L&T Finance Mumbai Collection Officer Salaries by 10+ Employees

1 - 6 years exp.

₹1.5 Lakh - ₹3.8 Lakhs

Salary of majority employees

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5% less than the average Collection Officer Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting Collection Officer Salary 3 - 4 years exp. (3 salaries)	Unlock ₹2.5 L/yr - ₹3.5 L/yr
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Customer Success, Service & Operations Collection Officer Salary 4 years exp. (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹3.5 L/yr

Last Updated: 19 Dec 2024

Companies similar to L&T Finance for Collection Officer in Mumbai

L&T Finance Collection Officer Salary

1 - 6 years exp. (13 salaries)

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₹1.5 L/yr - ₹3.8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collection Officer Salary 0 - 7 years exp. (41 salaries)	Unlock ₹1.5 L/yr - ₹3.5 L/yr 2% more
Kotak Mahindra Bank Collection Officer Salary 3 - 5 years exp. (6 salaries)	Unlock ₹2 L/yr - ₹3.7 L/yr 7% more
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Bajaj Finance Collection Officer Salary 0 - 8 years exp. (15 salaries)	Unlock ₹1.5 L/yr - ₹5.1 L/yr 45% more
Mahindra Finance Collection Officer Salary 1 - 5 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹3.5 L/yr 19% more
HDB Financial Services Collection Officer Salary 0 - 8 years exp. (117 salaries)	Unlock ₹1 L/yr - ₹4.5 L/yr 4% less	1 job opening
Sammaan Capital Limited Collection Officer Salary 1 - 8 years exp. (22 salaries)	Unlock ₹2 L/yr - ₹3.6 L/yr 8% more
SMFG India Credit Collection Officer Salary 3 - 6 years exp. (12 salaries)	Unlock ₹2 L/yr - ₹4 L/yr 23% more
IIFL Finance Collection Officer Salary 1 - 10 years exp. (7 salaries)	Unlock ₹2.2 L/yr - ₹4 L/yr 27% more
Shriram Finance Collection Officer Salary 3 - 8 years exp. (5 salaries)	Unlock ₹2.2 L/yr - ₹3.5 L/yr 18% more
Satin Creditcare Network Collection Officer Salary 2 - 6 years exp. (4 salaries)	Unlock ₹2.5 L/yr - ₹3.5 L/yr 12% more

Collection Officer salary at L&T Finance ranges between ₹1.5 Lakh to ₹3.8 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 13 latest salaries received from various employees of L&T Finance.

Latest annual salaries shared by L&T Finance Collection Officer in Mumbai

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4 years exp.

5mo ago

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2 years exp.

7mo ago

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6 years exp.

1y ago

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4 years exp.

1y ago

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3 years exp.

1y ago

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3 years exp.

1y ago

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2 years exp.

1y ago

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4 years exp.

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4 years exp.

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2 years exp.

Experience wise L&T Finance Collection Officer salaries in Mumbai

Last Updated: 19 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹1.6 L/yr - ₹4.3 L/yr
2 years (3 salaries)	Unlock ₹1.5 L/yr - ₹4.4 L/yr
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3 years (4 salaries)	Unlock ₹1.9 L/yr - ₹3.5 L/yr
4 years (4 salaries)	Unlock ₹1 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹2.3 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹3.8 L/yr

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From

Collection Officer

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1 - 7 years exp.

Collections Executive

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0 - 10 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in L&T Finance

Officer Salary

(22 salaries)

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₹1.2 L/yr - ₹3.6 L/yr

Sales Officer Salary

(13 salaries)

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₹1.45 L/yr - ₹2.9 L/yr

Collections Manager Salary

(13 salaries)

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₹4.45 L/yr - ₹8.5 L/yr

Senior Collection Officer Salary

(4 salaries)

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₹2.05 L/yr - ₹3.05 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

4.6

Rated by 4 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 Rewa

Finance & Accounting Department

5.0

• posted on 12 Jan 2021

5.0

for Salary and Benefits

Likes

Good work in government and company culture management and everything's are very good company call company policy and company culture manager and all Arif management appreciate every associate.

Salary - Excellent

+6 more

Dislikes

Thereis alot of politics and management dose not address our issues and salary hike is very slow job training not given to new joining

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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L&T Finance Collection Officer Salary FAQs

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

Collection Officer salary at L&T Finance in Mumbai ranges between ₹1.5 Lakhs to ₹3.8 Lakhs for experience between 1 years to 6 years. According to our estimates it is 5% less than the average Collection Officer Salary in India. Salary estimates are based on 13 latest salaries received from various employees of L&T Finance Mumbai.

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

The average salary of a Collection Officer at L&T Finance is 5% less than the average salary of a Collection Officer in Mumbai. 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 Mumbai.

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

Bajaj Finance Collection Officer Salary - ₹1.5 Lakhs to ₹5.1 Lakhs per year
IIFL Finance Collection Officer Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year
SMFG India Credit Collection Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
Mahindra Finance Collection Officer Salary - ₹3.0 Lakhs to ₹3.5 Lakhs per year
Shriram Finance Collection Officer Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year

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

Satin Creditcare Network Collection Officer Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year
Sammaan Capital Limited Collection Officer Salary - ₹2.0 Lakhs to ₹3.6 Lakhs per year
Kotak Mahindra Bank Collection Officer Salary - ₹2.0 Lakhs to ₹3.7 Lakhs per year
HDFC Bank Collection Officer Salary - ₹1.5 Lakhs to ₹3.5 Lakhs per year
HDB Financial Services 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 Mumbai?

The estimated take-home salary of a Collection Officer at L&T Finance ranges between ₹17,815 per month to ₹19,511 per month in Mumbai. The take-home salary calculation is based on the average L&T Finance Collection Officer salary in India which ranges between ₹1.5 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the L&T Finance Collection Officers in Mumbai reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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L&T Finance Collection Officer Salaries in Mumbai

L&T Finance Collection Officer salary in Mumbai ranges between ₹1.5 Lakh to ₹3.8 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.