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

8 - 17 years exp.

₹12 Lakhs - ₹20.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

9% less than the average Senior Manager-HR Salary in Financial Services Companies for 8 - 17 years of experience

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Last Updated: 14 Mar 2025

Companies similar to Cholamandalam Investment & Finance for Senior Manager-HR

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Senior Manager-HR Salary 8 - 13 years exp. (7 salaries)	₹18.3 L/yr - ₹38 L/yr 45% more
Aon Senior Manager-HR Salary 10 - 12 years exp. (6 salaries)	₹10 L/yr - ₹29 L/yr 6% less
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Aditya Birla Capital Senior Manager-HR Salary 4 - 10 years exp. (6 salaries)	₹10.3 L/yr - ₹13.1 L/yr 30% less
RBL FinServe Senior Manager-HR Salary 10 - 17 years exp. (6 salaries)	₹8.5 L/yr - ₹14.1 L/yr 37% less
Muthoot Pappachan Group Senior Manager-HR Salary 7 - 9 years exp. (5 salaries)	₹7.3 L/yr - ₹7.4 L/yr 57% less
Marsh McLennan Senior Manager-HR Salary 10 - 13 years exp. (4 salaries)	₹16 L/yr - ₹37 L/yr 46% more
American Express Senior Manager-HR Salary 15 - 18 years exp. (4 salaries)	₹30 L/yr - ₹35 L/yr 90% more
Karvy DigiKonnect Senior Manager-HR Salary 3 - 16 years exp. (4 salaries)	₹8 L/yr - ₹13.5 L/yr 37% less
Citicorp Senior Manager-HR Salary 5 - 16 years exp. (4 salaries)	₹17.5 L/yr - ₹23 L/yr 19% more
HDFC Sales Senior Manager-HR Salary 8 - 11 years exp. (3 salaries)	₹28.8 L/yr - ₹36.8 L/yr 87% more
State Street Corporation Senior Manager-HR Salary 8 - 17 years exp. (3 salaries)	₹23.3 L/yr - ₹35 L/yr 66% more
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The Muthoot Group Senior Manager-HR Salary 13 - 18 years exp. (3 salaries)	₹7 L/yr - ₹20.2 L/yr 8% less
Shriram Group Senior Manager-HR Salary 13 - 14 years exp. (3 salaries)	₹9 L/yr - ₹9.5 L/yr 45% less

Senior Manager-HR salary at Cholamandalam Investment & Finance ranges between ₹12 Lakhs to ₹20.5 Lakhs per year for employees with experience between 8 years to 17 years. Salary estimates are based on 11 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Senior Manager-HR salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹12 L/yr - ₹17.7 L/yr
9 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹17.7 L/yr
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10 years (AmbitionBox Estimate)	₹16 L/yr - ₹20.5 L/yr
11 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹20 L/yr
12 years (AmbitionBox Estimate)	₹15.4 L/yr - ₹19.6 L/yr
13 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹18.5 L/yr
14 years (3 salaries)	₹16 L/yr - ₹20 L/yr
15+ years (AmbitionBox Estimate)	₹7 L/yr - ₹18 L/yr

View all

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HR Generalist Salary

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Deputy Officer - HR Salary

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Salary related reviews for Cholamandalam Investment & Finance

3.0

Rated by 1 employees for salary & benefits

HR Executive in Jodhpur

Full Time

Human Resources Department

5.0

• posted on 04 Feb 2022

3.0

for Salary and Benefits

Likes

The work life balance is superb and the North HR team is highly supportive and the best team to work with. You will get a lot to learn and also will be given ample of opportunities to prove your skills and capabilities.

Skill development - Good

+5 more

Dislikes

For freshers compensation is very low and also infrastructure is not as good as of IT companies.

Senior HR Associate in Chennai

Full Time

Human Resources Department

3.0

• posted on 28 Jul 2020

3.0

for Salary and Benefits

Likes

Company is very much standard, sterdy company.company didn't cut the salary in this pandemic situation.

Job security - Good

+1 more

Dislikes

Should give enough promotion and salary for lower level associates, they are the frontline workers and they are working for so long.

Skill development - Poor

HR Manager in Calicut/Kozhikode

Full Time

Human Resources Department

4.0

• posted on 17 Oct 2023

5.0

for Salary and Benefits

Likes

Best place with employee benefits. Best pay, incentives and additional incentives, medical covers, company car, shares, etc. Best place for financial growth.

Salary - Excellent

+2 more

Dislikes

Work Culture needs to improve for business team. The team is working on it and looking forward for a better culture in few years.

Company culture - Poor

+1 more

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

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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 Senior Manager-HR Salary FAQs

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

The average salary of a Senior Manager-HR at Cholamandalam Investment & Finance in India typically ranges from ₹12.0 Lakhs to ₹20.5 Lakhs per year, depending on experience (from 8 years to 17 years).

The top 10% of Senior Manager-HR at Cholamandalam Investment & Finance earn more than ₹20.2 Lakhs per year, and the top 1% earn over ₹20.5 Lakhs per year. Senior Manager-HR 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 10+ Cholamandalam Investment & Finance employees in India.

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

The estimated take-home salary of a Senior Manager-HR at Cholamandalam Investment & Finance in India typically ranges from ₹1,15,948 to ₹1,19,184 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹20.5 Lakhs per year for employees with experience ranging from 8 years to 17 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 10+ 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 Manager-HR in India?

American Express	₹30.0 Lakhs to ₹35.0 Lakhs per year
HDFC Sales	₹28.8 Lakhs to ₹36.8 Lakhs per year
State Street Corporation	₹23.3 Lakhs to ₹35.0 Lakhs per year
Marsh McLennan	₹16.0 Lakhs to ₹37.0 Lakhs per year
Bajaj Finserv	₹18.3 Lakhs to ₹38.0 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 Manager-HR in companies similar to Cholamandalam Investment & Finance in India?

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

Citicorp	₹17.5 Lakhs to ₹23.0 Lakhs per year
Aon	₹10.0 Lakhs to ₹29.0 Lakhs per year
The Muthoot Group	₹7.0 Lakhs to ₹20.2 Lakhs per year
Aditya Birla Capital	₹10.3 Lakhs to ₹13.1 Lakhs per year
RBL FinServe	₹8.5 Lakhs to ₹14.1 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 Manager-HR at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
8 years	₹12.0 Lakhs to ₹17.7 Lakhs per year
9 years	₹6.7 Lakhs to ₹17.7 Lakhs per year
10 years	₹16.0 Lakhs to ₹20.5 Lakhs per year
11 years	₹6.8 Lakhs to ₹20.0 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Senior Manager-HR Salaries

Cholamandalam Investment & Finance Senior Manager-HR salary in India ranges between ₹12 Lakhs to ₹20.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.