Cholamandalam Investment & Finance DGM Salaries by 3 Employees

9 - 19 years exp.

₹32 Lakhs - ₹39 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

10% more than the average DGM Salary in Financial Services Companies for 9 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading DGM Salary 18 years exp. (AmbitionBox Estimate)	₹28.8 L/yr - ₹35.2 L/yr
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Customer Success, Service & Operations DGM Salary 19 years exp. (AmbitionBox Estimate)	₹28.8 L/yr - ₹35.2 L/yr

Last Updated: 7 Sep 2024

Companies similar to Cholamandalam Investment & Finance for DGM

Company name	Avg Annual Salary	Open Jobs
Jio DGM Salary 15 - 23 years exp. (123 salaries)	₹18 L/yr - ₹48 L/yr 13% less
Reliance Industries DGM Salary 12 - 31 years exp. (101 salaries)	₹12 L/yr - ₹41 L/yr 26% less
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Bharti Airtel DGM Salary 11 - 20 years exp. (75 salaries)	₹19 L/yr - ₹48 L/yr 10% less
Tata Motors DGM Salary 12 - 28 years exp. (70 salaries)	₹18.5 L/yr - ₹44 L/yr 6% less
Vodafone Idea DGM Salary 14 - 21 years exp. (66 salaries)	₹13.7 L/yr - ₹37.9 L/yr 32% less

DGM salary at Cholamandalam Investment & Finance ranges between ₹32 Lakhs to ₹39 Lakhs per year for employees with experience between 9 years to 19 years. Salary estimates are based on 3 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance DGM salaries

Last Updated: 7 Sep 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹35.1 L/yr - ₹44.9 L/yr
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15+ years (AmbitionBox Estimate)	₹28.8 L/yr - ₹36.8 L/yr

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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

Deputy Officer in Bhubaneswar

Full Time

Sales & Business Development Department

2.0

• posted on 17 Jun 2023

5.0

for Salary and Benefits

Likes

Company is best, but Senior employee or back office staffs Mind not developed, Old minded.

Salary - Excellent

+2 more

Dislikes

Company best, salary best, job security best, back office or Senior staff behavior is total bad,80% Senior staffs are old minded, back office service is very bad,

Work satisfaction - Bad

+2 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

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 DGM Salary FAQs

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

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

Experience	Average Salary Range
9 years	₹35.1 Lakhs to ₹44.9 Lakhs per year
15 years	₹28.8 Lakhs to ₹36.8 Lakhs per year

and so on.

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Cholamandalam Investment & Finance DGM Salaries

Cholamandalam Investment & Finance DGM salary in India ranges between ₹32 Lakhs to ₹39 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.