IDFC FIRST Bank Sr. Collection Manager Salaries by 7 Employees (Updated 2025)

3 - 8 years exp.

₹8 Lakhs - ₹9.2 Lakhs

Low Confidence

Salary of majority employees

10% more than the average Sr. Collection Manager Salary in Banking Companies for 3 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sr. Collection Manager Salary 3 - 6 years exp. (5 salaries)	₹8 L/yr - ₹9.2 L/yr
Finance & Accounting Sr. Collection Manager Salary 7 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr
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Risk Management & Compliance Sr. Collection Manager Salary 8 years exp. (AmbitionBox Estimate)	₹7.4 L/yr - ₹9 L/yr

Last Updated: 8 Mar 2025

Companies similar to IDFC FIRST Bank for Sr. Collection Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Sr. Collection Manager Salary 5 - 18 years exp. (13 salaries)	₹6.3 L/yr - ₹12.5 L/yr 5% more
Yes Bank Sr. Collection Manager Salary 11 - 16 years exp. (7 salaries)	₹10 L/yr - ₹12 L/yr 23% more
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ICICI Bank Sr. Collection Manager Salary 7 - 11 years exp. (6 salaries)	₹6.3 L/yr - ₹8.5 L/yr 21% less
Bandhan Bank Sr. Collection Manager Salary 11 - 22 years exp. (4 salaries)	₹10.5 L/yr - ₹14.1 L/yr 40% more
RBL Bank Sr. Collection Manager Salary 14 - 23 years exp. (4 salaries)	₹9 L/yr - ₹15 L/yr 38% more
Standard Chartered Sr. Collection Manager Salary 6 - 9 years exp. (4 salaries)	₹6.7 L/yr - ₹8.6 L/yr 18% less
Jana Small Finance Bank Sr. Collection Manager Salary 3 - 11 years exp. (4 salaries)	₹2.1 L/yr - ₹4.9 L/yr 63% less
Kotak Mahindra Bank Sr. Collection Manager Salary 12 - 18 years exp. (4 salaries)	₹9.1 L/yr - ₹12 L/yr 18% more
Axis Bank Sr. Collection Manager Salary 15 - 17 years exp. (3 salaries)	₹16.1 L/yr - ₹18.4 L/yr 92% more

Sr. Collection Manager salary at IDFC FIRST Bank ranges between ₹8 Lakhs to ₹9.2 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 7 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Sr. Collection Manager salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹9.2 L/yr
4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹9.2 L/yr
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5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.2 L/yr
6 years (AmbitionBox Estimate)	₹8 L/yr - ₹15.6 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹8.5 L/yr
8 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹14.8 L/yr

View all

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Salary related reviews for IDFC FIRST Bank

5.0

Rated by 2 employees for salary & benefits

Banking Officer in Cuttack

Sales & Business Development Department

5.0

• posted on 28 Jun 2022

5.0

for Salary and Benefits

Likes

First of all I would like to thank IDFC First Bank as I am very happy to work here.all my team members my team manager all are very nice very helpfulI would like to thank IDFC First Bank for helping me start my career

Salary - Excellent

+6 more

Dislikes

There is nothing in this bank, there is any problem, the salary is coming on time and there is no political issue, this bank is a very good bank.

Banking Officer in Himayathnagar, Hyderabad

Full Time

Finance & Accounting Department

2.0

• posted on 14 Apr 2022

4.0

for Salary and Benefits

Likes

Company is giving very good incentives and pay to their employees.

Salary - Good

Dislikes

The work culture of senior employees like manager level are not cooperative and not having complete product knowledge also. They just need the business but they won't help in if any trouble or issue happens or if require any assistance in work.

Skill development - Bad

+3 more

Banking Officer in New Delhi

Consumer Durable Loan Department

1.0

• posted on 11 Aug 2021

1.0

for Salary and Benefits

Likes

...ny is only thinking about it self does not think anythink about the employees. Only and only knows how to cut salary. Don't like to pay employees just cut tha money

Dislikes

...orking in company for 2 years no progress till date no crrreire growth the idfc first started to cut the salary last 8 month

Salary - Bad

+5 more

Banking Officer in Gurgaon / Gurugram

BFSI, Investments & Trading Department

5.0

• posted on 16 Nov 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammate are supportive and the management. Company policy are good appraisal are fair and they give good salary hikee and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issue.

Banking Officer in New Delhi

Sales Department

3.0

• posted on 28 Jan 2021

3.0

for Salary and Benefits

Likes

...mates are supportive and management is transparent . Company policies are good . appraisal are fair and they give good salary hike and bonus every year.

Skill development - Good

+3 more

Dislikes

There is lots of politics and the management doesn't adress our issue. And here is big issue of timing issue no particular timing in idfc.

Work satisfaction - Poor

+1 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IDFC FIRST Bank Sr. Collection Manager Salary FAQs

What is the salary of Sr. Collection Manager at IDFC FIRST Bank ?

The average salary of a Sr. Collection Manager at IDFC FIRST Bank in India typically ranges from ₹8.0 Lakhs to ₹9.2 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Sr. Collection Manager at IDFC FIRST Bank earn more than ₹9.2 Lakhs per year, and the top 1% earn over ₹9.2 Lakhs per year. Sr. Collection 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 7 IDFC FIRST Bank employees in India.

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

The estimated take-home salary of a Sr. Collection Manager at IDFC FIRST Bank in India typically ranges from ₹64,032 to ₹65,662 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹9.2 Lakhs per year for employees with experience ranging from 3 years to 8 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 7 salaries received from various employees of IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IDFC FIRST Bank for Sr. Collection Manager in India?

Axis Bank	₹16.1 Lakhs to ₹18.4 Lakhs per year
Bandhan Bank	₹10.5 Lakhs to ₹14.1 Lakhs per year
RBL Bank	₹9.0 Lakhs to ₹15.0 Lakhs per year
Yes Bank	₹10.0 Lakhs to ₹12.0 Lakhs per year
Kotak Mahindra Bank	₹9.1 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 Sr. Collection Manager in companies similar to IDFC FIRST Bank in India?

The salary of a Sr. Collection 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:

HDFC Bank	₹6.3 Lakhs to ₹12.5 Lakhs per year
Standard Chartered	₹6.7 Lakhs to ₹8.6 Lakhs per year
ICICI Bank	₹6.3 Lakhs to ₹8.5 Lakhs per year
Jana Small Finance Bank	₹2.1 Lakhs to ₹4.9 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 Sr. Collection Manager at IDFC FIRST Bank in India?

The salary growth for a Sr. Collection Manager at IDFC FIRST Bank depends on factors such as experience, performance, and promotions. On average, a Sr. Collection Manager can expect the following growth trajectory at IDFC FIRST Bank:

Experience	Average Salary Range
3 years	₹9.2 Lakhs to ₹9.2 Lakhs per year
4 years	₹3.7 Lakhs to ₹9.2 Lakhs per year
5 years	₹3.6 Lakhs to ₹9.2 Lakhs per year
6 years	₹8.0 Lakhs to ₹15.6 Lakhs per year

and so on.

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IDFC FIRST Bank Sr. Collection Manager Salaries

IDFC FIRST Bank Sr. Collection Manager salary in India ranges between ₹8 Lakhs to ₹9.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.