Bajaj Finance Collections Manager Salaries by 300+ Employees (Updated 2025)

0 - 11 years exp.

₹1.2 Lakh - ₹7.8 Lakhs

Salary of majority employees

Fixed (100%)

₹4.8 Lakhs

Variable (0%)

₹0.0

14% less than the average Collections Manager Salary in NBFC Companies for 0 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 0 - 11 years exp. (87 salaries)	₹2 L/yr - ₹7.3 L/yr
Finance & Accounting Collections Manager Salary 0 - 10 years exp. (85 salaries)	₹1.7 L/yr - ₹7.5 L/yr
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Sales & Business Development Collections Manager Salary 1 - 10 years exp. (18 salaries)	₹1.3 L/yr - ₹7 L/yr
Customer Success, Service & Operations Collections Manager Salary 0 - 9 years exp. (13 salaries)	₹2 L/yr - ₹6.5 L/yr
Risk Management & Compliance Collections Manager Salary 3 - 9 years exp. (7 salaries)	₹2.1 L/yr - ₹7 L/yr

View all

Last Updated: 8 Mar 2025

Companies similar to Bajaj Finance for Collections Manager

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Collections Manager Salary 2 - 17 years exp. (358 salaries)	₹2.8 L/yr - ₹9 L/yr 30% more	8 job openings
SMFG India Credit Collections Manager Salary 4 - 10 years exp. (189 salaries)	₹2 L/yr - ₹7.7 L/yr 1% less
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Shriram Finance Collections Manager Salary 2 - 10 years exp. (184 salaries)	₹1.9 L/yr - ₹6 L/yr 21% less
L&T Finance Collections Manager Salary 4 - 12 years exp. (181 salaries)	₹2.4 L/yr - ₹9.8 L/yr 26% more
Mahindra Rural Housing Finance Collections Manager Salary 1 - 10 years exp. (140 salaries)	₹1.2 L/yr - ₹5.5 L/yr 39% less	1 job opening
Kotak Mahindra Prime Collections Manager Salary 3 - 10 years exp. (134 salaries)	₹2.3 L/yr - ₹8.3 L/yr 1% less
TVS Credit Collections Manager Salary 3 - 15 years exp. (76 salaries)	₹3.2 L/yr - ₹6.5 L/yr 7% more
Mahindra Finance Collections Manager Salary 2 - 10 years exp. (73 salaries)	₹1.5 L/yr - ₹5.5 L/yr 23% less
IIFL Finance Collections Manager Salary 3 - 10 years exp. (54 salaries)	₹2.8 L/yr - ₹7 L/yr 6% more
Home Credit Finance Collections Manager Salary 3 - 13 years exp. (32 salaries)	₹2.5 L/yr - ₹6.2 L/yr 17% less	1 job opening

View all

Collections Manager salary at Bajaj Finance ranges between ₹1.2 Lakh to ₹7.8 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 340 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Collections Manager salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
Fresher (14 salaries)	₹2 L/yr - ₹4.5 L/yr
1 year (16 salaries)	₹1.3 L/yr - ₹4.8 L/yr
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2 years (52 salaries)	₹1.2 L/yr - ₹6.5 L/yr
3 years (49 salaries)	₹1.7 L/yr - ₹7 L/yr
4 years (49 salaries)	₹2.4 L/yr - ₹7 L/yr
5 years (43 salaries)	₹2 L/yr - ₹7.5 L/yr
6 years (33 salaries)	₹2.2 L/yr - ₹7.3 L/yr
7 years (27 salaries)	₹2.5 L/yr - ₹7 L/yr
8 years (29 salaries)	₹2.9 L/yr - ₹7.5 L/yr
9 years (13 salaries)	₹3 L/yr - ₹7.8 L/yr
10 years (12 salaries)	₹4.1 L/yr - ₹6.6 L/yr
11 years (3 salaries)	₹5.5 L/yr - ₹7.8 L/yr

View all

From

Collections Manager

₹

Lakhs/yr

0 - 11 years exp.

Senior Area Collection Manager

₹

Lakhs/yr

6 - 14 years exp.

Collections Manager 0 - 11 years exp.

Area Collection Manager 5 - 15 years exp.

112% hike

Senior Area Collection Manager 6 - 14 years exp.

26% 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

Collection Officer Salary

(166 salaries)

₹1.1 L/yr - ₹5.6 L/yr

Area Collection Manager Salary

(226 salaries)

₹5.11 L/yr - ₹18 L/yr

Zonal Collection Manager Salary

(5 salaries)

₹32 L/yr - ₹51.21 L/yr

Collection Associate Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Branch Collection Manager Salary

(6 salaries)

₹3.5 L/yr - ₹5.85 L/yr

Cluster Manager Salary

(312 salaries)

₹8.84 L/yr - ₹29.5 L/yr

Relationship Manager Salary

(97 salaries)

₹1.8 L/yr - ₹6.26 L/yr

Recovery Manager Salary

(7 salaries)

₹3.5 L/yr - ₹6.15 L/yr

Debt Manager Salary

(16 salaries)

₹2.75 L/yr - ₹7.5 L/yr

Branch Manager Salary

(99 salaries)

₹2.85 L/yr - ₹8.85 L/yr

Top skills at Bajaj Finance for Collections Manager

Recovery Operations Collections Agency Management Debt Management Collection Management Recovery Bucket Elevators

Salary related reviews for Bajaj Finance

4.3

Rated by 275 employees for salary & benefits

Collections Manager in Kochi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 18 Sep 2022

5.0

for Salary and Benefits

Likes

Bajaj finance is a family for me , colleagues are really helpful, workstation ambiance is really wonderful , salary hikes and incentives are really good here , every year we got promotion to higher grade,and major fact about being a Bajaj finance employee is job security, if we work honest our career growth will unpredictable,

Salary - Excellent

+6 more

Dislikes

Work pressure is really huge because we are number one in finance sector in India, holidays are joke here , please don't come to work here if you are love to celebrate holidays with your family or friends! Target's are rocket here ! So you need to achieve it whatever happens 😁

Collections Manager in Aurangabad

BFSI, Investments & Trading Department

5.0

• posted on 02 Sep 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

No their is no dislike about the Bajaj finance from my side

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

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

Area Collection Manager in Raipur

Full Time

Finance & Accounting Department

1.0

• posted on 13 Oct 2023

3.0

for Salary and Benefits

Likes

Only salary and expenses if you join as a manager

Dislikes

All are very bad, management team is abusing to all employees, his HR not listening any thing about the management..... i think if you want to suside then join the company No work time your job start in 6am I don't know where is ending

Skill development - Bad

+5 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Bajaj Finance Collections Manager Salary FAQs

What is the salary of Collections Manager at Bajaj Finance ?

The average salary of a Collections Manager at Bajaj Finance in India typically ranges from ₹1.2 Lakhs to ₹7.8 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Collections Manager at Bajaj Finance earn more than ₹6.3 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Collections Manager 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 300+ Bajaj Finance employees in India.

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

The estimated take-home salary of a Collections Manager at Bajaj Finance in India typically ranges from ₹36,054 to ₹37,278 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹7.8 Lakhs per year for employees with experience ranging from Fresher to 11 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 300+ 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 Manager at Bajaj Finance ?

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

- Recovery Operations
- Collections
- Agency Management
- Debt Management
- Collection Management

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 Manager in India?

Axis Finance	₹6.2 Lakhs to ₹8.9 Lakhs per year
SK Finance Limited	₹2.9 Lakhs to ₹10.0 Lakhs per year
Bharat Financial Inclusion	₹6.1 Lakhs to ₹8.0 Lakhs per year
HDB Financial Services	₹2.8 Lakhs to ₹9.0 Lakhs per year
L&T Finance	₹2.4 Lakhs to ₹9.8 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 Manager in companies similar to Bajaj Finance in India?

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

Muthoot Microfin	₹4.8 Lakhs to ₹6.2 Lakhs per year
Annapurna Finance	₹4.2 Lakhs to ₹5.4 Lakhs per year
TVS Credit	₹3.2 Lakhs to ₹6.5 Lakhs per year
Satin Creditcare Network	₹3.8 Lakhs to ₹8.6 Lakhs per year
IIFL Finance	₹2.8 Lakhs to ₹7.0 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 Manager at Bajaj Finance in India?

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹4.5 Lakhs per year
1 year	₹1.3 Lakhs to ₹4.8 Lakhs per year
2 years	₹1.2 Lakhs to ₹6.5 Lakhs per year
3 years	₹1.7 Lakhs to ₹7.0 Lakhs per year

and so on.

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Bajaj Finance Collections Manager Salaries

Bajaj Finance Collections Manager salary in India ranges between ₹1.2 Lakh to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 340 Bajaj Finance latest salaries received from various employees of Bajaj Finance.

Bajaj Finance Collections Manager salaries in India (Updated 2025)

Companies similar to Bajaj Finance for Collections Manager

Latest annual salaries shared by Bajaj Finance Collections Manager

Experience wise Bajaj Finance Collections Manager salaries

Similar Designation salaries in Bajaj Finance

Top skills at Bajaj Finance for Collections Manager

Salary related reviews for Bajaj Finance

Collections Manager in Kochi

Collections Manager in Aurangabad

Collection Officer in Hyderabad / Secunderabad

Area Collection Manager in Navi Mumbai

Area Collection Manager in Raipur

Bajaj Finance Collections Manager Salary FAQs

Tell us how to improve this page.

Bajaj Finance Collections Manager Salaries by Location