Union Bank of India Collections Executive Salaries by 5 Employees (Updated 2024)

0 - 1 year exp.

₹2 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

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)	₹2.1 L/yr - ₹3.5 L/yr
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BFSI, Investments & Trading Collections Executive Salary Fresher (AmbitionBox Estimate)	₹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
ICICI Bank Collections Executive Salary 0 - 6 years exp. (269 salaries)	₹1.2 L/yr - ₹4.5 L/yr 7% less
HDFC Bank Collections Executive Salary 0 - 8 years exp. (268 salaries)	₹1.2 L/yr - ₹4.7 L/yr At par
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Axis Bank Collections Executive Salary 0 - 6 years exp. (97 salaries)	₹1.3 L/yr - ₹4.1 L/yr 6% less
Bank of Baroda Collections Executive Salary 3 - 10 years exp. (7 salaries)	₹1.9 L/yr - ₹2.6 L/yr 25% less
Kotak Mahindra Bank Collections Executive Salary 0 - 6 years exp. (166 salaries)	₹1.2 L/yr - ₹3.7 L/yr 1% more
IndusInd Bank Collections Executive Salary 0 - 7 years exp. (148 salaries)	₹1.2 L/yr - ₹4.5 L/yr 7% less
Yes Bank Collections Executive Salary 0 - 6 years exp. (23 salaries)	₹1.2 L/yr - ₹3.7 L/yr 3% less
IDFC FIRST Bank Collections Executive Salary 0 - 8 years exp. (180 salaries)	₹1.2 L/yr - ₹4.5 L/yr 4% more
Bandhan Bank Collections Executive Salary 0 - 8 years exp. (41 salaries)	₹1.5 L/yr - ₹5 L/yr 15% more
Barclays Collections Executive Salary 1 - 5 years exp. (7 salaries)	₹5.8 L/yr - ₹6.5 L/yr 132% more
Standard Chartered Collections Executive Salary 1 - 4 years exp. (5 salaries)	₹2 L/yr - ₹3.8 L/yr 12% more
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IDBI Bank Collections Executive Salary 2 - 4 years exp. (4 salaries)	₹2.4 L/yr - ₹3.5 L/yr 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.

Experience wise Union Bank of India Collections Executive salaries

Last Updated: 26 Nov 2024

Experience	Avg Annual Salary
Fresher (4 salaries)	₹2 L/yr - ₹3.5 L/yr
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1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹3.9 L/yr

Salary related reviews for Union Bank of India

Rated by 1 employees for salary & benefits

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.

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.

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.

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.

Manager in Hyderabad / Secunderabad

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.

Branch Head in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 07 May 2023

5.0

for Salary and Benefits

Likes

Since it is a government bank, job security and salary is very handful.

Dislikes

Work life balance is very as they will not give you home posting it nearby posting and when you will away higher authority will force you unilaterally without listening anything

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Union Bank of India Collections Executive Salary FAQs

What is the salary of Collections Executive at Union Bank of India?

Collections Executive salary at Union Bank of India in India ranges between ₹2.0 Lakhs to ₹3.5 Lakhs for less than 1 year of experience. According to our estimates it is 1% more than the average Collections Executive Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Union Bank of India India.

How does the salary of a Collections Executive at Union Bank of India India compare with the average salary range for this job?

The average salary of a Collections Executive at Union Bank of India is 1% more than the average salary of a Collections Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than Union Bank of India to a Collections Executive in India?

Barclays Collections Executive Salary - ₹5.8 Lakhs to ₹6.5 Lakhs per year
Bandhan Bank Collections Executive Salary - ₹1.5 Lakhs to ₹5.0 Lakhs per year
IDBI Bank Collections Executive Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year
Standard Chartered Collections Executive Salary - ₹2.0 Lakhs to ₹3.8 Lakhs per year
IDFC FIRST Bank Collections Executive Salary - ₹1.2 Lakhs to ₹4.5 Lakhs per year

What is the salary of a Collections Executive in companies similar to Union Bank of India in India?

Kotak Mahindra Bank Collections Executive Salary - ₹1.2 Lakhs to ₹3.7 Lakhs per year
HDFC Bank Collections Executive Salary - ₹1.2 Lakhs to ₹4.7 Lakhs per year
Yes Bank Collections Executive Salary - ₹1.2 Lakhs to ₹3.7 Lakhs per year
Axis Bank Collections Executive Salary - ₹1.3 Lakhs to ₹4.1 Lakhs per year
IndusInd Bank Collections Executive Salary - ₹1.2 Lakhs to ₹4.5 Lakhs per year

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 ranges between ₹18,466 per month to ₹20,152 per month in India. The take-home salary calculation is based on the average Union Bank of India Collections Executive salary in India which ranges between ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?

What is the notice period for Collections Executive at Union Bank of India?

According to AmbitionBox, 67% of the Union Bank of India Collections Executives reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 6 responses on AmbitionBox in last 2 years.

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Union Bank of India Collections Executive Salaries

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