Cholamandalam Investment & Finance IT Manager Salaries by 20+ Employees

7 - 18 years exp.

₹9.5 Lakhs - ₹19.2 Lakhs

Salary of majority employees

5% more than the average IT Manager Salary in Financial Services Companies for 7 - 18 years of experience

Interested in this particular role?

Salaries in different departments

Engineering - Software & QA IT Manager Salary 10 - 15 years exp. (5 salaries)	₹10.1 L/yr - ₹19 L/yr
IT & Information Security IT Manager Salary 13 - 18 years exp. (4 salaries)	₹10.1 L/yr - ₹15.2 L/yr
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Project & Program Management IT Manager Salary 12 - 14 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.9 L/yr

Last Updated: 20 Mar 2024

Companies similar to Cholamandalam Investment & Finance for IT Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv IT Manager Salary 2 - 6 years exp. (18 salaries)	₹5 L/yr - ₹16.7 L/yr 37% less
Wells Fargo IT Manager Salary 11 - 17 years exp. (13 salaries)	₹19 L/yr - ₹35 L/yr 89% more
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Morgan Stanley IT Manager Salary 3 - 11 years exp. (12 salaries)	₹18.5 L/yr - ₹35 L/yr 95% more
Aon IT Manager Salary 11 - 16 years exp. (6 salaries)	₹27.2 L/yr - ₹46 L/yr 118% more
Motilal Oswal Financial Services IT Manager Salary 8 - 15 years exp. (6 salaries)	₹4.9 L/yr - ₹14 L/yr 46% less
BNP Paribas IT Manager Salary 12 - 14 years exp. (6 salaries)	₹16 L/yr - ₹26 L/yr 49% more
Aditya Birla Capital IT Manager Salary 7 - 10 years exp. (4 salaries)	₹8.7 L/yr - ₹10.2 L/yr 36% less
JPMorgan Chase & Co. IT Manager Salary 9 - 17 years exp. (4 salaries)	₹17 L/yr - ₹60 L/yr 187% more
HSBC Group IT Manager Salary 6 - 15 years exp. (4 salaries)	₹6.5 L/yr - ₹18 L/yr 20% less
The Muthoot Group IT Manager Salary 10 - 15 years exp. (3 salaries)	₹4.5 L/yr - ₹10 L/yr 53% less

IT Manager salary at Cholamandalam Investment & Finance ranges between ₹9.5 Lakhs to ₹19.2 Lakhs per year for employees with experience between 7 years to 18 years. Salary estimates are based on 21 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance IT Manager salaries

Last Updated: 20 Mar 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹10 L/yr - ₹25.5 L/yr
8 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹16.5 L/yr
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9 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr
10 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹26.1 L/yr
11 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹26.2 L/yr
12 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹19 L/yr
13 years (3 salaries)	₹13.5 L/yr - ₹17.3 L/yr
14 years (4 salaries)	₹9.8 L/yr - ₹19.2 L/yr
15+ years (8 salaries)	₹10.1 L/yr - ₹19.2 L/yr

View all

Similar Designation salaries in Cholamandalam Investment & Finance

Deputy Manager Salary

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Project Manager Salary

(4 salaries)

₹14 L/yr - ₹25 L/yr

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₹1.85 L/yr - ₹5.5 L/yr

Analyst Salary

(3 salaries)

₹5.2 L/yr - ₹6.3 L/yr

IT Executive Salary

(15 salaries)

₹1.5 L/yr - ₹5.5 L/yr

Operations Manager Salary

(11 salaries)

₹2.97 L/yr - ₹12.45 L/yr

Devops Engineer Salary

(8 salaries)

₹2.45 L/yr - ₹4 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Software Engineer Salary

(10 salaries)

₹2.5 L/yr - ₹5.08 L/yr

Salary related reviews for Cholamandalam Investment & Finance

5.0

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

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

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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Cholamandalam Investment & Finance IT Manager Salary FAQs

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

The average salary of a IT Manager at Cholamandalam Investment & Finance in India typically ranges from ₹9.5 Lakhs to ₹19.2 Lakhs per year, depending on experience (from 7 years to 18 years).

The top 10% of IT Manager at Cholamandalam Investment & Finance earn more than ₹19.1 Lakhs per year, and the top 1% earn over ₹19.2 Lakhs per year. IT 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 20+ Cholamandalam Investment & Finance employees in India.

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

The estimated take-home salary of a IT Manager at Cholamandalam Investment & Finance in India typically ranges from ₹1,01,596 to ₹1,04,369 per month. This is based on the average salary range of ₹9.5 Lakhs to ₹19.2 Lakhs per year for employees with experience ranging from 7 years to 18 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 20+ 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 IT Manager in India?

JPMorgan Chase & Co.	₹17.0 Lakhs to ₹60.0 Lakhs per year
Aon	₹27.2 Lakhs to ₹46.0 Lakhs per year
Morgan Stanley	₹18.5 Lakhs to ₹35.0 Lakhs per year
Wells Fargo	₹19.0 Lakhs to ₹35.0 Lakhs per year
BNP Paribas	₹16.0 Lakhs to ₹26.0 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 IT Manager in companies similar to Cholamandalam Investment & Finance in India?

The salary of a IT 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:

HSBC Group	₹6.5 Lakhs to ₹18.0 Lakhs per year
Aditya Birla Capital	₹8.7 Lakhs to ₹10.2 Lakhs per year
Bajaj Finserv	₹5.0 Lakhs to ₹16.7 Lakhs per year
Motilal Oswal Financial Services	₹4.9 Lakhs to ₹14.0 Lakhs per year
The Muthoot Group	₹4.5 Lakhs to ₹10.0 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 IT Manager at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
7 years	₹10.0 Lakhs to ₹25.5 Lakhs per year
8 years	₹5.7 Lakhs to ₹16.5 Lakhs per year
9 years	₹12.9 Lakhs to ₹16.5 Lakhs per year
10 years	₹11.2 Lakhs to ₹26.1 Lakhs per year

and so on.

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Cholamandalam Investment & Finance IT Manager Salaries

Cholamandalam Investment & Finance IT Manager salary in India ranges between ₹9.5 Lakhs to ₹19.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.