L&T Finance Branch Collection Manager Salaries by 5 Employees

5 - 7 years exp.

₹3 Lakhs - ₹6.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Branch Collection Manager Salary in NBFC Companies for 5 - 7 years of experience

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Last Updated: 25 Oct 2023

Companies similar to L&T Finance for Branch Collection Manager

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Branch Collection Manager Salary 4 - 11 years exp. (197 salaries)	₹2.5 L/yr - ₹6.6 L/yr 10% less
Mahindra Rural Housing Finance Branch Collection Manager Salary 2 - 15 years exp. (117 salaries)	₹1.5 L/yr - ₹6 L/yr 9% less
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SMFG India Credit Branch Collection Manager Salary 1 - 11 years exp. (35 salaries)	₹2.1 L/yr - ₹5.5 L/yr 20% less	1 job opening
Kotak Mahindra Prime Branch Collection Manager Salary 7 - 16 years exp. (18 salaries)	₹3.6 L/yr - ₹9 L/yr 43% more
PNB Housing Finance Branch Collection Manager Salary 5 - 12 years exp. (15 salaries)	₹4 L/yr - ₹7.1 L/yr 16% more
Manappuram Finance Branch Collection Manager Salary 4 - 10 years exp. (10 salaries)	₹3.5 L/yr - ₹5 L/yr 8% less
Mahindra Finance Branch Collection Manager Salary 3 - 10 years exp. (6 salaries)	₹1.8 L/yr - ₹3.7 L/yr 44% less
IIFL Finance Branch Collection Manager Salary 0 - 5 years exp. (5 salaries)	₹3.2 L/yr - ₹4 L/yr 23% less
Sammaan Capital Limited Branch Collection Manager Salary 6 - 15 years exp. (4 salaries)	₹3.8 L/yr - ₹7.2 L/yr 15% more

Branch Collection Manager salary at L&T Finance ranges between ₹3 Lakhs to ₹6.7 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Branch Collection Manager salaries

Last Updated: 25 Oct 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.7 L/yr
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7 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.7 L/yr

Similar Designation salaries in L&T Finance

Area Collection Manager Salary

(134 salaries)

₹3.5 L/yr - ₹12.5 L/yr

Zonal Collection Manager Salary

(20 salaries)

₹30 L/yr - ₹56 L/yr

Regional Collection Manager Salary

(150 salaries)

₹11 L/yr - ₹32 L/yr

Collections Manager Salary

(181 salaries)

₹2.4 L/yr - ₹9 L/yr

Territory Collection Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Senior Area Collection Manager Salary

(4 salaries)

₹10.5 L/yr - ₹19 L/yr

Senior Collection Officer Salary

(38 salaries)

₹1.7 L/yr - ₹3.55 L/yr

Branch Manager Salary

(218 salaries)

₹2.2 L/yr - ₹6.34 L/yr

Collection Officer Salary

(292 salaries)

₹1.2 L/yr - ₹3.85 L/yr

Recovery Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Top skills at L&T Finance for Branch Collection Manager

Collection Management Collections Team Handling Finance Salesforce Team Leading Loan Recovery Branch Management Communication Skills Project Management Project Planning Project Coordination Team Management Commercial Vehicle Loans

Salary related reviews for L&T Finance

5.0

Rated by 1 employees for salary & benefits

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

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

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

Salary - Good

+1 more

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.

Job security - Poor

+1 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 Branch Collection Manager Salary FAQs

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

The average salary of a Branch Collection Manager at L&T Finance in India typically ranges from ₹3.0 Lakhs to ₹6.7 Lakhs per year, depending on experience (from 5 years to 7 years).

The top 10% of Branch Collection Manager at L&T Finance earn more than ₹6.7 Lakhs per year, and the top 1% earn over ₹6.7 Lakhs per year. Branch 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 5 L&T Finance employees in India.

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

The estimated take-home salary of a Branch Collection Manager at L&T Finance in India typically ranges from ₹35,109 to ₹36,347 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹6.7 Lakhs per year for employees with experience ranging from 5 years to 7 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 5 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 Branch Collection Manager at L&T Finance ?

To be a Branch Collection Manager at L&T Finance in india, the key skills required include:

- Collection Management
- Collections
- Team Handling
- Finance
- Salesforce

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 Branch Collection Manager in India?

Kotak Mahindra Prime	₹3.6 Lakhs to ₹9.0 Lakhs per year
PNB Housing Finance	₹4.0 Lakhs to ₹7.1 Lakhs per year
Sammaan Capital Limited	₹3.8 Lakhs to ₹7.2 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 Branch Collection Manager in companies similar to L&T Finance in India?

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

Manappuram Finance	₹3.5 Lakhs to ₹5.0 Lakhs per year
Mahindra Rural Housing Finance	₹1.5 Lakhs to ₹6.0 Lakhs per year
Shriram Finance	₹2.5 Lakhs to ₹6.6 Lakhs per year
SMFG India Credit	₹2.1 Lakhs to ₹5.5 Lakhs per year
IIFL Finance	₹3.2 Lakhs to ₹4.0 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 Branch Collection Manager at L&T Finance in India?

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

Experience	Average Salary Range
5 years	₹3.0 Lakhs to ₹4.5 Lakhs per year
6 years	₹3.0 Lakhs to ₹6.7 Lakhs per year
7 years	₹2.4 Lakhs to ₹6.7 Lakhs per year

and so on.

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L&T Finance Branch Collection Manager Salaries

L&T Finance Branch Collection Manager salary in India ranges between ₹3 Lakhs to ₹6.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 L&T Finance latest salaries received from various employees of L&T Finance.