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This company page is being actively managed by Cholamandalam Investment & Finance Team. If you also belong to the team, you can get access from here

Cholamandalam Investment & Finance Verified Tick

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4.0

based on 4.1k Reviews

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Cholamandalam Investment & Finance Salaries in India

based on 11k latest salaries
Explore Salaries by Departments
Finance & Accounting BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations + 6 more
Designation Avg Annual Salary Open Jobs

Officer

1 - 8 years exp. (114 salaries)
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₹1.7 L/yr - ₹3.9 L/yr

Area Credit Operations Manager

5 - 14 years exp. (113 salaries)
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₹4.3 L/yr - ₹17 L/yr

2 job openings

Credit Executive

1 - 11 years exp. (109 salaries)
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₹1.3 L/yr - ₹3.7 L/yr

Credit Processing Associate

0 - 5 years exp. (107 salaries)
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₹1 L/yr - ₹4.2 L/yr

Deputy Relationship Manager

1 - 9 years exp. (104 salaries)
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₹2 L/yr - ₹4 L/yr

Senior Sales Officer

2 - 8 years exp. (100 salaries)
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₹1.4 L/yr - ₹4.4 L/yr

Team Lead

3 - 10 years exp. (99 salaries)
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₹1.5 L/yr - ₹5.5 L/yr

Branch Credit Manager

4 - 11 years exp. (96 salaries)
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₹2.8 L/yr - ₹9.1 L/yr

Collections Executive

0 - 7 years exp. (92 salaries)
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₹1.2 L/yr - ₹3.7 L/yr

Branch Receivable Manager

3 - 17 years exp. (89 salaries)
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₹3 L/yr - ₹8 L/yr

Area Legal Manager

2 - 12 years exp. (88 salaries)
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₹3.6 L/yr - ₹11 L/yr

Sales Manager

3 - 10 years exp. (77 salaries)
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₹2 L/yr - ₹9.1 L/yr

Area Receivables Manager

6 - 17 years exp. (77 salaries)
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₹4.5 L/yr - ₹14.5 L/yr

2 job openings

Regional Receivables Manager

12 - 21 years exp. (74 salaries)
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₹9.8 L/yr - ₹28.2 L/yr

Branch Manager

5 - 12 years exp. (71 salaries)
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₹2.8 L/yr - ₹8.9 L/yr

Area Manager

6 - 19 years exp. (70 salaries)
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₹4.8 L/yr - ₹16.5 L/yr

Branch Credit Operations Manager

3 - 10 years exp. (67 salaries)
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₹3.1 L/yr - ₹8.5 L/yr

Regional Credit Manager

10 - 21 years exp. (64 salaries)
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₹10 L/yr - ₹30 L/yr

Collections Manager

3 - 13 years exp. (64 salaries)
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₹2 L/yr - ₹9.1 L/yr

1 job opening

Junior Manager

3 - 11 years exp. (57 salaries)
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₹3.3 L/yr - ₹7.2 L/yr

Last Updated: 18 Dec, 2024

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Salary Discussions, Hike & Promotions
1w
a technical project manager
Deadend
Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?
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Salary related reviews for Cholamandalam Investment & Finance

3.9

Rated by 4.1k employees for salary & benefits

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.

read 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.

read 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.

read more

Branch Credit Operations Manager in Panipat

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 26 Sep 2024
5.0
 for  Salary and Benefits

Likes

The only good thing about my tenor in chola was good salary, they will pay you handsomely if you are working good enough . You will learn how to manage and micromanage your team

read more

Dislikes

Work life balance is pathetic, you have to start your day early and the day will never come to an end. Continuous con calls even if you are on leave officially.

read 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.

read more

Dislikes

Office work timing not fixed. We have not sufficient time for family

Assistant Manager in Chennai

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 04 Aug 2024
1.0
 for  Salary and Benefits

Likes

Working environment, its almost like your college

Dislikes

Salary and appraisals are very works in some teams they should develop there strategy too... I was wondering that the managers are educated or what?... They didn't even have a brain,size of sparrow's brain, common sense and all

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see more salary related reviews

Cholamandalam Investment & Finance interview questions by designations

Sales Officer (7)Branch Credit Manager (6)Credit Operation Executive (5)Area Business Manager (4)
View all 150 interview experiences
More about working at Cholamandalam Investment & Finance

Cholamandalam Investment & Finance Salary FAQs

How much does Cholamandalam Investment & Finance pay per year?
The average Cholamandalam Investment & Finance salary ranges from approximately ₹0.1 Lakh to ₹0.2 Lakh per year for a Assistant Regional Manager and ₹44.5 Lakhs to ₹61 Lakhs per year for a Zonal Credit Manager. Salary estimates are based on 11k Cholamandalam Investment & Finance salaries received from various employees of Cholamandalam Investment & Finance. Cholamandalam Investment & Finance employees rate the overall salary and benefits package 3.9/5 stars.
What is the highest salary in Cholamandalam Investment & Finance?
The highest-paying job at Cholamandalam Investment & Finance is a Zonal Credit Manager with a salary of ₹44.5 Lakhs to ₹61 Lakhs per year. The top 10% of employees earn more than ₹14 lakhs per year. The top 1% earn more than a whopping ₹33.73 lakhs per year.
What is the minimum salary in Cholamandalam Investment & Finance?
Minimum salary at Cholamandalam Investment & Finance depends on the role you are applying for. For Sales Executive the minimum salary is ₹1.1 Lakh to ₹4 Lakhs per year, and for Deputy Officer the minimum salary is ₹1.5 Lakh to ₹4.1 Lakhs per year and so on.
What is the salary package for freshers in Cholamandalam Investment & Finance?
The average salary at Cholamandalam Investment & Finance for freshers varies from ₹1.4 Lakh to ₹2.9 Lakhs per year for Junior Sales Officer and ₹4 Lakhs to ₹6 Lakhs per year for Management Trainee.
What is the notice period at Cholamandalam Investment & Finance?
According to AmbitionBox, 51% of the Cholamandalam Investment & Finance employees reported a notice period of 1 Month, 35% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 13.8k responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Salaries by Location

Cholamandalam Investment & Finance Salaries by Department

Average annual salary in Cholamandalam Investment & Finance is INRunlock blur . Salary estimates are based on 11k Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

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