ICICI Bank Chennai Collections Executive Salaries by 9 Employees

1 - 4 years exp.

₹1.3 Lakh - ₹2.5 Lakhs

Salary of majority employees

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11% less than the average Collections Executive Salary in Banking Companies for 1 - 4 years of experience

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Salaries in different departments

Finance & Accounting Collections Executive Salary 3 - 4 years exp. (AmbitionBox Estimate)	Unlock ₹1.8 L/yr - ₹2.6 L/yr
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Customer Success, Service & Operations Collections Executive Salary 3 years exp. (AmbitionBox Estimate)	Unlock ₹1.8 L/yr - ₹2.5 L/yr

Last Updated: 1 Nov 2024

Companies similar to ICICI Bank for Collections Executive in Chennai

ICICI Bank Collections Executive Salary

1 - 4 years exp. (9 salaries)

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₹1.3 L/yr - ₹2.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collections Executive Salary 1 - 4 years exp. (11 salaries)	Unlock ₹1.8 L/yr - ₹3 L/yr 18% more
IndusInd Bank Collections Executive Salary 1 - 7 years exp. (17 salaries)	Unlock ₹1.7 L/yr - ₹4.5 L/yr 20% more
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IDFC FIRST Bank Collections Executive Salary 0 - 5 years exp. (9 salaries)	Unlock ₹1.4 L/yr - ₹4 L/yr 19% more
Standard Chartered Collections Executive Salary 1 - 3 years exp. (3 salaries)	Unlock ₹2.8 L/yr - ₹3.8 L/yr 35% more
Jana Small Finance Bank Collections Executive Salary 0 - 7 years exp. (43 salaries)	Unlock ₹1.2 L/yr - ₹3.8 L/yr 11% more
Equitas Small Finance Bank Collections Executive Salary 1 - 4 years exp. (4 salaries)	Unlock ₹1.4 L/yr - ₹3 L/yr 13% less

Collections Executive salary at ICICI Bank ranges between ₹1.3 Lakh to ₹2.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 9 latest salaries received from various employees of ICICI Bank.

Experience wise ICICI Bank Collections Executive salaries in Chennai

Last Updated: 1 Nov 2024

Experience	Avg Annual Salary
1 year (3 salaries)	Unlock ₹1.3 L/yr - ₹3.9 L/yr
2 years (3 salaries)	Unlock ₹1.8 L/yr - ₹2.5 L/yr
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3 years (AmbitionBox Estimate)	Unlock ₹1.8 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹1.8 L/yr - ₹4.2 L/yr

Salary related reviews for ICICI Bank

Deputy Manager in Hyderabad / Secunderabad

Full Time

IT & Information Security Department

4.0

• posted on 01 Feb 2025

3.0

for Salary and Benefits

Likes

Job Security

Job security - Good

Dislikes

I have concerns regarding ICICI Bank's compensation and work culture. Specifically: - Salary: The bank offers significantly lower salaries (4-6 LPA) to Tier 3 college graduates with 5-6 years of experience, including B.Tech/M.Tech degrees, compared to freshers from top-tier1 colleges for similar work. - Workload: Employees are often overloaded with excessive work, leading to undue stress. - Bias: There appears to be a bias towards hiring and promoting graduates from Tier 1 colleges. - Promotion and hikes: Opportunities for growth and salary increases seem limited. - Work environment: Some senior managers allegedly create a toxic work environment, exhibiting unprofessional behavior towards female employees and using aggressive language. - Leave policies: Junior employees are often denied leave, including PL, CL, and sick leave, while senior managers enjoy their weekends and week days as well. - Business ethics: The bank's management practices seem to lack business ethics and morals towards gender specific. - Expectation of constant availability: Junior employees, including those in Designation/Department (DE), are expected to be available 24/7, including weekends (Saturdays and Sundays) and off-days, which is unsustainable and blurs the line between personal and professional life. - No compensation for extra work: Employees are not provided with compensatory off (comp-off) for working extra days or hours, leading to burnout and impacting work-life balance.

Work satisfaction - Poor

+1 more

Relationship Manager - Business Banking in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

2.0

• posted on 29 Jan 2025

3.0

for Salary and Benefits

Likes

Very easy to sustain if you have worked for more than 4-5 years Job stability is there Salary and bonuses come in time always

Job security - Excellent

+1 more

Dislikes

Work culture is an absolute joke here. This can take a toll on your mental health. No incentives hence hardly any motivation to work. Your journey in the organization will depend upon your bosses behavioral traits.

Work satisfaction - Bad

+2 more

Manager OPS in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 23 Jan 2025

3.0

for Salary and Benefits

Likes

Salary gets credited on time

Promotions - Good

+1 more

Dislikes

Training is not given to employees you have to learn from the existing employees even people 2 to 3 grades lower to you ,so a person always has limited information about a activity. You can we asked to do those activities that are for lower grades then you.

Skill development - Poor

Relationship Manager - Business Banking in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 18 Jan 2025

5.0

for Salary and Benefits

Likes

Overall the organisation in terms of salary structure, Work life balance and promotion appraisal is better than any other existing Bank.

Salary - Excellent

+1 more

Dislikes

The organization is certainly not meant for employees who are novice in the banking field. The training and helping environment is not at all good.

Skill development - Bad

+2 more

Accounts Manager in Greater Noida

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 14 Jan 2025

4.0

for Salary and Benefits

Likes

Grading system is not there. Decent salary for beginners

Salary - Good

+2 more

Dislikes

Work life balance is very poor. Expected to do most of customer's part of documentation also. Expected to be available irrespective of holidays. Being service sector it's both physically and emotionally exhausting

Skill development - Poor

+2 more

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So I just finished a year at ICICI and am now in SO grade in the eRM channel. My highest educational qualification is a B.Com. And now I intend to prepare for FRM. But I’m not sure whether I should stay at ICICI for another year, then switch companies after earning a... read more

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ICICI Bank Collections Executive Salary FAQs

What is the salary of Collections Executive at ICICI Bank Chennai?

Collections Executive salary at ICICI Bank in Chennai ranges between ₹1.3 Lakhs to ₹2.5 Lakhs for experience between 1 years to 4 years. According to our estimates it is 11% less than the average Collections Executive Salary in India. Salary estimates are based on 9 latest salaries received from various employees of ICICI Bank Chennai.

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

The average salary of a Collections Executive at ICICI Bank is 11% less than the average salary of a Collections Executive in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than ICICI Bank to a Collections Executive in Chennai?

Standard Chartered Collections Executive Salary - ₹2.8 Lakhs to ₹3.8 Lakhs per year
IndusInd Bank Collections Executive Salary - ₹1.7 Lakhs to ₹4.5 Lakhs per year
IDFC FIRST Bank Collections Executive Salary - ₹1.4 Lakhs to ₹4.0 Lakhs per year
HDFC Bank Collections Executive Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
Jana Small Finance Bank Collections Executive Salary - ₹1.2 Lakhs to ₹3.8 Lakhs per year

What is the salary of a Collections Executive in companies similar to ICICI Bank in Chennai?

Equitas Small Finance Bank Collections Executive Salary - ₹1.4 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Collections Executive at ICICI Bank in Chennai?

The estimated take-home salary of a Collections Executive at ICICI Bank ranges between ₹16,069 per month to ₹17,729 per month in Chennai. The take-home salary calculation is based on the average ICICI Bank Collections Executive salary in India which ranges between ₹1.3 Lakhs to ₹2.5 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Collections Executive at ICICI Bank in Chennai?

According to AmbitionBox, 60% of the ICICI Bank Collections Executives in Chennai reported a notice period of 15 days or less, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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ICICI Bank Collections Executive Salaries in Chennai

ICICI Bank Collections Executive salary in Chennai ranges between ₹1.3 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 ICICI Bank latest salaries received from various employees of ICICI Bank.