Cholamandalam Investment & Finance Loan Officer Salaries by 6 Employees (Updated 2024)

3 - 5 years exp.

₹1.9 Lakh - ₹3.1 Lakhs

Low Confidence

Salary of majority employees

7% less than the average Loan Officer Salary in Financial Services Companies for 3 - 5 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Loan Officer Salary 4 - 5 years exp. (3 salaries)	₹1.9 L/yr - ₹2.8 L/yr
Login to view exact salary
BFSI, Investments & Trading Loan Officer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.4 L/yr

Last Updated: 8 Sep 2023

Companies similar to Cholamandalam Investment & Finance for Loan Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Loan Officer Salary 0 - 5 years exp. (111 salaries)	₹1.2 L/yr - ₹5 L/yr 20% more
Bajaj Finance Loan Officer Salary 0 - 6 years exp. (12 salaries)	₹1.3 L/yr - ₹3 L/yr 2% more
Login to view exact salary
ICICI Bank Loan Officer Salary 0 - 6 years exp. (23 salaries)	₹1.7 L/yr - ₹6 L/yr 6% more
Axis Bank Loan Officer Salary 0 - 6 years exp. (32 salaries)	₹1.6 L/yr - ₹3.3 L/yr 16% less	1 job opening
Kotak Mahindra Bank Loan Officer Salary 0 - 5 years exp. (13 salaries)	₹2 L/yr - ₹3.3 L/yr 7% less
Tata Capital Loan Officer Salary 0 - 4 years exp. (61 salaries)	₹2.1 L/yr - ₹3.6 L/yr 12% more	25 job openings
L&T Finance Loan Officer Salary 1 - 7 years exp. (28 salaries)	₹1.5 L/yr - ₹2.8 L/yr 14% less
Shriram Finance Loan Officer Salary 1 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3 L/yr 7% more
Sammaan Capital Limited Loan Officer Salary 1 - 5 years exp. (6 salaries)	₹1.5 L/yr - ₹6 L/yr 12% more
HDFC Sales Loan Officer Salary 0 - 6 years exp. (257 salaries)	₹1.6 L/yr - ₹5 L/yr 18% more
Bajaj Finserv Loan Officer Salary 0 - 4 years exp. (27 salaries)	₹1.2 L/yr - ₹4 L/yr 8% less
Login to view exact salary
Wells Fargo Loan Officer Salary 0 - 12 years exp. (5 salaries)	₹2.8 L/yr - ₹8.6 L/yr 132% more
JPMorgan Chase & Co. Loan Officer Salary 0 - 3 years exp. (5 salaries)	₹3.2 L/yr - ₹6.5 L/yr 79% more
American Express Loan Officer Salary 3 - 8 years exp. (4 salaries)	₹6.4 L/yr - ₹9.5 L/yr 156% more
BNP Paribas Loan Officer Salary 9 - 13 years exp. (3 salaries)	₹8.8 L/yr - ₹9 L/yr 244% more

Loan Officer salary at Cholamandalam Investment & Finance ranges between ₹1.9 Lakh to ₹3.1 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Loan Officer salaries

Last Updated: 8 Sep 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹3.1 L/yr
4 years (3 salaries)	₹1.9 L/yr - ₹3.1 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.8 L/yr

Similar Designation salaries in Cholamandalam Investment & Finance

Sales Officer Salary

(178 salaries)

₹1.4 L/yr - ₹3.6 L/yr

Collection Officer Salary

(136 salaries)

₹1.5 L/yr - ₹4.16 L/yr

Branch Manager Salary

(71 salaries)

₹2.75 L/yr - ₹8.9 L/yr

Team Lead Salary

(99 salaries)

₹1.5 L/yr - ₹5.5 L/yr

Relationship Officer Salary

(8 salaries)

₹2.03 L/yr - ₹3.1 L/yr

Senior Sales Officer Salary

(100 salaries)

₹1.35 L/yr - ₹4.4 L/yr

Sales Manager Salary

(77 salaries)

₹2 L/yr - ₹9.14 L/yr

Analyst Salary

(3 salaries)

₹5.2 L/yr - ₹6.3 L/yr

Deputy Manager Salary

(200 salaries)

₹2.1 L/yr - ₹11.9 L/yr

Accountant Salary

(5 salaries)

₹1.8 L/yr - ₹4 L/yr

Salary related reviews for Cholamandalam Investment & Finance

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.

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.

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.

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.

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

Sales Executive in Hindain City

Sales & Business Development Department

5.0

• posted on 11 Feb 2022

5.0

for Salary and Benefits

Likes

...e is a huge cafeteria and gaming arcade for chilling. Company policies are good. Appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of Politicd and the management doesn't address our issues.salary is decent of 2 year before which you cannot resign. On the job training is not given to new joiners.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

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?

Got a question about Cholamandalam Investment & Finance?

Ask anonymously on communities.

Cholamandalam Investment & Finance Loan Officer Salary FAQs

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

Loan Officer salary at Cholamandalam Investment & Finance in India ranges between ₹1.9 Lakhs to ₹3.1 Lakhs for experience between 3 years to 5 years. According to our estimates it is 7% less than the average Loan Officer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Cholamandalam Investment & Finance India.

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

The average salary of a Loan Officer at Cholamandalam Investment & Finance is 7% less than the average salary of a Loan Officer in India. To know exact salary insights, login to view.

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

BNP Paribas Loan Officer Salary - ₹8.8 Lakhs to ₹9.0 Lakhs per year
American Express Loan Officer Salary - ₹6.4 Lakhs to ₹9.5 Lakhs per year
Wells Fargo Loan Officer Salary - ₹2.8 Lakhs to ₹8.6 Lakhs per year
JPMorgan Chase & Co. Loan Officer Salary - ₹3.2 Lakhs to ₹6.5 Lakhs per year
HDFC Bank Loan Officer Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year

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

HDFC Sales Loan Officer Salary - ₹1.6 Lakhs to ₹5.0 Lakhs per year
Sammaan Capital Limited Loan Officer Salary - ₹1.5 Lakhs to ₹6.0 Lakhs per year
Tata Capital Loan Officer Salary - ₹2.1 Lakhs to ₹3.6 Lakhs per year
Shriram Finance Loan Officer Salary - ₹2.5 Lakhs to ₹3.0 Lakhs per year
ICICI Bank Loan Officer Salary - ₹1.7 Lakhs to ₹6.0 Lakhs per year

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

The estimated take-home salary of a Loan Officer at Cholamandalam Investment & Finance ranges between ₹18,012 per month to ₹19,705 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Loan Officer salary in India which ranges between ₹1.9 Lakhs to ₹3.1 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 55% of the Cholamandalam Investment & Finance Loan Officers reported a notice period of 1 Month, 45% reported a notice period of 15 days or less.This is based on 11 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Cholamandalam Investment & Finance Loan Officer Salaries by Location

Home >
Salaries >
Cholamandalam Investment & Finance Salaries >
Cholamandalam Investment & Finance Loan Officer Salaries

Cholamandalam Investment & Finance Loan Officer salary in India ranges between ₹1.9 Lakh to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.