Cholamandalam Investment & Finance Recovery Executive Salaries by 9 Employees (Updated 2025)

3 - 5 years exp.

₹1.2 Lakh - ₹2.8 Lakhs

Low Confidence

Salary of majority employees

17% less than the average Recovery Executive Salary in Financial Services Companies for 3 - 5 years of experience

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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 Finance Recovery Executive Salary 1 - 6 years exp. (31 salaries)	₹1.2 L/yr - ₹4.3 L/yr 29% more
HDFC Bank Recovery Executive Salary 0 - 5 years exp. (29 salaries)	₹1.5 L/yr - ₹3.6 L/yr 27% more
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Mahindra Finance Recovery Executive Salary 1 - 8 years exp. (26 salaries)	₹1.5 L/yr - ₹4 L/yr 40% more
Shriram Finance Recovery Executive Salary 0 - 6 years exp. (209 salaries)	₹1.2 L/yr - ₹3.5 L/yr 21% more
Tata Capital Recovery Executive Salary 0 - 5 years exp. (6 salaries)	₹1 L/yr - ₹3.5 L/yr 14% more
Muthoot Finance Recovery Executive Salary 1 - 6 years exp. (24 salaries)	₹1.6 L/yr - ₹2.8 L/yr 6% more
Bajaj Finserv Recovery Executive Salary 1 - 5 years exp. (11 salaries)	₹1.2 L/yr - ₹4 L/yr 24% more
HDFC Sales Recovery Executive Salary 1 - 3 years exp. (6 salaries)	₹1.8 L/yr - ₹3.5 L/yr 27% 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

Sales Executive Salary

(153 salaries)

₹1.1 L/yr - ₹4 L/yr

Finance Executive Salary

(131 salaries)

₹1.2 L/yr - ₹4.43 L/yr

Relationship Executive Salary

(12 salaries)

₹1.1 L/yr - ₹3.48 L/yr

Senior Accounts Executive Salary

(3 salaries)

₹1.8 L/yr - ₹4.5 L/yr

Senior Associate Salary

(36 salaries)

₹1.5 L/yr - ₹4 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹1.5 L/yr - ₹2 L/yr

Process Associate Salary

(5 salaries)

₹1.05 L/yr - ₹1.8 L/yr

Accountant Salary

(4 salaries)

₹1.8 L/yr - ₹2.8 L/yr

Team Lead Salary

(97 salaries)

₹1.85 L/yr - ₹5.5 L/yr

Sales Officer Salary

(157 salaries)

₹1.2 L/yr - ₹3.6 L/yr

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

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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 Recovery Executive Salary FAQs

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

Recovery Executive salary at Cholamandalam Investment & Finance in India ranges between ₹1.2 Lakhs to ₹2.8 Lakhs for experience between 3 years to 5 years. According to our estimates it is 17% less than the average Recovery Executive Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Cholamandalam Investment & Finance India.

How does the salary of a Recovery Executive at Cholamandalam Investment & Finance India compare with the average salary range for this job?

The average salary of a Recovery Executive at Cholamandalam Investment & Finance is 17% less than the average salary of a Recovery Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam Investment & Finance to a Recovery Executive in India?

Mahindra Finance Recovery Executive Salary - ₹1.5 Lakhs to ₹4.0 Lakhs per year
Bajaj Finance Recovery Executive Salary - ₹1.2 Lakhs to ₹4.3 Lakhs per year
HDFC Sales Recovery Executive Salary - ₹1.8 Lakhs to ₹3.5 Lakhs per year
HDFC Bank Recovery Executive Salary - ₹1.5 Lakhs to ₹3.6 Lakhs per year
Bajaj Finserv Recovery Executive Salary - ₹1.2 Lakhs to ₹4.0 Lakhs per year

What is the salary of a Recovery Executive in companies similar to Cholamandalam Investment & Finance in India?

Shriram Finance Recovery Executive Salary - ₹1.2 Lakhs to ₹3.5 Lakhs per year
Tata Capital Recovery Executive Salary - ₹1.0 Lakhs to ₹3.5 Lakhs per year
Muthoot Finance Recovery Executive Salary - ₹1.6 Lakhs to ₹2.8 Lakhs per year

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 ranges between ₹13,776 per month to ₹15,237 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Recovery Executive salary in India which ranges between ₹1.2 Lakhs to ₹2.8 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Recovery Executive at Cholamandalam Investment & Finance?

According to AmbitionBox, 89% of the Cholamandalam Investment & Finance Recovery Executives reported a notice period of 1 Month, 11% reported a notice period of 2 Months.This is based on 9 responses on AmbitionBox in last 2 years.

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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.