Altum Credo Home Finance Area Collection Manager Salaries by 9 Employees (Updated 2025)

2 - 16 years exp.

₹6.5 Lakhs - ₹9 Lakhs

Avg. annual salary

Monthly In-hand Salary

11% less than the average Area Collection Manager Salary in NBFC Companies for 2 - 16 years of experience

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Salaries in different departments

Finance & Accounting Area Collection Manager Salary 2 - 11 years exp. (4 salaries)	₹6.5 L/yr - ₹8 L/yr
Sales & Business Development Area Collection Manager Salary 10 - 13 years exp. (3 salaries)	₹8 L/yr - ₹8.7 L/yr
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BFSI, Investments & Trading Area Collection Manager Salary 13 - 16 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹9 L/yr

Last Updated: 4 Apr 2025

Companies similar to Altum Credo Home Finance for Area Collection Manager

Company name	Avg Annual Salary	Open Jobs
Hinduja Leyland Finance Area Collection Manager Salary 5 - 14 years exp. (85 salaries)	₹3.2 L/yr - ₹10.4 L/yr 23% less
Bajaj Housing Finance Area Collection Manager Salary 8 - 17 years exp. (42 salaries)	₹8 L/yr - ₹17 L/yr 35% more
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NeoGrowth Credit Area Collection Manager Salary 4 - 16 years exp. (33 salaries)	₹4.3 L/yr - ₹10.3 L/yr 11% less
Hero FinCorp Area Collection Manager Salary 2 - 17 years exp. (15 salaries)	₹5.2 L/yr - ₹10.3 L/yr 12% less
Fedbank Financial Services Area Collection Manager Salary 6 - 19 years exp. (12 salaries)	₹7 L/yr - ₹14 L/yr 32% more
Shubham Housing Development Finance Area Collection Manager Salary 8 - 16 years exp. (10 salaries)	₹4.5 L/yr - ₹10.2 L/yr 16% less
InCred Finance Area Collection Manager Salary 10 - 19 years exp. (10 salaries)	₹7.8 L/yr - ₹16 L/yr 51% more
AVIOM Area Collection Manager Salary 5 - 13 years exp. (10 salaries)	₹4.1 L/yr - ₹6 L/yr 38% less
SBFC Finance Area Collection Manager Salary 10 - 16 years exp. (8 salaries)	₹7 L/yr - ₹11.9 L/yr 12% more
Vistaar Finance Area Collection Manager Salary 5 - 20 years exp. (5 salaries)	₹4.5 L/yr - ₹15.3 L/yr 10% more
Reliance Home Finance Area Collection Manager Salary 11 - 20 years exp. (5 salaries)	₹10.8 L/yr - ₹12.8 L/yr 49% more
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Dmi Finance Area Collection Manager Salary 0 - 10 years exp. (5 salaries)	₹5 L/yr - ₹11.6 L/yr 4% less
India Shelter Finance Corporation Area Collection Manager Salary 8 - 11 years exp. (4 salaries)	₹3.9 L/yr - ₹6 L/yr 36% less
Home Credit Finance Area Collection Manager Salary 10 - 15 years exp. (4 salaries)	₹5.5 L/yr - ₹9 L/yr 30% less
Kinara Capital Area Collection Manager Salary 10 - 12 years exp. (4 salaries)	₹7 L/yr - ₹12.7 L/yr 21% more
Finova Capital Area Collection Manager Salary 9 - 15 years exp. (4 salaries)	₹8 L/yr - ₹10.8 L/yr 13% more
Tyger Capital Area Collection Manager Salary 15 - 17 years exp. (3 salaries)	₹10.1 L/yr - ₹16 L/yr 36% more

Area Collection Manager salary at Altum Credo Home Finance ranges between ₹6.5 Lakhs to ₹9 Lakhs per year for employees with experience between 2 years to 16 years. Salary estimates are based on 9 latest salaries received from various employees of Altum Credo Home Finance.

Experience wise Altum Credo Home Finance Area Collection Manager salaries

Last Updated: 4 Apr 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
3 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
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4 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
5 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
6 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
7 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.1 L/yr
8 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
9 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
10 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
11 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
12 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.3 L/yr
13 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
14 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
15+ years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr

View all

Similar Designation salaries in Altum Credo Home Finance

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Collections Manager Salary

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₹3.4 L/yr - ₹3.6 L/yr

Regional Collection Manager Salary

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₹10 L/yr - ₹16.5 L/yr

Collection Officer Salary

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₹2.5 L/yr - ₹2.8 L/yr

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Branch Manager Salary

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₹3.33 L/yr - ₹6.34 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹3.5 L/yr - ₹4.5 L/yr

Relationship Manager Salary

(125 salaries)

₹1.95 L/yr - ₹4 L/yr

Deputy Manager Salary

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₹6.6 L/yr - ₹11 L/yr

Sales Executive Salary

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₹2.1 L/yr - ₹2.5 L/yr

Top skills at Altum Credo Home Finance for Area Collection Manager

Collection Management Collections Team Handling Loan Recovery Debt Management Debt Recovery

Salary related reviews for Altum Credo Home Finance

5.0

Rated by 1 employees for salary & benefits

Area Manager in Bangalore / Bengaluru

Affordable Housing Department

1.0

• posted on 03 Sep 2020

1.0

for Salary and Benefits

Likes

No likes

Dislikes

...ity they next level managers dont even know how to talk with there subordinates. Even after formal resignation as per policy they have hold the salary of employees.

Salary - Bad

+6 more

Senior Training Manager in Pune

Full Time

Teaching & Training Department

1.0

• posted on 10 Feb 2023

3.0

for Salary and Benefits

Likes

Nothing at all!

Dislikes

Everything 1. No culture 2. Poor HR policies 3. They hold salaries without an intimation, you will get to know on the salary day that your salary is not deposited. 4. No policies as such, they don't know how the industry works. 5. Its like a super market shoppie, atleast owners pretend that they are the owner of a small shop. 6. Very poor upper management, there are few who got caught cheating in the other finance companies. 7. Everything is clueless

Skill development - Bad

+5 more

Cluster Credit Manager in Pune

Full Time

Finance & Accounting Department

3.0

• posted on 14 Jun 2023

2.0

for Salary and Benefits

Likes

I have been working with this firm since almost its inception. I joined as a management trainee & with help of the superiors, I have gained a lot of knowledge with regards to various policies & departments. The superiors are helpful with regard to queries/ issues. I would recommend working here to learn & explore. Being a new company, one can learn a lot about various aspects/ self educate himself with help of other colleagues regarding new trends in the market related to their profile.

Skill development - Excellent

+1 more

Dislikes

Difficult to maintain work- life balance being a start up. Work from home should be encouraged wherever possible.

Salary - Poor

+4 more

Admin Manager in Pune

Full Time

Other Department

5.0

• posted on 25 Jul 2023

5.0

for Salary and Benefits

Likes

There are lots of things like me to work with the Altum credo Home Finance specially the work life balance and the work culture of the company. All the Senior management team take care of all the employees who are working with them.

Salary - Excellent

+6 more

Dislikes

There is nothing that we can dislike about the altum credo Home finance.

HR Trainee in Pune

Full Time

Human Resources Department

5.0

• posted on 26 Jul 2023

5.0

for Salary and Benefits

Likes

I feel incredibly fortunate to be a part of the team at Altum Credo Home Finance. From the moment I have joined, I have experienced a supportive and inclusive work environment that fosters personal growth and professional development.

Salary - Excellent

+6 more

Dislikes

As such there is nothing that I dislike about Altum Credo.

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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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Altum Credo Home Finance Area Collection Manager Salary FAQs

What is the salary of Area Collection Manager at Altum Credo Home Finance ?

The average salary of a Area Collection Manager at Altum Credo Home Finance in India typically ranges from ₹6.5 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 2 years to 16 years).

The top 10% of Area Collection Manager at Altum Credo Home Finance earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Area Collection Manager Salaries at Altum Credo Home Finance 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 9 Altum Credo Home Finance employees in India.

What is the estimated take home salary of a Area Collection Manager at Altum Credo Home Finance in India?

The estimated take-home salary of a Area Collection Manager at Altum Credo Home Finance in India typically ranges from ₹58,952 to ₹60,439 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 2 years to 16 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 9 salaries received from various employees of Altum Credo Home Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Area Collection Manager at Altum Credo Home Finance ?

To be a Area Collection Manager at Altum Credo Home Finance in india, the key skills required include:

- Collection Management
- Collections
- Team Handling
- Loan Recovery
- Debt Management

These skills are highly valued at Altum Credo Home Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Altum Credo Home Finance for Area Collection Manager in India?

InCred Finance	₹7.8 Lakhs to ₹16.0 Lakhs per year
Reliance Home Finance	₹10.8 Lakhs to ₹12.8 Lakhs per year
Tyger Capital	₹10.1 Lakhs to ₹16.0 Lakhs per year
Bajaj Housing Finance	₹8.0 Lakhs to ₹17.0 Lakhs per year
Fedbank Financial Services	₹7.0 Lakhs to ₹14.0 Lakhs per year

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

What is the salary of a Area Collection Manager in companies similar to Altum Credo Home Finance in India?

The salary of a Area Collection Manager at companies similar to Altum Credo Home Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kinara Capital	₹7.0 Lakhs to ₹12.7 Lakhs per year
Finova Capital	₹8.0 Lakhs to ₹10.8 Lakhs per year
SBFC Finance	₹7.0 Lakhs to ₹11.9 Lakhs per year
Vistaar Finance	₹4.5 Lakhs to ₹15.3 Lakhs per year
Dmi Finance	₹5.0 Lakhs to ₹11.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Area Collection Manager at Altum Credo Home Finance in India?

The salary growth for a Area Collection Manager at Altum Credo Home Finance depends on factors such as experience, performance, and promotions. On average, a Area Collection Manager can expect the following growth trajectory at Altum Credo Home Finance:

Experience	Average Salary Range
2 years	₹7.1 Lakhs to ₹9.0 Lakhs per year
3 years	₹7.1 Lakhs to ₹9.1 Lakhs per year
4 years	₹7.1 Lakhs to ₹9.1 Lakhs per year
5 years	₹7.1 Lakhs to ₹9.1 Lakhs per year

and so on.

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Altum Credo Home Finance Area Collection Manager Salaries

Altum Credo Home Finance Area Collection Manager salary in India ranges between ₹6.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Altum Credo Home Finance latest salaries received from various employees of Altum Credo Home Finance.