IIFL Finance Collection Officer Salaries by 60+ Employees (Updated 2024)

0 - 7 years exp.

₹1.8 Lakh - ₹4.2 Lakhs

Salary of majority employees

14% more than the average Collection Officer Salary in NBFC Companies for 0 - 7 years of experience

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Salaries in different departments

Finance & Accounting Collection Officer Salary 0 - 7 years exp. (14 salaries)	₹2.3 L/yr - ₹4 L/yr
BFSI, Investments & Trading Collection Officer Salary 1 - 7 years exp. (12 salaries)	₹2.4 L/yr - ₹3.8 L/yr
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Customer Success, Service & Operations Collection Officer Salary 2 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹3.4 L/yr
Sales & Business Development Collection Officer Salary 2 - 6 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.5 L/yr

Last Updated: 30 Aug 2024

Companies similar to IIFL Finance for Collection Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collection Officer Salary 0 - 7 years exp. (359 salaries)	₹1.2 L/yr - ₹4 L/yr 17% less
ICICI Bank Collection Officer Salary 2 - 6 years exp. (76 salaries)	₹1.2 L/yr - ₹3.6 L/yr 21% less
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Axis Bank Collection Officer Salary 1 - 8 years exp. (28 salaries)	₹1.2 L/yr - ₹3.8 L/yr 21% less
Kotak Mahindra Bank Collection Officer Salary 2 - 8 years exp. (53 salaries)	₹1.6 L/yr - ₹4.1 L/yr 13% less
Bajaj Finance Collection Officer Salary 0 - 8 years exp. (222 salaries)	₹1.1 L/yr - ₹5.6 L/yr 16% more
Tata Capital Collection Officer Salary 0 - 14 years exp. (42 salaries)	₹2 L/yr - ₹4.5 L/yr 3% more	4 job openings
Mahindra Finance Collection Officer Salary 1 - 8 years exp. (146 salaries)	₹1.5 L/yr - ₹5.1 L/yr 7% less	1 job opening
L&T Finance Collection Officer Salary 1 - 7 years exp. (346 salaries)	₹1.2 L/yr - ₹3.9 L/yr 25% less
Aditya Birla Finance Collection Officer Salary 2 - 9 years exp. (44 salaries)	₹2.3 L/yr - ₹5.2 L/yr 29% more
HDB Financial Services Collection Officer Salary 0 - 8 years exp. (811 salaries)	₹1 L/yr - ₹4.5 L/yr 22% less	4 job openings
SMFG India Credit Collection Officer Salary 3 - 6 years exp. (67 salaries)	₹1 L/yr - ₹4.5 L/yr 1% more
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TVS Credit Collection Officer Salary 1 - 8 years exp. (56 salaries)	₹1.4 L/yr - ₹4.6 L/yr 9% less
Poonawalla Fincorp Collection Officer Salary 3 - 9 years exp. (52 salaries)	₹1.8 L/yr - ₹3.6 L/yr 15% less
Home Credit Finance Collection Officer Salary 0 - 8 years exp. (47 salaries)	₹1.5 L/yr - ₹3.6 L/yr 26% less
Shriram Finance Collection Officer Salary 0 - 7 years exp. (39 salaries)	₹1.8 L/yr - ₹4.5 L/yr 3% less
Edelweiss Collection Officer Salary 2 - 10 years exp. (30 salaries)	₹2.4 L/yr - ₹4.5 L/yr 4% more
IDFC FIRST Bharat Collection Officer Salary 0 - 6 years exp. (30 salaries)	₹1.2 L/yr - ₹4 L/yr 28% less
Aavas Financiers Collection Officer Salary 0 - 6 years exp. (28 salaries)	₹1.5 L/yr - ₹3.6 L/yr 11% less
Motilal Oswal Financial Services Collection Officer Salary 1 - 7 years exp. (22 salaries)	₹2 L/yr - ₹3.4 L/yr 12% less
Manappuram Finance Collection Officer Salary 1 - 7 years exp. (21 salaries)	₹2.4 L/yr - ₹4.5 L/yr 8% more

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Collection Officer salary at IIFL Finance ranges between ₹1.8 Lakh to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 62 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Collection Officer salaries

Last Updated: 30 Aug 2024

Experience	Avg Annual Salary
Fresher (5 salaries)	₹2.3 L/yr - ₹3.5 L/yr
1 year (7 salaries)	₹2.1 L/yr - ₹3.5 L/yr
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2 years (12 salaries)	₹1.8 L/yr - ₹3.5 L/yr
3 years (15 salaries)	₹2.1 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr
5 years (9 salaries)	₹2.2 L/yr - ₹4.2 L/yr
6 years (7 salaries)	₹2.9 L/yr - ₹4 L/yr
7 years (5 salaries)	₹3 L/yr - ₹4 L/yr

View all

Similar Designation salaries in IIFL Finance

Collections Manager Salary

(60 salaries)

₹2.8 L/yr - ₹7.3 L/yr

Senior Collection Officer Salary

(36 salaries)

₹2.5 L/yr - ₹5 L/yr

Collection Associate Salary

(4 salaries)

₹2.5 L/yr - ₹3.9 L/yr

Sales Officer Salary

(110 salaries)

₹1.5 L/yr - ₹4.5 L/yr

Relationship Officer Salary

(21 salaries)

₹2 L/yr - ₹4.5 L/yr

Field Officer Salary

(4 salaries)

₹2.2 L/yr - ₹2.9 L/yr

Recovery Officer Salary

(3 salaries)

₹2 L/yr - ₹4.5 L/yr

Area Collection Manager Salary

(6 salaries)

₹7.59 L/yr - ₹11.52 L/yr

Officer Salary

(79 salaries)

₹1.05 L/yr - ₹4 L/yr

Computer Operator Salary

(4 salaries)

₹1.9 L/yr - ₹2.16 L/yr

Top skills at IIFL Finance for Collection Officer

Collections Gold Loan Collection Management Recovery MS Office Finance Insurance Branch Management Financial Statements Options cce LI Recovery Management Sales Payments

Salary related reviews for IIFL Finance

3.8

Rated by 24 employees for salary & benefits

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

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 .

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

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

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.

Officer in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 09 Jan 2018

5.0

for Salary and Benefits

Likes

...ellent and employees feel comfortable to work. company giving high appreciation. salary is paid on time. is best in industry

Dislikes

My new vendor location is not best, poor infrastructure sitting arrangement is not properly very week facilities (water,system,chair,room etc.)

Branch Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

3.0

• posted on 07 Sep 2022

2.0

for Salary and Benefits

Likes

Working location ,qualigues,good customers,auditors,time to time salary credit,timings

Dislikes

No value to given old employees ,bonus deduct CTC,rating politics,role elevation not equal all employees ,hard work employees not suitable this job company,rating given to paritiolity

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IIFL Finance Collection Officer Salary FAQs

What is the salary of Collection Officer at IIFL Finance?

Collection Officer salary at IIFL Finance in India ranges between ₹1.8 Lakhs to ₹4.2 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 14% more than the average Collection Officer Salary in India. Salary estimates are based on 62 latest salaries received from various employees of IIFL Finance India.

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

The average salary of a Collection Officer at IIFL Finance is 14% more than the average salary of a Collection Officer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Collection Officer at IIFL Finance?

Collections, Gold Loan, Collection Management, Recovery and MS Office are some of the popular skills required to work as a Collection Officer at IIFL Finance India.

Which similar companies are paying more than IIFL Finance to a Collection Officer in India?

Aditya Birla Finance Collection Officer Salary - ₹2.3 Lakhs to ₹5.2 Lakhs per year
Bajaj Finance Collection Officer Salary - ₹1.1 Lakhs to ₹5.6 Lakhs per year
Manappuram Finance Collection Officer Salary - ₹2.4 Lakhs to ₹4.5 Lakhs per year
Edelweiss Collection Officer Salary - ₹2.4 Lakhs to ₹4.5 Lakhs per year
Tata Capital Collection Officer Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year

What is the salary of a Collection Officer in companies similar to IIFL Finance in India?

SMFG India Credit Collection Officer Salary - ₹1.0 Lakhs to ₹4.5 Lakhs per year
Annapurna Finance Collection Officer Salary - ₹2.4 Lakhs to ₹3.6 Lakhs per year
Shriram Finance Collection Officer Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year
Mahindra Finance Collection Officer Salary - ₹1.5 Lakhs to ₹5.1 Lakhs per year
Piramal Capital Housing Finance Collection Officer Salary - ₹2.2 Lakhs to ₹3.6 Lakhs per year

What is the estimated take home salary of a Collection Officer at IIFL Finance in India?

The estimated take-home salary of a Collection Officer at IIFL Finance ranges between ₹22,110 per month to ₹23,591 per month in India. The take-home salary calculation is based on the average IIFL Finance Collection Officer salary in India which ranges between ₹1.8 Lakhs to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

What is the notice period for Collection Officer at IIFL Finance?

According to AmbitionBox, 38% of the IIFL Finance Collection Officers reported a notice period of 1 Month, 32% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 53 responses on AmbitionBox in last 2 years.

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IIFL Finance Collection Officer Salaries

IIFL Finance Collection Officer salary in India ranges between ₹1.8 Lakh to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 62 IIFL Finance latest salaries received from various employees of IIFL Finance.