Cholamandalam Investment & Finance Chennai IT Manager Salaries by 10+ Employees

10 - 18 years exp.

₹9.5 Lakhs - ₹19.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average IT Manager Salary in Financial Services Companies for 10 - 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
Login to view exact salary
Project & Program Management IT Manager Salary 12 - 14 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹13 L/yr

Last Updated: 20 Mar 2024

Companies similar to Cholamandalam Investment & Finance for IT Manager in Chennai

Cholamandalam Investment & Finance IT Manager Salary

10 - 18 years exp. (15 salaries)

₹9.5 L/yr - ₹19.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Wipro IT Manager Salary 5 - 15 years exp. (16 salaries)	₹3.5 L/yr - ₹14.1 L/yr 46% less
Equitas Small Finance Bank IT Manager Salary 5 - 13 years exp. (13 salaries)	₹6.9 L/yr - ₹19 L/yr 6% less
Login to view exact salary
Unimoni IT Manager Salary 9 - 16 years exp. (11 salaries)	₹15.7 L/yr - ₹22 L/yr 27% more
Flex IT Manager Salary 13 - 18 years exp. (11 salaries)	₹18 L/yr - ₹27 L/yr 56% more
Ensono IT Manager Salary 11 - 15 years exp. (9 salaries)	₹10 L/yr - ₹25 L/yr 23% more

IT Manager salary at Cholamandalam Investment & Finance ranges between ₹9.5 Lakhs to ₹19.2 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 15 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance IT Manager salaries in Chennai

Last Updated: 20 Mar 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
11 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.9 L/yr
Login to view exact salary
12 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
13 years (3 salaries)	₹13.5 L/yr - ₹17.3 L/yr
14 years (3 salaries)	₹9.8 L/yr - ₹19.2 L/yr
15+ years (5 salaries)	₹10.1 L/yr - ₹19.2 L/yr

View all

Similar Designation salaries in Cholamandalam Investment & Finance

Deputy Manager Salary

(50 salaries)

₹2 L/yr - ₹6.56 L/yr

IT Executive Salary

(15 salaries)

₹1.5 L/yr - ₹5.5 L/yr

Software Engineer Salary

(12 salaries)

₹2.5 L/yr - ₹6 L/yr

Team Lead Salary

(9 salaries)

₹3.5 L/yr - ₹4.75 L/yr

Devops Engineer Salary

(8 salaries)

₹2.45 L/yr - ₹4 L/yr

Operations Manager Salary

(6 salaries)

₹4.5 L/yr - ₹12.45 L/yr

Project Manager Salary

(3 salaries)

₹14 L/yr - ₹25 L/yr

Salary related reviews for Cholamandalam Investment & Finance

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

Got a question about Cholamandalam Investment & Finance?

Ask anonymously on communities.

Cholamandalam Investment & Finance IT Manager Salary FAQs

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

The average salary of a IT Manager at Cholamandalam Investment & Finance in Chennai typically ranges from ₹9.5 Lakhs to ₹19.2 Lakhs per year, depending on experience (from 10 years to 18 years).

The top 10% of IT Manager in Chennai at Cholamandalam Investment & Finance earn more than ₹19.2 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 10+ Cholamandalam Investment & Finance employees in India.

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

The estimated take-home salary of a IT Manager at Cholamandalam Investment & Finance in Chennai typically ranges from ₹1,02,088 to ₹1,04,877 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 10 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 10+ 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?

Flex	₹18.0 Lakhs to ₹27.0 Lakhs per year
Unimoni	₹15.7 Lakhs to ₹22.0 Lakhs per year
Ensono	₹10.0 Lakhs to ₹25.0 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 Chennai?

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

Equitas Small Finance Bank	₹6.9 Lakhs to ₹19.0 Lakhs per year
Wipro	₹3.5 Lakhs to ₹14.1 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 Chennai?

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

Experience	Average Salary Range
10 years	₹13.1 Lakhs to ₹16.7 Lakhs per year
11 years	₹13.2 Lakhs to ₹16.9 Lakhs per year
12 years	₹13.3 Lakhs to ₹17.0 Lakhs per year
13 years	₹13.5 Lakhs to ₹17.3 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Cholamandalam Investment & Finance Salaries >
Cholamandalam Investment & Finance IT Manager Salaries >
Cholamandalam Investment & Finance IT Manager Salaries in Chennai

Cholamandalam Investment & Finance IT Manager salary in Chennai ranges between ₹9.5 Lakhs to ₹19.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.