Larsen & Toubro Limited Bangalore / Bengaluru Collection Officer Salaries by 9 Employees

1 - 4 years exp.

₹2.2 Lakhs - ₹3.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

6% less than the average Collection Officer Salary in Engineering & Construction Companies for 1 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collection Officer Salary 3 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
Customer Success, Service & Operations Collection Officer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.8 L/yr
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Engineering - Software & QA Collection Officer Salary 1 year exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.9 L/yr
Finance & Accounting Collection Officer Salary 4 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.1 L/yr
Marketing & Communication Collection Officer Salary 1 year exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹3 L/yr

Last Updated: 13 Oct 2024

Companies similar to Larsen & Toubro Limited for Collection Officer in Bangalore / Bengaluru

Larsen & Toubro Limited Collection Officer Salary

1 - 4 years exp. (9 salaries)

₹2.2 L/yr - ₹3.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Dhani Loans and Services Collection Officer Salary 0 - 5 years exp. (37 salaries)	₹2.1 L/yr - ₹3.3 L/yr 7% more
HDB Financial Services Collection Officer Salary 0 - 7 years exp. (33 salaries)	₹1.5 L/yr - ₹4 L/yr 8% more	2 job openings
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HDFC Bank Collection Officer Salary 0 - 5 years exp. (26 salaries)	₹1.4 L/yr - ₹4 L/yr 6% more
Mashreq Global Services Collection Officer Salary 3 - 11 years exp. (25 salaries)	₹3.7 L/yr - ₹9 L/yr 154% more
Ujjivan Small Finance Bank Collection Officer Salary 1 - 7 years exp. (24 salaries)	₹2.6 L/yr - ₹4.5 L/yr 41% more

Collection Officer salary at Larsen & Toubro Limited ranges between ₹2.2 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 9 latest salaries received from various employees of Larsen & Toubro Limited.

Experience wise Larsen & Toubro Limited Collection Officer salaries in Bangalore / Bengaluru

Last Updated: 13 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
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3 years (5 salaries)	₹2.4 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr

From

Collection Officer

₹

Lakhs/yr

0 - 6 years exp.

Regional Collection Manager

₹

Lakhs/yr

10 - 19 years exp.

Collection Officer 0 - 6 years exp.

Collections Manager 3 - 8 years exp.

102% hike

Regional Collection Manager 10 - 19 years exp.

364% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Larsen & Toubro Limited

Area Collection Manager Salary

(4 salaries)

₹6.74 L/yr - ₹11 L/yr

Top skills at Larsen & Toubro Limited for Collection Officer

Sales Collections Group Sales Field Work Microfinance Banking Sales Field Sales Recovery Collections Field Collections Payment Collection Loan Recovery Microfinance amfi Payment Collection

Salary related reviews for Larsen & Toubro Limited

5.0

Rated by 1 employees for salary & benefits

Collection Officer in Guna

Finance & Accounting Department

5.0

• posted on 08 Jul 2019

5.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts letest technology.I love the fact that i am a part of a team that markets reliabhle ,hogh qualify products and has a global client base

Salary - Excellent

+6 more

Dislikes

compensation is decent,butgrowth is slow .The work pressure is very high sometimes,I have to work 14 hour straight in a day as I have to attend client calls in the evening and sometimes late into night.

Collection Officer in BIJNOR

Tractor Finance Department

5.0

• posted on 08 Nov 2020

5.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that Iam a part of a team that markets reliable,high-quality products and has a global client base.As a result, I get to travel abroad, especially to the US and canada.But on- site travel is completely dependent on your project and client's location.Mine is a US bast client and they have some offices in Toronto, hence I got a B1 visa quickly.Another puus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration.I also like the employee re-hire policy here.

Salary - Excellent

+6 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. managers do not value an individuals' unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

Relationship Manager in New Delhi

Full Time

Procurement & Supply Chain Department

3.0

• posted on 11 May 2022

2.0

for Salary and Benefits

Likes

Timely salary, Dell Laptop to work with, trip to Lonavala

Dislikes

People don't leave the organization they leave their managers. Banking culture, daily grilling, managers don't have ground level knowledge, no conveyance.

Salary - Poor

+4 more

Relationship Manager (working remotely)

Full Time

Sales & Business Development Department

3.0

• posted on 10 Nov 2024

3.0

for Salary and Benefits

Likes

Nothing except the salary coming on time

Dislikes

No leadership role. No perfect trainings. State head remains always in ego and has nothing to add up in system or employee to increase the potential. No mentorship, no accountability and RH also remains in cave until there is kick from central team.

Skill development - Bad

+5 more

Branch Manager in Tc Koot Road

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 22 Jul 2023

5.0

for Salary and Benefits

Likes

Best salary in industry, life balance very excellent

Salary - Excellent

+3 more

Dislikes

Job security very worst, no one support critical situation. If you met accident at office time no one not supported you,leave , salary not porived, Transfer not given,

Skill development - Poor

+2 more

see more salary related reviews

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What people are saying about Larsen & Toubro Limited

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Seeking Referral

Hi everyone, I’m currently exploring new career opportunities and would greatly appreciate a referral at any of the following companies: Google Larsen & Toubro (L&T) Boston Consulting Group (BCG) GMR Group Clifford Chance If you’re an employee at any of these organizations or know someone who could help, I’d be grateful for your support. Please feel free to reach out, and I’d be happy to share my resume and details.

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Larsen & Toubro Limited Collection Officer Salary FAQs

What is the salary of Collection Officer at Larsen & Toubro Limited in Bangalore / Bengaluru?

The average salary of a Collection Officer at Larsen & Toubro Limited in Bangalore / Bengaluru typically ranges from ₹2.2 Lakhs to ₹3.1 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Collection Officer in Bangalore / Bengaluru at Larsen & Toubro Limited earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Collection Officer Salaries at Larsen & Toubro Limited 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 9 Larsen & Toubro Limited employees in India.

What is the estimated take home salary of a Collection Officer at Larsen & Toubro Limited in Bangalore / Bengaluru?

The estimated take-home salary of a Collection Officer at Larsen & Toubro Limited in Bangalore / Bengaluru typically ranges from ₹17,486 to ₹19,186 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from 1 year to 4 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 9 salaries received from various employees of Larsen & Toubro Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Collection Officer at Larsen & Toubro Limited in Bangalore / Bengaluru?

To be a Collection Officer at Larsen & Toubro Limited in Bangalore / Bengaluru, the key skills required include:

- Sales
- Collections
- Group Sales
- Field Work
- Microfinance

These skills are highly valued at Larsen & Toubro Limited and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Larsen & Toubro Limited for Collection Officer in India?

Mashreq Global Services	₹3.7 Lakhs to ₹9.0 Lakhs per year
Ujjivan Small Finance Bank	₹2.6 Lakhs to ₹4.5 Lakhs per year
HDB Financial Services	₹1.5 Lakhs to ₹4.0 Lakhs per year
Dhani Loans and Services	₹2.1 Lakhs to ₹3.3 Lakhs per year
HDFC Bank	₹1.4 Lakhs to ₹4.0 Lakhs per year

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

How the salary growth look like for a Collection Officer at Larsen & Toubro Limited in Bangalore / Bengaluru?

The salary growth for a Collection Officer at Larsen & Toubro Limited in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Collection Officer in Bangalore / Bengaluru can expect the following growth trajectory at Larsen & Toubro Limited:

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹2.6 Lakhs per year
2 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.0 Lakhs per year
4 years	₹2.4 Lakhs to ₹3.0 Lakhs per year

and so on.

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Larsen & Toubro Limited Collection Officer Salaries in Bangalore / Bengaluru

Larsen & Toubro Limited Collection Officer salary in Bangalore / Bengaluru ranges between ₹2.2 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Larsen & Toubro Limited latest salaries received from various employees of Larsen & Toubro Limited.