Cholamandalam Investment & Finance State Collection Head Salaries by 5 Employees (Updated 2025)

16 - 19 years exp.

₹26 Lakhs - ₹38 Lakhs

Low Confidence

Salary of majority employees

Fixed (80%)

₹25 Lakhs

Variable (20%)

₹6.2 Lakhs

124% more than the average State Collection Head Salary in Financial Services Companies for 16 - 19 years of experience

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Last Updated: 4 Jan 2025

Companies similar to Cholamandalam Investment & Finance for State Collection Head

Company name	Avg Annual Salary	Open Jobs
HDFC Bank State Collection Head Salary 5 - 18 years exp. (4 salaries)	₹6 L/yr - ₹16.6 L/yr 67% less
Mahindra Finance State Collection Head Salary 14 - 15 years exp. (4 salaries)	₹8.9 L/yr - ₹12.5 L/yr 67% less
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Shriram Finance State Collection Head Salary 10 - 22 years exp. (3 salaries)	₹12 L/yr - ₹25.5 L/yr 44% less
Tata Capital State Collection Head Salary 10 - 19 years exp. (15 salaries)	₹9 L/yr - ₹21.4 L/yr 62% less
L&T Finance State Collection Head Salary 9 - 15 years exp. (3 salaries)	₹15 L/yr - ₹19.1 L/yr 43% less

State Collection Head salary at Cholamandalam Investment & Finance ranges between ₹26 Lakhs to ₹38 Lakhs per year for employees with experience between 16 years to 19 years. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance State Collection Head salaries

Last Updated: 4 Jan 2025

Experience	Avg Annual Salary
15+ years (5 salaries)	₹26 L/yr - ₹38 L/yr
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Salary related reviews for Cholamandalam Investment & Finance

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

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

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

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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 opportunity to swap my company. I am confused about what I do. Please advise?

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Cholamandalam Investment & Finance State Collection Head Salary FAQs

What is the salary of State Collection Head at Cholamandalam Investment & Finance?

State Collection Head salary at Cholamandalam Investment & Finance in India ranges between ₹26.0 Lakhs to ₹38.0 Lakhs for experience between 16 years to 19 years. According to our estimates it is 124% more than the average State Collection Head Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam Investment & Finance India.

How does the salary of a State Collection Head at Cholamandalam Investment & Finance India compare with the average salary range for this job?

The average salary of a State Collection Head at Cholamandalam Investment & Finance is 124% more than the average salary of a State Collection Head in India. To know exact salary insights, login to view.

What is the salary of a State Collection Head in companies similar to Cholamandalam Investment & Finance in India?

L&T Finance State Collection Head Salary - ₹15.0 Lakhs to ₹19.1 Lakhs per year
Shriram Finance State Collection Head Salary - ₹12.0 Lakhs to ₹25.5 Lakhs per year
Tata Capital State Collection Head Salary - ₹9.0 Lakhs to ₹21.4 Lakhs per year
Mahindra Finance State Collection Head Salary - ₹8.9 Lakhs to ₹12.5 Lakhs per year
HDFC Bank State Collection Head Salary - ₹6.0 Lakhs to ₹16.6 Lakhs per year

What is the estimated take home salary of a State Collection Head at Cholamandalam Investment & Finance in India?

The estimated take-home salary of a State Collection Head at Cholamandalam Investment & Finance ranges between ₹1,91,223 per month to ₹1,98,733 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance State Collection Head salary in India which ranges between ₹26.0 Lakhs to ₹38.0 Lakhs per year for employees with experience between 16 years to 19 years. Check how did we calculate take home salary?

What is the notice period for State Collection Head at Cholamandalam Investment & Finance?

According to AmbitionBox, 100% of the Cholamandalam Investment & Finance State Collection Heads reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance State Collection Head Salaries

Cholamandalam Investment & Finance State Collection Head salary in India ranges between ₹26 Lakhs to ₹38 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

Cholamandalam Investment & Finance State Collection Head salaries in India (Updated 2025)

Companies similar to Cholamandalam Investment & Finance for State Collection Head

Latest annual salaries shared by Cholamandalam Investment & Finance State Collection Head

Experience wise Cholamandalam Investment & Finance State Collection Head salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Salary related reviews for Cholamandalam Investment & Finance

Area Collection Manager in Udaipur (working remotely)

Credit Operation Executive in Margherita

Relationship Manager in Ranchi

Area Credit Manager in Barwani

Credit Analyst in Jaipur

Cholamandalam Investment & Finance State Collection Head Salary FAQs

Tell us how to improve this page.

Cholamandalam Investment & Finance State Collection Head Salaries by Location