L&T Finance Chennai Area Collection Manager Salaries by 10 Employees (Updated 2024)

6 - 15 years exp.

₹4.6 Lakhs - ₹9.1 Lakhs

Salary of majority employees

9% less than the average Area Collection Manager Salary in NBFC Companies for 6 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Collection Manager Salary 8 - 15 years exp. (8 salaries)	₹4.6 L/yr - ₹9.1 L/yr
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Finance & Accounting Area Collection Manager Salary 6 - 14 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹9.1 L/yr

Last Updated: 19 Sep 2024

Companies similar to L&T Finance for Area Collection Manager in Chennai

L&T Finance Area Collection Manager Salary

6 - 15 years exp. (10 salaries)

₹4.6 L/yr - ₹9.1 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Area Collection Manager Salary 10 - 15 years exp. (4 salaries)	₹7.5 L/yr - ₹11.1 L/yr 27% more
Axis Bank Area Collection Manager Salary 14 - 16 years exp. (3 salaries)	₹7.5 L/yr - ₹12 L/yr 43% more
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Bajaj Finance Area Collection Manager Salary 5 - 15 years exp. (19 salaries)	₹5.5 L/yr - ₹18 L/yr 26% more
IDFC FIRST Bank Area Collection Manager Salary 9 - 17 years exp. (9 salaries)	₹7.5 L/yr - ₹16 L/yr 55% more
Mahindra Finance Area Collection Manager Salary 10 - 16 years exp. (10 salaries)	₹4.9 L/yr - ₹8.9 L/yr 18% less
HDB Financial Services Area Collection Manager Salary 13 - 19 years exp. (5 salaries)	₹8.5 L/yr - ₹15.6 L/yr 43% more
SMFG India Credit Area Collection Manager Salary 7 - 17 years exp. (4 salaries)	₹5.7 L/yr - ₹11.1 L/yr 20% less

Area Collection Manager salary at L&T Finance ranges between ₹4.6 Lakhs to ₹9.1 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 10 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Area Collection Manager salaries in Chennai

Last Updated: 19 Sep 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹12.3 L/yr
7 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
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8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹13.3 L/yr
9 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
10 years (3 salaries)	₹7.5 L/yr - ₹8.2 L/yr
11 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹14.8 L/yr
12 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹15.3 L/yr
13 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
14 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹9.1 L/yr
15+ years (AmbitionBox Estimate)	₹7 L/yr - ₹17.1 L/yr

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Similar Designation salaries in L&T Finance

Collections Manager Salary

(7 salaries)

₹5.5 L/yr - ₹8.6 L/yr

Regional Collection Manager Salary

(5 salaries)

₹11.55 L/yr - ₹26.43 L/yr

Area Manager Salary

(3 salaries)

₹9.2 L/yr - ₹9.8 L/yr

Top skills at L&T Finance for Area Collection Manager

Collection Management Recovery Collections Team Handling Microfinance housing finance

Salary related reviews for L&T Finance

5.0

Rated by 2 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.

Dislikes

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

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.

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 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

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.

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.

Branch Manager in Kusheshwar Asthan

Full Time

Sales & Business Development Department

4.0

• posted on 06 Aug 2024

4.0

for Salary and Benefits

Likes

When I was working in L&T finance I was feeling very good, I got promotion and salary benefits

Dislikes

I am telling you what happened to me, low level bosses make us work as per their wish, why is it not wrong, on small matters they tell us to resign.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

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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L&T Finance Area Collection Manager Salary FAQs

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

Area Collection Manager salary at L&T Finance in Chennai ranges between ₹4.6 Lakhs to ₹9.1 Lakhs for experience between 6 years to 15 years. According to our estimates it is 9% less than the average Area Collection Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of L&T Finance Chennai.

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

The average salary of a Area Collection Manager at L&T Finance is 9% less than the average salary of a Area Collection Manager in Chennai. 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?

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

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

IDFC FIRST Bank Area Collection Manager Salary - ₹7.5 Lakhs to ₹16.0 Lakhs per year
HDB Financial Services Area Collection Manager Salary - ₹8.5 Lakhs to ₹15.6 Lakhs per year
Axis Bank Area Collection Manager Salary - ₹7.5 Lakhs to ₹12.0 Lakhs per year
ICICI Bank Area Collection Manager Salary - ₹7.5 Lakhs to ₹11.1 Lakhs per year
Bajaj Finance Area Collection Manager Salary - ₹5.5 Lakhs to ₹18.0 Lakhs per year

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

Mahindra Finance Area Collection Manager Salary - ₹4.9 Lakhs to ₹8.9 Lakhs per year
SMFG India Credit Area Collection Manager Salary - ₹5.7 Lakhs to ₹11.1 Lakhs per year

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

The estimated take-home salary of a Area Collection Manager at L&T Finance ranges between ₹59,641 per month to ₹61,147 per month in Chennai. The take-home salary calculation is based on the average L&T Finance Area Collection Manager salary in India which ranges between ₹4.6 Lakhs to ₹9.1 Lakhs per year for employees with experience between 6 years to 15 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the L&T Finance Area Collection Managers in Chennai reported a notice period of 3 Months.This is based on 11 responses on AmbitionBox in last 2 years.

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L&T Finance Area Collection Manager Salaries in Chennai

L&T Finance Area Collection Manager salary in Chennai ranges between ₹4.6 Lakhs to ₹9.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 L&T Finance latest salaries received from various employees of L&T Finance.