IIFL Finance Mumbai Collection Officer Salaries by 6 Employees (Updated 2024)

2 - 5 years exp.

₹1.8 Lakh - ₹3.5 Lakhs

Salary of majority employees

6% more than the average Collection Officer Salary in NBFC Companies for 2 - 5 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Collection Officer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
Customer Success, Service & Operations Collection Officer Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.9 L/yr
Login to view exact salary
Finance & Accounting Collection Officer Salary 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3 L/yr

Last Updated: 12 Sep 2023

Companies similar to IIFL Finance for Collection Officer in Mumbai

IIFL Finance Collection Officer Salary

2 - 5 years exp. (6 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collection Officer Salary 0 - 7 years exp. (37 salaries)	₹1.5 L/yr - ₹3.5 L/yr 9% less
Kotak Mahindra Bank Collection Officer Salary 3 - 5 years exp. (6 salaries)	₹2 L/yr - ₹3.7 L/yr 5% less
Login to view exact salary
Bajaj Finance Collection Officer Salary 0 - 8 years exp. (17 salaries)	₹1.5 L/yr - ₹5.1 L/yr 27% more
L&T Finance Collection Officer Salary 1 - 6 years exp. (16 salaries)	₹1.5 L/yr - ₹3.8 L/yr 9% less
HDB Financial Services Collection Officer Salary 0 - 8 years exp. (115 salaries)	₹1 L/yr - ₹4.5 L/yr 14% less	3 job openings
SMFG India Credit Collection Officer Salary 3 - 6 years exp. (12 salaries)	₹2 L/yr - ₹4 L/yr 17% more
Shriram Finance Collection Officer Salary 3 - 6 years exp. (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr 7% more

Collection Officer salary at IIFL Finance ranges between ₹1.8 Lakh to ₹3.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 6 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Collection Officer salaries in Mumbai

Last Updated: 12 Sep 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.8 L/yr
3 years (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr

Similar Designation salaries in IIFL Finance

Officer Salary

(32 salaries)

₹1.05 L/yr - ₹4 L/yr

Sales Officer Salary

(8 salaries)

₹1.8 L/yr - ₹3.2 L/yr

Collections Manager Salary

(7 salaries)

₹4.4 L/yr - ₹6.5 L/yr

Senior Collection Officer Salary

(5 salaries)

₹2.5 L/yr - ₹3.6 L/yr

Relationship Officer Salary

(3 salaries)

₹3 L/yr - ₹3.29 L/yr

Top skills at IIFL Finance for Collection Officer

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

Salary related reviews for IIFL Finance

3.5

Rated by 2 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

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.

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.)

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

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?

Got a question about IIFL Finance?

Ask anonymously on communities.

IIFL Finance Collection Officer Salary FAQs

What is the salary of Collection Officer at IIFL Finance Mumbai?

Collection Officer salary at IIFL Finance in Mumbai ranges between ₹1.8 Lakhs to ₹3.5 Lakhs for experience between 2 years to 5 years. According to our estimates it is 6% more than the average Collection Officer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of IIFL Finance Mumbai.

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

The average salary of a Collection Officer at IIFL Finance is 6% more than the average salary of a Collection Officer in Mumbai. To know exact salary insights, login to view.

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

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

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

Bajaj Finance Collection Officer Salary - ₹1.5 Lakhs to ₹5.1 Lakhs per year
SMFG India Credit Collection Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
Shriram Finance Collection Officer Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year

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

Kotak Mahindra Bank Collection Officer Salary - ₹2.0 Lakhs to ₹3.7 Lakhs per year
HDFC Bank Collection Officer Salary - ₹1.5 Lakhs to ₹3.5 Lakhs per year
L&T Finance Collection Officer Salary - ₹1.5 Lakhs to ₹3.8 Lakhs per year
HDB Financial Services Collection Officer Salary - ₹1.0 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Collection Officer at IIFL Finance ranges between ₹19,965 per month to ₹21,628 per month in Mumbai. The take-home salary calculation is based on the average IIFL Finance Collection Officer salary in India which ranges between ₹1.8 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the IIFL Finance Collection Officers in Mumbai reported a notice period of 2 Months, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
IIFL Finance Salaries >
IIFL Finance Collection Officer Salaries >
IIFL Finance Collection Officer Salaries in Mumbai

IIFL Finance Collection Officer salary in Mumbai ranges between ₹1.8 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IIFL Finance latest salaries received from various employees of IIFL Finance.