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CARS24 Financial Services Collections Manager salaries in India

Annual salary range
1 - 10 years exp.
₹3.2 Lakhs - ₹6.3 Lakhs
Salary of majority employees
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11% less than the average Collections Manager Salary for 1 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Collections Manager Salary
4 - 10 years exp. (4 salaries)
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₹4.8 L/yr - ₹6.3 L/yr

Finance & Accounting
Collections Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹4.8 L/yr - ₹5.3 L/yr

Last Updated: 23 May 2024

Companies similar to CARS24 Financial Services for Collections Manager

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

1 - 18 years exp. (1.1k salaries)

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₹2 L/yr - ₹11.1 L/yr

arrow icon 33% more
7 job openings
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Kotak Mahindra Bank Collections Manager Salary

3 - 14 years exp. (306 salaries)

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₹1.8 L/yr - ₹9.8 L/yr

arrow icon 24% more
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Axis Bank Collections Manager Salary

4 - 14 years exp. (288 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 47% more
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ICICI Bank Collections Manager Salary

3 - 15 years exp. (254 salaries)

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₹3.7 L/yr - ₹12 L/yr

arrow icon 46% more
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₹2.6 L/yr - ₹8.3 L/yr

arrow icon 5% less
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Accenture Collections Manager Salary

11 - 15 years exp. (4 salaries)

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₹12 L/yr - ₹17 L/yr

arrow icon 175% more
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Genpact Collections Manager Salary

8 - 14 years exp. (4 salaries)

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₹5.2 L/yr - ₹17.1 L/yr

arrow icon 111% more
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TCS Collections Manager Salary

1 - 18 years exp. (4 salaries)

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₹3.5 L/yr - ₹8 L/yr

arrow icon 7% more
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₹2.5 L/yr - ₹5 L/yr

arrow icon 26% less
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IBM Collections Manager Salary

12 - 14 years exp. (3 salaries)

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₹6.2 L/yr - ₹8.8 L/yr

arrow icon 41% more
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Jio Collections Manager Salary

1 - 11 years exp. (3 salaries)

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₹4.4 L/yr - ₹14 L/yr

arrow icon 86% more
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Wipro Collections Manager Salary

2 - 20 years exp. (3 salaries)

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₹6 L/yr - ₹36 L/yr

arrow icon 310% more
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Infosys BPM Collections Manager Salary

11 - 17 years exp. (3 salaries)

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₹6.5 L/yr - ₹9.6 L/yr

arrow icon 71% more
Collections Manager salary at CARS24 Financial Services ranges between ₹3.2 Lakhs to ₹6.3 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 8 latest salaries received from various employees of CARS24 Financial Services.

Latest annual salaries shared by CARS24 Financial Services Collections Manager

7mo ago
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10 years exp.
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9 years exp.
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1 year exp.
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7 years exp.
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4 years exp.

Experience wise CARS24 Financial Services Collections Manager salaries

Last Updated: 23 May 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.4 L/yr
2 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
3 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr
4 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr
5 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.7 L/yr
View all

Similar Designation salaries in CARS24 Financial Services

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₹9.1 L/yr - ₹12.5 L/yr
Zonal Collection Manager Salary
(AmbitionBox Estimate)
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₹21.6 L/yr - ₹27.6 L/yr
Collection Associate Salary
(AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.3 L/yr
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₹5 L/yr - ₹6 L/yr
Area Manager Salary
(3 salaries)
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₹7.2 L/yr - ₹11.4 L/yr
Deputy Manager Salary
(4 salaries)
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₹8 L/yr - ₹8.43 L/yr
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₹12 L/yr - ₹23 L/yr
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₹2.92 L/yr - ₹3.7 L/yr
Team Lead Salary
(26 salaries)
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₹4.05 L/yr - ₹7.8 L/yr
State Head Salary
(AmbitionBox Estimate)
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₹13.3 L/yr - ₹17 L/yr

Salary related reviews for CARS24 Financial Services

3.6

Rated by 2 employees for salary & benefits

Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 25 Oct 2023

1.0
 for  Salary and Benefits

Likes

Very bad company

Dislikes

This is the very poor company, because at the time when the employee is being promoted and the salary is being apprised, at that time the employee is fired under some pretext and his whole year is ruined

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Risk Management & Compliance Department

2.0
  •  posted on 10 Nov 2023

2.0
 for  Salary and Benefits

Likes

Company pays good money

Dislikes

...numbers behaving in such volatile manner without massive manual intervention. Ego and Attitude problem was a bonus. The Ego and Attitude of every single person starting at CFO is like they were the ones who solved world hunger, world poverty.

read more
  • Salary - Poor
  • +5 more

Customer Success, Service & Operations Department

3.0
  •  posted on 31 May 2022

3.0
 for  Salary and Benefits

Likes

Things work really fast, ideas are executed faster than any other organization i have worked with till now. HR policies are strong, bosses cannot screw people over for their personal grudges. All teams are always ready to jump on a call to solve a problem, or an escalation or bridge a process gap. On hands onboard all the time. The way tenured team members are always ready to help and share knowledge for the product and services and internal processes, is impeccable. unlike some organization where information is kept secret, and it becomes hard for new employees to survive. Here @cars24 financial services team is very helpful and supportive.

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Dislikes

...ves, while others would have unlimited leave with no need to punch in and out 3) Performance linked bonus would be paid only if you are on company's payroll, so for instances you have completed 12 months and you are now eligible for bonus. However, the company will decide to pay out the bonus in the month July or August , and you decide the leave the organization in June, you will not be paid the bonus. 4) In mid management you might get a feel of bureaucratism

read more
  • Skill development - Bad
  • +4 more

Customer Success, Service & Operations Department

3.0
  •  posted on 30 Aug 2021

3.0
 for  Salary and Benefits

Likes

Talking about company company is good they pay you on time and have many other benefits but their is no work life balance specially in B2B department they tell you to work from morning 9 till 11 pm at night and 7 days a week poor management every body just want to give their work on others shoulders not support from top management no carrier growth

read more
  • Job security - Good

Dislikes

No holidays not also a week off No fixed working time No support from management

  • Work satisfaction - Bad
  • +2 more

Full Time

 · 

Other Department

1.0
  •  posted on 30 Jan 2025

1.0
 for  Salary and Benefits

Likes

no answer

Dislikes

Work Culture: The work environment is not supportive, with high pressure and lack of proper management. Shift Duration: The shift is excessively long, lasting 15 hours, which leads to exhaustion. Management Issues: The manager is overly strict and difficult to work with. Breaks & Time Off: Only lunch timing and week-off are noted, with no additional breaks or flexibility.

read more
  • Salary - Bad
  • +6 more
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CARS24 Financial Services Collections Manager Salary FAQs

What is the salary of Collections Manager at CARS24 Financial Services ?
The average salary of a Collections Manager at CARS24 Financial Services in India typically ranges from ₹3.2 Lakhs to ₹6.3 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Collections Manager at CARS24 Financial Services earn more than ₹6.3 Lakhs per year, and the top 1% earn over ₹6.3 Lakhs per year. Collections Manager Salaries at CARS24 Financial Services 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 8 CARS24 Financial Services employees in India.
What is the estimated take home salary of a Collections Manager at CARS24 Financial Services in India?
The estimated take-home salary of a Collections Manager at CARS24 Financial Services in India typically ranges from ₹37,636 to ₹38,836 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹6.3 Lakhs per year for employees with experience ranging from 1 year to 10 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 8 salaries received from various employees of CARS24 Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than CARS24 Financial Services for Collections Manager in India?
Wipro ₹6.0 Lakhs to ₹36.0 Lakhs per year
Accenture ₹12.0 Lakhs to ₹17.0 Lakhs per year
Genpact ₹5.2 Lakhs to ₹17.1 Lakhs per year
Jio ₹4.4 Lakhs to ₹14.0 Lakhs per year
Infosys BPM ₹6.5 Lakhs to ₹9.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by CARS24 Financial Services, depending on the role and experience level.
What is the salary of a Collections Manager in companies similar to CARS24 Financial Services in India?
The salary of a Collections Manager at companies similar to CARS24 Financial Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank ₹3.0 Lakhs to ₹13.0 Lakhs per year
ICICI Bank ₹3.7 Lakhs to ₹12.0 Lakhs per year
IBM ₹6.2 Lakhs to ₹8.8 Lakhs per year
HDFC Bank ₹2.0 Lakhs to ₹11.1 Lakhs per year
Kotak Mahindra Bank ₹1.8 Lakhs to ₹9.8 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 CARS24 Financial Services in India?
The salary growth for a Collections Manager at CARS24 Financial Services depends on factors such as experience, performance, and promotions. On average, a Collections Manager can expect the following growth trajectory at CARS24 Financial Services:

Experience Average Salary Range
1 year ₹4.2 Lakhs to ₹5.4 Lakhs per year
2 years ₹4.3 Lakhs to ₹5.5 Lakhs per year
3 years ₹4.4 Lakhs to ₹5.6 Lakhs per year
4 years ₹4.4 Lakhs to ₹5.6 Lakhs per year
and so on.

Tell us how to improve this page.

CARS24 Financial Services Collections Manager salary in India ranges between ₹3.2 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 CARS24 Financial Services latest salaries received from various employees of CARS24 Financial Services.