Hero FinCorp State Collection Manager Salaries by 10+ Employees (Updated 2025)

13 - 25 years exp.

₹12 Lakhs - ₹27.4 Lakhs

Salary of majority employees

30% more than the average State Collection Manager Salary in NBFC Companies for 13 - 25 years of experience

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Salaries in different departments

BFSI, Investments & Trading State Collection Manager Salary 15 - 25 years exp. (12 salaries)	₹16.6 L/yr - ₹27.4 L/yr
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Finance & Accounting State Collection Manager Salary 13 - 21 years exp. (6 salaries)	₹12 L/yr - ₹25 L/yr

Last Updated: 8 Jan 2025

Companies similar to Hero FinCorp for State Collection Manager

Company name	Avg Annual Salary	Open Jobs
L&T Finance State Collection Manager Salary 8 - 15 years exp. (3 salaries)	₹10.5 L/yr - ₹20 L/yr 27% less
Shriram Finance State Collection Manager Salary 13 - 17 years exp. (6 salaries)	₹10 L/yr - ₹15 L/yr 34% less
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IKF Finance State Collection Manager Salary 15 - 19 years exp. (4 salaries)	₹9 L/yr - ₹17 L/yr 33% less
Electronica Finance State Collection Manager Salary 10 - 22 years exp. (3 salaries)	₹7.2 L/yr - ₹17.2 L/yr 48% less
SMFG India Credit State Collection Manager Salary 13 - 22 years exp. (39 salaries)	₹9.3 L/yr - ₹26.7 L/yr 20% less

State Collection Manager salary at Hero FinCorp ranges between ₹12 Lakhs to ₹27.4 Lakhs per year for employees with experience between 13 years to 25 years. Salary estimates are based on 18 latest salaries received from various employees of Hero FinCorp.

Experience wise Hero FinCorp State Collection Manager salaries

Last Updated: 8 Jan 2025

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹15 L/yr - ₹31.3 L/yr
14 years (AmbitionBox Estimate)	₹14 L/yr - ₹32.1 L/yr
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15+ years (15 salaries)	₹12 L/yr - ₹27.4 L/yr

Similar Designation salaries in Hero FinCorp

Area Collection Manager Salary

(15 salaries)

₹5.2 L/yr - ₹10.25 L/yr

Branch Collection Manager Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Collections Manager Salary

(292 salaries)

₹3.05 L/yr - ₹10.2 L/yr

Regional Collection Manager Salary

(3 salaries)

₹18 L/yr - ₹23 L/yr

Territory Collection Manager Salary

(9 salaries)

₹6 L/yr - ₹9.93 L/yr

Senior Area Collection Manager Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹11 L/yr

Senior Collection Officer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Collection Officer Salary

(14 salaries)

₹1 L/yr - ₹5.2 L/yr

Recovery Manager Salary

(3 salaries)

₹0.7 L/yr - ₹6.75 L/yr

Cluster Manager Salary

(82 salaries)

₹7.5 L/yr - ₹27 L/yr

Salary related reviews for Hero FinCorp

4.2

Rated by 4 employees for salary & benefits

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.

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 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

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Hero FinCorp State Collection Manager Salary FAQs

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

State Collection Manager salary at Hero FinCorp in India ranges between ₹12.0 Lakhs to ₹27.4 Lakhs for experience between 13 years to 25 years. According to our estimates it is 30% more than the average State Collection Manager Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Hero FinCorp India.

How does the salary of a State Collection Manager at Hero FinCorp India compare with the average salary range for this job?

The average salary of a State Collection Manager at Hero FinCorp is 30% more than the average salary of a State Collection Manager in India. To know exact salary insights, login to view.

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

SMFG India Credit State Collection Manager Salary - ₹9.3 Lakhs to ₹26.7 Lakhs per year
L&T Finance State Collection Manager Salary - ₹10.5 Lakhs to ₹20.0 Lakhs per year
IKF Finance State Collection Manager Salary - ₹9.0 Lakhs to ₹17.0 Lakhs per year
Shriram Finance State Collection Manager Salary - ₹10.0 Lakhs to ₹15.0 Lakhs per year
Electronica Finance State Collection Manager Salary - ₹7.2 Lakhs to ₹17.2 Lakhs per year

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

The estimated take-home salary of a State Collection Manager at Hero FinCorp ranges between ₹1,32,535 per month to ₹1,37,391 per month in India. The take-home salary calculation is based on the average Hero FinCorp State Collection Manager salary in India which ranges between ₹12.0 Lakhs to ₹27.4 Lakhs per year for employees with experience between 13 years to 25 years. Check how did we calculate take home salary?

What is the notice period for State Collection Manager at Hero FinCorp?

According to AmbitionBox, 80% of the Hero FinCorp State Collection Managers reported a notice period of 3 Months, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 25 responses on AmbitionBox in last 2 years.

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Hero FinCorp State Collection Manager Salaries

Hero FinCorp State Collection Manager salary in India ranges between ₹12 Lakhs to ₹27.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Hero FinCorp latest salaries received from various employees of Hero FinCorp.