L&T Finance Vadodara Collections Manager Salaries by 5 Employees (Updated 2025)

5 - 10 years exp.

₹5.7 Lakhs - ₹8.5 Lakhs

Salary of majority employees

7% less than the average Collections Manager Salary in NBFC Companies for 5 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 6 - 10 years exp. (4 salaries)	₹6 L/yr - ₹8.5 L/yr
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Customer Success, Service & Operations Collections Manager Salary 5 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹8 L/yr

Last Updated: 8 Mar 2025

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

L&T Finance Collections Manager Salary

5 - 10 years exp. (5 salaries)

₹5.7 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Prime Collections Manager Salary 6 - 9 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr 21% less
Axis Bank Collections Manager Salary 4 - 14 years exp. (7 salaries)	₹4.8 L/yr - ₹9.2 L/yr 28% more
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Yes Bank Collections Manager Salary 6 - 15 years exp. (6 salaries)	₹5.5 L/yr - ₹8.5 L/yr 31% more
Kotak Mahindra Bank Collections Manager Salary 3 - 12 years exp. (5 salaries)	₹3.3 L/yr - ₹8.2 L/yr 5% more
AU Small Finance Bank Collections Manager Salary 8 - 12 years exp. (4 salaries)	₹4.6 L/yr - ₹7.5 L/yr 2% less

Collections Manager salary at L&T Finance ranges between ₹5.7 Lakhs to ₹8.5 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Collections Manager salaries in Vadodara

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
6 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
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7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

View all

Similar Designation salaries in L&T Finance

Relationship Manager Salary

(4 salaries)

₹4 L/yr - ₹6.78 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

Sales Executive in Chandigarh

Full Time

Finance & Accounting Department

4.0

• posted on 24 Mar 2025

5.0

for Salary and Benefits

Likes

This is a very good company. Company culture is also good and all co-workers are very helpful and 24 hour salary system is also very good.And the company has a very good health policy

Salary - Excellent

+3 more

Dislikes

The company is good but the salary is not right as per the time, it is very less and neither is the incentive structure right

Promotions - Poor

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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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L&T Finance Collections Manager Salary FAQs

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

The average salary of a Collections Manager at L&T Finance in Vadodara typically ranges from ₹5.7 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Collections Manager in Vadodara at L&T Finance earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Collections Manager Salaries at L&T Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 L&T Finance employees in India.

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

The estimated take-home salary of a Collections Manager at L&T Finance in Vadodara typically ranges from ₹44,777 to ₹45,871 per month. This is based on the average salary range of ₹5.7 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 5 years to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of L&T Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Collections Manager at L&T Finance in Vadodara?

To be a Collections Manager at L&T Finance in Vadodara, the key skills required include:

- Collection Management
- Collections
- Recovery
- Collection Management
- Collections

These skills are highly valued at L&T Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than L&T Finance for Collections Manager in India?

Yes Bank	₹5.5 Lakhs to ₹8.5 Lakhs per year
Axis Bank	₹4.8 Lakhs to ₹9.2 Lakhs per year
Kotak Mahindra Bank	₹3.3 Lakhs to ₹8.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by L&T Finance, depending on the role and experience level.

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

The salary of a Collections Manager at companies similar to L&T Finance in Vadodara varies, depending on the role, experience, and company size. Here are the typical salary ranges:

AU Small Finance Bank	₹4.6 Lakhs to ₹7.5 Lakhs per year
Kotak Mahindra Prime	₹4.0 Lakhs to ₹5.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Collections Manager at L&T Finance in Vadodara?

The salary growth for a Collections Manager at L&T Finance in Vadodara depends on factors such as experience, performance, and promotions. On average, a Collections Manager in Vadodara can expect the following growth trajectory at L&T Finance:

Experience	Average Salary Range
5 years	₹5.1 Lakhs to ₹6.6 Lakhs per year
6 years	₹5.2 Lakhs to ₹6.6 Lakhs per year
7 years	₹5.3 Lakhs to ₹6.7 Lakhs per year
8 years	₹5.3 Lakhs to ₹6.8 Lakhs per year

and so on.

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L&T Finance Collections Manager Salaries in Vadodara

L&T Finance Collections Manager salary in Vadodara ranges between ₹5.7 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 L&T Finance latest salaries received from various employees of L&T Finance.