▼63%
₹774,194
Avg. Base Salary (INR)
/ year
Avg. Base Salary (INR)
10%
₹298k
MEDIAN
₹774k
90%
₹2m
The average salary for a Credit / Collections Manager is ₹774,194 in 2025
Base Salary
₹298k - ₹2m
Bonus
₹10k - ₹397k
Total Pay
₹308k - ₹2m
Is Average Experienced Credit / Collections Manager Salary in Mumbai, Maharashtra your job title? Find out what you should be paid
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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
78%
None
22%
Gender Breakdown for Credit / Collections Managers
Male
60.0%
Female
40.0%
This data is based on 5 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 ₹2m / 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 ₹298k / 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.