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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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Fixed (100%)
₹6.4 Lakhs
Variable (0%)
₹0.0
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14% 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. (87 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: 16 Mar 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

1 - 18 years exp. (1.1k salaries)

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₹2 L/yr - ₹11.1 L/yr

arrow icon 4% more
7 job openings
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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 3% less
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Axis Bank Collections Manager Salary

4 - 14 years exp. (288 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 15% more
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ICICI Bank Collections Manager Salary

3 - 15 years exp. (254 salaries)

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₹3.7 L/yr - ₹12 L/yr

arrow icon 14% more
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IndusInd Bank Collections Manager Salary

1 - 14 years exp. (203 salaries)

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₹2.2 L/yr - ₹10 L/yr

arrow icon 1% more
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Yes Bank Collections Manager Salary

4 - 15 years exp. (149 salaries)

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₹4.2 L/yr - ₹10.5 L/yr

arrow icon 18% more
1 job opening
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RBL Bank Collections Manager Salary

3 - 11 years exp. (75 salaries)

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₹2.2 L/yr - ₹10 L/yr

arrow icon 13% less
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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. (44 salaries)

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₹2.7 L/yr - ₹9.9 L/yr

arrow icon 18% less
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₹2.2 L/yr - ₹6.5 L/yr

arrow icon 38% less
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Standard Chartered Collections Manager Salary

6 - 16 years exp. (13 salaries)

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₹5 L/yr - ₹11.5 L/yr

arrow icon 20% more
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₹1.8 L/yr - ₹8.9 L/yr

arrow icon 27% 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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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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IDBI Bank Collections Manager Salary

13 - 14 years exp. (3 salaries)

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₹20 L/yr - ₹22 L/yr

arrow icon 223% 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 569 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Collections Manager

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Experience wise IDFC FIRST Bank Collections Manager salaries

Last Updated: 16 Mar 2025

Experience Avg Annual Salary
1 year  (38 salaries)

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₹2.2 L/yr - ₹8.5 L/yr
2 years  (54 salaries)

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₹2 L/yr - ₹9 L/yr
3 years  (53 salaries)

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₹2.2 L/yr - ₹8.1 L/yr
4 years  (69 salaries)

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₹2.2 L/yr - ₹9 L/yr
5 years  (77 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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11 - 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 107% hike

Regional Collection Manager

11 - 19 years exp.
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arrow icon 53% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in IDFC FIRST Bank

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₹1.75 L/yr - ₹4 L/yr
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₹6.25 L/yr - ₹20 L/yr
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₹21.25 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
(213 salaries)
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₹5.75 L/yr - ₹21 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
(200 salaries)
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₹3.6 L/yr - ₹12 L/yr
Branch Manager Salary
(631 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

Salary related reviews for IDFC FIRST Bank

4.1

Rated by 143 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

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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 ?
The average salary of a Collections Manager at IDFC FIRST Bank in India typically ranges from ₹2.0 Lakhs to ₹10.6 Lakhs per year, depending on experience (from 1 year to 11 years).

The top 10% of Collections Manager at IDFC FIRST Bank earn more than ₹8.3 Lakhs per year, and the top 1% earn over ₹9.6 Lakhs per year. Collections Manager 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 500+ IDFC FIRST Bank employees in India.
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 in India typically ranges from ₹48,840 to ₹49,995 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹10.6 Lakhs per year for employees with experience ranging from 1 year to 11 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 500+ salaries received from various employees of IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Collections Manager at IDFC FIRST Bank ?
To be a Collections Manager at IDFC FIRST Bank in india, the key skills required include:

  • - Legal
  • - Management
  • - MIS Reporting
  • - Administration Work
  • - EMI

These skills are highly valued at IDFC FIRST Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than IDFC FIRST Bank for Collections Manager in India?
IDBI Bank ₹20.0 Lakhs to ₹22.0 Lakhs per year
Standard Chartered ₹5.0 Lakhs to ₹11.5 Lakhs per year
Yes Bank ₹4.2 Lakhs to ₹10.5 Lakhs per year
Axis Bank ₹3.0 Lakhs to ₹13.0 Lakhs per year
ICICI Bank ₹3.7 Lakhs to ₹12.0 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 Manager in companies similar to IDFC FIRST Bank in India?
The salary of a Collections Manager at companies similar to IDFC FIRST Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Federal Bank ₹5.7 Lakhs to ₹8.0 Lakhs per year
HDFC Bank ₹2.0 Lakhs to ₹11.1 Lakhs per year
Karur Vysya Bank ₹5.2 Lakhs to ₹7.5 Lakhs per year
IndusInd Bank ₹2.2 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindra Bank ₹1.8 Lakhs to ₹9.8 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 Manager at IDFC FIRST Bank in India?
The salary growth for a Collections Manager at IDFC FIRST Bank depends on factors such as experience, performance, and promotions. On average, a Collections Manager can expect the following growth trajectory at IDFC FIRST Bank:

Experience Average Salary Range
1 year ₹2.2 Lakhs to ₹8.5 Lakhs per year
2 years ₹2.0 Lakhs to ₹9.0 Lakhs per year
3 years ₹2.2 Lakhs to ₹8.1 Lakhs per year
4 years ₹2.2 Lakhs to ₹9.0 Lakhs per year
and so on.

Tell us how to improve this page.

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