Bajaj Finserv Recovery Officer Salaries by 40+ Employees (Updated 2025)

1 - 6 years exp.

₹1.4 Lakh - ₹4 Lakhs

Salary of majority employees

7% more than the average Recovery Officer Salary in Financial Services Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting Recovery Officer Salary 1 - 5 years exp. (9 salaries)	₹1.8 L/yr - ₹3.5 L/yr
BFSI, Investments & Trading Recovery Officer Salary 2 - 6 years exp. (8 salaries)	₹2.1 L/yr - ₹4 L/yr
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Customer Success, Service & Operations Recovery Officer Salary 2 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹3 L/yr
Marketing & Communication Recovery Officer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.9 L/yr
Sales & Business Development Recovery Officer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.2 L/yr

Last Updated: 1 Feb 2025

Companies similar to Bajaj Finserv for Recovery Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Recovery Officer Salary 1 - 7 years exp. (32 salaries)	₹1.8 L/yr - ₹4.5 L/yr At par
ICICI Bank Recovery Officer Salary 0 - 8 years exp. (15 salaries)	₹1.5 L/yr - ₹3.4 L/yr 18% less
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Axis Bank Recovery Officer Salary 1 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹2.5 L/yr 16% less
Kotak Mahindra Bank Recovery Officer Salary 0 - 5 years exp. (13 salaries)	₹1.7 L/yr - ₹2.7 L/yr 24% less
IndusInd Bank Recovery Officer Salary 1 - 3 years exp. (5 salaries)	₹1.8 L/yr - ₹2.5 L/yr 27% less
IDFC FIRST Bank Recovery Officer Salary 1 - 4 years exp. (8 salaries)	₹2 L/yr - ₹3 L/yr 16% less
RBL Bank Recovery Officer Salary 2 - 13 years exp. (4 salaries)	₹0.4 L/yr - ₹5.8 L/yr 2% less
Tata Capital Recovery Officer Salary 0 - 1 year exp. (3 salaries)	₹1.5 L/yr - ₹7.3 L/yr 27% more
Mahindra Finance Recovery Officer Salary 0 - 9 years exp. (29 salaries)	₹1.8 L/yr - ₹3.6 L/yr 6% less
Edelweiss Recovery Officer Salary 2 - 4 years exp. (4 salaries)	₹3 L/yr - ₹3.8 L/yr 13% more
Motilal Oswal Financial Services Recovery Officer Salary 1 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹3.3 L/yr 13% less
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Shriram Group Recovery Officer Salary 2 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹2.6 L/yr 13% less
Stock Holding Corporation of India Recovery Officer Salary 3 - 31 years exp. (3 salaries)	₹1 L/yr - ₹1.7 L/yr 54% less

Recovery Officer salary at Bajaj Finserv ranges between ₹1.4 Lakh to ₹4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 49 latest salaries received from various employees of Bajaj Finserv.

Experience wise Bajaj Finserv Recovery Officer salaries

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
1 year (7 salaries)	₹2 L/yr - ₹3.6 L/yr
2 years (14 salaries)	₹1.4 L/yr - ₹3.5 L/yr
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3 years (6 salaries)	₹2 L/yr - ₹4 L/yr
4 years (6 salaries)	₹1.8 L/yr - ₹3.6 L/yr
5 years (9 salaries)	₹2.5 L/yr - ₹4 L/yr
6 years (7 salaries)	₹2.5 L/yr - ₹4 L/yr

View all

From

Recovery Officer

₹

Lakhs/yr

1 - 6 years exp.

Zonal Sales Manager

₹

Lakhs/yr

10 - 19 years exp.

Recovery Officer 1 - 6 years exp.

Assistant Collections Manager 1 - 6 years exp.

34% hike

Collections Manager 0 - 10 years exp.

29% hike

From

5 more levels

Recovery Officer

1 - 6 years exp.

Senior Regional Sales Manager

9 - 19 years exp.

View 2 more career paths

From

4 more levels

Recovery Officer

1 - 6 years exp.

Senior Cluster Manager

6 - 18 years exp.

From

3 more levels

Recovery Officer

1 - 6 years exp.

Senior Area Collection Manager

5 - 17 years exp.

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Salary related reviews for Bajaj Finserv

4.5

Rated by 30 employees for salary & benefits

Recovery Officer in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

2.0

• posted on 20 Mar 2021

1.0

for Salary and Benefits

Likes

Iam working as a recovery officer I'm in off role though Team lease agency I am not get as much they committed to me salary. No benefits, no allowances also My reporting manager also very ruthless Treated as his own employee.

Skill development - Good

Dislikes

Salary - Bad
Job security - Poor

+4 more

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

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Bajaj Finserv Recovery Officer Salary FAQs

What is the salary of Recovery Officer at Bajaj Finserv?

Recovery Officer salary at Bajaj Finserv in India ranges between ₹1.4 Lakhs to ₹4.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 7% more than the average Recovery Officer Salary in India. Salary estimates are based on 49 latest salaries received from various employees of Bajaj Finserv India.

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

The average salary of a Recovery Officer at Bajaj Finserv is 7% more than the average salary of a Recovery Officer in India. To know exact salary insights, login to view.

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

Tata Capital Recovery Officer Salary - ₹1.5 Lakhs to ₹7.3 Lakhs per year
Edelweiss Recovery Officer Salary - ₹3.0 Lakhs to ₹3.8 Lakhs per year
HDFC Bank Recovery Officer Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year

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

RBL Bank Recovery Officer Salary - ₹0.4 Lakhs to ₹5.8 Lakhs per year
Mahindra Finance Recovery Officer Salary - ₹1.8 Lakhs to ₹3.6 Lakhs per year
Motilal Oswal Financial Services Recovery Officer Salary - ₹2.1 Lakhs to ₹3.3 Lakhs per year
Shriram Group Recovery Officer Salary - ₹2.3 Lakhs to ₹2.6 Lakhs per year
IDFC FIRST Bank Recovery Officer Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Recovery Officer at Bajaj Finserv in India?

The estimated take-home salary of a Recovery Officer at Bajaj Finserv ranges between ₹20,319 per month to ₹21,977 per month in India. The take-home salary calculation is based on the average Bajaj Finserv Recovery Officer salary in India which ranges between ₹1.4 Lakhs to ₹4.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 47% of the Bajaj Finserv Recovery Officers reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 58 responses on AmbitionBox in last 2 years.

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Bajaj Finserv Recovery Officer Salaries by Location

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Bajaj Finserv Recovery Officer Salaries

Bajaj Finserv Recovery Officer salary in India ranges between ₹1.4 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 49 Bajaj Finserv latest salaries received from various employees of Bajaj Finserv.

Bajaj Finserv Recovery Officer salaries in India

Companies similar to Bajaj Finserv for Recovery Officer

Latest annual salaries shared by Bajaj Finserv Recovery Officer

Experience wise Bajaj Finserv Recovery Officer salaries

Similar Designation salaries in Bajaj Finserv

Salary related reviews for Bajaj Finserv

Recovery Officer in Hyderabad / Secunderabad

Finance Executive in Pune

Sales Officer in Bagnan

Sales Officer in Mumbai

Sales Officer in Samastipur

Bajaj Finserv Recovery Officer Salary FAQs

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Bajaj Finserv Recovery Officer Salaries by Location