Cholamandalam MS General Insurance Credit Manager Salaries by 5 Employees (Updated 2025)

6 - 7 years exp.

₹4.7 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

15% less than the average Credit Manager Salary in Insurance Companies for 6 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹6.6 L/yr - ₹8 L/yr
Customer Success, Service & Operations Credit Manager Salary 7 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr
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Finance & Accounting Credit Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.7 L/yr
Risk Management & Compliance Credit Manager Salary 7 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.2 L/yr

Last Updated: 30 Dec 2024

Companies similar to Cholamandalam MS General Insurance for Credit Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.1k salaries)	₹4.3 L/yr - ₹15 L/yr 52% more
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14.3 L/yr 28% more	7 job openings
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Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	₹4 L/yr - ₹14.5 L/yr 37% more
Axis Bank Credit Manager Salary 0 - 13 years exp. (826 salaries)	₹4 L/yr - ₹14.8 L/yr 35% more
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (797 salaries)	₹3.5 L/yr - ₹12.2 L/yr 24% more	1 job opening

Credit Manager salary at Cholamandalam MS General Insurance ranges between ₹4.7 Lakhs to ₹8 Lakhs per year for employees with experience between 6 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam MS General Insurance.

Experience wise Cholamandalam MS General Insurance Credit Manager salaries

Last Updated: 30 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹8 L/yr
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7 years (3 salaries)	₹4.7 L/yr - ₹6.6 L/yr

Similar Designation salaries in Cholamandalam MS General Insurance

Credit Officer Salary

(6 salaries)

₹0.9 L/yr - ₹3.5 L/yr

Area Credit Manager Salary

(3 salaries)

₹10.7 L/yr - ₹14 L/yr

Branch Manager Salary

(197 salaries)

₹2.92 L/yr - ₹8.82 L/yr

Deputy Manager Salary

(42 salaries)

₹5 L/yr - ₹11.2 L/yr

Chief Manager Salary

(20 salaries)

₹19 L/yr - ₹30 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Sales Manager Salary

(78 salaries)

₹2.8 L/yr - ₹5.61 L/yr

Branch Credit Manager Salary

(7 salaries)

₹4.25 L/yr - ₹6.5 L/yr

Regional Credit Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Credit Executive Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for Cholamandalam MS General Insurance

4.2

Rated by 3 employees for salary & benefits

Sales Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 07 Aug 2023

3.0

for Salary and Benefits

Likes

Nothing

Dislikes

Appraisals are terrible here even if achieved 275% of ytd target they increase only 7% of salary..no personal life teams meeting every now and then infact after working hours also, continue warning of termination if you fail to achieve daily numbers

Promotions - Bad

+3 more

Deputy Manager in Chennai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 15 Feb 2022

3.0

for Salary and Benefits

Likes

The company provides a very high job security and you would never face any delays in salary. The leaves offered by the company are also good in comparison to other companies.

Job security - Excellent

Dislikes

The companies culture is not meant for youngsters or people who wants to work in a challenging and learning environment. A lot of People in this company are working since 10-15 years and have a very rigid mentality and approach towards work. The gowth trajectory is very slow and the learning curve is also flat.

Skill development - Bad

+4 more

Area Manager in Bikaner

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Nov 2024

3.0

for Salary and Benefits

Likes

Good company. Having Employee friendly. Happy to work here...

Skill development - Excellent

+5 more

Dislikes

Only In company promotion you can't get salary hike as you deserved . Some of the points your salary is laser then your colleagues and team.

Agency Manager in Ahmednagar

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 06 Jan 2023

2.0

for Salary and Benefits

Likes

Murugappa group is a very big group, One of them is Chola General Insurance. Salary is good in the company.

Dislikes

The company has a great name, but the company's senior front-line executives are not doing well in support.. The company does not use today's technology in the work.

Salary - Poor

+3 more

Area Head in Pune

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 17 Jan 2023

5.0

for Salary and Benefits

Likes

...nts like tata, icici, Hdfc far better. No stress and dirty internal politics. Variables pay also high as compare to mention company.

Salary - Excellent

+6 more

Dislikes

weekly 1 off, need to change in 5 day working week.

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Cholamandalam MS General Insurance Credit Manager Salary FAQs

What is the salary of Credit Manager at Cholamandalam MS General Insurance?

Credit Manager salary at Cholamandalam MS General Insurance in India ranges between ₹4.7 Lakhs to ₹8.0 Lakhs for experience between 6 years to 7 years. According to our estimates it is 15% less than the average Credit Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam MS General Insurance India.

How does the salary of a Credit Manager at Cholamandalam MS General Insurance India compare with the average salary range for this job?

The average salary of a Credit Manager at Cholamandalam MS General Insurance is 15% less than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam MS General Insurance to a Credit Manager in India?

ICICI Bank Credit Manager Salary - ₹4.3 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.5 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.8 Lakhs per year
HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.3 Lakhs per year
IDFC FIRST Bank Credit Manager Salary - ₹3.5 Lakhs to ₹12.2 Lakhs per year

What is the estimated take home salary of a Credit Manager at Cholamandalam MS General Insurance in India?

The estimated take-home salary of a Credit Manager at Cholamandalam MS General Insurance ranges between ₹50,416 per month to ₹51,606 per month in India. The take-home salary calculation is based on the average Cholamandalam MS General Insurance Credit Manager salary in India which ranges between ₹4.7 Lakhs to ₹8.0 Lakhs per year for employees with experience between 6 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Cholamandalam MS General Insurance?

According to AmbitionBox, 83% of the Cholamandalam MS General Insurance Credit Managers reported a notice period of 3 Months, 17% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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Cholamandalam MS General Insurance Credit Manager Salaries

Cholamandalam MS General Insurance Credit Manager salary in India ranges between ₹4.7 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.