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Bandhan Bank Area Recovery Manager salaries in India (Updated 2025)

Annual salary range
10 - 19 years exp.
₹6 Lakhs - ₹10 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.
Salary of majority employees
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At par with the average Area Recovery Manager Salary in Banking Companies for 10 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Recovery Manager Salary
10 - 15 years exp. (3 salaries)
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₹6.6 L/yr - ₹10 L/yr

Finance & Accounting
Area Recovery Manager Salary
12 - 19 years exp. (3 salaries)
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₹6 L/yr - ₹9.5 L/yr

Last Updated: 21 Jan 2025

Companies similar to Bandhan Bank for Area Recovery Manager

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

7 - 16 years exp. (10 salaries)

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₹9.5 L/yr - ₹16.5 L/yr

arrow icon 58% more
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₹9 L/yr - ₹17 L/yr

arrow icon 67% more
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HDFC Bank Area Recovery Manager Salary

6 - 18 years exp. (3 salaries)

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₹6.5 L/yr - ₹9 L/yr

arrow icon 2% less
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₹6.5 L/yr - ₹13.2 L/yr

arrow icon 32% more
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Muthoot Fincorp Area Recovery Manager Salary

4 - 11 years exp. (12 salaries)

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₹3.5 L/yr - ₹5 L/yr

arrow icon 48% less
Area Recovery Manager salary at Bandhan Bank ranges between ₹6 Lakhs to ₹10 Lakhs per year for employees with experience between 10 years to 19 years. Salary estimates are based on 7 latest salaries received from various employees of Bandhan Bank.

Latest annual salaries shared by Bandhan Bank Area Recovery Manager

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12 years exp.
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19 years exp.
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15 years exp.
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17 years exp.
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18 years exp.
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11 years exp.
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10 years exp.

Experience wise Bandhan Bank Area Recovery Manager salaries

Last Updated: 21 Jan 2025

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹6.6 L/yr - ₹12 L/yr
11 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹7.6 L/yr
12 years (AmbitionBox Estimate)

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₹6 L/yr - ₹13.3 L/yr
13 years (AmbitionBox Estimate)

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₹7 L/yr - ₹8.9 L/yr
14 years (AmbitionBox Estimate)

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₹7.3 L/yr - ₹9.3 L/yr
View all

Similar Designation salaries in Bandhan Bank

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₹1.8 L/yr - ₹6 L/yr
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₹3.43 L/yr - ₹12.66 L/yr
Agency Manager Salary
(AmbitionBox Estimate)
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₹8.5 L/yr - ₹10.8 L/yr
Area Manager Salary
(431 salaries)
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₹2.64 L/yr - ₹9.96 L/yr
Branch Manager Salary
(447 salaries)
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₹3.99 L/yr - ₹20.28 L/yr
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₹2.72 L/yr - ₹9.85 L/yr
Cluster Manager Salary
(13 salaries)
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₹2.84 L/yr - ₹7.7 L/yr
Deputy Manager Salary
(1.5k salaries)
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₹2.45 L/yr - ₹8 L/yr
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₹1.55 L/yr - ₹8.99 L/yr
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₹15 L/yr - ₹27 L/yr

Salary related reviews for Bandhan Bank

3.8

Rated by 2 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 09 Dec 2024

1.0
 for  Salary and Benefits

Likes

Absolutely Nothing

Dislikes

...ionals of a bank should be qualified enough to carry the dignity of the same. 5. Salary- The amount of baggage you will be carrying is nothing compared to your salary. 6. Products- You can not compete with Bandhan’s product with other banks except FDs 7. Attendance- Sign in & Sign out is compulsory, even if you’re at a customer call at 7 PM , you have to come back to office to sign out from the system. This may vary from branch to branch. There are a lot more than these , just nobody should join bandhan bank, at least those people who actually wants to work at a bank.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 03 Jul 2024

1.0
 for  Salary and Benefits

Likes

Worst bank to work with. April bonus is due more than 3 months now but seems no sign of bonus payment yet. Even if someone gets 30% hike i recommend not join Bhandhan bank. Employee turnover is very high and the culture is very bad

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Dislikes

All are dislike

  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 08 May 2024

3.0
 for  Salary and Benefits

Likes

Good pay scale with higher appraisal than most banks.

Dislikes

Toxic work culture some other institution managers came and destroyed the work life balance to junior employees. Time of office is 9:00am to 6:00pm but they release you after 8:00pm.

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  • Skill development - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 11 Sep 2023

4.0
 for  Salary and Benefits

Likes

The only thing to like about Bandhan is that it is bank you get 2 weekoffs every alternate Saturdays and salary is also nic

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  • Salary - Good
  • +1 more

Dislikes

Every thing in Bahrain to dislike, no infrastructure, no timings you can work for 15 hours in a day, staff shortage, terrible office

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  • Skill development - Poor
  • +2 more

Full Time

 · 

Mumbai Department

4.0
  •  posted on 08 Feb 2022

3.0
 for  Salary and Benefits

Likes

Good work environment but some new employee are not good. Culture is good. Company policies are good.

  • Skill development - Good
  • +1 more

Dislikes

There is a lot of policies and management doesn't support employee. Salary doesn't groth and career growth is slow.

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Bandhan Bank Area Recovery Manager Salary FAQs

What is the salary of Area Recovery Manager at Bandhan Bank ?
The average salary of a Area Recovery Manager at Bandhan Bank in India typically ranges from ₹6.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 10 years to 19 years).

The top 10% of Area Recovery Manager at Bandhan Bank earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Area Recovery Manager Salaries at Bandhan Bank 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 Bandhan Bank employees in India.
What is the estimated take home salary of a Area Recovery Manager at Bandhan Bank in India?
The estimated take-home salary of a Area Recovery Manager at Bandhan Bank in India typically ranges from ₹60,681 to ₹62,217 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 10 years to 19 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 Bandhan Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bandhan Bank for Area Recovery Manager in India?
Kotak Mahindra Bank ₹9.0 Lakhs to ₹17.0 Lakhs per year
IDFC FIRST Bank ₹9.5 Lakhs to ₹16.5 Lakhs per year
Piramal Capital Housing Finance ₹6.5 Lakhs to ₹13.2 Lakhs per year

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

HDFC Bank ₹6.5 Lakhs to ₹9.0 Lakhs per year
Muthoot Fincorp ₹3.5 Lakhs to ₹5.0 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 Area Recovery Manager at Bandhan Bank in India?
The salary growth for a Area Recovery Manager at Bandhan Bank depends on factors such as experience, performance, and promotions. On average, a Area Recovery Manager can expect the following growth trajectory at Bandhan Bank:

Experience Average Salary Range
10 years ₹6.6 Lakhs to ₹12.0 Lakhs per year
11 years ₹2.8 Lakhs to ₹7.6 Lakhs per year
12 years ₹6.0 Lakhs to ₹13.3 Lakhs per year
13 years ₹7.0 Lakhs to ₹8.9 Lakhs per year
and so on.

Tell us how to improve this page.

Bandhan Bank Area Recovery Manager salary in India ranges between ₹6 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Bandhan Bank latest salaries received from various employees of Bandhan Bank.