IDFC FIRST Bank Mumbai Collections Manager Salaries by 50+ Employees (Updated 2025)

1 - 10 years exp.

₹3 Lakhs - ₹9 Lakhs

Salary of majority employees

7% more than the average Collections Manager Salary in Banking Companies for 1 - 10 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 1 - 10 years exp. (26 salaries)	₹3.1 L/yr - ₹8.5 L/yr
Finance & Accounting Collections Manager Salary 1 - 8 years exp. (10 salaries)	₹3.1 L/yr - ₹9 L/yr
Login to view exact salary
Customer Success, Service & Operations Collections Manager Salary 5 - 9 years exp. (4 salaries)	₹5.3 L/yr - ₹8.6 L/yr
Risk Management & Compliance Collections Manager Salary 6 - 10 years exp. (4 salaries)	₹5.7 L/yr - ₹7.6 L/yr
Sales & Business Development Collections Manager Salary 4 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.6 L/yr

Last Updated: 9 Jan 2025

Companies similar to IDFC FIRST Bank for Collections Manager in Mumbai

IDFC FIRST Bank Collections Manager Salary

1 - 10 years exp. (58 salaries)

₹3 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collections Manager Salary 2 - 18 years exp. (77 salaries)	₹2.9 L/yr - ₹10.5 L/yr 6% more	4 job openings
ICICI Bank Collections Manager Salary 3 - 15 years exp. (18 salaries)	₹4.1 L/yr - ₹11 L/yr 22% more
Login to view exact salary
Axis Bank Collections Manager Salary 8 - 12 years exp. (6 salaries)	₹4.4 L/yr - ₹13 L/yr 19% more
Kotak Mahindra Bank Collections Manager Salary 3 - 15 years exp. (37 salaries)	₹3.1 L/yr - ₹9.2 L/yr 2% less
Yes Bank Collections Manager Salary 4 - 15 years exp. (12 salaries)	₹4.2 L/yr - ₹10.4 L/yr 23% more	1 job opening
IndusInd Bank Collections Manager Salary 6 - 13 years exp. (8 salaries)	₹5.2 L/yr - ₹9 L/yr 8% more	7 job openings
RBL Bank Collections Manager Salary 6 - 9 years exp. (6 salaries)	₹2.5 L/yr - ₹8.5 L/yr 9% less
Bandhan Bank Collections Manager Salary 2 - 9 years exp. (5 salaries)	₹4 L/yr - ₹9.9 L/yr 6% less
Jana Small Finance Bank Collections Manager Salary 3 - 13 years exp. (4 salaries)	₹2.1 L/yr - ₹4.3 L/yr 40% less

Collections Manager salary at IDFC FIRST Bank ranges between ₹3 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 58 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Collections Manager salaries in Mumbai

Last Updated: 9 Jan 2025

Experience	Avg Annual Salary
1 year (5 salaries)	₹3.1 L/yr - ₹8.5 L/yr
2 years (7 salaries)	₹3.1 L/yr - ₹9 L/yr
Login to view exact salary
3 years (9 salaries)	₹3 L/yr - ₹8.1 L/yr
4 years (7 salaries)	₹3.7 L/yr - ₹7 L/yr
5 years (7 salaries)	₹5 L/yr - ₹8 L/yr
6 years (9 salaries)	₹3 L/yr - ₹8 L/yr
7 years (4 salaries)	₹4.3 L/yr - ₹8.5 L/yr
8 years (5 salaries)	₹4.3 L/yr - ₹11.9 L/yr
9 years (3 salaries)	₹6 L/yr - ₹8.6 L/yr
10 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.6 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 7 - 18 years exp.

102% hike

Regional Collection Manager 11 - 19 years exp.

56% hike

From

Collections Manager

1 - 11 years exp.

Territory Collection Manager

5 - 13 years exp.

Similar Designation salaries in IDFC FIRST Bank

Relationship Manager Salary

(92 salaries)

₹2 L/yr - ₹12 L/yr

Branch Manager Salary

(51 salaries)

₹8 L/yr - ₹28 L/yr

Area Collection Manager Salary

(18 salaries)

₹9.5 L/yr - ₹16 L/yr

Debt Manager Salary

(15 salaries)

₹4 L/yr - ₹11 L/yr

Recovery Manager Salary

(9 salaries)

₹5.15 L/yr - ₹8.7 L/yr

Cluster Manager Salary

(5 salaries)

₹15.32 L/yr - ₹21 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

3.6

Rated by 6 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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

2w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

Got a question about IDFC FIRST Bank?

Ask anonymously on communities.

IDFC FIRST Bank Collections Manager Salary FAQs

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

Collections Manager salary at IDFC FIRST Bank in Mumbai ranges between ₹3.0 Lakhs to ₹9.0 Lakhs for experience between 1 years to 10 years. According to our estimates it is 7% more than the average Collections Manager Salary in India. Salary estimates are based on 58 latest salaries received from various employees of IDFC FIRST Bank Mumbai.

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

The average salary of a Collections Manager at IDFC FIRST Bank is 7% more than the average salary of a Collections Manager in Mumbai. 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 Mumbai.

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

Yes Bank Collections Manager Salary - ₹4.2 Lakhs to ₹10.4 Lakhs per year
ICICI Bank Collections Manager Salary - ₹4.1 Lakhs to ₹11.0 Lakhs per year
Axis Bank Collections Manager Salary - ₹4.4 Lakhs to ₹13.0 Lakhs per year
IndusInd Bank Collections Manager Salary - ₹5.2 Lakhs to ₹9.0 Lakhs per year
HDFC Bank Collections Manager Salary - ₹2.9 Lakhs to ₹10.5 Lakhs per year

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

Kotak Mahindra Bank Collections Manager Salary - ₹3.1 Lakhs to ₹9.2 Lakhs per year
Bandhan Bank Collections Manager Salary - ₹4.0 Lakhs to ₹9.9 Lakhs per year
RBL Bank Collections Manager Salary - ₹2.5 Lakhs to ₹8.5 Lakhs per year
Jana Small Finance Bank Collections Manager Salary - ₹2.1 Lakhs to ₹4.3 Lakhs per year

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

The estimated take-home salary of a Collections Manager at IDFC FIRST Bank ranges between ₹47,197 per month to ₹48,314 per month in Mumbai. The take-home salary calculation is based on the average IDFC FIRST Bank Collections Manager salary in India which ranges between ₹3.0 Lakhs to ₹9.0 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 Mumbai?

According to AmbitionBox, 78% of the IDFC FIRST Bank Collections Managers in Mumbai reported a notice period of 3 Months, 13% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
IDFC FIRST Bank Salaries >
IDFC FIRST Bank Collections Manager Salaries >
IDFC FIRST Bank Collections Manager Salaries in Mumbai

IDFC FIRST Bank Collections Manager salary in Mumbai ranges between ₹3 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 58 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.

IDFC FIRST Bank Collections Manager salaries in Mumbai

Companies similar to IDFC FIRST Bank for Collections Manager in Mumbai

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

Experience wise IDFC FIRST Bank Collections Manager salaries in Mumbai

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.