Synchrony Collections Manager Salaries by 4 Employees

3 - 6 years exp.

₹4.5 Lakhs - ₹10.1 Lakhs

Low Confidence

Salary of majority employees

26% more than the average Collections Manager Salary in Financial Services Companies for 3 - 6 years of experience

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Last Updated: 17 Jun 2023

Companies similar to Synchrony for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Axis Direct Collections Manager Salary 4 - 9 years exp. (7 salaries)	₹2.6 L/yr - ₹5.5 L/yr 51% less
Citicorp Collections Manager Salary 6 - 14 years exp. (7 salaries)	₹5.2 L/yr - ₹20 L/yr 81% more
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Reliance Capital Collections Manager Salary 5 - 11 years exp. (6 salaries)	₹4.5 L/yr - ₹6.6 L/yr 27% less
HDFC Bank Collections Manager Salary 1 - 18 years exp. (1.1k salaries)	₹3 L/yr - ₹11.1 L/yr 6% less	6 job openings
IDFC FIRST Bank Collections Manager Salary 1 - 11 years exp. (567 salaries)	₹2.2 L/yr - ₹10.6 L/yr 9% less

Collections Manager salary at Synchrony ranges between ₹4.5 Lakhs to ₹10.1 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Synchrony.

Experience wise Synchrony Collections Manager salaries

Last Updated: 17 Jun 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
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5 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
6 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr

Similar Designation salaries in Synchrony

Collection Officer Salary

(4 salaries)

₹3.5 L/yr - ₹7 L/yr

Collection Associate Salary

(5 salaries)

₹4 L/yr - ₹4.85 L/yr

Agency Manager Salary

(AmbitionBox Estimate)

₹11.5 L/yr - ₹14.7 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Senior Collection Officer Salary

(5 salaries)

₹4.2 L/yr - ₹7 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Team Lead Salary

(12 salaries)

₹12.94 L/yr - ₹19.77 L/yr

Top skills at Synchrony for Collections Manager

SQL Relationship Management Coding Information Technology R Settlements Operations Research Regulatory Implementation Project Management Strategy Development Collections SAS Performance Monitoring Python

Salary related reviews for Synchrony

2.0

Rated by 1 employees for salary & benefits

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

Customer Service Representative (working remotely)

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 05 Sep 2024

5.0

for Salary and Benefits

Likes

Salary , appraisals, are only good and we can like something here

Salary - Excellent

+2 more

Dislikes

Work life and managers are heartless on floor. We do not have something which can satisfy for ourself being in this job. Earlier days, everything went well. However, Later days it been it’s a burden day by day working here

Skill development - Poor

+2 more

Senior Associate- CSR (working remotely)

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 18 Jan 2025

3.0

for Salary and Benefits

Likes

The amount of support you receive from the seniors. The work flexibility. Really good company for someone has not a lot of ambition but just wants to lead a normal life in one position forever

Job security - Excellent

+2 more

Dislikes

No career growth. Lack of salary and appraisals.

Skill development - Poor

+1 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Synchrony Collections Manager Salary FAQs

What is the salary of Collections Manager at Synchrony ?

The average salary of a Collections Manager at Synchrony in India typically ranges from ₹4.5 Lakhs to ₹10.1 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Collections Manager at Synchrony earn more than ₹16.2 Lakhs per year, and the top 1% earn over ₹16.2 Lakhs per year. Collections Manager 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 4 Synchrony employees in India.

What is the estimated take home salary of a Collections Manager at Synchrony in India?

The estimated take-home salary of a Collections Manager at Synchrony in India typically ranges from ₹52,908 to ₹54,224 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹10.1 Lakhs per year for employees with experience ranging from 3 years to 6 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 Synchrony. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Collections Manager at Synchrony ?

To be a Collections Manager at Synchrony in india, the key skills required include:

- SQL
- Relationship Management
- Coding
- Information Technology
- R

These skills are highly valued at Synchrony and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Synchrony for Collections Manager in India?

Citicorp

₹5.2 Lakhs to ₹20.0 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 Collections Manager in companies similar to Synchrony in India?

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

HDFC Bank	₹3.0 Lakhs to ₹11.1 Lakhs per year
IDFC FIRST Bank	₹2.2 Lakhs to ₹10.6 Lakhs per year
Reliance Capital	₹4.5 Lakhs to ₹6.6 Lakhs per year
Axis Direct	₹2.6 Lakhs to ₹5.5 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 Manager at Synchrony in India?

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

Experience	Average Salary Range
3 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
4 years	₹5.2 Lakhs to ₹6.6 Lakhs per year
5 years	₹7.1 Lakhs to ₹9.1 Lakhs per year
6 years	₹9.1 Lakhs to ₹11.6 Lakhs per year

and so on.

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Synchrony Collections Manager Salaries

Synchrony Collections Manager salary in India ranges between ₹4.5 Lakhs to ₹10.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Synchrony latest salaries received from various employees of Synchrony.

Synchrony Collections Manager salaries in India

Companies similar to Synchrony for Collections Manager

Latest annual salaries shared by Synchrony Collections Manager

Experience wise Synchrony Collections Manager salaries

Similar Designation salaries in Synchrony

Top skills at Synchrony for Collections Manager

Salary related reviews for Synchrony

Customer Solution Representative 2 in Hyderabad / Secunderabad

Senior Customer Service Representative in Hyderabad / Secunderabad

Senior Quality Analyst in Hyderabad / Secunderabad

Customer Service Representative (working remotely)

Senior Associate- CSR (working remotely)

Synchrony Collections Manager Salary FAQs

Tell us how to improve this page.