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4.0

based on 8.6k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Bajaj Finserv Collections Manager salaries in Mumbai

Annual salary range
0 - 9 years exp.
₹2.4 Lakhs - ₹7.8 Lakhs
Salary of majority employees
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18% less than the average Collections Manager Salary in Financial Services Companies for 0 - 9 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Collections Manager Salary
0 - 9 years exp. (8 salaries)
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₹3 L/yr - ₹7 L/yr

BFSI, Investments & Trading
Collections Manager Salary
5 - 7 years exp. (3 salaries)
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₹5 L/yr - ₹7.8 L/yr

Last Updated: 13 Dec 2024

Companies similar to Bajaj Finserv for Collections Manager in Mumbai

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Bajaj Finserv Collections Manager Salary

0 - 9 years exp. (31 salaries)

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₹2.4 L/yr - ₹7.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Collections Manager Salary

2 - 18 years exp. (80 salaries)

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₹2.9 L/yr - ₹10.5 L/yr

arrow icon 35% more
2 job openings
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ICICI Bank Collections Manager Salary

3 - 15 years exp. (18 salaries)

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₹4.1 L/yr - ₹11 L/yr

arrow icon 56% more
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Axis Bank Collections Manager Salary

8 - 12 years exp. (5 salaries)

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₹4.4 L/yr - ₹13.8 L/yr

arrow icon 69% more
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Kotak Mahindra Bank Collections Manager Salary

3 - 15 years exp. (33 salaries)

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₹3.1 L/yr - ₹9.2 L/yr

arrow icon 23% more
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Tata Capital Collections Manager Salary

3 - 12 years exp. (17 salaries)

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₹4 L/yr - ₹9 L/yr

arrow icon 32% more
18 job openings
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Mahindra Finance Collections Manager Salary

3 - 9 years exp. (3 salaries)

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₹2.6 L/yr - ₹5.4 L/yr

arrow icon 17% less
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L&T Finance Collections Manager Salary

5 - 13 years exp. (12 salaries)

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₹4.5 L/yr - ₹8.2 L/yr

arrow icon 26% more
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IDFC FIRST Bank Collections Manager Salary

1 - 10 years exp. (59 salaries)

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₹3 L/yr - ₹9 L/yr

arrow icon 30% more
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Yes Bank Collections Manager Salary

4 - 15 years exp. (12 salaries)

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₹4.2 L/yr - ₹10.4 L/yr

arrow icon 68% more
1 job opening
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RBL Bank Collections Manager Salary

6 - 9 years exp. (6 salaries)

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₹2.5 L/yr - ₹8.5 L/yr

arrow icon 19% more
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₹3.1 L/yr - ₹8 L/yr

arrow icon 32% more
Collections Manager salary at Bajaj Finserv ranges between ₹2.4 Lakhs to ₹7.8 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 31 latest salaries received from various employees of Bajaj Finserv.

Latest annual salaries shared by Bajaj Finserv Collections Manager in Mumbai

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Experience wise Bajaj Finserv Collections Manager salaries in Mumbai

Last Updated: 13 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.3 L/yr - ₹6.6 L/yr
1 year  (3 salaries)

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₹2.4 L/yr - ₹5 L/yr
2 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹7.4 L/yr
3 years  (6 salaries)

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₹2.4 L/yr - ₹7.8 L/yr
4 years  (8 salaries)

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₹4.2 L/yr - ₹7.6 L/yr
View all
Bajaj Finserv Collections Manager Salary and Career Growth

From

To

Collections Manager

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0 - 10 years exp.

Zonal Sales Manager

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10 - 19 years exp.

Collections Manager 0 - 10 years exp.
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Area Collection Manager 4 - 14 years exp.
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arrow icon 101% hike
Cluster Manager 5 - 14 years exp.
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arrow icon 90% hike

View more

From

3 more levels

To

Collections Manager

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0 - 10 years exp.

Senior Regional Sales Manager

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9 - 19 years exp.

View 2 more career paths

Similar Designation salaries in Bajaj Finserv

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₹1.85 L/yr - ₹4.3 L/yr
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₹10.05 L/yr - ₹20 L/yr
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₹1.8 L/yr - ₹4.16 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

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 28 Nov 2024

1.0
 for  Salary and Benefits

Likes

No likes

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.

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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.

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Dislikes

No dislike....🥰

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

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Dislikes

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

Collection Department

3.0
  •  posted on 29 May 2022

3.0
 for  Salary and Benefits

Likes

There nothing to say except salary

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

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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.

read more

Dislikes

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

see more salary related reviews

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Bajaj Finserv Collections Manager Salary FAQs

What is the salary of Collections Manager at Bajaj Finserv Mumbai?
Collections Manager salary at Bajaj Finserv in Mumbai ranges between ₹2.4 Lakhs to ₹7.8 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 18% less than the average Collections Manager Salary in India. Salary estimates are based on 31 latest salaries received from various employees of Bajaj Finserv Mumbai.
How does the salary of a Collections Manager at Bajaj Finserv Mumbai compare with the average salary range for this job?
The average salary of a Collections Manager at Bajaj Finserv is 18% less than the average salary of a Collections Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Collections Manager at Bajaj Finserv?
Monitoring, Relationship, People Management Skills, Legal and Cost are some of the popular skills required to work as a Collections Manager at Bajaj Finserv Mumbai.
Which similar companies are paying more than Bajaj Finserv to a Collections Manager in Mumbai?
  • Axis Bank Collections Manager Salary - ₹4.4 Lakhs to ₹13.8 Lakhs per year
  • Yes Bank Collections Manager Salary - ₹4.2 Lakhs to ₹10.4 Lakhs per year
  • ICICI Bank Collections Manager Salary - ₹4.1 Lakhs to ₹11.0 Lakhs per year
  • HDFC Bank Collections Manager Salary - ₹2.9 Lakhs to ₹10.5 Lakhs per year
  • Tata Capital Collections Manager Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year
What is the salary of a Collections Manager in companies similar to Bajaj Finserv in Mumbai?
  • Aditya Birla Capital Collections Manager Salary - ₹3.1 Lakhs to ₹8.0 Lakhs per year
  • IDFC FIRST Bank Collections Manager Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
  • L&T Finance Collections Manager Salary - ₹4.5 Lakhs to ₹8.2 Lakhs per year
  • Kotak Mahindra Bank Collections Manager Salary - ₹3.1 Lakhs to ₹9.2 Lakhs per year
  • RBL Bank Collections Manager Salary - ₹2.5 Lakhs to ₹8.5 Lakhs per year
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 ranges between ₹35,710 per month to ₹36,939 per month in Mumbai. The take-home salary calculation is based on the average Bajaj Finserv Collections Manager salary in India which ranges between ₹2.4 Lakhs to ₹7.8 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?
What is the notice period for Collections Manager at Bajaj Finserv in Mumbai?
According to AmbitionBox, 59% of the Bajaj Finserv Collections Managers in Mumbai reported a notice period of 3 Months, 23% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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Bajaj Finserv Collections Manager salary in Mumbai ranges between ₹2.4 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 Bajaj Finserv latest salaries received from various employees of Bajaj Finserv.