Ambit Finvest Collections Manager Salaries by 8 Employees

2 - 17 years exp.

₹4.5 Lakhs - ₹11.3 Lakhs

Salary of majority employees

28% more than the average Collections Manager Salary in NBFC Companies for 2 - 17 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹7.5 L/yr
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Risk Management & Compliance Collections Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹7.6 L/yr

Last Updated: 8 May 2024

Companies similar to Ambit Finvest for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Edelweiss Collections Manager Salary 3 - 15 years exp. (14 salaries)	₹3.5 L/yr - ₹10.5 L/yr 11% less
IIFL Finance Collections Manager Salary 3 - 10 years exp. (56 salaries)	₹2.8 L/yr - ₹7 L/yr 31% less
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L&T Finance Collections Manager Salary 4 - 12 years exp. (181 salaries)	₹2.4 L/yr - ₹9.8 L/yr 15% less
Bajaj Finance Collections Manager Salary 0 - 11 years exp. (339 salaries)	₹1.2 L/yr - ₹7.8 L/yr 33% less
HDFC Bank Collections Manager Salary 1 - 18 years exp. (1.1k salaries)	₹2 L/yr - ₹11.1 L/yr 7% less	7 job openings
Kotak Mahindra Bank Collections Manager Salary 3 - 14 years exp. (302 salaries)	₹1.8 L/yr - ₹9.8 L/yr 14% less
Sammaan Capital Limited Collections Manager Salary 2 - 14 years exp. (70 salaries)	₹2.4 L/yr - ₹6.5 L/yr 34% less
Aditya Birla Capital Collections Manager Salary 3 - 14 years exp. (72 salaries)	₹3.1 L/yr - ₹10.3 L/yr 13% less
Mahindra Finance Collections Manager Salary 2 - 10 years exp. (73 salaries)	₹1.5 L/yr - ₹5.5 L/yr 48% less
Shriram Finance Collections Manager Salary 2 - 10 years exp. (184 salaries)	₹1.9 L/yr - ₹6 L/yr 47% less
Hero FinCorp Collections Manager Salary 3 - 17 years exp. (303 salaries)	₹3.1 L/yr - ₹10.2 L/yr 7% less
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Dhani Loans and Services Collections Manager Salary 3 - 15 years exp. (244 salaries)	₹2.1 L/yr - ₹6.9 L/yr 44% less
Kotak Mahindra Prime Collections Manager Salary 3 - 10 years exp. (132 salaries)	₹2.3 L/yr - ₹8.3 L/yr 35% less
IIFL Home Finance Collections Manager Salary 0 - 10 years exp. (65 salaries)	₹2.6 L/yr - ₹7 L/yr 42% less
Bajaj Housing Finance Collections Manager Salary 5 - 10 years exp. (52 salaries)	₹4 L/yr - ₹8.3 L/yr 14% less
Shubham Housing Development Finance Collections Manager Salary 5 - 11 years exp. (43 salaries)	₹2.4 L/yr - ₹5 L/yr 51% less
Hinduja Leyland Finance Collections Manager Salary 4 - 10 years exp. (31 salaries)	₹2.8 L/yr - ₹6 L/yr 38% less
Tata Capital Housing Finance Collections Manager Salary 4 - 12 years exp. (40 salaries)	₹3.8 L/yr - ₹11.2 L/yr 9% less
LendingKart Collections Manager Salary 3 - 14 years exp. (41 salaries)	₹3.1 L/yr - ₹9.4 L/yr 21% less
PNB Housing Finance Collections Manager Salary 0 - 11 years exp. (33 salaries)	₹3.3 L/yr - ₹7.5 L/yr 34% less

View all

Collections Manager salary at Ambit Finvest ranges between ₹4.5 Lakhs to ₹11.3 Lakhs per year for employees with experience between 2 years to 17 years. Salary estimates are based on 8 latest salaries received from various employees of Ambit Finvest.

Experience wise Ambit Finvest Collections Manager salaries

Last Updated: 8 May 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹11.1 L/yr
3 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹11.3 L/yr
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4 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
5 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹12.3 L/yr
8 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
9 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
10 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹9.9 L/yr
11 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
12 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
13 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
14 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
15+ years (3 salaries)	₹7.7 L/yr - ₹11.3 L/yr

View all

Similar Designation salaries in Ambit Finvest

Collection Officer Salary

(3 salaries)

₹2.2 L/yr - ₹3 L/yr

Area Collection Manager Salary

(4 salaries)

₹7.2 L/yr - ₹9.1 L/yr

Zonal Collection Manager Salary

(6 salaries)

₹15.5 L/yr - ₹25 L/yr

Branch Collection Manager Salary

(18 salaries)

₹4.5 L/yr - ₹11.5 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹14.3 L/yr - ₹18.3 L/yr

Relationship Manager Salary

(7 salaries)

₹2.65 L/yr - ₹7.2 L/yr

Branch Manager Salary

(51 salaries)

₹4.2 L/yr - ₹13 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Deputy Manager Salary

(17 salaries)

₹5.65 L/yr - ₹9 L/yr

Regional Collection Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Top skills at Ambit Finvest for Collections Manager

Interpersonal Skills Training Excel Collection Management Private Banking Process Management Auditing Regulatory Compliance Delinquency Management Collections Strategy

Salary related reviews for Ambit Finvest

5.0

Rated by 2 employees for salary & benefits

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.

Skill development - Good

+4 more

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

Likes

More learning anvironment and overall amazing work culture.

Salary - Good

+5 more

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.

Promotions - Good

+2 more

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 😅😅😅

Salary - Bad

+6 more

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

Skill development - Good

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

Salary - Bad

+5 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Ambit Finvest Collections Manager Salary FAQs

What is the salary of Collections Manager at Ambit Finvest ?

The average salary of a Collections Manager at Ambit Finvest in India typically ranges from ₹4.5 Lakhs to ₹11.3 Lakhs per year, depending on experience (from 2 years to 17 years).

The top 10% of Collections Manager at Ambit Finvest earn more than ₹11.3 Lakhs per year, and the top 1% earn over ₹11.3 Lakhs per year. Collections Manager Salaries at Ambit Finvest 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 8 Ambit Finvest employees in India.

What is the estimated take home salary of a Collections Manager at Ambit Finvest in India?

The estimated take-home salary of a Collections Manager at Ambit Finvest in India typically ranges from ₹53,519 to ₹54,853 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹11.3 Lakhs per year for employees with experience ranging from 2 years to 17 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 8 salaries received from various employees of Ambit Finvest. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Collections Manager at Ambit Finvest ?

To be a Collections Manager at Ambit Finvest in india, the key skills required include:

- Interpersonal Skills
- Training
- Excel
- Collection Management
- Private Banking

These skills are highly valued at Ambit Finvest and are crucial for successful performance in a Software Engineering role.

What is the salary of a Collections Manager in companies similar to Ambit Finvest in India?

The salary of a Collections Manager at companies similar to Ambit Finvest in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹2.0 Lakhs to ₹11.1 Lakhs per year
Hero FinCorp	₹3.1 Lakhs to ₹10.2 Lakhs per year
Tata Capital Housing Finance	₹3.8 Lakhs to ₹11.2 Lakhs per year
Edelweiss	₹3.5 Lakhs to ₹10.5 Lakhs per year
Aditya Birla Capital	₹3.1 Lakhs to ₹10.3 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 Collections Manager at Ambit Finvest in India?

The salary growth for a Collections Manager at Ambit Finvest depends on factors such as experience, performance, and promotions. On average, a Collections Manager can expect the following growth trajectory at Ambit Finvest:

Experience	Average Salary Range
2 years	₹5.3 Lakhs to ₹11.1 Lakhs per year
3 years	₹5.3 Lakhs to ₹11.3 Lakhs per year
4 years	₹5.8 Lakhs to ₹7.4 Lakhs per year
5 years	₹5.9 Lakhs to ₹7.5 Lakhs per year

and so on.

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Ambit Finvest Collections Manager Salaries

Ambit Finvest Collections Manager salary in India ranges between ₹4.5 Lakhs to ₹11.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Ambit Finvest latest salaries received from various employees of Ambit Finvest.