Kotak Mahindra Bank Ahmedabad Collections Manager Salaries by 10+ Employees (Updated 2025)

3 - 15 years exp.

₹3.2 Lakhs - ₹9.5 Lakhs

Salary of majority employees

At par with the average Collections Manager Salary in Banking Companies for 3 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 4 - 13 years exp. (7 salaries)	₹4 L/yr - ₹9.5 L/yr
Finance & Accounting Collections Manager Salary 3 - 11 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹8.1 L/yr
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Customer Success, Service & Operations Collections Manager Salary 15 years exp. (AmbitionBox Estimate)	₹4.6 L/yr - ₹9.2 L/yr

Last Updated: 6 Jan 2025

Companies similar to Kotak Mahindra Bank for Collections Manager in Ahmedabad

Kotak Mahindra Bank Collections Manager Salary

3 - 15 years exp. (15 salaries)

₹3.2 L/yr - ₹9.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Collections Manager Salary 4 - 11 years exp. (8 salaries)	₹4.5 L/yr - ₹7.6 L/yr 19% more
Axis Bank Collections Manager Salary 4 - 14 years exp. (10 salaries)	₹2.9 L/yr - ₹9.1 L/yr 21% more
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Yes Bank Collections Manager Salary 6 - 9 years exp. (4 salaries)	₹6.4 L/yr - ₹8.5 L/yr 24% more	1 job opening
IDFC FIRST Bank Collections Manager Salary 1 - 9 years exp. (19 salaries)	₹3 L/yr - ₹8 L/yr 3% more
Jana Small Finance Bank Collections Manager Salary 2 - 11 years exp. (8 salaries)	₹2 L/yr - ₹4.8 L/yr 38% less

Collections Manager salary at Kotak Mahindra Bank ranges between ₹3.2 Lakhs to ₹9.5 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 15 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Collections Manager salaries in Ahmedabad

Last Updated: 6 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹7.6 L/yr
4 years (3 salaries)	₹4.5 L/yr - ₹4.7 L/yr
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5 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.9 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹10.5 L/yr
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹11.1 L/yr
10 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.5 L/yr
11 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹8.1 L/yr
12 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8.2 L/yr
13 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹9.5 L/yr
14 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
15+ years (AmbitionBox Estimate)	₹3.2 L/yr - ₹9.2 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Relationship Manager Salary

(152 salaries)

₹2.1 L/yr - ₹10.73 L/yr

Branch Manager Salary

(48 salaries)

₹7.04 L/yr - ₹21 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

Salary related reviews for Kotak Mahindra Bank

4.7

Rated by 3 employees for salary & benefits

Collections Manager in Kolkata

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 .

Dislikes

Salary is decent but career growth is low.

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.

Dislikes

Salary, promortion - these are the worst over here.

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.

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.

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.

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.

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.

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.

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Salary Discussions, Hike & Promotions

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindra Bank Collections Manager Salary FAQs

What is the salary of Collections Manager at Kotak Mahindra Bank Ahmedabad?

Collections Manager salary at Kotak Mahindra Bank in Ahmedabad ranges between ₹3.2 Lakhs to ₹9.5 Lakhs for experience between 3 years to 15 years. Salary estimates are based on 15 latest salaries received from various employees of Kotak Mahindra Bank Ahmedabad.

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 Ahmedabad.

Which similar companies are paying more than Kotak Mahindra Bank to a Collections Manager in Ahmedabad?

Yes Bank Collections Manager Salary - ₹6.4 Lakhs to ₹8.5 Lakhs per year
Axis Bank Collections Manager Salary - ₹2.9 Lakhs to ₹9.1 Lakhs per year
ICICI Bank Collections Manager Salary - ₹4.5 Lakhs to ₹7.6 Lakhs per year
IDFC FIRST Bank Collections Manager Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year

What is the salary of a Collections Manager in companies similar to Kotak Mahindra Bank in Ahmedabad?

Jana Small Finance Bank Collections Manager Salary - ₹2.0 Lakhs to ₹4.8 Lakhs per year

What is the estimated take home salary of a Collections Manager at Kotak Mahindra Bank in Ahmedabad?

The estimated take-home salary of a Collections Manager at Kotak Mahindra Bank ranges between ₹46,886 per month to ₹47,996 per month in Ahmedabad. The take-home salary calculation is based on the average Kotak Mahindra Bank Collections Manager salary in India which ranges between ₹3.2 Lakhs to ₹9.5 Lakhs per year for employees with experience between 3 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Collections Manager at Kotak Mahindra Bank in Ahmedabad?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Collections Managers in Ahmedabad reported a notice period of 3 Months.This is based on 8 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Collections Manager Salaries in Ahmedabad

Kotak Mahindra Bank Collections Manager salary in Ahmedabad ranges between ₹3.2 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.