Cholamandalam Investment & Finance Manager M1 Salaries by 7 Employees (Updated 2025)

5 - 15 years exp.

₹4 Lakhs - ₹8.5 Lakhs

Low Confidence

Salary of majority employees

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46% less than the average Manager M1 Salary in Financial Services Companies for 5 - 15 years of experience

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Salaries in different departments

Customer Success, Service & Operations Manager M1 Salary 6 - 15 years exp. (AmbitionBox Estimate)	Unlock ₹8.4 L/yr - ₹8.5 L/yr
Legal & Regulatory Manager M1 Salary 11 - 12 years exp. (AmbitionBox Estimate)	Unlock ₹5.4 L/yr - ₹6.6 L/yr
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Finance & Accounting Manager M1 Salary 6 years exp. (AmbitionBox Estimate)	Unlock ₹4.1 L/yr - ₹5 L/yr
Marketing & Communication Manager M1 Salary 5 years exp. (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹6.1 L/yr

Last Updated: 30 Sep 2024

Companies similar to Cholamandalam Investment & Finance for Manager M1

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Manager M1 Salary 1 - 6 years exp. (4 salaries)	Unlock ₹4 L/yr - ₹5.6 L/yr 35% less
HDFC Bank Manager M1 Salary 4 - 14 years exp. (167 salaries)	Unlock ₹5 L/yr - ₹13.3 L/yr 32% more
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Mahindra Finance Manager M1 Salary 13 - 17 years exp. (4 salaries)	Unlock ₹10 L/yr - ₹14.8 L/yr 111% more
Tata Capital Manager M1 Salary 2 - 5 years exp. (4 salaries)	Unlock ₹4.6 L/yr - ₹6 L/yr 14% less
Muthoot Finance Manager M1 Salary 6 - 12 years exp. (6 salaries)	Unlock ₹3.9 L/yr - ₹8.5 L/yr 6% less
Motilal Oswal Financial Services Manager M1 Salary 4 - 17 years exp. (8 salaries)	Unlock ₹4.7 L/yr - ₹11.3 L/yr 22% more
Bajaj Finserv Manager M1 Salary 6 - 9 years exp. (4 salaries)	Unlock ₹4.6 L/yr - ₹8.5 L/yr 6% less
Morgan Stanley Manager M1 Salary 4 - 8 years exp. (4 salaries)	Unlock ₹25 L/yr - ₹27.5 L/yr 318% more
Wells Fargo Manager M1 Salary 8 - 15 years exp. (5 salaries)	Unlock ₹8.4 L/yr - ₹21 L/yr 118% more
Citicorp Manager M1 Salary 7 - 11 years exp. (4 salaries)	Unlock ₹17.9 L/yr - ₹24 L/yr 225% more
JPMorgan Chase & Co. Manager M1 Salary 6 - 16 years exp. (4 salaries)	Unlock ₹14 L/yr - ₹25 L/yr 216% more
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HSBC Group Manager M1 Salary 7 - 10 years exp. (3 salaries)	Unlock ₹8.5 L/yr - ₹13.5 L/yr 78% more

Manager M1 salary at Cholamandalam Investment & Finance ranges between ₹4 Lakhs to ₹8.5 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 7 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Manager M1 salaries

Last Updated: 30 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	Unlock ₹2.2 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹8.5 L/yr
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7 years (AmbitionBox Estimate)	Unlock ₹5.2 L/yr - ₹6.6 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹10.6 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹5.5 L/yr - ₹7 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹5.6 L/yr - ₹7.2 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹6 L/yr - ₹11.6 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹6 L/yr - ₹11.9 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹6.1 L/yr - ₹7.8 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹6.3 L/yr - ₹8 L/yr
15+ years (AmbitionBox Estimate)	Unlock ₹2.8 L/yr - ₹8.4 L/yr

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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.

Salary - Bad

+6 more

Branch Manager

Data Science & Analytics Department

5.0

• posted on 04 Mar 2020

3.0

for Salary and Benefits

Likes

Chola mandalam is a best organization for work but .

Skill development - Excellent

+5 more

Dislikes

Growth is very slow salary growth as a grade not satisfactory i am working here since 2012 but salary only 20 k..The work pressure is very high.i do not receive appreciattion amails from my clint,.

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

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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What people are saying about Cholamandalam Investment & Finance

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a head branch credit ops

Career Suggestions.

I am a Credit Officer working in a NBFC Company since last 5 years. In the last 5 years of my period I have gathered lots of experience in the field of Finance. But the biggest concern is though I gathered a lot of experience my CTC is 3.0 LPA. Though I got the opportun... read more

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Cholamandalam Investment & Finance Manager M1 Salary FAQs

What is the salary of Manager M1 at Cholamandalam Investment & Finance?

Manager M1 salary at Cholamandalam Investment & Finance in India ranges between ₹4.0 Lakhs to ₹8.5 Lakhs for experience between 5 years to 15 years. According to our estimates it is 46% less than the average Manager M1 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 Manager M1 at Cholamandalam Investment & Finance India compare with the average salary range for this job?

The average salary of a Manager M1 at Cholamandalam Investment & Finance is 46% less than the average salary of a Manager M1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam Investment & Finance to a Manager M1 in India?

Morgan Stanley Manager M1 Salary - ₹25.0 Lakhs to ₹27.5 Lakhs per year
Citicorp Manager M1 Salary - ₹17.9 Lakhs to ₹24.0 Lakhs per year
JPMorgan Chase & Co. Manager M1 Salary - ₹14.0 Lakhs to ₹25.0 Lakhs per year
Wells Fargo Manager M1 Salary - ₹8.4 Lakhs to ₹21.0 Lakhs per year
Mahindra Finance Manager M1 Salary - ₹10.0 Lakhs to ₹14.8 Lakhs per year

What is the salary of a Manager M1 in companies similar to Cholamandalam Investment & Finance in India?

HSBC Group Manager M1 Salary - ₹8.5 Lakhs to ₹13.5 Lakhs per year
HDFC Bank Manager M1 Salary - ₹5.0 Lakhs to ₹13.3 Lakhs per year
Motilal Oswal Financial Services Manager M1 Salary - ₹4.7 Lakhs to ₹11.3 Lakhs per year
Muthoot Finance Manager M1 Salary - ₹3.9 Lakhs to ₹8.5 Lakhs per year
Bajaj Finserv Manager M1 Salary - ₹4.6 Lakhs to ₹8.5 Lakhs per year

What is the estimated take home salary of a Manager M1 at Cholamandalam Investment & Finance in India?

The estimated take-home salary of a Manager M1 at Cholamandalam Investment & Finance ranges between ₹47,655 per month to ₹48,783 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Manager M1 salary in India which ranges between ₹4.0 Lakhs to ₹8.5 Lakhs per year for employees with experience between 5 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Manager M1 at Cholamandalam Investment & Finance?

According to AmbitionBox, 50% of the Cholamandalam Investment & Finance Manager M1s reported a notice period of 3 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Manager M1 Salaries

Cholamandalam Investment & Finance Manager M1 salary in India ranges between ₹4 Lakhs to ₹8.5 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.