Avanse Financial Services Collections Manager Salaries by 10+ Employees (Updated 2025)

6 - 11 years exp.

₹3.6 Lakhs - ₹8.5 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

10% more than the average Collections Manager Salary in Financial Services Companies for 6 - 11 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting Collections Manager Salary 7 - 11 years exp. (6 salaries)	₹4.3 L/yr - ₹8.5 L/yr
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BFSI, Investments & Trading Collections Manager Salary 6 - 9 years exp. (5 salaries)	₹3.6 L/yr - ₹8.5 L/yr

Last Updated: 8 Mar 2025

Companies similar to Avanse Financial Services for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Axio Collections Manager Salary 3 - 12 years exp. (25 salaries)	₹2.5 L/yr - ₹8.3 L/yr 17% less
Hero Housing Finance Collections Manager Salary 5 - 12 years exp. (14 salaries)	₹4 L/yr - ₹12.5 L/yr 22% more
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Pamac Finserve Collections Manager Salary 1 - 7 years exp. (6 salaries)	₹2.9 L/yr - ₹4.4 L/yr 34% less
KapitalTech Collections Manager Salary 4 - 20 years exp. (6 salaries)	₹4 L/yr - ₹5.5 L/yr 21% less
SMEcorner Collections Manager Salary 6 - 16 years exp. (5 salaries)	₹4.5 L/yr - ₹10 L/yr 12% more
Indusind Marketing & Financial Services Collections Manager Salary 6 - 8 years exp. (4 salaries)	₹2.5 L/yr - ₹5 L/yr 43% less
HDFC Credila Financial Services Collections Manager Salary 5 - 10 years exp. (4 salaries)	₹5.4 L/yr - ₹7.5 L/yr 6% less
Samunnati Financial Intermediation and Services Collections Manager Salary 8 - 15 years exp. (4 salaries)	₹6.5 L/yr - ₹8 L/yr 13% more
Oxyzo Financial Services Collections Manager Salary 7 - 15 years exp. (4 salaries)	₹7 L/yr - ₹12 L/yr 64% more
Groww Collections Manager Salary 4 - 9 years exp. (4 salaries)	₹5.1 L/yr - ₹12 L/yr 51% more
Home First Finance Company India Collections Manager Salary 7 - 10 years exp. (4 salaries)	₹7 L/yr - ₹17 L/yr 85% more
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Collections Manager salary at Avanse Financial Services ranges between ₹3.6 Lakhs to ₹8.5 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 15 latest salaries received from various employees of Avanse Financial Services.

Latest annual salaries shared by Avanse Financial Services Collections Manager

3d ago

₹6.7 Lakhs

9 years exp.

1w ago

₹7 Lakhs

8 years exp.

1mo ago

₹8.5 Lakhs

8 years exp.

2mo ago

₹6.7 Lakhs

8 years exp.

5mo ago

₹8.5 Lakhs

11 years exp.

9mo ago

9 years exp.

1y ago

7 years exp.

1y ago

10 years exp.

1y ago

9 years exp.

1y ago

10 years exp.

Experience wise Avanse Financial Services Collections Manager salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.1 L/yr
7 years (3 salaries)	₹3.6 L/yr - ₹6.9 L/yr
Login to view exact salary
8 years (4 salaries)	₹3.6 L/yr - ₹8.5 L/yr
9 years (4 salaries)	₹4.3 L/yr - ₹6.7 L/yr
10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.5 L/yr
11 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹8.5 L/yr

View all

Similar Designation salaries in Avanse Financial Services

Area Collection Manager Salary

(6 salaries)

₹9.03 L/yr - ₹13.5 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

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

Deputy Manager Salary

(49 salaries)

₹4.8 L/yr - ₹11 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

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 Collections Manager

Collections Npa Management Recovery NBFC Business Loan Home Loans Personal Loans Lap PMO mortgage US Mortgage NBFC Costing Portfolio Management Private Banking

Salary related reviews for Avanse Financial Services

4.8

Rated by 4 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 Collections Manager Salary FAQs

What is the salary of Collections Manager at Avanse Financial Services ?

The average salary of a Collections Manager at Avanse Financial Services in India typically ranges from ₹3.6 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 6 years to 11 years).

The top 10% of Collections Manager at Avanse Financial Services earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Collections 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 10+ Avanse Financial Services employees in India.

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

The estimated take-home salary of a Collections Manager at Avanse Financial Services in India typically ranges from ₹47,049 to ₹48,163 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 6 years to 11 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 10+ 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 Collections Manager at Avanse Financial Services ?

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

- Collections
- Npa Management
- Recovery
- NBFC
- 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 Collections Manager in India?

Home First Finance Company India	₹7.0 Lakhs to ₹17.0 Lakhs per year
Oxyzo Financial Services	₹7.0 Lakhs to ₹12.0 Lakhs per year
Groww	₹5.1 Lakhs to ₹12.0 Lakhs per year
Hero Housing Finance	₹4.0 Lakhs to ₹12.5 Lakhs per year
Samunnati Financial Intermediation and Services	₹6.5 Lakhs to ₹8.0 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 Collections Manager in companies similar to Avanse Financial Services in India?

The salary of a Collections 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:

SMEcorner	₹4.5 Lakhs to ₹10.0 Lakhs per year
HDFC Credila Financial Services	₹5.4 Lakhs to ₹7.5 Lakhs per year
Axio	₹2.5 Lakhs to ₹8.3 Lakhs per year
KapitalTech	₹4.0 Lakhs to ₹5.5 Lakhs per year
Pamac Finserve	₹2.9 Lakhs to ₹4.4 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 Avanse Financial Services in India?

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

Experience	Average Salary Range
6 years	₹2.3 Lakhs to ₹6.1 Lakhs per year
7 years	₹3.6 Lakhs to ₹6.9 Lakhs per year
8 years	₹3.6 Lakhs to ₹8.5 Lakhs per year
9 years	₹4.3 Lakhs to ₹6.7 Lakhs per year

and so on.

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Avanse Financial Services Collections Manager Salaries

Avanse Financial Services Collections Manager salary in India ranges between ₹3.6 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Avanse Financial Services latest salaries received from various employees of Avanse Financial Services.