Cholamandalam Investment & Finance Credit Operations Salaries by 5 Employees

3 - 7 years exp.

₹1.8 Lakh - ₹2.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

8% less than the average Credit Operations Salary in Financial Services Companies for 3 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations Credit Operations Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
Finance & Accounting Credit Operations Salary 3 - 7 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Marketing & Communication Credit Operations Salary 5 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 15 Mar 2023

Companies similar to Cholamandalam Investment & Finance for Credit Operations

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Credit Operations Salary 2 - 4 years exp. (5 salaries)	₹2.4 L/yr - ₹3.6 L/yr 25% more
ICICI Bank Credit Operations Salary 0 - 2 years exp. (9 salaries)	₹1.9 L/yr - ₹3.1 L/yr 4% less
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Bajaj Finance Credit Operations Salary 1 - 6 years exp. (5 salaries)	₹2.9 L/yr - ₹3.6 L/yr 49% more
Bajaj Housing Finance Credit Operations Salary 1 - 3 years exp. (4 salaries)	₹2.2 L/yr - ₹2.8 L/yr 3% more
SBFC Finance Credit Operations Salary 3 - 8 years exp. (4 salaries)	₹2.4 L/yr - ₹3.5 L/yr 16% more

Credit Operations salary at Cholamandalam Investment & Finance ranges between ₹1.8 Lakh to ₹2.8 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Credit Operations salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
7 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Cholamandalam Investment & Finance

4.0

Rated by 1 employees for salary & benefits

Associate Manager in Jajapur

Full Time

Sales & Business Development Department

2.0

• posted on 02 Apr 2025

1.0

for Salary and Benefits

Likes

GOOD SOP

Dislikes

...o take credits but not helping juniors. Emi funding is very bad at this company. You have to pay if customer is not paying and no one cares if you pay and that not recovered

Salary - Bad

+4 more

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

Area Collection Manager in Udaipur (working remotely)

Full Time

Finance & Accounting Department

3.0

• posted on 30 Jan 2025

4.0

for Salary and Benefits

Likes

Not much but salary comparison is little high than industry

Salary - Good

+1 more

Dislikes

It should improve employee welfare calture no weekly off no leave, if on leave have to attend con call . Worst culture of any time con call. Early morning 6 o clock late evening after 8 o clock con call No personal life, working on weekends and even on Sunday. Public holidays are in calendar only . No festival leave Lots of parameters which are useless . Penetration of separation is high. Apologise to write with personal experience

Work satisfaction - Poor

+2 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

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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 Operations Salary FAQs

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

The average salary of a Credit Operations at Cholamandalam Investment & Finance in India typically ranges from ₹1.8 Lakhs to ₹2.8 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Credit Operations at Cholamandalam Investment & Finance earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Credit Operations 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 5 Cholamandalam Investment & Finance employees in India.

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

The estimated take-home salary of a Credit Operations at Cholamandalam Investment & Finance in India typically ranges from ₹16,413 to ₹18,103 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from 3 years to 7 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 5 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 Operations in India?

Bajaj Finance	₹2.9 Lakhs to ₹3.6 Lakhs per year
Bajaj Finserv	₹2.4 Lakhs to ₹3.6 Lakhs per year
SBFC Finance	₹2.4 Lakhs to ₹3.5 Lakhs per year
Bajaj Housing Finance	₹2.2 Lakhs to ₹2.8 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 Operations in companies similar to Cholamandalam Investment & Finance in India?

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

ICICI Bank

₹1.9 Lakhs to ₹3.1 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 Operations at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
3 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
4 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
5 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
6 years	₹2.0 Lakhs to ₹2.5 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Credit Operations Salaries

Cholamandalam Investment & Finance Credit Operations salary in India ranges between ₹1.8 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.