LokSuvidha Finance Indore Collections Manager Salaries by 3 Employees (Updated 2024)

3 - 9 years exp.

₹2.7 Lakhs - ₹3.8 Lakhs

Low Confidence

Salary of majority employees

41% 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. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.8 L/yr
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Finance & Accounting Collections Manager Salary 4 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr

Last Updated: 20 Jan 2024

Companies similar to LokSuvidha Finance for Collections Manager in Indore

LokSuvidha Finance Collections Manager Salary

3 - 9 years exp. (3 salaries)

₹2.7 L/yr - ₹3.8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Collections Manager Salary 3 - 9 years exp. (10 salaries)	₹4 L/yr - ₹7.1 L/yr 105% more
Kotak Mahindra Bank Collections Manager Salary 5 - 10 years exp. (5 salaries)	₹3.4 L/yr - ₹8.1 L/yr 80% more
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Tata Capital Collections Manager Salary 3 - 12 years exp. (12 salaries)	₹3.6 L/yr - ₹9 L/yr 80% more	17 job openings
Shriram Finance Collections Manager Salary 4 - 11 years exp. (9 salaries)	₹3 L/yr - ₹5.5 L/yr 14% more
IDFC FIRST Bank Collections Manager Salary 2 - 11 years exp. (27 salaries)	₹2.2 L/yr - ₹9 L/yr 74% more

Collections Manager salary at LokSuvidha Finance ranges between ₹2.7 Lakhs to ₹3.8 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 3 latest salaries received from various employees of LokSuvidha Finance.

Experience wise LokSuvidha Finance Collections Manager salaries in Indore

Last Updated: 20 Jan 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹6 L/yr
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5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
7 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
8 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
9 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.8 L/yr

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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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a technical project manager

Deadend

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 Collections Manager Salary FAQs

What is the notice period for Collections Manager at LokSuvidha Finance in Indore?

According to AmbitionBox, 50% of the LokSuvidha Finance Collections Managers in Indore reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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LokSuvidha Finance Collections Manager Salaries in Indore

LokSuvidha Finance Collections Manager salary in Indore ranges between ₹2.7 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 LokSuvidha Finance latest salaries received from various employees of LokSuvidha Finance.