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Kotak Mahindra Bank Collection Team Manager salaries in India

Annual salary range
4 - 10 years exp.
₹3 Lakhs - ₹6.6 Lakhs
Salary of majority employees
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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)
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₹3.5 L/yr - ₹6.6 L/yr

Finance & Accounting
Collection Team Manager Salary
5 - 8 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.2 L/yr

Sales & Business Development
Collection Team Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹5.2 L/yr - ₹5.3 L/yr

Last Updated: 22 Nov 2024

Companies similar to Kotak Mahindra Bank for Collection Team Manager

Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹6.5 L/yr

arrow icon 16% more
1 job opening
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₹3.6 L/yr - ₹6.5 L/yr

At par
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₹2.8 L/yr - ₹5.5 L/yr

At par
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₹2.9 L/yr - ₹3.7 L/yr

arrow icon 29% less
Logo
Genpact Collection Team Manager Salary

4 - 14 years exp. (3 salaries)

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₹8.5 L/yr - ₹13 L/yr

arrow icon 146% 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 20 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Collection Team Manager

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Experience wise Kotak Mahindra Bank Collection Team Manager salaries

Last Updated: 22 Nov 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.8 L/yr
5 years  (4 salaries)

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₹3 L/yr - ₹5.2 L/yr
6 years  (5 salaries)

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₹3 L/yr - ₹5.2 L/yr
7 years  (4 salaries)

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₹4 L/yr - ₹5.7 L/yr
8 years  (3 salaries)

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₹4 L/yr - ₹6.6 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

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₹2 L/yr - ₹9.83 L/yr
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₹4.5 L/yr - ₹16.25 L/yr
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₹1.5 L/yr - ₹10 L/yr
Credit Manager Salary
(1k salaries)
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₹4 L/yr - ₹14.5 L/yr
Finance Manager Salary
(18 salaries)
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₹2.6 L/yr - ₹10.05 L/yr
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₹5.98 L/yr - ₹23 L/yr
Sales Manager Salary
(770 salaries)
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₹1.2 L/yr - ₹11 L/yr
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₹2.5 L/yr - ₹11.3 L/yr
Branch Manager Salary
(1k salaries)
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₹7 L/yr - ₹25.56 L/yr
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₹4.85 L/yr - ₹9.5 L/yr

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

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

read more
  • Job security - Excellent
    +2 more

Dislikes

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

read more
  • Promotions - Poor

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.

read more
  • Salary - Bad

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

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.

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  • 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.

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  • Work satisfaction - Bad
    +2 more

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.

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  • Salary - Poor
    +4 more
see more salary related reviews

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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. Salary estimates are based on 20 latest salaries received from various employees of Kotak Mahindra Bank India.
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
  • Conneqt Business Solutions Collection Team Manager Salary - ₹3.6 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?
  • 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 ₹34,411 per month to ₹35,659 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, 83% of the Kotak Mahindra Bank Collection Team Managers reported a notice period of 3 Months, 5% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Collection Team Manager salary in India ranges between ₹3 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 20 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.