Debt Service Manager

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Debt Service Manager Salary in India (Updated 2025)

based on 34 latest salaries • updated: 13 Feb 2025
Select an experience to get the exact salary

Annual salary range

₹2.3 Lakhs - ₹7.8 Lakhs

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Debt Service Manager Salary in India ranges between ₹2.3 Lakhs to ₹7.8 Lakhs for 1 year of experience to 9 years of experience. Salary estimates are based on 34 latest salaries received from Debt Service... Read More

Latest annual salaries shared by Debt Service Managers

1mo ago

Tata Capital

Debt Service Manager

1 year exp.

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2mo ago

Vistaar Finance

Debt Service Manager

5 years exp.

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2mo ago

Tata Capital

Debt Service Manager

2 years exp.

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3mo ago

Bajaj Housing Finance

Debt Service Manager

6 years exp.

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4mo ago

Pankaj Gupta

Debt Service Manager

4 years exp.

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7mo ago

Forte Management Services

Debt Service Manager

4 years exp.

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9mo ago

Garments India

Debt Service Manager

2 years exp.

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1y ago

VMPL

Debt Service Manager

2 years exp.

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1y ago

ICICI Bank

Debt Service Manager

7 years exp.

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1y ago

ICICI Bank

Debt Service Manager

2 years exp.

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Debt Service Manager salaries by

Years of experience Avg. annual salary
1 year
(5 salaries)
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₹2.3 L/yr - ₹7.8 L/yr

2 years
(8 salaries)
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₹1.5 L/yr - ₹7.8 L/yr

3 years
(6 salaries)
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₹2.5 L/yr - ₹5.5 L/yr

4 years
(5 salaries)
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₹2.1 L/yr - ₹6 L/yr

5 years
(1 salaries)
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₹5.8 L/yr - ₹5.8 L/yr

View all salaries by experience

Similar Designation Salary

Similar Designation Avg. annual salary
Debt Manager Salary
1 - 10 years exp.
(639 salaries)
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₹3.6 L/yr - ₹9.5 L/yr

Senior Manager Salary
6 - 20 years exp.
(1.7L salaries)
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₹7 L/yr - ₹40.6 L/yr

Recovery Manager Salary
2 - 16 years exp.
(610 salaries)
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₹2 L/yr - ₹10 L/yr

Area Debt Manager Salary
6 - 15 years exp.
(227 salaries)
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₹6 L/yr - ₹17 L/yr

Cluster Manager Salary
4 - 16 years exp.
(12.7k salaries)
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₹3.5 L/yr - ₹18 L/yr

View more similar designations

Debt Service Manager Salary By Locations

Locations Avg. annual salary
Mumbai
Debt Service Manager
2 - 9 years exp.
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₹5.5 L/yr - ₹7.8 L/yr

Bangalore / Bengaluru
Debt Service Manager
2 - 6 years exp.
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₹3.8 L/yr - ₹5.8 L/yr

Chandigarh
Debt Service Manager
6 - 8 years exp.
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₹6.7 L/yr - ₹7.8 L/yr

Patiala
Debt Service Manager
8 - 9 years exp.
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₹5.4 L/yr - ₹6.9 L/yr

Dhule
Debt Service Manager
1 - 2 years exp.
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₹3.2 L/yr - ₹4.1 L/yr

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Debt Service Manager Salary By Industries

Industries Avg. annual salary

Financial Services

Debt Service Manager
1 - 9 years exp.
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₹2.7 L/yr - ₹7.8 L/yr

Banking

Debt Service Manager
1 - 9 years exp.
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₹3.8 L/yr - ₹7.5 L/yr

NBFC

Debt Service Manager
1 - 6 years exp.
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₹3.6 L/yr - ₹7.8 L/yr

FinTech

Debt Service Manager
1 - 6 years exp.
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₹2.3 L/yr - ₹5.8 L/yr

Banking / Insurance / Accounting

Debt Service Manager
1 - 6 years exp.
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₹2.3 L/yr - ₹6.5 L/yr

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Frequently Asked Questions (FAQS) about Debt Service Manager Salaries

What is the salary of a Debt Service Manager in India?
The salary of a Debt Service Manager in India varies based on experience, location, company & Industry. On average, Debt Service Manager salaries ranges from ₹2.3 Lakhs to ₹7.8 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹2.3 Lakhs to ₹7.8 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 34 salaries received from various Debt Service Managers across industries.
What are the top paying cities for Debt Service Manager in India?
The annual salary for Debt Service Manager in India varies by location. Top paying cities for Debt Service Manager are
Debt Service Manager Salary in Mumbai ₹5.5 Lakhs to ₹7.8 Lakhs per year
Debt Service Manager Salary in Bangalore / Bengaluru ₹3.8 Lakhs to ₹5.8 Lakhs per year
Debt Service Manager Salary in Chandigarh ₹6.7 Lakhs to ₹7.8 Lakhs per year
Debt Service Manager Salary in Patiala ₹5.4 Lakhs to ₹6.9 Lakhs per year
Debt Service Manager Salary in Dhule ₹3.2 Lakhs to ₹4.1 Lakhs per year
Salary expectations for Debt Service Manager may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Debt Service Manager in India?
Top 5 paying Industries for Debt Service Manager in India are:
Debt Service Manager Salary in Financial Services ₹2.7 Lakhs to ₹7.8 Lakhs per year
Debt Service Manager Salary in Banking ₹3.8 Lakhs to ₹7.5 Lakhs per year
Debt Service Manager Salary in NBFC ₹3.6 Lakhs to ₹7.8 Lakhs per year
Debt Service Manager Salary in FinTech ₹2.3 Lakhs to ₹5.8 Lakhs per year
Debt Service Manager Salary in Banking / Insurance / Accounting ₹2.3 Lakhs to ₹6.5 Lakhs per year
How does experience affect salaries of a Debt Service Manager in India?
Experience significantly impacts a Debt Service Manager salary in India. Salaries increase with experience, as Debt Service Manager take on more complex tasks, responsibilities, and leadership roles. Debt Service Manager salary at different experience level are as follows:
Experience Average Salary Range
1 year ₹2.3 Lakhs to ₹7.8 Lakhs per year
2 years ₹1.5 Lakhs to ₹7.8 Lakhs per year
3 years ₹2.5 Lakhs to ₹5.5 Lakhs per year
4 years ₹2.1 Lakhs to ₹6.0 Lakhs per year
and so on.

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