IIFL SAMASTA Collections Manager Salaries by 4 Employees

3 - 7 years exp.

₹3.8 Lakhs - ₹6.5 Lakhs

Salary of majority employees

19% less than the average Collections Manager Salary in NBFC Companies for 3 - 7 years of experience

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Salaries in different departments

Finance & Accounting Collections Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
BFSI, Investments & Trading Collections Manager Salary 7 years exp. (AmbitionBox Estimate)	₹4.6 L/yr - ₹6.5 L/yr
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Customer Success, Service & Operations Collections Manager Salary 6 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.5 L/yr

Last Updated: 12 Sep 2024

Companies similar to IIFL SAMASTA for Collections Manager

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Collections Manager Salary 2 - 17 years exp. (265 salaries)	₹3 L/yr - ₹9 L/yr 38% more	5 job openings
Bajaj Finance Collections Manager Salary 0 - 11 years exp. (341 salaries)	₹1.2 L/yr - ₹8 L/yr 8% more
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Tata Capital Collections Manager Salary 3 - 12 years exp. (288 salaries)	₹2.4 L/yr - ₹9.5 L/yr 32% more	16 job openings
SMFG India Credit Collections Manager Salary 4 - 10 years exp. (190 salaries)	₹2 L/yr - ₹7.7 L/yr 4% more
Shriram Finance Collections Manager Salary 2 - 10 years exp. (178 salaries)	₹1.9 L/yr - ₹6 L/yr 14% less
L&T Finance Collections Manager Salary 4 - 12 years exp. (179 salaries)	₹2.4 L/yr - ₹8.6 L/yr 28% more
Mahindra Rural Housing Finance Collections Manager Salary 1 - 10 years exp. (139 salaries)	₹1.2 L/yr - ₹5.5 L/yr 36% less	1 job opening
Aditya Birla Finance Collections Manager Salary 4 - 9 years exp. (89 salaries)	₹3.6 L/yr - ₹9 L/yr 40% more
TVS Credit Collections Manager Salary 3 - 15 years exp. (76 salaries)	₹3.2 L/yr - ₹6.5 L/yr 13% more
Mahindra Finance Collections Manager Salary 2 - 10 years exp. (73 salaries)	₹1.5 L/yr - ₹5.5 L/yr 19% less	1 job opening
IIFL Finance Collections Manager Salary 3 - 10 years exp. (54 salaries)	₹2.8 L/yr - ₹7 L/yr 12% more
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Tata Motors Finance Collections Manager Salary 4 - 11 years exp. (55 salaries)	₹2.2 L/yr - ₹5 L/yr 21% less
Piramal Capital Housing Finance Collections Manager Salary 3 - 12 years exp. (40 salaries)	₹2.5 L/yr - ₹9.2 L/yr 33% more
Aavas Financiers Collections Manager Salary 2 - 7 years exp. (34 salaries)	₹2 L/yr - ₹5 L/yr 26% less
Poonawalla Fincorp Collections Manager Salary 6 - 16 years exp. (28 salaries)	₹3 L/yr - ₹9.8 L/yr 28% more
Muthoot Finance Collections Manager Salary 3 - 11 years exp. (16 salaries)	₹2.3 L/yr - ₹5.5 L/yr 2% more	3 job openings
Manappuram Finance Collections Manager Salary 1 - 10 years exp. (14 salaries)	₹2.1 L/yr - ₹6.5 L/yr 6% more
SK Finance Limited Collections Manager Salary 0 - 14 years exp. (13 salaries)	₹2.9 L/yr - ₹10 L/yr 51% more
Muthoot Fincorp Collections Manager Salary 4 - 11 years exp. (12 salaries)	₹2.7 L/yr - ₹6.8 L/yr At par
Capri Global Capital Collections Manager Salary 4 - 9 years exp. (11 salaries)	₹2.5 L/yr - ₹6.8 L/yr 8% more

View all

Collections Manager salary at IIFL SAMASTA ranges between ₹3.8 Lakhs to ₹6.5 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of IIFL SAMASTA.

Experience wise IIFL SAMASTA Collections Manager salaries

Last Updated: 12 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹7.4 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹7.6 L/yr
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5 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹6.5 L/yr

Similar Designation salaries in IIFL SAMASTA

Collection Officer Salary

(8 salaries)

₹1.56 L/yr - ₹2.28 L/yr

Area Collection Manager Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Cluster Manager Salary

(12 salaries)

₹3.85 L/yr - ₹10 L/yr

Relationship Manager Salary

(105 salaries)

₹1.95 L/yr - ₹4.51 L/yr

Branch Manager Salary

(186 salaries)

₹1.95 L/yr - ₹7 L/yr

Area Manager Salary

(58 salaries)

₹3.5 L/yr - ₹6.3 L/yr

Deputy Manager Salary

(43 salaries)

₹3.72 L/yr - ₹9 L/yr

Senior Collection Officer Salary

(5 salaries)

₹1.9 L/yr - ₹3.9 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

State Head Salary

(9 salaries)

₹9.45 L/yr - ₹19.75 L/yr

Salary related reviews for IIFL SAMASTA

3.0

Rated by 5 employees for salary & benefits

Area Manager in Patna

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 17 Dec 2018

2.0

for Salary and Benefits

Likes

Salary and incentives

Dislikes

Samasta will bridge the gap between ambition and achievement of the working poor across India, by providing financial and non financial services, in a sustainable long term relationship to enable them to achieve a better quality of life.

Salary - Poor

+4 more

Branch Manager (working remotely)

Full Time

Sales Department

1.0

• posted on 26 Dec 2022

1.0

for Salary and Benefits

Likes

...about. The worst place to work. After getting offer letter confirm your net pay. Because there is deduction only from your salary. You will never get what was offered to you. There is no management no proper hr team. There is no leaves, even if you are getting married or you met with accident.

Dislikes

Can't explain. I will need months to explain. It will never end.

Salary - Bad

+6 more

Branch Manager in Kumbakonam . Thiruvarur Mailaduthurai

Branch manager collection Department

4.0

• posted on 14 May 2021

3.0

for Salary and Benefits

Likes

Very best company.and company policy very sopper I am working this company I understand over all knowledge

Skill development - Good

+5 more

Dislikes

I am working 4 years 8 month in mahindra rural housing finance my salary. 16 teen thousand rupees and aloans monthly 6000 thousand

Area Manager in Siliguri

Business Department

4.0

• posted on 05 Oct 2019

3.0

for Salary and Benefits

Likes

Very few Microfinance companies have a 5 working day policy, but Samasta Microfinance Ltd. does. The company policies in general are employee favouring.

Skill development - Good

+4 more

Dislikes

The compensation policy in my opinion could still be made better.

Branch Credit Manager in Kavali

Full Time

Finance & Accounting Department

3.0

• posted on 24 Dec 2024

4.0

for Salary and Benefits

Likes

On time salary

Salary - Good

+1 more

Dislikes

Actual time is 9.30 to 5.30 but in reality we work 6.30 to 7.00 sometime 8:30pm. No respect for women employee. Sometime BM force to deviate the work if we said no for it bm will targets employee. Today i resign because of that type of manager.

Promotions - Bad

+1 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about IIFL SAMASTA

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an application support associate

Need advice

Hi, I have been working in an organisation(bangalore )from june 2023 to as of now as application support, now am thinking of switching job because of toxic culture, no skills improvement and unsatisfied salary with 6day working, at the same Time am fearing/nervous what if not getting job after resign. Any suggestions?

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IIFL SAMASTA Collections Manager Salary FAQs

What is the salary of Collections Manager at IIFL SAMASTA ?

The average salary of a Collections Manager at IIFL SAMASTA in India typically ranges from ₹3.8 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Collections Manager at IIFL SAMASTA earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Collections Manager Salaries at IIFL SAMASTA 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 IIFL SAMASTA employees in India.

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

The estimated take-home salary of a Collections Manager at IIFL SAMASTA in India typically ranges from ₹33,916 to ₹35,172 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 3 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 IIFL SAMASTA. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IIFL SAMASTA for Collections Manager in India?

SK Finance Limited	₹2.9 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Finance	₹3.6 Lakhs to ₹9.0 Lakhs per year
Bharat Financial Inclusion	₹5.2 Lakhs to ₹8.0 Lakhs per year
HDB Financial Services	₹3.0 Lakhs to ₹9.0 Lakhs per year
Piramal Capital Housing Finance	₹2.5 Lakhs to ₹9.2 Lakhs per year

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

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

The salary of a Collections Manager at companies similar to IIFL SAMASTA in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Capital	₹2.4 Lakhs to ₹9.5 Lakhs per year
L&T Finance	₹2.4 Lakhs to ₹8.6 Lakhs per year
Poonawalla Fincorp	₹3.0 Lakhs to ₹9.8 Lakhs per year
Muthoot Microfin	₹4.8 Lakhs to ₹6.2 Lakhs per year
Annapurna Finance	₹4.2 Lakhs to ₹5.4 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 Collections Manager at IIFL SAMASTA in India?

The salary growth for a Collections Manager at IIFL SAMASTA depends on factors such as experience, performance, and promotions. On average, a Collections Manager can expect the following growth trajectory at IIFL SAMASTA:

Experience	Average Salary Range
3 years	₹3.8 Lakhs to ₹7.4 Lakhs per year
4 years	₹3.8 Lakhs to ₹7.6 Lakhs per year
5 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
6 years	₹1.8 Lakhs to ₹6.5 Lakhs per year

and so on.

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IIFL SAMASTA Collections Manager Salaries

IIFL SAMASTA Collections Manager salary in India ranges between ₹3.8 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IIFL SAMASTA latest salaries received from various employees of IIFL SAMASTA.