Ambit Finvest Area Collection Manager Salaries by 2 Employees (Updated 2024)

8 - 12 years exp.

₹7.3 Lakhs - ₹9.3 Lakhs

Low Confidence

Salary of majority employees

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Salaries in different departments

BFSI, Investments & Trading Area Collection Manager Salary 12 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.9 L/yr
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Finance & Accounting Area Collection Manager Salary 8 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹8 L/yr

Last Updated: 24 Nov 2024

Companies similar to Ambit Finvest for Area Collection Manager

Company name	Avg Annual Salary	Open Jobs
Edelweiss Area Collection Manager Salary 8 - 16 years exp. (6 salaries)	₹7.5 L/yr - ₹15.2 L/yr 31% more
IIFL Finance Area Collection Manager Salary 10 - 16 years exp. (6 salaries)	₹3.4 L/yr - ₹11.5 L/yr At par
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L&T Finance Area Collection Manager Salary 5 - 16 years exp. (176 salaries)	₹3.5 L/yr - ₹12 L/yr 6% less
Bajaj Finance Area Collection Manager Salary 4 - 15 years exp. (223 salaries)	₹5.1 L/yr - ₹18 L/yr 22% more
HDFC Bank Area Collection Manager Salary 10 - 22 years exp. (175 salaries)	₹6.3 L/yr - ₹22.6 L/yr 66% more
Kotak Mahindra Bank Area Collection Manager Salary 6 - 19 years exp. (76 salaries)	₹4.5 L/yr - ₹16.3 L/yr 32% more
Sammaan Capital Limited Area Collection Manager Salary 6 - 19 years exp. (29 salaries)	₹4.7 L/yr - ₹12.3 L/yr 11% less
Aditya Birla Capital Area Collection Manager Salary 7 - 18 years exp. (15 salaries)	₹8.9 L/yr - ₹19.1 L/yr 50% more
Mahindra Finance Area Collection Manager Salary 7 - 18 years exp. (184 salaries)	₹3.2 L/yr - ₹11.5 L/yr 21% less
Shriram Finance Area Collection Manager Salary 3 - 20 years exp. (15 salaries)	₹3.6 L/yr - ₹10.2 L/yr 19% less
Dhani Loans and Services Area Collection Manager Salary 5 - 15 years exp. (94 salaries)	₹3.3 L/yr - ₹10.3 L/yr 24% less	1 job opening
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Hinduja Leyland Finance Area Collection Manager Salary 4 - 13 years exp. (79 salaries)	₹3.2 L/yr - ₹9.7 L/yr 34% less
Bajaj Housing Finance Area Collection Manager Salary 8 - 17 years exp. (41 salaries)	₹8 L/yr - ₹17 L/yr 28% more
Kotak Mahindra Prime Area Collection Manager Salary 8 - 15 years exp. (32 salaries)	₹6.3 L/yr - ₹14 L/yr 13% more
LendingKart Area Collection Manager Salary 8 - 18 years exp. (16 salaries)	₹6.3 L/yr - ₹18 L/yr 35% more
Hero FinCorp Area Collection Manager Salary 8 - 17 years exp. (11 salaries)	₹6 L/yr - ₹10.3 L/yr 16% less
Shubham Housing Development Finance Area Collection Manager Salary 8 - 15 years exp. (10 salaries)	₹4.5 L/yr - ₹11.7 L/yr 13% less
PNB Housing Finance Area Collection Manager Salary 7 - 18 years exp. (12 salaries)	₹5 L/yr - ₹17.5 L/yr 28% more
Fedbank Financial Services Area Collection Manager Salary 5 - 20 years exp. (12 salaries)	₹5.5 L/yr - ₹12 L/yr 14% more
Tata Capital Housing Finance Area Collection Manager Salary 5 - 17 years exp. (8 salaries)	₹7.7 L/yr - ₹16.2 L/yr 58% more

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Area Collection Manager salary at Ambit Finvest ranges between ₹7.3 Lakhs to ₹9.3 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 2 latest salaries received from various employees of Ambit Finvest.

Similar Designation salaries in Ambit Finvest

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Collections Manager Salary

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Regional Collection Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Collection Officer Salary

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₹2.7 L/yr - ₹3.5 L/yr

Senior Collection Officer Salary

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₹3.4 L/yr - ₹4.4 L/yr

Area Manager Salary

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₹7.2 L/yr - ₹9.2 L/yr

Branch Manager Salary

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Cluster Manager Salary

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₹14.3 L/yr - ₹18.3 L/yr

Relationship Manager Salary

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₹2.65 L/yr - ₹6.5 L/yr

Top skills at Ambit Finvest for Area Collection Manager

Cash Flow Collections Recovery Management Npa Management Recovery Debt Recovery Collections Strategy

Salary related reviews for Ambit Finvest

Deputy Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 09 Sep 2023

3.0

for Salary and Benefits

Likes

Good place for work. Seniors behavior is very good. Salary on time. Maintain online traing course.

Dislikes

Incentive plans are very bad. July 23- month incentive did not received with august month salary and no one answerable about it. Promotion pending...

Senior Executive Operations in Zirakpur

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 18 Sep 2023

4.0

for Salary and Benefits

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More learning anvironment and overall amazing work culture.

Dislikes

There is not much growth in the operation department. No promotion within working 3years and bonus not taken a good as compare to other deaprtment.

Sales Manager in Kalyan / Dombivli

BFSI, Investments & Trading Department

4.0

• posted on 17 May 2021

3.0

for Salary and Benefits

Likes

...s very Good company. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike.

Dislikes

No Thanks only customer service is slow and no any customer care number for customer service.

Business Analyst in Mumbai

Full Time

Strategic & Top Management Department

1.0

• posted on 26 Oct 2024

1.0

for Salary and Benefits

Likes

Very bad experience to join ambit.

Dislikes

People over there is not good ,they have been there for long time so treating themselves like God of project, Not coming from out side 😅😅😅, If they will compare they will know reality where they are 😅😅😅

Sales Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 28 Apr 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Certainly, here's a concise list outlining the negative experiences for new joiners at Ambit Finves: Lack of Incentives: Despite achieving targets or contests, employees receive no proper incentives, leading to feelings of disheartenment and lack of motivation. Poor Work-Life Balance: Employees are pressured to work even on Sundays, disregarding the importance of maintaining a healthy work-life balance. Ethical Concerns: Decisions are made abruptly and without proper consideration of ethics, such as last-minute cancellations of scheduled holidays, causing frustration and distrust among employees. It's important for new joiners to be aware of these issues

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Ambit Finvest Area Collection Manager Salary FAQs

What is the notice period for Area Collection Manager at Ambit Finvest?

According to AmbitionBox, 50% of the Ambit Finvest Area Collection Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Ambit Finvest Area Collection Manager Salaries

Ambit Finvest Area Collection Manager salary in India ranges between ₹7.3 Lakhs to ₹9.3 Lakhs. This is an estimate based on latest salaries received from employees of Ambit Finvest.