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Kotak Mahindra Bank

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3.8

based on 16.3k Reviews

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Kotak Mahindra Bank Collections Manager salaries in Vijayawada

Annual salary range
3 - 4 years exp.
₹3.2 Lakhs - ₹7.4 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 3 - 4 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Kotak Mahindra Bank for Collections Manager in Vijayawada

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Kotak Mahindra Bank Collections Manager Salary

3 - 4 years exp. (3 salaries)
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₹3.2 L/yr - ₹7.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IIFL Finance Collections Manager Salary

6 - 12 years exp. (7 salaries)
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₹4 L/yr - ₹5.5 L/yr

arrow icon 14% less
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Sammaan Capital Limited Collections Manager Salary

9 - 15 years exp. (4 salaries)
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₹4.7 L/yr - ₹6.1 L/yr

arrow icon 4% more
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Paytm Collections Manager Salary

3 - 5 years exp. (4 salaries)
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₹4.3 L/yr - ₹4.8 L/yr

arrow icon 15% less
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SMFG India Credit Collections Manager Salary

4 - 7 years exp. (4 salaries)
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₹3.1 L/yr - ₹5 L/yr

arrow icon 19% less
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Cholamandalam Investment & Finance Collections Manager Salary

4 - 6 years exp. (3 salaries)
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₹2 L/yr - ₹4 L/yr

arrow icon 29% less
 1 job opening
Collections Manager salary at Kotak Mahindra Bank ranges between ₹3.2 Lakhs to ₹7.4 Lakhs per year for employees with experience between 3 years to 4 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 Vijayawada

1y ago
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4 years exp.
1y ago
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3 years exp.
1y ago
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4 years exp.

Experience wise Kotak Mahindra Bank Collections Manager salaries in Vijayawada

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹6.7 L/yr
4 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹7.3 L/yr
Kotak Mahindra Bank Collections Manager Salary and Career Growth

From

To

Collections Manager

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3 - 15 years exp.

Area Collection Manager

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6 - 19 years exp.

From

To

Collections Manager

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3 - 15 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

Senior Manager Credit Salary
(9 salaries)
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₹9.25 L/yr - ₹12.4 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

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 .

read more
  • 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.

read more
  • 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.

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

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.

read more
  • 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.

read more
  • Skill development - Poor
    • +1 more
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2w
fathersahaab
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New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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Kotak Mahindra Bank Collections Manager salary in Vijayawada ranges between ₹3.2 Lakhs to ₹7.4 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.