Shriram Finance Collection Associate Salaries by 4 Employees

4 - 6 years exp.

₹2 Lakhs - ₹4.1 Lakhs

Low Confidence

Salary of majority employees

Fixed (9%)

₹0.3 Lakh

Variable (91%)

₹2.9 Lakhs

At par with the average Collection Associate Salary in NBFC Companies for 4 - 6 years of experience

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Last Updated: 23 Jan 2024

Companies similar to Shriram Finance for Collection Associate

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Collection Associate Salary 0 - 12 years exp. (340 salaries)	₹1.7 L/yr - ₹4.7 L/yr 2% less	5 job openings
Mahindra Finance Collection Associate Salary 0 - 7 years exp. (13 salaries)	₹2.2 L/yr - ₹3.5 L/yr 18% less
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IIFL Finance Collection Associate Salary 4 - 16 years exp. (4 salaries)	₹2.5 L/yr - ₹3.9 L/yr 3% more
PNB Housing Finance Collection Associate Salary 4 - 10 years exp. (4 salaries)	₹3 L/yr - ₹3.4 L/yr 1% more
Spandana Sphoorty Financial Collection Associate Salary 1 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹3.5 L/yr 18% less
TVS Credit Collection Associate Salary 2 - 5 years exp. (4 salaries)	₹1.2 L/yr - ₹3.2 L/yr 41% less
L&T Finance Collection Associate Salary 3 - 11 years exp. (4 salaries)	₹1.9 L/yr - ₹4.8 L/yr 14% less
Mahindra Rural Housing Finance Collection Associate Salary 2 - 7 years exp. (3 salaries)	₹1.6 L/yr - ₹2.4 L/yr 36% less

Collection Associate salary at Shriram Finance ranges between ₹2 Lakhs to ₹4.1 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram Finance.

Experience wise Shriram Finance Collection Associate salaries

Last Updated: 23 Jan 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.5 L/yr
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6 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4.1 L/yr

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Salary related reviews for Shriram Finance

Relationship Executive in Purulia

Full Time

Marketing & Communication Department

1.0

• posted on 26 Sep 2024

2.0

for Salary and Benefits

Likes

Salary on time

Dislikes

Our branch only did politics with new joining. Our branch manner and BTL did politics with me and hold the my NOC certificate due to not surf the notice period but i am eager to surf the notice period but my manager didn't gave the chance and fired me without any reason and hold my NOC certificate and also get penalty....

Salary - Poor

+6 more

Deputy Manager in Nagpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 23 Jul 2023

4.0

for Salary and Benefits

Likes

Best Working culture, seniors very supportive, friendly, lots of learning, we get a chance to explore ourself, lots of opportunities for learning new things. Equal treatment. Treating as one family.

Salary - Good

+6 more

Dislikes

...nough per year but salary increment is poor. it does not meet our requirements . Salary hike very low.

Senior Accounts Executive in Nagpur

Full Time

Finance & Accounting Department

5.0

• posted on 06 Oct 2023

1.0

for Salary and Benefits

Likes

Good for that people who is allready settled, they want to job just for nominally, bcg Salary structure is too pure. Promotion is too pure here is only polytics.. but company is wonderful stability job.. who work here he knows wervell.

Job security - Excellent

+1 more

Dislikes

Salary and pramotion bad

Salary - Bad

+3 more

Branch Manager in Kanpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Jul 2023

3.0

for Salary and Benefits

Likes

I am working here last 2 yrs as a Branch manager in life insurance, job security for a long time for good candidates.. Work-life balance and earning so much in life insurance and FD targets.

Job security - Good

+4 more

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Salary package short on BM profile

Branch Manager in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

2.0

• posted on 28 May 2023

3.0

for Salary and Benefits

Likes

Company norms, policies and insensitive structure very good.

Company culture - Excellent

Dislikes

Low salary, torcher, no growth, any movement position downfall, no office timings, no holidays ( holidays only formalities purpose, including Sunday also) Some supiriors worst behaviour & mentality, no job guarantee.

Job security - Poor

+1 more

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Shriram Finance Collection Associate Salary FAQs

What is the salary of Collection Associate at Shriram Finance ?

The average salary of a Collection Associate at Shriram Finance in India typically ranges from ₹2.0 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Collection Associate at Shriram Finance earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Collection Associate Salaries at Shriram 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 4 Shriram Finance employees in India.

What is the estimated take home salary of a Collection Associate at Shriram Finance in India?

The estimated take-home salary of a Collection Associate at Shriram Finance in India typically ranges from ₹23,324 to ₹24,788 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 4 years to 6 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 4 salaries received from various employees of Shriram Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shriram Finance for Collection Associate in India?

IIFL Finance	₹2.5 Lakhs to ₹3.9 Lakhs per year
PNB Housing Finance	₹3.0 Lakhs to ₹3.4 Lakhs per year

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

What is the salary of a Collection Associate in companies similar to Shriram Finance in India?

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

HDB Financial Services	₹1.7 Lakhs to ₹4.7 Lakhs per year
L&T Finance	₹1.9 Lakhs to ₹4.8 Lakhs per year
Spandana Sphoorty Financial	₹2.1 Lakhs to ₹3.5 Lakhs per year
Mahindra Finance	₹2.2 Lakhs to ₹3.5 Lakhs per year
Mahindra Rural Housing Finance	₹1.6 Lakhs to ₹2.4 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 Collection Associate at Shriram Finance in India?

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

Experience	Average Salary Range
4 years	₹1.3 Lakhs to ₹3.5 Lakhs per year
5 years	₹2.0 Lakhs to ₹3.5 Lakhs per year
6 years	₹1.3 Lakhs to ₹4.1 Lakhs per year

and so on.

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Shriram Finance Collection Associate Salaries

Shriram Finance Collection Associate salary in India ranges between ₹2 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shriram Finance latest salaries received from various employees of Shriram Finance.