Cholamandalam Investment & Finance Dhanbad Salaries by 20+ Employees

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Designation	Avg Annual Salary	Open Jobs
Area Collection Manager 12 - 14 years exp. · Dhanbad (3 salaries)	₹10 L/yr - ₹12 L/yr	5 job openings
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Senior Sales Executive 5 - 7 years exp. · Dhanbad (AmbitionBox Estimate)	₹3.4 L/yr - ₹3.5 L/yr
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Branch Receivable Manager 7 - 8 years exp. · Dhanbad (AmbitionBox Estimate)	₹3.5 L/yr - ₹5.1 L/yr
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Credit Executive 4 - 5 years exp. · Dhanbad (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 L/yr
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Assistant Relationship Manager 3 - 4 years exp. · Dhanbad (AmbitionBox Estimate)	₹2 L/yr - ₹2.2 L/yr
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Regional Collection Manager 12 - 14 years exp. · Dhanbad (AmbitionBox Estimate)	₹12 L/yr - ₹16.3 L/yr	2 job openings
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Finance Executive 0 - 3 years exp. · Dhanbad (AmbitionBox Estimate)	₹1.8 L/yr - ₹3 L/yr
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Regional Manager 18 - 20 years exp. · Dhanbad (AmbitionBox Estimate)	₹12.5 L/yr - ₹18.5 L/yr
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Back Office Operation Executive 1 year exp. · Dhanbad (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr
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Associate 5 - 6 years exp. · Dhanbad (AmbitionBox Estimate)	₹3.4 L/yr - ₹3.5 L/yr
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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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Salary related reviews for Cholamandalam Investment & Finance

3.7

Rated by 14 employees for salary & benefits

Associate Manager in Jajapur

Full Time

Sales & Business Development Department

2.0

• posted on 02 Apr 2025

1.0

for Salary and Benefits

Likes

GOOD SOP

Dislikes

...o take credits but not helping juniors. Emi funding is very bad at this company. You have to pay if customer is not paying and no one cares if you pay and that not recovered

Salary - Bad

+4 more

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

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

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Cholamandalam Investment & Finance interview questions by designations

Sales Officer (7)Credit Operation Executive (7)Branch Credit Manager (6)Area Sales Manager (6)

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Know more about Cholamandalam Investment & Finance Dhanbad

Cholamandalam Investment & Finance Salary FAQs

How much does Cholamandalam Investment & Finance pay to its employees?

The average annual salary at Cholamandalam Investment & Finance varies depending on the role, experience, and location. The salary ranges for some popular designations at Cholamandalam Investment & Finance, are as follows:

Area Collection Manager	₹10 Lakhs to ₹12 Lakhs per year
Senior Sales Executive	₹3.4 Lakhs to ₹3.5 Lakhs per year
Branch Receivable Manager	₹3.5 Lakhs to ₹5.1 Lakhs per year
Credit Executive	₹2.5 Lakhs to ₹3 Lakhs per year

The highest-paying role, Zonal Credit Manager, earns between ₹44.5 Lakhs to ₹61 Lakhs per year. The top 10% of employees earn more than ₹14 Lakhs per year, and the top 1% earn over ₹35 Lakhs per year. 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 salary estimates are based on data from 20 salaries submitted by Cholamandalam Investment & Finance employees. Cholamandalam Investment & Finance is rated 3.7 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at Cholamandalam Investment & Finance in Dhanbad?

The salary of a fresher at Cholamandalam Investment & Finance in Dhanbad typically ranges from ₹1.4 Lakh to ₹6.5 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a Junior Officer Salary	₹1.1 Lakhs to ₹3.5 Lakhs per year
Fresher as a Deputy Officer Salary	₹1.8 Lakhs to ₹3 Lakhs per year
Fresher as a Credit Processing Associate Salary	₹2 Lakhs to ₹3 Lakhs per year
Fresher as a Credit Operation Executive Salary	₹1.6 Lakhs to ₹2.8 Lakhs per year

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Average annual salary in Cholamandalam Investment & Finance , Dhanbad is INR . Salary estimates are based on 20+ Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.