Indostar Home Finance Collection Officer Salaries by 4 Employees (Updated 2024)

4 - 6 years exp.

₹2.2 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

20% more than the average Collection Officer Salary in Financial Services Companies for 4 - 6 years of experience

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Last Updated: 4 Apr 2024

Companies similar to Indostar Home Finance for Collection Officer

Company name	Avg Annual Salary	Open Jobs
L&T Finance Collection Officer Salary 1 - 7 years exp. (344 salaries)	₹1.2 L/yr - ₹3.9 L/yr 28% less
Piramal Capital Housing Finance Collection Officer Salary 4 - 6 years exp. (12 salaries)	₹2.2 L/yr - ₹3.6 L/yr 12% less
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Edelweiss Collection Officer Salary 2 - 10 years exp. (30 salaries)	₹2.4 L/yr - ₹4.5 L/yr 1% less
Muthoot Finance Collection Officer Salary 0 - 8 years exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 20% less
Shriram Finance Collection Officer Salary 1 - 9 years exp. (43 salaries)	₹1.9 L/yr - ₹4.5 L/yr 6% less
HDFC Bank Collection Officer Salary 0 - 7 years exp. (360 salaries)	₹1.3 L/yr - ₹4.5 L/yr 21% less
Bajaj Finance Collection Officer Salary 0 - 8 years exp. (215 salaries)	₹1.1 L/yr - ₹6.3 L/yr 10% more
Mahindra Finance Collection Officer Salary 1 - 8 years exp. (140 salaries)	₹1.5 L/yr - ₹5.1 L/yr 13% less	1 job opening
Tata Capital Collection Officer Salary 0 - 14 years exp. (42 salaries)	₹2 L/yr - ₹4.5 L/yr 2% less	7 job openings
Aditya Birla Finance Collection Officer Salary 1 - 9 years exp. (48 salaries)	₹2.3 L/yr - ₹5.2 L/yr 21% more
Bajaj Finserv Collection Officer Salary 1 - 6 years exp. (175 salaries)	₹1.5 L/yr - ₹5 L/yr 7% less
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Motilal Oswal Financial Services Collection Officer Salary 1 - 7 years exp. (22 salaries)	₹2 L/yr - ₹3.4 L/yr 17% less
Aditya Birla Capital Collection Officer Salary 2 - 6 years exp. (19 salaries)	₹2.5 L/yr - ₹5 L/yr 10% more
MAS Financial Services Collection Officer Salary 1 - 8 years exp. (13 salaries)	₹1 L/yr - ₹3.9 L/yr 23% less
Muthoot Group Collection Officer Salary 3 - 6 years exp. (5 salaries)	₹2.2 L/yr - ₹2.6 L/yr 30% less
Reliance Capital Collection Officer Salary 1 - 7 years exp. (4 salaries)	₹2.3 L/yr - ₹4 L/yr 2% less
JPMorgan Chase & Co. Collection Officer Salary 0 - 12 years exp. (4 salaries)	₹3.5 L/yr - ₹8.5 L/yr 77% more
Bajaj Capital Collection Officer Salary 0 - 3 years exp. (3 salaries)	₹1.6 L/yr - ₹1.7 L/yr 49% less

Collection Officer salary at Indostar Home Finance ranges between ₹2.2 Lakhs to ₹4 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Indostar Home Finance.

Experience wise Indostar Home Finance Collection Officer salaries

Last Updated: 4 Apr 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr
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6 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr

Similar Designation salaries in Indostar Home Finance

Collections Manager Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Senior Collection Officer Salary

(4 salaries)

₹2.4 L/yr - ₹4 L/yr

Sales Officer Salary

(6 salaries)

₹2.4 L/yr - ₹3 L/yr

Relationship Officer Salary

(4 salaries)

₹2.2 L/yr - ₹2.8 L/yr

Area Collection Manager Salary

(AmbitionBox Estimate)

₹9.4 L/yr - ₹12 L/yr

Sales Manager Salary

(27 salaries)

₹2.7 L/yr - ₹7 L/yr

Sales Executive Salary

(3 salaries)

₹2.6 L/yr - ₹2.75 L/yr

Branch Manager Salary

(33 salaries)

₹4.5 L/yr - ₹10 L/yr

Relationship Manager Salary

(78 salaries)

₹2.4 L/yr - ₹4.2 L/yr

Deputy Manager Salary

(7 salaries)

₹2.75 L/yr - ₹7.84 L/yr

Salary related reviews for Indostar Home Finance

Area Sales Manager in Mumbai

Finance Department

1.0

• posted on 19 Mar 2019

1.0

for Salary and Benefits

Likes

Nothing i Liked about the Company. The Management is very weak in decision making. No clear approach towards the future. Irresponsible hiring done

Dislikes

You cannot tell your staff to just quit one day. There was no job security, low salary, not open to any innovations.

Management Trainee in Ahmedabad

Full Time

Finance & Accounting Department

4.0

• posted on 04 Aug 2024

4.0

for Salary and Benefits

Likes

The Managers have been amazing & very supportive especially. I truly admire the office culture and the Upper Management at Ahmedabad Branch (regional head & all).

Dislikes

Sometimes there is a lot of pressure from management.

Sales Manager in Hosur

Sales & Marketing Department

5.0

• posted on 18 Mar 2022

4.0

for Salary and Benefits

Likes

Hi here is very comfortable policy to cover a middle class family. And loan process tat only 7days. Pmay scheme is very helpful for low middle class family. And low ROI. Loyalty scheme it's a emi discount scheme we give Around 12 emi discount so we easily cover the customers. It's really good to working here.

Dislikes

Nill

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a technical project manager

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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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Indostar Home Finance Collection Officer Salary FAQs

What is the salary of Collection Officer at Indostar Home Finance?

Collection Officer salary at Indostar Home Finance in India ranges between ₹2.2 Lakhs to ₹4.0 Lakhs for experience between 4 years to 6 years. According to our estimates it is 20% more than the average Collection Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Indostar Home Finance India.

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

The average salary of a Collection Officer at Indostar Home Finance is 20% more than the average salary of a Collection Officer in India. To know exact salary insights, login to view.

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

JPMorgan Chase & Co. Collection Officer Salary - ₹3.5 Lakhs to ₹8.5 Lakhs per year
Aditya Birla Finance Collection Officer Salary - ₹2.3 Lakhs to ₹5.2 Lakhs per year
Bajaj Finance Collection Officer Salary - ₹1.1 Lakhs to ₹6.3 Lakhs per year
Aditya Birla Capital Collection Officer Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year

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

Edelweiss Collection Officer Salary - ₹2.4 Lakhs to ₹4.5 Lakhs per year
Reliance Capital Collection Officer Salary - ₹2.3 Lakhs to ₹4.0 Lakhs per year
Tata Capital Collection Officer Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
Shriram Finance Collection Officer Salary - ₹1.9 Lakhs to ₹4.5 Lakhs per year
Bajaj Finserv Collection Officer Salary - ₹1.5 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Collection Officer at Indostar Home Finance ranges between ₹23,506 per month to ₹24,967 per month in India. The take-home salary calculation is based on the average Indostar Home Finance Collection Officer salary in India which ranges between ₹2.2 Lakhs to ₹4.0 Lakhs per year for employees with experience between 4 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Collection Officer at Indostar Home Finance?

According to AmbitionBox, 50% of the Indostar Home Finance Collection Officers reported a notice period of 3 Months, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

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Indostar Home Finance Collection Officer Salaries

Indostar Home Finance Collection Officer salary in India ranges between ₹2.2 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Indostar Home Finance latest salaries received from various employees of Indostar Home Finance.