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Annual salary range
4 - 12 years exp.
₹2.4
Lakhs - ₹9
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary10% more than 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.
(63
salaries)
|  ₹2.5 L/yr - ₹8.5 L/yr |
Finance & Accounting
Collections Manager Salary
4 - 12
years
exp.
(49
salaries)
| ₹2.5 L/yr - ₹8.3 L/yr |
Login to view exact salary
| |
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 - 9
years
exp.
(7
salaries)
| ₹5 L/yr - ₹9 L/yr |
Sales & Business Development
Collections Manager Salary
7 - 9
years
exp.
(3
salaries)
| ₹3 L/yr - ₹6.2 L/yr |
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. (866 salaries) | ₹2 L/yr - ₹11.1 L/yr 
6%
more | 4 job openings |
 ICICI Bank Collections Manager Salary
3 - 15 years exp. (329 salaries) | ₹2.5 L/yr - ₹12 L/yr
20%
more | |
Login to view exact salary
| ||
 Axis Bank Collections Manager Salary
4 - 14 years exp. (293 salaries) | ₹2.6 L/yr - ₹12.6 L/yr
19%
more | |
 State Bank of India Collections Manager Salary
6 - 10 years exp. (4 salaries) | ₹5.4 L/yr - ₹6.7 L/yr
4%
more | |
 Kotak Mahindra Bank Collections Manager Salary
3 - 15 years exp. (233 salaries) | ₹2 L/yr - ₹9.8 L/yr
1%
more | |
 IndusInd Bank Collections Manager Salary
1 - 14 years exp. (196 salaries) | ₹1.5 L/yr - ₹10.1 L/yr
1%
more | 7 job openings |
 Yes Bank Collections Manager Salary
4 - 15 years exp. (135 salaries) | ₹4.2 L/yr - ₹10.5 L/yr
25%
more | 1 job opening |
 IDFC FIRST Bank Collections Manager Salary
1 - 11 years exp. (575 salaries) | ₹2 L/yr - ₹10.9 L/yr
7%
more | |
 RBL Bank Collections Manager Salary
3 - 10 years exp. (63 salaries) | ₹2.2 L/yr - ₹10 L/yr 
8%
less | |
 Bank of Baroda Collections Manager Salary
18 - 19 years exp. (3 salaries) | ₹5.9 L/yr - ₹6 L/yr
4%
less | |
 Federal Bank Collections Manager Salary
4 - 7 years exp. (6 salaries) | ₹5.7 L/yr - ₹8 L/yr
11%
more | |
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| ||
 IDBI Bank Collections Manager Salary
13 - 14 years exp. (3 salaries) | ₹20 L/yr - ₹22 L/yr
240%
more | |
 Karur Vysya Bank Collections Manager Salary
4 - 11 years exp. (5 salaries) | ₹5.2 L/yr - ₹7.5 L/yr
7%
more | |
 DBS Bank Collections Manager Salary
2 - 13 years exp. (4 salaries) | ₹3.4 L/yr - ₹8 L/yr
16%
less | |
 Tata Capital Collections Manager Salary
3 - 12 years exp. (322 salaries) | ₹2.4 L/yr - ₹10.8 L/yr
1%
less | 17 job openings |
 HDB Financial Services Collections Manager Salary
1 - 17 years exp. (266 salaries) | ₹2.5 L/yr - ₹9 L/yr At par | 3 job openings |
 Bajaj Finance Collections Manager Salary
0 - 10 years exp. (265 salaries) | ₹1.3 L/yr - ₹8.1 L/yr
24%
less | |
 Shriram Finance Collections Manager Salary
4 - 11 years exp. (189 salaries) | ₹1.5 L/yr - ₹6 L/yr
34%
less | |
 SMFG India Credit Collections Manager Salary
4 - 11 years exp. (186 salaries) | ₹2 L/yr - ₹7.7 L/yr
21%
less | |
 Mahindra Rural Housing Finance Collections Manager Salary
1 - 8 years exp. (129 salaries) | ₹1.2 L/yr - ₹5.5 L/yr
55%
less | |
View all
Collections Manager salary at L&T Finance ranges between ₹2.4
Lakhs
to ₹9
Lakhs
per year for employees with experience between 4 years to 12 years. Salary
estimates are based on
171 latest salaries received
from various employees of L&T Finance.
Latest annual salaries shared by L&T Finance Collections Manager
3d ago
11
years
exp.
5d ago
6
years
exp.
1w ago
5
years
exp.
1w ago
6
years
exp.
1w ago
4
years
exp.
1w ago
9
years
exp.
2w ago
9
years
exp.
2w ago
9
years
exp.
3w ago
11
years
exp.
4w ago
11
years
exp.
Experience wise L&T Finance Collections Manager salaries
Last Updated: 7 Jan 2025
| Experience | Avg Annual Salary |
|---|---|
| 4 years (20 salaries) |
₹2.4
L/yr
- ₹7
L/yr
|
| 5 years (30 salaries) |
₹2.5
L/yr
- ₹8
L/yr
|
Login to view exact salary
| |
| 6 years (24 salaries) |
₹2.4
L/yr
- ₹8.3
L/yr
|
| 7 years (20 salaries) |
₹3.6
L/yr
- ₹9
L/yr
|
| 8 years (22 salaries) |
₹3.6
L/yr
- ₹8.5
L/yr
|
View all
Similar Designation salaries in L&T Finance
Top skills at L&T Finance for Collections Manager
Collection Management
Collections
Recovery
Home Loans
Mortgage Loans
housing finance
Salary related reviews for L&T Finance
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Top trending discussions
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Salary Discussions, Hike & Promotions
2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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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 ₹9.0 Lakhs for experience between 4 years to 12 years. According to our estimates it is 10% more than the average Collections Manager Salary in India. Salary estimates are based on 171 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 10% 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, Home Loans and Mortgage Loans 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 ₹12.6 Lakhs per year
- Federal Bank Collections Manager Salary - ₹5.7 Lakhs to ₹8.0 Lakhs per year
What is the salary of a Collections Manager in companies similar to L&T Finance in India?
- Aditya Birla Capital Collections Manager Salary - ₹3.1 Lakhs to ₹10.6 Lakhs per year
- Karur Vysya Bank Collections Manager Salary - ₹5.2 Lakhs to ₹7.5 Lakhs per year
- IDFC FIRST Bank Collections Manager Salary - ₹2.0 Lakhs to ₹10.9 Lakhs per year
- HDFC Bank Collections Manager Salary - ₹2.0 Lakhs to ₹11.1 Lakhs per year
- State Bank of India Collections Manager Salary - ₹5.4 Lakhs to ₹6.7 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 ₹46,293 per month to ₹47,391 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 ₹9.0 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, 87% of the L&T Finance Collections Managers reported a notice period of 3 Months, 7% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 142 responses on AmbitionBox in last 2 years.
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L&T Finance Collections Manager Salaries by Location
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L&T Finance Collections Manager salary
in
India
ranges between ₹2.4
Lakhs to ₹9
Lakhs with an average annual salary of
₹. Salary estimates are based on
171
L&T Finance latest salaries received from various employees of
L&T Finance.