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

0 - 16 years exp.

₹2 Lakhs - ₹10 Lakhs

Salary of majority employees

10% more than 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 2 - 16 years exp. (23 salaries)	₹4.1 L/yr - ₹10 L/yr
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Finance & Accounting Collections Manager Salary 2 - 13 years exp. (7 salaries)	₹2 L/yr - ₹8.7 L/yr
Risk Management & Compliance Collections Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹10.1 L/yr
Sales & Business Development Collections Manager Salary 10 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹8 L/yr

Last Updated: 9 Jan 2025

Companies similar to HDFC Bank for Collections Manager in Chennai

HDFC Bank Collections Manager Salary

0 - 16 years exp. (76 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 14% more
Axis Bank Collections Manager Salary 7 - 13 years exp. (11 salaries)	₹5 L/yr - ₹10 L/yr 14% more
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Kotak Mahindra Bank Collections Manager Salary 3 - 12 years exp. (17 salaries)	₹3.6 L/yr - ₹9 L/yr 4% less
IndusInd Bank Collections Manager Salary 4 - 15 years exp. (8 salaries)	₹3.5 L/yr - ₹8 L/yr 10% more	7 job openings
Yes Bank Collections Manager Salary 4 - 13 years exp. (8 salaries)	₹4.5 L/yr - ₹7.8 L/yr 14% more
RBL Bank Collections Manager Salary 3 - 10 years exp. (5 salaries)	₹4 L/yr - ₹8.5 L/yr 9% less
Jana Small Finance Bank Collections Manager Salary 6 - 10 years exp. (3 salaries)	₹3.3 L/yr - ₹4 L/yr 41% 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 76 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Collections Manager salaries in Chennai

Last Updated: 9 Jan 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹2.8 L/yr - ₹5.5 L/yr
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.7 L/yr
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2 years (3 salaries)	₹2 L/yr - ₹5.2 L/yr
3 years (5 salaries)	₹3 L/yr - ₹5.7 L/yr
4 years (7 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 - ₹13.1 L/yr
13 years (4 salaries)	₹4.5 L/yr - ₹8.7 L/yr
14 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹14.1 L/yr
15+ years (7 salaries)	₹6.1 L/yr - ₹10 L/yr

View all

Similar Designation salaries in HDFC Bank

Relationship Manager Salary

(418 salaries)

₹1.5 L/yr - ₹11.24 L/yr

Branch Manager Salary

(135 salaries)

₹6 L/yr - ₹24.6 L/yr

Collection Officer Salary

(27 salaries)

₹1.5 L/yr - ₹4 L/yr

Debt Manager Salary

(3 salaries)

₹4 L/yr - ₹4.85 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 8 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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What people are saying about HDFC Bank

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emonhse

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Looking for a job

Hello Everyone, I am actively looking for a job change in Mumbai. Kindly let me know if there is any opening wherein I can be a good fit or if you have any refferals. I am currently working as HSSEQ Engineer with an annual package of 12.8 LPA and a total work experience of 9 years.

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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 10% more than the average Collections Manager Salary in India. Salary estimates are based on 76 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 10% 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?

Yes Bank Collections Manager Salary - ₹4.5 Lakhs to ₹7.8 Lakhs per year
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
IndusInd Bank Collections Manager Salary - ₹3.5 Lakhs to ₹8.0 Lakhs per year

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

Kotak Mahindra Bank Collections Manager Salary - ₹3.6 Lakhs to ₹9.0 Lakhs per year
RBL Bank Collections Manager Salary - ₹4.0 Lakhs to ₹8.5 Lakhs per year
Jana Small Finance Bank Collections Manager Salary - ₹3.3 Lakhs to ₹4.0 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 ₹49,282 per month to ₹50,446 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, 72% 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 39 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 76 HDFC Bank latest salaries received from various employees of HDFC Bank.