Collection Officer
Annual salary range
₹1.4 Lakh - ₹3.8 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
Filter salaries byCollection Officer Salary in Industrial Machinery in India
based on 175
latest salaries
• updated:
18 Dec 2024
Select an experience to get the exact salary
Salary of majority employees
Experience wise Collection Officer salaries
| Years of experience | Avg. Annual Salary |
|---|---|
1
year
(25
salaries)
|  ₹1.4 L/yr - ₹3 L/yr |
2
years
(35
salaries)
| ₹1.5 L/yr - ₹3.5 L/yr |
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| |
3
years
(43
salaries)
| ₹1.5 L/yr - ₹3.8 L/yr |
4
years
(26
salaries)
| ₹1.6 L/yr - ₹3.6 L/yr |
5
years
(26
salaries)
| ₹1.5 L/yr - ₹3.6 L/yr |
View all salaries by experience
Collection Officer Salary in
India ranges between ₹1.4
Lakh to ₹3.8
Lakhs for
1 year of experience to 7 years of experience
. Salary estimates are based on
175 latest salaries received
from Collection Officer.
See latest salaries
Collection Officer salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Finance & Accounting
Collection Officer Salary
1 - 7
years
exp.
(53
salaries)
| ₹1.5 L/yr - ₹3.6 L/yr |
Login to view exact salary
| |
BFSI, Investments & Trading
Collection Officer Salary
1 - 7
years
exp.
(28
salaries)
| ₹1.7 L/yr - ₹3.8 L/yr |
View all departments salaries
Explore on this page
Top paying companies
Popular companies
Jobs
available
Similar designations
Salary related reviews
Top interview questions
Latest annual salaries shared by Collection Officers
1d ago
Bandhan Bank
Collection Officer
4 years exp.
2d ago
Bajaj Finance
Collection Officer
6 years exp.
2d ago
John Deere
Collection Officer
5 years exp.
2d ago
HDFC Bank
Collection Officer
4 years exp.
2d ago
HDFC Bank
Collection Officer
3 years exp.
2d ago
Devmuni Leasing Finance
Collection Officer
4 years exp.
2d ago
Sammaan Capital Limited
Collection Officer
5 years exp.
2d ago
Vardavinayaka Business Solutions
Collection Officer
4 years exp.
3d ago
Bharat Sevak Samaj
Collection Officer
1 year exp.
3d ago
JM FINANCIAL HOME LOANS
Collection Officer
3 years exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
2 -
4
yrs
exp.
(3 salaries)
|
₹2.9 L/yr - ₹6 L/yr | |
5 -
7
yrs
exp.
(AmbitionBox Estimate)
|
₹2.6 L/yr - ₹3.3 L/yr | |
Login to view exact salary
| ||
1 yr
exp.
(AmbitionBox Estimate)
|
₹0.7 L/yr - ₹0.9 L/yr | |
20 -
23
yrs
exp.
(AmbitionBox Estimate)
|
₹7.4 L/yr - ₹9.4 L/yr | |
1 -
7
yrs
exp.
(AmbitionBox Estimate)
|
₹4.1 L/yr - ₹5.2 L/yr | |
1 -
2
yrs
exp.
(AmbitionBox Estimate)
|
₹1.8 L/yr - ₹2.3 L/yr | |
5 yrs
exp.
(AmbitionBox Estimate)
|
₹3.6 L/yr - ₹4.7 L/yr | |
3 -
5
yrs
exp.
(AmbitionBox Estimate)
|
₹4.7 L/yr - ₹6 L/yr | |
Login to view exact salary
| ||
8 -
9
yrs
exp.
(AmbitionBox Estimate)
|
₹2.3 L/yr - ₹3 L/yr | |
7 yrs
exp.
(AmbitionBox Estimate)
|
₹16.2 L/yr - ₹20.7 L/yr | |
Collection Officer Jobs in India
Collection Officer
· 1-3 years
HDB Financial Services
Hyderabad / Secunderabad
Collection Officer
· 1-6 years
Larsen & Toubro (L&T)
₹1.8
L/yr
- ₹2.5
L/yr
Rayagada
Collection Officer
· 2-7 years
Tata Capital Ltd
Miryalaguda
Similar Designation Salaries for Collection Officer
| Designations | Avg Annual Salary |
|---|---|
Collections Manager Salary
3 -
13
years
exp.
(75 salaries)
| ₹2.2 L/yr - ₹7.6 L/yr |
Senior Collection Officer Salary
2 -
8
years
exp.
(9 salaries)
| ₹1.6 L/yr - ₹4 L/yr |
Login to view exact salary
| |
Collection Associate Salary
0 -
6
years
exp.
(18 salaries)
| ₹0.8 L/yr - ₹3.3 L/yr |
Sales Officer Salary
1 -
10
years
exp.
(1.5k salaries)
| ₹1.8 L/yr - ₹6 L/yr |
Recovery Officer Salary
1 -
7
years
exp.
(12 salaries)
| ₹1.4 L/yr - ₹3.8 L/yr |
View more similar designations
Salary related reviews by similar designations like Collection Officer
Larsen & Toubro Limited
Sales Officer
• posted on 27 Mar 2018
Likes
Company is good but in salary and incentive slab particular in two wheeler loan is very low, pressure is always to do business.
read moreDislikes
I dislike politics in corporate sector.
Larsen & Toubro Limited
Collection Officer
• posted on 08 Nov 2020
Likes
The company is open to innovation and readily adopts latest technology. I love the fact that Iam a part of a team that markets reliable,high-quality products and has a global client base.As a result, I get to travel abroad, especially to the US and canada.But on- site travel is completely dependent on your project and client's location.Mine is a US bast client and they have some offices in Toronto, hence I got a B1 visa quickly.Another puus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration.I also like the employee re-hire policy here.
read moreDislikes
Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. managers do not value an individuals' unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.
read moreMahindra & Mahindra
Area Collection Manager
• posted on 13 Sep 2020
Likes
ok satisfy to job.
Dislikes
corona time is salary deduction financial problem face last 6 month.others is good.
read moreLarsen & Toubro Limited
Collection Officer
• posted on 08 Apr 2022
Likes
... environment and culture.Teammates are supportive and management is transparent.Company policies are good, salary is good
read moreDislikes
No
Larsen & Toubro Limited
Field Officer
• posted on 21 Apr 2021
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 moreDislikes
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 moreTop skills for Collection Officer
Collection Officer Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Mumbai
Collection Officer
1 -
7
years
exp.
| ₹1.7 L/yr - ₹4 L/yr |
New Delhi
Collection Officer
1 -
7
years
exp.
| ₹1.8 L/yr - ₹4.4 L/yr |
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| |
Kolkata
Collection Officer
1 -
7
years
exp.
| ₹1.4 L/yr - ₹3.6 L/yr |
Bangalore / Bengaluru
Collection Officer
1 -
7
years
exp.
| ₹2 L/yr - ₹5 L/yr |
Chennai
Collection Officer
1 -
7
years
exp.
| ₹1.1 L/yr - ₹4.3 L/yr |
View More
Collection Officer Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Collection Officer
1 -
7
years
exp.
| ₹1.5 L/yr - ₹4 L/yr |
NBFC
Collection Officer
1 -
7
years
exp.
| ₹1.5 L/yr - ₹3.8 L/yr |
Login to view exact salary
| |
Banking
Collection Officer
1 -
7
years
exp.
| ₹1.5 L/yr - ₹3.6 L/yr |
BPO/KPO
Collection Officer
1 -
7
years
exp.
| ₹1.4 L/yr - ₹3.5 L/yr |
FinTech
Collection Officer
1 -
7
years
exp.
| ₹2 L/yr - ₹4 L/yr |
View More
Frequently Asked Questions about Collection Officer Salaries
What is the salary of a Collection Officer in India?
Salary for a Collection Officer in India ranges between ₹1.4 Lakhs to ₹3.8 Lakhs per year. Salary estimates are based on 175 latest salaries received from various Collection Officers across industries.
What are the top paying companies that employ Collection Officers?
- Mashreq Global Services Collection Officer Salary - ₹6.4 Lakhs per year
- Wheels Emi Collection Officer Salary - ₹4.2 Lakhs per year
- Bajaj Auto Collection Officer Salary - ₹4.0 Lakhs per year
- Aditya Birla Finance Collection Officer Salary - ₹3.9 Lakhs per year
- Ugro Capital Collection Officer Salary - ₹3.8 Lakhs per year
What is the starting salary for a Collection Officer in India?
Average starting Salary for Collection Officer in India is around ₹1.4 Lakhs per year (₹11.7k per month). 1 year of minimum experience is required to be a Collection Officer.
What is the highest salary for a Collection Officer in India?
Highest salary that a Collection Officer can earn is ₹9.0 Lakhs per year (₹75.0k per month).
What are the top paying industries for Collection Officer in India?
- Financial Services - ₹0.1 Lakhs to 223.8 Lakhs per year
- FinTech - ₹1.0 Lakhs to 16.0 Lakhs per year
- BPO - ₹0.2 Lakhs to 25.9 Lakhs per year
- NBFC - ₹0.5 Lakhs to 6.6 Lakhs per year
- Banking - ₹0.2 Lakhs to 15.0 Lakhs per year
What are the top paying cities for Collection Officer in India?
- Pune - ₹1.8 Lakhs to 10.0 Lakhs per year
- Bangalore / Bengaluru - ₹2.2 Lakhs to 4.5 Lakhs per year
- New Delhi - ₹0.2 Lakhs to 7.5 Lakhs per year
- Lucknow - ₹2.0 Lakhs to 3.2 Lakhs per year
- Kolkata - ₹1.4 Lakhs to 4.5 Lakhs per year
What are the popular/top skills required to become a Collection Officer?
These are the top skills of a Collection Officer based on 36 jobs posted by employers.
- Finance
- Sales
- Collections
- Loan Recovery
- Business Loan
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Collection Officer Interview Questions
based on 168 interviews
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