InCred Finance Collection Officer Salaries by 5 Employees

1 - 7 years exp.

₹3 Lakhs - ₹3.7 Lakhs

Low Confidence

Salary of majority employees

27% more than the average Collection Officer Salary in NBFC Companies for 1 - 7 years of experience

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Last Updated: 16 Mar 2024

Companies similar to InCred Finance for Collection Officer

Company name	Avg Annual Salary	Open Jobs
Sammaan Capital Limited Collection Officer Salary 1 - 8 years exp. (258 salaries)	₹1.7 L/yr - ₹3.7 L/yr 21% less
Shubham Housing Development Finance Collection Officer Salary 2 - 7 years exp. (69 salaries)	₹1.8 L/yr - ₹3.8 L/yr 15% less
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Home Credit Finance Collection Officer Salary 0 - 8 years exp. (45 salaries)	₹1.5 L/yr - ₹3.6 L/yr 36% less
Kinara Capital Collection Officer Salary 1 - 8 years exp. (39 salaries)	₹2.3 L/yr - ₹4.1 L/yr 10% less
Ugro Capital Collection Officer Salary 1 - 9 years exp. (29 salaries)	₹2.8 L/yr - ₹4.5 L/yr 9% more
Hinduja Leyland Finance Collection Officer Salary 0 - 7 years exp. (27 salaries)	₹1.5 L/yr - ₹3 L/yr 31% less
Bajaj Housing Finance Collection Officer Salary 1 - 5 years exp. (23 salaries)	₹1.5 L/yr - ₹4 L/yr 24% less
India Shelter Finance Corporation Collection Officer Salary 0 - 6 years exp. (20 salaries)	₹2.3 L/yr - ₹3.1 L/yr 22% less
Hero FinCorp Collection Officer Salary 1 - 7 years exp. (17 salaries)	₹1 L/yr - ₹5.7 L/yr 18% less
Kotak Mahindra Prime Collection Officer Salary 0 - 9 years exp. (17 salaries)	₹2 L/yr - ₹3 L/yr 26% less
Aptus Value Housing Finance India Collection Officer Salary 0 - 6 years exp. (15 salaries)	₹1.9 L/yr - ₹3.4 L/yr 15% less
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Electronica Finance Collection Officer Salary 0 - 7 years exp. (15 salaries)	₹2 L/yr - ₹3.3 L/yr 25% less
MAS Financial Services Collection Officer Salary 1 - 5 years exp. (11 salaries)	₹1 L/yr - ₹3.2 L/yr 32% less
Tyger Capital Collection Officer Salary 3 - 6 years exp. (10 salaries)	₹2.3 L/yr - ₹3.5 L/yr 19% less
Finova Capital Collection Officer Salary 4 - 10 years exp. (7 salaries)	₹2.7 L/yr - ₹2.9 L/yr 15% less
Kogta Financial India Limited Collection Officer Salary 5 - 9 years exp. (4 salaries)	₹2.4 L/yr - ₹2.8 L/yr 26% less
IKF Finance Collection Officer Salary 1 - 3 years exp. (4 salaries)	₹2.1 L/yr - ₹3.5 L/yr 10% less
Tata Capital Housing Finance Collection Officer Salary 3 - 8 years exp. (4 salaries)	₹2.8 L/yr - ₹3.5 L/yr 5% less
Dvara KGFS Collection Officer Salary 1 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹2.5 L/yr 38% less
Vistaar Finance Collection Officer Salary 2 - 5 years exp. (3 salaries)	₹2.1 L/yr - ₹3.6 L/yr 16% less

View all

Collection Officer salary at InCred Finance ranges between ₹3 Lakhs to ₹3.7 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 5 latest salaries received from various employees of InCred Finance.

Experience wise InCred Finance Collection Officer salaries

Last Updated: 16 Mar 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.7 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.1 L/yr
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3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.6 L/yr

View all

Similar Designation salaries in InCred Finance

Collections Manager Salary

(30 salaries)

₹3.8 L/yr - ₹8 L/yr

Collection Associate Salary

(4 salaries)

₹3 L/yr - ₹5.5 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Relationship Officer Salary

(4 salaries)

₹2.35 L/yr - ₹3.75 L/yr

Recovery Officer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Area Collection Manager Salary

(10 salaries)

₹7.75 L/yr - ₹16 L/yr

Officer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Computer Operator Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Sales Manager Salary

(107 salaries)

₹2.8 L/yr - ₹9 L/yr

Sales Executive Salary

(26 salaries)

₹2.1 L/yr - ₹4.5 L/yr

Top skills at InCred Finance for Collection Officer

Collections Recovery

Salary related reviews for InCred Finance

5.0

Rated by 1 employees for salary & benefits

Operations Executive in New Delhi

Other Department

5.0

• posted on 31 Mar 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Credit Manager

Credit Department

5.0

• posted on 07 Jan 2019

4.0

for Salary and Benefits

Likes

I like my team and the product I am working for. I joined when InCred was just a start-up, have seen it growing and have contributed in this growth. It feels really good when we are working in a environment where you meet different people teammates and other team's people accounts, legal, operations, clients, learn something that helps with your career growth. You also get appreciation for your hard work.

Salary - Good

+4 more

Dislikes

I have observed some people are just there for salary. They don't have that ownership qualities. Just waiting for the day when they are asked to leave. No programs, functions and good facilities for employees. Some are getting higher salary and doing nothing compared to the hard workers who are working at much lesser salary. It's basically depends on the team you are working with.

Sales Officer in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 05 Dec 2024

1.0

for Salary and Benefits

Likes

Mr. Rakesh madia in supply chain finance always harassed and molested every junior under him...he not only exploited the junior managers and MT's in Ugro, hero fincorp and TVS credit in his last roles but molested several Employees since last 15 years..Corrupt HR and under the table dealing managers have recruited him to make additional money.... Kindly check with the POSH team and Central HR in his last five organizations.... Corrupt nbfc recruits such exploitors..

Dislikes

Induction of Corrupt leadership managers. How can a company recruit someone who had a history of taking bribes?

Salary - Bad

+6 more

Credit Co-Ordinator in Chennai

Full Time

Finance & Accounting Department

3.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Team managers are supportive

Dislikes

Some vintage staffs turns rules for their purposes and who are adjusting or mingled with them only able to survive here. Even keep distance with them and see our work also they cornering in work

Work satisfaction - Poor

+2 more

Sales Manager in Kuppam

Full Time

Sales & Business Development Department

2.0

• posted on 21 Jan 2025

3.0

for Salary and Benefits

Likes

Nothing to like . I was placed in a wrong room where people don’t have hearts & being kind is crime in this office . Managers morph anything and everything according to their time being !!

Dislikes

Worst environment to work & full of internal politics But no one cares , their only motive by EOD is Business, only business no Benefits & no respect too !! They never celebrate an employee win but criticise at their low times cause they need only business .

Skill development - Poor

+2 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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InCred Finance Collection Officer Salary FAQs

What is the salary of Collection Officer at InCred Finance ?

The average salary of a Collection Officer at InCred Finance in India typically ranges from ₹3.0 Lakhs to ₹3.7 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Collection Officer at InCred Finance earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Collection Officer Salaries at InCred 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 5 InCred Finance employees in India.

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

The estimated take-home salary of a Collection Officer at InCred Finance in India typically ranges from ₹25,116 to ₹26,553 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from 1 year 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 5 salaries received from various employees of InCred Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Collection Officer at InCred Finance ?

To be a Collection Officer at InCred Finance in india, the key skills required include:

- Collections
- Recovery

These skills are highly valued at InCred Finance and are crucial for successful performance in a Software Engineering role.

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

Ugro Capital	₹2.8 Lakhs to ₹4.5 Lakhs per year
Capital Trust	₹2.4 Lakhs to ₹5.0 Lakhs per year

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

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

The salary of a Collection Officer at companies similar to InCred 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
IKF Finance	₹2.1 Lakhs to ₹3.5 Lakhs per year
Kinara Capital	₹2.3 Lakhs to ₹4.1 Lakhs per year
Manba Finance	₹2.8 Lakhs to ₹3.0 Lakhs per year
Shubham Housing Development Finance	₹1.8 Lakhs to ₹3.8 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 InCred Finance in India?

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

Experience	Average Salary Range
1 year	₹1.4 Lakhs to ₹3.7 Lakhs per year
2 years	₹3.0 Lakhs to ₹6.1 Lakhs per year
3 years	₹1.4 Lakhs to ₹3.5 Lakhs per year
4 years	₹3.1 Lakhs to ₹4.0 Lakhs per year

and so on.

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InCred Finance Collection Officer Salaries

InCred Finance Collection Officer salary in India ranges between ₹3 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 InCred Finance latest salaries received from various employees of InCred Finance.