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HDFC Bank Area Collection Manager salaries in Indore (Updated 2025)

Annual salary range
16 - 18 years exp.
₹8.5 Lakhs - ₹20 Lakhs
Salary of majority employees
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43% 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 27% less
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Axis Bank Area Collection Manager Salary

11 - 21 years exp. (11 salaries)

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₹9.4 L/yr - ₹18 L/yr

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

11 - 12 years exp. (5 salaries)

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₹10 L/yr - ₹13 L/yr

arrow icon 9% less
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₹3.5 L/yr - ₹5.5 L/yr

arrow icon 71% less
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₹7.9 L/yr - ₹13.8 L/yr

arrow icon 28% 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

1mo ago
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17 years exp.
8mo ago
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18 years exp.
9mo 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
HDFC Bank Area Collection Manager Salary and Career Growth

From

To

Area Collection Manager

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10 - 22 years exp.

Regional Credit Manager

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9 - 24 years exp.

Area Collection Manager 10 - 22 years exp.
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Area Credit Manager 5 - 18 years exp.
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arrow icon 36% hike
    Regional Credit Manager 9 - 24 years exp.
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    arrow icon 74% hike

    From

    To

    Area Collection Manager

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    10 - 22 years exp.

    Deputy Vice President

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    10 - 25 years exp.

    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in HDFC Bank

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    ₹1.5 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
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    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

    3.0
      •  posted on 09 Feb 2025

    2.0
     for  Salary and Benefits

    Likes

    1.Good brand value in market. 2.Variety of products.

    • Skill development - Good
    • +1 more

    Dislikes

    1. They demands multiple products to sell at same time. 2. Senior managers are taking very high salary with less productive and ideas and they just do 2-3 hrs concall with staffs every day. 3. Unwanted pressure on so many things.

    read more
    • Salary - Poor
    • +1 more

    Full Time

     · 

    Finance & Accounting Department

    5.0
      •  posted on 06 Feb 2025

    5.0
     for  Salary and Benefits

    Likes

    strong brand reputation, dynamic work environment, excellent learning and development opportunities, supportive culture, focus on customer service, good career growth prospects, competitive compensation, and the ability to develop strong sales and financial management skills

    read more
    • Salary - Excellent
    • +6 more

    Dislikes

    SALARY ISSUE

    Full Time

     · 

    Finance & Accounting Department

    5.0
      •  posted on 27 Jan 2025

    5.0
     for  Salary and Benefits

    Likes

    good learning and development opportunities, strong reputation in the banking industry, competitive salary and incentives, job security, and a culture that encourages professional growth

    read more
    • Salary - Excellent
    • +6 more

    Dislikes

    intense work pressure, poor work-life balance, long working hours, excessive sales targets, lack of career progression, inconsistent management practices, and a sometimes toxic work culture;

    read more
    see more salary related reviews

    Discover interview dos and don'ts from real experiences

    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 43% 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 43% 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?
    • Axis Bank Area Collection Manager Salary - ₹9.4 Lakhs to ₹18.0 Lakhs per year
    • IDFC FIRST Bank Area Collection Manager Salary - ₹10.0 Lakhs to ₹13.0 Lakhs per year
    • ICICI Bank Area Collection Manager Salary - ₹6.8 Lakhs to ₹10.5 Lakhs per year
    • Cholamandalam Investment & Finance Area Collection Manager Salary - ₹7.9 Lakhs to ₹13.8 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 ₹98,655 per month to ₹1,01,333 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 3 responses on AmbitionBox in last 2 years.

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    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.

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