Aavas Financiers Mumbai Area Collection Manager Salaries by 4 Employees

2 - 6 years exp.

₹4.6 Lakhs - ₹5.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

52% less than the average Area Collection Manager Salary in NBFC Companies for 2 - 6 years of experience

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Last Updated: 22 Aug 2024

Companies similar to Aavas Financiers for Area Collection Manager in Mumbai

Aavas Financiers Area Collection Manager Salary

2 - 6 years exp. (4 salaries)

₹4.6 L/yr - ₹5.1 L/yr

Company name	Avg Annual Salary	Open Jobs
LendingKart Area Collection Manager Salary 10 - 15 years exp. (4 salaries)	₹11 L/yr - ₹17 L/yr 189% more
PNB Housing Finance Area Collection Manager Salary 8 - 12 years exp. (4 salaries)	₹7.2 L/yr - ₹11.2 L/yr 128% more
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Bajaj Finance Area Collection Manager Salary 5 - 15 years exp. (22 salaries)	₹6 L/yr - ₹15.5 L/yr 138% more
ICICI Bank Area Collection Manager Salary 10 - 17 years exp. (16 salaries)	₹7.2 L/yr - ₹15 L/yr 149% more
IDFC FIRST Bank Area Collection Manager Salary 8 - 16 years exp. (16 salaries)	₹9.5 L/yr - ₹16 L/yr 194% more

Area Collection Manager salary at Aavas Financiers ranges between ₹4.6 Lakhs to ₹5.1 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Aavas Financiers .

Experience wise Aavas Financiers Area Collection Manager salaries in Mumbai

Last Updated: 22 Aug 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
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4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr

Similar Designation salaries in Aavas Financiers

Relationship Manager Salary

(9 salaries)

₹2.8 L/yr - ₹4.5 L/yr

Salary related reviews for Aavas Financiers

Rated by 1 employees for salary & benefits

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 13 Aug 2024

3.0

for Salary and Benefits

Likes

Location near to my home - good understanding with credit team . No salary deduction at time of covid n even get good incentive for sales of hl and lap

Dislikes

Not work Life balanced , even we have to work at every Sunday .

Work-life balance - Bad

Collections Manager in Bikaner

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 01 Jan 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike .

Salary - Good

+6 more

Relationship Manager in Bhopal

Other Department

5.0

• posted on 13 May 2022

3.0

for Salary and Benefits

Likes

...re is a huge cafeteria and gaming arcade for chiling. Company policies are good. Appraisals are fair and they give good salary hike and bonus every year.

Skill development - Good

+3 more

Dislikes

There is a lot politics and the management doesnt address our issues salary is decent but career growth is slow there is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees

Senior Relationship Officer in Tiptur

Full Time

Sales & Business Development Department

4.0

• posted on 16 Oct 2024

3.0

for Salary and Benefits

Likes

It's been a pleasure to work in a reputed company like aavas, I was very much enjoyed my working period. The work frame and culture is appreciated . I would like to thank the organisation for giving my such a wonderful opertunity to be a part. Thank u

Job security - Good

+1 more

Dislikes

Earlier Incentives was too good, now incentives are restructured and paying less . Earlier salary package was also offered less.

Disbursement Officer in Umbergaon

Full Time

Finance & Accounting Department

2.0

• posted on 08 Oct 2024

1.0

for Salary and Benefits

Likes

Good to work to enhance productivity and supporting staffs

Dislikes

Appraisal and and salary is always been limited as set my company saying HR always HR policy is clearly mentioned that appraisal done when u join from that day but till yet year no appraisal done,

Salary - Bad

+1 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Aavas Financiers Area Collection Manager Salary FAQs

What is the salary of Area Collection Manager at Aavas Financiers in Mumbai?

The average salary of a Area Collection Manager at Aavas Financiers in Mumbai typically ranges from ₹4.6 Lakhs to ₹5.1 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Area Collection Manager in Mumbai at Aavas Financiers earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹5.1 Lakhs per year. Area Collection Manager Salaries at Aavas Financiers can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Aavas Financiers employees in India.

What is the estimated take home salary of a Area Collection Manager at Aavas Financiers in Mumbai?

The estimated take-home salary of a Area Collection Manager at Aavas Financiers in Mumbai typically ranges from ₹34,097 to ₹35,350 per month. This is based on the average salary range of ₹4.6 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from 2 years to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Aavas Financiers . Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Aavas Financiers for Area Collection Manager in India?

IDFC FIRST Bank	₹9.5 Lakhs to ₹16.0 Lakhs per year
LendingKart	₹11.0 Lakhs to ₹17.0 Lakhs per year
ICICI Bank	₹7.2 Lakhs to ₹15.0 Lakhs per year
Bajaj Finance	₹6.0 Lakhs to ₹15.5 Lakhs per year
PNB Housing Finance	₹7.2 Lakhs to ₹11.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Aavas Financiers , depending on the role and experience level.

How the salary growth look like for a Area Collection Manager at Aavas Financiers in Mumbai?

The salary growth for a Area Collection Manager at Aavas Financiers in Mumbai depends on factors such as experience, performance, and promotions. On average, a Area Collection Manager in Mumbai can expect the following growth trajectory at Aavas Financiers :

Experience	Average Salary Range
2 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
3 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
4 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
5 years	₹4.1 Lakhs to ₹5.3 Lakhs per year

and so on.

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Aavas Financiers Area Collection Manager Salaries in Mumbai

Aavas Financiers Area Collection Manager salary in Mumbai ranges between ₹4.6 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Aavas Financiers latest salaries received from various employees of Aavas Financiers .