Cholamandalam Investment & Finance Senior Officer Finance Salaries by 4 Employees

3 - 6 years exp.

₹2 Lakhs - ₹3.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

54% less than the average Senior Officer Finance Salary in Financial Services Companies for 3 - 6 years of experience

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Last Updated: 10 Oct 2024

Companies similar to Cholamandalam Investment & Finance for Senior Officer Finance

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Senior Officer Finance Salary 1 - 9 years exp. (4 salaries)	₹1.8 L/yr - ₹3 L/yr 22% less
Citicorp Senior Officer Finance Salary 2 - 7 years exp. (3 salaries)	₹5.3 L/yr - ₹13 L/yr 178% more
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Wipro Senior Officer Finance Salary 2 - 8 years exp. (22 salaries)	₹2.4 L/yr - ₹4.5 L/yr 20% more
ITC Senior Officer Finance Salary 7 - 16 years exp. (21 salaries)	₹5.2 L/yr - ₹9.5 L/yr 143% more
Reckitt Benckiser Senior Officer Finance Salary 2 - 16 years exp. (19 salaries)	₹8.7 L/yr - ₹12 L/yr 254% more

Senior Officer Finance salary at Cholamandalam Investment & Finance ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Senior Officer Finance salaries

Last Updated: 10 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr

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Salary related reviews for Cholamandalam Investment & Finance

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.

Skill development - Good

+1 more

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.

Promotions - Poor

+3 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

Area Credit Manager in Jamshedpur

Full Time

Other Department

1.0

• posted on 17 Mar 2023

3.0

for Salary and Benefits

Likes

You might get good salary hike and bonus/incentive.

Dislikes

Toxic work culture. Higher level of politics. Frequent concall. Unorganised work flow. No training and development at all. No job security. Hire & Fire policy. HR role is limited to hiring only. Weekend and late night working. No work life balance.

Skill development - Bad

+5 more

Area Credit Manager in Ranchi

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 30 May 2022

4.0

for Salary and Benefits

Likes

You might get a decent salary hike.

Salary - Good

Dislikes

Credit people reporting to Sales. Multiple reporting. You feel always uncomfortable while day to day working. You may assign any work which is not a part of your KRA. Limited HR involvement in employee matters. Holiday working. Repeated concalls. Not a good place to work.

Skill development - Poor

+5 more

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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 Officer Finance Salary FAQs

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

The average salary of a Senior Officer Finance at Cholamandalam Investment & Finance in India typically ranges from ₹2.0 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Senior Officer Finance at Cholamandalam Investment & Finance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Senior Officer Finance 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 Officer Finance at Cholamandalam Investment & Finance in India?

The estimated take-home salary of a Senior Officer Finance at Cholamandalam Investment & Finance in India typically ranges from ₹22,000 to ₹23,484 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 3 years to 6 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 Officer Finance in India?

Reckitt Benckiser	₹8.7 Lakhs to ₹12.0 Lakhs per year
Citicorp	₹5.3 Lakhs to ₹13.0 Lakhs per year
ITC	₹5.2 Lakhs to ₹9.5 Lakhs per year
Wipro	₹2.4 Lakhs to ₹4.5 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 Officer Finance in companies similar to Cholamandalam Investment & Finance in India?

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

Bajaj Finserv

₹1.8 Lakhs to ₹3.0 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 Officer Finance at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
3 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
4 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
5 years	₹2.6 Lakhs to ₹3.4 Lakhs per year
6 years	₹2.3 Lakhs to ₹3.0 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Senior Officer Finance Salaries

Cholamandalam Investment & Finance Senior Officer Finance salary in India ranges between ₹2 Lakhs to ₹3.5 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 Officer Finance salaries in India

Companies similar to Cholamandalam Investment & Finance for Senior Officer Finance

Latest annual salaries shared by Cholamandalam Investment & Finance Senior Officer Finance

Experience wise Cholamandalam Investment & Finance Senior Officer Finance salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Salary related reviews for Cholamandalam Investment & Finance

Credit Operation Executive in Margherita

Area Credit Manager in Barwani

Credit Analyst in Jaipur

Area Credit Manager in Jamshedpur

Area Credit Manager in Ranchi

Cholamandalam Investment & Finance Senior Officer Finance Salary FAQs

Tell us how to improve this page.