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Kotak Mahindra Bank Collections Manager salaries in India (Updated 2025)

Annual salary range
3 - 14 years exp.
₹1.8 Lakh - ₹9.8 Lakhs
Salary of majority employees
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9% more than the average Collections Manager Salary in Banking Companies for 3 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Collections Manager Salary
3 - 14 years exp. (121 salaries)
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₹2.1 L/yr - ₹9.5 L/yr

Finance & Accounting
Collections Manager Salary
3 - 14 years exp. (43 salaries)
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₹2.3 L/yr - ₹8.5 L/yr

Customer Success, Service & Operations
Collections Manager Salary
3 - 12 years exp. (19 salaries)
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₹3.1 L/yr - ₹9.4 L/yr

Risk Management & Compliance
Collections Manager Salary
4 - 12 years exp. (19 salaries)
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₹4 L/yr - ₹9.2 L/yr

Last Updated: 20 Feb 2025

Companies similar to Kotak Mahindra Bank for Collections Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Collections Manager Salary

0 - 18 years exp. (1.1k salaries)

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₹3 L/yr - ₹11.1 L/yr

arrow icon 6% more
2 job openings
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ICICI Bank Collections Manager Salary

3 - 15 years exp. (205 salaries)

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₹2.5 L/yr - ₹12 L/yr

arrow icon 20% more
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Axis Bank Collections Manager Salary

4 - 14 years exp. (285 salaries)

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₹2.9 L/yr - ₹13 L/yr

arrow icon 20% more
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₹5.4 L/yr - ₹6.7 L/yr

arrow icon 3% more
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Yes Bank Collections Manager Salary

4 - 15 years exp. (141 salaries)

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₹4.2 L/yr - ₹10.5 L/yr

arrow icon 24% more
2 job openings
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IndusInd Bank Collections Manager Salary

1 - 14 years exp. (203 salaries)

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₹1.9 L/yr - ₹10 L/yr

arrow icon 6% more
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IDFC FIRST Bank Collections Manager Salary

1 - 11 years exp. (568 salaries)

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₹2 L/yr - ₹10.6 L/yr

arrow icon 5% more
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RBL Bank Collections Manager Salary

3 - 11 years exp. (74 salaries)

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₹2.2 L/yr - ₹10 L/yr

arrow icon 9% less
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Federal Bank Collections Manager Salary

4 - 7 years exp. (6 salaries)

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₹5.7 L/yr - ₹8 L/yr

arrow icon 10% more
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₹2 L/yr - ₹5.7 L/yr

arrow icon 38% less
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Bandhan Bank Collections Manager Salary

2 - 13 years exp. (41 salaries)

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₹2.7 L/yr - ₹9.9 L/yr

arrow icon 17% less
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₹2.2 L/yr - ₹6.5 L/yr

arrow icon 36% less
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₹1.8 L/yr - ₹8 L/yr

arrow icon 19% less
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Paytm Payments Bank Collections Manager Salary

3 - 11 years exp. (10 salaries)

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₹4.7 L/yr - ₹6.7 L/yr

arrow icon 15% less
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Karur Vysya Bank Collections Manager Salary

4 - 10 years exp. (6 salaries)

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₹5.2 L/yr - ₹7.5 L/yr

arrow icon 8% more
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IDBI Bank Collections Manager Salary

13 - 14 years exp. (3 salaries)

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₹20 L/yr - ₹22 L/yr

arrow icon 238% more
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Bank of Baroda Collections Manager Salary

18 - 19 years exp. (3 salaries)

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₹5.9 L/yr - ₹6 L/yr

arrow icon 4% less

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Collections Manager salary at Kotak Mahindra Bank ranges between ₹1.8 Lakh to ₹9.8 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 302 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Collections Manager

1w ago
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9 years exp.
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9 years exp.
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9 years exp.
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11 years exp.
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9 years exp.
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6 years exp.
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11 years exp.
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9 years exp.
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Experience wise Kotak Mahindra Bank Collections Manager salaries

Last Updated: 20 Feb 2025

Experience Avg Annual Salary
3 years  (29 salaries)

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₹2 L/yr - ₹7.3 L/yr
4 years  (32 salaries)

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₹2 L/yr - ₹6 L/yr
5 years  (32 salaries)

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₹1.8 L/yr - ₹7.5 L/yr
6 years  (40 salaries)

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₹1.9 L/yr - ₹9 L/yr
7 years  (28 salaries)

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₹2.4 L/yr - ₹8.2 L/yr
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Kotak Mahindra Bank Collections Manager Salary and Career Growth

From

To

Collections Manager

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3 - 14 years exp.

Area Collection Manager

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6 - 19 years exp.

From

To

Collections Manager

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3 - 14 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.

Similar Designation salaries in Kotak Mahindra Bank

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₹1.6 L/yr - ₹4.8 L/yr
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₹6.05 L/yr - ₹16.25 L/yr
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₹17 L/yr - ₹36 L/yr
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₹2.34 L/yr - ₹3.55 L/yr
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₹5.3 L/yr - ₹10 L/yr
Cluster Manager Salary
(63 salaries)
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₹3.95 L/yr - ₹16.24 L/yr
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₹1.5 L/yr - ₹10 L/yr
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₹1.8 L/yr - ₹8.21 L/yr
Debt Manager Salary
(10 salaries)
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₹4 L/yr - ₹7.5 L/yr
Branch Manager Salary
(1k salaries)
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₹7 L/yr - ₹25.56 L/yr

Top skills at Kotak Mahindra Bank for Collections Manager

Collection Management Collections Recovery Collection Management Collections Recovery Sales Debt Management Recovery Management Debt Collection Banking Team Handling Legal Compliance Credit Cards Legal
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Salary related reviews for Kotak Mahindra Bank

4.2

Rated by 72 employees for salary & benefits

BFSI, Investments & Trading Department

5.0
  •  posted on 22 Feb 2022

5.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good,appraisal are fair .

read more
  • Salary - Excellent
  • +6 more

Dislikes

Salary is decent but career growth is low.

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.

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

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

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
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Kotak Mahindra Bank Collections Manager Salary FAQs

What is the salary of Collections Manager at Kotak Mahindra Bank?
Collections Manager salary at Kotak Mahindra Bank in India ranges between ₹1.8 Lakhs to ₹9.8 Lakhs for experience between 3 years to 14 years. According to our estimates it is 9% more than the average Collections Manager Salary in India. Salary estimates are based on 302 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Collections Manager at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Collections Manager at Kotak Mahindra Bank is 9% more than the average salary of a Collections Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Collections Manager at Kotak Mahindra Bank?
Collection Management, Collections, Recovery, Collection Management and Collections are some of the popular skills required to work as a Collections Manager at Kotak Mahindra Bank India.
Which similar companies are paying more than Kotak Mahindra Bank to a Collections Manager in India?
  • IDBI Bank Collections Manager Salary - ₹20.0 Lakhs to ₹22.0 Lakhs per year
  • Yes Bank Collections Manager Salary - ₹4.2 Lakhs to ₹10.5 Lakhs per year
  • ICICI Bank Collections Manager Salary - ₹2.5 Lakhs to ₹12.0 Lakhs per year
  • Axis Bank Collections Manager Salary - ₹2.9 Lakhs to ₹13.0 Lakhs per year
  • Federal Bank Collections Manager Salary - ₹5.7 Lakhs to ₹8.0 Lakhs per year
What is the salary of a Collections Manager in companies similar to Kotak Mahindra Bank in India?
  • Karur Vysya Bank Collections Manager Salary - ₹5.2 Lakhs to ₹7.5 Lakhs per year
  • HDFC Bank Collections Manager Salary - ₹3.0 Lakhs to ₹11.1 Lakhs per year
  • IndusInd Bank Collections Manager Salary - ₹1.9 Lakhs to ₹10.0 Lakhs per year
  • IDFC FIRST Bank Collections Manager Salary - ₹2.0 Lakhs to ₹10.6 Lakhs per year
  • State Bank of India Collections Manager Salary - ₹5.4 Lakhs to ₹6.7 Lakhs per year
What is the estimated take home salary of a Collections Manager at Kotak Mahindra Bank in India?
The estimated take-home salary of a Collections Manager at Kotak Mahindra Bank ranges between ₹46,536 per month to ₹47,639 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Collections Manager salary in India which ranges between ₹1.8 Lakhs to ₹9.8 Lakhs per year for employees with experience between 3 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Collections Manager at Kotak Mahindra Bank?
According to AmbitionBox, 67% of the Kotak Mahindra Bank Collections Managers reported a notice period of 3 Months, 26% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 232 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Collections Manager salary in India ranges between ₹1.8 Lakh to ₹9.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 302 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.