Axis Finance Debt Recovery Agent Salaries by 4 Employees

2 - 5 years exp.

₹1.6 Lakh - ₹2.1 Lakhs

Low Confidence

Salary of majority employees

24% less than the average Debt Recovery Agent Salary in NBFC Companies for 2 - 5 years of experience

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Last Updated: 27 Nov 2024

Companies similar to Axis Finance for Debt Recovery Agent

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Debt Recovery Agent Salary 0 - 6 years exp. (14 salaries)	₹1.5 L/yr - ₹4 L/yr 50% more
HDFC Bank Debt Recovery Agent Salary 2 - 6 years exp. (40 salaries)	₹1.2 L/yr - ₹4.8 L/yr 46% more
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ICICI Bank Debt Recovery Agent Salary 1 - 6 years exp. (16 salaries)	₹1.5 L/yr - ₹3 L/yr 23% more
Kotak Mahindra Bank Debt Recovery Agent Salary 1 - 7 years exp. (12 salaries)	₹1.6 L/yr - ₹4.5 L/yr 53% more
Tata Capital Debt Recovery Agent Salary 0 - 1 year exp. (3 salaries)	₹1.6 L/yr - ₹6.3 L/yr 143% more
L&T Finance Debt Recovery Agent Salary 3 - 4 years exp. (3 salaries)	₹2 L/yr - ₹2.1 L/yr 12% more
Hero FinCorp Debt Recovery Agent Salary 0 - 5 years exp. (5 salaries)	₹0.6 L/yr - ₹4.2 L/yr 48% more
Home Credit Finance Debt Recovery Agent Salary 0 - 17 years exp. (5 salaries)	₹1 L/yr - ₹2.4 L/yr 1% more
Kotak Mahindra Prime Debt Recovery Agent Salary 1 - 7 years exp. (3 salaries)	₹2.2 L/yr - ₹2.8 L/yr 33% more
Bajaj Housing Finance Debt Recovery Agent Salary 1 - 9 years exp. (3 salaries)	₹2.8 L/yr - ₹3.2 L/yr 67% more

Debt Recovery Agent salary at Axis Finance ranges between ₹1.6 Lakh to ₹2.1 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Finance.

Experience wise Axis Finance Debt Recovery Agent salaries

Last Updated: 27 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr

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Salary related reviews for Axis Finance

Deputy Manager in Vijayawada

Full Time

Finance & Accounting Department

4.0

• posted on 02 Sep 2023

4.0

for Salary and Benefits

Likes

Timely pay & first and second Saturday and all Sunday holiday. Good HR policy.

Salary - Good

+3 more

Dislikes

Collection Manger should go to filed for each and every case & sales team also get huge presuure. Personal loan team no support. HL & LAP team support is appriciated

Sales Manager in No Office

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 02 Nov 2022

5.0

for Salary and Benefits

Likes

Salary on time , Incentives also Good .

Salary - Excellent

+1 more

Dislikes

Huge work pressure for sales team , They are like one man army . From login to till Disbursement we need to do to achive our high targets. They are treating upcountry and metro cities same .

Job security - Poor

+3 more

Senior Manager in Noida

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 17 Nov 2024

3.0

for Salary and Benefits

Likes

Work life balance is good

Work-life balance - Good

Dislikes

Salary variations are too vast. Credit policies are poor and out of market competition. No job security. Pressure only on sales but credit is very stubborn and there is no pressure on credit for number and volune of business. Appraisal and promotion are rare.

Skill development - Bad

+4 more

Credit Manager in India

Full Time

Finance & Accounting Department

3.0

• posted on 07 Sep 2022

2.0

for Salary and Benefits

Likes

Job security at peak, salary on time, work life balance

Job security - Good

+1 more

Dislikes

Appraisal system, structure of hierarchy, It's indus system where case being process and overall work bifurcation for credit, long process from login to disb

Salary - Poor

+3 more

Deputy Manager 1 in Kolkata

Unsecured Loans Department

3.0

• posted on 12 Jul 2022

4.0

for Salary and Benefits

Likes

Company care about Staff,real time salary,& others employee benefits.

Salary - Good

+4 more

Dislikes

No one use any abusing language likes other's Nbfc . Your earning is on your hands,can earn incentive unlimited on sales . For uncecure loan you have the maximum responsibility like resi , office fi & sometimes collection. Overall it's a good for work place.

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Axis Finance Debt Recovery Agent Salary FAQs

What is the salary of Debt Recovery Agent at Axis Finance ?

The average salary of a Debt Recovery Agent at Axis Finance in India typically ranges from ₹1.6 Lakhs to ₹2.1 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Debt Recovery Agent at Axis Finance earn more than ₹1.8 Lakhs per year, and the top 1% earn over ₹1.8 Lakhs per year. Debt Recovery Agent Salaries at Axis Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Axis Finance employees in India.

What is the estimated take home salary of a Debt Recovery Agent at Axis Finance in India?

The estimated take-home salary of a Debt Recovery Agent at Axis Finance in India typically ranges from ₹12,309 to ₹13,643 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹2.1 Lakhs per year for employees with experience ranging from 2 years to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Axis Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Axis Finance for Debt Recovery Agent in India?

Tata Capital	₹1.6 Lakhs to ₹6.3 Lakhs per year
Bajaj Housing Finance	₹2.8 Lakhs to ₹3.2 Lakhs per year
Kotak Mahindra Bank	₹1.6 Lakhs to ₹4.5 Lakhs per year
Bajaj Finance	₹1.5 Lakhs to ₹4.0 Lakhs per year
Hero FinCorp	₹0.6 Lakhs to ₹4.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Finance, depending on the role and experience level.

What is the salary of a Debt Recovery Agent in companies similar to Axis Finance in India?

The salary of a Debt Recovery Agent at companies similar to Axis Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹1.2 Lakhs to ₹4.8 Lakhs per year
Kotak Mahindra Prime	₹2.2 Lakhs to ₹2.8 Lakhs per year
ICICI Bank	₹1.5 Lakhs to ₹3.0 Lakhs per year
L&T Finance	₹2.0 Lakhs to ₹2.1 Lakhs per year
Home Credit Finance	₹1.0 Lakhs to ₹2.4 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Debt Recovery Agent at Axis Finance in India?

The salary growth for a Debt Recovery Agent at Axis Finance depends on factors such as experience, performance, and promotions. On average, a Debt Recovery Agent can expect the following growth trajectory at Axis Finance:

Experience	Average Salary Range
2 years	₹1.6 Lakhs to ₹2.1 Lakhs per year
3 years	₹1.6 Lakhs to ₹2.1 Lakhs per year
4 years	₹1.6 Lakhs to ₹2.1 Lakhs per year
5 years	₹1.6 Lakhs to ₹2.1 Lakhs per year

and so on.

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Axis Finance Debt Recovery Agent Salaries

Axis Finance Debt Recovery Agent salary in India ranges between ₹1.6 Lakh to ₹2.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Axis Finance latest salaries received from various employees of Axis Finance.