Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by HDFC Bank Team. If you also belong to the team, you can get access from here

HDFC Bank Verified Tick

Compare button icon Compare button icon Compare

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

zig zag pattern zig zag pattern
filter salariesFilter salaries by

HDFC Bank Collections Manager salaries in Indore (Updated 2025)

Annual salary range
1 - 18 years exp.
₹3.6 Lakhs - ₹9.1 Lakhs
Salary of majority employees
unlock blur
unlock blur

8% more than the average Collections Manager Salary in Banking Companies for 1 - 18 years of experience

Interested in this particular role? 7 job openings

Salaries in different departments

BFSI, Investments & Trading
Collections Manager Salary
2 - 15 years exp. (20 salaries)
unlock-blur

₹4 L/yr - ₹8.4 L/yr

Customer Success, Service & Operations
Collections Manager Salary
1 - 17 years exp. (5 salaries)
unlock-blur

₹4 L/yr - ₹9 L/yr

Sales & Business Development
Collections Manager Salary
6 - 14 years exp. (5 salaries)
unlock-blur

₹4.3 L/yr - ₹8.7 L/yr

Risk Management & Compliance
Collections Manager Salary
3 - 6 years exp. (4 salaries)
unlock-blur

₹4 L/yr - ₹8.8 L/yr

Finance & Accounting
Collections Manager Salary
6 - 12 years exp. (3 salaries)
unlock-blur

₹5 L/yr - ₹6.8 L/yr

Last Updated: 1 Mar 2025

Companies similar to HDFC Bank for Collections Manager in Indore

Logo
HDFC Bank Collections Manager Salary

1 - 18 years exp. (57 salaries)

unlock blur

₹3.6 L/yr - ₹9.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
IDFC FIRST Bank Collections Manager Salary

2 - 11 years exp. (26 salaries)

unlock blur

₹2.2 L/yr - ₹9 L/yr

arrow icon 8% less
Logo
ICICI Bank Collections Manager Salary

3 - 12 years exp. (11 salaries)

unlock blur

₹4 L/yr - ₹8.5 L/yr

arrow icon 12% more
Logo
IndusInd Bank Collections Manager Salary

3 - 13 years exp. (7 salaries)

unlock blur

₹4 L/yr - ₹8 L/yr

arrow icon 4% more
18 job openings
unlock blur

₹3 L/yr - ₹5.7 L/yr

arrow icon 33% less
Logo
Axis Bank Collections Manager Salary

4 - 13 years exp. (6 salaries)

unlock blur

₹3.1 L/yr - ₹8 L/yr

arrow icon 8% more
Logo
unlock blur

₹3.4 L/yr - ₹8.1 L/yr

arrow icon 3% less
Collections Manager salary at HDFC Bank ranges between ₹3.6 Lakhs to ₹9.1 Lakhs per year for employees with experience between 1 year to 18 years. Salary estimates are based on 57 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Collections Manager in Indore

3w ago
avg blur mobile
5 years exp.
1mo ago
avg blur mobile
8 years exp.
2mo ago
avg blur mobile
7 years exp.
6mo ago
avg blur mobile
14 years exp.
6mo ago
avg blur mobile
3 years exp.
6mo ago
avg blur mobile
13 years exp.
6mo ago
avg blur mobile
18 years exp.
7mo ago
avg blur mobile
3 years exp.
7mo ago
avg blur mobile
8 years exp.
7mo ago
avg blur mobile
11 years exp.

Experience wise HDFC Bank Collections Manager salaries in Indore

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

unlock blur

₹3.7 L/yr - ₹4.8 L/yr
2 years  (3 salaries)

unlock blur

₹3.6 L/yr - ₹4.5 L/yr
3 years  (7 salaries)

unlock blur

₹3.9 L/yr - ₹4.8 L/yr
4 years  (3 salaries)

unlock blur

₹3.9 L/yr - ₹8.9 L/yr
5 years  (3 salaries)

unlock blur

₹4.2 L/yr - ₹9 L/yr
View all
HDFC Bank Collections Manager Salary and Career Growth

From

To

Collections Manager

unlock blur Lakhs/yr

1 - 18 years exp.

Regional Credit Manager

unlock blur Lakhs/yr

9 - 24 years exp.

Collections Manager

1 - 18 years exp.
unlock blur

Area Collection Manager

10 - 22 years exp.
unlock blur
arrow icon 107% hike

Area Credit Manager

5 - 18 years exp.
unlock blur
arrow icon 31% hike

From

To

Collections Manager

unlock blur

1 - 18 years exp.

Deputy Vice President

unlock blur

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

unlock blur
₹9 L/yr - ₹13.9 L/yr
unlock blur
₹14.8 L/yr - ₹20 L/yr

Top skills at HDFC Bank for Collections Manager

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

Salary related reviews for HDFC Bank

4.2

Rated by 6 employees for salary & benefits

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

read more
  • 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;

read more

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.

read more
  • Salary - Bad
  • +1 more

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.

read more
  • Salary - Bad

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 .

read more
  • Salary - Poor
  • +2 more

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.

read more
  • Salary - Excellent
  • +5 more

Dislikes

No dislike,

see more salary related reviews

Discover interview dos and don'ts from real experiences

HDFC Bank Collections Manager Salary FAQs

What is the salary of Collections Manager at HDFC Bank in Indore?
The average salary of a Collections Manager at HDFC Bank in Indore typically ranges from ₹3.6 Lakhs to ₹9.1 Lakhs per year, depending on experience (from 1 year to 18 years).

The top 10% of Collections Manager in Indore at HDFC Bank earn more than ₹8.9 Lakhs per year, and the top 1% earn over ₹9.1 Lakhs per year. Collections 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 50+ HDFC Bank employees in India.
What is the estimated take home salary of a Collections Manager at HDFC Bank in Indore?
The estimated take-home salary of a Collections Manager at HDFC Bank in Indore typically ranges from ₹49,194 to ₹50,357 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹9.1 Lakhs per year for employees with experience ranging from 1 year to 18 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 50+ 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 Collections Manager at HDFC Bank in Indore?
To be a Collections Manager at HDFC Bank in Indore, the key skills required include:

  • - Collection Management
  • - Collections
  • - Recovery
  • - Collection Management
  • - Debt Management

These skills are highly valued at HDFC Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HDFC Bank for Collections Manager in India?
ICICI Bank ₹4.0 Lakhs to ₹8.5 Lakhs per year
Axis Bank ₹3.1 Lakhs to ₹8.0 Lakhs per year
IndusInd Bank ₹4.0 Lakhs to ₹8.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Bank, depending on the role and experience level.
What is the salary of a Collections Manager in companies similar to HDFC Bank in Indore?
The salary of a Collections Manager at companies similar to HDFC Bank in Indore varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Bank ₹3.4 Lakhs to ₹8.1 Lakhs per year
IDFC FIRST Bank ₹2.2 Lakhs to ₹9.0 Lakhs per year
Jana Small Finance Bank ₹3.0 Lakhs to ₹5.7 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 Collections Manager at HDFC Bank in Indore?
The salary growth for a Collections Manager at HDFC Bank in Indore depends on factors such as experience, performance, and promotions. On average, a Collections Manager in Indore can expect the following growth trajectory at HDFC Bank:

Experience Average Salary Range
1 year ₹3.7 Lakhs to ₹4.8 Lakhs per year
2 years ₹3.6 Lakhs to ₹4.5 Lakhs per year
3 years ₹3.9 Lakhs to ₹4.8 Lakhs per year
4 years ₹3.9 Lakhs to ₹8.9 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Bank Collections Manager salary in Indore ranges between ₹3.6 Lakhs to ₹9.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 57 HDFC Bank latest salaries received from various employees of HDFC Bank.