Home > Salary > India > Loan Collector Commercial
A loan collector commercial is responsible for managing and collecting outstanding debts from individuals or businesses. They work for financial institutions, credit agencies, or debt collection agencies. The primary role of a loan collector commercial is to contact borrowers through various means such as phone calls, emails, or letters to negotiate repayment plans and recover overdue payments. They must have excellent communication and negotiation skills to handle difficult conversations and resolve disputes effectively. Additionally, they need to maintain accurate records of all interactions, update customer information, and follow legal guidelines and regulations related to debt collection.
Estimated Yearly Salary: 1,410,824 INR
Estimated Monthly Salary: 117,569 INR
Estimated Weekly Salary: 27,131 INR per week
Estimated Hourly Salary: 678 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 113,430 INR
Estimated Weekly Salary: 26,176 INR per week
Estimated Hourly Salary: 654 INR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 15,600 USD
Estimated Monthly Salary: 1,300 USD
Estimated Weekly Salary: 300 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 1,410,824 INR
Estimated Monthly Salary: 117,569 INR
Estimated Weekly Salary: 27,131 INR per week
Estimated Hourly Salary: 678 INR per hour
By working as Loan Collector Commercial a person can save up to 405 USD per month or 4,858 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Estimated Yearly Salary for Loan Collector Commercial
Last revision of data: 2025-01-04
Data as of 2025
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Loan Collector Commercial salary in India
Average Yearly Salary of Loan Collector Commercial in India is approximately 1,410,824 INR (15,600 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Loan Collector Commercial do?
A loan collector commercial is responsible for managing and collecting outstanding debts from individuals or businesses. They work for financial institutions, credit agencies, or debt collection agencies. The primary role of a loan collector commercial is to contact borrowers through various means such as phone calls, emails, or letters to negotiate repayment plans and recover overdue payments. They must have excellent communication and negotiation skills to handle difficult conversations and resolve disputes effectively. Additionally, they need to maintain accurate records of all interactions, update customer information, and follow legal guidelines and regulations related to debt collection.
Skills: Loan collector, Debt recovery, Financial services, Credit agency, Debt collection agency, Negotiation skills
Job industry: Finance
Job industry: Finance
How much does Loan Collector Commercial make?
Salary details
How much does Loan Collector Commercial make?Estimated Yearly Salary: 1,410,824 INR
Estimated Monthly Salary: 117,569 INR
Estimated Weekly Salary: 27,131 INR per week
Estimated Hourly Salary: 678 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,361,160 INREstimated Monthly Salary: 113,430 INR
Estimated Weekly Salary: 26,176 INR per week
Estimated Hourly Salary: 654 INR per hour
Last revision of data: 2024-01-08Loan Collector Commercial estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 15,600 USD
Estimated Monthly Salary: 1,300 USD
Estimated Weekly Salary: 300 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Loan Collector Commercial job salary compared to average salary in India.
Comparison shows that a person working as Loan Collector Commercial in India earns on average:
0.76 times the average salary (or 76% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Loan Collector Commercial job salary compared to average salary in India.
Comparison shows that a person working as Loan Collector Commercial in India earns on average:
0.76 times the average salary (or 76% of average salary).
Is Loan Collector Commercial a well paid job?
No, our data shows that Loan Collector Commercial is typically not a well-paid job. The salary varies based on experience. Meaning that even though Loan Collector Commercial might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Loan Collector Commercial?
High salary for Loan Collector Commercial would be somewhere between 1,551,906 INR and 2,045,695 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Collector Commercial in India?
Living in India the approximate monthly expenses are: 895 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 1,410,824 INR
Estimated Monthly Salary: 117,569 INR
Estimated Weekly Salary: 27,131 INR per week
Estimated Hourly Salary: 678 INR per hour
By working as Loan Collector Commercial a person can save up to 405 USD per month or 4,858 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Loan Collector Commercial
Pakistan is 1,106 USD
China is 8,983 USD
Nepal is 5,129 USD
Bangladesh is 1,973 USD
Afghanistan is 4,206 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in India
(21,041,458 INR per year, pre-tax.)
2. Cardiologist
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4. Neurosurgeon
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7. Urologist
(16,021,806 INR per year, pre-tax.)
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9. Oncologist
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Data as of 2025Random salary:
Sales representative cellular telephones (998,186 INR per year, pre-tax.)
Loading machine operator underground mining (1,980,591 INR per year, pre-tax.)
Project administrator architecture (1,814,137 INR per year, pre-tax.)
Blasting production technician (899,464 INR per year, pre-tax.)
Occupational therapist 1 (3,144,177 INR per year, pre-tax.)
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