Spandana Sphoorty Financial Collection Associate Salaries by 4 Employees (Updated 2025)

1 - 3 years exp.

₹2.1 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

14% less than the average Collection Associate Salary in NBFC Companies for 1 - 3 years of experience

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Salaries in different departments

Finance & Accounting Collection Associate Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
BFSI, Investments & Trading Collection Associate Salary 1 year exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.3 L/yr
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Marketing & Communication Collection Associate Salary 2 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 22 Nov 2023

Companies similar to Spandana Sphoorty Financial for Collection Associate

Company name	Avg Annual Salary	Open Jobs
AU Small Finance Bank Collection Associate Salary 2 - 8 years exp. (4 salaries)	₹1.8 L/yr - ₹5 L/yr 7% more
Cholamandalam Investment & Finance Collection Associate Salary 1 - 4 years exp. (5 salaries)	₹1.8 L/yr - ₹2.8 L/yr 17% less
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Mahindra Finance Collection Associate Salary 0 - 7 years exp. (13 salaries)	₹2.2 L/yr - ₹3.5 L/yr 4% less
IIFL Finance Collection Associate Salary 4 - 16 years exp. (4 salaries)	₹2.5 L/yr - ₹3.9 L/yr 25% more
PNB Housing Finance Collection Associate Salary 4 - 10 years exp. (4 salaries)	₹3 L/yr - ₹3.4 L/yr 23% more
TVS Credit Collection Associate Salary 2 - 5 years exp. (4 salaries)	₹1.2 L/yr - ₹3.2 L/yr 28% less
Shriram Finance Collection Associate Salary 4 - 6 years exp. (4 salaries)	₹2 L/yr - ₹4.1 L/yr 22% more
L&T Finance Collection Associate Salary 3 - 11 years exp. (4 salaries)	₹1.9 L/yr - ₹4.8 L/yr 4% more
Kotak Mahindra Prime Collection Associate Salary 4 - 9 years exp. (3 salaries)	₹2.3 L/yr - ₹2.9 L/yr 4% more
Mahindra Rural Housing Finance Collection Associate Salary 2 - 6 years exp. (3 salaries)	₹1.6 L/yr - ₹2.4 L/yr 22% less

Collection Associate salary at Spandana Sphoorty Financial ranges between ₹2.1 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Spandana Sphoorty Financial.

Experience wise Spandana Sphoorty Financial Collection Associate salaries

Last Updated: 22 Nov 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.1 L/yr
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.5 L/yr
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3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr

Similar Designation salaries in Spandana Sphoorty Financial

Senior Associate Salary

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₹2 L/yr - ₹4.21 L/yr

Collection Officer Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Process Associate Salary

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₹1.5 L/yr - ₹2.5 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Financial Analyst Salary

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₹1.4 L/yr - ₹1.7 L/yr

Relationship Manager Salary

(5 salaries)

₹1.8 L/yr - ₹3.2 L/yr

Sales Executive Salary

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₹1.5 L/yr - ₹4.32 L/yr

Relationship Officer Salary

(4 salaries)

₹1.5 L/yr - ₹2.4 L/yr

Sales Officer Salary

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₹1.1 L/yr - ₹2.75 L/yr

Sales Manager Salary

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₹2.4 L/yr - ₹5 L/yr

Salary related reviews for Spandana Sphoorty Financial

Accountant in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

5.0

• posted on 20 Oct 2023

3.0

for Salary and Benefits

Likes

I am proud to feel worked on spandana

Skill development - Excellent

+4 more

Dislikes

I worked in spandana 5.8 years but my salary with variable 3.2 lak per anum in my side give small suggestion for management please think about old employees for salaries hike so many employees completed in spandana 4 or 5 years but salaries 3 to 3.5 lak per anum they didn't get any holes and pramotion for that senior employees in freshers giving 3 laks above in that freshers don't have any experience but giving salaries 3 lakhs above what is the difference about experienced employees and freshers both are getting same salaries I am requesting think about senior employees

Branch Manager in Hyderabad / Secunderabad

Customer Success, Service & Operations Department

1.0

• posted on 05 Mar 2021

1.0

for Salary and Benefits

Likes

If you hate your family join spandana sphoorty, No family No week off, only begging infornt of borrowers houses. You can enjoy 24/7 beeging shiftm.... Very wonderfull to work with senior management ... They treat you like a begger infornt of temple... One and only worst never ever after company...

Dislikes

They give you salary like throwing biscuits to dog that too half biscuit....

Salary - Bad

+6 more

Branch Manager

Customer Success, Service & Operations Department

5.0

• posted on 26 Nov 2019

5.0

for Salary and Benefits

Likes

There is salary and appraisal are done with comfortable and learning some trick to crack the any uncomfortable situation.how to over come from pressure.

Salary - Excellent

+5 more

Dislikes

growth slow work pressure hihg i have worked 12-14 hours

Branch Manager in Katol

Finance & Accounting Department

5.0

• posted on 01 Aug 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Senior Analyst in Hyderabad / Secunderabad

Data Science & Analytics Department

1.0

• posted on 20 Jul 2018

2.0

for Salary and Benefits

Likes

Growth Opportunities

Dislikes

...b security, TOP management involvement in work of bottom of the pyramid staff, salaries are not paid on time, pathetic work environment

Salary - Poor

+4 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Spandana Sphoorty Financial Collection Associate Salary FAQs

What is the salary of Collection Associate at Spandana Sphoorty Financial?

Collection Associate salary at Spandana Sphoorty Financial in India ranges between ₹2.1 Lakhs to ₹3.5 Lakhs for experience between 1 years to 3 years. According to our estimates it is 14% less than the average Collection Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Spandana Sphoorty Financial India.

How does the salary of a Collection Associate at Spandana Sphoorty Financial India compare with the average salary range for this job?

The average salary of a Collection Associate at Spandana Sphoorty Financial is 14% less than the average salary of a Collection Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Spandana Sphoorty Financial to a Collection Associate in India?

IIFL Finance Collection Associate Salary - ₹2.5 Lakhs to ₹3.9 Lakhs per year
PNB Housing Finance Collection Associate Salary - ₹3.0 Lakhs to ₹3.4 Lakhs per year
Shriram Finance Collection Associate Salary - ₹2.0 Lakhs to ₹4.1 Lakhs per year
AU Small Finance Bank Collection Associate Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year
L&T Finance Collection Associate Salary - ₹1.9 Lakhs to ₹4.8 Lakhs per year

What is the salary of a Collection Associate in companies similar to Spandana Sphoorty Financial in India?

Kotak Mahindra Prime Collection Associate Salary - ₹2.3 Lakhs to ₹2.9 Lakhs per year
Mahindra Finance Collection Associate Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year
Cholamandalam Investment & Finance Collection Associate Salary - ₹1.8 Lakhs to ₹2.8 Lakhs per year
Mahindra Rural Housing Finance Collection Associate Salary - ₹1.6 Lakhs to ₹2.4 Lakhs per year
TVS Credit Collection Associate Salary - ₹1.2 Lakhs to ₹3.2 Lakhs per year

What is the estimated take home salary of a Collection Associate at Spandana Sphoorty Financial in India?

The estimated take-home salary of a Collection Associate at Spandana Sphoorty Financial ranges between ₹18,699 per month to ₹20,382 per month in India. The take-home salary calculation is based on the average Spandana Sphoorty Financial Collection Associate salary in India which ranges between ₹2.1 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Collection Associate at Spandana Sphoorty Financial?

According to AmbitionBox, 50% of the Spandana Sphoorty Financial Collection Associates reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Spandana Sphoorty Financial Collection Associate Salaries

Spandana Sphoorty Financial Collection Associate salary in India ranges between ₹2.1 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.