Ugro Capital Mumbai Collection Officer Salaries by 6 Employees (Updated 2025)

1 - 5 years exp.

₹2.8 Lakhs - ₹3.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

32% more than the average Collection Officer Salary in NBFC Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collection Officer Salary 2 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.7 L/yr
Login to view exact salary
Customer Success, Service & Operations Collection Officer Salary 5 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.8 L/yr

Last Updated: 11 Mar 2025

Companies similar to Ugro Capital for Collection Officer in Mumbai

Ugro Capital Collection Officer Salary

1 - 5 years exp. (6 salaries)

₹2.8 L/yr - ₹3.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Sammaan Capital Limited Collection Officer Salary 1 - 8 years exp. (22 salaries)	₹2 L/yr - ₹3.6 L/yr 22% less
L&T Finance Collection Officer Salary 1 - 6 years exp. (14 salaries)	₹1.5 L/yr - ₹3.8 L/yr 27% less
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IIFL Finance Collection Officer Salary 1 - 10 years exp. (7 salaries)	₹2.2 L/yr - ₹4 L/yr 9% less
Shriram Finance Collection Officer Salary 3 - 8 years exp. (5 salaries)	₹2.2 L/yr - ₹3.5 L/yr 12% less
Manba Finance Collection Officer Salary 5 - 12 years exp. (3 salaries)	₹2.8 L/yr - ₹3 L/yr 17% less
Mahindra Finance Collection Officer Salary 1 - 6 years exp. (3 salaries)	₹2.3 L/yr - ₹3.5 L/yr 20% less

Collection Officer salary at Ugro Capital ranges between ₹2.8 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Ugro Capital.

Experience wise Ugro Capital Collection Officer salaries in Mumbai

Last Updated: 11 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
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3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in Ugro Capital

Credit Manager Salary

(7 salaries)

₹5.2 L/yr - ₹7.61 L/yr

Relationship Manager Salary

(5 salaries)

₹3 L/yr - ₹8.5 L/yr

Area Credit Manager Salary

(3 salaries)

₹8.68 L/yr - ₹14.25 L/yr

Credit Officer Salary

(3 salaries)

₹3.75 L/yr - ₹4.56 L/yr

Top skills at Ugro Capital for Collection Officer

Collections Payments Recovery Business Management Litigation Communication Skills Legal Verbal Communication Debt Management Negotiation Skills Field Sales Payment Collection Collection Management Sales

Salary related reviews for Ugro Capital

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The Credit department in this company wields significant power and its members often have an inflated sense of self-importance. Sales personnel are often not given the respect they deserve, and when mistakes occur, they are held accountable. If an issue arises during an audit, the sales team is expected to respond, while the Credit department remains unaccountable. Ultimately, the sales team bears the brunt of the workload, while the Credit department reaps the benefits without much effort."

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Nothing to like. People like month end dinner more than 10 times in a month.

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Work ethics and if you're in plant and machinery sales division then good luck for your future my friend, the whole department's management is doomed big time. The administration of the department has many loopholes and they entertain no room for improvement or development.

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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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Ugro Capital Collection Officer Salary FAQs

What is the salary of Collection Officer at Ugro Capital in Mumbai?

The average salary of a Collection Officer at Ugro Capital in Mumbai typically ranges from ₹2.8 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Collection Officer in Mumbai at Ugro Capital earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Collection Officer Salaries at Ugro Capital 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 6 Ugro Capital employees in India.

What is the estimated take home salary of a Collection Officer at Ugro Capital in Mumbai?

The estimated take-home salary of a Collection Officer at Ugro Capital in Mumbai typically ranges from ₹25,780 to ₹27,207 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 1 year 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 6 salaries received from various employees of Ugro Capital. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Collection Officer at Ugro Capital in Mumbai?

To be a Collection Officer at Ugro Capital in Mumbai, the key skills required include:

- Collections
- Payments
- Recovery
- Business Management
- Litigation

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

What is the salary of a Collection Officer in companies similar to Ugro Capital in Mumbai?

The salary of a Collection Officer at companies similar to Ugro Capital in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IIFL Finance	₹2.2 Lakhs to ₹4.0 Lakhs per year
Shriram Finance	₹2.2 Lakhs to ₹3.5 Lakhs per year
Manba Finance	₹2.8 Lakhs to ₹3.0 Lakhs per year
Mahindra Finance	₹2.3 Lakhs to ₹3.5 Lakhs per year
Sammaan Capital Limited	₹2.0 Lakhs to ₹3.6 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 Ugro Capital in Mumbai?

The salary growth for a Collection Officer at Ugro Capital in Mumbai depends on factors such as experience, performance, and promotions. On average, a Collection Officer in Mumbai can expect the following growth trajectory at Ugro Capital:

Experience	Average Salary Range
1 year	₹3.0 Lakhs to ₹3.8 Lakhs per year
2 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
3 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
4 years	₹3.1 Lakhs to ₹4.0 Lakhs per year

and so on.

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Ugro Capital Collection Officer Salaries in Mumbai

Ugro Capital Collection Officer salary in Mumbai ranges between ₹2.8 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Ugro Capital latest salaries received from various employees of Ugro Capital.