L&T Finance Collections Manager Salaries by 100+ Employees (Updated 2025)

4 - 12 years exp.

₹2.4 Lakhs - ₹8.5 Lakhs

Salary of majority employees

At par with the average Collections Manager Salary in NBFC Companies for 4 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 4 - 12 years exp. (68 salaries)	₹2.5 L/yr - ₹8.5 L/yr
Finance & Accounting Collections Manager Salary 4 - 12 years exp. (53 salaries)	₹2.5 L/yr - ₹8.3 L/yr
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Customer Success, Service & Operations Collections Manager Salary 6 - 11 years exp. (9 salaries)	₹3.6 L/yr - ₹8.5 L/yr
Risk Management & Compliance Collections Manager Salary 4 - 12 years exp. (7 salaries)	₹5 L/yr - ₹8 L/yr
Sales & Business Development Collections Manager Salary 7 - 9 years exp. (3 salaries)	₹3 L/yr - ₹5.4 L/yr

Last Updated: 19 Feb 2025

Companies similar to L&T Finance for Collections Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collections Manager Salary 0 - 18 years exp. (1.1k salaries)	₹3 L/yr - ₹11.1 L/yr 14% more	2 job openings
ICICI Bank Collections Manager Salary 3 - 15 years exp. (203 salaries)	₹2.5 L/yr - ₹12 L/yr 29% more
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Axis Bank Collections Manager Salary 4 - 14 years exp. (288 salaries)	₹2.6 L/yr - ₹10.8 L/yr 29% more
State Bank of India Collections Manager Salary 6 - 10 years exp. (4 salaries)	₹5.4 L/yr - ₹6.7 L/yr 10% more
Kotak Mahindra Bank Collections Manager Salary 3 - 14 years exp. (302 salaries)	₹1.8 L/yr - ₹9.8 L/yr 5% more
IndusInd Bank Collections Manager Salary 4 - 14 years exp. (185 salaries)	₹2.6 L/yr - ₹11.8 L/yr 19% more
Yes Bank Collections Manager Salary 4 - 15 years exp. (141 salaries)	₹4.2 L/yr - ₹10.5 L/yr 32% more	1 job opening
IDFC FIRST Bank Collections Manager Salary 1 - 11 years exp. (574 salaries)	₹2 L/yr - ₹10.8 L/yr 12% more
RBL Bank Collections Manager Salary 3 - 11 years exp. (73 salaries)	₹2.2 L/yr - ₹10 L/yr 2% less
Bank of Baroda Collections Manager Salary 18 - 19 years exp. (3 salaries)	₹5.9 L/yr - ₹6 L/yr 3% more
Federal Bank Collections Manager Salary 4 - 7 years exp. (6 salaries)	₹5.7 L/yr - ₹8 L/yr 18% more
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IDBI Bank Collections Manager Salary 13 - 14 years exp. (3 salaries)	₹20 L/yr - ₹22 L/yr 261% more
Karur Vysya Bank Collections Manager Salary 4 - 10 years exp. (6 salaries)	₹5.2 L/yr - ₹7.5 L/yr 15% more
DBS Bank Collections Manager Salary 2 - 13 years exp. (4 salaries)	₹3.4 L/yr - ₹8 L/yr 10% less
Bajaj Finance Collections Manager Salary 0 - 11 years exp. (340 salaries)	₹1.2 L/yr - ₹8 L/yr 14% less
Tata Capital Collections Manager Salary 3 - 13 years exp. (287 salaries)	₹2.4 L/yr - ₹9.5 L/yr 8% more	15 job openings
HDB Financial Services Collections Manager Salary 2 - 17 years exp. (337 salaries)	₹2.8 L/yr - ₹9 L/yr 10% more	4 job openings
SMFG India Credit Collections Manager Salary 4 - 11 years exp. (188 salaries)	₹2 L/yr - ₹8.1 L/yr 16% less
Mahindra Rural Housing Finance Collections Manager Salary 1 - 10 years exp. (136 salaries)	₹1.2 L/yr - ₹5.5 L/yr 49% less	1 job opening
Kotak Mahindra Prime Collections Manager Salary 3 - 10 years exp. (131 salaries)	₹2.3 L/yr - ₹9 L/yr 16% less

View all

Collections Manager salary at L&T Finance ranges between ₹2.4 Lakhs to ₹8.5 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 180 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Collections Manager salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
4 years (20 salaries)	₹2.4 L/yr - ₹7 L/yr
5 years (31 salaries)	₹2.5 L/yr - ₹8 L/yr
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6 years (24 salaries)	₹2.4 L/yr - ₹8.3 L/yr
7 years (21 salaries)	₹3.6 L/yr - ₹8 L/yr
8 years (23 salaries)	₹3.6 L/yr - ₹8.5 L/yr
9 years (21 salaries)	₹3 L/yr - ₹8.5 L/yr
10 years (17 salaries)	₹4.2 L/yr - ₹7.5 L/yr
11 years (14 salaries)	₹4.3 L/yr - ₹8.5 L/yr
12 years (9 salaries)	₹4 L/yr - ₹6.7 L/yr

View all

Similar Designation salaries in L&T Finance

Collection Officer Salary

(300 salaries)

₹1.2 L/yr - ₹3.76 L/yr

Area Collection Manager Salary

(167 salaries)

₹3.5 L/yr - ₹11 L/yr

Zonal Collection Manager Salary

(21 salaries)

₹26.5 L/yr - ₹53 L/yr

Collection Associate Salary

(4 salaries)

₹1.9 L/yr - ₹4.8 L/yr

Branch Collection Manager Salary

(5 salaries)

₹3 L/yr - ₹6.7 L/yr

Cluster Manager Salary

(8 salaries)

₹4.2 L/yr - ₹8.1 L/yr

Relationship Manager Salary

(59 salaries)

₹2.4 L/yr - ₹12 L/yr

Recovery Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Debt Manager Salary

(AmbitionBox Estimate)

₹6.7 L/yr - ₹8.5 L/yr

Branch Manager Salary

(221 salaries)

₹2.4 L/yr - ₹6 L/yr

Top skills at L&T Finance for Collections Manager

Collection Management Collections Recovery Collection Management Collections Finance Customer Service Salesforce Team Leading Home Loans Loan Recovery Credit Control Communication Skills Mortgage Loans Debt Management

Salary related reviews for L&T Finance

4.6

Rated by 56 employees for salary & benefits

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

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

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L&T Finance Collections Manager Salary FAQs

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

Collections Manager salary at L&T Finance in India ranges between ₹2.4 Lakhs to ₹8.5 Lakhs for experience between 4 years to 12 years. According to our estimates it is 2% more than the average Collections Manager Salary in India. Salary estimates are based on 180 latest salaries received from various employees of L&T Finance India.

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

The average salary of a Collections Manager at L&T Finance is 2% more than the average salary of a Collections Manager in India. To know exact salary insights, login to view.

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

Collection Management, Collections, Recovery, Collection Management and Collections are some of the popular skills required to work as a Collections Manager at L&T Finance India.

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

IDBI Bank Collections Manager Salary - ₹20.0 Lakhs to ₹22.0 Lakhs per year
Yes Bank Collections Manager Salary - ₹4.2 Lakhs to ₹10.5 Lakhs per year
ICICI Bank Collections Manager Salary - ₹2.5 Lakhs to ₹12.0 Lakhs per year
Axis Bank Collections Manager Salary - ₹2.6 Lakhs to ₹10.8 Lakhs per year
IndusInd Bank Collections Manager Salary - ₹2.6 Lakhs to ₹11.8 Lakhs per year

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

Federal Bank Collections Manager Salary - ₹5.7 Lakhs to ₹8.0 Lakhs per year
Aditya Birla Capital Collections Manager Salary - ₹3.1 Lakhs to ₹10.3 Lakhs per year
Tata Capital Housing Finance Collections Manager Salary - ₹4.0 Lakhs to ₹10.5 Lakhs per year
Karur Vysya Bank Collections Manager Salary - ₹5.2 Lakhs to ₹7.5 Lakhs per year
HDFC Bank Collections Manager Salary - ₹3.0 Lakhs to ₹11.1 Lakhs per year

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

The estimated take-home salary of a Collections Manager at L&T Finance ranges between ₹43,379 per month to ₹44,494 per month in India. The take-home salary calculation is based on the average L&T Finance Collections Manager salary in India which ranges between ₹2.4 Lakhs to ₹8.5 Lakhs per year for employees with experience between 4 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Collections Manager at L&T Finance?

According to AmbitionBox, 88% of the L&T Finance Collections Managers reported a notice period of 3 Months, 6% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 144 responses on AmbitionBox in last 2 years.

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L&T Finance Collections Manager Salaries

L&T Finance Collections Manager salary in India ranges between ₹2.4 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 180 L&T Finance latest salaries received from various employees of L&T Finance.