Cholamandalam Investment & Finance State Head Salaries by 7 Employees (Updated 2025)

11 - 18 years exp.

₹13 Lakhs - ₹25 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

37% more than the average State Head Salary in Financial Services Companies for 11 - 18 years of experience

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Salaries in different departments

Sales & Business Development State Head Salary 11 - 18 years exp. (4 salaries)	₹13 L/yr - ₹25 L/yr
BFSI, Investments & Trading State Head Salary 11 - 14 years exp. (AmbitionBox Estimate)	₹21 L/yr - ₹21.9 L/yr
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Finance & Accounting State Head Salary 16 years exp. (AmbitionBox Estimate)	₹22 L/yr - ₹24 L/yr

Last Updated: 14 Jan 2025

Companies similar to Cholamandalam Investment & Finance for State Head

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bharat State Head Salary 8 - 18 years exp. (7 salaries)	₹9 L/yr - ₹17.3 L/yr 40% less
RBL FinServe State Head Salary 10 - 15 years exp. (6 salaries)	₹6 L/yr - ₹12.3 L/yr 51% less
Login to view exact salary
Bajaj Finserv State Head Salary 7 - 14 years exp. (5 salaries)	₹11.5 L/yr - ₹19 L/yr 32% less
M Power Micro Finance State Head Salary 9 - 11 years exp. (4 salaries)	₹7 L/yr - ₹10.5 L/yr 58% less
Aditya Birla Capital State Head Salary 9 - 12 years exp. (4 salaries)	₹6 L/yr - ₹19 L/yr 46% less
Citicorp State Head Salary 15 - 18 years exp. (4 salaries)	₹15 L/yr - ₹22 L/yr 8% less
The Muthoot Group State Head Salary 4 - 13 years exp. (4 salaries)	₹4.5 L/yr - ₹10 L/yr 66% less
Shriram Group State Head Salary 10 - 18 years exp. (4 salaries)	₹12 L/yr - ₹27 L/yr 20% less
Motilal Oswal Financial Services State Head Salary 11 - 16 years exp. (3 salaries)	₹7.2 L/yr - ₹22 L/yr 28% less

State Head salary at Cholamandalam Investment & Finance ranges between ₹13 Lakhs to ₹25 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance State Head salaries

Last Updated: 14 Jan 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹13 L/yr - ₹38.9 L/yr
12 years (AmbitionBox Estimate)	₹19.5 L/yr - ₹24.9 L/yr
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13 years (AmbitionBox Estimate)	₹19.6 L/yr - ₹25 L/yr
14 years (AmbitionBox Estimate)	₹15 L/yr - ₹39.3 L/yr
15+ years (3 salaries)	₹8.8 L/yr - ₹25 L/yr

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Top skills at Cholamandalam Investment & Finance for State Head

Salesforce Auto Loans Auto Finance Two Wheeler Loan Vehicle Finance Dealer Management System

Salary related reviews for Cholamandalam Investment & Finance

4.3

Rated by 3 employees for salary & benefits

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

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

Senior Sales Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Mar 2024

1.0

for Salary and Benefits

Likes

Only I like in this company is timely incentive and salary .

Dislikes

Work environment worst , full pressure to sell other products if your background is from loan and they will pressurise you to do collection and sell motor insurance, concall from higher level is very terrible 5-6 con call in a day , bosses doesn't support junior level employees always pressurise them no job time they will tell you should work from 9 am in the morning and no time till night . Very bad company.

Salary - Bad

+6 more

Area Sales Manager in Patna

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Jul 2023

3.0

for Salary and Benefits

Likes

Not Very Good But Satisfactory Salary Compensation

Dislikes

No holidays, You have to work all 7 days a week but as per HR attendance system they mark your attendance 5 days rest 2 days (Saturday & Sunday) are weekly off. Working hours starts early morning from 6 am and there is no fixed time to return back to home. Apart from these if you are in recovery department and if your targets were getting short then you will be forced by seniors to get it achieved through you salary.like this there are many more things which are wrong in this organisation specially in Bihar & Jharkhand.

Skill development - Bad

+4 more

Area Sales Manager in Patna

Full Time

Finance & Accounting Department

2.0

• posted on 06 Sep 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Salary - Good

Dislikes

Working 7 days a week No holiday Self funding for reducing NPA Senior talking in abusing language Down the line they treat as slave and people working here for Pvt Gift volunteer and incentive

Skill development - Bad

+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 State Head Salary FAQs

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

The average salary of a State Head at Cholamandalam Investment & Finance in India typically ranges from ₹13.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 11 years to 18 years).

The top 10% of State Head at Cholamandalam Investment & Finance earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. State Head 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 7 Cholamandalam Investment & Finance employees in India.

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

The estimated take-home salary of a State Head at Cholamandalam Investment & Finance in India typically ranges from ₹1,41,426 to ₹1,46,684 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 11 years to 18 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 7 salaries received from various employees of Cholamandalam Investment & Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a State Head at Cholamandalam Investment & Finance ?

To be a State Head at Cholamandalam Investment & Finance in india, the key skills required include:

- Salesforce
- Auto Loans
- Auto Finance
- Two Wheeler Loan
- Vehicle Finance

These skills are highly valued at Cholamandalam Investment & Finance and are crucial for successful performance in a Software Engineering role.

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

The salary of a State Head 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	₹15.0 Lakhs to ₹22.0 Lakhs per year
Shriram Group	₹12.0 Lakhs to ₹27.0 Lakhs per year
Motilal Oswal Financial Services	₹7.2 Lakhs to ₹22.0 Lakhs per year
Bajaj Finserv	₹11.5 Lakhs to ₹19.0 Lakhs per year
IDFC FIRST Bharat	₹9.0 Lakhs to ₹17.3 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 State Head at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
11 years	₹13.0 Lakhs to ₹38.9 Lakhs per year
12 years	₹19.5 Lakhs to ₹24.9 Lakhs per year
13 years	₹19.6 Lakhs to ₹25.0 Lakhs per year
14 years	₹15.0 Lakhs to ₹39.3 Lakhs per year

and so on.

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Cholamandalam Investment & Finance State Head salary in India ranges between ₹13 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

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

Companies similar to Cholamandalam Investment & Finance for State Head

Latest annual salaries shared by Cholamandalam Investment & Finance State Head

Experience wise Cholamandalam Investment & Finance State Head salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Top skills at Cholamandalam Investment & Finance for State Head

Salary related reviews for Cholamandalam Investment & Finance

Team Lead in Kolkata

Relationship Manager in Ranchi

Senior Sales Officer in Mumbai

Area Sales Manager in Patna

Area Sales Manager in Patna

Cholamandalam Investment & Finance State Head Salary FAQs

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Cholamandalam Investment & Finance State Head Salaries by Location