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4.0

based on 3.1k Reviews

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L&T Finance Collections Manager salaries in India with 4 - 12 years exp.

Avg. annual salary

6 Lakhs info icon
(₹2.5 L/yr - ₹9.8 L/yr)

Monthly in-hand salary

45,608 - ₹ 46,690 info icon

9% more than the average Collections Manager Salary in NBFC Companies for 4 - 12 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Collections Manager Salary
4 - 12 years exp. (42 salaries)
6.5 Lakhs

₹2.7 L/yr - ₹8.5 L/yr

Finance & Accounting
Collections Manager Salary
4 - 12 years exp. (37 salaries)
6.7 Lakhs

₹2.5 L/yr - ₹9.8 L/yr

Customer Success, Service & Operations
Collections Manager Salary
6 - 10 years exp. (8 salaries)
5.8 Lakhs

₹3.6 L/yr - ₹8.5 L/yr

Sales & Business Development
Collections Manager Salary
7 - 9 years exp. (3 salaries)
5 Lakhs

₹3 L/yr - ₹5.8 L/yr

Risk Management & Compliance
Collections Manager Salary
5 - 7 years exp. (3 salaries)
6.7 Lakhs

₹5.7 L/yr - ₹8 L/yr

Last Updated: 13 Sep 2024

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

Companies similar to L&T Finance for Collections Manager

Company name Avg Annual Salary Open Jobs
Logo
HDFC Bank Collections Manager Salary

0 - 18 years exp. (867 salaries)

6.2 Lakhs

₹2 L/yr - ₹10.5 L/yr

arrow icon 4% more
1 job opening
Logo
ICICI Bank Collections Manager Salary

3 - 15 years exp. (147 salaries)

7.3 Lakhs

₹2.8 L/yr - ₹11 L/yr

arrow icon 21% more
Logo
Axis Bank Collections Manager Salary

6 - 18 years exp. (268 salaries)

8.3 Lakhs

₹3.6 L/yr - ₹13.7 L/yr

arrow icon 38% more
6.3 Lakhs

₹5.4 L/yr - ₹6.7 L/yr

arrow icon 5% more
Logo
Kotak Mahindra Bank Collections Manager Salary

3 - 15 years exp. (220 salaries)

6.1 Lakhs

₹1.8 L/yr - ₹10 L/yr

arrow icon 2% more
Logo
IndusInd Bank Collections Manager Salary

4 - 16 years exp. (180 salaries)

6.3 Lakhs

₹2.6 L/yr - ₹10 L/yr

arrow icon 6% more
Logo
Yes Bank Collections Manager Salary

3 - 15 years exp. (122 salaries)

7.8 Lakhs

₹3.2 L/yr - ₹12 L/yr

arrow icon 31% more
Logo
IDFC FIRST Bank Collections Manager Salary

1 - 11 years exp. (478 salaries)

6.5 Lakhs

₹2.2 L/yr - ₹10.6 L/yr

arrow icon 8% more
Logo
RBL Bank Collections Manager Salary

2 - 11 years exp. (49 salaries)

5.3 Lakhs

₹2.4 L/yr - ₹9 L/yr

arrow icon 12% less
Logo
Bank of Baroda Collections Manager Salary

6 - 18 years exp. (7 salaries)

7.2 Lakhs

₹4.5 L/yr - ₹11 L/yr

arrow icon 19% more
Logo
Federal Bank Collections Manager Salary

4 - 6 years exp. (5 salaries)

6.7 Lakhs

₹5.7 L/yr - ₹8 L/yr

arrow icon 11% more
Logo
IDBI Bank Collections Manager Salary

13 - 14 years exp. (3 salaries)

20.7 Lakhs

₹20 L/yr - ₹22 L/yr

arrow icon 244% more
Logo
Karur Vysya Bank Collections Manager Salary

5 - 10 years exp. (4 salaries)

6.4 Lakhs

₹4.8 L/yr - ₹7.5 L/yr

arrow icon 7% more
Logo
DBS Bank Collections Manager Salary

13 - 15 years exp. (3 salaries)

8.8 Lakhs

₹4.4 L/yr - ₹14 L/yr

arrow icon 47% more
Logo
Bajaj Finance Collections Manager Salary

0 - 10 years exp. (268 salaries)

4.3 Lakhs

₹1.3 L/yr - ₹7.3 L/yr

arrow icon 28% less
Logo
Tata Capital Collections Manager Salary

3 - 13 years exp. (394 salaries)

6.3 Lakhs

₹3.1 L/yr - ₹9.5 L/yr

arrow icon 5% more
13 job openings
Logo
Shriram Finance Collections Manager Salary

4 - 10 years exp. (193 salaries)

4.1 Lakhs

₹1.5 L/yr - ₹7.4 L/yr

arrow icon 32% less
Logo
SMFG India Credit Collections Manager Salary

4 - 10 years exp. (189 salaries)

4.7 Lakhs

₹2.2 L/yr - ₹8.3 L/yr

arrow icon 22% less
2.9 Lakhs

₹1.1 L/yr - ₹5.5 L/yr

arrow icon 51% less
1 job opening
Logo
Kotak Mahindra Prime Collections Manager Salary

3 - 10 years exp. (114 salaries)

4.2 Lakhs

₹2.3 L/yr - ₹7.9 L/yr

arrow icon 29% less
View all
Average L&T Finance Collections Manager salary in India is ₹6 Lakhs per year for employees with experience between 4 years to 12 years. Collections Manager salary at L&T Finance ranges between ₹2.5 Lakhs to ₹9.8 Lakhs per year. Salary estimates are based on 114 latest salaries received from various employees of L&T Finance.
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Latest annual salaries shared by L&T Finance Collections Manager

3d ago
5.3 Lakhs
12 years exp.
5d ago
6.5 Lakhs
5 years exp.
1w ago
6 Lakhs
8 years exp.
2w ago
9.8 Lakhs
10 years exp.
3w ago
7.4 Lakhs
9 years exp.
3w ago
6.4 Lakhs
11 years exp.
3w ago
8 Lakhs
7 years exp.
1mo ago
6.5 Lakhs
4 years exp.
1mo ago
6.3 Lakhs
5 years exp.
1mo ago
5.5 Lakhs
10 years exp.

Experience wise L&T Finance Collections Manager salaries

Last Updated: 13 Sep 2024

Experience Avg Annual Salary
4 years (14 salaries)

5.2 Lakhs

(₹2.5 L/yr - ₹6.5 L/yr)
5 years (20 salaries)

5.4 Lakhs

(₹2.7 L/yr - ₹7.5 L/yr)
6 years (17 salaries)

5.6 Lakhs

(₹3.5 L/yr - ₹8.3 L/yr)
7 years (17 salaries)

5.8 Lakhs

(₹3.6 L/yr - ₹8.6 L/yr)
8 years (13 salaries)

6 Lakhs

(₹3.6 L/yr - ₹9.4 L/yr)
View all

Collections Manager salaries sourced from jobs posted by L&T Finance

Last Updated: 11 Jan 2021

Experience Avg Annual Salary
2 - 4 years exp 3 - ₹ 3.3 Lakhs
4 - 6 years exp 4 - ₹ 4 Lakhs
6 - 8 years exp 5.5 - ₹ 6.2 Lakhs
8 - 10 years exp 6.8 - ₹ 7.4 Lakhs
10 - 11 years exp 8 - ₹ 8 Lakhs

Similar Designation salaries in L&T Finance

2.3 Lakhs
₹1.2 L/yr - ₹3.85 L/yr
7.6 Lakhs
₹3.5 L/yr - ₹12 L/yr
40.8 Lakhs
₹26.5 L/yr - ₹50.55 L/yr
2.1 Lakhs
₹1.9 L/yr - ₹2.2 L/yr
5.1 Lakhs
₹3 L/yr - ₹6.7 L/yr
6.4 Lakhs
₹4.2 L/yr - ₹8.1 L/yr
6.0 Lakhs
₹2.4 L/yr - ₹10.62 L/yr
Recovery Manager Salary
(AmbitionBox Estimate)
4.8 Lakhs
₹4.2 L/yr - ₹5.4 L/yr
Debt Manager Salary
(AmbitionBox Estimate)
7.6 Lakhs
₹6.7 L/yr - ₹8.5 L/yr
Branch Manager Salary
(237 salaries)
4.4 Lakhs
₹2.2 L/yr - ₹6 L/yr

Top skills at L&T Finance for Collections Manager

Collection Management Collections Recovery Home Loans Mortgage Loans housing finance

Salary related reviews for L&T Finance

4.5 Rated by 53 employees for salary and benefits

Branch Manager in Kusheshwar Asthan

Full Time

 · 

Sales & Business Development Department

4.0
posted on 06 Aug 2024

4.0 for Salary and Benefits

Likes

When I was working in L&T finance I was feeling very good, I got promotion and salary benefits

read more

Dislikes

I am telling you what happened to me, low level bosses make us work as per their wish, why is it not wrong, on small matters they tell us to resign.

read more

Branch Manager in Kochi

Full Time

 · 

Other Department

1.0
posted on 01 Jul 2024

1.0 for Salary and Benefits

Likes

Nothing here to be liked

Dislikes

...ated people to save their job. If you complaints, you will be their next target. Mandatory yearly bonus is a part of your salary. Actually its not given. Always cutting your incentives.

read more

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

Area Collection Manager in Nagpur

Full Time

 · 

BFSI, Investments & Trading Department

4.0
posted on 25 Jan 2020

4.0 for Salary and Benefits

Likes

Good organization..gives u chance for self improvement.easy policies.compensation n incentives are good.work life balance.

read more

Dislikes

Only insecurity feels about job guarantee...company having bad history to sack employees.

see more salary related reviews

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L&T Finance Collections Manager Salary FAQs

What is the salary of Collections Manager at L&T Finance?
Average L&T Finance Collections Manager salary in India is ₹6.0 Lakhs for experience between 4 years to 12 years. Collections Manager salary at L&T Finance India ranges between ₹2.5 Lakhs to ₹9.8 Lakhs. According to our estimates it is 9% more than the average Collections Manager Salary in India. Salary estimates are based on 114 latest salaries received from various employees of L&T Finance India.
How does the salary of a Collections Manager at L&T Finance India compare with the average salary range for this job?
The average salary of a Collections Manager at L&T Finance is ₹6.0 Lakhs per year which is 9% more than average salary of a Collections Manager in India which receives a salary of ₹5.5 Lakhs per year.
What are the top skills required to work as a Collections Manager at L&T Finance?
Collection Management, Collections, Recovery, Home Loans and Mortgage Loans are some of the popular skills required to work as a Collections Manager at L&T Finance India.
Which similar companies are paying more than L&T Finance to a Collections Manager in India?
  • IDBI Bank Collections Manager Salary - 20.7 Lakhs per year
  • DBS Bank Collections Manager Salary - 8.8 Lakhs per year
  • Axis Bank Collections Manager Salary - 8.3 Lakhs per year
  • Yes Bank Collections Manager Salary - 7.8 Lakhs per year
  • ICICI Bank Collections Manager Salary - 7.3 Lakhs per year
What is the salary of a Collections Manager in companies similar to L&T Finance in India?
  • Bank of Baroda Collections Manager Salary - 7.2 Lakhs per year
  • LendingKart Collections Manager Salary - 7.1 Lakhs per year
  • Federal Bank Collections Manager Salary - 6.7 Lakhs per year
  • IDFC FIRST Bank Collections Manager Salary - 6.5 Lakhs per year
  • Karur Vysya Bank Collections Manager Salary - 6.4 Lakhs per year
What is the estimated take home salary of a Collections Manager at L&T Finance in India?
The estimated take home salary of a Collections Manager at L&T Finance ranges between ₹45,608 per month to ₹46,690 per month in India. The take home salary calculation is based on the average L&T Finance Collections Manager salary in India which is ₹6.0 Lakhs per year for employees with experience between 4 years to 12 years Check how did we calculate take home salary?
How much salary L&T Finance as an employer is offering to a Collections Manager in India?
L&T Finance is offering a Collections Manager a salary in the range of 3 L/yr to 8 L/yr with experience ranging between 2 to 11 years of experience. Salary Estimates are based on the jobs submitted by L&T Finance
What is the notice period for Collections Manager at L&T Finance?
According to AmbitionBox, 86% of the L&T Finance Collections Managers reported a notice period of 3 Months, 7% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 150 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

L&T Finance Collections Manager salary in India ranges between ₹₹2.5 Lakhs to ₹₹9.8 Lakhs with an average annual salary of ₹₹6 Lakhs. Salary estimates are based on 114 L&T Finance latest salaries received from various employees of L&T Finance.