Storm Financial Services Mumbai Collections Manager Salaries by 5 Employees (Updated 2024)

10 - 16 years exp.

₹3.6 Lakhs - ₹5 Lakhs

Salary of majority employees

27% less than the average Collections Manager Salary for 10 - 16 years of experience

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Last Updated: 26 Jul 2023

Companies similar to Storm Financial Services for Collections Manager in Mumbai

Storm Financial Services Collections Manager Salary

10 - 16 years exp. (5 salaries)

₹3.6 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Collections Manager Salary 0 - 9 years exp. (31 salaries)	₹2.4 L/yr - ₹7.8 L/yr 13% more
HDFC Bank Collections Manager Salary 2 - 18 years exp. (80 salaries)	₹2.9 L/yr - ₹10.5 L/yr 67% more	1 job opening
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ICICI Bank Collections Manager Salary 3 - 15 years exp. (18 salaries)	₹4.1 L/yr - ₹11 L/yr 76% more
Kotak Mahindra Bank Collections Manager Salary 3 - 15 years exp. (33 salaries)	₹3.1 L/yr - ₹9.2 L/yr 37% more
Axis Bank Collections Manager Salary 8 - 12 years exp. (5 salaries)	₹4.4 L/yr - ₹13.8 L/yr 89% more
Aditya Birla Capital Collections Manager Salary 4 - 10 years exp. (7 salaries)	₹3.1 L/yr - ₹12.2 L/yr 79% more
Sammaan Capital Limited Collections Manager Salary 3 - 11 years exp. (11 salaries)	₹2.4 L/yr - ₹5.6 L/yr 8% more
L&T Finance Collections Manager Salary 5 - 13 years exp. (12 salaries)	₹4.5 L/yr - ₹8.2 L/yr 52% more

Collections Manager salary at Storm Financial Services ranges between ₹3.6 Lakhs to ₹5 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of Storm Financial Services.

Experience wise Storm Financial Services Collections Manager salaries in Mumbai

Last Updated: 26 Jul 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
12 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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13 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
15+ years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Storm Financial Services Collections Manager Salary FAQs

What is the salary of Collections Manager at Storm Financial Services Mumbai?

Collections Manager salary at Storm Financial Services in Mumbai ranges between ₹3.6 Lakhs to ₹5.0 Lakhs for experience between 10 years to 16 years. According to our estimates it is 27% less than the average Collections Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Storm Financial Services Mumbai.

How does the salary of a Collections Manager at Storm Financial Services Mumbai compare with the average salary range for this job?

The average salary of a Collections Manager at Storm Financial Services is 27% less than the average salary of a Collections Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Storm Financial Services to a Collections Manager in Mumbai?

Axis Bank Collections Manager Salary - ₹4.4 Lakhs to ₹13.8 Lakhs per year
Aditya Birla Capital Collections Manager Salary - ₹3.1 Lakhs to ₹12.2 Lakhs per year
ICICI Bank Collections Manager Salary - ₹4.1 Lakhs to ₹11.0 Lakhs per year
HDFC Bank Collections Manager Salary - ₹2.9 Lakhs to ₹10.5 Lakhs per year
L&T Finance Collections Manager Salary - ₹4.5 Lakhs to ₹8.2 Lakhs per year

What is the salary of a Collections Manager in companies similar to Storm Financial Services in Mumbai?

Kotak Mahindra Bank Collections Manager Salary - ₹3.1 Lakhs to ₹9.2 Lakhs per year
Bajaj Finserv Collections Manager Salary - ₹2.4 Lakhs to ₹7.8 Lakhs per year
Sammaan Capital Limited Collections Manager Salary - ₹2.4 Lakhs to ₹5.6 Lakhs per year

What is the estimated take home salary of a Collections Manager at Storm Financial Services in Mumbai?

The estimated take-home salary of a Collections Manager at Storm Financial Services ranges between ₹31,459 per month to ₹32,751 per month in Mumbai. The take-home salary calculation is based on the average Storm Financial Services Collections Manager salary in India which ranges between ₹3.6 Lakhs to ₹5.0 Lakhs per year for employees with experience between 10 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Collections Manager at Storm Financial Services in Mumbai?

According to AmbitionBox, 100% of the Storm Financial Services Collections Managers in Mumbai reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Storm Financial Services Collections Manager Salaries in Mumbai

Storm Financial Services Collections Manager salary in Mumbai ranges between ₹3.6 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Storm Financial Services latest salaries received from various employees of Storm Financial Services.