Cholamandalam Investment & Finance Manager M1 Salaries by 7 Employees (Updated 2024)

5 - 15 years exp.

₹4 Lakhs - ₹8.5 Lakhs

Low Confidence

Salary of majority employees

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)	₹8.4 L/yr - ₹8.5 L/yr
Legal & Regulatory Manager M1 Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr
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Finance & Accounting Manager M1 Salary 6 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
Marketing & Communication Manager M1 Salary 5 years exp. (AmbitionBox Estimate)	₹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 - 10 years exp. (7 salaries)	₹2.5 L/yr - ₹5.6 L/yr 30% less
HDFC Bank Manager M1 Salary 5 - 14 years exp. (153 salaries)	₹5 L/yr - ₹12.1 L/yr 31% more
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Mahindra Finance Manager M1 Salary 13 - 17 years exp. (4 salaries)	₹10 L/yr - ₹14.8 L/yr 111% more
Tata Capital Manager M1 Salary 3 - 5 years exp. (3 salaries)	₹4.6 L/yr - ₹6 L/yr 13% less
Muthoot Finance Manager M1 Salary 6 - 12 years exp. (6 salaries)	₹3.9 L/yr - ₹8.5 L/yr 7% less
Motilal Oswal Financial Services Manager M1 Salary 4 - 6 years exp. (5 salaries)	₹4.7 L/yr - ₹7.7 L/yr 10% more
Morgan Stanley Manager M1 Salary 4 - 8 years exp. (4 salaries)	₹25 L/yr - ₹27.5 L/yr 318% more
Wells Fargo Manager M1 Salary 8 - 15 years exp. (4 salaries)	₹8.4 L/yr - ₹19 L/yr 117% more
Citicorp Manager M1 Salary 7 - 11 years exp. (4 salaries)	₹22 L/yr - ₹24 L/yr 272% more
JPMorgan Chase & Co. Manager M1 Salary 6 - 16 years exp. (4 salaries)	₹14 L/yr - ₹25 L/yr 216% more
HSBC Group Manager M1 Salary 7 - 10 years exp. (3 salaries)	₹8.5 L/yr - ₹13.5 L/yr 78% more
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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)	₹2.2 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.5 L/yr
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7 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹10.6 L/yr
9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
10 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
11 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.6 L/yr
12 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.9 L/yr
13 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
14 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
15+ years (AmbitionBox Estimate)	₹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.

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 .

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.

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

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.

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.

see more salary related reviews

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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?

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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 - ₹22.0 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 ₹19.0 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 ₹12.1 Lakhs per year
Motilal Oswal Financial Services Manager M1 Salary - ₹4.7 Lakhs to ₹7.7 Lakhs per year
Muthoot Finance Manager M1 Salary - ₹3.9 Lakhs to ₹8.5 Lakhs per year
Tata Capital Manager M1 Salary - ₹4.6 Lakhs to ₹6.0 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.