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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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IDFC FIRST Bank Area Collection Manager salaries in Mumbai

Annual salary range
8 - 16 years exp.
₹9.5 Lakhs - ₹16 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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39% more than the average Area Collection Manager Salary in Banking Companies for 8 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Collection Manager Salary
10 - 14 years exp. (9 salaries)
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₹10.5 L/yr - ₹14.3 L/yr

Finance & Accounting
Area Collection Manager Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹9.5 L/yr - ₹15 L/yr

Customer Success, Service & Operations
Area Collection Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹10.2 L/yr - ₹14.8 L/yr

Last Updated: 20 Sep 2024

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

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IDFC FIRST Bank Area Collection Manager Salary

8 - 16 years exp. (16 salaries)

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₹9.5 L/yr - ₹16 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Area Collection Manager Salary

10 - 17 years exp. (15 salaries)

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₹7.2 L/yr - ₹15 L/yr

arrow icon 15% less
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HDFC Bank Area Collection Manager Salary

11 - 22 years exp. (8 salaries)

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₹9.8 L/yr - ₹25 L/yr

arrow icon 14% more
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₹1 L/yr - ₹4.3 L/yr

arrow icon 72% less
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₹7.3 L/yr - ₹12.3 L/yr

arrow icon 18% less
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IndusInd Bank Area Collection Manager Salary

12 - 15 years exp. (4 salaries)

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₹6 L/yr - ₹15.5 L/yr

arrow icon 8% less
1 job opening
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Axis Bank Area Collection Manager Salary

14 - 21 years exp. (4 salaries)

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₹10.6 L/yr - ₹17 L/yr

arrow icon 3% more
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₹9.8 L/yr - ₹11.3 L/yr

arrow icon 20% less
Area Collection Manager salary at IDFC FIRST Bank ranges between ₹9.5 Lakhs to ₹16 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 16 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Area Collection Manager in Mumbai

6mo ago
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15 years exp.
1y ago
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9 years exp.
1y ago
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13 years exp.
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9 years exp.
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12 years exp.

Experience wise IDFC FIRST Bank Area Collection Manager salaries in Mumbai

Last Updated: 20 Sep 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹10.3 L/yr - ₹13.2 L/yr
9 years (AmbitionBox Estimate)

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₹10.6 L/yr - ₹13.6 L/yr
10 years (AmbitionBox Estimate)

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₹11 L/yr - ₹14 L/yr
11 years (AmbitionBox Estimate)

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₹11.3 L/yr - ₹14.4 L/yr
12 years  (5 salaries)

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₹10.5 L/yr - ₹14.3 L/yr
View all
IDFC FIRST Bank Area Collection Manager Salary and Career Growth

From

To

Area Collection Manager

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8 - 18 years exp.

Zonal Collection Manager

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11 - 20 years exp.

Area Collection Manager 8 - 18 years exp.
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arrow icon 53% hike
    Zonal Collection Manager 11 - 20 years exp.
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    arrow icon 46% 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

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    ₹3 L/yr - ₹9 L/yr
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    ₹9 L/yr - ₹16 L/yr
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    ₹16.4 L/yr - ₹21.47 L/yr
    Area Manager Salary
    (3 salaries)
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    ₹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

    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.

    read more

    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

    read more
    • Salary - Bad
    • +6 more

    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

    • Salary - Excellent
    • +1 more

    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

    read more
    • Skill development - Bad
    • +4 more

    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

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    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.

    read more
    • Salary - Bad
    • +5 more

    Full Time

     · 

    BFSI, Investments & Trading Department

    1.0
      •  posted on 28 Aug 2023

    4.0
     for  Salary and Benefits

    Likes

    Salary and perks

    • Salary - Good
    • +1 more

    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.

    read more
    • Skill development - Bad
    • +4 more

    Full Time

     · 

    BFSI, Investments & Trading Department

    5.0
      •  posted on 28 Mar 2023

    4.0
     for  Salary and Benefits

    Likes

    This is my first job and had great experience working in IDFC FIRST BANK. Got alot to learn and I got chance to built new skills. Work culture is smooth, on every level people guide and support so never felt lack of learning in any point of situation.

    read more
    • Salary - Good
    • +4 more

    Dislikes

    There is nothing to hate about IDFC , but no body can ever be satisfied from their salary, but obviously according to me salary offer to me was less as compared to market value my skills and knowledge hold , it's been one year , I am not seeing appraisal scope here , so planning to change my job , After all we all are here to earn and learn .

    read more
    • Promotions - Poor
    see more salary related reviews

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    IDFC FIRST Bank Area Collection Manager Salary FAQs

    What is the salary of Area Collection Manager at IDFC FIRST Bank in Mumbai?
    The average salary of a Area Collection Manager at IDFC FIRST Bank in Mumbai typically ranges from ₹9.5 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 8 years to 16 years).

    The top 10% of Area Collection Manager in Mumbai at IDFC FIRST Bank earn more than ₹14.3 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Area Collection Manager Salaries at IDFC FIRST 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 10+ IDFC FIRST Bank employees in India.
    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 in Mumbai typically ranges from ₹92,988 to ₹95,483 per month. This is based on the average salary range of ₹9.5 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 8 years to 16 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 10+ salaries received from various employees of IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
    What are the key skills required to be a Area Collection Manager at IDFC FIRST Bank in Mumbai?
    To be a Area Collection Manager at IDFC FIRST Bank in Mumbai, the key skills required include:

    • - Management
    • - Legal
    • - Operations
    • - Monitoring
    • - Legal Advice

    These skills are highly valued at IDFC FIRST Bank and are crucial for successful performance in a Software Engineering role.
    Which companies offer higher salaries than IDFC FIRST Bank for Area Collection Manager in India?
    HDFC Bank ₹9.8 Lakhs to ₹25.0 Lakhs per year
    Axis Bank ₹10.6 Lakhs to ₹17.0 Lakhs per year

    These companies are known for offering competitive compensation packages that can exceed the salary offered by IDFC FIRST Bank, depending on the role and experience level.
    What is the salary of a Area Collection Manager in companies similar to IDFC FIRST Bank in Mumbai?
    The salary of a Area Collection Manager at companies similar to IDFC FIRST Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    IndusInd Bank ₹6.0 Lakhs to ₹15.5 Lakhs per year
    ICICI Bank ₹7.2 Lakhs to ₹15.0 Lakhs per year
    Kotak Mahindra Bank ₹7.3 Lakhs to ₹12.3 Lakhs per year
    Ujjivan Small Finance Bank ₹9.8 Lakhs to ₹11.3 Lakhs per year
    Jana Small Finance Bank ₹1.0 Lakhs to ₹4.3 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 Area Collection Manager at IDFC FIRST Bank in Mumbai?
    The salary growth for a Area Collection Manager at IDFC FIRST Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Area Collection Manager in Mumbai can expect the following growth trajectory at IDFC FIRST Bank:

    Experience Average Salary Range
    8 years ₹10.3 Lakhs to ₹13.2 Lakhs per year
    9 years ₹10.6 Lakhs to ₹13.6 Lakhs per year
    10 years ₹11.0 Lakhs to ₹14.0 Lakhs per year
    11 years ₹11.3 Lakhs to ₹14.4 Lakhs per year
    and so on.

    Tell us how to improve this page.

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