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IndusInd Bank Collections Executive salaries in Chennai

Annual salary range
1 - 7 years exp.
₹1.7 Lakh - ₹4.5 Lakhs
Salary of majority employees
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At par with the average Collections Executive Salary in Banking Companies for 1 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Collections Executive Salary
3 - 7 years exp. (4 salaries)
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₹2.1 L/yr - ₹4.5 L/yr

Marketing & Communication
Collections Executive Salary
4 - 6 years exp. (3 salaries)
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₹2.2 L/yr - ₹3 L/yr

Finance & Accounting
Collections Executive Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹4 L/yr

Sales & Business Development
Collections Executive Salary
2 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹2.9 L/yr

Last Updated: 23 Nov 2024

Companies similar to IndusInd Bank for Collections Executive in Chennai

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IndusInd Bank Collections Executive Salary

1 - 7 years exp. (16 salaries)

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₹1.7 L/yr - ₹4.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Collections Executive Salary

1 - 4 years exp. (11 salaries)

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₹1.8 L/yr - ₹3 L/yr

arrow icon 4% more
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ICICI Bank Collections Executive Salary

1 - 5 years exp. (9 salaries)

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₹1.3 L/yr - ₹2.5 L/yr

arrow icon 9% less
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₹2.8 L/yr - ₹3.8 L/yr

arrow icon 22% more
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IDFC FIRST Bank Collections Executive Salary

0 - 5 years exp. (9 salaries)

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₹1.4 L/yr - ₹4 L/yr

arrow icon 5% more
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₹1.3 L/yr - ₹3.2 L/yr

arrow icon 3% less
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₹1.5 L/yr - ₹3 L/yr

arrow icon 13% less
Collections Executive salary at IndusInd Bank ranges between ₹1.7 Lakh to ₹4.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 16 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Collections Executive in Chennai

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Experience wise IndusInd Bank Collections Executive salaries in Chennai

Last Updated: 23 Nov 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.7 L/yr - ₹4.1 L/yr
2 years  (4 salaries)

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₹2 L/yr - ₹2.7 L/yr
3 years  (3 salaries)

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₹2 L/yr - ₹4 L/yr
4 years  (3 salaries)

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₹2.2 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)

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₹2 L/yr - ₹3 L/yr
View all

Top skills at IndusInd Bank for Collections Executive

Collections Recovery

Salary related reviews for IndusInd Bank

5.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 28 Nov 2024

3.0
 for  Salary and Benefits

Likes

While hiring they will give you nice package. You will be exited.

Dislikes

After joining you will not get time to learn the process of the bank. Because they will tell upfront that you have not been hired for providing services to the customer. After completion of 3 months you will start listening that "if you can't then leave the company we can hire 2 more people in your salary". Senior managers are least bother about your efforts because they want only result. Requesting everyone think 10 times before joining this company. Managers threatening saying " If Life Insurance will not happen today then you will see hell in your life today and go wherever you can complain against me I am least bother" There are lot of things to say but I can not explain everything in this. But before joining this company ask your friends or resources and take a genuine feedback then take your decision.

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Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 07 Nov 2024

4.0
 for  Salary and Benefits

Likes

They give you good hike or good package while hiring

Dislikes

After joining they will make your life hell, there are so many policies related to employee they made but no seniors follows. They will make you feel resigning and going home. Also the kind of threatening you will get that will make your life miserable. They will bluntly that you complain wherever you want I don't care. Just put down paper andvget out from the branch. I should not see your face next day at branch.

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Full Time

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Other Department

5.0
  •  posted on 06 Nov 2024

1.0
 for  Salary and Benefits

Dislikes

Hr not supportive Last 4 month handle the branch no SDM no rm in branch Salary 20k work 2 people Reporting manager not supportive Rating 2.71 but still not promoted Handle cash counter and customer service desk last 4 month Hr not responding call and mails Salary satisfaction no as per work load Last year wall of fram in indusind bank but still not appreciated

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Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 30 Oct 2024

2.0
 for  Salary and Benefits

Likes

100% job secured untill the officer involved into a unerased disciplinary mistakes. He/she will be survived for decades.

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Dislikes

Not a salary match for vintages basis market norms, new joiners provide more CTC than the existed floor managers. Pay scale revision should effectively implement for designation & grade wise.

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Full Time

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BFSI, Investments & Trading Department

1.0
  •  posted on 01 Oct 2024

3.0
 for  Salary and Benefits

Likes

Every process is slow and complicated

Dislikes

1. Joining process slow and worst 2. Once you join you have to do struggle to open your own salary account. 3. When you start doing operations, every process is so complicated. 4. If you open accounts, accounts getting freeze or total freeze in some time. 5. No support from BM, they said "I need business only do it from anywhere" and by mistake if portfolio assigned then you have to do sttrugle for customer you have to fight for your portfolio from KAM or RM, every customer is owned by KAM or RM from your portfolio. 6. MH, RH invites you on weekend for business in branch, branches open on weekends for only business.

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IndusInd Bank Collections Executive Salary FAQs

What is the salary of Collections Executive at IndusInd Bank Chennai?
Collections Executive salary at IndusInd Bank in Chennai ranges between ₹1.7 Lakhs to ₹4.5 Lakhs for experience between 1 years to 7 years. According to our estimates it is 1% more than the average Collections Executive Salary in India. Salary estimates are based on 16 latest salaries received from various employees of IndusInd Bank Chennai.
How does the salary of a Collections Executive at IndusInd Bank Chennai compare with the average salary range for this job?
The average salary of a Collections Executive at IndusInd Bank is 1% more than the average salary of a Collections Executive in Chennai. To know exact salary insights, login to view.
What are the top skills required to work as a Collections Executive at IndusInd Bank?
Collections and Recovery are some of the popular skills required to work as a Collections Executive at IndusInd Bank Chennai.
Which similar companies are paying more than IndusInd Bank to a Collections Executive in Chennai?
  • Standard Chartered Collections Executive Salary - ₹2.8 Lakhs to ₹3.8 Lakhs per year
  • IDFC FIRST Bank Collections Executive Salary - ₹1.4 Lakhs to ₹4.0 Lakhs per year
  • HDFC Bank Collections Executive Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
What is the salary of a Collections Executive in companies similar to IndusInd Bank in Chennai?
  • Jana Small Finance Bank Collections Executive Salary - ₹1.3 Lakhs to ₹3.2 Lakhs per year
  • ICICI Bank Collections Executive Salary - ₹1.3 Lakhs to ₹2.5 Lakhs per year
  • Equitas Small Finance Bank Collections Executive Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a Collections Executive at IndusInd Bank in Chennai?
The estimated take-home salary of a Collections Executive at IndusInd Bank ranges between ₹17,967 per month to ₹19,661 per month in Chennai. The take-home salary calculation is based on the average IndusInd Bank Collections Executive salary in India which ranges between ₹1.7 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?
What is the notice period for Collections Executive at IndusInd Bank in Chennai?
According to AmbitionBox, 45% of the IndusInd Bank Collections Executives in Chennai reported a notice period of 1 Month, 28% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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IndusInd Bank Collections Executive salary in Chennai ranges between ₹1.7 Lakh to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 IndusInd Bank latest salaries received from various employees of IndusInd Bank.