Cholamandalam Investment & Finance Loan Executive Salaries by 4 Employees

3 - 10 years exp.

₹1.5 Lakh - ₹3.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

7% more than the average Loan Executive Salary in Financial Services Companies for 3 - 10 years of experience

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Salaries in different departments

Marketing & Communication Loan Executive Salary 10 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
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Sales & Business Development Loan Executive Salary 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 22 Nov 2024

Companies similar to Cholamandalam Investment & Finance for Loan Executive

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Loan Executive Salary 0 - 3 years exp. (14 salaries)	₹1 L/yr - ₹3.5 L/yr 6% less
RBL FinServe Loan Executive Salary 1 - 4 years exp. (7 salaries)	₹1.8 L/yr - ₹2.2 L/yr 25% less
Login to view exact salary
HDFC Sales Loan Executive Salary 0 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹2.2 L/yr 17% less
IDFC FIRST Bharat Loan Executive Salary 1 - 8 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 7% less
HDFC Bank Loan Executive Salary 1 - 5 years exp. (50 salaries)	₹1.4 L/yr - ₹3.6 L/yr 7% less

Loan Executive salary at Cholamandalam Investment & Finance ranges between ₹1.5 Lakh to ₹3.5 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Loan Executive salaries

Last Updated: 22 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

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Salary related reviews for Cholamandalam Investment & Finance

5.0

Rated by 1 employees for salary & benefits

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

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

Senior Sales Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Mar 2024

1.0

for Salary and Benefits

Likes

Only I like in this company is timely incentive and salary .

Dislikes

Work environment worst , full pressure to sell other products if your background is from loan and they will pressurise you to do collection and sell motor insurance, concall from higher level is very terrible 5-6 con call in a day , bosses doesn't support junior level employees always pressurise them no job time they will tell you should work from 9 am in the morning and no time till night . Very bad company.

Salary - Bad

+6 more

Sales Officer in Kolkata

Full Time

Sales & Business Development Department

5.0

• posted on 12 Oct 2023

5.0

for Salary and Benefits

Likes

...ead generation is easy as it's infrastructure as well as market reputation good. Salary structure and training is technology based.

Salary - Excellent

+6 more

Dislikes

Most of the superior better but some not mention their name not supportive rather they give prior business but not solve the that time market problem.

Sales Executive in Hindaun City

Sales & Business Development Department

5.0

• posted on 16 Feb 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling.conpany policies are good appraisal are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of Politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 year before which. which you cannot resign. On the job training is not given to new joinees

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Cholamandalam Investment & Finance Loan Executive Salary FAQs

What is the salary of Loan Executive at Cholamandalam Investment & Finance ?

The average salary of a Loan Executive at Cholamandalam Investment & Finance in India typically ranges from ₹1.5 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Loan Executive at Cholamandalam Investment & Finance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Loan Executive 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 4 Cholamandalam Investment & Finance employees in India.

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

The estimated take-home salary of a Loan Executive at Cholamandalam Investment & Finance in India typically ranges from ₹18,285 to ₹19,974 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 3 years to 10 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 4 salaries received from various employees of Cholamandalam Investment & Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

Bajaj Finserv	₹1.0 Lakhs to ₹3.5 Lakhs per year
HDFC Bank	₹1.4 Lakhs to ₹3.6 Lakhs per year
IDFC FIRST Bharat	₹2.0 Lakhs to ₹3.0 Lakhs per year
HDFC Sales	₹1.8 Lakhs to ₹2.2 Lakhs per year
RBL FinServe	₹1.8 Lakhs to ₹2.2 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 Loan Executive at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
3 years	₹1.4 Lakhs to ₹1.7 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
5 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
10 years	₹3.2 Lakhs to ₹4.0 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Loan Executive salary in India ranges between ₹1.5 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.