HDFC Bank Mumbai Area Collection Manager Salaries by 10 Employees (Updated 2025)

11 - 22 years exp.

₹9.8 Lakhs - ₹26 Lakhs

Salary of majority employees

72% more than the average Area Collection Manager Salary in Banking Companies for 11 - 22 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Collection Manager Salary 15 - 21 years exp. (4 salaries)	₹12 L/yr - ₹26 L/yr
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Risk Management & Compliance Area Collection Manager Salary 13 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹21 L/yr

Last Updated: 17 Mar 2025

Companies similar to HDFC Bank for Area Collection Manager in Mumbai

HDFC Bank Area Collection Manager Salary

11 - 22 years exp. (10 salaries)

₹9.8 L/yr - ₹26 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Area Collection Manager Salary 8 - 16 years exp. (16 salaries)	₹9.5 L/yr - ₹16 L/yr 19% less
ICICI Bank Area Collection Manager Salary 10 - 17 years exp. (15 salaries)	₹7.2 L/yr - ₹15 L/yr 32% less
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Jana Small Finance Bank Area Collection Manager Salary 2 - 9 years exp. (8 salaries)	₹1 L/yr - ₹4.3 L/yr 78% less
Kotak Mahindra Bank Area Collection Manager Salary 6 - 17 years exp. (7 salaries)	₹7.3 L/yr - ₹12.3 L/yr 34% less
Axis Bank Area Collection Manager Salary 14 - 21 years exp. (4 salaries)	₹10.6 L/yr - ₹17 L/yr 17% less
IndusInd Bank Area Collection Manager Salary 12 - 15 years exp. (3 salaries)	₹6 L/yr - ₹14.7 L/yr 34% less	1 job opening
Ujjivan Small Finance Bank Area Collection Manager Salary 11 - 13 years exp. (3 salaries)	₹9.8 L/yr - ₹11.3 L/yr 36% less

Area Collection Manager salary at HDFC Bank ranges between ₹9.8 Lakhs to ₹26 Lakhs per year for employees with experience between 11 years to 22 years. Salary estimates are based on 10 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Area Collection Manager salaries in Mumbai

Last Updated: 17 Mar 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
12 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.6 L/yr
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13 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.4 L/yr
14 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.2 L/yr
15+ years (8 salaries)	₹9.8 L/yr - ₹26 L/yr

From

Area Collection Manager

₹

Lakhs/yr

10 - 22 years exp.

Regional Credit Manager

₹

Lakhs/yr

9 - 24 years exp.

Area Collection Manager 10 - 22 years exp.

Area Credit Manager 5 - 18 years exp.

31% hike

Regional Credit Manager 9 - 24 years exp.

76% hike

From

View 2 more levels

Area Collection Manager

10 - 22 years exp.

Deputy Vice President

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

Collections Manager Salary

(81 salaries)

₹2.85 L/yr - ₹10.5 L/yr

Collection Officer Salary

(41 salaries)

₹1.5 L/yr - ₹3.5 L/yr

Senior Collection Officer Salary

(10 salaries)

₹2.2 L/yr - ₹3.5 L/yr

Area Manager Salary

(3 salaries)

₹11 L/yr - ₹19.5 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

5.0

Rated by 1 employees for salary & benefits

Area Collection Manager in Purnia

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

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.

Area Collection Manager in Deoghar

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.

Salary - Bad

+3 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 25 Mar 2025

2.0

for Salary and Benefits

Likes

Don't have anything to like here

Dislikes

No Work life balance here No opportunity for skill development. No proper salary hike If you and family suffering from anything and u not providing proper productivity due any issue then don't have job security.

Salary - Poor

+5 more

Deputy Manager in Guwahati (working remotely)

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.

Salary - Poor

+1 more

Sales Executive in Jabalpur (working remotely)

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

Salary - Excellent

+6 more

Dislikes

SALARY ISSUE

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDFC Bank Area Collection Manager Salary FAQs

What is the salary of Area Collection Manager at HDFC Bank in Mumbai?

The average salary of a Area Collection Manager at HDFC Bank in Mumbai typically ranges from ₹9.8 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 11 years to 22 years).

The top 10% of Area Collection Manager in Mumbai at HDFC Bank earn more than ₹25.5 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Area Collection Manager Salaries at HDFC 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 10 HDFC Bank employees in India.

What is the estimated take home salary of a Area Collection Manager at HDFC Bank in Mumbai?

The estimated take-home salary of a Area Collection Manager at HDFC Bank in Mumbai typically ranges from ₹1,11,373 to ₹1,14,462 per month. This is based on the average salary range of ₹9.8 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 11 years to 22 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 10 salaries received from various employees of HDFC Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Area Collection Manager at HDFC Bank in Mumbai?

To be a Area Collection Manager at HDFC Bank in Mumbai, the key skills required include:

- Team Management
- Collection Management
- Team Handling
- Negotiation
- Communication Skills

These skills are highly valued at HDFC Bank and are crucial for successful performance in a Software Engineering role.

What is the salary of a Area Collection Manager in companies similar to HDFC Bank in Mumbai?

The salary of a Area Collection Manager at companies similar to HDFC Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹10.6 Lakhs to ₹17.0 Lakhs per year
IDFC FIRST Bank	₹9.5 Lakhs to ₹16.0 Lakhs per year
ICICI Bank	₹7.2 Lakhs to ₹15.0 Lakhs per year
IndusInd Bank	₹6.0 Lakhs to ₹14.7 Lakhs per year
Kotak Mahindra Bank	₹7.3 Lakhs to ₹12.3 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 Area Collection Manager at HDFC Bank in Mumbai?

The salary growth for a Area Collection Manager at HDFC Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Area Collection Manager in Mumbai can expect the following growth trajectory at HDFC Bank:

Experience	Average Salary Range
11 years	₹11.5 Lakhs to ₹14.7 Lakhs per year
12 years	₹12.2 Lakhs to ₹15.6 Lakhs per year
13 years	₹12.8 Lakhs to ₹16.4 Lakhs per year
14 years	₹13.4 Lakhs to ₹17.2 Lakhs per year

and so on.

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HDFC Bank Area Collection Manager Salaries in Mumbai

HDFC Bank Area Collection Manager salary in Mumbai ranges between ₹9.8 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 HDFC Bank latest salaries received from various employees of HDFC Bank.