HDFC Bank Chennai Collections Manager Salaries by 70+ Employees (Updated 2025)

0 - 16 years exp.

₹2 Lakhs - ₹10 Lakhs

Salary of majority employees

At par with the average Collections Manager Salary in Banking Companies for 0 - 16 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 0 - 13 years exp. (26 salaries)	₹3 L/yr - ₹7.8 L/yr
Customer Success, Service & Operations Collections Manager Salary 3 - 16 years exp. (22 salaries)	₹4.1 L/yr - ₹10 L/yr
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Finance & Accounting Collections Manager Salary 2 - 13 years exp. (8 salaries)	₹2 L/yr - ₹8.7 L/yr
Risk Management & Compliance Collections Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹7.3 L/yr
Sales & Business Development Collections Manager Salary 10 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹8 L/yr

Last Updated: 9 Feb 2025

Companies similar to HDFC Bank for Collections Manager in Chennai

HDFC Bank Collections Manager Salary

0 - 16 years exp. (74 salaries)

₹2 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Collections Manager Salary 3 - 12 years exp. (14 salaries)	₹5 L/yr - ₹8 L/yr 19% more
Axis Bank Collections Manager Salary 5 - 13 years exp. (12 salaries)	₹5 L/yr - ₹10 L/yr 20% more
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Kotak Mahindra Bank Collections Manager Salary 3 - 12 years exp. (17 salaries)	₹3.6 L/yr - ₹9 L/yr 9% more
IndusInd Bank Collections Manager Salary 4 - 13 years exp. (6 salaries)	₹3.5 L/yr - ₹6.4 L/yr 17% less
Yes Bank Collections Manager Salary 4 - 14 years exp. (9 salaries)	₹4.5 L/yr - ₹7.8 L/yr 3% more	2 job openings
RBL Bank Collections Manager Salary 3 - 10 years exp. (5 salaries)	₹4 L/yr - ₹8.5 L/yr 4% less
Jana Small Finance Bank Collections Manager Salary 6 - 10 years exp. (3 salaries)	₹3.9 L/yr - ₹4.5 L/yr 34% less

Collections Manager salary at HDFC Bank ranges between ₹2 Lakhs to ₹10 Lakhs per year for employees with less than 1 year of experience to 16 years. Salary estimates are based on 74 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Collections Manager salaries in Chennai

Last Updated: 9 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.5 L/yr - ₹5.5 L/yr
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.1 L/yr
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2 years (AmbitionBox Estimate)	₹2 L/yr - ₹7.6 L/yr
3 years (5 salaries)	₹3 L/yr - ₹5.7 L/yr
4 years (8 salaries)	₹3 L/yr - ₹5.5 L/yr
5 years (7 salaries)	₹3.2 L/yr - ₹7.8 L/yr
6 years (6 salaries)	₹3.8 L/yr - ₹7.8 L/yr
7 years (5 salaries)	₹5.4 L/yr - ₹8 L/yr
8 years (7 salaries)	₹3.5 L/yr - ₹6.3 L/yr
9 years (4 salaries)	₹4.1 L/yr - ₹8.2 L/yr
10 years (8 salaries)	₹5.6 L/yr - ₹8.2 L/yr
11 years (4 salaries)	₹5 L/yr - ₹7.8 L/yr
12 years (3 salaries)	₹4.5 L/yr - ₹7 L/yr
13 years (4 salaries)	₹4.5 L/yr - ₹8.7 L/yr
14 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹13.6 L/yr
15+ years (7 salaries)	₹6.1 L/yr - ₹10 L/yr

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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.

112% hike

Area Credit Manager 5 - 18 years exp.

29% hike

From

2 more levels

Collections Manager

0 - 18 years exp.

Regional Credit Manager

9 - 24 years exp.

Similar Designation salaries in HDFC Bank

Relationship Manager Salary

(415 salaries)

₹1.5 L/yr - ₹11.04 L/yr

Branch Manager Salary

(138 salaries)

₹6.28 L/yr - ₹22.48 L/yr

Collection Officer Salary

(28 salaries)

₹1.5 L/yr - ₹4 L/yr

Debt Manager Salary

(3 salaries)

₹4 L/yr - ₹5.53 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

3.5

Rated by 9 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 Infosys.

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HDFC Bank Collections Manager Salary FAQs

What is the salary of Collections Manager at HDFC Bank Chennai?

Collections Manager salary at HDFC Bank in Chennai ranges between ₹2.0 Lakhs to ₹10.0 Lakhs for less than 1 year of experience to 16 years. According to our estimates it is 4% more than the average Collections Manager Salary in India. Salary estimates are based on 74 latest salaries received from various employees of HDFC Bank Chennai.

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

The average salary of a Collections Manager at HDFC Bank is 4% more than the average salary of a Collections Manager in Chennai. 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 Chennai.

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

Axis Bank Collections Manager Salary - ₹5.0 Lakhs to ₹10.0 Lakhs per year
ICICI Bank Collections Manager Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
Kotak Mahindra Bank Collections Manager Salary - ₹3.6 Lakhs to ₹9.0 Lakhs per year
Yes Bank Collections Manager Salary - ₹4.5 Lakhs to ₹7.8 Lakhs per year

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

RBL Bank Collections Manager Salary - ₹4.0 Lakhs to ₹8.5 Lakhs per year
IndusInd Bank Collections Manager Salary - ₹3.5 Lakhs to ₹6.4 Lakhs per year
Jana Small Finance Bank Collections Manager Salary - ₹3.9 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Collections Manager at HDFC Bank ranges between ₹46,901 per month to ₹48,012 per month in Chennai. The take-home salary calculation is based on the average HDFC Bank Collections Manager salary in India which ranges between ₹2.0 Lakhs to ₹10.0 Lakhs per year for employees with less than 1 year of experience to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 74% of the HDFC Bank Collections Managers in Chennai reported a notice period of 3 Months, 18% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 38 responses on AmbitionBox in last 2 years.

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HDFC Bank Collections Manager Salaries in Chennai

HDFC Bank Collections Manager salary in Chennai ranges between ₹2 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 74 HDFC Bank latest salaries received from various employees of HDFC Bank.