SBI Cards & Payment Services Collections Manager Salaries by 100+ Employees (Updated 2025)

3 - 12 years exp.

₹3 Lakhs - ₹11 Lakhs

Salary of majority employees

19% more than the average Collections Manager Salary in Financial Services Companies for 3 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 3 - 12 years exp. (51 salaries)	₹3 L/yr - ₹10.6 L/yr
Finance & Accounting Collections Manager Salary 4 - 12 years exp. (17 salaries)	₹3 L/yr - ₹8.9 L/yr
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Customer Success, Service & Operations Collections Manager Salary 5 - 11 years exp. (10 salaries)	₹3.7 L/yr - ₹10.5 L/yr

Last Updated: 21 Mar 2025

Companies similar to SBI Cards & Payment Services for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Aadhar Housing Finance Collections Manager Salary 2 - 10 years exp. (30 salaries)	₹3 L/yr - ₹5.8 L/yr 37% less
Vastu Housing Finance Collections Manager Salary 3 - 8 years exp. (15 salaries)	₹3 L/yr - ₹7 L/yr 34% less
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Axis Direct Collections Manager Salary 4 - 9 years exp. (7 salaries)	₹2.6 L/yr - ₹5.5 L/yr 48% less
ICICI Home Finance Collections Manager Salary 6 - 10 years exp. (6 salaries)	₹3 L/yr - ₹4 L/yr 47% less
Synchrony Collections Manager Salary 3 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹10.1 L/yr 6% more
Shriram Chits Collections Manager Salary 4 - 9 years exp. (4 salaries)	₹1.5 L/yr - ₹1.7 L/yr 77% less

Collections Manager salary at SBI Cards & Payment Services ranges between ₹3 Lakhs to ₹11 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 105 latest salaries received from various employees of SBI Cards & Payment Services.

Experience wise SBI Cards & Payment Services Collections Manager salaries

Last Updated: 21 Mar 2025

Experience	Avg Annual Salary
3 years (9 salaries)	₹3 L/yr - ₹6.4 L/yr
4 years (12 salaries)	₹3.4 L/yr - ₹8.5 L/yr
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5 years (14 salaries)	₹3.5 L/yr - ₹10.5 L/yr
6 years (12 salaries)	₹3 L/yr - ₹6.4 L/yr
7 years (13 salaries)	₹3.1 L/yr - ₹8.9 L/yr
8 years (8 salaries)	₹3.5 L/yr - ₹8 L/yr
9 years (10 salaries)	₹3.4 L/yr - ₹10 L/yr
10 years (8 salaries)	₹4.6 L/yr - ₹11.5 L/yr
11 years (9 salaries)	₹6.1 L/yr - ₹10.5 L/yr
12 years (10 salaries)	₹4.2 L/yr - ₹13 L/yr

View all

Similar Designation salaries in SBI Cards & Payment Services

Collection Officer Salary

(7 salaries)

₹1.8 L/yr - ₹3.7 L/yr

Area Collection Manager Salary

(87 salaries)

₹3.05 L/yr - ₹10.08 L/yr

Zonal Collection Manager Salary

(5 salaries)

₹23 L/yr - ₹26.9 L/yr

Collection Associate Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Branch Collection Manager Salary

(AmbitionBox Estimate)

₹0.5 L/yr - ₹0.6 L/yr

Cluster Manager Salary

(3 salaries)

₹10.5 L/yr - ₹16 L/yr

Relationship Manager Salary

(234 salaries)

₹2.4 L/yr - ₹7 L/yr

Recovery Manager Salary

(7 salaries)

₹9.6 L/yr - ₹13.25 L/yr

Debt Manager Salary

(4 salaries)

₹9 L/yr - ₹9.9 L/yr

Branch Manager Salary

(5 salaries)

₹3 L/yr - ₹4 L/yr

Top skills at SBI Cards & Payment Services for Collections Manager

Performance Management Compliance Auditing Interpersonal Skills Succession Planning Conflict Management Team Management Forecasting Cost Customer Satisfaction Due Diligence Billing Analytical skills Portfolio Management Business Planning

Salary related reviews for SBI Cards & Payment Services

3.5

Rated by 31 employees for salary & benefits

Collections Manager in Kolkata

Full Time

Other Department

1.0

• posted on 29 May 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Pure lala company upper management collection head stay around 20 years huge salary not doing any thing company now at bad time forcing to paper down if you not oiling them worst pool for collection abusing in conference call hr doing nothing ceo changes after 3years enjoying there life for 3years Monday to Sunday no holiday

Salary - Bad

+6 more

Relationship Manager in Borivali West

Full Time

Credit Card Sales Department

1.0

• posted on 08 Dec 2022

1.0

for Salary and Benefits

Likes

No rules Asm ka jo man krta hai wahi yaha hota plz koi job mt krna

Dislikes

...b mt krna 3rd party payroll pe ye log join krwa lete hai 14-15 work krwate hai Koi bhi government holiday nhi dete hai asm aiyasi krta hai salary time pe nhi milta mailta hai jo cut kr k deta hai asm absent mark kr deta hai

Salary - Bad

+6 more

Sales Executive in Odisha

Innov pvt ltd Department

5.0

• posted on 07 Feb 2022

5.0

for Salary and Benefits

Likes

...ork environment and culture. There is a huge cafeterria and gaming for chilling. Company policy are good, appraisals are fair and they give salary hike and bonus every year. But this process not available because complete soon but ni hike salary no bunus so

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't adress our issues salary is decent but career growth is zero.

Sales Executive in Ernakulam

Credit Card Sales Department

1.0

• posted on 26 Feb 2022

1.0

for Salary and Benefits

Likes

The worst company ever.. and they are fraud they are cheating the candidates in the name of salary fraud there is no job security no benefits ntng

Dislikes

No salary they are cheated in the name of package and there is no attendance they are fraud

Salary - Bad

+6 more

Team Lead in Jabalpur

Finance & Accounting Department

5.0

• posted on 20 Jul 2019

1.0

for Salary and Benefits

Likes

I do not feel like a job secured in this company because it is a third party pay roll pay. I have to go to the roll

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

Salary - Bad

+5 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SBI Cards & Payment Services Collections Manager Salary FAQs

What is the salary of Collections Manager at SBI Cards & Payment Services ?

The average salary of a Collections Manager at SBI Cards & Payment Services in India typically ranges from ₹3.0 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Collections Manager at SBI Cards & Payment Services earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹12.2 Lakhs per year. Collections Manager Salaries at SBI Cards & Payment Services 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 100+ SBI Cards & Payment Services employees in India.

What is the estimated take home salary of a Collections Manager at SBI Cards & Payment Services in India?

The estimated take-home salary of a Collections Manager at SBI Cards & Payment Services in India typically ranges from ₹50,980 to ₹52,182 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 3 years to 12 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 100+ salaries received from various employees of SBI Cards & Payment Services. 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 SBI Cards & Payment Services ?

To be a Collections Manager at SBI Cards & Payment Services in india, the key skills required include:

- Performance Management
- Compliance
- Auditing
- Interpersonal Skills
- Succession Planning

These skills are highly valued at SBI Cards & Payment Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than SBI Cards & Payment Services for Collections Manager in India?

Synchrony

₹4.5 Lakhs to ₹10.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Cards & Payment Services, depending on the role and experience level.

What is the salary of a Collections Manager in companies similar to SBI Cards & Payment Services in India?

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

Vastu Housing Finance	₹3.0 Lakhs to ₹7.0 Lakhs per year
Aadhar Housing Finance	₹3.0 Lakhs to ₹5.8 Lakhs per year
ICICI Home Finance	₹3.0 Lakhs to ₹4.0 Lakhs per year
Axis Direct	₹2.6 Lakhs to ₹5.5 Lakhs per year
Shriram Chits	₹1.5 Lakhs to ₹1.7 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 SBI Cards & Payment Services in India?

The salary growth for a Collections Manager at SBI Cards & Payment Services depends on factors such as experience, performance, and promotions. On average, a Collections Manager can expect the following growth trajectory at SBI Cards & Payment Services:

Experience	Average Salary Range
3 years	₹3.0 Lakhs to ₹6.4 Lakhs per year
4 years	₹3.4 Lakhs to ₹8.5 Lakhs per year
5 years	₹3.5 Lakhs to ₹10.5 Lakhs per year
6 years	₹3.0 Lakhs to ₹6.4 Lakhs per year

and so on.

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SBI Cards & Payment Services Collections Manager Salaries by Location

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SBI Cards & Payment Services Collections Manager Salaries

SBI Cards & Payment Services Collections Manager salary in India ranges between ₹3 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 105 SBI Cards & Payment Services latest salaries received from various employees of SBI Cards & Payment Services.

SBI Cards & Payment Services Collections Manager salaries in India (Updated 2025)

Companies similar to SBI Cards & Payment Services for Collections Manager

Latest annual salaries shared by SBI Cards & Payment Services Collections Manager

Experience wise SBI Cards & Payment Services Collections Manager salaries

Similar Designation salaries in SBI Cards & Payment Services

Top skills at SBI Cards & Payment Services for Collections Manager

Salary related reviews for SBI Cards & Payment Services

Collections Manager in Kolkata

Relationship Manager in Borivali West

Sales Executive in Odisha

Sales Executive in Ernakulam

Team Lead in Jabalpur

SBI Cards & Payment Services Collections Manager Salary FAQs

Tell us how to improve this page.

SBI Cards & Payment Services Collections Manager Salaries by Location