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

Annual salary range
1 - 11 years exp.
₹2 Lakhs - ₹10.6 Lakhs
Salary of majority employees
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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)
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₹2 L/yr - ₹10.6 L/yr

Finance & Accounting
Collections Manager Salary
1 - 11 years exp. (86 salaries)
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₹2.9 L/yr - ₹9.6 L/yr

Risk Management & Compliance
Collections Manager Salary
1 - 10 years exp. (29 salaries)
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₹3.5 L/yr - ₹9.4 L/yr

Customer Success, Service & Operations
Collections Manager Salary
1 - 11 years exp. (25 salaries)
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₹2.2 L/yr - ₹10 L/yr

Sales & Business Development
Collections Manager Salary
2 - 9 years exp. (18 salaries)
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₹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
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HDFC Bank Collections Manager Salary

0 - 18 years exp. (1.1k salaries)

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₹3 L/yr - ₹11.1 L/yr

arrow icon 1% more
2 job openings
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ICICI Bank Collections Manager Salary

3 - 15 years exp. (205 salaries)

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₹2.5 L/yr - ₹12 L/yr

arrow icon 15% more
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Axis Bank Collections Manager Salary

4 - 14 years exp. (285 salaries)

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₹2.9 L/yr - ₹13 L/yr

arrow icon 14% more
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Kotak Mahindra Bank Collections Manager Salary

3 - 14 years exp. (302 salaries)

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₹1.8 L/yr - ₹9.8 L/yr

arrow icon 5% less
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Yes Bank Collections Manager Salary

4 - 15 years exp. (141 salaries)

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₹4.2 L/yr - ₹10.5 L/yr

arrow icon 18% more
2 job openings
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IndusInd Bank Collections Manager Salary

1 - 14 years exp. (203 salaries)

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₹1.9 L/yr - ₹10 L/yr

arrow icon 1% more
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RBL Bank Collections Manager Salary

3 - 11 years exp. (74 salaries)

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₹2.2 L/yr - ₹10 L/yr

arrow icon 13% less
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Federal Bank Collections Manager Salary

4 - 7 years exp. (6 salaries)

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₹5.7 L/yr - ₹8 L/yr

arrow icon 5% more
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IDBI Bank Collections Manager Salary

13 - 14 years exp. (3 salaries)

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₹20 L/yr - ₹22 L/yr

arrow icon 222% more
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₹2 L/yr - ₹5.7 L/yr

arrow icon 41% less
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Bandhan Bank Collections Manager Salary

2 - 13 years exp. (41 salaries)

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₹2.7 L/yr - ₹9.9 L/yr

arrow icon 21% less
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₹2.2 L/yr - ₹6.5 L/yr

arrow icon 39% less
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Standard Chartered Collections Manager Salary

6 - 16 years exp. (16 salaries)

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₹5 L/yr - ₹11.5 L/yr

arrow icon 24% more
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₹1.8 L/yr - ₹8 L/yr

arrow icon 22% less
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Karur Vysya Bank Collections Manager Salary

4 - 10 years exp. (6 salaries)

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₹5.2 L/yr - ₹7.5 L/yr

arrow icon 3% more

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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.

Latest annual salaries shared by IDFC FIRST Bank Collections Manager

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6 years exp.
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9 years exp.
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6 years exp.
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9 years exp.
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9 years exp.

Experience wise IDFC FIRST Bank Collections Manager salaries

Last Updated: 25 Feb 2025

Experience Avg Annual Salary
1 year  (36 salaries)

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₹2.2 L/yr - ₹8.5 L/yr
2 years  (52 salaries)

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₹2 L/yr - ₹8.5 L/yr
3 years  (55 salaries)

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₹2.2 L/yr - ₹8.1 L/yr
4 years  (70 salaries)

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₹2.2 L/yr - ₹9 L/yr
5 years  (78 salaries)

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₹2.5 L/yr - ₹9 L/yr
View all
IDFC FIRST Bank Collections Manager Salary and Career Growth

From

To

Collections Manager

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1 - 11 years exp.

Zonal Collection Manager

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15 - 20 years exp.

Collections Manager 1 - 11 years exp.
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Area Collection Manager 8 - 18 years exp.
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arrow icon 108% hike
Regional Collection Manager 11 - 19 years exp.
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arrow icon 52% hike

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Similar Designation salaries in IDFC FIRST Bank

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₹1.75 L/yr - ₹4.8 L/yr
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₹6.25 L/yr - ₹20 L/yr
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₹25 L/yr - ₹31.35 L/yr
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₹2 L/yr - ₹3.6 L/yr
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₹7.5 L/yr - ₹10 L/yr
Cluster Manager Salary
(231 salaries)
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₹5.75 L/yr - ₹23 L/yr
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₹2 L/yr - ₹11 L/yr
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₹4 L/yr - ₹10 L/yr
Debt Manager Salary
(237 salaries)
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₹3.6 L/yr - ₹12 L/yr
Branch Manager Salary
(630 salaries)
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₹6.25 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
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Salary related reviews for IDFC FIRST Bank

4.1

Rated by 141 employees for salary & benefits

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.

read more

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

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Excellent
  • +4 more

Dislikes

Nothing

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

read more
  • Skill development - Bad
  • +4 more

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

read more

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.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 28 Aug 2023

4.0
 for  Salary and Benefits

Likes

Salary and perks

  • Salary - Good
  • +1 more

Dislikes

I worked in Refund team which is fall under RAS, where management is not good. All the appreciation is goes to girls and their closed ones it doesn't matter whether they only sit and scroll the social media whole day. I worked there only for 5 months, decided to leave organisation after completing my 2 months only because management treatment was very bad to me. RAS is good for girl employee only as management has soft corner for them, further understand what I am trying to tell here.

read more
  • Skill development - Bad
  • +4 more
see more salary related reviews

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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
  • ICICI Bank Collections Manager Salary - ₹2.5 Lakhs to ₹12.0 Lakhs per year
  • Axis Bank Collections Manager Salary - ₹2.9 Lakhs to ₹13.0 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 - ₹1.9 Lakhs to ₹10.0 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 salary in India ranges between ₹2 Lakhs to ₹10.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 568 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.