Suco Souharda Sahakari Bank Collection Officer Salaries by 4 Employees

1 - 15 years exp.

₹2.4 Lakhs - ₹3.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

10% more than the average Collection Officer Salary in Financial Services Companies for 1 - 15 years of experience

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Last Updated: 1 Aug 2024

Companies similar to Suco Souharda Sahakari Bank for Collection Officer

Company name	Avg Annual Salary	Open Jobs
Indusind Marketing & Financial Services Collection Officer Salary 2 - 7 years exp. (12 salaries)	₹1.8 L/yr - ₹3.2 L/yr 17% less
OSB India Collection Officer Salary 0 - 7 years exp. (7 salaries)	₹5 L/yr - ₹7.3 L/yr 94% more
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VGM Consultants Collection Officer Salary 1 - 5 years exp. (5 salaries)	₹1.6 L/yr - ₹2.8 L/yr 9% less
Orange Retail Finance Collection Officer Salary 3 - 7 years exp. (5 salaries)	₹2.1 L/yr - ₹2.5 L/yr 25% less
Hero Housing Finance Collection Officer Salary 4 - 8 years exp. (4 salaries)	₹3.1 L/yr - ₹3.7 L/yr 15% more
HDFC Credila Financial Services Collection Officer Salary 1 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹3 L/yr 12% less

Collection Officer salary at Suco Souharda Sahakari Bank ranges between ₹2.4 Lakhs to ₹3.9 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Suco Souharda Sahakari Bank.

Experience wise Suco Souharda Sahakari Bank Collection Officer salaries

Last Updated: 1 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
13 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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14 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
15+ years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr

Similar Designation salaries in Suco Souharda Sahakari Bank

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Recovery Officer Salary

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Officer Salary

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Computer Operator Salary

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Sales Executive Salary

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Branch Manager Salary

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₹2.2 L/yr - ₹6.06 L/yr

Back Office Executive Salary

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₹1.1 L/yr - ₹1.4 L/yr

Salary related reviews for Suco Souharda Sahakari Bank

Junior Officer

Other Department

1.0

• posted on 26 Oct 2018

1.0

for Salary and Benefits

Likes

It's like a training centre, there is no any future growth for an employee, unless we can learn the things about what is banking.. lot of politics with partiality, they openely says don't ask about salary upgradation, it's like work hard and take your coolie..

Dislikes

There is gud working environment, sometime some persons mis use Thier disignation, like attitude of senioritism, over time duty,raised 600₹ inciment after 2 years.. no proper management, finally I don't have job satisfaction..not only to me, most of the employees facing this,

Salary - Bad

+6 more

Banker in Raichur

Cash credit front office management back office management Cross sales ... Department

3.0

• posted on 28 Aug 2017

1.0

for Salary and Benefits

Likes

SUCO souharda sahakari Bank Ltd is called Suco Bank Ltd one of the no one co operative Bank in Hyderabad Karnataka and iso 9001certified company and 28 branches in 10 district.

Dislikes

Salary satisfaction and no growth in employee life

Salary - Bad

+3 more

see more salary related reviews

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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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Suco Souharda Sahakari Bank Collection Officer Salary FAQs

What is the salary of Collection Officer at Suco Souharda Sahakari Bank ?

The average salary of a Collection Officer at Suco Souharda Sahakari Bank in India typically ranges from ₹2.4 Lakhs to ₹3.9 Lakhs per year, depending on experience (from 1 year to 15 years).

The top 10% of Collection Officer at Suco Souharda Sahakari Bank earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹3.9 Lakhs per year. Collection Officer Salaries at Suco Souharda Sahakari Bank 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 Suco Souharda Sahakari Bank employees in India.

What is the estimated take home salary of a Collection Officer at Suco Souharda Sahakari Bank in India?

The estimated take-home salary of a Collection Officer at Suco Souharda Sahakari Bank in India typically ranges from ₹21,498 to ₹23,139 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.9 Lakhs per year for employees with experience ranging from 1 year to 15 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 Suco Souharda Sahakari Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Suco Souharda Sahakari Bank for Collection Officer in India?

OSB India	₹5.0 Lakhs to ₹7.3 Lakhs per year
Hero Housing Finance	₹3.1 Lakhs to ₹3.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Suco Souharda Sahakari Bank, depending on the role and experience level.

What is the salary of a Collection Officer in companies similar to Suco Souharda Sahakari Bank in India?

The salary of a Collection Officer at companies similar to Suco Souharda Sahakari Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

VGM Consultants	₹1.6 Lakhs to ₹2.8 Lakhs per year
HDFC Credila Financial Services	₹2.4 Lakhs to ₹3.0 Lakhs per year
Indusind Marketing & Financial Services	₹1.8 Lakhs to ₹3.2 Lakhs per year
Orange Retail Finance	₹2.1 Lakhs to ₹2.5 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 Collection Officer at Suco Souharda Sahakari Bank in India?

The salary growth for a Collection Officer at Suco Souharda Sahakari Bank depends on factors such as experience, performance, and promotions. On average, a Collection Officer can expect the following growth trajectory at Suco Souharda Sahakari Bank:

Experience	Average Salary Range
1 year	₹2.4 Lakhs to ₹3.1 Lakhs per year
13 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
14 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
15 years	₹3.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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Suco Souharda Sahakari Bank Collection Officer Salaries

Suco Souharda Sahakari Bank Collection Officer salary in India ranges between ₹2.4 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Suco Souharda Sahakari Bank latest salaries received from various employees of Suco Souharda Sahakari Bank.