Cholamandalam Securities Credit Manager Salaries by 4 Employees

0 - 12 years exp.

₹2.8 Lakhs - ₹6.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

39% less than the average Credit Manager Salary in Investment Banking / Venture Capital / Private Equity Companies for 0 - 12 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 0 - 12 years exp. (3 salaries)	₹2.8 L/yr - ₹6.5 L/yr
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Customer Success, Service & Operations Credit Manager Salary 8 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 1 Aug 2024

Companies similar to Cholamandalam Securities for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Muthoot Homefin India Credit Manager Salary 4 - 9 years exp. (42 salaries)	₹3.9 L/yr - ₹9 L/yr 25% more
Belstar Investment and Finance Credit Manager Salary 9 - 16 years exp. (6 salaries)	₹5 L/yr - ₹11 L/yr 31% more
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A K Capital Services Credit Manager Salary 0 - 6 years exp. (3 salaries)	₹11.5 L/yr - ₹14.5 L/yr 183% more
ICICI Bank Credit Manager Salary 0 - 12 years exp. (3.3k salaries)	₹4.3 L/yr - ₹17.6 L/yr 112% more
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14.5 L/yr 79% more	13 job openings

Credit Manager salary at Cholamandalam Securities ranges between ₹2.8 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Securities.

Experience wise Cholamandalam Securities Credit Manager salaries

Last Updated: 1 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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11 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
12 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr

Similar Designation salaries in Cholamandalam Securities

Credit Officer Salary

(6 salaries)

₹2.5 L/yr - ₹3.5 L/yr

Area Credit Manager Salary

(AmbitionBox Estimate)

₹11.8 L/yr - ₹15.1 L/yr

Branch Manager Salary

(11 salaries)

₹5.6 L/yr - ₹9 L/yr

Deputy Manager Salary

(3 salaries)

₹3.1 L/yr - ₹9 L/yr

Chief Manager Salary

(6 salaries)

₹6 L/yr - ₹8 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹5.3 L/yr - ₹6.8 L/yr

Sales Manager Salary

(7 salaries)

₹3.5 L/yr - ₹4 L/yr

Branch Credit Manager Salary

(AmbitionBox Estimate)

₹6.9 L/yr - ₹8.9 L/yr

Credit Executive Salary

(5 salaries)

₹2.4 L/yr - ₹3.85 L/yr

Sales Officer Salary

(6 salaries)

₹2 L/yr - ₹3.28 L/yr

Salary related reviews for Cholamandalam Securities

Vertical Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 25 Mar 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

... 100 employees in 1 month that too people who are performing employees included. Cost cutting it seems.

Salary - Bad

+6 more

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

Senior Deputy Manager in Chennai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 31 Mar 2025

3.0

for Salary and Benefits

Likes

People's are good for Chennai location. And if you work in any company you will get same issues everywhere here and there. But overall good experience.

Skill development - Excellent

+4 more

Dislikes

If you didn't achieve target you have to seat extra hours.

Promotions - Poor

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

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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 Securities Credit Manager Salary FAQs

What is the salary of Credit Manager at Cholamandalam Securities ?

The average salary of a Credit Manager at Cholamandalam Securities in India typically ranges from ₹2.8 Lakhs to ₹6.5 Lakhs per year, depending on experience (from Fresher to 12 years).

The top 10% of Credit Manager at Cholamandalam Securities earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Credit 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 4 Cholamandalam Securities employees in India.

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

The estimated take-home salary of a Credit Manager at Cholamandalam Securities in India typically ranges from ₹35,756 to ₹36,985 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from Fresher to 12 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 4 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 Credit Manager in India?

A K Capital Services	₹11.5 Lakhs to ₹14.5 Lakhs per year
ICICI Bank	₹4.3 Lakhs to ₹17.6 Lakhs per year
HDFC Bank	₹3.5 Lakhs to ₹14.5 Lakhs per year
Belstar Investment and Finance	₹5.0 Lakhs to ₹11.0 Lakhs per year
Muthoot Homefin India	₹3.9 Lakhs to ₹9.0 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.

How the salary growth look like for a Credit Manager at Cholamandalam Securities in India?

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

Experience	Average Salary Range
Fresher	₹2.5 Lakhs to ₹3.2 Lakhs per year
8 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
11 years	₹5.3 Lakhs to ₹6.7 Lakhs per year
12 years	₹5.9 Lakhs to ₹7.5 Lakhs per year

and so on.

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Cholamandalam Securities Credit Manager Salaries

Cholamandalam Securities Credit Manager salary in India ranges between ₹2.8 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Cholamandalam Securities latest salaries received from various employees of Cholamandalam Securities.