HDB Financial Services Mumbai Collection Officer Salaries by 100+ Employees (Updated 2024)

0 - 8 years exp.

₹1 Lakh - ₹4.5 Lakhs

Salary of majority employees

10% less than the average Collection Officer Salary in NBFC Companies for 0 - 8 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

BFSI, Investments & Trading Collection Officer Salary 0 - 7 years exp. (29 salaries)	₹1.1 L/yr - ₹4 L/yr
Finance & Accounting Collection Officer Salary 0 - 8 years exp. (21 salaries)	₹1.5 L/yr - ₹4.5 L/yr
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Customer Success, Service & Operations Collection Officer Salary 0 - 5 years exp. (10 salaries)	₹1.8 L/yr - ₹4 L/yr
Sales & Business Development Collection Officer Salary 1 - 7 years exp. (5 salaries)	₹2.2 L/yr - ₹2.5 L/yr

Last Updated: 13 Dec 2024

Companies similar to HDB Financial Services for Collection Officer in Mumbai

HDB Financial Services Collection Officer Salary

0 - 8 years exp. (115 salaries)

₹1 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collection Officer Salary 0 - 7 years exp. (37 salaries)	₹1.5 L/yr - ₹3.5 L/yr 7% more
Kotak Mahindra Bank Collection Officer Salary 3 - 5 years exp. (6 salaries)	₹2 L/yr - ₹3.7 L/yr 11% more
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Sammaan Capital Limited Collection Officer Salary 0 - 9 years exp. (27 salaries)	₹2 L/yr - ₹3.6 L/yr 12% more
Bajaj Finance Collection Officer Salary 0 - 8 years exp. (17 salaries)	₹1.5 L/yr - ₹5.1 L/yr 51% more
L&T Finance Collection Officer Salary 1 - 6 years exp. (16 salaries)	₹1.5 L/yr - ₹3.8 L/yr 6% more
SMFG India Credit Collection Officer Salary 3 - 6 years exp. (12 salaries)	₹2 L/yr - ₹4 L/yr 37% more
IIFL Finance Collection Officer Salary 2 - 6 years exp. (6 salaries)	₹1.8 L/yr - ₹3.5 L/yr 17% more
Shubham Housing Development Finance Collection Officer Salary 3 - 5 years exp. (4 salaries)	₹2.9 L/yr - ₹3.1 L/yr 22% more
Satin Creditcare Network Collection Officer Salary 2 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 19% more
Shriram Finance Collection Officer Salary 3 - 6 years exp. (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr 25% more

Collection Officer salary at HDB Financial Services ranges between ₹1 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 115 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Collection Officer salaries in Mumbai

Last Updated: 13 Dec 2024

Experience	Avg Annual Salary
Fresher (14 salaries)	₹1.1 L/yr - ₹2.5 L/yr
1 year (18 salaries)	₹1 L/yr - ₹3 L/yr
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2 years (35 salaries)	₹1.4 L/yr - ₹3 L/yr
3 years (19 salaries)	₹1 L/yr - ₹4 L/yr
4 years (11 salaries)	₹1.7 L/yr - ₹4 L/yr
5 years (11 salaries)	₹1.8 L/yr - ₹4 L/yr
6 years (4 salaries)	₹2 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹4 L/yr

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Similar Designation salaries in HDB Financial Services

Sales Officer Salary

(148 salaries)

₹1 L/yr - ₹5 L/yr

Relationship Officer Salary

(103 salaries)

₹1.3 L/yr - ₹4.2 L/yr

Officer Salary

(92 salaries)

₹1.65 L/yr - ₹4.5 L/yr

Collection Associate Salary

(52 salaries)

₹2.05 L/yr - ₹4.2 L/yr

Collections Manager Salary

(30 salaries)

₹2.2 L/yr - ₹8 L/yr

Senior Collection Officer Salary

(16 salaries)

₹1.15 L/yr - ₹4.5 L/yr

Area Collection Manager Salary

(10 salaries)

₹10 L/yr - ₹17.15 L/yr

Recovery Officer Salary

(10 salaries)

₹1.4 L/yr - ₹2.4 L/yr

Top skills at HDB Financial Services for Collection Officer

Finance Collections Collections Financial Services Recovery Finance Loan Recovery Financial Services Recovery Debt Management Debt Collection Debt Recovery Agency Management Commercial Lending Interviewing

Salary related reviews for HDB Financial Services

4.1

Rated by 11 employees for salary & benefits

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.

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

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 .....

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

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

Dislikes

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

Collection Officer in Miraroad

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 22 Sep 2023

1.0

for Salary and Benefits

Likes

Health work environment

Dislikes

No increment no promotion no opportunity no future. Max salary after working for more then 3years 13k inhand after increment. Always achieved Target still there increment amount max 1k after all deduction 500 increment will show without increment mail.

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Salary Discussions, Hike & Promotions

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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HDB Financial Services Collection Officer Salary FAQs

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

Collection Officer salary at HDB Financial Services in Mumbai ranges between ₹1.0 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 10% less than the average Collection Officer Salary in India. Salary estimates are based on 115 latest salaries received from various employees of HDB Financial Services Mumbai.

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

The average salary of a Collection Officer at HDB Financial Services is 10% less than the average salary of a Collection Officer in Mumbai. 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, Financial Services and Recovery are some of the popular skills required to work as a Collection Officer at HDB Financial Services Mumbai.

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

Bajaj Finance Collection Officer Salary - ₹1.5 Lakhs to ₹5.1 Lakhs per year
SMFG India Credit Collection Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
Shriram Finance Collection Officer Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year
Shubham Housing Development Finance Collection Officer Salary - ₹2.9 Lakhs to ₹3.1 Lakhs per year
Satin Creditcare Network Collection Officer Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year

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

IIFL Finance Collection Officer Salary - ₹1.8 Lakhs to ₹3.5 Lakhs per year
Sammaan Capital Limited Collection Officer Salary - ₹2.0 Lakhs to ₹3.6 Lakhs per year
Kotak Mahindra Bank Collection Officer Salary - ₹2.0 Lakhs to ₹3.7 Lakhs per year
HDFC Bank Collection Officer Salary - ₹1.5 Lakhs to ₹3.5 Lakhs per year
L&T Finance Collection Officer Salary - ₹1.5 Lakhs to ₹3.8 Lakhs per year

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

The estimated take-home salary of a Collection Officer at HDB Financial Services ranges between ₹16,644 per month to ₹18,354 per month in Mumbai. The take-home salary calculation is based on the average HDB Financial Services Collection Officer salary in India which ranges between ₹1.0 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 61% of the HDB Financial Services Collection Officers in Mumbai 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 41 responses on AmbitionBox in last 2 years.

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HDB Financial Services Collection Officer Salaries in Mumbai

HDB Financial Services Collection Officer salary in Mumbai ranges between ₹1 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 115 HDB Financial Services latest salaries received from various employees of HDB Financial Services.

HDB Financial Services Collection Officer salaries in Mumbai

Companies similar to HDB Financial Services for Collection Officer in Mumbai

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

Experience wise HDB Financial Services Collection Officer salaries in Mumbai

Similar Designation salaries in HDB Financial Services

Top skills at HDB Financial Services for Collection Officer

Salary related reviews for HDB Financial Services

Collection Officer in Kolkata

Collection Officer in Kolkata

Collection Officer in Hyderabad / Secunderabad

Collection Officer in Mira Road

Collection Officer in Miraroad

HDB Financial Services Collection Officer Salary FAQs

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