Bajaj Finance Collection and Recovery Manager Salaries by 5 Employees

2 - 5 years exp.

₹3 Lakhs - ₹6.4 Lakhs

Low Confidence

Salary of majority employees

10% more than the average Collection and Recovery Manager Salary in NBFC Companies for 2 - 5 years of experience

Interested in this particular role?

Last Updated: 13 Dec 2024

Companies similar to Bajaj Finance for Collection and Recovery Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collection and Recovery Manager Salary 11 - 28 years exp. (4 salaries)	₹7.1 L/yr - ₹9.5 L/yr 35% more
Login to view exact salary
UCA Finvest Collection and Recovery Manager Salary 1 - 6 years exp. (3 salaries)	₹4.5 L/yr - ₹9 L/yr 11% more

Collection and Recovery Manager salary at Bajaj Finance ranges between ₹3 Lakhs to ₹6.4 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Collection and Recovery Manager salaries

Last Updated: 13 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹6.4 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.4 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.4 L/yr
5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6.4 L/yr

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Salary related reviews for Bajaj Finance

5.0

Rated by 1 employees for salary & benefits

Senior Software Engineer in Pune

Full Time

Engineering - Software & QA Department

2.0

• posted on 21 Feb 2025

3.0

for Salary and Benefits

Likes

Job security is good so you won’t face any issues with job. Salary and other reimbursements are credited on time.

Job security - Good

Dislikes

Culture and leadership is shit. Development and learning is stagnant. Policies are bogus, they get changed any time.

Skill development - Bad

+4 more

Team Lead in Viman Nagar, Pune

Other Department

1.0

• posted on 20 Oct 2022

3.0

for Salary and Benefits

Likes

Their competitive pay is the only good thing about working here

Dislikes

NO work life balance. You are expected to be available to work 20 hours a day and all 7 days of the week, no exceptions. HR will tell you that two Saturdays (and all Sundays) of a month are off. But once you join, your boss will call you to work on all Saturdays and some Sundays. If you dont like it, you can quit. If you make a small mistake or can't complete your work in the unreasonable target deadline, you will be shouted at and verbally abused, loudly, in front of multiple colleagues. And, dont even think about asking for vacation days. By policy you get 36 leaves per year. Practically, you may get 2 or 3. Also, no work from home, at all, for anyone, in any circumstances. Need i say more ?

Skill development - Poor

+4 more

Area Collection Manager in Chandigarh

Full Time

Finance & Accounting Department

1.0

• posted on 29 Mar 2025

3.0

for Salary and Benefits

Likes

... bosses. They only use abusive language. Forcefully ask your junior for funding. 70% salary goes in funding.

Job security - Good

Dislikes

Work culture pathetic. No personal life. Uneducated people Work there. Maximum regional manager level employee have fake degree. No Sunday

Skill development - Bad

+4 more

Collection Officer in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

2.0

• posted on 15 Jan 2025

3.0

for Salary and Benefits

Likes

Work culture is good, salary on time

Company culture - Excellent

Dislikes

Previously Bajaj Auto finance Ltd was good after merging in to finserv it got hectic, bosses are always after you, no rest on week days after merging new managers are toxic

Skill development - Bad

+3 more

Credit Sales Manager in Bareilly

Full Time

Finance & Accounting Department

1.0

• posted on 05 Jan 2025

3.0

for Salary and Benefits

Likes

The company culture is good and you get to learn something new and new technology

Skill development - Excellent

+1 more

Dislikes

I have no problem working in Bajaj Auto Finance but the only thing that has messed up is the salary structure. My post is that of a credit sales manager but my profile says sales officer And now the profile of the new hiring is Assistant Manager

Job security - Bad

+3 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Bajaj Finance Collection and Recovery Manager Salary FAQs

What is the salary of Collection and Recovery Manager at Bajaj Finance ?

The average salary of a Collection and Recovery Manager at Bajaj Finance in India typically ranges from ₹3.0 Lakhs to ₹6.4 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Collection and Recovery Manager at Bajaj Finance earn more than ₹6.4 Lakhs per year, and the top 1% earn over ₹6.4 Lakhs per year. Collection and Recovery Manager Salaries at Bajaj 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 5 Bajaj Finance employees in India.

What is the estimated take home salary of a Collection and Recovery Manager at Bajaj Finance in India?

The estimated take-home salary of a Collection and Recovery Manager at Bajaj Finance in India typically ranges from ₹44,331 to ₹45,431 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹6.4 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 5 salaries received from various employees of Bajaj Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bajaj Finance for Collection and Recovery Manager in India?

HDFC Bank	₹7.1 Lakhs to ₹9.5 Lakhs per year
UCA Finvest	₹4.5 Lakhs to ₹9.0 Lakhs per year

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

How the salary growth look like for a Collection and Recovery Manager at Bajaj Finance in India?

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

Experience	Average Salary Range
2 years	₹6.4 Lakhs to ₹6.4 Lakhs per year
3 years	₹2.4 Lakhs to ₹6.4 Lakhs per year
4 years	₹3.0 Lakhs to ₹6.4 Lakhs per year
5 years	₹2.1 Lakhs to ₹6.4 Lakhs per year

and so on.

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Bajaj Finance Collection and Recovery Manager Salaries

Bajaj Finance Collection and Recovery Manager salary in India ranges between ₹3 Lakhs to ₹6.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bajaj Finance latest salaries received from various employees of Bajaj Finance.