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Annual salary range
1 - 7 years exp.
₹1.3
Lakh - ₹3.9
Lakhs
Salary of majority employees
Avg. annual salary
Monthly In-hand Salary
Collection Officer Salary at L&T Finance ranges between ₹1.3 Lakh to ₹3.9 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 288 latest salaries received from...
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16% less than the average Collection Officer Salary in NBFC Companies for 1 - 7 years of experience
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Companies similar to L&T Finance for Collection Officer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDB Financial Services Collection Officer Salary
0 - 8 years exp. (812 salaries) |  ₹1.4 L/yr - ₹3.8 L/yr 
4%
more | 2 job openings |
 Sammaan Capital Limited Collection Officer Salary
1 - 8 years exp. (229 salaries) | ₹1.7 L/yr - ₹4 L/yr
20%
more | |
Login to view exact salary
| ||
 Mahindra Finance Collection Officer Salary
1 - 8 years exp. (149 salaries) | ₹1.5 L/yr - ₹4.5 L/yr
21%
more | |
 Bajaj Finance Collection Officer Salary
1 - 8 years exp. (156 salaries) | ₹2 L/yr - ₹6.3 L/yr
58%
more | |
 SMFG India Credit Collection Officer Salary
0 - 8 years exp. (112 salaries) | ₹1.9 L/yr - ₹5 L/yr
38%
more | |
 IIFL Finance Collection Officer Salary
1 - 6 years exp. (45 salaries) | ₹1.8 L/yr - ₹4.2 L/yr
27%
more | |
 Poonawalla Fincorp Collection Officer Salary
0 - 10 years exp. (66 salaries) | ₹1.8 L/yr - ₹3.6 L/yr
11%
more | |
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| ||
 TVS Credit Collection Officer Salary
2 - 8 years exp. (49 salaries) | ₹1.5 L/yr - ₹4.6 L/yr
19%
more | |
 Shriram Finance Collection Officer Salary
2 - 9 years exp. (44 salaries) | ₹1.9 L/yr - ₹4.5 L/yr
40%
more | |
 Five-Star Business Finance Collection Officer Salary
1 - 8 years exp. (43 salaries) | ₹2.3 L/yr - ₹4 L/yr
41%
more | |
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| ||
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L&T Finance Collection Officer
Salary and Career Growth
From
To
Collection Officer
1 - 7 years exp.
Collections Executive
2 - 9 years exp.
Disclaimer: Our data limits
the visualization of this career path at this point. However, other roles and
opportunities might be available within the organization beyond what is shown
here.
Latest annual salaries shared by L&T Finance Collection Officer
6d ago
₹2.4
Lakhs
6
years
exp.
1w ago
₹2.4
Lakhs
1
year
exp.
2w ago
₹2.8
Lakhs
5
years
exp.
2w ago
₹2
Lakhs
3
years
exp.
2w ago
₹2.3
Lakhs
6
years
exp.
2mo ago
6
years
exp.
2mo ago
2
years
exp.
3mo ago
5
years
exp.
3mo ago
2
years
exp.
3mo ago
7
years
exp.
L&T Finance Collection Officer salaries by
| Years of experience | Avg. annual salary |
|---|---|
| 1 year (28 salaries) |
₹1.3
L/yr
- ₹3
L/yr
|
| 2 years (58 salaries) |
₹1.3
L/yr
- ₹3.5
L/yr
|
Login to view exact salary
| |
| 3 years (55 salaries) |
₹1.3
L/yr
- ₹3.3
L/yr
|
| 4 years (55 salaries) |
₹1.3
L/yr
- ₹3.6
L/yr
|
| 5 years (53 salaries) |
₹1.6
L/yr
- ₹3.9
L/yr
|
View all salaries by experience
Similar Designation Salaries at L&T Finance
| Similar Designation | Avg. annual salary |
|---|---|
Collections Manager Salary
(184 salaries)
| ₹2.4 L/yr - ₹9.4 L/yr |
Senior Collection Officer Salary
(35 salaries)
| ₹1.7 L/yr - ₹3.6 L/yr |
Login to view exact salary
| |
Collection Associate Salary
(4 salaries)
| ₹1.9 L/yr - ₹4.8 L/yr |
Sales Officer Salary
(327 salaries)
| ₹1.2 L/yr - ₹4.2 L/yr |
Relationship Officer Salary
(14 salaries)
| ₹1.8 L/yr - ₹3 L/yr |
View more similar designations
Top trending discussions
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Salary Discussions, Hike & Promotions
6d
a full stack developer
No Salary Discussion in My Appraisal — What’s Your Experience?
In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me.
I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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Salary related reviews for L&T Finance
L&T Finance Collection Officer Salary FAQs
What is the salary of Collection Officer at L&T Finance ?
The average salary of a Collection Officer at L&T Finance in India typically ranges from ₹1.3 Lakhs to ₹3.9 Lakhs per year, depending on experience (from 1 year to 7 years).
The top 10% of Collection Officer at L&T Finance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Collection Officer Salaries at L&T Finance 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 200+ L&T Finance employees in India.
The top 10% of Collection Officer at L&T Finance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Collection Officer Salaries at L&T Finance 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 200+ L&T Finance employees in India.
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 in India typically ranges from ₹16,150 to ₹17,817 per month. This is based on the average salary range of
₹1.3 Lakhs to ₹3.9 Lakhs
per year for employees with experience ranging from 1 year to 7 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 200+ salaries received from various employees of L&T Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Collection Officer at L&T Finance ?
To be a Collection Officer at L&T Finance in india, the key skills required include:
These skills are highly valued at L&T Finance and are crucial for successful performance in a Software Engineering role.
- - Collections
- - Finance
- - Customer Service
- - Team Management
- - Collection Management
These skills are highly valued at L&T Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than L&T Finance for Collection Officer in India?
| John Deere Financial | ₹3.0 Lakhs to ₹5.9 Lakhs per year |
| Bajaj Finance | ₹2.0 Lakhs to ₹6.3 Lakhs per year |
| Tata Capital Housing Finance | ₹2.8 Lakhs to ₹4.6 Lakhs per year |
| Capri Global Capital | ₹2.7 Lakhs to ₹4.0 Lakhs per year |
| Five-Star Business Finance | ₹2.3 Lakhs to ₹4.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by L&T Finance, depending on the role and experience level.
What is the salary of a Collection Officer in companies similar to L&T Finance in India?
The salary of a Collection Officer at companies similar to L&T Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Manappuram Finance | ₹2.9 Lakhs to ₹4.5 Lakhs per year |
| Shriram Finance | ₹1.9 Lakhs to ₹4.5 Lakhs per year |
| SMFG India Credit | ₹1.9 Lakhs to ₹5.0 Lakhs per year |
| IIFL Finance | ₹1.8 Lakhs to ₹4.2 Lakhs per year |
| PNB Housing Finance | ₹2.3 Lakhs to ₹3.5 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 Collection Officer at L&T Finance in India?
The salary growth for a Collection Officer at L&T Finance depends on factors such as experience, performance, and promotions. On average, a Collection Officer can expect the following growth trajectory at L&T Finance:
and so on.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹1.3 Lakhs to ₹3.0 Lakhs per year |
| 2 years | ₹1.3 Lakhs to ₹3.5 Lakhs per year |
| 3 years | ₹1.3 Lakhs to ₹3.3 Lakhs per year |
| 4 years | ₹1.3 Lakhs to ₹3.6 Lakhs per year |
Top skills at L&T Finance for Collection Officer
Customer Service
Analytical
Negotiation
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L&T Finance Collection Officer Salaries by Location
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L&T Finance Collection Officer salary
in
India
ranges between ₹1.3
Lakh to ₹3.9
Lakhs with an average annual salary of
₹. Salary estimates are based on
288
L&T Finance latest salaries received from various employees of
L&T Finance.