Collection Officer
Annual salary range
₹1.5 Lakh - ₹4 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 BFSI, Investments & Trading Department in India
based on 1.7k
latest salaries
• updated:
21 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
(209
salaries)
|  ₹1.5 L/yr - ₹4 L/yr |
2
years
(330
salaries)
| ₹1.5 L/yr - ₹4 L/yr |
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| |
3
years
(371
salaries)
| ₹1.5 L/yr - ₹4 L/yr |
4
years
(306
salaries)
| ₹1.5 L/yr - ₹4 L/yr |
5
years
(256
salaries)
| ₹1.5 L/yr - ₹4 L/yr |
View all salaries by experience
Collection Officer Salary in
India ranges between ₹1.5
Lakh to ₹4
Lakhs for
1 year of experience to 7 years of experience
. Salary estimates are based on
1.7k latest salaries received
from Collection Officer.
See latest 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 |
|---|---|---|
1 -
6
yrs
exp.
(29 salaries)
|
₹1.5 L/yr - ₹3.5 L/yr | |
1 -
7
yrs
exp.
(28 salaries)
|
₹2 L/yr - ₹3.5 L/yr | |
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| ||
0 -
6
yrs
exp.
(28 salaries)
|
₹1.9 L/yr - ₹3.1 L/yr | |
0 -
9
yrs
exp.
(27 salaries)
|
₹1.9 L/yr - ₹3.6 L/yr | |
0 -
7
yrs
exp.
(27 salaries)
|
₹1.2 L/yr - ₹3.3 L/yr | |
0 -
7
yrs
exp.
(26 salaries)
|
₹1.9 L/yr - ₹3.3 L/yr | |
2 -
7
yrs
exp.
(24 salaries)
|
₹1.8 L/yr - ₹3.8 L/yr | |
2 -
6
yrs
exp.
(22 salaries)
|
₹1.3 L/yr - ₹3.6 L/yr | |
Login to view exact salary
| ||
1 -
8
yrs
exp.
(22 salaries)
|
₹1.5 L/yr - ₹3.8 L/yr | 1 job opening |
1 -
6
yrs
exp.
(21 salaries)
|
₹2 L/yr - ₹5 L/yr | |
Collection Officer Jobs in India
Collection Officer
· 1-6 years
Larsen & Toubro (L&T)
₹1.8
L/yr
- ₹2.5
L/yr
Rayagada
Collection Officer
· 2-5 years
HDB Financial Services
₹2
L/yr
- ₹4
L/yr
Mahbubnagar
Collection Officer
· 1-4 years
Tata Capital Ltd
Jangaon
Similar Designation Salaries for Collection Officer
| Designations | Avg Annual Salary |
|---|---|
Collections Manager Salary
3 -
13
years
exp.
(8.7k salaries)
| ₹2.5 L/yr - ₹9 L/yr |
Senior Collection Officer Salary
2 -
9
years
exp.
(1.4k salaries)
| ₹1.9 L/yr - ₹5 L/yr |
Login to view exact salary
| |
Sales Officer Salary
1 -
10
years
exp.
(81.5k salaries)
| ₹1.6 L/yr - ₹6.3 L/yr |
Collection Associate Salary
0 -
8
years
exp.
(1.3k salaries)
| ₹1.7 L/yr - ₹5 L/yr |
Field Officer Salary
1 -
9
years
exp.
(8.6k salaries)
| ₹1 L/yr - ₹5.3 L/yr |
View more similar designations
Salary related reviews by similar designations like Collection Officer
Five-Star Business Finance
Collection Officer
• posted on 20 Sep 2024
Likes
package
Dislikes
They provide decent salary and incentive and we didn't get it properly coz we should funding our incentive and salary to customers and it doesn't come to you anyway .we should funding for abscond and some uninsured death customers too.
read moreBajaj Finserv
Sales Officer
• posted on 07 Nov 2024
Likes
Salary on time
Dislikes
No work Life balance no week off no holiday you have to work even on national holiday and no timing you have toh check in before 10 am but no limit to check out
read moreHDFC Bank
Collections Manager
• posted on 13 Nov 2024
Likes
Working Hours (9:30 to 5:30 some time 9:30 to 7:30(occasionally) Work Pressure is very low in debt recovery or collections department if, you compare the same with other companies. Job security
read moreDislikes
Salary increment (3 rating 4%, 2 rating 5 to 6%, 1 rating 7% to 9 % approximately) Bonus structure
read moreHDB Financial Services
Sales Officer
• posted on 29 Sep 2024
Likes
Working in Hdb is very good 😊 Easy Loans Quick Process Good Environment Good incentive And etc
Dislikes
...n pressure and customer don't pay emi you self fund on emi and pay customer emi. Where employee is 10k salary where he pay customer emi this thing is worst.Then senior Demanding Higher Targets Example - Your new joined and your 1st month Target is 10 lakh and you achieved target senior Demanding next month 20 lakh and your not achieved target senior denied you to take leave and 1st Saturday Sunday is off senior say doing work in market.Company Is continue doing work on Saturday Sunday all employees are frusted there is no social and life balance.There Is very office Politics.Where some employees doing nothing senior don't say anything there employees all target pending login pending and collection pending those employees Senior Don't say anything and some employee doing 1 loan in month and some do many more but who did more company demand more and who don't do more company don't want more.this is very big problem in this company.There is no Senior Support Who talk upper level senior for discussion some case.All thing Doing self Login to Disbursement .Customer Service Is very worst .
read moreShriram Finance
Collections Manager
• posted on 14 Oct 2024
Likes
I have very big opportunity with Shriram Like salary satisfaction, leave taken and many other benifits.
read moreDislikes
Seniors culture vary bad
Top 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.
| ₹1.9 L/yr - ₹4.4 L/yr |
Login to view exact salary
| |
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 - ₹4.2 L/yr |
View More
Collection Officer Salary By 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 - ₹4.1 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 ₹1.5 Lakhs to ₹4.0 Lakhs per year. Salary estimates are based on 1.7k 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
- Aditya Birla Finance Collection Officer Salary - ₹3.9 Lakhs per year
- Bajaj Auto 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 ₹1.5 Lakhs per year (₹12.5k 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
- Banking - ₹0.2 Lakhs to 15.0 Lakhs per year
- NBFC - ₹0.5 Lakhs to 6.6 Lakhs per year
What are the top paying cities for Collection Officer in India?
- Pune - ₹0.1 Lakhs to 388.0 Lakhs per year
- Bangalore / Bengaluru - ₹0.1 Lakhs to 20.0 Lakhs per year
- New Delhi - ₹0.1 Lakhs to 25.0 Lakhs per year
- Mumbai - ₹0.1 Lakhs to 45.0 Lakhs per year
- Kolkata - ₹0.1 Lakhs to 20.0 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 40 jobs posted by employers.
- Finance
- Sales
- Collections
- Loan Recovery
- Business Loan
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Collection Officer Interview Questions
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