Cholamandalam Investment & Finance Chennai Credit Processing Associate Salaries by 8 Employees

0 - 3 years exp.

₹2 Lakhs - ₹3.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Credit Processing Associate Salary in Financial Services Companies for 0 - 3 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Credit Processing Associate Salary 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr
Login to view exact salary
BFSI, Investments & Trading Credit Processing Associate Salary 0 - 3 years exp. (3 salaries)	₹2 L/yr - ₹3.2 L/yr

Last Updated: 4 Oct 2024

Companies similar to Cholamandalam Investment & Finance for Credit Processing Associate in Chennai

Cholamandalam Investment & Finance Credit Processing Associate Salary

0 - 3 years exp. (8 salaries)

₹2 L/yr - ₹3.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Credit Processing Associate Salary 0 - 4 years exp. (22 salaries)	₹1.9 L/yr - ₹3.3 L/yr 8% less
Yes Bank Credit Processing Associate Salary 1 - 6 years exp. (17 salaries)	₹1.8 L/yr - ₹4.6 L/yr 3% more
Login to view exact salary
ICICI Bank Credit Processing Associate Salary 0 - 6 years exp. (12 salaries)	₹1.5 L/yr - ₹2.6 L/yr 27% less
Axis Bank Credit Processing Associate Salary 0 - 5 years exp. (12 salaries)	₹1.5 L/yr - ₹2.5 L/yr 24% less
Teamultima Services Credit Processing Associate Salary 1 - 3 years exp. (9 salaries)	₹1.5 L/yr - ₹2.5 L/yr 21% less

Credit Processing Associate salary at Cholamandalam Investment & Finance ranges between ₹2 Lakhs to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 8 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Credit Processing Associate salaries in Chennai

Last Updated: 4 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
Login to view exact salary
2 years (3 salaries)	₹2 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in Cholamandalam Investment & Finance

Senior Associate Salary

(30 salaries)

₹1.5 L/yr - ₹4 L/yr

Finance Executive Salary

(18 salaries)

₹1.2 L/yr - ₹4.43 L/yr

Relationship Manager Salary

(13 salaries)

₹1.4 L/yr - ₹5.3 L/yr

Senior Process Associate Salary

(9 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Process Associate Salary

(5 salaries)

₹1.4 L/yr - ₹2.8 L/yr

Management Trainee Salary

(5 salaries)

₹4 L/yr - ₹6.5 L/yr

Top skills at Cholamandalam Investment & Finance for Credit Processing Associate

mortgage Home Loans DSA Lap Retail Assets Credit Operations Mortgage Loans HF Banking Operations Housing CPA DST housing loan Banking Credit Processing

Salary related reviews for Cholamandalam Investment & Finance

4.0

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

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

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?

Got a question about Cholamandalam Investment & Finance?

Ask anonymously on communities.

Cholamandalam Investment & Finance Credit Processing Associate Salary FAQs

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

The average salary of a Credit Processing Associate at Cholamandalam Investment & Finance in Chennai typically ranges from ₹2.0 Lakhs to ₹3.2 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Credit Processing Associate in Chennai at Cholamandalam Investment & Finance earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Credit Processing 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 8 Cholamandalam Investment & Finance employees in India.

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

The estimated take-home salary of a Credit Processing Associate at Cholamandalam Investment & Finance in Chennai typically ranges from ₹19,890 to ₹21,555 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from Fresher to 3 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 8 salaries received from various employees of Cholamandalam Investment & Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Credit Processing Associate at Cholamandalam Investment & Finance in Chennai?

To be a Credit Processing Associate at Cholamandalam Investment & Finance in Chennai, the key skills required include:

- mortgage
- Home Loans
- DSA
- Lap
- Retail Assets

These skills are highly valued at Cholamandalam Investment & Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Cholamandalam Investment & Finance for Credit Processing Associate in India?

Yes Bank

₹1.8 Lakhs to ₹4.6 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 Processing Associate in companies similar to Cholamandalam Investment & Finance in Chennai?

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

Kotak Mahindra Bank	₹1.9 Lakhs to ₹3.3 Lakhs per year
Teamultima Services	₹1.5 Lakhs to ₹2.5 Lakhs per year
Axis Bank	₹1.5 Lakhs to ₹2.5 Lakhs per year
ICICI Bank	₹1.5 Lakhs to ₹2.6 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 Processing Associate at Cholamandalam Investment & Finance in Chennai?

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

Experience	Average Salary Range
Fresher	₹2.4 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.

Tell us how to improve this page.

Home >
Salaries >
Cholamandalam Investment & Finance Salaries >
Cholamandalam Investment & Finance Credit Processing Associate Salaries >
Cholamandalam Investment & Finance Credit Processing Associate Salaries in Chennai

Cholamandalam Investment & Finance Credit Processing Associate salary in Chennai ranges between ₹2 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

Cholamandalam Investment & Finance Credit Processing Associate salaries in Chennai

Companies similar to Cholamandalam Investment & Finance for Credit Processing Associate in Chennai

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

Experience wise Cholamandalam Investment & Finance Credit Processing Associate salaries in Chennai

Similar Designation salaries in Cholamandalam Investment & Finance

Top skills at Cholamandalam Investment & Finance for Credit Processing Associate

Salary related reviews for Cholamandalam Investment & Finance

Team Lead in Kolkata

Relationship Manager in Ranchi

Area Collection Manager in Udaipur (working remotely)

Regional Legal Manager in Mumbai

Credit Operation Executive in Margherita

Cholamandalam Investment & Finance Credit Processing Associate Salary FAQs

Tell us how to improve this page.