Cholamandalam Investment & Finance General Manager Salaries by 5 Employees (Updated 2025)

19 - 23 years exp.

₹30 Lakhs - ₹38.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

8% less than the average General Manager Salary in Financial Services Companies for 19 - 23 years of experience

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Salaries in different departments

Customer Success, Service & Operations General Manager Salary 19 - 21 years exp. (3 salaries)	₹30 L/yr - ₹35.6 L/yr
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Sales & Business Development General Manager Salary 22 years exp. (AmbitionBox Estimate)	₹29.7 L/yr - ₹36.3 L/yr

Last Updated: 12 Mar 2025

Companies similar to Cholamandalam Investment & Finance for General Manager

Company name	Avg Annual Salary	Open Jobs
Shriram Group General Manager Salary 19 - 22 years exp. (5 salaries)	₹11 L/yr - ₹27.3 L/yr 41% less
Bajaj Finserv General Manager Salary 0 - 2 years exp. (5 salaries)	₹32 L/yr - ₹33 L/yr 5% less
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Wells Fargo General Manager Salary 2 - 31 years exp. (4 salaries)	₹14 L/yr - ₹80 L/yr 26% more
JPMorgan Chase & Co. General Manager Salary 5 - 23 years exp. (4 salaries)	₹22 L/yr - ₹47 L/yr 9% less
Mitsubishi Corporation General Manager Salary 15 - 22 years exp. (3 salaries)	₹35 L/yr - ₹49 L/yr 30% more
American Express General Manager Salary 0 - 2 years exp. (3 salaries)	₹44.6 L/yr - ₹1 Cr/yr 89% more

General Manager salary at Cholamandalam Investment & Finance ranges between ₹30 Lakhs to ₹38.4 Lakhs per year for employees with experience between 19 years to 23 years. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance General Manager salaries

Last Updated: 12 Mar 2025

Experience	Avg Annual Salary
15+ years (5 salaries)	₹30 L/yr - ₹38.4 L/yr
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Similar Designation salaries in Cholamandalam Investment & Finance

Area Manager Salary

(69 salaries)

₹5.1 L/yr - ₹16.5 L/yr

Sales Manager Salary

(81 salaries)

₹2 L/yr - ₹9.07 L/yr

Restaurant Manager Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Deputy General Manager Salary

(11 salaries)

₹26.73 L/yr - ₹38 L/yr

Resident Manager Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Cluster Manager Salary

(4 salaries)

₹9.59 L/yr - ₹13 L/yr

Operations Manager Salary

(9 salaries)

₹1.75 L/yr - ₹8.62 L/yr

Assistant General Manager Salary

(40 salaries)

₹12 L/yr - ₹29 L/yr

Business Development Manager Salary

(5 salaries)

₹1.85 L/yr - ₹6 L/yr

Salary related reviews for Cholamandalam Investment & Finance

4.0

Rated by 1 employees for salary & benefits

Operations Manager in Kollam

Data Science & Analytics Department

5.0

• posted on 09 Nov 2017

5.0

for Salary and Benefits

Likes

It will help to get a career growth and also help my internal teammates with my jobs.The training period is such a wonderful memory moment in Kochi.

Salary - Excellent

+5 more

Dislikes

Im the only man to control in my branch singly. The work pressure is high and also my compensation very low. Im dealing files , collections , insurance , customers and employees in that branch. There is no manpower in that section

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.

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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 General Manager Salary FAQs

What is the salary of General Manager at Cholamandalam Investment & Finance ?

The average salary of a General Manager at Cholamandalam Investment & Finance in India typically ranges from ₹30.0 Lakhs to ₹38.4 Lakhs per year, depending on experience (from 19 years to 23 years).

The top 10% of General Manager at Cholamandalam Investment & Finance earn more than ₹38.4 Lakhs per year, and the top 1% earn over ₹38.4 Lakhs per year. General Manager 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 General Manager at Cholamandalam Investment & Finance in India?

The estimated take-home salary of a General Manager at Cholamandalam Investment & Finance in India typically ranges from ₹2,05,345 to ₹2,13,493 per month. This is based on the average salary range of ₹30.0 Lakhs to ₹38.4 Lakhs per year for employees with experience ranging from 19 years to 23 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 General Manager in India?

American Express	₹44.6 Lakhs to ₹102.0 Lakhs per year
Mitsubishi Corporation	₹35.0 Lakhs to ₹49.0 Lakhs per year
Wells Fargo	₹14.0 Lakhs to ₹80.0 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 General Manager in companies similar to Cholamandalam Investment & Finance in India?

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

Bajaj Finserv	₹32.0 Lakhs to ₹33.0 Lakhs per year
JPMorgan Chase & Co.	₹22.0 Lakhs to ₹47.0 Lakhs per year
Shriram Group	₹11.0 Lakhs to ₹27.3 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 General Manager at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
15 years	₹30.0 Lakhs to ₹38.4 Lakhs per year

and so on.

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Cholamandalam Investment & Finance General Manager Salaries

Cholamandalam Investment & Finance General Manager salary in India ranges between ₹30 Lakhs to ₹38.4 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.