Cholamandalam Investment & Finance Software Testing Engineer Salaries by 4 Employees

2 - 6 years exp.

₹2 Lakhs - ₹3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

66% less than the average Software Testing Engineer Salary in Financial Services Companies for 2 - 6 years of experience

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Last Updated: 29 Jun 2021

Companies similar to Cholamandalam Investment & Finance for Software Testing Engineer

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Software Testing Engineer Salary 3 - 8 years exp. (10 salaries)	₹5.5 L/yr - ₹16.3 L/yr 449% more
Aon Software Testing Engineer Salary 2 - 4 years exp. (6 salaries)	₹3.5 L/yr - ₹5.1 L/yr 77% more
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FactSet Software Testing Engineer Salary 2 - 6 years exp. (6 salaries)	₹3.7 L/yr - ₹6.5 L/yr 96% more
Fidelity Investments Software Testing Engineer Salary 2 - 7 years exp. (6 salaries)	₹11.5 L/yr - ₹15.5 L/yr 451% more
BNY Software Testing Engineer Salary 0 - 4 years exp. (4 salaries)	₹2 L/yr - ₹7 L/yr 77% more
Aditya Birla Capital Software Testing Engineer Salary 0 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹4.4 L/yr 20% more
UBS Software Testing Engineer Salary 0 - 12 years exp. (4 salaries)	₹4 L/yr - ₹20 L/yr 542% more
Wells Fargo Software Testing Engineer Salary 0 - 8 years exp. (4 salaries)	₹4 L/yr - ₹9.4 L/yr 192% more
Citicorp Software Testing Engineer Salary 5 - 9 years exp. (4 salaries)	₹16 L/yr - ₹21.6 L/yr 712% more
HSBC Group Software Testing Engineer Salary 2 - 8 years exp. (4 salaries)	₹3.4 L/yr - ₹9.2 L/yr 196% more
Bajaj Finserv Software Testing Engineer Salary 0 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹3.2 L/yr 14% more
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Software Testing Engineer salary at Cholamandalam Investment & Finance ranges between ₹2 Lakhs to ₹3 Lakhs per year for employees with experience between 2 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 Software Testing Engineer salaries

Last Updated: 29 Jun 2021

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Cholamandalam Investment & Finance

Manual Tester Salary

(7 salaries)

₹2.5 L/yr - ₹3.5 L/yr

Test Engineer Salary

(6 salaries)

₹2.05 L/yr - ₹6.25 L/yr

Manual Test Engineer Salary

(4 salaries)

₹2.4 L/yr - ₹5.5 L/yr

QA Engineer Salary

(4 salaries)

₹4.4 L/yr - ₹5.8 L/yr

QA Tester Salary

(3 salaries)

₹3.5 L/yr - ₹4.8 L/yr

Software Testing Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Application Tester Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Lead Test Analyst Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

Quality Lead Salary

(AmbitionBox Estimate)

₹5.1 L/yr - ₹6.6 L/yr

Test Lead Salary

(AmbitionBox Estimate)

₹8.2 L/yr - ₹10.5 L/yr

Salary related reviews for Cholamandalam Investment & Finance

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

Regional Legal Manager in Mumbai

Full Time

Legal & Regulatory Department

4.0

• posted on 04 Jan 2025

5.0

for Salary and Benefits

Likes

Company compensation is good and appraisal are excellent. You get freedom to do whatever you want to until you are justifying the companies interest.

Salary - Excellent

+4 more

Dislikes

Just some people don't know how to collaborate with people, they are just interested in playing dirty politics to show Management how better are they from other people. Senior people get easily influenced by others and make their opinion about sincere peoples.

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

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

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Cholamandalam Investment & Finance Software Testing Engineer Salary FAQs

What is the salary of Software Testing Engineer at Cholamandalam Investment & Finance ?

The average salary of a Software Testing Engineer at Cholamandalam Investment & Finance in India typically ranges from ₹2.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Software Testing Engineer at Cholamandalam Investment & Finance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Software Testing Engineer 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 Software Testing Engineer at Cholamandalam Investment & Finance in India?

The estimated take-home salary of a Software Testing Engineer at Cholamandalam Investment & Finance in India typically ranges from ₹16,496 to ₹18,193 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 2 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 Software Testing Engineer in India?

Citicorp	₹16.0 Lakhs to ₹21.6 Lakhs per year
UBS	₹4.0 Lakhs to ₹20.0 Lakhs per year
Fidelity Investments	₹11.5 Lakhs to ₹15.5 Lakhs per year
JPMorgan Chase & Co.	₹5.5 Lakhs to ₹16.3 Lakhs per year
HSBC Group	₹3.4 Lakhs to ₹9.2 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 Software Testing Engineer in companies similar to Cholamandalam Investment & Finance in India?

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

Wells Fargo	₹4.0 Lakhs to ₹9.4 Lakhs per year
FactSet	₹3.7 Lakhs to ₹6.5 Lakhs per year
Aon	₹3.5 Lakhs to ₹5.1 Lakhs per year
BNY	₹2.0 Lakhs to ₹7.0 Lakhs per year
Aditya Birla Capital	₹1.5 Lakhs to ₹4.4 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 Software Testing Engineer at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
2 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
3 years	₹2.0 Lakhs to ₹2.6 Lakhs per year
6 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Software Testing Engineer Salaries

Cholamandalam Investment & Finance Software Testing Engineer salary in India ranges between ₹2 Lakhs to ₹3 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 Software Testing Engineer salaries in India

Companies similar to Cholamandalam Investment & Finance for Software Testing Engineer

Experience wise Cholamandalam Investment & Finance Software Testing Engineer salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Salary related reviews for Cholamandalam Investment & Finance

Team Lead in Kolkata

Area Collection Manager in Udaipur (working remotely)

Regional Legal Manager in Mumbai

Credit Operation Executive in Margherita

Relationship Manager in Ranchi

Cholamandalam Investment & Finance Software Testing Engineer Salary FAQs

Tell us how to improve this page.