L&T Finance Madurai Collections Manager Salaries by 6 Employees (Updated 2025)

5 - 12 years exp.

₹4.2 Lakhs - ₹8.5 Lakhs

Salary of majority employees

6% more than the average Collections Manager Salary in NBFC Companies for 5 - 12 years of experience

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Last Updated: 13 Sep 2024

Companies similar to L&T Finance for Collections Manager in Madurai

L&T Finance Collections Manager Salary

5 - 12 years exp. (6 salaries)

₹4.2 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Collections Manager Salary 6 - 14 years exp. (3 salaries)	₹2.8 L/yr - ₹10 L/yr 21% more
Yes Bank Collections Manager Salary 6 - 11 years exp. (4 salaries)	₹5.4 L/yr - ₹8.4 L/yr 27% more	1 job opening
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Tata Capital Collections Manager Salary 4 - 10 years exp. (6 salaries)	₹3.6 L/yr - ₹7.5 L/yr 2% less	15 job openings
SMFG India Credit Collections Manager Salary 5 - 8 years exp. (4 salaries)	₹4 L/yr - ₹4.5 L/yr 27% less
Equitas Small Finance Bank Collections Manager Salary 3 - 14 years exp. (5 salaries)	₹2.2 L/yr - ₹5.7 L/yr 35% less

Collections Manager salary at L&T Finance ranges between ₹4.2 Lakhs to ₹8.5 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 6 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Collections Manager salaries in Madurai

Last Updated: 13 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹11 L/yr
6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹11 L/yr
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7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹11 L/yr
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
10 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹10.7 L/yr
11 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹8.5 L/yr
12 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹10.3 L/yr

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Similar Designation salaries in L&T Finance

Risk Manager Salary

(3 salaries)

₹3.8 L/yr - ₹4 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

5.0

Rated by 2 employees for salary & benefits

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

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.

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.

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

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.

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

Dislikes

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

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..

Dislikes

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

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Salary Discussions, Hike & Promotions

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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 Madurai?

Collections Manager salary at L&T Finance in Madurai ranges between ₹4.2 Lakhs to ₹8.5 Lakhs for experience between 5 years to 12 years. According to our estimates it is 6% more than the average Collections Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of L&T Finance Madurai.

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

The average salary of a Collections Manager at L&T Finance is 6% more than the average salary of a Collections Manager in Madurai. 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 Madurai.

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

Yes Bank Collections Manager Salary - ₹5.4 Lakhs to ₹8.4 Lakhs per year
Axis Bank Collections Manager Salary - ₹2.8 Lakhs to ₹10.0 Lakhs per year

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

Tata Capital Collections Manager Salary - ₹3.6 Lakhs to ₹7.5 Lakhs per year
SMFG India Credit Collections Manager Salary - ₹4.0 Lakhs to ₹4.5 Lakhs per year
Equitas Small Finance Bank Collections Manager Salary - ₹2.2 Lakhs to ₹5.7 Lakhs per year

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

The estimated take-home salary of a Collections Manager at L&T Finance ranges between ₹45,691 per month to ₹46,775 per month in Madurai. The take-home salary calculation is based on the average L&T Finance Collections Manager salary in India which ranges between ₹4.2 Lakhs to ₹8.5 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the L&T Finance Collections Managers in Madurai reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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L&T Finance Collections Manager Salaries in Madurai

L&T Finance Collections Manager salary in Madurai ranges between ₹4.2 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 L&T Finance latest salaries received from various employees of L&T Finance.