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LokSuvidha Finance Collections Manager salaries in India (Updated 2025)

Annual salary range
3 - 9 years exp.
₹2.2 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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40% less than the average Collections Manager Salary in Financial Services Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Collections Manager Salary
3 - 9 years exp. (8 salaries)
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₹2.4 L/yr - ₹4.5 L/yr

Sales & Business Development
Collections Manager Salary
4 - 6 years exp. (3 salaries)
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₹3 L/yr - ₹3.8 L/yr

Finance & Accounting
Collections Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.5 L/yr

Last Updated: 12 Mar 2025

Companies similar to LokSuvidha Finance for Collections Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Collections Manager Salary

0 - 11 years exp. (339 salaries)

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₹1.2 L/yr - ₹7.8 L/yr

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HDFC Bank Collections Manager Salary

1 - 18 years exp. (1.1k salaries)

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₹2 L/yr - ₹11.1 L/yr

arrow icon 95% more
7 job openings
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ICICI Bank Collections Manager Salary

3 - 15 years exp. (196 salaries)

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₹3.7 L/yr - ₹12 L/yr

arrow icon 117% more
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Kotak Mahindra Bank Collections Manager Salary

3 - 14 years exp. (302 salaries)

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₹1.8 L/yr - ₹9.8 L/yr

arrow icon 82% more
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Tata Capital Collections Manager Salary

3 - 13 years exp. (294 salaries)

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₹2.4 L/yr - ₹9.5 L/yr

arrow icon 81% more
16 job openings
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Aditya Birla Capital Collections Manager Salary

3 - 13 years exp. (75 salaries)

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₹3.1 L/yr - ₹10.3 L/yr

arrow icon 85% more
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Mahindra Finance Collections Manager Salary

2 - 10 years exp. (73 salaries)

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₹1.5 L/yr - ₹5.5 L/yr

arrow icon 9% more
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Shriram Finance Collections Manager Salary

2 - 10 years exp. (184 salaries)

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₹1.9 L/yr - ₹6 L/yr

arrow icon 12% more
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L&T Finance Collections Manager Salary

4 - 12 years exp. (181 salaries)

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₹2.4 L/yr - ₹9.8 L/yr

arrow icon 79% more
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Reliance Capital Collections Manager Salary

5 - 11 years exp. (6 salaries)

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₹4.5 L/yr - ₹6.6 L/yr

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₹2.4 L/yr - ₹5.3 L/yr

arrow icon 18% more
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Bss Microfinance Collections Manager Salary

0 - 4 years exp. (4 salaries)

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₹1.5 L/yr - ₹3.6 L/yr

arrow icon 34% less
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Reliance Money Collections Manager Salary

5 - 13 years exp. (4 salaries)

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₹4.7 L/yr - ₹6 L/yr

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₹6.5 L/yr - ₹9.5 L/yr

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₹4.4 L/yr - ₹9.5 L/yr

arrow icon 82% more
Collections Manager salary at LokSuvidha Finance ranges between ₹2.2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 24 latest salaries received from various employees of LokSuvidha Finance.

Latest annual salaries shared by LokSuvidha Finance Collections Manager

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Experience wise LokSuvidha Finance Collections Manager salaries

Last Updated: 12 Mar 2025

Experience Avg Annual Salary
3 years  (5 salaries)

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₹2.2 L/yr - ₹4.5 L/yr
4 years  (8 salaries)

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₹2.2 L/yr - ₹4.5 L/yr
5 years  (4 salaries)

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₹2.4 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹3.8 L/yr
7 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹6.2 L/yr
View all

Similar Designation salaries in LokSuvidha Finance

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₹1 L/yr - ₹2.5 L/yr
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₹5.2 L/yr - ₹6 L/yr
Branch Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
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₹8.5 L/yr - ₹12 L/yr
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₹1.2 L/yr - ₹2.4 L/yr
Team Lead Salary
(5 salaries)
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₹1.8 L/yr - ₹2.4 L/yr

Top skills at LokSuvidha Finance for Collections Manager

Collection Management Collections Hiring Policies Relationship Management Finance Communication Skills Loss Payment Collection Debt Management Training Recruitment Recovery Management Delinquency Management Profit

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LokSuvidha Finance Collections Manager Salary FAQs

What is the salary of Collections Manager at LokSuvidha Finance ?
The average salary of a Collections Manager at LokSuvidha Finance in India typically ranges from ₹2.2 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Collections Manager at LokSuvidha Finance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Collections Manager Salaries at LokSuvidha Finance 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 20+ LokSuvidha Finance employees in India.
What is the estimated take home salary of a Collections Manager at LokSuvidha Finance in India?
The estimated take-home salary of a Collections Manager at LokSuvidha Finance in India typically ranges from ₹24,719 to ₹26,162 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 3 years to 9 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 20+ salaries received from various employees of LokSuvidha Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Collections Manager at LokSuvidha Finance ?
To be a Collections Manager at LokSuvidha Finance in india, the key skills required include:

  • - Collection Management
  • - Collections
  • - Hiring
  • - Policies
  • - Relationship Management

These skills are highly valued at LokSuvidha Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than LokSuvidha Finance for Collections Manager in India?
Karvy Financial Services ₹6.5 Lakhs to ₹9.5 Lakhs per year
ICICI Bank ₹3.7 Lakhs to ₹12.0 Lakhs per year
HDFC Bank ₹2.0 Lakhs to ₹11.1 Lakhs per year
Aditya Birla Capital ₹3.1 Lakhs to ₹10.3 Lakhs per year
ART Housing Finance (India) ₹4.4 Lakhs to ₹9.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by LokSuvidha Finance, depending on the role and experience level.
What is the salary of a Collections Manager in companies similar to LokSuvidha Finance in India?
The salary of a Collections Manager at companies similar to LokSuvidha Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Bank ₹1.8 Lakhs to ₹9.8 Lakhs per year
Tata Capital ₹2.4 Lakhs to ₹9.5 Lakhs per year
L&T Finance ₹2.4 Lakhs to ₹9.8 Lakhs per year
Reliance Money ₹4.7 Lakhs to ₹6.0 Lakhs per year
Reliance Capital ₹4.5 Lakhs to ₹6.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Collections Manager at LokSuvidha Finance in India?
The salary growth for a Collections Manager at LokSuvidha Finance depends on factors such as experience, performance, and promotions. On average, a Collections Manager can expect the following growth trajectory at LokSuvidha Finance:

Experience Average Salary Range
3 years ₹2.2 Lakhs to ₹4.5 Lakhs per year
4 years ₹2.2 Lakhs to ₹4.5 Lakhs per year
5 years ₹2.4 Lakhs to ₹3.8 Lakhs per year
6 years ₹3.4 Lakhs to ₹3.8 Lakhs per year
and so on.

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LokSuvidha Finance Collections Manager salary in India ranges between ₹2.2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 24 LokSuvidha Finance latest salaries received from various employees of LokSuvidha Finance.