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Bajaj Finance

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Bajaj Finance Collection Officer salaries in Mumbai

Annual salary range
0 - 8 years exp.
₹1.5 Lakh - ₹5.1 Lakhs
Salary of majority employees
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38% more than the average Collection Officer Salary in NBFC Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Collection Officer Salary
1 - 3 years exp. (4 salaries)
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₹2 L/yr - ₹5 L/yr

Finance & Accounting
Collection Officer Salary
1 - 8 years exp. (4 salaries)
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₹2.4 L/yr - ₹5.1 L/yr

Customer Success, Service & Operations
Collection Officer Salary
3 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹4.5 L/yr

Sales & Business Development
Collection Officer Salary
Fresher (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.4 L/yr

Last Updated: 23 Nov 2024

Companies similar to Bajaj Finance for Collection Officer in Mumbai

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Bajaj Finance Collection Officer Salary

0 - 8 years exp. (15 salaries)

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₹1.5 L/yr - ₹5.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1 L/yr - ₹4.5 L/yr

arrow icon 34% less
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L&T Finance Collection Officer Salary

1 - 6 years exp. (13 salaries)

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₹1.5 L/yr - ₹3.8 L/yr

arrow icon 33% less
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SMFG India Credit Collection Officer Salary

3 - 6 years exp. (12 salaries)

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₹2 L/yr - ₹4 L/yr

arrow icon 18% less
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IIFL Finance Collection Officer Salary

1 - 10 years exp. (7 salaries)

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₹2.2 L/yr - ₹4 L/yr

arrow icon 12% less
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Shriram Finance Collection Officer Salary

3 - 8 years exp. (5 salaries)

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₹2.2 L/yr - ₹3.5 L/yr

arrow icon 15% less
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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 25% less
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Mahindra Finance Collection Officer Salary

1 - 6 years exp. (3 salaries)

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₹2.4 L/yr - ₹3.5 L/yr

arrow icon 23% less
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Axis Finance Collection Officer Salary

3 - 6 years exp. (3 salaries)

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₹1.8 L/yr - ₹2.8 L/yr

arrow icon 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.

Latest annual salaries shared by Bajaj Finance Collection Officer in Mumbai

4mo ago
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2 years exp.
8mo ago
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1 year exp.
8mo ago
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3 years exp.
9mo ago
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8 years exp.
10mo ago
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8 months exp.
10mo ago
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8 years exp.
11mo ago
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2 years exp.

Experience wise Bajaj Finance Collection Officer salaries in Mumbai

Last Updated: 23 Nov 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.4 L/yr
1 year  (3 salaries)

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₹1.5 L/yr - ₹5.7 L/yr
2 years  (4 salaries)

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₹2 L/yr - ₹5 L/yr
3 years  (3 salaries)

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₹3 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
View all
Bajaj Finance Collection Officer Salary and Career Growth

From

To

Collection Officer

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0 - 8 years exp.

Senior Area Collection Manager

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7 - 19 years exp.

Collection Officer

0 - 8 years exp.
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Collections Manager

0 - 11 years exp.
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arrow icon 30% hike

Area Collection Manager

5 - 15 years exp.
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arrow icon 112% 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
(101 salaries)
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₹1.2 L/yr - ₹5 L/yr
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₹1.2 L/yr - ₹7.8 L/yr
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₹6 L/yr - ₹15.5 L/yr
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₹2 L/yr - ₹2.2 L/yr
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₹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

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

read more
  • Skill development - Bad
  • +3 more

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

read more

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

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Excellent
  • +6 more

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

read more

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 )

read more
  • Salary - Poor
  • +2 more

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is no dislike about working at bajaj

see more salary related reviews

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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 ₹27,022 to ₹28,431 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:

IIFL Finance ₹2.2 Lakhs to ₹4.0 Lakhs per year
Shriram Finance ₹2.2 Lakhs to ₹3.5 Lakhs per year
SMFG India Credit ₹2.0 Lakhs to ₹4.0 Lakhs per year
Mahindra Finance ₹2.4 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 ₹3.4 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.

Tell us how to improve this page.

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