TVS Credit Collection Associate Salaries by 4 Employees

2 - 5 years exp.

₹1.2 Lakh - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

39% less than the average Collection Associate Salary in NBFC Companies for 2 - 5 years of experience

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Salaries in different departments

Administration & Facilities Collection Associate Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.3 L/yr
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Finance & Accounting Collection Associate Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 7 Jun 2024

Companies similar to TVS Credit for Collection Associate

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collection Associate Salary 0 - 4 years exp. (5 salaries)	₹2 L/yr - ₹2.8 L/yr 38% more
Mahindra Finance Collection Associate Salary 0 - 7 years exp. (13 salaries)	₹2.2 L/yr - ₹3.5 L/yr 39% more
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Tata Capital Collection Associate Salary 2 - 4 years exp. (4 salaries)	₹1.4 L/yr - ₹4 L/yr 71% more
Shriram Finance Collection Associate Salary 4 - 6 years exp. (4 salaries)	₹2 L/yr - ₹4.1 L/yr 70% more
L&T Finance Collection Associate Salary 3 - 11 years exp. (4 salaries)	₹1.9 L/yr - ₹4.8 L/yr 45% more
HDB Financial Services Collection Associate Salary 0 - 12 years exp. (340 salaries)	₹1.7 L/yr - ₹4.7 L/yr 66% more	5 job openings
IIFL Finance Collection Associate Salary 4 - 16 years exp. (4 salaries)	₹2.5 L/yr - ₹3.9 L/yr 75% more
PNB Housing Finance Collection Associate Salary 4 - 10 years exp. (4 salaries)	₹3 L/yr - ₹3.4 L/yr 72% more
Spandana Sphoorty Financial Collection Associate Salary 1 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹3.5 L/yr 40% more
Mahindra Rural Housing Finance Collection Associate Salary 2 - 7 years exp. (3 salaries)	₹1.6 L/yr - ₹2.4 L/yr 9% more

Collection Associate salary at TVS Credit ranges between ₹1.2 Lakh to ₹3.2 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of TVS Credit.

Experience wise TVS Credit Collection Associate salaries

Last Updated: 7 Jun 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
3 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
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5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

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Salary related reviews for TVS Credit

5.0

Rated by 1 employees for salary & benefits

Finance Executive in Chennai

Full Time

Finance & Accounting Department

4.0

• posted on 12 Jun 2024

3.0

for Salary and Benefits

Likes

Good, I am happy to part of your company😍.One of the best company i have ever seen..Thank you♡

Skill development - Excellent

+3 more

Dislikes

..., but if there is any increment, I'll be the happiest..This is only my opinion..But I am happy with this salary..thank you

Sales Executive in GHAZIPUR UP

Banking & Finance Department

4.0

• posted on 27 Jun 2022

5.0

for Salary and Benefits

Likes

This company is beautiful growth in salary or post ,they have very potential in work

Salary - Excellent

+6 more

Dislikes

There is a lot of castism and pollitics The management dose not address our issues salary base is very decant but selection process is very tough for new joining 2year before which we can resign

Sales Executive in Muzaffarpur

Engineering - Software & QA Department

5.0

• posted on 25 Mar 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture. teammates are supportive

Salary - Excellent

+6 more

Dislikes

Company over all atmosphere is very good, Boss is very supportive but poor commitment for job, stability, salary or all commitments are totally face.

Deputy Manager in Chennai

Information Technology Department

4.0

• posted on 04 May 2021

5.0

for Salary and Benefits

Likes

TVS Credit Services will provide 100% Job Security But the work culture is a very old method in all the departments.

Salary - Excellent

+5 more

Dislikes

1. They have to improve the technologies IT. 2. There is no normalization so only we need to consider the salary at the joining period itself.

Finance Executive in Dehradun

Retail Sales Department

4.0

• posted on 19 Apr 2022

3.0

for Salary and Benefits

Likes

Company is good co worker is also good ,but salary is a main issue in tvscs only ,and you can promote if you work very good and achieve all your goals ....And if you talking about skills so you can gain lots of knowledge here .

Skill development - Excellent

+3 more

Dislikes

I'm facing salary issue ,And they are taking lots of time for promotion

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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TVS Credit Collection Associate Salary FAQs

What is the salary of Collection Associate at TVS Credit ?

The average salary of a Collection Associate at TVS Credit in India typically ranges from ₹1.2 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Collection Associate at TVS Credit earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Collection Associate Salaries at TVS Credit 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 TVS Credit employees in India.

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

The estimated take-home salary of a Collection Associate at TVS Credit in India typically ranges from ₹13,037 to ₹14,435 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 2 years to 5 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 TVS Credit. Check how we calculate in-hand salary with our in-hand salary calculator.

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

IIFL Finance	₹2.5 Lakhs to ₹3.9 Lakhs per year
PNB Housing Finance	₹3.0 Lakhs to ₹3.4 Lakhs per year
Tata Capital	₹1.4 Lakhs to ₹4.0 Lakhs per year
Shriram Finance	₹2.0 Lakhs to ₹4.1 Lakhs per year
HDB Financial Services	₹1.7 Lakhs to ₹4.7 Lakhs per year

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

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

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

L&T Finance	₹1.9 Lakhs to ₹4.8 Lakhs per year
Spandana Sphoorty Financial	₹2.1 Lakhs to ₹3.5 Lakhs per year
Mahindra Finance	₹2.2 Lakhs to ₹3.5 Lakhs per year
HDFC Bank	₹2.0 Lakhs to ₹2.8 Lakhs per year
Mahindra Rural Housing Finance	₹1.6 Lakhs to ₹2.4 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 TVS Credit in India?

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

Experience	Average Salary Range
2 years	₹1.4 Lakhs to ₹1.8 Lakhs per year
3 years	₹1.1 Lakhs to ₹1.4 Lakhs per year
5 years	₹2.9 Lakhs to ₹3.7 Lakhs per year

and so on.

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TVS Credit Collection Associate Salaries

TVS Credit Collection Associate salary in India ranges between ₹1.2 Lakh to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 TVS Credit latest salaries received from various employees of TVS Credit.