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

4 - 12 years exp.

₹4 Lakhs - ₹10 Lakhs

Salary of majority employees

58% less than the average Manager Salary in Financial Services Companies for 4 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 11 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹10 L/yr
Finance & Accounting Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹7 L/yr
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Quality Assurance Manager Salary 4 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹10 L/yr
Sales & Business Development Manager Salary 4 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹7.1 L/yr

Last Updated: 5 Feb 2025

Companies similar to Cholamandalam Investment & Finance for Manager in Mumbai

Cholamandalam Investment & Finance Manager Salary

4 - 12 years exp. (7 salaries)

₹4 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Manager Salary 1 - 10 years exp. (57 salaries)	₹3.6 L/yr - ₹12 L/yr At par	155 job openings
HDFC Bank Manager Salary 0 - 18 years exp. (3.3k salaries)	₹4 L/yr - ₹15.3 L/yr 44% more
Login to view exact salary
ICICI Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹6 L/yr - ₹22.1 L/yr 83% more
Kotak Mahindra Bank Manager Salary 0 - 15 years exp. (1.9k salaries)	₹4 L/yr - ₹13 L/yr 19% more
Axis Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹5.5 L/yr - ₹15 L/yr 49% more
Tata Capital Manager Salary 0 - 12 years exp. (178 salaries)	₹6 L/yr - ₹19 L/yr 72% more	5 job openings
Mahindra Finance Manager Salary 5 - 17 years exp. (57 salaries)	₹7 L/yr - ₹20 L/yr 68% more	2 job openings
L&T Finance Manager Salary 1 - 14 years exp. (239 salaries)	₹5.2 L/yr - ₹18 L/yr 70% more
Shriram Finance Manager Salary 6 - 15 years exp. (18 salaries)	₹3.8 L/yr - ₹12 L/yr 30% more
Citicorp Manager Salary 4 - 19 years exp. (968 salaries)	₹9.7 L/yr - ₹38 L/yr 224% more
Morgan Stanley Manager Salary 2 - 11 years exp. (956 salaries)	₹10 L/yr - ₹41.2 L/yr 245% more
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JPMorgan Chase & Co. Manager Salary 6 - 17 years exp. (392 salaries)	₹7 L/yr - ₹25.5 L/yr 131% more	1 job opening
BNP Paribas Manager Salary 9 - 17 years exp. (242 salaries)	₹9.3 L/yr - ₹34 L/yr 196% more
Edelweiss Manager Salary 3 - 14 years exp. (230 salaries)	₹5.1 L/yr - ₹21 L/yr 80% more
Motilal Oswal Financial Services Manager Salary 4 - 13 years exp. (183 salaries)	₹4 L/yr - ₹16 L/yr 30% more
Aditya Birla Capital Manager Salary 1 - 11 years exp. (115 salaries)	₹5 L/yr - ₹21.9 L/yr 80% more
State Street Corporation Manager Salary 8 - 17 years exp. (104 salaries)	₹10 L/yr - ₹31 L/yr 178% more
Marsh McLennan Manager Salary 4 - 16 years exp. (97 salaries)	₹8.9 L/yr - ₹30 L/yr 147% more
Bajaj Finserv Manager Salary 1 - 12 years exp. (63 salaries)	₹3.5 L/yr - ₹10.9 L/yr 3% less
HSBC Group Manager Salary 2 - 18 years exp. (59 salaries)	₹6 L/yr - ₹25 L/yr 115% more

View all

Manager salary at Cholamandalam Investment & Finance ranges between ₹4 Lakhs to ₹10 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 7 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Manager salaries in Mumbai

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹10 L/yr
5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
Login to view exact salary
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹11.5 L/yr
7 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
8 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
9 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
10 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹10 L/yr
11 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹10 L/yr
12 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹14.9 L/yr

View all

Similar Designation salaries in Cholamandalam Investment & Finance

Credit Manager Salary

(3 salaries)

₹5 L/yr - ₹6.31 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

4.5

Rated by 2 employees for salary & benefits

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

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

Salary - Excellent

+3 more

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.

Work satisfaction - Bad

+2 more

Area Credit Manager in Barwani

Full Time

Finance & Accounting Department

4.0

• posted on 01 Sep 2024

5.0

for Salary and Benefits

Likes

Friendly nature with seniors and employes .Good salary benifits and incentive structure. Skill development and time to time learning module.

Salary - Excellent

+5 more

Dislikes

Office work timing not fixed. We have not sufficient time for family

Work-life balance - Poor

see more salary related reviews

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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 opportunity to swap my company. I am confused about what I do. Please advise?

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Cholamandalam Investment & Finance Manager Salary FAQs

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

Manager salary at Cholamandalam Investment & Finance in Mumbai ranges between ₹4.0 Lakhs to ₹10.0 Lakhs for experience between 4 years to 12 years. According to our estimates it is 58% less than the average Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Cholamandalam Investment & Finance Mumbai.

How does the salary of a Manager at Cholamandalam Investment & Finance Mumbai compare with the average salary range for this job?

The average salary of a Manager at Cholamandalam Investment & Finance is 58% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Manager at Cholamandalam Investment & Finance?

Collection Management, Litigation, Legal Compliance, Crisis Management and Collections are some of the popular skills required to work as a Manager at Cholamandalam Investment & Finance Mumbai.

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

Morgan Stanley Manager Salary - ₹10.0 Lakhs to ₹41.2 Lakhs per year
Citicorp Manager Salary - ₹9.7 Lakhs to ₹38.0 Lakhs per year
BNP Paribas Manager Salary - ₹9.3 Lakhs to ₹34.0 Lakhs per year
State Street Corporation Manager Salary - ₹10.0 Lakhs to ₹31.0 Lakhs per year
UBS Manager Salary - ₹9.0 Lakhs to ₹24.0 Lakhs per year

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

Marsh McLennan Manager Salary - ₹8.9 Lakhs to ₹30.0 Lakhs per year
JPMorgan Chase & Co. Manager Salary - ₹7.0 Lakhs to ₹25.5 Lakhs per year
Reliance Capital Manager Salary - ₹7.0 Lakhs to ₹24.0 Lakhs per year
HSBC Group Manager Salary - ₹6.0 Lakhs to ₹25.0 Lakhs per year
ICICI Bank Manager Salary - ₹6.0 Lakhs to ₹22.1 Lakhs per year

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

The estimated take-home salary of a Manager at Cholamandalam Investment & Finance ranges between ₹52,484 per month to ₹53,720 per month in Mumbai. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Manager salary in India which ranges between ₹4.0 Lakhs to ₹10.0 Lakhs per year for employees with experience between 4 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 57% of the Cholamandalam Investment & Finance Managers in Mumbai reported a notice period of 3 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Manager Salaries in Mumbai

Cholamandalam Investment & Finance Manager salary in Mumbai ranges between ₹4 Lakhs to ₹10 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.