AKSHARA CHIT FUNDS Assistant Recovery Manager Salaries by 3 Employees (Updated 2024)

1 - 5 years exp.

₹1 Lakh - ₹3.4 Lakhs

Low Confidence

Salary of majority employees

30% less than the average Assistant Recovery Manager Salary for 1 - 5 years of experience

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Last Updated: 28 Aug 2024

Companies similar to AKSHARA CHIT FUNDS for Assistant Recovery Manager

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Assistant Recovery Manager Salary 6 - 12 years exp. (24 salaries)	₹1.5 L/yr - ₹4.6 L/yr 30% more
Bajaj Finance Assistant Recovery Manager Salary 5 - 18 years exp. (6 salaries)	₹3.8 L/yr - ₹5.5 L/yr 87% more
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Bandhan Bank Assistant Recovery Manager Salary 3 - 8 years exp. (6 salaries)	₹3.8 L/yr - ₹4.5 L/yr 72% more
Tata Motors Finance Assistant Recovery Manager Salary 1 - 7 years exp. (6 salaries)	₹2.2 L/yr - ₹4 L/yr 11% more
Dhanlaxmi Bank Assistant Recovery Manager Salary 10 - 12 years exp. (4 salaries)	₹8.2 L/yr - ₹11 L/yr 316% more

Assistant Recovery Manager salary at AKSHARA CHIT FUNDS ranges between ₹1 Lakh to ₹3.4 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 3 latest salaries received from various employees of AKSHARA CHIT FUNDS.

Experience wise AKSHARA CHIT FUNDS Assistant Recovery Manager salaries

Last Updated: 28 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.1 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr

Similar Designation salaries in AKSHARA CHIT FUNDS

Recovery Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Branch Manager Salary

(4 salaries)

₹2.4 L/yr - ₹6.5 L/yr

Collection Officer Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for AKSHARA CHIT FUNDS

BIDPAYBLE OFFICER in Kothagudem

Procurement & Supply Chain Department

5.0

• posted on 04 May 2022

5.0

for Salary and Benefits

Likes

...en I was joined 2015 in this company it is healthy and have good name in market. And it's provide good security for employees like ESI, PF, salary packages, and health security. And good management, and it maintains number of policies like chits, real-estate, I. T Solutions, Health Insurance, and fullfill customer dreams of savings . And fixed Deposits.

Dislikes

Low salaries for employees, delay payments to customers, no growth in company.

Accounts Officer in Nagarkurniil

Other Department

4.0

• posted on 23 Oct 2021

4.0

for Salary and Benefits

Likes

Really Great to work very happy for working Good management very heplful to work The Company gives Good choices and its totally good expirence

Dislikes

I had in this to no growth to work positions and Low Salary Packages

Account Assistant in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

5.0

• posted on 06 Nov 2024

5.0

for Salary and Benefits

Likes

Chit funds are a kind of financial arrangement wherein a few individuals gather and pool a fixed sum of money at regular intervals

Dislikes

Low salaries for employees, delay payments to customers, no growth in company.

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a technical project manager

Deadend

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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AKSHARA CHIT FUNDS Assistant Recovery Manager Salary FAQs

What is the notice period for Assistant Recovery Manager at AKSHARA CHIT FUNDS?

According to AmbitionBox, 100% of the AKSHARA CHIT FUNDS Assistant Recovery Managers 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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AKSHARA CHIT FUNDS Assistant Recovery Manager Salaries

AKSHARA CHIT FUNDS Assistant Recovery Manager salary in India ranges between ₹1 Lakh to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 AKSHARA CHIT FUNDS latest salaries received from various employees of AKSHARA CHIT FUNDS.