IndusInd Bank Amritsar Collections Manager Salaries by 3 Employees

8 - 13 years exp.

₹5.3 Lakhs - ₹6.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

Collections Manager Salary at IndusInd Bank ranges between ₹5.3 Lakhs to ₹6.9 Lakhs per year for employees with experience between 8 years to 13 years. Salary estimates are based on 3 latest salaries received from... Read more

6% more than the average Collections Manager Salary in Banking Companies for 8 - 13 years of experience

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What are the roles & responsibilities of a Collections Manager at IndusInd Bank?

Team Management

Lead a team of collection agents/officers
Train and develop staff to improve collection efficiency
Ensure KPIs are met
Oversee collection teams for various loan types

Strategy Development

Design and implement collection strategies
Develop collection strategies for different delinquency stages
Negotiate with customers for payment plans
Analyze account data to forecast potential risks

Compliance and Reporting

Maintain compliance with regulatory and organizational policies
Generate periodic reports on collection performance
Coordinate with legal and recovery teams for escalated cases
Ensure adherence to credit regulations

Customer Interaction

Interact with business clients professionally
Resolve disputes with customers
Manage customer interactions to improve service
Enhance service efficiency through effective communication

Read full roles & responsibilities

Last Updated: 16 Aug 2024

Companies similar to IndusInd Bank for Collections Manager in Amritsar

IndusInd Bank Collections Manager Salary

8 - 13 years exp. (3 salaries)

₹5.3 L/yr - ₹6.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Collections Manager Salary 7 - 12 years exp. (5 salaries)	₹3.3 L/yr - ₹11.3 L/yr 20% more	1 job opening
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Shriram Finance Collections Manager Salary 5 - 7 years exp. (3 salaries)	₹2.3 L/yr - ₹4.7 L/yr 38% less

Years of experience	Avg. annual salary
8 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
9 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr
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10 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.1 L/yr
11 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
12 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
13 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr

View all salaries by experience

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Salary Discussions, Hike & Promotions

a senior executive

GF salary Vs. My salary

Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!

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Salary related reviews for IndusInd Bank

1.0

Rated by 1 employees for salary & benefits

Collections Manager in Kolkata

BFSI, Investments & Trading Department

5.0

• updated on 02 Nov 2020

4.0

for Salary and Benefits

Likes

In these tough times IndusInd has supported us very diligently with no pay cuts, no job loss no lay offs till now! Above all work environment is very good.

Salary - Good

+6 more

Dislikes

There is hardly any disliking factor that I have noticed in the past 1.5-1.6 years as of now. Overall it has been a nice journey

Branch Manager in Guwahati

Full Time

Other Department

2.0

• updated on 04 Jun 2025

1.0

for Salary and Benefits

Likes

Team is good.

Work-life balance - Good

Dislikes

Supervisors daily taunts on employee's salary, premises rent, lack of appreciation on the good jobs done, daily concalls for hours hampering business hours including midday reviews 3-4 times a day, overall a toxic environment.

Salary - Bad

+5 more

Deputy Manager Grade 2 in Chennai

Full Time

Legal & Regulatory Department

3.0

• updated on 10 Feb 2025

2.0

for Salary and Benefits

Likes

Some managers are nice, Saturdays are off Flexible timings Work life balance is fine. Job security if u work really well.

Job security - Good

+2 more

Dislikes

No Salary hike. Even house help can get more hike than here promotion Skill development Managers can be annoying They will dump more work on person who works efficiently others can enjoy with no work and salary. Salary increment very poor even for the person gets amazing Performance ratings. No promotion also.

Salary - Poor

+2 more

Deputy Manager in Chennai

Full Time

Sales & Business Development Department

1.0

• updated on 28 Jan 2025

5.0

for Salary and Benefits

Likes

On time salary

Salary - Excellent

Dislikes

Please don't select this bank. they will not give proper recognition for our work.bank is good but work nature and way for work is totally bad. Backend process is entirely bad to work . opening an account is impossible for all the customers worst online apps. without backend support employees can't work freely. They need business only but don't support for doing business (support means I am telling about backend process).do not encourage employees for doing work. each and every month pip will be issued for every month Target. I don't even see such a bank like this . Don't spoil your life in joining indusind bank.shares also getting down 👎.bad job security.they will not accept the fault on them till your last date.

Skill development - Bad

+5 more

Sales Executive in Jabalpur

Full Time

Customer Success, Service & Operations Department

1.0

• updated on 22 Jan 2025

1.0

for Salary and Benefits

Likes

Worst company ...there is no working as per professionally not satisfactory salary, not a company to work

Dislikes

Dislikes about working in indusind banks are alot words are less to describe how bad experience will be in indusind bank ..if someone is willing to work in indusind bank...I would suggest don't waste your precious experience and time in working indusind bank ..try out somewhere else...you will be more ...satisfied working in some other company ...

Salary - Bad

+6 more

see more salary related reviews

IndusInd Bank Collections Manager Salary FAQs

How the salary growth look like for a Collections Manager at IndusInd Bank in Amritsar?

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

Experience	Average Salary Range
8 years	₹6.1 Lakhs to ₹7.8 Lakhs per year
9 years	₹6.2 Lakhs to ₹8.0 Lakhs per year
10 years	₹6.4 Lakhs to ₹8.1 Lakhs per year
11 years	₹6.5 Lakhs to ₹8.3 Lakhs per year

and so on.

Top skills at IndusInd Bank for Collections Manager

Compliance Problem Solving Leadership Analytical Negotiation Team Management

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IndusInd Bank Collections Manager Salaries in Amritsar

IndusInd Bank Collections Manager salary in Amritsar ranges between ₹5.3 Lakhs to ₹6.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IndusInd Bank latest salaries received from various employees of IndusInd Bank.