Bajaj Finance Mumbai Collection Officer Salaries by 10+ Employees

0 - 8 years exp.

₹1.5 Lakh - ₹5.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

38% more than the average Collection Officer Salary in NBFC Companies for 0 - 8 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Collection Officer Salary 1 - 3 years exp. (4 salaries)	₹2 L/yr - ₹5 L/yr
Finance & Accounting Collection Officer Salary 1 - 8 years exp. (4 salaries)	₹2.4 L/yr - ₹5.1 L/yr
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Customer Success, Service & Operations Collection Officer Salary 3 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹4.3 L/yr
Sales & Business Development Collection Officer Salary Fresher (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.3 L/yr

Last Updated: 23 Nov 2024

Companies similar to Bajaj Finance for Collection Officer in Mumbai

Bajaj Finance Collection Officer Salary

0 - 8 years exp. (15 salaries)

₹1.5 L/yr - ₹5.1 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Collection Officer Salary 0 - 7 years exp. (115 salaries)	₹1 L/yr - ₹4.5 L/yr 36% less	2 job openings
SMFG India Credit Collection Officer Salary 3 - 8 years exp. (16 salaries)	₹2 L/yr - ₹6.2 L/yr 10% less
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L&T Finance Collection Officer Salary 1 - 6 years exp. (14 salaries)	₹1.5 L/yr - ₹3.8 L/yr 30% less
IIFL Finance Collection Officer Salary 1 - 10 years exp. (7 salaries)	₹2.2 L/yr - ₹4 L/yr 12% less
Shriram Finance Collection Officer Salary 3 - 8 years exp. (5 salaries)	₹2.2 L/yr - ₹3.5 L/yr 15% less
Satin Creditcare Network Collection Officer Salary 2 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 25% less
Mahindra Finance Collection Officer Salary 1 - 6 years exp. (3 salaries)	₹2.3 L/yr - ₹3.5 L/yr 23% less
Axis Finance Collection Officer Salary 3 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹2.8 L/yr 30% less

Collection Officer salary at Bajaj Finance ranges between ₹1.5 Lakh to ₹5.1 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 15 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Collection Officer salaries in Mumbai

Last Updated: 23 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
1 year (3 salaries)	₹1.5 L/yr - ₹5.7 L/yr
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2 years (4 salaries)	₹2 L/yr - ₹5 L/yr
3 years (3 salaries)	₹3 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr

View all

From

Collection Officer

₹

Lakhs/yr

0 - 8 years exp.

Senior Area Collection Manager

₹

Lakhs/yr

7 - 19 years exp.

Collection Officer

0 - 8 years exp.

Collections Manager

0 - 11 years exp.

30% hike

Area Collection Manager

5 - 15 years exp.

113% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Bajaj Finance

Sales Officer Salary

(102 salaries)

₹1.2 L/yr - ₹5 L/yr

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

Relationship Officer Salary

(3 salaries)

₹2 L/yr - ₹2.43 L/yr

Senior Collection Officer Salary

(3 salaries)

₹2.8 L/yr - ₹3.29 L/yr

Top skills at Bajaj Finance for Collection Officer

Collections Recovery Auto Loans Commercial Vehicle Loans Tractor Loan hcv Communication Skills Credit Collection Bucket Elevators Relationship Management Commercial Vehicle Customer Service Debt Recovery auto CRM

Salary related reviews for Bajaj Finance

5.0

Rated by 1 employees for salary & benefits

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

Collection Officer in Kolkata

Full Time

Other Department

1.0

• posted on 22 Sep 2023

1.0

for Salary and Benefits

Likes

Worst company if you give customer emi from your salary ur good collection officer if you can't do that ur job is not done complet in Baja finance bucket x

Dislikes

If you pay customer emi from your salary and you want some person use abuse language about ur family and if you tolerate thise you can join thise company

Salary - Bad

+6 more

Collection Officer in Jhalda

Full Time

Other Department

5.0

• posted on 26 May 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike every year.

Salary - Excellent

+6 more

Collection Officer in Chennai

BFSI, Investments & Trading Department

3.0

• posted on 12 Jun 2021

2.0

for Salary and Benefits

Likes

...s game 🎯 3.there is having lot of incentive structure , but simply No use 4. U can receive only salary , accordingly plan what u want here

Dislikes

1.simply telling about the company they are looters 2.they are utilise your energy your dream hardworking abilities everything , if your asking salary hike They have another plan for that 3.after my resignation my boss told me we are missing our performer ( I think that I am not a performer your the drama performer )

Salary - Poor

+2 more

Collection Officer in Calicut

BFSI, Investments & Trading Department

5.0

• posted on 04 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is no dislike about working at bajaj

see more salary related reviews

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Top trending discussions

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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 Collection Officer Salary FAQs

What is the salary of Collection Officer at Bajaj Finance in Mumbai?

The average salary of a Collection Officer at Bajaj Finance in Mumbai typically ranges from ₹1.5 Lakhs to ₹5.1 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Collection Officer in Mumbai at Bajaj Finance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.1 Lakhs per year. Collection Officer 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 10+ Bajaj Finance employees in India.

What is the estimated take home salary of a Collection Officer at Bajaj Finance in Mumbai?

The estimated take-home salary of a Collection Officer at Bajaj Finance in Mumbai typically ranges from ₹26,988 to ₹28,397 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from Fresher 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 10+ 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 Collection Officer at Bajaj Finance in Mumbai?

To be a Collection Officer at Bajaj Finance in Mumbai, the key skills required include:

- Collections
- Recovery
- Auto Loans
- Commercial Vehicle Loans
- Tractor Loan

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

What is the salary of a Collection Officer in companies similar to Bajaj Finance in Mumbai?

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

SMFG India Credit	₹2.0 Lakhs to ₹6.2 Lakhs per year
IIFL Finance	₹2.2 Lakhs to ₹4.0 Lakhs per year
Shriram Finance	₹2.2 Lakhs to ₹3.5 Lakhs per year
Mahindra Finance	₹2.3 Lakhs to ₹3.5 Lakhs per year
Satin Creditcare Network	₹2.5 Lakhs to ₹3.5 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 Collection Officer at Bajaj Finance in Mumbai?

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

Experience	Average Salary Range
Fresher	₹2.7 Lakhs to ₹3.5 Lakhs per year
1 year	₹1.5 Lakhs to ₹5.7 Lakhs per year
2 years	₹2.0 Lakhs to ₹5.0 Lakhs per year
3 years	₹3.0 Lakhs to ₹5.0 Lakhs per year

and so on.

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Bajaj Finance Collection Officer Salaries in Mumbai

Bajaj Finance Collection Officer salary in Mumbai ranges between ₹1.5 Lakh to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Bajaj Finance latest salaries received from various employees of Bajaj Finance.