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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 4.7k Reviews

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Cholamandalam Investment & Finance Sales Manager salaries in Mumbai

Annual salary range
5 - 9 years exp.
₹3.1 Lakhs - ₹4.7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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34% less than the average Sales Manager Salary in Financial Services Companies for 5 - 9 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Sales Manager Salary
5 - 9 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.3 L/yr

BFSI, Investments & Trading
Sales Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹5 L/yr

Sales & Business Development
Sales Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹4.7 L/yr

Last Updated: 9 Sep 2024

Companies similar to Cholamandalam Investment & Finance for Sales Manager in Mumbai

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Cholamandalam Investment & Finance Sales Manager Salary

5 - 9 years exp. (5 salaries)
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₹3.1 L/yr - ₹4.7 L/yr

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Company name Avg Annual Salary Open Jobs
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Bajaj Finserv Sales Manager Salary

0 - 9 years exp. (115 salaries)
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₹1.4 L/yr - ₹8.7 L/yr

arrow icon 24% more
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Aditya Birla Capital Sales Manager Salary

1 - 10 years exp. (34 salaries)
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₹3.3 L/yr - ₹10.8 L/yr

arrow icon 29% more
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Motilal Oswal Financial Services Sales Manager Salary

3 - 11 years exp. (17 salaries)
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₹4 L/yr - ₹8 L/yr

arrow icon 26% more
 1 job opening
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Citicorp Sales Manager Salary

4 - 14 years exp. (9 salaries)
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₹11.2 L/yr - ₹24 L/yr

arrow icon 249% more
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IDFC FIRST Bharat Sales Manager Salary

3 - 7 years exp. (4 salaries)
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₹3 L/yr - ₹7.7 L/yr

arrow icon 4% more
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HDFC Sales Sales Manager Salary

4 - 7 years exp. (3 salaries)
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₹2.5 L/yr - ₹8 L/yr

arrow icon 3% less
Sales Manager salary at Cholamandalam Investment & Finance ranges between ₹3.1 Lakhs to ₹4.7 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam Investment & Finance.

Latest annual salaries shared by Cholamandalam Investment & Finance Sales Manager in Mumbai

6mo ago
₹3.5 Lakhs
9 years exp.
7mo ago
₹4 Lakhs
8 years exp.
9mo ago
₹4.3 Lakhs
5 years exp.
1y ago
₹4.7 Lakhs
5 years exp.

Experience wise Cholamandalam Investment & Finance Sales Manager salaries in Mumbai

Last Updated: 9 Sep 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.3 L/yr
7 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr
9 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in Cholamandalam Investment & Finance

Area Sales Manager Salary
(18 salaries)
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₹8 L/yr - ₹21.3 L/yr
Sales Officer Salary
(4 salaries)
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₹1.95 L/yr - ₹3 L/yr
Deputy Manager Salary
(3 salaries)
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₹2.82 L/yr - ₹7.95 L/yr

Top skills at Cholamandalam Investment & Finance for Sales Manager

Software Configuration Management Two Wheeler Loan Vehicle Finance

Salary related reviews for Cholamandalam Investment & Finance

4.0

Rated by 1 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.

read more
  • 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

read more
  • 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.

read more
  • 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.

read more
  • 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

read more
  • 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

read more
  • Job security - Bad
    • +1 more
see more salary related reviews

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peacemaker
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works at
Georgia-Pacific
New offer. Confused.
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 Sales Manager Salary FAQs

What is the salary of Sales Manager at Cholamandalam Investment & Finance in Mumbai?
The average salary of a Sales Manager at Cholamandalam Investment & Finance in Mumbai typically ranges from ₹3.1 Lakhs to ₹4.7 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Sales Manager in Mumbai at Cholamandalam Investment & Finance earn more than ₹4.7 Lakhs per year, and the top 1% earn over ₹4.7 Lakhs per year. Sales 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 5 Cholamandalam Investment & Finance employees in India.
What is the estimated take home salary of a Sales Manager at Cholamandalam Investment & Finance in Mumbai?
The estimated take-home salary of a Sales Manager at Cholamandalam Investment & Finance in Mumbai typically ranges from ₹34,022 to ₹35,277 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹4.7 Lakhs per year for employees with experience ranging from 5 years to 9 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 5 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 Sales Manager at Cholamandalam Investment & Finance in Mumbai?
To be a Sales Manager at Cholamandalam Investment & Finance in Mumbai, the key skills required include:

  • - Software Configuration Management
  • - Two Wheeler Loan
  • - Vehicle Finance

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 Sales Manager in India?
Citicorp ₹11.2 Lakhs to ₹24.0 Lakhs per year
Aditya Birla Capital ₹3.3 Lakhs to ₹10.8 Lakhs per year
Motilal Oswal Financial Services ₹4.0 Lakhs to ₹8.0 Lakhs per year
Bajaj Finserv ₹1.4 Lakhs to ₹8.7 Lakhs per year
IDFC FIRST Bharat ₹3.0 Lakhs to ₹7.7 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 Sales Manager in companies similar to Cholamandalam Investment & Finance in Mumbai?
The salary of a Sales Manager at companies similar to Cholamandalam Investment & Finance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Sales ₹2.5 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 Sales Manager at Cholamandalam Investment & Finance in Mumbai?
The salary growth for a Sales Manager at Cholamandalam Investment & Finance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Sales Manager in Mumbai can expect the following growth trajectory at Cholamandalam Investment & Finance:

Experience Average Salary Range
5 years ₹4.0 Lakhs to ₹5.2 Lakhs per year
6 years ₹4.2 Lakhs to ₹5.3 Lakhs per year
7 years ₹4.3 Lakhs to ₹5.5 Lakhs per year
8 years ₹4.4 Lakhs to ₹5.6 Lakhs per year
and so on.

Tell us how to improve this page.

Cholamandalam Investment & Finance Sales Manager salary in Mumbai ranges between ₹3.1 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.