Bajaj Finance Area Recovery Manager Salaries by 4 Employees (Updated 2025)

12 - 17 years exp.

₹8.5 Lakhs - ₹13 Lakhs

Low Confidence

Salary of majority employees

28% more than the average Area Recovery Manager Salary in NBFC Companies for 12 - 17 years of experience

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Salaries in different departments

Finance & Accounting Area Recovery Manager Salary 12 - 15 years exp. (3 salaries)	₹11 L/yr - ₹13 L/yr
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BFSI, Investments & Trading Area Recovery Manager Salary 17 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 29 Feb 2024

Companies similar to Bajaj Finance for Area Recovery Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Recovery Manager Salary 6 - 18 years exp. (3 salaries)	₹6.5 L/yr - ₹9 L/yr 27% less
Kotak Mahindra Bank Area Recovery Manager Salary 11 - 23 years exp. (4 salaries)	₹9 L/yr - ₹17 L/yr 24% more
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Muthoot Fincorp Area Recovery Manager Salary 5 - 11 years exp. (10 salaries)	₹3.5 L/yr - ₹5 L/yr 62% less
Piramal Capital Housing Finance Area Recovery Manager Salary 12 - 19 years exp. (15 salaries)	₹6.5 L/yr - ₹13.2 L/yr 1% less
IDFC FIRST Bank Area Recovery Manager Salary 7 - 16 years exp. (10 salaries)	₹9.5 L/yr - ₹16.5 L/yr 18% more

Area Recovery Manager salary at Bajaj Finance ranges between ₹8.5 Lakhs to ₹13 Lakhs per year for employees with experience between 12 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Area Recovery Manager salaries

Last Updated: 29 Feb 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹13 L/yr - ₹13 L/yr
13 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
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14 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
15+ years (AmbitionBox Estimate)	₹8.5 L/yr - ₹11 L/yr

Similar Designation salaries in Bajaj Finance

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₹2.75 L/yr - ₹7.5 L/yr

Top skills at Bajaj Finance for Area Recovery Manager

Collections Auto Loans Recovery

Salary related reviews for Bajaj Finance

3.0

Rated by 2 employees for salary & benefits

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

Area Collection Manager in Navi Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 20 Dec 2024

2.0

for Salary and Benefits

Likes

They hire fresher but that too because experienced don't want to work there

Dislikes

Lot of things, from work culture to gundagiri of seniors. They ask to seat in the office without reason and forced to pay by employees pocket for target achievement

Salary - Poor

+6 more

Area Collection Manager in Raipur

Full Time

Finance & Accounting Department

1.0

• posted on 13 Oct 2023

3.0

for Salary and Benefits

Likes

Only salary and expenses if you join as a manager

Dislikes

All are very bad, management team is abusing to all employees, his HR not listening any thing about the management..... i think if you want to suside then join the company No work time your job start in 6am I don't know where is ending

Skill development - Bad

+5 more

Collection Officer in Kolkata

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

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

Salary - Bad

+6 more

Collections Manager in Kochi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 18 Sep 2022

5.0

for Salary and Benefits

Likes

Bajaj finance is a family for me , colleagues are really helpful, workstation ambiance is really wonderful , salary hikes and incentives are really good here , every year we got promotion to higher grade,and major fact about being a Bajaj finance employee is job security, if we work honest our career growth will unpredictable,

Salary - Excellent

+6 more

Dislikes

Work pressure is really huge because we are number one in finance sector in India, holidays are joke here , please don't come to work here if you are love to celebrate holidays with your family or friends! Target's are rocket here ! So you need to achieve it whatever happens 😁

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Bajaj Finance Area Recovery Manager Salary FAQs

What is the salary of Area Recovery Manager at Bajaj Finance?

Area Recovery Manager salary at Bajaj Finance in India ranges between ₹8.5 Lakhs to ₹13.0 Lakhs for experience between 12 years to 17 years. According to our estimates it is 28% more than the average Area Recovery Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Finance India.

How does the salary of a Area Recovery Manager at Bajaj Finance India compare with the average salary range for this job?

The average salary of a Area Recovery Manager at Bajaj Finance is 28% more than the average salary of a Area Recovery Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Area Recovery Manager at Bajaj Finance?

Collections, Auto Loans and Recovery are some of the popular skills required to work as a Area Recovery Manager at Bajaj Finance India.

Which similar companies are paying more than Bajaj Finance to a Area Recovery Manager in India?

Kotak Mahindra Bank Area Recovery Manager Salary - ₹9.0 Lakhs to ₹17.0 Lakhs per year
IDFC FIRST Bank Area Recovery Manager Salary - ₹9.5 Lakhs to ₹16.5 Lakhs per year

What is the salary of a Area Recovery Manager in companies similar to Bajaj Finance in India?

Piramal Capital Housing Finance Area Recovery Manager Salary - ₹6.5 Lakhs to ₹13.2 Lakhs per year
HDFC Bank Area Recovery Manager Salary - ₹6.5 Lakhs to ₹9.0 Lakhs per year
Muthoot Fincorp Area Recovery Manager Salary - ₹3.5 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Area Recovery Manager at Bajaj Finance ranges between ₹79,051 per month to ₹81,107 per month in India. The take-home salary calculation is based on the average Bajaj Finance Area Recovery Manager salary in India which ranges between ₹8.5 Lakhs to ₹13.0 Lakhs per year for employees with experience between 12 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Area Recovery Manager at Bajaj Finance?

According to AmbitionBox, 67% of the Bajaj Finance Area 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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Bajaj Finance Area Recovery Manager Salaries

Bajaj Finance Area Recovery Manager salary in India ranges between ₹8.5 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Finance latest salaries received from various employees of Bajaj Finance.