Spandana Sphoorty Financial Collections Executive Salaries by 4 Employees

0 - 2 years exp.

₹1.4 Lakh - ₹1.6 Lakh

Low Confidence

Avg. annual salary

Monthly In-hand Salary

41% less than the average Collections Executive Salary in NBFC Companies for 0 - 2 years of experience

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Salaries in different departments

Finance & Accounting Collections Executive Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.5 L/yr
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Sales & Business Development Collections Executive Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.5 L/yr

Last Updated: 18 Aug 2024

Companies similar to Spandana Sphoorty Financial for Collections Executive

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Collections Executive Salary 0 - 7 years exp. (404 salaries)	₹1.1 L/yr - ₹4 L/yr 53% more	2 job openings
Mahindra Finance Collections Executive Salary 0 - 9 years exp. (243 salaries)	₹1 L/yr - ₹5.2 L/yr 91% more	3 job openings
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Bajaj Finance Collections Executive Salary 0 - 7 years exp. (236 salaries)	₹1 L/yr - ₹4.5 L/yr 71% more
TVS Credit Collections Executive Salary 0 - 7 years exp. (226 salaries)	₹0.8 L/yr - ₹4.5 L/yr 55% more
Shriram Finance Collections Executive Salary 0 - 8 years exp. (169 salaries)	₹1.2 L/yr - ₹5 L/yr 78% more
L&T Finance Collections Executive Salary 0 - 10 years exp. (138 salaries)	₹1.2 L/yr - ₹4 L/yr 67% more
SMFG India Credit Collections Executive Salary 1 - 8 years exp. (71 salaries)	₹1.5 L/yr - ₹4.7 L/yr 98% more	1 job opening
Aavas Financiers Collections Executive Salary 0 - 4 years exp. (66 salaries)	₹1.1 L/yr - ₹4.2 L/yr 45% more
Mahindra Rural Housing Finance Collections Executive Salary 1 - 5 years exp. (64 salaries)	₹1.2 L/yr - ₹2.7 L/yr 34% more
Kotak Mahindra Prime Collections Executive Salary 0 - 5 years exp. (53 salaries)	₹1.8 L/yr - ₹3.1 L/yr 61% more
Sammaan Capital Limited Collections Executive Salary 0 - 6 years exp. (52 salaries)	₹2 L/yr - ₹4.1 L/yr 87% more
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Poonawalla Fincorp Collections Executive Salary 1 - 10 years exp. (48 salaries)	₹1.7 L/yr - ₹5.1 L/yr 96% more
John Deere Financial Collections Executive Salary 0 - 7 years exp. (25 salaries)	₹1.7 L/yr - ₹3.8 L/yr 83% more
SK Finance Limited Collections Executive Salary 1 - 8 years exp. (18 salaries)	₹1.3 L/yr - ₹3.8 L/yr 45% more
Capri Global Capital Collections Executive Salary 1 - 9 years exp. (17 salaries)	₹1.7 L/yr - ₹3.4 L/yr 78% more
Muthoot Finance Collections Executive Salary 1 - 4 years exp. (12 salaries)	₹1 L/yr - ₹3.1 L/yr 36% more
Satin Creditcare Network Collections Executive Salary 0 - 6 years exp. (11 salaries)	₹1.8 L/yr - ₹3 L/yr 62% more
Muthoot Fincorp Collections Executive Salary 0 - 4 years exp. (9 salaries)	₹1.5 L/yr - ₹2.8 L/yr 52% more
IIFL Finance Collections Executive Salary 0 - 7 years exp. (8 salaries)	₹1.2 L/yr - ₹3.2 L/yr 70% more
LendingKart Collections Executive Salary 4 - 7 years exp. (8 salaries)	₹2.1 L/yr - ₹3.8 L/yr 53% more

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Collections Executive salary at Spandana Sphoorty Financial ranges between ₹1.4 Lakh to ₹1.6 Lakh per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Spandana Sphoorty Financial.

Experience wise Spandana Sphoorty Financial Collections Executive salaries

Last Updated: 18 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.5 L/yr - ₹2.8 L/yr
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹2.8 L/yr
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2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹2.7 L/yr

Salary related reviews for Spandana Sphoorty Financial

2.1

Rated by 2 employees for salary & benefits

CLO in Choutuppal

Full Time

Other Department

1.0

• posted on 26 Feb 2025

1.0

for Salary and Benefits

Likes

Incentives.

Dislikes

Not attractive salary but incentives are good. Work pressure is too much it causes health issues to us. Work begins morning 6:30 am and ends 10.O clock pm. Very work torcher in this company.

Salary - Bad

+6 more

Business Development Executive in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 30 Sep 2024

1.0

for Salary and Benefits

Likes

Only Job security. Bad projects and no future prospects after working here, so they are looking for manual workers.

Dislikes

No hike, politics, unprofessional behaviour, difficult getting leaves, expected to stay late and work after officr hours

Salary - Bad

+5 more

Associate Product Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 10 Sep 2024

1.0

for Salary and Benefits

Likes

Little bit of job security as people with good knowledge and work ex leave after seeing the condition of work. They need people to stay to get the work done.

Dislikes

Primitive technology, no interest to adapt new technologies, terrible salary hike, management is only money & power hungry. Overworked people. They only take people who are desperate for jobs and make them work 24*7

Salary - Bad

+5 more

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

Regional Head in Ranchi

Full Time

Finance & Accounting Department

1.0

• posted on 01 Dec 2022

3.0

for Salary and Benefits

Likes

Worst Culture in any organisation I ever seen, focusing only deduction and cost cuttings, No Management, shift timing is pathetic, Higher Authority just putting pressure so that employee can give the resignation, don't count your efforts. Head Office member not supportive at all. 13 years of experience to join this organisation was my biggest mistake.

Dislikes

Work Life Balance Salary Deduction without information Management Shift timing Politics in organisation Worst Boss

Skill development - Bad

+4 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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Spandana Sphoorty Financial Collections Executive Salary FAQs

What is the salary of Collections Executive at Spandana Sphoorty Financial ?

The average salary of a Collections Executive at Spandana Sphoorty Financial in India typically ranges from ₹1.4 Lakhs to ₹1.6 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Collections Executive at Spandana Sphoorty Financial earn more than ₹1.5 Lakhs per year, and the top 1% earn over ₹1.5 Lakhs per year. Collections Executive Salaries at Spandana Sphoorty Financial 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 Spandana Sphoorty Financial employees in India.

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

The estimated take-home salary of a Collections Executive at Spandana Sphoorty Financial in India typically ranges from ₹10,491 to ₹11,614 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹1.6 Lakhs per year for employees with experience ranging from Fresher to 2 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 Spandana Sphoorty Financial. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Spandana Sphoorty Financial for Collections Executive in India?

SMFG India Credit	₹1.5 Lakhs to ₹4.7 Lakhs per year
Poonawalla Fincorp	₹1.7 Lakhs to ₹5.1 Lakhs per year
PNB Housing Finance	₹2.6 Lakhs to ₹3.3 Lakhs per year
Mahindra Finance	₹1.0 Lakhs to ₹5.2 Lakhs per year
Sammaan Capital Limited	₹2.0 Lakhs to ₹4.1 Lakhs per year

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

What is the salary of a Collections Executive in companies similar to Spandana Sphoorty Financial in India?

The salary of a Collections Executive at companies similar to Spandana Sphoorty Financial in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Five-Star Business Finance	₹1.8 Lakhs to ₹3.0 Lakhs per year
John Deere Financial	₹1.7 Lakhs to ₹3.8 Lakhs per year
Capri Global Capital	₹1.7 Lakhs to ₹3.4 Lakhs per year
Shriram Finance	₹1.2 Lakhs to ₹5.0 Lakhs per year
Manappuram Finance	₹1.5 Lakhs to ₹3.5 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 Executive at Spandana Sphoorty Financial in India?

The salary growth for a Collections Executive at Spandana Sphoorty Financial depends on factors such as experience, performance, and promotions. On average, a Collections Executive can expect the following growth trajectory at Spandana Sphoorty Financial:

Experience	Average Salary Range
Fresher	₹1.5 Lakhs to ₹2.8 Lakhs per year
1 year	₹1.4 Lakhs to ₹2.8 Lakhs per year
2 years	₹1.4 Lakhs to ₹2.7 Lakhs per year

and so on.

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Spandana Sphoorty Financial Collections Executive Salaries

Spandana Sphoorty Financial Collections Executive salary in India ranges between ₹1.4 Lakh to ₹1.6 Lakh 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.