IDFC FIRST Bank Cluster Collection Manager Salaries by 7 Employees (Updated 2025)

6 - 10 years exp.

₹3 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

31% less than the average Cluster Collection Manager Salary in Banking Companies for 6 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Collection Manager Salary 6 - 10 years exp. (5 salaries)	₹3 L/yr - ₹8 L/yr
Finance & Accounting Cluster Collection Manager Salary 7 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹8 L/yr
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Strategic & Top Management Cluster Collection Manager Salary 7 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 11 Dec 2023

Companies similar to IDFC FIRST Bank for Cluster Collection Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Cluster Collection Manager Salary 6 - 16 years exp. (7 salaries)	₹6.1 L/yr - ₹9 L/yr 13% more
ICICI Bank Cluster Collection Manager Salary 7 - 10 years exp. (3 salaries)	₹7.3 L/yr - ₹10 L/yr 39% more
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Kotak Mahindra Bank Cluster Collection Manager Salary 5 - 9 years exp. (4 salaries)	₹4.2 L/yr - ₹4.7 L/yr 32% less
RBL Bank Cluster Collection Manager Salary 5 - 13 years exp. (6 salaries)	₹6 L/yr - ₹8.9 L/yr 7% more
Ujjivan Small Finance Bank Cluster Collection Manager Salary 7 - 16 years exp. (76 salaries)	₹4 L/yr - ₹11 L/yr 20% more

Cluster Collection Manager salary at IDFC FIRST Bank ranges between ₹3 Lakhs to ₹8 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Cluster Collection Manager salaries

Last Updated: 11 Dec 2023

Experience	Avg Annual Salary
6 years (3 salaries)	₹3 L/yr - ₹8 L/yr
7 years (3 salaries)	₹4 L/yr - ₹8 L/yr
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8 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
10 years (AmbitionBox Estimate)	₹7 L/yr - ₹13 L/yr

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Salary related reviews for IDFC FIRST Bank

4.0

Rated by 1 employees for salary & benefits

Acquisition Manager in Mumbai

Full Time

Sales & Business Development Department

2.0

• posted on 20 Nov 2024

4.0

for Salary and Benefits

Likes

...hat you get after joining the Idfc first bank 1. You get a family mediclaim. 2. You get bonus as you complete 1 year. 3. You get Travel Expense. 4. You get reimbursement of you monthly phone bill

Salary - Good

+1 more

Dislikes

Company's Culture is not good, So before joining the retail banking in Idfc First bank think twice .

Promotions - Poor

+3 more

Teller in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 14 Nov 2024

4.0

for Salary and Benefits

Likes

Only their salary structure is good.

Salary - Good

+1 more

Dislikes

I resigned from this job because there was too much of favoritism specially in their Lower Parel branch. There is this person name Ajeetkumar Pandey (Branch Relationship Manager) who was previously Banker Authoriser is worst. 10 to 12 tellers/ cashier have resigned because of him. He is very smart in terms of office politics. And if people try to complain to the HR then he fulfills the branch's target so HR won't blame or question him. Worst HR and management.

Skill development - Bad

+4 more

Senior Relationship Manager in Shivamogga

Full Time

Finance & Accounting Department

5.0

• posted on 08 Nov 2024

5.0

for Salary and Benefits

Likes

On time salary and weekly off. And our products and policy is very simple and and S_. _C APPLICATION to work easily

Salary - Excellent

+6 more

Dislikes

In our branch we don't have customer meeting room . It's very shameful me when I discussions with customer

Acquisition Manager in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 18 Jul 2024

3.0

for Salary and Benefits

Likes

Nothing

Dislikes

...errible and the branch manager of green park and their bsm both are manner less. If you want good package then you can join n if you want mental health then I suggest pls don't join.

Skill development - Bad

+4 more

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

Salary - Bad

+6 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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IDFC FIRST Bank Cluster Collection Manager Salary FAQs

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

Cluster Collection Manager salary at IDFC FIRST Bank in India ranges between ₹3.0 Lakhs to ₹8.0 Lakhs for experience between 6 years to 10 years. According to our estimates it is 31% less than the average Cluster Collection Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of IDFC FIRST Bank India.

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

The average salary of a Cluster Collection Manager at IDFC FIRST Bank is 31% less than the average salary of a Cluster Collection Manager in India. To know exact salary insights, login to view.

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

ICICI Bank Cluster Collection Manager Salary - ₹7.3 Lakhs to ₹10.0 Lakhs per year
Ujjivan Small Finance Bank Cluster Collection Manager Salary - ₹4.0 Lakhs to ₹11.0 Lakhs per year
HDFC Bank Cluster Collection Manager Salary - ₹6.1 Lakhs to ₹9.0 Lakhs per year
RBL Bank Cluster Collection Manager Salary - ₹6.0 Lakhs to ₹8.9 Lakhs per year

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

Kotak Mahindra Bank Cluster Collection Manager Salary - ₹4.2 Lakhs to ₹4.7 Lakhs per year

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

The estimated take-home salary of a Cluster Collection Manager at IDFC FIRST Bank ranges between ₹49,003 per month to ₹50,161 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank Cluster Collection Manager salary in India which ranges between ₹3.0 Lakhs to ₹8.0 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Cluster Collection Manager at IDFC FIRST Bank?

According to AmbitionBox, 50% of the IDFC FIRST Bank Cluster Collection Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Cluster Collection Manager Salaries by Location

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IDFC FIRST Bank Cluster Collection Manager Salaries

IDFC FIRST Bank Cluster Collection Manager salary in India ranges between ₹3 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.