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IDFC FIRST Bank Collections Executive salaries in Mumbai (Updated 2025)

Annual salary range
0 - 7 years exp.
₹1.2 Lakh - ₹3.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Collections Executive Salary in Banking Companies for 0 - 7 years of experience

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Salaries in different departments

Finance & Accounting
Collections Executive Salary
1 - 7 years exp. (6 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 - ₹2.6 L/yr

Sales & Business Development
Collections Executive Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.8 L/yr

Customer Success, Service & Operations
Collections Executive Salary
2 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹2.7 L/yr

Last Updated: 8 Feb 2025

Companies similar to IDFC FIRST Bank for Collections Executive in Mumbai

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IDFC FIRST Bank Collections Executive Salary

0 - 7 years exp. (20 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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₹1.8 L/yr - ₹3.3 L/yr

arrow icon 5% more
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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 8% more
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₹1.5 L/yr - ₹3.1 L/yr

At par
1 job opening
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ICICI Bank Collections Executive Salary

2 - 6 years exp. (8 salaries)

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₹1.9 L/yr - ₹3.3 L/yr

arrow icon 3% more
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Yes Bank Collections Executive Salary

2 - 4 years exp. (4 salaries)

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₹2.8 L/yr - ₹3.7 L/yr

arrow icon 12% more
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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 9% more
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 7 years. Salary estimates are based on 20 latest salaries received from various employees of IDFC FIRST Bank.

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

2mo ago
₹2.8 Lakhs
7 years exp.
2mo ago
₹1.6 Lakh
3 years exp.
7mo ago
₹3 Lakhs
3 years exp.
1y ago
₹2.7 Lakhs
2 years exp.
1y ago
₹1.2 Lakh
1 year exp.
1y ago
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6 years exp.
1y ago
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5 months exp.

Experience wise IDFC FIRST Bank Collections Executive salaries in Mumbai

Last Updated: 8 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
1 year  (5 salaries)

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₹1.2 L/yr - ₹4.4 L/yr
2 years  (4 salaries)

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₹2 L/yr - ₹2.8 L/yr
3 years  (4 salaries)

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₹1.6 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3 L/yr
View all

Salary related reviews for IDFC FIRST Bank

4.6

Rated by 4 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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BFSI, Investments & Trading Department

4.0
  •  posted on 08 Apr 2025

5.0
 for  Salary and Benefits

Likes

Salary was good, work environment was good.

  • Salary - Excellent
  • +1 more

Dislikes

Management changes every 6 months and hence people cant get promotions. No one gets ratings above average. The manager stopped employees to go on time by giving extra work and expecting unrealistic outcomes. We used to work after office hour in the office till 8pm and yet we were not appreciated for this.

read more
  • Promotions - Poor

Full Time

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Product Management Department

2.0
  •  posted on 31 Mar 2025

3.0
 for  Salary and Benefits

Likes

...ant in this bank....total politics..they remove me after working hard 3 years...later on new manager kept his employee from diffrent vendor and they said because salary budget we are removing you from this position.... If they have salary budget then why they call new employee in that project.. Just politics...and nothing

read more
  • Work satisfaction - Good
  • +2 more

Dislikes

Everything

  • Job security - Bad
  • +1 more

Full Time

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Customer Success, Service & Operations Department

1.0
  •  posted on 11 Mar 2025

1.0
 for  Salary and Benefits

Likes

It was a bad decision to work with such bank

Dislikes

... a month of serving my notice period my health was not that good to resume work. Even after submitting medical documents my employer terminated my service and stating that I need to pay the rest of money for the remaining days of my notice period and does not settled my FNF stating it's in negative

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  • Salary - Bad
  • +6 more

Full Time

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Customer Success, Service & Operations Department

1.0
  •  posted on 06 Feb 2025

2.0
 for  Salary and Benefits

Likes

Nothing as such. Loans were provided to employees at minimum interest rates

  • Job security - Good

Dislikes

...because of staff loans, management should work on curtailment of such behaviour. HR is unaware of basic policies, when on boarding they say that bonus would be around 40-50% but at appraisal time everything goes below water. During onboarding clearly mentioned that as per banks policy holidays on weekends, but after joining it's revealed that working is essential on weekends in month ends Such pathetic policies they have.

read more
  • Salary - Poor
  • +5 more
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IDFC FIRST Bank Collections Executive Salary FAQs

What is the salary of Collections Executive at IDFC FIRST Bank in Mumbai?
The average salary of a Collections Executive at IDFC FIRST Bank in Mumbai typically ranges from ₹1.2 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Collections Executive in Mumbai at IDFC FIRST Bank earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Collections Executive 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 20+ IDFC FIRST Bank employees in India.
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 in Mumbai typically ranges from ₹17,888 to ₹19,583 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 7 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 20+ salaries received from various employees of IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than IDFC FIRST Bank for Collections Executive in India?
Yes Bank ₹2.8 Lakhs to ₹3.7 Lakhs per year
Axis Bank ₹2.0 Lakhs to ₹3.8 Lakhs per year
HDFC Bank ₹1.5 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindra Bank ₹1.8 Lakhs to ₹3.3 Lakhs per year
ICICI Bank ₹1.9 Lakhs to ₹3.3 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 Collections Executive in companies similar to IDFC FIRST Bank in Mumbai?
The salary of a Collections Executive at companies similar to IDFC FIRST Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Jana Small Finance Bank ₹1.5 Lakhs to ₹3.1 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 Collections Executive at IDFC FIRST Bank in Mumbai?
The salary growth for a Collections Executive at IDFC FIRST Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Collections Executive in Mumbai can expect the following growth trajectory at IDFC FIRST Bank:

Experience Average Salary Range
Fresher ₹2.2 Lakhs to ₹2.8 Lakhs per year
1 year ₹1.2 Lakhs to ₹4.4 Lakhs per year
2 years ₹2.0 Lakhs to ₹2.8 Lakhs per year
3 years ₹1.6 Lakhs to ₹3.0 Lakhs per year
and so on.

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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 20 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.