Kotak Mahindra Bank Sr. Collection Manager Salaries by 4 Employees (Updated 2025)

12 - 18 years exp.

₹9.1 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

30% more than the average Sr. Collection Manager Salary in Banking Companies for 12 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sr. Collection Manager Salary 14 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr
Customer Success, Service & Operations Sr. Collection Manager Salary 15 years exp. (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.3 L/yr
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Finance & Accounting Sr. Collection Manager Salary 12 years exp. (AmbitionBox Estimate)	₹8.2 L/yr - ₹10 L/yr

Last Updated: 15 Jul 2023

Companies similar to Kotak Mahindra Bank for Sr. Collection Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Sr. Collection Manager Salary 5 - 18 years exp. (13 salaries)	₹6.3 L/yr - ₹12.5 L/yr 12% less
ICICI Bank Sr. Collection Manager Salary 7 - 11 years exp. (6 salaries)	₹6.3 L/yr - ₹8.5 L/yr 33% less
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Axis Bank Sr. Collection Manager Salary 15 - 17 years exp. (3 salaries)	₹16.1 L/yr - ₹18.4 L/yr 62% more
Yes Bank Sr. Collection Manager Salary 11 - 16 years exp. (6 salaries)	₹10 L/yr - ₹12 L/yr 4% more
IDFC FIRST Bank Sr. Collection Manager Salary 3 - 9 years exp. (6 salaries)	₹8 L/yr - ₹9.2 L/yr 16% less
RBL Bank Sr. Collection Manager Salary 14 - 17 years exp. (3 salaries)	₹9 L/yr - ₹12.5 L/yr 8% more
Bandhan Bank Sr. Collection Manager Salary 11 - 22 years exp. (4 salaries)	₹10.5 L/yr - ₹14.1 L/yr 18% more
Jana Small Finance Bank Sr. Collection Manager Salary 3 - 11 years exp. (4 salaries)	₹2.1 L/yr - ₹4.9 L/yr 69% less
Paytm Payments Bank Sr. Collection Manager Salary 7 - 9 years exp. (3 salaries)	₹9.8 L/yr - ₹10.2 L/yr 3% less

Sr. Collection Manager salary at Kotak Mahindra Bank ranges between ₹9.1 Lakhs to ₹12 Lakhs per year for employees with experience between 12 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Sr. Collection Manager salaries

Last Updated: 15 Jul 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹9.1 L/yr
13 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
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14 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹17.7 L/yr
15+ years (AmbitionBox Estimate)	₹10.3 L/yr - ₹12 L/yr

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Salary related reviews for Kotak Mahindra Bank

1.0

Rated by 1 employees for salary & benefits

Banking Officer in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 26 May 2023

3.0

for Salary and Benefits

Likes

Nothing

Dislikes

There is no change in salary even after being promoted… work gets increased but pay is the same… we have to do operations and sales both simultaneously but still no change in salary… it seems as if no work is there…everything is auditable and job security is null but we give daily productivity in that time only still on the basis of ratings salary is dealt… I have tried my best in sales and ops but my Bm gave me 2 star and everything went in vain… then what is the meaning of performing best… And 1st they will hire you and after they will treat you like robot..they don't pay any salary any pramotions...even they don't give you any single holiday..

Telecaller in Karolbagh

Full Time

Credit card department Department

3.0

• posted on 12 Jan 2021

5.0

for Salary and Benefits

Likes

In this pandemic situation Kotak is very much helpfull to employees, Kotak provides Salary on time without any deduction although work pressure is much more higher then earlier days but for job security it is good..

Dislikes

As it is pure sales in credit card section. If your target is not met then seniors like team leader unit head and SM will make you sit even after your working hours ..... Like your timing is from 9:30-6:30 they will extend that to 7:30 or 8 . And some time senior use to talk in rough way also .

Principal Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 27 Dec 2024

2.0

for Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

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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 Sr. Collection Manager Salary FAQs

What is the salary of Sr. Collection Manager at Kotak Mahindra Bank?

Sr. Collection Manager salary at Kotak Mahindra Bank in India ranges between ₹9.1 Lakhs to ₹12.0 Lakhs for experience between 12 years to 18 years. According to our estimates it is 30% more than the average Sr. Collection Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Sr. Collection Manager at Kotak Mahindra Bank is 30% more than the average salary of a Sr. Collection Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Sr. Collection Manager in India?

Axis Bank Sr. Collection Manager Salary - ₹16.1 Lakhs to ₹18.4 Lakhs per year
Bandhan Bank Sr. Collection Manager Salary - ₹10.5 Lakhs to ₹14.1 Lakhs per year
RBL Bank Sr. Collection Manager Salary - ₹9.0 Lakhs to ₹12.5 Lakhs per year
Yes Bank Sr. Collection Manager Salary - ₹10.0 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Sr. Collection Manager in companies similar to Kotak Mahindra Bank in India?

Paytm Payments Bank Sr. Collection Manager Salary - ₹9.8 Lakhs to ₹10.2 Lakhs per year
HDFC Bank Sr. Collection Manager Salary - ₹6.3 Lakhs to ₹12.5 Lakhs per year
IDFC FIRST Bank Sr. Collection Manager Salary - ₹8.0 Lakhs to ₹9.2 Lakhs per year
ICICI Bank Sr. Collection Manager Salary - ₹6.3 Lakhs to ₹8.5 Lakhs per year
Jana Small Finance Bank Sr. Collection Manager Salary - ₹2.1 Lakhs to ₹4.9 Lakhs per year

What is the estimated take home salary of a Sr. Collection Manager at Kotak Mahindra Bank in India?

The estimated take-home salary of a Sr. Collection Manager at Kotak Mahindra Bank ranges between ₹74,652 per month to ₹76,584 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Sr. Collection Manager salary in India which ranges between ₹9.1 Lakhs to ₹12.0 Lakhs per year for employees with experience between 12 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Sr. Collection Manager at Kotak Mahindra Bank?

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

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Kotak Mahindra Bank Sr. Collection Manager Salaries

Kotak Mahindra Bank Sr. Collection Manager salary in India ranges between ₹9.1 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.