Tata Motors Finance Collection and Recovery Officer Salaries by 3 Employees

2 - 6 years exp.

₹2.6 Lakhs - ₹3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

20% more than the average Collection and Recovery Officer Salary in NBFC Companies for 2 - 6 years of experience

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Salaries in different departments

Finance & Accounting Collection and Recovery Officer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
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Production, Manufacturing & Engineering Collection and Recovery Officer Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 26 Oct 2023

Companies similar to Tata Motors Finance for Collection and Recovery Officer

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Collection and Recovery Officer Salary 1 year exp. (3 salaries)	₹1.8 L/yr - ₹8.2 L/yr 58% more
SMFG India Credit Collection and Recovery Officer Salary 4 - 10 years exp. (3 salaries)	₹1.9 L/yr - ₹4.3 L/yr 6% more
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Jana Small Finance Bank Collection and Recovery Officer Salary 0 - 7 years exp. (79 salaries)	₹1.1 L/yr - ₹3.3 L/yr 12% less	1 job opening
IndusInd Bank Collection and Recovery Officer Salary 1 - 7 years exp. (4 salaries)	₹1.2 L/yr - ₹3.9 L/yr 5% less
HDFC Bank Collection and Recovery Officer Salary 2 - 5 years exp. (4 salaries)	₹2 L/yr - ₹2.6 L/yr 17% less

Collection and Recovery Officer salary at Tata Motors Finance ranges between ₹2.6 Lakhs to ₹3 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Tata Motors Finance.

Experience wise Tata Motors Finance Collection and Recovery Officer salaries

Last Updated: 26 Oct 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

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Salary related reviews for Tata Motors Finance

Regional Sales Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 21 Jun 2024

1.0

for Salary and Benefits

Likes

...ts High demand from employee Employee always feels under stress and demotivated. Compensation not good as per standard. Company drive does not match with ground reality. Likes - People learns to survive in worst situation.

Dislikes

Mentioned above

Salary - Bad

+6 more

Senior Manager in Thane

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Administration & Facilities Department

1.0

• posted on 27 Dec 2023

1.0

for Salary and Benefits

Likes

Nothing.

Dislikes

... due to flattering and these people do not have caliber to adopt new technology. Manager reports to manager, AVP reports o AVP, and surprise or shock few managers salary is lesser than their reportees. Many employees are by pass their bosses. If you are 45+ than join TATA to just earn salary & get retire. If you are not match yourself with their culture than they will harass you and will force to resign. No proper budgeting, TATA have so much money to spend unnecessary. TATA just using Ratan Tata sir name and survive on goodwill.

Salary - Bad

+6 more

Collections Executive in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 28 Jun 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Collections Executive in Navi Mumbai

Full Time

Engineering - Software & QA Department

5.0

• posted on 05 Jun 2022

4.0

for Salary and Benefits

Likes

It was a great experience working, also got to learn many more things, and have skilled me to work in any other recovery stream.

Salary - Good

+4 more

Dislikes

Just a bit cons. 1. Comparably low salary - but exciting incentive structure. 2. Too slow process for Career Growth.

Promotions - Poor

Area Operation Manager in Jabalpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Jul 2019

4.0

for Salary and Benefits

Likes

Very friendly and working environment, job security is good, if ur in good package then salary grow accordingly.big gap in salary structure in lower and middle mangment. Travel policy excellent, CSR activities goings on regular basis.

Salary - Good

+6 more

Dislikes

Appraisal process.

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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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Tata Motors Finance Collection and Recovery Officer Salary FAQs

How the salary growth look like for a Collection and Recovery Officer at Tata Motors Finance in India?

The salary growth for a Collection and Recovery Officer at Tata Motors Finance depends on factors such as experience, performance, and promotions. On average, a Collection and Recovery Officer can expect the following growth trajectory at Tata Motors Finance:

Experience	Average Salary Range
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
5 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
6 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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Tata Motors Finance Collection and Recovery Officer Salaries

Tata Motors Finance Collection and Recovery Officer salary in India ranges between ₹2.6 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Tata Motors Finance latest salaries received from various employees of Tata Motors Finance.