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4.0

based on 9.6k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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IDFC FIRST Bank Collections Executive salaries in Madurai

Annual salary range
2 - 6 years exp.
₹1.2 Lakh - ₹2.7 Lakhs
Salary of majority employees
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At par with the average Collections Executive Salary in Banking Companies for 2 - 6 years of experience

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Last Updated: 11 Jan 2024

Companies similar to IDFC FIRST Bank for Collections Executive in Madurai

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IDFC FIRST Bank Collections Executive Salary

2 - 6 years exp. (5 salaries)

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₹1.2 L/yr - ₹2.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Collections Executive Salary

0 - 5 years exp. (4 salaries)

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₹2 L/yr - ₹2.7 L/yr

arrow icon 4% less
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₹1.4 L/yr - ₹2.6 L/yr

arrow icon 10% less
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₹1.4 L/yr - ₹2.5 L/yr

arrow icon 8% less
1 job opening
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Edelweiss Collections Executive Salary

6 - 8 years exp. (3 salaries)

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₹3 L/yr - ₹3.5 L/yr

arrow icon 31% more
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Aaa Associates Collections Executive Salary

1 - 3 years exp. (3 salaries)

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₹1.8 L/yr - ₹1.8 L/yr

arrow icon 33% less
Collections Executive salary at IDFC FIRST Bank ranges between ₹1.2 Lakh to ₹2.7 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Collections Executive in Madurai

11mo ago
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5 years exp.
1y ago
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5 years exp.
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4 years exp.
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6 years exp.
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2 years exp.

Experience wise IDFC FIRST Bank Collections Executive salaries in Madurai

Last Updated: 11 Jan 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹4.6 L/yr
3 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4.8 L/yr

Salary related reviews for IDFC FIRST Bank

3.9

Rated by 2 employees for salary & benefits

Other Department

4.0
  •  posted on 27 Apr 2022

4.0
 for  Salary and Benefits

Likes

I’m working for capital first in to IDFC first bank , Improve my knowledge improve my experience improve my working

Dislikes

...₹ sales person sales another shop 40000₹ Customer give amount 35000₹ , Then customer not pay Emi I asking to sales person 1 month only collect then next months are that customer not pay Emi So customer asking I’m not purchasing product only amount what do you take your action take action asking , collection manager supporting to sales person take commission for collection manager then collection agency take a commission for case’s high and torture for funding that customer fake I lost so amount collection manager take own agency another name working for collection how to working it so I leaving the job I resign job and resign the job but my I’d using the that collection agency supporting for collection manager, so many customers Live with the IDFC first bank and Bad behavior bad speech manager, collection Executive so same bad speech and bad behavior so many customer That reasons, leave it to IDFC first bank customer,

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Full Time

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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

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Dislikes

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

Full Time

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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.

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.

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Full Time

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Production, Manufacturing & Engineering Department

1.0
  •  posted on 08 Nov 2024

3.0
 for  Salary and Benefits

Likes

Salary structure is good depend on the role.

Dislikes

There is no fixed working hours. Partiality between employees by manager. Recession without any reason. No one listen employee concern. Overall Working culture is terrible.

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Full Time

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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

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Dislikes

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

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IDFC FIRST Bank Collections Executive Salary FAQs

What is the salary of Collections Executive at IDFC FIRST Bank Madurai?
Collections Executive salary at IDFC FIRST Bank in Madurai ranges between ₹1.2 Lakhs to ₹2.7 Lakhs for experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of IDFC FIRST Bank Madurai.
Which similar companies are paying more than IDFC FIRST Bank to a Collections Executive in Madurai?
  • Edelweiss Collections Executive Salary - ₹3.0 Lakhs to ₹3.5 Lakhs per year
What is the salary of a Collections Executive in companies similar to IDFC FIRST Bank in Madurai?
  • HDFC Bank Collections Executive Salary - ₹2.0 Lakhs to ₹2.7 Lakhs per year
  • Tata Motors Finance Collections Executive Salary - ₹1.4 Lakhs to ₹2.5 Lakhs per year
  • Jana Small Finance Bank Collections Executive Salary - ₹1.4 Lakhs to ₹2.6 Lakhs per year
  • Aaa Associates Collections Executive Salary - ₹1.8 Lakhs to ₹1.8 Lakhs per year
What is the estimated take home salary of a Collections Executive at IDFC FIRST Bank in Madurai?
The estimated take-home salary of a Collections Executive at IDFC FIRST Bank ranges between ₹18,446 per month to ₹20,133 per month in Madurai. The take-home salary calculation is based on the average IDFC FIRST Bank Collections Executive salary in India which ranges between ₹1.2 Lakhs to ₹2.7 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Collections Executive at IDFC FIRST Bank in Madurai?
According to AmbitionBox, 83% of the IDFC FIRST Bank Collections Executives in Madurai reported a notice period of 15 days or less, 17% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IDFC FIRST Bank Collections Executive salary in Madurai ranges between ₹1.2 Lakh to ₹2.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.