HSBC Group Collection Officer Salaries by 6 Employees

4 - 11 years exp.

₹3.7 Lakhs - ₹6.1 Lakhs

Low Confidence

Salary of majority employees

92% more than the average Collection Officer Salary in Financial Services Companies for 4 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations Collection Officer Salary 4 - 11 years exp. (4 salaries)	₹3.7 L/yr - ₹5.2 L/yr
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Finance & Accounting Collection Officer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr

Last Updated: 15 Mar 2023

Companies similar to HSBC Group for Collection Officer

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Collection Officer Salary 2 - 7 years exp. (12 salaries)	₹2.6 L/yr - ₹4.2 L/yr 42% less
ICICI Bank Collection Officer Salary 2 - 7 years exp. (60 salaries)	₹1.2 L/yr - ₹3.6 L/yr 52% less
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Axis Bank Collection Officer Salary 1 - 10 years exp. (28 salaries)	₹1.2 L/yr - ₹3.8 L/yr 51% less
HDFC Bank Collection Officer Salary 0 - 8 years exp. (362 salaries)	₹1.2 L/yr - ₹4 L/yr 51% less
State Bank of India Collection Officer Salary 5 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹4 L/yr 28% less
Kotak Mahindra Bank Collection Officer Salary 2 - 8 years exp. (57 salaries)	₹1.6 L/yr - ₹4.8 L/yr 47% less
IndusInd Bank Collection Officer Salary 0 - 10 years exp. (101 salaries)	₹1.4 L/yr - ₹4.5 L/yr 47% less
RBL Bank Collection Officer Salary 0 - 6 years exp. (39 salaries)	₹1.8 L/yr - ₹3.8 L/yr 52% less
Cholamandalam Investment & Finance Collection Officer Salary 2 - 7 years exp. (58 salaries)	₹1.5 L/yr - ₹4.2 L/yr 50% less
IDFC FIRST Bharat Collection Officer Salary 0 - 6 years exp. (33 salaries)	₹1.2 L/yr - ₹4 L/yr 55% less
HDFC Sales Collection Officer Salary 1 - 9 years exp. (27 salaries)	₹1.7 L/yr - ₹4 L/yr 45% less
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Aditya Birla Capital Collection Officer Salary 2 - 7 years exp. (21 salaries)	₹2.5 L/yr - ₹5 L/yr 31% less
Citicorp Collection Officer Salary 1 - 6 years exp. (7 salaries)	₹3 L/yr - ₹5 L/yr 24% less
Capri Global Housing Finance Collection Officer Salary 2 - 6 years exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 51% less
The Muthoot Group Collection Officer Salary 3 - 6 years exp. (5 salaries)	₹2.2 L/yr - ₹2.6 L/yr 56% less
RBL FinServe Collection Officer Salary 1 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹3 L/yr 56% less
American Express Collection Officer Salary 1 - 8 years exp. (3 salaries)	₹3.6 L/yr - ₹12 L/yr 25% more
JPMorgan Chase & Co. Collection Officer Salary 0 - 13 years exp. (3 salaries)	₹5 L/yr - ₹8.5 L/yr 41% more

Collection Officer salary at HSBC Group ranges between ₹3.7 Lakhs to ₹6.1 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 6 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Collection Officer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹9.3 L/yr
5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.2 L/yr
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6 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹9.4 L/yr
11 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹9.4 L/yr

View all

Similar Designation salaries in HSBC Group

Collections Manager Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Senior Collection Officer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Collection Associate Salary

(6 salaries)

₹2.05 L/yr - ₹5.8 L/yr

Sales Officer Salary

(3 salaries)

₹2.2 L/yr - ₹4.18 L/yr

Relationship Officer Salary

(6 salaries)

₹1.2 L/yr - ₹3.1 L/yr

Field Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Officer Salary

(14 salaries)

₹1.05 L/yr - ₹5 L/yr

Computer Operator Salary

(4 salaries)

₹0.5 L/yr - ₹3.5 L/yr

Sales Manager Salary

(4 salaries)

₹5 L/yr - ₹6 L/yr

Sales Executive Salary

(6 salaries)

₹1.56 L/yr - ₹5.9 L/yr

Salary related reviews for HSBC Group

2.5

Rated by 2 employees for salary & benefits

Customer Service Executive in Hyderabad / Secunderabad

Customer Service Department

4.0

• posted on 24 Sep 2020

5.0

for Salary and Benefits

Likes

Like the work culture here, during the pandemic when other companies were struggling to pay their employees HSBC paid the salary to their employees without any salary cut. They try to retain their employees by helping them in every possible ways.

Salary - Excellent

+6 more

Dislikes

There is nothing that I dislike about HSBC.

Customer Service Executive in Hyderabad / Secunderabad

UKCC Department

5.0

• posted on 01 Oct 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

+5 more

Dislikes

There is a lot of politics and the management doesn’t address our issues.

Customer Service Executive in Hyderabad / Secunderabad

Payments Department

5.0

• posted on 08 Mar 2019

5.0

for Salary and Benefits

Likes

Company takes care of employees well, provides good hikes and bonus.

Salary - Excellent

+3 more

Dislikes

No career growth in the company. For an analyst has very less options to apply for next level that is Manager level. It could have been great if their was a segregation among Analyst like Junior and senior.

Customer Service Executive in Bangalore / Bengaluru

Finance & Accounting Department

4.0

• posted on 04 Jun 2018

4.0

for Salary and Benefits

Likes

...e stand for yourself as there will be some people who will try to degrade you.Salary I feel what they pay in Hsbc is quite good and satisfying and there are chances they will send you to onshore in your performance is excellent.

Salary - Good

+5 more

Dislikes

What I dislike about Hsbc is there are icats which does not allow you to do non production work you will always on production code and nothing else is bad in Hsbc.

Customer Service Executive in Visakhapatnam

Data Science & Analytics Department

4.0

• posted on 07 May 2019

3.0

for Salary and Benefits

Likes

The company integrity os great and the best part is support from managers and also seniors. I learnt a lot from this company. And also our colleagues are beat supportive .

Skill development - Good

+3 more

Dislikes

Compensation is decent but growth is slow. The work pressure is very high sometimes almost most of the times we have to work for 12-13 hrs and also saturdays Overtime.

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HSBC Group Collection Officer Salary FAQs

What is the salary of Collection Officer at HSBC Group ?

The average salary of a Collection Officer at HSBC Group in India typically ranges from ₹3.7 Lakhs to ₹6.1 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of Collection Officer at HSBC Group earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Collection Officer Salaries at HSBC Group 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 6 HSBC Group employees in India.

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

The estimated take-home salary of a Collection Officer at HSBC Group in India typically ranges from ₹39,219 to ₹40,396 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹6.1 Lakhs per year for employees with experience ranging from 4 years to 11 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 6 salaries received from various employees of HSBC Group. Check how we calculate in-hand salary with our in-hand salary calculator.

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

JPMorgan Chase & Co.	₹5.0 Lakhs to ₹8.5 Lakhs per year
American Express	₹3.6 Lakhs to ₹12.0 Lakhs per year

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

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

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

Citicorp	₹3.0 Lakhs to ₹5.0 Lakhs per year
State Bank of India	₹3.6 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Capital	₹2.5 Lakhs to ₹5.0 Lakhs per year
Standard Chartered	₹2.6 Lakhs to ₹4.2 Lakhs per year
HDFC Sales	₹1.7 Lakhs to ₹4.0 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 Group in India?

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

Experience	Average Salary Range
4 years	₹3.7 Lakhs to ₹9.3 Lakhs per year
5 years	₹4.7 Lakhs to ₹5.2 Lakhs per year
6 years	₹2.1 Lakhs to ₹6.1 Lakhs per year
7 years	₹4.7 Lakhs to ₹6.0 Lakhs per year

and so on.

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HSBC Group Collection Officer Salaries

HSBC Group Collection Officer salary in India ranges between ₹3.7 Lakhs to ₹6.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HSBC Group latest salaries received from various employees of HSBC Group.