Kotak Mahindra Bank Deputy Collections Manager Salaries by 10+ Employees (Updated 2024)

4 - 9 years exp.

₹4.5 Lakhs - ₹6.1 Lakhs

Salary of majority employees

8% more than the average Deputy Collections Manager Salary in Banking Companies for 4 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Collections Manager Salary 4 - 9 years exp. (10 salaries)	₹4.5 L/yr - ₹6 L/yr
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Finance & Accounting Deputy Collections Manager Salary 4 - 7 years exp. (3 salaries)	₹5 L/yr - ₹5.9 L/yr

Last Updated: 3 Sep 2024

Companies similar to Kotak Mahindra Bank for Deputy Collections Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Deputy Collections Manager Salary 4 - 8 years exp. (37 salaries)	₹4 L/yr - ₹7 L/yr 9% less
ICICI Bank Deputy Collections Manager Salary 3 - 10 years exp. (9 salaries)	₹3.8 L/yr - ₹7.2 L/yr 6% more
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Axis Bank Deputy Collections Manager Salary 0 - 11 years exp. (7 salaries)	₹4.7 L/yr - ₹7.8 L/yr 9% more
IndusInd Bank Deputy Collections Manager Salary 5 - 12 years exp. (4 salaries)	₹2.9 L/yr - ₹4.9 L/yr 22% less
IDFC FIRST Bank Deputy Collections Manager Salary 2 - 9 years exp. (9 salaries)	₹4.1 L/yr - ₹9 L/yr 13% more
RBL Bank Deputy Collections Manager Salary 4 - 14 years exp. (5 salaries)	₹5.2 L/yr - ₹6 L/yr 4% less
Ujjivan Small Finance Bank Deputy Collections Manager Salary 6 - 8 years exp. (3 salaries)	₹4 L/yr - ₹5.5 L/yr 23% less

Deputy Collections Manager salary at Kotak Mahindra Bank ranges between ₹4.5 Lakhs to ₹6.1 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 15 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Deputy Collections Manager salaries

Last Updated: 3 Sep 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
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6 years (4 salaries)	₹4.9 L/yr - ₹10.2 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
8 years (5 salaries)	₹4.5 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Area Collection Manager Salary

(76 salaries)

₹4.5 L/yr - ₹16.25 L/yr

Collections Manager Salary

(293 salaries)

₹1.9 L/yr - ₹9.83 L/yr

Branch Collection Manager Salary

(3 salaries)

₹5.3 L/yr - ₹10 L/yr

Territory Collection Manager Salary

(6 salaries)

₹3.9 L/yr - ₹6.85 L/yr

Zonal Collection Manager Salary

(4 salaries)

₹17 L/yr - ₹36 L/yr

Regional Collection Manager Salary

(9 salaries)

₹14 L/yr - ₹26 L/yr

Senior Area Collection Manager Salary

(AmbitionBox Estimate)

₹9.3 L/yr - ₹11.8 L/yr

Senior Collection Officer Salary

(3 salaries)

₹2.4 L/yr - ₹2.5 L/yr

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8 L/yr

Collection Officer Salary

(53 salaries)

₹1.6 L/yr - ₹4.05 L/yr

Salary related reviews for Kotak Mahindra Bank

4.4

Rated by 3 employees for salary & benefits

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.

Deputy Manager in Thane

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Nov 2023

2.0

for Salary and Benefits

Likes

Work profile and process is good.

Dislikes

Bad management they hire TL who ask money from their employees and do not return. no work-life balance less salary package only fancy designations are given which does not have a value in the market if u go out.No job security HR listens more to management then employees do not support after you leave the job or be on the job.They do not invest in their system updates but only on themselves.

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What people are saying about Kotak Mahindra Bank

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an associate vice president

Hi Bowls, Kindly share reference in Banking and NBFC for regional/zonal roles in sales in Home loans and mortgages vertical.

Regional/Zonal toles

Delhi NCR,Noida&Gurgaon

Mortgages Sales

3 participants . expiring in 1w

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Kotak Mahindra Bank Deputy Collections Manager Salary FAQs

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

Deputy Collections Manager salary at Kotak Mahindra Bank in India ranges between ₹4.5 Lakhs to ₹6.1 Lakhs for experience between 4 years to 9 years. According to our estimates it is 8% more than the average Deputy Collections Manager Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Deputy Collections Manager at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Deputy Collections Manager at Kotak Mahindra Bank is 8% more than the average salary of a Deputy Collections Manager in India. To know exact salary insights, login to view.

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

IDFC FIRST Bank Deputy Collections Manager Salary - ₹4.1 Lakhs to ₹9.0 Lakhs per year
Axis Bank Deputy Collections Manager Salary - ₹4.7 Lakhs to ₹7.8 Lakhs per year
ICICI Bank Deputy Collections Manager Salary - ₹3.8 Lakhs to ₹7.2 Lakhs per year

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

RBL Bank Deputy Collections Manager Salary - ₹5.2 Lakhs to ₹6.0 Lakhs per year
HDFC Bank Deputy Collections Manager Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
IndusInd Bank Deputy Collections Manager Salary - ₹2.9 Lakhs to ₹4.9 Lakhs per year
Ujjivan Small Finance Bank Deputy Collections Manager Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year

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

The estimated take-home salary of a Deputy Collections Manager at Kotak Mahindra Bank ranges between ₹42,722 per month to ₹43,847 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Deputy Collections Manager salary in India which ranges between ₹4.5 Lakhs to ₹6.1 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 81% of the Kotak Mahindra Bank Deputy Collections Managers reported a notice period of 3 Months, 19% reported a notice period of 1 Month.This is based on 21 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Deputy Collections Manager Salaries

Kotak Mahindra Bank Deputy Collections Manager salary in India ranges between ₹4.5 Lakhs to ₹6.1 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.