Cholamandalam Securities Assistant Manager Salaries by 10+ Employees (Updated 2025)

2 - 14 years exp.

₹5 Lakhs - ₹8 Lakhs

Salary of majority employees

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33% less than the average Assistant Manager Salary in Investment Banking / Venture Capital / Private Equity Companies for 2 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 8 - 14 years exp. (3 salaries)	Unlock ₹6.5 L/yr - ₹8 L/yr
Customer Success, Service & Operations Assistant Manager Salary 7 - 13 years exp. (3 salaries)	Unlock ₹5.4 L/yr - ₹7.6 L/yr
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Finance & Accounting Assistant Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	Unlock ₹5.5 L/yr - ₹6 L/yr
Sales & Business Development Assistant Manager Salary 7 years exp. (AmbitionBox Estimate)	Unlock ₹5.4 L/yr - ₹6.4 L/yr

Last Updated: 12 Feb 2025

Companies similar to Cholamandalam Securities for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Assistant Manager Salary 0 - 8 years exp. (677 salaries)	Unlock ₹2.6 L/yr - ₹7 L/yr 17% less
HDFC Securities Assistant Manager Salary 0 - 8 years exp. (500 salaries)	Unlock ₹1.9 L/yr - ₹7.2 L/yr 26% less
Login to view exact salary
Kotak Securities Assistant Manager Salary 0 - 7 years exp. (2.1k salaries)	Unlock ₹1.6 L/yr - ₹5 L/yr 40% less	4 job openings
Sharekhan Assistant Manager Salary 1 - 12 years exp. (125 salaries)	Unlock ₹2.4 L/yr - ₹8.3 L/yr 9% less
Angel One Assistant Manager Salary 2 - 9 years exp. (282 salaries)	Unlock ₹2.1 L/yr - ₹6.5 L/yr 28% less
Motilal Oswal Financial Services Assistant Manager Salary 0 - 12 years exp. (884 salaries)	Unlock ₹2 L/yr - ₹10.4 L/yr 4% less
Edelweiss Assistant Manager Salary 0 - 9 years exp. (359 salaries)	Unlock ₹3.5 L/yr - ₹14.8 L/yr 49% more
Axis Direct Assistant Manager Salary 0 - 16 years exp. (263 salaries)	Unlock ₹2 L/yr - ₹8 L/yr 3% more
Reliance Securities Assistant Manager Salary 5 - 17 years exp. (32 salaries)	Unlock ₹2.5 L/yr - ₹6.5 L/yr 25% less
IIFL Securities Assistant Manager Salary 1 - 12 years exp. (113 salaries)	Unlock ₹2.7 L/yr - ₹6.8 L/yr 15% less
Nomura Holdings Assistant Manager Salary 4 - 12 years exp. (448 salaries)	Unlock ₹6 L/yr - ₹22 L/yr 136% more
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A K Capital Services Assistant Manager Salary 1 - 7 years exp. (31 salaries)	Unlock ₹4.3 L/yr - ₹12.5 L/yr 43% more
Globe Capital Market Assistant Manager Salary 0 - 19 years exp. (26 salaries)	Unlock ₹4.4 L/yr - ₹9.5 L/yr 10% more
Bank of America Securities Assistant Manager Salary 9 - 15 years exp. (25 salaries)	Unlock ₹9.3 L/yr - ₹17.6 L/yr 157% more
Credit Agricole CIB Assistant Manager Salary 0 - 12 years exp. (21 salaries)	Unlock ₹7.2 L/yr - ₹13 L/yr 86% more
Asset Reconstruction Company (India) Assistant Manager Salary 4 - 15 years exp. (18 salaries)	Unlock ₹4 L/yr - ₹8 L/yr 8% less
Swastika Investmart Assistant Manager Salary 3 - 6 years exp. (16 salaries)	Unlock ₹2.2 L/yr - ₹6 L/yr 7% less
VERITY GLOBAL SOLUTIONS Assistant Manager Salary 10 - 15 years exp. (15 salaries)	Unlock ₹6.7 L/yr - ₹14 L/yr 97% more
ASK Investment Managers Assistant Manager Salary 4 - 13 years exp. (14 salaries)	Unlock ₹4 L/yr - ₹9 L/yr 20% more
Belstar Investment and Finance Assistant Manager Salary 0 - 7 years exp. (13 salaries)	Unlock ₹2.2 L/yr - ₹3.3 L/yr 52% less

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Assistant Manager salary at Cholamandalam Securities ranges between ₹5 Lakhs to ₹8 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 11 latest salaries received from various employees of Cholamandalam Securities.

Experience wise Cholamandalam Securities Assistant Manager salaries

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	Unlock ₹2.1 L/yr - ₹5.5 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹2.1 L/yr - ₹6 L/yr
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4 years (AmbitionBox Estimate)	Unlock ₹4.8 L/yr - ₹6.1 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹4.9 L/yr - ₹6.2 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹4.9 L/yr - ₹6.3 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹5.4 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹2.2 L/yr - ₹8 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹5.1 L/yr - ₹6.5 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹5.1 L/yr - ₹6.5 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹5.2 L/yr - ₹6.6 L/yr
12 years (3 salaries)	Unlock ₹5 L/yr - ₹7.2 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹2.3 L/yr - ₹7.6 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹6.5 L/yr

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Similar Designation salaries in Cholamandalam Securities

Assistant Branch Manager Salary

(AmbitionBox Estimate)

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₹0.2 L/yr - ₹0.2 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

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₹10.1 L/yr - ₹12.9 L/yr

Team Manager Salary

(AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.3 L/yr

Branch Manager Salary

(11 salaries)

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₹5.6 L/yr - ₹9 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr

Sales Manager Salary

(7 salaries)

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₹3.5 L/yr - ₹4 L/yr

Relationship Manager Salary

(26 salaries)

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₹2.6 L/yr - ₹7.5 L/yr

Senior Officer Salary

(AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr

Team Lead Salary

(AmbitionBox Estimate)

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₹8.6 L/yr - ₹10.9 L/yr

Operations Executive Salary

(AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr

Salary related reviews for Cholamandalam Securities

3.9

Rated by 3 employees for salary & benefits

Key Account Manager in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 13 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing in this company for sure false management false people scamming and making fool out of employees ans coustomer.

Dislikes

Everything about this company as a management trainee they show you a diffrent picture but the ground reality is totally different management is abusive they you mother father as their regular language.

Salary - Bad

+6 more

Chief Manager in Kolkata

Full Time

Marketing & Communication Department

4.0

• posted on 06 Feb 2025

4.0

for Salary and Benefits

Likes

Office location and timing flexibility , upper level bosses are supportive.

Salary - Good

+1 more

Dislikes

RH in Kolkata are not perfect. Toxic leadership gone happen in Kolkata Retail Broking.. other wise PCG department is far Good then Retail. I should had joined in pcg

Skill development - Poor

+4 more

Branch Manager in Patna

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 14 Jul 2023

5.0

for Salary and Benefits

Likes

I feel very much Gap between Employee and Employer.Threre are no Communication between Employee and Employer.

Salary - Excellent

+1 more

Dislikes

I am not Recommend anyone Join in this organisation specially in Chola Securities Ltd because no one will care your career always keep in dark .

Skill development - Bad

+4 more

Area Business Manager in Indore

Full Time

Sales & Business Development Department

1.0

• posted on 29 Jun 2023

3.0

for Salary and Benefits

Likes

Overall Chola Group is better but Cholamandalam Securities verticle is worst.

Dislikes

This verticle is worst, no body want to listen, they have no proper system, If any problem in Business Development & you will inform to senior authorities but there will no solution. Only Employees harrasment.

Skill development - Bad

+5 more

Branch Head in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 02 Jul 2022

3.0

for Salary and Benefits

Likes

Total Politics Organization. we cant explore anything there, all are vintage people with zero knowledge. If we show our performance through experience, they only thing they do is fireup... I Worked with Motilal oswal for 5 years as an sales manager prior to join Chola, In MO the recognize only through our performance and our MIS Speaks... Here in Chola all are vintage people working in same company, if we try to correct something is wrong they will digest they only thing they do fireup in root itself, otherwise their job will be in suffer. The Pathitic part is even HR and Compliance department work with influence.

Dislikes

Fully Politics, If you see the top hirachy all are 10+ experience from same organization. you cannot find more then 1% in top level, that 1% is also because of they learn and keep themselves deaf and dump for their survival...

Skill development - Bad

+5 more

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Cholamandalam Securities Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Cholamandalam Securities?

Assistant Manager salary at Cholamandalam Securities in India ranges between ₹5.0 Lakhs to ₹8.0 Lakhs for experience between 2 years to 14 years. According to our estimates it is 33% less than the average Assistant Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Cholamandalam Securities India.

How does the salary of a Assistant Manager at Cholamandalam Securities India compare with the average salary range for this job?

The average salary of a Assistant Manager at Cholamandalam Securities is 33% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam Securities to a Assistant Manager in India?

Bank of America Securities Assistant Manager Salary - ₹9.3 Lakhs to ₹17.6 Lakhs per year
Nomura Holdings Assistant Manager Salary - ₹6.0 Lakhs to ₹22.0 Lakhs per year
VERITY GLOBAL SOLUTIONS Assistant Manager Salary - ₹6.7 Lakhs to ₹14.0 Lakhs per year
Credit Agricole CIB Assistant Manager Salary - ₹7.2 Lakhs to ₹13.0 Lakhs per year
Edelweiss Assistant Manager Salary - ₹3.5 Lakhs to ₹14.8 Lakhs per year

What is the salary of a Assistant Manager in companies similar to Cholamandalam Securities in India?

A K Capital Services Assistant Manager Salary - ₹4.3 Lakhs to ₹12.5 Lakhs per year
ASK Investment Managers Assistant Manager Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year
MNC Group Assistant Manager Salary - ₹3.2 Lakhs to ₹9.0 Lakhs per year
Globe Capital Market Assistant Manager Salary - ₹4.4 Lakhs to ₹9.5 Lakhs per year
National Commodity & Derivatives Exchange Assistant Manager Salary - ₹4.3 Lakhs to ₹6.2 Lakhs per year

What is the estimated take home salary of a Assistant Manager at Cholamandalam Securities in India?

The estimated take-home salary of a Assistant Manager at Cholamandalam Securities ranges between ₹42,629 per month to ₹43,755 per month in India. The take-home salary calculation is based on the average Cholamandalam Securities Assistant Manager salary in India which ranges between ₹5.0 Lakhs to ₹8.0 Lakhs per year for employees with experience between 2 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at Cholamandalam Securities?

According to AmbitionBox, 59% of the Cholamandalam Securities Assistant Managers reported a notice period of 1 Month, 23% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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Cholamandalam Securities Assistant Manager Salaries

Cholamandalam Securities Assistant Manager salary in India ranges between ₹5 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Cholamandalam Securities latest salaries received from various employees of Cholamandalam Securities.

Cholamandalam Securities Assistant Manager salaries in India (Updated 2025)

Companies similar to Cholamandalam Securities for Assistant Manager

Latest annual salaries shared by Cholamandalam Securities Assistant Manager

Experience wise Cholamandalam Securities Assistant Manager salaries

Similar Designation salaries in Cholamandalam Securities

Salary related reviews for Cholamandalam Securities

Key Account Manager in Pune

Chief Manager in Kolkata

Branch Manager in Patna

Area Business Manager in Indore

Branch Head in Chennai

Cholamandalam Securities Assistant Manager Salary FAQs

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