Cholamandalam Investment & Finance IT Manager Salaries by 20+ Employees (Updated 2025)

7 - 18 years exp.

₹9.5 Lakhs - ₹19.2 Lakhs

Salary of majority employees

13% more than the average IT Manager Salary in Financial Services Companies for 7 - 18 years of experience

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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 - ₹16.5 L/yr
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Project & Program Management IT Manager Salary 12 - 14 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹16.6 L/yr

Last Updated: 20 Mar 2024

Companies similar to Cholamandalam Investment & Finance for IT Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance IT Manager Salary 1 - 11 years exp. (18 salaries)	₹4.6 L/yr - ₹13.2 L/yr 44% less
HDFC Bank IT Manager Salary 1 - 10 years exp. (96 salaries)	₹6.7 L/yr - ₹20 L/yr 25% less
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Mahindra Finance IT Manager Salary 8 - 17 years exp. (33 salaries)	₹5 L/yr - ₹17.8 L/yr 32% less
Shriram Finance IT Manager Salary 3 - 28 years exp. (3 salaries)	₹2.8 L/yr - ₹4.5 L/yr 75% less
Tata Capital IT Manager Salary 0 - 9 years exp. (18 salaries)	₹7.8 L/yr - ₹18.5 L/yr 26% less
L&T Finance IT Manager Salary 5 - 8 years exp. (7 salaries)	₹8.6 L/yr - ₹14.2 L/yr 29% less
Aditya Birla Capital IT Manager Salary 7 - 10 years exp. (4 salaries)	₹8.7 L/yr - ₹18.2 L/yr 26% less
Reliance Capital IT Manager Salary 9 - 15 years exp. (4 salaries)	₹5 L/yr - ₹12.8 L/yr 38% less
Edelweiss IT Manager Salary 5 - 15 years exp. (7 salaries)	₹8 L/yr - ₹17 L/yr 14% less
Bajaj Finserv IT Manager Salary 2 - 6 years exp. (19 salaries)	₹5 L/yr - ₹15.8 L/yr 40% less
Wells Fargo IT Manager Salary 11 - 17 years exp. (13 salaries)	₹19 L/yr - ₹35 L/yr 77% more
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Morgan Stanley IT Manager Salary 3 - 11 years exp. (12 salaries)	₹18.5 L/yr - ₹35 L/yr 82% more
BNP Paribas IT Manager Salary 12 - 15 years exp. (7 salaries)	₹16 L/yr - ₹26 L/yr 46% more
Aon IT Manager Salary 11 - 16 years exp. (6 salaries)	₹34.5 L/yr - ₹46 L/yr 133% more
Motilal Oswal Financial Services IT Manager Salary 8 - 15 years exp. (6 salaries)	₹4.9 L/yr - ₹14 L/yr 50% less
JPMorgan Chase & Co. IT Manager Salary 9 - 17 years exp. (4 salaries)	₹17 L/yr - ₹60 L/yr 168% more
HSBC Group IT Manager Salary 6 - 15 years exp. (4 salaries)	₹6.5 L/yr - ₹18 L/yr 25% 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 - ₹26.9 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹16.5 L/yr
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9 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
10 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹27.6 L/yr
11 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹27.9 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

(171 salaries)

₹1.98 L/yr - ₹9.59 L/yr

Project Manager Salary

(4 salaries)

₹14 L/yr - ₹25 L/yr

Team Lead Salary

(97 salaries)

₹1.95 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)

₹2.4 L/yr - ₹3.1 L/yr

System Engineer Salary

(3 salaries)

₹1.2 L/yr - ₹2 L/yr

Software Engineer Salary

(9 salaries)

₹2.5 L/yr - ₹4 L/yr

Salary related reviews for Cholamandalam Investment & Finance

5.0

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

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

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

Branch Credit Operations Manager in Panipat

Full Time

Finance & Accounting Department

2.0

• posted on 26 Sep 2024

5.0

for Salary and Benefits

Likes

The only good thing about my tenor in chola was good salary, they will pay you handsomely if you are working good enough . You will learn how to manage and micromanage your team

Salary - Excellent

+3 more

Dislikes

Work life balance is pathetic, you have to start your day early and the day will never come to an end. Continuous con calls even if you are on leave officially.

Work satisfaction - Bad

+2 more

see more salary related reviews

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What people are saying about Cholamandalam Investment & Finance

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a senior associate manager

I am 31, started my career as a Credit and operation officer. It's been 3.3 years with CTC of Rs. 2.40 LPA. What should I do?

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Cholamandalam Investment & Finance IT Manager Salary FAQs

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

IT Manager salary at Cholamandalam Investment & Finance in India ranges between ₹9.5 Lakhs to ₹19.2 Lakhs for experience between 7 years to 18 years. According to our estimates it is 13% more than the average IT Manager Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Cholamandalam Investment & Finance India.

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

The average salary of a IT Manager at Cholamandalam Investment & Finance is 13% more than the average salary of a IT Manager in India. To know exact salary insights, login to view.

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

JPMorgan Chase & Co. IT Manager Salary - ₹17.0 Lakhs to ₹60.0 Lakhs per year
Aon IT Manager Salary - ₹34.5 Lakhs to ₹46.0 Lakhs per year
Morgan Stanley IT Manager Salary - ₹18.5 Lakhs to ₹35.0 Lakhs per year
Wells Fargo IT Manager Salary - ₹19.0 Lakhs to ₹35.0 Lakhs per year
BNP Paribas IT Manager Salary - ₹16.0 Lakhs to ₹26.0 Lakhs per year

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

Edelweiss IT Manager Salary - ₹8.0 Lakhs to ₹17.0 Lakhs per year
HDFC Bank IT Manager Salary - ₹6.7 Lakhs to ₹20.0 Lakhs per year
HSBC Group IT Manager Salary - ₹6.5 Lakhs to ₹18.0 Lakhs per year
Tata Capital IT Manager Salary - ₹7.8 Lakhs to ₹18.5 Lakhs per year
Aditya Birla Capital IT Manager Salary - ₹8.7 Lakhs to ₹18.2 Lakhs per year

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 ranges between ₹1,07,616 per month to ₹1,10,584 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance IT Manager salary in India which ranges between ₹9.5 Lakhs to ₹19.2 Lakhs per year for employees with experience between 7 years to 18 years. Check how did we calculate take home salary?

What is the notice period for IT Manager at Cholamandalam Investment & Finance?

According to AmbitionBox, 56% of the Cholamandalam Investment & Finance IT Managers reported a notice period of 3 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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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.