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

2 - 17 years exp.

₹4.5 Lakhs - ₹12.5 Lakhs

Salary of majority employees

30% less than the average Operations Manager Salary in Financial Services Companies for 2 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Operations Manager Salary 10 - 17 years exp. (4 salaries)	₹6.1 L/yr - ₹12.5 L/yr
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Finance & Accounting Operations Manager Salary 2 - 14 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹9 L/yr

Last Updated: 13 Sep 2024

Companies similar to Cholamandalam Investment & Finance for Operations Manager in Chennai

Cholamandalam Investment & Finance Operations Manager Salary

2 - 17 years exp. (7 salaries)

₹4.5 L/yr - ₹12.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Operations Manager Salary 4 - 7 years exp. (5 salaries)	₹4 L/yr - ₹8.5 L/yr 38% less
HDFC Bank Operations Manager Salary 1 - 18 years exp. (70 salaries)	₹3.5 L/yr - ₹12 L/yr 4% less
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L&T Finance Operations Manager Salary 1 - 6 years exp. (10 salaries)	₹2.1 L/yr - ₹3 L/yr 67% less
Muthoot Finance Operations Manager Salary 3 - 7 years exp. (4 salaries)	₹3.4 L/yr - ₹6 L/yr 38% less
Wells Fargo Operations Manager Salary 10 - 18 years exp. (27 salaries)	₹12 L/yr - ₹22.5 L/yr 136% more
BNY Operations Manager Salary 9 - 17 years exp. (18 salaries)	₹13 L/yr - ₹23.5 L/yr 129% more
Citicorp Operations Manager Salary 8 - 17 years exp. (18 salaries)	₹10.3 L/yr - ₹21.6 L/yr 112% more
BNP Paribas Operations Manager Salary 7 - 16 years exp. (15 salaries)	₹7.2 L/yr - ₹22 L/yr 89% more
HSBC Group Operations Manager Salary 8 - 14 years exp. (8 salaries)	₹10 L/yr - ₹22.3 L/yr 72% more
Citigroup Operations Manager Salary 9 - 17 years exp. (3 salaries)	₹13 L/yr - ₹16.2 L/yr 89% more

Operations Manager salary at Cholamandalam Investment & Finance ranges between ₹4.5 Lakhs to ₹12.5 Lakhs per year for employees with experience between 2 years to 17 years. Salary estimates are based on 7 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Operations Manager salaries in Chennai

Last Updated: 13 Sep 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.9 L/yr
3 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
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4 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
5 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
6 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
7 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
8 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹10 L/yr
9 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
10 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹16.1 L/yr
11 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
12 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
13 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.8 L/yr
14 years (AmbitionBox Estimate)	₹9 L/yr - ₹19.2 L/yr
15+ years (3 salaries)	₹11 L/yr - ₹12.5 L/yr

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Similar Designation salaries in Cholamandalam Investment & Finance

Deputy Manager Salary

(67 salaries)

₹3.44 L/yr - ₹13.84 L/yr

Relationship Manager Salary

(16 salaries)

₹1.4 L/yr - ₹6.3 L/yr

Area Manager Salary

(4 salaries)

₹7.25 L/yr - ₹15.2 L/yr

Senior Operations Manager Salary

(3 salaries)

₹15.5 L/yr - ₹17 L/yr

Top skills at Cholamandalam Investment & Finance for Operations Manager

SME Working Capital term loan

Salary related reviews for Cholamandalam Investment & Finance

2.8

Rated by 2 employees for salary & benefits

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

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,.

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.

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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?

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Cholamandalam Investment & Finance Operations Manager Salary FAQs

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

Operations Manager salary at Cholamandalam Investment & Finance in Chennai ranges between ₹4.5 Lakhs to ₹12.5 Lakhs for experience between 2 years to 17 years. According to our estimates it is 30% less than the average Operations Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Cholamandalam Investment & Finance Chennai.

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

The average salary of a Operations Manager at Cholamandalam Investment & Finance is 30% less than the average salary of a Operations Manager in Chennai. To know exact salary insights, login to view.

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

SME, Working Capital and term loan are some of the popular skills required to work as a Operations Manager at Cholamandalam Investment & Finance Chennai.

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

Wells Fargo Operations Manager Salary - ₹12.0 Lakhs to ₹22.5 Lakhs per year
BNY Operations Manager Salary - ₹13.0 Lakhs to ₹23.5 Lakhs per year
Citicorp Operations Manager Salary - ₹10.3 Lakhs to ₹21.6 Lakhs per year
Citigroup Operations Manager Salary - ₹13.0 Lakhs to ₹16.2 Lakhs per year
BNP Paribas Operations Manager Salary - ₹7.2 Lakhs to ₹22.0 Lakhs per year

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

HSBC Group Operations Manager Salary - ₹10.0 Lakhs to ₹22.3 Lakhs per year
HDFC Bank Operations Manager Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year
Muthoot Finance Operations Manager Salary - ₹3.4 Lakhs to ₹6.0 Lakhs per year
Bajaj Finance Operations Manager Salary - ₹4.0 Lakhs to ₹8.5 Lakhs per year
L&T Finance Operations Manager Salary - ₹2.1 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a Operations Manager at Cholamandalam Investment & Finance ranges between ₹60,900 per month to ₹62,442 per month in Chennai. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Operations Manager salary in India which ranges between ₹4.5 Lakhs to ₹12.5 Lakhs per year for employees with experience between 2 years to 17 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the Cholamandalam Investment & Finance Operations Managers in Chennai reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Operations Manager Salaries in Chennai

Cholamandalam Investment & Finance Operations Manager salary in Chennai ranges between ₹4.5 Lakhs to ₹12.5 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.

Cholamandalam Investment & Finance Operations Manager salaries in Chennai

Companies similar to Cholamandalam Investment & Finance for Operations Manager in Chennai

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

Experience wise Cholamandalam Investment & Finance Operations Manager salaries in Chennai

Similar Designation salaries in Cholamandalam Investment & Finance

Top skills at Cholamandalam Investment & Finance for Operations Manager

Salary related reviews for Cholamandalam Investment & Finance

Operations Manager in Kollam

Relationship Manager in Ranchi

Branch Manager

Credit Operation Executive in Margherita

Branch Credit Operations Manager in Panipat

Cholamandalam Investment & Finance Operations Manager Salary FAQs

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