Edelweiss Visakhapatnam Collection Officer Salaries by 5 Employees

2 - 4 years exp.

₹3.1 Lakhs - ₹3.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

16% more than the average Collection Officer Salary in Financial Services Companies for 2 - 4 years of experience

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Salaries in different departments

Finance & Accounting Collection Officer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.2 L/yr
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BFSI, Investments & Trading Collection Officer Salary 3 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.4 L/yr

Last Updated: 9 Mar 2024

Companies similar to Edelweiss for Collection Officer in Visakhapatnam

Edelweiss Collection Officer Salary

2 - 4 years exp. (5 salaries)

₹3.1 L/yr - ₹3.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Home Credit Finance Collection Officer Salary 5 - 8 years exp. (3 salaries)	₹2 L/yr - ₹2.5 L/yr 35% less
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Sammaan Capital Limited Collection Officer Salary 1 - 8 years exp. (3 salaries)	₹2.5 L/yr - ₹3.6 L/yr 16% less

Collection Officer salary at Edelweiss ranges between ₹3.1 Lakhs to ₹3.4 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Edelweiss.

Experience wise Edelweiss Collection Officer salaries in Visakhapatnam

Last Updated: 9 Mar 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

Similar Designation salaries in Edelweiss

Location Head Salary

(4 salaries)

₹6.7 L/yr - ₹7.8 L/yr

Salary related reviews for Edelweiss

Relationship Manager in Rajendra Palace Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 21 Jun 2022

3.0

for Salary and Benefits

Likes

Salary on time, system is too good and working culture is very well

Skill development - Good

+1 more

Dislikes

They have only 1 product LAP only self-employed profile, where turnover is more than 1 crore. They are doing only Approved and Regularized property but ROI is 2% to 2.5% is above than other banks. They want cream file like HDFC Bank but not offer HDFC Bank ROI.

Work satisfaction - Bad

Sales Manager in Surat

Finance & Accounting Department

5.0

• posted on 29 Nov 2020

3.0

for Salary and Benefits

Likes

Edelweiss was taking care of thier employees in lockdown also give salary time to time. Work culture is very good and have great experience to work with edelwiess.

Skill development - Good

+4 more

Dislikes

There are some issue but i dont want to share it about company. Over all it is good company.

Sales Officer in Kaithal

Finance Department

5.0

• posted on 30 Jul 2020

3.0

for Salary and Benefits

Likes

...ment and culture. Teammates are supportive and the management is transparent. Edelweiss group will close the SME Lending entity soon that's why i lost my job otherwise company policies are good, appraisals are fair and they give good salary hike.

Skill development - Good

+3 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but carrer growth is slow. On the job training is not given to new joinees.

Job security - Poor

Sales Officer in Satara

Finance & Accounting Department

5.0

• posted on 05 Apr 2019

3.0

for Salary and Benefits

Likes

...ood enough.Still I am not experienced with career growth but it was good enough.Salary was too good.still I don't have any experience about appraisal.Politics is in every organization.work environment was excellent so much things are learning in Edelweiss.Overall organization was too good for any employee with Little bit hiding few drowbacks.i personaly recommend for everyone.it was excellent experience for me.

Skill development - Excellent

+5 more

Dislikes

Some of teammates taking overall credits of others hardworking that was main drowback.Seniors don't got those things properly.Seniors must want to talk with every employee about his hard work deeply.seniors are too good only want to lookout those things.orgnization must need to lookout paperless work.Orgnization must need to change some drawbakcs like a so much of paper work,benefits also need to expand business with new products.also need to start connectors with every branches to taking & expand more business & benefits.

Relationship Manager in New Delhi

Sales & Business Development Department

2.0

• posted on 27 Aug 2018

1.0

for Salary and Benefits

Likes

...almost harass you in terms of work life. They do not provide any reimbursements. They just want you to run for business whether you have to spend your whole salary in doing so.

Skill development - Excellent

+1 more

Dislikes

Nothing at all

Salary - Bad

+3 more

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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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Edelweiss Collection Officer Salary FAQs

What is the salary of Collection Officer at Edelweiss in Visakhapatnam?

The average salary of a Collection Officer at Edelweiss in Visakhapatnam typically ranges from ₹3.1 Lakhs to ₹3.4 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Collection Officer in Visakhapatnam at Edelweiss earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Collection Officer Salaries at Edelweiss 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 5 Edelweiss employees in India.

What is the estimated take home salary of a Collection Officer at Edelweiss in Visakhapatnam?

The estimated take-home salary of a Collection Officer at Edelweiss in Visakhapatnam typically ranges from ₹23,353 to ₹24,816 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹3.4 Lakhs per year for employees with experience ranging from 2 years to 4 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 5 salaries received from various employees of Edelweiss. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Collection Officer in companies similar to Edelweiss in Visakhapatnam?

The salary of a Collection Officer at companies similar to Edelweiss in Visakhapatnam varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sammaan Capital Limited	₹2.5 Lakhs to ₹3.6 Lakhs per year
Home Credit Finance	₹2.0 Lakhs to ₹2.5 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 Collection Officer at Edelweiss in Visakhapatnam?

The salary growth for a Collection Officer at Edelweiss in Visakhapatnam depends on factors such as experience, performance, and promotions. On average, a Collection Officer in Visakhapatnam can expect the following growth trajectory at Edelweiss:

Experience	Average Salary Range
2 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
3 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
4 years	₹2.9 Lakhs to ₹3.7 Lakhs per year

and so on.

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Edelweiss Collection Officer Salaries in Visakhapatnam

Edelweiss Collection Officer salary in Visakhapatnam ranges between ₹3.1 Lakhs to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Edelweiss latest salaries received from various employees of Edelweiss.