Federal Bank Collections Manager Salaries by 6 Employees (Updated 2025)

4 - 7 years exp.

₹5.7 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

21% more than the average Collections Manager Salary in Banking Companies for 4 - 7 years of experience

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Salaries in different departments

Finance & Accounting Collections Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹8 L/yr
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BFSI, Investments & Trading Collections Manager Salary 4 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.3 L/yr

Last Updated: 3 Jan 2025

Companies similar to Federal Bank for Collections Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collections Manager Salary 0 - 18 years exp. (866 salaries)	₹2 L/yr - ₹11.1 L/yr 4% less	4 job openings
ICICI Bank Collections Manager Salary 3 - 15 years exp. (329 salaries)	₹2.5 L/yr - ₹12 L/yr 8% more
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Axis Bank Collections Manager Salary 4 - 14 years exp. (293 salaries)	₹2.6 L/yr - ₹12.6 L/yr 7% more
State Bank of India Collections Manager Salary 6 - 10 years exp. (4 salaries)	₹5.4 L/yr - ₹6.7 L/yr 6% less
Kotak Mahindra Bank Collections Manager Salary 3 - 15 years exp. (233 salaries)	₹2 L/yr - ₹9.8 L/yr 9% less
IndusInd Bank Collections Manager Salary 1 - 14 years exp. (196 salaries)	₹1.5 L/yr - ₹10.1 L/yr 9% less	7 job openings
Yes Bank Collections Manager Salary 4 - 15 years exp. (135 salaries)	₹4.2 L/yr - ₹10.5 L/yr 13% more	1 job opening
IDFC FIRST Bank Collections Manager Salary 1 - 11 years exp. (575 salaries)	₹2 L/yr - ₹10.9 L/yr 3% less
RBL Bank Collections Manager Salary 3 - 10 years exp. (63 salaries)	₹2.2 L/yr - ₹10 L/yr 17% less
Bandhan Bank Collections Manager Salary 2 - 13 years exp. (41 salaries)	₹3.5 L/yr - ₹9.9 L/yr 22% less
Jana Small Finance Bank Collections Manager Salary 2 - 13 years exp. (81 salaries)	₹2 L/yr - ₹5.7 L/yr 44% less
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Utkarsh Small Finance Bank Collections Manager Salary 2 - 11 years exp. (20 salaries)	₹2.2 L/yr - ₹6.5 L/yr 41% less
Ujjivan Small Finance Bank Collections Manager Salary 0 - 9 years exp. (14 salaries)	₹1.8 L/yr - ₹8 L/yr 30% less
Karur Vysya Bank Collections Manager Salary 4 - 11 years exp. (5 salaries)	₹5.2 L/yr - ₹7.5 L/yr 3% less
IDBI Bank Collections Manager Salary 13 - 14 years exp. (3 salaries)	₹20 L/yr - ₹22 L/yr 207% more

Collections Manager salary at Federal Bank ranges between ₹5.7 Lakhs to ₹8 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Collections Manager salaries

Last Updated: 3 Jan 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹6.3 L/yr
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6 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)	₹8 L/yr - ₹8 L/yr

Similar Designation salaries in Federal Bank

Collection Officer Salary

(AmbitionBox Estimate)

₹10.4 L/yr - ₹13.2 L/yr

Branch Collection Manager Salary

(5 salaries)

₹4.5 L/yr - ₹6.2 L/yr

Cluster Manager Salary

(3 salaries)

₹0.8 L/yr - ₹6 L/yr

Relationship Manager Salary

(220 salaries)

₹2 L/yr - ₹4.9 L/yr

Branch Manager Salary

(47 salaries)

₹8.55 L/yr - ₹20 L/yr

Area Manager Salary

(3 salaries)

₹6.2 L/yr - ₹10 L/yr

Deputy Manager Salary

(6 salaries)

₹4.5 L/yr - ₹13.8 L/yr

Regional Collection Manager Salary

(3 salaries)

₹17 L/yr - ₹20 L/yr

Sales Executive Salary

(39 salaries)

₹1.9 L/yr - ₹3.25 L/yr

Team Lead Salary

(6 salaries)

₹3.33 L/yr - ₹4 L/yr

Salary related reviews for Federal Bank

Branch Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 May 2022

4.0

for Salary and Benefits

Likes

... 2. HR policies are favorable for employees. 3. Sales pressure is moderate. 4. Joining salary is one of the best in the industry.

Dislikes

1. Unclear process for business development. 2. Union culture, a hurdle in work culture. 3. Learning is confined. 4. No performance linked incentive & annual increments are peanuts.

Sales Manager in Visakhapatnam

Full Time

Sales & Business Development Department

1.0

• posted on 25 Dec 2024

2.0

for Salary and Benefits

Likes

One small joke without infrom direct immediately reliving with last month salary also cut.... Total my bank career this organization worst feeling my carrer, Any one not joining this organization , if u join your career kollab

Dislikes

This organization without information direct immediately reliving and lost month salary also cut total my bank career this organization worst feeling my career, any one not joining this organization my suggestion

Associate in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 24 Nov 2024

5.0

for Salary and Benefits

Likes

Pay scale is good, less Pressure,

Dislikes

Policy and sales pressure as someone who want to learn more about wealth management and investment, I'm stuck in log-in days this learning curve is bad some Officers are treating customer as it's late 90s where they can move customer from counter to counter and delay paper work, not realising that it is also affecting other's efficiency as well. last but not least Transfer policy, not able to move to a desired location even if Mutual agreement is there

Assistant Manager in Khambhalia

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Only salary and perks are good

Dislikes

and if talking about work life balance no such thing lies in Federal Bank. No one care about you if you're posted in rural branch you'll be like nothing for management. No one will talk about your career growth this is pathetic about federal bank

Assistant Manager Operations in Kochi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 14 May 2024

5.0

for Salary and Benefits

Likes

Salary and other compensation reimbursement and job security

Dislikes

Work life balance is worst.. if sales is not your thing you wont get any credit for other operational work done by you. Banking is all about selling insurance products

see more salary related reviews

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I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Federal Bank Collections Manager Salary FAQs

What is the salary of Collections Manager at Federal Bank?

Collections Manager salary at Federal Bank in India ranges between ₹5.7 Lakhs to ₹8.0 Lakhs for experience between 4 years to 7 years. According to our estimates it is 21% more than the average Collections Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Federal Bank India.

How does the salary of a Collections Manager at Federal Bank India compare with the average salary range for this job?

The average salary of a Collections Manager at Federal Bank is 21% more than the average salary of a Collections Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Federal Bank to a Collections Manager in India?

IDBI Bank Collections Manager Salary - ₹20.0 Lakhs to ₹22.0 Lakhs per year
Yes Bank Collections Manager Salary - ₹4.2 Lakhs to ₹10.5 Lakhs per year
ICICI Bank Collections Manager Salary - ₹2.5 Lakhs to ₹12.0 Lakhs per year
Axis Bank Collections Manager Salary - ₹2.6 Lakhs to ₹12.6 Lakhs per year

What is the salary of a Collections Manager in companies similar to Federal Bank in India?

Karur Vysya Bank Collections Manager Salary - ₹5.2 Lakhs to ₹7.5 Lakhs per year
IDFC FIRST Bank Collections Manager Salary - ₹2.0 Lakhs to ₹10.9 Lakhs per year
HDFC Bank Collections Manager Salary - ₹2.0 Lakhs to ₹11.1 Lakhs per year
State Bank of India Collections Manager Salary - ₹5.4 Lakhs to ₹6.7 Lakhs per year
IndusInd Bank Collections Manager Salary - ₹1.5 Lakhs to ₹10.1 Lakhs per year

What is the estimated take home salary of a Collections Manager at Federal Bank in India?

The estimated take-home salary of a Collections Manager at Federal Bank ranges between ₹51,494 per month to ₹52,708 per month in India. The take-home salary calculation is based on the average Federal Bank Collections Manager salary in India which ranges between ₹5.7 Lakhs to ₹8.0 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Collections Manager at Federal Bank?

According to AmbitionBox, 100% of the Federal Bank Collections Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Federal Bank Collections Manager Salaries

Federal Bank Collections Manager salary in India ranges between ₹5.7 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Federal Bank latest salaries received from various employees of Federal Bank.