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ICICI Bank

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4.0

based on 37.5k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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ICICI Bank Collections Manager salaries in Ludhiana

Annual salary range
3 - 13 years exp.
₹4.3 Lakhs - ₹8 Lakhs
Salary of majority employees
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13% more than the average Collections Manager Salary in Banking Companies for 3 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Collections Manager Salary
4 - 6 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹8.7 L/yr

Finance & Accounting
Collections Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹9.2 L/yr

Last Updated: 22 Aug 2024

Companies similar to ICICI Bank for Collections Manager in Ludhiana

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ICICI Bank Collections Manager Salary

3 - 13 years exp. (6 salaries)

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₹4.3 L/yr - ₹8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IndusInd Bank Collections Manager Salary

5 - 14 years exp. (9 salaries)

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₹5 L/yr - ₹8.4 L/yr

arrow icon 13% less
7 job openings
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IDFC FIRST Bank Collections Manager Salary

1 - 10 years exp. (22 salaries)

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₹3.1 L/yr - ₹8.5 L/yr

arrow icon 10% less
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₹3.1 L/yr - ₹5.8 L/yr

arrow icon 33% less
Collections Manager salary at ICICI Bank ranges between ₹4.3 Lakhs to ₹8 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 6 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Collections Manager in Ludhiana

5mo ago
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3 years exp.
8mo ago
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6 years exp.
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13 years exp.
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12 years exp.
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6 years exp.
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4 years exp.

Experience wise ICICI Bank Collections Manager salaries in Ludhiana

Last Updated: 22 Aug 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹10 L/yr
4 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹10.5 L/yr
5 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹11.5 L/yr
7 years (AmbitionBox Estimate)

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₹6 L/yr - ₹7.7 L/yr
View all

Similar Designation salaries in ICICI Bank

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₹10.8 L/yr - ₹13.5 L/yr

Top skills at ICICI Bank for Collections Manager

Finance Collections Time Management Audit Compliance Collection Management Auditing Service management Banking Recovery Credit Collection Credit Control

Salary related reviews for ICICI Bank

2.0

Rated by 1 employees for salary & benefits

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.

read more
  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 17 Dec 2024

3.0
 for  Salary and Benefits

Likes

*Unlimited sick leaves

  • Job security - Excellent

Dislikes

People, leadership, sick leaves not approved - causing loss of pay, unorganised, manual data entry, ancient systems, frequent pointless meetings and have no clear agenda that stretch beyond 1 hr (max. 5 hrs), no work from home almost always required to work from anywhere on sick leave, have strict login and logout times,

read more
  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 27 Nov 2024

4.0
 for  Salary and Benefits

Likes

...ous training and development programs to help employees enhance their skills. 2. _Competitive Salary_: ICICI Bank provides competitive salaries and benefits to its employees.

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  • Salary - Good

Dislikes

Nothing

  • Skill development - Poor
  • +2 more

Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 16 Nov 2024

1.0
 for  Salary and Benefits

Likes

Dear all. As well as all company like Salary comes on time, second and fourth Saturday leave applicable and government leave as well.

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Dislikes

... 2) mentel sales pressure and mis guided to customer to opening trading account. 3) reporting Manager providing low salary range customer below 20K salary, and they can't eligible for cc , trading account, home loan, car loan etc, but reporting Manager asking sales number from that's wasted leads. 4) for account opening corporate they will send you Chennai to kanchipuram district almost 160 kilometres per day very long distance. U spent fuel Rs 9000/- and more but company give fuel allowance only 4,000/- 5) and your reporting Manager rejected your fuel allowance 3 to 4 times without any reason. 6) office time 9:15am to 5:15pm but after joining in few days management says 9 am to 7pm and some time 8pm to 9pm happened 7) my reporting Manager Deepak Kumar working Chennai koyambedu branch. He always like girls fellow. He don't like to talk boys and laughing. He only like girls and laughing time pass. And lunch time enjoying with girls eating food by his hand, and free pickup dropped for ladies but no boys. 8) if you go to ask employees icici toll free number they don't take an action to them because internal policies is fraud. 9) i left ICICI Bank 5 months ago still PF amount not settelment in pf account. 10) my good advice to youngers u have completed his /her degree please don't join like this of company. They give more stress full job and give low budget salary. Stay away.

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  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 09 Nov 2024

4.0
 for  Salary and Benefits

Likes

Salary on time, good environment and everyone is cooperative. Will get scope to learn new things.

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  • Salary - Good
  • +4 more

Dislikes

Sales culture, in the name of opportunity target is giving and there is no incentive neither extra bonus. The bonus they are giving that is also from our salary they are giving nothing extra.

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ICICI Bank Collections Manager Salary FAQs

What is the salary of Collections Manager at ICICI Bank Ludhiana?
Collections Manager salary at ICICI Bank in Ludhiana ranges between ₹4.3 Lakhs to ₹8.0 Lakhs for experience between 3 years to 13 years. According to our estimates it is 13% more than the average Collections Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of ICICI Bank Ludhiana.
How does the salary of a Collections Manager at ICICI Bank Ludhiana compare with the average salary range for this job?
The average salary of a Collections Manager at ICICI Bank is 13% more than the average salary of a Collections Manager in Ludhiana. To know exact salary insights, login to view.
What are the top skills required to work as a Collections Manager at ICICI Bank?
Finance, Collections, Time Management, Audit Compliance and Collection Management are some of the popular skills required to work as a Collections Manager at ICICI Bank Ludhiana.
What is the salary of a Collections Manager in companies similar to ICICI Bank in Ludhiana?
  • IDFC FIRST Bank Collections Manager Salary - ₹3.1 Lakhs to ₹8.5 Lakhs per year
  • IndusInd Bank Collections Manager Salary - ₹5.0 Lakhs to ₹8.4 Lakhs per year
  • Kotak Mahindra Prime Collections Manager Salary - ₹3.1 Lakhs to ₹5.8 Lakhs per year
What is the estimated take home salary of a Collections Manager at ICICI Bank in Ludhiana?
The estimated take-home salary of a Collections Manager at ICICI Bank ranges between ₹53,857 per month to ₹55,200 per month in Ludhiana. The take-home salary calculation is based on the average ICICI Bank Collections Manager salary in India which ranges between ₹4.3 Lakhs to ₹8.0 Lakhs per year for employees with experience between 3 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Collections Manager at ICICI Bank in Ludhiana?
According to AmbitionBox, 80% of the ICICI Bank Collections Managers in Ludhiana reported a notice period of 1 Month, 20% reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Bank Collections Manager salary in Ludhiana ranges between ₹4.3 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 ICICI Bank latest salaries received from various employees of ICICI Bank.