Hero FinCorp Indore Collections Manager Salaries by 10+ Employees (Updated 2025)

5 - 14 years exp.

₹4 Lakhs - ₹10 Lakhs

Salary of majority employees

11% more than the average Collections Manager Salary in NBFC Companies for 5 - 14 years of experience

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Salaries in different departments

Finance & Accounting Collections Manager Salary 5 - 13 years exp. (7 salaries)	₹4.8 L/yr - ₹8 L/yr
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Risk Management & Compliance Collections Manager Salary 6 - 14 years exp. (5 salaries)	₹4.3 L/yr - ₹10 L/yr

Last Updated: 19 Feb 2025

Companies similar to Hero FinCorp for Collections Manager in Indore

Hero FinCorp Collections Manager Salary

5 - 14 years exp. (18 salaries)

₹4 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
Kogta Financial India Limited Collections Manager Salary 9 - 11 years exp. (3 salaries)	₹4.9 L/yr - ₹10.5 L/yr 7% more
HDFC Bank Collections Manager Salary 1 - 18 years exp. (57 salaries)	₹3.6 L/yr - ₹9.1 L/yr 2% less	7 job openings
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IDFC FIRST Bank Collections Manager Salary 2 - 11 years exp. (26 salaries)	₹2.2 L/yr - ₹9 L/yr 11% less
Tata Capital Collections Manager Salary 3 - 12 years exp. (13 salaries)	₹3.6 L/yr - ₹9 L/yr 9% less	17 job openings
ICICI Bank Collections Manager Salary 3 - 12 years exp. (11 salaries)	₹4 L/yr - ₹8.5 L/yr 9% more

Collections Manager salary at Hero FinCorp ranges between ₹4 Lakhs to ₹10 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 18 latest salaries received from various employees of Hero FinCorp.

Experience wise Hero FinCorp Collections Manager salaries in Indore

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
6 years (3 salaries)	₹4 L/yr - ₹7.6 L/yr
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7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
8 years (4 salaries)	₹5.5 L/yr - ₹10 L/yr
9 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
10 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
11 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
12 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
13 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
14 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr

View all

Similar Designation salaries in Hero FinCorp

Cluster Manager Salary

(3 salaries)

₹9.05 L/yr - ₹20.1 L/yr

Top skills at Hero FinCorp for Collections Manager

Collection Management Collections Collection Management Collections NBFC SME Recovery Management Recovery Lap Relationship Management Customer Satisfaction Financial Statement Analysis mortgage Stakeholder Management Calling

Salary related reviews for Hero FinCorp

3.7

Rated by 5 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.

Sales Executive in Nashik

Full Time

Sales & Business Development Department

1.0

• posted on 10 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

They give lots of target which is impossible to achieve. They polices is not at all good Salary is very low dont give any increment Very aggressive towards employee..... Give lots of Work and stress

Salary - Bad

+6 more

Sales Executive in Meerut

Full Time

Finance & Accounting Department

5.0

• posted on 04 Nov 2022

5.0

for Salary and Benefits

Likes

I love how the company offered learning opportunities and seemed to care about helping their employees develop and grow professionally. They had weekly lunch meetings where we’d learn a new topic, they offered tuition reimbursement, and all of the senior leadership team was very approachable and supportive.

Salary - Excellent

+5 more

Dislikes

...that I feel like I haven't been rewarded enough for the work I've done for them. Sure, maybe they don't have the budget to pay me more, and that's okay. But I honestly believe that from my experience I should earn more than 50 thousand annually. I have a family, two young kids, and with whatever expenses we have right now, I really need a better salary.

Sales Executive in Ujjain

Sales & Business Development Department

5.0

• posted on 19 Jun 2020

2.0

for Salary and Benefits

Likes

...mates are supportive. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, salary hike and bonus every year.

Skill development - Excellent

+3 more

Dislikes

Company brand and policies good

Salary - Poor

+2 more

Sales Executive in Patna

Finance & Accounting Department

5.0

• posted on 08 Nov 2018

4.0

for Salary and Benefits

Likes

Hero Fincorop is largest financial company .and no 1 company

Salary - Good

+2 more

Dislikes

Hero Fincorop me sales executive ki minimum salary 15 k hona chahiye Branch offices hona chahiye.collection team or strong hona chahiye.noc dispatch team Ko NOC fast dispatch karna chahiye.custome service number easy hona chahiye

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Hero FinCorp Collections Manager Salary FAQs

What is the salary of Collections Manager at Hero FinCorp in Indore?

The average salary of a Collections Manager at Hero FinCorp in Indore typically ranges from ₹4.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 5 years to 14 years).

The top 10% of Collections Manager in Indore at Hero FinCorp earn more than ₹9.5 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Collections 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 10+ Hero FinCorp employees in India.

What is the estimated take home salary of a Collections Manager at Hero FinCorp in Indore?

The estimated take-home salary of a Collections Manager at Hero FinCorp in Indore typically ranges from ₹50,480 to ₹51,672 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 5 years to 14 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 Hero FinCorp. 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 Hero FinCorp in Indore?

To be a Collections Manager at Hero FinCorp in Indore, the key skills required include:

- Collection Management
- Collections
- Collection Management
- Collections
- NBFC

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

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

ICICI Bank	₹4.0 Lakhs to ₹8.5 Lakhs per year
Kogta Financial India Limited	₹4.9 Lakhs to ₹10.5 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 Collections Manager in companies similar to Hero FinCorp in Indore?

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

HDFC Bank	₹3.6 Lakhs to ₹9.1 Lakhs per year
Tata Capital	₹3.6 Lakhs to ₹9.0 Lakhs per year
IDFC FIRST Bank	₹2.2 Lakhs to ₹9.0 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 Hero FinCorp in Indore?

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

Experience	Average Salary Range
5 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
6 years	₹4.0 Lakhs to ₹7.6 Lakhs per year
7 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
8 years	₹5.5 Lakhs to ₹10.0 Lakhs per year

and so on.

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Hero FinCorp Collections Manager Salaries in Indore

Hero FinCorp Collections Manager salary in Indore ranges between ₹4 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Hero FinCorp latest salaries received from various employees of Hero FinCorp.