Bajaj Finserv Recovery Manager Salaries by 7 Employees

3 - 6 years exp.

₹2.3 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

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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)	Unlock ₹4.5 L/yr - ₹4.8 L/yr
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Sales & Business Development Recovery Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	Unlock ₹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
HDFC Bank Recovery Manager Salary 5 - 18 years exp. (17 salaries)	Unlock ₹3.5 L/yr - ₹13.5 L/yr 104% more
ICICI Bank Recovery Manager Salary 2 - 13 years exp. (5 salaries)	Unlock ₹5.5 L/yr - ₹9 L/yr 94% more
Login to view exact salary
Axis Bank Recovery Manager Salary 5 - 6 years exp. (4 salaries)	Unlock ₹3.6 L/yr - ₹9 L/yr 36% more
Kotak Mahindra Bank Recovery Manager Salary 1 - 14 years exp. (23 salaries)	Unlock ₹1.8 L/yr - ₹8.4 L/yr 27% more
IDFC FIRST Bank Recovery Manager Salary 1 - 10 years exp. (65 salaries)	Unlock ₹4 L/yr - ₹10 L/yr 107% more
IndusInd Bank Recovery Manager Salary 13 - 17 years exp. (3 salaries)	Unlock ₹8.5 L/yr - ₹11 L/yr 153% more
Mahindra Finance Recovery Manager Salary 4 - 11 years exp. (5 salaries)	Unlock ₹3.1 L/yr - ₹4.5 L/yr 6% 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.

Experience wise Bajaj Finserv Recovery Manager salaries

Last Updated: 14 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹1.5 L/yr - ₹3.8 L/yr
4 years (3 salaries)	Unlock ₹2.3 L/yr - ₹5 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹2.3 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹6.8 L/yr

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Salary related reviews for Bajaj Finserv

4.8

Rated by 4 employees for salary & benefits

Collections Manager in Kozhikode

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.

Salary - Bad

+4 more

Area Manager in Guwahati

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.

Salary - Poor

+6 more

Collections Manager in Jagatsinghapur

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.

Salary - Excellent

+6 more

Dislikes

No dislike....🥰

Sales Executive in Vijayawada

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....

Salary - Poor

+2 more

Deputy Manager in Mirzapur

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.

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.

Skill development - Bad

+3 more

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Bajaj Finserv Recovery Manager Salary FAQs

What is the salary of Recovery Manager at Bajaj Finserv?

Recovery Manager salary at Bajaj Finserv in India ranges between ₹2.3 Lakhs to ₹5.0 Lakhs for experience between 3 years to 6 years. According to our estimates it is 31% less than the average Recovery Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Bajaj Finserv India.

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

The average salary of a Recovery Manager at Bajaj Finserv is 31% less than the average salary of a Recovery Manager in India. To know exact salary insights, login to view.

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

IndusInd Bank Recovery Manager Salary - ₹8.5 Lakhs to ₹11.0 Lakhs per year
IDFC FIRST Bank Recovery Manager Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
HDFC Bank Recovery Manager Salary - ₹3.5 Lakhs to ₹13.5 Lakhs per year
ICICI Bank Recovery Manager Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year
Axis Bank Recovery Manager Salary - ₹3.6 Lakhs to ₹9.0 Lakhs per year

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

Kotak Mahindra Bank Recovery Manager Salary - ₹1.8 Lakhs to ₹8.4 Lakhs per year
Mahindra Finance Recovery Manager Salary - ₹3.1 Lakhs to ₹4.5 Lakhs per year

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 ranges between ₹27,076 per month to ₹28,483 per month in India. The take-home salary calculation is based on the average Bajaj Finserv Recovery Manager salary in India which ranges between ₹2.3 Lakhs to ₹5.0 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Recovery Manager at Bajaj Finserv?

According to AmbitionBox, 45% of the Bajaj Finserv Recovery Managers reported a notice period of 15 days or less, 37% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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Bajaj Finserv Recovery Manager Salaries

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