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This company page is being actively managed by Cholamandalam Investment & Finance Team. If you also belong to the team, you can get access from here

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3.9

based on 4.8k Reviews

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Cholamandalam Investment & Finance Regional Credit Manager salaries in Bangalore / Bengaluru

Annual salary range
11 - 19 years exp.
₹20 Lakhs - ₹30 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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23% more than the average Regional Credit Manager Salary in Financial Services Companies for 11 - 19 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Regional Credit Manager Salary
11 - 19 years exp. (7 salaries)
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₹20 L/yr - ₹27.8 L/yr

Risk Management & Compliance
Regional Credit Manager Salary
16 years exp. (AmbitionBox Estimate)
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₹22.2 L/yr - ₹30 L/yr

Last Updated: 10 Aug 2024

Companies similar to Cholamandalam Investment & Finance for Regional Credit Manager in Bangalore / Bengaluru

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Cholamandalam Investment & Finance Regional Credit Manager Salary

11 - 19 years exp. (8 salaries)
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₹20 L/yr - ₹30 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bajaj Finserv Regional Credit Manager Salary

8 - 12 years exp. (3 salaries)
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₹11 L/yr - ₹21 L/yr

arrow icon 25% less
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ICICI Bank Regional Credit Manager Salary

5 - 13 years exp. (48 salaries)
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₹7 L/yr - ₹22.7 L/yr

arrow icon 34% less
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Yes Bank Regional Credit Manager Salary

10 - 16 years exp. (9 salaries)
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₹14 L/yr - ₹30.2 L/yr

arrow icon 1% more
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Truhome Finance Regional Credit Manager Salary

21 - 24 years exp. (6 salaries)
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₹38.7 L/yr - ₹45 L/yr

arrow icon 75% more
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Clix Capital Services Regional Credit Manager Salary

8 - 13 years exp. (5 salaries)
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₹13.4 L/yr - ₹19 L/yr

arrow icon 33% less
 1 job opening
Regional Credit Manager salary at Cholamandalam Investment & Finance ranges between ₹20 Lakhs to ₹30 Lakhs per year for employees with experience between 11 years to 19 years. Salary estimates are based on 8 latest salaries received from various employees of Cholamandalam Investment & Finance.

Latest annual salaries shared by Cholamandalam Investment & Finance Regional Credit Manager in Bangalore / Bengaluru

8mo ago
₹30 Lakhs
16 years exp.
1y ago
₹27.8 Lakhs
11 years exp.
1y ago
₹24 Lakhs
15 years exp.
1y ago
₹20 Lakhs
14 years exp.

Experience wise Cholamandalam Investment & Finance Regional Credit Manager salaries in Bangalore / Bengaluru

Last Updated: 10 Aug 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹20.5 L/yr - ₹26.2 L/yr
12 years (AmbitionBox Estimate)

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₹20.7 L/yr - ₹26.5 L/yr
13 years (AmbitionBox Estimate)

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₹21 L/yr - ₹26.8 L/yr
14 years (AmbitionBox Estimate)

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₹21.2 L/yr - ₹27.1 L/yr
15+ years  (6 salaries)

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₹20 L/yr - ₹30 L/yr

Similar Designation salaries in Cholamandalam Investment & Finance

Area Credit Manager Salary
(5 salaries)
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₹11.5 L/yr - ₹15.6 L/yr
Relationship Manager Salary
(4 salaries)
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₹3 L/yr - ₹5 L/yr
Credit Manager Salary
(3 salaries)
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₹6.35 L/yr - ₹8 L/yr

Top skills at Cholamandalam Investment & Finance for Regional Credit Manager

equipment finance Credit Appraisal SME Home Loans Working Capital Credit Underwriting term loan Credit Analysis Credit Policy

Salary related reviews for Cholamandalam Investment & Finance

4.0

Rated by 1 employees for salary & benefits

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.

read more
  • Salary - Bad
    • +6 more

Area Credit Manager in Barwani

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 01 Sep 2024
5.0
 for  Salary and Benefits

Likes

Friendly nature with seniors and employes .Good salary benifits and incentive structure. Skill development and time to time learning module.

read more
  • Salary - Excellent
    • +5 more

Dislikes

Office work timing not fixed. We have not sufficient time for family

  • Work-life balance - Poor

Credit Analyst in Jaipur

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 15 Aug 2023
3.0
 for  Salary and Benefits

Likes

Good company as compare to other NBC Salary is not as level No work life balance You have to work for 24 hr Join office early at 9 am leave office after 8 pm After that they will call you at home to work from home after 8pm Very bad working culture specially if you are working in unsecured loan department that is CSEL DEPARTMENT

read more

Dislikes

Please don't join in CSEL in cholamandalam investment and finance company

  • Skill development - Poor
    • +2 more

Officer in Mysuru / Mysore

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 21 Dec 2023
2.0
 for  Salary and Benefits

Likes

I am always like chola

  • Skill development - Excellent
    • +2 more

Dislikes

... to give promotion to the employees who have worked for many years in our Chola. Again, he failed to increase the salary. Some managers use bad words.

read more
  • Salary - Poor
    • +3 more

Officer in Mp3

Full Time

 · 

Other Department

2.0
  •  posted on 18 Feb 2024
2.0
 for  Salary and Benefits

Likes

... any executive to move any other company. Also not give promotion to executive. Only they increase salary by 500-1300 yearly only after they get to know, you think yo switch other company.

read more

Dislikes

Same as above. Not recommended if you are futuristic and need growth in career.

  • Salary - Poor
    • +4 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Cholamandalam Investment & Finance Regional Credit Manager Salary FAQs

What is the salary of Regional Credit Manager at Cholamandalam Investment & Finance in Bangalore / Bengaluru?
The average salary of a Regional Credit Manager at Cholamandalam Investment & Finance in Bangalore / Bengaluru typically ranges from ₹20.0 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 11 years to 19 years).

The top 10% of Regional Credit Manager in Bangalore / Bengaluru at Cholamandalam Investment & Finance earn more than ₹29.3 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Regional Credit Manager 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 8 Cholamandalam Investment & Finance employees in India.
What is the estimated take home salary of a Regional Credit Manager at Cholamandalam Investment & Finance in Bangalore / Bengaluru?
The estimated take-home salary of a Regional Credit Manager at Cholamandalam Investment & Finance in Bangalore / Bengaluru typically ranges from ₹1,52,348 to ₹1,58,100 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 11 years to 19 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 8 salaries received from various employees of Cholamandalam Investment & Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Regional Credit Manager at Cholamandalam Investment & Finance in Bangalore / Bengaluru?
To be a Regional Credit Manager at Cholamandalam Investment & Finance in Bangalore / Bengaluru, the key skills required include:

  • - equipment finance
  • - Credit Appraisal
  • - SME
  • - Home Loans
  • - Working Capital

These skills are highly valued at Cholamandalam Investment & Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Cholamandalam Investment & Finance for Regional Credit Manager in India?
Truhome Finance ₹38.7 Lakhs to ₹45.0 Lakhs per year
Yes Bank ₹14.0 Lakhs to ₹30.2 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.
What is the salary of a Regional Credit Manager in companies similar to Cholamandalam Investment & Finance in Bangalore / Bengaluru?
The salary of a Regional Credit Manager at companies similar to Cholamandalam Investment & Finance in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Finserv ₹11.0 Lakhs to ₹21.0 Lakhs per year
Clix Capital Services ₹13.4 Lakhs to ₹19.0 Lakhs per year
ICICI Bank ₹7.0 Lakhs to ₹22.7 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 Regional Credit Manager at Cholamandalam Investment & Finance in Bangalore / Bengaluru?
The salary growth for a Regional Credit Manager at Cholamandalam Investment & Finance in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Regional Credit Manager in Bangalore / Bengaluru can expect the following growth trajectory at Cholamandalam Investment & Finance:

Experience Average Salary Range
11 years ₹20.5 Lakhs to ₹26.2 Lakhs per year
12 years ₹20.7 Lakhs to ₹26.5 Lakhs per year
13 years ₹21.0 Lakhs to ₹26.8 Lakhs per year
14 years ₹21.2 Lakhs to ₹27.1 Lakhs per year
and so on.

Tell us how to improve this page.

Cholamandalam Investment & Finance Regional Credit Manager salary in Bangalore / Bengaluru ranges between ₹20 Lakhs to ₹30 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.