Bajaj Finserv Hyderabad / Secunderabad Recovery Agent Salaries by 4 Employees

1 - 6 years exp.

₹1.5 Lakh - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Recovery Agent Salary in Financial Services Companies for 1 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Recovery Agent Salary 6 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹3.5 L/yr
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Finance & Accounting Recovery Agent Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹3 L/yr

Last Updated: 9 Oct 2024

Companies similar to Bajaj Finserv for Recovery Agent in Hyderabad / Secunderabad

Bajaj Finserv Recovery Agent Salary

1 - 6 years exp. (4 salaries)

₹1.5 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Collman Services Recovery Agent Salary 0 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹3 L/yr 13% less
Bajaj Finance Recovery Agent Salary 0 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹3.3 L/yr 7% less
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Balaji Associates Recovery Agent Salary 1 - 3 years exp. (3 salaries)	₹2 L/yr - ₹2.6 L/yr 3% less
Bajaj Electricals Recovery Agent Salary 2 - 4 years exp. (3 salaries)	₹2.7 L/yr - ₹3.5 L/yr 22% more
IKEA Recovery Agent Salary 1 - 3 years exp. (3 salaries)	₹2.9 L/yr - ₹4 L/yr 47% more

Recovery Agent salary at Bajaj Finserv ranges between ₹1.5 Lakh to ₹3.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Finserv.

Experience wise Bajaj Finserv Recovery Agent salaries in Hyderabad / Secunderabad

Last Updated: 9 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

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Similar Designation salaries in Bajaj Finserv

Sales Officer Salary

(157 salaries)

₹1.1 L/yr - ₹5 L/yr

Sales Manager Salary

(122 salaries)

₹2.4 L/yr - ₹8.95 L/yr

Team Lead Salary

(15 salaries)

₹2 L/yr - ₹5 L/yr

Salary related reviews for Bajaj Finserv

5.0

Rated by 1 employees for salary & benefits

Recovery Agent in Hingoli

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

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.

Finance Executive in Pune

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.

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

Job security - Bad

+2 more

Sales Officer in Bagnan

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..

Salary - Poor

+1 more

Sales Officer in Mumbai

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

Skill development - Poor

+5 more

Sales Officer in Samastipur

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

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bajaj Finserv Recovery Agent Salary FAQs

What is the salary of Recovery Agent at Bajaj Finserv in Hyderabad / Secunderabad?

The average salary of a Recovery Agent at Bajaj Finserv in Hyderabad / Secunderabad typically ranges from ₹1.5 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Recovery Agent in Hyderabad / Secunderabad at Bajaj Finserv earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 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 4 Bajaj Finserv employees in India.

What is the estimated take home salary of a Recovery Agent at Bajaj Finserv in Hyderabad / Secunderabad?

The estimated take-home salary of a Recovery Agent at Bajaj Finserv in Hyderabad / Secunderabad typically ranges from ₹17,189 to ₹18,894 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 1 year to 6 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 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?

IKEA	₹2.9 Lakhs to ₹4.0 Lakhs per year
Bajaj Electricals	₹2.7 Lakhs to ₹3.5 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 Hyderabad / Secunderabad?

The salary of a Recovery Agent at companies similar to Bajaj Finserv in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Balaji Associates	₹2.0 Lakhs to ₹2.6 Lakhs per year
Bajaj Finance	₹1.5 Lakhs to ₹3.3 Lakhs per year
Collman Services	₹1.8 Lakhs to ₹3.0 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 Agent at Bajaj Finserv in Hyderabad / Secunderabad?

The salary growth for a Recovery Agent at Bajaj Finserv in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Recovery Agent in Hyderabad / Secunderabad can expect the following growth trajectory at Bajaj Finserv:

Experience	Average Salary Range
1 year	₹1.7 Lakhs to ₹2.2 Lakhs per year
2 years	₹1.9 Lakhs to ₹2.4 Lakhs per year
3 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
4 years	₹2.3 Lakhs to ₹3.0 Lakhs per year

and so on.

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Bajaj Finserv Recovery Agent Salaries in Hyderabad / Secunderabad

Bajaj Finserv Recovery Agent salary in Hyderabad / Secunderabad ranges between ₹1.5 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Finserv latest salaries received from various employees of Bajaj Finserv.