Larsen & Toubro Limited Mumbai Collection Officer Salaries by 3 Employees (Updated 2025)

2 - 3 years exp.

₹1.6 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

17% less than the average Collection Officer Salary in Engineering & Construction Companies for 2 - 3 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Customer Success, Service & Operations Collection Officer Salary 3 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.4 L/yr
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Finance & Accounting Collection Officer Salary 2 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr

Last Updated: 15 Mar 2023

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

Larsen & Toubro Limited Collection Officer Salary

2 - 3 years exp. (3 salaries)

₹1.6 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Collection Officer Salary 0 - 8 years exp. (117 salaries)	₹1 L/yr - ₹4.5 L/yr 8% more	1 job opening
Dhani Loans and Services Collection Officer Salary 0 - 7 years exp. (111 salaries)	₹2 L/yr - ₹3.4 L/yr 18% more
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HDFC Bank Collection Officer Salary 0 - 7 years exp. (37 salaries)	₹1.5 L/yr - ₹3.5 L/yr 16% more
Sammaan Capital Limited Collection Officer Salary 0 - 8 years exp. (25 salaries)	₹2 L/yr - ₹3.6 L/yr 21% more
Jana Small Finance Bank Collection Officer Salary 1 - 7 years exp. (24 salaries)	₹1.6 L/yr - ₹3.2 L/yr 12% more

Collection Officer salary at Larsen & Toubro Limited ranges between ₹1.6 Lakh to ₹3 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Larsen & Toubro Limited.

Experience wise Larsen & Toubro Limited Collection Officer salaries in Mumbai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹3 L/yr
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3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 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 2 - 8 years exp.

104% 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

Officer Salary

(13 salaries)

₹1.75 L/yr - ₹7.65 L/yr

Sales Officer Salary

(7 salaries)

₹1.7 L/yr - ₹2.96 L/yr

Sales Manager Salary

(5 salaries)

₹5 L/yr - ₹18 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

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

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.

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.

Deputy Manager in Mumbai

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.

Dislikes

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

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.

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.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Larsen & Toubro Limited Collection Officer Salary FAQs

What is the notice period for Collection Officer at Larsen & Toubro Limited in Mumbai?

According to AmbitionBox, 100% of the Larsen & Toubro Limited Collection Officers in Mumbai reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Larsen & Toubro Limited Collection Officer Salaries in Mumbai

Larsen & Toubro Limited Collection Officer salary in Mumbai ranges between ₹1.6 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Larsen & Toubro Limited latest salaries received from various employees of Larsen & Toubro Limited.