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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Bajaj Finserv Recovery Agent salaries in India (Updated 2025)

Annual salary range
1 - 4 years exp.
₹0.9 Lakh - ₹5 Lakhs
Salary of majority employees
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5% more than the average Recovery Agent Salary in Financial Services Companies for 1 - 4 years of experience

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Salaries in different departments

Finance & Accounting
Recovery Agent Salary
1 - 4 years exp. (9 salaries)
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₹1.2 L/yr - ₹3 L/yr

Customer Success, Service & Operations
Recovery Agent Salary
2 - 3 years exp. (3 salaries)
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₹2 L/yr - ₹3.5 L/yr

Sales & Business Development
Recovery Agent Salary
1 - 3 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹5 L/yr

Last Updated: 10 Feb 2025

Companies similar to Bajaj Finserv for Recovery Agent

Company name Avg Annual Salary Open Jobs
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HDFC Bank Recovery Agent Salary

0 - 5 years exp. (32 salaries)

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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 2% more
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ICICI Bank Recovery Agent Salary

0 - 4 years exp. (8 salaries)

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₹1.8 L/yr - ₹5 L/yr

arrow icon 6% more
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Axis Bank Recovery Agent Salary

0 - 5 years exp. (4 salaries)

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₹2 L/yr - ₹2.2 L/yr

arrow icon 14% less
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Kotak Mahindra Bank Recovery Agent Salary

1 - 3 years exp. (6 salaries)

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₹1.2 L/yr - ₹2.5 L/yr

arrow icon 10% less
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State Bank of India Recovery Agent Salary

0 - 6 years exp. (13 salaries)

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₹0.2 L/yr - ₹3.5 L/yr

arrow icon 30% less
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IDFC FIRST Bank Recovery Agent Salary

1 - 5 years exp. (7 salaries)

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₹1.2 L/yr - ₹3.7 L/yr

arrow icon 9% less
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IndusInd Bank Recovery Agent Salary

0 - 6 years exp. (12 salaries)

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₹1.4 L/yr - ₹3 L/yr

arrow icon 9% less
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Mahindra Finance Recovery Agent Salary

1 - 3 years exp. (4 salaries)

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₹1.5 L/yr - ₹2.9 L/yr

arrow icon 15% less
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₹9.9 L/yr - ₹12.7 L/yr

arrow icon 331% more
Recovery Agent salary at Bajaj Finserv ranges between ₹0.9 Lakh to ₹5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 42 latest salaries received from various employees of Bajaj Finserv.

Latest annual salaries shared by Bajaj Finserv Recovery Agent

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Experience wise Bajaj Finserv Recovery Agent salaries

Last Updated: 10 Feb 2025

Experience Avg Annual Salary
1 year  (21 salaries)

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₹0.9 L/yr - ₹4.5 L/yr
2 years  (11 salaries)

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₹1.3 L/yr - ₹3 L/yr
3 years  (7 salaries)

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₹1.2 L/yr - ₹5 L/yr
4 years  (3 salaries)

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₹2.6 L/yr - ₹3 L/yr

Similar Designation salaries in Bajaj Finserv

Accountant Salary
(3 salaries)
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₹3 L/yr - ₹5 L/yr
Team Lead Salary
(160 salaries)
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₹1.05 L/yr - ₹6 L/yr
Senior Analyst Salary
(4 salaries)
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₹16 L/yr - ₹28 L/yr
Analyst Salary
(16 salaries)
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₹7.03 L/yr - ₹14.03 L/yr
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₹2.15 L/yr - ₹3 L/yr
Deputy Manager Salary
(456 salaries)
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₹2.85 L/yr - ₹9.5 L/yr
Sales Manager Salary
(1k salaries)
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₹1.5 L/yr - ₹9.6 L/yr
Branch Manager Salary
(77 salaries)
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₹3.2 L/yr - ₹8 L/yr
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₹2.5 L/yr - ₹3.5 L/yr
Sales Officer Salary
(1.2k salaries)
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₹1 L/yr - ₹5 L/yr

Salary related reviews for Bajaj Finserv

3.6

Rated by 24 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 21 Dec 2023

3.0
 for  Salary and Benefits

Likes

One thing I like about Bajaj Finance is..even if the name of Bajaj Finance is taken, people respect it.. this company has earned a lot of reputation.. As I am a recovery agent, whenever I used to meet or contact a Coustomer, that Coustomer.. I used to respect the name of Bajaj Finance.. Thank you Bajaj.. Thank you from the bottom of my heart

read more
  • Skill development - Excellent
  • +5 more

Dislikes

As a personal loan recovery agent, one thing I have come to know is that the salary of recovery agent (DCA) is very low. 10 to 12 thousand only.. Recovery agent makes full recovery, listens to Coustomer's talk, abuse.. that's all or sometimes he also gets threat of fight from Coustomer.. and same person gets very less salary.. this one thing is not liked.

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Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 30 Nov 2024

5.0
 for  Salary and Benefits

Likes

Work and experience is very high level and salary and incentive next leven but office politics is very high level no stuck promotion and manger support zero pressure hight level.

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  • Salary - Excellent
  • +2 more

Dislikes

Working culture is very boring and must pressur be like manger will more pressure me how to you do bussiness and conversion

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  • Job security - Bad
  • +2 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 27 Nov 2024

2.0
 for  Salary and Benefits

Likes

Collegue .. work as a team... And i love bajaj finance as i saw my brother did job here ..

  • Skill development - Excellent
  • +1 more

Dislikes

In my location no appraisals, promotion happen .. salary is too low compare to other locations. . Lastly have to work in everything .. alltime con call..

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  • Salary - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 03 Oct 2024

3.0
 for  Salary and Benefits

Likes

Here salary is paid on time

Dislikes

There is a lot of pressure in working and achieve the target, they even abuse their employees. The customer has to give wrong information and the card is sent through wrong communication

read more
  • Skill development - Poor
  • +5 more

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 27 Aug 2024

5.0
 for  Salary and Benefits

Likes

Salary and challenges are good. All team supported each other All team works do in this job.seniors very supported their own boys.Attractive incentive much competition all company .Bajaj is multinational company which growth develop market

read more
  • Salary - Excellent
  • +6 more

Dislikes

Working on every Sunday is worst part.Even we are working hard and honesty but no increase salary every year.in this job no holidays and no sunday special leave. There is no work life

read more
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Bajaj Finserv Recovery Agent Salary FAQs

What is the salary of Recovery Agent at Bajaj Finserv ?
The average salary of a Recovery Agent at Bajaj Finserv in India typically ranges from ₹0.9 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Recovery Agent at Bajaj Finserv earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Recovery Agent Salaries at Bajaj Finserv 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 Finserv employees in India.
What is the estimated take home salary of a Recovery Agent at Bajaj Finserv in India?
The estimated take-home salary of a Recovery Agent at Bajaj Finserv in India typically ranges from ₹17,905 to ₹19,600 per month. This is based on the average salary range of ₹0.9 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 4 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 Finserv. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bajaj Finserv for Recovery Agent in India?
American Express ₹9.9 Lakhs to ₹12.7 Lakhs per year
ICICI Bank ₹1.8 Lakhs to ₹5.0 Lakhs per year
HDFC Bank ₹1.2 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Finserv, depending on the role and experience level.
What is the salary of a Recovery Agent in companies similar to Bajaj Finserv in India?
The salary of a Recovery Agent at companies similar to Bajaj Finserv in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDFC FIRST Bank ₹1.2 Lakhs to ₹3.7 Lakhs per year
IndusInd Bank ₹1.4 Lakhs to ₹3.0 Lakhs per year
Kotak Mahindra Bank ₹1.2 Lakhs to ₹2.5 Lakhs per year
Axis Bank ₹2.0 Lakhs to ₹2.2 Lakhs per year
Mahindra Finance ₹1.5 Lakhs to ₹2.9 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 Agent at Bajaj Finserv in India?
The salary growth for a Recovery Agent at Bajaj Finserv depends on factors such as experience, performance, and promotions. On average, a Recovery Agent can expect the following growth trajectory at Bajaj Finserv:

Experience Average Salary Range
1 year ₹0.9 Lakhs to ₹4.5 Lakhs per year
2 years ₹1.3 Lakhs to ₹3.0 Lakhs per year
3 years ₹1.2 Lakhs to ₹5.0 Lakhs per year
4 years ₹2.6 Lakhs to ₹3.0 Lakhs per year
and so on.

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Bajaj Finserv Recovery Agent salary in India ranges between ₹0.9 Lakh to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 42 Bajaj Finserv latest salaries received from various employees of Bajaj Finserv.