Sakthi Finance Collections Manager Salaries by 5 Employees (Updated 2024)

5 - 12 years exp.

₹3.9 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

25% less than the average Collections Manager Salary in Financial Services Companies for 5 - 12 years of experience

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Last Updated: 8 Aug 2024

Companies similar to Sakthi Finance for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Cholamandalam Investment & Finance Collections Manager Salary 3 - 13 years exp. (64 salaries)	₹2 L/yr - ₹9.1 L/yr 19% more	1 job opening
Mahindra Finance Collections Manager Salary 2 - 11 years exp. (79 salaries)	₹1.5 L/yr - ₹5.5 L/yr 4% less
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Shriram Finance Collections Manager Salary 4 - 11 years exp. (191 salaries)	₹1.5 L/yr - ₹6 L/yr 1% less
Bajaj Finance Collections Manager Salary 0 - 10 years exp. (265 salaries)	₹1.3 L/yr - ₹7.5 L/yr 8% more
HDFC Bank Collections Manager Salary 0 - 18 years exp. (878 salaries)	₹2 L/yr - ₹11.1 L/yr 56% more	2 job openings
ICICI Bank Collections Manager Salary 3 - 15 years exp. (330 salaries)	₹2.5 L/yr - ₹12 L/yr 76% more
Kotak Mahindra Bank Collections Manager Salary 3 - 15 years exp. (287 salaries)	₹2 L/yr - ₹9.8 L/yr 48% more
Axis Bank Collections Manager Salary 4 - 14 years exp. (293 salaries)	₹2.6 L/yr - ₹12.4 L/yr 76% more
Tata Capital Collections Manager Salary 3 - 12 years exp. (281 salaries)	₹2.5 L/yr - ₹10.8 L/yr 49% more	18 job openings
L&T Finance Collections Manager Salary 4 - 12 years exp. (173 salaries)	₹2.4 L/yr - ₹9 L/yr 45% more
KapitalTech Collections Manager Salary 4 - 20 years exp. (6 salaries)	₹4 L/yr - ₹5.5 L/yr 18% more
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Toyota Financial Services Collections Manager Salary 9 - 13 years exp. (6 salaries)	₹8.3 L/yr - ₹11.1 L/yr 140% more
ART Housing Finance (India) Collections Manager Salary 4 - 15 years exp. (3 salaries)	₹4.4 L/yr - ₹9.5 L/yr 50% more

Collections Manager salary at Sakthi Finance ranges between ₹3.9 Lakhs to ₹6 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Sakthi Finance.

Experience wise Sakthi Finance Collections Manager salaries

Last Updated: 8 Aug 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
9 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
10 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹6 L/yr
11 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.8 L/yr
12 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.5 L/yr

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Similar Designation salaries in Sakthi Finance

Collection Officer Salary

(11 salaries)

₹1.85 L/yr - ₹3.65 L/yr

Area Collection Manager Salary

(4 salaries)

₹4.6 L/yr - ₹8.5 L/yr

Zonal Collection Manager Salary

(AmbitionBox Estimate)

₹13.1 L/yr - ₹16.7 L/yr

Collection Associate Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Branch Collection Manager Salary

(4 salaries)

₹4 L/yr - ₹4.2 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Relationship Manager Salary

(9 salaries)

₹2.96 L/yr - ₹3.7 L/yr

Branch Manager Salary

(30 salaries)

₹4 L/yr - ₹8.8 L/yr

Deputy Manager Salary

(3 salaries)

₹4 L/yr - ₹5 L/yr

Regional Collection Manager Salary

(7 salaries)

₹6.6 L/yr - ₹7.2 L/yr

Salary related reviews for Sakthi Finance

3.0

Rated by 2 employees for salary & benefits

Manager- Regional Collections in Coimbatore

Other Department

5.0

• posted on 12 Jun 2020

3.0

for Salary and Benefits

Likes

...ompany at various levels. His priority care is mainly with safety of employees. Salary of all the employees are give in time which is most important survival factor during this pandemic. which is very grateful.

Dislikes

Growth

Intern in Coimbatore

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 21 Mar 2024

3.0

for Salary and Benefits

Likes

Yess I kw u will be honest with you ok with you and your family a very happy birthday to you ok with you and your

Dislikes

No gos from the options of technology and yeah I kw u will be honest with you and your family a very happy birthday to you and your family a very happy birthday to you and your family a very

Credit Officer in Coimbatore

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 17 Apr 2023

2.0

for Salary and Benefits

Likes

Work life balance Is good here.. Company as a whole is like a family.. 100 percent job security.

Dislikes

Performance appraisal needs to be done.. should be more technical . Employee stress management sessions should be conducted. Employee suggestions for company growth should be asked.

Collection Officer in Coimbatore

Human Resources Department

5.0

• posted on 22 Apr 2022

5.0

for Salary and Benefits

Likes

No corporate politics are here. Here's the higher officials career are started by executive level and grew up. Hardwork are recognised by higher officials in time.

Dislikes

The only thing here is no incentive scheme in collection

Assistant Manager in Coimbatore

Sales & Business Development Department

4.0

• posted on 14 Jun 2020

3.0

for Salary and Benefits

Likes

They gave us a good supporting environment,and they really follows what they are, many companies thinks how to drop thi se employees but they are not like that.. It's not like a word it's from the heart they have a good culture...

Dislikes

Nil

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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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Sakthi Finance Collections Manager Salary FAQs

What is the salary of Collections Manager at Sakthi Finance?

Collections Manager salary at Sakthi Finance in India ranges between ₹3.9 Lakhs to ₹6.0 Lakhs for experience between 5 years to 12 years. According to our estimates it is 25% less than the average Collections Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Sakthi Finance India.

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

The average salary of a Collections Manager at Sakthi Finance is 25% 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 Sakthi Finance to a Collections Manager in India?

Toyota Financial Services Collections Manager Salary - ₹8.3 Lakhs to ₹11.1 Lakhs per year
ICICI Bank Collections Manager Salary - ₹2.5 Lakhs to ₹12.0 Lakhs per year
Axis Bank Collections Manager Salary - ₹2.6 Lakhs to ₹12.4 Lakhs per year
HDFC Bank Collections Manager Salary - ₹2.0 Lakhs to ₹11.1 Lakhs per year
ART Housing Finance (India) Collections Manager Salary - ₹4.4 Lakhs to ₹9.5 Lakhs per year

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

Tata Capital Collections Manager Salary - ₹2.5 Lakhs to ₹10.8 Lakhs per year
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 ₹9.0 Lakhs per year
Cholamandalam Investment & Finance Collections Manager Salary - ₹2.0 Lakhs to ₹9.1 Lakhs per year
KapitalTech Collections Manager Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year

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

The estimated take-home salary of a Collections Manager at Sakthi Finance ranges between ₹30,636 per month to ₹31,941 per month in India. The take-home salary calculation is based on the average Sakthi Finance Collections Manager salary in India which ranges between ₹3.9 Lakhs to ₹6.0 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Collections Manager at Sakthi Finance?

According to AmbitionBox, 33% of the Sakthi Finance Collections Managers reported a notice period of 15 days or less, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Sakthi Finance Collections Manager Salaries

Sakthi Finance Collections Manager salary in India ranges between ₹3.9 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Sakthi Finance latest salaries received from various employees of Sakthi Finance.