Berar Finance Collections Manager Salaries by 20+ 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. (9 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
Sales & Business Development Collections Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.9 L/yr

Last Updated: 20 Mar 2025

Companies similar to Berar Finance for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Mahindra Rural Housing Finance Collections Manager Salary 1 - 10 years exp. (139 salaries)	₹1.2 L/yr - ₹5.5 L/yr 10% more
Kotak Mahindra Prime Collections Manager Salary 3 - 10 years exp. (134 salaries)	₹2.3 L/yr - ₹8.3 L/yr 78% more
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Sammaan Capital Limited Collections Manager Salary 2 - 14 years exp. (70 salaries)	₹2.4 L/yr - ₹6.5 L/yr 77% more
LendingKart Collections Manager Salary 3 - 14 years exp. (41 salaries)	₹3.1 L/yr - ₹9.4 L/yr 111% more
Tata Capital Housing Finance Collections Manager Salary 4 - 15 years exp. (41 salaries)	₹3.8 L/yr - ₹10.5 L/yr 155% more
Aavas Financiers Collections Manager Salary 2 - 7 years exp. (34 salaries)	₹2 L/yr - ₹5 L/yr 25% more
PNB Housing Finance Collections Manager Salary 0 - 11 years exp. (33 salaries)	₹3.3 L/yr - ₹7.5 L/yr 72% more
Poonawalla Fincorp Collections Manager Salary 6 - 16 years exp. (28 salaries)	₹3 L/yr - ₹9.8 L/yr 117% more
Five-Star Business Finance Collections Manager Salary 3 - 8 years exp. (14 salaries)	₹3 L/yr - ₹5 L/yr 44% more
Electronica Finance Collections Manager Salary 0 - 9 years exp. (13 salaries)	₹2.5 L/yr - ₹5 L/yr 33% more
Kogta Financial India Limited Collections Manager Salary 4 - 11 years exp. (11 salaries)	₹3.1 L/yr - ₹10.5 L/yr 144% more
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Capri Global Capital Collections Manager Salary 4 - 9 years exp. (11 salaries)	₹2.5 L/yr - ₹6.8 L/yr 78% more
Vedika Credit Capital Collections Manager Salary 2 - 8 years exp. (6 salaries)	₹2 L/yr - ₹2.6 L/yr 14% less
Ess Kay Fincorp Collections Manager Salary 3 - 9 years exp. (6 salaries)	₹2 L/yr - ₹5.1 L/yr 44% more	1 job opening
Manba Finance Collections Manager Salary 6 - 12 years exp. (5 salaries)	₹3.5 L/yr - ₹5.5 L/yr 63% more
IKF Finance Collections Manager Salary 6 - 9 years exp. (5 salaries)	₹3.1 L/yr - ₹4.7 L/yr 54% more
Reliance Home Finance Collections Manager Salary 6 - 12 years exp. (5 salaries)	₹4.1 L/yr - ₹10.4 L/yr 106% more
Capital Trust Collections Manager Salary 2 - 13 years exp. (4 salaries)	₹2.5 L/yr - ₹6.5 L/yr 19% more
Paul Merchants Collections Manager Salary 7 - 10 years exp. (4 salaries)	₹3.9 L/yr - ₹4.8 L/yr 60% more
MAS Financial Services Collections Manager Salary 5 - 18 years exp. (4 salaries)	₹2.3 L/yr - ₹3 L/yr 11% more

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 21 latest salaries received from various employees of Berar Finance.

Experience wise Berar Finance Collections Manager salaries

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹1 L/yr - ₹2.6 L/yr
2 years (5 salaries)	₹2.1 L/yr - ₹4.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.7 L/yr
4 years (4 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

View all

Similar Designation salaries in Berar Finance

Collection Officer Salary

(22 salaries)

₹1.05 L/yr - ₹3.2 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

(33 salaries)

₹1 L/yr - ₹2.5 L/yr

Salary related reviews for Berar Finance

3.4

Rated by 4 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.

Salary - Excellent

+5 more

Dislikes

Career growth is slow.

Promotions - Bad

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

Salary - Bad

+6 more

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....

Salary - Poor

+4 more

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.

Salary - Poor

Collections Executive in Nagpur

Finance Department

3.0

• posted on 01 Oct 2020

1.0

for Salary and Benefits

Likes

Job security is good

Job security - 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

Salary - Bad

+4 more

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Berar Finance Collections Manager Salary FAQs

What is the salary of Collections Manager at Berar Finance ?

The average salary of a Collections Manager at Berar Finance in India typically ranges from ₹2.0 Lakhs to ₹3.4 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Collections Manager at Berar Finance earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Collections Manager Salaries at Berar 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 20+ Berar Finance employees in India.

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 in India typically ranges from ₹18,878 to ₹20,558 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.4 Lakhs per year for employees with experience ranging from 1 year to 8 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 20+ salaries received from various employees of Berar Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Berar Finance for Collections Manager in India?

Tata Capital Housing Finance	₹3.8 Lakhs to ₹10.5 Lakhs per year
Kogta Financial India Limited	₹3.1 Lakhs to ₹10.5 Lakhs per year
Poonawalla Fincorp	₹3.0 Lakhs to ₹9.8 Lakhs per year
LendingKart	₹3.1 Lakhs to ₹9.4 Lakhs per year
Reliance Home Finance	₹4.1 Lakhs to ₹10.4 Lakhs per year

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

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

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

Capri Global Capital	₹2.5 Lakhs to ₹6.8 Lakhs per year
Kotak Mahindra Prime	₹2.3 Lakhs to ₹8.3 Lakhs per year
Sammaan Capital Limited	₹2.4 Lakhs to ₹6.5 Lakhs per year
PNB Housing Finance	₹3.3 Lakhs to ₹7.5 Lakhs per year
Manba Finance	₹3.5 Lakhs to ₹5.5 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 Berar Finance in India?

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

Experience	Average Salary Range
1 year	₹1.0 Lakhs to ₹2.6 Lakhs per year
2 years	₹2.1 Lakhs to ₹4.5 Lakhs per year
3 years	₹2.2 Lakhs to ₹4.7 Lakhs per year
4 years	₹2.0 Lakhs to ₹4.8 Lakhs per year

and so on.

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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 21 Berar Finance latest salaries received from various employees of Berar Finance.