Annapurna Finance Collections Manager Salaries by 4 Employees

5 - 8 years exp.

₹4.2 Lakhs - ₹5.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

5% less than the average Collections Manager Salary in NBFC Companies for 5 - 8 years of experience

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Salaries in different departments

Finance & Accounting Collections Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
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BFSI, Investments & Trading Collections Manager Salary 5 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹5.4 L/yr

Last Updated: 23 Aug 2024

Companies similar to Annapurna Finance for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Tata Capital Collections Manager Salary 3 - 12 years exp. (294 salaries)	₹2.4 L/yr - ₹9.7 L/yr 15% more	15 job openings
Bajaj Finance Collections Manager Salary 0 - 11 years exp. (343 salaries)	₹1.2 L/yr - ₹7.8 L/yr 9% less
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HDB Financial Services Collections Manager Salary 2 - 17 years exp. (264 salaries)	₹3 L/yr - ₹9 L/yr 19% more	6 job openings
SMFG India Credit Collections Manager Salary 4 - 10 years exp. (199 salaries)	₹2 L/yr - ₹9.5 L/yr 8% less
L&T Finance Collections Manager Salary 4 - 12 years exp. (181 salaries)	₹2.4 L/yr - ₹9 L/yr 14% more
Shriram Finance Collections Manager Salary 2 - 10 years exp. (184 salaries)	₹1.9 L/yr - ₹6 L/yr 27% less
Aditya Birla Finance Collections Manager Salary 4 - 9 years exp. (89 salaries)	₹3.6 L/yr - ₹9 L/yr 23% more
TVS Credit Collections Manager Salary 3 - 15 years exp. (76 salaries)	₹3.2 L/yr - ₹6.5 L/yr 3% less
Mahindra Finance Collections Manager Salary 2 - 10 years exp. (73 salaries)	₹1.5 L/yr - ₹5.5 L/yr 30% less	1 job opening
Tata Motors Finance Collections Manager Salary 4 - 11 years exp. (57 salaries)	₹2.2 L/yr - ₹5 L/yr 32% less
IIFL Finance Collections Manager Salary 3 - 10 years exp. (54 salaries)	₹2.8 L/yr - ₹7 L/yr 5% less
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Veritas Finance Collections Manager Salary 3 - 7 years exp. (41 salaries)	₹1.8 L/yr - ₹3.6 L/yr 45% less
Piramal Capital Housing Finance Collections Manager Salary 3 - 12 years exp. (40 salaries)	₹2.5 L/yr - ₹9.2 L/yr 14% more
Aavas Financiers Collections Manager Salary 2 - 7 years exp. (34 salaries)	₹2 L/yr - ₹5 L/yr 37% less
Manappuram Finance Collections Manager Salary 2 - 17 years exp. (15 salaries)	₹3 L/yr - ₹8 L/yr 13% less
Muthoot Finance Collections Manager Salary 4 - 11 years exp. (14 salaries)	₹2.3 L/yr - ₹5.5 L/yr 14% less	2 job openings
SK Finance Limited Collections Manager Salary 0 - 14 years exp. (13 salaries)	₹2.9 L/yr - ₹10 L/yr 29% more
Muthoot Fincorp Collections Manager Salary 4 - 11 years exp. (12 salaries)	₹2.7 L/yr - ₹6.8 L/yr 17% less
Aye Finance Collections Manager Salary 4 - 12 years exp. (9 salaries)	₹3.5 L/yr - ₹6.8 L/yr 5% less
Fusion Microfinance Collections Manager Salary 5 - 9 years exp. (5 salaries)	₹4.2 L/yr - ₹5 L/yr 14% less

View all

Collections Manager salary at Annapurna Finance ranges between ₹4.2 Lakhs to ₹5.4 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Annapurna Finance.

Experience wise Annapurna Finance Collections Manager salaries

Last Updated: 23 Aug 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
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7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr

Similar Designation salaries in Annapurna Finance

Collection Officer Salary

(12 salaries)

₹2.5 L/yr - ₹3.6 L/yr

Area Collection Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Branch Collection Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Cluster Manager Salary

(16 salaries)

₹5 L/yr - ₹10 L/yr

Relationship Manager Salary

(11 salaries)

₹2 L/yr - ₹4.7 L/yr

Branch Manager Salary

(150 salaries)

₹2.05 L/yr - ₹6.25 L/yr

Area Manager Salary

(36 salaries)

₹4.7 L/yr - ₹9 L/yr

Deputy Manager Salary

(120 salaries)

₹2.15 L/yr - ₹7.39 L/yr

Senior Collection Officer Salary

(6 salaries)

₹2 L/yr - ₹2.4 L/yr

Branch Receivable Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Salary related reviews for Annapurna Finance

3.5

Rated by 3 employees for salary & benefits

Deputy Manager in Bhubaneswar

Full Time

Other Department

2.0

• posted on 21 Apr 2023

1.0

for Salary and Benefits

Likes

Scope. There indeed is a lot to learn on practical aspevts but again its an individuals choice. Good to start career with such org but not a good haul to stay fr long period as you might feel stagnant.

Job security - Good

+1 more

Dislikes

Culture and baised way of salary structure. Unprofessional way of work. No value for quality work. More of a sheep or donkey rearing place. Unorganised work and heavy load with no appropriate compensation.

Salary - Bad

+4 more

State Head in Patna

BFSI, Investments & Trading Department

5.0

• posted on 12 Nov 2021

5.0

for Salary and Benefits

Likes

... always thinking for staff benifits. Time to time rewards and benifits provided. Appraisal, salary hike every year.

Salary - Excellent

+6 more

Dislikes

Sales Executive in Sillod

FCO Department

4.0

• posted on 30 Jan 2020

4.0

for Salary and Benefits

Likes

I like Annapurna finance Pvt.Ltd. Compensation & benefits

Salary - Good

+1 more

Dislikes

Compensation is decent but growth is slow The work pressure is very high.Sometimes, I have to work 14 -18 hours Straight in a day as I have to attend clint calls in the evening and sometimes late into the night. Managers do not value an individuals' unique strengths, which is why I have to take back my suggestions most of the times. Ido receive appreciation emails from my clint, but they mostly go unnoticed during my mid-year appraisals.

Work-life balance - Bad

Branch Manager

Finance & Accounting Department

5.0

• posted on 11 Dec 2018

3.0

for Salary and Benefits

Likes

Annapurana microfinance pvt.Ltd. is the finest work place for fresher's who wants to make carrier in finance department or banking. Here job is challenging and a good work place .

Skill development - Good

+2 more

Dislikes

This company has no time limit to work ,monthly 4 leaves, good salary and timing, branch management not good.

Company culture - Poor

Management Associate in Bhubaneswar

Full Time

Quality Assurance Department

1.0

• posted on 25 Aug 2024

1.0

for Salary and Benefits

Likes

On time salary.

Dislikes

Behaviour of HOD's. Some HOD's have no vision they are very much confused what to do and don't have proper knowledge. No Work life balance. Some times you have to seat beyond working hours just for oil polishing to bosses.

Salary - Bad

+6 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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Annapurna Finance Collections Manager Salary FAQs

What is the salary of Collections Manager at Annapurna Finance ?

The average salary of a Collections Manager at Annapurna Finance in India typically ranges from ₹4.2 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Collections Manager at Annapurna Finance earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Collections Manager Salaries at Annapurna 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 4 Annapurna Finance employees in India.

What is the estimated take home salary of a Collections Manager at Annapurna Finance in India?

The estimated take-home salary of a Collections Manager at Annapurna Finance in India typically ranges from ₹40,016 to ₹41,180 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 5 years to 8 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 Annapurna Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Annapurna Finance for Collections Manager in India?

Chaitanya India Fin Credit	₹3.6 Lakhs to ₹10.0 Lakhs per year
SK Finance Limited	₹2.9 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Finance	₹3.6 Lakhs to ₹9.0 Lakhs per year
Bharat Financial Inclusion	₹5.2 Lakhs to ₹8.0 Lakhs per year
HDB Financial Services	₹3.0 Lakhs to ₹9.0 Lakhs per year

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

What is the salary of a Collections Manager in companies similar to Annapurna Finance in India?

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

Tata Capital	₹2.4 Lakhs to ₹9.7 Lakhs per year
Piramal Capital Housing Finance	₹2.5 Lakhs to ₹9.2 Lakhs per year
L&T Finance	₹2.4 Lakhs to ₹9.0 Lakhs per year
Muthoot Microfin	₹4.8 Lakhs to ₹6.2 Lakhs per year
TVS Credit	₹3.2 Lakhs to ₹6.5 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 Annapurna Finance in India?

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

Experience	Average Salary Range
5 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
6 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
7 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
8 years	₹4.8 Lakhs to ₹6.1 Lakhs per year

and so on.

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Annapurna Finance Collections Manager Salaries

Annapurna Finance Collections Manager salary in India ranges between ₹4.2 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Annapurna Finance latest salaries received from various employees of Annapurna Finance.