Cholamandalam Investment & Finance Recovery Executive Salaries by 9 Employees

3 - 5 years exp.

₹1.2 Lakh - ₹2.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

18% less than the average Recovery Executive Salary in Financial Services Companies for 3 - 5 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Recovery Executive Salary 3 - 4 years exp. (3 salaries)	₹2.1 L/yr - ₹2.8 L/yr
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Sales & Business Development Recovery Executive Salary 5 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr

Last Updated: 6 Sep 2024

Companies similar to Cholamandalam Investment & Finance for Recovery Executive

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Recovery Executive Salary 1 - 5 years exp. (11 salaries)	₹1.2 L/yr - ₹4 L/yr 25% more
HDFC Sales Recovery Executive Salary 1 - 3 years exp. (6 salaries)	₹1.8 L/yr - ₹3.5 L/yr 27% more
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Shriram Group Recovery Executive Salary 3 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹2.2 L/yr 3% more
The Muthoot Group Recovery Executive Salary 2 - 3 years exp. (3 salaries)	₹2.1 L/yr - ₹3 L/yr 18% more
Shriram Finance Recovery Executive Salary 0 - 6 years exp. (213 salaries)	₹1.2 L/yr - ₹3.5 L/yr 23% more

Recovery Executive salary at Cholamandalam Investment & Finance ranges between ₹1.2 Lakh to ₹2.8 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 9 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Recovery Executive salaries

Last Updated: 6 Sep 2024

Experience	Avg Annual Salary
3 years (3 salaries)	₹1.4 L/yr - ₹2.1 L/yr
4 years (5 salaries)	₹1.2 L/yr - ₹2.8 L/yr
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5 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.5 L/yr

Similar Designation salaries in Cholamandalam Investment & Finance

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₹1.5 L/yr - ₹4 L/yr

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₹1.5 L/yr - ₹2 L/yr

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₹1.35 L/yr - ₹2.84 L/yr

Accountant Salary

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₹1.8 L/yr - ₹2.71 L/yr

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Salary related reviews for Cholamandalam Investment & Finance

3.5

Rated by 3 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

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

Senior Sales Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Mar 2024

1.0

for Salary and Benefits

Likes

Only I like in this company is timely incentive and salary .

Dislikes

Work environment worst , full pressure to sell other products if your background is from loan and they will pressurise you to do collection and sell motor insurance, concall from higher level is very terrible 5-6 con call in a day , bosses doesn't support junior level employees always pressurise them no job time they will tell you should work from 9 am in the morning and no time till night . Very bad company.

Salary - Bad

+6 more

Sales Officer in Kolkata

Full Time

Sales & Business Development Department

5.0

• posted on 12 Oct 2023

5.0

for Salary and Benefits

Likes

...ead generation is easy as it's infrastructure as well as market reputation good. Salary structure and training is technology based.

Salary - Excellent

+6 more

Dislikes

Most of the superior better but some not mention their name not supportive rather they give prior business but not solve the that time market problem.

Sales Executive in Hindaun City

Sales & Business Development Department

5.0

• posted on 16 Feb 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling.conpany policies are good appraisal are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of Politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 year before which. which you cannot resign. On the job training is not given to new joinees

see more salary related reviews

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

115 participants . poll closed

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Cholamandalam Investment & Finance Recovery Executive Salary FAQs

What is the salary of Recovery Executive at Cholamandalam Investment & Finance ?

The average salary of a Recovery Executive at Cholamandalam Investment & Finance in India typically ranges from ₹1.2 Lakhs to ₹2.8 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Recovery Executive at Cholamandalam Investment & Finance earn more than ₹2.7 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Recovery Executive 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 9 Cholamandalam Investment & Finance employees in India.

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

The estimated take-home salary of a Recovery Executive at Cholamandalam Investment & Finance in India typically ranges from ₹13,776 to ₹15,237 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from 3 years 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 9 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 Recovery Executive in India?

HDFC Sales	₹1.8 Lakhs to ₹3.5 Lakhs per year
Bajaj Finserv	₹1.2 Lakhs to ₹4.0 Lakhs per year
Shriram Finance	₹1.2 Lakhs to ₹3.5 Lakhs per year
The Muthoot Group	₹2.1 Lakhs to ₹3.0 Lakhs per year
Shriram Group	₹1.8 Lakhs to ₹2.2 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.

How the salary growth look like for a Recovery Executive at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
3 years	₹1.4 Lakhs to ₹2.1 Lakhs per year
4 years	₹1.2 Lakhs to ₹2.8 Lakhs per year
5 years	₹0.8 Lakhs to ₹2.5 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Recovery Executive Salaries

Cholamandalam Investment & Finance Recovery Executive salary in India ranges between ₹1.2 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.