Bajaj Finserv Mumbai Collections Manager Salaries by 30+ Employees (Updated 2025)

0 - 9 years exp.

₹2.4 Lakhs - ₹8.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

11% less than the average Collections Manager Salary in Financial Services Companies for 0 - 9 years of experience

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Salaries in different departments

Finance & Accounting Collections Manager Salary 0 - 9 years exp. (11 salaries)	₹3 L/yr - ₹7 L/yr
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BFSI, Investments & Trading Collections Manager Salary 5 - 7 years exp. (3 salaries)	₹5 L/yr - ₹8.5 L/yr

Last Updated: 23 Mar 2025

Companies similar to Bajaj Finserv for Collections Manager in Mumbai

Bajaj Finserv Collections Manager Salary

0 - 9 years exp. (35 salaries)

₹2.4 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Capital Collections Manager Salary 4 - 9 years exp. (7 salaries)	₹3.1 L/yr - ₹8 L/yr 24% more
HDFC Bank Collections Manager Salary 2 - 18 years exp. (83 salaries)	₹2.9 L/yr - ₹10.5 L/yr 39% more	6 job openings
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IDFC FIRST Bank Collections Manager Salary 1 - 11 years exp. (54 salaries)	₹3 L/yr - ₹9 L/yr 18% more
Kotak Mahindra Bank Collections Manager Salary 3 - 14 years exp. (33 salaries)	₹3.1 L/yr - ₹9 L/yr 18% more
HDB Financial Services Collections Manager Salary 2 - 17 years exp. (26 salaries)	₹3.5 L/yr - ₹8 L/yr 27% more	7 job openings

Collections Manager salary at Bajaj Finserv ranges between ₹2.4 Lakhs to ₹8.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 35 latest salaries received from various employees of Bajaj Finserv.

Latest annual salaries shared by Bajaj Finserv Collections Manager in Mumbai

1w ago

₹4 Lakhs

7 years exp.

3w ago

₹8.5 Lakhs

5 years exp.

1mo ago

₹7.6 Lakhs

5 years exp.

1mo ago

₹5.5 Lakhs

8 years exp.

2mo ago

₹4.2 Lakhs

5 years exp.

3mo ago

4 years exp.

3mo ago

6 years exp.

8mo ago

9 years exp.

8mo ago

4 years exp.

1y ago

1 year exp.

Experience wise Bajaj Finserv Collections Manager salaries in Mumbai

Last Updated: 23 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
1 year (3 salaries)	₹2.4 L/yr - ₹5 L/yr
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2 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
3 years (6 salaries)	₹2.4 L/yr - ₹8.5 L/yr
4 years (8 salaries)	₹4.2 L/yr - ₹7.6 L/yr
5 years (6 salaries)	₹4 L/yr - ₹8.5 L/yr
6 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
7 years (4 salaries)	₹4 L/yr - ₹10.1 L/yr
8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr

View all

From

Collections Manager

₹

Lakhs/yr

0 - 10 years exp.

Senior Regional Sales Manager

₹

Lakhs/yr

9 - 20 years exp.

Collections Manager

0 - 10 years exp.

Area Collection Manager

5 - 14 years exp.

90% hike

Cluster Manager

5 - 14 years exp.

103% hike

From

View 3 more levels

Collections Manager

0 - 10 years exp.

Zonal Sales Manager

10 - 20 years exp.

From

View 2 more levels

Collections Manager

0 - 10 years exp.

Senior Cluster Manager

6 - 18 years exp.

From

View 1 more level

Collections Manager

0 - 10 years exp.

Senior Area Collection Manager

5 - 17 years exp.

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 Finserv

Area Collection Manager Salary

(12 salaries)

₹7 L/yr - ₹10.5 L/yr

Collection Officer Salary

(6 salaries)

₹1.85 L/yr - ₹3.75 L/yr

Relationship Manager Salary

(5 salaries)

₹1.8 L/yr - ₹3.45 L/yr

Cluster Manager Salary

(3 salaries)

₹10.05 L/yr - ₹18.83 L/yr

Top skills at Bajaj Finserv for Collections Manager

Monitoring Relationship People Management Skills Legal Cost Management Auditing Training Recruitment Matrix MIS SOA Monitoring Relationship Retail

Salary related reviews for Bajaj Finserv

4.5

Rated by 4 employees for salary & benefits

Collections Manager in Kozhikode

Full Time

Finance & Accounting Department

1.0

• posted on 28 Nov 2024

1.0

for Salary and Benefits

Likes

No likes

Skill development - Good

+1 more

Dislikes

...ht also concall tourchering. Acms forces to make fund in month end . Full loss. Bajaj lending money to customers without looking repayment capacity, and recruiting Collection RO s and force them to pay customers debts 😃. I only worked 1 year, in Major location . I lost lots of money . Now I resigned , now new pigs are ready for them .there only 1 relaxation no strict office timing , wherever getting tourchering abusive languages from top level management. Bajaj is a good company ,I think the middle level managers creating such waste things .that will spoil most of them carrier journey.i am also a member.

Salary - Bad

+4 more

Collections Manager in Jagatsinghapur

Full Time

Finance & Accounting Department

5.0

• posted on 19 Jun 2024

5.0

for Salary and Benefits

Likes

...ile they are very flexible, they demand output and even reward you for the same. The bonus and incentive structure are very attractive and the growth opportunities presented here are almost twice compared to any other place. Open culture, very start-up-like, wear what you want, feel comfortable and stay driven at all times.

Salary - Excellent

+6 more

Dislikes

No dislike....🥰

Collections Manager in Phalodi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Jan 2023

1.0

for Salary and Benefits

Likes

This organigation culture was not good.All the salary and incentive emp earn was gone in funding to full fill company target. there is no sunday and festival holiday. Fully pressure given my senior RCM & ZCM. Personal life was spoil. The last thing i want to say about this company they dont find employe for work. They only search (BONDED LABOR)😡😡Ye log kuch bhi kr skte inke target karne ke liye kitne employe s ne loan le liye .log karj maine dob gye .mere khudka 2 month ka incentive khaa gye .or dusre emp ka naam daal diya usme.or paise inhone seniors ne funding maine kaam maine le liye. COMPANY KE MD tak isme shamil hai 1 saal maine kitne emp inko shikayat ki itni badi badi maile dalte hai inka aage ss koi response nhi ata.mujhe pata hai mere likhne se kuch nhi hoga par fir bhi mujhe umeed hai kabhi to koi inko Akal tikhane lagaye ga... #bycot Bajaj finserv BYCOT BAJAJ FINSERV

Skill development - Excellent

Dislikes

#BYCOT BAJAJ FINSERV. INDIA'S MOST FRAUD COMPANY I HAVE EVER SEEN BYCOT BYCOT BYCOT BAJAJ FINSERV

Salary - Bad

+5 more

Collections Manager in Hosur

Collection Department

3.0

• posted on 29 May 2022

3.0

for Salary and Benefits

Likes

There nothing to say except salary

Promotions - Good

Dislikes

Company pays good salary, reporting manager (some ask directly & indirectly) to invest our salary to achieve more than company target, their reporting manager also knew about this and which is against company policy eg: company target 98% but they ask to do 99% won't accept even if the customer is not in address/untraceable/unable to reach , to get good name with their reporting manager, show-off they are the best. This is applicable in all collection departments

Skill development - Poor

+2 more

Collections Manager in Alwar

BFSI, Investments & Trading Department

4.0

• posted on 18 Dec 2021

5.0

for Salary and Benefits

Likes

Good compensation and benefits. You will get handsome amount of good opportunities and there is a lot scope for fast growth in short amount of time.

Salary - Excellent

+3 more

Dislikes

Work and life balance is very poor. Also there is no professionalism in company culture.

Company culture - Bad

+1 more

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 Finserv Collections Manager Salary FAQs

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

The average salary of a Collections Manager at Bajaj Finserv in Mumbai typically ranges from ₹2.4 Lakhs to ₹8.5 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Collections Manager in Mumbai at Bajaj Finserv earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Collections Manager Salaries at Bajaj Finserv 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 Finserv employees in India.

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

The estimated take-home salary of a Collections Manager at Bajaj Finserv in Mumbai typically ranges from ₹39,026 to ₹40,206 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from Fresher 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 30+ salaries received from various employees of Bajaj Finserv. 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 Finserv in Mumbai?

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

- Monitoring
- Relationship
- People Management Skills
- Legal
- Cost

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

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

HDFC Bank	₹2.9 Lakhs to ₹10.5 Lakhs per year
HDB Financial Services	₹3.5 Lakhs to ₹8.0 Lakhs per year
Aditya Birla Capital	₹3.1 Lakhs to ₹8.0 Lakhs per year
IDFC FIRST Bank	₹3.0 Lakhs to ₹9.0 Lakhs per year
Kotak Mahindra Bank	₹3.1 Lakhs to ₹9.0 Lakhs per year

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

How the salary growth look like for a Collections Manager at Bajaj Finserv in Mumbai?

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

Experience	Average Salary Range
Fresher	₹3.7 Lakhs to ₹4.7 Lakhs per year
1 year	₹2.4 Lakhs to ₹5.0 Lakhs per year
2 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
3 years	₹2.4 Lakhs to ₹8.5 Lakhs per year

and so on.

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Bajaj Finserv Collections Manager Salaries in Mumbai

Bajaj Finserv Collections Manager salary in Mumbai ranges between ₹2.4 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 35 Bajaj Finserv latest salaries received from various employees of Bajaj Finserv.