Bharat Financial Inclusion Collections Manager Salaries by 4 Employees (Updated 2025)

2 - 21 years exp.

₹5.2 Lakhs - ₹8 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

13% more than the average Collections Manager Salary in NBFC Companies for 2 - 21 years of experience

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Salaries in different departments

Risk Management & Compliance Collections Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.7 L/yr
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BFSI, Investments & Trading Collections Manager Salary 21 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.7 L/yr

Last Updated: 29 Mar 2025

Companies similar to Bharat Financial Inclusion for Collections Manager

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Collections Manager Salary 4 - 10 years exp. (199 salaries)	₹2 L/yr - ₹9.5 L/yr 23% less
Shriram Finance Collections Manager Salary 2 - 10 years exp. (184 salaries)	₹1.9 L/yr - ₹6 L/yr 39% less
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L&T Finance Collections Manager Salary 4 - 12 years exp. (181 salaries)	₹2.4 L/yr - ₹9 L/yr 5% less
Mahindra Rural Housing Finance Collections Manager Salary 1 - 10 years exp. (139 salaries)	₹1.2 L/yr - ₹5.5 L/yr 54% less	1 job opening
Kotak Mahindra Prime Collections Manager Salary 3 - 10 years exp. (132 salaries)	₹2.3 L/yr - ₹8.3 L/yr 27% less
TVS Credit Collections Manager Salary 3 - 15 years exp. (76 salaries)	₹3.2 L/yr - ₹6.5 L/yr 19% less
Mahindra Finance Collections Manager Salary 2 - 10 years exp. (73 salaries)	₹1.5 L/yr - ₹5.5 L/yr 42% less	1 job opening
Sammaan Capital Limited Collections Manager Salary 2 - 14 years exp. (72 salaries)	₹2.4 L/yr - ₹6.5 L/yr 24% less
IIFL Finance Collections Manager Salary 3 - 10 years exp. (54 salaries)	₹2.8 L/yr - ₹7 L/yr 21% less
LendingKart Collections Manager Salary 3 - 12 years exp. (37 salaries)	₹3.1 L/yr - ₹9.4 L/yr 12% less
Tata Capital Housing Finance Collections Manager Salary 4 - 15 years exp. (41 salaries)	₹3.8 L/yr - ₹10.5 L/yr 7% more
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Aavas Financiers Collections Manager Salary 2 - 7 years exp. (34 salaries)	₹2 L/yr - ₹5 L/yr 47% less
PNB Housing Finance Collections Manager Salary 5 - 12 years exp. (22 salaries)	₹3.3 L/yr - ₹7.5 L/yr 26% less
Poonawalla Fincorp Collections Manager Salary 6 - 16 years exp. (28 salaries)	₹3 L/yr - ₹9.8 L/yr 9% less
Muthoot Finance Collections Manager Salary 4 - 11 years exp. (14 salaries)	₹2.3 L/yr - ₹5.5 L/yr 28% less	2 job openings
Manappuram Finance Collections Manager Salary 2 - 17 years exp. (15 salaries)	₹3 L/yr - ₹8 L/yr 28% less
Five-Star Business Finance Collections Manager Salary 3 - 8 years exp. (14 salaries)	₹3 L/yr - ₹5 L/yr 39% less
Electronica Finance Collections Manager Salary 0 - 9 years exp. (13 salaries)	₹2.5 L/yr - ₹5 L/yr 44% less
SK Finance Limited Collections Manager Salary 0 - 14 years exp. (13 salaries)	₹2.9 L/yr - ₹10 L/yr 8% more
Muthoot Fincorp Collections Manager Salary 4 - 11 years exp. (12 salaries)	₹2.7 L/yr - ₹6.8 L/yr 31% less

View all

Collections Manager salary at Bharat Financial Inclusion ranges between ₹5.2 Lakhs to ₹8 Lakhs per year for employees with experience between 2 years to 21 years. Salary estimates are based on 4 latest salaries received from various employees of Bharat Financial Inclusion.

Experience wise Bharat Financial Inclusion Collections Manager salaries

Last Updated: 29 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
3 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
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15+ years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr

Similar Designation salaries in Bharat Financial Inclusion

Collection Officer Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Area Collection Manager Salary

(4 salaries)

₹1.8 L/yr - ₹12 L/yr

Cluster Manager Salary

(68 salaries)

₹4.5 L/yr - ₹9.2 L/yr

Relationship Manager Salary

(7 salaries)

₹1.9 L/yr - ₹3.5 L/yr

Branch Manager Salary

(133 salaries)

₹1.75 L/yr - ₹6 L/yr

Area Manager Salary

(11 salaries)

₹3.3 L/yr - ₹11 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

Regional Collection Manager Salary

(4 salaries)

₹4.4 L/yr - ₹10 L/yr

Territory Collection Manager Salary

(5 salaries)

₹8.55 L/yr - ₹12.5 L/yr

Senior Collection Officer Salary

(3 salaries)

₹2.41 L/yr - ₹2.42 L/yr

Salary related reviews for Bharat Financial Inclusion

Branch Manager in Kochi

Full Time

Sales & Business Development Department

5.0

• posted on 22 Feb 2025

5.0

for Salary and Benefits

Likes

...ff in BFIL and within a short period of time I was promoted to a branch manager. BFIL gives salary and incentive which no other company gives, they will pay salary exactly on 31st of every month. The package provided by them is very good like vehicle fuel charge, insurance.HR,IT,MS,PTC,and account's department team is very supportive.

Salary - Excellent

+6 more

Dislikes

Evening Con call , late night work ,Working on holidays

Cluster Manager in Bhubaneswar

Full Time

Strategic & Top Management Department

3.0

• posted on 08 Sep 2024

4.0

for Salary and Benefits

Likes

Only salary is the primary thing which I like in BFIL.

Salary - Good

+3 more

Dislikes

Work culture worst Work life balance worst Upper management worst Tm and RBH will scold CM in front of BMs so that the CMs are not getting the proper respect and during Ganesh Puja and Rakhya Bandhan they will force you to work.

Company culture - Bad

+1 more

Cluster Manager in Hyderabad / Secunderabad

Full Time

Marketing & Communication Department

4.0

• posted on 30 Jun 2022

4.0

for Salary and Benefits

Likes

I joined bfil as a cluster manager and overall it was a good experience. At the initial stage of my career I was given the opportunity to handle a team of professionals across different cities which really ignited the spark within me which I thought never existed in me. Most of the colleagues as well as the senior management are helpful and they treat you like family.

Salary - Good

+1 more

Dislikes

...in the morning 7:30 to even 11pm or midnight as per the requirements of the day. The compensation was lucrative but as it is rightly said no other thing can compensate for the lost work life balance which gives stability to an individual's mental well being. Apart from this the senior management didn't cared about whether it is a weekend or a normal day as they used to schedule a vc even on a Sunday evening that too without any prior notice.

Work satisfaction - Poor

+1 more

Branch Manager in Nidadavole

Other Department

5.0

• posted on 20 Apr 2021

5.0

for Salary and Benefits

Likes

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

Salary - Excellent

+6 more

Dislikes

There ia lot of politics and the management doesn't address our issues. Salar8is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joiness.

Auditor in Kota

Full Time

Finance & Accounting Department

1.0

• posted on 17 Dec 2024

1.0

for Salary and Benefits

Likes

Lead Manager treat like Family

Dislikes

... being taken directly to Executive post and the Associate post has been removed. My Salary for 2 year is 14700/- monthly. What is going wrong with the old employee.

Salary - Bad

+5 more

see more salary related reviews

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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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Bharat Financial Inclusion Collections Manager Salary FAQs

What is the salary of Collections Manager at Bharat Financial Inclusion ?

The average salary of a Collections Manager at Bharat Financial Inclusion in India typically ranges from ₹5.2 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 2 years to 21 years).

The top 10% of Collections Manager at Bharat Financial Inclusion earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Collections Manager Salaries at Bharat Financial Inclusion 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 4 Bharat Financial Inclusion employees in India.

What is the estimated take home salary of a Collections Manager at Bharat Financial Inclusion in India?

The estimated take-home salary of a Collections Manager at Bharat Financial Inclusion in India typically ranges from ₹48,428 to ₹49,574 per month. This is based on the average salary range of ₹5.2 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 2 years to 21 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 4 salaries received from various employees of Bharat Financial Inclusion. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bharat Financial Inclusion for Collections Manager in India?

SK Finance Limited	₹2.9 Lakhs to ₹10.0 Lakhs per year
Tata Capital Housing Finance	₹3.8 Lakhs to ₹10.5 Lakhs per year

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

What is the salary of a Collections Manager in companies similar to Bharat Financial Inclusion in India?

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

L&T Finance	₹2.4 Lakhs to ₹9.0 Lakhs per year
Poonawalla Fincorp	₹3.0 Lakhs to ₹9.8 Lakhs per year
LendingKart	₹3.1 Lakhs to ₹9.4 Lakhs per year
Muthoot Microfin	₹4.8 Lakhs to ₹6.2 Lakhs per year
TVS Credit	₹3.2 Lakhs to ₹6.5 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 Bharat Financial Inclusion in India?

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

Experience	Average Salary Range
2 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
3 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
15 years	₹5.9 Lakhs to ₹7.6 Lakhs per year

and so on.

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Bharat Financial Inclusion Collections Manager Salaries

Bharat Financial Inclusion Collections Manager salary in India ranges between ₹5.2 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bharat Financial Inclusion latest salaries received from various employees of Bharat Financial Inclusion.