IndusInd Bank State Collection Manager Salaries by 9 Employees (Updated 2025)

10 - 18 years exp.

₹11 Lakhs - ₹16.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average State Collection Manager Salary in Banking Companies for 10 - 18 years of experience

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Salaries in different departments

Risk Management & Compliance State Collection Manager Salary 16 - 18 years exp. (4 salaries)	₹11 L/yr - ₹16.8 L/yr
BFSI, Investments & Trading State Collection Manager Salary 12 - 15 years exp. (3 salaries)	₹12.6 L/yr - ₹16.8 L/yr
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Finance & Accounting State Collection Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹15.9 L/yr

Last Updated: 10 Mar 2025

Companies similar to IndusInd Bank for State Collection Manager

Company name	Avg Annual Salary	Open Jobs
AU Small Finance Bank State Collection Manager Salary 17 - 23 years exp. (4 salaries)	₹13 L/yr - ₹14.7 L/yr 5% less
Axis Bank State Collection Manager Salary 14 - 20 years exp. (3 salaries)	₹11.2 L/yr - ₹14.5 L/yr 12% less
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SMFG India Credit State Collection Manager Salary 13 - 22 years exp. (39 salaries)	₹9.3 L/yr - ₹26.7 L/yr 12% more	1 job opening
Hero FinCorp State Collection Manager Salary 13 - 25 years exp. (18 salaries)	₹12 L/yr - ₹27.4 L/yr 28% more
Shriram Finance State Collection Manager Salary 13 - 18 years exp. (7 salaries)	₹10 L/yr - ₹15 L/yr 7% less

State Collection Manager salary at IndusInd Bank ranges between ₹11 Lakhs to ₹16.8 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 9 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank State Collection Manager salaries

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹14 L/yr
11 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹14 L/yr
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12 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹24.5 L/yr
13 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.9 L/yr
14 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹15.6 L/yr
15+ years (5 salaries)	₹11 L/yr - ₹16.8 L/yr

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Similar Designation salaries in IndusInd Bank

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

Collections Manager Salary

(202 salaries)

₹2.22 L/yr - ₹11 L/yr

Regional Collection Manager Salary

(42 salaries)

₹8.75 L/yr - ₹22 L/yr

Territory Collection Manager Salary

(AmbitionBox Estimate)

₹11.5 L/yr - ₹14.7 L/yr

Senior Collection Officer Salary

(3 salaries)

₹1.8 L/yr - ₹3.96 L/yr

Collection Officer Salary

(96 salaries)

₹1.4 L/yr - ₹4 L/yr

Recovery Manager Salary

(3 salaries)

₹8.5 L/yr - ₹11 L/yr

Cluster Manager Salary

(36 salaries)

₹3.9 L/yr - ₹12.65 L/yr

Relationship Manager Salary

(1.4k salaries)

₹3 L/yr - ₹12.39 L/yr

Salary related reviews for IndusInd Bank

4.8

Rated by 2 employees for salary & benefits

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

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

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What people are saying about IndusInd Bank

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Looking for a Job opportunity

Hello all, I am looking for a Job , i am having 11 year of experience in finance and banking line

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IndusInd Bank State Collection Manager Salary FAQs

What is the salary of State Collection Manager at IndusInd Bank ?

The average salary of a State Collection Manager at IndusInd Bank in India typically ranges from ₹11.0 Lakhs to ₹16.8 Lakhs per year, depending on experience (from 10 years to 18 years).

The top 10% of State Collection Manager at IndusInd Bank earn more than ₹16.3 Lakhs per year, and the top 1% earn over ₹16.8 Lakhs per year. State Collection 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 9 IndusInd Bank employees in India.

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

The estimated take-home salary of a State Collection Manager at IndusInd Bank in India typically ranges from ₹1,00,868 to ₹1,03,618 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹16.8 Lakhs per year for employees with experience ranging from 10 years to 18 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 9 salaries received from various employees of IndusInd Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IndusInd Bank for State Collection Manager in India?

Hero FinCorp	₹12.0 Lakhs to ₹27.4 Lakhs per year
SMFG India Credit	₹9.3 Lakhs to ₹26.7 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 State Collection Manager in companies similar to IndusInd Bank in India?

The salary of a State Collection Manager at companies similar to IndusInd Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

AU Small Finance Bank	₹13.0 Lakhs to ₹14.7 Lakhs per year
Shriram Finance	₹10.0 Lakhs to ₹15.0 Lakhs per year
Axis Bank	₹11.2 Lakhs to ₹14.5 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 State Collection Manager at IndusInd Bank in India?

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

Experience	Average Salary Range
10 years	₹5.3 Lakhs to ₹14.0 Lakhs per year
11 years	₹5.4 Lakhs to ₹14.0 Lakhs per year
12 years	₹12.6 Lakhs to ₹24.5 Lakhs per year
13 years	₹12.4 Lakhs to ₹15.9 Lakhs per year

and so on.

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IndusInd Bank State Collection Manager Salaries

IndusInd Bank State Collection Manager salary in India ranges between ₹11 Lakhs to ₹16.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 IndusInd Bank latest salaries received from various employees of IndusInd Bank.