Religare Finvest Collections Manager Salaries by 10+ Employees (Updated 2024)

9 - 20 years exp.

₹4.3 Lakhs - ₹10.5 Lakhs

Salary of majority employees

28% more than the average Collections Manager Salary in Financial Services Companies for 9 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 9 - 20 years exp. (6 salaries)	₹6.4 L/yr - ₹10.5 L/yr
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Finance & Accounting Collections Manager Salary 12 - 16 years exp. (AmbitionBox Estimate)	₹6.6 L/yr - ₹9.5 L/yr

Last Updated: 23 Nov 2023

Companies similar to Religare Finvest for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Collections Manager Salary 0 - 10 years exp. (265 salaries)	₹1.3 L/yr - ₹7.5 L/yr 37% less
HDFC Bank Collections Manager Salary 0 - 18 years exp. (878 salaries)	₹2 L/yr - ₹11.1 L/yr 9% less	1 job opening
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ICICI Bank Collections Manager Salary 3 - 15 years exp. (330 salaries)	₹2.5 L/yr - ₹12 L/yr 3% more
L&T Finance Collections Manager Salary 4 - 12 years exp. (173 salaries)	₹2.4 L/yr - ₹9 L/yr 15% less
Mahindra Finance Collections Manager Salary 2 - 10 years exp. (79 salaries)	₹1.5 L/yr - ₹5.5 L/yr 44% less
Shriram Finance Collections Manager Salary 4 - 11 years exp. (191 salaries)	₹1.5 L/yr - ₹6 L/yr 42% less
Tata Capital Collections Manager Salary 3 - 12 years exp. (281 salaries)	₹2.5 L/yr - ₹10.8 L/yr 13% less	18 job openings
Aditya Birla Finance Collections Manager Salary 0 - 11 years exp. (109 salaries)	₹3.9 L/yr - ₹10.8 L/yr 9% less
Edelweiss Collections Manager Salary 3 - 15 years exp. (14 salaries)	₹3.5 L/yr - ₹10.5 L/yr 3% less
Muthoot Finance Collections Manager Salary 4 - 11 years exp. (13 salaries)	₹2.2 L/yr - ₹5.5 L/yr 36% less	2 job openings
Bajaj Finserv Collections Manager Salary 0 - 10 years exp. (420 salaries)	₹1.1 L/yr - ₹8 L/yr 34% less
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Srei Equipment Finance Collections Manager Salary 3 - 15 years exp. (30 salaries)	₹2.2 L/yr - ₹6.1 L/yr 45% less
Reliance Capital Collections Manager Salary 5 - 11 years exp. (6 salaries)	₹4.5 L/yr - ₹6.6 L/yr 27% less
Bajaj Capital Collections Manager Salary 5 - 9 years exp. (5 salaries)	₹3.4 L/yr - ₹3.8 L/yr 49% less
Motilal Oswal Financial Services Collections Manager Salary 4 - 12 years exp. (4 salaries)	₹3 L/yr - ₹5.5 L/yr 43% less
MAS Financial Services Collections Manager Salary 5 - 17 years exp. (4 salaries)	₹2.5 L/yr - ₹5.8 L/yr 45% less	1 job opening

Collections Manager salary at Religare Finvest ranges between ₹4.3 Lakhs to ₹10.5 Lakhs per year for employees with experience between 9 years to 20 years. Salary estimates are based on 15 latest salaries received from various employees of Religare Finvest.

Experience wise Religare Finvest Collections Manager salaries

Last Updated: 23 Nov 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹7 L/yr - ₹9.5 L/yr
10 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
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11 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹10.5 L/yr
12 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹9.5 L/yr
13 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.5 L/yr
14 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹12.8 L/yr
15+ years (7 salaries)	₹4.3 L/yr - ₹9.5 L/yr

View all

Similar Designation salaries in Religare Finvest

Collection Officer Salary

(4 salaries)

₹2.45 L/yr - ₹3.5 L/yr

Area Collection Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Zonal Collection Manager Salary

(AmbitionBox Estimate)

₹15.5 L/yr - ₹19.8 L/yr

Relationship Manager Salary

(20 salaries)

₹1.4 L/yr - ₹9.05 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Agency Manager Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Area Manager Salary

(3 salaries)

₹3.6 L/yr - ₹8.5 L/yr

Deputy Manager Salary

(29 salaries)

₹3 L/yr - ₹6 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

Salary related reviews for Religare Finvest

5.0

Rated by 5 employees for salary & benefits

Relationship Manager in Nashik

Full Time

sales Department

4.0

• posted on 23 Sep 2017

4.0

for Salary and Benefits

Likes

While working with RFL I liked its environment, incentive structure, pay scale, teammates. Overall Religare is very healthiest company for work.

Dislikes

The superior which I was reporting was the most part which I dislike. He is the reason for me to left the company.

Credit Executive in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

5.0

• posted on 06 Apr 2019

1.0

for Salary and Benefits

Likes

In 2 and half years of working experience in this organisation I have given my utmost support, hard work, extra hours work, passion to complete the work without making delay with zero audit queries but in my entire time of 2 and half year they have increased only Rs.200/- in my appraisal which is very pathetic. And I never forgot that reporting boss Mr. Vamshikrishna A, who is now working for HDFC Bank as a CM for unsecured Business Loans.

Dislikes

pathetic politics of local Telugu guys inside the organization and given only a salary hike of Rs.200/-.in entire 2 and half years of my work.

Senior Manager in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 24 Jun 2024

4.0

for Salary and Benefits

Likes

It was good to be a part of Religare since 2008 to till date. Working environment and work culture is very good, further friendly relations with each other including higher management

Dislikes

Company under RBI CAP & not doing business since 2018, so there is no challenge faced & unable to grow. Further due RBI capping risk of job safety as well

Back Office Operator in Pune

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 20 Dec 2023

5.0

for Salary and Benefits

Likes

All staff very nice and supportive each one and religare work experiance so nice not company it's like our big home . Find satisfaction ,respect and growth.in future if give opportunity for work I will do work happly once again.

Dislikes

My experiance very nice .

Credit Operation Executive in Baroda Gujarat

BFSI, Investments & Trading Department

5.0

• posted on 14 Aug 2020

5.0

for Salary and Benefits

Likes

Good policy

Dislikes

Not good Behavior for reporting manager for the name of Himanshu Modi (ZOH) he is totally politics game for junior employees example for me i have handled 3 branch for surat, baroda and vapi but he was resignation for religare finvest

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Salary Discussions, Hike & Promotions

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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Religare Finvest Collections Manager Salary FAQs

What is the salary of Collections Manager at Religare Finvest?

Collections Manager salary at Religare Finvest in India ranges between ₹4.3 Lakhs to ₹10.5 Lakhs for experience between 9 years to 20 years. According to our estimates it is 28% more than the average Collections Manager Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Religare Finvest India.

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

The average salary of a Collections Manager at Religare Finvest is 28% more 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 Religare Finvest to a Collections Manager in India?

ICICI Bank Collections Manager Salary - ₹2.5 Lakhs to ₹12.0 Lakhs per year

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

Edelweiss Collections Manager Salary - ₹3.5 Lakhs to ₹10.5 Lakhs per year
HDFC Bank Collections Manager Salary - ₹2.0 Lakhs to ₹11.1 Lakhs per year
Aditya Birla Finance Collections Manager Salary - ₹3.9 Lakhs to ₹10.8 Lakhs per year
Tata Capital Collections Manager Salary - ₹2.5 Lakhs to ₹10.8 Lakhs per year
L&T Finance Collections Manager Salary - ₹2.4 Lakhs to ₹9.0 Lakhs per year

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

The estimated take-home salary of a Collections Manager at Religare Finvest ranges between ₹52,970 per month to ₹54,288 per month in India. The take-home salary calculation is based on the average Religare Finvest Collections Manager salary in India which ranges between ₹4.3 Lakhs to ₹10.5 Lakhs per year for employees with experience between 9 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Collections Manager at Religare Finvest?

According to AmbitionBox, 67% of the Religare Finvest Collections Managers reported a notice period of 3 Months, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Religare Finvest Collections Manager Salaries

Religare Finvest Collections Manager salary in India ranges between ₹4.3 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Religare Finvest latest salaries received from various employees of Religare Finvest.