Cholamandalam Investment & Finance Regional Recovery Manager Salaries by 10+ Employees (Updated 2024)

11 - 21 years exp.

₹10 Lakhs - ₹19.6 Lakhs

Salary of majority employees

5% more than the average Regional Recovery Manager Salary in Financial Services Companies for 11 - 21 years of experience

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Salaries in different departments

BFSI, Investments & Trading Regional Recovery Manager Salary 11 - 19 years exp. (8 salaries)	₹10 L/yr - ₹18.5 L/yr
Sales & Business Development Regional Recovery Manager Salary 15 - 17 years exp. (4 salaries)	₹10.7 L/yr - ₹19.6 L/yr
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Product Management Regional Recovery Manager Salary 20 - 21 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹17.5 L/yr

Last Updated: 7 Oct 2024

Companies similar to Cholamandalam Investment & Finance for Regional Recovery Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Regional Recovery Manager Salary 15 - 20 years exp. (12 salaries)	₹21.3 L/yr - ₹33.4 L/yr 77% more
Shriram Finance Regional Recovery Manager Salary 6 - 17 years exp. (11 salaries)	₹4 L/yr - ₹9.3 L/yr 49% less
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Piramal Capital Housing Finance Regional Recovery Manager Salary 14 - 19 years exp. (19 salaries)	₹14.2 L/yr - ₹24.4 L/yr 23% more
Kinara Capital Regional Recovery Manager Salary 4 - 12 years exp. (7 salaries)	₹4.6 L/yr - ₹7.3 L/yr 61% less
IDFC FIRST Bank Regional Recovery Manager Salary 14 - 25 years exp. (5 salaries)	₹24 L/yr - ₹26 L/yr 69% more

Regional Recovery Manager salary at Cholamandalam Investment & Finance ranges between ₹10 Lakhs to ₹19.6 Lakhs per year for employees with experience between 11 years to 21 years. Salary estimates are based on 14 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Regional Recovery Manager salaries

Last Updated: 7 Oct 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹26.7 L/yr
12 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.1 L/yr
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13 years (AmbitionBox Estimate)	₹10 L/yr - ₹26.9 L/yr
14 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹26.9 L/yr
15+ years (11 salaries)	₹10 L/yr - ₹19.6 L/yr

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Regional Head Sales Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

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₹20.1 L/yr - ₹25.6 L/yr

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Salary related reviews for Cholamandalam Investment & Finance

5.0

Rated by 3 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.

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.

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

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

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.

Dislikes

No issue to dislike

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

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

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Cholamandalam Investment & Finance Regional Recovery Manager Salary FAQs

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

Regional Recovery Manager salary at Cholamandalam Investment & Finance in India ranges between ₹10.0 Lakhs to ₹19.6 Lakhs for experience between 11 years to 21 years. According to our estimates it is 5% more than the average Regional Recovery Manager Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Cholamandalam Investment & Finance India.

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

The average salary of a Regional Recovery Manager at Cholamandalam Investment & Finance is 5% more than the average salary of a Regional Recovery Manager in India. To know exact salary insights, login to view.

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

Bajaj Finance Regional Recovery Manager Salary - ₹21.3 Lakhs to ₹33.4 Lakhs per year
IDFC FIRST Bank Regional Recovery Manager Salary - ₹24.0 Lakhs to ₹26.0 Lakhs per year
Piramal Capital Housing Finance Regional Recovery Manager Salary - ₹14.2 Lakhs to ₹24.4 Lakhs per year

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

Shriram Finance Regional Recovery Manager Salary - ₹4.0 Lakhs to ₹9.3 Lakhs per year
Kinara Capital Regional Recovery Manager Salary - ₹4.6 Lakhs to ₹7.3 Lakhs per year

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

The estimated take-home salary of a Regional Recovery Manager at Cholamandalam Investment & Finance ranges between ₹1,03,672 per month to ₹1,06,512 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Regional Recovery Manager salary in India which ranges between ₹10.0 Lakhs to ₹19.6 Lakhs per year for employees with experience between 11 years to 21 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Cholamandalam Investment & Finance Regional Recovery Managers reported a notice period of 3 Months.This is based on 8 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Regional Recovery Manager Salaries by Location

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Cholamandalam Investment & Finance Regional Recovery Manager Salaries

Cholamandalam Investment & Finance Regional Recovery Manager salary in India ranges between ₹10 Lakhs to ₹19.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

Cholamandalam Investment & Finance Regional Recovery Manager salaries in India

Companies similar to Cholamandalam Investment & Finance for Regional Recovery Manager

Latest annual salaries shared by Cholamandalam Investment & Finance Regional Recovery Manager

Experience wise Cholamandalam Investment & Finance Regional Recovery Manager salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Salary related reviews for Cholamandalam Investment & Finance

Relationship Manager in Ranchi

Area Sales Manager in Patna

Area Sales Manager in Patna

Collections Manager in Bhadrak

Area Sales Manager in Jalgaon

Cholamandalam Investment & Finance Regional Recovery Manager Salary FAQs

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Cholamandalam Investment & Finance Regional Recovery Manager Salaries by Location