Cholamandalam Investment & Finance Development Engineer Salaries by Employees (Updated 2025)

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₹4.5 Lakhs - ₹5.8 Lakhs

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Salary of majority employees

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Last Updated: 9 Feb 2025

Companies similar to Cholamandalam Investment & Finance for Development Engineer

Company name	Avg Annual Salary	Open Jobs
HSBC Group Development Engineer Salary 1 - 5 years exp. (4 salaries)	₹7 L/yr - ₹10.5 L/yr 76% more
Calsoft Development Engineer Salary 0 - 4 years exp. (335 salaries)	₹3 L/yr - ₹10.9 L/yr 20% more
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Signify Development Engineer Salary 2 - 11 years exp. (202 salaries)	₹9 L/yr - ₹37 L/yr 314% more
Comcast Development Engineer Salary 1 - 10 years exp. (124 salaries)	₹6.5 L/yr - ₹27 L/yr 205% more	12 job openings
Pramati Technologies Development Engineer Salary 2 - 6 years exp. (102 salaries)	₹6.8 L/yr - ₹19 L/yr 111% more

Development Engineer salary at Cholamandalam Investment & Finance ranges between ₹4.5 Lakhs to ₹5.8 Lakhs per year for employees with 7 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Cholamandalam Investment & Finance.

Similar Designation salaries in Cholamandalam Investment & Finance

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₹2.3 L/yr - ₹2.9 L/yr

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₹15.3 L/yr - ₹19.5 L/yr

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₹1.7 L/yr - ₹3.8 L/yr

Salary related reviews for Cholamandalam Investment & Finance

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

Officer in Sundargarh

Finance & Accounting Department

5.0

• posted on 06 May 2021

3.0

for Salary and Benefits

Likes

...gement is transparent. There 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.

Skill development - Excellent

+4 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 years before which you cannot resign. On the job training is not given to new joinees

Job security - Poor

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

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What people are saying about Cholamandalam Investment & Finance

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a head branch credit ops

Career Suggestions.

I am a Credit Officer working in a NBFC Company since last 5 years. In the last 5 years of my period I have gathered lots of experience in the field of Finance. But the biggest concern is though I gathered a lot of experience my CTC is 3.0 LPA. Though I got the opportunity to swap my company. I am confused about what I do. Please advise?

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Cholamandalam Investment & Finance Development Engineer Salary FAQs

What is the notice period for Development Engineer at Cholamandalam Investment & Finance?

According to AmbitionBox, 100% of the Cholamandalam Investment & Finance Development Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Development Engineer Salaries

Cholamandalam Investment & Finance Development Engineer salary in India ranges between ₹4.5 Lakhs to ₹5.8 Lakhs. This is an estimate based on latest salaries received from employees of Cholamandalam Investment & Finance.