Kotak Mahindra Bank Collection Team Manager Salaries by 20+ Employees (Updated 2025)

4 - 10 years exp.

₹3 Lakhs - ₹6.6 Lakhs

Salary of majority employees

At par with the average Collection Team Manager Salary in Banking Companies for 4 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collection Team Manager Salary 4 - 10 years exp. (9 salaries)	₹3.5 L/yr - ₹6.6 L/yr
Sales & Business Development Collection Team Manager Salary 5 - 7 years exp. (3 salaries)	₹4.7 L/yr - ₹5.2 L/yr
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Finance & Accounting Collection Team Manager Salary 5 - 8 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.6 L/yr

Last Updated: 21 Feb 2025

Companies similar to Kotak Mahindra Bank for Collection Team Manager

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Collection Team Manager Salary 5 - 10 years exp. (5 salaries)	₹3 L/yr - ₹6.5 L/yr 14% more	1 job opening
Conneqt Business Solutions Collection Team Manager Salary 5 - 9 years exp. (4 salaries)	₹3.6 L/yr - ₹6.5 L/yr 2% less
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Vsv Enterprises Collection Team Manager Salary 3 - 6 years exp. (3 salaries)	₹2.8 L/yr - ₹5.5 L/yr 2% less
Alabos Bpo Solutions Collection Team Manager Salary 1 - 3 years exp. (3 salaries)	₹2.9 L/yr - ₹3.7 L/yr 31% less
Genpact Collection Team Manager Salary 4 - 14 years exp. (3 salaries)	₹8.5 L/yr - ₹13 L/yr 141% more

Collection Team Manager salary at Kotak Mahindra Bank ranges between ₹3 Lakhs to ₹6.6 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 21 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Collection Team Manager salaries

Last Updated: 21 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.8 L/yr
5 years (4 salaries)	₹3 L/yr - ₹5.2 L/yr
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6 years (5 salaries)	₹3 L/yr - ₹5.2 L/yr
7 years (5 salaries)	₹4 L/yr - ₹5.7 L/yr
8 years (3 salaries)	₹4 L/yr - ₹6.6 L/yr
9 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
10 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹5 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

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(302 salaries)

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Top skills at Kotak Mahindra Bank for Collection Team Manager

Recovery Team Handling Collections Collection Management

Salary related reviews for Kotak Mahindra Bank

3.7

Rated by 6 employees for salary & benefits

Collection Team Manager in Bhopal

TFE Department

4.0

• posted on 27 Mar 2018

3.0

for Salary and Benefits

Likes

Travel policy is best but growth is very low about salary increment or promotion Kotak provide space to full balance life or job

Job security - Excellent

+2 more

Dislikes

Carrier growth is really very low upper management not serious about junior staff promotion or salary hike

Promotions - Poor

Assistant Vice President in Ernakulam

Full Time

Finance & Accounting Department

4.0

• posted on 02 Jul 2024

1.0

for Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

Skill development - Good

+2 more

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

Salary - Bad

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

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Kotak Mahindra Bank Collection Team Manager Salary FAQs

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

Collection Team Manager salary at Kotak Mahindra Bank in India ranges between ₹3.0 Lakhs to ₹6.6 Lakhs for experience between 4 years to 10 years. According to our estimates it is 1% more than the average Collection Team Manager Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Collection Team Manager at Kotak Mahindra Bank is 1% more than the average salary of a Collection Team Manager in India. To know exact salary insights, login to view.

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

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

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

Genpact Collection Team Manager Salary - ₹8.5 Lakhs to ₹13.0 Lakhs per year
HDB Financial Services Collection Team Manager Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year

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

Conneqt Business Solutions Collection Team Manager Salary - ₹3.6 Lakhs to ₹6.5 Lakhs per year
Vsv Enterprises Collection Team Manager Salary - ₹2.8 Lakhs to ₹5.5 Lakhs per year
Alabos Bpo Solutions Collection Team Manager Salary - ₹2.9 Lakhs to ₹3.7 Lakhs per year

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

The estimated take-home salary of a Collection Team Manager at Kotak Mahindra Bank ranges between ₹35,141 per month to ₹36,379 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Collection Team Manager salary in India which ranges between ₹3.0 Lakhs to ₹6.6 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Collection Team Manager at Kotak Mahindra Bank?

According to AmbitionBox, 81% of the Kotak Mahindra Bank Collection Team Managers reported a notice period of 3 Months, 7% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 26 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Collection Team Manager Salaries by Location

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Kotak Mahindra Bank Collection Team Manager Salaries

Kotak Mahindra Bank Collection Team Manager salary in India ranges between ₹3 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Collection Team Manager salaries in India (Updated 2025)

Companies similar to Kotak Mahindra Bank for Collection Team Manager

Latest annual salaries shared by Kotak Mahindra Bank Collection Team Manager

Experience wise Kotak Mahindra Bank Collection Team Manager salaries

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Collection Team Manager

Salary related reviews for Kotak Mahindra Bank

Collection Team Manager in Bhopal

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Kotak Mahindra Bank Collection Team Manager Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Collection Team Manager Salaries by Location