AKSHARA CHIT FUNDS Recovery Manager Salaries by 3 Employees (Updated 2025)

3 - 6 years exp.

₹2 Lakhs - ₹4.3 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Recovery Manager Salary for 3 - 6 years of experience

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Last Updated: 5 Mar 2025

Companies similar to AKSHARA CHIT FUNDS for Recovery Manager

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Shriram Finance Recovery Manager Salary 4 - 14 years exp. (28 salaries)	₹2 L/yr - ₹6 L/yr 7% more
Manappuram Finance Recovery Manager Salary 8 - 23 years exp. (3 salaries)	₹3 L/yr - ₹7.5 L/yr 111% more
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Mahindra Finance Recovery Manager Salary 4 - 11 years exp. (5 salaries)	₹3.1 L/yr - ₹4.5 L/yr 14% more
Bajaj Finance Recovery Manager Salary 1 - 8 years exp. (7 salaries)	₹3.5 L/yr - ₹6.2 L/yr 38% more
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Edelweiss Recovery Manager Salary 10 - 15 years exp. (3 salaries)	₹3 L/yr - ₹5.4 L/yr 34% more
HDFC Bank Recovery Manager Salary 5 - 18 years exp. (17 salaries)	₹3.5 L/yr - ₹13.5 L/yr 121% more
ICICI Bank Recovery Manager Salary 2 - 13 years exp. (5 salaries)	₹5.5 L/yr - ₹9 L/yr 110% more
IBM Recovery Manager Salary 7 - 11 years exp. (4 salaries)	₹5 L/yr - ₹6.5 L/yr 78% more
Axis Bank Recovery Manager Salary 5 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹9 L/yr 47% more

Recovery Manager salary at AKSHARA CHIT FUNDS ranges between ₹2 Lakhs to ₹4.3 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of AKSHARA CHIT FUNDS.

Experience wise AKSHARA CHIT FUNDS Recovery Manager salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
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6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in AKSHARA CHIT FUNDS

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

4.0

Rated by 1 employees for salary & benefits

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.

Salary - Excellent

+4 more

Dislikes

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

Work satisfaction - Poor

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

Salary - Good

+4 more

Dislikes

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

Promotions - Poor

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

Salary - Excellent

+6 more

Dislikes

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

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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AKSHARA CHIT FUNDS Recovery Manager Salary FAQs

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

According to AmbitionBox, 50% of the AKSHARA CHIT FUNDS Recovery Managers reported a notice period of 1 Month, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

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AKSHARA CHIT FUNDS Recovery Manager Salaries

AKSHARA CHIT FUNDS Recovery Manager salary in India ranges between ₹2 Lakhs to ₹4.3 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.