Home Credit Finance Area Collection Manager Salaries by 4 Employees

10 - 15 years exp.

₹5.5 Lakhs - ₹9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

37% less than the average Area Collection Manager Salary in NBFC Companies for 10 - 15 years of experience

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Last Updated: 11 Mar 2023

Companies similar to Home Credit Finance for Area Collection Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Area Collection Manager Salary 5 - 15 years exp. (226 salaries)	₹5.1 L/yr - ₹18 L/yr 82% more
HDB Financial Services Area Collection Manager Salary 9 - 19 years exp. (154 salaries)	₹7 L/yr - ₹17.2 L/yr 102% more	1 job opening
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L&T Finance Area Collection Manager Salary 5 - 16 years exp. (134 salaries)	₹3.5 L/yr - ₹12.5 L/yr 37% more
TVS Credit Area Collection Manager Salary 7 - 19 years exp. (100 salaries)	₹7.1 L/yr - ₹17.5 L/yr 122% more
Mahindra Finance Area Collection Manager Salary 8 - 16 years exp. (79 salaries)	₹3.8 L/yr - ₹11.6 L/yr 18% more	2 job openings
Aditya Birla Finance Area Collection Manager Salary 10 - 18 years exp. (33 salaries)	₹9.8 L/yr - ₹18.2 L/yr 151% more
Tata Capital Area Collection Manager Salary 7 - 16 years exp. (31 salaries)	₹4.3 L/yr - ₹13.1 L/yr 67% more	15 job openings
Aavas Financiers Area Collection Manager Salary 2 - 8 years exp. (27 salaries)	₹3.3 L/yr - ₹6 L/yr 21% less
Tata Motors Finance Area Collection Manager Salary 4 - 13 years exp. (23 salaries)	₹2.5 L/yr - ₹9.1 L/yr 7% less
SMFG India Credit Area Collection Manager Salary 3 - 18 years exp. (22 salaries)	₹3.1 L/yr - ₹9.3 L/yr 16% more
Piramal Capital Housing Finance Area Collection Manager Salary 10 - 19 years exp. (16 salaries)	₹9.7 L/yr - ₹16.8 L/yr 126% more
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Shriram Finance Area Collection Manager Salary 3 - 20 years exp. (14 salaries)	₹3.6 L/yr - ₹10.2 L/yr 20% more
Mahindra Rural Housing Finance Area Collection Manager Salary 12 - 19 years exp. (12 salaries)	₹8 L/yr - ₹22 L/yr 198% more
John Deere Financial Area Collection Manager Salary 8 - 16 years exp. (8 salaries)	₹8.3 L/yr - ₹13.5 L/yr 110% more
IIFL Finance Area Collection Manager Salary 10 - 16 years exp. (6 salaries)	₹3.1 L/yr - ₹11.5 L/yr 40% more
Satin Creditcare Network Area Collection Manager Salary 6 - 11 years exp. (6 salaries)	₹3.6 L/yr - ₹4.2 L/yr 26% less
Manappuram Finance Area Collection Manager Salary 15 - 22 years exp. (6 salaries)	₹8.6 L/yr - ₹17.9 L/yr 83% more
Muthoot Finance Area Collection Manager Salary 4 - 13 years exp. (5 salaries)	₹3 L/yr - ₹10 L/yr 20% more
Bharat Financial Inclusion Area Collection Manager Salary 2 - 18 years exp. (4 salaries)	₹1.8 L/yr - ₹12 L/yr 1% more
SK Finance Limited Area Collection Manager Salary 6 - 10 years exp. (4 salaries)	₹4.5 L/yr - ₹7.9 L/yr 6% more

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Area Collection Manager salary at Home Credit Finance ranges between ₹5.5 Lakhs to ₹9 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Home Credit Finance.

Experience wise Home Credit Finance Area Collection Manager salaries

Last Updated: 11 Mar 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹7 L/yr
11 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
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12 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
13 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹7.5 L/yr
14 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.1 L/yr
15+ years (AmbitionBox Estimate)	₹2.5 L/yr - ₹9 L/yr

View all

Similar Designation salaries in Home Credit Finance

Zonal Collection Manager Salary

(AmbitionBox Estimate)

₹15.8 L/yr - ₹20.1 L/yr

Collections Manager Salary

(32 salaries)

₹2.5 L/yr - ₹6.2 L/yr

Regional Collection Manager Salary

(4 salaries)

₹13.5 L/yr - ₹23 L/yr

Collection Officer Salary

(45 salaries)

₹1.5 L/yr - ₹3.6 L/yr

Senior Collection Officer Salary

(7 salaries)

₹1.9 L/yr - ₹3.6 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹7.5 L/yr - ₹9.5 L/yr

Recovery Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Branch Manager Salary

(3 salaries)

₹0.5 L/yr - ₹7 L/yr

Agency Manager Salary

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₹3.6 L/yr - ₹5.5 L/yr

Cluster Manager Salary

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₹4.1 L/yr - ₹9 L/yr

Salary related reviews for Home Credit Finance

5.0

Rated by 3 employees for salary & benefits

Team Lead in Bangalore / Bengaluru

Full Time

Risk management Department

5.0

• posted on 11 Sep 2018

5.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love that fact that I am a part of a team. Another plus point is that my colleagues come from various culture backgrounds, and we work happily in collaboration. I also like the employee re-hire policy here

Salary - Excellent

+6 more

Dislikes

Compensation is decent, and growth is fast. The work pressure is high. Sometimes, I have to work late night also. And our managers is giveing good values to employees and appreciations. I love to work here.

Collection Associate in Gurgaon / Gurugram

Other Department

1.0

• posted on 23 Jul 2022

1.0

for Salary and Benefits

Likes

Nothing to like in Organisation.

Dislikes

No timeline for salary. No incentives given on time. Unnecessary pressure. Dirty politics. Religious politics inside staffing. Not paying as per market Standard. Hire & Fire ..

Salary - Bad

+6 more

Sales Executive in Nagpur Maharashtra

Sales & Business Development Department

5.0

• posted on 04 Aug 2020

5.0

for Salary and Benefits

Likes

...gement is transparent.there is a huge cafeteria and gaming arcade for chilling .company policies are good , appraisals are fair and they give good salary hike and bonus every year .

Salary - Excellent

+6 more

Collection Officer in Indore

Other Department

5.0

• posted on 10 Jul 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Nothing

Sales Executive

4.0

• posted on 10 Oct 2018

4.0

for Salary and Benefits

Likes

...nt is good enough.Teammates and reporting superiors are just like family member.You will get salary on time even one day advance.

Salary - Good

+3 more

Dislikes

Work pressure is very high.You have to present in market 12 to 13 hours regular basis which is a pain sometimes.

Work-life balance - Poor

see more salary related reviews

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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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Home Credit Finance Area Collection Manager Salary FAQs

What is the salary of Area Collection Manager at Home Credit Finance ?

The average salary of a Area Collection Manager at Home Credit Finance in India typically ranges from ₹5.5 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 10 years to 15 years).

The top 10% of Area Collection Manager at Home Credit Finance earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Area Collection Manager Salaries at Home Credit Finance 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 Home Credit Finance employees in India.

What is the estimated take home salary of a Area Collection Manager at Home Credit Finance in India?

The estimated take-home salary of a Area Collection Manager at Home Credit Finance in India typically ranges from ₹42,525 to ₹43,652 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 10 years to 15 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 Home Credit Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Home Credit Finance for Area Collection Manager in India?

Mahindra Rural Housing Finance	₹8.0 Lakhs to ₹22.0 Lakhs per year
Aditya Birla Finance	₹9.8 Lakhs to ₹18.2 Lakhs per year
Piramal Capital Housing Finance	₹9.7 Lakhs to ₹16.8 Lakhs per year
TVS Credit	₹7.1 Lakhs to ₹17.5 Lakhs per year
John Deere Financial	₹8.3 Lakhs to ₹13.5 Lakhs per year

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

What is the salary of a Area Collection Manager in companies similar to Home Credit Finance in India?

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

HDB Financial Services	₹7.0 Lakhs to ₹17.2 Lakhs per year
Manappuram Finance	₹8.6 Lakhs to ₹17.9 Lakhs per year
Bajaj Finance	₹5.1 Lakhs to ₹18.0 Lakhs per year
Tata Capital	₹4.3 Lakhs to ₹13.1 Lakhs per year
IIFL Finance	₹3.1 Lakhs to ₹11.5 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 Area Collection Manager at Home Credit Finance in India?

The salary growth for a Area Collection Manager at Home Credit Finance depends on factors such as experience, performance, and promotions. On average, a Area Collection Manager can expect the following growth trajectory at Home Credit Finance:

Experience	Average Salary Range
10 years	₹2.3 Lakhs to ₹7.0 Lakhs per year
11 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
12 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
13 years	₹2.4 Lakhs to ₹7.5 Lakhs per year

and so on.

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Home Credit Finance Area Collection Manager Salaries

Home Credit Finance Area Collection Manager salary in India ranges between ₹5.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Home Credit Finance latest salaries received from various employees of Home Credit Finance.