Bajaj Finance Mumbai Assistant Manager Collections Salaries by 20+ Employees

2 - 9 years exp.

₹2.8 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Assistant Manager Collections Salary in NBFC Companies for 2 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Collections Salary 2 - 8 years exp. (12 salaries)	₹3 L/yr - ₹5 L/yr
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Finance & Accounting Assistant Manager Collections Salary 2 - 9 years exp. (4 salaries)	₹3.2 L/yr - ₹4.5 L/yr

Last Updated: 20 Mar 2024

Companies similar to Bajaj Finance for Assistant Manager Collections in Mumbai

Bajaj Finance Assistant Manager Collections Salary

2 - 9 years exp. (26 salaries)

₹2.8 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Assistant Manager Collections Salary 5 - 10 years exp. (3 salaries)	₹5.5 L/yr - ₹6.2 L/yr 46% more
Bajaj Finserv Assistant Manager Collections Salary 3 - 7 years exp. (13 salaries)	₹3.5 L/yr - ₹5 L/yr 13% more
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GrayQuest Assistant Manager Collections Salary 5 years exp. (5 salaries)	₹5 L/yr - ₹7 L/yr 42% more
Bell Finvest Assistant Manager Collections Salary 13 - 15 years exp. (4 salaries)	₹4 L/yr - ₹5.1 L/yr 15% more
Jana Small Finance Bank Assistant Manager Collections Salary 4 - 7 years exp. (4 salaries)	₹2.9 L/yr - ₹4.5 L/yr 4% less

Assistant Manager Collections salary at Bajaj Finance ranges between ₹2.8 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 26 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Assistant Manager Collections salaries in Mumbai

Last Updated: 20 Mar 2024

Experience	Avg Annual Salary
2 years (5 salaries)	₹3 L/yr - ₹4.4 L/yr
3 years (3 salaries)	₹3.7 L/yr - ₹4.7 L/yr
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4 years (6 salaries)	₹2.8 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
6 years (4 salaries)	₹3.2 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
9 years (3 salaries)	₹3.1 L/yr - ₹8.2 L/yr

View all

Similar Designation salaries in Bajaj Finance

Collections Manager Salary

(35 salaries)

₹1.2 L/yr - ₹7.8 L/yr

Area Collection Manager Salary

(22 salaries)

₹6 L/yr - ₹15.5 L/yr

Cluster Manager Salary

(19 salaries)

₹13 L/yr - ₹24 L/yr

Credit Manager Salary

(15 salaries)

₹4.4 L/yr - ₹8.7 L/yr

Collection Officer Salary

(15 salaries)

₹1.45 L/yr - ₹5.1 L/yr

Senior Unit Manager Salary

(13 salaries)

₹11 L/yr - ₹22 L/yr

Credit Sales Manager Salary

(11 salaries)

₹2.75 L/yr - ₹7 L/yr

Senior Cluster Manager Salary

(10 salaries)

₹16 L/yr - ₹27 L/yr

Top skills at Bajaj Finance for Assistant Manager Collections

Collections Recovery Relationship Management CRM SMS Billing Debt Management Recruitment NBFC Commercial Vehicle Financial Services FMCG Customer Service agency Agency Management

Salary related reviews for Bajaj Finance

Assistant Manager Collections in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Aug 2023

1.0

for Salary and Benefits

Likes

... his emi employee saving and achive to company week target mean dead funding. When salary and incentive is creadit in our account after that in a week my whole incentive and half salary was going to dead fund and normal funding. I am suggest for everyone do not bajaj collection portfolio

Dislikes

😡😡😡👎👎🖕overall bad experience of my carrier

Salary - Bad

+5 more

Area Collection Manager in Chandigarh

Full Time

Finance & Accounting Department

1.0

• posted on 29 Mar 2025

3.0

for Salary and Benefits

Likes

... bosses. They only use abusive language. Forcefully ask your junior for funding. 70% salary goes in funding.

Job security - Good

Dislikes

Work culture pathetic. No personal life. Uneducated people Work there. Maximum regional manager level employee have fake degree. No Sunday

Skill development - Bad

+4 more

Collection Officer in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

2.0

• posted on 15 Jan 2025

3.0

for Salary and Benefits

Likes

Work culture is good, salary on time

Company culture - Excellent

Dislikes

Previously Bajaj Auto finance Ltd was good after merging in to finserv it got hectic, bosses are always after you, no rest on week days after merging new managers are toxic

Skill development - Bad

+3 more

Credit Sales Manager in Bareilly

Full Time

Finance & Accounting Department

1.0

• posted on 05 Jan 2025

3.0

for Salary and Benefits

Likes

The company culture is good and you get to learn something new and new technology

Skill development - Excellent

+1 more

Dislikes

I have no problem working in Bajaj Auto Finance but the only thing that has messed up is the salary structure. My post is that of a credit sales manager but my profile says sales officer And now the profile of the new hiring is Assistant Manager

Job security - Bad

+3 more

Area Collection Manager in Navi Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 20 Dec 2024

2.0

for Salary and Benefits

Likes

They hire fresher but that too because experienced don't want to work there

Dislikes

Lot of things, from work culture to gundagiri of seniors. They ask to seat in the office without reason and forced to pay by employees pocket for target achievement

Salary - Poor

+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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Bajaj Finance Assistant Manager Collections Salary FAQs

What is the salary of Assistant Manager Collections at Bajaj Finance in Mumbai?

The average salary of a Assistant Manager Collections at Bajaj Finance in Mumbai typically ranges from ₹2.8 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Assistant Manager Collections in Mumbai at Bajaj Finance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Assistant Manager Collections Salaries at Bajaj 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 20+ Bajaj Finance employees in India.

What is the estimated take home salary of a Assistant Manager Collections at Bajaj Finance in Mumbai?

The estimated take-home salary of a Assistant Manager Collections at Bajaj Finance in Mumbai typically ranges from ₹30,209 to ₹31,520 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 2 years to 9 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 20+ salaries received from various employees of Bajaj Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager Collections at Bajaj Finance in Mumbai?

To be a Assistant Manager Collections at Bajaj Finance in Mumbai, the key skills required include:

- Collections
- Recovery
- Relationship Management
- CRM
- SMS

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

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

SMFG India Credit	₹5.5 Lakhs to ₹6.2 Lakhs per year
GrayQuest	₹5.0 Lakhs to ₹7.0 Lakhs per year
Bell Finvest	₹4.0 Lakhs to ₹5.1 Lakhs per year
Bajaj Finserv	₹3.5 Lakhs to ₹5.0 Lakhs per year

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

What is the salary of a Assistant Manager Collections in companies similar to Bajaj Finance in Mumbai?

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

Jana Small Finance Bank

₹2.9 Lakhs to ₹4.5 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 Assistant Manager Collections at Bajaj Finance in Mumbai?

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

Experience	Average Salary Range
2 years	₹3.0 Lakhs to ₹4.4 Lakhs per year
3 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
4 years	₹2.8 Lakhs to ₹4.4 Lakhs per year
5 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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Bajaj Finance Assistant Manager Collections Salaries in Mumbai

Bajaj Finance Assistant Manager Collections salary in Mumbai ranges between ₹2.8 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 26 Bajaj Finance latest salaries received from various employees of Bajaj Finance.