Cholamandalam Investment & Finance Credit Manager Salaries by 100+ Employees (Updated 2025)

2 - 12 years exp.

₹2 Lakhs - ₹10 Lakhs

Salary of majority employees

28% less than the average Credit Manager Salary in Financial Services Companies for 2 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 3 - 12 years exp. (58 salaries)	₹2.5 L/yr - ₹10.1 L/yr
Finance & Accounting Credit Manager Salary 2 - 12 years exp. (42 salaries)	₹2.7 L/yr - ₹10 L/yr
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Customer Success, Service & Operations Credit Manager Salary 2 - 7 years exp. (6 salaries)	₹2 L/yr - ₹6 L/yr
Risk Management & Compliance Credit Manager Salary 2 - 11 years exp. (5 salaries)	₹3.6 L/yr - ₹9 L/yr

Last Updated: 15 Feb 2025

Companies similar to Cholamandalam Investment & Finance for Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14.3 L/yr 52% more	5 job openings
Bajaj Finance Credit Manager Salary 1 - 9 years exp. (193 salaries)	₹2.4 L/yr - ₹8.5 L/yr 3% more
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ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.2k salaries)	₹4 L/yr - ₹17.1 L/yr 79% more
Axis Bank Credit Manager Salary 0 - 13 years exp. (827 salaries)	₹4 L/yr - ₹14.8 L/yr 59% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	₹4 L/yr - ₹14.5 L/yr 62% more
Tata Capital Credit Manager Salary 0 - 11 years exp. (436 salaries)	₹4.4 L/yr - ₹12.7 L/yr 44% more	7 job openings
Mahindra Finance Credit Manager Salary 5 - 14 years exp. (89 salaries)	₹2.9 L/yr - ₹12.9 L/yr 33% more
L&T Finance Credit Manager Salary 1 - 9 years exp. (88 salaries)	₹3.3 L/yr - ₹13.1 L/yr 46% more
Muthoot Finance Credit Manager Salary 0 - 12 years exp. (72 salaries)	₹3 L/yr - ₹7.2 L/yr 15% less	3 job openings
Shriram Finance Credit Manager Salary 0 - 12 years exp. (144 salaries)	₹1.8 L/yr - ₹10.3 L/yr 7% more	2 job openings

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Credit Manager salary at Cholamandalam Investment & Finance ranges between ₹2 Lakhs to ₹10 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 153 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Credit Manager salaries

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
2 years (10 salaries)	₹2 L/yr - ₹5 L/yr
3 years (11 salaries)	₹2 L/yr - ₹7.1 L/yr
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4 years (18 salaries)	₹2.5 L/yr - ₹9 L/yr
5 years (27 salaries)	₹2.6 L/yr - ₹9.8 L/yr
6 years (14 salaries)	₹2.6 L/yr - ₹10.1 L/yr
7 years (23 salaries)	₹2.4 L/yr - ₹10.1 L/yr
8 years (16 salaries)	₹3 L/yr - ₹10.5 L/yr
9 years (13 salaries)	₹3.8 L/yr - ₹8.5 L/yr
10 years (9 salaries)	₹4.3 L/yr - ₹9 L/yr
11 years (4 salaries)	₹4.3 L/yr - ₹9 L/yr
12 years (8 salaries)	₹4.3 L/yr - ₹10 L/yr

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From

Credit Manager

2 - 12 years exp.

Area Credit Manager

₹

Lakhs/yr

6 - 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.

Similar Designation salaries in Cholamandalam Investment & Finance

Credit Officer Salary

(119 salaries)

₹1.65 L/yr - ₹3.85 L/yr

Area Credit Manager Salary

(249 salaries)

₹6.17 L/yr - ₹20 L/yr

Branch Manager Salary

(71 salaries)

₹2.75 L/yr - ₹10.5 L/yr

Deputy Manager Salary

(172 salaries)

₹1.8 L/yr - ₹10.24 L/yr

Chief Manager Salary

(28 salaries)

₹6.35 L/yr - ₹10.5 L/yr

Credit Analyst Salary

(23 salaries)

₹2.4 L/yr - ₹4.5 L/yr

Zonal Credit Manager Salary

(10 salaries)

₹44.5 L/yr - ₹61 L/yr

Sales Manager Salary

(75 salaries)

₹2 L/yr - ₹9.15 L/yr

Branch Credit Manager Salary

(325 salaries)

₹2.5 L/yr - ₹9.5 L/yr

Deputy Credit Manager Salary

(12 salaries)

₹2 L/yr - ₹10.71 L/yr

Top skills at Cholamandalam Investment & Finance for Credit Manager

Training

Salary related reviews for Cholamandalam Investment & Finance

3.9

Rated by 41 employees for salary & benefits

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

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

Credit Analyst in Jaipur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 15 Aug 2023

3.0

for Salary and Benefits

Likes

Good company as compare to other NBC Salary is not as level No work life balance You have to work for 24 hr Join office early at 9 am leave office after 8 pm After that they will call you at home to work from home after 8pm Very bad working culture specially if you are working in unsecured loan department that is CSEL DEPARTMENT

Dislikes

Please don't join in CSEL in cholamandalam investment and finance company

Skill development - Poor

+2 more

Officer in Mysuru / Mysore

Full Time

Finance & Accounting Department

5.0

• posted on 21 Dec 2023

2.0

for Salary and Benefits

Likes

I am always like chola

Skill development - Excellent

+2 more

Dislikes

... to give promotion to the employees who have worked for many years in our Chola. Again, he failed to increase the salary. Some managers use bad words.

Salary - Poor

+3 more

Officer in Mp3

Full Time

Other Department

2.0

• posted on 18 Feb 2024

2.0

for Salary and Benefits

Likes

... any executive to move any other company. Also not give promotion to executive. Only they increase salary by 500-1300 yearly only after they get to know, you think yo switch other company.

Dislikes

Same as above. Not recommended if you are futuristic and need growth in career.

Salary - Poor

+4 more

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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 Manager Salary FAQs

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

Credit Manager salary at Cholamandalam Investment & Finance in India ranges between ₹2.0 Lakhs to ₹10.0 Lakhs for experience between 2 years to 12 years. According to our estimates it is 28% less than the average Credit Manager Salary in India. Salary estimates are based on 153 latest salaries received from various employees of Cholamandalam Investment & Finance India.

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

The average salary of a Credit Manager at Cholamandalam Investment & Finance is 28% less than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

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

Training is a popular skill required to work as a Credit Manager at Cholamandalam Investment & Finance.

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

American Express Credit Manager Salary - ₹15.7 Lakhs to ₹35.0 Lakhs per year
Wells Fargo Credit Manager Salary - ₹7.7 Lakhs to ₹25.0 Lakhs per year
Citicorp Credit Manager Salary - ₹7.0 Lakhs to ₹27.9 Lakhs per year
HSBC Group Credit Manager Salary - ₹4.6 Lakhs to ₹17.6 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.0 Lakhs to ₹17.1 Lakhs per year

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

Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.5 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.8 Lakhs per year
HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.3 Lakhs per year
L&T Finance Credit Manager Salary - ₹3.3 Lakhs to ₹13.1 Lakhs per year
Tata Capital Credit Manager Salary - ₹4.4 Lakhs to ₹12.7 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Cholamandalam Investment & Finance ranges between ₹42,217 per month to ₹43,350 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Credit Manager salary in India which ranges between ₹2.0 Lakhs to ₹10.0 Lakhs per year for employees with experience between 2 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 49% of the Cholamandalam Investment & Finance Credit Managers reported a notice period of 3 Months, 40% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 156 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Credit Manager Salaries

Cholamandalam Investment & Finance Credit Manager salary in India ranges between ₹2 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 153 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

Cholamandalam Investment & Finance Credit Manager salaries in India

Companies similar to Cholamandalam Investment & Finance for Credit Manager

Latest annual salaries shared by Cholamandalam Investment & Finance Credit Manager

Experience wise Cholamandalam Investment & Finance Credit Manager salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Top skills at Cholamandalam Investment & Finance for Credit Manager

Salary related reviews for Cholamandalam Investment & Finance

Relationship Manager in Ranchi

Area Credit Manager in Barwani

Credit Analyst in Jaipur

Officer in Mysuru / Mysore

Officer in Mp3

Cholamandalam Investment & Finance Credit Manager Salary FAQs

Tell us how to improve this page.

Cholamandalam Investment & Finance Credit Manager Salaries by Location