Cholamandalam Investment & Finance Mumbai Sales Officer Salaries by 4 Employees

3 - 5 years exp.

₹2 Lakhs - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

21% less than the average Sales Officer Salary in Financial Services Companies for 3 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Officer Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.7 L/yr
Finance & Accounting Sales Officer Salary 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3 L/yr
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Sales & Business Development Sales Officer Salary 5 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 L/yr

Last Updated: 27 Jun 2024

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

Cholamandalam Investment & Finance Sales Officer Salary

3 - 5 years exp. (4 salaries)

₹2 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Sales Officer Salary 0 - 8 years exp. (104 salaries)	₹1.5 L/yr - ₹4.2 L/yr 4% more
HDFC Sales Sales Officer Salary 0 - 7 years exp. (38 salaries)	₹2 L/yr - ₹3.6 L/yr 1% more	3 job openings
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IDFC FIRST Bharat Sales Officer Salary 0 - 5 years exp. (7 salaries)	₹1.8 L/yr - ₹2.5 L/yr 10% less
Citicorp Sales Officer Salary 8 - 9 years exp. (3 salaries)	₹14.2 L/yr - ₹20.5 L/yr 457% more
HSBC Group Sales Officer Salary 2 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹3.8 L/yr 22% more

Sales Officer salary at Cholamandalam Investment & Finance ranges between ₹2 Lakhs to ₹3 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Sales Officer salaries in Mumbai

Last Updated: 27 Jun 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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5 years (3 salaries)	₹2 L/yr - ₹3 L/yr

Similar Designation salaries in Cholamandalam Investment & Finance

Area Sales Manager Salary

(19 salaries)

₹8 L/yr - ₹21.3 L/yr

Sales Manager Salary

(5 salaries)

₹3.1 L/yr - ₹4.67 L/yr

Deputy Manager Salary

(3 salaries)

₹3 L/yr - ₹7.95 L/yr

Top skills at Cholamandalam Investment & Finance for Sales Officer

housing loan Home Loans housing finance home finance Mortgage Loans Sales Auto Loans Vehicle hl Commercial Vehicle Loans Sales Executive Activities auto Phlebotomy mortgage HLOOKUP

Salary related reviews for Cholamandalam Investment & Finance

Sales Officer in Kolkata

Full Time

Sales & Business Development Department

5.0

• posted on 12 Oct 2023

5.0

for Salary and Benefits

Likes

...ead generation is easy as it's infrastructure as well as market reputation good. Salary structure and training is technology based.

Salary - Excellent

+6 more

Dislikes

Most of the superior better but some not mention their name not supportive rather they give prior business but not solve the that time market problem.

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.

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

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.

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

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Salary Discussions, Hike & Promotions

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 Officer Salary FAQs

What is the salary of Sales Officer at Cholamandalam Investment & Finance in Mumbai?

The average salary of a Sales Officer at Cholamandalam Investment & Finance in Mumbai typically ranges from ₹2.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Sales Officer in Mumbai at Cholamandalam Investment & Finance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Sales Officer 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 4 Cholamandalam Investment & Finance employees in India.

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

The estimated take-home salary of a Sales Officer at Cholamandalam Investment & Finance in Mumbai typically ranges from ₹19,216 to ₹20,891 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 3 years to 5 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 4 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 Officer at Cholamandalam Investment & Finance in Mumbai?

To be a Sales Officer at Cholamandalam Investment & Finance in Mumbai, the key skills required include:

- housing loan
- Home Loans
- housing finance
- home finance
- Mortgage Loans

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 Officer in India?

Citicorp	₹14.2 Lakhs to ₹20.5 Lakhs per year
HSBC Group	₹2.2 Lakhs to ₹3.8 Lakhs per year
Bajaj Finserv	₹1.5 Lakhs to ₹4.2 Lakhs per year
HDFC Sales	₹2.0 Lakhs to ₹3.6 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 Officer in companies similar to Cholamandalam Investment & Finance in Mumbai?

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

IDFC FIRST Bharat

₹1.8 Lakhs to ₹2.5 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 Officer at Cholamandalam Investment & Finance in Mumbai?

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

Experience	Average Salary Range
3 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
5 years	₹2.0 Lakhs to ₹3.0 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Sales Officer Salaries in Mumbai

Cholamandalam Investment & Finance Sales Officer salary in Mumbai ranges between ₹2 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.