HDB Financial Services Cluster Collection Manager Salaries by 5 Employees (Updated 2025)

12 - 15 years exp.

₹6.3 Lakhs - ₹8.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

22% less than the average Cluster Collection Manager Salary in NBFC Companies for 12 - 15 years of experience

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Last Updated: 24 Feb 2025

Companies similar to HDB Financial Services for Cluster Collection Manager

Company name	Avg Annual Salary	Open Jobs
Hero FinCorp Cluster Collection Manager Salary 12 - 20 years exp. (39 salaries)	₹8.4 L/yr - ₹17 L/yr 76% more
SMFG India Credit Cluster Collection Manager Salary 7 - 18 years exp. (30 salaries)	₹5.7 L/yr - ₹16 L/yr 42% more	2 job openings
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Bharat Financial Inclusion Cluster Collection Manager Salary 4 - 15 years exp. (8 salaries)	₹5 L/yr - ₹6 L/yr 23% less
Annapurna Finance Cluster Collection Manager Salary 8 - 18 years exp. (7 salaries)	₹2.6 L/yr - ₹9.4 L/yr 4% less
Manappuram Finance Cluster Collection Manager Salary 12 - 19 years exp. (5 salaries)	₹7 L/yr - ₹8.5 L/yr 1% more
Bajaj Housing Finance Cluster Collection Manager Salary 16 - 17 years exp. (4 salaries)	₹13 L/yr - ₹22 L/yr 137% more
Shubham Housing Development Finance Cluster Collection Manager Salary 5 - 11 years exp. (3 salaries)	₹4.1 L/yr - ₹6.5 L/yr 26% less
Muthoot Fincorp Cluster Collection Manager Salary 13 - 14 years exp. (3 salaries)	₹6.5 L/yr - ₹9.8 L/yr 20% more

Cluster Collection Manager salary at HDB Financial Services ranges between ₹6.3 Lakhs to ₹8.3 Lakhs per year for employees with experience between 12 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Cluster Collection Manager salaries

Last Updated: 24 Feb 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
13 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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14 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
15+ years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr

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Salary related reviews for HDB Financial Services

2.4

Rated by 2 employees for salary & benefits

Branch Operation Executive in Ahmedabad

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 07 Feb 2025

2.0

for Salary and Benefits

Likes

Few things like skill development

Dislikes

Work life balance very bad,salary is lowest, mentality is rigid,to much manual work, companies policy is not at all on single road,always fear to work specially in operations department

Salary - Poor

+2 more

Branch Operation Executive in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 18 Jan 2025

2.0

for Salary and Benefits

Likes

Work timings and knowledge .

Skill development - Excellent

+4 more

Dislikes

Salary is waste waste and promotions also waste. If anyone join this first of all think u r a animal. Salary and respect both are waste. So, I recommend to anyone no need to join this company

Salary - Poor

+1 more

Credit Relationship Manager in Ankleshwar

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 24 Oct 2024

2.0

for Salary and Benefits

Likes

Learning Purposes it is goood but not good life long time.

Skill development - Good

Dislikes

Everything 1 Salary structure 2 Leave not giving which is considered as Leave on system but if they mail " Tomorrow is normal working day " u must come to branch, Shame thing to work with them.

Salary - Poor

+4 more

Collections Manager in New Delhi

Full Time

Finance & Accounting Department

1.0

• posted on 16 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

...ets and expectations. No proper alignment or policy of increment and promotions. They provide you way less compensation and expects to work all the days of month starting at 7 in the morning and ending at 10-11 at night (during the last days of month at times employee walks out of company at 2:00 or 3:00 in the morning).

Salary - Poor

+6 more

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 18 Jun 2024

4.0

for Salary and Benefits

Likes

They give you salary on time and infrastructure is good.

Salary - Good

+1 more

Dislikes

People are very rude .they will torture you until you left the company and manager are very unethical they don't know how to talk to their employees.

Skill development - Poor

+2 more

see more salary related reviews

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What people are saying about HDB Financial Services

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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HDB Financial Services Cluster Collection Manager Salary FAQs

What is the salary of Cluster Collection Manager at HDB Financial Services ?

The average salary of a Cluster Collection Manager at HDB Financial Services in India typically ranges from ₹6.3 Lakhs to ₹8.3 Lakhs per year, depending on experience (from 12 years to 15 years).

The top 10% of Cluster Collection Manager at HDB Financial Services earn more than ₹8.3 Lakhs per year, and the top 1% earn over ₹8.3 Lakhs per year. Cluster Collection Manager Salaries at HDB 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 5 HDB Financial Services employees in India.

What is the estimated take home salary of a Cluster Collection Manager at HDB Financial Services in India?

The estimated take-home salary of a Cluster Collection Manager at HDB Financial Services in India typically ranges from ₹53,938 to ₹55,284 per month. This is based on the average salary range of ₹6.3 Lakhs to ₹8.3 Lakhs per year for employees with experience ranging from 12 years to 15 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 HDB Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDB Financial Services for Cluster Collection Manager in India?

Bajaj Housing Finance	₹13.0 Lakhs to ₹22.0 Lakhs per year
Hero FinCorp	₹8.4 Lakhs to ₹17.0 Lakhs per year
SMFG India Credit	₹5.7 Lakhs to ₹16.0 Lakhs per year
Muthoot Fincorp	₹6.5 Lakhs to ₹9.8 Lakhs per year
Manappuram Finance	₹7.0 Lakhs to ₹8.5 Lakhs per year

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

What is the salary of a Cluster Collection Manager in companies similar to HDB Financial Services in India?

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

Annapurna Finance	₹2.6 Lakhs to ₹9.4 Lakhs per year
Bharat Financial Inclusion	₹5.0 Lakhs to ₹6.0 Lakhs per year
Shubham Housing Development Finance	₹4.1 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 Cluster Collection Manager at HDB Financial Services in India?

The salary growth for a Cluster Collection Manager at HDB Financial Services depends on factors such as experience, performance, and promotions. On average, a Cluster Collection Manager can expect the following growth trajectory at HDB Financial Services:

Experience	Average Salary Range
12 years	₹6.4 Lakhs to ₹8.2 Lakhs per year
13 years	₹6.5 Lakhs to ₹8.3 Lakhs per year
14 years	₹6.5 Lakhs to ₹8.3 Lakhs per year
15 years	₹6.7 Lakhs to ₹8.5 Lakhs per year

and so on.

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HDB Financial Services Cluster Collection Manager Salaries

HDB Financial Services Cluster Collection Manager salary in India ranges between ₹6.3 Lakhs to ₹8.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDB Financial Services latest salaries received from various employees of HDB Financial Services.