Axis Max Life Insurance Senior Collections Manager Salaries by 4 Employees (Updated 2025)

14 - 21 years exp.

₹8 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

15% less than the average Senior Collections Manager Salary in Insurance Companies for 14 - 21 years of experience

Interested in this particular role?

Last Updated: 4 Mar 2025

Companies similar to Axis Max Life Insurance for Senior Collections Manager

Company name	Avg Annual Salary	Open Jobs
Yes Bank Senior Collections Manager Salary 14 - 19 years exp. (8 salaries)	₹8 L/yr - ₹17.8 L/yr 14% more
IDFC FIRST Bank Senior Collections Manager Salary 10 - 15 years exp. (7 salaries)	₹8.2 L/yr - ₹19 L/yr 30% more
Login to view exact salary
ICICI Bank Senior Collections Manager Salary 12 - 16 years exp. (6 salaries)	₹9.2 L/yr - ₹14 L/yr 24% more
Axis Bank Senior Collections Manager Salary 5 - 17 years exp. (6 salaries)	₹12.2 L/yr - ₹13.3 L/yr 30% more
Jana Small Finance Bank Senior Collections Manager Salary 14 - 20 years exp. (5 salaries)	₹5.3 L/yr - ₹6 L/yr 44% less

Senior Collections Manager salary at Axis Max Life Insurance ranges between ₹8 Lakhs to ₹12 Lakhs per year for employees with experience between 14 years to 21 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Max Life Insurance.

Experience wise Axis Max Life Insurance Senior Collections Manager salaries

Last Updated: 4 Mar 2025

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
Login to view exact salary
15+ years (3 salaries)	₹8 L/yr - ₹12 L/yr

Similar Designation salaries in Axis Max Life Insurance

Regional Collection Manager Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Collections Manager Salary

(AmbitionBox Estimate)

₹8.2 L/yr - ₹10.5 L/yr

Collection Officer Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Relationship Manager Salary

(503 salaries)

₹1.1 L/yr - ₹7.03 L/yr

Collection Associate Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Cluster Manager Salary

(204 salaries)

₹5 L/yr - ₹14 L/yr

Branch Manager Salary

(140 salaries)

₹7 L/yr - ₹14 L/yr

Agency Manager Salary

(160 salaries)

₹2.2 L/yr - ₹6 L/yr

Area Manager Salary

(278 salaries)

₹4.2 L/yr - ₹13.5 L/yr

Deputy Manager Salary

(812 salaries)

₹2.4 L/yr - ₹8.5 L/yr

Salary related reviews for Axis Max Life Insurance

Deputy Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 05 Jan 2024

1.0

for Salary and Benefits

Likes

To be very honest . Leaders are not at all good. They don’t treat people with respect. Just Bogus Company I ever worked with.

Dislikes

Everything. Full of Politics. Managers and leaders are not at all good.. Doesn’t provide Exact salary. And the KRA’s don’t match what they said during Interview.

Salary - Bad

+6 more

Branch Manager

Sales BD Department

5.0

• posted on 21 Dec 2018

5.0

for Salary and Benefits

Likes

It was very nice expierence to work with Max,very good teammates, nice growth appraisal excellent good salary Yes there is politics ay higher level high mode learning as per industry standards. It was turning point of my life.

Salary - Excellent

+6 more

Dislikes

Nothing Nothing Nothing

Data Scientist in Gurgaon / Gurugram

Full Time

Data Science & Analytics Department

3.0

• posted on 01 Aug 2024

3.0

for Salary and Benefits

Likes

Office Space Multiple business problems to solve.

Dislikes

Salary Too much office politics. Sometimes good work is limited to some folks. Career growth opportunities are limited to only some section of the teams

Company culture - Poor

+1 more

Relationship Associate in Raipur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Jul 2024

1.0

for Salary and Benefits

Likes

Job security

Dislikes

Appraisal depends upon reporting manager, new candidates came with higher package but old employees voice can not get into company ear because of team leaders. Competition are very good in this situation.

Salary - Bad

+5 more

Associate Sales Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 01 Oct 2024

2.0

for Salary and Benefits

Likes

Salary on time

Dislikes

Worst management and HR. Management torture Lower level staff for business. Even HR also support manager and they take concall for business. Worst working conditions in Max life Cooperative banca channel I have seen in my life time.

Salary - Poor

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Axis Max Life Insurance

View All

a senior marketing manager

Aiming for a Big Career Jump targeting Senior Profiles in Marketing/Ecommerce?

Want to take on to VP Marketing level job opportunities with base in Delhi NCR. What my path should look like? Profile: Based out of Delhi NCR, 11 yoe in content marketing (across corporate+startups), Sr. Manager Digital Marketing

Got a question about Axis Max Life Insurance?

Ask anonymously on communities.

Axis Max Life Insurance Senior Collections Manager Salary FAQs

What is the salary of Senior Collections Manager at Axis Max Life Insurance ?

The average salary of a Senior Collections Manager at Axis Max Life Insurance in India typically ranges from ₹8.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 14 years to 21 years).

The top 10% of Senior Collections Manager at Axis Max Life Insurance earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Senior Collections Manager Salaries at Axis Max Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Axis Max Life Insurance employees in India.

What is the estimated take home salary of a Senior Collections Manager at Axis Max Life Insurance in India?

The estimated take-home salary of a Senior Collections Manager at Axis Max Life Insurance in India typically ranges from ₹72,177 to ₹74,038 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 14 years to 21 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Axis Max Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Axis Max Life Insurance for Senior Collections Manager in India?

Axis Bank	₹12.2 Lakhs to ₹13.3 Lakhs per year
IDFC FIRST Bank	₹8.2 Lakhs to ₹19.0 Lakhs per year
ICICI Bank	₹9.2 Lakhs to ₹14.0 Lakhs per year
Yes Bank	₹8.0 Lakhs to ₹17.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Max Life Insurance, depending on the role and experience level.

What is the salary of a Senior Collections Manager in companies similar to Axis Max Life Insurance in India?

The salary of a Senior Collections Manager at companies similar to Axis Max Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Jana Small Finance Bank

₹5.3 Lakhs to ₹6.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Collections Manager at Axis Max Life Insurance in India?

The salary growth for a Senior Collections Manager at Axis Max Life Insurance depends on factors such as experience, performance, and promotions. On average, a Senior Collections Manager can expect the following growth trajectory at Axis Max Life Insurance:

Experience	Average Salary Range
14 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
15 years	₹8.0 Lakhs to ₹12.0 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Axis Max Life Insurance Salaries >
Axis Max Life Insurance Senior Collections Manager Salaries

Axis Max Life Insurance Senior Collections Manager salary in India ranges between ₹8 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Axis Max Life Insurance latest salaries received from various employees of Axis Max Life Insurance.