Kotak Mahindra Bank Area Collection Manager Salaries by 70+ Employees (Updated 2025)

6 - 19 years exp.

₹6.1 Lakhs - ₹16.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

21% more than the average Area Collection Manager Salary in Banking Companies for 6 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Collection Manager Salary 6 - 17 years exp. (40 salaries)	₹7.2 L/yr - ₹16.2 L/yr
Finance & Accounting Area Collection Manager Salary 6 - 19 years exp. (12 salaries)	₹7.3 L/yr - ₹16.3 L/yr
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Customer Success, Service & Operations Area Collection Manager Salary 15 - 18 years exp. (3 salaries)	₹7.9 L/yr - ₹13.5 L/yr
Product Management Area Collection Manager Salary 6 - 10 years exp. (AmbitionBox Estimate)	₹10.4 L/yr - ₹12.1 L/yr
Sales & Business Development Area Collection Manager Salary 12 - 16 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹11.2 L/yr

View all

Last Updated: 4 Apr 2025

Companies similar to Kotak Mahindra Bank for Area Collection Manager

Company name	Avg Annual Salary	Open Jobs
Jana Small Finance Bank Area Collection Manager Salary 2 - 13 years exp. (292 salaries)	₹1 L/yr - ₹6.1 L/yr 64% less	1 job opening
IDFC FIRST Bank Area Collection Manager Salary 8 - 18 years exp. (210 salaries)	₹6.3 L/yr - ₹20 L/yr 23% more
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HDFC Bank Area Collection Manager Salary 10 - 22 years exp. (175 salaries)	₹5.5 L/yr - ₹22 L/yr 26% more
Axis Bank Area Collection Manager Salary 5 - 22 years exp. (192 salaries)	₹6.6 L/yr - ₹20 L/yr 6% more
ICICI Bank Area Collection Manager Salary 9 - 17 years exp. (160 salaries)	₹5 L/yr - ₹18.2 L/yr At par
Ujjivan Small Finance Bank Area Collection Manager Salary 9 - 16 years exp. (29 salaries)	₹8.4 L/yr - ₹16 L/yr 13% more
Bandhan Bank Area Collection Manager Salary 4 - 15 years exp. (25 salaries)	₹2.9 L/yr - ₹12.7 L/yr 30% less
IndusInd Bank Area Collection Manager Salary 9 - 18 years exp. (21 salaries)	₹6 L/yr - ₹15.5 L/yr 12% more	1 job opening
Yes Bank Area Collection Manager Salary 7 - 16 years exp. (21 salaries)	₹7.6 L/yr - ₹14.7 L/yr 10% less
Bank of Baroda Area Collection Manager Salary 8 - 17 years exp. (5 salaries)	₹6.3 L/yr - ₹18.3 L/yr 14% more
Paytm Payments Bank Area Collection Manager Salary 2 - 14 years exp. (5 salaries)	₹7.8 L/yr - ₹17 L/yr 4% more
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RBL Bank Area Collection Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr 9% less

Area Collection Manager salary at Kotak Mahindra Bank ranges between ₹6.1 Lakhs to ₹16.3 Lakhs per year for employees with experience between 6 years to 19 years. Salary estimates are based on 77 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Area Collection Manager

2d ago

₹7.3 Lakhs

11 years exp.

1w ago

₹14.2 Lakhs

11 years exp.

3w ago

₹9.1 Lakhs

16 years exp.

4w ago

₹14.2 Lakhs

10 years exp.

1mo ago

₹13.9 Lakhs

16 years exp.

1mo ago

14 years exp.

1mo ago

18 years exp.

1mo ago

10 years exp.

2mo ago

11 years exp.

2mo ago

6 years exp.

Experience wise Kotak Mahindra Bank Area Collection Manager salaries

Last Updated: 4 Apr 2025

Experience	Avg Annual Salary
6 years (6 salaries)	₹7.2 L/yr - ₹10.5 L/yr
7 years (3 salaries)	₹7.2 L/yr - ₹17.7 L/yr
Login to view exact salary
8 years (5 salaries)	₹7.3 L/yr - ₹18.1 L/yr
9 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.8 L/yr
10 years (8 salaries)	₹8.6 L/yr - ₹14.2 L/yr
11 years (4 salaries)	₹7.3 L/yr - ₹14.2 L/yr
12 years (6 salaries)	₹6.5 L/yr - ₹12 L/yr
13 years (7 salaries)	₹7.5 L/yr - ₹15 L/yr
14 years (9 salaries)	₹7.5 L/yr - ₹13 L/yr
15+ years (27 salaries)	₹6.1 L/yr - ₹16.3 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Zonal Collection Manager Salary

(4 salaries)

₹26 L/yr - ₹36 L/yr

Branch Collection Manager Salary

(3 salaries)

₹5.3 L/yr - ₹10 L/yr

Collections Manager Salary

(306 salaries)

₹1.75 L/yr - ₹9.83 L/yr

Senior Area Collection Manager Salary

(AmbitionBox Estimate)

₹9.3 L/yr - ₹11.8 L/yr

Regional Collection Manager Salary

(9 salaries)

₹14 L/yr - ₹26 L/yr

Territory Collection Manager Salary

(6 salaries)

₹3.9 L/yr - ₹6.85 L/yr

Collection Officer Salary

(49 salaries)

₹1.6 L/yr - ₹4.05 L/yr

Senior Collection Officer Salary

(3 salaries)

₹2.4 L/yr - ₹2.5 L/yr

Area Manager Salary

(89 salaries)

₹7 L/yr - ₹30.63 L/yr

Recovery Manager Salary

(23 salaries)

₹1.8 L/yr - ₹8.42 L/yr

Top skills at Kotak Mahindra Bank for Area Collection Manager

Collections Team Handling Consumer Durables Collection Management

Salary related reviews for Kotak Mahindra Bank

3.1

Rated by 11 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 11 Jun 2024

2.0

for Salary and Benefits

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 May 2024

3.0

for Salary and Benefits

Likes

Kotak pays good salary and promotions are totally based on your performance.

Skill development - Good

+1 more

Dislikes

The attrition rate is 56%, one of the highest in the industry. You don't get Saturdays and they act fussy when you ask for a well deserved general leave. The pressure of doing sales is eminent, even in impossible scenarios. The new CEO wants to make it JP morgan of India, but the way they are doing it is laughable.

Work satisfaction - Bad

+2 more

Deputy Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 10 Mar 2024

2.0

for Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

Job security - Good

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

Salary - Poor

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

Skill development - Poor

+1 more

Deputy Manager in Thane

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Nov 2023

2.0

for Salary and Benefits

Likes

Work profile and process is good.

Dislikes

Bad management they hire TL who ask money from their employees and do not return. no work-life balance less salary package only fancy designations are given which does not have a value in the market if u go out.No job security HR listens more to management then employees do not support after you leave the job or be on the job.They do not invest in their system updates but only on themselves.

Salary - Poor

+4 more

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Area Collection Manager Salary FAQs

What is the salary of Area Collection Manager at Kotak Mahindra Bank ?

The average salary of a Area Collection Manager at Kotak Mahindra Bank in India typically ranges from ₹6.1 Lakhs to ₹16.3 Lakhs per year, depending on experience (from 6 years to 19 years).

The top 10% of Area Collection Manager at Kotak Mahindra Bank earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹16.2 Lakhs per year. Area Collection Manager Salaries at Kotak Mahindra 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 70+ Kotak Mahindra Bank employees in India.

What is the estimated take home salary of a Area Collection Manager at Kotak Mahindra Bank in India?

The estimated take-home salary of a Area Collection Manager at Kotak Mahindra Bank in India typically ranges from ₹77,896 to ₹79,919 per month. This is based on the average salary range of ₹6.1 Lakhs to ₹16.3 Lakhs per year for employees with experience ranging from 6 years to 19 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 70+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Area Collection Manager at Kotak Mahindra Bank ?

To be a Area Collection Manager at Kotak Mahindra Bank in india, the key skills required include:

- Collections
- Team Handling
- Consumer Durables
- Collection Management

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

Which companies offer higher salaries than Kotak Mahindra Bank for Area Collection Manager in India?

HDFC Bank	₹5.5 Lakhs to ₹22.0 Lakhs per year
IDFC FIRST Bank	₹6.3 Lakhs to ₹20.0 Lakhs per year
Bank of Baroda	₹6.3 Lakhs to ₹18.3 Lakhs per year
Ujjivan Small Finance Bank	₹8.4 Lakhs to ₹16.0 Lakhs per year
IndusInd Bank	₹6.0 Lakhs to ₹15.5 Lakhs per year

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

What is the salary of a Area Collection Manager in companies similar to Kotak Mahindra Bank in India?

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

Axis Bank	₹6.6 Lakhs to ₹20.0 Lakhs per year
Paytm Payments Bank	₹7.8 Lakhs to ₹17.0 Lakhs per year
ICICI Bank	₹5.0 Lakhs to ₹18.2 Lakhs per year
RBL Bank	₹8.6 Lakhs to ₹11.0 Lakhs per year
Yes Bank	₹7.6 Lakhs to ₹14.7 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 Area Collection Manager at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
6 years	₹7.2 Lakhs to ₹10.5 Lakhs per year
7 years	₹7.2 Lakhs to ₹17.7 Lakhs per year
8 years	₹7.3 Lakhs to ₹18.1 Lakhs per year
9 years	₹9.2 Lakhs to ₹11.8 Lakhs per year

and so on.

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Kotak Mahindra Bank Area Collection Manager Salaries

Kotak Mahindra Bank Area Collection Manager salary in India ranges between ₹6.1 Lakhs to ₹16.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 77 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.