Kotak Mahindra Bank Pune Collections Manager Salaries by 20+ Employees (Updated 2025)

3 - 13 years exp.

₹1.8 Lakh - ₹9.8 Lakhs

Salary of majority employees

8% more than the average Collections Manager Salary in Banking Companies for 3 - 13 years of experience

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Salaries in different departments

Customer Success, Service & Operations Collections Manager Salary 4 - 12 years exp. (5 salaries)	₹3.1 L/yr - ₹8.3 L/yr
BFSI, Investments & Trading Collections Manager Salary 3 - 13 years exp. (4 salaries)	₹2.5 L/yr - ₹8.5 L/yr
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Finance & Accounting Collections Manager Salary 3 - 8 years exp. (4 salaries)	₹2.5 L/yr - ₹8.3 L/yr
Risk Management & Compliance Collections Manager Salary 6 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹9 L/yr

Last Updated: 20 Feb 2025

Companies similar to Kotak Mahindra Bank for Collections Manager in Pune

Kotak Mahindra Bank Collections Manager Salary

3 - 13 years exp. (21 salaries)

₹1.8 L/yr - ₹9.8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collections Manager Salary 1 - 17 years exp. (68 salaries)	₹2.3 L/yr - ₹10.2 L/yr 4% more	6 job openings
IDFC FIRST Bank Collections Manager Salary 1 - 11 years exp. (28 salaries)	₹4.5 L/yr - ₹9.5 L/yr 5% more
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IndusInd Bank Collections Manager Salary 3 - 9 years exp. (16 salaries)	₹4.5 L/yr - ₹8.5 L/yr 5% more	22 job openings
ICICI Bank Collections Manager Salary 3 - 11 years exp. (15 salaries)	₹4.2 L/yr - ₹10 L/yr 15% more
Yes Bank Collections Manager Salary 4 - 13 years exp. (6 salaries)	₹5 L/yr - ₹8 L/yr 19% more
Axis Bank Collections Manager Salary 4 - 11 years exp. (5 salaries)	₹4.3 L/yr - ₹9.2 L/yr 19% more
Federal Bank Collections Manager Salary 4 - 7 years exp. (4 salaries)	₹5.7 L/yr - ₹8 L/yr At par

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 13 years. Salary estimates are based on 21 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Collections Manager salaries in Pune

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
3 years (3 salaries)	₹2.5 L/yr - ₹8.6 L/yr
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
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5 years (3 salaries)	₹1.8 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
9 years (4 salaries)	₹5.2 L/yr - ₹8.5 L/yr
10 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
11 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
12 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
13 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.8 L/yr

View all

From

Collections Manager

3 - 14 years exp.

Area Collection Manager

6 - 19 years exp.

From

Collections Manager

3 - 14 years exp.

Head Location Recovery

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

Relationship Manager Salary

(218 salaries)

₹1.5 L/yr - ₹9.75 L/yr

Branch Manager Salary

(55 salaries)

₹7 L/yr - ₹21 L/yr

Area Collection Manager Salary

(8 salaries)

₹8.5 L/yr - ₹12.5 L/yr

Recovery Manager Salary

(4 salaries)

₹4.2 L/yr - ₹7.7 L/yr

Collection Officer Salary

(4 salaries)

₹2.5 L/yr - ₹3.1 L/yr

Collection Associate Salary

(3 salaries)

₹2.4 L/yr - ₹3.55 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

3.2

Rated by 4 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 .

Salary - Excellent

+6 more

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.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

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.

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.

Work satisfaction - Bad

+2 more

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.

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.

Salary - Poor

+4 more

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.

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.

Skill development - Poor

+1 more

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank

I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.

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Kotak Mahindra Bank Collections Manager Salary FAQs

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

The average salary of a Collections Manager at Kotak Mahindra Bank in Pune typically ranges from ₹1.8 Lakhs to ₹9.8 Lakhs per year, depending on experience (from 3 years to 13 years).

The top 10% of Collections Manager in Pune at Kotak Mahindra Bank earn more than ₹8.7 Lakhs per year, and the top 1% earn over ₹9.8 Lakhs per year. Collections Manager 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 20+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Collections Manager at Kotak Mahindra Bank in Pune typically ranges from ₹48,374 to ₹49,518 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹9.8 Lakhs per year for employees with experience ranging from 3 years to 13 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 20+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Collections Manager at Kotak Mahindra Bank in Pune?

To be a Collections Manager at Kotak Mahindra Bank in Pune, the key skills required include:

- Collection Management
- Collections
- Recovery
- Collection Management
- Collections

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Mahindra Bank for Collections Manager in India?

Yes Bank	₹5.0 Lakhs to ₹8.0 Lakhs per year
Axis Bank	₹4.3 Lakhs to ₹9.2 Lakhs per year
ICICI Bank	₹4.2 Lakhs to ₹10.0 Lakhs per year
IDFC FIRST Bank	₹4.5 Lakhs to ₹9.5 Lakhs per year
IndusInd Bank	₹4.5 Lakhs to ₹8.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.

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

The salary of a Collections Manager at companies similar to Kotak Mahindra Bank in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹2.3 Lakhs to ₹10.2 Lakhs per year
Federal Bank	₹5.7 Lakhs to ₹8.0 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 Manager at Kotak Mahindra Bank in Pune?

The salary growth for a Collections Manager at Kotak Mahindra Bank in Pune depends on factors such as experience, performance, and promotions. On average, a Collections Manager in Pune can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
3 years	₹2.5 Lakhs to ₹8.6 Lakhs per year
4 years	₹4.6 Lakhs to ₹5.8 Lakhs per year
5 years	₹1.8 Lakhs to ₹5.5 Lakhs per year
6 years	₹5.1 Lakhs to ₹6.5 Lakhs per year

and so on.

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Kotak Mahindra Bank Collections Manager Salaries in Pune

Kotak Mahindra Bank Collections Manager salary in Pune ranges between ₹1.8 Lakh to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.