HDB Financial Services Mumbai Senior Collection Officer Salaries by 10+ Employees

0 - 7 years exp.

₹1.8 Lakh - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

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

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Salaries in different departments

BFSI, Investments & Trading Senior Collection Officer Salary 1 - 7 years exp. (10 salaries)	₹1.8 L/yr - ₹4.5 L/yr
Finance & Accounting Senior Collection Officer Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹3 L/yr
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Customer Success, Service & Operations Senior Collection Officer Salary 1 year exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.2 L/yr

Last Updated: 18 Dec 2024

Companies similar to HDB Financial Services for Senior Collection Officer in Mumbai

HDB Financial Services Senior Collection Officer Salary

0 - 7 years exp. (16 salaries)

₹1.8 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Senior Collection Officer Salary 5 - 11 years exp. (5 salaries)	₹2.5 L/yr - ₹3.6 L/yr 2% less
Shriram Finance Senior Collection Officer Salary 5 - 14 years exp. (5 salaries)	₹3.3 L/yr - ₹4.5 L/yr 33% more
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L&T Finance Senior Collection Officer Salary 6 - 8 years exp. (4 salaries)	₹2.1 L/yr - ₹3.1 L/yr 2% more
Fusion Microfinance Senior Collection Officer Salary 4 - 6 years exp. (3 salaries)	₹2.6 L/yr - ₹3.2 L/yr 3% more
Home Credit Finance Senior Collection Officer Salary 4 - 5 years exp. (3 salaries)	₹1.9 L/yr - ₹2.6 L/yr 7% less
Bajaj Finance Senior Collection Officer Salary 1 - 7 years exp. (3 salaries)	₹2.8 L/yr - ₹3.3 L/yr 22% more	2 job openings

Senior Collection Officer salary at HDB Financial Services ranges between ₹1.8 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 16 latest salaries received from various employees of HDB Financial Services.

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

3mo ago

₹2 Lakhs

5 months exp.

4mo ago

₹2.8 Lakhs

7 years exp.

6mo ago

₹3 Lakhs

2 years exp.

10mo ago

₹2.5 Lakhs

6 years exp.

11mo ago

₹3 Lakhs

2 years exp.

11mo ago

5 years exp.

11mo ago

3 years exp.

1y ago

6 years exp.

1y ago

5 years exp.

1y ago

1 year exp.

Experience wise HDB Financial Services Senior Collection Officer salaries in Mumbai

Last Updated: 18 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
Login to view exact salary
2 years (3 salaries)	₹1.8 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
5 years (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr
6 years (3 salaries)	₹2.5 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr

View all

From

Senior Collection Officer

0 - 8 years exp.

Collection Team Lead

2 - 9 years exp.

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

(141 salaries)

₹1 L/yr - ₹5 L/yr

Collection Officer Salary

(115 salaries)

₹1 L/yr - ₹4.5 L/yr

Officer Salary

(102 salaries)

₹1.5 L/yr - ₹4.65 L/yr

Relationship Officer Salary

(97 salaries)

₹1.3 L/yr - ₹3.5 L/yr

Collection Associate Salary

(55 salaries)

₹2.05 L/yr - ₹4.5 L/yr

Collections Manager Salary

(27 salaries)

₹3.5 L/yr - ₹8 L/yr

Area Collection Manager Salary

(10 salaries)

₹10 L/yr - ₹17.15 L/yr

Senior Collection Executive Salary

(10 salaries)

₹1.5 L/yr - ₹2.6 L/yr

Recovery Officer Salary

(9 salaries)

₹1.4 L/yr - ₹2.4 L/yr

Salary related reviews for HDB Financial Services

2.9

Rated by 4 employees for salary & benefits

Senior Collection Officer in Kolkata

Finance & Accounting Department

5.0

• posted on 23 Mar 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

no any issues right now.

Sales Manager in Siwan

Full Time

Sales & Business Development Department

3.0

• posted on 25 Feb 2025

4.0

for Salary and Benefits

Likes

Salary on time, working pressure is average, work - life balance is average.

Salary - Good

+1 more

Dislikes

No co-operate from any seniors. Do self each and every thing. Sales and collection. Target pressure is 100 % but support is 0%. Work starting time is 8.00am ending time not fixed.

Skill development - Poor

+1 more

Supervisor in Kolkata

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 17 Feb 2025

2.0

for Salary and Benefits

Likes

Job Security is the only plus point in the company. The company is good for freshers and people with high experience

Job security - Excellent

Dislikes

Salary increments are very low, promotions there are in many cases biased and low in numbers. Work satisfaction is on below average level due to unrealistic incentive slab make earning good money very difficult. If you are 2-3 yrs of experience person don't come here. Just people being a fresher or a 8yrs+ experience people are valued then also freshers are also get their valued getting less after their 1st increment (1-1.5yrs) after joining the company

Salary - Poor

+2 more

Sales Officer in Barpeta

Full Time

Sales & Business Development Department

5.0

• posted on 01 Nov 2024

5.0

for Salary and Benefits

Likes

Some say that working at HDB Financial Services is a good place to start a career in lending and that they have a good work culture:

Salary - Excellent

+6 more

Dislikes

Some say the salary and growth level are low. No work-life balance: Some say there is no work-life balance.

Collections Manager in New Delhi

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).

Salary - Poor

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about HDB Financial Services

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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HDB Financial Services Senior Collection Officer Salary FAQs

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

The average salary of a Senior Collection Officer at HDB Financial Services in Mumbai typically ranges from ₹1.8 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Senior Collection Officer in Mumbai at HDB Financial Services earn more than ₹4.4 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Senior 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 10+ HDB Financial Services employees in India.

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

The estimated take-home salary of a Senior Collection Officer at HDB Financial Services in Mumbai typically ranges from ₹18,948 to ₹20,627 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher to 7 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 10+ salaries received from various employees of HDB Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Shriram Finance	₹3.3 Lakhs to ₹4.5 Lakhs per year
Bajaj Finance	₹2.8 Lakhs to ₹3.3 Lakhs per year
Fusion Microfinance	₹2.6 Lakhs to ₹3.2 Lakhs per year
L&T Finance	₹2.1 Lakhs to ₹3.1 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 Senior Collection Officer in companies similar to HDB Financial Services in Mumbai?

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

IIFL Finance	₹2.5 Lakhs to ₹3.6 Lakhs per year
Home Credit Finance	₹1.9 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 Senior Collection Officer at HDB Financial Services in Mumbai?

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹2.6 Lakhs per year
1 year	₹2.1 Lakhs to ₹2.7 Lakhs per year
2 years	₹1.8 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.3 Lakhs to ₹3.0 Lakhs per year

and so on.

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HDB Financial Services Senior Collection Officer Salaries in Mumbai

HDB Financial Services Senior Collection Officer salary in Mumbai ranges between ₹1.8 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 HDB Financial Services latest salaries received from various employees of HDB Financial Services.