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

6 - 11 years exp.

₹3.6 Lakhs - ₹8.5 Lakhs

Salary of majority employees

9% more than the average Collections Manager Salary in Financial Services Companies for 6 - 11 years of experience

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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: 2 Mar 2025

Companies similar to Avanse Financial Services for Collections Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collections Manager Salary 0 - 18 years exp. (1.1k salaries)	₹3 L/yr - ₹11.1 L/yr 7% more	3 job openings
ICICI Bank Collections Manager Salary 3 - 15 years exp. (318 salaries)	₹2.5 L/yr - ₹12 L/yr 19% more
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Axis Bank Collections Manager Salary 4 - 14 years exp. (285 salaries)	₹2.9 L/yr - ₹13 L/yr 20% more
Bajaj Finserv Collections Manager Salary 0 - 10 years exp. (421 salaries)	₹1.2 L/yr - ₹8.5 L/yr 19% less
Kotak Mahindra Bank Collections Manager Salary 3 - 14 years exp. (302 salaries)	₹1.8 L/yr - ₹9.8 L/yr At par
Bajaj Finance Collections Manager Salary 0 - 11 years exp. (340 salaries)	₹1.2 L/yr - ₹9.5 L/yr 20% less
Tata Capital Collections Manager Salary 3 - 13 years exp. (293 salaries)	₹2.4 L/yr - ₹9.5 L/yr 2% more	12 job openings
L&T Finance Collections Manager Salary 4 - 12 years exp. (117 salaries)	₹2.5 L/yr - ₹8.6 L/yr At par
Mahindra Finance Collections Manager Salary 2 - 10 years exp. (78 salaries)	₹1.5 L/yr - ₹5.5 L/yr 40% less
Aditya Birla Capital Collections Manager Salary 3 - 13 years exp. (74 salaries)	₹3.1 L/yr - ₹10.3 L/yr 8% more
Axio Collections Manager Salary 3 - 13 years exp. (26 salaries)	₹4.1 L/yr - ₹8.3 L/yr 15% less
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Edelweiss Collections Manager Salary 3 - 15 years exp. (14 salaries)	₹3.5 L/yr - ₹10.5 L/yr 3% more
Hero Housing Finance Collections Manager Salary 5 - 12 years exp. (13 salaries)	₹4 L/yr - ₹13 L/yr 22% more
Reliance Capital Collections Manager Salary 5 - 11 years exp. (6 salaries)	₹4.5 L/yr - ₹6.6 L/yr 15% less
Pamac Finserve Collections Manager Salary 1 - 7 years exp. (6 salaries)	₹2.9 L/yr - ₹4.4 L/yr 34% less
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 5% less
Groww Collections Manager Salary 4 - 9 years exp. (4 salaries)	₹5.1 L/yr - ₹12 L/yr 53% more
Home First Finance Company India Collections Manager Salary 2 - 8 years exp. (3 salaries)	₹7 L/yr - ₹9 L/yr 31% more

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 14 latest salaries received from various employees of Avanse Financial Services.

Experience wise Avanse Financial Services Collections Manager salaries

Last Updated: 2 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
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8 years (4 salaries)	₹3.6 L/yr - ₹8.5 L/yr
9 years (3 salaries)	₹4.3 L/yr - ₹11.1 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 - ₹10.5 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

(62 salaries)

₹2 L/yr - ₹3.6 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

4.6

Rated by 3 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

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Avanse Financial Services Collections Manager Salary FAQs

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

Collections Manager salary at Avanse Financial Services in India ranges between ₹3.6 Lakhs to ₹8.5 Lakhs for experience between 6 years to 11 years. According to our estimates it is 9% more than the average Collections Manager Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Avanse Financial Services India.

How does the salary of a Collections Manager at Avanse Financial Services India compare with the average salary range for this job?

The average salary of a Collections Manager at Avanse Financial Services is 9% more than the average salary of a Collections Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Collections Manager at Avanse Financial Services?

Collections, Npa Management, Recovery, NBFC and Business Loan are some of the popular skills required to work as a Collections Manager at Avanse Financial Services India.

Which similar companies are paying more than Avanse Financial Services to a Collections Manager in India?

Groww Collections Manager Salary - ₹5.1 Lakhs to ₹12.0 Lakhs per year
Home First Finance Company India Collections Manager Salary - ₹7.0 Lakhs to ₹9.0 Lakhs per year
Hero Housing Finance Collections Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year
Axis Bank Collections Manager Salary - ₹2.9 Lakhs to ₹13.0 Lakhs per year
ICICI Bank Collections Manager Salary - ₹2.5 Lakhs to ₹12.0 Lakhs per year

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

Aditya Birla Capital Collections Manager Salary - ₹3.1 Lakhs to ₹10.3 Lakhs per year
HDFC Bank Collections Manager Salary - ₹3.0 Lakhs to ₹11.1 Lakhs per year
Edelweiss Collections Manager Salary - ₹3.5 Lakhs to ₹10.5 Lakhs per year
Tata Capital Collections Manager Salary - ₹2.4 Lakhs to ₹9.5 Lakhs per year
Kotak Mahindra Bank Collections Manager Salary - ₹1.8 Lakhs to ₹9.8 Lakhs per year

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 ranges between ₹46,339 per month to ₹47,437 per month in India. The take-home salary calculation is based on the average Avanse Financial Services Collections Manager salary in India which ranges between ₹3.6 Lakhs to ₹8.5 Lakhs per year for employees with experience between 6 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Collections Manager at Avanse Financial Services?

According to AmbitionBox, 93% of the Avanse Financial Services Collections Managers reported a notice period of 3 Months, 7% reported a notice period of 1 Month.This is based on 14 responses on AmbitionBox in last 2 years.

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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 14 Avanse Financial Services latest salaries received from various employees of Avanse Financial Services.