & Finance

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

Regional Legal Manager in Mumbai

Full Time

Legal & Regulatory Department

4.0

• posted on 04 Jan 2025

5.0

for Salary and Benefits

Likes

Company compensation is good and appraisal are excellent. You get freedom to do whatever you want to until you are justifying the companies interest.

Salary - Excellent

+4 more

Dislikes

Just some people don't know how to collaborate with people, they are just interested in playing dirty politics to show Management how better are they from other people. Senior people get easily influenced by others and make their opinion about sincere peoples.

Credit Operation Executive in Margherita

Full Time

Finance & Accounting Department

3.0

• posted on 06 Nov 2024

3.0

for Salary and Benefits

Likes

Salary get credited on time. Moreover, the increment process is done by one's yearly performance.

Skill development - Good

+1 more

Dislikes

No time for home, we have to have to work like cow. We come to office at 9:00 am and no time to return home. Abusing words by seniors. Even if we take leave we are being called and asked to do complete the task. Lots of uneducated/unskilled person getting a big sum of money.

Promotions - Poor

+3 more

Branch Credit Operations Manager in Panipat

Full Time

Finance & Accounting Department

2.0

• posted on 26 Sep 2024

5.0

for Salary and Benefits

Likes

The only good thing about my tenor in chola was good salary, they will pay you handsomely if you are working good enough . You will learn how to manage and micromanage your team

Salary - Excellent

+3 more

Dislikes

Work life balance is pathetic, you have to start your day early and the day will never come to an end. Continuous con calls even if you are on leave officially.

Work satisfaction - Bad

+2 more

Area Credit Manager in Barwani

Full Time

Finance & Accounting Department

4.0

• posted on 01 Sep 2024

5.0

for Salary and Benefits

Likes

Friendly nature with seniors and employes .Good salary benifits and incentive structure. Skill development and time to time learning module.

Salary - Excellent

+5 more

Dislikes

Office work timing not fixed. We have not sufficient time for family

Work-life balance - Poor

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What people are saying about Cholamandalam Investment & Finance

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a senior associate manager

I am 31, started my career as a Credit and operation officer. It's been 3.3 years with CTC of Rs. 2.40 LPA. What should I do?

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Cholamandalam Investment & Finance Credit Associate Salary FAQs

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

Credit Associate salary at Cholamandalam Investment & Finance in India ranges between ₹2.1 Lakhs to ₹4.6 Lakhs for experience between 1 years to 8 years. According to our estimates it is 29% less than the average Credit Associate 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 Credit Associate at Cholamandalam Investment & Finance India compare with the average salary range for this job?

The average salary of a Credit Associate at Cholamandalam Investment & Finance is 29% less than the average salary of a Credit Associate in India. To know exact salary insights, login to view.

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

Morgan Stanley Credit Associate Salary - ₹20.3 Lakhs to ₹190.0 Lakhs per year
Citicorp Credit Associate Salary - ₹24.0 Lakhs to ₹29.5 Lakhs per year
JPMorgan Chase & Co. Credit Associate Salary - ₹20.0 Lakhs to ₹36.0 Lakhs per year
BNP Paribas Credit Associate Salary - ₹24.0 Lakhs to ₹25.5 Lakhs per year
HSBC Group Credit Associate Salary - ₹11.0 Lakhs to ₹20.0 Lakhs per year

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

Wells Fargo Credit Associate Salary - ₹12.5 Lakhs to ₹13.7 Lakhs per year
Muthoot Finance Credit Associate Salary - ₹2.9 Lakhs to ₹3.1 Lakhs per year
Aditya Birla Capital Credit Associate Salary - ₹2.2 Lakhs to ₹3.0 Lakhs per year
HDFC Bank Credit Associate Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
Tata Capital Credit Associate Salary - ₹2.0 Lakhs to ₹2.5 Lakhs per year

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

The estimated take-home salary of a Credit Associate at Cholamandalam Investment & Finance ranges between ₹23,157 per month to ₹24,624 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Credit Associate salary in India which ranges between ₹2.1 Lakhs to ₹4.6 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Credit Associate at Cholamandalam Investment & Finance?

According to AmbitionBox, 67% of the Cholamandalam Investment & Finance Credit Associates reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Credit Associate Salaries

Cholamandalam Investment & Finance Credit Associate salary in India ranges between ₹2.1 Lakhs to ₹4.6 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.