L&T Finance Mumbai Branch Collection Manager Salaries by 2 Employees

6 - 7 years exp.

₹6 Lakhs - ₹7.7 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 25 Oct 2023

Companies similar to L&T Finance for Branch Collection Manager in Mumbai

L&T Finance Branch Collection Manager Salary

6 - 7 years exp. (AmbitionBox Estimate)

₹6 L/yr - ₹7.7 L/yr

Company name	Avg Annual Salary	Open Jobs
PNB Housing Finance Branch Collection Manager Salary 5 - 8 years exp. (3 salaries)	₹5.4 L/yr - ₹7.1 L/yr 18% less
Shriram Finance Branch Collection Manager Salary 5 - 11 years exp. (3 salaries)	₹3.5 L/yr - ₹6 L/yr 28% less
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Piramal Capital Housing Finance Branch Collection Manager Salary 4 - 10 years exp. (6 salaries)	₹3.6 L/yr - ₹7.2 L/yr 24% less
Reliance Money Branch Collection Manager Salary 9 - 12 years exp. (6 salaries)	₹4 L/yr - ₹6.4 L/yr 25% less
Truhome Finance Branch Collection Manager Salary 7 - 14 years exp. (5 salaries)	₹5 L/yr - ₹7 L/yr 23% less

Branch Collection Manager salary at L&T Finance ranges between ₹6 Lakhs to ₹7.7 Lakhs per year for employees with experience between 6 years to 7 years. Salary estimates are based on 2 latest salaries received from various employees of L&T Finance.

Similar Designation salaries in L&T Finance

Collection Officer Salary

(14 salaries)

₹1.5 L/yr - ₹3.76 L/yr

Collections Manager Salary

(13 salaries)

₹4.45 L/yr - ₹8.5 L/yr

Regional Collection Manager Salary

(8 salaries)

₹12 L/yr - ₹27.7 L/yr

Senior Collection Officer Salary

(4 salaries)

₹2.05 L/yr - ₹3.05 L/yr

Zonal Collection Manager Salary

(3 salaries)

₹43 L/yr - ₹44 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

Sales Executive in Chandigarh

Full Time

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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

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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

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4.0

• posted on 10 Feb 2025

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for Salary and Benefits

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Work life Salary Skill development

Salary - Good

+4 more

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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

How the salary growth look like for a Branch Collection Manager at L&T Finance in Mumbai?

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

Experience	Average Salary Range
6 years	₹6.0 Lakhs to ₹7.7 Lakhs per year
7 years	₹6.0 Lakhs to ₹7.7 Lakhs per year

and so on.

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L&T Finance Branch Collection Manager Salaries in Mumbai

L&T Finance Branch Collection Manager salary in Mumbai ranges between ₹6 Lakhs to ₹7.7 Lakhs. This is an estimate based on latest salaries received from employees of L&T Finance.