Fortune Financial Services Collections Manager Salaries by 4 Employees (Updated 2024)

6 - 11 years exp.

₹3.1 Lakhs - ₹3.8 Lakhs

Low Confidence

Salary of majority employees

37% less than the average Collections Manager Salary in Investment Banking / Venture Capital / Private Equity Companies for 6 - 11 years of experience

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Last Updated: 18 Nov 2024

Companies similar to Fortune Financial Services for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Collections Manager Salary 0 - 10 years exp. (265 salaries)	₹1.3 L/yr - ₹7.5 L/yr 30% more
HDFC Bank Collections Manager Salary 0 - 18 years exp. (747 salaries)	₹2 L/yr - ₹11 L/yr 87% more	1 job opening
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ICICI Bank Collections Manager Salary 3 - 15 years exp. (330 salaries)	₹2.5 L/yr - ₹12 L/yr 111% more
Kotak Mahindra Bank Collections Manager Salary 3 - 15 years exp. (292 salaries)	₹2 L/yr - ₹9.8 L/yr 78% more
Axis Bank Collections Manager Salary 4 - 14 years exp. (293 salaries)	₹2.6 L/yr - ₹12.4 L/yr 109% more
Aditya Birla Capital Collections Manager Salary 4 - 13 years exp. (66 salaries)	₹3.1 L/yr - ₹10.6 L/yr 94% more
Reliance Capital Collections Manager Salary 5 - 11 years exp. (6 salaries)	₹4.5 L/yr - ₹6.6 L/yr 49% more
L&T Finance Collections Manager Salary 4 - 12 years exp. (171 salaries)	₹2.4 L/yr - ₹9.8 L/yr 77% more
Mahindra Finance Collections Manager Salary 2 - 10 years exp. (79 salaries)	₹1.5 L/yr - ₹5.5 L/yr 15% more
Tata Capital Collections Manager Salary 3 - 12 years exp. (281 salaries)	₹2.5 L/yr - ₹10.8 L/yr 79% more	18 job openings
Muthoot Homefin India Collections Manager Salary 3 - 9 years exp. (7 salaries)	₹3.6 L/yr - ₹7 L/yr 37% more
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Belstar Investment and Finance Collections Manager Salary 7 - 13 years exp. (5 salaries)	₹4 L/yr - ₹4.7 L/yr 21% more
Cholamandalam Securities Collections Manager Salary 5 - 7 years exp. (3 salaries)	₹3.9 L/yr - ₹4.6 L/yr 20% more

Collections Manager salary at Fortune Financial Services ranges between ₹3.1 Lakhs to ₹3.8 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Fortune Financial Services.

Experience wise Fortune Financial Services Collections Manager salaries

Last Updated: 18 Nov 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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11 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

Similar Designation salaries in Fortune Financial Services

Collection Officer Salary

(6 salaries)

₹1.8 L/yr - ₹3.15 L/yr

Area Collection Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Branch Manager Salary

(5 salaries)

₹2.45 L/yr - ₹3.6 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Salary related reviews for Fortune Financial Services

Credit Manager in Trichirappalli

BFSI, Investments & Trading Department

5.0

• posted on 17 Aug 2021

4.0

for Salary and Benefits

Likes

Vechile loan collection, seized vechile bending collection, vechile seizing.6 executive control with my self.

Dislikes

There is no head weight.the executive I talk in very friendly.so executive are very sincerely do the works.

Assistant Branch Manager in Ongole

Finance & Accounting Department

5.0

• posted on 04 May 2018

5.0

for Salary and Benefits

Likes

I like for working with fortune, because here having the mainly maintain the professionalality ways, having the friendly nature, taking care, amazing motivation, training

Dislikes

Dislike is not correct, because now a days competition is very high and this way pressure also high on employee & same thing work life not balanced. Other than every thing is amazing skills

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Fortune Financial Services Collections Manager Salary FAQs

What is the salary of Collections Manager at Fortune Financial Services?

Collections Manager salary at Fortune Financial Services in India ranges between ₹3.1 Lakhs to ₹3.8 Lakhs for experience between 6 years to 11 years. According to our estimates it is 37% less than the average Collections Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Fortune Financial Services India.

How does the salary of a Collections Manager at Fortune Financial Services India compare with the average salary range for this job?

The average salary of a Collections Manager at Fortune Financial Services is 37% less than the average salary of a Collections Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Fortune Financial Services to a Collections Manager in India?

ICICI Bank Collections Manager Salary - ₹2.5 Lakhs to ₹12.0 Lakhs per year
Axis Bank Collections Manager Salary - ₹2.6 Lakhs to ₹12.4 Lakhs per year
Aditya Birla Capital Collections Manager Salary - ₹3.1 Lakhs to ₹10.6 Lakhs per year
HDFC Bank Collections Manager Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year
Tata Capital Collections Manager Salary - ₹2.5 Lakhs to ₹10.8 Lakhs per year

What is the salary of a Collections Manager in companies similar to Fortune Financial Services in India?

Kotak Mahindra Bank Collections Manager Salary - ₹2.0 Lakhs to ₹9.8 Lakhs per year
L&T Finance Collections Manager Salary - ₹2.4 Lakhs to ₹9.8 Lakhs per year
Reliance Capital Collections Manager Salary - ₹4.5 Lakhs to ₹6.6 Lakhs per year
Muthoot Homefin India Collections Manager Salary - ₹3.6 Lakhs to ₹7.0 Lakhs per year
Bajaj Finance Collections Manager Salary - ₹1.3 Lakhs to ₹7.5 Lakhs per year

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

The estimated take-home salary of a Collections Manager at Fortune Financial Services ranges between ₹25,113 per month to ₹26,550 per month in India. The take-home salary calculation is based on the average Fortune Financial Services Collections Manager salary in India which ranges between ₹3.1 Lakhs to ₹3.8 Lakhs per year for employees with experience between 6 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Collections Manager at Fortune Financial Services?

According to AmbitionBox, 100% of the Fortune Financial Services Collections Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Fortune Financial Services Collections Manager Salaries

Fortune Financial Services Collections Manager salary in India ranges between ₹3.1 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Fortune Financial Services latest salaries received from various employees of Fortune Financial Services.