Cholamandalam Investment & Finance Indore Regional Manager Salaries by 7 Employees

14 - 20 years exp.

₹11.6 Lakhs - ₹25.2 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

23% more than the average Regional Manager Salary in Financial Services Companies for 14 - 20 years of experience

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Last Updated: 4 Sep 2024

Companies similar to Cholamandalam Investment & Finance for Regional Manager in Indore

Cholamandalam Investment & Finance Regional Manager Salary

14 - 20 years exp. (7 salaries)

₹11.6 L/yr - ₹25.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Regional Manager Salary 13 - 17 years exp. (3 salaries)	₹12.5 L/yr - ₹23.5 L/yr 3% more
L&T Finance Regional Manager Salary 8 - 16 years exp. (9 salaries)	₹10 L/yr - ₹25 L/yr 12% more
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Himalaya Wellness Regional Manager Salary 9 - 16 years exp. (8 salaries)	₹4.7 L/yr - ₹9.5 L/yr 61% less
HDFC Bank Regional Manager Salary 10 - 15 years exp. (7 salaries)	₹9 L/yr - ₹20.3 L/yr 3% more
Udaan Regional Manager Salary 5 - 10 years exp. (5 salaries)	₹4.7 L/yr - ₹8 L/yr 66% less

Regional Manager salary at Cholamandalam Investment & Finance ranges between ₹11.6 Lakhs to ₹25.2 Lakhs per year for employees with experience between 14 years to 20 years. Salary estimates are based on 7 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Regional Manager salaries in Indore

Last Updated: 4 Sep 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹16.6 L/yr - ₹21.2 L/yr
Login to view exact salary
15+ years (6 salaries)	₹11.6 L/yr - ₹25.2 L/yr

Similar Designation salaries in Cholamandalam Investment & Finance

Sales Officer Salary

(9 salaries)

₹1.5 L/yr - ₹3.27 L/yr

Branch Business Manager Salary

(6 salaries)

₹3 L/yr - ₹7.86 L/yr

Regional Sales Manager Salary

(5 salaries)

₹10.5 L/yr - ₹28 L/yr

Area Business Manager Salary

(4 salaries)

₹8 L/yr - ₹15.3 L/yr

Deputy Relationship Manager Salary

(4 salaries)

₹2.4 L/yr - ₹3.53 L/yr

Salary related reviews for Cholamandalam Investment & Finance

5.0

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.

Salary - Bad

+6 more

Area Sales Manager in Patna

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Jul 2023

3.0

for Salary and Benefits

Likes

Not Very Good But Satisfactory Salary Compensation

Dislikes

No holidays, You have to work all 7 days a week but as per HR attendance system they mark your attendance 5 days rest 2 days (Saturday & Sunday) are weekly off. Working hours starts early morning from 6 am and there is no fixed time to return back to home. Apart from these if you are in recovery department and if your targets were getting short then you will be forced by seniors to get it achieved through you salary.like this there are many more things which are wrong in this organisation specially in Bihar & Jharkhand.

Skill development - Bad

+4 more

Area Sales Manager in Patna

Full Time

Finance & Accounting Department

2.0

• posted on 06 Sep 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Salary - Good

Dislikes

Working 7 days a week No holiday Self funding for reducing NPA Senior talking in abusing language Down the line they treat as slave and people working here for Pvt Gift volunteer and incentive

Skill development - Bad

+5 more

Area Sales Manager in Jalgaon

Full Time

Sales & Business Development Department

3.0

• posted on 22 Aug 2023

4.0

for Salary and Benefits

Likes

Salary & benefits

Salary - Good

Dislikes

There is no job security and there is lot of politics , can't give time to family while working there Focus on the task at hand and don't put pressure on the cross sell product & other

Job security - Bad

+1 more

Branch Manager

Data Science & Analytics Department

5.0

• posted on 04 Mar 2020

3.0

for Salary and Benefits

Likes

Chola mandalam is a best organization for work but .

Skill development - Excellent

+5 more

Dislikes

Growth is very slow salary growth as a grade not satisfactory i am working here since 2012 but salary only 20 k..The work pressure is very high.i do not receive appreciattion amails from my clint,.

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Cholamandalam Investment & Finance Regional Manager Salary FAQs

What is the salary of Regional Manager at Cholamandalam Investment & Finance in Indore?

The average salary of a Regional Manager at Cholamandalam Investment & Finance in Indore typically ranges from ₹11.6 Lakhs to ₹25.2 Lakhs per year, depending on experience (from 14 years to 20 years).

The top 10% of Regional Manager in Indore at Cholamandalam Investment & Finance earn more than ₹25.2 Lakhs per year, and the top 1% earn over ₹25.2 Lakhs per year. Regional 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 7 Cholamandalam Investment & Finance employees in India.

What is the estimated take home salary of a Regional Manager at Cholamandalam Investment & Finance in Indore?

The estimated take-home salary of a Regional Manager at Cholamandalam Investment & Finance in Indore typically ranges from ₹1,23,499 to ₹1,27,222 per month. This is based on the average salary range of ₹11.6 Lakhs to ₹25.2 Lakhs per year for employees with experience ranging from 14 years to 20 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 7 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 Regional Manager in India?

L&T Finance	₹10.0 Lakhs to ₹25.0 Lakhs per year
Bajaj Finserv	₹12.5 Lakhs to ₹23.5 Lakhs per year
HDFC Bank	₹9.0 Lakhs to ₹20.3 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 Manager in companies similar to Cholamandalam Investment & Finance in Indore?

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

Himalaya Wellness	₹4.7 Lakhs to ₹9.5 Lakhs per year
Udaan	₹4.7 Lakhs to ₹8.0 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 Manager at Cholamandalam Investment & Finance in Indore?

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

Experience	Average Salary Range
14 years	₹16.6 Lakhs to ₹21.2 Lakhs per year
15 years	₹11.6 Lakhs to ₹25.2 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Regional Manager Salaries in Indore

Cholamandalam Investment & Finance Regional Manager salary in Indore ranges between ₹11.6 Lakhs to ₹25.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.