IndusInd Bank Chennai Collections Manager Salaries by 6 Employees (Updated 2025)

4 - 12 years exp.

₹3.5 Lakhs - ₹6.4 Lakhs

Salary of majority employees

14% less than the average Collections Manager Salary in Banking Companies for 4 - 12 years of experience

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Last Updated: 13 Jan 2025

Companies similar to IndusInd Bank for Collections Manager in Chennai

IndusInd Bank Collections Manager Salary

4 - 12 years exp. (6 salaries)

₹3.5 L/yr - ₹6.4 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collections Manager Salary 0 - 16 years exp. (74 salaries)	₹2 L/yr - ₹10 L/yr 21% more	2 job openings
ICICI Bank Collections Manager Salary 3 - 12 years exp. (14 salaries)	₹5 L/yr - ₹8 L/yr 43% more
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Axis Bank Collections Manager Salary 5 - 13 years exp. (12 salaries)	₹5 L/yr - ₹10 L/yr 45% more
Kotak Mahindra Bank Collections Manager Salary 3 - 12 years exp. (17 salaries)	₹3.6 L/yr - ₹9 L/yr 31% more
Yes Bank Collections Manager Salary 4 - 14 years exp. (9 salaries)	₹4.5 L/yr - ₹7.8 L/yr 24% more	2 job openings
RBL Bank Collections Manager Salary 3 - 10 years exp. (5 salaries)	₹4 L/yr - ₹8.5 L/yr 15% more
Standard Chartered Collections Manager Salary 6 - 9 years exp. (3 salaries)	₹5.5 L/yr - ₹11 L/yr 53% more
Equitas Small Finance Bank Collections Manager Salary 5 - 15 years exp. (8 salaries)	₹2.9 L/yr - ₹6 L/yr 16% less
DCB Bank Collections Manager Salary 9 - 12 years exp. (3 salaries)	₹5.1 L/yr - ₹8 L/yr 25% more
Jana Small Finance Bank Collections Manager Salary 6 - 10 years exp. (3 salaries)	₹3.9 L/yr - ₹4.5 L/yr 20% less
AU Small Finance Bank Collections Manager Salary 4 - 9 years exp. (3 salaries)	₹2.2 L/yr - ₹5.9 L/yr 15% less
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Collections Manager salary at IndusInd Bank ranges between ₹3.5 Lakhs to ₹6.4 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 6 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Collections Manager salaries in Chennai

Last Updated: 13 Jan 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.2 L/yr
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹8.7 L/yr
7 years (3 salaries)	₹3.5 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
10 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
11 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
12 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.4 L/yr

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Similar Designation salaries in IndusInd Bank

Relationship Manager Salary

(99 salaries)

₹2.87 L/yr - ₹12.11 L/yr

Branch Manager Salary

(58 salaries)

₹5.6 L/yr - ₹21 L/yr

Collection Officer Salary

(6 salaries)

₹2 L/yr - ₹3.15 L/yr

Top skills at IndusInd Bank for Collections Manager

Collection Management Team Management Collections Loan Recovery Operations Management Customer Service Risk Management Credit Cards Order to Cash Credit Control Accounts Receivable Credit Collection Credit Management Business Development Team Handling

Salary related reviews for IndusInd Bank

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 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

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 04 Dec 2024

2.0

for Salary and Benefits

Likes

Job security, salary on time

Job security - Good

Dislikes

At Opus center, Mumbai, Work culture is very pathetic, the super Manager raises issues which are not even required and are small. Work life balance is poor. Hasim Shaikh is Therki and favour majority female employees. Promotion is poorly done.

Salary - Poor

+3 more

Branch Manager in Kochi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Sep 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...nonuse at all...you have to recruit staff...suddenly all policies will change...they ensure u don't get bonus or rating if u do not complete amfi or irda...all these r communicated at last minute...no support n extended targets too which u can never achieve..

Salary - Bad

+6 more

Relationship Manager in Ashok Nagar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Aug 2023

2.0

for Salary and Benefits

Likes

IndusInd Bank is very good organisation in terms of doing business but they are not giving salary hike/appraisal for are employees those who are working since last five years.

Skill development - Excellent

+2 more

Dislikes

Aa an employee I would like to get more salary as I have experience more than 12 years

Salary - Poor

+1 more

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Salary Discussions, Hike & Promotions

YOE: 6.5, Domain: Management Consulting CCTC: 30 LPA (24LPA + 6LPA) Current Company: Infosys Consulting Have Two Offers in hand?, Which One should I pick? One from Infosys Consulting for Onsite (UK - London) Fixed: 52000 Pounds + 13000 Pounds Variable Another from American Express (band 35), Gurgaon CTC:42.8 LPA Fixed:36.4 LPA + Rest Variable

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IndusInd Bank Collections Manager Salary FAQs

What is the salary of Collections Manager at IndusInd Bank Chennai?

Collections Manager salary at IndusInd Bank in Chennai ranges between ₹3.5 Lakhs to ₹6.4 Lakhs for experience between 4 years to 12 years. According to our estimates it is 14% less than the average Collections Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of IndusInd Bank Chennai.

How does the salary of a Collections Manager at IndusInd Bank Chennai compare with the average salary range for this job?

The average salary of a Collections Manager at IndusInd Bank is 14% less than the average salary of a Collections Manager in Chennai. To know exact salary insights, login to view.

What are the top skills required to work as a Collections Manager at IndusInd Bank?

Collection Management, Team Management, Collections, Loan Recovery and Operations Management are some of the popular skills required to work as a Collections Manager at IndusInd Bank Chennai.

Which similar companies are paying more than IndusInd Bank to a Collections Manager in Chennai?

Standard Chartered Collections Manager Salary - ₹5.5 Lakhs to ₹11.0 Lakhs per year
Axis Bank Collections Manager Salary - ₹5.0 Lakhs to ₹10.0 Lakhs per year
ICICI Bank Collections Manager Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
Kotak Mahindra Bank Collections Manager Salary - ₹3.6 Lakhs to ₹9.0 Lakhs per year
DCB Bank Collections Manager Salary - ₹5.1 Lakhs to ₹8.0 Lakhs per year

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

Yes Bank Collections Manager Salary - ₹4.5 Lakhs to ₹7.8 Lakhs per year
HDFC Bank Collections Manager Salary - ₹2.0 Lakhs to ₹10.0 Lakhs per year
RBL Bank Collections Manager Salary - ₹4.0 Lakhs to ₹8.5 Lakhs per year
AU Small Finance Bank Collections Manager Salary - ₹2.2 Lakhs to ₹5.9 Lakhs per year
Equitas Small Finance Bank Collections Manager Salary - ₹2.9 Lakhs to ₹6.0 Lakhs per year

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

The estimated take-home salary of a Collections Manager at IndusInd Bank ranges between ₹38,408 per month to ₹39,597 per month in Chennai. The take-home salary calculation is based on the average IndusInd Bank Collections Manager salary in India which ranges between ₹3.5 Lakhs to ₹6.4 Lakhs per year for employees with experience between 4 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Collections Manager at IndusInd Bank in Chennai?

According to AmbitionBox, 60% of the IndusInd Bank Collections Managers in Chennai reported a notice period of 1 Month, 40% reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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IndusInd Bank Collections Manager Salaries in Chennai

IndusInd Bank Collections Manager salary in Chennai ranges between ₹3.5 Lakhs to ₹6.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IndusInd Bank latest salaries received from various employees of IndusInd Bank.