Berar Finance Collections Manager Salaries by 10+ Employees (Updated 2025)

1 - 8 years exp.

₹2 Lakhs - ₹3.4 Lakhs

Salary of majority employees

52% less than the average Collections Manager Salary in NBFC Companies for 1 - 8 years of experience

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Salaries in different departments

Finance & Accounting Collections Manager Salary 1 - 7 years exp. (8 salaries)	₹2.3 L/yr - ₹3.4 L/yr
Customer Success, Service & Operations Collections Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.9 L/yr
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BFSI, Investments & Trading Collections Manager Salary 5 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹3 L/yr

Last Updated: 5 Jan 2025

Companies similar to Berar Finance for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Collections Manager Salary 0 - 10 years exp. (265 salaries)	₹1.3 L/yr - ₹8.1 L/yr 74% more
HDFC Bank Collections Manager Salary 0 - 18 years exp. (866 salaries)	₹2 L/yr - ₹11.1 L/yr 145% more	2 job openings
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ICICI Bank Collections Manager Salary 3 - 15 years exp. (329 salaries)	₹2.5 L/yr - ₹12 L/yr 176% more
Kotak Mahindra Bank Collections Manager Salary 3 - 15 years exp. (233 salaries)	₹2 L/yr - ₹9.8 L/yr 132% more
Axis Bank Collections Manager Salary 4 - 14 years exp. (293 salaries)	₹2.6 L/yr - ₹12.6 L/yr 174% more
State Bank of India Collections Manager Salary 6 - 10 years exp. (4 salaries)	₹5.4 L/yr - ₹6.7 L/yr 139% more
Sammaan Capital Limited Collections Manager Salary 2 - 11 years exp. (74 salaries)	₹2.4 L/yr - ₹6.5 L/yr 75% more
Mahindra Finance Collections Manager Salary 2 - 10 years exp. (78 salaries)	₹1.5 L/yr - ₹5.5 L/yr 40% more
Mahindra Rural Housing Finance Collections Manager Salary 1 - 8 years exp. (129 salaries)	₹1.2 L/yr - ₹5.5 L/yr 4% more
Kotak Mahindra Prime Collections Manager Salary 3 - 10 years exp. (127 salaries)	₹2.3 L/yr - ₹8.3 L/yr 76% more
Tata Capital Housing Finance Collections Manager Salary 4 - 15 years exp. (35 salaries)	₹4 L/yr - ₹10.5 L/yr 154% more
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LendingKart Collections Manager Salary 4 - 14 years exp. (33 salaries)	₹3.6 L/yr - ₹11 L/yr 146% more	1 job opening
Aavas Financiers Collections Manager Salary 2 - 7 years exp. (34 salaries)	₹2 L/yr - ₹5 L/yr 27% more
PNB Housing Finance Collections Manager Salary 0 - 11 years exp. (32 salaries)	₹3.3 L/yr - ₹7.5 L/yr 81% more
Poonawalla Fincorp Collections Manager Salary 6 - 16 years exp. (28 salaries)	₹3 L/yr - ₹9.8 L/yr 137% more
Kogta Financial India Limited Collections Manager Salary 4 - 12 years exp. (13 salaries)	₹3.1 L/yr - ₹12.4 L/yr 164% more
Electronica Finance Collections Manager Salary 0 - 9 years exp. (13 salaries)	₹2.5 L/yr - ₹5 L/yr 34% more
Five-Star Business Finance Collections Manager Salary 3 - 8 years exp. (12 salaries)	₹3 L/yr - ₹4.2 L/yr 48% more
Capri Global Capital Collections Manager Salary 4 - 9 years exp. (11 salaries)	₹2.5 L/yr - ₹6.8 L/yr 78% more
Ess Kay Fincorp Collections Manager Salary 3 - 9 years exp. (6 salaries)	₹2 L/yr - ₹5.1 L/yr 46% more

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Collections Manager salary at Berar Finance ranges between ₹2 Lakhs to ₹3.4 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 19 latest salaries received from various employees of Berar Finance.

Experience wise Berar Finance Collections Manager salaries

Last Updated: 5 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1 L/yr - ₹2.6 L/yr
2 years (5 salaries)	₹2.1 L/yr - ₹2.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.6 L/yr
4 years (3 salaries)	₹2 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.4 L/yr
7 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.1 L/yr
8 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.1 L/yr

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Similar Designation salaries in Berar Finance

Collection Officer Salary

(20 salaries)

₹1.2 L/yr - ₹3 L/yr

Area Collection Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Collection Associate Salary

(3 salaries)

₹1.6 L/yr - ₹2.3 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Branch Manager Salary

(33 salaries)

₹2.4 L/yr - ₹5 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Regional Collection Manager Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Senior Collection Officer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Sales Executive Salary

(32 salaries)

₹1 L/yr - ₹2.5 L/yr

Salary related reviews for Berar Finance

1.3

Rated by 2 employees for salary & benefits

Sales Executive in Durg

Finance & Accounting Department

5.0

• posted on 24 May 2022

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good appraisals are fair and they give good salary hike and bonus every year.

Dislikes

Career growth is slow.

Branch Manager in Kolhapur

Sales & Marketing Department

1.0

• posted on 12 Apr 2021

1.0

for Salary and Benefits

Likes

Political cuture in management level , Not job security, working culture is poor, company policy not satisfied, not person life,

Dislikes

Salary not secure, job training is not given to new joinees, management poor

Branch Head in Pune

Full Time

Marketing & Sales Department

3.0

• posted on 05 Sep 2023

2.0

for Salary and Benefits

Likes

Less pressure as compared to other companies also no VC which are really irritating for everyone

Dislikes

No training, no recognition, no reward, no motivation, no incentive, salary never get on time, increment neither predictable nor fix even month also not fix, no proper HR policies, can transfer anywhere....

Internal Audit Officer in Nagpur

Full Time

Finance & Accounting Department

3.0

• posted on 27 Sep 2024

2.0

for Salary and Benefits

Likes

Apart from this Internal Audit , other departments are good and their work culture are also good .The company is good but employee benifits are not much.

Dislikes

...d not have been given the Diwali bonus even though I was eligible for the bonus. Here 2 PF amounts are deducted from the salary itself whereas this does not happen in other NBFC and Banks ,although the salary in CTC is given there like other NBFC and Banks.

Collections Executive in Nagpur

Finance Department

3.0

• posted on 01 Oct 2020

1.0

for Salary and Benefits

Likes

Job security is good

Dislikes

There is a lot of politics among top managemnets, salary is also less and so the career growth, office timing is of 11-12 hrs No safety measures taken during covid No incentive on work nor appreciation

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Berar Finance Collections Manager Salary FAQs

What is the salary of Collections Manager at Berar Finance?

Collections Manager salary at Berar Finance in India ranges between ₹2.0 Lakhs to ₹3.4 Lakhs for experience between 1 years to 8 years. According to our estimates it is 52% less than the average Collections Manager Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Berar Finance India.

How does the salary of a Collections Manager at Berar Finance India compare with the average salary range for this job?

The average salary of a Collections Manager at Berar Finance is 52% less than the average salary of a Collections Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Berar Finance to a Collections Manager in India?

ICICI Bank Collections Manager Salary - ₹2.5 Lakhs to ₹12.0 Lakhs per year
Axis Bank Collections Manager Salary - ₹2.6 Lakhs to ₹12.6 Lakhs per year
Kogta Financial India Limited Collections Manager Salary - ₹3.1 Lakhs to ₹12.4 Lakhs per year
Tata Capital Housing Finance Collections Manager Salary - ₹4.0 Lakhs to ₹10.5 Lakhs per year
LendingKart Collections Manager Salary - ₹3.6 Lakhs to ₹11.0 Lakhs per year

What is the salary of a Collections Manager in companies similar to Berar Finance in India?

HDFC Bank Collections Manager Salary - ₹2.0 Lakhs to ₹11.1 Lakhs per year
State Bank of India Collections Manager Salary - ₹5.4 Lakhs to ₹6.7 Lakhs per year
Poonawalla Fincorp Collections Manager Salary - ₹3.0 Lakhs to ₹9.8 Lakhs per year
Kotak Mahindra Bank Collections Manager Salary - ₹2.0 Lakhs to ₹9.8 Lakhs per year
Ugro Capital Collections Manager Salary - ₹4.1 Lakhs to ₹6.4 Lakhs per year

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

The estimated take-home salary of a Collections Manager at Berar Finance ranges between ₹18,600 per month to ₹20,284 per month in India. The take-home salary calculation is based on the average Berar Finance Collections Manager salary in India which ranges between ₹2.0 Lakhs to ₹3.4 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Collections Manager at Berar Finance?

According to AmbitionBox, 64% of the Berar Finance Collections Managers reported a notice period of 1 Month, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 25 responses on AmbitionBox in last 2 years.

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Berar Finance Collections Manager Salaries

Berar Finance Collections Manager salary in India ranges between ₹2 Lakhs to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Berar Finance latest salaries received from various employees of Berar Finance.