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

1 - 5 years exp.

₹2.5 Lakhs - ₹3.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

37% less than the average Financial Associate Salary in Financial Services Companies for 1 - 5 years of experience

Interested in this particular role?

Last Updated: 4 Feb 2025

Companies similar to Cholamandalam Investment & Finance for Financial Associate

Company name	Avg Annual Salary	Open Jobs
State Street Corporation Financial Associate Salary 1 - 3 years exp. (91 salaries)	₹2 L/yr - ₹5.5 L/yr 25% more
Wells Fargo Financial Associate Salary 0 - 11 years exp. (90 salaries)	₹5.2 L/yr - ₹19.5 L/yr 271% more
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JPMorgan Chase & Co. Financial Associate Salary 2 - 9 years exp. (82 salaries)	₹8 L/yr - ₹30 L/yr 547% more
BNY Financial Associate Salary 1 - 6 years exp. (44 salaries)	₹2.5 L/yr - ₹9 L/yr 147% more
HDFC Sales Financial Associate Salary 0 - 4 years exp. (39 salaries)	₹1.8 L/yr - ₹4.5 L/yr 10% less
Morgan Stanley Financial Associate Salary 2 - 6 years exp. (39 salaries)	₹7 L/yr - ₹18 L/yr 299% more
BNP Paribas Financial Associate Salary 0 - 7 years exp. (13 salaries)	₹2.7 L/yr - ₹6.6 L/yr 40% more
Bajaj Finserv Financial Associate Salary 0 - 3 years exp. (8 salaries)	₹1.8 L/yr - ₹6.5 L/yr 15% more
UBS Financial Associate Salary 1 - 3 years exp. (5 salaries)	₹9.5 L/yr - ₹21 L/yr 384% more
HSBC Group Financial Associate Salary 0 - 3 years exp. (5 salaries)	₹3 L/yr - ₹3.6 L/yr 6% more
Aon Financial Associate Salary 0 - 2 years exp. (4 salaries)	₹2.4 L/yr - ₹4 L/yr 11% less
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Northern Trust Operating Services Financial Associate Salary 0 - 3 years exp. (4 salaries)	₹2.4 L/yr - ₹2.7 L/yr 13% less
Bnp Paribas Securities Financial Associate Salary 2 - 4 years exp. (4 salaries)	₹2.7 L/yr - ₹6.1 L/yr 5% less
Marsh McLennan Financial Associate Salary 1 - 4 years exp. (3 salaries)	₹2.7 L/yr - ₹3.9 L/yr 1% less
FactSet Financial Associate Salary 0 - 1 year exp. (3 salaries)	₹4.8 L/yr - ₹8 L/yr 109% more
American Express Financial Associate Salary 1 - 3 years exp. (3 salaries)	₹6 L/yr - ₹11 L/yr 165% more
Citicorp Financial Associate Salary 0 - 2 years exp. (3 salaries)	₹5 L/yr - ₹6 L/yr 78% more

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)	₹2.6 L/yr - ₹3.3 L/yr
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

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Senior Analyst Salary

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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

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

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.

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

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Cholamandalam Investment & Finance Financial Associate Salary FAQs

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

The average salary of a Financial Associate at Cholamandalam Investment & Finance in India typically ranges from ₹2.5 Lakhs to ₹3.9 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Financial Associate at Cholamandalam Investment & Finance earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹3.9 Lakhs per year. Financial Associate 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 estimates are based on salary data submitted by 5 Cholamandalam Investment & Finance employees in India.

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 in India typically ranges from ₹21,438 to ₹23,080 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.9 Lakhs per year for employees with experience ranging from 1 year to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Cholamandalam Investment & Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Cholamandalam Investment & Finance for Financial Associate in India?

JPMorgan Chase & Co.	₹8.0 Lakhs to ₹30.0 Lakhs per year
UBS	₹9.5 Lakhs to ₹21.0 Lakhs per year
Morgan Stanley	₹7.0 Lakhs to ₹18.0 Lakhs per year
Wells Fargo	₹5.2 Lakhs to ₹19.5 Lakhs per year
American Express	₹6.0 Lakhs to ₹11.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Cholamandalam Investment & Finance, depending on the role and experience level.

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

The salary of a Financial Associate at companies similar to Cholamandalam Investment & Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BNY	₹2.5 Lakhs to ₹9.0 Lakhs per year
FactSet	₹4.8 Lakhs to ₹8.0 Lakhs per year
Citicorp	₹5.0 Lakhs to ₹6.0 Lakhs per year
BNP Paribas	₹2.7 Lakhs to ₹6.6 Lakhs per year
State Street Corporation	₹2.0 Lakhs to ₹5.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
1 year	₹2.6 Lakhs to ₹3.3 Lakhs per year
2 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.4 Lakhs per year

and so on.

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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.