IDBI Bank Collections Executive Salaries by 4 Employees

2 - 4 years exp.

₹2.4 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

13% more than the average Collections Executive Salary in Banking Companies for 2 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations Collections Executive Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.5 L/yr
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BFSI, Investments & Trading Collections Executive Salary 3 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 30 Oct 2024

Companies similar to IDBI Bank for Collections Executive

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collections Executive Salary 0 - 7 years exp. (272 salaries)	₹1.1 L/yr - ₹4.5 L/yr 8% less
ICICI Bank Collections Executive Salary 1 - 7 years exp. (264 salaries)	₹1.3 L/yr - ₹4 L/yr 17% less
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Axis Bank Collections Executive Salary 0 - 6 years exp. (92 salaries)	₹1.3 L/yr - ₹4 L/yr 17% less
Bank of Baroda Collections Executive Salary 3 - 10 years exp. (8 salaries)	₹2 L/yr - ₹3.1 L/yr 25% less
Kotak Mahindra Bank Collections Executive Salary 0 - 6 years exp. (161 salaries)	₹1.2 L/yr - ₹3.8 L/yr 10% less
IndusInd Bank Collections Executive Salary 1 - 7 years exp. (134 salaries)	₹1.2 L/yr - ₹4.5 L/yr 14% less
Yes Bank Collections Executive Salary 0 - 6 years exp. (24 salaries)	₹1.2 L/yr - ₹3.7 L/yr 10% less
Jana Small Finance Bank Collections Executive Salary 0 - 6 years exp. (271 salaries)	₹1.2 L/yr - ₹4 L/yr 14% less	1 job opening
IDFC FIRST Bank Collections Executive Salary 0 - 7 years exp. (184 salaries)	₹1.4 L/yr - ₹5 L/yr 8% less
AU Small Finance Bank Collections Executive Salary 0 - 7 years exp. (178 salaries)	₹1 L/yr - ₹3.5 L/yr 18% less
Equitas Small Finance Bank Collections Executive Salary 1 - 7 years exp. (46 salaries)	₹1.4 L/yr - ₹3.2 L/yr 23% less
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Ujjivan Small Finance Bank Collections Executive Salary 3 - 12 years exp. (30 salaries)	₹2 L/yr - ₹5.5 L/yr 1% more
Barclays Collections Executive Salary 1 - 5 years exp. (7 salaries)	₹5.8 L/yr - ₹6.5 L/yr 106% more
Standard Chartered Collections Executive Salary 1 - 5 years exp. (5 salaries)	₹2 L/yr - ₹3.8 L/yr 1% less
Union Bank of India Collections Executive Salary 0 - 2 years exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 11% less

Collections Executive salary at IDBI Bank ranges between ₹2.4 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Collections Executive salaries

Last Updated: 30 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Salary related reviews for IDBI Bank

Assistant Branch Banking Manager in Indore

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 19 Jan 2025

2.0

for Salary and Benefits

Likes

Salary, however little, gets credited on time. There is literally nothing to write.

Job security - Good

Dislikes

Work culture. Needs to work on weekends Extended work hours . No increment. No appreciation for work. Super difficult to get leaves. No flexibility in work hours or days.

Salary - Poor

+5 more

Assistant Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 21 Nov 2024

4.0

for Salary and Benefits

Likes

They offer good salary .

Salary - Good

+1 more

Dislikes

Promotion process is not transparent. Also admin transfers are very harsh for women employees. They do not consider whether an employee is having small kid or pregnant. Very long working hours . Sitting in branches till 8 pm is usual .

Skill development - Poor

+1 more

Senior Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 Jul 2024

4.0

for Salary and Benefits

Likes

Young demography. Salary and perks.

Salary - Good

Dislikes

You need to beg to avail your casual leave for one day. Frequent change of transfer policy. And very low probability of promotion. Transfer across the country against the request of the employee putting the personal life of employee and their family members in deep trouble. Irrational targets and pressure for third party products leaving no time to work for the core banking business. You have to forget life and do only work.

Promotions - Poor

+3 more

Assistant Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 18 Mar 2024

5.0

for Salary and Benefits

Likes

They follows IBA salary structure.So every staff gets a good salary.promotions facility are good for executive..after 3 years they promoted to Assistant manager and get a good salary.Bank cultures are good as compared to other private banks like HDFC ,ICICI etc. Leave policy and other facilities are very good for officers .

Salary - Excellent

+3 more

Dislikes

Beside salary nothing is good in this company. 1. Without proper training they send new joiners into branch and tell to do their job . 2.Most of the staffs' work locations are very far way from home locations. It's very problem for your family. 3. Higher managements are very casual and slow for their work. 4 . You could not get proper guidance from higher authority at the beginning of your job. Learning is very hard for this bank

Skill development - Bad

+1 more

Branch Head in Jabalpur

Full Time

Sales & Business Development Department

3.0

• posted on 10 Jan 2025

4.0

for Salary and Benefits

Likes

Overall it good company on the basis of salary structure

Salary - Good

+1 more

Dislikes

There is no appreciation after certain job periods specifically even more than 15 years of experience you will not get the position as per peer group company.

Skill development - Poor

see more salary related reviews

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What people are saying about IDBI Bank

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IDBI Bank Collections Executive Salary FAQs

What is the salary of Collections Executive at IDBI Bank ?

The average salary of a Collections Executive at IDBI Bank in India typically ranges from ₹2.4 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Collections Executive at IDBI Bank earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Collections Executive Salaries at IDBI 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 4 IDBI Bank employees in India.

What is the estimated take home salary of a Collections Executive at IDBI Bank in India?

The estimated take-home salary of a Collections Executive at IDBI Bank in India typically ranges from ₹21,097 to ₹22,743 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 2 years to 4 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 4 salaries received from various employees of IDBI Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IDBI Bank for Collections Executive in India?

Barclays	₹5.8 Lakhs to ₹6.5 Lakhs per year
Ujjivan Small Finance Bank	₹2.0 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IDBI Bank, depending on the role and experience level.

What is the salary of a Collections Executive in companies similar to IDBI Bank in India?

The salary of a Collections Executive at companies similar to IDBI Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Standard Chartered	₹2.0 Lakhs to ₹3.8 Lakhs per year
IDFC FIRST Bank	₹1.4 Lakhs to ₹5.0 Lakhs per year
HDFC Bank	₹1.1 Lakhs to ₹4.5 Lakhs per year
Kotak Mahindra Bank	₹1.2 Lakhs to ₹3.8 Lakhs per year
Yes Bank	₹1.2 Lakhs to ₹3.7 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 Executive at IDBI Bank in India?

The salary growth for a Collections Executive at IDBI Bank depends on factors such as experience, performance, and promotions. On average, a Collections Executive can expect the following growth trajectory at IDBI Bank:

Experience	Average Salary Range
2 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
3 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
4 years	₹3.2 Lakhs to ₹4.0 Lakhs per year

and so on.

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IDBI Bank Collections Executive Salaries

IDBI Bank Collections Executive salary in India ranges between ₹2.4 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IDBI Bank latest salaries received from various employees of IDBI Bank.