Union Bank of India Collection Officer Salaries by 3 Employees (Updated 2025)

2 - 4 years exp.

₹2.3 Lakhs - ₹2.4 Lakhs

Low Confidence

Salary of majority employees

14% less than the average Collection Officer Salary in Banking Companies for 2 - 4 years of experience

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Last Updated: 13 Feb 2025

Companies similar to Union Bank of India for Collection Officer

Company name	Avg Annual Salary	Open Jobs
State Bank of India Collection Officer Salary 5 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹4 L/yr 59% more
ICICI Bank Collection Officer Salary 2 - 7 years exp. (60 salaries)	₹1.2 L/yr - ₹3.6 L/yr 7% more
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HDFC Bank Collection Officer Salary 0 - 8 years exp. (362 salaries)	₹1.2 L/yr - ₹4 L/yr 10% more
Axis Bank Collection Officer Salary 1 - 10 years exp. (28 salaries)	₹1.2 L/yr - ₹3.8 L/yr 10% more
Bank of Baroda Collection Officer Salary 2 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹3.6 L/yr 31% more
Kotak Mahindra Bank Collection Officer Salary 2 - 8 years exp. (57 salaries)	₹1.6 L/yr - ₹4.8 L/yr 18% more
IndusInd Bank Collection Officer Salary 0 - 10 years exp. (101 salaries)	₹1.4 L/yr - ₹4.5 L/yr 18% more
Bandhan Bank Collection Officer Salary 0 - 8 years exp. (114 salaries)	₹1.2 L/yr - ₹4.5 L/yr 20% more
IDFC FIRST Bank Collection Officer Salary 1 - 9 years exp. (97 salaries)	₹1.8 L/yr - ₹4 L/yr 18% more
Standard Chartered Collection Officer Salary 2 - 7 years exp. (12 salaries)	₹2.6 L/yr - ₹4.2 L/yr 29% more
Barclays Collection Officer Salary 5 - 8 years exp. (3 salaries)	₹5.4 L/yr - ₹6.9 L/yr 155% more
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Collection Officer salary at Union Bank of India ranges between ₹2.3 Lakhs to ₹2.4 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Union Bank of India.

Experience wise Union Bank of India Collection Officer salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr

Similar Designation salaries in Union Bank of India

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(AmbitionBox Estimate)

₹5.8 L/yr - ₹7.4 L/yr

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₹5.8 L/yr - ₹7.4 L/yr

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Sales Manager Salary

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Salary related reviews for Union Bank of India

Branch Manager in Rajahmundry

BFSI, Investments & Trading Department

3.0

• posted on 07 Jan 2019

3.0

for Salary and Benefits

Likes

The company allows you fast new challenges every time and you need to completely learn accordingly. We will have good respect in the society.

Job security - Excellent

+1 more

Dislikes

Growth is fast but the pressure increase multiple times and salary wil be increased very slow. Most of the things are to be managed by one person only and no one will be supporting them . Though few are experienced and highly skilled ,they won't have time to train subordinates .

Work satisfaction - Poor

+1 more

Chief Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 23 Jan 2025

3.0

for Salary and Benefits

Likes

...ork at various departments and locations. Good staff training facility is there. Salary is good.

Skill development - Good

+3 more

Dislikes

Promotions are limited and salary is not as per Market. Beyond few years we can't stay in one zone which hampers education of kids

Assistant Manager in Bangalore / Bengaluru

Full Time

Other Department

1.0

• posted on 14 Nov 2024

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

...or each others, no work life balance, very old system, very old infra structure. Salary is less compared to corporate, manager and others will behave like there the owners of the bank.

Salary - Poor

+5 more

Manager in Tiruchirappalli

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 11 Jun 2024

4.0

for Salary and Benefits

Likes

Working with lots of coworkers. Sufficient salary.

Salary - Good

+1 more

Dislikes

Time taken by the respective department to respond to the field functionary’s concern. No real solutions arrived through discussion. Keeping important things pending.

Skill development - Poor

+2 more

Assistant Manager in Guwahati

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 01 Jul 2024

3.0

for Salary and Benefits

Likes

The Pay is Okay but not at par with other Government jobs. Bank Management and Bank Unions control the Banks Operations. Chaploosis are always favoured by Management and Unions. So becoming a Chaploos is the main skill needed to survive here.

Dislikes

Bank Management pressurizes staff to achieve unrealistic targets. Officers are humiliated in regular Video Conferences. Many Officers have committed suicides in the last FY. Officers can be transferred anywhere in India and Management doesn't care about staffs families.

Work satisfaction - Bad

+2 more

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Union Bank of India Collection Officer Salary FAQs

What is the notice period for Collection Officer at Union Bank of India?

According to AmbitionBox, 67% of the Union Bank of India Collection Officers reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Union Bank of India Collection Officer Salaries

Union Bank of India Collection Officer salary in India ranges between ₹2.3 Lakhs to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Union Bank of India latest salaries received from various employees of Union Bank of India.