Kotak Mahindra Bank Kolkata Area Collection Manager Salaries by 7 Employees (Updated 2025)

6 - 14 years exp.

₹7.5 Lakhs - ₹11.3 Lakhs

Salary of majority employees

7% more than the average Area Collection Manager Salary in Banking Companies for 6 - 14 years of experience

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Last Updated: 8 Nov 2023

Companies similar to Kotak Mahindra Bank for Area Collection Manager in Kolkata

Kotak Mahindra Bank Area Collection Manager Salary

6 - 14 years exp. (7 salaries)

₹7.5 L/yr - ₹11.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Collection Manager Salary 10 - 22 years exp. (21 salaries)	₹9.2 L/yr - ₹19.2 L/yr 42% more
ICICI Bank Area Collection Manager Salary 9 - 16 years exp. (10 salaries)	₹7 L/yr - ₹15 L/yr 2% more
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Axis Bank Area Collection Manager Salary 9 - 19 years exp. (14 salaries)	₹5.5 L/yr - ₹13.5 L/yr 16% more	1 job opening
IDFC FIRST Bank Area Collection Manager Salary 9 - 18 years exp. (12 salaries)	₹11 L/yr - ₹17.3 L/yr 48% more
Jana Small Finance Bank Area Collection Manager Salary 3 - 12 years exp. (21 salaries)	₹1.8 L/yr - ₹5.1 L/yr 62% less
Bandhan Bank Area Collection Manager Salary 4 - 15 years exp. (7 salaries)	₹2.9 L/yr - ₹8.4 L/yr 23% less
Ujjivan Small Finance Bank Area Collection Manager Salary 10 - 15 years exp. (6 salaries)	₹11 L/yr - ₹15.8 L/yr 38% more	1 job opening

Area Collection Manager salary at Kotak Mahindra Bank ranges between ₹7.5 Lakhs to ₹11.3 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Area Collection Manager salaries in Kolkata

Last Updated: 8 Nov 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹8 L/yr - ₹14.9 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹8.7 L/yr
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8 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹15.7 L/yr
9 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
10 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
11 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
12 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
13 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹17.8 L/yr
14 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹18.2 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Collections Manager Salary

(9 salaries)

₹3.25 L/yr - ₹7.5 L/yr

Area Manager Salary

(9 salaries)

₹9.1 L/yr - ₹24 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

4.0

Rated by 2 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

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kotak Mahindra Bank Area Collection Manager Salary FAQs

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

Area Collection Manager salary at Kotak Mahindra Bank in Kolkata ranges between ₹7.5 Lakhs to ₹11.3 Lakhs for experience between 6 years to 14 years. According to our estimates it is 7% more than the average Area Collection Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank Kolkata.

How does the salary of a Area Collection Manager at Kotak Mahindra Bank Kolkata compare with the average salary range for this job?

The average salary of a Area Collection Manager at Kotak Mahindra Bank is 7% more than the average salary of a Area Collection Manager in Kolkata. To know exact salary insights, login to view.

What are the top skills required to work as a Area Collection Manager at Kotak Mahindra Bank?

Collections, Team Handling, Consumer Durables and Collection Management are some of the popular skills required to work as a Area Collection Manager at Kotak Mahindra Bank Kolkata.

Which similar companies are paying more than Kotak Mahindra Bank to a Area Collection Manager in Kolkata?

IDFC FIRST Bank Area Collection Manager Salary - ₹11.0 Lakhs to ₹17.3 Lakhs per year
HDFC Bank Area Collection Manager Salary - ₹9.2 Lakhs to ₹19.2 Lakhs per year
Ujjivan Small Finance Bank Area Collection Manager Salary - ₹11.0 Lakhs to ₹15.8 Lakhs per year
Axis Bank Area Collection Manager Salary - ₹5.5 Lakhs to ₹13.5 Lakhs per year
ICICI Bank Area Collection Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year

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

Bandhan Bank Area Collection Manager Salary - ₹2.9 Lakhs to ₹8.4 Lakhs per year
Jana Small Finance Bank Area Collection Manager Salary - ₹1.8 Lakhs to ₹5.1 Lakhs per year

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

The estimated take-home salary of a Area Collection Manager at Kotak Mahindra Bank ranges between ₹70,661 per month to ₹72,479 per month in Kolkata. The take-home salary calculation is based on the average Kotak Mahindra Bank Area Collection Manager salary in India which ranges between ₹7.5 Lakhs to ₹11.3 Lakhs per year for employees with experience between 6 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Area Collection Manager at Kotak Mahindra Bank in Kolkata?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Area Collection Managers in Kolkata reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Area Collection Manager Salaries in Kolkata

Kotak Mahindra Bank Area Collection Manager salary in Kolkata ranges between ₹7.5 Lakhs to ₹11.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.