Kotak Mahindra Prime Surat Collections Manager Salaries by 10+ Employees

3 - 7 years exp.

₹3.8 Lakhs - ₹8.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

12% less than the average Collections Manager Salary in NBFC Companies for 3 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 3 - 6 years exp. (3 salaries)	₹3.8 L/yr - ₹5.6 L/yr
Finance & Accounting Collections Manager Salary 3 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.6 L/yr
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Risk Management & Compliance Collections Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.7 L/yr

Last Updated: 6 Aug 2024

Companies similar to Kotak Mahindra Prime for Collections Manager in Surat

Kotak Mahindra Prime Collections Manager Salary

3 - 7 years exp. (11 salaries)

₹3.8 L/yr - ₹8.3 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Collections Manager Salary 1 - 9 years exp. (31 salaries)	₹2.9 L/yr - ₹10.6 L/yr 22% more
Tata Capital Collections Manager Salary 4 - 11 years exp. (12 salaries)	₹3.6 L/yr - ₹9.3 L/yr 16% more	15 job openings
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IndusInd Bank Collections Manager Salary 4 - 14 years exp. (9 salaries)	₹2 L/yr - ₹6.5 L/yr 12% more	27 job openings
ICICI Bank Collections Manager Salary 3 - 9 years exp. (8 salaries)	₹4 L/yr - ₹10.6 L/yr 48% more
Dhani Loans and Services Collections Manager Salary 3 - 8 years exp. (6 salaries)	₹2.3 L/yr - ₹4.4 L/yr 30% less

Collections Manager salary at Kotak Mahindra Prime ranges between ₹3.8 Lakhs to ₹8.3 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindra Prime.

Experience wise Kotak Mahindra Prime Collections Manager salaries in Surat

Last Updated: 6 Aug 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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5 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
6 years (5 salaries)	₹4 L/yr - ₹8.3 L/yr
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

Similar Designation salaries in Kotak Mahindra Prime

Relationship Manager Salary

(6 salaries)

₹2.3 L/yr - ₹4.35 L/yr

Salary related reviews for Kotak Mahindra Prime

3.7

Rated by 3 employees for salary & benefits

Deputy Manager in Ajmer

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.

Salary - Poor

+2 more

Deputy Manager in Goregaon

Other Department

3.0

• posted on 24 Jan 2021

2.0

for Salary and Benefits

Likes

Great company culture. No pay cuts even in pandemic times. Overall great company to work. But the growth prospects is very slow. Yearly appraisals are below expectations.

Job security - Excellent

+2 more

Dislikes

Mid management involved in politics and favourism based on religion.

Salary - Poor

+2 more

Relationship Manager in Nagpur

Finance Department

5.0

• posted on 24 Jan 2020

4.0

for Salary and Benefits

Likes

... and the culture of the company is excellent, teammates and Superiors are very supportive, need to chnge salary structure, appraisal ratings are too good, learning policies are advanced, work environment is excellent, excellent company for work satisfaction and stability,

Salary - Good

+6 more

Dislikes

Salary structure need to be change

Senior Manager in Goregaon

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.

Senior Area Sales Manager in Madurai

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

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

115 participants . poll closed

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Kotak Mahindra Prime Collections Manager Salary FAQs

What is the salary of Collections Manager at Kotak Mahindra Prime in Surat?

The average salary of a Collections Manager at Kotak Mahindra Prime in Surat typically ranges from ₹3.8 Lakhs to ₹8.3 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Collections Manager in Surat at Kotak Mahindra Prime earn more than ₹8.3 Lakhs per year, and the top 1% earn over ₹8.3 Lakhs per year. Collections Manager 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 10+ Kotak Mahindra Prime employees in India.

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

The estimated take-home salary of a Collections Manager at Kotak Mahindra Prime in Surat typically ranges from ₹38,683 to ₹39,867 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹8.3 Lakhs per year for employees with experience ranging from 3 years to 7 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 10+ 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 Manager in India?

ICICI Bank	₹4.0 Lakhs to ₹10.6 Lakhs per year
IDFC FIRST Bank	₹2.9 Lakhs to ₹10.6 Lakhs per year
Tata Capital	₹3.6 Lakhs to ₹9.3 Lakhs per year
IndusInd Bank	₹2.0 Lakhs to ₹6.5 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 Manager in companies similar to Kotak Mahindra Prime in Surat?

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

Dhani Loans and Services

₹2.3 Lakhs to ₹4.4 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 Prime in Surat?

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

Experience	Average Salary Range
3 years	₹4.1 Lakhs to ₹5.3 Lakhs per year
4 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
5 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
6 years	₹4.0 Lakhs to ₹8.3 Lakhs per year

and so on.

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Kotak Mahindra Prime Collections Manager Salaries in Surat

Kotak Mahindra Prime Collections Manager salary in Surat ranges between ₹3.8 Lakhs to ₹8.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Kotak Mahindra Prime latest salaries received from various employees of Kotak Mahindra Prime.