Collections Manager
Annual salary range
₹3 Lakhs - ₹9.2 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byCollections Manager Salary in Mumbai (Updated 2025)
based on 682
latest salaries
• updated:
19 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Collections Manager Salary in Mumbai ranges between ₹3 Lakhs to ₹9.2 Lakhs for 3 years of experience to 13 years of experience. Salary estimates are based on 682 latest salaries received from Collections Manager.
Explore on this page
Top paying companies
Popular companies
Latest annual salaries
Salaries by experience
Jobs
available
Similar designations
Salary related reviews
Top interview questions
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
 | ||
Standard Chartered Collections Manager Salary
6 years exp | | |
 Collections Manager Salary
6 years exp | | |
 Collections Manager Salary
6 years exp | | 1 job opening |
 Collections Manager Salary
6 years exp | | |
Is this list helpful? | ||
View more companies
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
2 -
18
yrs
exp.
.
Mumbai
(81 salaries)
|
₹2.9 L/yr - ₹10.5 L/yr | 7 job openings |
1 -
11
yrs
exp.
.
Mumbai
(54 salaries)
|
₹3 L/yr - ₹9 L/yr | |
Login to view exact salary
| ||
0 -
11
yrs
exp.
.
Mumbai
(35 salaries)
|
₹1.2 L/yr - ₹7.8 L/yr | |
0 -
9
yrs
exp.
.
Mumbai
(34 salaries)
|
₹2.4 L/yr - ₹8.5 L/yr | |
3 -
14
yrs
exp.
.
Mumbai
(33 salaries)
|
₹3.1 L/yr - ₹9 L/yr | |
2 -
17
yrs
exp.
.
Mumbai
(26 salaries)
|
₹3.5 L/yr - ₹8 L/yr | 7 job openings |
3 -
12
yrs
exp.
.
Mumbai
(23 salaries)
|
₹2.4 L/yr - ₹6.8 L/yr | |
3 -
12
yrs
exp.
.
Mumbai
(19 salaries)
|
₹4 L/yr - ₹9 L/yr | 16 job openings |
Login to view exact salary
| ||
3 -
13
yrs
exp.
.
Mumbai
(18 salaries)
|
₹4.1 L/yr - ₹11 L/yr | |
2 -
9
yrs
exp.
.
Mumbai
(17 salaries)
|
₹2.7 L/yr - ₹8 L/yr | |
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
Collections Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
3
years
(57
salaries)
| ₹2.4 L/yr - ₹7 L/yr |
4
years
(79
salaries)
| ₹2.6 L/yr - ₹7.6 L/yr |
Login to view exact salary
| |
5
years
(83
salaries)
| ₹2.8 L/yr - ₹7.6 L/yr |
6
years
(89
salaries)
| ₹3 L/yr - ₹7.5 L/yr |
7
years
(59
salaries)
| ₹3.1 L/yr - ₹8.3 L/yr |
View all salaries by experience
Collections Manager Jobs in Mumbai
Collections Manager
· 3-8 years
Teleperformance (TP)
₹10
L/yr
- ₹12
L/yr
Thane
Collections Manager
· 3-8 years
HDFC Bank Limited
Bangalore / Bengaluru
Collections Manager
· 3-6 years
HDB Financial Services
₹4
L/yr
- ₹6
L/yr
Vijayawada
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Area Collection Manager Salary
5 -
16
years
exp.
(203 salaries)
| ₹3.8 L/yr - ₹15.4 L/yr |
Collection Officer Salary
1 -
7
years
exp.
(648 salaries)
| ₹1.6 L/yr - ₹4 L/yr |
Login to view exact salary
| |
Zonal Collection Manager Salary
12 -
22
years
exp.
(55 salaries)
| ₹10 L/yr - ₹40 L/yr |
Cluster Manager Salary
4 -
16
years
exp.
(878 salaries)
| ₹4 L/yr - ₹18.6 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(30.1k salaries)
| ₹8 L/yr - ₹36 L/yr |
View more similar designations
Salary related reviews by similar designations like Collections Manager
HDB Financial Services
Relationship Manager in Bhubaneswar
• posted on 17 Feb 2025
Likes
supportive, family-like, and encouraging of internal growth, with good opportunities for career advancement, along with competitive incentives and on-time salary payments
read more- Salary - Good
+6 more
Dislikes
intense pressure to meet high sales targets, poor work-life balance, low salary, lack of career growth opportunities, rigid company culture, excessive manual work, and a perceived lack of support from management.
read moreCholamandalam Investment & Finance
Area Collection Manager in Udaipur
• posted on 30 Jan 2025
Likes
Not much but salary comparison is little high than industry
- Salary - Good
+1 more
Dislikes
It should improve employee welfare calture no weekly off no leave, if on leave have to attend con call . Worst culture of any time con call. Early morning 6 o clock late evening after 8 o clock con call No personal life, working on weekends and even on Sunday. Public holidays are in calendar only . No festival leave Lots of parameters which are useless . Penetration of separation is high. Apologise to write with personal experience
read more- Work satisfaction - Poor
+2 more
L&T Finance
Senior Manager in Mumbai
• posted on 24 Jan 2025
Likes
The work culture is dramatically different from before after the Leadership change. It’s all about work life balance and flexibility now.
read more- Work-life balance - Good
Dislikes
While the work culture has improved there’s now a decline in opportunities for salary growth and promotions.
read more- Skill development - Poor
+4 more
HDFC Bank
Collections Manager in Hisar
• posted on 27 Jan 2025
Likes
good learning and development opportunities, strong reputation in the banking industry, competitive salary and incentives, job security, and a culture that encourages professional growth
read more- Salary - Excellent
+6 more
Dislikes
intense work pressure, poor work-life balance, long working hours, excessive sales targets, lack of career progression, inconsistent management practices, and a sometimes toxic work culture;
read moreICICI Bank
Relationship Manager in Chennai
• posted on 21 Dec 2024
Likes
15 days mandatory leave for DBM and above. Employee loans at 2.5% No ratings - Automatic bonus annually provided performance is on par
read more- Salary - Good
+4 more
Dislikes
Branch team has to sell 15 products. Your Reporting Authority (Boss) can make you or break you.
Top skills for Collections Manager
Collections Manager Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
New Delhi
Collections Manager
3 -
13
years
exp.
| ₹3 L/yr - ₹10 L/yr |
Pune
Collections Manager
3 -
13
years
exp.
| ₹3.1 L/yr - ₹9.2 L/yr |
Login to view exact salary
| |
Hyderabad / Secunderabad
Collections Manager
3 -
13
years
exp.
| ₹3 L/yr - ₹9.3 L/yr |
Bangalore / Bengaluru
Collections Manager
3 -
13
years
exp.
| ₹3.1 L/yr - ₹12.8 L/yr |
Kolkata
Collections Manager
3 -
13
years
exp.
| ₹2.6 L/yr - ₹8.5 L/yr |
View More
Collections Manager Salary By 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.
| ₹2.7 L/yr - ₹8.4 L/yr |
Login to view exact salary
| |
Banking Collections Manager
3 -
13
years
exp.
| ₹3.1 L/yr - ₹9 L/yr |
Media & Entertainment / Publishing Collections Manager
3 -
13
years
exp.
| ₹3.5 L/yr - ₹9.3 L/yr |
Insurance Collections Manager
3 -
13
years
exp.
| ₹3.3 L/yr - ₹9 L/yr |
View More
Frequently Asked Questions (FAQS) about Collections Manager Salaries
What is the salary of a Collections Manager in India?
The salary of a Collections Manager in India varies based on experience, location, company & Industry.
On average, Collections Manager salaries ranges from ₹3.0 Lakhs to ₹9.2 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹3.0 Lakhs to ₹9.2 Lakhs per year, with the highest salary reaching ₹35.6 Lakhs to ₹45.5 Lakhs per year. Salary estimates are based on 682 salaries received from various Collections Managers across industries.
The average starting salary is around ₹3.0 Lakhs to ₹9.2 Lakhs per year, with the highest salary reaching ₹35.6 Lakhs to ₹45.5 Lakhs per year. Salary estimates are based on 682 salaries received from various Collections Managers across industries.
What are the top paying companies that employ Collections Managers?
Collections Manager Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| American Broadcasting Company Collections Manager Salary | ₹35.6 Lakhs to ₹45.5 Lakhs per year |
| Standard Chartered Collections Manager Salary | ₹5.5 Lakhs to ₹13.1 Lakhs per year |
| Mobikwik Collections Manager Salary | ₹5 Lakhs to ₹12.4 Lakhs per year |
| Yes Bank Collections Manager Salary | ₹4.2 Lakhs to ₹8.5 Lakhs per year |
| Aditya Birla Group Collections Manager Salary | ₹6 Lakhs to ₹7.7 Lakhs per year |
What are the top paying cities for Collections Manager in India?
The annual salary for Collections Manager in India varies by location. Top paying cities for Collections Manager are
Salary expectations for Collections Manager may vary based on job roles, experience, and specific employer requirements.
| Collections Manager Salary in New Delhi | ₹3.0 Lakhs to ₹10.0 Lakhs per year |
| Collections Manager Salary in Pune | ₹3.1 Lakhs to ₹9.2 Lakhs per year |
| Collections Manager Salary in Hyderabad / Secunderabad | ₹3.0 Lakhs to ₹9.3 Lakhs per year |
| Collections Manager Salary in Bangalore / Bengaluru | ₹3.1 Lakhs to ₹12.8 Lakhs per year |
| Collections Manager Salary in Kolkata | ₹2.6 Lakhs to ₹8.5 Lakhs per year |
What are the top paying industries for Collections Manager in India?
Top 5 paying Industries for Collections Manager in India are:
| Collections Manager Salary in Financial Services | ₹2.8 Lakhs to ₹9.0 Lakhs per year |
| Collections Manager Salary in NBFC | ₹2.7 Lakhs to ₹8.4 Lakhs per year |
| Collections Manager Salary in Banking | ₹3.1 Lakhs to ₹9.0 Lakhs per year |
| Collections Manager Salary in Media & Entertainment / Publishing | ₹3.5 Lakhs to ₹9.3 Lakhs per year |
| Collections Manager Salary in Insurance | ₹3.3 Lakhs to ₹9.0 Lakhs per year |
How does experience affect salaries of a Collections Manager in India?
Experience significantly impacts a Collections Manager salary in India. Salaries increase with experience, as Collections Manager take on more complex tasks, responsibilities, and leadership roles.
Collections Manager salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 3 years | ₹2.4 Lakhs to ₹7.0 Lakhs per year |
| 4 years | ₹2.6 Lakhs to ₹7.6 Lakhs per year |
| 5 years | ₹2.8 Lakhs to ₹7.6 Lakhs per year |
| 6 years | ₹3.0 Lakhs to ₹7.5 Lakhs per year |
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