HDFC Bank Mumbai Collection Officer Salaries by 40+ Employees (Updated 2025)

0 - 7 years exp.

₹1.5 Lakh - ₹3.5 Lakhs

Salary of majority employees

At par with the average Collection Officer Salary in Banking Companies for 0 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations Collection Officer Salary 0 - 6 years exp. (12 salaries)	₹2 L/yr - ₹3.5 L/yr
Risk Management & Compliance Collection Officer Salary 0 - 7 years exp. (8 salaries)	₹2.1 L/yr - ₹3 L/yr
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BFSI, Investments & Trading Collection Officer Salary 2 - 6 years exp. (6 salaries)	₹1.5 L/yr - ₹3.5 L/yr
Finance & Accounting Collection Officer Salary 3 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹2.9 L/yr
Sales & Business Development Collection Officer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.9 L/yr

Last Updated: 14 Mar 2025

Companies similar to HDFC Bank for Collection Officer in Mumbai

HDFC Bank Collection Officer Salary

0 - 7 years exp. (41 salaries)

₹1.5 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Jana Small Finance Bank Collection Officer Salary 1 - 7 years exp. (25 salaries)	₹1.6 L/yr - ₹3.1 L/yr 10% less
Ujjivan Small Finance Bank Collection Officer Salary 1 - 8 years exp. (10 salaries)	₹2.2 L/yr - ₹4 L/yr 20% more
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Kotak Mahindra Bank Collection Officer Salary 3 - 5 years exp. (6 salaries)	₹2 L/yr - ₹3.7 L/yr 3% more
HDB Financial Services Collection Officer Salary 0 - 8 years exp. (117 salaries)	₹1 L/yr - ₹4.5 L/yr 7% less
Dhani Loans and Services Collection Officer Salary 0 - 6 years exp. (109 salaries)	₹2 L/yr - ₹3.4 L/yr At par

Collection Officer salary at HDFC Bank ranges between ₹1.5 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 41 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Collection Officer salaries in Mumbai

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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2 years (9 salaries)	₹1.5 L/yr - ₹3.5 L/yr
3 years (13 salaries)	₹1.9 L/yr - ₹3.5 L/yr
4 years (10 salaries)	₹2 L/yr - ₹3.5 L/yr
5 years (3 salaries)	₹1.7 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

View all

From

Collection Officer

₹

Lakhs/yr

0 - 8 years exp.

Regional Credit Manager

₹

Lakhs/yr

9 - 24 years exp.

Collection Officer

0 - 8 years exp.

Collections Manager

1 - 18 years exp.

157% hike

Area Collection Manager

10 - 22 years exp.

107% hike

From

View 4 more levels

Collection Officer

0 - 8 years exp.

Deputy Vice President

10 - 25 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 HDFC Bank

Sales Officer Salary

(464 salaries)

₹1.05 L/yr - ₹5.5 L/yr

Officer Salary

(149 salaries)

₹1.5 L/yr - ₹5 L/yr

Relationship Officer Salary

(99 salaries)

₹1.2 L/yr - ₹4.75 L/yr

Collections Manager Salary

(81 salaries)

₹2.85 L/yr - ₹10.5 L/yr

Area Collection Manager Salary

(10 salaries)

₹9.75 L/yr - ₹26 L/yr

Senior Collection Officer Salary

(10 salaries)

₹2.2 L/yr - ₹3.5 L/yr

Top skills at HDFC Bank for Collection Officer

Active Directory Support High Pressure Vessels Risk Assessment PMO BW Beverage Relationship Management Management Android Switching Geology Negotiation Communication Skills Legal Technical Training

Salary related reviews for HDFC Bank

2.6

Rated by 9 employees for salary & benefits

Collection Officer in Sitarganj

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 24 Feb 2021

4.0

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 - Good

+6 more

Dislikes

Nothing

Collection Officer in Pune

Sales & Business Development Department

4.0

• posted on 07 Feb 2022

2.0

for Salary and Benefits

Likes

... teammates are supportive and management is transparent company policy are good appraisal arefair and they give good salary hike and bonus every year.

Job security - Good

+3 more

Dislikes

There is lot of political and the management doesn't but career growth is slow there is a bond 2 year before switch

Salary - Poor

+1 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 25 Mar 2025

2.0

for Salary and Benefits

Likes

Don't have anything to like here

Dislikes

No Work life balance here No opportunity for skill development. No proper salary hike If you and family suffering from anything and u not providing proper productivity due any issue then don't have job security.

Salary - Poor

+5 more

Relationship Officer in Gangtok

Full Time

Finance & Accounting Department

1.0

• posted on 16 Feb 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...working in this company for last 6 years but I have never seen any growth on it. Not in my position nor in my salary . So that I m looking another job. Some time I also fill like that why had I spend my 6 year because here is no any Skill development.

Salary - Bad

+6 more

Deputy Manager in Guwahati (working remotely)

Full Time

Sales & Business Development Department

3.0

• posted on 09 Feb 2025

2.0

for Salary and Benefits

Likes

1.Good brand value in market. 2.Variety of products.

Skill development - Good

+1 more

Dislikes

1. They demands multiple products to sell at same time. 2. Senior managers are taking very high salary with less productive and ideas and they just do 2-3 hrs concall with staffs every day. 3. Unwanted pressure on so many things.

Salary - Poor

+1 more

see more salary related reviews

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What people are saying about HDFC Bank

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Can someone advice whether I should join HDFC Bank with almost Half CTC or Teleperformance (TP), a BPO with Double CTC? Job Role: Inbound Customer Support. Factors: WFH: TP ✅️ HDFC ❌️ Location: HDFC - New Delhi, TP - Noida Team Handling: HDFC - Individual role. TP - Team Leader Team Handling: HDFC ❌️ TP ✅️ Working Days: HDFC - 6. TP - 5 Customer Base: HDFC - Indian, TP - USA

Which Organisation to Join? Please provide reason(s) or if you have any suggestion.

HDFC Bank

Teleperformance

4 participants . poll closed

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HDFC Bank Collection Officer Salary FAQs

What is the salary of Collection Officer at HDFC Bank in Mumbai?

The average salary of a Collection Officer at HDFC Bank in Mumbai typically ranges from ₹1.5 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Collection Officer in Mumbai at HDFC Bank earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Collection Officer Salaries at HDFC Bank 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 40+ HDFC Bank employees in India.

What is the estimated take home salary of a Collection Officer at HDFC Bank in Mumbai?

The estimated take-home salary of a Collection Officer at HDFC Bank in Mumbai typically ranges from ₹18,446 to ₹20,133 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.5 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 40+ salaries received from various employees of HDFC Bank. 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 HDFC Bank in Mumbai?

To be a Collection Officer at HDFC Bank in Mumbai, the key skills required include:

- Active Directory Support
- High Pressure Vessels
- Risk Assessment
- PMO
- BW

These skills are highly valued at HDFC Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDFC Bank for Collection Officer in India?

Ujjivan Small Finance Bank	₹2.2 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindra Bank	₹2.0 Lakhs to ₹3.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Bank, depending on the role and experience level.

What is the salary of a Collection Officer in companies similar to HDFC Bank in Mumbai?

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

Dhani Loans and Services	₹2.0 Lakhs to ₹3.4 Lakhs per year
HDB Financial Services	₹1.0 Lakhs to ₹4.5 Lakhs per year
Jana Small Finance Bank	₹1.6 Lakhs to ₹3.1 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 HDFC Bank in Mumbai?

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

Experience	Average Salary Range
Fresher	₹2.1 Lakhs to ₹2.7 Lakhs per year
1 year	₹2.2 Lakhs to ₹2.8 Lakhs per year
2 years	₹1.5 Lakhs to ₹3.5 Lakhs per year
3 years	₹1.9 Lakhs to ₹3.5 Lakhs per year

and so on.

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HDFC Bank Collection Officer Salaries in Mumbai

HDFC Bank Collection Officer salary in Mumbai ranges between ₹1.5 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 41 HDFC Bank latest salaries received from various employees of HDFC Bank.