HSBC Bank Collection Officer Salaries by 4 Employees

4 - 7 years exp.

₹3.6 Lakhs - ₹5.4 Lakhs

Salary of majority employees

75% more than the average Collection Officer Salary in Banking Companies for 4 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collection Officer Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹5.4 L/yr
Customer Success, Service & Operations Collection Officer Salary 7 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.9 L/yr
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Sales & Business Development Collection Officer Salary 5 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹5.9 L/yr

Last Updated: 8 Jun 2023

Companies similar to HSBC Bank for Collection Officer

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Collection Officer Salary 0 - 8 years exp. (244 salaries)	₹1.3 L/yr - ₹4.2 L/yr 38% less
Jana Small Finance Bank Collection Officer Salary 1 - 6 years exp. (214 salaries)	₹1.3 L/yr - ₹4 L/yr 51% less
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AU Small Finance Bank Collection Officer Salary 1 - 8 years exp. (142 salaries)	₹1.1 L/yr - ₹4 L/yr 46% less
Bandhan Bank Collection Officer Salary 0 - 8 years exp. (113 salaries)	₹1.2 L/yr - ₹4.3 L/yr 42% less
IndusInd Bank Collection Officer Salary 0 - 10 years exp. (97 salaries)	₹1 L/yr - ₹4.8 L/yr 43% less
IDFC FIRST Bank Collection Officer Salary 1 - 9 years exp. (97 salaries)	₹1.8 L/yr - ₹4 L/yr 42% less
Kotak Mahindra Bank Collection Officer Salary 2 - 6 years exp. (50 salaries)	₹1.6 L/yr - ₹4.8 L/yr 42% less
Equitas Small Finance Bank Collection Officer Salary 3 - 8 years exp. (38 salaries)	₹1.4 L/yr - ₹3.5 L/yr 46% less	1 job opening
Standard Chartered Collection Officer Salary 2 - 7 years exp. (12 salaries)	₹2.6 L/yr - ₹4.2 L/yr 37% less
Barclays Collection Officer Salary 5 - 8 years exp. (3 salaries)	₹5.4 L/yr - ₹6.9 L/yr 25% more

Collection Officer salary at HSBC Bank ranges between ₹3.6 Lakhs to ₹5.4 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of HSBC Bank.

Experience wise HSBC Bank Collection Officer salaries

Last Updated: 8 Jun 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.3 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.4 L/yr
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6 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.4 L/yr
7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹9.7 L/yr

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Salary related reviews for HSBC Bank

5.0

Rated by 2 employees for salary & benefits

Relationship Manager in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 07 Sep 2024

3.0

for Salary and Benefits

Likes

*Steep learning curve * Work life balance * Ample leaves annually * Good for target oriented sales * Regular interaction with management

Work-life balance - Good

Dislikes

...less. * Bonus is dependent on manager relationship and not performance related. * Compensation is pretty average. * Internal movement requires strong recommendations, else doesn't happen.

Job security - Bad

+2 more

Customer Service Executive

Customer Success, Service & Operations Department

5.0

• posted on 09 Aug 2019

4.0

for Salary and Benefits

Likes

Good behavior of Seniora and executives,no any type of pressures no work load,and time to time salary credited in my account.

Salary - Good

+4 more

Dislikes

They are not increasing incentive amount, that's always same,45rs,it's not enough for us,and they are not giving traveling expense, that's the biggest reason for dislike

Customer Service Executive in Visakhapatnam

Customer Success, Service & Operations Department

5.0

• posted on 05 Sep 2018

5.0

for Salary and Benefits

Likes

...CE TO WORK, WE CAN HAVE A GOOD CAREER GROWTH,IT IS VERY SECURE AND GOOD CULTURE.SALARY IS ALSO GOOD AND WE HAVE HIKE FOR EVERY YEAR BEASED ON THE PERFORMANCE

Salary - Excellent

+6 more

Dislikes

The salary they paid is good but the salary is hike is very low every year, there are few processes where the work pressure is more. I use to get apprecaition from my managers but we do not have any promotions.

Operations Manager in Chennai

Full Time

Finance & Accounting Department

4.0

• posted on 27 Apr 2024

4.0

for Salary and Benefits

Likes

1) Hdpi finance will help you to grow better than trade finance department. 2) Yearly bonus 3) Job safety 4) Work life balance 5) Hybrid working for just 1 day working.

Salary - Good

+6 more

Dislikes

1) No work life balance in trade finance department

Assistant Manager Operations in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 23 Sep 2023

2.0

for Salary and Benefits

Likes

Employee friendly and supportive management. There are opportunities to grow as well in various field internally.

Job security - Excellent

+3 more

Dislikes

Salary is way too less given experience of people working and appraisals as well has been very disappointing.

Salary - Poor

+1 more

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HSBC Bank Collection Officer Salary FAQs

What is the salary of Collection Officer at HSBC Bank ?

The average salary of a Collection Officer at HSBC Bank in India typically ranges from ₹3.6 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Collection Officer at HSBC Bank earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Collection Officer Salaries at HSBC Bank 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 HSBC Bank employees in India.

What is the estimated take home salary of a Collection Officer at HSBC Bank in India?

The estimated take-home salary of a Collection Officer at HSBC Bank in India typically ranges from ₹35,860 to ₹37,087 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 4 years 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 4 salaries received from various employees of HSBC Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HSBC Bank for Collection Officer in India?

Barclays

₹5.4 Lakhs to ₹6.9 Lakhs per year

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

What is the salary of a Collection Officer in companies similar to HSBC Bank in India?

The salary of a Collection Officer at companies similar to HSBC Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Standard Chartered	₹2.6 Lakhs to ₹4.2 Lakhs per year
Ujjivan Small Finance Bank	₹1.3 Lakhs to ₹4.2 Lakhs per year
Bandhan Bank	₹1.2 Lakhs to ₹4.3 Lakhs per year
IDFC FIRST Bank	₹1.8 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindra Bank	₹1.6 Lakhs to ₹4.8 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 Officer at HSBC Bank in India?

The salary growth for a Collection Officer at HSBC Bank depends on factors such as experience, performance, and promotions. On average, a Collection Officer can expect the following growth trajectory at HSBC Bank:

Experience	Average Salary Range
4 years	₹3.6 Lakhs to ₹7.3 Lakhs per year
5 years	₹1.8 Lakhs to ₹5.4 Lakhs per year
6 years	₹2.1 Lakhs to ₹5.4 Lakhs per year
7 years	₹5.4 Lakhs to ₹9.7 Lakhs per year

and so on.

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HSBC Bank Collection Officer Salaries

HSBC Bank Collection Officer salary in India ranges between ₹3.6 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HSBC Bank latest salaries received from various employees of HSBC Bank.