Cholamandalam Investment & Finance Senior Manager Credit Salaries by 10+ Employees (Updated 2025)

6 - 12 years exp.

₹6.5 Lakhs - ₹10.5 Lakhs

Salary of majority employees

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40% less than the average Senior Manager Credit Salary in Financial Services Companies for 6 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Credit Salary 6 - 12 years exp. (13 salaries)	Unlock ₹8 L/yr - ₹10.5 L/yr
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Finance & Accounting Senior Manager Credit Salary 6 - 9 years exp. (4 salaries)	Unlock ₹6.5 L/yr - ₹10 L/yr

Last Updated: 10 Jan 2025

Companies similar to Cholamandalam Investment & Finance for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Senior Manager Credit Salary 3 - 6 years exp. (5 salaries)	Unlock ₹5 L/yr - ₹12.5 L/yr 17% more
HDFC Bank Senior Manager Credit Salary 4 - 12 years exp. (326 salaries)	Unlock ₹7.8 L/yr - ₹21 L/yr 70% more	1 job opening
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Mahindra Finance Senior Manager Credit Salary 4 - 7 years exp. (3 salaries)	Unlock ₹12 L/yr - ₹16.8 L/yr 85% more
Shriram Finance Senior Manager Credit Salary 5 - 9 years exp. (3 salaries)	Unlock ₹6.5 L/yr - ₹10 L/yr 15% more
Tata Capital Senior Manager Credit Salary 4 - 10 years exp. (17 salaries)	Unlock ₹8.3 L/yr - ₹21.8 L/yr 56% more
L&T Finance Senior Manager Credit Salary 5 - 10 years exp. (17 salaries)	Unlock ₹8 L/yr - ₹24.3 L/yr 72% more
Aditya Birla Capital Senior Manager Credit Salary 2 - 6 years exp. (6 salaries)	Unlock ₹9.9 L/yr - ₹16.7 L/yr 66% more
Muthoot Finance Senior Manager Credit Salary 4 - 11 years exp. (4 salaries)	Unlock ₹5 L/yr - ₹12.7 L/yr 3% less
Edelweiss Senior Manager Credit Salary 7 - 8 years exp. (3 salaries)	Unlock ₹14 L/yr - ₹15 L/yr 77% more
Bajaj Finserv Senior Manager Credit Salary 4 - 7 years exp. (7 salaries)	Unlock ₹5 L/yr - ₹10 L/yr At par
American Express Senior Manager Credit Salary 6 - 11 years exp. (4 salaries)	Unlock ₹26 L/yr - ₹35 L/yr 264% more
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HDFC Sales Senior Manager Credit Salary 10 - 14 years exp. (3 salaries)	Unlock ₹6 L/yr - ₹12.5 L/yr 11% more
Citicorp Senior Manager Credit Salary 6 - 13 years exp. (3 salaries)	Unlock ₹12 L/yr - ₹20.1 L/yr 105% more
IDFC FIRST Bharat Senior Manager Credit Salary 7 - 12 years exp. (3 salaries)	Unlock ₹8.4 L/yr - ₹9.8 L/yr 13% more

Senior Manager Credit salary at Cholamandalam Investment & Finance ranges between ₹6.5 Lakhs to ₹10.5 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 17 latest salaries received from various employees of Cholamandalam Investment & Finance.

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

3w ago

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12 years exp.

3w ago

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12 years exp.

3w ago

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12 years exp.

2mo ago

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9 years exp.

5mo ago

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12 years exp.

5mo ago

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7 years exp.

5mo ago

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8 years exp.

8mo ago

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6 years exp.

8mo ago

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11 years exp.

10mo ago

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11 years exp.

Experience wise Cholamandalam Investment & Finance Senior Manager Credit salaries

Last Updated: 10 Jan 2025

Experience	Avg Annual Salary
6 years (3 salaries)	Unlock ₹6.5 L/yr - ₹8.2 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹6.5 L/yr - ₹8.2 L/yr
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8 years (AmbitionBox Estimate)	Unlock ₹3.2 L/yr - ₹9.8 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹3.2 L/yr - ₹10 L/yr
10 years (3 salaries)	Unlock ₹3.3 L/yr - ₹10 L/yr
11 years (3 salaries)	Unlock ₹3.3 L/yr - ₹9.5 L/yr
12 years (4 salaries)	Unlock ₹3.3 L/yr - ₹10.5 L/yr

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(AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr

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₹1.5 L/yr - ₹4 L/yr

Senior Credit Officer Salary

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₹2.8 L/yr - ₹4.5 L/yr

Credit Underwriter Salary

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₹3.45 L/yr - ₹4.1 L/yr

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₹6.05 L/yr - ₹20 L/yr

Salary related reviews for Cholamandalam Investment & Finance

3.3

Rated by 3 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

Area Credit Manager in Barwani

Full Time

Finance & Accounting Department

4.0

• posted on 01 Sep 2024

5.0

for Salary and Benefits

Likes

Friendly nature with seniors and employes .Good salary benifits and incentive structure. Skill development and time to time learning module.

Salary - Excellent

+5 more

Dislikes

Office work timing not fixed. We have not sufficient time for family

Work-life balance - Poor

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

Skill development - Poor

+2 more

Officer in Mysuru / Mysore

Full Time

Finance & Accounting Department

5.0

• posted on 21 Dec 2023

2.0

for Salary and Benefits

Likes

I am always like chola

Skill development - Excellent

+2 more

Dislikes

... to give promotion to the employees who have worked for many years in our Chola. Again, he failed to increase the salary. Some managers use bad words.

Salary - Poor

+3 more

Officer in Mp3

Full Time

Other Department

2.0

• posted on 18 Feb 2024

2.0

for Salary and Benefits

Likes

... any executive to move any other company. Also not give promotion to executive. Only they increase salary by 500-1300 yearly only after they get to know, you think yo switch other company.

Dislikes

Same as above. Not recommended if you are futuristic and need growth in career.

Salary - Poor

+4 more

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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 Senior Manager Credit Salary FAQs

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

Senior Manager Credit salary at Cholamandalam Investment & Finance in India ranges between ₹6.5 Lakhs to ₹10.5 Lakhs for experience between 6 years to 12 years. According to our estimates it is 40% less than the average Senior Manager Credit Salary in India. Salary estimates are based on 17 latest salaries received from various employees of Cholamandalam Investment & Finance India.

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

The average salary of a Senior Manager Credit at Cholamandalam Investment & Finance is 40% less than the average salary of a Senior Manager Credit in India. To know exact salary insights, login to view.

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

American Express Senior Manager Credit Salary - ₹26.0 Lakhs to ₹35.0 Lakhs per year
Citicorp Senior Manager Credit Salary - ₹12.0 Lakhs to ₹20.1 Lakhs per year
Mahindra Finance Senior Manager Credit Salary - ₹12.0 Lakhs to ₹16.8 Lakhs per year
Edelweiss Senior Manager Credit Salary - ₹14.0 Lakhs to ₹15.0 Lakhs per year
L&T Finance Senior Manager Credit Salary - ₹8.0 Lakhs to ₹24.3 Lakhs per year

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

HDFC Bank Senior Manager Credit Salary - ₹7.8 Lakhs to ₹21.0 Lakhs per year
Aditya Birla Capital Senior Manager Credit Salary - ₹9.9 Lakhs to ₹16.7 Lakhs per year
Tata Capital Senior Manager Credit Salary - ₹8.3 Lakhs to ₹21.8 Lakhs per year
Bajaj Finance Senior Manager Credit Salary - ₹5.0 Lakhs to ₹12.5 Lakhs per year
Shriram Finance Senior Manager Credit Salary - ₹6.5 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager Credit at Cholamandalam Investment & Finance ranges between ₹59,512 per month to ₹61,015 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Senior Manager Credit salary in India which ranges between ₹6.5 Lakhs to ₹10.5 Lakhs per year for employees with experience between 6 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the Cholamandalam Investment & Finance Senior Manager Credits reported a notice period of 3 Months, 19% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 21 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Senior Manager Credit Salaries

Cholamandalam Investment & Finance Senior Manager Credit salary in India ranges between ₹6.5 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

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

Companies similar to Cholamandalam Investment & Finance for Senior Manager Credit

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

Experience wise Cholamandalam Investment & Finance Senior Manager Credit salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Salary related reviews for Cholamandalam Investment & Finance

Relationship Manager in Ranchi

Area Credit Manager in Barwani

Credit Analyst in Jaipur

Officer in Mysuru / Mysore

Officer in Mp3

Cholamandalam Investment & Finance Senior Manager Credit Salary FAQs

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