Hero FinCorp State Collection Manager Salaries by 10+ Employees (Updated 2024)

13 - 25 years exp.

₹12 Lakhs - ₹27.4 Lakhs

Salary of majority employees

33% 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. (5 salaries)	₹12 L/yr - ₹25 L/yr

Last Updated: 14 Dec 2024

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 28% less
Shriram Finance State Collection Manager Salary 13 - 17 years exp. (6 salaries)	₹10 L/yr - ₹15 L/yr 35% less
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Electronica Finance State Collection Manager Salary 10 - 22 years exp. (3 salaries)	₹7.2 L/yr - ₹17.2 L/yr 49% less
SMFG India Credit State Collection Manager Salary 13 - 22 years exp. (37 salaries)	₹9.3 L/yr - ₹26.7 L/yr 22% less
Poonawalla Fincorp State Collection Manager Salary 10 - 19 years exp. (8 salaries)	₹10 L/yr - ₹20 L/yr 37% 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 17 latest salaries received from various employees of Hero FinCorp.

Experience wise Hero FinCorp State Collection Manager salaries

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹15 L/yr - ₹31.2 L/yr
14 years (AmbitionBox Estimate)	₹15 L/yr - ₹32.2 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

(11 salaries)

₹6 L/yr - ₹10.25 L/yr

Branch Collection Manager Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Collections Manager Salary

(319 salaries)

₹2.35 L/yr - ₹10.2 L/yr

Regional Collection Manager Salary

(3 salaries)

₹18 L/yr - ₹42 L/yr

Territory Collection Manager Salary

(12 salaries)

₹5.8 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

(16 salaries)

₹1 L/yr - ₹5.67 L/yr

Recovery Manager Salary

(3 salaries)

₹5 L/yr - ₹6.8 L/yr

Cluster Manager Salary

(84 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 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.

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.

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.

Dislikes

Company brand and policies good

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

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

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.

Dislikes

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

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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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 33% more than the average State Collection Manager Salary in India. Salary estimates are based on 17 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 33% 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
Shriram Finance State Collection Manager Salary - ₹10.0 Lakhs to ₹15.0 Lakhs per year
Poonawalla Fincorp State Collection Manager Salary - ₹10.0 Lakhs to ₹20.0 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 ₹1,34,206 per month to ₹1,39,138 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, 86% of the Hero FinCorp State Collection Managers reported a notice period of 3 Months, 9% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 21 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 17 Hero FinCorp latest salaries received from various employees of Hero FinCorp.