Hero FinCorp Cluster Collection Manager Salaries by 30+ Employees (Updated 2025)

12 - 20 years exp.

₹8.4 Lakhs - ₹17 Lakhs

Avg. annual salary

Monthly In-hand Salary

37% more than the average Cluster Collection Manager Salary in NBFC Companies for 12 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Collection Manager Salary 12 - 20 years exp. (20 salaries)	₹8.4 L/yr - ₹17 L/yr
Risk Management & Compliance Cluster Collection Manager Salary 12 - 20 years exp. (5 salaries)	₹11 L/yr - ₹13.8 L/yr
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Finance & Accounting Cluster Collection Manager Salary 13 - 15 years exp. (4 salaries)	₹10.5 L/yr - ₹13.3 L/yr
Customer Success, Service & Operations Cluster Collection Manager Salary 15 - 20 years exp. (3 salaries)	₹10.8 L/yr - ₹12.9 L/yr

Last Updated: 2 Jan 2025

Companies similar to Hero FinCorp for Cluster Collection Manager

Company name	Avg Annual Salary	Open Jobs
Vistaar Finance Cluster Collection Manager Salary 6 - 18 years exp. (11 salaries)	₹5.8 L/yr - ₹9.5 L/yr 36% less
Kotak Mahindra Prime Cluster Collection Manager Salary 5 - 14 years exp. (5 salaries)	₹8.8 L/yr - ₹9.8 L/yr 31% less
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Kinara Capital Cluster Collection Manager Salary 3 - 8 years exp. (5 salaries)	₹4.6 L/yr - ₹5.5 L/yr 61% less
Tata Capital Housing Finance Cluster Collection Manager Salary 12 - 18 years exp. (5 salaries)	₹10.5 L/yr - ₹14.5 L/yr 5% less
Shubham Housing Development Finance Cluster Collection Manager Salary 5 - 13 years exp. (4 salaries)	₹4 L/yr - ₹5.4 L/yr 64% less
Bajaj Housing Finance Cluster Collection Manager Salary 16 - 17 years exp. (4 salaries)	₹13 L/yr - ₹22 L/yr 35% more
Ugro Capital Cluster Collection Manager Salary 8 - 10 years exp. (4 salaries)	₹7.1 L/yr - ₹8 L/yr 41% less
Kogta Financial India Limited Cluster Collection Manager Salary 14 - 16 years exp. (3 salaries)	₹4.8 L/yr - ₹10 L/yr 35% less

Cluster Collection Manager salary at Hero FinCorp ranges between ₹8.4 Lakhs to ₹17 Lakhs per year for employees with experience between 12 years to 20 years. Salary estimates are based on 39 latest salaries received from various employees of Hero FinCorp.

Latest annual salaries shared by Hero FinCorp Cluster Collection Manager

2mo ago

₹17 Lakhs

18 years exp.

2mo ago

₹12 Lakhs

20 years exp.

3mo ago

₹10 Lakhs

13 years exp.

5mo ago

₹12 Lakhs

13 years exp.

5mo ago

₹10.8 Lakhs

20 years exp.

5mo ago

14 years exp.

7mo ago

16 years exp.

9mo ago

19 years exp.

9mo ago

17 years exp.

9mo ago

13 years exp.

Experience wise Hero FinCorp Cluster Collection Manager salaries

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹12.5 L/yr
13 years (5 salaries)	₹10 L/yr - ₹16 L/yr
Login to view exact salary
14 years (8 salaries)	₹10 L/yr - ₹16 L/yr
15+ years (24 salaries)	₹10.3 L/yr - ₹17 L/yr

Similar Designation salaries in Hero FinCorp

Collections Manager Salary

(274 salaries)

₹3.05 L/yr - ₹10 L/yr

Credit Analyst Salary

(150 salaries)

₹2.7 L/yr - ₹6.4 L/yr

Area Credit Manager Salary

(133 salaries)

₹7.25 L/yr - ₹20.38 L/yr

Relationship Manager Salary

(86 salaries)

₹2 L/yr - ₹9.1 L/yr

Cluster Manager Salary

(80 salaries)

₹8.35 L/yr - ₹27.5 L/yr

Collection Officer Salary

(17 salaries)

₹1 L/yr - ₹5.67 L/yr

Credit Manager Salary

(17 salaries)

₹5 L/yr - ₹11.6 L/yr

Credit Processing Associate Salary

(15 salaries)

₹1.67 L/yr - ₹3.97 L/yr

Area Collection Manager Salary

(15 salaries)

₹5.2 L/yr - ₹10.25 L/yr

Credit Officer Salary

(15 salaries)

₹2.15 L/yr - ₹5 L/yr

Salary related reviews for Hero FinCorp

3.9

Rated by 8 employees for salary & benefits

Collections Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 08 Jun 2022

4.0

for Salary and Benefits

Likes

Can work from home and flexible timing. Incentive structure is very Good. HR give equal importance to all individuals irrespective of colour, Religion and caste.

Salary - Good

+2 more

Dislikes

I found Hectic life schedule after Covid. Salary is decent but carrier growth is little slow.

Area Credit Manager in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 22 Oct 2021

1.0

for Salary and Benefits

Likes

Nothing comes to my mind

Dislikes

...uing. No work life balance if you join thia company than forget you have family. Compensation is also terrible with respect to work. No respect for your work

Salary - Bad

+6 more

Credit Analyst in Mohan Estate - Delhi

Full Time

Other Department

1.0

• posted on 28 May 2023

5.0

for Salary and Benefits

Likes

Overall salary structure and Benefits are Good.

Salary - Excellent

Dislikes

A person named Gorender Singh Panghal (UBL- Lead) is playing very bad politics with his own analyst team. Also he is not able to do any good thing for his team. He is just making excuses instead of efforts... Also UBL ACM Shivani Kathuriya is very bad personality.... She even don't know that how to prepare the CAM and how to recommend the same.... She don't have any knowledge....

Skill development - Bad

+4 more

Collection Officer

Other Department

5.0

• posted on 10 Jan 2019

5.0

for Salary and Benefits

Likes

My salary is very good.i m trevailing in my bike. I have good expirence for my job and want more experience other company. I m very honest for my job.

Salary - Excellent

+6 more

Dislikes

First is there is no timing for work. no limit is work. Salary timing no.

Data Analyst in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 12 Mar 2025

3.0

for Salary and Benefits

Likes

On time salary

Job security - Good

Dislikes

No work life balance Delay in appraisals & promotion Overloaded work Favouritism Culture Micro management by the manager Visionless people and managers Treating Employee as factory workers and many more chutiyapas

Skill development - Bad

+4 more

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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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Hero FinCorp Cluster Collection Manager Salary FAQs

What is the salary of Cluster Collection Manager at Hero FinCorp ?

The average salary of a Cluster Collection Manager at Hero FinCorp in India typically ranges from ₹8.4 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 12 years to 20 years).

The top 10% of Cluster Collection Manager at Hero FinCorp earn more than ₹15.6 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Cluster Collection Manager Salaries at Hero FinCorp 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 30+ Hero FinCorp employees in India.

What is the estimated take home salary of a Cluster Collection Manager at Hero FinCorp in India?

The estimated take-home salary of a Cluster Collection Manager at Hero FinCorp in India typically ranges from ₹90,214 to ₹92,586 per month. This is based on the average salary range of ₹8.4 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 12 years to 20 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 30+ salaries received from various employees of Hero FinCorp. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Hero FinCorp for Cluster Collection Manager in India?

Bajaj Housing Finance

₹13.0 Lakhs to ₹22.0 Lakhs per year

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

What is the salary of a Cluster Collection Manager in companies similar to Hero FinCorp in India?

The salary of a Cluster Collection Manager at companies similar to Hero FinCorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Capital Housing Finance	₹10.5 Lakhs to ₹14.5 Lakhs per year
Kotak Mahindra Prime	₹8.8 Lakhs to ₹9.8 Lakhs per year
Kogta Financial India Limited	₹4.8 Lakhs to ₹10.0 Lakhs per year
Vistaar Finance	₹5.8 Lakhs to ₹9.5 Lakhs per year
Ugro Capital	₹7.1 Lakhs to ₹8.0 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 Cluster Collection Manager at Hero FinCorp in India?

The salary growth for a Cluster Collection Manager at Hero FinCorp depends on factors such as experience, performance, and promotions. On average, a Cluster Collection Manager can expect the following growth trajectory at Hero FinCorp:

Experience	Average Salary Range
12 years	₹8.4 Lakhs to ₹12.5 Lakhs per year
13 years	₹10.0 Lakhs to ₹16.0 Lakhs per year
14 years	₹10.0 Lakhs to ₹16.0 Lakhs per year
15 years	₹10.3 Lakhs to ₹17.0 Lakhs per year

and so on.

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Hero FinCorp Cluster Collection Manager Salaries by Location

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Hero FinCorp Cluster Collection Manager Salaries

Hero FinCorp Cluster Collection Manager salary in India ranges between ₹8.4 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 39 Hero FinCorp latest salaries received from various employees of Hero FinCorp.

Hero FinCorp Cluster Collection Manager salaries in India (Updated 2025)

Companies similar to Hero FinCorp for Cluster Collection Manager

Latest annual salaries shared by Hero FinCorp Cluster Collection Manager

Experience wise Hero FinCorp Cluster Collection Manager salaries

Similar Designation salaries in Hero FinCorp

Salary related reviews for Hero FinCorp

Collections Manager in New Delhi

Area Credit Manager in Pune

Credit Analyst in Mohan Estate - Delhi

Collection Officer

Data Analyst in New Delhi

Hero FinCorp Cluster Collection Manager Salary FAQs

Tell us how to improve this page.

Hero FinCorp Cluster Collection Manager Salaries by Location