IDFC FIRST Bank Ludhiana Collections Manager Salaries by 20+ Employees (Updated 2024)

1 - 10 years exp.

₹3.1 Lakhs - ₹8.5 Lakhs

Salary of majority employees

At par with the average Collections Manager Salary in Banking Companies for 1 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 1 - 10 years exp. (9 salaries)	₹3.8 L/yr - ₹8.5 L/yr
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Finance & Accounting Collections Manager Salary 1 - 7 years exp. (6 salaries)	₹5.8 L/yr - ₹8.2 L/yr

Last Updated: 8 Nov 2024

Companies similar to IDFC FIRST Bank for Collections Manager in Ludhiana

IDFC FIRST Bank Collections Manager Salary

1 - 10 years exp. (23 salaries)

₹3.1 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Collections Manager Salary 3 - 13 years exp. (6 salaries)	₹4.3 L/yr - ₹8 L/yr 6% more
IndusInd Bank Collections Manager Salary 5 - 15 years exp. (9 salaries)	₹5 L/yr - ₹7.4 L/yr 6% less
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Kotak Mahindra Prime Collections Manager Salary 6 - 11 years exp. (5 salaries)	₹3.1 L/yr - ₹5.8 L/yr 27% less
AU Small Finance Bank Collections Manager Salary 7 - 17 years exp. (3 salaries)	₹3.8 L/yr - ₹7.2 L/yr 21% less

Collections Manager salary at IDFC FIRST Bank ranges between ₹3.1 Lakhs to ₹8.5 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 23 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Collections Manager salaries in Ludhiana

Last Updated: 8 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.8 L/yr - ₹5.8 L/yr
2 years (3 salaries)	₹4.8 L/yr - ₹7 L/yr
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3 years (3 salaries)	₹4.1 L/yr - ₹7.2 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8.2 L/yr
5 years (3 salaries)	₹5.5 L/yr - ₹7 L/yr
6 years (4 salaries)	₹5.5 L/yr - ₹6.6 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹8 L/yr
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7 L/yr
9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.2 L/yr
10 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8.5 L/yr

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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 7 - 18 years exp.

105% hike

Regional Collection Manager 11 - 19 years exp.

57% hike

From

Collections Manager

1 - 11 years exp.

Territory Collection Manager

5 - 13 years exp.

Similar Designation salaries in IDFC FIRST Bank

Debt Manager Salary

(12 salaries)

₹3.75 L/yr - ₹9.1 L/yr

Area Collection Manager Salary

(4 salaries)

₹8.7 L/yr - ₹14 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

4.0

Rated by 3 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

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.

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.

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

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

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.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IDFC FIRST Bank Collections Manager Salary FAQs

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

Collections Manager salary at IDFC FIRST Bank in Ludhiana ranges between ₹3.1 Lakhs to ₹8.5 Lakhs for experience between 1 years to 10 years. According to our estimates it is 2% more than the average Collections Manager Salary in India. Salary estimates are based on 23 latest salaries received from various employees of IDFC FIRST Bank Ludhiana.

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

The average salary of a Collections Manager at IDFC FIRST Bank is 2% more than the average salary of a Collections Manager in Ludhiana. 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 Ludhiana.

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

ICICI Bank Collections Manager Salary - ₹4.3 Lakhs to ₹8.0 Lakhs per year

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

IndusInd Bank Collections Manager Salary - ₹5.0 Lakhs to ₹7.4 Lakhs per year
AU Small Finance Bank Collections Manager Salary - ₹3.8 Lakhs to ₹7.2 Lakhs per year
Kotak Mahindra Prime Collections Manager Salary - ₹3.1 Lakhs to ₹5.8 Lakhs per year

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

The estimated take-home salary of a Collections Manager at IDFC FIRST Bank ranges between ₹49,538 per month to ₹50,708 per month in Ludhiana. The take-home salary calculation is based on the average IDFC FIRST Bank Collections Manager salary in India which ranges between ₹3.1 Lakhs to ₹8.5 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 82% of the IDFC FIRST Bank Collections Managers in Ludhiana reported a notice period of 3 Months, 18% reported a notice period of 15 days or less.This is based on 11 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Collections Manager Salaries in Ludhiana

IDFC FIRST Bank Collections Manager salary in Ludhiana ranges between ₹3.1 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.