IKF Finance Collection Officer Salaries by 4 Employees

1 - 3 years exp.

₹2.1 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

14% more than the average Collection Officer Salary in NBFC Companies for 1 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collection Officer Salary 3 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
Customer Success, Service & Operations Collection Officer Salary 1 year exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
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Finance & Accounting Collection Officer Salary 1 year exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 28 Dec 2024

Companies similar to IKF Finance for Collection Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Collection Officer Salary 0 - 8 years exp. (169 salaries)	₹1.1 L/yr - ₹6.3 L/yr 19% more
HDFC Bank Collection Officer Salary 0 - 8 years exp. (362 salaries)	₹1.2 L/yr - ₹4 L/yr 17% less
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ICICI Bank Collection Officer Salary 2 - 7 years exp. (60 salaries)	₹1.2 L/yr - ₹3.6 L/yr 19% less
Axis Bank Collection Officer Salary 1 - 10 years exp. (28 salaries)	₹1.2 L/yr - ₹3.8 L/yr 17% less
IndusInd Bank Collection Officer Salary 0 - 10 years exp. (101 salaries)	₹1.4 L/yr - ₹4.5 L/yr 11% less
Kotak Mahindra Bank Collection Officer Salary 2 - 8 years exp. (57 salaries)	₹1.6 L/yr - ₹4.8 L/yr 11% less
State Bank of India Collection Officer Salary 5 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹4 L/yr 20% more
IDFC FIRST Bank Collection Officer Salary 1 - 9 years exp. (97 salaries)	₹1.8 L/yr - ₹4 L/yr 11% less
Bank of Baroda Collection Officer Salary 2 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹3.6 L/yr At par
Union Bank of India Collection Officer Salary 2 - 4 years exp. (3 salaries)	₹2.3 L/yr - ₹2.4 L/yr 24% less
Tata Capital Collection Officer Salary 1 - 12 years exp. (37 salaries)	₹2 L/yr - ₹4.4 L/yr 3% more	11 job openings
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Mahindra Finance Collection Officer Salary 1 - 12 years exp. (152 salaries)	₹1.7 L/yr - ₹4.8 L/yr 3% more
L&T Finance Collection Officer Salary 1 - 7 years exp. (287 salaries)	₹1.2 L/yr - ₹3.9 L/yr 24% less
Aditya Birla Finance Collection Officer Salary 1 - 9 years exp. (56 salaries)	₹2.5 L/yr - ₹5.2 L/yr 29% more
Reliance Capital Collection Officer Salary 1 - 7 years exp. (4 salaries)	₹2.3 L/yr - ₹4 L/yr 3% more
Sammaan Capital Limited Collection Officer Salary 1 - 8 years exp. (258 salaries)	₹1.7 L/yr - ₹3.7 L/yr 12% less
IIFL Finance Collection Officer Salary 0 - 10 years exp. (66 salaries)	₹2.1 L/yr - ₹4.8 L/yr 5% more
Poonawalla Fincorp Collection Officer Salary 2 - 10 years exp. (65 salaries)	₹1.8 L/yr - ₹3.6 L/yr 18% less
Shriram Finance Collection Officer Salary 1 - 9 years exp. (44 salaries)	₹1.9 L/yr - ₹4.5 L/yr 1% less
Five-Star Business Finance Collection Officer Salary 1 - 7 years exp. (39 salaries)	₹2.2 L/yr - ₹4 L/yr 3% more

View all

Collection Officer salary at IKF Finance ranges between ₹2.1 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of IKF Finance.

Experience wise IKF Finance Collection Officer salaries

Last Updated: 28 Dec 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹2 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr

Similar Designation salaries in IKF Finance

Collections Manager Salary

(5 salaries)

₹3.1 L/yr - ₹4.7 L/yr

Senior Collection Officer Salary

(5 salaries)

₹2 L/yr - ₹6.5 L/yr

Collection Associate Salary

(5 salaries)

₹3 L/yr - ₹3.2 L/yr

Sales Officer Salary

(12 salaries)

₹2 L/yr - ₹3.5 L/yr

Relationship Officer Salary

(13 salaries)

₹2 L/yr - ₹3.9 L/yr

Field Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Recovery Officer Salary

(3 salaries)

₹1.2 L/yr - ₹2.3 L/yr

Area Collection Manager Salary

(3 salaries)

₹4.5 L/yr - ₹6.5 L/yr

Officer Salary

(3 salaries)

₹3.5 L/yr - ₹3.6 L/yr

Sales Manager Salary

(7 salaries)

₹4 L/yr - ₹7.5 L/yr

Salary related reviews for IKF Finance

4.8

Rated by 3 employees for salary & benefits

Senior Officer Operations in Somajiguda

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 30 Nov 2020

1.0

for Salary and Benefits

Likes

Nothing.. No appraisals, bonus nothing.. No security at covid time also..only with one sanitiser bottle they run the office.. Management won't care about employee.. Fully partiality feelings and politics plays main role in this organisation.. Coming to work culture there is no proper policies it will change time to time and day by day...

Dislikes

Everything

Salary - Bad

+6 more

Credit Relationship Manager in Nellore

Full Time

Finance & Accounting Department

5.0

• posted on 06 Nov 2024

5.0

for Salary and Benefits

Likes

Disbursement process is not like with mailing ,I like disbursement process in smartapp in quality controle stage with chat option ,I want this is better process and quickly disbursement.

Salary - Excellent

+6 more

Dislikes

I don't lik to quality control check with mailing

State Collection Head in Bhopal

Full Time

Finance & Accounting Department

4.0

• posted on 01 Jul 2024

4.0

for Salary and Benefits

Likes

It's work culture is very good ,and management is supporting to the employee.

Salary - Good

+4 more

Dislikes

The monopoly of the some senior management ,they are not judging employees by their performance and practice,they are judging on the basis of only ,how the employee do happy him.

Sales Officer in Thane

Full Time

Sales & Business Development Department

3.0

• posted on 10 Sep 2023

3.0

for Salary and Benefits

Likes

Good work life balance

Dislikes

Staff issues , not respect for woman's, not saftey for woman's, Not support for lady staff, Use abusive language, 2 mangaers very rudly speaking with other staff members No training, No guides

Skill development - Poor

+3 more

Branch Manager in Karimnagar

Full Time

Marketing & Communication Department

5.0

• posted on 14 Mar 2019

4.0

for Salary and Benefits

Likes

The company is strategic and motivational finance.Just they are vendors believeness.Just IKF book size is 250, with in two years now it is increased 1500.That capable is having one and only IKF Another plus point is my colleagues came from dealer backgrounds and we work happily in collaboration.

Salary - Good

+6 more

Dislikes

But growth is slow, when ever we reached at top position that time never changed position.that will continued only role is changed but work is same.

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Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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IKF Finance Collection Officer Salary FAQs

What is the salary of Collection Officer at IKF Finance ?

The average salary of a Collection Officer at IKF Finance in India typically ranges from ₹2.1 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Collection Officer at IKF Finance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Collection Officer Salaries at IKF Finance 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 IKF Finance employees in India.

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

The estimated take-home salary of a Collection Officer at IKF Finance in India typically ranges from ₹22,282 to ₹23,761 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 1 year to 3 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 IKF Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IKF Finance for Collection Officer in India?

Aditya Birla Finance	₹2.5 Lakhs to ₹5.2 Lakhs per year
Ugro Capital	₹2.8 Lakhs to ₹4.5 Lakhs per year
State Bank of India	₹3.6 Lakhs to ₹4.0 Lakhs per year
Bajaj Finance	₹1.1 Lakhs to ₹6.3 Lakhs per year
Capri Global Capital	₹2.8 Lakhs to ₹4.0 Lakhs per year

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

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

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

Tata Capital Housing Finance	₹2.8 Lakhs to ₹3.5 Lakhs per year
IIFL Finance	₹2.1 Lakhs to ₹4.8 Lakhs per year
Five-Star Business Finance	₹2.2 Lakhs to ₹4.0 Lakhs per year
Reliance Capital	₹2.3 Lakhs to ₹4.0 Lakhs per year
Tata Capital	₹2.0 Lakhs to ₹4.4 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 Collection Officer at IKF Finance in India?

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

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹3.5 Lakhs per year
2 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
3 years	₹1.3 Lakhs to ₹3.5 Lakhs per year

and so on.

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IKF Finance Collection Officer Salaries

IKF Finance Collection Officer salary in India ranges between ₹2.1 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IKF Finance latest salaries received from various employees of IKF Finance.