LokSuvidha Finance Collection Officer Salaries by 4 Employees (Updated 2024)

3 - 5 years exp.

₹1 Lakh - ₹2.5 Lakhs

Salary of majority employees

38% less than the average Collection Officer Salary in Financial Services Companies for 3 - 5 years of experience

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Last Updated: 16 Mar 2023

Companies similar to LokSuvidha Finance for Collection Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Collection Officer Salary 0 - 8 years exp. (215 salaries)	₹1.1 L/yr - ₹6.3 L/yr 113% more
HDFC Bank Collection Officer Salary 0 - 7 years exp. (360 salaries)	₹1.3 L/yr - ₹4.5 L/yr 53% more
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ICICI Bank Collection Officer Salary 2 - 6 years exp. (74 salaries)	₹1.3 L/yr - ₹3.6 L/yr 46% more
Kotak Mahindra Bank Collection Officer Salary 2 - 8 years exp. (53 salaries)	₹1.6 L/yr - ₹4.1 L/yr 60% more
Tata Capital Collection Officer Salary 0 - 14 years exp. (42 salaries)	₹2 L/yr - ₹4.5 L/yr 89% more	8 job openings
Aditya Birla Capital Collection Officer Salary 2 - 6 years exp. (19 salaries)	₹2.5 L/yr - ₹5 L/yr 113% more
Mahindra Finance Collection Officer Salary 1 - 8 years exp. (140 salaries)	₹1.5 L/yr - ₹5.1 L/yr 70% more	1 job opening
Shriram Finance Collection Officer Salary 1 - 9 years exp. (43 salaries)	₹1.9 L/yr - ₹4.5 L/yr 83% more
L&T Finance Collection Officer Salary 1 - 7 years exp. (344 salaries)	₹1.2 L/yr - ₹3.9 L/yr 40% more
Reliance Capital Collection Officer Salary 1 - 7 years exp. (4 salaries)	₹2.3 L/yr - ₹4 L/yr 91% more
ART Housing Finance (India) Collection Officer Salary 1 - 10 years exp. (9 salaries)	₹2.5 L/yr - ₹4 L/yr 90% more
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Bss Microfinance Collection Officer Salary 0 - 2 years exp. (5 salaries)	₹1.9 L/yr - ₹3.9 L/yr 68% more
Dmi Housing Finance Collection Officer Salary 1 - 4 years exp. (4 salaries)	₹2.4 L/yr - ₹5.5 L/yr 82% more
Aaa Capital Services Collection Officer Salary 3 - 10 years exp. (3 salaries)	₹2.7 L/yr - ₹3.5 L/yr 79% more	1 job opening
Reliance Money Collection Officer Salary 4 - 7 years exp. (3 salaries)	₹2.9 L/yr - ₹4 L/yr 93% more

Collection Officer salary at LokSuvidha Finance ranges between ₹1 Lakh to ₹2.5 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of LokSuvidha Finance.

Experience wise LokSuvidha Finance Collection Officer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
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5 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.1 L/yr

Similar Designation salaries in LokSuvidha Finance

Collections Manager Salary

(24 salaries)

₹2.15 L/yr - ₹4.5 L/yr

Sales Officer Salary

(3 salaries)

₹1.8 L/yr - ₹2.5 L/yr

Relationship Officer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Recovery Officer Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Area Collection Manager Salary

(4 salaries)

₹5.2 L/yr - ₹6 L/yr

Officer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Sales Manager Salary

(7 salaries)

₹2.4 L/yr - ₹3.4 L/yr

Sales Executive Salary

(5 salaries)

₹1.2 L/yr - ₹2.4 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Field Executive Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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LokSuvidha Finance Collection Officer Salary FAQs

What is the salary of Collection Officer at LokSuvidha Finance?

Collection Officer salary at LokSuvidha Finance in India ranges between ₹1.0 Lakhs to ₹2.5 Lakhs for experience between 3 years to 5 years. According to our estimates it is 38% less than the average Collection Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of LokSuvidha Finance India.

How does the salary of a Collection Officer at LokSuvidha Finance India compare with the average salary range for this job?

The average salary of a Collection Officer at LokSuvidha Finance is 38% less than the average salary of a Collection Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than LokSuvidha Finance to a Collection Officer in India?

Bajaj Finance Collection Officer Salary - ₹1.1 Lakhs to ₹6.3 Lakhs per year
Aditya Birla Capital Collection Officer Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
Reliance Money Collection Officer Salary - ₹2.9 Lakhs to ₹4.0 Lakhs per year
Reliance Capital Collection Officer Salary - ₹2.3 Lakhs to ₹4.0 Lakhs per year
ART Housing Finance (India) Collection Officer Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year

What is the salary of a Collection Officer in companies similar to LokSuvidha Finance in India?

Tata Capital Collection Officer Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
Shriram Finance Collection Officer Salary - ₹1.9 Lakhs to ₹4.5 Lakhs per year
Dmi Housing Finance Collection Officer Salary - ₹2.4 Lakhs to ₹5.5 Lakhs per year
Aaa Capital Services Collection Officer Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year
Mahindra Finance Collection Officer Salary - ₹1.5 Lakhs to ₹5.1 Lakhs per year

What is the estimated take home salary of a Collection Officer at LokSuvidha Finance in India?

The estimated take-home salary of a Collection Officer at LokSuvidha Finance ranges between ₹11,398 per month to ₹12,654 per month in India. The take-home salary calculation is based on the average LokSuvidha Finance Collection Officer salary in India which ranges between ₹1.0 Lakhs to ₹2.5 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Collection Officer at LokSuvidha Finance?

According to AmbitionBox, 100% of the LokSuvidha Finance Collection Officers 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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LokSuvidha Finance Collection Officer Salaries

LokSuvidha Finance Collection Officer salary in India ranges between ₹1 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 LokSuvidha Finance latest salaries received from various employees of LokSuvidha Finance.