Cholamandalam Investment & Finance Financial Associate Salaries by 5 Employees (Updated 2025)

1 - 5 years exp.

₹2.5 Lakhs - ₹3.9 Lakhs

Low Confidence

Salary of majority employees

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39% less than the average Financial Associate Salary in Financial Services Companies for 1 - 5 years of experience

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Last Updated: 4 Feb 2025

Companies similar to Cholamandalam Investment & Finance for Financial Associate

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Financial Associate Salary 0 - 2 years exp. (4 salaries)	Unlock ₹2.1 L/yr - ₹2.4 L/yr 27% less
HDFC Bank Financial Associate Salary 1 - 5 years exp. (7 salaries)	Unlock ₹2.2 L/yr - ₹5.1 L/yr 13% more
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Mahindra Finance Financial Associate Salary 2 years exp. (3 salaries)	Unlock ₹2 L/yr - ₹2.5 L/yr 29% less
Shriram Finance Financial Associate Salary 0 - 2 years exp. (5 salaries)	Unlock ₹1 L/yr - ₹2.5 L/yr 39% less
Tata Capital Financial Associate Salary 2 - 5 years exp. (4 salaries)	Unlock ₹3 L/yr - ₹4.1 L/yr 25% more
L&T Finance Financial Associate Salary 1 - 5 years exp. (3 salaries)	Unlock ₹2.2 L/yr - ₹3 L/yr 13% less
Muthoot Finance Financial Associate Salary Fresher (3 salaries)	Unlock ₹1.1 L/yr - ₹1.4 L/yr 59% less
Edelweiss Financial Associate Salary 1 - 2 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹3.5 L/yr 12% more
Wells Fargo Financial Associate Salary 1 - 11 years exp. (85 salaries)	Unlock ₹5 L/yr - ₹19.5 L/yr 324% more
State Street Corporation Financial Associate Salary 1 - 3 years exp. (85 salaries)	Unlock ₹2.4 L/yr - ₹5.5 L/yr 25% more
JPMorgan Chase & Co. Financial Associate Salary 3 - 9 years exp. (71 salaries)	Unlock ₹9.8 L/yr - ₹30 L/yr 618% more
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BNY Financial Associate Salary 1 - 6 years exp. (44 salaries)	Unlock ₹2.5 L/yr - ₹9 L/yr 156% more
HDFC Sales Financial Associate Salary 0 - 4 years exp. (40 salaries)	Unlock ₹1.5 L/yr - ₹4.5 L/yr 7% less
Morgan Stanley Financial Associate Salary 2 - 6 years exp. (39 salaries)	Unlock ₹7 L/yr - ₹18 L/yr 305% more
BNP Paribas Financial Associate Salary 0 - 7 years exp. (13 salaries)	Unlock ₹2.7 L/yr - ₹6.6 L/yr 45% more
Bajaj Finserv Financial Associate Salary 0 - 3 years exp. (8 salaries)	Unlock ₹1.8 L/yr - ₹6.5 L/yr 19% more
UBS Financial Associate Salary 1 - 3 years exp. (5 salaries)	Unlock ₹9.5 L/yr - ₹21 L/yr 401% more
HSBC Group Financial Associate Salary 0 - 3 years exp. (5 salaries)	Unlock ₹3 L/yr - ₹3.6 L/yr 9% more
Aon Financial Associate Salary 0 - 2 years exp. (4 salaries)	Unlock ₹2.4 L/yr - ₹4 L/yr 8% less
Northern Trust Operating Services Financial Associate Salary 0 - 3 years exp. (4 salaries)	Unlock ₹2.4 L/yr - ₹2.7 L/yr 10% less

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Financial Associate salary at Cholamandalam Investment & Finance ranges between ₹2.5 Lakhs to ₹3.9 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Financial Associate salaries

Last Updated: 4 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹5 L/yr
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3 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹1.2 L/yr - ₹3.9 L/yr

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Salary related reviews for Cholamandalam Investment & Finance

3.6

Rated by 3 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

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

see more salary related reviews

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What people are saying about Cholamandalam Investment & Finance

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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 opportun... read more

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Cholamandalam Investment & Finance Financial Associate Salary FAQs

What is the salary of Financial Associate at Cholamandalam Investment & Finance?

Financial Associate salary at Cholamandalam Investment & Finance in India ranges between ₹2.5 Lakhs to ₹3.9 Lakhs for experience between 1 years to 5 years. According to our estimates it is 39% less than the average Financial Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam Investment & Finance India.

How does the salary of a Financial Associate at Cholamandalam Investment & Finance India compare with the average salary range for this job?

The average salary of a Financial Associate at Cholamandalam Investment & Finance is 39% less than the average salary of a Financial Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam Investment & Finance to a Financial Associate in India?

JPMorgan Chase & Co. Financial Associate Salary - ₹9.8 Lakhs to ₹30.0 Lakhs per year
UBS Financial Associate Salary - ₹9.5 Lakhs to ₹21.0 Lakhs per year
Wells Fargo Financial Associate Salary - ₹5.0 Lakhs to ₹19.5 Lakhs per year
Morgan Stanley Financial Associate Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
American Express Financial Associate Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year

What is the salary of a Financial Associate in companies similar to Cholamandalam Investment & Finance in India?

BNY Financial Associate Salary - ₹2.5 Lakhs to ₹9.0 Lakhs per year
FactSet Financial Associate Salary - ₹4.8 Lakhs to ₹8.0 Lakhs per year
Citicorp Financial Associate Salary - ₹5.0 Lakhs to ₹6.0 Lakhs per year
BNP Paribas Financial Associate Salary - ₹2.7 Lakhs to ₹6.6 Lakhs per year
State Street Corporation Financial Associate Salary - ₹2.4 Lakhs to ₹5.5 Lakhs per year

What is the estimated take home salary of a Financial Associate at Cholamandalam Investment & Finance in India?

The estimated take-home salary of a Financial Associate at Cholamandalam Investment & Finance ranges between ₹20,628 per month to ₹22,281 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Financial Associate salary in India which ranges between ₹2.5 Lakhs to ₹3.9 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Financial Associate at Cholamandalam Investment & Finance?

According to AmbitionBox, 88% of the Cholamandalam Investment & Finance Financial Associates reported a notice period of 1 Month, 12% reported a notice period of 15 days or less.This is based on 8 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Financial Associate Salaries

Cholamandalam Investment & Finance Financial Associate salary in India ranges between ₹2.5 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.