IDBI Bank Collections Manager Salaries by 3 Employees

13 - 14 years exp.

₹20 Lakhs - ₹22 Lakhs

Low Confidence

Salary of majority employees

274% more than the average Collections Manager Salary in Banking Companies for 13 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹22 L/yr
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Sales & Business Development Collections Manager Salary 13 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22 L/yr

Last Updated: 24 May 2024

Companies similar to IDBI Bank for Collections Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Collections Manager Salary 6 - 10 years exp. (4 salaries)	₹5.4 L/yr - ₹6.7 L/yr 69% less
HDFC Bank Collections Manager Salary 0 - 18 years exp. (1.1k salaries)	₹2 L/yr - ₹11.1 L/yr 69% less	1 job opening
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ICICI Bank Collections Manager Salary 3 - 15 years exp. (196 salaries)	₹3.7 L/yr - ₹12 L/yr 64% less
Axis Bank Collections Manager Salary 4 - 14 years exp. (289 salaries)	₹3 L/yr - ₹13 L/yr 64% less
Bank of Baroda Collections Manager Salary 18 - 19 years exp. (3 salaries)	₹5.9 L/yr - ₹6 L/yr 71% less
Kotak Mahindra Bank Collections Manager Salary 3 - 14 years exp. (303 salaries)	₹1.8 L/yr - ₹9.8 L/yr 70% less
IndusInd Bank Collections Manager Salary 1 - 14 years exp. (200 salaries)	₹1.5 L/yr - ₹10 L/yr 69% less
Yes Bank Collections Manager Salary 4 - 15 years exp. (148 salaries)	₹4.2 L/yr - ₹10.5 L/yr 63% less	1 job opening
IDFC FIRST Bank Collections Manager Salary 1 - 11 years exp. (566 salaries)	₹2 L/yr - ₹10.6 L/yr 69% less
AU Small Finance Bank Collections Manager Salary 5 - 14 years exp. (66 salaries)	₹2 L/yr - ₹8.6 L/yr 75% less
Jana Small Finance Bank Collections Manager Salary 3 - 11 years exp. (63 salaries)	₹2 L/yr - ₹5.7 L/yr 82% less
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Equitas Small Finance Bank Collections Manager Salary 3 - 15 years exp. (31 salaries)	₹2.2 L/yr - ₹6 L/yr 82% less
Ujjivan Small Finance Bank Collections Manager Salary 2 - 10 years exp. (13 salaries)	₹1.8 L/yr - ₹8.9 L/yr 77% less
Standard Chartered Collections Manager Salary 6 - 16 years exp. (13 salaries)	₹5 L/yr - ₹11.5 L/yr 63% less
Federal Bank Collections Manager Salary 4 - 7 years exp. (6 salaries)	₹5.7 L/yr - ₹8 L/yr 67% less
Barclays Collections Manager Salary 1 - 7 years exp. (4 salaries)	₹5.1 L/yr - ₹8 L/yr 68% less

Collections Manager salary at IDBI Bank ranges between ₹20 Lakhs to ₹22 Lakhs per year for employees with experience between 13 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Collections Manager salaries

Last Updated: 24 May 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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14 years (AmbitionBox Estimate)	₹19.8 L/yr - ₹25.3 L/yr

Similar Designation salaries in IDBI Bank

Collection Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Area Collection Manager Salary

(AmbitionBox Estimate)

₹10.4 L/yr - ₹13.2 L/yr

Relationship Manager Salary

(58 salaries)

₹7.09 L/yr - ₹23 L/yr

Recovery Manager Salary

(5 salaries)

₹10.8 L/yr - ₹15.5 L/yr

Branch Manager Salary

(61 salaries)

₹10 L/yr - ₹32 L/yr

Deputy Manager Salary

(7 salaries)

₹2.5 L/yr - ₹9 L/yr

Regional Collection Manager Salary

(6 salaries)

₹12 L/yr - ₹22 L/yr

Senior Collection Officer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Sales Executive Salary

(260 salaries)

₹1.2 L/yr - ₹3.5 L/yr

Team Lead Salary

(4 salaries)

₹1.25 L/yr - ₹3.18 L/yr

Salary related reviews for IDBI Bank

Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 11 Sep 2023

4.0

for Salary and Benefits

Likes

Salary & employees monetary benefits due to IBA membership

Salary - Good

Dislikes

Unfair promotions practice, Impotent Supervisors in Retail Banking, Egoistic people in Mid Management, God Father culture, No career growth, Non posting of required employees in branches etc.,

Skill development - Bad

+5 more

Relationship Manager in Pune

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 20 Apr 2022

3.0

for Salary and Benefits

Likes

...s work with integrity. U get good customer exposure and handling multiple tasks. Pay scale is good.

Company culture - Good

Dislikes

Retail branch banking Work pressure, multi-tasking apart from ur job profile. No value addition. Very slow career growth and monotonous job, job rotation periodicity is very large. You will get leaves after too much hardship until it is for some emergency. Review meetings are organised after working hours and frequent commitments and u have to bring figures on every login day. Seniors cannot keep away from using unofficial language if u don't perform in business and Continuous follow up will just keep u on pressure. No mental peace and satisfaction at all in branch banking in metros. If u don't perform, either u r thrown out to rural branches or compelled to resign. If u r excellent in selling insurance policy, then this is the best place to work. Promotions in higher grades are preferably available to staff posted in regional and zonal offices and hardly any branch banking staff is chosen.

Work-life balance - Poor

Sales Executive in Surat

Sales & Marketing Department

5.0

• posted on 20 Jun 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture.teammates are supportive they give good sallary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth is slow.

Sales Executive in Basirhat

BFSI, Investments & Trading Department

4.0

• posted on 04 Jan 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture.company policies are good.

Skill development - Excellent

+1 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. On the job training is not given to new joinees

Job security - Poor

+1 more

Sales Executive in Madurai

Finance home loans Department

5.0

• posted on 19 May 2019

4.0

for Salary and Benefits

Likes

...job. But not job security for off role team(sales). Good managers. No politics. Salary is so delay.

Salary - Good

+5 more

Dislikes

Nothing to say dislike about idbi bank.

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 Manager Salary FAQs

How the salary growth look like for a Collections Manager at IDBI Bank in India?

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

Experience	Average Salary Range
13 years	₹18.0 Lakhs to ₹23.0 Lakhs per year
14 years	₹19.8 Lakhs to ₹25.3 Lakhs per year

and so on.

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IDBI Bank Collections Manager Salaries

IDBI Bank Collections Manager salary in India ranges between ₹20 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IDBI Bank latest salaries received from various employees of IDBI Bank.