Collections Manager
Annual salary range
₹3 Lakhs - ₹9.3 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Mumbai
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Collections Manager Salary in Mumbai (Updated 2025)
based on 686
latest salaries
• updated:
10 Mar 2025
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Salary of majority employees
Collections Manager Salary in Mumbai ranges between ₹3 Lakhs to ₹9.3 Lakhs for 3 years of experience to 13 years of experience. Salary estimates are based on 686 latest salaries received from Collections Manager.
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Similar designations
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Top interview questions
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
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| Unlock | 1 job opening | |
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| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
2 -
18
yrs
exp.
.
Mumbai
(81 salaries)
|
₹2.9 L/yr - ₹10.5 L/yr | 2 job openings |
1 -
11
yrs
exp.
.
Mumbai
(56 salaries)
|
₹3 L/yr - ₹10 L/yr | |
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| ||
0 -
11
yrs
exp.
.
Mumbai
(36 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 | 11 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 |
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| ||
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.
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1d ago
ITI Finance
Collections Manager
6 years exp.
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2d ago
HDB Financial Services
Collections Manager
5 years exp.
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2d ago
IDFC FIRST Bank
Collections Manager
9 years exp.
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2d ago
Veritas Finance
Collections Manager
5 years exp.
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2d ago
Kotak Mahindra Bank
Collections Manager
4 years exp.
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2d ago
Bharti Airtel
Collections Manager
9 years exp.
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2d ago
Bajaj Finserv
Collections Manager
3 years exp.
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2d ago
Shri Ram Finance Corporation
Collections Manager
9 years exp.
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2d ago
Bajaj Finserv
Collections Manager
9 years exp.
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Collections Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
3
years
(57
salaries)
| Unlock ₹2.4 L/yr - ₹7 L/yr |
4
years
(78
salaries)
| Unlock ₹2.6 L/yr - ₹7.6 L/yr |
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| |
5
years
(84
salaries)
| Unlock ₹2.8 L/yr - ₹7.5 L/yr |
6
years
(88
salaries)
| Unlock ₹3 L/yr - ₹7.5 L/yr |
7
years
(59
salaries)
| Unlock ₹3.1 L/yr - ₹8.3 L/yr |
View all salaries by experience
Collections Manager Jobs in Mumbai
Collections Manager
· 2-7 years
Siemens Healthcare
Chennai
Collections Manager
· 3-6 years
HDB Financial Services
₹4
L/yr
- ₹6
L/yr
Vijayawada
Collections Manager
· 3-8 years
Tata Capital Ltd
Thane
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Area Collection Manager Salary
5 -
16
years
exp.
(204 salaries)
| Unlock ₹3.8 L/yr - ₹15.4 L/yr |
Collection Officer Salary
1 -
7
years
exp.
(645 salaries)
| Unlock ₹1.7 L/yr - ₹4 L/yr |
Login to view exact salary
| |
Zonal Collection Manager Salary
12 -
22
years
exp.
(52 salaries)
| Unlock ₹9.2 L/yr - ₹41.8 L/yr |
Cluster Manager Salary
4 -
16
years
exp.
(859 salaries)
| Unlock ₹4 L/yr - ₹18.5 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(30.1k salaries)
| Unlock ₹8 L/yr - ₹36 L/yr |
View more similar designations
Salary related reviews by similar designations like Collections Manager
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.
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
Cholamandalam 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
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 moreTop skills for Collections Manager
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Collections Manager Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
New Delhi
Collections Manager
3 -
13
years
exp.
| Unlock ₹3 L/yr - ₹10 L/yr |
Pune
Collections Manager
3 -
13
years
exp.
| Unlock ₹3.1 L/yr - ₹9.3 L/yr |
Login to view exact salary
| |
Hyderabad / Secunderabad
Collections Manager
3 -
13
years
exp.
| Unlock ₹3 L/yr - ₹9.1 L/yr |
Bangalore / Bengaluru
Collections Manager
3 -
13
years
exp.
| Unlock ₹3.1 L/yr - ₹12.8 L/yr |
Chennai
Collections Manager
3 -
13
years
exp.
| Unlock ₹2.5 L/yr - ₹8.7 L/yr |
View More
Collections Manager Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Collections Manager
3 -
13
years
exp.
| Unlock ₹2.8 L/yr - ₹9 L/yr |
NBFC Collections Manager
3 -
13
years
exp.
| Unlock ₹2.6 L/yr - ₹8.3 L/yr |
Login to view exact salary
| |
Banking Collections Manager
3 -
13
years
exp.
| Unlock ₹3.1 L/yr - ₹9.1 L/yr |
FinTech Collections Manager
3 -
13
years
exp.
| Unlock ₹3 L/yr - ₹9 L/yr |
Media & Entertainment / Publishing Collections Manager
3 -
13
years
exp.
| Unlock ₹3.3 L/yr - ₹9.7 L/yr |
View More
Frequently Asked Questions about Collections Manager Salaries
What is the salary of a Collections Manager in Mumbai?
Salary for a Collections Manager in Mumbai ranges between ₹3.0 Lakhs to ₹9.3 Lakhs per year. Salary estimates are based on 686 latest salaries received from various Collections Managers across industries.
What are the top paying companies that employ Collections Managers?
- American Broadcasting Company Collections Manager Salary - ₹50.3 Lakhs per year
- Epimoney Collections Manager Salary - ₹9.0 Lakhs per year
- Mobikwik Collections Manager Salary - ₹8.2 Lakhs per year
- Standard Chartered Collections Manager Salary - ₹7.7 Lakhs per year
- Yes Bank Collections Manager Salary - ₹7.6 Lakhs per year
What is the starting salary for a Collections Manager in Mumbai?
Average starting Salary for Collections Manager in India is around ₹3.0 Lakhs per year (₹25.0k per month). 3 years of minimum experience is required to be a Collections Manager.
What is the highest salary for a Collections Manager in Mumbai?
Highest salary that a Collections Manager can earn is ₹73.0 Lakhs per year (₹6.1L per month).
What are the top paying industries for Collections Manager in Mumbai?
- Banking - ₹2.1 Lakhs to 22.0 Lakhs per year
- FinTech - ₹3.0 Lakhs to 13.0 Lakhs per year
- Financial Services - ₹0.2 Lakhs to 17.5 Lakhs per year
- Telecom - ₹2.7 Lakhs to 12.1 Lakhs per year
- NBFC - ₹1.2 Lakhs to 10.4 Lakhs per year
What are the top paying cities for Collections Manager in India?
- Bangalore / Bengaluru - ₹0.2 Lakhs to 70.0 Lakhs per year
- New Delhi - ₹0.2 Lakhs to 36.0 Lakhs per year
- Mumbai - ₹0.1 Lakhs to 25.0 Lakhs per year
- Hyderabad / Secunderabad - ₹0.2 Lakhs to 30.0 Lakhs per year
- Pune - ₹0.4 Lakhs to 20.0 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 131 jobs posted by employers.
- Training
- Auditing
- Compliance
- Budgeting
- Customer Satisfaction
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