L&T Finance Area Collection Manager Salaries by 100+ Employees (Updated 2025)

5 - 16 years exp.

₹3.5 Lakhs - ₹11 Lakhs

Salary of majority employees

15% less than the average Area Collection Manager Salary in NBFC Companies for 5 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Collection Manager Salary 5 - 16 years exp. (73 salaries)	₹4 L/yr - ₹10.1 L/yr
Finance & Accounting Area Collection Manager Salary 5 - 16 years exp. (44 salaries)	₹3.5 L/yr - ₹11 L/yr
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Sales & Business Development Area Collection Manager Salary 5 - 12 years exp. (7 salaries)	₹3.5 L/yr - ₹7.7 L/yr

Last Updated: 15 Feb 2025

Companies similar to L&T Finance for Area Collection Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Collection Manager Salary 11 - 22 years exp. (172 salaries)	₹6.2 L/yr - ₹25 L/yr 85% more
ICICI Bank Area Collection Manager Salary 9 - 17 years exp. (159 salaries)	₹4.6 L/yr - ₹16 L/yr 38% more
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Axis Bank Area Collection Manager Salary 9 - 22 years exp. (183 salaries)	₹6.5 L/yr - ₹20 L/yr 61% more
Bajaj Finance Area Collection Manager Salary 4 - 18 years exp. (253 salaries)	₹4.5 L/yr - ₹17.1 L/yr 42% more
Kotak Mahindra Bank Area Collection Manager Salary 6 - 19 years exp. (72 salaries)	₹5.6 L/yr - ₹16.3 L/yr 40% more
Yes Bank Area Collection Manager Salary 7 - 16 years exp. (20 salaries)	₹7.6 L/yr - ₹14.7 L/yr 29% more
IndusInd Bank Area Collection Manager Salary 11 - 18 years exp. (19 salaries)	₹6 L/yr - ₹17 L/yr 63% more
IDFC FIRST Bank Area Collection Manager Salary 8 - 18 years exp. (204 salaries)	₹6.5 L/yr - ₹20 L/yr 71% more
Tata Capital Area Collection Manager Salary 6 - 16 years exp. (33 salaries)	₹4.3 L/yr - ₹13.1 L/yr 24% more	12 job openings
Mahindra Finance Area Collection Manager Salary 7 - 17 years exp. (195 salaries)	₹2.4 L/yr - ₹11.6 L/yr 11% less
HDB Financial Services Area Collection Manager Salary 9 - 19 years exp. (153 salaries)	₹6.4 L/yr - ₹17.4 L/yr 48% more	1 job opening
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TVS Credit Area Collection Manager Salary 7 - 18 years exp. (100 salaries)	₹7.1 L/yr - ₹17.5 L/yr 61% more
Kotak Mahindra Prime Area Collection Manager Salary 8 - 15 years exp. (33 salaries)	₹6.3 L/yr - ₹14 L/yr 26% more
Aavas Financiers Area Collection Manager Salary 2 - 8 years exp. (27 salaries)	₹3.3 L/yr - ₹6 L/yr 42% less
Sammaan Capital Limited Area Collection Manager Salary 6 - 19 years exp. (24 salaries)	₹4.7 L/yr - ₹10 L/yr 5% less
SMFG India Credit Area Collection Manager Salary 3 - 18 years exp. (22 salaries)	₹3.1 L/yr - ₹9.3 L/yr 14% less
LendingKart Area Collection Manager Salary 7 - 18 years exp. (18 salaries)	₹6.3 L/yr - ₹18 L/yr 52% more
Capri Global Capital Area Collection Manager Salary 6 - 16 years exp. (24 salaries)	₹6 L/yr - ₹14 L/yr 36% more
Shriram Finance Area Collection Manager Salary 3 - 20 years exp. (14 salaries)	₹3.6 L/yr - ₹10.2 L/yr 15% less
PNB Housing Finance Area Collection Manager Salary 7 - 18 years exp. (12 salaries)	₹5 L/yr - ₹17.5 L/yr 47% more

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Area Collection Manager salary at L&T Finance ranges between ₹3.5 Lakhs to ₹11 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 169 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Area Collection Manager salaries

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
5 years (14 salaries)	₹3.5 L/yr - ₹7 L/yr
6 years (21 salaries)	₹3.5 L/yr - ₹7.6 L/yr
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7 years (18 salaries)	₹3.5 L/yr - ₹8.3 L/yr
8 years (19 salaries)	₹4.3 L/yr - ₹8.7 L/yr
9 years (20 salaries)	₹4.9 L/yr - ₹9.5 L/yr
10 years (23 salaries)	₹5 L/yr - ₹10.1 L/yr
11 years (15 salaries)	₹4.3 L/yr - ₹11 L/yr
12 years (16 salaries)	₹5.2 L/yr - ₹10.7 L/yr
13 years (7 salaries)	₹6 L/yr - ₹9.6 L/yr
14 years (8 salaries)	₹6.2 L/yr - ₹10 L/yr
15+ years (8 salaries)	₹7 L/yr - ₹9.4 L/yr

View all

Similar Designation salaries in L&T Finance

Zonal Collection Manager Salary

(21 salaries)

₹26.5 L/yr - ₹53 L/yr

Branch Collection Manager Salary

(5 salaries)

₹3 L/yr - ₹6.7 L/yr

Collections Manager Salary

(180 salaries)

₹2.4 L/yr - ₹8.5 L/yr

Senior Area Collection Manager Salary

(4 salaries)

₹10.5 L/yr - ₹19 L/yr

Regional Collection Manager Salary

(140 salaries)

₹11.55 L/yr - ₹30 L/yr

Territory Collection Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Collection Officer Salary

(297 salaries)

₹1.15 L/yr - ₹3.6 L/yr

Senior Collection Officer Salary

(34 salaries)

₹1.7 L/yr - ₹3.55 L/yr

Area Manager Salary

(35 salaries)

₹4.9 L/yr - ₹14.82 L/yr

Recovery Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Top skills at L&T Finance for Area Collection Manager

Team Management Collection Management Collections Team Handling Collections Strategy Team Leading Loan Recovery Project Management Debt Management Agency Management Project Planning Project Coordination Collection Management Recovery Policies and Procedures

Salary related reviews for L&T Finance

4.1

Rated by 132 employees for salary & benefits

Area Collection Manager in Nagpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Jan 2020

4.0

for Salary and Benefits

Likes

Good organization..gives u chance for self improvement.easy policies.compensation n incentives are good.work life balance.

Salary - Good

+1 more

Dislikes

Only insecurity feels about job guarantee...company having bad history to sack employees.

Job security - Poor

Area Collection Manager in Pune

BFSI, Investments & Trading Department

4.0

• posted on 03 Nov 2020

4.0

for Salary and Benefits

Likes

Good work environment with various digital learning skills. Work load is divided equally. Management appreciate good performance. One of the best part is the incentive schemes brought into work after every quarter for better performance.

Salary - Good

+3 more

Dislikes

...rvisor don't care about your personal life which is not monitored by management. Salary Hike and appraisals are not upto the mark. Very slow financial growth .

Branch Manager in Hanwada

Full Time

Finance & Accounting Department

4.0

• posted on 10 Feb 2025

4.0

for Salary and Benefits

Likes

Work life Salary Skill development

Salary - Good

+4 more

Dislikes

Some kind of aggressive mentors monitoring, It's too worst to face and use some salary to work comparision words continue revert by supervisor and superior officials

Branch Manager in Madhubani

Full Time

Finance & Accounting Department

2.0

• posted on 01 Dec 2024

4.0

for Salary and Benefits

Likes

Salary credit on time in any condition

Salary - Good

+1 more

Dislikes

Leave Policy.if the senior wishes,he will make him work for 30 days in a month's.There is no Hr Policy.secondly even if you are eligible for prmotion,if your senior does not wants it then will not get promotion,and if your senior wants it but is not eligible then he will also get promotion.There is no Hr Policy at all.

Job security - Bad

+4 more

Branch Manager in Kochi

Full Time

Other Department

1.0

• posted on 01 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing here to be liked

Dislikes

...ated people to save their job. If you complaints, you will be their next target. Mandatory yearly bonus is a part of your salary. Actually its not given. Always cutting your incentives.

Salary - Bad

+6 more

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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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L&T Finance Area Collection Manager Salary FAQs

What is the salary of Area Collection Manager at L&T Finance?

Area Collection Manager salary at L&T Finance in India ranges between ₹3.5 Lakhs to ₹11.0 Lakhs for experience between 5 years to 16 years. According to our estimates it is 15% less than the average Area Collection Manager Salary in India. Salary estimates are based on 169 latest salaries received from various employees of L&T Finance India.

How does the salary of a Area Collection Manager at L&T Finance India compare with the average salary range for this job?

The average salary of a Area Collection Manager at L&T Finance is 15% less than the average salary of a Area Collection Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Area Collection Manager at L&T Finance?

Team Management, Collection Management, Collections, Team Handling and Collections Strategy are some of the popular skills required to work as a Area Collection Manager at L&T Finance India.

Which similar companies are paying more than L&T Finance to a Area Collection Manager in India?

Mahindra Rural Housing Finance Area Collection Manager Salary - ₹8.0 Lakhs to ₹22.0 Lakhs per year
Tata Capital Housing Finance Area Collection Manager Salary - ₹12.0 Lakhs to ₹16.2 Lakhs per year
HDFC Bank Area Collection Manager Salary - ₹6.2 Lakhs to ₹25.0 Lakhs per year
Aditya Birla Capital Area Collection Manager Salary - ₹8.9 Lakhs to ₹19.1 Lakhs per year
IDFC FIRST Bank Area Collection Manager Salary - ₹6.5 Lakhs to ₹20.0 Lakhs per year

What is the salary of a Area Collection Manager in companies similar to L&T Finance in India?

IndusInd Bank Area Collection Manager Salary - ₹6.0 Lakhs to ₹17.0 Lakhs per year
Axis Bank Area Collection Manager Salary - ₹6.5 Lakhs to ₹20.0 Lakhs per year
TVS Credit Area Collection Manager Salary - ₹7.1 Lakhs to ₹17.5 Lakhs per year
LendingKart Area Collection Manager Salary - ₹6.3 Lakhs to ₹18.0 Lakhs per year
HDB Financial Services Area Collection Manager Salary - ₹6.4 Lakhs to ₹17.4 Lakhs per year

What is the estimated take home salary of a Area Collection Manager at L&T Finance in India?

The estimated take-home salary of a Area Collection Manager at L&T Finance ranges between ₹56,674 per month to ₹58,097 per month in India. The take-home salary calculation is based on the average L&T Finance Area Collection Manager salary in India which ranges between ₹3.5 Lakhs to ₹11.0 Lakhs per year for employees with experience between 5 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Area Collection Manager at L&T Finance?

According to AmbitionBox, 87% of the L&T Finance Area Collection Managers reported a notice period of 3 Months, 7% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 356 responses on AmbitionBox in last 2 years.

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L&T Finance Area Collection Manager Salaries

L&T Finance Area Collection Manager salary in India ranges between ₹3.5 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 169 L&T Finance latest salaries received from various employees of L&T Finance.

L&T Finance Area Collection Manager salaries in India

Companies similar to L&T Finance for Area Collection Manager

Latest annual salaries shared by L&T Finance Area Collection Manager

Experience wise L&T Finance Area Collection Manager salaries

Similar Designation salaries in L&T Finance

Top skills at L&T Finance for Area Collection Manager

Salary related reviews for L&T Finance

Area Collection Manager in Nagpur

Area Collection Manager in Pune

Branch Manager in Hanwada

Branch Manager in Madhubani

Branch Manager in Kochi

L&T Finance Area Collection Manager Salary FAQs

Tell us how to improve this page.

L&T Finance Area Collection Manager Salaries by Location