Cholamandalam Investment & Finance Customer Service Manager Salaries by 4 Employees (Updated 2025)

1 - 2 years exp.

₹3.5 Lakhs - ₹11 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

21% more than the average Customer Service Manager Salary in Financial Services Companies for 1 - 2 years of experience

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Salaries in different departments

Customer Success, Service & Operations Customer Service Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.1 L/yr
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Marketing & Communication Customer Service Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 23 Feb 2025

Companies similar to Cholamandalam Investment & Finance for Customer Service Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Capital Customer Service Manager Salary 2 - 9 years exp. (19 salaries)	₹2.2 L/yr - ₹8 L/yr 20% less
Citicorp Customer Service Manager Salary 3 - 15 years exp. (17 salaries)	₹6.3 L/yr - ₹12.3 L/yr 27% more
Login to view exact salary
Bajaj Finserv Customer Service Manager Salary 0 - 12 years exp. (14 salaries)	₹5 L/yr - ₹7 L/yr 18% less
HSBC Group Customer Service Manager Salary 5 - 11 years exp. (6 salaries)	₹4 L/yr - ₹9 L/yr 36% less
Motilal Oswal Financial Services Customer Service Manager Salary 1 - 15 years exp. (5 salaries)	₹3 L/yr - ₹6 L/yr 43% less
HDFC Sales Customer Service Manager Salary 2 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹3.6 L/yr 61% less
Muthoot Pappachan Group Customer Service Manager Salary 0 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 64% less
IDFC FIRST Bharat Customer Service Manager Salary 5 - 9 years exp. (4 salaries)	₹4.5 L/yr - ₹6 L/yr 18% less
American Express Customer Service Manager Salary 5 - 6 years exp. (3 salaries)	₹5.3 L/yr - ₹6.4 L/yr 22% less

Customer Service Manager salary at Cholamandalam Investment & Finance ranges between ₹3.5 Lakhs to ₹11 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Customer Service Manager salaries

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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2 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr

Similar Designation salaries in Cholamandalam Investment & Finance

Customer Service Officer Salary

(5 salaries)

₹2 L/yr - ₹3 L/yr

Customer Service Associate Salary

(3 salaries)

₹1.7 L/yr - ₹3 L/yr

Customer Service Executive Salary

(9 salaries)

₹1.2 L/yr - ₹2.2 L/yr

Customer Relationship Manager Salary

(7 salaries)

₹2.7 L/yr - ₹3.5 L/yr

Customer Service Representative Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Customer Care Executive Salary

(7 salaries)

₹1.7 L/yr - ₹2.65 L/yr

Customer Support Associate Salary

(4 salaries)

₹1.3 L/yr - ₹6 L/yr

Branch Manager Salary

(65 salaries)

₹3.5 L/yr - ₹10.5 L/yr

Relationship Manager Salary

(174 salaries)

₹1.4 L/yr - ₹5.7 L/yr

Deputy Manager Salary

(160 salaries)

₹1.98 L/yr - ₹9.28 L/yr

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

Sales Officer in Kolkata

Full Time

Sales & Business Development Department

5.0

• posted on 12 Oct 2023

5.0

for Salary and Benefits

Likes

...ead generation is easy as it's infrastructure as well as market reputation good. Salary structure and training is technology based.

Salary - Excellent

+6 more

Dislikes

Most of the superior better but some not mention their name not supportive rather they give prior business but not solve the that time market problem.

Customer Service Executive in Parry's, Chennai

Customer Success, Service & Operations Department

5.0

• posted on 31 May 2022

5.0

for Salary and Benefits

Likes

... executive, i fell good to work in this bcz they treat people's in good way.....and you can improve you skills and they credit the salary in time ...CIFCL a good place to build carrier....Thanks cholamandalam and murugappa groups...

Salary - Excellent

+5 more

Dislikes

The company is good but no increment done

Sales Executive in Hindaun City

Sales & Business Development Department

5.0

• posted on 16 Feb 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling.conpany policies are good appraisal are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of Politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 year before which. which you cannot resign. On the job training is not given to new joinees

see more salary related reviews

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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 Customer Service Manager Salary FAQs

What is the salary of Customer Service Manager at Cholamandalam Investment & Finance ?

The average salary of a Customer Service Manager at Cholamandalam Investment & Finance in India typically ranges from ₹3.5 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Customer Service Manager at Cholamandalam Investment & Finance earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Customer Service Manager 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 Customer Service Manager at Cholamandalam Investment & Finance in India?

The estimated take-home salary of a Customer Service Manager at Cholamandalam Investment & Finance in India typically ranges from ₹54,086 to ₹55,435 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 1 year to 2 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 Customer Service Manager in India?

Citicorp

₹6.3 Lakhs to ₹12.3 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 Customer Service Manager in companies similar to Cholamandalam Investment & Finance in India?

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

IDFC FIRST Bharat	₹4.5 Lakhs to ₹6.0 Lakhs per year
Bajaj Finserv	₹5.0 Lakhs to ₹7.0 Lakhs per year
Aditya Birla Capital	₹2.2 Lakhs to ₹8.0 Lakhs per year
American Express	₹5.3 Lakhs to ₹6.4 Lakhs per year
HSBC Group	₹4.0 Lakhs to ₹9.0 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 Customer Service Manager at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
1 year	₹6.5 Lakhs to ₹8.3 Lakhs per year
2 years	₹6.5 Lakhs to ₹8.3 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Customer Service Manager Salaries

Cholamandalam Investment & Finance Customer Service Manager salary in India ranges between ₹3.5 Lakhs to ₹11 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 Customer Service Manager salaries in India (Updated 2025)

Companies similar to Cholamandalam Investment & Finance for Customer Service Manager

Latest annual salaries shared by Cholamandalam Investment & Finance Customer Service Manager

Experience wise Cholamandalam Investment & Finance Customer Service Manager salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Salary related reviews for Cholamandalam Investment & Finance

Team Lead in Kolkata

Relationship Manager in Ranchi

Sales Officer in Kolkata

Customer Service Executive in Parry's, Chennai

Sales Executive in Hindaun City

Cholamandalam Investment & Finance Customer Service Manager Salary FAQs

Tell us how to improve this page.