Cholamandalam Investment & Finance Chennai Credit Officer Salaries by 10+ Employees (Updated 2025)

0 - 6 years exp.

₹1.7 Lakh - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

27% less than the average Credit Officer Salary in Financial Services Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Officer Salary 2 - 5 years exp. (4 salaries)	₹1.7 L/yr - ₹3 L/yr
Finance & Accounting Credit Officer Salary 3 - 6 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr
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Customer Success, Service & Operations Credit Officer Salary 4 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹2.9 L/yr

Last Updated: 29 Mar 2025

Companies similar to Cholamandalam Investment & Finance for Credit Officer in Chennai

Cholamandalam Investment & Finance Credit Officer Salary

0 - 6 years exp. (12 salaries)

₹1.7 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Credit Officer Salary 1 - 5 years exp. (6 salaries)	₹2.4 L/yr - ₹4 L/yr 20% more
Citicorp Credit Officer Salary 3 - 9 years exp. (6 salaries)	₹5.1 L/yr - ₹17.2 L/yr 347% more
Login to view exact salary
HDFC Sales Credit Officer Salary 2 - 4 years exp. (5 salaries)	₹2.1 L/yr - ₹3.6 L/yr 10% more
Muthoot Pappachan Group Credit Officer Salary 1 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹2.5 L/yr 21% less
Equitas Small Finance Bank Credit Officer Salary 0 - 9 years exp. (112 salaries)	₹1.6 L/yr - ₹4.4 L/yr 7% more	20 job openings

Credit Officer salary at Cholamandalam Investment & Finance ranges between ₹1.7 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 12 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Credit Officer salaries in Chennai

Last Updated: 29 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
Login to view exact salary
2 years (4 salaries)	₹2 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
4 years (3 salaries)	₹1.7 L/yr - ₹2.9 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr

View all

Similar Designation salaries in Cholamandalam Investment & Finance

Deputy Manager Salary

(50 salaries)

₹2 L/yr - ₹6.56 L/yr

Officer Salary

(24 salaries)

₹2 L/yr - ₹3.6 L/yr

Credit Manager Salary

(9 salaries)

₹3.8 L/yr - ₹10.06 L/yr

Credit Executive Salary

(7 salaries)

₹1.85 L/yr - ₹2.7 L/yr

Area Credit Manager Salary

(5 salaries)

₹10 L/yr - ₹13.5 L/yr

Salary related reviews for Cholamandalam Investment & Finance

1.0

Rated by 2 employees for salary & benefits

Credit Officer in Bikaner

BFSI, Investments & Trading Department

4.0

• posted on 21 Apr 2021

4.0

for Salary and Benefits

Likes

Work environment is excellent. Good Culture. Seniors are very supportive. Appraisals and salary hike is very good, bonus part is only satisfactory not too much good.

Salary - Good

+5 more

Dislikes

Overall work culture is very good but there is some thing which I found not good that is there is no any platform for juniors to complaining about their co-workers and senior.

Credit Officer in Rajkot

BFSI, Investments & Trading Department

5.0

• posted on 21 Jul 2021

3.0

for Salary and Benefits

Likes

Credit Operations Department as a good leaning Platform, Good System, Co-Operative Department Staff

Skill development - Excellent

+3 more

Dislikes

Financial Growth is lower due to New Employees getting higher hike salary as comper Existing Experience Employee getting less salary

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Cholamandalam Investment & Finance Credit Officer Salary FAQs

What is the salary of Credit Officer at Cholamandalam Investment & Finance in Chennai?

The average salary of a Credit Officer at Cholamandalam Investment & Finance in Chennai typically ranges from ₹1.7 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 6 years).

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

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

The estimated take-home salary of a Credit Officer at Cholamandalam Investment & Finance in Chennai typically ranges from ₹20,182 to ₹21,843 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 6 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 10+ 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 Officer in India?

Citicorp	₹5.1 Lakhs to ₹17.2 Lakhs per year
Bajaj Finserv	₹2.4 Lakhs to ₹4.0 Lakhs per year
HDFC Sales	₹2.1 Lakhs to ₹3.6 Lakhs per year
Equitas Small Finance Bank	₹1.6 Lakhs to ₹4.4 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 Officer in companies similar to Cholamandalam Investment & Finance in Chennai?

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

Muthoot Pappachan Group

₹2.1 Lakhs to ₹2.5 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 Credit Officer at Cholamandalam Investment & Finance in Chennai?

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

Experience	Average Salary Range
Fresher	₹2.3 Lakhs to ₹3.0 Lakhs per year
1 year	₹2.4 Lakhs to ₹3.1 Lakhs per year
2 years	₹2.0 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Credit Officer Salaries in Chennai

Cholamandalam Investment & Finance Credit Officer salary in Chennai ranges between ₹1.7 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

Cholamandalam Investment & Finance Credit Officer salaries in Chennai (Updated 2025)

Companies similar to Cholamandalam Investment & Finance for Credit Officer in Chennai

Latest annual salaries shared by Cholamandalam Investment & Finance Credit Officer in Chennai

Experience wise Cholamandalam Investment & Finance Credit Officer salaries in Chennai

Similar Designation salaries in Cholamandalam Investment & Finance

Salary related reviews for Cholamandalam Investment & Finance

Credit Officer in Bikaner

Credit Officer in Rajkot

Relationship Manager in Ranchi

Area Credit Manager in Barwani

Credit Analyst in Jaipur

Cholamandalam Investment & Finance Credit Officer Salary FAQs

Tell us how to improve this page.