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

6 - 16 years exp.

₹5.6 Lakhs - ₹9 Lakhs

Salary of majority employees

Fixed (89%)

₹6.5 Lakhs

Variable (11%)

₹0.8 Lakh

21% less than the average Branch Manager Salary in Investment Banking / Venture Capital / Private Equity Companies for 6 - 16 years of experience

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Salaries in different departments

Sales & Business Development Branch Manager Salary 12 - 16 years exp. (5 salaries)	₹6 L/yr - ₹9 L/yr
BFSI, Investments & Trading Branch Manager Salary 10 - 14 years exp. (3 salaries)	₹6 L/yr - ₹7.9 L/yr
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Customer Success, Service & Operations Branch Manager Salary 6 - 13 years exp. (3 salaries)	₹5.6 L/yr - ₹9 L/yr

Last Updated: 3 Mar 2025

Companies similar to Cholamandalam Securities for Branch Manager

Company name	Avg Annual Salary	Open Jobs
Belstar Investment and Finance Branch Manager Salary 3 - 11 years exp. (104 salaries)	₹2.3 L/yr - ₹5.1 L/yr 49% less
Swastika Investmart Branch Manager Salary 4 - 15 years exp. (26 salaries)	₹2.5 L/yr - ₹5.6 L/yr 39% less
Login to view exact salary
Chatrapati Multistate Co-Operative Credit Society Branch Manager Salary 4 - 8 years exp. (25 salaries)	₹2 L/yr - ₹5.6 L/yr 52% less
Globe Capital Market Branch Manager Salary 9 - 15 years exp. (19 salaries)	₹4.5 L/yr - ₹9.2 L/yr 7% less
Muthoot Homefin India Branch Manager Salary 5 - 10 years exp. (6 salaries)	₹5.4 L/yr - ₹6.8 L/yr 20% less
MNC Group Branch Manager Salary 1 - 18 years exp. (4 salaries)	₹4.5 L/yr - ₹10 L/yr 12% more
Kotak Mahindra Investments Branch Manager Salary 7 - 10 years exp. (4 salaries)	₹7 L/yr - ₹18 L/yr 62% more
Asset Reconstruction Company (India) Branch Manager Salary 20 - 26 years exp. (3 salaries)	₹11.5 L/yr - ₹21 L/yr 122% more

Branch Manager salary at Cholamandalam Securities ranges between ₹5.6 Lakhs to ₹9 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 11 latest salaries received from various employees of Cholamandalam Securities.

Experience wise Cholamandalam Securities Branch Manager salaries

Last Updated: 3 Mar 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹11.9 L/yr
7 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.7 L/yr
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8 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
10 years (AmbitionBox Estimate)	₹7 L/yr - ₹12.9 L/yr
11 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
12 years (3 salaries)	₹6 L/yr - ₹9 L/yr
13 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
14 years (AmbitionBox Estimate)	₹6 L/yr - ₹8.9 L/yr
15+ years (AmbitionBox Estimate)	₹3.2 L/yr - ₹9 L/yr

View all

Similar Designation salaries in Cholamandalam Securities

Area Manager Salary

(AmbitionBox Estimate)

₹15.8 L/yr - ₹20.2 L/yr

Credit Manager Salary

(4 salaries)

₹2.8 L/yr - ₹6.5 L/yr

Sales Manager Salary

(7 salaries)

₹3.5 L/yr - ₹4 L/yr

Branch Incharge Salary

(7 salaries)

₹3.8 L/yr - ₹5 L/yr

Branch Head Salary

(AmbitionBox Estimate)

₹7.9 L/yr - ₹10.1 L/yr

Deputy Manager Salary

(3 salaries)

₹3.1 L/yr - ₹9 L/yr

Chief Manager Salary

(4 salaries)

₹5.5 L/yr - ₹8 L/yr

Branch Sales Manager Salary

(36 salaries)

₹3.5 L/yr - ₹8 L/yr

Senior Branch Manager Salary

(3 salaries)

₹8.5 L/yr - ₹8.7 L/yr

Cluster Manager Salary

(7 salaries)

₹9.8 L/yr - ₹13.28 L/yr

Salary related reviews for Cholamandalam Securities

3.2

Rated by 5 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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Cholamandalam Securities Branch Manager Salary FAQs

What is the salary of Branch Manager at Cholamandalam Securities ?

The average salary of a Branch Manager at Cholamandalam Securities in India typically ranges from ₹5.6 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 6 years to 16 years).

The top 10% of Branch Manager at Cholamandalam Securities earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Branch Manager Salaries at Cholamandalam Securities 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 10+ Cholamandalam Securities employees in India.

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

The estimated take-home salary of a Branch Manager at Cholamandalam Securities in India typically ranges from ₹54,325 to ₹55,681 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 6 years to 16 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 10+ salaries received from various employees of Cholamandalam Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Cholamandalam Securities for Branch Manager in India?

Asset Reconstruction Company (India)	₹11.5 Lakhs to ₹21.0 Lakhs per year
Kotak Mahindra Investments	₹7.0 Lakhs to ₹18.0 Lakhs per year
MNC Group	₹4.5 Lakhs to ₹10.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Cholamandalam Securities, depending on the role and experience level.

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

The salary of a Branch Manager at companies similar to Cholamandalam Securities in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Globe Capital Market	₹4.5 Lakhs to ₹9.2 Lakhs per year
Muthoot Homefin India	₹5.4 Lakhs to ₹6.8 Lakhs per year
Swastika Investmart	₹2.5 Lakhs to ₹5.6 Lakhs per year
Belstar Investment and Finance	₹2.3 Lakhs to ₹5.1 Lakhs per year
Chatrapati Multistate Co-Operative Credit Society	₹2.0 Lakhs to ₹5.6 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 Branch Manager at Cholamandalam Securities in India?

The salary growth for a Branch Manager at Cholamandalam Securities depends on factors such as experience, performance, and promotions. On average, a Branch Manager can expect the following growth trajectory at Cholamandalam Securities:

Experience	Average Salary Range
6 years	₹5.6 Lakhs to ₹11.9 Lakhs per year
7 years	₹6.1 Lakhs to ₹7.7 Lakhs per year
8 years	₹6.2 Lakhs to ₹7.9 Lakhs per year
9 years	₹6.3 Lakhs to ₹8.1 Lakhs per year

and so on.

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Cholamandalam Securities Branch Manager Salaries by Location

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Cholamandalam Securities Branch Manager Salaries

Cholamandalam Securities Branch Manager salary in India ranges between ₹5.6 Lakhs to ₹9 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 Branch Manager salaries in India (Updated 2025)

Companies similar to Cholamandalam Securities for Branch Manager

Latest annual salaries shared by Cholamandalam Securities Branch Manager

Experience wise Cholamandalam Securities Branch 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 Branch Manager Salary FAQs

Tell us how to improve this page.

Cholamandalam Securities Branch Manager Salaries by Location