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

0 - 18 years exp.

₹3 Lakhs - ₹11.1 Lakhs

Salary of majority employees

Fixed (100%)

₹6.5 Lakhs

Variable (0%)

₹0.0

16% more than the average Collections Manager Salary in Banking Companies for 0 - 18 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 0 - 18 years exp. (474 salaries)	₹3 L/yr - ₹11.1 L/yr
Finance & Accounting Collections Manager Salary 0 - 17 years exp. (114 salaries)	₹2 L/yr - ₹9.5 L/yr
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Customer Success, Service & Operations Collections Manager Salary 1 - 17 years exp. (107 salaries)	₹2 L/yr - ₹10.3 L/yr
Risk Management & Compliance Collections Manager Salary 1 - 18 years exp. (53 salaries)	₹3 L/yr - ₹11 L/yr
Sales & Business Development Collections Manager Salary 0 - 16 years exp. (52 salaries)	₹2.2 L/yr - ₹10 L/yr

Last Updated: 19 Feb 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. (202 salaries)	₹2.5 L/yr - ₹12 L/yr 14% more
Axis Bank Collections Manager Salary 4 - 14 years exp. (288 salaries)	₹2.6 L/yr - ₹10.8 L/yr 13% more
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State Bank of India Collections Manager Salary 6 - 10 years exp. (4 salaries)	₹5.4 L/yr - ₹6.7 L/yr 3% less
Kotak Mahindra Bank Collections Manager Salary 3 - 14 years exp. (304 salaries)	₹1.8 L/yr - ₹9.8 L/yr 6% less
IndusInd Bank Collections Manager Salary 4 - 14 years exp. (185 salaries)	₹2.6 L/yr - ₹11.8 L/yr 5% more
Yes Bank Collections Manager Salary 4 - 15 years exp. (137 salaries)	₹4.2 L/yr - ₹10.4 L/yr 15% more	1 job opening
Bajaj Finance Collections Manager Salary 0 - 11 years exp. (340 salaries)	₹1.2 L/yr - ₹8 L/yr 25% less
TCS Collections Manager Salary 1 - 18 years exp. (4 salaries)	₹3.5 L/yr - ₹8 L/yr 17% less
Wipro Collections Manager Salary 2 - 20 years exp. (3 salaries)	₹6 L/yr - ₹36 L/yr 215% more
Accenture Collections Manager Salary 11 - 15 years exp. (4 salaries)	₹12 L/yr - ₹17 L/yr 111% more

View all

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

Experience wise HDFC Bank Collections Manager salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
Fresher (12 salaries)	₹2.2 L/yr - ₹5.5 L/yr
1 year (12 salaries)	₹2.7 L/yr - ₹5 L/yr
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2 years (32 salaries)	₹2 L/yr - ₹6.2 L/yr
3 years (43 salaries)	₹1.4 L/yr - ₹7.4 L/yr
4 years (69 salaries)	₹3 L/yr - ₹8 L/yr
5 years (92 salaries)	₹2.3 L/yr - ₹8 L/yr
6 years (97 salaries)	₹3 L/yr - ₹9.2 L/yr
7 years (98 salaries)	₹3 L/yr - ₹9.4 L/yr
8 years (99 salaries)	₹3 L/yr - ₹10 L/yr
9 years (72 salaries)	₹3.5 L/yr - ₹9.5 L/yr
10 years (110 salaries)	₹3.6 L/yr - ₹10.5 L/yr
11 years (65 salaries)	₹4 L/yr - ₹11 L/yr
12 years (88 salaries)	₹4 L/yr - ₹11 L/yr
13 years (54 salaries)	₹4.5 L/yr - ₹10.5 L/yr
14 years (59 salaries)	₹4.5 L/yr - ₹11 L/yr
15+ years (100 salaries)	₹5.3 L/yr - ₹11.1 L/yr

View all

From

Collections Manager

₹

Lakhs/yr

0 - 18 years exp.

Deputy Vice President

₹

Lakhs/yr

10 - 25 years exp.

Collections Manager 0 - 18 years exp.

Area Collection Manager 11 - 22 years exp.

117% hike

Area Credit Manager 5 - 18 years exp.

30% hike

From

2 more levels

Collections Manager

0 - 18 years exp.

Regional Credit Manager

9 - 20 years exp.

Similar Designation salaries in HDFC Bank

Collection Officer Salary

(362 salaries)

₹1.2 L/yr - ₹4.5 L/yr

Area Collection Manager Salary

(172 salaries)

₹6.22 L/yr - ₹25 L/yr

Zonal Collection Manager Salary

(5 salaries)

₹18 L/yr - ₹39 L/yr

Collection Associate Salary

(4 salaries)

₹2 L/yr - ₹2.8 L/yr

Branch Collection Manager Salary

(7 salaries)

₹3.6 L/yr - ₹9.4 L/yr

Cluster Manager Salary

(24 salaries)

₹5 L/yr - ₹20 L/yr

Relationship Manager Salary

(6.2k salaries)

₹2.04 L/yr - ₹12.5 L/yr

Recovery Manager Salary

(17 salaries)

₹3.5 L/yr - ₹13.5 L/yr

Debt Manager Salary

(46 salaries)

₹3.2 L/yr - ₹9.25 L/yr

Branch Manager Salary

(1.6k salaries)

₹6.51 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 466 employees for salary & benefits

Collections Manager in Ratlam

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

Job security - Excellent

+2 more

Dislikes

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

Promotions - Poor

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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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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HDFC Bank Collections Manager Salary FAQs

What is the salary of Collections Manager at HDFC Bank?

Collections Manager salary at HDFC Bank in India ranges between ₹3.0 Lakhs to ₹11.1 Lakhs for less than 1 year of experience to 18 years. According to our estimates it is 16% 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 16% more than the average salary of a Collections Manager in India. To know exact salary insights, login to view.

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 - ₹20.0 Lakhs to ₹22.0 Lakhs per year
Wipro Collections Manager Salary - ₹6.0 Lakhs to ₹36.0 Lakhs per year
Accenture Collections Manager Salary - ₹12.0 Lakhs to ₹17.0 Lakhs per year
Yes Bank Collections Manager Salary - ₹4.2 Lakhs to ₹10.4 Lakhs per year
ICICI Bank Collections Manager Salary - ₹2.5 Lakhs to ₹12.0 Lakhs per year

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

Axis Bank Collections Manager Salary - ₹2.6 Lakhs to ₹10.8 Lakhs per year
Karur Vysya Bank Collections Manager Salary - ₹6.4 Lakhs to ₹7.5 Lakhs per year
IndusInd Bank Collections Manager Salary - ₹2.6 Lakhs to ₹11.8 Lakhs per year
Federal Bank Collections Manager Salary - ₹5.7 Lakhs to ₹8.0 Lakhs per year
IDFC FIRST Bank Collections Manager Salary - ₹2.0 Lakhs to ₹10.8 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 ₹49,717 per month to ₹50,891 per month in India. The take-home salary calculation is based on the average HDFC Bank Collections Manager salary in India which ranges between ₹3.0 Lakhs to ₹11.1 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 ₹. 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

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

Salary related reviews for HDFC Bank

Collections Manager in Ratlam

Collections Manager in Jammu

Collections Manager in Kochi

Collections Manager in Bhopal

Collections Manager in Rudrapur

HDFC Bank Collections Manager Salary FAQs

Tell us how to improve this page.

HDFC Bank Collections Manager Salaries by Location