Cholamandalam Investment & Finance Indore Credit Manager Salaries by 3 Employees (Updated 2025)

3 - 12 years exp.

₹3 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

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23% less than the average Credit Manager Salary in Financial Services Companies for 3 - 12 years of experience

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Last Updated: 25 Aug 2024

Companies similar to Cholamandalam Investment & Finance for Credit Manager in Indore

Cholamandalam Investment & Finance Credit Manager Salary

3 - 12 years exp. (3 salaries)

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₹3 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Capital Credit Manager Salary 2 - 10 years exp. (11 salaries)	Unlock ₹5.5 L/yr - ₹13.2 L/yr 46% more	7 job openings
Bajaj Finserv Credit Manager Salary 1 - 9 years exp. (19 salaries)	Unlock ₹3 L/yr - ₹8.1 L/yr 12% more
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Aditya Birla Capital Credit Manager Salary 2 - 9 years exp. (11 salaries)	Unlock ₹4.5 L/yr - ₹10.4 L/yr 42% more
Edelweiss Credit Manager Salary 2 - 6 years exp. (10 salaries)	Unlock ₹3.6 L/yr - ₹9.6 L/yr 19% more
AU Small Finance Bank Credit Manager Salary 0 - 10 years exp. (52 salaries)	Unlock ₹2.8 L/yr - ₹9.5 L/yr 9% more

Credit Manager salary at Cholamandalam Investment & Finance ranges between ₹3 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Credit Manager salaries in Indore

Last Updated: 25 Aug 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹7.8 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹4.1 L/yr - ₹5.3 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹4.3 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹5.8 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹4.7 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹4.9 L/yr - ₹6.3 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹5.1 L/yr - ₹6.6 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹4.3 L/yr - ₹10.7 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹5.6 L/yr - ₹7.1 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹5.5 L/yr - ₹11.5 L/yr

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From

Credit Manager

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2 - 13 years exp.

Area Credit Manager

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₹

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

Area Credit Manager Salary

(8 salaries)

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₹7.5 L/yr - ₹11.5 L/yr

Branch Credit Manager Salary

(4 salaries)

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₹4.9 L/yr - ₹8 L/yr

Sales Manager Salary

(3 salaries)

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₹3 L/yr - ₹8 L/yr

Top skills at Cholamandalam Investment & Finance for Credit Manager

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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

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 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 opportun... read more

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Cholamandalam Investment & Finance Credit Manager Salary FAQs

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

According to AmbitionBox, 80% of the Cholamandalam Investment & Finance Credit Managers in Indore reported a notice period of 3 Months, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Credit Manager Salaries in Indore

Cholamandalam Investment & Finance Credit Manager salary in Indore ranges between ₹3 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.