Bajaj Finance Mumbai Collections Executive Salaries by 30+ Employees

0 - 6 years exp.

₹1 Lakh - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Collections Executive Salary in NBFC Companies for 0 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Collections Executive Salary 0 - 6 years exp. (10 salaries)	₹1.9 L/yr - ₹3 L/yr
BFSI, Investments & Trading Collections Executive Salary 1 - 6 years exp. (7 salaries)	₹2.4 L/yr - ₹3.5 L/yr
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Customer Success, Service & Operations Collections Executive Salary Fresher (AmbitionBox Estimate)	₹1 L/yr - ₹2.9 L/yr
Sales & Business Development Collections Executive Salary Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹2.8 L/yr

Last Updated: 4 Oct 2024

Companies similar to Bajaj Finance for Collections Executive in Mumbai

Bajaj Finance Collections Executive Salary

0 - 6 years exp. (30 salaries)

₹1 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Collections Executive Salary 0 - 7 years exp. (49 salaries)	₹1.2 L/yr - ₹3.2 L/yr 13% less	2 job openings
Home Credit Finance Collections Executive Salary 2 - 8 years exp. (20 salaries)	₹1.2 L/yr - ₹3 L/yr 6% more
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Shriram Finance Collections Executive Salary 1 - 8 years exp. (4 salaries)	₹2 L/yr - ₹3.5 L/yr 2% more
Satin Creditcare Network Collections Executive Salary 3 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹3 L/yr 4% less
SMFG India Credit Collections Executive Salary 3 - 7 years exp. (3 salaries)	₹1.6 L/yr - ₹4.5 L/yr 28% more

Collections Executive salary at Bajaj Finance ranges between ₹1 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 30 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Collections Executive salaries in Mumbai

Last Updated: 4 Oct 2024

Experience	Avg Annual Salary
Fresher (8 salaries)	₹1 L/yr - ₹3 L/yr
1 year (5 salaries)	₹1.2 L/yr - ₹2.7 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (8 salaries)	₹1.8 L/yr - ₹3 L/yr
5 years (5 salaries)	₹2.4 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr

View all

Top skills at Bajaj Finance for Collections Executive

Collections Cash Collection Collections SME Finance Loan Recovery Personal Loans Payment Collection Payment Collection Field Collections Debt Recovery Business Loan Debtors Collection Management Recovery Debt Recovery

Salary related reviews for Bajaj Finance

2.6

Rated by 3 employees for salary & benefits

Collections Executive in Thitutani

Customer Success, Service & Operations Department

5.0

• posted on 20 Apr 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management 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 a lot of politics and the management doesn't address pur issues .salary is decent but career growth is slow .there is it 1 years before which you cannot resign. On the job training is not given to new joinees.

Collections Executive in Bhadrachalam

Bhadrachalam Department

4.0

• posted on 09 Jan 2019

3.0

for Salary and Benefits

Likes

...a great experience to me.. Associated with bajaj family was a pleasure to me.... I received monthly salary by time to time and all my colleagues helped and co-operated to me. They gave me monthly targerts and I almost succeed in all those and sometimes I failed but all my superiors encouraged me...... It was an honor to work with bajaj family..... Missing those beautiful days

Skill development - Excellent

+5 more

Dislikes

There is no dislikes to me about bajaj finanace and I thoroughly enjoyed my job

Senior Software Engineer in Pune

Full Time

Engineering - Software & QA Department

2.0

• posted on 21 Feb 2025

3.0

for Salary and Benefits

Likes

Job security is good so you won’t face any issues with job. Salary and other reimbursements are credited on time.

Job security - Good

Dislikes

Culture and leadership is shit. Development and learning is stagnant. Policies are bogus, they get changed any time.

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

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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 Collections Executive Salary FAQs

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

The average salary of a Collections Executive at Bajaj Finance in Mumbai typically ranges from ₹1.0 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Collections Executive in Mumbai at Bajaj Finance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Collections Executive 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 30+ Bajaj Finance employees in India.

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

The estimated take-home salary of a Collections Executive at Bajaj Finance in Mumbai typically ranges from ₹18,303 to ₹19,991 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 6 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 30+ 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 Collections Executive at Bajaj Finance in Mumbai?

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

- Collections
- Cash Collection
- Collections
- SME Finance
- Loan Recovery

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 Collections Executive in India?

SMFG India Credit	₹1.6 Lakhs to ₹4.5 Lakhs per year
Home Credit Finance	₹1.2 Lakhs to ₹3.0 Lakhs per year
Shriram Finance	₹2.0 Lakhs to ₹3.5 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 Collections Executive in companies similar to Bajaj Finance in Mumbai?

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

Satin Creditcare Network	₹1.8 Lakhs to ₹3.0 Lakhs per year
HDB Financial Services	₹1.2 Lakhs to ₹3.2 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 Executive at Bajaj Finance in Mumbai?

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

Experience	Average Salary Range
Fresher	₹1.0 Lakhs to ₹3.0 Lakhs per year
1 year	₹1.2 Lakhs to ₹2.7 Lakhs per year
2 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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Bajaj Finance Collections Executive Salaries in Mumbai

Bajaj Finance Collections Executive salary in Mumbai ranges between ₹1 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 Bajaj Finance latest salaries received from various employees of Bajaj Finance.