IDFC FIRST Bank Mumbai Area Collection Manager Salaries by 10+ Employees (Updated 2024)

7 - 16 years exp.

₹9.5 Lakhs - ₹16 Lakhs

Salary of majority employees

42% more than the average Area Collection Manager Salary in Banking Companies for 7 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Collection Manager Salary 7 - 14 years exp. (11 salaries)	₹10.5 L/yr - ₹14.3 L/yr
Finance & Accounting Area Collection Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹15.1 L/yr
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Customer Success, Service & Operations Area Collection Manager Salary 9 years exp. (AmbitionBox Estimate)	₹10.2 L/yr - ₹15 L/yr

Last Updated: 20 Sep 2024

Companies similar to IDFC FIRST Bank for Area Collection Manager in Mumbai

IDFC FIRST Bank Area Collection Manager Salary

7 - 16 years exp. (18 salaries)

₹9.5 L/yr - ₹16 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Collection Manager Salary 15 - 22 years exp. (8 salaries)	₹9.8 L/yr - ₹25 L/yr 6% more
ICICI Bank Area Collection Manager Salary 10 - 17 years exp. (14 salaries)	₹7.2 L/yr - ₹15 L/yr 14% less
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Kotak Mahindra Bank Area Collection Manager Salary 6 - 17 years exp. (8 salaries)	₹7.3 L/yr - ₹15 L/yr 17% less
IndusInd Bank Area Collection Manager Salary 12 - 15 years exp. (3 salaries)	₹6 L/yr - ₹14.7 L/yr 18% less
Jana Small Finance Bank Area Collection Manager Salary 2 - 9 years exp. (7 salaries)	₹1 L/yr - ₹4.3 L/yr 73% less
Ujjivan Small Finance Bank Area Collection Manager Salary 11 - 13 years exp. (3 salaries)	₹9.8 L/yr - ₹12.4 L/yr 9% less	1 job opening

Area Collection Manager salary at IDFC FIRST Bank ranges between ₹9.5 Lakhs to ₹16 Lakhs per year for employees with experience between 7 years to 16 years. Salary estimates are based on 18 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Area Collection Manager salaries in Mumbai

Last Updated: 20 Sep 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹14 L/yr
8 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹21.9 L/yr
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9 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹22.4 L/yr
10 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹13.5 L/yr
11 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
12 years (6 salaries)	₹10.5 L/yr - ₹14.3 L/yr
13 years (3 salaries)	₹13 L/yr - ₹16 L/yr
14 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹14.3 L/yr
15+ years (AmbitionBox Estimate)	₹13 L/yr - ₹26.3 L/yr

View all

From

Area Collection Manager

₹

Lakhs/yr

7 - 18 years exp.

Zonal Collection Manager

₹

Lakhs/yr

15 - 20 years exp.

Area Collection Manager 7 - 18 years exp.

Regional Collection Manager 11 - 19 years exp.

53% hike

Zonal Collection Manager 15 - 20 years exp.

40% hike

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 IDFC FIRST Bank

Collections Manager Salary

(59 salaries)

₹3 L/yr - ₹9 L/yr

Regional Collection Manager Salary

(5 salaries)

₹16.4 L/yr - ₹21.21 L/yr

Area Debt Manager Salary

(3 salaries)

₹9 L/yr - ₹16 L/yr

Area Manager Salary

(3 salaries)

₹10.5 L/yr - ₹15.5 L/yr

Top skills at IDFC FIRST Bank for Area Collection Manager

Management Legal Operations Monitoring Legal Advice Budgeting Cost Retail Banking Finance Focus Corporate Consumer Durables Credit Cards Customer Service Collections

Salary related reviews for IDFC FIRST Bank

4.0

Rated by 3 employees for salary & benefits

Collections Manager in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

1.0

• posted on 20 Jun 2024

1.0

for Salary and Benefits

Likes

I don’t like anything about this company expect the fast that you will get your salary on time thats it.

Dislikes

They are asking employee to work 7 days a week and still proud of growth saying that competition is really high you need to work all 7 days. No work life balance You will just be left with money no time to spend it. Abusive seniors mental harassment if you refuse to work on sunday’s

Sales Executive in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 04 Jun 2024

5.0

for Salary and Benefits

Likes

...by IDFC is top-notch and they prioritize developing our customer service skills. The pay and incentives are also motivating.

Dislikes

No dislikes as such

Branch Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 21 Nov 2023

5.0

for Salary and Benefits

Likes

Benefits on loans are good. Salary and package is good

Dislikes

Management is sending 100% pressure on Branch Manager. 9 crore month on month CASA & TD is asking rate. Too much pressure on each parameters. Not driving Target as per branch size or branch's seniority. Job security is almost nil. Threatened by management on job

Sales Executive in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 13 Sep 2023

1.0

for Salary and Benefits

Likes

Nothing I just only like that they give you the off but in that off they cut the salary also what is the job is this??? So it means I don't like this job, they don't hire you permanently because of if you don't give the targeted thing they will don't give you the salary and they expect ki hum inko itna Business karke de ki jitna Inka bhai karke dede

Dislikes

I don't like to work in this company as employee and already working in this bank as I am very disappointed in this company by seniors saloni bhalla territory manager of sepl and pradeep saluja state head of sepl. I feel discrimination in this company by the seniors and the other staff I am also like them I wanted to fall so I can work at there but I really didn't felt about that.

Deputy Manager in Navi Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 28 Aug 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Dislikes

I worked in Refund team which is fall under RAS, where management is not good. All the appreciation is goes to girls and their closed ones it doesn't matter whether they only sit and scroll the social media whole day. I worked there only for 5 months, decided to leave organisation after completing my 2 months only because management treatment was very bad to me. RAS is good for girl employee only as management has soft corner for them, further understand what I am trying to tell here.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IDFC FIRST Bank Area Collection Manager Salary FAQs

What is the salary of Area Collection Manager at IDFC FIRST Bank Mumbai?

Area Collection Manager salary at IDFC FIRST Bank in Mumbai ranges between ₹9.5 Lakhs to ₹16.0 Lakhs for experience between 7 years to 16 years. According to our estimates it is 42% more than the average Area Collection Manager Salary in India. Salary estimates are based on 18 latest salaries received from various employees of IDFC FIRST Bank Mumbai.

How does the salary of a Area Collection Manager at IDFC FIRST Bank Mumbai compare with the average salary range for this job?

The average salary of a Area Collection Manager at IDFC FIRST Bank is 42% more than the average salary of a Area Collection Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Area Collection Manager at IDFC FIRST Bank?

Management, Legal, Operations, Monitoring and Legal Advice are some of the popular skills required to work as a Area Collection Manager at IDFC FIRST Bank Mumbai.

Which similar companies are paying more than IDFC FIRST Bank to a Area Collection Manager in Mumbai?

HDFC Bank Area Collection Manager Salary - ₹9.8 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Area Collection Manager in companies similar to IDFC FIRST Bank in Mumbai?

Ujjivan Small Finance Bank Area Collection Manager Salary - ₹9.8 Lakhs to ₹12.4 Lakhs per year
ICICI Bank Area Collection Manager Salary - ₹7.2 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindra Bank Area Collection Manager Salary - ₹7.3 Lakhs to ₹15.0 Lakhs per year
IndusInd Bank Area Collection Manager Salary - ₹6.0 Lakhs to ₹14.7 Lakhs per year
Jana Small Finance Bank Area Collection Manager Salary - ₹1.0 Lakhs to ₹4.3 Lakhs per year

What is the estimated take home salary of a Area Collection Manager at IDFC FIRST Bank in Mumbai?

The estimated take-home salary of a Area Collection Manager at IDFC FIRST Bank ranges between ₹94,488 per month to ₹97,031 per month in Mumbai. The take-home salary calculation is based on the average IDFC FIRST Bank Area Collection Manager salary in India which ranges between ₹9.5 Lakhs to ₹16.0 Lakhs per year for employees with experience between 7 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Area Collection Manager at IDFC FIRST Bank in Mumbai?

According to AmbitionBox, 70% of the IDFC FIRST Bank Area Collection Managers in Mumbai reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Area Collection Manager Salaries in Mumbai

IDFC FIRST Bank Area Collection Manager salary in Mumbai ranges between ₹9.5 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.