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Bajaj Finserv Recovery Manager salaries in India

Annual salary range
3 - 6 years exp.
₹2.3 Lakhs - ₹5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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31% less than the average Recovery Manager Salary in Financial Services Companies for 3 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Recovery Manager Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹4.8 L/yr

Sales & Business Development
Recovery Manager Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹5 L/yr

Last Updated: 14 Nov 2024

Companies similar to Bajaj Finserv for Recovery Manager

Company name Avg Annual Salary Open Jobs
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IDFC FIRST Bank Recovery Manager Salary

1 - 10 years exp. (65 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 107% more
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Shriram Finance Recovery Manager Salary

4 - 14 years exp. (28 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 3% less
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Kotak Mahindra Bank Recovery Manager Salary

1 - 14 years exp. (23 salaries)

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₹1.8 L/yr - ₹8.4 L/yr

arrow icon 27% more
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HDFC Bank Recovery Manager Salary

5 - 18 years exp. (17 salaries)

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₹3.5 L/yr - ₹13.5 L/yr

arrow icon 104% more
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₹2.5 L/yr - ₹5.2 L/yr

arrow icon 7% more
Recovery Manager salary at Bajaj Finserv ranges between ₹2.3 Lakhs to ₹5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Bajaj Finserv.

Latest annual salaries shared by Bajaj Finserv Recovery Manager

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Experience wise Bajaj Finserv Recovery Manager salaries

Last Updated: 14 Nov 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹3.8 L/yr
4 years  (3 salaries)

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₹2.3 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹6.8 L/yr

Similar Designation salaries in Bajaj Finserv

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(294 salaries)
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₹8 L/yr - ₹28 L/yr
Deputy Manager Salary
(408 salaries)
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₹2.85 L/yr - ₹10 L/yr
Debt Manager Salary
(32 salaries)
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₹3.05 L/yr - ₹8 L/yr
Agency Manager Salary
(12 salaries)
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₹2.15 L/yr - ₹7 L/yr
Area Manager Salary
(235 salaries)
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₹4.75 L/yr - ₹15.5 L/yr
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₹6.45 L/yr - ₹8 L/yr
Branch Manager Salary
(70 salaries)
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₹3.2 L/yr - ₹8 L/yr
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₹1.2 L/yr - ₹8.5 L/yr
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₹1.8 L/yr - ₹6 L/yr
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₹4.45 L/yr - ₹15 L/yr

Salary related reviews for Bajaj Finserv

4.8

Rated by 4 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 28 Nov 2024

1.0
 for  Salary and Benefits

Likes

No likes

  • Skill development - Good
  • +1 more

Dislikes

...ht also concall tourchering. Acms forces to make fund in month end . Full loss. Bajaj lending money to customers without looking repayment capacity, and recruiting Collection RO s and force them to pay customers debts 😃. I only worked 1 year, in Major location . I lost lots of money . Now I resigned , now new pigs are ready for them .there only 1 relaxation no strict office timing , wherever getting tourchering abusive languages from top level management. Bajaj is a good company ,I think the middle level managers creating such waste things .that will spoil most of them carrier journey.i am also a member.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 03 Oct 2024

2.0
 for  Salary and Benefits

Likes

Compensation you gets you salary on time. That's it.

Dislikes

No work life balance, no Holiday, not even Sunday, even on National holiday such as Independent day we are asking to work from home, no timeing of work hour, it starts from morning 9:00 until your work for the day is done, it hardly end before 10:00 pm. HR team are toothless people they don't have any say on employees welfare.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 19 Jun 2024

5.0
 for  Salary and Benefits

Likes

...ile they are very flexible, they demand output and even reward you for the same. The bonus and incentive structure are very attractive and the growth opportunities presented here are almost twice compared to any other place. Open culture, very start-up-like, wear what you want, feel comfortable and stay driven at all times.

read more
  • Salary - Excellent
  • +6 more

Dislikes

No dislike....🥰

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 16 Apr 2024

2.0
 for  Salary and Benefits

Likes

It Helps me increase my communication skills with complete strangers

  • Skill development - Good
  • +1 more

Dislikes

There's no work life balance, we need to work on holidays and weekends and what not the salary and the benefits were nothing more than a shitt....

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 24 Jan 2025

4.0
 for  Salary and Benefits

Likes

Only salary is the thing which is liked about Bajaj Finserv, otherwise there is nothing in this company which anyone can like.

read more
  • Salary - Good
  • +1 more

Dislikes

Working Environment, misbehaviour, poor work life balance, there is no working time in the company and many more things which I don't like about them.

read more
  • Skill development - Bad
  • +3 more
see more salary related reviews

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Bajaj Finserv Recovery Manager Salary FAQs

What is the salary of Recovery Manager at Bajaj Finserv ?
The average salary of a Recovery Manager at Bajaj Finserv in India typically ranges from ₹2.3 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Recovery Manager at Bajaj Finserv earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Recovery Manager 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 7 Bajaj Finserv employees in India.
What is the estimated take home salary of a Recovery Manager at Bajaj Finserv in India?
The estimated take-home salary of a Recovery Manager at Bajaj Finserv in India typically ranges from ₹27,076 to ₹28,483 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 3 years 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 7 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 Manager in India?
IDFC FIRST Bank ₹4.0 Lakhs to ₹10.0 Lakhs per year
HDFC Bank ₹3.5 Lakhs to ₹13.5 Lakhs per year
Kotak Mahindra Bank ₹1.8 Lakhs to ₹8.4 Lakhs per year
Piramal Capital Housing Finance ₹2.5 Lakhs to ₹5.2 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 Manager in companies similar to Bajaj Finserv in India?
The salary of a Recovery Manager at companies similar to Bajaj Finserv in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shriram Finance ₹2.0 Lakhs to ₹6.0 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 Manager at Bajaj Finserv in India?
The salary growth for a Recovery Manager at Bajaj Finserv depends on factors such as experience, performance, and promotions. On average, a Recovery Manager can expect the following growth trajectory at Bajaj Finserv:

Experience Average Salary Range
3 years ₹1.5 Lakhs to ₹3.8 Lakhs per year
4 years ₹2.3 Lakhs to ₹5.0 Lakhs per year
5 years ₹2.3 Lakhs to ₹4.5 Lakhs per year
6 years ₹3.5 Lakhs to ₹6.8 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Finserv Recovery Manager salary in India ranges between ₹2.3 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Bajaj Finserv latest salaries received from various employees of Bajaj Finserv.