L&T Finance Mumbai Senior Collection Officer Salaries by 4 Employees (Updated 2025)

6 - 8 years exp.

₹2.1 Lakhs - ₹3.1 Lakhs

Salary of majority employees

9% less than the average Senior Collection Officer Salary in NBFC Companies for 6 - 8 years of experience

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Last Updated: 11 Jun 2024

Companies similar to L&T Finance for Senior Collection Officer in Mumbai

L&T Finance Senior Collection Officer Salary

6 - 8 years exp. (4 salaries)

₹2.1 L/yr - ₹3.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Senior Collection Officer Salary 1 - 7 years exp. (3 salaries)	₹2.8 L/yr - ₹3 L/yr 9% more
HDFC Bank Senior Collection Officer Salary 3 - 6 years exp. (9 salaries)	₹2.6 L/yr - ₹3.5 L/yr 8% more
Login to view exact salary
Shriram Finance Senior Collection Officer Salary 5 - 14 years exp. (5 salaries)	₹3.3 L/yr - ₹4.5 L/yr 36% more
HDB Financial Services Senior Collection Officer Salary 0 - 7 years exp. (16 salaries)	₹1.8 L/yr - ₹4.5 L/yr 2% more
Sammaan Capital Limited Senior Collection Officer Salary 3 - 8 years exp. (11 salaries)	₹2.3 L/yr - ₹3 L/yr 13% more
IIFL Finance Senior Collection Officer Salary 5 - 11 years exp. (5 salaries)	₹2.5 L/yr - ₹3.6 L/yr At par

Senior Collection Officer salary at L&T Finance ranges between ₹2.1 Lakhs to ₹3.1 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Senior Collection Officer salaries in Mumbai

Last Updated: 11 Jun 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.1 L/yr
7 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.9 L/yr
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8 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.1 L/yr

Similar Designation salaries in L&T Finance

Officer Salary

(22 salaries)

₹1.2 L/yr - ₹3.6 L/yr

Sales Officer Salary

(13 salaries)

₹1.45 L/yr - ₹2.9 L/yr

Collections Manager Salary

(13 salaries)

₹4.45 L/yr - ₹8.5 L/yr

Collection Officer Salary

(13 salaries)

₹1.5 L/yr - ₹3.76 L/yr

Salary related reviews for L&T Finance

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

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..

Skill development - Excellent

+1 more

Dislikes

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

Job security - Bad

+2 more

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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L&T Finance Senior Collection Officer Salary FAQs

What is the salary of Senior Collection Officer at L&T Finance Mumbai?

Senior Collection Officer salary at L&T Finance in Mumbai ranges between ₹2.1 Lakhs to ₹3.1 Lakhs for experience between 6 years to 8 years. According to our estimates it is 9% less than the average Senior Collection Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of L&T Finance Mumbai.

How does the salary of a Senior Collection Officer at L&T Finance Mumbai compare with the average salary range for this job?

The average salary of a Senior Collection Officer at L&T Finance is 9% less than the average salary of a Senior Collection Officer in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than L&T Finance to a Senior Collection Officer in Mumbai?

Shriram Finance Senior Collection Officer Salary - ₹3.3 Lakhs to ₹4.5 Lakhs per year
Sammaan Capital Limited Senior Collection Officer Salary - ₹2.3 Lakhs to ₹3.0 Lakhs per year
Bajaj Finance Senior Collection Officer Salary - ₹2.8 Lakhs to ₹3.0 Lakhs per year
HDFC Bank Senior Collection Officer Salary - ₹2.6 Lakhs to ₹3.5 Lakhs per year
HDB Financial Services Senior Collection Officer Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year

What is the salary of a Senior Collection Officer in companies similar to L&T Finance in Mumbai?

IIFL Finance Senior Collection Officer Salary - ₹2.5 Lakhs to ₹3.6 Lakhs per year

What is the estimated take home salary of a Senior Collection Officer at L&T Finance in Mumbai?

The estimated take-home salary of a Senior Collection Officer at L&T Finance ranges between ₹18,539 per month to ₹20,224 per month in Mumbai. The take-home salary calculation is based on the average L&T Finance Senior Collection Officer salary in India which ranges between ₹2.1 Lakhs to ₹3.1 Lakhs per year for employees with experience between 6 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Senior Collection Officer at L&T Finance in Mumbai?

According to AmbitionBox, 50% of the L&T Finance Senior Collection Officers in Mumbai reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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L&T Finance Senior Collection Officer Salaries in Mumbai

L&T Finance Senior Collection Officer salary in Mumbai ranges between ₹2.1 Lakhs to ₹3.1 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.