Cholamandalam Investment & Finance Recovery Officer Salaries by 10+ Employees

1 - 8 years exp.

₹2.2 Lakhs - ₹3.7 Lakhs

Salary of majority employees

At par with the average Recovery Officer Salary in Financial Services Companies for 1 - 8 years of experience

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Salaries in different departments

Finance & Accounting Recovery Officer Salary 2 - 7 years exp. (3 salaries)	₹2.3 L/yr - ₹3.1 L/yr
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Sales & Business Development Recovery Officer Salary 4 - 6 years exp. (3 salaries)	₹2.5 L/yr - ₹2.9 L/yr

Last Updated: 25 Dec 2024

Companies similar to Cholamandalam Investment & Finance for Recovery Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Recovery Officer Salary 2 - 6 years exp. (41 salaries)	₹1.4 L/yr - ₹4.4 L/yr 13% more
HDFC Sales Recovery Officer Salary 3 - 7 years exp. (6 salaries)	₹2.6 L/yr - ₹5.3 L/yr 23% more
Login to view exact salary
Motilal Oswal Financial Services Recovery Officer Salary 1 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹3.3 L/yr 7% less
Shriram Group Recovery Officer Salary 2 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹2.6 L/yr 7% less
RBL FinServe Recovery Officer Salary 0 - 6 years exp. (4 salaries)	₹2.9 L/yr - ₹3.5 L/yr 12% more

Recovery Officer salary at Cholamandalam Investment & Finance ranges between ₹2.2 Lakhs to ₹3.7 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 13 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Recovery Officer salaries

Last Updated: 25 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.6 L/yr
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.6 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹2.9 L/yr
6 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.1 L/yr
7 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.1 L/yr
8 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.7 L/yr

View all

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Senior Analyst Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

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₹1.8 L/yr - ₹2.8 L/yr

Sales Executive Salary

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Salary related reviews for Cholamandalam Investment & Finance

3.7

Rated by 9 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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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Cholamandalam Investment & Finance Recovery Officer Salary FAQs

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

The average salary of a Recovery Officer at Cholamandalam Investment & Finance in India typically ranges from ₹2.2 Lakhs to ₹3.7 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Recovery Officer at Cholamandalam Investment & Finance earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Recovery Officer 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 10+ Cholamandalam Investment & Finance employees in India.

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

The estimated take-home salary of a Recovery Officer at Cholamandalam Investment & Finance in India typically ranges from ₹19,037 to ₹20,715 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from 1 year to 8 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 10+ 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 Officer in India?

HDFC Sales	₹2.6 Lakhs to ₹5.3 Lakhs per year
Bajaj Finserv	₹1.4 Lakhs to ₹4.4 Lakhs per year
RBL FinServe	₹2.9 Lakhs to ₹3.5 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 Recovery Officer in companies similar to Cholamandalam Investment & Finance in India?

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

Motilal Oswal Financial Services	₹2.1 Lakhs to ₹3.3 Lakhs per year
Shriram Group	₹2.3 Lakhs to ₹2.6 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 Recovery Officer at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
1 year	₹2.2 Lakhs to ₹4.6 Lakhs per year
2 years	₹2.4 Lakhs to ₹4.6 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years	₹2.5 Lakhs to ₹2.8 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Recovery Officer Salaries

Cholamandalam Investment & Finance Recovery Officer salary in India ranges between ₹2.2 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

Cholamandalam Investment & Finance Recovery Officer salaries in India

Companies similar to Cholamandalam Investment & Finance for Recovery Officer

Latest annual salaries shared by Cholamandalam Investment & Finance Recovery Officer

Experience wise Cholamandalam Investment & Finance Recovery Officer salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Salary related reviews for Cholamandalam Investment & Finance

Team Lead in Kolkata

Relationship Manager in Ranchi

Senior Sales Officer in Mumbai

Sales Officer in Kolkata

Sales Executive in Hindaun City

Cholamandalam Investment & Finance Recovery Officer Salary FAQs

Tell us how to improve this page.

Cholamandalam Investment & Finance Recovery Officer Salaries by Location