Cholamandalam Investment & Finance Senior Credit Associate Salaries by 4 Employees (Updated 2024)

6 - 8 years exp.

₹2.2 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

58% less than the average Senior Credit Associate Salary in Financial Services Companies for 6 - 8 years of experience

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Salaries in different departments

Finance & Accounting Senior Credit Associate Salary 6 - 8 years exp. (3 salaries)	₹2.2 L/yr - ₹5.5 L/yr
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Customer Success, Service & Operations Senior Credit Associate Salary 7 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 15 Dec 2024

Companies similar to Cholamandalam Investment & Finance for Senior Credit Associate

Company name	Avg Annual Salary	Open Jobs
Hero FinCorp Senior Credit Associate Salary 6 - 14 years exp. (5 salaries)	₹12.5 L/yr - ₹12.8 L/yr 275% more
Acuity Knowledge Partners Senior Credit Associate Salary 3 - 5 years exp. (5 salaries)	₹9 L/yr - ₹9.1 L/yr 168% more
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ICICI Bank Senior Credit Associate Salary 1 - 6 years exp. (4 salaries)	₹3.3 L/yr - ₹3.5 L/yr At par
I Process Services Senior Credit Associate Salary 2 - 5 years exp. (4 salaries)	₹2 L/yr - ₹2.3 L/yr 35% less
Oaknorth Bank Senior Credit Associate Salary 5 - 7 years exp. (4 salaries)	₹20 L/yr - ₹30 L/yr 618% more

Senior Credit Associate salary at Cholamandalam Investment & Finance ranges between ₹2.2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Senior Credit Associate salaries

Last Updated: 15 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.8 L/yr
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8 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.2 L/yr

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Salary related reviews for Cholamandalam Investment & Finance

5.0

Rated by 2 employees for salary & benefits

Senior Credit Associate in Nanded

Full Time

Risk Management & Compliance Department

5.0

• posted on 03 Sep 2023

5.0

for Salary and Benefits

Likes

I worked nearly for 7yrs,I am very happy to be a part of it.Good development,opportunities to learn,and salary is Satisfying,you will get what you deserve there

Dislikes

Nothing,but they should consider the old employees requests who want to rejoin,they can be the assets for the company

Branch Credit Manager in Bangalore / Bengaluru

Full Time

Other Department

3.0

• posted on 03 Nov 2023

3.0

for Salary and Benefits

Likes

1. Ontime salary 2. Learning opportunities along with skill development 3. Promotion to the deserving candidates

Dislikes

1. The work schedule lacks specificity 2. Work life balance is a big concern 3. Even have to work on Sundays if it's a month end 4. Huge pressure for all verticals

Credit Analyst in Jaipur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 15 Aug 2023

3.0

for Salary and Benefits

Likes

Good company as compare to other NBC Salary is not as level No work life balance You have to work for 24 hr Join office early at 9 am leave office after 8 pm After that they will call you at home to work from home after 8pm Very bad working culture specially if you are working in unsecured loan department that is CSEL DEPARTMENT

Dislikes

Please don't join in CSEL in cholamandalam investment and finance company

Credit Operation Executive in Margherita

Full Time

Finance & Accounting Department

3.0

• posted on 06 Nov 2024

3.0

for Salary and Benefits

Likes

Salary get credited on time. Moreover, the increment process is done by one's yearly performance.

Dislikes

No time for home, we have to have to work like cow. We come to office at 9:00 am and no time to return home. Abusing words by seniors. Even if we take leave we are being called and asked to do complete the task. Lots of uneducated/unskilled person getting a big sum of money.

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.

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a technical project manager

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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 Senior Credit Associate Salary FAQs

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

Senior Credit Associate salary at Cholamandalam Investment & Finance in India ranges between ₹2.2 Lakhs to ₹5.5 Lakhs for experience between 6 years to 8 years. According to our estimates it is 58% less than the average Senior Credit Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Investment & Finance India.

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

The average salary of a Senior Credit Associate at Cholamandalam Investment & Finance is 58% less than the average salary of a Senior Credit Associate in India. To know exact salary insights, login to view.

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

Oaknorth Bank Senior Credit Associate Salary - ₹20.0 Lakhs to ₹30.0 Lakhs per year
Hero FinCorp Senior Credit Associate Salary - ₹12.5 Lakhs to ₹12.8 Lakhs per year
Acuity Knowledge Partners Senior Credit Associate Salary - ₹9.0 Lakhs to ₹9.1 Lakhs per year
ICICI Bank Senior Credit Associate Salary - ₹3.3 Lakhs to ₹3.5 Lakhs per year

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

I Process Services Senior Credit Associate Salary - ₹2.0 Lakhs to ₹2.3 Lakhs per year

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

The estimated take-home salary of a Senior Credit Associate at Cholamandalam Investment & Finance ranges between ₹24,466 per month to ₹25,913 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Senior Credit Associate salary in India which ranges between ₹2.2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 6 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 80% of the Cholamandalam Investment & Finance Senior Credit Associates reported a notice period of 1 Month, 20% reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Senior Credit Associate Salaries

Cholamandalam Investment & Finance Senior Credit Associate salary in India ranges between ₹2.2 Lakhs to ₹5.5 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 Credit Associate salaries in India

Companies similar to Cholamandalam Investment & Finance for Senior Credit Associate

Latest annual salaries shared by Cholamandalam Investment & Finance Senior Credit Associate

Experience wise Cholamandalam Investment & Finance Senior Credit Associate salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Salary related reviews for Cholamandalam Investment & Finance

Senior Credit Associate in Nanded

Branch Credit Manager in Bangalore / Bengaluru

Credit Analyst in Jaipur

Credit Operation Executive in Margherita

Relationship Manager in Ranchi

Cholamandalam Investment & Finance Senior Credit Associate Salary FAQs

Tell us how to improve this page.