L&T Finance State Collection Manager Salaries by 3 Employees (Updated 2024)

8 - 15 years exp.

₹10.5 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

At par with the average State Collection Manager Salary in NBFC Companies for 8 - 15 years of experience

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Last Updated: 27 Feb 2024

Companies similar to L&T Finance for State Collection Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank State Collection Manager Salary 14 - 16 years exp. (6 salaries)	₹6.8 L/yr - ₹17.8 L/yr 13% less
Shriram Finance State Collection Manager Salary 13 - 17 years exp. (6 salaries)	₹10 L/yr - ₹15 L/yr 9% less
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SMFG India Credit State Collection Manager Salary 13 - 22 years exp. (37 salaries)	₹9.3 L/yr - ₹26.7 L/yr 9% more
Poonawalla Fincorp State Collection Manager Salary 10 - 19 years exp. (8 salaries)	₹10 L/yr - ₹20 L/yr 12% less
Muthoot Fincorp State Collection Manager Salary 7 - 18 years exp. (4 salaries)	₹5.1 L/yr - ₹12.8 L/yr 33% less
HDB Financial Services State Collection Manager Salary 12 - 14 years exp. (3 salaries)	₹12.1 L/yr - ₹15.4 L/yr 3% less

State Collection Manager salary at L&T Finance ranges between ₹10.5 Lakhs to ₹20 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 3 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance State Collection Manager salaries

Last Updated: 27 Feb 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹13.5 L/yr
10 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹10.5 L/yr
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15+ years (AmbitionBox Estimate)	₹20 L/yr - ₹20 L/yr

Similar Designation salaries in L&T Finance

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₹2.4 L/yr - ₹9 L/yr

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₹10.75 L/yr - ₹30 L/yr

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₹4.1 L/yr - ₹5.2 L/yr

Senior Area Collection Manager Salary

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₹6.1 L/yr - ₹10.5 L/yr

Senior Collection Officer Salary

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₹1.7 L/yr - ₹3.55 L/yr

Collection Officer Salary

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₹1.2 L/yr - ₹3.85 L/yr

Recovery Manager Salary

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₹4.5 L/yr - ₹5.8 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

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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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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L&T Finance State Collection Manager Salary FAQs

What is the notice period for State Collection Manager at L&T Finance?

According to AmbitionBox, 100% of the L&T Finance State Collection Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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L&T Finance State Collection Manager Salaries

L&T Finance State Collection Manager salary in India ranges between ₹10.5 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 L&T Finance latest salaries received from various employees of L&T Finance.