Cholamandalam Investment & Finance Mumbai IT Manager Salaries by 3 Employees

16 - 18 years exp.

₹15 Lakhs - ₹17.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

9% more than the average IT Manager Salary in Financial Services Companies for 16 - 18 years of experience

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Last Updated: 20 Sep 2023

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

Cholamandalam Investment & Finance IT Manager Salary

16 - 18 years exp. (3 salaries)

₹15 L/yr - ₹17.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services IT Manager Salary 8 - 15 years exp. (5 salaries)	₹4.9 L/yr - ₹14 L/yr 44% less
Morgan Stanley IT Manager Salary 4 - 6 years exp. (3 salaries)	₹18.5 L/yr - ₹32 L/yr 81% more
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BNP Paribas IT Manager Salary 12 - 14 years exp. (3 salaries)	₹16 L/yr - ₹25 L/yr 42% more
HDFC Bank IT Manager Salary 2 - 12 years exp. (77 salaries)	₹5.5 L/yr - ₹20 L/yr 19% less
Axis Bank IT Manager Salary 1 - 12 years exp. (48 salaries)	₹9.7 L/yr - ₹16.3 L/yr 10% less

IT Manager salary at Cholamandalam Investment & Finance ranges between ₹15 Lakhs to ₹17.6 Lakhs per year for employees with experience between 16 years to 18 years. Salary estimates are based on 3 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance IT Manager salaries in Mumbai

Last Updated: 20 Sep 2023

Experience	Avg Annual Salary
15+ years (3 salaries)	₹15 L/yr - ₹17.6 L/yr
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Similar Designation salaries in Cholamandalam Investment & Finance

Deputy Manager Salary

(3 salaries)

₹3 L/yr - ₹7.95 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

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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?

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Cholamandalam Investment & Finance IT Manager Salary FAQs

How the salary growth look like for a IT Manager at Cholamandalam Investment & Finance in Mumbai?

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

Experience	Average Salary Range
15 years	₹15.0 Lakhs to ₹17.6 Lakhs per year

and so on.

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Cholamandalam Investment & Finance IT Manager Salaries in Mumbai

Cholamandalam Investment & Finance IT Manager salary in Mumbai ranges between ₹15 Lakhs to ₹17.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.