Cholamandalam Investment & Finance IT Officer Salaries by 7 Employees

2 - 5 years exp.

₹2.9 Lakhs - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

41% 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
Citicorp IT Officer Salary 5 - 12 years exp. (28 salaries)	₹14 L/yr - ₹25 L/yr 609% more
Bajaj Finserv IT Officer Salary 0 - 3 years exp. (7 salaries)	₹1.8 L/yr - ₹3.2 L/yr 12% less
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HDFC Bank IT Officer Salary 0 - 3 years exp. (133 salaries)	₹1.8 L/yr - ₹3.8 L/yr 12% less	1 job opening
Punjab National Bank IT Officer Salary 2 - 8 years exp. (26 salaries)	₹7 L/yr - ₹15 L/yr 235% more
Intas Pharmaceuticals IT Officer Salary 3 - 12 years exp. (26 salaries)	₹2.5 L/yr - ₹6 L/yr 39% 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

Similar Designation salaries in Cholamandalam Investment & Finance

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₹9.5 L/yr - ₹19.2 L/yr

IT Executive Salary

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₹1.5 L/yr - ₹5.5 L/yr

Devops Engineer Salary

(8 salaries)

₹2.45 L/yr - ₹4 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Software Engineer Salary

(10 salaries)

₹2.5 L/yr - ₹5.08 L/yr

Senior Associate Salary

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₹1.5 L/yr - ₹4 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

System Administrator Salary

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₹1.4 L/yr - ₹3.5 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹13.6 L/yr - ₹17.4 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

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

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

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Cholamandalam Investment & Finance IT Officer Salary FAQs

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

The average salary of a IT Officer at Cholamandalam Investment & Finance in India typically ranges from ₹2.9 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of IT Officer at Cholamandalam Investment & Finance earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. IT Officer 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 7 Cholamandalam Investment & Finance employees in India.

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 in India typically ranges from ₹21,869 to ₹23,354 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 2 years to 5 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 7 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 Officer in India?

Citicorp	₹14.0 Lakhs to ₹25.0 Lakhs per year
Punjab National Bank	₹7.0 Lakhs to ₹15.0 Lakhs per year
Intas Pharmaceuticals	₹2.5 Lakhs to ₹6.0 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 Officer in companies similar to Cholamandalam Investment & Finance in India?

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

HDFC Bank	₹1.8 Lakhs to ₹3.8 Lakhs per year
Bajaj Finserv	₹1.8 Lakhs to ₹3.2 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 Officer at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
2 years	₹2.9 Lakhs to ₹3.2 Lakhs per year
3 years	₹2.9 Lakhs to ₹3.2 Lakhs per year
4 years	₹1.2 Lakhs to ₹3.2 Lakhs per year
5 years	₹3.0 Lakhs to ₹5.5 Lakhs per year

and so on.

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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.