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Kotak Mahindra Bank Collections Manager salaries in Jabalpur

Annual salary range
5 - 8 years exp.
₹4 Lakhs - ₹7.7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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6% more than the average Collections Manager Salary in Banking Companies for 5 - 8 years of experience

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Last Updated: 13 Mar 2023

Collections Manager salary at Kotak Mahindra Bank ranges between ₹4 Lakhs to ₹7.7 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Collections Manager in Jabalpur

1y ago
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6 years exp.
1y ago
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5 years exp.
1y ago
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8 years exp.

Experience wise Kotak Mahindra Bank Collections Manager salaries in Jabalpur

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹4 L/yr - ₹8.6 L/yr
6 years (AmbitionBox Estimate)

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₹4 L/yr - ₹9.2 L/yr
7 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.2 L/yr
8 years (AmbitionBox Estimate)

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₹5 L/yr - ₹10.2 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

4.0

Rated by 1 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 .

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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.

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Dislikes

Salary, promortion - these are the worst over here.

Full Time

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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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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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Full Time

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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.

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Full Time

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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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Kotak Mahindra Bank Collections Manager Salary FAQs

What is the notice period for Collections Manager at Kotak Mahindra Bank in Jabalpur?
According to AmbitionBox, 100% of the Kotak Mahindra Bank Collections Managers in Jabalpur reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Collections Manager salary in Jabalpur ranges between ₹4 Lakhs to ₹7.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.