Equitas Small Finance Bank Madurai Collections Manager Salaries by 4 Employees

3 - 14 years exp.

₹2.2 Lakhs - ₹3.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

36% less than the average Collections Manager Salary in Banking Companies for 3 - 14 years of experience

Interested in this particular role?

Last Updated: 11 Mar 2023

Companies similar to Equitas Small Finance Bank for Collections Manager in Madurai

Equitas Small Finance Bank Collections Manager Salary

3 - 14 years exp. (4 salaries)

₹2.2 L/yr - ₹3.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Yes Bank Collections Manager Salary 6 - 11 years exp. (4 salaries)	₹5.4 L/yr - ₹8.4 L/yr 112% more	3 job openings
Jana Small Finance Bank Collections Manager Salary 4 - 6 years exp. (3 salaries)	₹3.3 L/yr - ₹4.8 L/yr 13% more
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Veritas Finance Collections Manager Salary 4 - 7 years exp. (5 salaries)	₹2 L/yr - ₹3.2 L/yr 15% less
Shriram Finance Collections Manager Salary 2 - 7 years exp. (5 salaries)	₹2.4 L/yr - ₹3.8 L/yr 1% more
L&T Finance Collections Manager Salary 5 - 12 years exp. (5 salaries)	₹4.2 L/yr - ₹5.7 L/yr 58% more

Collections Manager salary at Equitas Small Finance Bank ranges between ₹2.2 Lakhs to ₹3.9 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Equitas Small Finance Bank.

Experience wise Equitas Small Finance Bank Collections Manager salaries in Madurai

Last Updated: 11 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
9 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
10 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
11 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
12 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
13 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
14 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr

View all

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Salary related reviews for Equitas Small Finance Bank

Deputy Manager in Chennai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Dec 2024

4.0

for Salary and Benefits

Likes

My manager and head Ma’am are very approachable. Always there to guide both personally and professionally. It is like family.

Salary - Good

+4 more

Dislikes

No proper parking No personal life balance Should give pay for working on holiday internal job posting should be opened to everyone as sometimes due to experience eligibility we lose the opportunity

Recovery Manager in Palwal

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 26 Nov 2024

5.0

for Salary and Benefits

Likes

...s within reach and there's a strong emphasis on teamwork and open communication. The employee benefits are very good too, including health insurance, performance-based incentives, and a competitive salary. The work-life balance is excellent allowing me to manage my personal and professional life effectively. Moreover, the job security at Equitas is reassuring, with the bank's strong growth and commitment to its employees. Overall, Equitas offers a great work environment, and I am proud to be a part of this organization.

Salary - Excellent

+6 more

Dislikes

There is Nothing to dislike about Equitas Small Finance Bank

Collection Officer in Chennai

Finance & Accounting Department

5.0

• posted on 16 Mar 2022

4.0

for Salary and Benefits

Likes

...od work and work culture as to supports teammates and management is transparent.the company policies are good,appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

Nothing to say dislike Equitas small finance bank

Branch Manager in Warud

BFSI, Investments & Trading Department

4.0

• posted on 14 Mar 2018

5.0

for Salary and Benefits

Likes

Teammates,training,job security, career growth, salary/appraisal,travail, work environment etc.

Salary - Excellent

+5 more

Dislikes

Compensation is decent,the work pressure is very high.ssometims, I have to work 14-18 hours straight ins day as I have to attend client calls in theevening and sometimes late in to night.

Credit Officer in Pattukkottai

Full Time

Finance & Accounting Department

1.0

• posted on 14 Mar 2025

2.0

for Salary and Benefits

Likes

Easy placement, once you give resume they call you to join before get offer letter. That's one thing only positive

Job security - Good

Dislikes

Lac of career growth, work life balance, salary hike is too low even you work for long year, You should ready to work for anytime even day and night, without any welfare. There is no any comb off leave and medical leave. It very miserly on work infrastructure.

Salary - Poor

+5 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Equitas Small Finance Bank Collections Manager Salary FAQs

What is the salary of Collections Manager at Equitas Small Finance Bank in Madurai?

The average salary of a Collections Manager at Equitas Small Finance Bank in Madurai typically ranges from ₹2.2 Lakhs to ₹3.9 Lakhs per year, depending on experience (from 3 years to 14 years).

The top 10% of Collections Manager in Madurai at Equitas Small Finance Bank earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹3.9 Lakhs per year. Collections Manager Salaries at Equitas Small Finance 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 Equitas Small Finance Bank employees in India.

What is the estimated take home salary of a Collections Manager at Equitas Small Finance Bank in Madurai?

The estimated take-home salary of a Collections Manager at Equitas Small Finance Bank in Madurai typically ranges from ₹25,602 to ₹27,031 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.9 Lakhs per year for employees with experience ranging from 3 years to 14 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 Equitas Small Finance Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Equitas Small Finance Bank for Collections Manager in India?

Yes Bank	₹5.4 Lakhs to ₹8.4 Lakhs per year
L&T Finance	₹4.2 Lakhs to ₹5.7 Lakhs per year
Jana Small Finance Bank	₹3.3 Lakhs to ₹4.8 Lakhs per year
Shriram Finance	₹2.4 Lakhs to ₹3.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Equitas Small Finance Bank, depending on the role and experience level.

What is the salary of a Collections Manager in companies similar to Equitas Small Finance Bank in Madurai?

The salary of a Collections Manager at companies similar to Equitas Small Finance Bank in Madurai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Veritas Finance

₹2.0 Lakhs to ₹3.2 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 Collections Manager at Equitas Small Finance Bank in Madurai?

The salary growth for a Collections Manager at Equitas Small Finance Bank in Madurai depends on factors such as experience, performance, and promotions. On average, a Collections Manager in Madurai can expect the following growth trajectory at Equitas Small Finance Bank:

Experience	Average Salary Range
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
5 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
6 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Equitas Small Finance Bank Collections Manager Salaries in Madurai

Equitas Small Finance Bank Collections Manager salary in Madurai ranges between ₹2.2 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Equitas Small Finance Bank latest salaries received from various employees of Equitas Small Finance Bank.