L&T Finance Senior Area Collection Manager Salaries by 4 Employees (Updated 2025)

12 - 20 years exp.

₹10.5 Lakhs - ₹19 Lakhs

Low Confidence

Salary of majority employees

21% more than the average Senior Area Collection Manager Salary in NBFC Companies for 12 - 20 years of experience

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Salaries in different departments

Finance & Accounting Senior Area Collection Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹17.9 L/yr - ₹19 L/yr
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Risk Management & Compliance Senior Area Collection Manager Salary 19 - 20 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹11.6 L/yr

Last Updated: 1 Feb 2025

Companies similar to L&T Finance for Senior Area Collection Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Prime Senior Area Collection Manager Salary 7 - 17 years exp. (5 salaries)	₹9.5 L/yr - ₹13.4 L/yr 16% less
Bajaj Finserv Senior Area Collection Manager Salary 5 - 17 years exp. (167 salaries)	₹7.5 L/yr - ₹16.8 L/yr 19% less
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Bajaj Finance Senior Area Collection Manager Salary 7 - 19 years exp. (122 salaries)	₹7.6 L/yr - ₹17.2 L/yr 9% less
Jana Small Finance Bank Senior Area Collection Manager Salary 2 - 17 years exp. (14 salaries)	₹2.3 L/yr - ₹4.4 L/yr 73% less
HDB Financial Services Senior Area Collection Manager Salary 12 - 21 years exp. (5 salaries)	₹10 L/yr - ₹12 L/yr 25% less

Senior Area Collection Manager salary at L&T Finance ranges between ₹10.5 Lakhs to ₹19 Lakhs per year for employees with experience between 12 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Senior Area Collection Manager salaries

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹17 L/yr - ₹21.7 L/yr
13 years (AmbitionBox Estimate)	₹16 L/yr - ₹20.5 L/yr
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14 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
15+ years (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.8 L/yr

Similar Designation salaries in L&T Finance

Area Collection Manager Salary

(135 salaries)

₹3.5 L/yr - ₹12.5 L/yr

Regional Collection Manager Salary

(150 salaries)

₹12 L/yr - ₹32 L/yr

Territory Collection Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Senior Collection Officer Salary

(38 salaries)

₹1.7 L/yr - ₹3.55 L/yr

Branch Collection Manager Salary

(5 salaries)

₹3 L/yr - ₹6.7 L/yr

Zonal Collection Manager Salary

(20 salaries)

₹30 L/yr - ₹56 L/yr

Collections Manager Salary

(179 salaries)

₹2.4 L/yr - ₹8.5 L/yr

Collection Officer Salary

(286 salaries)

₹1.2 L/yr - ₹3.85 L/yr

Area Manager Salary

(32 salaries)

₹4.9 L/yr - ₹15 L/yr

Relationship Manager Salary

(65 salaries)

₹2.4 L/yr - ₹10.74 L/yr

Salary related reviews for L&T Finance

3.0

Rated by 1 employees for salary & benefits

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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L&T Finance Senior Area Collection Manager Salary FAQs

What is the salary of Senior Area Collection Manager at L&T Finance ?

The average salary of a Senior Area Collection Manager at L&T Finance in India typically ranges from ₹10.5 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 12 years to 20 years).

The top 10% of Senior Area Collection Manager at L&T Finance earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Senior Area Collection 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 4 L&T Finance employees in India.

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

The estimated take-home salary of a Senior Area Collection Manager at L&T Finance in India typically ranges from ₹1,00,759 to ₹1,03,505 per month. This is based on the average salary range of ₹10.5 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 12 years to 20 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 4 salaries received from various employees of L&T Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

Bajaj Finance	₹7.6 Lakhs to ₹17.2 Lakhs per year
Kotak Mahindra Prime	₹9.5 Lakhs to ₹13.4 Lakhs per year
Bajaj Finserv	₹7.5 Lakhs to ₹16.8 Lakhs per year
HDB Financial Services	₹10.0 Lakhs to ₹12.0 Lakhs per year
Jana Small Finance Bank	₹2.3 Lakhs to ₹4.4 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 Senior Area Collection Manager at L&T Finance in India?

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

Experience	Average Salary Range
12 years	₹17.0 Lakhs to ₹21.7 Lakhs per year
13 years	₹16.0 Lakhs to ₹20.5 Lakhs per year
14 years	₹15.0 Lakhs to ₹19.2 Lakhs per year
15 years	₹11.6 Lakhs to ₹14.8 Lakhs per year

and so on.

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L&T Finance Senior Area Collection Manager Salaries

L&T Finance Senior Area Collection Manager salary in India ranges between ₹10.5 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 L&T Finance latest salaries received from various employees of L&T Finance.