HDFC Credila Financial Services Collections Manager Salaries by 4 Employees

5 - 10 years exp.

₹5.4 Lakhs - ₹7.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Collections Manager Salary in Financial Services Companies for 5 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 10 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr
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Finance & Accounting Collections Manager Salary 5 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr

Last Updated: 6 Feb 2024

Companies similar to HDFC Credila Financial Services for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Axio Collections Manager Salary 3 - 12 years exp. (25 salaries)	₹2.5 L/yr - ₹8.3 L/yr 11% less
Pamac Finserve Collections Manager Salary 1 - 7 years exp. (6 salaries)	₹2.9 L/yr - ₹4.4 L/yr 30% less
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SMEcorner Collections Manager Salary 6 - 16 years exp. (5 salaries)	₹4.5 L/yr - ₹10 L/yr 20% more
Indusind Marketing & Financial Services Collections Manager Salary 6 - 8 years exp. (4 salaries)	₹2.5 L/yr - ₹5 L/yr 39% less
Svasti Microfinance Collections Manager Salary 5 - 12 years exp. (4 salaries)	₹1.9 L/yr - ₹4 L/yr 52% less
Home First Finance Company India Collections Manager Salary 7 - 10 years exp. (4 salaries)	₹7 L/yr - ₹17 L/yr 98% more

Collections Manager salary at HDFC Credila Financial Services ranges between ₹5.4 Lakhs to ₹7.5 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Credila Financial Services.

Experience wise HDFC Credila Financial Services Collections Manager salaries

Last Updated: 6 Feb 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
6 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
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7 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
10 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr

View all

Similar Designation salaries in HDFC Credila Financial Services

Collection Officer Salary

(3 salaries)

₹2.4 L/yr - ₹3 L/yr

Area Collection Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

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Relationship Manager Salary

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Branch Manager Salary

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₹6.6 L/yr - ₹8.4 L/yr

Area Manager Salary

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Team Lead Salary

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₹2.1 L/yr - ₹3.5 L/yr

Deputy Manager Grade 2 Salary

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₹5.4 L/yr - ₹6.9 L/yr

Top skills at HDFC Credila Financial Services for Collections Manager

Customer Service Management Collections Recovery Debt Recovery

Salary related reviews for HDFC Credila Financial Services

4.0

Rated by 2 employees for salary & benefits

Sales Executive in New Delhi

Full Time

Sales & Business Development Department

2.0

• posted on 14 Nov 2024

4.0

for Salary and Benefits

Likes

Salary only.

Salary - Good

+2 more

Dislikes

This company is having toxic environment. Neither we were working here for appraisal nor working for incentives. Only we were working for our job pressure. That time was like a trauma for me. In the starting they told me the working hours are 8-9 hrs. After joining it was 12-15 hrs.

Promotions - Poor

+3 more

Sales Executive in Chennai

Full Time

Finance & Accounting Department

5.0

• posted on 21 Dec 2023

5.0

for Salary and Benefits

Likes

Interesting place to work. Very friendly and good salary. Good management and benefits to employees. Work life balance is prioritized.

Salary - Excellent

+6 more

Dislikes

A feeling that you're ready for more responsibility. A lack of opportunities for professional growth and development.

Assistant Branch Operations Manager in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 04 Sep 2024

3.0

for Salary and Benefits

Likes

Nothing

Job security - Good

Dislikes

...ime and everywhere, even when you are sick. The managers dont have any humanity. Pay is okay, but appraisal is poor. They is no growth in the compnay even when you are investing 10 years in the company. I will not suggest anyone to join HDFC Credila. They want you to work minimum 10 hours a day. Your manager will call you an scold you if you will leave early.

Skill development - Bad

+4 more

Relationship Officer in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 17 Oct 2023

3.0

for Salary and Benefits

Likes

Good for freshers, many things to learn. You can start your career here and the move. It is developing organisation so that you can see many changes and learn new things

Skill development - Good

Dislikes

It takes really long time for promotion and other things like salary hike n all. Zero life balance at season time.

Promotions - Poor

+2 more

Cashier in Bhopal

Cashiers Department

5.0

• posted on 25 Oct 2022

5.0

for Salary and Benefits

Likes

good customer good service and good staff and good salary package and and clean department all good facilities provide best hdfc service

Salary - Excellent

+6 more

Dislikes

good customer good service and good salary package good good staff and good salary package clean branch and department all good facilities provided best company

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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HDFC Credila Financial Services Collections Manager Salary FAQs

What is the salary of Collections Manager at HDFC Credila Financial Services ?

The average salary of a Collections Manager at HDFC Credila Financial Services in India typically ranges from ₹5.4 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Collections Manager at HDFC Credila Financial Services earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Collections Manager Salaries at HDFC Credila 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 4 HDFC Credila Financial Services employees in India.

What is the estimated take home salary of a Collections Manager at HDFC Credila Financial Services in India?

The estimated take-home salary of a Collections Manager at HDFC Credila Financial Services in India typically ranges from ₹43,834 to ₹44,942 per month. This is based on the average salary range of ₹5.4 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 5 years to 10 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 4 salaries received from various employees of HDFC Credila Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Collections Manager at HDFC Credila Financial Services ?

To be a Collections Manager at HDFC Credila Financial Services in india, the key skills required include:

- Customer Service Management
- Collections
- Recovery
- Debt Recovery

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

Which companies offer higher salaries than HDFC Credila Financial Services for Collections Manager in India?

Home First Finance Company India	₹7.0 Lakhs to ₹17.0 Lakhs per year
SMEcorner	₹4.5 Lakhs to ₹10.0 Lakhs per year

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

What is the salary of a Collections Manager in companies similar to HDFC Credila Financial Services in India?

The salary of a Collections Manager at companies similar to HDFC Credila Financial Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axio	₹2.5 Lakhs to ₹8.3 Lakhs per year
Pamac Finserve	₹2.9 Lakhs to ₹4.4 Lakhs per year
Indusind Marketing & Financial Services	₹2.5 Lakhs to ₹5.0 Lakhs per year
Svasti Microfinance	₹1.9 Lakhs to ₹4.0 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 Collections Manager at HDFC Credila Financial Services in India?

The salary growth for a Collections Manager at HDFC Credila Financial Services depends on factors such as experience, performance, and promotions. On average, a Collections Manager can expect the following growth trajectory at HDFC Credila Financial Services:

Experience	Average Salary Range
5 years	₹4.9 Lakhs to ₹6.2 Lakhs per year
6 years	₹4.9 Lakhs to ₹6.2 Lakhs per year
7 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
8 years	₹5.3 Lakhs to ₹6.7 Lakhs per year

and so on.

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HDFC Credila Financial Services Collections Manager Salaries

HDFC Credila Financial Services Collections Manager salary in India ranges between ₹5.4 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Credila Financial Services latest salaries received from various employees of HDFC Credila Financial Services.