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Fedbank Financial Services Collection Officer salaries in India

Annual salary range
4 - 11 years exp.
₹2.5 Lakhs - ₹3.4 Lakhs
Salary of majority employees
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24% more than the average Collection Officer Salary in NBFC Companies for 4 - 11 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

BFSI, Investments & Trading
Collection Officer Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.4 L/yr

Finance & Accounting
Collection Officer Salary
10 - 11 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.4 L/yr

Risk Management & Compliance
Collection Officer Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.4 L/yr

Last Updated: 3 Aug 2024

Companies similar to Fedbank Financial Services for Collection Officer

Company name Avg Annual Salary Open Jobs
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₹1.7 L/yr - ₹3.7 L/yr

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₹1.8 L/yr - ₹3.8 L/yr

arrow icon 13% less
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Home Credit Finance Collection Officer Salary

0 - 8 years exp. (45 salaries)

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₹1.5 L/yr - ₹3.6 L/yr

arrow icon 34% less
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Kinara Capital Collection Officer Salary

1 - 8 years exp. (38 salaries)

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₹2.3 L/yr - ₹3.9 L/yr

arrow icon 12% less
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SBFC Finance Collection Officer Salary

0 - 10 years exp. (35 salaries)

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₹2.2 L/yr - ₹3.6 L/yr

arrow icon 13% less
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Ugro Capital Collection Officer Salary

1 - 9 years exp. (29 salaries)

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₹2.8 L/yr - ₹4.5 L/yr

arrow icon 11% more
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₹1.5 L/yr - ₹3 L/yr

arrow icon 30% less
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AVIOM Collection Officer Salary

0 - 8 years exp. (25 salaries)

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₹1.6 L/yr - ₹2.9 L/yr

arrow icon 25% less
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₹1.5 L/yr - ₹4 L/yr

arrow icon 22% less
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₹2.3 L/yr - ₹3.1 L/yr

arrow icon 21% less
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Hero FinCorp Collection Officer Salary

1 - 7 years exp. (17 salaries)

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₹1 L/yr - ₹5.7 L/yr

arrow icon 16% less
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₹2 L/yr - ₹3 L/yr

arrow icon 24% less
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₹1.9 L/yr - ₹3.4 L/yr

arrow icon 13% less
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Electronica Finance Collection Officer Salary

0 - 7 years exp. (15 salaries)

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₹2 L/yr - ₹3.3 L/yr

arrow icon 23% less
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₹1 L/yr - ₹3.2 L/yr

arrow icon 30% less
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Tyger Capital Collection Officer Salary

3 - 5 years exp. (10 salaries)

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₹2.3 L/yr - ₹3.5 L/yr

arrow icon 17% less
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Finova Capital Collection Officer Salary

4 - 10 years exp. (7 salaries)

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₹2.7 L/yr - ₹2.9 L/yr

arrow icon 13% less
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InCred Finance Collection Officer Salary

1 - 7 years exp. (5 salaries)

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₹3 L/yr - ₹3.7 L/yr

arrow icon 2% more
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₹2.4 L/yr - ₹2.8 L/yr

arrow icon 25% less
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₹2.8 L/yr - ₹3.5 L/yr

arrow icon 2% less
View all
Collection Officer salary at Fedbank Financial Services ranges between ₹2.5 Lakhs to ₹3.4 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 6 latest salaries received from various employees of Fedbank Financial Services.

Latest annual salaries shared by Fedbank Financial Services Collection Officer

7mo ago
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11 years exp.
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Experience wise Fedbank Financial Services Collection Officer salaries

Last Updated: 3 Aug 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5.7 L/yr
5 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
7 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
8 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹3.9 L/yr
View all

Similar Designation salaries in Fedbank Financial Services

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₹4 L/yr - ₹6.75 L/yr
Sales Officer Salary
(5 salaries)
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₹2.05 L/yr - ₹6 L/yr
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₹1.8 L/yr - ₹4 L/yr
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₹7.01 L/yr - ₹14 L/yr
Officer Salary
(12 salaries)
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₹1.6 L/yr - ₹5.6 L/yr
Sales Manager Salary
(55 salaries)
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₹3.16 L/yr - ₹9.5 L/yr
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₹2.3 L/yr - ₹3.1 L/yr
Branch Manager Salary
(208 salaries)
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₹2.5 L/yr - ₹8 L/yr
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₹2.25 L/yr - ₹5.5 L/yr
Deputy Manager Salary
(60 salaries)
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₹4.05 L/yr - ₹8.2 L/yr

Top skills at Fedbank Financial Services for Collection Officer

Fresher Instrumentation Loan against Property Collections Secured Loan Home Loans Interpersonal Skills Relationship Management Home Loans Collections Customer Relationship Communication Skills

Salary related reviews for Fedbank Financial Services

3.9

Rated by 5 employees for salary & benefits

Gold Loan Department

3.0
  •  posted on 29 Mar 2021

4.0
 for  Salary and Benefits

Likes

Salary given was good.

  • Salary - Good

Dislikes

No proper training given. There is designation of RE and CSE is not fair. Bcoz there should be equal importance given to both sales and operations. My Suggestion was to maintain both the roles given to each staff. Then only coordination of the staff can be possible.rating of sales and ops should be same for every staff. This is my humble request to be consider. If it is done means each one can given sales and also avoid operation deviation.

read more
  • Skill development - Poor
  • +1 more

Risk Management & Compliance Department

5.0
  •  posted on 09 Jan 2022

3.0
 for  Salary and Benefits

Likes

Good work environment and culture. Importance given to adhere company values.If any one skilful will get a chance express and explore the things. Top management is very good and it's employee friendly company.

read more
  • Skill development - Excellent
  • +4 more

Dislikes

...be there.But I want take positive thing's . Can't express drastic career growth.Compensation not so great. Some work culture with in our department needs improvement and confusion with department structure is misunderstood and mis utilised...

read more

Full Time

 · 

UX, Design & Architecture Department

5.0
  •  posted on 19 Apr 2022

5.0
 for  Salary and Benefits

Likes

... of experience in their field , while working with them I learnt so many things. Company policies are good and they give good salary hike. Happy to work with them.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is no such thinngs

Legal & Regulatory Department

1.0
  •  posted on 27 Aug 2022

1.0
 for  Salary and Benefits

Likes

You get to learn all the aspects of loan disbursement

  • Skill development - Good

Dislikes

Zero work life balance. Your work is not appreciated with compensation. When you speak to HR about the same they don’t even listen to you neither do they take any actions

read more
  • Salary - Bad
  • +4 more

Other Department

4.0
  •  posted on 26 Sep 2018

1.0
 for  Salary and Benefits

Likes

There is no Training,job security there is no problem,career no growth,salary is in time is good no appraisals, no travel expenses,politics is very important too much politics,no leraning only working, work environments is good

read more
  • Skill development - Excellent
  • +2 more

Dislikes

No career

  • Salary - Bad
  • +2 more
see more salary related reviews

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Fedbank Financial Services Collection Officer Salary FAQs

What is the salary of Collection Officer at Fedbank Financial Services ?
The average salary of a Collection Officer at Fedbank Financial Services in India typically ranges from ₹2.5 Lakhs to ₹3.4 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of Collection Officer at Fedbank Financial Services earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Collection Officer Salaries at Fedbank 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 6 Fedbank Financial Services employees in India.
What is the estimated take home salary of a Collection Officer at Fedbank Financial Services in India?
The estimated take-home salary of a Collection Officer at Fedbank Financial Services in India typically ranges from ₹24,488 to ₹25,934 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.4 Lakhs per year for employees with experience ranging from 4 years to 11 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 6 salaries received from various employees of Fedbank Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Collection Officer at Fedbank Financial Services ?
To be a Collection Officer at Fedbank Financial Services in india, the key skills required include:

  • - Fresher Instrumentation
  • - Loan against Property
  • - Collections
  • - Secured Loan
  • - Home Loans

These skills are highly valued at Fedbank Financial Services and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Fedbank Financial Services for Collection Officer in India?
Ugro Capital ₹2.8 Lakhs to ₹4.5 Lakhs per year
InCred Finance ₹3.0 Lakhs to ₹3.7 Lakhs per year

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

Tata Capital Housing Finance ₹2.8 Lakhs to ₹3.5 Lakhs per year
Kinara Capital ₹2.3 Lakhs to ₹3.9 Lakhs per year
SBFC Finance ₹2.2 Lakhs to ₹3.6 Lakhs per year
Shubham Housing Development Finance ₹1.8 Lakhs to ₹3.8 Lakhs per year
Finova Capital ₹2.7 Lakhs to ₹2.9 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 Fedbank Financial Services in India?
The salary growth for a Collection Officer at Fedbank Financial Services depends on factors such as experience, performance, and promotions. On average, a Collection Officer can expect the following growth trajectory at Fedbank Financial Services:

Experience Average Salary Range
4 years ₹2.5 Lakhs to ₹5.7 Lakhs per year
5 years ₹2.5 Lakhs to ₹5.8 Lakhs per year
6 years ₹3.0 Lakhs to ₹3.8 Lakhs per year
7 years ₹3.0 Lakhs to ₹3.8 Lakhs per year
and so on.

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Fedbank Financial Services Collection Officer salary in India ranges between ₹2.5 Lakhs to ₹3.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Fedbank Financial Services latest salaries received from various employees of Fedbank Financial Services.