Home Credit Finance Collection Associate Salaries by 30+ Employees

1 - 7 years exp.

₹1.4 Lakh - ₹3.5 Lakhs

Salary of majority employees

20% less than the average Collection Associate Salary in NBFC Companies for 1 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations Collection Associate Salary 1 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹2.6 L/yr
Risk Management & Compliance Collection Associate Salary 3 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹3 L/yr
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Sales & Business Development Collection Associate Salary 5 years exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹2.5 L/yr

Last Updated: 22 Mar 2024

Companies similar to Home Credit Finance for Collection Associate

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Collection Associate Salary 0 - 12 years exp. (343 salaries)	₹1.7 L/yr - ₹4.7 L/yr 27% more	5 job openings
Tata Motors Finance Collection Associate Salary 0 - 5 years exp. (23 salaries)	₹1.5 L/yr - ₹4.5 L/yr 4% less
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Mahindra Finance Collection Associate Salary 0 - 7 years exp. (13 salaries)	₹2.2 L/yr - ₹3.5 L/yr 6% more
IIFL Finance Collection Associate Salary 4 - 16 years exp. (4 salaries)	₹2.5 L/yr - ₹3.9 L/yr 33% more
Aye Finance Collection Associate Salary 2 - 12 years exp. (4 salaries)	₹2.2 L/yr - ₹3.2 L/yr 11% more
Spandana Sphoorty Financial Collection Associate Salary 1 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹3.5 L/yr 6% more
TVS Credit Collection Associate Salary 2 - 5 years exp. (4 salaries)	₹1.2 L/yr - ₹3.2 L/yr 24% less
Shriram Finance Collection Associate Salary 4 - 6 years exp. (4 salaries)	₹2 L/yr - ₹4.1 L/yr 29% more
L&T Finance Collection Associate Salary 3 - 11 years exp. (4 salaries)	₹1.9 L/yr - ₹4.8 L/yr 11% more
Tata Capital Collection Associate Salary 2 - 4 years exp. (4 salaries)	₹1.4 L/yr - ₹4 L/yr 30% more
Mahindra Rural Housing Finance Collection Associate Salary 2 - 7 years exp. (3 salaries)	₹1.6 L/yr - ₹2.4 L/yr 17% less
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Collection Associate salary at Home Credit Finance ranges between ₹1.4 Lakh to ₹3.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 32 latest salaries received from various employees of Home Credit Finance.

Experience wise Home Credit Finance Collection Associate salaries

Last Updated: 22 Mar 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.6 L/yr - ₹4.1 L/yr
2 years (3 salaries)	₹2.3 L/yr - ₹3 L/yr
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3 years (6 salaries)	₹1.8 L/yr - ₹3 L/yr
4 years (4 salaries)	₹1.4 L/yr - ₹4.5 L/yr
5 years (10 salaries)	₹1.4 L/yr - ₹3.2 L/yr
6 years (4 salaries)	₹2 L/yr - ₹3.2 L/yr
7 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.5 L/yr

View all

Similar Designation salaries in Home Credit Finance

Senior Associate Salary

(144 salaries)

₹1.45 L/yr - ₹5 L/yr

Collection Officer Salary

(45 salaries)

₹1.5 L/yr - ₹3.6 L/yr

Process Associate Salary

(4 salaries)

₹1.6 L/yr - ₹3 L/yr

Senior Analyst Salary

(55 salaries)

₹3.5 L/yr - ₹11.45 L/yr

Financial Analyst Salary

(7 salaries)

₹2 L/yr - ₹6.34 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Sales Executive Salary

(389 salaries)

₹1 L/yr - ₹4.24 L/yr

Relationship Officer Salary

(3 salaries)

₹3 L/yr - ₹3.2 L/yr

Sales Officer Salary

(41 salaries)

₹1.5 L/yr - ₹3.8 L/yr

Sales Manager Salary

(45 salaries)

₹1.8 L/yr - ₹6 L/yr

Top skills at Home Credit Finance for Collection Associate

Recovery Operations Finance Team Handling Collections Payment Collection Debt Management Team Management Accounts Receivable Collection Management Sales Cash Collection Recovery Customer Service Debt Recovery Credit Collection

Salary related reviews for Home Credit Finance

3.9

Rated by 18 employees for salary & benefits

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

Senior Associate in Indore

Full Time

Risk Management & Compliance Department

4.0

• posted on 03 Oct 2023

3.0

for Salary and Benefits

Likes

I have worked in home credit more then 5 years,got a very good work place,very good all the people,had the corona crisis not happened may be still here all the time, over all it is a good time in home credit.

Skill development - Good

+4 more

Dislikes

Salary was not good I have worked more then 5 years but no any increment there

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.

Senior Associate in Nagpur

Finance & Accounting Department

5.0

• posted on 28 Jan 2022

5.0

for Salary and Benefits

Likes

...onment and culture. Teammates are supportive and the management 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 every year

Salary - Excellent

+6 more

Dislikes

Senior Associate in Ranchi

Finance & Accounting Department

5.0

• posted on 05 Apr 2022

3.0

for Salary and Benefits

Likes

All over company was excellent but during the last period. I.e., 31st January 22 the decision of the company was not fair regarding the performer.

Skill development - Excellent

+4 more

Dislikes

Basic salary was not optimum & promotion was not relevant with time

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Home Credit Finance

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a technical project manager

PMP Certification

Hello Everyone, Need some guidance on PMP Certification. Firstly, If someone can guide me, is it beneficial to have this certification? Second, for the 35hours of PDU mandatory criteria for PMP. Can i do the Google Project Management: Professional Certificate. Is that Valid? Thanks In Advance!

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Home Credit Finance Collection Associate Salary FAQs

What is the salary of Collection Associate at Home Credit Finance ?

The average salary of a Collection Associate at Home Credit Finance in India typically ranges from ₹1.4 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Collection Associate at Home Credit Finance earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Collection Associate 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 30+ Home Credit Finance employees in India.

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

The estimated take-home salary of a Collection Associate at Home Credit Finance in India typically ranges from ₹17,457 to ₹19,158 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 1 year to 7 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 Home Credit Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Collection Associate at Home Credit Finance ?

To be a Collection Associate at Home Credit Finance in india, the key skills required include:

- Recovery Operations
- Finance
- Team Handling
- Collections
- Payment Collection

These skills are highly valued at Home Credit Finance and are crucial for successful performance in a Software Engineering role.

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

IIFL Finance	₹2.5 Lakhs to ₹3.9 Lakhs per year
Tata Capital	₹1.4 Lakhs to ₹4.0 Lakhs per year
Shriram Finance	₹2.0 Lakhs to ₹4.1 Lakhs per year
HDB Financial Services	₹1.7 Lakhs to ₹4.7 Lakhs per year
Aye Finance	₹2.2 Lakhs to ₹3.2 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 Collection Associate in companies similar to Home Credit Finance in India?

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

L&T Finance	₹1.9 Lakhs to ₹4.8 Lakhs per year
Spandana Sphoorty Financial	₹2.1 Lakhs to ₹3.5 Lakhs per year
Mahindra Finance	₹2.2 Lakhs to ₹3.5 Lakhs per year
Tata Motors Finance	₹1.5 Lakhs to ₹4.5 Lakhs per year
Mahindra Rural Housing Finance	₹1.6 Lakhs to ₹2.4 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 Collection Associate at Home Credit Finance in India?

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

Experience	Average Salary Range
1 year	₹1.6 Lakhs to ₹4.1 Lakhs per year
2 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
3 years	₹1.8 Lakhs to ₹3.0 Lakhs per year
4 years	₹1.4 Lakhs to ₹4.5 Lakhs per year

and so on.

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Home Credit Finance Collection Associate Salaries

Home Credit Finance Collection Associate salary in India ranges between ₹1.4 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 Home Credit Finance latest salaries received from various employees of Home Credit Finance.

Home Credit Finance Collection Associate salaries in India

Companies similar to Home Credit Finance for Collection Associate

Latest annual salaries shared by Home Credit Finance Collection Associate

Experience wise Home Credit Finance Collection Associate salaries

Similar Designation salaries in Home Credit Finance

Top skills at Home Credit Finance for Collection Associate

Salary related reviews for Home Credit Finance

Collection Associate in Gurgaon / Gurugram

Senior Associate in Indore

Team Lead in Bangalore / Bengaluru

Senior Associate in Nagpur

Senior Associate in Ranchi

Home Credit Finance Collection Associate Salary FAQs

Tell us how to improve this page.

Home Credit Finance Collection Associate Salaries by Location