Synchrony Collection Associate Salaries by 5 Employees (Updated 2025)

0 - 2 years exp.

₹4 Lakhs - ₹4.9 Lakhs

Low Confidence

Salary of majority employees

36% more than the average Collection Associate Salary in Financial Services Companies for 0 - 2 years of experience

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Last Updated: 28 Feb 2025

Companies similar to Synchrony for Collection Associate

Company name	Avg Annual Salary	Open Jobs
HSBC Group Collection Associate Salary 2 - 5 years exp. (6 salaries)	₹2.1 L/yr - ₹5.8 L/yr 3% less
JPMorgan Chase & Co. Collection Associate Salary 2 - 22 years exp. (3 salaries)	₹5 L/yr - ₹10 L/yr 58% more
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HDB Financial Services Collection Associate Salary 0 - 12 years exp. (341 salaries)	₹1.7 L/yr - ₹4.7 L/yr 24% less	5 job openings
Vivifi India Finance Collection Associate Salary 0 - 3 years exp. (166 salaries)	₹2.2 L/yr - ₹3.8 L/yr 32% less
DCB Bank Collection Associate Salary 3 - 9 years exp. (53 salaries)	₹2.2 L/yr - ₹4.3 L/yr 22% less

Collection Associate salary at Synchrony ranges between ₹4 Lakhs to ₹4.9 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Synchrony.

Experience wise Synchrony Collection Associate salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹4 L/yr - ₹4.8 L/yr
1 year (AmbitionBox Estimate)	₹4 L/yr - ₹7.6 L/yr
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2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.5 L/yr

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Salary related reviews for Synchrony

5.0

Rated by 1 employees for salary & benefits

Process Developer in Hyderabad / Secunderabad

Customer Success, Service & Operations Department

3.0

• posted on 10 Feb 2019

3.0

for Salary and Benefits

Likes

Leadership team shows the concern on Employess issues n problem. Business structure for customers is good but not for employees. Synchrony is a company who always support equal opportunity to PDN n women to achieve their professional goals in their life.

Dislikes

Growth structure in terms of less designation opening in IJP's . Outsiders get better salary but person who given years n years religiously to company hardly get satisfactory hike in pay.

Promotions - Poor

+1 more

Senior Analyst in Hyderabad / Secunderabad

Analytics Department

4.0

• posted on 08 Jun 2021

2.0

for Salary and Benefits

Likes

As for me I got to work in good teams. I was part of Analytics dept. And worked for 4 yrs approximately. Quality of work was good when I joined as part of GE Capital Retail Finance but after it became Synchrony lot of changes happened and work quality was impacted. Job security, free transport,work from home, team outings were some of the good things.

Skill development - Good

+3 more

Dislikes

Cafeteria sucks, management biased towards South Indian people. Salary not par with market for same experience bucket. Growth opportunity is not so good

Salary - Poor

Customer Solution Representative 2 in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 18 Apr 2023

3.0

for Salary and Benefits

Likes

Synchrony provides the best environment for a fresher to start their career. They also provide all facilities for their employees and take great consideration for their benefit.

Job security - Excellent

+3 more

Dislikes

The salary, as they don't provide incentives or bonuses for employees who would do well compared to others

Senior Customer Service Representative in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 28 Sep 2022

4.0

for Salary and Benefits

Likes

Synchrony financials is a great place to work . I have worked with the most kind and professional team . Mentors are very supportive. Synchrony cares about thier employees That's what it makes the company a great place to work.

Salary - Good

+5 more

Dislikes

Unseen Politics . Leave policies Salary hike

Senior Quality Analyst in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

4.0

• posted on 08 Mar 2022

1.0

for Salary and Benefits

Likes

Very less pay. You are forced to take calls even you move into other role. Pay is very very less. You can expect hike only upto 6% even you are excellant performer. Leaves are a big headache. You will have sufficient leave balance but no slots as usual to get approved. Pay is very very less across. You will get gifts quaterly and other occasions which they say that they are doing so much for employees. If pay slab is increased people will come forward to work and people will refer others.

Job security - Good

+1 more

Dislikes

Pay is very less. Only 3k per month hike you get every year. Hardly 30to 32k increase you get as yearly hike.

Salary - Bad

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Synchrony Collection Associate Salary FAQs

What is the salary of Collection Associate at Synchrony ?

The average salary of a Collection Associate at Synchrony in India typically ranges from ₹4.0 Lakhs to ₹4.9 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Collection Associate at Synchrony earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹4.9 Lakhs per year. Collection Associate Salaries at Synchrony 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 5 Synchrony employees in India.

What is the estimated take home salary of a Collection Associate at Synchrony in India?

The estimated take-home salary of a Collection Associate at Synchrony in India typically ranges from ₹31,363 to ₹32,657 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹4.9 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 5 salaries received from various employees of Synchrony. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Synchrony for Collection Associate in India?

JPMorgan Chase & Co.

₹5.0 Lakhs to ₹10.0 Lakhs per year

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

What is the salary of a Collection Associate in companies similar to Synchrony in India?

The salary of a Collection Associate at companies similar to Synchrony in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HSBC Group	₹2.1 Lakhs to ₹5.8 Lakhs per year
DCB Bank	₹2.2 Lakhs to ₹4.3 Lakhs per year
HDB Financial Services	₹1.7 Lakhs to ₹4.7 Lakhs per year
Vivifi India Finance	₹2.2 Lakhs to ₹3.8 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 Associate at Synchrony in India?

The salary growth for a Collection Associate at Synchrony depends on factors such as experience, performance, and promotions. On average, a Collection Associate can expect the following growth trajectory at Synchrony:

Experience	Average Salary Range
Fresher	₹4.0 Lakhs to ₹4.8 Lakhs per year
1 year	₹4.0 Lakhs to ₹7.6 Lakhs per year
2 years	₹1.8 Lakhs to ₹4.5 Lakhs per year

and so on.

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Synchrony Collection Associate Salaries

Synchrony Collection Associate salary in India ranges between ₹4 Lakhs to ₹4.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Synchrony latest salaries received from various employees of Synchrony.