IIFL Finance Collections Manager Salaries by 50+ Employees (Updated 2025)

3 - 11 years exp.

₹2.8 Lakhs - ₹7.3 Lakhs

Salary of majority employees

16% less than the average Collections Manager Salary in NBFC Companies for 3 - 11 years of experience

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Salaries in different departments

Finance & Accounting Collections Manager Salary 3 - 11 years exp. (18 salaries)	₹3 L/yr - ₹7 L/yr
BFSI, Investments & Trading Collections Manager Salary 3 - 11 years exp. (17 salaries)	₹2.8 L/yr - ₹7.3 L/yr
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Sales & Business Development Collections Manager Salary 3 - 4 years exp. (4 salaries)	₹3.4 L/yr - ₹3.7 L/yr
Risk Management & Compliance Collections Manager Salary 5 - 7 years exp. (3 salaries)	₹4.1 L/yr - ₹6 L/yr

Last Updated: 27 Jan 2025

Companies similar to IIFL Finance for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Collections Manager Salary 4 - 12 years exp. (4 salaries)	₹3 L/yr - ₹5.5 L/yr 15% less
Edelweiss Collections Manager Salary 3 - 15 years exp. (14 salaries)	₹3.5 L/yr - ₹10.5 L/yr 36% more
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Axis Direct Collections Manager Salary 4 - 9 years exp. (7 salaries)	₹2.6 L/yr - ₹5.5 L/yr 26% less
Bajaj Finance Collections Manager Salary 0 - 10 years exp. (263 salaries)	₹1.3 L/yr - ₹7.5 L/yr 3% less
Tata Capital Collections Manager Salary 3 - 13 years exp. (287 salaries)	₹2.4 L/yr - ₹9.5 L/yr 31% more	12 job openings
HDB Financial Services Collections Manager Salary 2 - 17 years exp. (338 salaries)	₹2.8 L/yr - ₹9 L/yr 33% more	4 job openings
SMFG India Credit Collections Manager Salary 4 - 11 years exp. (189 salaries)	₹2 L/yr - ₹8.1 L/yr 3% more
L&T Finance Collections Manager Salary 4 - 12 years exp. (181 salaries)	₹2.4 L/yr - ₹9.4 L/yr 22% more
Mahindra Rural Housing Finance Collections Manager Salary 1 - 10 years exp. (134 salaries)	₹1.2 L/yr - ₹5.5 L/yr 38% less
Kotak Mahindra Prime Collections Manager Salary 3 - 10 years exp. (131 salaries)	₹2.3 L/yr - ₹9 L/yr At par
Shriram Finance Collections Manager Salary 4 - 10 years exp. (114 salaries)	₹2.2 L/yr - ₹6 L/yr 16% less
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Aditya Birla Finance Collections Manager Salary 0 - 11 years exp. (110 salaries)	₹3.6 L/yr - ₹10.8 L/yr 36% more
TVS Credit Collections Manager Salary 3 - 15 years exp. (80 salaries)	₹3.2 L/yr - ₹6.6 L/yr 10% more
Mahindra Finance Collections Manager Salary 2 - 10 years exp. (79 salaries)	₹1.5 L/yr - ₹5.5 L/yr 24% less
Piramal Capital Housing Finance Collections Manager Salary 3 - 11 years exp. (38 salaries)	₹2.5 L/yr - ₹9.2 L/yr 25% more
Aavas Financiers Collections Manager Salary 2 - 7 years exp. (34 salaries)	₹2 L/yr - ₹5 L/yr 29% less
Home Credit Finance Collections Manager Salary 3 - 13 years exp. (32 salaries)	₹2.5 L/yr - ₹6.2 L/yr 16% less
Poonawalla Fincorp Collections Manager Salary 6 - 16 years exp. (28 salaries)	₹3 L/yr - ₹9.8 L/yr 31% more	1 job opening
Manappuram Finance Collections Manager Salary 2 - 15 years exp. (13 salaries)	₹3 L/yr - ₹6.5 L/yr 4% less
Muthoot Fincorp Collections Manager Salary 4 - 11 years exp. (12 salaries)	₹2.7 L/yr - ₹6.8 L/yr 11% less

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Collections Manager salary at IIFL Finance ranges between ₹2.8 Lakhs to ₹7.3 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 55 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Collections Manager salaries

Last Updated: 27 Jan 2025

Experience	Avg Annual Salary
3 years (5 salaries)	₹2.8 L/yr - ₹7.9 L/yr
4 years (5 salaries)	₹3.6 L/yr - ₹5 L/yr
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5 years (3 salaries)	₹3.1 L/yr - ₹8.2 L/yr
6 years (6 salaries)	₹3.5 L/yr - ₹6 L/yr
7 years (5 salaries)	₹4.3 L/yr - ₹6 L/yr
8 years (7 salaries)	₹3 L/yr - ₹7 L/yr
9 years (6 salaries)	₹3.2 L/yr - ₹5.8 L/yr
10 years (14 salaries)	₹3 L/yr - ₹6.5 L/yr
11 years (4 salaries)	₹3.8 L/yr - ₹7.3 L/yr

View all

Similar Designation salaries in IIFL Finance

Collection Officer Salary

(65 salaries)

₹2.1 L/yr - ₹4.8 L/yr

Area Collection Manager Salary

(6 salaries)

₹3.05 L/yr - ₹11.52 L/yr

Zonal Collection Manager Salary

(6 salaries)

₹10 L/yr - ₹31 L/yr

Collection Associate Salary

(4 salaries)

₹2.5 L/yr - ₹3.9 L/yr

Branch Collection Manager Salary

(5 salaries)

₹3.15 L/yr - ₹4 L/yr

Cluster Manager Salary

(17 salaries)

₹3.7 L/yr - ₹7.5 L/yr

Relationship Manager Salary

(435 salaries)

₹0.9 L/yr - ₹6 L/yr

Recovery Manager Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Branch Manager Salary

(992 salaries)

₹2.2 L/yr - ₹8 L/yr

Agency Manager Salary

(4 salaries)

₹4.5 L/yr - ₹6 L/yr

Top skills at IIFL Finance for Collections Manager

Collection Management Collections Team Handling Communication Skills Senior Management Gold Loan Recovery Loans SME Legal agency Business Loan bl

Salary related reviews for IIFL Finance

4.2

Rated by 19 employees for salary & benefits

Branch Manager in Dholka

Full Time

Other Department

3.0

• posted on 16 Nov 2024

1.0

for Salary and Benefits

Likes

Good scheams to serve customers

Skill development - Excellent

Dislikes

Giving low salary and huge pressure over work load more than salary. Hieringe from compitition with huge salary but not giving them who are wintage and loyal to the company.

Salary - Bad

+4 more

Area Manager in Guwahati

Full Time

Sales & Business Development Department

4.0

• posted on 04 Oct 2023

4.0

for Salary and Benefits

Likes

Good Culture, Good Management, Employee Partnership Program ESOP, Bonus

Salary - Good

+6 more

Dislikes

...s, ideally it should not be, Self driven people must have freedom from all this. Salary Structure should be as per performance, Outsiders gets higher package and those who are working since long they are having less salary. Few Seniors are looks like they are our guardian and they understand our problems, But few seniors we we feel scared even to make a call

Branch Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 31 Mar 2023

3.0

for Salary and Benefits

Likes

Value of positions, friendly nature with colleagues working areas,good customers at IIFL, salary intime credit employees,good service by employees for customers ,believed to customers iifl

Skill development - Excellent

+3 more

Dislikes

Some politics have in promotion s and grade changes, not completed in time eligible employees by promotions,no value for old employees ,some branches business depend by only some employees because future time face to problems company,zero walk-in some locations.some IRAs misuse job rules .

Job security - Poor

Deputy Manager in Mumbai

Full Time

Data Science & Analytics Department

3.0

• posted on 06 Sep 2023

1.0

for Salary and Benefits

Likes

...wth. Seniors are very rude and insensitive and careless... No work life balance. No salary promotions. No bonuses.. bonus are delayed with less %

Dislikes

Senior behaviour with junior

Salary - Bad

+5 more

Branch Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 10 Oct 2018

5.0

for Salary and Benefits

Likes

Salary,learning

Salary - Excellent

+2 more

Dislikes

Work pressure is high, manager do not have value of person, senior does not guide only need business that's it. Job is not secure , mentaly pressure given by senior, company and top management is best but over all not satisfactory.

Job security - Bad

+2 more

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an internal auditor

Offer related guidance

Hi there, I need a little clarity. I am currently working as a Manager in an NBFC from the past 2.5 yrs. My current CTC is 7.7 Lpa fixed. I've an offer in hand with a CTC of 9.7 LPA but with a designation lower than manager i.e. DM. What is your take on it? Should I accept the offer? Is it a fair pay?

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IIFL Finance Collections Manager Salary FAQs

What is the salary of Collections Manager at IIFL Finance?

Collections Manager salary at IIFL Finance in India ranges between ₹2.8 Lakhs to ₹7.3 Lakhs for experience between 3 years to 11 years. According to our estimates it is 16% less than the average Collections Manager Salary in India. Salary estimates are based on 55 latest salaries received from various employees of IIFL Finance India.

How does the salary of a Collections Manager at IIFL Finance India compare with the average salary range for this job?

The average salary of a Collections Manager at IIFL Finance is 16% less than the average salary of a Collections Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Collections Manager at IIFL Finance?

Collection Management, Collections, Team Handling, Communication Skills and Senior Management are some of the popular skills required to work as a Collections Manager at IIFL Finance India.

Which similar companies are paying more than IIFL Finance to a Collections Manager in India?

Aditya Birla Finance Collections Manager Salary - ₹3.6 Lakhs to ₹10.8 Lakhs per year
Edelweiss Collections Manager Salary - ₹3.5 Lakhs to ₹10.5 Lakhs per year
HDB Financial Services Collections Manager Salary - ₹2.8 Lakhs to ₹9.0 Lakhs per year
Poonawalla Fincorp Collections Manager Salary - ₹3.0 Lakhs to ₹9.8 Lakhs per year
Tata Capital Collections Manager Salary - ₹2.4 Lakhs to ₹9.5 Lakhs per year

What is the salary of a Collections Manager in companies similar to IIFL Finance in India?

Piramal Capital Housing Finance Collections Manager Salary - ₹2.5 Lakhs to ₹9.2 Lakhs per year
L&T Finance Collections Manager Salary - ₹2.4 Lakhs to ₹9.4 Lakhs per year
Annapurna Finance Collections Manager Salary - ₹4.2 Lakhs to ₹5.4 Lakhs per year
TVS Credit Collections Manager Salary - ₹3.2 Lakhs to ₹6.6 Lakhs per year
SMFG India Credit Collections Manager Salary - ₹2.0 Lakhs to ₹8.1 Lakhs per year

What is the estimated take home salary of a Collections Manager at IIFL Finance in India?

The estimated take-home salary of a Collections Manager at IIFL Finance ranges between ₹35,343 per month to ₹36,578 per month in India. The take-home salary calculation is based on the average IIFL Finance Collections Manager salary in India which ranges between ₹2.8 Lakhs to ₹7.3 Lakhs per year for employees with experience between 3 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Collections Manager at IIFL Finance?

According to AmbitionBox, 52% of the IIFL Finance Collections Managers reported a notice period of 3 Months, 36% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 33 responses on AmbitionBox in last 2 years.

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IIFL Finance Collections Manager Salaries

IIFL Finance Collections Manager salary in India ranges between ₹2.8 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 55 IIFL Finance latest salaries received from various employees of IIFL Finance.