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Kotak Mahindra Prime Collections Executive salaries in Indore

Annual salary range
1 - 5 years exp.
₹2.2 Lakhs - ₹3.1 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Collections Executive Salary in NBFC Companies for 1 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Collections Executive Salary
1 - 5 years exp. (4 salaries)
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₹2.2 L/yr - ₹2.9 L/yr

BFSI, Investments & Trading
Collections Executive Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹3.1 L/yr

Last Updated: 23 May 2024

Companies similar to Kotak Mahindra Prime for Collections Executive in Indore

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Kotak Mahindra Prime Collections Executive Salary

1 - 5 years exp. (6 salaries)

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₹2.2 L/yr - ₹3.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1.6 L/yr - ₹2 L/yr

arrow icon 22% less
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Hero FinCorp Collections Executive Salary

2 - 6 years exp. (4 salaries)

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₹2 L/yr - ₹3.4 L/yr

arrow icon 19% more
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₹2 L/yr - ₹2.8 L/yr

arrow icon 4% more
1 job opening
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ICICI Bank Collections Executive Salary

0 - 7 years exp. (6 salaries)

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₹1.6 L/yr - ₹2.9 L/yr

arrow icon 8% less
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TVS Credit Collections Executive Salary

1 - 6 years exp. (6 salaries)

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₹2 L/yr - ₹2.8 L/yr

arrow icon 5% less
Collections Executive salary at Kotak Mahindra Prime ranges between ₹2.2 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Prime.

Latest annual salaries shared by Kotak Mahindra Prime Collections Executive in Indore

10mo ago
₹2.5 Lakhs
5 years exp.
1y ago
₹2.5 Lakhs
4 years exp.

Experience wise Kotak Mahindra Prime Collections Executive salaries in Indore

Last Updated: 23 May 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
2 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.9 L/yr
3 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr
5 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for Kotak Mahindra Prime

Finance & Accounting Department

5.0
  •  posted on 21 Oct 2020

1.0
 for  Salary and Benefits

Likes

Good thing is that they gave salary for the lockdown time

Dislikes

Bad thing is heavy pressure and workload after Covid situation....also no sort of financial appraisal as per the pressure exerted Even no Transport allowance also

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 26 Jul 2024

2.0
 for  Salary and Benefits

Likes

Job stability, transfers, open door policy.

  • Job security - Excellent

Dislikes

No Promotion policy is defined or followed. No considerable salary hike. You can be sitting at the same salary forever if you don’t switch. Office politics cannot even be described in words. No bonus.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 09 May 2023

3.0
 for  Salary and Benefits

Likes

There is an open door policy,we can anytime directly interact with management.

  • Job security - Good
  • +3 more

Dislikes

The only point i would like to highlight is the company should think about salary structure for employee is very low compared to other banking industry. As per the grade the salary doesn't Match.

read more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 30 Dec 2022

3.0
 for  Salary and Benefits

Likes

Work culture, individual development, ownership, Job security hi level management recognition and appreciation is good.

  • Skill development - Good
  • +5 more

Dislikes

Pay level and incentives not match with market but if our performance is good we get all things

read more

Full Time

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BFSI, Investments & Trading Department

3.0
  •  posted on 06 Jan 2022

2.0
 for  Salary and Benefits

Likes

About job security and 5 days working but last Saturday Sunday is working Overall good company

  • Job security - Excellent
  • +1 more

Dislikes

Not pay as per the working and also not provide any incentive There is lots of politics and also not good appraisal Not provide any budget for performing team for outing and other incentive

read more
  • Salary - Poor
  • +2 more
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Kotak Mahindra Prime Collections Executive Salary FAQs

What is the salary of Collections Executive at Kotak Mahindra Prime in Indore?
The average salary of a Collections Executive at Kotak Mahindra Prime in Indore typically ranges from ₹2.2 Lakhs to ₹3.1 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Collections Executive in Indore at Kotak Mahindra Prime earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Collections Executive Salaries at Kotak Mahindra Prime 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 6 Kotak Mahindra Prime employees in India.
What is the estimated take home salary of a Collections Executive at Kotak Mahindra Prime in Indore?
The estimated take-home salary of a Collections Executive at Kotak Mahindra Prime in Indore typically ranges from ₹17,427 to ₹19,128 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from 1 year to 5 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 6 salaries received from various employees of Kotak Mahindra Prime. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Kotak Mahindra Prime for Collections Executive in India?
Hero FinCorp ₹2.0 Lakhs to ₹3.4 Lakhs per year
Jana Small Finance Bank ₹2.0 Lakhs to ₹2.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Prime, depending on the role and experience level.
What is the salary of a Collections Executive in companies similar to Kotak Mahindra Prime in Indore?
The salary of a Collections Executive at companies similar to Kotak Mahindra Prime in Indore varies, depending on the role, experience, and company size. Here are the typical salary ranges:

TVS Credit ₹2.0 Lakhs to ₹2.8 Lakhs per year
ICICI Bank ₹1.6 Lakhs to ₹2.9 Lakhs per year
Hinduja Leyland Finance ₹1.6 Lakhs to ₹2.0 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 Executive at Kotak Mahindra Prime in Indore?
The salary growth for a Collections Executive at Kotak Mahindra Prime in Indore depends on factors such as experience, performance, and promotions. On average, a Collections Executive in Indore can expect the following growth trajectory at Kotak Mahindra Prime:

Experience Average Salary Range
1 year ₹2.2 Lakhs to ₹2.8 Lakhs per year
2 years ₹2.2 Lakhs to ₹2.9 Lakhs per year
3 years ₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years ₹2.3 Lakhs to ₹2.9 Lakhs per year
and so on.

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Kotak Mahindra Prime Collections Executive salary in Indore ranges between ₹2.2 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Kotak Mahindra Prime latest salaries received from various employees of Kotak Mahindra Prime.