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

5 - 13 years exp.

₹4 Lakhs - ₹10.7 Lakhs

Salary of majority employees

18% less than the average Area Collection Manager Salary in NBFC Companies for 5 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Collection Manager Salary 5 - 11 years exp. (10 salaries)	₹4 L/yr - ₹8 L/yr
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Finance & Accounting Area Collection Manager Salary 13 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.5 L/yr

Last Updated: 2 Mar 2025

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

L&T Finance Area Collection Manager Salary

5 - 13 years exp. (13 salaries)

₹4 L/yr - ₹10.7 L/yr

Company name	Avg Annual Salary	Open Jobs
TVS Credit Area Collection Manager Salary 7 - 11 years exp. (5 salaries)	₹8.8 L/yr - ₹13 L/yr 57% more
Aavas Financiers Area Collection Manager Salary 3 - 7 years exp. (4 salaries)	₹3.6 L/yr - ₹5.5 L/yr 40% less
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Mahindra Rural Housing Finance Area Collection Manager Salary 14 - 19 years exp. (3 salaries)	₹14 L/yr - ₹19.5 L/yr 143% more
Axis Bank Area Collection Manager Salary 11 - 21 years exp. (11 salaries)	₹6.9 L/yr - ₹18 L/yr 81% more
Jana Small Finance Bank Area Collection Manager Salary 3 - 12 years exp. (9 salaries)	₹3.5 L/yr - ₹5.5 L/yr 49% less

Area Collection Manager salary at L&T Finance ranges between ₹4 Lakhs to ₹10.7 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 13 latest salaries received from various employees of L&T Finance.

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

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
5 years (5 salaries)	₹4 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
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7 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
8 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
9 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
10 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
11 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
12 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr
13 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr

View all

Similar Designation salaries in L&T Finance

Regional Collection Manager Salary

(6 salaries)

₹15.75 L/yr - ₹29 L/yr

Zonal Collection Manager Salary

(4 salaries)

₹43 L/yr - ₹53 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

5.0

Rated by 1 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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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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 Indore?

The average salary of a Area Collection Manager at L&T Finance in Indore typically ranges from ₹4.0 Lakhs to ₹10.7 Lakhs per year, depending on experience (from 5 years to 13 years).

The top 10% of Area Collection Manager in Indore at L&T Finance earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹10.7 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 Indore?

The estimated take-home salary of a Area Collection Manager at L&T Finance in Indore typically ranges from ₹57,095 to ₹58,529 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹10.7 Lakhs per year for employees with experience ranging from 5 years to 13 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 Indore?

To be a Area Collection Manager at L&T Finance in Indore, 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?

Mahindra Rural Housing Finance	₹14.0 Lakhs to ₹19.5 Lakhs per year
Axis Bank	₹6.9 Lakhs to ₹18.0 Lakhs per year
TVS Credit	₹8.8 Lakhs to ₹13.0 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 Indore?

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

Aavas Financiers	₹3.6 Lakhs to ₹5.5 Lakhs per year
Jana Small Finance Bank	₹3.5 Lakhs to ₹5.5 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 Indore?

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

Experience	Average Salary Range
5 years	₹4.0 Lakhs to ₹7.0 Lakhs per year
6 years	₹5.7 Lakhs to ₹7.3 Lakhs per year
7 years	₹6.0 Lakhs to ₹7.6 Lakhs per year
8 years	₹6.3 Lakhs to ₹8.0 Lakhs per year

and so on.

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L&T Finance Area Collection Manager Salaries in Indore

L&T Finance Area Collection Manager salary in Indore ranges between ₹4 Lakhs to ₹10.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 L&T Finance latest salaries received from various employees of L&T Finance.