Home Credit Finance Surat Collections Executive Salaries by 4 Employees

3 - 6 years exp.

₹1.7 Lakh - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

7% more than the average Collections Executive Salary in NBFC Companies for 3 - 6 years of experience

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Salaries in different departments

Legal & Regulatory Collections Executive Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3 L/yr
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Risk Management & Compliance Collections Executive Salary 5 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 L/yr

Last Updated: 20 Jan 2024

Companies similar to Home Credit Finance for Collections Executive in Surat

Home Credit Finance Collections Executive Salary

3 - 6 years exp. (4 salaries)

₹1.7 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Collections Executive Salary 0 - 7 years exp. (9 salaries)	₹2 L/yr - ₹3.1 L/yr 5% less
L&T Finance Collections Executive Salary 1 - 7 years exp. (4 salaries)	₹2.4 L/yr - ₹3.5 L/yr 14% more
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Tata Capital Collections Executive Salary 1 - 4 years exp. (3 salaries)	₹2.3 L/yr - ₹3.6 L/yr 7% more	15 job openings
Mahindra Holidays & Resorts Collections Executive Salary 2 - 7 years exp. (7 salaries)	₹2.8 L/yr - ₹4.6 L/yr 25% more	2 job openings
IDFC FIRST Bank Collections Executive Salary 0 - 5 years exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 2% less

Collections Executive salary at Home Credit Finance ranges between ₹1.7 Lakh to ₹3 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Home Credit Finance.

Experience wise Home Credit Finance Collections Executive salaries in Surat

Last Updated: 20 Jan 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.3 L/yr

Top skills at Home Credit Finance for Collections Executive

Billing Collections Invoice Processing DPT Reconciliation NBFC Invoicing Accounts Payable Recovery Dispute Management Accounts Receivable

Salary related reviews for Home Credit Finance

2.3

Rated by 5 employees for salary & benefits

Collections Executive in Nagpur

Other Department

5.0

• posted on 26 Jun 2022

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

+1 more

Dislikes

There is a lot politics and the management doesn't address our issues. Salary is decent but carrier growth is slow. There is a bond of 2 years before which you cannot resing. On the job training is not given to new joinees.

Collections Executive in Ludhiana

Other Department

5.0

• posted on 11 Mar 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture,Management is good n help full, company polices are good,and give good salary hike

Salary - Excellent

+6 more

Dislikes

Some time management ignore our issues on job, salary is decent but career growth is slow.

Collections Executive in Sonari

Product Management Department

3.0

• posted on 20 Nov 2021

4.0

for Salary and Benefits

Likes

...nagement is transparent.There is a huge cafeteria and gaming arcadefor chilling. Company policy are good, appraisals are fairand they give good salary hike and bonus every year.

Salary - Good

+2 more

Dislikes

There is a lot of politics and the management doesn't address our issues.Salary is decent but career growth is slow.There is a bond of 2 years before which you cannot resign.

Promotions - Poor

Collections Executive in Ahmedabad

BFSI, Investments & Trading Department

5.0

• posted on 10 Apr 2021

3.0

for Salary and Benefits

Likes

...are supportive and the management is transparent. Company policies are very bad. They don't give good salary and bonus every year.

Skill development - Excellent

+3 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

Job security - Bad

+1 more

Collections Executive in Ernakulam

Other Department

5.0

• posted on 13 Aug 2018

4.0

for Salary and Benefits

Likes

it was a good experience i got.i get 10 days training in bangalore.i saw my head office its owesome and my trainer and his training was marvellous simply understandable.my job is also good .iam working homecredit as a collection executivr

Salary - Good

+4 more

Dislikes

mainly the reason is salary issue..no increment in salary and the collection location has so far

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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 Collections Executive Salary FAQs

What is the salary of Collections Executive at Home Credit Finance in Surat?

The average salary of a Collections Executive at Home Credit Finance in Surat typically ranges from ₹1.7 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Collections Executive in Surat at Home Credit Finance earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Collections Executive 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 Collections Executive at Home Credit Finance in Surat?

The estimated take-home salary of a Collections Executive at Home Credit Finance in Surat typically ranges from ₹19,980 to ₹21,643 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 3 years to 6 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.

What are the key skills required to be a Collections Executive at Home Credit Finance in Surat?

To be a Collections Executive at Home Credit Finance in Surat, the key skills required include:

- Billing
- Collections
- Invoice Processing
- DPT
- Reconciliation

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 Collections Executive in India?

Mahindra Holidays & Resorts	₹2.8 Lakhs to ₹4.6 Lakhs per year
L&T Finance	₹2.4 Lakhs to ₹3.5 Lakhs per year
Tata Capital	₹2.3 Lakhs to ₹3.6 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 Collections Executive in companies similar to Home Credit Finance in Surat?

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

IDFC FIRST Bank	₹2.0 Lakhs to ₹3.5 Lakhs per year
Bajaj Finance	₹2.0 Lakhs to ₹3.1 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 Executive at Home Credit Finance in Surat?

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

Experience	Average Salary Range
3 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
5 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
6 years	₹2.5 Lakhs to ₹3.3 Lakhs per year

and so on.

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Home Credit Finance Collections Executive Salaries in Surat

Home Credit Finance Collections Executive salary in Surat ranges between ₹1.7 Lakh to ₹3 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.