Protium Finance State Collection Manager Salaries by 3 Employees (Updated 2025)

15 - 16 years exp.

₹10 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

26% less than the average State Collection Manager Salary in Financial Services Companies for 15 - 16 years of experience

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Last Updated: 18 Oct 2024

Companies similar to Protium Finance for State Collection Manager

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit State Collection Manager Salary 13 - 22 years exp. (39 salaries)	₹9.3 L/yr - ₹26.7 L/yr 42% more
Hero FinCorp State Collection Manager Salary 13 - 25 years exp. (18 salaries)	₹12 L/yr - ₹27.4 L/yr 78% more
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IndusInd Bank State Collection Manager Salary 10 - 18 years exp. (7 salaries)	₹12.6 L/yr - ₹16.8 L/yr 25% more
Kotak Mahindra Bank State Collection Manager Salary 14 - 16 years exp. (6 salaries)	₹6.8 L/yr - ₹17.8 L/yr 13% more
Shriram Finance State Collection Manager Salary 13 - 17 years exp. (6 salaries)	₹10 L/yr - ₹15 L/yr 17% more

State Collection Manager salary at Protium Finance ranges between ₹10 Lakhs to ₹12 Lakhs per year for employees with experience between 15 years to 16 years. Salary estimates are based on 3 latest salaries received from various employees of Protium Finance.

Experience wise Protium Finance State Collection Manager salaries

Last Updated: 18 Oct 2024

Experience	Avg Annual Salary
15+ years (3 salaries)	₹10 L/yr - ₹12 L/yr
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Salary related reviews for Protium Finance

3.0

Rated by 1 employees for salary & benefits

Collection Officer in All City

Full Time

Finance & Accounting Department

1.0

• posted on 17 Aug 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...d harassment from his manager thn after he treated very bad to give resignation. He jobless for 2 month and salary got only 12k after proper completing notice period also. Dont go for ths company. Otherwise you also suffer same.

Salary - Bad

+6 more

Branch Credit Manager in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

1.0

• posted on 12 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing much

Dislikes

... getting any appraisal, work life balance is a joke in the company and lays off.employees not only in sales but also in all departments if they want cost cutting and no human touch in this company culture. 0.5/5 rating.

Salary - Bad

+6 more

Senior Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 22 Dec 2023

5.0

for Salary and Benefits

Likes

They offer good salary and office infrastructure is also good.

Salary - Excellent

Dislikes

Job Security is always at stake in Protium. They lay off twice every year along with small layoffs at any given time of year without any strong reason. Even the people holding highest designation micro manage things.

Skill development - Bad

+5 more

Branch Credit Manager in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

1.0

• posted on 31 Dec 2024

1.0

for Salary and Benefits

Likes

I don't have any positive comments. I have only bad comments. I am suggesting please no one go to protium.

Dislikes

Working at Protium has been a challenging experience. The company lacks proper work-life balance as promised policies like alternate Saturday offs are not implemented, and leave requests, even for personal or festival occasions, are often denied. The management uses inappropriate language and exerts undue pressure on employees, creating a stressful and toxic environment. Promotions and appraisals seem biased, favoring those who conform rather than recognizing genuine hard work. Additionally, customers face issues like high-interest rates, exorbitant processing fees, and unnecessary insurance charges, which damage trust and the company's reputation. Employees here are expected to sacrifice personal life entirely, which is unsustainable. Protium must prioritize employee well-being, fairness, and customer satisfaction to improve its work culture and credibility.

Salary - Bad

+6 more

Branch Manager in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 05 Nov 2024

3.0

for Salary and Benefits

Likes

Good bonus and increments for performers or favorites

Promotions - Good

Dislikes

High rate of interest. Tough credit policies and bad culture in direct channel. favoritism during appraisals...Senior management have lot of attitude and ego...use foul language...ready to compromise on work ethics for business...HR is useless ..never help in recruitment. No one follow branch timing

Skill development - Bad

+1 more

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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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Protium Finance State Collection Manager Salary FAQs

What is the notice period for State Collection Manager at Protium Finance?

According to AmbitionBox, 100% of the Protium Finance State Collection Managers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Protium Finance State Collection Manager Salaries

Protium Finance State Collection Manager salary in India ranges between ₹10 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Protium Finance latest salaries received from various employees of Protium Finance.