Cholamandalam Investment & Finance Senior Area Collection Manager Salaries by 4 Employees (Updated 2025)

10 - 16 years exp.

₹8.6 Lakhs - ₹15.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

14% less than the average Senior Area Collection Manager Salary in Financial Services Companies for 10 - 16 years of experience

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Salaries in different departments

Finance & Accounting Senior Area Collection Manager Salary 10 - 16 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹15.5 L/yr
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Marketing & Communication Senior Area Collection Manager Salary 11 years exp. (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.1 L/yr

Last Updated: 12 Feb 2025

Companies similar to Cholamandalam Investment & Finance for Senior Area Collection Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Senior Area Collection Manager Salary 5 - 17 years exp. (167 salaries)	₹7.5 L/yr - ₹16.8 L/yr 14% more
Bajaj Finance Senior Area Collection Manager Salary 7 - 19 years exp. (122 salaries)	₹7.6 L/yr - ₹17.2 L/yr 26% more
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Jana Small Finance Bank Senior Area Collection Manager Salary 2 - 17 years exp. (14 salaries)	₹2.3 L/yr - ₹4.4 L/yr 62% less
Kotak Mahindra Prime Senior Area Collection Manager Salary 7 - 17 years exp. (5 salaries)	₹9.5 L/yr - ₹13.4 L/yr 17% more
HDB Financial Services Senior Area Collection Manager Salary 12 - 21 years exp. (5 salaries)	₹10 L/yr - ₹12 L/yr 4% more

Senior Area Collection Manager salary at Cholamandalam Investment & Finance ranges between ₹8.6 Lakhs to ₹15.5 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Senior Area Collection Manager salaries

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
11 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
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12 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
13 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.8 L/yr
14 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
15+ years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr

View all

Similar Designation salaries in Cholamandalam Investment & Finance

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Collection Officer Salary

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Salary related reviews for Cholamandalam Investment & Finance

3.0

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.

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

Area Collection Manager in Udaipur (working remotely)

Full Time

Finance & Accounting Department

3.0

• posted on 30 Jan 2025

4.0

for Salary and Benefits

Likes

Not much but salary comparison is little high than industry

Salary - Good

+1 more

Dislikes

It should improve employee welfare calture no weekly off no leave, if on leave have to attend con call . Worst culture of any time con call. Early morning 6 o clock late evening after 8 o clock con call No personal life, working on weekends and even on Sunday. Public holidays are in calendar only . No festival leave Lots of parameters which are useless . Penetration of separation is high. Apologise to write with personal experience

Work satisfaction - Poor

+2 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

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.

Salary - Excellent

+6 more

Dislikes

No issue to dislike

Collections Manager in Kurnool

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 12 Sep 2018

3.0

for Salary and Benefits

Likes

Good team work,good training,secured job, better growth, excellent salary growth, politics also high, good learning, good work environment, implementation New ideas,we can balance work and life

Job security - Good

+3 more

Dislikes

Management will not considered hord workers

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Cholamandalam Investment & Finance Senior Area Collection Manager Salary FAQs

What is the salary of Senior Area Collection Manager at Cholamandalam Investment & Finance ?

The average salary of a Senior Area Collection Manager at Cholamandalam Investment & Finance in India typically ranges from ₹8.6 Lakhs to ₹15.5 Lakhs per year, depending on experience (from 10 years to 16 years).

The top 10% of Senior Area Collection Manager at Cholamandalam Investment & Finance earn more than ₹15.5 Lakhs per year, and the top 1% earn over ₹15.5 Lakhs per year. Senior Area Collection 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 4 Cholamandalam Investment & Finance employees in India.

What is the estimated take home salary of a Senior Area Collection Manager at Cholamandalam Investment & Finance in India?

The estimated take-home salary of a Senior Area Collection Manager at Cholamandalam Investment & Finance in India typically ranges from ₹75,235 to ₹77,183 per month. This is based on the average salary range of ₹8.6 Lakhs to ₹15.5 Lakhs per year for employees with experience ranging from 10 years to 16 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.

Which companies offer higher salaries than Cholamandalam Investment & Finance for Senior Area Collection Manager in India?

Bajaj Finance	₹7.6 Lakhs to ₹17.2 Lakhs per year
Kotak Mahindra Prime	₹9.5 Lakhs to ₹13.4 Lakhs per year
Bajaj Finserv	₹7.5 Lakhs to ₹16.8 Lakhs per year
HDB Financial Services	₹10.0 Lakhs to ₹12.0 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 Senior Area Collection Manager in companies similar to Cholamandalam Investment & Finance in India?

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

Jana Small Finance Bank

₹2.3 Lakhs to ₹4.4 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 Senior Area Collection Manager at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
10 years	₹11.7 Lakhs to ₹15.0 Lakhs per year
11 years	₹10.9 Lakhs to ₹13.9 Lakhs per year
12 years	₹10.1 Lakhs to ₹12.9 Lakhs per year
13 years	₹9.2 Lakhs to ₹11.8 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Senior Area Collection Manager Salaries

Cholamandalam Investment & Finance Senior Area Collection Manager salary in India ranges between ₹8.6 Lakhs to ₹15.5 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.

Cholamandalam Investment & Finance Senior Area Collection Manager salaries in India (Updated 2025)

Companies similar to Cholamandalam Investment & Finance for Senior Area Collection Manager

Latest annual salaries shared by Cholamandalam Investment & Finance Senior Area Collection Manager

Experience wise Cholamandalam Investment & Finance Senior Area Collection Manager salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Salary related reviews for Cholamandalam Investment & Finance

Team Lead in Kolkata

Area Collection Manager in Udaipur (working remotely)

Relationship Manager in Ranchi

Collections Manager in Bhadrak

Collections Manager in Kurnool

Cholamandalam Investment & Finance Senior Area Collection Manager Salary FAQs

Tell us how to improve this page.

Cholamandalam Investment & Finance Senior Area Collection Manager Salaries by Location