Axis Bank Recovery Manager Salaries by 4 Employees

5 - 6 years exp.

₹3.6 Lakhs - ₹9 Lakhs

Low Confidence

Salary of majority employees

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7% less than the average Recovery Manager Salary in Banking Companies for 5 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Recovery Manager Salary 5 years exp. (AmbitionBox Estimate)	Unlock ₹8.1 L/yr - ₹9.9 L/yr
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Finance & Accounting Recovery Manager Salary 5 years exp. (AmbitionBox Estimate)	Unlock ₹3.2 L/yr - ₹4 L/yr

Last Updated: 10 Dec 2023

Companies similar to Axis Bank for Recovery Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Recovery Manager Salary 5 - 18 years exp. (17 salaries)	Unlock ₹3.5 L/yr - ₹13.5 L/yr 50% more
ICICI Bank Recovery Manager Salary 2 - 13 years exp. (5 salaries)	Unlock ₹5.5 L/yr - ₹9 L/yr 43% more
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Kotak Mahindra Bank Recovery Manager Salary 1 - 14 years exp. (23 salaries)	Unlock ₹1.8 L/yr - ₹8.4 L/yr 6% less
IndusInd Bank Recovery Manager Salary 13 - 17 years exp. (3 salaries)	Unlock ₹8.5 L/yr - ₹11 L/yr 86% more
IDFC FIRST Bank Recovery Manager Salary 1 - 10 years exp. (65 salaries)	Unlock ₹4 L/yr - ₹10 L/yr 53% more
RBL Bank Recovery Manager Salary 0 - 12 years exp. (11 salaries)	Unlock ₹3.3 L/yr - ₹11 L/yr 22% more
Bandhan Bank Recovery Manager Salary 1 - 13 years exp. (4 salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr 24% less

Recovery Manager salary at Axis Bank ranges between ₹3.6 Lakhs to ₹9 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Bank.

Experience wise Axis Bank Recovery Manager salaries

Last Updated: 10 Dec 2023

Experience	Avg Annual Salary
5 years (3 salaries)	Unlock ₹3.6 L/yr - ₹9 L/yr
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6 years (AmbitionBox Estimate)	Unlock ₹3.7 L/yr - ₹9.6 L/yr

From

Recovery Manager

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5 - 6 years exp.

Collections Manager

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4 - 14 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Salary related reviews for Axis Bank

1.1

Rated by 3 employees for salary & benefits

Deputy Manager in Bangalore / Bengaluru (working remotely)

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Jan 2025

3.0

for Salary and Benefits

Likes

Skill development compared to other bank axis provide good learnings

Job security - Good

Dislikes

Axis gives less salary compared to other bank and also high work pressure and high pressure to cross sell and make employees to run behind the customer and its make Customer to get irritated

Work satisfaction - Poor

+2 more

Deputy Manager in Lucknow

Full Time

Legal & Regulatory Department

2.0

• posted on 11 Dec 2024

1.0

for Salary and Benefits

Likes

The team is good and if you want to learn on your own

Job security - Excellent

Dislikes

Location placement is not good Culture is not good as well Salary is the worst as compared to other national banks Overall learning is not that great No training facilities

Salary - Bad

+3 more

Deputy Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 21 Nov 2024

5.0

for Salary and Benefits

Likes

Salary on time. Descent salary package they provide compare to other companies.

Salary - Excellent

Dislikes

No work life balance. Unlimited pressure on tpp products. Huge mental pressure. Worst work culture. Huge partiality within employees. No team work.

Work satisfaction - Poor

+2 more

Deputy Manager in Noida

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 02 Nov 2024

2.0

for Salary and Benefits

Likes

Job certainty, less pressure of work as compared to other bank.

Job security - Good

Dislikes

Out dated Process of work, no training for new joiners, less salary package as compared to other company, lack of communication before application of new process, no leave encashment

Salary - Poor

+3 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 05 Oct 2024

1.0

for Salary and Benefits

Likes

...entally disturbed and getting panic attacks at work. Very in human work culture. They will tell you the salary is 40k in-hand and pay you 28k, when you go back to discuss they simply put up some reason ok deductions that was never informed on the first place.

Dislikes

Do not work here unless you want to be dragged around like an animal . I not only speak for myself but everyone that I know there. Only working in such a toxic environment to make some money for bread. And how they treat you is by throwing bread crumbs on the floor. They are the best manipulaters. Even if you are on death bed, they would want you to report to work.

Salary - Bad

+6 more

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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... read more

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Axis Bank Recovery Manager Salary FAQs

What is the salary of Recovery Manager at Axis Bank?

Recovery Manager salary at Axis Bank in India ranges between ₹3.6 Lakhs to ₹9.0 Lakhs for experience between 5 years to 6 years. According to our estimates it is 7% less than the average Recovery Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Axis Bank India.

How does the salary of a Recovery Manager at Axis Bank India compare with the average salary range for this job?

The average salary of a Recovery Manager at Axis Bank is 7% less than the average salary of a Recovery Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Axis Bank to a Recovery Manager in India?

IndusInd Bank Recovery Manager Salary - ₹8.5 Lakhs to ₹11.0 Lakhs per year
IDFC FIRST Bank Recovery Manager Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
HDFC Bank Recovery Manager Salary - ₹3.5 Lakhs to ₹13.5 Lakhs per year
ICICI Bank Recovery Manager Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year
RBL Bank Recovery Manager Salary - ₹3.3 Lakhs to ₹11.0 Lakhs per year

What is the salary of a Recovery Manager in companies similar to Axis Bank in India?

Kotak Mahindra Bank Recovery Manager Salary - ₹1.8 Lakhs to ₹8.4 Lakhs per year
Bandhan Bank Recovery Manager Salary - ₹1.8 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Recovery Manager at Axis Bank in India?

The estimated take-home salary of a Recovery Manager at Axis Bank ranges between ₹37,679 per month to ₹38,878 per month in India. The take-home salary calculation is based on the average Axis Bank Recovery Manager salary in India which ranges between ₹3.6 Lakhs to ₹9.0 Lakhs per year for employees with experience between 5 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Recovery Manager at Axis Bank?

According to AmbitionBox, 67% of the Axis Bank Recovery Managers reported a notice period of 3 Months, 33% 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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Axis Bank Recovery Manager Salaries

Axis Bank Recovery Manager salary in India ranges between ₹3.6 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Axis Bank latest salaries received from various employees of Axis Bank.