HDB Financial Services Chennai Collection Officer Salaries by 30+ Employees (Updated 2025)

0 - 7 years exp.

₹1.2 Lakh - ₹4.5 Lakhs

Salary of majority employees

16% less than the average Collection Officer Salary in NBFC Companies for 0 - 7 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Finance & Accounting Collection Officer Salary 1 - 4 years exp. (9 salaries)	₹1.2 L/yr - ₹3.8 L/yr
BFSI, Investments & Trading Collection Officer Salary 1 - 6 years exp. (6 salaries)	₹1.5 L/yr - ₹3 L/yr
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Customer Success, Service & Operations Collection Officer Salary 4 - 7 years exp. (4 salaries)	₹2 L/yr - ₹4.5 L/yr

Last Updated: 8 Feb 2025

Companies similar to HDB Financial Services for Collection Officer in Chennai

HDB Financial Services Collection Officer Salary

0 - 7 years exp. (30 salaries)

₹1.2 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collection Officer Salary 0 - 6 years exp. (28 salaries)	₹1.5 L/yr - ₹4 L/yr 22% more
IndusInd Bank Collection Officer Salary 1 - 8 years exp. (6 salaries)	₹2 L/yr - ₹3.2 L/yr 13% more
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IDFC FIRST Bank Collection Officer Salary 1 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹3 L/yr 27% more
Standard Chartered Collection Officer Salary 1 - 5 years exp. (15 salaries)	₹2.6 L/yr - ₹4.2 L/yr 58% more
Bajaj Finance Collection Officer Salary 0 - 6 years exp. (9 salaries)	₹1.8 L/yr - ₹5.6 L/yr 63% more
Edelweiss Collection Officer Salary 3 - 8 years exp. (4 salaries)	₹2.5 L/yr - ₹3.3 L/yr 21% more
Shriram Finance Collection Officer Salary 2 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 38% more
TVS Credit Collection Officer Salary 5 - 7 years exp. (3 salaries)	₹2.8 L/yr - ₹4.6 L/yr 25% more
Annapurna Finance Collection Officer Salary 4 - 8 years exp. (3 salaries)	₹3 L/yr - ₹3.6 L/yr 40% more
SMFG India Credit Collection Officer Salary 4 - 5 years exp. (3 salaries)	₹1.5 L/yr - ₹3.7 L/yr 37% more

Collection Officer salary at HDB Financial Services ranges between ₹1.2 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 30 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Collection Officer salaries in Chennai

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.9 L/yr - ₹2 L/yr
1 year (6 salaries)	₹1.2 L/yr - ₹2.1 L/yr
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2 years (5 salaries)	₹1.5 L/yr - ₹2.2 L/yr
3 years (7 salaries)	₹1.2 L/yr - ₹4 L/yr
4 years (4 salaries)	₹1.2 L/yr - ₹3.8 L/yr
5 years (3 salaries)	₹1.8 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹3 L/yr
7 years (AmbitionBox Estimate)	₹1 L/yr - ₹4.5 L/yr

View all

From

Collection Officer

₹

Lakhs/yr

0 - 8 years exp.

Zonal Collection Manager

₹

Lakhs/yr

13 - 22 years exp.

Collection Officer 0 - 8 years exp.

Collection Associate 0 - 12 years exp.

31% hike

Collections Manager 2 - 17 years exp.

96% hike

Similar Designation salaries in HDB Financial Services

Officer Salary

(231 salaries)

₹1.4 L/yr - ₹4.65 L/yr

Sales Officer Salary

(210 salaries)

₹0.95 L/yr - ₹4 L/yr

Relationship Officer Salary

(93 salaries)

₹1.15 L/yr - ₹4 L/yr

Collections Manager Salary

(21 salaries)

₹2.75 L/yr - ₹9 L/yr

Senior Collection Officer Salary

(7 salaries)

₹1.5 L/yr - ₹4 L/yr

Area Collection Manager Salary

(5 salaries)

₹8.5 L/yr - ₹15.6 L/yr

Top skills at HDB Financial Services for Collection Officer

Finance Collections Collections Loan Recovery Financial Services Debt Recovery Recovery Finance Field Collections Debt Collection Debt Management Financial Services Recovery Payment Collection Agency Management

Salary related reviews for HDB Financial Services

2.6

Rated by 6 employees for salary & benefits

Collection Officer in Chennai

Collection Department

5.0

• posted on 09 Jul 2021

1.0

for Salary and Benefits

Likes

Nice place to working. Nice infrastructure and facilities. Pressure less job. Good staffs, staffs behavior like friends.Good freedom. No much restrictions. Good and safe.

Job security - Good

+1 more

Dislikes

Salary is low . Can't learn much things. If you want to work freely, you don't have any money problem and family commitment and you don't need to learn anything, you can start the carrier with this organization . If you have lots of money problem and if u like to improve your skils , you will go away from here . This job is better for BBA freshers.BBA freshers are much suitable for this one.

Salary - Bad

+3 more

Collection Officer in Kolkata

Full Time

Finance & Accounting Department

4.0

• posted on 05 Sep 2023

4.0

for Salary and Benefits

Likes

Get salary on time HR and higher authorities are good! Some TL's are very bad they do partiality on data stamping but another hand some are too good now depends on luck under whome we will handover.

Salary - Good

+2 more

Dislikes

Some TL's are very disappointing. They do partiality in data stamping to Telle callers due this TC's don't get their full ar desering incentive.

Collection Officer in Kolkata

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 14 Aug 2023

4.0

for Salary and Benefits

Likes

Our hdb finance company is good .. not delay for salary on time credit in account or salary is good with incentive

Salary - Good

+1 more

Dislikes

Hdb's senior employee is very bad and do missbehave.... so I'm not satisfied from our Kolkata hdb senior employee like supervisor team manager .....

Work satisfaction - Poor

+1 more

Collection Officer in Hyderabad / Secunderabad

Full Time

Risk Management & Compliance Department

1.0

• posted on 23 Feb 2023

1.0

for Salary and Benefits

Likes

Wrost company first they will give fake commitments regarding the salary and appraisals aftet completing one year no apprasials whether you are topping the business .timings wrost team leaders will misbehave with callers use the words like f---k

Dislikes

Team leaders will do partiallity and use non professional languages . Regarding salary they will example of a tea stall (its better to open a tea stall either working in hdb Office time 8.30am to 7pm

Salary - Bad

+6 more

Collection Officer in Mira Road

Full Time

Other Department

3.0

• posted on 17 Feb 2023

3.0

for Salary and Benefits

Likes

Give salary in time and any emergency that time talk to branch manager and they give leave branch manager is always supporting

Work satisfaction - Good

+1 more

Dislikes

Listen to the managers, just can't listen to your problem, just work, you won't get traveling in salary.

Job security - Poor

+2 more

see more salary related reviews

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HDB Financial Services Collection Officer Salary FAQs

What is the salary of Collection Officer at HDB Financial Services Chennai?

Collection Officer salary at HDB Financial Services in Chennai ranges between ₹1.2 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 16% less than the average Collection Officer Salary in India. Salary estimates are based on 30 latest salaries received from various employees of HDB Financial Services Chennai.

How does the salary of a Collection Officer at HDB Financial Services Chennai compare with the average salary range for this job?

The average salary of a Collection Officer at HDB Financial Services is 16% less than the average salary of a Collection Officer in Chennai. To know exact salary insights, login to view.

What are the top skills required to work as a Collection Officer at HDB Financial Services?

Finance, Collections, Collections, Loan Recovery and Financial Services are some of the popular skills required to work as a Collection Officer at HDB Financial Services Chennai.

Which similar companies are paying more than HDB Financial Services to a Collection Officer in Chennai?

Bajaj Finance Collection Officer Salary - ₹1.8 Lakhs to ₹5.6 Lakhs per year
Standard Chartered Collection Officer Salary - ₹2.6 Lakhs to ₹4.2 Lakhs per year
Annapurna Finance Collection Officer Salary - ₹3.0 Lakhs to ₹3.6 Lakhs per year
Shriram Finance Collection Officer Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year
SMFG India Credit Collection Officer Salary - ₹1.5 Lakhs to ₹3.7 Lakhs per year

What is the salary of a Collection Officer in companies similar to HDB Financial Services in Chennai?

IDFC FIRST Bank Collection Officer Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
TVS Credit Collection Officer Salary - ₹2.8 Lakhs to ₹4.6 Lakhs per year
HDFC Bank Collection Officer Salary - ₹1.5 Lakhs to ₹4.0 Lakhs per year
Edelweiss Collection Officer Salary - ₹2.5 Lakhs to ₹3.3 Lakhs per year
IndusInd Bank Collection Officer Salary - ₹2.0 Lakhs to ₹3.2 Lakhs per year

What is the estimated take home salary of a Collection Officer at HDB Financial Services in Chennai?

The estimated take-home salary of a Collection Officer at HDB Financial Services ranges between ₹15,848 per month to ₹17,489 per month in Chennai. The take-home salary calculation is based on the average HDB Financial Services Collection Officer salary in India which ranges between ₹1.2 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

What is the notice period for Collection Officer at HDB Financial Services in Chennai?

According to AmbitionBox, 64% of the HDB Financial Services Collection Officers in Chennai reported a notice period of 1 Month, 22% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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HDB Financial Services Collection Officer Salaries in Chennai

HDB Financial Services Collection Officer salary in Chennai ranges between ₹1.2 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 HDB Financial Services latest salaries received from various employees of HDB Financial Services.