▼45%
₹511,316
Avg. Base Salary (INR)
/ year
Avg. Base Salary (INR)
10%
₹103k
MEDIAN
₹511k
90%
₹776k
The average salary for a Credit / Collections Manager is ₹511,316 in 2025
Base Salary
₹103k - ₹776k
Bonus
₹97k - ₹122k
Total Pay
₹103k - ₹903k
Is Average Mid-Career Credit / Collections Manager Salary in Mumbai, Maharashtra your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
EXPLORE BY:
Featured Content
‹
Remote Work
New research shows how to set pay for remote employees
Gender Pay Gap
New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education.
Compensation Best Practices Report
From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation.
Salary Budget Survey Report
See how organizations are shifting their salary budgets this year.
Retention Report
Get strategies you can use to retain top talent and learn how impactful employee retention really is.
Variable Pay Playbook
Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices.
›
What is the Pay by Experience Level for Credit / Collections Managers?
What Do Credit / Collections Managers Do?
Credit / Collections Manager Tasks
- Hire, manage, and motivate members of the collection team.
- Manages small claims court documentation and makes decisions on accounts to be written off.
- Oversee all general credit and collections processes.
Find your market worth – how it works:
Common Health Benefits for a Credit / Collections Manager
Medical
71%
None
29%
Gender Breakdown for Credit / Collections Managers
Male
100.0%
This data is based on 3 survey responses. Learn more about the gender pay gap.
FAQs About Credit / Collections Managers
What is the highest pay for Credit / Collections Managers in Mumbai?
Our data indicates that the highest pay for a Credit / Collections Manager in Mumbai is ₹776k / year
What is the lowest pay for Credit / Collections Managers in Mumbai?
Our data indicates that the lowest pay for a Credit / Collections Manager in Mumbai is ₹103k / year
How can Credit / Collections Managers increase their salary?
Increasing your pay as a Credit / Collections Manager is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Credit / Collections Manager that oversees more junior Credit / Collections Managers, this experience can increase the likelihood to earn more.