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4.0

based on 17.7k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Larsen & Toubro Limited Collection Officer salaries in Chennai

Annual salary range
2 - 6 years exp.
₹2 Lakhs - ₹3 Lakhs
Salary of majority employees
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5% less than the average Collection Officer Salary in Engineering & Construction Companies for 2 - 6 years of experience

Interested in this particular role? 4 job openings

Last Updated: 15 Mar 2023

Companies similar to Larsen & Toubro Limited for Collection Officer in Chennai

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Larsen & Toubro Limited Collection Officer Salary

2 - 6 years exp. (5 salaries)

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₹2 L/yr - ₹3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Collection Officer Salary

0 - 6 years exp. (27 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 9% more
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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 11% less
4 job openings
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Standard Chartered Collection Officer Salary

1 - 6 years exp. (15 salaries)

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₹2.6 L/yr - ₹4.2 L/yr

arrow icon 40% more
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₹1.5 L/yr - ₹3.4 L/yr

At par
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Bajaj Finance Collection Officer Salary

0 - 5 years exp. (8 salaries)

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₹1.8 L/yr - ₹5.6 L/yr

arrow icon 36% more
Collection Officer salary at Larsen & Toubro Limited ranges between ₹2 Lakhs to ₹3 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Larsen & Toubro Limited.

Latest annual salaries shared by Larsen & Toubro Limited Collection Officer in Chennai

1y ago
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3 years exp.
1y ago
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6 years exp.
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2 years exp.
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3 years exp.

Experience wise Larsen & Toubro Limited Collection Officer salaries in Chennai

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

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₹1 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5.2 L/yr
Larsen & Toubro Limited Collection Officer Salary and Career Growth

From

To

Collection Officer

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0 - 6 years exp.

Regional Collection Manager

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10 - 19 years exp.

Collection Officer 0 - 6 years exp.
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Collections Manager 2 - 8 years exp.
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arrow icon 98% hike
    Regional Collection Manager 10 - 19 years exp.
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    arrow icon 412% 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

    Sales Manager Salary
    (4 salaries)
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    ₹4 L/yr - ₹11.84 L/yr
    Sales Officer Salary
    (4 salaries)
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    ₹1.45 L/yr - ₹4 L/yr
    Field Officer Salary
    (3 salaries)
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    ₹2.35 L/yr - ₹3.5 L/yr

    Top skills at Larsen & Toubro Limited for Collection Officer

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

    Salary related reviews for Larsen & Toubro Limited

    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

    read 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.

    read more

    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.

    read 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.

    read more

    Full Time

     · 

    Customer Success, Service & Operations Department

    5.0
      •  posted on 08 Aug 2024

    5.0
     for  Salary and Benefits

    Likes

    ...tunities, a collaborative work environment, and comprehensive training programs. The company also offers competitive compensation and promotes a healthy work-life balance, making it an excellent place to work.

    read more

    Dislikes

    Have a high workload and tight deadlines, occasional delays and limited flexibility in some roles.

    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.

    read more

    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.

    read more
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    Larsen & Toubro Limited Collection Officer Salary FAQs

    What is the salary of Collection Officer at Larsen & Toubro Limited Chennai?
    Collection Officer salary at Larsen & Toubro Limited in Chennai ranges between ₹2.0 Lakhs to ₹3.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 5% less than the average Collection Officer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Larsen & Toubro Limited Chennai.
    How does the salary of a Collection Officer at Larsen & Toubro Limited Chennai compare with the average salary range for this job?
    The average salary of a Collection Officer at Larsen & Toubro Limited is 5% less than the average salary of a Collection Officer in Chennai. To know exact salary insights, login to view.
    What are the top skills required to work as a Collection Officer at Larsen & Toubro Limited?
    Sales, Collections, Group Sales, Field Work and Microfinance are some of the popular skills required to work as a Collection Officer at Larsen & Toubro Limited Chennai.
    Which similar companies are paying more than Larsen & Toubro Limited to a Collection Officer in Chennai?
    • Standard Chartered Collection Officer Salary - ₹2.6 Lakhs to ₹4.2 Lakhs per year
    • Bajaj Finance Collection Officer Salary - ₹1.8 Lakhs to ₹5.6 Lakhs per year
    • HDFC Bank Collection Officer Salary - ₹1.5 Lakhs to ₹4.0 Lakhs per year
    • Jana Small Finance Bank Collection Officer Salary - ₹1.5 Lakhs to ₹3.4 Lakhs per year
    What is the salary of a Collection Officer in companies similar to Larsen & Toubro Limited in Chennai?
    • HDB Financial Services Collection Officer Salary - ₹1.2 Lakhs to ₹4.5 Lakhs per year
    What is the estimated take home salary of a Collection Officer at Larsen & Toubro Limited in Chennai?
    The estimated take-home salary of a Collection Officer at Larsen & Toubro Limited ranges between ₹18,009 per month to ₹19,702 per month in Chennai. The take-home salary calculation is based on the average Larsen & Toubro Limited Collection Officer salary in India which ranges between ₹2.0 Lakhs to ₹3.0 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?
    What is the notice period for Collection Officer at Larsen & Toubro Limited in Chennai?
    According to AmbitionBox, 50% of the Larsen & Toubro Limited Collection Officers in Chennai reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Larsen & Toubro Limited Collection Officer salary in Chennai ranges between ₹2 Lakhs to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Larsen & Toubro Limited latest salaries received from various employees of Larsen & Toubro Limited.