Cholamandalam Investment & Finance Recovery Manager Salaries by 2 Employees (Updated 2025)

1 - 4 years exp.

₹2.5 Lakhs - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 9 Feb 2025

Companies similar to Cholamandalam Investment & Finance for Recovery Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Recovery Manager Salary 3 - 6 years exp. (7 salaries)	₹2.3 L/yr - ₹5 L/yr 28% more
IDFC FIRST Bank Recovery Manager Salary 1 - 10 years exp. (65 salaries)	₹4 L/yr - ₹10 L/yr 166% more
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Shriram Finance Recovery Manager Salary 4 - 14 years exp. (28 salaries)	₹2 L/yr - ₹6 L/yr 24% more
Kotak Mahindra Bank Recovery Manager Salary 1 - 14 years exp. (23 salaries)	₹1.8 L/yr - ₹8.4 L/yr 63% more
HDFC Bank Recovery Manager Salary 5 - 18 years exp. (17 salaries)	₹3.5 L/yr - ₹13.5 L/yr 161% more

Recovery Manager salary at Cholamandalam Investment & Finance ranges between ₹2.5 Lakhs to ₹3.2 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 2 latest salaries received from various employees of Cholamandalam Investment & Finance.

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Top skills at Cholamandalam Investment & Finance for Recovery Manager

Collection Management Litigation Management Oracle Reports Vendor Management alcatel Infotainment

Salary related reviews for Cholamandalam Investment & Finance

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

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

Collections Manager in Bhadrak

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 02 May 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company polices are good, appraisals are fair and they give good salaryhike and bonus every year.

Salary - Excellent

+6 more

Dislikes

No issue to dislike

Collections Manager in Kurnool

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 12 Sep 2018

3.0

for Salary and Benefits

Likes

Good team work,good training,secured job, better growth, excellent salary growth, politics also high, good learning, good work environment, implementation New ideas,we can balance work and life

Job security - Good

+3 more

Dislikes

Management will not considered hord workers

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Cholamandalam Investment & Finance Recovery Manager Salary FAQs

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

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

Experience	Average Salary Range
1 year	₹0.5 Lakhs to ₹0.6 Lakhs per year
4 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Recovery Manager Salaries

Cholamandalam Investment & Finance Recovery Manager salary in India ranges between ₹2.5 Lakhs to ₹3.2 Lakhs. This is an estimate based on latest salaries received from employees of Cholamandalam Investment & Finance.