Cholamandalam Investment & Finance Credit Operations Associate Salaries by 4 Employees

0 - 8 years exp.

₹2 Lakhs - ₹2.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

23% less than the average Credit Operations Associate Salary in Financial Services Companies for 0 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Credit Operations Associate Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.1 L/yr
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Finance & Accounting Credit Operations Associate Salary 8 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr

Last Updated: 16 Nov 2024

Companies similar to Cholamandalam Investment & Finance for Credit Operations Associate

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Capital Credit Operations Associate Salary 1 - 5 years exp. (4 salaries)	₹3 L/yr - ₹3.2 L/yr 48% more
ICICI Bank Credit Operations Associate Salary 0 - 3 years exp. (15 salaries)	₹1.7 L/yr - ₹3.2 L/yr 9% more
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Hiranandani Financial Services Credit Operations Associate Salary 0 - 6 years exp. (13 salaries)	₹3 L/yr - ₹3.3 L/yr 46% more
I Process Services Credit Operations Associate Salary 1 - 3 years exp. (5 salaries)	₹1.7 L/yr - ₹2.8 L/yr 7% more
Ashv Finance Credit Operations Associate Salary 2 - 3 years exp. (5 salaries)	₹3.6 L/yr - ₹5 L/yr 80% more

Credit Operations Associate salary at Cholamandalam Investment & Finance ranges between ₹2 Lakhs to ₹2.2 Lakhs per year for employees with less than 1 year of experience 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 Operations Associate salaries

Last Updated: 16 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
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2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
7 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr

View all

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Salary related reviews for Cholamandalam Investment & Finance

5.0

Rated by 1 employees for salary & benefits

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

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

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

Senior Officer in Jagtial

Full Time

Finance & Accounting Department

5.0

• posted on 21 Dec 2021

4.0

for Salary and Benefits

Likes

Good work team the management is transparent appraisal are fair and they give good salary hike and bonus every year

Salary - Good

+5 more

Dislikes

Mi insurance Targets and charges login days for month 5 , not given growth high level , BRM is not ok Jagtiyal location is unfit this job

Promotions - Poor

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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 Operations Associate Salary FAQs

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

The average salary of a Credit Operations Associate at Cholamandalam Investment & Finance in India typically ranges from ₹2.0 Lakhs to ₹2.2 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Credit Operations Associate at Cholamandalam Investment & Finance earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Credit Operations Associate 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 4 Cholamandalam Investment & Finance employees in India.

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

The estimated take-home salary of a Credit Operations Associate at Cholamandalam Investment & Finance in India typically ranges from ₹14,523 to ₹16,049 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.2 Lakhs per year for employees with experience ranging from Fresher to 8 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 4 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 Associate in India?

Ashv Finance	₹3.6 Lakhs to ₹5.0 Lakhs per year
Aditya Birla Capital	₹3.0 Lakhs to ₹3.2 Lakhs per year
Hiranandani Financial Services	₹3.0 Lakhs to ₹3.3 Lakhs per year
ICICI Bank	₹1.7 Lakhs to ₹3.2 Lakhs per year
I Process Services	₹1.7 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.

How the salary growth look like for a Credit Operations Associate at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹2.3 Lakhs per year
1 year	₹1.8 Lakhs to ₹2.4 Lakhs per year
2 years	₹1.9 Lakhs to ₹2.4 Lakhs per year
3 years	₹1.9 Lakhs to ₹2.4 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Credit Operations Associate Salaries

Cholamandalam Investment & Finance Credit Operations Associate salary in India ranges between ₹2 Lakhs to ₹2.2 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.

Cholamandalam Investment & Finance Credit Operations Associate salaries in India

Companies similar to Cholamandalam Investment & Finance for Credit Operations Associate

Latest annual salaries shared by Cholamandalam Investment & Finance Credit Operations Associate

Experience wise Cholamandalam Investment & Finance Credit Operations Associate salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Salary related reviews for Cholamandalam Investment & Finance

Team Lead in Kolkata

Relationship Manager in Ranchi

Officer in Mysuru / Mysore

Officer in Mp3

Senior Officer in Jagtial

Cholamandalam Investment & Finance Credit Operations Associate Salary FAQs

Tell us how to improve this page.