HDFC Bank Collections Manager Salaries by 1100+ Employees (Updated 2025)

0 - 18 years exp.

₹3 Lakhs - ₹11.1 Lakhs

Salary of majority employees

Avg. annual salary

₹6.5 Lakhs

Fixed (100%)

₹6.5 Lakhs

Variable (0%)

₹0.0

Monthly In-hand Salary

₹50,000 - ₹51,000

Calculate your in-hand salary

17% more than the average Collections Manager Salary in Banking Companies for 0 - 18 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 0 - 18 years exp. (479 salaries)	₹6.7 Lakhs ₹3 L/yr - ₹11.1 L/yr
Finance & Accounting Collections Manager Salary 0 - 17 years exp. (113 salaries)	₹5.8 Lakhs ₹2 L/yr - ₹9.5 L/yr

Customer Success, Service & Operations Collections Manager Salary 1 - 17 years exp. (107 salaries)	₹6.8 Lakhs ₹2 L/yr - ₹10.3 L/yr
Risk Management & Compliance Collections Manager Salary 1 - 16 years exp. (54 salaries)	₹7.6 Lakhs ₹3 L/yr - ₹11 L/yr
Sales & Business Development Collections Manager Salary 0 - 16 years exp. (52 salaries)	₹6.2 Lakhs ₹2.2 L/yr - ₹10 L/yr

Last Updated: 1 Mar 2025

Companies similar to HDFC Bank for Collections Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Collections Manager Salary 3 - 15 years exp. (318 salaries)	₹7.3 Lakhs ₹2.5 L/yr - ₹12 L/yr 11% more
Axis Bank Collections Manager Salary 4 - 14 years exp. (287 salaries)	₹7.4 Lakhs ₹2.6 L/yr - ₹10.8 L/yr 13% more

State Bank of India Collections Manager Salary 6 - 10 years exp. (4 salaries)	₹6.3 Lakhs ₹5.4 L/yr - ₹6.7 L/yr 3% less
Kotak Mahindra Bank Collections Manager Salary 3 - 14 years exp. (302 salaries)	₹6.1 Lakhs ₹1.8 L/yr - ₹9.8 L/yr 6% less
IndusInd Bank Collections Manager Salary 1 - 14 years exp. (200 salaries)	₹6.5 Lakhs ₹2 L/yr - ₹10.1 L/yr 1% less
Yes Bank Collections Manager Salary 4 - 15 years exp. (141 salaries)	₹7.6 Lakhs ₹4.2 L/yr - ₹10.5 L/yr 16% more	2 job openings
Bajaj Finance Collections Manager Salary 0 - 11 years exp. (340 salaries)	₹5 Lakhs ₹1.2 L/yr - ₹9.5 L/yr 24% less
TCS Collections Manager Salary 1 - 18 years exp. (4 salaries)	₹5.4 Lakhs ₹3.5 L/yr - ₹8 L/yr 18% less
Wipro Collections Manager Salary 2 - 20 years exp. (3 salaries)	₹20.5 Lakhs ₹6 L/yr - ₹36 L/yr 214% more
Accenture Collections Manager Salary 11 - 15 years exp. (4 salaries)	₹13.8 Lakhs ₹12 L/yr - ₹17 L/yr 110% more

View all

Average HDFC Bank Collections Manager salary in India is ₹6.5 Lakhs per year for employees with less than 1 year of experience to 18 years. Collections Manager salary at HDFC Bank ranges between ₹3 Lakhs to ₹11.1 Lakhs per year. Salary estimates are based on 1.1k latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Collections Manager

2d ago

₹9 Lakhs

5 years exp.

2d ago

₹5.4 Lakhs

11 years exp.

2d ago

₹5.7 Lakhs

8 years exp.

5d ago

₹5 Lakhs

6 years exp.

5d ago

₹4.7 Lakhs

8 years exp.

5d ago

₹7.2 Lakhs

8 years exp.

6d ago

₹10 Lakhs

9 years exp.

6d ago

₹8.5 Lakhs

6 years exp.

1w ago

₹5.5 Lakhs

11 years exp.

1w ago

₹4.3 Lakhs

8 years exp.

Experience wise HDFC Bank Collections Manager salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
Fresher (12 salaries)	₹4 Lakhs ₹2.2 L/yr - ₹5.5 L/yr
1 year (16 salaries)	₹4.3 Lakhs ₹2.7 L/yr - ₹5 L/yr

2 years (31 salaries)	₹4.6 Lakhs ₹2 L/yr - ₹6.2 L/yr
3 years (43 salaries)	₹4.9 Lakhs ₹1.4 L/yr - ₹7.4 L/yr
4 years (69 salaries)	₹5.2 Lakhs ₹3 L/yr - ₹8 L/yr
5 years (92 salaries)	₹5.4 Lakhs ₹2.3 L/yr - ₹9 L/yr
6 years (99 salaries)	₹5.7 Lakhs ₹3 L/yr - ₹9.2 L/yr
7 years (98 salaries)	₹6 Lakhs ₹3 L/yr - ₹9.4 L/yr
8 years (101 salaries)	₹6.3 Lakhs ₹3 L/yr - ₹10 L/yr
9 years (74 salaries)	₹6.5 Lakhs ₹3.5 L/yr - ₹9.9 L/yr
10 years (111 salaries)	₹6.8 Lakhs ₹3.6 L/yr - ₹10.5 L/yr
11 years (65 salaries)	₹7.1 Lakhs ₹4 L/yr - ₹11 L/yr
12 years (88 salaries)	₹7.4 Lakhs ₹4 L/yr - ₹11 L/yr
13 years (55 salaries)	₹7.6 Lakhs ₹4.5 L/yr - ₹10.5 L/yr
14 years (59 salaries)	₹7.9 Lakhs ₹4.5 L/yr - ₹11 L/yr
15+ years (98 salaries)	₹8.6 Lakhs ₹5 L/yr - ₹11.1 L/yr

View all

From

Collections Manager

₹ 6.5 Lakhs/yr

0 - 18 years exp.

Deputy Vice President

₹ 38.4 Lakhs/yr

10 - 25 years exp.

Collections Manager 0 - 18 years exp.

₹ 6.5 L/yr

Area Collection Manager 11 - 22 years exp.

₹ 14 L/yr

114% hike

Area Credit Manager 5 - 18 years exp.

₹ 18.4 L/yr

32% hike

From

2 more levels

Collections Manager

₹ 6.5 Lakhs/yr

0 - 18 years exp.

Regional Credit Manager

₹ 31.8 Lakhs/yr

9 - 24 years exp.

Similar Designation salaries in HDFC Bank

Collection Officer Salary

(347 salaries)

₹2.5 Lakhs

₹1.2 L/yr - ₹4.5 L/yr

Area Collection Manager Salary

(176 salaries)

₹14.0 Lakhs

₹6.26 L/yr - ₹22.59 L/yr

Zonal Collection Manager Salary

(5 salaries)

₹30.4 Lakhs

₹18 L/yr - ₹39 L/yr

Collection Associate Salary

(4 salaries)

₹2.5 Lakhs

₹2 L/yr - ₹2.8 L/yr

Branch Collection Manager Salary

(7 salaries)

₹6.3 Lakhs

₹3.6 L/yr - ₹9.4 L/yr

Cluster Manager Salary

(24 salaries)

₹11.3 Lakhs

₹5 L/yr - ₹20 L/yr

Relationship Manager Salary

(6.2k salaries)

₹7.0 Lakhs

₹2.04 L/yr - ₹12.5 L/yr

Recovery Manager Salary

(17 salaries)

₹7.5 Lakhs

₹3.5 L/yr - ₹13.5 L/yr

Debt Manager Salary

(46 salaries)

₹5.8 Lakhs

₹3.2 L/yr - ₹9.25 L/yr

Branch Manager Salary

(1.6k salaries)

₹14.7 Lakhs

₹6.5 L/yr - ₹23 L/yr

Top skills at HDFC Bank for Collections Manager

Collection Management Collections Recovery Collection Management Debt Management Recovery Operations Collections Receivable Management Debt Recovery Recovery Management Finance Banking Credit Operations Process Management Recovery

Salary related reviews for HDFC Bank

3.4

Rated by 477 employees for salary & benefits

Collections Manager in Hisar

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

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;

Collections Manager in Jammu

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 10 Aug 2023

1.0

for Salary and Benefits

Likes

From my point of veiw everything is good.

Skill development - Excellent

+4 more

Dislikes

i dislike the most related to my salary from last two years i get same hike about 4.50 on my overall package.can you imagine people win or loose but im two years same rating and same bouns i get.

Salary - Bad

+1 more

Collections Manager in Kochi

Full Time

Other Department

3.0

• posted on 09 Nov 2023

1.0

for Salary and Benefits

Likes

Good superiors, job security

Skill development - Good

+2 more

Dislikes

Monetary benefits are just peanut sized. Very less bonus, very very less salary hikes even after appraisal. Yearly hike % is less than the industrial average. Systems are very complicated.

Salary - Bad

Collections Manager in Bhopal

Full Time

Other Department

5.0

• posted on 13 Nov 2023

2.0

for Salary and Benefits

Likes

Everything in hdfc bank is good except perks, promotions and appreciations

Job security - Excellent

+1 more

Dislikes

*annual bonus and increment compared to other banks and nbfc is very low. *Don't appreciate you on your achievements. No incentives at all .

Salary - Poor

+2 more

Collections Manager in Rudrapur

Full Time

Other Department

5.0

• posted on 14 Feb 2023

5.0

for Salary and Benefits

Likes

Excellent working experience, institute give u full authority to perform. U get proper leaves,good work life balance,timing salary,appraisal depend on your performance. Everything has a proper process.

Salary - Excellent

+5 more

Dislikes

No dislike,

see more salary related reviews

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What people are saying about HDFC Bank

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spellbindingmint

works at

HDFC Bank

I got offer from Infosys as associate consultant and currently working as Wealth manager for HDFC bank. Is job security there in Infosys?

The scenario is here in HDFC, they are forcing us to join operations team and reducing our salary from 14lpa to 8.5lpa. While Infosys is offering 10.5lpa. What should I do as I think the in hand salary will be similar in both the companies. Worried about job security in... read more

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HDFC Bank Collections Manager Salary FAQs

What is the salary of Collections Manager at HDFC Bank?

Average HDFC Bank Collections Manager salary in India is ₹6.5 Lakhs for less than 1 year of experience to 18 years. Collections Manager salary at HDFC Bank ranges between ₹3.0 Lakhs to ₹11.1 Lakhs. According to our estimates it is 17% more than the average Collections Manager Salary in India. Salary estimates are based on 1.1k latest salaries received from various employees of HDFC Bank India.

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

The average salary of a Collections Manager at HDFC Bank is ₹6.5 Lakhs per year, which is 17% more than the average salary of a Collections Manager in India, which receives a salary of ₹5.6 Lakhs per year.

What are the top skills required to work as a Collections Manager at HDFC Bank?

Collection Management, Collections, Recovery, Collection Management and Debt Management are some of the popular skills required to work as a Collections Manager at HDFC Bank India.

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

IDBI Bank Collections Manager Salary - 20.7 Lakhs per year
Wipro Collections Manager Salary - 20.5 Lakhs per year
Accenture Collections Manager Salary - 13.8 Lakhs per year
Yes Bank Collections Manager Salary - 7.6 Lakhs per year
Axis Bank Collections Manager Salary - 7.4 Lakhs per year

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

ICICI Bank Collections Manager Salary - 7.3 Lakhs per year
Federal Bank Collections Manager Salary - 6.7 Lakhs per year
Karur Vysya Bank Collections Manager Salary - 6.6 Lakhs per year
IndusInd Bank Collections Manager Salary - 6.5 Lakhs per year
IDFC FIRST Bank Collections Manager Salary - 6.4 Lakhs per year

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

The estimated take-home salary of a Collections Manager at HDFC Bank ranges between ₹49,876 per month to ₹51,054 per month in India. The take-home salary calculation is based on the average HDFC Bank Collections Manager salary in India which is ₹6.5 Lakhs per year for employees with less than 1 year of experience to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 66% of the HDFC Bank Collections Managers reported a notice period of 3 Months, 27% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 1.4k responses on AmbitionBox in last 2 years.

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HDFC Bank Collections Manager Salaries

HDFC Bank Collections Manager salary in India ranges between ₹3 Lakhs to ₹11.1 Lakhs with an average annual salary of ₹6.5 Lakhs. Salary estimates are based on 1.1k HDFC Bank latest salaries received from various employees of HDFC Bank.

HDFC Bank Collections Manager salaries in India (Updated 2025)

Companies similar to HDFC Bank for Collections Manager

Latest annual salaries shared by HDFC Bank Collections Manager

Experience wise HDFC Bank Collections Manager salaries

Similar Designation salaries in HDFC Bank

Top skills at HDFC Bank for Collections Manager