IDFC FIRST Bank Collections Manager Salaries by 500+ Employees (Updated 2025)

1 - 11 years exp.

₹2 Lakhs - ₹10.6 Lakhs

Salary of majority employees

15% more than the average Collections Manager Salary in Banking Companies for 1 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 1 - 11 years exp. (241 salaries)	₹2 L/yr - ₹10.6 L/yr
Finance & Accounting Collections Manager Salary 1 - 11 years exp. (86 salaries)	₹2.9 L/yr - ₹9.6 L/yr
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Risk Management & Compliance Collections Manager Salary 1 - 10 years exp. (29 salaries)	₹3.5 L/yr - ₹9.4 L/yr
Customer Success, Service & Operations Collections Manager Salary 1 - 11 years exp. (25 salaries)	₹2.2 L/yr - ₹10 L/yr
Sales & Business Development Collections Manager Salary 2 - 9 years exp. (18 salaries)	₹3 L/yr - ₹9.5 L/yr

Last Updated: 25 Feb 2025

Companies similar to IDFC FIRST Bank for Collections Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collections Manager Salary 0 - 18 years exp. (1.1k salaries)	₹3 L/yr - ₹11.1 L/yr 2% more	3 job openings
ICICI Bank Collections Manager Salary 3 - 15 years exp. (318 salaries)	₹2.5 L/yr - ₹12 L/yr 13% more
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Axis Bank Collections Manager Salary 4 - 14 years exp. (285 salaries)	₹2.9 L/yr - ₹13 L/yr 14% more
Kotak Mahindra Bank Collections Manager Salary 3 - 14 years exp. (302 salaries)	₹1.8 L/yr - ₹9.8 L/yr 5% less
Yes Bank Collections Manager Salary 4 - 15 years exp. (141 salaries)	₹4.2 L/yr - ₹10.5 L/yr 18% more	2 job openings
IndusInd Bank Collections Manager Salary 1 - 14 years exp. (200 salaries)	₹2 L/yr - ₹10.1 L/yr 1% more
RBL Bank Collections Manager Salary 3 - 11 years exp. (74 salaries)	₹2.2 L/yr - ₹10 L/yr 13% less
Federal Bank Collections Manager Salary 4 - 7 years exp. (6 salaries)	₹5.7 L/yr - ₹8 L/yr 5% more
IDBI Bank Collections Manager Salary 13 - 14 years exp. (3 salaries)	₹20 L/yr - ₹22 L/yr 222% more
Jana Small Finance Bank Collections Manager Salary 3 - 11 years exp. (63 salaries)	₹2 L/yr - ₹5.7 L/yr 41% less
Bandhan Bank Collections Manager Salary 2 - 13 years exp. (41 salaries)	₹2.7 L/yr - ₹9.9 L/yr 21% less
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Utkarsh Small Finance Bank Collections Manager Salary 2 - 11 years exp. (22 salaries)	₹2.2 L/yr - ₹6.5 L/yr 39% less
Standard Chartered Collections Manager Salary 6 - 16 years exp. (16 salaries)	₹5 L/yr - ₹11.5 L/yr 24% more
Ujjivan Small Finance Bank Collections Manager Salary 0 - 9 years exp. (14 salaries)	₹1.8 L/yr - ₹8 L/yr 22% less
Karur Vysya Bank Collections Manager Salary 4 - 10 years exp. (6 salaries)	₹5.2 L/yr - ₹7.5 L/yr 3% more

Collections Manager salary at IDFC FIRST Bank ranges between ₹2 Lakhs to ₹10.6 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 568 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Collections Manager salaries

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
1 year (36 salaries)	₹2.2 L/yr - ₹8.5 L/yr
2 years (52 salaries)	₹2 L/yr - ₹8.5 L/yr
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3 years (55 salaries)	₹2.2 L/yr - ₹8.1 L/yr
4 years (70 salaries)	₹2.2 L/yr - ₹9 L/yr
5 years (78 salaries)	₹2.5 L/yr - ₹9 L/yr
6 years (74 salaries)	₹3 L/yr - ₹9 L/yr
7 years (62 salaries)	₹3.5 L/yr - ₹9.4 L/yr
8 years (56 salaries)	₹3.9 L/yr - ₹9.2 L/yr
9 years (50 salaries)	₹4.3 L/yr - ₹10.6 L/yr
10 years (28 salaries)	₹4.8 L/yr - ₹10.5 L/yr
11 years (7 salaries)	₹6.5 L/yr - ₹9.3 L/yr

View all

From

Collections Manager

₹

Lakhs/yr

1 - 11 years exp.

Zonal Collection Manager

₹

Lakhs/yr

15 - 20 years exp.

Collections Manager 1 - 11 years exp.

Area Collection Manager 8 - 18 years exp.

105% hike

Regional Collection Manager 11 - 19 years exp.

54% hike

Similar Designation salaries in IDFC FIRST Bank

Collection Officer Salary

(94 salaries)

₹1.75 L/yr - ₹4.8 L/yr

Area Collection Manager Salary

(209 salaries)

₹6.25 L/yr - ₹20 L/yr

Zonal Collection Manager Salary

(10 salaries)

₹25 L/yr - ₹31.35 L/yr

Collection Associate Salary

(18 salaries)

₹2 L/yr - ₹3.6 L/yr

Branch Collection Manager Salary

(4 salaries)

₹7.5 L/yr - ₹10 L/yr

Cluster Manager Salary

(211 salaries)

₹5.75 L/yr - ₹21 L/yr

Relationship Manager Salary

(757 salaries)

₹2 L/yr - ₹10.78 L/yr

Recovery Manager Salary

(65 salaries)

₹4 L/yr - ₹10 L/yr

Debt Manager Salary

(237 salaries)

₹3.6 L/yr - ₹12 L/yr

Branch Manager Salary

(626 salaries)

₹6.24 L/yr - ₹26 L/yr

Top skills at IDFC FIRST Bank for Collections Manager

Legal Management MIS Reporting Administration Work EMI Banking Retail Banking Focus Consumer Durables Operations Customer Service Automation Monitoring Commercial Vehicle MIS

Salary related reviews for IDFC FIRST Bank

4.1

Rated by 141 employees for salary & benefits

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

Collections Manager in Bhubaneswar

BFSI, Investments & Trading Department

5.0

• posted on 20 Jan 2020

5.0

for Salary and Benefits

Likes

...d because it is a growing company, new branches are being opened on daily basis. Salary structure is good and also it gives you good hike at the time you join. If you qualify contests you can also go abroad. Politics depends upon your branch members. Work environment is very good. Work-life is well balanced.

Salary - Excellent

+4 more

Dislikes

Nothing

Sales Executive in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 04 Jun 2024

5.0

for Salary and Benefits

Likes

...by IDFC is top-notch and they prioritize developing our customer service skills. The pay and incentives are also motivating.

Salary - Excellent

+6 more

Dislikes

No dislikes as such

Branch Manager in Surat

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

Skill development - Bad

+4 more

Sales Executive in New Delhi

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

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.

Salary - Bad

+5 more

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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IDFC FIRST Bank Collections Manager Salary FAQs

What is the salary of Collections Manager at IDFC FIRST Bank?

Collections Manager salary at IDFC FIRST Bank in India ranges between ₹2.0 Lakhs to ₹10.6 Lakhs for experience between 1 years to 11 years. According to our estimates it is 15% more than the average Collections Manager Salary in India. Salary estimates are based on 568 latest salaries received from various employees of IDFC FIRST Bank India.

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

The average salary of a Collections Manager at IDFC FIRST Bank is 15% more than the average salary of a Collections Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Collections Manager at IDFC FIRST Bank?

Legal, Management, MIS Reporting, Administration Work and EMI are some of the popular skills required to work as a Collections Manager at IDFC FIRST Bank India.

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

IDBI Bank Collections Manager Salary - ₹20.0 Lakhs to ₹22.0 Lakhs per year
Standard Chartered Collections Manager Salary - ₹5.0 Lakhs to ₹11.5 Lakhs per year
Yes Bank Collections Manager Salary - ₹4.2 Lakhs to ₹10.5 Lakhs per year
Axis Bank Collections Manager Salary - ₹2.9 Lakhs to ₹13.0 Lakhs per year
ICICI Bank Collections Manager Salary - ₹2.5 Lakhs to ₹12.0 Lakhs per year

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

Federal Bank Collections Manager Salary - ₹5.7 Lakhs to ₹8.0 Lakhs per year
Karur Vysya Bank Collections Manager Salary - ₹5.2 Lakhs to ₹7.5 Lakhs per year
HDFC Bank Collections Manager Salary - ₹3.0 Lakhs to ₹11.1 Lakhs per year
IndusInd Bank Collections Manager Salary - ₹2.0 Lakhs to ₹10.1 Lakhs per year
Kotak Mahindra Bank Collections Manager Salary - ₹1.8 Lakhs to ₹9.8 Lakhs per year

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

The estimated take-home salary of a Collections Manager at IDFC FIRST Bank ranges between ₹48,930 per month to ₹50,087 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank Collections Manager salary in India which ranges between ₹2.0 Lakhs to ₹10.6 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 78% of the IDFC FIRST Bank Collections Managers reported a notice period of 3 Months, 11% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 418 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Collections Manager Salaries by Location

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IDFC FIRST Bank Collections Manager Salaries

IDFC FIRST Bank Collections Manager salary in India ranges between ₹2 Lakhs to ₹10.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 568 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.

IDFC FIRST Bank Collections Manager salaries in India (Updated 2025)

Companies similar to IDFC FIRST Bank for Collections Manager

Latest annual salaries shared by IDFC FIRST Bank Collections Manager

Experience wise IDFC FIRST Bank Collections Manager salaries

Similar Designation salaries in IDFC FIRST Bank

Top skills at IDFC FIRST Bank for Collections Manager

Salary related reviews for IDFC FIRST Bank

Collections Manager in Gurgaon / Gurugram

Collections Manager in Bhubaneswar

Sales Executive in New Delhi

Branch Manager in Surat

Sales Executive in New Delhi

IDFC FIRST Bank Collections Manager Salary FAQs

Tell us how to improve this page.

IDFC FIRST Bank Collections Manager Salaries by Location