L&T Finance Patna Area Collection Manager Salaries by 20+ Employees (Updated 2025)

5 - 16 years exp.

₹3.9 Lakhs - ₹7.9 Lakhs

Salary of majority employees

22% less than the average Area Collection Manager Salary in NBFC Companies for 5 - 16 years of experience

Interested in this particular role? 34 job openings

Salaries in different departments

Finance & Accounting Area Collection Manager Salary 5 - 16 years exp. (12 salaries)	₹4.9 L/yr - ₹7.7 L/yr
BFSI, Investments & Trading Area Collection Manager Salary 9 - 11 years exp. (4 salaries)	₹4.8 L/yr - ₹7.9 L/yr
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Sales & Business Development Area Collection Manager Salary 5 - 11 years exp. (3 salaries)	₹5 L/yr - ₹8.1 L/yr

Last Updated: 15 Dec 2024

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

L&T Finance Area Collection Manager Salary

5 - 16 years exp. (23 salaries)

₹3.9 L/yr - ₹7.9 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Collection Manager Salary 14 - 15 years exp. (5 salaries)	₹9.1 L/yr - ₹17.2 L/yr 103% more
Axis Bank Area Collection Manager Salary 10 - 18 years exp. (14 salaries)	₹8.8 L/yr - ₹16.5 L/yr 87% more	1 job opening
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Bajaj Finance Area Collection Manager Salary 5 - 14 years exp. (16 salaries)	₹6 L/yr - ₹17.1 L/yr 44% more
Yes Bank Area Collection Manager Salary 7 - 15 years exp. (3 salaries)	₹7.6 L/yr - ₹11.4 L/yr 37% more	1 job opening
Mahindra Finance Area Collection Manager Salary 7 - 15 years exp. (7 salaries)	₹3.8 L/yr - ₹9.5 L/yr 2% more	2 job openings
HDB Financial Services Area Collection Manager Salary 9 - 17 years exp. (8 salaries)	₹8.3 L/yr - ₹15.5 L/yr 75% more	3 job openings
TVS Credit Area Collection Manager Salary 7 - 10 years exp. (4 salaries)	₹11.3 L/yr - ₹13 L/yr 85% more

Area Collection Manager salary at L&T Finance ranges between ₹3.9 Lakhs to ₹7.9 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 23 latest salaries received from various employees of L&T Finance.

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

Last Updated: 15 Dec 2024

Experience	Avg Annual Salary
5 years (3 salaries)	₹4.3 L/yr - ₹5.5 L/yr
6 years (4 salaries)	₹4.5 L/yr - ₹5.5 L/yr
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7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹6.3 L/yr
8 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹6.3 L/yr
9 years (3 salaries)	₹5 L/yr - ₹7.9 L/yr
10 years (4 salaries)	₹5.5 L/yr - ₹11.9 L/yr
11 years (3 salaries)	₹4.8 L/yr - ₹12.4 L/yr
12 years (AmbitionBox Estimate)	₹6 L/yr - ₹13 L/yr
13 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
14 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
15+ years (AmbitionBox Estimate)	₹7.7 L/yr - ₹14.8 L/yr

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Similar Designation salaries in L&T Finance

Regional Collection Manager Salary

(9 salaries)

₹13.5 L/yr - ₹30 L/yr

Collection Officer Salary

(8 salaries)

₹1.71 L/yr - ₹3 L/yr

Area Manager Salary

(3 salaries)

₹6 L/yr - ₹8.3 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

4.2

Rated by 5 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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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L&T Finance Area Collection Manager Salary FAQs

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

Area Collection Manager salary at L&T Finance in Patna ranges between ₹3.9 Lakhs to ₹7.9 Lakhs for experience between 5 years to 16 years. According to our estimates it is 22% less than the average Area Collection Manager Salary in India. Salary estimates are based on 23 latest salaries received from various employees of L&T Finance Patna.

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

The average salary of a Area Collection Manager at L&T Finance is 22% less than the average salary of a Area Collection Manager in Patna. 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 Patna.

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

HDFC Bank Area Collection Manager Salary - ₹9.1 Lakhs to ₹17.2 Lakhs per year
Axis Bank Area Collection Manager Salary - ₹8.8 Lakhs to ₹16.5 Lakhs per year
TVS Credit Area Collection Manager Salary - ₹11.3 Lakhs to ₹13.0 Lakhs per year
HDB Financial Services Area Collection Manager Salary - ₹8.3 Lakhs to ₹15.5 Lakhs per year
Bajaj Finance Area Collection Manager Salary - ₹6.0 Lakhs to ₹17.1 Lakhs per year

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

Yes Bank Area Collection Manager Salary - ₹7.6 Lakhs to ₹11.4 Lakhs per year
Mahindra Finance Area Collection Manager Salary - ₹3.8 Lakhs to ₹9.5 Lakhs per year

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

The estimated take-home salary of a Area Collection Manager at L&T Finance ranges between ₹51,753 per month to ₹52,973 per month in Patna. The take-home salary calculation is based on the average L&T Finance Area Collection Manager salary in India which ranges between ₹3.9 Lakhs to ₹7.9 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 in Patna?

According to AmbitionBox, 88% of the L&T Finance Area Collection Managers in Patna reported a notice period of 3 Months, 6% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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L&T Finance Area Collection Manager Salaries in Patna

L&T Finance Area Collection Manager salary in Patna ranges between ₹3.9 Lakhs to ₹7.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 L&T Finance latest salaries received from various employees of L&T Finance.