Shriram Finance Chennai Collection Officer Salaries by 4 Employees

2 - 4 years exp.

₹2.5 Lakhs - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

21% more than the average Collection Officer Salary in NBFC Companies for 2 - 4 years of experience

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Last Updated: 4 Jul 2024

Companies similar to Shriram Finance for Collection Officer in Chennai

Shriram Finance Collection Officer Salary

2 - 4 years exp. (4 salaries)

₹2.5 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Collection Officer Salary 0 - 6 years exp. (30 salaries)	₹1.2 L/yr - ₹3.8 L/yr 34% less	2 job openings
Indostar Capital Finance Collection Officer Salary 7 - 8 years exp. (3 salaries)	₹1.5 L/yr - ₹3.4 L/yr 21% less
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TVS Credit Collection Officer Salary 5 - 6 years exp. (3 salaries)	₹3 L/yr - ₹4.6 L/yr 25% more
HDFC Bank Collection Officer Salary 0 - 6 years exp. (29 salaries)	₹1.5 L/yr - ₹4 L/yr 22% less
Jana Small Finance Bank Collection Officer Salary 1 - 5 years exp. (12 salaries)	₹1.5 L/yr - ₹3.4 L/yr 24% less

Collection Officer salary at Shriram Finance ranges between ₹2.5 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram Finance.

Experience wise Shriram Finance Collection Officer salaries in Chennai

Last Updated: 4 Jul 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
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4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr

Similar Designation salaries in Shriram Finance

Collections Manager Salary

(15 salaries)

₹2.2 L/yr - ₹6 L/yr

Recovery Officer Salary

(7 salaries)

₹1.25 L/yr - ₹2.45 L/yr

Relationship Officer Salary

(6 salaries)

₹2 L/yr - ₹2.55 L/yr

Field Officer Salary

(6 salaries)

₹1.5 L/yr - ₹3 L/yr

Officer Salary

(5 salaries)

₹1.7 L/yr - ₹2.97 L/yr

Salary related reviews for Shriram Finance

5.0

Rated by 1 employees for salary & benefits

Branch Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

1.0

• posted on 17 Feb 2025

1.0

for Salary and Benefits

Likes

...will safe gaurd his Relatives. With out intimation will mark Attendance Absent. And will deduct salary for Employees in Hyderabad Region. Use and Throw, Culture. Will not give confirmation to sales Team Handling life insurance sector Division.

Dislikes

...ers. Asking repeatedly documents. Unknowingly They will mark Absent Attendance. And will deduct salary. To Sales Team. They will enjoy the psychoisam by doing all those activity. Fraud Management Cheating Agents Customers. Full of family relationship Employees, only They will grow. Remaining how much you work also no recognition. No career. No company support To Sales team at HYDERABAD Region only politics. Consuming Alchohol and will come to Office and Meetings Fraud Management They are looting Company money by claiming fake bills. And will not work. Simply will spoil Employees career. You should not ask and raise question on those things, They will target you and mark Attendance Absent. And will give false report to Management. State Head will come to office by consuming Alchohol and for Meeting Dail. He is close relative of South Head. Fraud guy simply taking salary Sitting at home.

Salary - Bad

+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.

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

Dislikes

Salary package short on BM profile

Customer Service Executive in Thiruvallur

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 14 Feb 2023

3.0

for Salary and Benefits

Likes

Full time system user, learn computer skills and mailing more response in documents etc...

Skill development - Good

+3 more

Dislikes

Salary is very to comparing other similar company's and work time is worst (doesn't following the time they mentioned)

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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Salary Discussions, Hike & Promotions

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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Shriram Finance Collection Officer Salary FAQs

What is the salary of Collection Officer at Shriram Finance in Chennai?

The average salary of a Collection Officer at Shriram Finance in Chennai typically ranges from ₹2.5 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Collection Officer in Chennai at Shriram Finance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Collection Officer 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 Officer at Shriram Finance in Chennai?

The estimated take-home salary of a Collection Officer at Shriram Finance in Chennai typically ranges from ₹23,967 to ₹25,421 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 2 years to 4 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 Officer in India?

TVS Credit

₹3.0 Lakhs to ₹4.6 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 Officer in companies similar to Shriram Finance in Chennai?

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

Indostar Capital Finance	₹1.5 Lakhs to ₹3.4 Lakhs per year
HDFC Bank	₹1.5 Lakhs to ₹4.0 Lakhs per year
Jana Small Finance Bank	₹1.5 Lakhs to ₹3.4 Lakhs per year
HDB Financial Services	₹1.2 Lakhs to ₹3.8 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 Officer at Shriram Finance in Chennai?

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

Experience	Average Salary Range
2 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
3 years	₹2.8 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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Shriram Finance Collection Officer Salaries in Chennai

Shriram Finance Collection Officer salary in Chennai ranges between ₹2.5 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shriram Finance latest salaries received from various employees of Shriram Finance.