IndusInd Bank Sales and Collection Manager Salaries by 4 Employees (Updated 2024)

3 - 10 years exp.

₹2 Lakhs - ₹6.3 Lakhs

Low Confidence

Salary of majority employees

14% less than the average Sales and Collection Manager Salary in Banking Companies for 3 - 10 years of experience

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Salaries in different departments

Finance & Accounting Sales and Collection Manager Salary 3 - 6 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.6 L/yr
BFSI, Investments & Trading Sales and Collection Manager Salary 10 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹6.9 L/yr
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Marketing & Communication Sales and Collection Manager Salary 5 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 12 Sep 2024

Companies similar to IndusInd Bank for Sales and Collection Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Sales and Collection Manager Salary 9 - 11 years exp. (3 salaries)	₹4 L/yr - ₹10 L/yr 86% more
IDFC FIRST Bank Sales and Collection Manager Salary 1 - 10 years exp. (4 salaries)	₹2.4 L/yr - ₹6.5 L/yr 25% more
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Equitas Small Finance Bank Sales and Collection Manager Salary 0 - 7 years exp. (4 salaries)	₹1.8 L/yr - ₹3.5 L/yr 29% less
Jana Small Finance Bank Sales and Collection Manager Salary 0 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹3.8 L/yr 32% less
Kinara Capital Sales and Collection Manager Salary 3 - 12 years exp. (6 salaries)	₹4.6 L/yr - ₹6.5 L/yr 81% more

Sales and Collection Manager salary at IndusInd Bank ranges between ₹2 Lakhs to ₹6.3 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Sales and Collection Manager salaries

Last Updated: 12 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.9 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
10 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr

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Salary related reviews for IndusInd Bank

Rated by 1 employees for salary & benefits

Sales Manager in Surat

Full Time

Sales & Business Development Department

1.0

• posted on 24 Sep 2024

2.0

for Salary and Benefits

Likes

- Salary package good as per market standard.

Dislikes

- Worst Management. - No appreciation for work and achieving targets - Say no every time when trying to apply for leave even if leaves are available and you are informing 2 weeks earlier.

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..

Deputy Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

The Salary is good and nothing else.

Dislikes

The work culture is very bad, especially the reporting managers are just toxic people. They demoralise you rather than influence and inspire. The bank is fond of one thing and that is money. I was in ARD and trust me when I say that they treat you like some commodity which can be used and used only. And you can be assured that at the end end of the day whether your mental health is good or bad they don't care and they won't be bothered by your sad situation. Moreover they do nothing, so that your mental health can improve. You are put under extreme demands and unimaginable pressure both mentally and physically for every day. My opinion is don't join there as the internal workings of the bank is just next to a slum.

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.

Dislikes

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

Sales Officer in Bangalore / Bengaluru

Full Time

Marketing & Communication Department

3.0

• posted on 09 Jun 2023

4.0

for Salary and Benefits

Likes

Salary is in time

Dislikes

I am working in corporate salary department and work culture is horrible, RM's don't know the simple process, they don't have any good corporates and they tell you to do cross sell, how will happen if RM's don't bring good corporates, don't join this bank and ruin your career

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IndusInd Bank Sales and Collection Manager Salary FAQs

What is the salary of Sales and Collection Manager at IndusInd Bank?

Sales and Collection Manager salary at IndusInd Bank in India ranges between ₹2.0 Lakhs to ₹6.3 Lakhs for experience between 3 years to 10 years. According to our estimates it is 14% less than the average Sales and Collection Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IndusInd Bank India.

How does the salary of a Sales and Collection Manager at IndusInd Bank India compare with the average salary range for this job?

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

Which similar companies are paying more than IndusInd Bank to a Sales and Collection Manager in India?

Kotak Mahindra Bank Sales and Collection Manager Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
Kinara Capital Sales and Collection Manager Salary - ₹4.6 Lakhs to ₹6.5 Lakhs per year
IDFC FIRST Bank Sales and Collection Manager Salary - ₹2.4 Lakhs to ₹6.5 Lakhs per year

What is the salary of a Sales and Collection Manager in companies similar to IndusInd Bank in India?

Equitas Small Finance Bank Sales and Collection Manager Salary - ₹1.8 Lakhs to ₹3.5 Lakhs per year
Jana Small Finance Bank Sales and Collection Manager Salary - ₹1.8 Lakhs to ₹3.8 Lakhs per year

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

The estimated take-home salary of a Sales and Collection Manager at IndusInd Bank ranges between ₹24,173 per month to ₹25,624 per month in India. The take-home salary calculation is based on the average IndusInd Bank Sales and Collection Manager salary in India which ranges between ₹2.0 Lakhs to ₹6.3 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Sales and Collection Manager at IndusInd Bank?

According to AmbitionBox, 50% of the IndusInd Bank Sales and Collection Managers reported a notice period of 1 Month, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

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IndusInd Bank Sales and Collection Manager Salaries

IndusInd Bank Sales and Collection Manager salary in India ranges between ₹2 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IndusInd Bank latest salaries received from various employees of IndusInd Bank.