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HDB Financial Services

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4.0

based on 19.9k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HDB Financial Services Collections Manager salaries in Mumbai

Annual salary range
2 - 17 years exp.
₹3.5 Lakhs - ₹8 Lakhs
Salary of majority employees
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15% more than the average Collections Manager Salary in NBFC Companies for 2 - 17 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

BFSI, Investments & Trading
Collections Manager Salary
6 - 17 years exp. (14 salaries)
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₹4.6 L/yr - ₹8 L/yr

Finance & Accounting
Collections Manager Salary
8 - 12 years exp. (4 salaries)
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₹5.1 L/yr - ₹7.3 L/yr

Sales & Business Development
Collections Manager Salary
2 - 7 years exp. (3 salaries)
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₹3.5 L/yr - ₹7.7 L/yr

Customer Success, Service & Operations
Collections Manager Salary
14 years exp. (AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.5 L/yr

Risk Management & Compliance
Collections Manager Salary
15 years exp. (AmbitionBox Estimate)
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₹5.7 L/yr - ₹7 L/yr

Last Updated: 20 Aug 2024

Companies similar to HDB Financial Services for Collections Manager in Mumbai

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HDB Financial Services Collections Manager Salary

2 - 17 years exp. (27 salaries)

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₹3.5 L/yr - ₹8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bajaj Finserv Collections Manager Salary

0 - 9 years exp. (32 salaries)

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₹2.4 L/yr - ₹8.5 L/yr

arrow icon 23% less
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Tata Capital Collections Manager Salary

3 - 12 years exp. (16 salaries)

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₹4 L/yr - ₹9 L/yr

arrow icon 3% less
10 job openings
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HDFC Bank Collections Manager Salary

2 - 18 years exp. (82 salaries)

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₹2.9 L/yr - ₹10.5 L/yr

arrow icon 3% more
3 job openings
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ICICI Bank Collections Manager Salary

3 - 13 years exp. (18 salaries)

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₹4.1 L/yr - ₹11 L/yr

arrow icon 13% more
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Axis Bank Collections Manager Salary

8 - 12 years exp. (7 salaries)

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₹4.4 L/yr - ₹9.2 L/yr

arrow icon 12% more
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Kotak Mahindra Bank Collections Manager Salary

3 - 15 years exp. (37 salaries)

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₹3.1 L/yr - ₹9.2 L/yr

arrow icon 8% less
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Bajaj Finance Collections Manager Salary

0 - 10 years exp. (34 salaries)

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₹1.2 L/yr - ₹8 L/yr

arrow icon 23% less
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L&T Finance Collections Manager Salary

5 - 13 years exp. (13 salaries)

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₹4.5 L/yr - ₹8.5 L/yr

arrow icon 10% less
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₹2.4 L/yr - ₹5.6 L/yr

arrow icon 31% less
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₹3.1 L/yr - ₹10.9 L/yr

At par
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Shriram Finance Collections Manager Salary

5 - 11 years exp. (7 salaries)

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₹3.9 L/yr - ₹4.9 L/yr

arrow icon 38% less
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IIFL Finance Collections Manager Salary

7 - 10 years exp. (6 salaries)

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₹4.4 L/yr - ₹6.5 L/yr

arrow icon 27% less
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₹5.5 L/yr - ₹7.5 L/yr

arrow icon 8% less
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SMFG India Credit Collections Manager Salary

6 - 10 years exp. (6 salaries)

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₹4.6 L/yr - ₹7.7 L/yr

arrow icon 12% less
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₹4 L/yr - ₹7.1 L/yr

arrow icon 2% less
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Mahindra Finance Collections Manager Salary

3 - 10 years exp. (3 salaries)

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₹2.6 L/yr - ₹5.4 L/yr

arrow icon 44% less
Collections Manager salary at HDB Financial Services ranges between ₹3.5 Lakhs to ₹8 Lakhs per year for employees with experience between 2 years to 17 years. Salary estimates are based on 27 latest salaries received from various employees of HDB Financial Services.

Latest annual salaries shared by HDB Financial Services Collections Manager in Mumbai

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12 years exp.
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8 years exp.

Experience wise HDB Financial Services Collections Manager salaries in Mumbai

Last Updated: 20 Aug 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹9.7 L/yr
3 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹10 L/yr
4 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.6 L/yr
5 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹6.8 L/yr
6 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹10.9 L/yr
View all
HDB Financial Services Collections Manager Salary and Career Growth

From

To

Collections Manager

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2 - 17 years exp.

Zonal Collection Manager

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13 - 25 years exp.

Collections Manager 2 - 17 years exp.
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Area Collection Manager 9 - 19 years exp.
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arrow icon 83% hike
    Zonal Collection Manager 13 - 25 years exp.
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    arrow icon 80% 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

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    ₹1.65 L/yr - ₹4.6 L/yr
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    ₹1 L/yr - ₹4.5 L/yr
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    ₹2.05 L/yr - ₹4.2 L/yr
    Cluster Manager Salary
    (15 salaries)
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    ₹16 L/yr - ₹21 L/yr
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    ₹10 L/yr - ₹17.15 L/yr
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    ₹18.5 L/yr - ₹24 L/yr

    Top skills at HDB Financial Services for Collections Manager

    Collections Collection Management Recovery Collections Personal Loans Personal Loans Team Management Team Handling Loan Recovery bpo Recovery Management Collection Management PMO Communication Skills Leadership Skills

    Salary related reviews for HDB Financial Services

    2.7

    Rated by 4 employees for salary & benefits

    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).

    read more
    • Salary - Poor
    • +6 more

    BFSI, Investments & Trading Department

    4.0
      •  posted on 15 Dec 2018

    4.0
     for  Salary and Benefits

    Likes

    The company is readily adopts latest technology.I love the fact that I am part of a team that market reliable,high quality products and has a global client base .we have to provide satisfactory service to customers and early decision for loan sanction.

    read more
    • Salary - Good
    • +6 more

    Dislikes

    Compensation is good, but growth is slow and no performance centraized of any employee.

    read more

    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.

    read more
    • Skill development - Poor
    • +2 more

    Full Time

     · 

    Sales & Business Development Department

    3.0
      •  posted on 24 Oct 2023

    1.0
     for  Salary and Benefits

    Likes

    HDB give us a opportunity to job and give us avarage salary pakage to make our life style good. And also Insentive structure is very good.

    read more

    Dislikes

    Their are lots of things I dislike of this company. They hold salary if you didn't achive your target. After 6 months your salary cutoff upto RS. 1000 which one is terrible. The work culture and pressure also not acceptable. And lots of things are very poor of this company.

    read more
    • Salary - Bad
    • +5 more

    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.

    read more
    • 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.

    read more
    see more salary related reviews

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    What people are saying about HDB Financial Services

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    HDB Financial Services Collections Manager Salary FAQs

    What is the salary of Collections Manager at HDB Financial Services Mumbai?
    Collections Manager salary at HDB Financial Services in Mumbai ranges between ₹3.5 Lakhs to ₹8.0 Lakhs for experience between 2 years to 17 years. According to our estimates it is 15% more than the average Collections Manager Salary in India. Salary estimates are based on 27 latest salaries received from various employees of HDB Financial Services Mumbai.
    How does the salary of a Collections Manager at HDB Financial Services Mumbai compare with the average salary range for this job?
    The average salary of a Collections Manager at HDB Financial Services is 15% more than the average salary of a Collections Manager in Mumbai. To know exact salary insights, login to view.
    What are the top skills required to work as a Collections Manager at HDB Financial Services?
    Collections, Collection Management, Recovery, Collections and Personal Loans are some of the popular skills required to work as a Collections Manager at HDB Financial Services Mumbai.
    Which similar companies are paying more than HDB Financial Services to a Collections Manager in Mumbai?
    • ICICI Bank Collections Manager Salary - ₹4.1 Lakhs to ₹11.0 Lakhs per year
    • Axis Bank Collections Manager Salary - ₹4.4 Lakhs to ₹9.2 Lakhs per year
    • HDFC Bank Collections Manager Salary - ₹2.9 Lakhs to ₹10.5 Lakhs per year
    • Aditya Birla Capital Collections Manager Salary - ₹3.1 Lakhs to ₹10.9 Lakhs per year
    What is the salary of a Collections Manager in companies similar to HDB Financial Services in Mumbai?
    • Aditya Birla Finance Collections Manager Salary - ₹4.0 Lakhs to ₹7.1 Lakhs per year
    • Tata Capital Collections Manager Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year
    • Bajaj Housing Finance Collections Manager Salary - ₹5.5 Lakhs to ₹7.5 Lakhs per year
    • Kotak Mahindra Bank Collections Manager Salary - ₹3.1 Lakhs to ₹9.2 Lakhs per year
    • L&T Finance Collections Manager Salary - ₹4.5 Lakhs to ₹8.5 Lakhs per year
    What is the estimated take home salary of a Collections Manager at HDB Financial Services in Mumbai?
    The estimated take-home salary of a Collections Manager at HDB Financial Services ranges between ₹50,615 per month to ₹51,810 per month in Mumbai. The take-home salary calculation is based on the average HDB Financial Services Collections Manager salary in India which ranges between ₹3.5 Lakhs to ₹8.0 Lakhs per year for employees with experience between 2 years to 17 years. Check how did we calculate take home salary?
    What is the notice period for Collections Manager at HDB Financial Services in Mumbai?
    According to AmbitionBox, 45% of the HDB Financial Services Collections Managers in Mumbai reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 20 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    HDB Financial Services Collections Manager salary in Mumbai ranges between ₹3.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 27 HDB Financial Services latest salaries received from various employees of HDB Financial Services.