Collector Salary: Comprehensive Overview
Collector Salary in India is an average of ₹0.8 Lakh per year (₹6.7k per month). Collector salary in India with less than 1 year of experience to 9 years ranges from ₹ 0.8 Lakhs to ₹ 7.9 Lakhs with an average annual salary of ₹ 4.2 Lakhs.The average collector salary varies depending on several factors, including the type of organization they work for, their level of experience, and their geographical location. Due to the importance of their role, collectors are compensated with competitive salaries that reflect their level of responsibility and the skills they bring to the job.
The position of a collector is a very respectable and coveted post in India. Those who aspire to be a collector must appear for UPSC Civil Service Exam and choose Indian Administartive Service( IAS) as preference. There are many advantages of being a collector. Some of them are bulleted below:
- A Collector is very well paid by the Indian Government for his services. The Collector makes sure that he implements the policies of the government under his jurisdiction.
- 7th Salary Pay commision is follower for the collectors by the Goverment of India.
- Dearness allowance, housing rent allowance, travel benefits, and others are given to collectors.
- One intriguing fact one must know that a district collector enjoys the similar benefits and privileges that are enjoyed by the District Magistrate. In fact, the district collector salary scale is similar to that of a district magistrate salary scale.
Debt collection is a vital component of the financial industry, as it helps ensure that payments are made on time and helps minimize losses for organizations. Collectors are responsible for managing debt, communicating with debtors, and negotiating payment plans. Due to the importance of their role, collectors are compensated with competitive salaries that reflect their level of responsibility and the skills they bring to the job.
Collector Salary: Highlights in 2024
Details | Particulars |
Collector Salary Range | INR 0.8 - INR 7.8 LPA |
Collector Salary (Average per annum) | INR 4.2 LPA |
Collector Average salary per month | INR 31,138 - INR 32,435/month |
Collector Fresher Salary | Average of INR 0.8 - INR 2.7 LPA |
Senior Collector Salary | Average of INR 7.8 LPA |
Collector Salary in India 2024
- According to Glassdoor, the average Collector salary in India is INR 26,749 per month.
- There are various factors affecting the average Collector Salary in India.
- The average Collector Salary for a Fresher is 0.8 Lakhs per annum.
- The major companies that hire Collectors are Tata Consultancy Services, Bajaj Allianz Life Insurance, Skywalker Trampolines and DHL Express.
Collector Salary: Perks and Other Benefits
In addition to their pay, district collectors are entitled to a variety of perks and advantages that are intended to properly reward and assist them, as previously noted. Since the government looks after IAS Officers, it assumes nearly all of the duties associated with being a district collector. The extra benefits and privileges that come with becoming a district collector are listed below.
Dearness Allowance
This is one of the most-sought after benefits that a District Collector enjoys. The Dearness Allowance component of the income is adjusted every six months, in January and July of each year, in accordance with the Consumer Price Index, or inflation index (CPI). Because the Transport Allowance is not included, the DA can now reach up to 125%.
Security of Job
Collectors enjoy a great job security. It's not a easy thing that one can remove or discharge a collector. If circumstances arise, it can only be done by the provisions of the constitution.
Medical Leave
If a collector undergoes a medical treatment, medical allowance will also be covered in the salary scale of the collector.
Vehicles for Office
Each collector is allowed to a driver or chauffeur in addition to one to three vehicles.
Security
Two bodyguards and three home guards offer security. STF commandos can also be made available in case of a threat. He or she is able to design their security cover in any way that suits them.
House Rent Allowance (HRA)
HRA differs based on the kind of city. For officers employed in 8 X category cities, HRA will be 24 percent. those sent to cities in the Z category will earn an HRA value of 8%, whilst those deployed to Y category locales would receive a value of 16%. But only those who haven't used government housing will be eligible for HRA.
Bills for electricity
One of the wonderful benefits of the Indian IAS salary is this. A collector's official residence is either fully funded or heavily subsidized.
Travel Allowance (TA)
Travel Allowance is given to collectors to help with appropriate travel expenses.
Service Quarter
Collectors are assigned a service quarter where they are posted in addition to lodging in the state capital.
Phone Invoices
Officers receive three BSNL SIM cards with free internet, SMS, and voice time. They also have a free broadband connection and a landline from BSNL at home.
Collector Salary: Collector In-Hand Salary
The amount due at the end of each month after all deductions and allowances are included is known as the "in-hand salary." Candidates frequently misunderstand the terms "salary payable" and "salary in-hand." A collector's entitlement income is known as their collector in hand salary, which is the amount that is deposited to the officers' bank accounts at the end of each month after all allowances and deductions have been made.
Collector Salary: Collector Salary Slip
Every officer receives a wage slip at the end of the month, which is a piece of paper with information on the amount owed. It includes details on several deductions made from the compensation amount, and the total amount of the salary that is paid out in full is disclosed at the bottom. As collectors learn the specifics of the deductions, this is crucial.
Collector Salary: Probationary Period for Collectors
After passing the UPSC Civil Services exam and being chosen as a "junior level collector," candidates hired under the Indian Administrative Service must go through training to learn about the responsibilities, tasks, and work profile of an IAS Officer. They also need to learn about the work pressure they will experience during their service tenure. Also referred to as the Probation Period, this time frame is used to provide new hires with training and a thorough evaluation based on their performance, their ability to comprehend and apply the training, and their ability to carry out the tasks and responsibilities that have been delegated to them. An IRS officer's probationary period is two years.
Collector Salary: Responsibilities
- Management of loan closings with branch staff, lenders, and debtors.
- To optimize collections, manage, coach, and develop a team of collection associates.
- Ability to collaborate with others as part of a team to provide outstanding patient care.
- Take part in workgroups, staff meetings, and company activities.
- Complete title commitment orders and examine title reports.
- Monitor account activity to ensure that members are adhering to the terms of the agreement.
- Keep track of credit concerns, overdue accounts, and incomplete files.
- Create and handle all processing forms and documentation in accordance with legal and business norms.
- Assist with the documentation of all collecting processes and procedures.
- Create and manage retrieval systems to improve access to and utilization of collections and associated information.
- Executing routine activities requires the use of acquired work skills as well as knowledge of business regulations and procedures.
- Answer financial-related questions from internal and external contacts.
- Participate in all phases of research and assessment.
- Based on the findings, make an appropriate recommendation on whether or not to foreclose.
- Assist with data auditing by finding problems, developing audit criteria, and evaluating data.
- Monitor staff members' performance in accordance with defined criteria.
- Maintain a professional image by maintaining favorable public relations.
- Analyze data and conduct research from various sources to find and address problems or concerns.
- Maintain and disseminate product registration approval, discontinuation, and cancellation information.
Collector Salary: Qualifications
- Bachelors or Graduate's Degree in accounting, business, business administration or computer science, or equivalent experience.
- Experience with disseminating EOB information to patients and clients.
- Fluency in HIPAA protocols and policies.
- Extreme attention to detail and negotiation skills.
- A critical thinker and problem solver.
- Fluency in writing protocols.
- A leader and professional at all times.
- Demonstrated sound work ethic and multitasking capabilities.
- Skilled in time management.
Collector Salary: Experience Wise
The table below shows the collector salary based on experience:
Experience | Average Collector Salary in India |
1-2 Years | INR 2.7 LPA |
2-3 Years | INR 3.0 LPA |
3-4 Years | INR 3.2 LPA |
4-5 Years | INR 3.9 LPA |
5-6 Years | INR 4.0 LPA |
6-7 Years | INR 5.6 LPA |
7-8 Years | INR 6.6 LPA |
8-9 Years | INR 7.8 LPA |
Collector Salary: City Wise
The table below shows the collector salary based on cities in India:
City | Average Collector Salary in India |
New Delhi | INR 4.2 LPA |
Bengaluru | INR 4.5 LPA |
Pune | INR 3.5 - INR 7.0 LPA |
Hyderabad | INR 1.8 - INR 2.3 LPA |
Mumbai | INR 3.2 - INR 4.1 LPA |
Gurugram | INR 2.4 - INR 4.1 LPA |
Collector Salary: Company Wise
The table below shows the collector salary based on the company in India:
Company | Average Collector Salary in India (Monthly) |
Government of India | INR 1L - INR 2L |
Bajaj Finance | INR 14T - 21T |
iEnergizer | INR 41T |
Kolkata Municipal | INR 93T - INR 1L |
HDFC Bank | INR 32T - 35T |
Tata Consultancy Service | INR 34T - 37T |
Tata Capital | INR 2L |
Bajaj Allianz Life Insurance | INR 12T - 13T |
MPOWER Financing | INR 8L - 9L |
The District Collector of Government in India gets additional benefits. The national average salary for a District Collector is INR 2,15,529 in India.
Collector Salary: Collector Job Profile
The job profile of district collectors in India is mentioned below:
- The district collector is the head of the administration in the district he is assigned. Law and order maintenance, revenue collection, and the implementation of government policies and programs are the fundamental duties of a district collector. A productive coordination with police, health, education, public works, and other departments to foster good governance is also a responsibility.
- Supervision of the police force, management of public gatherings, and dealing with emergencies such as riots or natural disasters also comes under the jurisdiction of the collectors. Curfews, order arrests, and take other initiatives to ensure public safety can also be done by the collectors.
- Collection of taxes, maintaining land records, and resolving land disputes come under his authority. He also functions as head of revenue courts, dealing with cases related to land revenue and property disputes.
- When it comes to managing disasters, a district collector has a key role to play. Emergency Relief Operations are also done in coordination with agencies by the collectors when disasters hit.
- As the district's chief electoral officer, the district collector is responsible for organizing the electoral process, guaranteeing free and fair voting, and supervising the conduct of elections.
- The Collector makes sure that information is effectively distributed and frequently informs the public about choices and policies made by the government.