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4.0

based on 3.1k Reviews

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L&T Finance Collection Officer salaries in India with 1 - 7 years exp.

Avg. annual salary

2.2 Lakhs info icon
(₹1.2 L/yr - ₹3.9 L/yr)

Monthly in-hand salary

15,569 - ₹ 17,186 info icon

16% less than the average Collection Officer Salary in NBFC Companies for 1 - 7 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Collection Officer Salary
1 - 7 years exp. (98 salaries)
2.3 Lakhs

₹1.4 L/yr - ₹3.9 L/yr

BFSI, Investments & Trading
Collection Officer Salary
1 - 6 years exp. (61 salaries)
2.2 Lakhs

₹1.4 L/yr - ₹3.3 L/yr

Customer Success, Service & Operations
Collection Officer Salary
2 - 6 years exp. (28 salaries)
2.3 Lakhs

₹1.5 L/yr - ₹3.5 L/yr

Sales & Business Development
Collection Officer Salary
1 - 7 years exp. (7 salaries)
2.2 Lakhs

₹1.6 L/yr - ₹3.2 L/yr

Marketing & Communication
Collection Officer Salary
1 - 6 years exp. (6 salaries)
2.3 Lakhs

₹1.8 L/yr - ₹3.1 L/yr

Last Updated: 3 Sep 2024

Personalize below salary insights based on your work experience. Add your work exp.

Companies similar to L&T Finance for Collection Officer

Company name Avg Annual Salary Open Jobs
Logo
HDFC Bank Collection Officer Salary

0 - 8 years exp. (390 salaries)

2.5 Lakhs

₹1.2 L/yr - ₹4 L/yr

arrow icon 9% more
1 job opening
Logo
ICICI Bank Collection Officer Salary

2 - 6 years exp. (76 salaries)

2.5 Lakhs

₹1.2 L/yr - ₹3.6 L/yr

arrow icon 12% more
Logo
Axis Bank Collection Officer Salary

1 - 6 years exp. (18 salaries)

2.5 Lakhs

₹1.5 L/yr - ₹3.8 L/yr

arrow icon 10% more
2.6 Lakhs

₹1.6 L/yr - ₹3.7 L/yr

arrow icon 17% more
Logo
Bajaj Finance Collection Officer Salary

0 - 8 years exp. (192 salaries)

3.6 Lakhs

₹1.1 L/yr - ₹5.6 L/yr

arrow icon 60% more
Logo
IndusInd Bank Collection Officer Salary

0 - 8 years exp. (89 salaries)

2.7 Lakhs

₹1.4 L/yr - ₹4.5 L/yr

arrow icon 19% more
Logo
Tata Capital Collection Officer Salary

1 - 10 years exp. (50 salaries)

3.4 Lakhs

₹2 L/yr - ₹4.6 L/yr

arrow icon 49% more
1 job opening
3.9 Lakhs

₹2.5 L/yr - ₹4.8 L/yr

arrow icon 74% more
Logo
IDFC FIRST Bank Collection Officer Salary

0 - 8 years exp. (98 salaries)

2.6 Lakhs

₹1.5 L/yr - ₹4 L/yr

arrow icon 15% more
Logo
Mahindra Finance Collection Officer Salary

1 - 10 years exp. (151 salaries)

2.9 Lakhs

₹1.5 L/yr - ₹4.8 L/yr

arrow icon 31% more
2.6 Lakhs

₹1.7 L/yr - ₹3.7 L/yr

arrow icon 16% more
2.7 Lakhs

₹1.5 L/yr - ₹4 L/yr

arrow icon 19% more
Logo
SMFG India Credit Collection Officer Salary

0 - 7 years exp. (93 salaries)

3.1 Lakhs

₹1.4 L/yr - ₹6.2 L/yr

arrow icon 38% more
Logo
IIFL Finance Collection Officer Salary

0 - 7 years exp. (68 salaries)

3 Lakhs

₹2.1 L/yr - ₹4.2 L/yr

arrow icon 35% more
Logo
TVS Credit Collection Officer Salary

0 - 8 years exp. (60 salaries)

2.6 Lakhs

₹1.4 L/yr - ₹5.2 L/yr

arrow icon 18% more
Logo
Poonawalla Fincorp Collection Officer Salary

3 - 9 years exp. (51 salaries)

2.6 Lakhs

₹1.8 L/yr - ₹3.6 L/yr

arrow icon 16% more
Logo
Shriram Finance Collection Officer Salary

0 - 8 years exp. (43 salaries)

3 Lakhs

₹1.1 L/yr - ₹4.5 L/yr

arrow icon 34% more
Logo
IDFC FIRST Bharat Collection Officer Salary

0 - 4 years exp. (26 salaries)

2.3 Lakhs

₹1.2 L/yr - ₹4 L/yr

arrow icon 2% more
2.3 Lakhs

₹1.9 L/yr - ₹3.1 L/yr

arrow icon 2% more
Logo
Manappuram Finance Collection Officer Salary

1 - 5 years exp. (18 salaries)

3.3 Lakhs

₹2.4 L/yr - ₹4.5 L/yr

arrow icon 48% more
View all
Average L&T Finance Collection Officer salary in India is ₹2.2 Lakhs per year for employees with experience between 1 year to 7 years. Collection Officer salary at L&T Finance ranges between ₹1.2 Lakh to ₹3.9 Lakhs per year. Salary estimates are based on 311 latest salaries received from various employees of L&T Finance.

Latest annual salaries shared by L&T Finance Collection Officer

4d ago
2.9 Lakhs
4 years exp.
5d ago
1.9 Lakh
6 years exp.
1w ago
1.5 Lakh
3 years exp.
4w ago
1.5 Lakh
3 years exp.
1mo ago
3.8 Lakhs
6 years exp.
1mo ago
2.8 Lakhs
1 year exp.
1mo ago
3 Lakhs
6 years exp.
1mo ago
2.3 Lakhs
3 years exp.
1mo ago
2.4 Lakhs
6 years exp.
2mo ago
2.1 Lakhs
3 years exp.

Experience wise L&T Finance Collection Officer salaries

Last Updated: 3 Sep 2024

Experience Avg Annual Salary
1 year (41 salaries)

2.1 Lakhs

(₹1.4 L/yr - ₹3.1 L/yr)
2 years (64 salaries)

2.2 Lakhs

(₹1.3 L/yr - ₹3.6 L/yr)
3 years (59 salaries)

2.2 Lakhs

(₹1.2 L/yr - ₹3.5 L/yr)
4 years (59 salaries)

2.2 Lakhs

(₹1.3 L/yr - ₹3.5 L/yr)
5 years (50 salaries)

2.3 Lakhs

(₹1.6 L/yr - ₹3.9 L/yr)
View all

Collection Officer salaries sourced from jobs posted by L&T Finance

Last Updated: 28 Dec 2023

Experience Avg Annual Salary
0 - 2 years exp 0.8 - ₹ 1.3 Lakh
2 - 4 years exp 1 - ₹ 2.3 Lakhs
4 - 6 years exp 1.5 - ₹ 2 Lakhs

Similar Designation salaries in L&T Finance

6.1 Lakhs
₹2.4 L/yr - ₹9.85 L/yr
2.6 Lakhs
₹1.7 L/yr - ₹3.45 L/yr
2.1 Lakhs
₹1.9 L/yr - ₹2.2 L/yr
Sales Officer Salary
(191 salaries)
2.1 Lakhs
₹1.25 L/yr - ₹3.5 L/yr
2.1 Lakhs
₹1.8 L/yr - ₹2.25 L/yr
Field Officer Salary
(98 salaries)
2.0 Lakhs
₹1.35 L/yr - ₹3.8 L/yr
2.1 Lakhs
₹2 L/yr - ₹2.15 L/yr
7.5 Lakhs
₹3.5 L/yr - ₹12 L/yr
Officer Salary
(36 salaries)
2.2 Lakhs
₹1.2 L/yr - ₹3.15 L/yr
2.0 Lakhs
₹1.15 L/yr - ₹3.1 L/yr

Top skills at L&T Finance for Collection Officer

Collections Finance Payment Collection Microfinance Collection Management Banking Recovery Debt Recovery Credit Collection Sales Financial Services

Salary related reviews for L&T Finance

3.9 Rated by 167 employees for salary and benefits

Collection Officer in Jabalpur

Full Time

 · 

Finance & Accounting Department

4.0
posted on 05 Mar 2023

1.0 for Salary and Benefits

Likes

L and me Collection officer ki job me salary bhut kam hai traget pura karne k baad bhi incentive nahi aata loan dena bhi band kar diya

read more

Dislikes

Work theek salary bhut jyda kam h jesa naam hai wesi bilkul nahi hai

Collection Officer in Kolkata

Full Time

 · 

Finance & Accounting Department

5.0
posted on 02 Dec 2021

3.0 for Salary and Benefits

Likes

Very bad work environment.Teammates are supportive but management are not support any time.company appraisal is very very bad.no good salary & no bonus..

read more

Dislikes

Career growth is very slow..actually lot of politics..no increments &no salary increase

read more

Collection Officer in Bihar Sharif

Finance & Accounting Department

5.0
posted on 06 Apr 2021

5.0 for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign on the job training is not given to new joining l

read more

Collection Officer in Kumta

Finance & Accounting Department

5.0
posted on 06 Feb 2021

5.0 for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees

read more

Collection Officer in Patna

Finance & Accounting Department

5.0
posted on 01 Mar 2021

5.0 for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year

read more

Dislikes

There is a lot of politics and the management doesn't address aur issues salary is decent but career growth is slow there is a bond of 2 years before which you cannot resing. On the job training is not given to new joiners.

read more
see more salary related reviews

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L&T Finance Collection Officer Salary FAQs

What is the salary of Collection Officer at L&T Finance?
Average L&T Finance Collection Officer salary in India is ₹2.2 Lakhs for experience between 1 years to 7 years. Collection Officer salary at L&T Finance India ranges between ₹1.2 Lakhs to ₹3.9 Lakhs. According to our estimates it is 16% less than the average Collection Officer Salary in India. Salary estimates are based on 311 latest salaries received from various employees of L&T Finance India.
How does the salary of a Collection Officer at L&T Finance India compare with the average salary range for this job?
The average salary of a Collection Officer at L&T Finance is ₹2.2 Lakhs per year which is 16% less than average salary of a Collection Officer in India which receives a salary of ₹2.7 Lakhs per year.
What are the top skills required to work as a Collection Officer at L&T Finance?
Collections, Finance, Payment Collection, Microfinance and Collection Management are some of the popular skills required to work as a Collection Officer at L&T Finance India.
Which similar companies are paying more than L&T Finance to a Collection Officer in India?
  • Aditya Birla Finance Collection Officer Salary - 3.9 Lakhs per year
  • Bajaj Finance Collection Officer Salary - 3.6 Lakhs per year
  • Aditya Birla Capital Collection Officer Salary - 3.5 Lakhs per year
  • Tata Capital Collection Officer Salary - 3.4 Lakhs per year
  • Manappuram Finance Collection Officer Salary - 3.3 Lakhs per year
What is the salary of a Collection Officer in companies similar to L&T Finance in India?
  • Capri Global Capital Collection Officer Salary - 3.3 Lakhs per year
  • SMFG India Credit Collection Officer Salary - 3.1 Lakhs per year
  • IIFL Finance Collection Officer Salary - 3.0 Lakhs per year
  • Shriram Finance Collection Officer Salary - 3.0 Lakhs per year
  • Mahindra Finance Collection Officer Salary - 2.9 Lakhs per year
What is the estimated take home salary of a Collection Officer at L&T Finance in India?
The estimated take home salary of a Collection Officer at L&T Finance ranges between ₹15,569 per month to ₹17,186 per month in India. The take home salary calculation is based on the average L&T Finance Collection Officer salary in India which is ₹2.2 Lakhs per year for employees with experience between 1 years to 7 years Check how did we calculate take home salary?
How much salary L&T Finance as an employer is offering to a Collection Officer in India?
L&T Finance is offering a Collection Officer a salary in the range of 0.8 L/yr to 2.3 L/yr with experience ranging between 0 to 6 years of experience. Salary Estimates are based on the jobs submitted by L&T Finance
What is the notice period for Collection Officer at L&T Finance?
According to AmbitionBox, 74% of the L&T Finance Collection Officers reported a notice period of 1 Month, 17% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 297 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

L&T Finance Collection Officer salary in India ranges between ₹₹1.2 Lakh to ₹₹3.9 Lakhs with an average annual salary of ₹₹2.2 Lakhs. Salary estimates are based on 311 L&T Finance latest salaries received from various employees of L&T Finance.