Cholamandalam Investment & Finance Senior Manager Credit Salaries by 10+ Employees (Updated 2024)

6 - 12 years exp.

₹6.5 Lakhs - ₹10 Lakhs

Salary of majority employees

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)	₹8 L/yr - ₹10 L/yr
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Finance & Accounting Senior Manager Credit Salary 6 - 9 years exp. (4 salaries)	₹6.5 L/yr - ₹10 L/yr

Last Updated: 28 Nov 2024

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)	₹5 L/yr - ₹12.5 L/yr 16% more
HDFC Bank Senior Manager Credit Salary 4 - 12 years exp. (309 salaries)	₹6 L/yr - ₹21 L/yr 71% more	1 job opening
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Mahindra Finance Senior Manager Credit Salary 0 - 7 years exp. (4 salaries)	₹11 L/yr - ₹16.8 L/yr 68% more
Shriram Finance Senior Manager Credit Salary 5 - 9 years exp. (4 salaries)	₹6.5 L/yr - ₹10.2 L/yr 7% more
Tata Capital Senior Manager Credit Salary 4 - 9 years exp. (17 salaries)	₹8.3 L/yr - ₹23.9 L/yr 64% more
L&T Finance Senior Manager Credit Salary 5 - 10 years exp. (14 salaries)	₹8 L/yr - ₹23.4 L/yr 64% more
Aditya Birla Capital Senior Manager Credit Salary 2 - 6 years exp. (6 salaries)	₹9.9 L/yr - ₹16.7 L/yr 65% more
Muthoot Finance Senior Manager Credit Salary 4 - 11 years exp. (4 salaries)	₹5 L/yr - ₹12.7 L/yr 4% less
Edelweiss Senior Manager Credit Salary 7 - 13 years exp. (5 salaries)	₹13.2 L/yr - ₹14.2 L/yr 69% more
American Express Senior Manager Credit Salary 0 - 11 years exp. (5 salaries)	₹16.6 L/yr - ₹35 L/yr 197% more
HDFC Sales Senior Manager Credit Salary 10 - 14 years exp. (3 salaries)	₹6 L/yr - ₹12.5 L/yr 10% more
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Senior Manager Credit salary at Cholamandalam Investment & Finance ranges between ₹6.5 Lakhs to ₹10 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.

Experience wise Cholamandalam Investment & Finance Senior Manager Credit salaries

Last Updated: 28 Nov 2024

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

View all

Similar Designation salaries in Cholamandalam Investment & Finance

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Credit Underwriter Salary

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Credit Analyst Salary

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₹4.8 L/yr - ₹18.6 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.

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.

Dislikes

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

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

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

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

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 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 ₹10.0 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 - ₹16.6 Lakhs to ₹35.0 Lakhs per year
HDFC Bank Senior Manager Credit Salary - ₹6.0 Lakhs to ₹21.0 Lakhs per year
Edelweiss Senior Manager Credit Salary - ₹13.2 Lakhs to ₹14.2 Lakhs per year
Mahindra Finance Senior Manager Credit Salary - ₹11.0 Lakhs to ₹16.8 Lakhs per year
Aditya Birla Capital Senior Manager Credit Salary - ₹9.9 Lakhs to ₹16.7 Lakhs per year

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

L&T Finance Senior Manager Credit Salary - ₹8.0 Lakhs to ₹23.4 Lakhs per year
Tata Capital Senior Manager Credit Salary - ₹8.3 Lakhs to ₹23.9 Lakhs per year
Bajaj Finance Senior Manager Credit Salary - ₹5.0 Lakhs to ₹12.5 Lakhs per year
HDFC Sales Senior Manager Credit Salary - ₹6.0 Lakhs to ₹12.5 Lakhs per year
Shriram Finance Senior Manager Credit Salary - ₹6.5 Lakhs to ₹10.2 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 ₹59,998 per month to ₹61,515 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 ₹10.0 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, 71% of the Cholamandalam Investment & Finance Senior Manager Credits reported a notice period of 3 Months, 15% 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 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

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

Branch Credit Manager in Bangalore / Bengaluru

Credit Analyst in Jaipur

Officer in Mysuru / Mysore

Cholamandalam Investment & Finance Senior Manager Credit Salary FAQs

Tell us how to improve this page.

Cholamandalam Investment & Finance Senior Manager Credit Salaries by Location