Cholamandalam Investment & Finance Chennai Manager Salaries by 30+ Employees (Updated 2025)

3 - 12 years exp.

₹3.8 Lakhs - ₹10.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

45% less than the average Manager Salary in Financial Services Companies for 3 - 12 years of experience

Interested in this particular role?

Salaries in different departments

Engineering - Software & QA Manager Salary 7 - 12 years exp. (7 salaries)	₹9.1 L/yr - ₹18.9 L/yr
Finance & Accounting Manager Salary 3 - 11 years exp. (6 salaries)	₹4.2 L/yr - ₹14.6 L/yr
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BFSI, Investments & Trading Manager Salary 11 - 12 years exp. (3 salaries)	₹6.1 L/yr - ₹12 L/yr
Sales & Business Development Manager Salary 8 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹13.5 L/yr

Last Updated: 14 Mar 2025

Companies similar to Cholamandalam Investment & Finance for Manager in Chennai

Cholamandalam Investment & Finance Manager Salary

3 - 12 years exp. (32 salaries)

₹3.8 L/yr - ₹10.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Citicorp Manager Salary 4 - 18 years exp. (333 salaries)	₹10 L/yr - ₹31 L/yr 127% more
BNP Paribas Manager Salary 8 - 18 years exp. (151 salaries)	₹8 L/yr - ₹26.7 L/yr 84% more
Login to view exact salary
HSBC Group Manager Salary 0 - 18 years exp. (135 salaries)	₹7.6 L/yr - ₹26.2 L/yr 83% more	1 job opening
BNY Manager Salary 10 - 18 years exp. (101 salaries)	₹11 L/yr - ₹28 L/yr 98% more
Bnp Paribas Securities Manager Salary 9 - 16 years exp. (59 salaries)	₹9 L/yr - ₹19.3 L/yr 42% more
Bajaj Finserv Manager Salary 1 - 12 years exp. (56 salaries)	₹3.6 L/yr - ₹8.7 L/yr 34% less
Aditya Birla Capital Manager Salary 5 - 11 years exp. (12 salaries)	₹4.5 L/yr - ₹17 L/yr 1% more
Wells Fargo Manager Salary 9 - 17 years exp. (10 salaries)	₹14.4 L/yr - ₹32 L/yr 136% more	2 job openings
IDFC FIRST Bharat Manager Salary 3 - 11 years exp. (9 salaries)	₹4.2 L/yr - ₹8 L/yr 40% less
Motilal Oswal Financial Services Manager Salary 4 - 10 years exp. (7 salaries)	₹4.6 L/yr - ₹9 L/yr 20% less
HDFC Sales Manager Salary 10 - 14 years exp. (6 salaries)	₹6.3 L/yr - ₹12.5 L/yr 11% less	1 job opening
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Aon Manager Salary 9 - 15 years exp. (3 salaries)	₹11 L/yr - ₹17.9 L/yr 72% more
Mitsubishi Corporation Manager Salary 16 - 18 years exp. (3 salaries)	₹20 L/yr - ₹26.1 L/yr 152% more

Manager salary at Cholamandalam Investment & Finance ranges between ₹3.8 Lakhs to ₹10.9 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 32 latest salaries received from various employees of Cholamandalam Investment & Finance.

Latest annual salaries shared by Cholamandalam Investment & Finance Manager in Chennai

3w ago

₹4.5 Lakhs

9 years exp.

3w ago

₹6.1 Lakhs

12 years exp.

2mo ago

₹6 Lakhs

11 years exp.

4mo ago

₹6.1 Lakhs

11 years exp.

5mo ago

₹3.8 Lakhs

8 years exp.

5mo ago

11 years exp.

6mo ago

4 years exp.

7mo ago

3 years exp.

7mo ago

3 years exp.

11mo ago

9 years exp.

Experience wise Cholamandalam Investment & Finance Manager salaries in Chennai

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
3 years (3 salaries)	₹4 L/yr - ₹11 L/yr
4 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
6 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
7 years (3 salaries)	₹3.7 L/yr - ₹16.5 L/yr
8 years (8 salaries)	₹6.1 L/yr - ₹17.1 L/yr
9 years (6 salaries)	₹4.5 L/yr - ₹17.7 L/yr
10 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
11 years (4 salaries)	₹6 L/yr - ₹16 L/yr
12 years (3 salaries)	₹6.1 L/yr - ₹19.6 L/yr

View all

Similar Designation salaries in Cholamandalam Investment & Finance

Deputy Manager Salary

(49 salaries)

₹2 L/yr - ₹11.5 L/yr

Senior Associate Salary

(31 salaries)

₹1.5 L/yr - ₹4 L/yr

Deputy General Manager Salary

(9 salaries)

₹26.73 L/yr - ₹38 L/yr

Credit Manager Salary

(9 salaries)

₹3.8 L/yr - ₹10.06 L/yr

Management Trainee Salary

(5 salaries)

₹4 L/yr - ₹6.5 L/yr

Audit Executive Salary

(3 salaries)

₹2 L/yr - ₹3 L/yr

Top skills at Cholamandalam Investment & Finance for Manager

Collection Management Litigation Legal Compliance Crisis Management Collections

Salary related reviews for Cholamandalam Investment & Finance

3.2

Rated by 7 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

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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Salary Discussions, Hike & Promotions

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 Manager Salary FAQs

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

The average salary of a Manager at Cholamandalam Investment & Finance in Chennai typically ranges from ₹3.8 Lakhs to ₹10.9 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Manager in Chennai at Cholamandalam Investment & Finance earn more than ₹18.3 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Manager 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 30+ Cholamandalam Investment & Finance employees in India.

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

The estimated take-home salary of a Manager at Cholamandalam Investment & Finance in Chennai typically ranges from ₹67,814 to ₹69,552 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹10.9 Lakhs per year for employees with experience ranging from 3 years to 12 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 30+ salaries received from various employees of Cholamandalam Investment & Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Manager at Cholamandalam Investment & Finance in Chennai?

To be a Manager at Cholamandalam Investment & Finance in Chennai, the key skills required include:

- Collection Management
- Litigation
- Legal Compliance
- Crisis Management
- Collections

These skills are highly valued at Cholamandalam Investment & Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Cholamandalam Investment & Finance for Manager in India?

Mitsubishi Corporation	₹20.0 Lakhs to ₹26.1 Lakhs per year
Wells Fargo	₹14.4 Lakhs to ₹32.0 Lakhs per year
Citicorp	₹10.0 Lakhs to ₹31.0 Lakhs per year
BNY	₹11.0 Lakhs to ₹28.0 Lakhs per year
BNP Paribas	₹8.0 Lakhs to ₹26.7 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 Manager in companies similar to Cholamandalam Investment & Finance in Chennai?

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

HSBC Group	₹7.6 Lakhs to ₹26.2 Lakhs per year
Aon	₹11.0 Lakhs to ₹17.9 Lakhs per year
Bnp Paribas Securities	₹9.0 Lakhs to ₹19.3 Lakhs per year
Aditya Birla Capital	₹4.5 Lakhs to ₹17.0 Lakhs per year
HDFC Sales	₹6.3 Lakhs to ₹12.5 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 Manager at Cholamandalam Investment & Finance in Chennai?

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

Experience	Average Salary Range
3 years	₹4.0 Lakhs to ₹11.0 Lakhs per year
4 years	₹7.3 Lakhs to ₹9.3 Lakhs per year
5 years	₹7.6 Lakhs to ₹9.7 Lakhs per year
6 years	₹7.9 Lakhs to ₹10.1 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Manager Salaries in Chennai

Cholamandalam Investment & Finance Manager salary in Chennai ranges between ₹3.8 Lakhs to ₹10.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.