Cholamandalam Investment & Finance Deputy Manager Grade 2 Salaries by 2 Employees

5 - 17 years exp.

₹9.2 Lakhs - ₹11.8 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Fixed

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Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Grade 2 Salary 17 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹14.3 L/yr
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Sales & Business Development Deputy Manager Grade 2 Salary 5 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr

Last Updated: 29 Feb 2024

Companies similar to Cholamandalam Investment & Finance for Deputy Manager Grade 2

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Bajaj Finserv Deputy Manager Grade 2 Salary 2 - 8 years exp. (26 salaries)	₹3 L/yr - ₹6.5 L/yr 55% less
RBL FinServe Deputy Manager Grade 2 Salary 4 - 10 years exp. (4 salaries)	₹4.5 L/yr - ₹7 L/yr 46% less
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HDFC Sales Deputy Manager Grade 2 Salary 4 - 8 years exp. (3 salaries)	₹5.5 L/yr - ₹8 L/yr 45% less
ICICI Bank Deputy Manager Grade 2 Salary 0 - 15 years exp. (2.8k salaries)	₹3 L/yr - ₹11 L/yr 30% less
Kotak Mahindra Bank Deputy Manager Grade 2 Salary 0 - 10 years exp. (924 salaries)	₹2.6 L/yr - ₹7 L/yr 55% less

Deputy Manager Grade 2 salary at Cholamandalam Investment & Finance ranges between ₹9.2 Lakhs to ₹11.8 Lakhs per year for employees with experience between 5 years to 17 years. Salary estimates are based on 2 latest salaries received from various employees of Cholamandalam Investment & Finance.

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Salary related reviews for Cholamandalam Investment & Finance

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

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

Sales Executive in Hindain City

Sales & Business Development Department

5.0

• posted on 11 Feb 2022

5.0

for Salary and Benefits

Likes

...e is a huge cafeteria and gaming arcade for chilling. Company policies are good. Appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of Politicd and the management doesn't address our issues.salary is decent of 2 year before which you cannot resign. On the job training is not given to new joiners.

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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 Deputy Manager Grade 2 Salary FAQs

How the salary growth look like for a Deputy Manager Grade 2 at Cholamandalam Investment & Finance in India?

The salary growth for a Deputy Manager Grade 2 at Cholamandalam Investment & Finance depends on factors such as experience, performance, and promotions. On average, a Deputy Manager Grade 2 can expect the following growth trajectory at Cholamandalam Investment & Finance:

Experience	Average Salary Range
5 years	₹6.8 Lakhs to ₹8.6 Lakhs per year
15 years	₹11.7 Lakhs to ₹15.0 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Deputy Manager Grade 2 Salaries

Cholamandalam Investment & Finance Deputy Manager Grade 2 salary in India ranges between ₹9.2 Lakhs to ₹11.8 Lakhs. This is an estimate based on latest salaries received from employees of Cholamandalam Investment & Finance.