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Collections Clerk Banking salary in Sri Lanka

Average Yearly Salary of Collections Clerk Banking in Sri Lanka is approximately 1,272,675 LKR (3,673 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 Collections Clerk Banking do?

occupation personasA collections clerk in banking is responsible for managing and monitoring the collection of outstanding debts owed by customers. They work closely with customers to ensure timely payments, resolve any payment issues or disputes, and maintain accurate records of all collections activities. This role involves contacting customers via phone, email, or mail to remind them of their overdue payments, negotiate payment plans, and provide assistance or guidance on payment options. Collections clerks also handle incoming customer inquiries regarding outstanding balances, payment arrangements, and account discrepancies. They collaborate with other departments, such as credit and sales, to resolve any issues that may hinder the collection process. Strong organizational skills, attention to detail, and excellent communication skills are essential for success in this role.

Skills: Collections clerk, Banking, Debt collection, Customer service, Payment processing, Account reconciliation.
Job industry: Banking


How much does Collections Clerk Banking make?

Salary details
How much does Collections Clerk Banking make?
Estimated Yearly Salary: 1,272,675 LKR
Estimated Monthly Salary: 106,056 LKR
Estimated Weekly Salary: 24,475 LKR per week
Estimated Hourly Salary: 612 LKR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 1,230,809 LKR
Estimated Monthly Salary: 102,567 LKR
Estimated Weekly Salary: 23,669 LKR per week
Estimated Hourly Salary: 592 LKR per hour
Last revision of data: 2024-01-07



Collections Clerk Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 3,673 USD
Estimated Monthly Salary: 306 USD
Estimated Weekly Salary: 71 USD per week
Estimated Hourly Salary: 2 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 3 %

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.

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Salary comparison to National average

Sri Lanka, officially known as the Democratic Socialist Republic of Sri Lanka, is an island country located in South Asia. It has a population of approximately 21 million people and covers an area of around 65,610 square kilometers. The country is known for its diverse landscapes, including sandy beaches, lush forests, and scenic mountains.

Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Collections Clerk Banking job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Collections Clerk Banking in Sri Lanka earns on average:
0.71 times the average salary (or 71% of average salary).

Is Collections Clerk Banking a well paid job?

No, our data shows that Collections Clerk Banking is typically not a well-paid job. The salary varies based on experience. Meaning that even though Collections Clerk Banking might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Collections Clerk Banking?

High salary for Collections Clerk Banking would be somewhere between 1,399,943 LKR and 1,845,379 LKR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Collections Clerk Banking in Sri Lanka?

Living in Sri Lanka the approximate monthly expenses are: 224 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: 1,272,675 LKR
Estimated Monthly Salary: 106,056 LKR
Estimated Weekly Salary: 24,475 LKR per week
Estimated Hourly Salary: 612 LKR per hour
By working as Collections Clerk Banking a person can save up to 82 USD per month or 980 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 Sri Lanka, see costs of living in Sri Lanka.

Salary comparison to region and neighbouring coutries

Country's neighbours are: India, Maldives.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Collections Clerk Banking

India is 14,629 USDup arrow 298%
Details on Collections Clerk Banking salary in India
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Sri Lanka

(20,273,886 LKR per year, pre-tax.)
(16,965,724 LKR per year, pre-tax.)
(16,365,126 LKR per year, pre-tax.)
(15,798,117 LKR per year, pre-tax.)
(15,785,379 LKR per year, pre-tax.)
(15,470,862 LKR per year, pre-tax.)
(15,460,527 LKR per year, pre-tax.)
(15,421,430 LKR per year, pre-tax.)
(15,391,640 LKR per year, pre-tax.)
(15,389,631 LKR per year, pre-tax.)

Data as of 2025

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