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Bajaj Finance

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Bajaj Finance Recovery Officer salaries in India

Annual salary range
0 - 5 years exp.
₹1.8 Lakh - ₹4.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Recovery Officer Salary in NBFC Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Recovery Officer Salary
3 - 5 years exp. (9 salaries)
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₹2 L/yr - ₹3.2 L/yr

Finance & Accounting
Recovery Officer Salary
0 - 5 years exp. (5 salaries)
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₹2 L/yr - ₹3.5 L/yr

Marketing & Communication
Recovery Officer Salary
0 - 3 years exp. (3 salaries)
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₹1.8 L/yr - ₹2.8 L/yr

Sales & Business Development
Recovery Officer Salary
1 - 5 years exp. (3 salaries)
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₹2 L/yr - ₹3.6 L/yr

Customer Success, Service & Operations
Recovery Officer Salary
3 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.3 L/yr

Last Updated: 1 Dec 2024

Companies similar to Bajaj Finance for Recovery Officer

Company name Avg Annual Salary Open Jobs
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Shriram Finance Recovery Officer Salary

1 - 8 years exp. (108 salaries)

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₹1.2 L/yr - ₹3.8 L/yr

arrow icon 2% more
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₹1.4 L/yr - ₹4 L/yr

arrow icon 7% less
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Mahindra Finance Recovery Officer Salary

0 - 8 years exp. (27 salaries)

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₹1.8 L/yr - ₹3.8 L/yr

arrow icon 4% more
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SMFG India Credit Recovery Officer Salary

0 - 9 years exp. (12 salaries)

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₹2.8 L/yr - ₹4 L/yr

arrow icon 19% more
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Home Credit Finance Recovery Officer Salary

1 - 6 years exp. (9 salaries)

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₹2 L/yr - ₹4 L/yr

arrow icon 24% more
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Muthoot Finance Recovery Officer Salary

2 - 4 years exp. (5 salaries)

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₹1.5 L/yr - ₹2.3 L/yr

arrow icon 20% less
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Capital Trust Recovery Officer Salary

0 - 5 years exp. (4 salaries)

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₹1.7 L/yr - ₹8 L/yr

arrow icon 26% more
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Fusion Microfinance Recovery Officer Salary

1 - 6 years exp. (4 salaries)

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₹1.6 L/yr - ₹2.4 L/yr

arrow icon 31% less
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₹2.2 L/yr - ₹3.5 L/yr

arrow icon 9% more
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IIFL SAMASTA Recovery Officer Salary

0 - 1 year exp. (3 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 32% more
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₹2.3 L/yr - ₹3.5 L/yr

arrow icon 3% more
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Manappuram Finance Recovery Officer Salary

4 - 13 years exp. (3 salaries)

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₹2.2 L/yr - ₹4.8 L/yr

arrow icon 26% more
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₹2 L/yr - ₹3 L/yr

arrow icon 8% less
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L&T Finance Recovery Officer Salary

2 - 6 years exp. (3 salaries)

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₹2 L/yr - ₹2.2 L/yr

arrow icon 18% less
Recovery Officer salary at Bajaj Finance ranges between ₹1.8 Lakh to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 40 latest salaries received from various employees of Bajaj Finance.

Latest annual salaries shared by Bajaj Finance Recovery Officer

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Experience wise Bajaj Finance Recovery Officer salaries

Last Updated: 1 Dec 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹1.8 L/yr - ₹3.2 L/yr
1 year  (6 salaries)

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₹1.8 L/yr - ₹4.6 L/yr
2 years  (8 salaries)

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₹1.8 L/yr - ₹3 L/yr
3 years  (11 salaries)

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₹1.8 L/yr - ₹4.3 L/yr
4 years  (5 salaries)

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₹2 L/yr - ₹4 L/yr
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Similar Designation salaries in Bajaj Finance

Sales Officer Salary
(685 salaries)
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₹1 L/yr - ₹5.25 L/yr
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₹1.1 L/yr - ₹6.3 L/yr
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₹1.85 L/yr - ₹5 L/yr
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₹1.3 L/yr - ₹4 L/yr
Deputy Manager Salary
(294 salaries)
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₹3 L/yr - ₹9.77 L/yr
Sales Manager Salary
(849 salaries)
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₹1.2 L/yr - ₹9.3 L/yr
Branch Manager Salary
(97 salaries)
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₹3 L/yr - ₹8.85 L/yr
Process Developer Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹15.8 L/yr - ₹20.1 L/yr
Accountant Salary
(18 salaries)
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₹1.2 L/yr - ₹6.68 L/yr

Top skills at Bajaj Finance for Recovery Officer

Recovery Debt Auto Loans Commercial Vehicle Loans Tractor Loan Collections

Salary related reviews for Bajaj Finance

2.6

Rated by 11 employees for salary & benefits

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

read more
  • Skill development - Bad
  • +3 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 08 Oct 2024

3.0
 for  Salary and Benefits

Likes

Enjoy working

  • Work-life balance - Good

Dislikes

No leaves even it festivals Insurance claim delay Sundays no leaves Large salary cuttings No outings You might think boring life No esi and pf traing My Pf was cutting after a year it's so bad And some more what I cannot able to written here

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

Other Department

1.0
  •  posted on 22 Sep 2023

1.0
 for  Salary and Benefits

Likes

Worst company if you give customer emi from your salary ur good collection officer if you can't do that ur job is not done complet in Baja finance bucket x

read more

Dislikes

If you pay customer emi from your salary and you want some person use abuse language about ur family and if you tolerate thise you can join thise company

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Other Department

1.0
  •  posted on 19 May 2022

3.0
 for  Salary and Benefits

Likes

Good salary hikes and IJP opportunities

Dislikes

Every single department is operating on politics. No respect for real talent. Abusive Senior management team. Worst working culture. No holidays to employees. Pathetic HR team who don't do any work or support at all.

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

Other Department

5.0
  •  posted on 26 May 2022

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike every year.

read more
  • Salary - Excellent
  • +6 more
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Bajaj Finance Recovery Officer Salary FAQs

What is the salary of Recovery Officer at Bajaj Finance ?
The average salary of a Recovery Officer at Bajaj Finance in India typically ranges from ₹1.8 Lakhs to ₹4.3 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Recovery Officer at Bajaj Finance earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Recovery Officer 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 40+ Bajaj Finance employees in India.
What is the estimated take home salary of a Recovery Officer at Bajaj Finance in India?
The estimated take-home salary of a Recovery Officer at Bajaj Finance in India typically ranges from ₹18,237 to ₹19,927 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from Fresher 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 40+ salaries received from various employees of Bajaj Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Recovery Officer at Bajaj Finance ?
To be a Recovery Officer at Bajaj Finance in india, the key skills required include:

  • - Recovery
  • - Debt
  • - Auto Loans
  • - Commercial Vehicle Loans
  • - Tractor Loan

These skills are highly valued at Bajaj Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Bajaj Finance for Recovery Officer in India?
IIFL SAMASTA ₹2.0 Lakhs to ₹6.0 Lakhs per year
Manappuram Finance ₹2.2 Lakhs to ₹4.8 Lakhs per year
Capital Trust ₹1.7 Lakhs to ₹8.0 Lakhs per year
Home Credit Finance ₹2.0 Lakhs to ₹4.0 Lakhs per year
SMFG India Credit ₹2.8 Lakhs to ₹4.0 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.
What is the salary of a Recovery Officer in companies similar to Bajaj Finance in India?
The salary of a Recovery Officer at companies similar to Bajaj Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra Rural Housing Finance ₹2.2 Lakhs to ₹3.5 Lakhs per year
Mahindra Finance ₹1.8 Lakhs to ₹3.8 Lakhs per year
Satin Creditcare Network ₹2.3 Lakhs to ₹3.5 Lakhs per year
Shriram Finance ₹1.2 Lakhs to ₹3.8 Lakhs per year
HDB Financial Services ₹1.4 Lakhs to ₹4.0 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 Recovery Officer at Bajaj Finance in India?
The salary growth for a Recovery Officer at Bajaj Finance depends on factors such as experience, performance, and promotions. On average, a Recovery Officer can expect the following growth trajectory at Bajaj Finance:

Experience Average Salary Range
Fresher ₹1.8 Lakhs to ₹3.2 Lakhs per year
1 year ₹1.8 Lakhs to ₹4.6 Lakhs per year
2 years ₹1.8 Lakhs to ₹3.0 Lakhs per year
3 years ₹1.8 Lakhs to ₹4.3 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Finance Recovery Officer salary in India ranges between ₹1.8 Lakh to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 40 Bajaj Finance latest salaries received from various employees of Bajaj Finance.