NeoGrowth Credit Mumbai Area Collection Manager Salaries by 5 Employees (Updated 2025)

4 - 14 years exp.

₹5.2 Lakhs - ₹7.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

28% less than the average Area Collection Manager Salary in NBFC Companies for 4 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Collection Manager Salary 8 - 14 years exp. (4 salaries)	₹5.2 L/yr - ₹7.8 L/yr
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Finance & Accounting Area Collection Manager Salary 4 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹8.1 L/yr

Last Updated: 22 Mar 2025

Companies similar to NeoGrowth Credit for Area Collection Manager in Mumbai

NeoGrowth Credit Area Collection Manager Salary

4 - 14 years exp. (5 salaries)

₹5.2 L/yr - ₹7.8 L/yr

Company name	Avg Annual Salary	Open Jobs
LendingKart Area Collection Manager Salary 10 - 15 years exp. (4 salaries)	₹11 L/yr - ₹17 L/yr 94% more
PNB Housing Finance Area Collection Manager Salary 8 - 12 years exp. (4 salaries)	₹7.2 L/yr - ₹11.2 L/yr 54% more
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Bajaj Housing Finance Area Collection Manager Salary 8 - 15 years exp. (4 salaries)	₹8.8 L/yr - ₹13 L/yr 58% more
InCred Finance Area Collection Manager Salary 10 - 15 years exp. (3 salaries)	₹7.8 L/yr - ₹13.3 L/yr 55% more
Bajaj Finance Area Collection Manager Salary 5 - 15 years exp. (22 salaries)	₹6 L/yr - ₹15.5 L/yr 61% more

Area Collection Manager salary at NeoGrowth Credit ranges between ₹5.2 Lakhs to ₹7.8 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of NeoGrowth Credit.

Experience wise NeoGrowth Credit Area Collection Manager salaries in Mumbai

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
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6 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
9 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
10 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
11 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
12 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
13 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
14 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr

View all

Similar Designation salaries in NeoGrowth Credit

Cluster Manager Salary

(6 salaries)

₹9.5 L/yr - ₹14.5 L/yr

Regional Collection Manager Salary

(4 salaries)

₹23 L/yr - ₹29 L/yr

Top skills at NeoGrowth Credit for Area Collection Manager

Collections Debt Recovery Software Configuration Management MS Office Home Loans Reconciliation Collection Management Business Loan Banking Recovery bl

Salary related reviews for NeoGrowth Credit

Sdet Automation Test Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

1.0

• posted on 17 Mar 2025

1.0

for Salary and Benefits

Likes

To be very honest it is the worst company that you can be in, only join if you don't have any job in hand other wise don't join, management is extremely toxic.

Dislikes

everything, no work from home option They will force you to work late night without giving proper compensation and will not recognise your efforts also the increment is next to zero .

Salary - Bad

+6 more

Credit Underwriter in Chennai

Full Time

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1.0

• posted on 17 Jun 2019

1.0

for Salary and Benefits

Likes

Worst company i never seen like this am worked on credit team but there is no support in credit team even sales team compare to credit they r better

Dislikes

...hike on this but this year mangement given us 850rs appraisal.this is cheating . now we left the company now currenly one fresher joined neo grwoth his salary comparing to my salary 50percent higher 😡 now how can the managment give that hike to new fresher ??? even experiance workers nt getting that much salary. neo growth unsecured loan cheating customer to flat rate of intrest but they dnt have to give good salary to employe bulshit worst company i wasted my last one year in neo growth

Salary - Bad

+6 more

Customer Relationship Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 09 May 2021

3.0

for Salary and Benefits

Likes

...od and job is not secured when you don't achieve your target but and there is a hectic job but teammates are supportive and they give good salary

Promotions - Good

CPA in Chandigarh

Full Time

Finance & Accounting Department

4.0

• posted on 03 Jun 2020

3.0

for Salary and Benefits

Likes

Work Environment was good, Teammates are supportive Management is not bad, and Company Policy was average, Appraisal are good, but presently I am Jobless due to covid-19 company has been fired

Skill development - Excellent

Dislikes

There are lot of policies and the management don't address our issue. Salary is good but career growth was slow.

Job security - Poor

+2 more

Regional Business Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Feb 2025

2.0

for Salary and Benefits

Likes

Nothing to like ....it's a royal mess...don't even think of working here...sycophants and certain group are allowed to work.

Dislikes

Everything... except for the salary that was credited into the account at the end of mnth...

Salary - Poor

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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NeoGrowth Credit Area Collection Manager Salary FAQs

What is the salary of Area Collection Manager at NeoGrowth Credit in Mumbai?

The average salary of a Area Collection Manager at NeoGrowth Credit in Mumbai typically ranges from ₹5.2 Lakhs to ₹7.8 Lakhs per year, depending on experience (from 4 years to 14 years).

The top 10% of Area Collection Manager in Mumbai at NeoGrowth Credit earn more than ₹7.8 Lakhs per year, and the top 1% earn over ₹7.8 Lakhs per year. Area Collection Manager Salaries at NeoGrowth Credit 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 5 NeoGrowth Credit employees in India.

What is the estimated take home salary of a Area Collection Manager at NeoGrowth Credit in Mumbai?

The estimated take-home salary of a Area Collection Manager at NeoGrowth Credit in Mumbai typically ranges from ₹51,892 to ₹53,115 per month. This is based on the average salary range of ₹5.2 Lakhs to ₹7.8 Lakhs per year for employees with experience ranging from 4 years to 14 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 5 salaries received from various employees of NeoGrowth Credit. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Area Collection Manager at NeoGrowth Credit in Mumbai?

To be a Area Collection Manager at NeoGrowth Credit in Mumbai, the key skills required include:

- Collections
- Debt Recovery
- Software Configuration Management
- MS Office
- Home Loans

These skills are highly valued at NeoGrowth Credit and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than NeoGrowth Credit for Area Collection Manager in India?

LendingKart	₹11.0 Lakhs to ₹17.0 Lakhs per year
Bajaj Finance	₹6.0 Lakhs to ₹15.5 Lakhs per year
Bajaj Housing Finance	₹8.8 Lakhs to ₹13.0 Lakhs per year
InCred Finance	₹7.8 Lakhs to ₹13.3 Lakhs per year
PNB Housing Finance	₹7.2 Lakhs to ₹11.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by NeoGrowth Credit, depending on the role and experience level.

How the salary growth look like for a Area Collection Manager at NeoGrowth Credit in Mumbai?

The salary growth for a Area Collection Manager at NeoGrowth Credit in Mumbai depends on factors such as experience, performance, and promotions. On average, a Area Collection Manager in Mumbai can expect the following growth trajectory at NeoGrowth Credit:

Experience	Average Salary Range
4 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
5 years	₹5.5 Lakhs to ₹7.1 Lakhs per year
6 years	₹5.7 Lakhs to ₹7.2 Lakhs per year
7 years	₹5.8 Lakhs to ₹7.4 Lakhs per year

and so on.

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NeoGrowth Credit Area Collection Manager Salaries in Mumbai

NeoGrowth Credit Area Collection Manager salary in Mumbai ranges between ₹5.2 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 NeoGrowth Credit latest salaries received from various employees of NeoGrowth Credit.