Light Microfinance Collections Manager Salaries by 4 Employees (Updated 2025)

2 - 4 years exp.

₹3.2 Lakhs - ₹3.8 Lakhs

Low Confidence

Salary of majority employees

39% less than the average Collections Manager Salary in NBFC Companies for 2 - 4 years of experience

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Last Updated: 25 Sep 2024

Companies similar to Light Microfinance for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Ujjivan Financial Services Collections Manager Salary 5 - 6 years exp. (3 salaries)	₹4 L/yr - ₹4.5 L/yr 22% more	2 job openings
Jana Small Finance Bank Collections Manager Salary 2 - 11 years exp. (70 salaries)	₹2 L/yr - ₹5.7 L/yr 8% more
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Bandhan Bank Collections Manager Salary 2 - 13 years exp. (42 salaries)	₹2.7 L/yr - ₹9.7 L/yr 49% more
Equitas Small Finance Bank Collections Manager Salary 3 - 15 years exp. (31 salaries)	₹2.2 L/yr - ₹6 L/yr 21% more
Utkarsh Small Finance Bank Collections Manager Salary 2 - 11 years exp. (22 salaries)	₹2.2 L/yr - ₹6.5 L/yr 15% more
Satin Creditcare Network Collections Manager Salary 9 - 10 years exp. (3 salaries)	₹3.8 L/yr - ₹8.6 L/yr 49% more
CreditAccess Grameen Collections Manager Salary 0 - 5 years exp. (3 salaries)	₹1.2 L/yr - ₹3 L/yr 33% less
Hero FinCorp Collections Manager Salary 4 - 17 years exp. (292 salaries)	₹3.1 L/yr - ₹10.2 L/yr 94% more
Kotak Mahindra Prime Collections Manager Salary 3 - 10 years exp. (132 salaries)	₹2.3 L/yr - ₹9 L/yr 40% more
Sammaan Capital Limited Collections Manager Salary 2 - 15 years exp. (79 salaries)	₹2.4 L/yr - ₹6.5 L/yr 39% more
Bajaj Housing Finance Collections Manager Salary 5 - 10 years exp. (53 salaries)	₹4 L/yr - ₹8.3 L/yr 76% more
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Hinduja Leyland Finance Collections Manager Salary 2 - 12 years exp. (46 salaries)	₹2.8 L/yr - ₹7 L/yr 34% more
Shubham Housing Development Finance Collections Manager Salary 5 - 11 years exp. (44 salaries)	₹2.4 L/yr - ₹5 L/yr 1% more
Tata Capital Housing Finance Collections Manager Salary 4 - 15 years exp. (36 salaries)	₹4 L/yr - ₹10.5 L/yr 102% more
PNB Housing Finance Collections Manager Salary 0 - 11 years exp. (32 salaries)	₹3.3 L/yr - ₹7.5 L/yr 36% more
Home Credit Finance Collections Manager Salary 3 - 13 years exp. (32 salaries)	₹2.5 L/yr - ₹6.2 L/yr 16% more
Kogta Financial India Limited Collections Manager Salary 4 - 12 years exp. (13 salaries)	₹3.1 L/yr - ₹12.4 L/yr 104% more
Electronica Finance Collections Manager Salary 0 - 9 years exp. (13 salaries)	₹2.5 L/yr - ₹5 L/yr 4% more
Vistaar Finance Collections Manager Salary 3 - 17 years exp. (8 salaries)	₹2.1 L/yr - ₹5.8 L/yr 38% more
India Shelter Finance Corporation Collections Manager Salary 3 - 9 years exp. (5 salaries)	₹2.5 L/yr - ₹4 L/yr 4% more

View all

Collections Manager salary at Light Microfinance ranges between ₹3.2 Lakhs to ₹3.8 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Light Microfinance.

Experience wise Light Microfinance Collections Manager salaries

Last Updated: 25 Sep 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.1 L/yr
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4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹3.8 L/yr

Similar Designation salaries in Light Microfinance

Collection Officer Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Area Collection Manager Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Collection Associate Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹6.6 L/yr - ₹8.4 L/yr

Relationship Manager Salary

(3 salaries)

₹5.6 L/yr - ₹7.8 L/yr

Branch Manager Salary

(34 salaries)

₹2.05 L/yr - ₹4.1 L/yr

Area Manager Salary

(4 salaries)

₹3.5 L/yr - ₹4.3 L/yr

Regional Collection Manager Salary

(3 salaries)

₹4.7 L/yr - ₹7.2 L/yr

Sales Executive Salary

(4 salaries)

₹1.25 L/yr - ₹2.9 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹0.3 L/yr - ₹0.3 L/yr

Salary related reviews for Light Microfinance

Gurp Lone in Ratangarh

Full Time

Nagor Department

5.0

• posted on 25 Jun 2022

5.0

for Salary and Benefits

Likes

... cafeteria and gaming arcade for chilling company policy are good appraisal are fair and the give good salary hike and bonus every yers

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growet

Credit Executive in Ahmedabad

Credit Risk Department

1.0

• posted on 22 Oct 2021

1.0

for Salary and Benefits

Likes

...rds executives. Don't waste your crucial career time working for this company. Salary very low as compared to other companies.

Dislikes

There is a lot of politics and management doesn't address our issues.

Salary - Bad

+6 more

Finance in Barmer

Other Department

1.0

• posted on 18 May 2021

1.0

for Salary and Benefits

Likes

light microfinance me jobs are not secure

Dislikes

...rt is not available and work is hard and you do not get any proper facilities. No salary growth Branch ke pas me koi is not a knowledge / expression manager Company loan policy is not good Company levies higher interest rates on loans Which is not good for the poor Company loan amount is low

Salary - Bad

+5 more

Executive in Ahmedabad

Management Department

1.0

• posted on 02 Oct 2021

1.0

for Salary and Benefits

Likes

Their Politics and justice to any Issue

Dislikes

The Management means if you have any issue and or you are in any problem like harassment and if you will told your problems to management then they will definitely give justice to you … They will terminate/Separate you as you are the reason Because you have given him chance to harass you. So they will also terminate you . So if you have to survive then you have to became mute if you are getting harass then don’t tell anybody other wise you will out of the office.

Salary - Bad

+6 more

Manager - MIS in Ahmedabad

Administration Department

1.0

• posted on 26 May 2022

1.0

for Salary and Benefits

Likes

This is a very poor company there is no value of employees attraction rate is so high you can check with company data joining and leaving rate

Dislikes

This company operating by only one person all the management following only his instructions because he is doing business

Salary - Bad

+6 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Light Microfinance Collections Manager Salary FAQs

What is the salary of Collections Manager at Light Microfinance?

Collections Manager salary at Light Microfinance in India ranges between ₹3.2 Lakhs to ₹3.8 Lakhs for experience between 2 years to 4 years. According to our estimates it is 39% less than the average Collections Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Light Microfinance India.

How does the salary of a Collections Manager at Light Microfinance India compare with the average salary range for this job?

The average salary of a Collections Manager at Light Microfinance is 39% less than the average salary of a Collections Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Light Microfinance to a Collections Manager in India?

Kogta Financial India Limited Collections Manager Salary - ₹3.1 Lakhs to ₹12.4 Lakhs per year
Tata Capital Housing Finance Collections Manager Salary - ₹4.0 Lakhs to ₹10.5 Lakhs per year
Hero FinCorp Collections Manager Salary - ₹3.1 Lakhs to ₹10.2 Lakhs per year
Bajaj Housing Finance Collections Manager Salary - ₹4.0 Lakhs to ₹8.3 Lakhs per year
Bandhan Bank Collections Manager Salary - ₹2.7 Lakhs to ₹9.7 Lakhs per year

What is the salary of a Collections Manager in companies similar to Light Microfinance in India?

Satin Creditcare Network Collections Manager Salary - ₹3.8 Lakhs to ₹8.6 Lakhs per year
Finova Capital Collections Manager Salary - ₹3.5 Lakhs to ₹6.5 Lakhs per year
Kotak Mahindra Prime Collections Manager Salary - ₹2.3 Lakhs to ₹9.0 Lakhs per year
Sammaan Capital Limited Collections Manager Salary - ₹2.4 Lakhs to ₹6.5 Lakhs per year
Vistaar Finance Collections Manager Salary - ₹2.1 Lakhs to ₹5.8 Lakhs per year

What is the estimated take home salary of a Collections Manager at Light Microfinance in India?

The estimated take-home salary of a Collections Manager at Light Microfinance ranges between ₹24,866 per month to ₹26,307 per month in India. The take-home salary calculation is based on the average Light Microfinance Collections Manager salary in India which ranges between ₹3.2 Lakhs to ₹3.8 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Collections Manager at Light Microfinance?

According to AmbitionBox, 50% of the Light Microfinance Collections Managers reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Light Microfinance Collections Manager Salaries

Light Microfinance Collections Manager salary in India ranges between ₹3.2 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Light Microfinance latest salaries received from various employees of Light Microfinance.