IndusInd Bank Collections Manager Salaries by 200+ Employees (Updated 2025)

1 - 14 years exp.

₹2.2 Lakhs - ₹11 Lakhs

Avg. annual salary

Monthly In-hand Salary

15% more than the average Collections Manager Salary in Banking Companies for 1 - 14 years of experience

Interested in this particular role? 22 job openings

Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 1 - 14 years exp. (76 salaries)	₹2.4 L/yr - ₹10 L/yr
Finance & Accounting Collections Manager Salary 3 - 12 years exp. (26 salaries)	₹3.5 L/yr - ₹10.2 L/yr
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Customer Success, Service & Operations Collections Manager Salary 1 - 9 years exp. (10 salaries)	₹3.1 L/yr - ₹9 L/yr
Risk Management & Compliance Collections Manager Salary 4 - 14 years exp. (8 salaries)	₹6 L/yr - ₹11 L/yr
Sales & Business Development Collections Manager Salary 1 - 11 years exp. (3 salaries)	₹3.5 L/yr - ₹9.9 L/yr

View all

Last Updated: 31 Mar 2025

Companies similar to IndusInd Bank for Collections Manager

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Collections Manager Salary 1 - 11 years exp. (569 salaries)	₹2 L/yr - ₹10.5 L/yr 2% less
Axis Bank Collections Manager Salary 4 - 14 years exp. (292 salaries)	₹3 L/yr - ₹13.4 L/yr 18% more
Login to view exact salary
ICICI Bank Collections Manager Salary 3 - 15 years exp. (321 salaries)	₹3.1 L/yr - ₹11 L/yr 12% more
Yes Bank Collections Manager Salary 4 - 15 years exp. (150 salaries)	₹4.2 L/yr - ₹10.5 L/yr 17% more
AU Small Finance Bank Collections Manager Salary 5 - 14 years exp. (67 salaries)	₹2 L/yr - ₹9.5 L/yr 19% less
Jana Small Finance Bank Collections Manager Salary 3 - 11 years exp. (62 salaries)	₹2 L/yr - ₹5.7 L/yr 41% less
Equitas Small Finance Bank Collections Manager Salary 3 - 15 years exp. (31 salaries)	₹2.2 L/yr - ₹6 L/yr 41% less
Standard Chartered Collections Manager Salary 6 - 16 years exp. (13 salaries)	₹5 L/yr - ₹11.5 L/yr 19% more
Ujjivan Small Finance Bank Collections Manager Salary 2 - 10 years exp. (13 salaries)	₹1.8 L/yr - ₹8.9 L/yr 28% less
Federal Bank Collections Manager Salary 4 - 7 years exp. (6 salaries)	₹5.7 L/yr - ₹8 L/yr 4% more
Barclays Collections Manager Salary 1 - 7 years exp. (4 salaries)	₹5.1 L/yr - ₹8 L/yr 2% more
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IDBI Bank Collections Manager Salary 13 - 14 years exp. (3 salaries)	₹20 L/yr - ₹22 L/yr 219% more
Bank of Baroda Collections Manager Salary 18 - 19 years exp. (3 salaries)	₹5.9 L/yr - ₹6 L/yr 8% less

Collections Manager salary at IndusInd Bank ranges between ₹2.2 Lakhs to ₹11 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 201 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Collections Manager

2d ago

₹8.4 Lakhs

6 years exp.

4d ago

₹5.1 Lakhs

9 years exp.

4d ago

₹8.5 Lakhs

14 years exp.

1w ago

₹9.5 Lakhs

11 years exp.

2w ago

₹5 Lakhs

8 years exp.

2w ago

11 years exp.

2w ago

11 years exp.

2w ago

9 years exp.

2w ago

6 years exp.

3w ago

8 years exp.

Experience wise IndusInd Bank Collections Manager salaries

Last Updated: 31 Mar 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹2.5 L/yr - ₹9.9 L/yr
2 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
Login to view exact salary
3 years (8 salaries)	₹1.7 L/yr - ₹7 L/yr
4 years (14 salaries)	₹2.6 L/yr - ₹8.1 L/yr
5 years (17 salaries)	₹2.5 L/yr - ₹7 L/yr
6 years (19 salaries)	₹3.7 L/yr - ₹8.4 L/yr
7 years (30 salaries)	₹1.5 L/yr - ₹8.5 L/yr
8 years (27 salaries)	₹3.5 L/yr - ₹9 L/yr
9 years (13 salaries)	₹3.6 L/yr - ₹9.9 L/yr
10 years (13 salaries)	₹3.3 L/yr - ₹11 L/yr
11 years (13 salaries)	₹3.8 L/yr - ₹10.2 L/yr
12 years (13 salaries)	₹4.1 L/yr - ₹8.5 L/yr
13 years (17 salaries)	₹4.7 L/yr - ₹8.5 L/yr
14 years (12 salaries)	₹4.7 L/yr - ₹9 L/yr

View all

Similar Designation salaries in IndusInd Bank

Collection Officer Salary

(96 salaries)

₹1.4 L/yr - ₹4 L/yr

Area Collection Manager Salary

(21 salaries)

₹6 L/yr - ₹15.5 L/yr

Zonal Collection Manager Salary

(6 salaries)

₹19.25 L/yr - ₹25 L/yr

Collection Associate Salary

(5 salaries)

₹1.8 L/yr - ₹3.2 L/yr

Cluster Manager Salary

(36 salaries)

₹3.9 L/yr - ₹12.65 L/yr

Relationship Manager Salary

(1.1k salaries)

₹3.5 L/yr - ₹12.66 L/yr

Recovery Manager Salary

(3 salaries)

₹8.5 L/yr - ₹11 L/yr

Debt Manager Salary

(3 salaries)

₹6.4 L/yr - ₹9.5 L/yr

Branch Manager Salary

(889 salaries)

₹6 L/yr - ₹23 L/yr

Agency Manager Salary

(3 salaries)

₹3.5 L/yr - ₹12 L/yr

Top skills at IndusInd Bank for Collections Manager

Collection Management Team Management Collections Loan Recovery Customer Service Credit Collection Risk Management Credit Cards Credit Management Credit Control Accounts Receivable Order to Cash Finance Team Handling Laptop

Salary related reviews for IndusInd Bank

3.2

Rated by 38 employees for salary & benefits

Collections Manager in Kolkata

BFSI, Investments & Trading Department

5.0

• posted on 02 Nov 2020

4.0

for Salary and Benefits

Likes

In these tough times IndusInd has supported us very diligently with no pay cuts, no job loss no lay offs till now! Above all work environment is very good.

Salary - Good

+6 more

Dislikes

There is hardly any disliking factor that I have noticed in the past 1.5-1.6 years as of now. Overall it has been a nice journey

Deputy Manager Grade 2 in Chennai

Full Time

Legal & Regulatory Department

3.0

• posted on 10 Feb 2025

2.0

for Salary and Benefits

Likes

Some managers are nice, Saturdays are off Flexible timings Work life balance is fine. Job security if u work really well.

Job security - Good

+2 more

Dislikes

No Salary hike. Even house help can get more hike than here promotion Skill development Managers can be annoying They will dump more work on person who works efficiently others can enjoy with no work and salary. Salary increment very poor even for the person gets amazing Performance ratings. No promotion also.

Salary - Poor

+2 more

Deputy Manager in Chennai

Full Time

Sales & Business Development Department

1.0

• posted on 28 Jan 2025

5.0

for Salary and Benefits

Likes

On time salary

Salary - Excellent

Dislikes

Please don't select this bank. they will not give proper recognition for our work.bank is good but work nature and way for work is totally bad. Backend process is entirely bad to work . opening an account is impossible for all the customers worst online apps. without backend support employees can't work freely. They need business only but don't support for doing business (support means I am telling about backend process).do not encourage employees for doing work. each and every month pip will be issued for every month Target. I don't even see such a bank like this . Don't spoil your life in joining indusind bank.shares also getting down 👎.bad job security.they will not accept the fault on them till your last date.

Skill development - Bad

+5 more

Sales Executive in Jabalpur

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 22 Jan 2025

1.0

for Salary and Benefits

Likes

Worst company ...there is no working as per professionally not satisfactory salary, not a company to work

Dislikes

Dislikes about working in indusind banks are alot words are less to describe how bad experience will be in indusind bank ..if someone is willing to work in indusind bank...I would suggest don't waste your precious experience and time in working indusind bank ..try out somewhere else...you will be more ...satisfied working in some other company ...

Salary - Bad

+6 more

Deputy Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 08 Dec 2024

1.0

for Salary and Benefits

Likes

Less pressure than other bank.

Dislikes

...mers like other banks whose basic account starts from rs 2500 like bandhan Bank.And the salary hike is very very low like negligible.

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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IndusInd Bank Collections Manager Salary FAQs

What is the salary of Collections Manager at IndusInd Bank ?

The average salary of a Collections Manager at IndusInd Bank in India typically ranges from ₹2.2 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 1 year to 14 years).

The top 10% of Collections Manager at IndusInd Bank earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹10.1 Lakhs per year. Collections Manager Salaries at IndusInd 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 200+ IndusInd Bank employees in India.

What is the estimated take home salary of a Collections Manager at IndusInd Bank in India?

The estimated take-home salary of a Collections Manager at IndusInd Bank in India typically ranges from ₹49,377 to ₹50,544 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 1 year to 14 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 200+ salaries received from various employees of IndusInd 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 IndusInd Bank ?

To be a Collections Manager at IndusInd Bank in india, the key skills required include:

- Collection Management
- Team Management
- Collections
- Loan Recovery
- Customer Service

These skills are highly valued at IndusInd Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than IndusInd 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
Axis Bank	₹3.0 Lakhs to ₹13.4 Lakhs per year
Yes Bank	₹4.2 Lakhs to ₹10.5 Lakhs per year
ICICI Bank	₹3.1 Lakhs to ₹11.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IndusInd Bank, depending on the role and experience level.

What is the salary of a Collections Manager in companies similar to IndusInd Bank in India?

The salary of a Collections Manager at companies similar to IndusInd 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
Barclays	₹5.1 Lakhs to ₹8.0 Lakhs per year
IDFC FIRST Bank	₹2.0 Lakhs to ₹10.5 Lakhs per year
Bank of Baroda	₹5.9 Lakhs to ₹6.0 Lakhs per year
AU Small Finance Bank	₹2.0 Lakhs to ₹9.5 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 IndusInd Bank in India?

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

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹9.9 Lakhs per year
2 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
3 years	₹1.7 Lakhs to ₹7.0 Lakhs per year
4 years	₹2.6 Lakhs to ₹8.1 Lakhs per year

and so on.

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IndusInd Bank Collections Manager Salaries by Location

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IndusInd Bank Collections Manager Salaries

IndusInd Bank Collections Manager salary in India ranges between ₹2.2 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 201 IndusInd Bank latest salaries received from various employees of IndusInd Bank.

IndusInd Bank Collections Manager salaries in India (Updated 2025)

Companies similar to IndusInd Bank for Collections Manager

Latest annual salaries shared by IndusInd Bank Collections Manager

Experience wise IndusInd Bank Collections Manager salaries

Similar Designation salaries in IndusInd Bank

Top skills at IndusInd Bank for Collections Manager

Salary related reviews for IndusInd Bank

Collections Manager in Kolkata

Deputy Manager Grade 2 in Chennai

Deputy Manager in Chennai

Sales Executive in Jabalpur

Deputy Manager in Guwahati

IndusInd Bank Collections Manager Salary FAQs

Tell us how to improve this page.

IndusInd Bank Collections Manager Salaries by Location