L&T Finance Bangalore / Bengaluru Area Collection Manager Salaries by 10+ Employees (Updated 2025)

5 - 15 years exp.

₹4.8 Lakhs - ₹12.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Area Collection Manager Salary in NBFC Companies for 5 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Collection Manager Salary 6 - 14 years exp. (9 salaries)	₹5.2 L/yr - ₹12.5 L/yr
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Finance & Accounting Area Collection Manager Salary 7 - 15 years exp. (3 salaries)	₹4.8 L/yr - ₹11.5 L/yr

Last Updated: 2 Feb 2025

Companies similar to L&T Finance for Area Collection Manager in Bangalore / Bengaluru

L&T Finance Area Collection Manager Salary

5 - 15 years exp. (16 salaries)

₹4.8 L/yr - ₹12.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Area Collection Manager Salary 8 - 15 years exp. (10 salaries)	₹4.1 L/yr - ₹11.5 L/yr 19% less	2 job openings
TVS Credit Area Collection Manager Salary 8 - 18 years exp. (4 salaries)	₹10 L/yr - ₹15 L/yr 48% more
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Kotak Mahindra Prime Area Collection Manager Salary 9 - 12 years exp. (3 salaries)	₹6.4 L/yr - ₹11 L/yr 12% more
Sundaram Finance Area Collection Manager Salary 22 - 24 years exp. (3 salaries)	₹12.1 L/yr - ₹17.5 L/yr 74% more
Jana Small Finance Bank Area Collection Manager Salary 3 - 12 years exp. (21 salaries)	₹2.2 L/yr - ₹5.6 L/yr 54% less	1 job opening

Area Collection Manager salary at L&T Finance ranges between ₹4.8 Lakhs to ₹12.5 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 16 latest salaries received from various employees of L&T Finance.

Latest annual salaries shared by L&T Finance Area Collection Manager in Bangalore / Bengaluru

2mo ago

₹12.5 Lakhs

14 years exp.

1y ago

₹5.5 Lakhs

5 years exp.

1y ago

₹8.5 Lakhs

10 years exp.

1y ago

₹11.5 Lakhs

15 years exp.

1y ago

₹8.6 Lakhs

13 years exp.

1y ago

10 years exp.

1y ago

14 years exp.

1y ago

9 years exp.

1y ago

6 years exp.

Experience wise L&T Finance Area Collection Manager salaries in Bangalore / Bengaluru

Last Updated: 2 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.9 L/yr
6 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
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7 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
8 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
9 years (3 salaries)	₹7 L/yr - ₹9.5 L/yr
10 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
11 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
12 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
13 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
14 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.3 L/yr
15+ years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr

View all

Similar Designation salaries in L&T Finance

Collection Officer Salary

(13 salaries)

₹2.2 L/yr - ₹3.5 L/yr

Regional Collection Manager Salary

(9 salaries)

₹15.5 L/yr - ₹30 L/yr

Collections Manager Salary

(9 salaries)

₹3 L/yr - ₹7 L/yr

Zonal Collection Manager Salary

(3 salaries)

₹30 L/yr - ₹36.95 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

3.8

Rated by 7 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 .

Sales Executive in Chandigarh

Full Time

Finance & Accounting Department

4.0

• posted on 24 Mar 2025

5.0

for Salary and Benefits

Likes

This is a very good company. Company culture is also good and all co-workers are very helpful and 24 hour salary system is also very good.And the company has a very good health policy

Salary - Excellent

+3 more

Dislikes

The company is good but the salary is not right as per the time, it is very less and neither is the incentive structure right

Promotions - Poor

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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L&T Finance Area Collection Manager Salary FAQs

What is the salary of Area Collection Manager at L&T Finance in Bangalore / Bengaluru?

The average salary of a Area Collection Manager at L&T Finance in Bangalore / Bengaluru typically ranges from ₹4.8 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 5 years to 15 years).

The top 10% of Area Collection Manager in Bangalore / Bengaluru at L&T Finance earn more than ₹11.3 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Area Collection Manager Salaries at L&T 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 10+ L&T Finance employees in India.

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

The estimated take-home salary of a Area Collection Manager at L&T Finance in Bangalore / Bengaluru typically ranges from ₹63,454 to ₹65,069 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 5 years to 15 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 10+ salaries received from various employees of L&T Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Area Collection Manager at L&T Finance in Bangalore / Bengaluru?

To be a Area Collection Manager at L&T Finance in Bangalore / Bengaluru, the key skills required include:

- Team Management
- Collection Management
- Collections
- Team Handling
- Collections Strategy

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

Which companies offer higher salaries than L&T Finance for Area Collection Manager in India?

Sundaram Finance	₹12.1 Lakhs to ₹17.5 Lakhs per year
TVS Credit	₹10.0 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindra Prime	₹6.4 Lakhs to ₹11.0 Lakhs per year

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

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

The salary of a Area Collection Manager at companies similar to L&T Finance in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra Finance	₹4.1 Lakhs to ₹11.5 Lakhs per year
Jana Small Finance Bank	₹2.2 Lakhs to ₹5.6 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 Area Collection Manager at L&T Finance in Bangalore / Bengaluru?

The salary growth for a Area Collection Manager at L&T Finance in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Area Collection Manager in Bangalore / Bengaluru can expect the following growth trajectory at L&T Finance:

Experience	Average Salary Range
5 years	₹6.1 Lakhs to ₹7.9 Lakhs per year
6 years	₹6.4 Lakhs to ₹8.2 Lakhs per year
7 years	₹6.7 Lakhs to ₹8.6 Lakhs per year
8 years	₹7.1 Lakhs to ₹9.0 Lakhs per year

and so on.

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L&T Finance Area Collection Manager Salaries in Bangalore / Bengaluru

L&T Finance Area Collection Manager salary in Bangalore / Bengaluru ranges between ₹4.8 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 L&T Finance latest salaries received from various employees of L&T Finance.

L&T Finance Area Collection Manager salaries in Bangalore / Bengaluru (Updated 2025)

Companies similar to L&T Finance for Area Collection Manager in Bangalore / Bengaluru

Latest annual salaries shared by L&T Finance Area Collection Manager in Bangalore / Bengaluru

Experience wise L&T Finance Area Collection Manager salaries in Bangalore / Bengaluru

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

Sales Executive in Chandigarh

Branch Manager in Hanwada

Branch Manager in Madhubani

L&T Finance Area Collection Manager Salary FAQs

Tell us how to improve this page.