Collection Officer Salary: For Freshers, Average Salary, Highest Salary, Top Recruiters, Jobs, Government Jobs

Collection Officer Salary in India

The average annual salary of a Collection Officer after significant years of experience in India is INR 3.80 LPA. The starting salary for a Collection Officer is INR 2.40 LPA while the highest salary is INR 8.10 LPA and in some cases even more. The estimated monthly salary in India for Collection Officers is between INR 16,678 to INR 18,391.

Collection Officers with an experience of 5 years are earning up to INR 3.50 LPA in India. Professionals with experience and higher designations are expected to have better pay. Sales Officers and Senior Collection Executives are top designations with an average annual salary of INR 3 LPA.

Collection Officer Salary: Experience Wise

Experience is one of the most crucial determining factors for a Collection Officer's salary. Experienced Collection Officers are compensated more compared to freshers because of the knowledge and skills they possess. The following table highlights the Collection Officer salaries based on years of experience.

Collection Officer Salary: Designation Wise

Collection Officers collect payments from customers who have defaulted on their loans or card payments. The profession has varied salaries depending upon the various designations. Collection Officer salaries for some of the top designations are mentioned in the table below.

Collection Officer Salary: Skill Wise

Collection Officers deal with people who fail to pay their repay their loans or card debts. For this purpose, they are required to have skills like negotiation and communication. Collection officer salaries according to different skills are mentioned in the following table.

Collection Officer Salary: Qualification Wise

The salary of a Collection Officer vary based on their level of educational qualification, with those having higher degrees earning more than individuals with short-term courses. The following table highlights the salaries of Collection Officers at different qualification levels.

Collection Officer Salary: Company Wise

The salary of a Collection Officer can vary based on the company they work for, as larger organisations with an extensive customer base tend to offer higher salaries. The table below highlights the salary of some of the top recruiters of Collection Officers in India. 

Collection Officer Salary: City Wise

The salary of a Collection Officer can vary based on the location they work, as the cost of living and demand for their services can differ across different cities. Collection officer salaries from some of the top Indian cities are mentioned in the table below.

Collection Officer Salary: Country Wise

There is a demand for Collection Officers in abroad also. Students can have better pay when opting to work in other countries and can apply for Collection officer jobs after completing their education. Some of the top countries with good pay for Collection Officers are mentioned in the table below.