Collections Manager
Annual salary range
₹3.2 Lakhs - ₹9.2 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
Filter salaries byCollections Manager Salary in Insurance in India
based on 577
latest salaries
• updated:
19 Jan 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Collections Manager salaries
| Years of experience | Avg. Annual Salary |
|---|---|
3
years
(27
salaries)
|  ₹3.2 L/yr - ₹7 L/yr |
4
years
(49
salaries)
| ₹3.3 L/yr - ₹8 L/yr |
Login to view exact salary
| |
5
years
(63
salaries)
| ₹3.2 L/yr - ₹8 L/yr |
6
years
(60
salaries)
| ₹3.2 L/yr - ₹8.5 L/yr |
7
years
(65
salaries)
| ₹3.2 L/yr - ₹9 L/yr |
View all salaries by experience
Collections Manager Salary in
India ranges between ₹3.2
Lakhs to ₹9.2
Lakhs for
3 years of experience to 13 years of experience
. Salary estimates are based on
577 latest salaries received
from Collections Manager.
See latest salaries
Collections Manager salaries in different departments
| Department | Avg Annual Salary |
|---|---|
BFSI, Investments & Trading
Collections Manager Salary
3 - 13
years
exp.
(251
salaries)
| ₹3.2 L/yr - ₹9.2 L/yr |
Login to view exact salary
| |
Finance & Accounting
Collections Manager Salary
4 - 13
years
exp.
(72
salaries)
| ₹3.2 L/yr - ₹9 L/yr |
Explore on this page
Top paying companies
Popular companies
Jobs
available
Similar designations
Salary related reviews
Top interview questions
Latest annual salaries shared by Collections Managers
1d ago
Authum Investment & Infrastructure
Collections Manager
11 years exp.
1d ago
ITI Finance
Collections Manager
6 years exp.
2d ago
HDB Financial Services
Collections Manager
5 years exp.
2d ago
IDFC FIRST Bank
Collections Manager
9 years exp.
2d ago
Veritas Finance
Collections Manager
5 years exp.
2d ago
Kotak Mahindra Bank
Collections Manager
4 years exp.
2d ago
Bharti Airtel
Collections Manager
9 years exp.
2d ago
Bajaj Finserv
Collections Manager
3 years exp.
2d ago
Shri Ram Finance Corporation
Collections Manager
9 years exp.
2d ago
Bajaj Finserv
Collections Manager
9 years exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
| | ||
| | 2 job openings | |
| | ||
| | ||
| | 1 job opening | |
Is this list helpful? | ||
View more companies
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
0 -
18
yrs
exp.
(749 salaries)
|
₹2 L/yr - ₹11.1 L/yr | 4 job openings |
5 -
14
yrs
exp.
(7 salaries)
|
₹2.3 L/yr - ₹6.6 L/yr | |
Login to view exact salary
| ||
4 -
9
yrs
exp.
(6 salaries)
|
₹1.1 L/yr - ₹4 L/yr | |
6 -
13
yrs
exp.
(4 salaries)
|
₹3.8 L/yr - ₹7.4 L/yr | |
2 -
4
yrs
exp.
(3 salaries)
|
₹1.8 L/yr - ₹2.3 L/yr | |
7 -
9
yrs
exp.
(AmbitionBox Estimate)
|
₹8.2 L/yr - ₹10.4 L/yr | |
6 -
15
yrs
exp.
(AmbitionBox Estimate)
|
₹4.7 L/yr - ₹6.1 L/yr | |
4 -
7
yrs
exp.
(AmbitionBox Estimate)
|
₹5.8 L/yr - ₹7.4 L/yr | |
Login to view exact salary
| ||
6 -
9
yrs
exp.
(AmbitionBox Estimate)
|
₹3.9 L/yr - ₹5 L/yr | |
2 yrs
exp.
(AmbitionBox Estimate)
|
₹2.3 L/yr - ₹2.9 L/yr | |
Collections Manager Jobs in India
Collections Manager
· 2-6 years
Hdfc Bank
₹4
L/yr
- ₹9
L/yr
Jabalpur
Collections Manager
· 5-7 years
HDB Financial Services
₹7
L/yr
- ₹9
L/yr
Navi Mumbai
Collections Manager
· 2-7 years
Vodafone Idea
₹7
L/yr
- ₹9
L/yr
Rajkot
Similar Designation Salaries for Collections Manager
| Designations | Avg Annual Salary |
|---|---|
Area Collection Manager Salary
5 -
16
years
exp.
(3.6k salaries)
| ₹3.3 L/yr - ₹14.5 L/yr |
Collection Officer Salary
1 -
7
years
exp.
(410 salaries)
| ₹1.5 L/yr - ₹3.8 L/yr |
Login to view exact salary
| |
Zonal Collection Manager Salary
12 -
20
years
exp.
(7 salaries)
| ₹11 L/yr - ₹28.5 L/yr |
Collection Associate Salary
0 -
4
years
exp.
(11 salaries)
| ₹0.5 L/yr - ₹4.7 L/yr |
Cluster Manager Salary
4 -
16
years
exp.
(1.8k salaries)
| ₹5 L/yr - ₹13 L/yr |
View more similar designations
Salary reviews by Collections Manager and similar roles
HDFC 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 moreHDFC Bank
Collections Manager
• posted on 18 Nov 2024
Likes
Very good Bank Overall it's good experience with bank till date.
HDFC Bank
Relationship Manager
• posted on 10 Jan 2025
Likes
As brand Value
Dislikes
overall experience adfc hdb and hdfc bank almost 8yr same work as rm no promotion as team manager or other opportunity
read moreHDFC Bank
Senior Manager
• posted on 29 Oct 2023
Likes
salary, learning, appraisals
Dislikes
internal politucs from immediate bosses and conservative approach that if my junior is growing then it is harmful for senior, hence junior growth is compromised
read moreTop skills for Collections Manager
Collections Manager Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
New Delhi
Collections Manager
3 -
13
years
exp.
| ₹3 L/yr - ₹10 L/yr |
Mumbai
Collections Manager
3 -
13
years
exp.
| ₹3 L/yr - ₹10 L/yr |
Login to view exact salary
| |
Hyderabad / Secunderabad
Collections Manager
3 -
13
years
exp.
| ₹3 L/yr - ₹9.3 L/yr |
Pune
Collections Manager
3 -
13
years
exp.
| ₹3.1 L/yr - ₹9.4 L/yr |
Bangalore / Bengaluru
Collections Manager
3 -
13
years
exp.
| ₹3.1 L/yr - ₹12.8 L/yr |
View More
Collections Manager Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Collections Manager
3 -
13
years
exp.
| ₹2.8 L/yr - ₹9 L/yr |
NBFC
Collections Manager
3 -
13
years
exp.
| ₹2.6 L/yr - ₹8.3 L/yr |
Login to view exact salary
| |
Banking
Collections Manager
3 -
13
years
exp.
| ₹3.1 L/yr - ₹9.1 L/yr |
FinTech
Collections Manager
3 -
13
years
exp.
| ₹3 L/yr - ₹9 L/yr |
Banking / Insurance / Accounting
Collections Manager
3 -
13
years
exp.
| ₹2.5 L/yr - ₹7.1 L/yr |
View More
Frequently Asked Questions about Collections Manager Salaries
What is the salary of a Collections Manager in India?
Salary for a Collections Manager in India ranges between ₹3.2 Lakhs to ₹9.2 Lakhs per year. Salary estimates are based on 577 latest salaries received from various Collections Managers across industries.
What are the top paying companies that employ Collections Managers?
- Epimoney Collections Manager Salary - ₹9.2 Lakhs per year
- Mobikwik Collections Manager Salary - ₹8.2 Lakhs per year
- Standard Chartered Collections Manager Salary - ₹7.9 Lakhs per year
- Hero Housing Finance Collections Manager Salary - ₹7.6 Lakhs per year
- Yes Bank Collections Manager Salary - ₹7.6 Lakhs per year
What is the starting salary for a Collections Manager in India?
Average starting Salary for Collections Manager in India is around ₹3.2 Lakhs per year (₹26.7k per month). 3 years of minimum experience is required to be a Collections Manager.
What is the highest salary for a Collections Manager in India?
Highest salary that a Collections Manager can earn is ₹16.5 Lakhs per year (₹1.4L per month).
What are the top paying industries for Collections Manager in India?
- Internet - ₹0.8 Lakhs to 53.0 Lakhs per year
- FinTech - ₹1.2 Lakhs to 150.0 Lakhs per year
- Banking - ₹1.2 Lakhs to 101.0 Lakhs per year
- Financial Services - ₹0.2 Lakhs to 37.0 Lakhs per year
- NBFC - ₹1.2 Lakhs to 100.0 Lakhs per year
What are the top paying cities for Collections Manager in India?
- New Delhi - ₹3.0 Lakhs to 11.1 Lakhs per year
- Mumbai - ₹2.9 Lakhs to 10.5 Lakhs per year
- Hyderabad / Secunderabad - ₹3.0 Lakhs to 10.0 Lakhs per year
- Chennai - ₹2.0 Lakhs to 10.0 Lakhs per year
- Pune - ₹2.3 Lakhs to 10.2 Lakhs per year
What are the popular/top skills required to become a Collections Manager?
These are the top skills of a Collections Manager based on 113 jobs posted by employers.
- Compliance
- Auditing
- Budgeting
- Customer Satisfaction
- Legal
Tell us how to improve this page.
Popular Calculators
Q1. Collection efficiency and how will do the collection, plan for the month, repossession etc
asked in
HDFC Bank
View answers (8) Q2. How do banks make money and what are primary and secondary revenues sources for a bank?
asked in
IDFC FIRST Bank
View answers (8) Q3. Past location agency contacts. How to repossess vehicles. Type of sections used in legal activities. ... read more
asked in
Hero FinCorp
View answers (8) Calculate your monthly in-hand salary
What’s left after taxes? Enter your CTC for a breakdown.
- Home >
- Salaries >
- Collections Manager Salary >
- Collections Manager Salary in Insurance Companies
Rate your company