Bank Collector Average Salary in Islamabad 2024
How much money does a person working as Bank Collector make in Islamabad?
LOW
12,900
PKR AVERAGE
27,400
PKR HIGH
43,300
PKR
A person working as Bank Collector in Islamabad typically earns around 27,400 PKR. Salaries range from 12,900 PKR (lowest) to 43,300 PKR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Bank Collector salaries in Islamabad vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Bank Collector Pay Scale and Salaries in Islamabad
Salary Structure and Pay Scale Comparison
25,800 PKR or more
22,700 to 25,800 PKR
15,800 PKR or less
15,800 to 22,700 PKR
 12,900 PKR |
26,000 PKR |
43,300 PKR |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Bank Collector in Islamabad range from 12,900 PKR (starting salary) to 43,300 PKR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 26,000 PKR, half of the professionals who work as Bank Collector in Islamabad earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Bank Collector in Islamabad earn less than 21,000 PKR, while 75% earn more. Similarly, the chart shows that 75% earn less than 29,900 PKR while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Bank Collector in Islamabad compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 15,800 PKR to 22,700 PKR. About 20% of salaries are below the 15,800 PKR mark, while 10% fall within the range of 22,700 PKR to 25,800 PKR. Only 5% of individuals have salaries exceeding 25,800 PKR.
Salary Comparison by Years of Experience / Bank Collector / Islamabad
How do experience and age affect pay?
| 0 - 2 Years | 14,900 PKR | |
| 2 - 5 Years | +38% | 20,500 PKR |
| 5 - 10 Years | +42% | 29,100 PKR |
| 10 - 15 Years | +22% | 35,500 PKR |
| 15 - 20 Years | +6% | 37,500 PKR |
| 20+ Years | +9% | 40,900 PKR |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Bank Collector and this is what we found.
Employees with less than two years of experience earn approximately 14,900 PKR.
While someone with an experience level between two and five years is expected to earn 20,500 PKR, 38% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 29,100 PKR, 42% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 35,500 PKR, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 37,500 PKR, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 40,900 PKR, 9% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Bank Collector / Islamabad
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Bank Collector.
| High School | 17,700 PKR | |
| Certificate or Diploma | +51% | 26,900 PKR |
| Bachelor's Degree | +50% | 40,300 PKR |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Bank Collector in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 17,700 PKR.
Level 2: Certificate or Diploma
At this level, the average salary becomes 26,900 PKR, 51% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 40,300 PKR, 50% more than the previous level.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Bank Collector / Islamabad
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Bank Collector in Pakistan, the average difference between the salary of male and female employees is 17%.
| Male | 31,400 PKR | |
| Female | -15% | 26,900 PKR |
Salary Comparison By Gender in Pakistan for all Careers
Average Annual Salary Increment Percentage / Bank Collector / Islamabad
How much are annual salary increments in Islamabad for individuals working as Bank Collector? How often do employees get salary raises?
Individuals working as Bank Collector in Pakistan are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 19 months.
Pakistan / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Bank Collector / Pakistan
How much and how often are bonuses being awarded?
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
| Received Bonus | % | |
| No Bonus | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Bank Collector / Islamabad
160 PKR per hourThe average hourly wage (pay per hour) for individuals working as Bank Collector in Islamabad is 160 PKR.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Bank Collector in Islamabad is 74 PKR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Banking |  -100% | |
| AML Analyst | 121,000 PKR |  +340% |
| Assistant Bank Branch Manager | 98,900 PKR | +260% |
| Assistant Bank Manager | 127,000 PKR | +360% |
| ATM Manager | 112,000 PKR | +310% |
| ATM Service Technician | 32,000 PKR | +17% |
| Bank Accounts Analyst | 44,300 PKR | +62% |
| Bank Accounts Collector | 27,000 PKR | -1% |
| Bank Accounts Controller | 60,100 PKR | +120% |
| Bank Accounts Executive | 83,700 PKR | +210% |
| Bank Accounts Manager | 101,000 PKR | +270% |
| Bank Auditing Manager | 96,700 PKR | +250% |
| Bank Branch Manager | 144,000 PKR | +430% |
| Bank Branch Operations Coordinator | 59,800 PKR | +120% |
| Bank Clerk | 26,400 PKR | -4% |
| Bank Client Service Associate | 36,400 PKR | +33% |
| Bank Collector | 27,400 PKR | +0% |
| Bank Compliance Specialist | 75,100 PKR | +170% |
| Bank Manager | 162,000 PKR | +490% |
| Bank Operational Risk Manager | 161,000 PKR | +490% |
| Bank Operations Head | 170,000 PKR | +520% |
| Bank Operations Officer | 66,800 PKR | +140% |
| Bank Operations Specialist | 105,000 PKR | +280% |
| Bank Process Manager | 89,600 PKR | +230% |
| Bank Product Manager | 101,000 PKR | +270% |
| Bank Programme Manager | 108,000 PKR | +290% |
| Bank Project Manager | 127,000 PKR | +360% |
| Bank Propositions Manager | 111,000 PKR | +310% |
| Bank Quantitative Analyst | 79,400 PKR | +190% |
| Bank Regional Manager | 175,000 PKR | +540% |
| Bank Regional Risk Officer | 82,900 PKR | +200% |
| Bank Relationship Manager | 120,000 PKR | +340% |
| Bank Relationship Officer | 54,100 PKR | +97% |
| Bank Sustainability Analyst | 95,300 PKR | +250% |
| Bank Teller | 29,500 PKR | +8% |
| Banker | 55,000 PKR | +100% |
| Banking Business Analyst | 85,700 PKR | +210% |
| Banking Business Development Officer | 52,300 PKR | +91% |
| Banking Business Planning Executive | 123,000 PKR | +350% |
| Banking Data Analyst | 101,000 PKR | +270% |
| Banking Product Manager | 106,000 PKR | +290% |
| Banking Reference Data Manager | 91,300 PKR | +230% |
| Banking Regulatory Compliance Officer | 97,800 PKR | +260% |
| Banking Risk Analyst | 80,100 PKR | +190% |
| Banking Technical Analyst | 45,100 PKR | +65% |
| Bankruptcy Coordinator | 58,500 PKR | +110% |
| Bill and Account Collector | 28,800 PKR | +5% |
| Blockchain Analyst | 70,100 PKR | +160% |
| Blockchain Architect | 84,500 PKR | +210% |
| Blockchain Auditor | 77,600 PKR | +180% |
| Blockchain Compliance Analyst | 75,300 PKR | +170% |
| Blockchain Consultant | 81,900 PKR | +200% |
| Blockchain Trade Facilitator | 70,000 PKR | +160% |
| Budget Analyst | 84,600 PKR | +210% |
| Capital Risk Manager | 156,000 PKR | +470% |
| Cards Marketing Manager | 105,000 PKR | +280% |
| Cash Management Manager | 152,000 PKR | +450% |
| Check Processing Manager | 105,000 PKR | +280% |
| Chief Blockchain Officer | 97,200 PKR | +250% |
| Commercial Vault Associate | 84,800 PKR | +210% |
| Corporate Banker | 62,500 PKR | +130% |
| Corporate Dealer | 90,300 PKR | +230% |
| Credit Analyst | 63,800 PKR | +130% |
| Credit and Collections Manager | 115,000 PKR | +320% |
| Credit Card Fraud Investigator | 91,400 PKR | +230% |
| Credit Portfolio Manager | 161,000 PKR | +490% |
| Credit Risk Analyst | 96,900 PKR | +250% |
| Credit Risk Associate | 92,200 PKR | +240% |
| Cryptocurrency Accountant | 55,800 PKR | +100% |
| Cryptocurrency Adviser | 102,000 PKR | +270% |
| Cryptocurrency Analyst | 79,200 PKR | +190% |
| Cryptocurrency Compliance Manager | 92,200 PKR | +240% |
| Cryptocurrency Trader | 85,800 PKR | +210% |
| Digital Banking Manager | 113,000 PKR | +310% |
| Digital Currency Analyst | 81,500 PKR | +200% |
| Direct Bank Sales Representative | 58,900 PKR | +110% |
| Exchange Control Consultant | 86,100 PKR | +210% |
| Executive Account Analyst | 80,500 PKR | +190% |
| Financial Bank Planning Consultant | 105,000 PKR | +280% |
| Financial Banking Analysis Manager | 119,000 PKR | +330% |
| Financial Banking Assistant | 40,100 PKR | +46% |
| Financial Banking Systems Manager | 119,000 PKR | +330% |
| Foreign Exchange Manager | 119,000 PKR | +330% |
| Fraud Analyst | 85,800 PKR | +210% |
| Fraud Detection Associate | 61,400 PKR | +120% |
| Fraud Detection Manager | 133,000 PKR | +390% |
| Fraud Detection Supervisor | 76,800 PKR | +180% |
| Internal Bank Audit Manager | 156,000 PKR | +470% |
| Internal Bank Auditor | 77,900 PKR | +180% |
| Internal Private Banker | 62,200 PKR | +130% |
| International Banking Manager | 171,000 PKR | +520% |
| Investment Banking Analyst | 120,000 PKR | +340% |
| Loan Analyst | 83,200 PKR | +200% |
| Loan Area Manager | 98,300 PKR | +260% |
| Loan Audit Team Leader | 92,100 PKR | +240% |
| Loan Branch Manager | 94,700 PKR | +250% |
| Loan Business Development Officer | 53,000 PKR | +93% |
| Loan Clerk | 29,100 PKR | +6% |
| Loan Collection and Recovery Manager | 106,000 PKR | +290% |
| Loan Collection Manager | 102,000 PKR | +270% |
| Loan Collector | 27,100 PKR | -1% |
| Loan Examiner | 37,500 PKR | +37% |
| Loan Officer | 31,100 PKR | +14% |
| Loan Processing Manager | 86,900 PKR | +220% |
| Loan Processor | 37,700 PKR | +38% |
| Loan Quality Assurance Auditor | 87,900 PKR | +220% |
| Loan Quality Assurance Manager | 91,800 PKR | +240% |
| Loan Quality Assurance Representative | 63,600 PKR | +130% |
| Loan Review Manager | 99,400 PKR | +260% |
| Loan Team Leader | 83,500 PKR | +200% |
| Loans Manager | 111,000 PKR | +310% |
| Mortgage Advisor | 59,600 PKR | +120% |
| Mortgage Collection Manager | 94,200 PKR | +240% |
| Mortgage Collector | 27,300 PKR | -0% |
| Mortgage Credit Analyst | 46,100 PKR | +68% |
| Mortgage Credit Manager | 90,900 PKR | +230% |
| Mortgage Development Manager | 108,000 PKR | +290% |
| Mortgage Document Reviewer | 38,200 PKR | +39% |
| Mortgage Funding Manager | 106,000 PKR | +290% |
| Mortgage Operations Manager | 140,000 PKR | +410% |
| Mortgage Payment Processing Clerk | 32,100 PKR | +17% |
| Mortgage Processing Manager | 97,700 PKR | +260% |
| Mortgage Processor | 39,800 PKR | +45% |
| Mortgage Quality Assurance Auditor | 86,200 PKR | +210% |
| Mortgage Quality Assurance Manager | 92,700 PKR | +240% |
| Mortgage Servicing Clerk | 28,900 PKR | +5% |
| Mortgage Servicing Manager | 95,300 PKR | +250% |
| Mortgage Underwriter | 35,900 PKR | +31% |
| Online Banking Manager | 151,000 PKR | +450% |
| Open Banking Strategist | 85,700 PKR | +210% |
| Payment Processing Clerk | 28,900 PKR | +5% |
| Personal Banker | 63,100 PKR | +130% |
| Personal Banking Advisor | 61,200 PKR | +120% |
| Phone Banker | 41,200 PKR | +50% |
| Private Banker | 61,100 PKR | +120% |
| Reconciliation and Investigation Specialist | 69,500 PKR | +150% |
| Tax Officer | 50,000 PKR | +82% |
| Teller | 29,100 PKR | +6% |
| Trade Officer | 34,400 PKR | +26% |
| Trade Product Manager | 102,000 PKR | +270% |
| Trader | 40,200 PKR | +47% |
| Treasury Operations Officer | 73,900 PKR | +170% |
| Wealth Management Advisor | 124,000 PKR | +350% |
Salary Comparison By City
| City | Average Salary |
| Islamabad | 27,400 PKR |
| Karachi | 30,800 PKR |
| Lahore | 33,200 PKR |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Pakistan is 12% on average across all career fields.
| Private Sector | 76,500 PKR | |
| Public Sector | +12% | 85,700 PKR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Bank Collector in Islamabad?
A good and competitive compensation would range anywhere between 26,000 PKR and 29,900 PKR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Bank Collector in Islamabad ranges from 12,900 PKR to 21,000 PKR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
