Cholamandalam Investment & Finance IT Officer Salaries by 7 Employees (Updated 2024)

2 - 5 years exp.

₹2.9 Lakhs - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

39% less than the average IT Officer Salary in Financial Services Companies for 2 - 5 years of experience

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Salaries in different departments

Engineering - Software & QA IT Officer Salary 2 - 4 years exp. (5 salaries)	₹2.9 L/yr - ₹3.2 L/yr
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IT & Information Security IT Officer Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.1 L/yr

Last Updated: 19 Jul 2024

Companies similar to Cholamandalam Investment & Finance for IT Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank IT Officer Salary 0 - 3 years exp. (137 salaries)	₹1.8 L/yr - ₹3.8 L/yr 14% less
Citicorp IT Officer Salary 6 - 12 years exp. (13 salaries)	₹14 L/yr - ₹25 L/yr 578% more
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Bajaj Finserv IT Officer Salary 0 - 2 years exp. (7 salaries)	₹1.8 L/yr - ₹3.2 L/yr 12% less
Citigroup IT Officer Salary 4 - 8 years exp. (5 salaries)	₹12.4 L/yr - ₹24.5 L/yr 493% more
Punjab National Bank IT Officer Salary 2 - 8 years exp. (27 salaries)	₹7 L/yr - ₹15 L/yr 261% more

IT Officer salary at Cholamandalam Investment & Finance ranges between ₹2.9 Lakhs to ₹3.2 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 7 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance IT Officer salaries

Last Updated: 19 Jul 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.2 L/yr
3 years (3 salaries)	₹2.9 L/yr - ₹3.2 L/yr
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4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.5 L/yr

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Salary related reviews for Cholamandalam Investment & Finance

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.

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.

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.

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

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.

Area Credit Manager in Barwani

Full Time

Finance & Accounting Department

4.0

• posted on 01 Sep 2024

5.0

for Salary and Benefits

Likes

Friendly nature with seniors and employes .Good salary benifits and incentive structure. Skill development and time to time learning module.

Dislikes

Office work timing not fixed. We have not sufficient time for family

Assistant Manager in Chennai

Full Time

Finance & Accounting Department

3.0

• posted on 04 Aug 2024

1.0

for Salary and Benefits

Likes

Working environment, its almost like your college

Dislikes

Salary and appraisals are very works in some teams they should develop there strategy too... I was wondering that the managers are educated or what?... They didn't even have a brain,size of sparrow's brain, common sense and all

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Cholamandalam Investment & Finance IT Officer Salary FAQs

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

IT Officer salary at Cholamandalam Investment & Finance in India ranges between ₹2.9 Lakhs to ₹3.2 Lakhs for experience between 2 years to 5 years. According to our estimates it is 39% less than the average IT Officer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Cholamandalam Investment & Finance India.

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

The average salary of a IT Officer at Cholamandalam Investment & Finance is 39% less than the average salary of a IT Officer in India. To know exact salary insights, login to view.

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

Citicorp IT Officer Salary - ₹14.0 Lakhs to ₹25.0 Lakhs per year
Citigroup IT Officer Salary - ₹12.4 Lakhs to ₹24.5 Lakhs per year
Punjab National Bank IT Officer Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year

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

Bajaj Finserv IT Officer Salary - ₹1.8 Lakhs to ₹3.2 Lakhs per year
HDFC Bank IT Officer Salary - ₹1.8 Lakhs to ₹3.8 Lakhs per year

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

The estimated take-home salary of a IT Officer at Cholamandalam Investment & Finance ranges between ₹21,869 per month to ₹23,354 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance IT Officer salary in India which ranges between ₹2.9 Lakhs to ₹3.2 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Cholamandalam Investment & Finance IT Officers reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance IT Officer Salaries

Cholamandalam Investment & Finance IT Officer salary in India ranges between ₹2.9 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.