Rattanindia Finance Collections Manager Salaries by 5 Employees

6 - 14 years exp.

₹3.5 Lakhs - ₹9.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

18% less than the average Collections Manager Salary in NBFC Companies for 6 - 14 years of experience

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Last Updated: 5 Dec 2024

Companies similar to Rattanindia Finance for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Collections Manager Salary 0 - 11 years exp. (343 salaries)	₹1.2 L/yr - ₹7.8 L/yr 4% more
Hero FinCorp Collections Manager Salary 1 - 16 years exp. (291 salaries)	₹3.1 L/yr - ₹10.2 L/yr 38% more
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HDB Financial Services Collections Manager Salary 2 - 17 years exp. (264 salaries)	₹3 L/yr - ₹9 L/yr 36% more	6 job openings
SMFG India Credit Collections Manager Salary 4 - 10 years exp. (199 salaries)	₹2 L/yr - ₹9.5 L/yr 6% more
Bajaj Housing Finance Collections Manager Salary 5 - 10 years exp. (52 salaries)	₹4 L/yr - ₹8.3 L/yr 32% more
Home Credit Finance Collections Manager Salary 3 - 13 years exp. (32 salaries)	₹2.5 L/yr - ₹6.2 L/yr 14% less
Wheels Emi Collections Manager Salary 4 - 12 years exp. (22 salaries)	₹3.8 L/yr - ₹10.6 L/yr 33% more
Hinduja Finance Collections Manager Salary 3 - 9 years exp. (7 salaries)	₹3.3 L/yr - ₹5 L/yr 4% more
Srg Housing Finance Collections Manager Salary 2 - 13 years exp. (6 salaries)	₹2.9 L/yr - ₹3.2 L/yr 34% less
Bell Finvest Collections Manager Salary 12 - 17 years exp. (5 salaries)	₹4 L/yr - ₹6.3 L/yr 7% more
Indian School Finance Company Collections Manager Salary 8 - 15 years exp. (4 salaries)	₹3.1 L/yr - ₹8.5 L/yr 28% more
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Pooja Finelease Collections Manager Salary 7 - 10 years exp. (4 salaries)	₹3.6 L/yr - ₹5.9 L/yr 13% more
ECL Finance Collections Manager Salary 6 - 10 years exp. (3 salaries)	₹5 L/yr - ₹6.5 L/yr 20% more

Collections Manager salary at Rattanindia Finance ranges between ₹3.5 Lakhs to ₹9.2 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Rattanindia Finance.

Experience wise Rattanindia Finance Collections Manager salaries

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
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8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
9 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
10 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
11 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
12 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
13 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
14 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

View all

Similar Designation salaries in Rattanindia Finance

Collection Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Area Collection Manager Salary

(10 salaries)

₹7.25 L/yr - ₹10 L/yr

Relationship Manager Salary

(4 salaries)

₹2.15 L/yr - ₹4 L/yr

Recovery Manager Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Area Manager Salary

(3 salaries)

₹4.5 L/yr - ₹6.5 L/yr

Deputy Manager Salary

(13 salaries)

₹6.5 L/yr - ₹9.65 L/yr

Regional Collection Manager Salary

(4 salaries)

₹13.2 L/yr - ₹21 L/yr

Sales Executive Salary

(4 salaries)

₹2.18 L/yr - ₹2.55 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Top skills at Rattanindia Finance for Collections Manager

Collections Recovery

Salary related reviews for Rattanindia Finance

Administration Manager in New Delhi

Full Time

Administration & Facilities Department

1.0

• posted on 14 Sep 2023

1.0

for Salary and Benefits

Likes

No likes.

Dislikes

...e, with no consideration of work life balance, and it's not pleasant to work. 4. They take almost an year to pay you what they owe (FnF), and despite reaching out multiple times, they rarely respond to mails. When you call, they claim they haven't recieved approval yet. 5. There is no chance to learn or improve your skills. 6. The management is awful and doesn't know how to talk to employees. They struggle to get approvals for anything. Summary: Don't make mistake of working at RattanIndia. It's a terrible company that won't help you grow and will make your life miserable.

Salary - Bad

+6 more

Data Entry Operator in New Delhi

Other Department

5.0

• posted on 30 Apr 2022

5.0

for Salary and Benefits

Likes

Best Culture.best company

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you can not resign. On the job training is not given to new joiners

Manager in New Delhi

Human Resources Department

5.0

• posted on 12 Apr 2021

5.0

for Salary and Benefits

Likes

... are supportive and the management is transparent. Amazing office and workplace. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Deputy Manager - Finance in New Delhi

Finance Department

3.0

• posted on 22 Dec 2019

2.0

for Salary and Benefits

Likes

You have freedom of speech amongst teammates and seniors. Location is favorable ,travel time is only 1 comfortable hour from my home through public transport. Learning opportunities are great.

Skill development - Excellent

+3 more

Dislikes

A presence of strong HR is strictly needed. HR practices are not so good. Compensation and benefits are also no good.

Salary - Poor

+2 more

Android Developer in New Delhi

Full Time

Engineering - Software & QA Department

1.0

• posted on 31 Jan 2023

1.0

for Salary and Benefits

Likes

Everything is good location and company

Dislikes

CEO is the worst person to meet , Manager and He they are just there to sit CEO Instead of being inspiring he is just arrogant and ignorant like a brat Who does know how to make money but doesn't know how to keep the most important Thing in the company assets Employees

Salary - Bad

+6 more

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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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Rattanindia Finance Collections Manager Salary FAQs

What is the salary of Collections Manager at Rattanindia Finance ?

The average salary of a Collections Manager at Rattanindia Finance in India typically ranges from ₹3.5 Lakhs to ₹9.2 Lakhs per year, depending on experience (from 6 years to 14 years).

The top 10% of Collections Manager at Rattanindia Finance earn more than ₹9.2 Lakhs per year, and the top 1% earn over ₹9.2 Lakhs per year. Collections Manager Salaries at Rattanindia 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 5 Rattanindia Finance employees in India.

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

The estimated take-home salary of a Collections Manager at Rattanindia Finance in India typically ranges from ₹34,672 to ₹35,917 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹9.2 Lakhs per year for employees with experience ranging from 6 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 Rattanindia 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 Rattanindia Finance ?

To be a Collections Manager at Rattanindia Finance in india, the key skills required include:

- Collections
- Recovery

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

Which companies offer higher salaries than Rattanindia Finance for Collections Manager in India?

Hero FinCorp	₹3.1 Lakhs to ₹10.2 Lakhs per year
HDB Financial Services	₹3.0 Lakhs to ₹9.0 Lakhs per year
Wheels Emi	₹3.8 Lakhs to ₹10.6 Lakhs per year
Bajaj Housing Finance	₹4.0 Lakhs to ₹8.3 Lakhs per year
Indian School Finance Company	₹3.1 Lakhs to ₹8.5 Lakhs per year

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

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

The salary of a Collections Manager at companies similar to Rattanindia Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ECL Finance	₹5.0 Lakhs to ₹6.5 Lakhs per year
Pooja Finelease	₹3.6 Lakhs to ₹5.9 Lakhs per year
Bell Finvest	₹4.0 Lakhs to ₹6.3 Lakhs per year
SMFG India Credit	₹2.0 Lakhs to ₹9.5 Lakhs per year
Hinduja Finance	₹3.3 Lakhs to ₹5.0 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 Rattanindia Finance in India?

The salary growth for a Collections Manager at Rattanindia Finance depends on factors such as experience, performance, and promotions. On average, a Collections Manager can expect the following growth trajectory at Rattanindia Finance:

Experience	Average Salary Range
6 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
7 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
8 years	₹4.5 Lakhs to ₹5.7 Lakhs per year
9 years	₹4.3 Lakhs to ₹5.5 Lakhs per year

and so on.

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Rattanindia Finance Collections Manager Salaries

Rattanindia Finance Collections Manager salary in India ranges between ₹3.5 Lakhs to ₹9.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Rattanindia Finance latest salaries received from various employees of Rattanindia Finance.