IndusInd Bank State Collection Manager Salaries by 7 Employees (Updated 2025)

10 - 18 years exp.

₹12.6 Lakhs - ₹16.8 Lakhs

Low Confidence

Salary of majority employees

Fixed (96%)

₹13.9 Lakhs

Variable (4%)

₹0.6 Lakh

5% less than the average State Collection Manager Salary in Banking Companies for 10 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading State Collection Manager Salary 12 - 15 years exp. (3 salaries)	₹12.6 L/yr - ₹15.6 L/yr
Finance & Accounting State Collection Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹15.7 L/yr
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Risk Management & Compliance State Collection Manager Salary 17 - 18 years exp. (AmbitionBox Estimate)	₹13.7 L/yr - ₹16.8 L/yr

Last Updated: 12 Feb 2025

Companies similar to IndusInd Bank for State Collection Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank State Collection Manager Salary 14 - 16 years exp. (6 salaries)	₹6.8 L/yr - ₹17.8 L/yr 12% less
AU Small Finance Bank State Collection Manager Salary 17 - 23 years exp. (4 salaries)	₹13 L/yr - ₹14.7 L/yr 4% 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 11% more
Hero FinCorp State Collection Manager Salary 13 - 25 years exp. (18 salaries)	₹12 L/yr - ₹27.4 L/yr 38% more
Shriram Finance State Collection Manager Salary 13 - 17 years exp. (6 salaries)	₹10 L/yr - ₹15 L/yr 8% less

State Collection Manager salary at IndusInd Bank ranges between ₹12.6 Lakhs to ₹16.8 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank State Collection Manager salaries

Last Updated: 12 Feb 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 - ₹24.6 L/yr
13 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹15.9 L/yr
14 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹15.6 L/yr
15+ years (3 salaries)	₹6 L/yr - ₹16.8 L/yr

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Similar Designation salaries in IndusInd Bank

Area Collection Manager Salary

(20 salaries)

₹6 L/yr - ₹17 L/yr

Zonal Collection Manager Salary

(6 salaries)

₹19.25 L/yr - ₹25 L/yr

Collections Manager Salary

(201 salaries)

₹1.45 L/yr - ₹10.08 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 - ₹4.5 L/yr

Recovery Manager Salary

(3 salaries)

₹8.5 L/yr - ₹11 L/yr

Cluster Manager Salary

(24 salaries)

₹5 L/yr - ₹12.65 L/yr

Relationship Manager Salary

(1.6k salaries)

₹3 L/yr - ₹14 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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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 State Collection Manager Salary FAQs

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

State Collection Manager salary at IndusInd Bank in India ranges between ₹12.6 Lakhs to ₹16.8 Lakhs for experience between 10 years to 18 years. According to our estimates it is 5% less than the average State Collection Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of IndusInd Bank India.

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

The average salary of a State Collection Manager at IndusInd Bank is 5% less than the average salary of a State Collection Manager in India. To know exact salary insights, login to view.

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

Hero FinCorp State Collection Manager Salary - ₹12.0 Lakhs to ₹27.4 Lakhs per year
SMFG India Credit State Collection Manager Salary - ₹9.3 Lakhs to ₹26.7 Lakhs per year

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

AU Small Finance Bank State Collection Manager Salary - ₹13.0 Lakhs to ₹14.7 Lakhs per year
Shriram Finance State Collection Manager Salary - ₹10.0 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindra Bank State Collection Manager Salary - ₹6.8 Lakhs to ₹17.8 Lakhs per year

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 ranges between ₹1,00,389 per month to ₹1,03,122 per month in India. The take-home salary calculation is based on the average IndusInd Bank State Collection Manager salary in India which ranges between ₹12.6 Lakhs to ₹16.8 Lakhs per year for employees with experience between 10 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the IndusInd Bank State Collection Managers reported a notice period of 3 Months.This is based on 8 responses on AmbitionBox in last 2 years.

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IndusInd Bank State Collection Manager Salaries by Location

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IndusInd Bank State Collection Manager Salaries

IndusInd Bank State Collection Manager salary in India ranges between ₹12.6 Lakhs to ₹16.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 IndusInd Bank latest salaries received from various employees of IndusInd Bank.