HDB Financial Services Mumbai Collection Officer Salaries by 100+ Employees (Updated 2025)

0 - 8 years exp.

₹1 Lakh - ₹4.5 Lakhs

Salary of majority employees

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9% less than the average Collection Officer Salary in NBFC Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collection Officer Salary 0 - 7 years exp. (29 salaries)	Unlock ₹1 L/yr - ₹4 L/yr
Finance & Accounting Collection Officer Salary 0 - 8 years exp. (21 salaries)	Unlock ₹1.5 L/yr - ₹4.5 L/yr
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Customer Success, Service & Operations Collection Officer Salary 0 - 5 years exp. (14 salaries)	Unlock ₹1.8 L/yr - ₹4 L/yr
Sales & Business Development Collection Officer Salary 1 - 7 years exp. (5 salaries)	Unlock ₹2.2 L/yr - ₹2.5 L/yr

Last Updated: 8 Mar 2025

Companies similar to HDB Financial Services for Collection Officer in Mumbai

HDB Financial Services Collection Officer Salary

0 - 8 years exp. (117 salaries)

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₹1 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collection Officer Salary 0 - 7 years exp. (41 salaries)	Unlock ₹1.5 L/yr - ₹3.5 L/yr 7% more
Kotak Mahindra Bank Collection Officer Salary 3 - 5 years exp. (6 salaries)	Unlock ₹2 L/yr - ₹3.7 L/yr 11% more
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Sammaan Capital Limited Collection Officer Salary 1 - 8 years exp. (22 salaries)	Unlock ₹2 L/yr - ₹3.6 L/yr 12% more
Bajaj Finance Collection Officer Salary 0 - 8 years exp. (15 salaries)	Unlock ₹1.5 L/yr - ₹5.1 L/yr 51% more
L&T Finance Collection Officer Salary 1 - 6 years exp. (13 salaries)	Unlock ₹1.5 L/yr - ₹3.8 L/yr 4% more
SMFG India Credit Collection Officer Salary 3 - 6 years exp. (12 salaries)	Unlock ₹2 L/yr - ₹4 L/yr 28% more
IIFL Finance Collection Officer Salary 1 - 10 years exp. (7 salaries)	Unlock ₹2.2 L/yr - ₹4 L/yr 32% more
Shriram Finance Collection Officer Salary 3 - 8 years exp. (5 salaries)	Unlock ₹2.2 L/yr - ₹3.5 L/yr 23% more
Shubham Housing Development Finance Collection Officer Salary 3 - 5 years exp. (4 salaries)	Unlock ₹2.9 L/yr - ₹3.1 L/yr 20% more
Satin Creditcare Network Collection Officer Salary 2 - 6 years exp. (4 salaries)	Unlock ₹2.5 L/yr - ₹3.5 L/yr 17% more
Mahindra Finance Collection Officer Salary 1 - 6 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹3.5 L/yr 24% more
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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 117 latest salaries received from various employees of HDB Financial Services.

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

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1 year exp.

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1 year exp.

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8 years exp.

2mo ago

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3 years exp.

2mo ago

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3 years exp.

3mo ago

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3 years exp.

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5 months exp.

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3 years exp.

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5 months exp.

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5 years exp.

Experience wise HDB Financial Services Collection Officer salaries in Mumbai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
Fresher (14 salaries)	Unlock ₹1.1 L/yr - ₹2.5 L/yr
1 year (20 salaries)	Unlock ₹1 L/yr - ₹3 L/yr
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2 years (33 salaries)	Unlock ₹1.4 L/yr - ₹3 L/yr
3 years (20 salaries)	Unlock ₹1.1 L/yr - ₹4 L/yr
4 years (12 salaries)	Unlock ₹1.7 L/yr - ₹4 L/yr
5 years (11 salaries)	Unlock ₹1.8 L/yr - ₹4 L/yr
6 years (4 salaries)	Unlock ₹2 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹4 L/yr

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From

Collection Officer

₹

Lakhs/yr

0 - 8 years exp.

Zonal Collection Manager

₹

Lakhs/yr

13 - 22 years exp.

Collection Officer

0 - 8 years exp.

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Collection Associate

0 - 12 years exp.

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30% hike

Collections Manager

2 - 17 years exp.

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96% 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

Sales Officer Salary

(144 salaries)

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₹1 L/yr - ₹5 L/yr

Relationship Officer Salary

(98 salaries)

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₹1.3 L/yr - ₹3.5 L/yr

Officer Salary

(98 salaries)

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₹1.5 L/yr - ₹5.24 L/yr

Collection Associate Salary

(52 salaries)

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₹2.05 L/yr - ₹4.2 L/yr

Collections Manager Salary

(26 salaries)

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₹3.5 L/yr - ₹8 L/yr

Senior Collection Officer Salary

(16 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

Area Collection Manager Salary

(10 salaries)

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₹10 L/yr - ₹17.15 L/yr

Recovery Officer Salary

(9 salaries)

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₹1.4 L/yr - ₹2.4 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

3.8

Rated by 12 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.

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

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

Job security - Good

+1 more

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.

Salary - Bad

+4 more

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What people are saying about HDB Financial Services

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a credit manager

Rat Race 9 to 5 Really?

Bhai kon kehta he ki rate race me job 9 to 5 ki hoti he? Kabhi NBFC company me aake dekho..... Yaha job 9 to 9 ki hoti he!... Regards, A Credit Manager At Upper layer NBFC Company

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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 9% less than the average Collection Officer Salary in India. Salary estimates are based on 117 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 9% 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, Loan Recovery and Financial Services 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
IIFL Finance Collection Officer Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year
SMFG India Credit Collection Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
Mahindra Finance Collection Officer Salary - ₹3.0 Lakhs to ₹3.5 Lakhs per year
Shriram Finance Collection Officer Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year

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

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
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

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 ₹16,996 per month to ₹18,704 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, 59% of the HDB Financial Services Collection Officers in Mumbai reported a notice period of 1 Month, 23% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 39 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 117 HDB Financial Services latest salaries received from various employees of HDB Financial Services.

HDB Financial Services Collection Officer salaries in Mumbai (Updated 2025)

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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