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4.0

based on 10k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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IDFC FIRST Bank Collections Executive salaries in Mumbai

Annual salary range
0 - 6 years exp.
₹1.2 Lakh - ₹3.5 Lakhs
Salary of majority employees
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10% more than the average Collections Executive Salary in Banking Companies for 0 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Collections Executive Salary
1 - 6 years exp. (5 salaries)
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₹2.4 L/yr - ₹3 L/yr

BFSI, Investments & Trading
Collections Executive Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.9 L/yr

Sales & Business Development
Collections Executive Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹2.9 L/yr

Customer Success, Service & Operations
Collections Executive Salary
2 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3 L/yr

Last Updated: 18 Aug 2024

Companies similar to IDFC FIRST Bank for Collections Executive in Mumbai

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IDFC FIRST Bank Collections Executive Salary

0 - 6 years exp. (19 salaries)

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₹1.2 L/yr - ₹3.5 L/yr

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

1 - 7 years exp. (14 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 3% less
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ICICI Bank Collections Executive Salary

2 - 6 years exp. (9 salaries)

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₹1.9 L/yr - ₹3.3 L/yr

arrow icon 13% less
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Axis Bank Collections Executive Salary

3 - 5 years exp. (3 salaries)

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₹2 L/yr - ₹3.8 L/yr

arrow icon 13% less
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₹1.2 L/yr - ₹3.3 L/yr

arrow icon 2% less
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Yes Bank Collections Executive Salary

2 - 4 years exp. (4 salaries)

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₹2.9 L/yr - ₹3.7 L/yr

arrow icon 4% more
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₹1.5 L/yr - ₹3.6 L/yr

arrow icon 10% less
Collections Executive salary at IDFC FIRST Bank ranges between ₹1.2 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 19 latest salaries received from various employees of IDFC FIRST Bank.

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

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Experience wise IDFC FIRST Bank Collections Executive salaries in Mumbai

Last Updated: 18 Aug 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2 L/yr - ₹4.8 L/yr
1 year  (5 salaries)

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₹1.2 L/yr - ₹4.8 L/yr
2 years  (4 salaries)

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₹2 L/yr - ₹2.8 L/yr
3 years  (3 salaries)

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₹2.4 L/yr - ₹3 L/yr
4 years  (3 salaries)

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₹2.8 L/yr - ₹3.5 L/yr
View all

Salary related reviews for IDFC FIRST Bank

3.5

Rated by 3 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

  • Salary - Good
  • +5 more

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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Engineering - Software & QA Department

1.0
  •  posted on 27 Jan 2025

1.0
 for  Salary and Benefits

Likes

Employee benefits as per banking industry is good if u have home loans

Dislikes

Work life balance, leadership is like complete egoistic and worst, salary hike is not based on performance, job security is close to nothing

read more
  • Salary - Bad
  • +6 more

Full Time

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BFSI, Investments & Trading Department

5.0
  •  posted on 20 Dec 2024

5.0
 for  Salary and Benefits

Likes

It has good compensation and promotion policy for internal talent Top Leadership has lot of focus in driving the bank forward

read more
  • Salary - Excellent
  • +5 more

Dislikes

It lags in overall learning and development of talent Support teams are somewhat inefficient

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

read more
  • 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

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.

  • 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.

read more
  • Skill development - Bad
  • +4 more
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IDFC FIRST Bank Collections Executive Salary FAQs

What is the salary of Collections Executive at IDFC FIRST Bank Mumbai?
Collections Executive salary at IDFC FIRST Bank in Mumbai ranges between ₹1.2 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 10% more than the average Collections Executive Salary in India. Salary estimates are based on 19 latest salaries received from various employees of IDFC FIRST Bank Mumbai.
How does the salary of a Collections Executive at IDFC FIRST Bank Mumbai compare with the average salary range for this job?
The average salary of a Collections Executive at IDFC FIRST Bank is 10% more than the average salary of a Collections Executive in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than IDFC FIRST Bank to a Collections Executive in Mumbai?
  • Yes Bank Collections Executive Salary - ₹2.9 Lakhs to ₹3.7 Lakhs per year
What is the salary of a Collections Executive in companies similar to IDFC FIRST Bank in Mumbai?
  • Kotak Mahindra Bank Collections Executive Salary - ₹1.2 Lakhs to ₹3.3 Lakhs per year
  • HDFC Bank Collections Executive Salary - ₹1.5 Lakhs to ₹4.0 Lakhs per year
  • Jana Small Finance Bank Collections Executive Salary - ₹1.5 Lakhs to ₹3.6 Lakhs per year
  • ICICI Bank Collections Executive Salary - ₹1.9 Lakhs to ₹3.3 Lakhs per year
  • Axis Bank Collections Executive Salary - ₹2.0 Lakhs to ₹3.8 Lakhs per year
What is the estimated take home salary of a Collections Executive at IDFC FIRST Bank in Mumbai?
The estimated take-home salary of a Collections Executive at IDFC FIRST Bank ranges between ₹19,764 per month to ₹21,431 per month in Mumbai. 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 ₹3.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Collections Executive at IDFC FIRST Bank in Mumbai?
According to AmbitionBox, 50% of the IDFC FIRST Bank Collections Executives in Mumbai reported a notice period of 1 Month, 38% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IDFC FIRST Bank Collections Executive salary in Mumbai ranges between ₹1.2 Lakh to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 19 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.