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Union Bank of India Collections Executive salaries in India

Annual salary range
0 - 1 year exp.
₹2 Lakhs - ₹3.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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At par with the average Collections Executive Salary in Banking Companies for 0 - 1 year of experience

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Salaries in different departments

Finance & Accounting
Collections Executive Salary
0 - 1 year exp. (3 salaries)
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₹2.1 L/yr - ₹3.5 L/yr

BFSI, Investments & Trading
Collections Executive Salary
Fresher (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Last Updated: 26 Nov 2024

Companies similar to Union Bank of India for Collections Executive

Company name Avg Annual Salary Open Jobs
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ICICI Bank Collections Executive Salary

1 - 6 years exp. (264 salaries)

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₹1.3 L/yr - ₹4 L/yr

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HDFC Bank Collections Executive Salary

0 - 7 years exp. (202 salaries)

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₹1.1 L/yr - ₹4.5 L/yr

arrow icon 4% more
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IDFC FIRST Bank Collections Executive Salary

0 - 7 years exp. (184 salaries)

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₹1.4 L/yr - ₹5 L/yr

arrow icon 4% more
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₹1.2 L/yr - ₹3.7 L/yr

arrow icon 1% more
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IndusInd Bank Collections Executive Salary

1 - 7 years exp. (133 salaries)

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₹1.4 L/yr - ₹4.5 L/yr

arrow icon 3% less
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Axis Bank Collections Executive Salary

1 - 6 years exp. (85 salaries)

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₹1.3 L/yr - ₹3.8 L/yr

arrow icon 5% less
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Bandhan Bank Collections Executive Salary

0 - 8 years exp. (49 salaries)

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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 4% more
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Bank of Baroda Collections Executive Salary

3 - 10 years exp. (8 salaries)

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₹2 L/yr - ₹3.1 L/yr

arrow icon 15% less
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Barclays Collections Executive Salary

1 - 5 years exp. (7 salaries)

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₹5.8 L/yr - ₹6.5 L/yr

arrow icon 132% more
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₹2 L/yr - ₹3.8 L/yr

arrow icon 12% more
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IDBI Bank Collections Executive Salary

2 - 4 years exp. (4 salaries)

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₹2.4 L/yr - ₹3.5 L/yr

arrow icon 12% more
Collections Executive salary at Union Bank of India ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 5 latest salaries received from various employees of Union Bank of India.

Latest annual salaries shared by Union Bank of India Collections Executive

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1 month exp.
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Experience wise Union Bank of India Collections Executive salaries

Last Updated: 26 Nov 2024

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹2 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)

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₹2.1 L/yr - ₹3.9 L/yr

Salary related reviews for Union Bank of India

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Rated by 1 employees for salary & benefits

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.

read more
  • 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

read more

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.

read more
  • Salary - Poor
  • +5 more

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.

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  • Skill development - Poor
  • +2 more

Full Time

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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.

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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.

read more
  • Work satisfaction - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 04 Jul 2023

3.0
 for  Salary and Benefits

Likes

Salary and allowances will be on time. Easy to get loans on self name.

Dislikes

These days banking jobs became much stressful and hectic with no personal life. Young generation please don't come banking side anymore.

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  • Promotions - Poor
  • +3 more
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Union Bank of India Collections Executive Salary FAQs

What is the salary of Collections Executive at Union Bank of India ?
The average salary of a Collections Executive at Union Bank of India in India typically ranges from ₹2.0 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Collections Executive at Union Bank of India earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Collections Executive Salaries at Union Bank of India 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 5 Union Bank of India employees in India.
What is the estimated take home salary of a Collections Executive at Union Bank of India in India?
The estimated take-home salary of a Collections Executive at Union Bank of India in India typically ranges from ₹18,466 to ₹20,152 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 1 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Union Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Union Bank of India for Collections Executive in India?
Barclays ₹5.8 Lakhs to ₹6.5 Lakhs per year
IDBI Bank ₹2.4 Lakhs to ₹3.5 Lakhs per year
Standard Chartered ₹2.0 Lakhs to ₹3.8 Lakhs per year
HDFC Bank ₹1.1 Lakhs to ₹4.5 Lakhs per year
Bandhan Bank ₹1.5 Lakhs to ₹3.5 Lakhs per year

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

IDFC FIRST Bank ₹1.4 Lakhs to ₹5.0 Lakhs per year
Kotak Mahindra Bank ₹1.2 Lakhs to ₹3.7 Lakhs per year
IndusInd Bank ₹1.4 Lakhs to ₹4.5 Lakhs per year
Axis Bank ₹1.3 Lakhs to ₹3.8 Lakhs per year
ICICI Bank ₹1.3 Lakhs to ₹4.0 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 Union Bank of India in India?
The salary growth for a Collections Executive at Union Bank of India depends on factors such as experience, performance, and promotions. On average, a Collections Executive can expect the following growth trajectory at Union Bank of India:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹3.5 Lakhs per year
1 year ₹2.1 Lakhs to ₹3.9 Lakhs per year
and so on.

Tell us how to improve this page.

Union Bank of India Collections Executive salary in India ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Union Bank of India latest salaries received from various employees of Union Bank of India.