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Kotak Mahindra Bank

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3.7

based on 17.6k Reviews

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Kotak Mahindra Bank Collection Officer salaries in Tiruchirappalli

Annual salary range
3 - 6 years exp.
₹2 Lakhs - ₹2.7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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8% less than the average Collection Officer Salary in Banking Companies for 3 - 6 years of experience

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Last Updated: 8 Jun 2024

Companies similar to Kotak Mahindra Bank for Collection Officer in Tiruchirappalli

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Kotak Mahindra Bank Collection Officer Salary

3 - 6 years exp. (3 salaries)
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₹2 L/yr - ₹2.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Sammaan Capital Limited Collection Officer Salary

1 - 4 years exp. (7 salaries)
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₹2.2 L/yr - ₹2.8 L/yr

At par
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Bajaj Finserv Collection Officer Salary

1 - 6 years exp. (3 salaries)
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₹0.5 L/yr - ₹3.1 L/yr

arrow icon 51% less
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Shriram Chits Collection Officer Salary

3 - 6 years exp. (3 salaries)
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₹2 L/yr - ₹2 L/yr

arrow icon 24% less
Collection Officer salary at Kotak Mahindra Bank ranges between ₹2 Lakhs to ₹2.7 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Collection Officer in Tiruchirappalli

10mo ago
₹2.4 Lakhs
6 years exp.
1y ago
₹2.4 Lakhs
5 years exp.

Experience wise Kotak Mahindra Bank Collection Officer salaries in Tiruchirappalli

Last Updated: 8 Jun 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr
Kotak Mahindra Bank Collection Officer Salary and Career Growth

From

To

Collection Officer

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2 - 6 years exp.

Collection Supervisor

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1 - 4 years exp.

From

View 1 more level

To

Collection Officer

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2 - 6 years exp.

Area Collection Manager

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6 - 19 years exp.

From

View 1 more level

To

Collection Officer

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2 - 6 years exp.

Head Location Recovery

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10 - 20 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Salary related reviews for Kotak Mahindra Bank

Relationship Officer in Visakhapatnam

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 24 Mar 2025
2.0
 for  Salary and Benefits

Likes

On time salary

  • Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

read more
  • Salary - Poor
    • +4 more

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.

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • Skill development - Poor
    • +1 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

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a manager
1w
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 Collection Officer Salary FAQs

How the salary growth look like for a Collection Officer at Kotak Mahindra Bank in Tiruchirappalli?
The salary growth for a Collection Officer at Kotak Mahindra Bank in Tiruchirappalli depends on factors such as experience, performance, and promotions. On average, a Collection Officer in Tiruchirappalli can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
3 years ₹2.4 Lakhs to ₹3.0 Lakhs per year
4 years ₹2.4 Lakhs to ₹3.0 Lakhs per year
5 years ₹2.4 Lakhs to ₹3.1 Lakhs per year
6 years ₹2.4 Lakhs to ₹3.1 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindra Bank Collection Officer salary in Tiruchirappalli ranges between ₹2 Lakhs to ₹2.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.