Shriram Finance Mumbai Collections Manager Salaries by 6 Employees (Updated 2025)

5 - 10 years exp.

₹3.9 Lakhs - ₹4.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

27% less than the average Collections Manager Salary in NBFC Companies for 5 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 5 - 10 years exp. (4 salaries)	₹3.9 L/yr - ₹4.9 L/yr
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Customer Success, Service & Operations Collections Manager Salary 8 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹4.7 L/yr

Last Updated: 25 Feb 2025

Companies similar to Shriram Finance for Collections Manager in Mumbai

Shriram Finance Collections Manager Salary

5 - 10 years exp. (6 salaries)

₹3.9 L/yr - ₹4.9 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Collections Manager Salary 2 - 17 years exp. (26 salaries)	₹3.5 L/yr - ₹8 L/yr 57% more	6 job openings
L&T Finance Collections Manager Salary 5 - 13 years exp. (13 salaries)	₹4.5 L/yr - ₹8.5 L/yr 59% more
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Kotak Mahindra Prime Collections Manager Salary 3 - 10 years exp. (12 salaries)	₹2.3 L/yr - ₹5.9 L/yr 5% more
Sammaan Capital Limited Collections Manager Salary 4 - 11 years exp. (10 salaries)	₹2.4 L/yr - ₹5.6 L/yr 12% more
IIFL Finance Collections Manager Salary 7 - 10 years exp. (6 salaries)	₹4.4 L/yr - ₹6.5 L/yr 44% more
Tata Capital Housing Finance Collections Manager Salary 6 - 15 years exp. (3 salaries)	₹8 L/yr - ₹9 L/yr 96% more

Collections Manager salary at Shriram Finance ranges between ₹3.9 Lakhs to ₹4.9 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Shriram Finance.

Experience wise Shriram Finance Collections Manager salaries in Mumbai

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
10 years (3 salaries)	₹3.9 L/yr - ₹8.4 L/yr

View all

From

Collections Manager

₹

Lakhs/yr

2 - 10 years exp.

Regional Product Manager

₹

Lakhs/yr

5 - 11 years exp.

Collections Manager

2 - 10 years exp.

Branch Manager

2 - 14 years exp.

26% hike

Senior Branch Manager

11 - 18 years exp.

46% hike

From

View 1 more level

Collections Manager

2 - 10 years exp.

Regional Collection Manager

5 - 18 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Shriram Finance

Collection Officer Salary

(5 salaries)

₹2.15 L/yr - ₹3.5 L/yr

Relationship Manager Salary

(3 salaries)

₹2.15 L/yr - ₹5.25 L/yr

Branch Collection Manager Salary

(3 salaries)

₹3.5 L/yr - ₹6 L/yr

Collection Associate Salary

(3 salaries)

₹3.5 L/yr - ₹4.1 L/yr

Salary related reviews for Shriram Finance

5.0

Rated by 2 employees for salary & benefits

Collections Manager in Virudhunagar

Production, Manufacturing & Engineering Department

4.0

• posted on 20 Mar 2022

5.0

for Salary and Benefits

Likes

Company policies are good, salary hike is for every 2 years and bonus every year, job security is good.

Salary - Excellent

+5 more

Dislikes

...doesn't address our issues,they give incentives but negative is they adjust the Minimum granteed incentive credited in salary..

Collections Manager in Sarjapur

Finance & Accounting Department

5.0

• posted on 26 Oct 2020

5.0

for Salary and Benefits

Likes

...ronment and culture team mates are supporting and the management is transparent. There is a huge cafeteria and gaming arcade for chilling company policy are good and the give good salary hike and bonus every year over all is excellent

Salary - Excellent

+4 more

Dislikes

There is a lot of politics and the management doesn't address. only bucket people is growth but hard work people is more safar ofter regained other company joined

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

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Top trending discussions

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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 Collections Manager Salary FAQs

What is the salary of Collections Manager at Shriram Finance in Mumbai?

The average salary of a Collections Manager at Shriram Finance in Mumbai typically ranges from ₹3.9 Lakhs to ₹4.9 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Collections Manager in Mumbai at Shriram Finance earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.9 Lakhs per year. Collections Manager 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 6 Shriram Finance employees in India.

What is the estimated take home salary of a Collections Manager at Shriram Finance in Mumbai?

The estimated take-home salary of a Collections Manager at Shriram Finance in Mumbai typically ranges from ₹31,098 to ₹32,395 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹4.9 Lakhs per year for employees with experience ranging from 5 years to 10 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 6 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 Collections Manager in India?

Tata Capital Housing Finance	₹8.0 Lakhs to ₹9.0 Lakhs per year
L&T Finance	₹4.5 Lakhs to ₹8.5 Lakhs per year
HDB Financial Services	₹3.5 Lakhs to ₹8.0 Lakhs per year
IIFL Finance	₹4.4 Lakhs to ₹6.5 Lakhs per year
Sammaan Capital Limited	₹2.4 Lakhs to ₹5.6 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 Collections Manager in companies similar to Shriram Finance in Mumbai?

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

Kotak Mahindra Prime

₹2.3 Lakhs to ₹5.9 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 Shriram Finance in Mumbai?

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

Experience	Average Salary Range
5 years	₹3.7 Lakhs to ₹4.7 Lakhs per year
6 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
7 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
8 years	₹4.0 Lakhs to ₹5.1 Lakhs per year

and so on.

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Shriram Finance Collections Manager Salaries in Mumbai

Shriram Finance Collections Manager salary in Mumbai ranges between ₹3.9 Lakhs to ₹4.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Shriram Finance latest salaries received from various employees of Shriram Finance.