Cholamandalam Finance Salary in India (2026)
Based on 398 salaries shared on Weekday · Updated Oct 2026
- Median salary
- ₹5.2 LPA
- ≈ ₹38,000 in hand / month
- Typical range (P25–P75)
- ₹3.2–9.7 L
- Middle 50% of salaries
- Freshers (0–1 yr)
- ₹4.6 LPA
- 18 salaries
- 10+ years
- ₹8.8 LPA
- 105 salaries
Fixed pay (CTC excluding bonus and stock). With the top and bottom 5% removed so typos don't skew them.
Cholamandalam Finance salary at a glance
Cholamandalam Finance pays a median of ₹5.2 LPA fixed across 398 salaries shared on Weekday, with most people between ₹3.2 and ₹9.7 LPA. Freshers start around ₹4.6 LPA and people past 10 years earn ₹8.8 LPA. Assistant General Manager and Area Business Manager are the best-paid titles with enough data.
Cholamandalam Finance salary for freshers
0–1 year of experience · 18 salaries
₹4.6 LPA
Median · range ₹3–7.4 LPA- In hand: about ₹34,000 a month at ₹4.6 LPA (calculate yours)
Cholamandalam Finance salary by experience
Median (black line) and middle 50% (yellow band), ₹ LPA
- 0–1 yrs18 salaries₹4.6 L₹3–7.4 L
- 2–3 yrs51 salaries₹3.9 L₹3–5.7 L
- 4–6 yrs74 salaries₹4 L₹3–6.7 L
- 7–9 yrs60 salaries₹5.7 L₹3.1–10 L
- 10+ yrs105 salaries₹8.8 L₹6–15 L
Cholamandalam Finance salary by role
Job titles as people hold them, highest median first.
| Role | Median | Typical range | Salaries |
|---|---|---|---|
| Assistant General Manager | ₹16 L | ₹12–22.3 L | 6 |
| Area Business Manager | ₹13.9 L | ₹10.4–15.8 L | 8 |
| Area Sales Manager | ₹9.9 L | ₹7.9–15.6 L | 17 |
| Chief Manager | ₹8.4 L | ₹6.4–11.2 L | 8 |
| Branch Business Manager | ₹6.3 L | ₹6–7.3 L | 8 |
| Area Receivable Manager | ₹5.3 L | ₹4.7–8.1 L | 8 |
| Branch Credit Manager | ₹4.8 L | ₹2.5–7.3 L | 12 |
| Data Analyst | ₹4.3 L | ₹3.6–4.9 L | 6 |
| Credit Manager | ₹4.2 L | ₹4–4.7 L | 6 |
| Associate Deputy Manager | ₹4.1 L | ₹3.6–4.2 L | 6 |
| Credit Operation Executive | ₹3.4 L | ₹2.9–3.5 L | 8 |
| Assistant Manager | ₹3.3 L | ₹2.6–8.5 L | 7 |
| Credit Officer | ₹3.3 L | ₹2.5–4.8 L | 6 |
| Sales Executive | ₹3.3 L | ₹3–5 L | 6 |
| Senior Associate Manager | ₹3.1 L | ₹2.9–3.3 L | 8 |
The 15 most reported titles with 5 or more salaries are shown. The other 172 titles still count in the totals above.
Cholamandalam Finance Assistant General Manager salary
Median ₹16 LPA · most earn ₹12–22.3 LPA · 6 salaries
| Experience | Fixed salary |
|---|---|
| 10 yrs | ₹24 L |
| 7 yrs | ₹30 L |
| 15 yrs | ₹11 L |
| 16 yrs | ₹2.6 L |
| 19 yrs | ₹17 L |
| 8 yrs | ₹15 L |
Cholamandalam Finance Area Business Manager salary
Median ₹13.9 LPA · most earn ₹10.4–15.8 LPA · 8 salaries
| Experience | Fixed salary |
|---|---|
| 16 yrs | ₹15 L |
| 1 yr | ₹7.5 L |
| 14 yrs | ₹13.7 L |
| 18 yrs | ₹18 L |
| Not shared | ₹3.9 L |
| 2 yrs | ₹14 L |
| 19 yrs | ₹18 L |
| 13 yrs | ₹11.3 L |
Cholamandalam Finance Area Sales Manager salary
Median ₹9.9 LPA · most earn ₹7.9–15.6 LPA · 17 salaries
| Experience | Fixed salary |
|---|---|
| 8 yrs | ₹12 L |
| 14 yrs | ₹21.8 L |
| 10 yrs | ₹8 L |
| 9 yrs | ₹9.2 L |
| 3 yrs | ₹15.6 L |
| 9 yrs | ₹6.8 L |
| 18 yrs | ₹16 L |
| 7 yrs | ₹7 L |
| 16 yrs | ₹7.9 L |
| 15 yrs | ₹10 L |
Cholamandalam Finance Chief Manager salary
Median ₹8.4 LPA · most earn ₹6.4–11.2 LPA · 8 salaries
| Experience | Fixed salary |
|---|---|
| 7 yrs | ₹11.9 L |
| 1 yr | ₹9 L |
| 9 yrs | ₹11 L |
| 2 yrs | ₹14 L |
| 11 yrs | ₹6.5 L |
| Not shared | ₹6 L |
| 6 yrs | ₹5 L |
| 18 yrs | ₹7.7 L |
Cholamandalam Finance Branch Business Manager salary
Median ₹6.3 LPA · most earn ₹6–7.3 LPA · 8 salaries
| Experience | Fixed salary |
|---|---|
| 3 yrs | ₹6 L |
| 11 yrs | ₹7.2 L |
| 8 yrs | ₹6.5 L |
| 2 yrs | ₹7.5 L |
| 2 yrs | ₹5.9 L |
| 9 yrs | ₹7.7 L |
| 9 yrs | ₹5.5 L |
| 14 yrs | ₹6 L |
Cholamandalam Finance Area Receivable Manager salary
Median ₹5.3 LPA · most earn ₹4.7–8.1 LPA · 8 salaries (incl. "Area Receivables Manager")
| Experience | Fixed salary |
|---|---|
| 7 yrs | ₹5.1 L |
| 11 yrs | ₹3 L |
| 12 yrs | ₹13.8 L |
| Not shared | ₹4.5 L |
| 10 yrs | ₹6.2 L |
| 17 yrs | ₹14.5 L |
| 12 yrs | ₹4.8 L |
| Not shared | ₹5.5 L |
Cholamandalam Finance Branch Credit Manager salary
Median ₹4.8 LPA · most earn ₹2.5–7.3 LPA · 12 salaries
| Experience | Fixed salary |
|---|---|
| 13 yrs | ₹7 L |
| 5 yrs | ₹26.4 L |
| 6 yrs | ₹2.4 L |
| 5 yrs | ₹15 L |
| 10 yrs | ₹2.5 L |
| Not shared | ₹5.9 L |
| 7 yrs | ₹2.5 L |
| 10 yrs | ₹4.7 L |
| 12 yrs | ₹8.3 L |
| 9 yrs | ₹4.8 L |
Cholamandalam Finance Data Analyst salary
Median ₹4.3 LPA · most earn ₹3.6–4.9 LPA · 6 salaries
| Experience | Fixed salary |
|---|---|
| 1 yr | ₹3.5 L |
| 3 yrs | ₹4.5 L |
| 5 yrs | ₹4 L |
| 7 yrs | ₹9.4 L |
| 5 yrs | ₹5 L |
| 2 yrs | ₹2.5 L |
Cholamandalam Finance Credit Manager salary
Median ₹4.2 LPA · most earn ₹4–4.7 LPA · 6 salaries
| Experience | Fixed salary |
|---|---|
| 9 yrs | ₹5.5 L |
| Not shared | ₹4 L |
| 16 yrs | ₹4.8 L |
| 4 yrs | ₹4 L |
| 3 yrs | ₹2.9 L |
| 21 yrs | ₹4.3 L |
Cholamandalam Finance Associate Deputy Manager salary
Median ₹4.1 LPA · most earn ₹3.6–4.2 LPA · 6 salaries
| Experience | Fixed salary |
|---|---|
| 8 yrs | ₹4.2 L |
| 3 yrs | ₹3.4 L |
| 4 yrs | ₹4.5 L |
| 10 yrs | ₹4 L |
| 7 yrs | ₹4.3 L |
| 3 yrs | ₹3.4 L |
Cholamandalam Finance Credit Operation Executive salary
Median ₹3.4 LPA · most earn ₹2.9–3.5 LPA · 8 salaries (incl. "Credit Operations Executive")
| Experience | Fixed salary |
|---|---|
| 2 yrs | ₹3.5 L |
| Not shared | ₹2.3 L |
| 0 yrs | ₹3 L |
| 3 yrs | ₹4.7 L |
| 10 yrs | ₹3.5 L |
| 9 yrs | ₹2.5 L |
| 6 yrs | ₹3.6 L |
| 3 yrs | ₹3.3 L |
Cholamandalam Finance Assistant Manager salary
Median ₹3.3 LPA · most earn ₹2.6–8.5 LPA · 7 salaries
| Experience | Fixed salary |
|---|---|
| 2 yrs | ₹10.5 L |
| 4 yrs | ₹3.3 L |
| 1 yr | ₹2.3 L |
| 1 yr | ₹2.3 L |
| 7 yrs | ₹11.9 L |
| 3 yrs | ₹2.9 L |
| Not shared | ₹6.4 L |
Cholamandalam Finance Credit Officer salary
Median ₹3.3 LPA · most earn ₹2.5–4.8 LPA · 6 salaries
| Experience | Fixed salary |
|---|---|
| 4 yrs | ₹2.5 L |
| Not shared | ₹2.3 L |
| 10 yrs | ₹5 L |
| 3 yrs | ₹4.2 L |
| 3 yrs | ₹18 L |
| 3 yrs | ₹2.5 L |
Cholamandalam Finance Sales Executive salary
Median ₹3.3 LPA · most earn ₹3–5 LPA · 6 salaries
| Experience | Fixed salary |
|---|---|
| Not shared | ₹21.6 L |
| 9 yrs | ₹2.5 L |
| Not shared | ₹3.7 L |
| Not shared | ₹3 L |
| 1 yr | ₹5.5 L |
| 4 yrs | ₹3 L |
Cholamandalam Finance Senior Associate Manager salary
Median ₹3.1 LPA · most earn ₹2.9–3.3 LPA · 8 salaries
| Experience | Fixed salary |
|---|---|
| Not shared | ₹3 L |
| 5 yrs | ₹3.5 L |
| 7 yrs | ₹3.2 L |
| 2 yrs | ₹3.6 L |
| 6 yrs | ₹3.3 L |
| 5 yrs | ₹2.5 L |
| 3 yrs | ₹2.4 L |
| 0 yrs | ₹3 L |
Cholamandalam Finance vs similar companies
Median at 2–3 years of experience, so companies are compared like for like
| Company | Median (2–3 yrs) | vs Cholamandalam Finance | Compare |
|---|---|---|---|
| Cholamandalam Finance | ₹3.9 L | — | |
| ICICI Bank | ₹6 L | +54% | |
| HDFC Bank | ₹4.4 L | +13% | |
| JPMorgan Chase | ₹13.8 L | +254% | |
| Axis Bank | ₹4.9 L | +26% | |
| Wells Fargo | ₹7.6 L | +95% | |
| SS&C GlobeOp | ₹5.3 L | +36% | |
| Indus Valley Partners | ₹9.5 L | +144% | |
| Union Bank of India | ₹4.7 L | +21% |
Cholamandalam Finance salary FAQs
What is the average salary at Cholamandalam Finance?
The median fixed salary at Cholamandalam Finance is ₹5.2 LPA, across 398 salaries shared on Weekday. The middle half of employees earn ₹3.2–9.7 LPA.
What is the Cholamandalam Finance salary for freshers?
Freshers (0–1 years) at Cholamandalam Finance earn a median of ₹4.6 LPA, and most get ₹3–7.4 LPA. That is about ₹34,000 a month in hand.
Which role pays the most at Cholamandalam Finance?
Among titles with enough salaries, Assistant General Manager (₹16 LPA median) and Area Business Manager (₹13.9 LPA) are the best paid at Cholamandalam Finance.
How much does a Cholamandalam Finance employee earn after 5 years?
With 4–6 years of experience the median is ₹4 LPA, and most earn ₹3–6.7 LPA. Freshers start at ₹4.6 LPA.
What does Cholamandalam Finance pay with 10+ years of experience?
People with more than 10 years at Cholamandalam Finance earn a median of ₹8.8 LPA, most between ₹6–15 LPA.
Does Cholamandalam Finance pay more than ICICI Bank?
At 2–3 years of experience, ICICI Bank pays 54% more: ₹6 LPA median against ₹3.9 LPA at Cholamandalam Finance. Comparing at the same experience keeps it like for like.
Are these Cholamandalam Finance salaries CTC or in-hand?
They are fixed CTC a year, before PF and tax, without bonus or stock. At the ₹5.2 LPA median, take-home is about ₹38,000 a month under the new tax regime.
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