NBFC Collections Manager Salaries by 7 Employees (Updated 2025)

5 - 14 years exp.

₹2.3 Lakhs - ₹6.6 Lakhs

Salary of majority employees

16% less than the average Collections Manager Salary in Insurance Companies for 5 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 9 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹6.1 L/yr
Marketing & Communication Collections Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹5.5 L/yr
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Finance & Accounting Collections Manager Salary 14 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹5.3 L/yr

Last Updated: 5 Aug 2023

Companies similar to NBFC for Collections Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collections Manager Salary 0 - 18 years exp. (1.1k salaries)	₹2 L/yr - ₹11.5 L/yr 39% more	2 job openings
Bajaj Finance Collections Manager Salary 0 - 10 years exp. (331 salaries)	₹1.2 L/yr - ₹8 L/yr 4% more
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ICICI Bank Collections Manager Salary 3 - 15 years exp. (323 salaries)	₹2.5 L/yr - ₹12 L/yr 58% more
Axis Bank Collections Manager Salary 4 - 14 years exp. (293 salaries)	₹2.9 L/yr - ₹10.8 L/yr 57% more
Kotak Mahindra Bank Collections Manager Salary 3 - 14 years exp. (304 salaries)	₹2 L/yr - ₹9.8 L/yr 32% more
Tata Capital Collections Manager Salary 3 - 13 years exp. (280 salaries)	₹2.4 L/yr - ₹9.4 L/yr 34% more	13 job openings
Aditya Birla Capital Collections Manager Salary 4 - 11 years exp. (62 salaries)	₹3.1 L/yr - ₹10.7 L/yr 39% more
Mahindra Finance Collections Manager Salary 2 - 10 years exp. (79 salaries)	₹1.5 L/yr - ₹5.5 L/yr 22% less
L&T Finance Collections Manager Salary 4 - 12 years exp. (176 salaries)	₹2.4 L/yr - ₹9.4 L/yr 25% more
Shriram Finance Collections Manager Salary 4 - 11 years exp. (121 salaries)	₹2.2 L/yr - ₹6 L/yr 14% less
Cholamandalam MS General Insurance Collections Manager Salary 4 - 9 years exp. (6 salaries)	₹1.1 L/yr - ₹4 L/yr 44% less
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Collections Manager salary at NBFC ranges between ₹2.3 Lakhs to ₹6.6 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 7 latest salaries received from various employees of NBFC.

Experience wise NBFC Collections Manager salaries

Last Updated: 5 Aug 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹6.7 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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7 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹6.6 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.1 L/yr
10 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
11 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
12 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.1 L/yr
13 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
14 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹9.7 L/yr

View all

Similar Designation salaries in NBFC

Collection Officer Salary

(3 salaries)

₹2.45 L/yr - ₹4.5 L/yr

Area Collection Manager Salary

(7 salaries)

₹8.4 L/yr - ₹13 L/yr

Collection Associate Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Branch Collection Manager Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Cluster Manager Salary

(3 salaries)

₹2.5 L/yr - ₹3.2 L/yr

Relationship Manager Salary

(10 salaries)

₹2.3 L/yr - ₹5 L/yr

Recovery Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Branch Manager Salary

(18 salaries)

₹2.6 L/yr - ₹7 L/yr

Agency Manager Salary

(AmbitionBox Estimate)

₹7.6 L/yr - ₹9.7 L/yr

Area Manager Salary

(7 salaries)

₹5.4 L/yr - ₹12.6 L/yr

Salary related reviews for NBFC

4.0

Rated by 1 employees for salary & benefits

Back Office Executive in Jaipur

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 02 Jul 2024

2.0

for Salary and Benefits

Likes

Nbfc are hell for anyone…some of target and money greedy companies wants 100% for employee and want from them to work overtime no holiday in closings and if any festival comes in closing they will not give holiday.. If your employee is not happy how could he work better…

Skill development - Good

+3 more

Dislikes

Work load and salary low

Salary - Poor

+1 more

Bajaj Finance Limited in Mumbai

Asset Based Finance . FD . Secured and Unsecured Loans both.. Department

5.0

• posted on 22 Apr 2019

5.0

for Salary and Benefits

Likes

...gement is very demanding. It's very tough and challenging for middle Management. Compensation , R&R , salary increment is better then competition.

Salary - Excellent

+4 more

Dislikes

Higher management is very demanding. It's very tough and challenging for middle Management. Work Life balance is poor.

Work-life balance - Poor

Assistant Manager

Sales & Business Development Department

4.0

• posted on 04 Oct 2017

4.0

for Salary and Benefits

Likes

Highly motivated teams, proper training, innovations in marketing, helps for a strong foundation in career growth are good aspects

Salary - Good

+1 more

Dislikes

No job security and less career growth less salary, bad work-life balance

Job security - Poor

Assistant Manager in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 20 Apr 2022

4.0

for Salary and Benefits

Likes

Yeah company policy and work managment are really great because I joined 2017 and now I m working same company.

Salary - Good

+6 more

Dislikes

Not any particular as always there is two thing's of anything but it's depend on us that how can we manage or balanced.

Senior Area Collection Manager in Wani

BFSI, Investments & Trading Department

5.0

• posted on 28 Oct 2021

5.0

for Salary and Benefits

Likes

i like the working culture of NBFC in collection segment. as well as there is fast career growth based on performance along with salary increment.

Salary - Excellent

+3 more

Dislikes

In NBFC their is problem of holiday as compare to banking sector.

Work-life balance - Poor

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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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NBFC Collections Manager Salary FAQs

What is the salary of Collections Manager at NBFC?

Collections Manager salary at NBFC in India ranges between ₹2.3 Lakhs to ₹6.6 Lakhs for experience between 5 years to 14 years. According to our estimates it is 16% less than the average Collections Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of NBFC India.

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

The average salary of a Collections Manager at NBFC is 16% 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 NBFC to a Collections Manager in India?

ICICI Bank Collections Manager Salary - ₹2.5 Lakhs to ₹12.0 Lakhs per year
Axis Bank Collections Manager Salary - ₹2.9 Lakhs to ₹10.8 Lakhs per year
HDFC Bank Collections Manager Salary - ₹2.0 Lakhs to ₹11.5 Lakhs per year
Aditya Birla Capital Collections Manager Salary - ₹3.1 Lakhs to ₹10.7 Lakhs per year
Tata Capital Collections Manager Salary - ₹2.4 Lakhs to ₹9.4 Lakhs per year

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

Kotak Mahindra Bank Collections Manager Salary - ₹2.0 Lakhs to ₹9.8 Lakhs per year
L&T Finance Collections Manager Salary - ₹2.4 Lakhs to ₹9.4 Lakhs per year
Bajaj Finance Collections Manager Salary - ₹1.2 Lakhs to ₹8.0 Lakhs per year
Shriram Finance Collections Manager Salary - ₹2.2 Lakhs to ₹6.0 Lakhs per year
Mahindra Finance Collections Manager Salary - ₹1.5 Lakhs to ₹5.5 Lakhs per year

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

The estimated take-home salary of a Collections Manager at NBFC ranges between ₹34,855 per month to ₹36,097 per month in India. The take-home salary calculation is based on the average NBFC Collections Manager salary in India which ranges between ₹2.3 Lakhs to ₹6.6 Lakhs per year for employees with experience between 5 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Collections Manager at NBFC?

According to AmbitionBox, 25% of the NBFC Collections Managers reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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NBFC Collections Manager Salaries

NBFC Collections Manager salary in India ranges between ₹2.3 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 NBFC latest salaries received from various employees of NBFC.