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Kotak Mahindra Bank Collections Executive salaries in Mumbai (Updated 2025)

Annual salary range
1 - 6 years exp.
₹1.8 Lakh - ₹3.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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11% more than the average Collections Executive Salary in Banking Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Collections Executive Salary
1 - 6 years exp. (4 salaries)
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₹2.5 L/yr - ₹3 L/yr

Finance & Accounting
Collections Executive Salary
2 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.1 L/yr

Last Updated: 28 Feb 2025

Companies similar to Kotak Mahindra Bank for Collections Executive in Mumbai

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Kotak Mahindra Bank Collections Executive Salary

1 - 6 years exp. (15 salaries)

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₹1.8 L/yr - ₹3.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IDFC FIRST Bank Collections Executive Salary

0 - 7 years exp. (18 salaries)

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₹1.6 L/yr - ₹3.5 L/yr

arrow icon 4% less
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HDFC Bank Collections Executive Salary

1 - 7 years exp. (15 salaries)

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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 3% less
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₹1.5 L/yr - ₹3.1 L/yr

arrow icon 11% less
1 job opening
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ICICI Bank Collections Executive Salary

2 - 6 years exp. (8 salaries)

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₹1.9 L/yr - ₹3.3 L/yr

arrow icon 17% less
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Yes Bank Collections Executive Salary

2 - 4 years exp. (4 salaries)

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₹2.8 L/yr - ₹3.7 L/yr

At par
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Axis Bank Collections Executive Salary

3 - 5 years exp. (3 salaries)

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₹2 L/yr - ₹3.8 L/yr

arrow icon 3% less
Collections Executive salary at Kotak Mahindra Bank ranges between ₹1.8 Lakh to ₹3.3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 15 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Collections Executive in Mumbai

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Experience wise Kotak Mahindra Bank Collections Executive salaries in Mumbai

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
1 year  (4 salaries)

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₹2.5 L/yr - ₹3.2 L/yr
2 years  (3 salaries)

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₹1.8 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
5 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
View all

Salary related reviews for Kotak Mahindra Bank

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Rated by 1 employees for salary & benefits

Finance & Accounting Department

3.0
  •  posted on 04 Mar 2021

3.0
 for  Salary and Benefits

Likes

Company policies are good, and They give good salary hike . Good work environment..

read more
  • Skill development - Excellent
  • +2 more

Dislikes

There is a lot of politics and the management doesn't address our issues . Salary is decent but career growth is slow . There is bond of 2 years nefore which you can't resign .

read more
  • Job security - Bad
  • +1 more

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

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 18 Mar 2025

2.0
 for  Salary and Benefits

Likes

There is nothing much to like except you may see a level of job security if you're doing good in ops or sales work

Dislikes

Almost every aspect of the job that includes culture, managers, management, decisions, promotions, salary, all other perks, work life balance is NIL, kissing of Manger's hand may allow you to grow mostly, a company with worst management who doesn't even care for employees and men who are working hard. Please do not join if you have some other better options in hand

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 13 Mar 2025

4.0
 for  Salary and Benefits

Likes

Salary, Skill Development, promotions.

  • Salary - Good
  • +3 more

Dislikes

Managers who are not following the company policy. Too much process in account opening and POS. Customer funds are getting hold in the individual current accounts for like 12 months or 13 months. Ridiculous. Worst service provider to the customers. The bank is giving priority to sales only. Not for service.

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 02 Mar 2025

2.0
 for  Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

read more
  • Salary - Poor
  • +6 more
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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Collections Executive Salary FAQs

What is the salary of Collections Executive at Kotak Mahindra Bank in Mumbai?
The average salary of a Collections Executive at Kotak Mahindra Bank in Mumbai typically ranges from ₹1.8 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Collections Executive in Mumbai at Kotak Mahindra Bank earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Collections Executive 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 10+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Collections Executive at Kotak Mahindra Bank in Mumbai?
The estimated take-home salary of a Collections Executive at Kotak Mahindra Bank in Mumbai typically ranges from ₹20,485 to ₹22,142 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 1 year to 6 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 10+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Collections Executive in companies similar to Kotak Mahindra Bank in Mumbai?
The salary of a Collections Executive at companies similar to Kotak Mahindra Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Yes Bank ₹2.8 Lakhs to ₹3.7 Lakhs per year
Axis Bank ₹2.0 Lakhs to ₹3.8 Lakhs per year
HDFC Bank ₹1.5 Lakhs to ₹4.5 Lakhs per year
IDFC FIRST Bank ₹1.6 Lakhs to ₹3.5 Lakhs per year
Jana Small Finance Bank ₹1.5 Lakhs to ₹3.1 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 Collections Executive at Kotak Mahindra Bank in Mumbai?
The salary growth for a Collections Executive at Kotak Mahindra Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Collections Executive in Mumbai can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
1 year ₹2.5 Lakhs to ₹3.2 Lakhs per year
2 years ₹1.8 Lakhs to ₹3.1 Lakhs per year
3 years ₹2.6 Lakhs to ₹3.3 Lakhs per year
4 years ₹2.6 Lakhs to ₹3.3 Lakhs per year
and so on.

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Kotak Mahindra Bank Collections Executive salary in Mumbai ranges between ₹1.8 Lakh to ₹3.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.