Cholamandalam Investment & Finance Sales Associate Salaries by 5 Employees (Updated 2025)

3 - 9 years exp.

₹2.6 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

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13% less than the average Sales Associate Salary in Financial Services Companies for 3 - 9 years of experience

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Salaries in different departments

Marketing & Communication Sales Associate Salary 6 - 8 years exp. (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹3.3 L/yr
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Finance & Accounting Sales Associate Salary 9 years exp. (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹2.9 L/yr

Last Updated: 20 Nov 2024

Companies similar to Cholamandalam Investment & Finance for Sales Associate

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Sales Associate Salary 0 - 10 years exp. (29 salaries)	Unlock ₹1.3 L/yr - ₹3.6 L/yr 14% less
HDFC Bank Sales Associate Salary 0 - 6 years exp. (55 salaries)	Unlock ₹1.4 L/yr - ₹3 L/yr 16% less
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Mahindra Finance Sales Associate Salary 1 - 9 years exp. (4 salaries)	Unlock ₹2.2 L/yr - ₹3.6 L/yr At par
Shriram Finance Sales Associate Salary 2 - 8 years exp. (5 salaries)	Unlock ₹1.4 L/yr - ₹3 L/yr 13% less
Tata Capital Sales Associate Salary 0 - 8 years exp. (29 salaries)	Unlock ₹2.1 L/yr - ₹4 L/yr 16% more	11 job openings
L&T Finance Sales Associate Salary 1 - 4 years exp. (5 salaries)	Unlock ₹1.8 L/yr - ₹4.5 L/yr 11% less
Aditya Birla Capital Sales Associate Salary 1 - 6 years exp. (10 salaries)	Unlock ₹2.8 L/yr - ₹3.4 L/yr 9% more
Muthoot Finance Sales Associate Salary 1 - 12 years exp. (4 salaries)	Unlock ₹1.7 L/yr - ₹2.4 L/yr 27% less
Edelweiss Sales Associate Salary 7 years exp. (3 salaries)	Unlock ₹6 L/yr - ₹6.4 L/yr 126% more
Bajaj Finserv Sales Associate Salary 0 - 6 years exp. (82 salaries)	Unlock ₹1.4 L/yr - ₹4 L/yr 1% more
HDFC Sales Sales Associate Salary 0 - 6 years exp. (11 salaries)	Unlock ₹1.7 L/yr - ₹2.4 L/yr 20% less
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American Express Sales Associate Salary 0 - 6 years exp. (4 salaries)	Unlock ₹2.1 L/yr - ₹7.7 L/yr 38% more
HSBC Group Sales Associate Salary 0 - 8 years exp. (4 salaries)	Unlock ₹2.2 L/yr - ₹8 L/yr 71% more
IDFC FIRST Bharat Sales Associate Salary 3 - 8 years exp. (3 salaries)	Unlock ₹1.2 L/yr - ₹2.4 L/yr 38% less

Sales Associate salary at Cholamandalam Investment & Finance ranges between ₹2.6 Lakhs to ₹3 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Sales Associate salaries

Last Updated: 20 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹4.7 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹4.8 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹3 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹3.2 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹3 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹5.2 L/yr

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Salary related reviews for Cholamandalam Investment & Finance

4.0

Rated by 2 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

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

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

see more salary related reviews

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What people are saying about Cholamandalam Investment & Finance

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a head branch credit ops

Career Suggestions.

I am a Credit Officer working in a NBFC Company since last 5 years. In the last 5 years of my period I have gathered lots of experience in the field of Finance. But the biggest concern is though I gathered a lot of experience my CTC is 3.0 LPA. Though I got the opportun... read more

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Cholamandalam Investment & Finance Sales Associate Salary FAQs

What is the salary of Sales Associate at Cholamandalam Investment & Finance?

Sales Associate salary at Cholamandalam Investment & Finance in India ranges between ₹2.6 Lakhs to ₹3.0 Lakhs for experience between 3 years to 9 years. According to our estimates it is 13% less than the average Sales Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam Investment & Finance India.

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

The average salary of a Sales Associate at Cholamandalam Investment & Finance is 13% less than the average salary of a Sales Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam Investment & Finance to a Sales Associate in India?

Edelweiss Sales Associate Salary - ₹6.0 Lakhs to ₹6.4 Lakhs per year
HSBC Group Sales Associate Salary - ₹2.2 Lakhs to ₹8.0 Lakhs per year
American Express Sales Associate Salary - ₹2.1 Lakhs to ₹7.7 Lakhs per year
Tata Capital Sales Associate Salary - ₹2.1 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Capital Sales Associate Salary - ₹2.8 Lakhs to ₹3.4 Lakhs per year

What is the salary of a Sales Associate in companies similar to Cholamandalam Investment & Finance in India?

Bajaj Finserv Sales Associate Salary - ₹1.4 Lakhs to ₹4.0 Lakhs per year
Mahindra Finance Sales Associate Salary - ₹2.2 Lakhs to ₹3.6 Lakhs per year
L&T Finance Sales Associate Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year
Shriram Finance Sales Associate Salary - ₹1.4 Lakhs to ₹3.0 Lakhs per year
Bajaj Finance Sales Associate Salary - ₹1.3 Lakhs to ₹3.6 Lakhs per year

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

The estimated take-home salary of a Sales Associate at Cholamandalam Investment & Finance ranges between ₹19,575 per month to ₹21,245 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Sales Associate salary in India which ranges between ₹2.6 Lakhs to ₹3.0 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Sales Associate at Cholamandalam Investment & Finance?

According to AmbitionBox, 75% of the Cholamandalam Investment & Finance Sales Associates reported a notice period of 15 days or less, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Sales Associate Salaries

Cholamandalam Investment & Finance Sales Associate salary in India ranges between ₹2.6 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.