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HDFC Bank

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3.9

based on 38.1k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HDFC Bank Area Collection Manager salaries in Indore

Annual salary range
16 - 18 years exp.
₹8.5 Lakhs - ₹20 Lakhs
Salary of majority employees
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55% more than the average Area Collection Manager Salary in Banking Companies for 16 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Collection Manager Salary
16 - 18 years exp. (AmbitionBox Estimate)
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₹8.5 L/yr - ₹20 L/yr

Risk Management & Compliance
Area Collection Manager Salary
16 - 17 years exp. (AmbitionBox Estimate)
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₹14.8 L/yr - ₹18.8 L/yr

Last Updated: 16 Jan 2025

Companies similar to HDFC Bank for Area Collection Manager in Indore

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HDFC Bank Area Collection Manager Salary

16 - 18 years exp. (4 salaries)

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₹8.5 L/yr - ₹20 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Area Collection Manager Salary

9 - 15 years exp. (6 salaries)

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₹6.8 L/yr - ₹10.5 L/yr

arrow icon 29% less
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Axis Bank Area Collection Manager Salary

11 - 20 years exp. (10 salaries)

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₹9.4 L/yr - ₹18 L/yr

arrow icon 20% less
1 job opening
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IDFC FIRST Bank Area Collection Manager Salary

11 - 12 years exp. (4 salaries)

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₹10 L/yr - ₹14.3 L/yr

arrow icon 12% less
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₹3.5 L/yr - ₹5.5 L/yr

arrow icon 73% less
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L&T Finance Area Collection Manager Salary

5 - 13 years exp. (13 salaries)

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₹4 L/yr - ₹10.7 L/yr

arrow icon 47% less
Area Collection Manager salary at HDFC Bank ranges between ₹8.5 Lakhs to ₹20 Lakhs per year for employees with experience between 16 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Area Collection Manager in Indore

1w ago
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17 years exp.
6mo ago
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18 years exp.
8mo ago
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16 years exp.
1y ago
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16 years exp.

Experience wise HDFC Bank Area Collection Manager salaries in Indore

Last Updated: 16 Jan 2025

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹8.5 L/yr - ₹20 L/yr

Similar Designation salaries in HDFC Bank

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₹2.5 L/yr - ₹3.05 L/yr

Top skills at HDFC Bank for Area Collection Manager

Team Management Collection Management Team Handling Negotiation Communication Skills Retail Assets Recovery Management

Salary related reviews for HDFC Bank

4.8

Rated by 2 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 28 Jan 2023

3.0
 for  Salary and Benefits

Likes

Bank is good for gaining the knowledge and its a great place to work . One person can think to work till retirement from this organisation

read more
  • Skill development - Good
    +5 more

Dislikes

Employees are underpaid , as per their experience and grade. Bank HR must check the salary components in comparison to other market players.

read more

Full Time

 · 

Other Department

3.0
  •  posted on 09 Jul 2023

1.0
 for  Salary and Benefits

Likes

Bank's collection processes and guidelines are good. Bank prefer work life balance.

  • Work-life balance - Excellent

Dislikes

Incentives, bonus and increment is worst and lower than other bank and NBFCs. Incentives are not available for collection team. Infrastructure like workstations, printer are not available for spokes locations managers.

read more
  • Salary - Bad
    +3 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 04 Dec 2024

4.0
 for  Salary and Benefits

Likes

All are good job security, work life balance, Job satisfaction, Skills and knowledge development, these are all is good

  • Salary - Good
    +6 more

Dislikes

Salary is not good. This company is a few things restricted to incentive and bonus and employee service not good. I am not satisfaction. These are all not good

read more

Full Time

 · 

Risk Management & Compliance Department

4.0
  •  posted on 13 Nov 2024

3.0
 for  Salary and Benefits

Likes

Working Hours (9:30 to 5:30 some time 9:30 to 7:30(occasionally) Work Pressure is very low in debt recovery or collections department if, you compare the same with other companies. Job security

read more
  • Job security - Excellent
    +2 more

Dislikes

Salary increment (3 rating 4%, 2 rating 5 to 6%, 1 rating 7% to 9 % approximately) Bonus structure

read more
  • Promotions - Poor

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 09 Oct 2024

2.0
 for  Salary and Benefits

Likes

Salary comes on time.

Dislikes

There is no one in the bank to explain And the ones that are old, new people treat them differently, & Timing is a big issue, like coming to the bank is on time but leaving is not fixed And there is a lot more to write but it cannot be completed in one line

read more
  • Salary - Poor
    +5 more
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HDFC Bank Area Collection Manager Salary FAQs

What is the salary of Area Collection Manager at HDFC Bank Indore?
Area Collection Manager salary at HDFC Bank in Indore ranges between ₹8.5 Lakhs to ₹20.0 Lakhs for experience between 16 years to 18 years. According to our estimates it is 55% more than the average Area Collection Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Bank Indore.
How does the salary of a Area Collection Manager at HDFC Bank Indore compare with the average salary range for this job?
The average salary of a Area Collection Manager at HDFC Bank is 55% more than the average salary of a Area Collection Manager in Indore. To know exact salary insights, login to view.
What are the top skills required to work as a Area Collection Manager at HDFC Bank?
Team Management, Collection Management, Team Handling, Negotiation and Communication Skills are some of the popular skills required to work as a Area Collection Manager at HDFC Bank Indore.
What is the salary of a Area Collection Manager in companies similar to HDFC Bank in Indore?
  • IDFC FIRST Bank Area Collection Manager Salary - ₹10.0 Lakhs to ₹14.3 Lakhs per year
  • Axis Bank Area Collection Manager Salary - ₹9.4 Lakhs to ₹18.0 Lakhs per year
  • ICICI Bank Area Collection Manager Salary - ₹6.8 Lakhs to ₹10.5 Lakhs per year
  • L&T Finance Area Collection Manager Salary - ₹4.0 Lakhs to ₹10.7 Lakhs per year
  • Jana Small Finance Bank Area Collection Manager Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year
What is the estimated take home salary of a Area Collection Manager at HDFC Bank in Indore?
The estimated take-home salary of a Area Collection Manager at HDFC Bank ranges between ₹1,01,411 per month to ₹1,04,178 per month in Indore. The take-home salary calculation is based on the average HDFC Bank Area Collection Manager salary in India which ranges between ₹8.5 Lakhs to ₹20.0 Lakhs per year for employees with experience between 16 years to 18 years. Check how did we calculate take home salary?
What is the notice period for Area Collection Manager at HDFC Bank in Indore?
According to AmbitionBox, 100% of the HDFC Bank Area Collection Managers in Indore reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Bank Area Collection Manager salary in Indore ranges between ₹8.5 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 HDFC Bank latest salaries received from various employees of HDFC Bank.