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DCB Bank Collection Associate salaries in Mumbai (Updated 2025)

Annual salary range
3 - 6 years exp.
₹3 Lakhs - ₹3.8 Lakhs
Salary of majority employees
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9% more than the average Collection Associate Salary in Banking Companies for 3 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Collection Associate Salary
3 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹3.8 L/yr

Customer Success, Service & Operations
Collection Associate Salary
6 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.4 L/yr

Last Updated: 18 Jan 2025

Companies similar to DCB Bank for Collection Associate in Mumbai

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DCB Bank Collection Associate Salary

3 - 6 years exp. (4 salaries)

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₹3 L/yr - ₹3.8 L/yr

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Company name Avg Annual Salary Open Jobs
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₹2.1 L/yr - ₹4.5 L/yr

arrow icon 2% less
3 job openings
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₹3 L/yr - ₹4.2 L/yr

arrow icon 4% more
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Kissht Finance Collection Associate Salary

0 - 3 years exp. (4 salaries)

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₹1.8 L/yr - ₹2.6 L/yr

arrow icon 38% less
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₹3.8 L/yr - ₹4.2 L/yr

arrow icon 19% more
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Shriram Finance Collection Associate Salary

4 - 6 years exp. (3 salaries)

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₹3.5 L/yr - ₹4.1 L/yr

arrow icon 8% more
Collection Associate salary at DCB Bank ranges between ₹3 Lakhs to ₹3.8 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of DCB Bank.

Latest annual salaries shared by DCB Bank Collection Associate in Mumbai

2mo ago
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6 years exp.

Experience wise DCB Bank Collection Associate salaries in Mumbai

Last Updated: 18 Jan 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.9 L/yr

Similar Designation salaries in DCB Bank

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₹2.3 L/yr - ₹6.66 L/yr
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₹5 L/yr - ₹11 L/yr
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₹3 L/yr - ₹4.01 L/yr

Top skills at DCB Bank for Collection Associate

MIS Legal Training Sales Collection Management Collections Monitoring Management Field Work Communication Skills Inventory Management Telecalling Vendor Recovery Operations UAT

Salary related reviews for DCB Bank

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 24 Oct 2024

4.0
 for  Salary and Benefits

Likes

They are giving good salary package.

  • Salary - Good

Dislikes

There are so many politics.no support from superior.all case were set by credit team. whether it legal or technical all decisions given by credit team Only.i strongly recommend don't join this organisation for business purpose.

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 21 Jul 2024

3.0
 for  Salary and Benefits

Likes

Only good thing about this bank is salary hike. If you're looking for salary hike up to 70% only then join this bank.

read more

Dislikes

Work culture is very poor. pressure will be built since day one. Their products are very limited but their expectations are very high. You need to have a lot of references to survive in this bank.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 12 Apr 2024

2.0
 for  Salary and Benefits

Likes

The work culture is really good There are company events and parties almost every month Really good training program Very supportive managers

read more
  • Promotions - Good
  • +1 more

Dislikes

...ng at month ends You may have to stay at the branch the whole night to disburse your case Credit team is very slow Half your salary will be gone in travelling

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Other Department

2.0
  •  posted on 21 Dec 2023

3.0
 for  Salary and Benefits

Likes

Agree with work life balance but not good culture.

  • Work-life balance - Excellent

Dislikes

...am work at branch level work. Operations and Sales both are differently working. Operations people are seating ideal and getting good salary and bonus as well. Pls change the culture otherwise attrition will be higher in future. They are the liability for the organization and if you compare with other organizations, operations people are enjoying a lot. Pls change the culture 🙏

read more
  • Skill development - Bad
  • +4 more

Financial Services Department

5.0
  •  posted on 30 Dec 2020

5.0
 for  Salary and Benefits

Likes

...ironment and culture.Teammates are supportive and the management is transparent. Company policies are good appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is bond of two years before Which you cannot resign.

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DCB Bank Collection Associate Salary FAQs

What is the salary of Collection Associate at DCB Bank in Mumbai?
The average salary of a Collection Associate at DCB Bank in Mumbai typically ranges from ₹3.0 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Collection Associate in Mumbai at DCB Bank earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Collection Associate Salaries at DCB Bank 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 DCB Bank employees in India.
What is the estimated take home salary of a Collection Associate at DCB Bank in Mumbai?
The estimated take-home salary of a Collection Associate at DCB Bank in Mumbai typically ranges from ₹24,612 to ₹26,056 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 3 years to 6 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 DCB Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Collection Associate at DCB Bank in Mumbai?
To be a Collection Associate at DCB Bank in Mumbai, the key skills required include:

  • - MIS
  • - Legal
  • - Training
  • - Sales
  • - Collection Management

These skills are highly valued at DCB Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than DCB Bank for Collection Associate in India?
Epicenter Technologies ₹3.8 Lakhs to ₹4.2 Lakhs per year
Shriram Finance ₹3.5 Lakhs to ₹4.1 Lakhs per year
First Credit Services ₹3.0 Lakhs to ₹4.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by DCB Bank, depending on the role and experience level.
What is the salary of a Collection Associate in companies similar to DCB Bank in Mumbai?
The salary of a Collection Associate at companies similar to DCB Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDB Financial Services ₹2.1 Lakhs to ₹4.5 Lakhs per year
Kissht Finance ₹1.8 Lakhs to ₹2.6 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 Collection Associate at DCB Bank in Mumbai?
The salary growth for a Collection Associate at DCB Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Collection Associate in Mumbai can expect the following growth trajectory at DCB Bank:

Experience Average Salary Range
3 years ₹2.9 Lakhs to ₹3.8 Lakhs per year
4 years ₹3.0 Lakhs to ₹3.8 Lakhs per year
5 years ₹3.0 Lakhs to ₹3.9 Lakhs per year
6 years ₹3.0 Lakhs to ₹3.9 Lakhs per year
and so on.

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DCB Bank Collection Associate salary in Mumbai ranges between ₹3 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 DCB Bank latest salaries received from various employees of DCB Bank.