Avanse Financial Services Area Collection Manager Salaries by 6 Employees (Updated 2025)

10 - 18 years exp.

₹9 Lakhs - ₹13.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

9% more than the average Area Collection Manager Salary in Financial Services Companies for 10 - 18 years of experience

Interested in this particular role? 1 job opening

Last Updated: 11 Jan 2025

Companies similar to Avanse Financial Services for Area Collection Manager

Company name	Avg Annual Salary	Open Jobs
Axio Area Collection Manager Salary 11 - 22 years exp. (6 salaries)	₹9 L/yr - ₹16.1 L/yr 30% more
Jana Small Finance Bank Area Collection Manager Salary 2 - 13 years exp. (292 salaries)	₹1 L/yr - ₹6.1 L/yr 61% less	1 job opening
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Bajaj Finance Area Collection Manager Salary 5 - 15 years exp. (226 salaries)	₹5.1 L/yr - ₹18 L/yr 5% more
IDFC FIRST Bank Area Collection Manager Salary 8 - 18 years exp. (210 salaries)	₹6.3 L/yr - ₹20 L/yr 37% more
Cholamandalam Investment & Finance Area Collection Manager Salary 7 - 18 years exp. (200 salaries)	₹4.9 L/yr - ₹16 L/yr 3% more	5 job openings

Area Collection Manager salary at Avanse Financial Services ranges between ₹9 Lakhs to ₹13.5 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 6 latest salaries received from various employees of Avanse Financial Services.

Experience wise Avanse Financial Services Area Collection Manager salaries

Last Updated: 11 Jan 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹10.3 L/yr
11 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
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12 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
13 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
14 years (AmbitionBox Estimate)	₹4 L/yr - ₹10.3 L/yr
15+ years (4 salaries)	₹10.3 L/yr - ₹13.5 L/yr

View all

Similar Designation salaries in Avanse Financial Services

Collections Manager Salary

(15 salaries)

₹3.6 L/yr - ₹8.51 L/yr

Regional Collection Manager Salary

(AmbitionBox Estimate)

₹10.6 L/yr - ₹13.6 L/yr

Senior Collection Officer Salary

(3 salaries)

₹2.1 L/yr - ₹3.8 L/yr

Recovery Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Cluster Manager Salary

(19 salaries)

₹6.4 L/yr - ₹9.6 L/yr

Relationship Manager Salary

(25 salaries)

₹2.5 L/yr - ₹9.06 L/yr

Deputy Manager Salary

(49 salaries)

₹4.8 L/yr - ₹11 L/yr

Sales Executive Salary

(63 salaries)

₹1.9 L/yr - ₹4.07 L/yr

Team Lead Salary

(4 salaries)

₹2.1 L/yr - ₹5.9 L/yr

Top skills at Avanse Financial Services for Area Collection Manager

Collections Lap Collection Management Recovery Business Loan Mortgage Loans Collection Management Collections Purchase Team Handling Customer Service Salesforce Home Loans Vendor Management Loan Recovery

Salary related reviews for Avanse Financial Services

Rated by 1 employees for salary & benefits

Deputy Manager in Andheri

Customer Success, Service & Operations Department

1.0

• posted on 21 Apr 2022

1.0

for Salary and Benefits

Likes

There should be something to like inorder to answer this question. Shit place to work

Dislikes

...too. Systems are not mature enough. Maximum work is manual. Management is baise. Only pay comes on time

Salary - Bad

+6 more

Senior Graphic Designer in Mumbai

Full Time

Marketing & Communication Department

4.0

• posted on 29 Jul 2023

4.0

for Salary and Benefits

Likes

Good company as the director don't create pressure of work but is very flexible minded person, received salary on time.

Salary - Good

+2 more

Dislikes

The only thing that I don't like is they don't have off even for days like rakhi aur bhai duj or any other Indian festivals.

Skill development - Bad

+2 more

Management Trainee in Mumbai

Full Time

Risk Management & Compliance Department

1.0

• posted on 17 Jul 2023

2.0

for Salary and Benefits

Likes

Salary and employee benefits are good in terms with the market trends

Dislikes

There is no work life balance. Managers are extremely aggressive and it is expected to work overtime and on weekends. There is no training or guidance from the seniors and the attrition rate is very high due to which there is no stability. The HR does not take cognizance of employees issues.

Salary - Poor

+6 more

Credit Executive in Chennai

Full Time

Other Department

5.0

• posted on 27 Apr 2022

5.0

for Salary and Benefits

Likes

Avanse Financial Services Ltd is very good work environment and culture teammates and colliques are so supportive to me and the management is transparent. Company policies are good.

Salary - Excellent

+6 more

Dislikes

Really a good company.. Learn lot of things in the company. Salary is decent I have 1.5 years experience in the company

Branch Sales Manager in New Delhi

BFSI, Investments & Trading Department

5.0

• posted on 16 Apr 2021

5.0

for Salary and Benefits

Likes

Company take care of every aspect of the employee. During covid most of the company was deducting the salary but our company was giving the additional payment. Like leave inchasment and incentive. During customer company has taken care of every employee. Being a sales driven company still company is working roster..

Salary - Excellent

+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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Avanse Financial Services Area Collection Manager Salary FAQs

What is the salary of Area Collection Manager at Avanse Financial Services ?

The average salary of a Area Collection Manager at Avanse Financial Services in India typically ranges from ₹9.0 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 10 years to 18 years).

The top 10% of Area Collection Manager at Avanse Financial Services earn more than ₹13.3 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. Area Collection Manager Salaries at Avanse Financial Services 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 6 Avanse Financial Services employees in India.

What is the estimated take home salary of a Area Collection Manager at Avanse Financial Services in India?

The estimated take-home salary of a Area Collection Manager at Avanse Financial Services in India typically ranges from ₹70,731 to ₹72,551 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from 10 years to 18 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 6 salaries received from various employees of Avanse Financial Services. 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 Avanse Financial Services ?

To be a Area Collection Manager at Avanse Financial Services in india, the key skills required include:

- Collections
- Lap
- Collection Management
- Recovery
- Business Loan

These skills are highly valued at Avanse Financial Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Avanse Financial Services for Area Collection Manager in India?

IDFC FIRST Bank	₹6.3 Lakhs to ₹20.0 Lakhs per year
Axio	₹9.0 Lakhs to ₹16.1 Lakhs per year
Bajaj Finance	₹5.1 Lakhs to ₹18.0 Lakhs per year
Cholamandalam Investment & Finance	₹4.9 Lakhs to ₹16.0 Lakhs per year

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

What is the salary of a Area Collection Manager in companies similar to Avanse Financial Services in India?

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

Jana Small Finance Bank

₹1.0 Lakhs to ₹6.1 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 Avanse Financial Services in India?

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

Experience	Average Salary Range
10 years	₹3.7 Lakhs to ₹10.3 Lakhs per year
11 years	₹8.5 Lakhs to ₹10.9 Lakhs per year
12 years	₹8.7 Lakhs to ₹11.1 Lakhs per year
13 years	₹8.8 Lakhs to ₹11.2 Lakhs per year

and so on.

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Avanse Financial Services Area Collection Manager Salaries

Avanse Financial Services Area Collection Manager salary in India ranges between ₹9 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Avanse Financial Services latest salaries received from various employees of Avanse Financial Services.