Larsen & Toubro Limited Collections Manager Salaries by 9 Employees

3 - 8 years exp.

₹2.6 Lakhs - ₹8.3 Lakhs

Low Confidence

Salary of majority employees

15% less than the average Collections Manager Salary in Engineering & Construction Companies for 3 - 8 years of experience

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Salaries in different departments

Finance & Accounting Collections Manager Salary 6 - 8 years exp. (3 salaries)	₹4.5 L/yr - ₹5 L/yr
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BFSI, Investments & Trading Collections Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹5.2 L/yr

Last Updated: 15 Dec 2024

Companies similar to Larsen & Toubro Limited for Collections Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collections Manager Salary 1 - 18 years exp. (1.1k salaries)	₹2 L/yr - ₹11.1 L/yr 39% more	7 job openings
IDFC FIRST Bank Collections Manager Salary 1 - 11 years exp. (565 salaries)	₹2 L/yr - ₹10.5 L/yr 34% more
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Bajaj Finserv Collections Manager Salary 0 - 10 years exp. (364 salaries)	₹1.1 L/yr - ₹8.5 L/yr 2% more
Bajaj Finance Collections Manager Salary 0 - 11 years exp. (342 salaries)	₹1.2 L/yr - ₹7.8 L/yr 1% more
Hero FinCorp Collections Manager Salary 3 - 17 years exp. (311 salaries)	₹3 L/yr - ₹10.2 L/yr 39% more

Collections Manager salary at Larsen & Toubro Limited ranges between ₹2.6 Lakhs to ₹8.3 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 9 latest salaries received from various employees of Larsen & Toubro Limited.

Experience wise Larsen & Toubro Limited Collections Manager salaries

Last Updated: 15 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.8 L/yr
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
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5 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.7 L/yr
6 years (5 salaries)	₹2.5 L/yr - ₹8.3 L/yr
7 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.1 L/yr

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From

Collections Manager

3 - 8 years exp.

Regional Collection Manager

10 - 19 years exp.

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

Collection Officer Salary

(119 salaries)

₹1.2 L/yr - ₹4.5 L/yr

Area Collection Manager Salary

(62 salaries)

₹3.1 L/yr - ₹11.65 L/yr

Zonal Collection Manager Salary

(4 salaries)

₹40 L/yr - ₹57 L/yr

Branch Collection Manager Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹13.6 L/yr - ₹17.4 L/yr

Relationship Manager Salary

(44 salaries)

₹3.55 L/yr - ₹14 L/yr

Recovery Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Branch Manager Salary

(94 salaries)

₹2.45 L/yr - ₹6.2 L/yr

Agency Manager Salary

(6 salaries)

₹4 L/yr - ₹6.74 L/yr

Area Manager Salary

(18 salaries)

₹10.85 L/yr - ₹24.75 L/yr

Salary related reviews for Larsen & Toubro Limited

4.8

Rated by 9 employees for salary & benefits

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

Cluster Manager in Chennai

Power Transmission & Distribution Department

4.0

• posted on 20 Jun 2022

3.0

for Salary and Benefits

Likes

The company gives ample opportunity to learn at every level of management. High Job security if the performance is good and has good policies when it comes to staff welfare. Due to its widespread established, staff also get a chance to get exposed to various culture across the world

Skill development - Good

+4 more

Dislikes

... affected especially due to the untimely transfers due to business requirements. compensation is decent compared to industry averages but the same is not commensurate with the kind of work pressure handled. Most of the times, the decisions are top driven even if there is a feedback from down the line regarding the difficulty in following those decisions.

Sales Executive in New Delhi

Finance & Accounting Department

5.0

• posted on 19 Nov 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture. Some teammates are supportive but some teammates and ASM is transparent

Salary - Excellent

+5 more

Dislikes

Salary is good but career growth is slow. There is a lot of politics right now. The politicians are ASM and RSM.

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What people are saying about Larsen & Toubro Limited

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a legal consultant

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 Collections Manager Salary FAQs

What is the salary of Collections Manager at Larsen & Toubro Limited ?

The average salary of a Collections Manager at Larsen & Toubro Limited in India typically ranges from ₹2.6 Lakhs to ₹8.3 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Collections Manager at Larsen & Toubro Limited earn more than ₹7.2 Lakhs per year, and the top 1% earn over ₹8.3 Lakhs per year. Collections Manager 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 Collections Manager at Larsen & Toubro Limited in India?

The estimated take-home salary of a Collections Manager at Larsen & Toubro Limited in India typically ranges from ₹35,694 to ₹36,924 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹8.3 Lakhs per year for employees with experience ranging from 3 years to 8 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.

Which companies offer higher salaries than Larsen & Toubro Limited for Collections Manager in India?

HDFC Bank	₹2.0 Lakhs to ₹11.1 Lakhs per year
Hero FinCorp	₹3.0 Lakhs to ₹10.2 Lakhs per year
IDFC FIRST Bank	₹2.0 Lakhs to ₹10.5 Lakhs per year
Bajaj Finserv	₹1.1 Lakhs to ₹8.5 Lakhs per year
Bajaj Finance	₹1.2 Lakhs to ₹7.8 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 Collections Manager at Larsen & Toubro Limited in India?

The salary growth for a Collections Manager at Larsen & Toubro Limited depends on factors such as experience, performance, and promotions. On average, a Collections Manager can expect the following growth trajectory at Larsen & Toubro Limited:

Experience	Average Salary Range
3 years	₹3.5 Lakhs to ₹7.8 Lakhs per year
4 years	₹4.0 Lakhs to ₹5.2 Lakhs per year
5 years	₹3.0 Lakhs to ₹5.7 Lakhs per year
6 years	₹2.5 Lakhs to ₹8.3 Lakhs per year

and so on.

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Larsen & Toubro Limited Collections Manager Salaries

Larsen & Toubro Limited Collections Manager salary in India ranges between ₹2.6 Lakhs to ₹8.3 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.