Cholamandalam Investment & Finance QA Engineer Salaries by 4 Employees (Updated 2025)

1 - 5 years exp.

₹4.4 Lakhs - ₹5.8 Lakhs

Low Confidence

Salary of majority employees

Fixed (82%)

₹3.9 Lakhs

Variable (18%)

₹0.9 Lakh

18% less than the average QA Engineer Salary in Financial Services Companies for 1 - 5 years of experience

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Salaries in different departments

Engineering - Software & QA QA Engineer Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.8 L/yr
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Quality Assurance QA Engineer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 18 Feb 2025

Companies similar to Cholamandalam Investment & Finance for QA Engineer

Company name	Avg Annual Salary	Open Jobs
Fidelity Investments QA Engineer Salary 4 - 7 years exp. (74 salaries)	₹7.8 L/yr - ₹16 L/yr 145% more
Bajaj Finserv QA Engineer Salary 1 - 3 years exp. (47 salaries)	₹1.9 L/yr - ₹5.4 L/yr 31% less
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JPMorgan Chase & Co. QA Engineer Salary 2 - 8 years exp. (24 salaries)	₹5 L/yr - ₹19.2 L/yr 135% more
Citicorp QA Engineer Salary 2 - 9 years exp. (22 salaries)	₹5.5 L/yr - ₹23 L/yr 182% more
BNY QA Engineer Salary 0 - 4 years exp. (21 salaries)	₹3 L/yr - ₹8.8 L/yr 13% less
Wells Fargo QA Engineer Salary 2 - 9 years exp. (20 salaries)	₹4.1 L/yr - ₹9.9 L/yr 45% more
UBS QA Engineer Salary 3 - 7 years exp. (13 salaries)	₹5.5 L/yr - ₹20 L/yr 161% more
FactSet QA Engineer Salary 3 - 7 years exp. (10 salaries)	₹4.1 L/yr - ₹9.5 L/yr 24% more	1 job opening
HSBC Group QA Engineer Salary 1 - 7 years exp. (10 salaries)	₹4.6 L/yr - ₹11.9 L/yr 89% more
American Express QA Engineer Salary 3 - 7 years exp. (7 salaries)	₹12.5 L/yr - ₹20 L/yr 204% more
BNP Paribas QA Engineer Salary 3 - 4 years exp. (7 salaries)	₹6.1 L/yr - ₹11 L/yr 44% more
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Morgan Stanley QA Engineer Salary 2 - 5 years exp. (5 salaries)	₹5.5 L/yr - ₹8.8 L/yr 82% more
Motilal Oswal Financial Services QA Engineer Salary 1 - 3 years exp. (4 salaries)	₹3 L/yr - ₹8 L/yr 2% less
Commonwealth Bank of Australia, India QA Engineer Salary 7 - 8 years exp. (3 salaries)	₹21 L/yr - ₹25.2 L/yr 388% more
State Street Corporation QA Engineer Salary 5 - 10 years exp. (3 salaries)	₹12 L/yr - ₹20 L/yr 224% more

QA Engineer salary at Cholamandalam Investment & Finance ranges between ₹4.4 Lakhs to ₹5.8 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance QA Engineer salaries

Last Updated: 18 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
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4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in Cholamandalam Investment & Finance

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(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Software Engineer Salary

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Manual Tester Salary

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₹2.5 L/yr - ₹3.5 L/yr

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₹8.2 L/yr - ₹10.5 L/yr

Senior Test Engineer Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Manual Test Engineer Salary

(4 salaries)

₹2.4 L/yr - ₹5.5 L/yr

Software Tester Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

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₹2.8 L/yr - ₹3.5 L/yr

Salary related reviews for Cholamandalam Investment & Finance

1.0

Rated by 1 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

see more salary related reviews

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Cholamandalam Investment & Finance QA Engineer Salary FAQs

What is the salary of QA Engineer at Cholamandalam Investment & Finance ?

The average salary of a QA Engineer at Cholamandalam Investment & Finance in India typically ranges from ₹4.4 Lakhs to ₹5.8 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of QA Engineer at Cholamandalam Investment & Finance earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹5.8 Lakhs per year. QA Engineer 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 4 Cholamandalam Investment & Finance employees in India.

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

The estimated take-home salary of a QA Engineer at Cholamandalam Investment & Finance in India typically ranges from ₹35,879 to ₹37,105 per month. This is based on the average salary range of ₹4.4 Lakhs to ₹5.8 Lakhs per year for employees with experience ranging from 1 year to 5 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 4 salaries received from various employees of Cholamandalam Investment & Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Commonwealth Bank of Australia, India	₹21.0 Lakhs to ₹25.2 Lakhs per year
State Street Corporation	₹12.0 Lakhs to ₹20.0 Lakhs per year
American Express	₹12.5 Lakhs to ₹20.0 Lakhs per year
Citicorp	₹5.5 Lakhs to ₹23.0 Lakhs per year
UBS	₹5.5 Lakhs to ₹20.0 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 QA Engineer in companies similar to Cholamandalam Investment & Finance in India?

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

Fidelity Investments	₹7.8 Lakhs to ₹16.0 Lakhs per year
JPMorgan Chase & Co.	₹5.0 Lakhs to ₹19.2 Lakhs per year
HSBC Group	₹4.6 Lakhs to ₹11.9 Lakhs per year
Morgan Stanley	₹5.5 Lakhs to ₹8.8 Lakhs per year
Wells Fargo	₹4.1 Lakhs to ₹9.9 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 QA Engineer at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
1 year	₹3.9 Lakhs to ₹5.0 Lakhs per year
3 years	₹5.2 Lakhs to ₹6.6 Lakhs per year
4 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
5 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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Cholamandalam Investment & Finance QA Engineer Salaries

Cholamandalam Investment & Finance QA Engineer salary in India ranges between ₹4.4 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.