L&T Finance Collection Officer Salaries by 300+ Employees (Updated 2025)

1 - 7 years exp.

₹1.2 Lakh - ₹3.9 Lakhs

Salary of majority employees

14% less than the average Collection Officer Salary in NBFC Companies for 1 - 7 years of experience

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Salaries in different departments

Finance & Accounting Collection Officer Salary 1 - 7 years exp. (107 salaries)	₹1.4 L/yr - ₹3.9 L/yr
BFSI, Investments & Trading Collection Officer Salary 1 - 6 years exp. (65 salaries)	₹1.2 L/yr - ₹3.3 L/yr
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Customer Success, Service & Operations Collection Officer Salary 1 - 6 years exp. (39 salaries)	₹1.6 L/yr - ₹3.5 L/yr
Sales & Business Development Collection Officer Salary 1 - 6 years exp. (14 salaries)	₹1.6 L/yr - ₹3 L/yr
Marketing & Communication Collection Officer Salary 1 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹3.1 L/yr

Last Updated: 6 Jan 2025

Companies similar to L&T Finance for Collection Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collection Officer Salary 0 - 7 years exp. (428 salaries)	₹1.2 L/yr - ₹4.3 L/yr 8% more
ICICI Bank Collection Officer Salary 2 - 6 years exp. (55 salaries)	₹1.3 L/yr - ₹3.6 L/yr 6% more
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Axis Bank Collection Officer Salary 1 - 10 years exp. (28 salaries)	₹1.2 L/yr - ₹3.8 L/yr 8% more
Kotak Mahindra Bank Collection Officer Salary 2 - 8 years exp. (53 salaries)	₹1.6 L/yr - ₹4.1 L/yr 15% more
Bajaj Finance Collection Officer Salary 0 - 8 years exp. (213 salaries)	₹1.1 L/yr - ₹5.6 L/yr 53% more
IndusInd Bank Collection Officer Salary 0 - 9 years exp. (91 salaries)	₹1.4 L/yr - ₹4.5 L/yr 16% more
Tata Capital Collection Officer Salary 1 - 12 years exp. (37 salaries)	₹2 L/yr - ₹4.4 L/yr 36% more	9 job openings
Aditya Birla Finance Collection Officer Salary 1 - 9 years exp. (48 salaries)	₹2.5 L/yr - ₹5.2 L/yr 71% more
IDFC FIRST Bank Collection Officer Salary 0 - 9 years exp. (101 salaries)	₹1.8 L/yr - ₹3.9 L/yr 15% more
Mahindra Finance Collection Officer Salary 1 - 8 years exp. (144 salaries)	₹1.5 L/yr - ₹4.5 L/yr 20% more

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Collection Officer salary at L&T Finance ranges between ₹1.2 Lakh to ₹3.9 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 341 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Collection Officer salaries

Last Updated: 6 Jan 2025

Experience	Avg Annual Salary
1 year (45 salaries)	₹1.2 L/yr - ₹3.1 L/yr
2 years (71 salaries)	₹1.2 L/yr - ₹3.5 L/yr
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3 years (65 salaries)	₹1.2 L/yr - ₹3.5 L/yr
4 years (67 salaries)	₹1.3 L/yr - ₹3.6 L/yr
5 years (59 salaries)	₹1.6 L/yr - ₹3.9 L/yr
6 years (28 salaries)	₹1.6 L/yr - ₹3.8 L/yr
7 years (6 salaries)	₹1.7 L/yr - ₹3.2 L/yr

View all

Similar Designation salaries in L&T Finance

Collections Manager Salary

(173 salaries)

₹2.4 L/yr - ₹8.5 L/yr

Senior Collection Officer Salary

(34 salaries)

₹1.7 L/yr - ₹3.55 L/yr

Collection Associate Salary

(4 salaries)

₹1.9 L/yr - ₹4.8 L/yr

Sales Officer Salary

(145 salaries)

₹1.4 L/yr - ₹3.84 L/yr

Relationship Officer Salary

(15 salaries)

₹1.8 L/yr - ₹2.5 L/yr

Field Officer Salary

(161 salaries)

₹1.35 L/yr - ₹4 L/yr

Recovery Officer Salary

(3 salaries)

₹2 L/yr - ₹2.15 L/yr

Area Collection Manager Salary

(168 salaries)

₹3.5 L/yr - ₹12 L/yr

Officer Salary

(30 salaries)

₹1.2 L/yr - ₹2.8 L/yr

Computer Operator Salary

(5 salaries)

₹1.15 L/yr - ₹3.1 L/yr

Top skills at L&T Finance for Collection Officer

Collections Finance Customer Service Team Management Collection Management Loan Recovery Communication Skills Compliance Salesforce Debt Recovery Credit Collection Debtors Control Export Documentation Reconciliation Debt Management

Salary related reviews for L&T Finance

4.0

Rated by 177 employees for salary & benefits

Collection Officer in Jabalpur

Full Time

Finance & Accounting Department

4.0

• posted on 05 Mar 2023

1.0

for Salary and Benefits

Likes

L and me Collection officer ki job me salary bhut kam hai traget pura karne k baad bhi incentive nahi aata loan dena bhi band kar diya

Skill development - Excellent

+4 more

Dislikes

Work theek salary bhut jyda kam h jesa naam hai wesi bilkul nahi hai

Salary - Bad

+1 more

Collection Officer in Kolkata

Full Time

Finance & Accounting Department

5.0

• posted on 02 Dec 2021

3.0

for Salary and Benefits

Likes

Very bad work environment.Teammates are supportive but management are not support any time.company appraisal is very very bad.no good salary & no bonus..

Skill development - Excellent

+1 more

Dislikes

Career growth is very slow..actually lot of politics..no increments &no salary increase

Job security - Bad

+2 more

Collection Officer in Bihar Sharif

Finance & Accounting Department

5.0

• posted on 06 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign on the job training is not given to new joining l

Collection Officer in Kumta

Finance & Accounting Department

5.0

• posted on 06 Feb 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees

Collection Officer in Patna

Finance & Accounting Department

5.0

• posted on 01 Mar 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address aur issues salary is decent but career growth is slow there is a bond of 2 years before which you cannot resing. On the job training is not given to new joiners.

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What people are saying about L&T Finance

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amangupta9965

works at

Tussle Digital Pvt Ltd

IT Quarterly Awards - Q2 FY'24

I am thrilled to share that I have received an certificate of appreciation for Q2 FY'24, a true honor for my hard work and dedication. I want to express my sincere gratitude to L&T Finance Team for their support, guidance, and collaboration, which played a significant role in achieving this milestone.

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L&T Finance Collection Officer Salary FAQs

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

Collection Officer salary at L&T Finance in India ranges between ₹1.2 Lakhs to ₹3.9 Lakhs for experience between 1 years to 7 years. According to our estimates it is 14% less than the average Collection Officer Salary in India. Salary estimates are based on 341 latest salaries received from various employees of L&T Finance India.

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

The average salary of a Collection Officer at L&T Finance is 14% less than the average salary of a Collection Officer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Collection Officer at L&T Finance?

Collections, Finance, Customer Service, Team Management and Collection Management are some of the popular skills required to work as a Collection Officer at L&T Finance India.

Which similar companies are paying more than L&T Finance to a Collection Officer in India?

Aditya Birla Finance Collection Officer Salary - ₹2.5 Lakhs to ₹5.2 Lakhs per year
Aditya Birla Capital Collection Officer Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
Bajaj Finance Collection Officer Salary - ₹1.1 Lakhs to ₹5.6 Lakhs per year
Manappuram Finance Collection Officer Salary - ₹2.8 Lakhs to ₹4.5 Lakhs per year
Capri Global Capital Collection Officer Salary - ₹2.8 Lakhs to ₹4.0 Lakhs per year

What is the salary of a Collection Officer in companies similar to L&T Finance in India?

Tata Capital Collection Officer Salary - ₹2.0 Lakhs to ₹4.4 Lakhs per year
Shriram Finance Collection Officer Salary - ₹1.9 Lakhs to ₹4.5 Lakhs per year
IIFL Finance Collection Officer Salary - ₹1.8 Lakhs to ₹4.2 Lakhs per year
TVS Credit Collection Officer Salary - ₹1.5 Lakhs to ₹4.6 Lakhs per year
SMFG India Credit Collection Officer Salary - ₹1.0 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Collection Officer at L&T Finance ranges between ₹16,200 per month to ₹17,871 per month in India. The take-home salary calculation is based on the average L&T Finance Collection Officer salary in India which ranges between ₹1.2 Lakhs to ₹3.9 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Collection Officer at L&T Finance?

According to AmbitionBox, 74% of the L&T Finance Collection Officers reported a notice period of 1 Month, 19% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 284 responses on AmbitionBox in last 2 years.

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L&T Finance Collection Officer Salaries

L&T Finance Collection Officer salary in India ranges between ₹1.2 Lakh to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 341 L&T Finance latest salaries received from various employees of L&T Finance.

L&T Finance Collection Officer salaries in India

Companies similar to L&T Finance for Collection Officer

Latest annual salaries shared by L&T Finance Collection Officer

Experience wise L&T Finance Collection Officer salaries

Similar Designation salaries in L&T Finance

Top skills at L&T Finance for Collection Officer

Salary related reviews for L&T Finance

Collection Officer in Jabalpur

Collection Officer in Kolkata

Collection Officer in Bihar Sharif

Collection Officer in Kumta

Collection Officer in Patna

L&T Finance Collection Officer Salary FAQs

Tell us how to improve this page.

L&T Finance Collection Officer Salaries by Location