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

0 - 6 years exp.

₹1.2 Lakh - ₹3.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

20% less than the average Collection Officer Salary in NBFC Companies for 0 - 6 years of experience

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Salaries in different departments

Finance & Accounting Collection Officer Salary 1 - 4 years exp. (10 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 - 5 years exp. (3 salaries)	₹1.9 L/yr - ₹3 L/yr

Last Updated: 16 Mar 2025

Companies similar to HDB Financial Services for Collection Officer in Chennai

HDB Financial Services Collection Officer Salary

0 - 6 years exp. (30 salaries)

₹1.2 L/yr - ₹3.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Collection Officer Salary 0 - 6 years exp. (9 salaries)	₹1.8 L/yr - ₹5.6 L/yr 71% more
Shriram Finance Collection Officer Salary 2 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 52% more
Login to view exact salary
SMFG India Credit Collection Officer Salary 4 - 7 years exp. (4 salaries)	₹1.5 L/yr - ₹3.7 L/yr 47% more
Muthoot Microfin Collection Officer Salary 1 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹2.6 L/yr 10% more
TVS Credit Collection Officer Salary 5 - 7 years exp. (3 salaries)	₹3 L/yr - ₹4.6 L/yr 90% more
Annapurna Finance Collection Officer Salary 4 - 8 years exp. (3 salaries)	₹3 L/yr - ₹3.6 L/yr 47% more

Collection Officer salary at HDB Financial Services ranges between ₹1.2 Lakh to ₹3.8 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 30 latest salaries received from various employees of HDB Financial Services.

Latest annual salaries shared by HDB Financial Services Collection Officer in Chennai

2w ago

₹1.5 Lakh

3 years exp.

1mo ago

₹2 Lakhs

3 years exp.

2mo ago

₹2 Lakhs

1 year exp.

2mo ago

₹1.6 Lakh

2 years exp.

6mo ago

₹3.8 Lakhs

4 years exp.

6mo ago

5 years exp.

9mo ago

3 years exp.

10mo ago

5 years exp.

1y ago

4 years exp.

2y ago

1 year exp.

Experience wise HDB Financial Services Collection Officer salaries in Chennai

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
1 year (6 salaries)	₹1.2 L/yr - ₹2.1 L/yr
Login to view exact salary
2 years (5 salaries)	₹1.5 L/yr - ₹2.2 L/yr
3 years (8 salaries)	₹1.2 L/yr - ₹2.1 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)	₹2.1 L/yr - ₹2.7 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.

33% hike

Collections Manager

2 - 17 years exp.

99% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDB Financial Services

Officer Salary

(232 salaries)

₹1.4 L/yr - ₹5 L/yr

Sales Officer Salary

(210 salaries)

₹0.95 L/yr - ₹4 L/yr

Relationship Officer Salary

(94 salaries)

₹1.15 L/yr - ₹4 L/yr

Senior Collection Officer Salary

(8 salaries)

₹1.2 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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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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HDB Financial Services Collection Officer Salary FAQs

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

The average salary of a Collection Officer at HDB Financial Services in Chennai typically ranges from ₹1.2 Lakhs to ₹3.8 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Collection Officer in Chennai at HDB Financial Services earn more than ₹2.7 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Collection Officer 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 30+ HDB Financial Services employees in India.

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 in Chennai typically ranges from ₹15,010 to ₹16,579 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from Fresher to 6 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 30+ salaries received from various employees of HDB 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 HDB Financial Services in Chennai?

To be a Collection Officer at HDB Financial Services in Chennai, the key skills required include:

- Finance
- Collections
- Collections
- Loan Recovery
- Financial Services

These skills are highly valued at HDB Financial Services and are crucial for successful performance in a Software Engineering role.

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

TVS Credit	₹3.0 Lakhs to ₹4.6 Lakhs per year
Bajaj Finance	₹1.8 Lakhs to ₹5.6 Lakhs per year
Shriram Finance	₹2.5 Lakhs to ₹3.5 Lakhs per year
Annapurna Finance	₹3.0 Lakhs to ₹3.6 Lakhs per year
SMFG India Credit	₹1.5 Lakhs to ₹3.7 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 Collection Officer in companies similar to HDB Financial Services in Chennai?

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

Muthoot Microfin

₹2.4 Lakhs to ₹2.6 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 HDB Financial Services in Chennai?

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

Experience	Average Salary Range
Fresher	₹1.6 Lakhs to ₹2.1 Lakhs per year
1 year	₹1.2 Lakhs to ₹2.1 Lakhs per year
2 years	₹1.5 Lakhs to ₹2.2 Lakhs per year
3 years	₹1.2 Lakhs to ₹2.1 Lakhs per year

and so on.

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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 ₹3.8 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.