Bandhan Bank Recovery Manager Salaries by 4 Employees (Updated 2024)

1 - 13 years exp.

₹1.8 Lakh - ₹6 Lakhs

Low Confidence

Salary of majority employees

29% less than the average Recovery Manager Salary in Banking Companies for 1 - 13 years of experience

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Last Updated: 8 May 2024

Companies similar to Bandhan Bank for Recovery Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Recovery Manager Salary 5 - 18 years exp. (18 salaries)	₹3.1 L/yr - ₹12.7 L/yr 94% more
ICICI Bank Recovery Manager Salary 2 - 13 years exp. (5 salaries)	₹5.5 L/yr - ₹9 L/yr 87% more
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Axis Bank Recovery Manager Salary 5 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹9 L/yr 31% more
Kotak Mahindra Bank Recovery Manager Salary 1 - 14 years exp. (25 salaries)	₹1.8 L/yr - ₹8.4 L/yr 18% more
IndusInd Bank Recovery Manager Salary 13 - 17 years exp. (3 salaries)	₹8.5 L/yr - ₹11 L/yr 144% more
RBL Bank Recovery Manager Salary 0 - 12 years exp. (12 salaries)	₹3.3 L/yr - ₹11 L/yr 65% more
IDFC FIRST Bank Recovery Manager Salary 2 - 10 years exp. (54 salaries)	₹5.2 L/yr - ₹10 L/yr 104% more
IDBI Bank Recovery Manager Salary 7 - 16 years exp. (6 salaries)	₹10.8 L/yr - ₹15.5 L/yr 251% more
Karur Vysya Bank Recovery Manager Salary 5 - 9 years exp. (3 salaries)	₹7 L/yr - ₹8.6 L/yr 101% more

Recovery Manager salary at Bandhan Bank ranges between ₹1.8 Lakh to ₹6 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Bandhan Bank.

Experience wise Bandhan Bank Recovery Manager salaries

Last Updated: 8 May 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹1.8 L/yr
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.9 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.5 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
11 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
12 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
13 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6 L/yr

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Salary related reviews for Bandhan Bank

5.0

Rated by 1 employees for salary & benefits

Deputy Manager in Mumbai

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

Dislikes

All are dislike

Deputy Manager in Ghaziabad

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.

Area Manager in Hoshangabad

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

Dislikes

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

Deputy Manager in Pune

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.

Dislikes

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

Branch Manager in Seoni

Full Time

Finance & Accounting Department

5.0

• posted on 15 Oct 2020

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisal are fair and they give good salary hike and bonus every year.

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Bandhan Bank Recovery Manager Salary FAQs

What is the salary of Recovery Manager at Bandhan Bank?

Recovery Manager salary at Bandhan Bank in India ranges between ₹1.8 Lakhs to ₹6.0 Lakhs for experience between 1 years to 13 years. According to our estimates it is 29% less than the average Recovery Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bandhan Bank India.

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

The average salary of a Recovery Manager at Bandhan Bank is 29% 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 Bandhan Bank to a Recovery Manager in India?

IDBI Bank Recovery Manager Salary - ₹10.8 Lakhs to ₹15.5 Lakhs per year
IndusInd Bank Recovery Manager Salary - ₹8.5 Lakhs to ₹11.0 Lakhs per year
IDFC FIRST Bank Recovery Manager Salary - ₹5.2 Lakhs to ₹10.0 Lakhs per year
Karur Vysya Bank Recovery Manager Salary - ₹7.0 Lakhs to ₹8.6 Lakhs per year
HDFC Bank Recovery Manager Salary - ₹3.1 Lakhs to ₹12.7 Lakhs per year

What is the salary of a Recovery Manager in companies similar to Bandhan Bank in India?

ICICI Bank Recovery Manager Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year
RBL Bank Recovery Manager Salary - ₹3.3 Lakhs to ₹11.0 Lakhs per year
Axis Bank Recovery Manager Salary - ₹3.6 Lakhs to ₹9.0 Lakhs per year
Kotak Mahindra Bank Recovery Manager Salary - ₹1.8 Lakhs to ₹8.4 Lakhs per year

What is the estimated take home salary of a Recovery Manager at Bandhan Bank in India?

The estimated take-home salary of a Recovery Manager at Bandhan Bank ranges between ₹28,116 per month to ₹29,508 per month in India. The take-home salary calculation is based on the average Bandhan Bank Recovery Manager salary in India which ranges between ₹1.8 Lakhs to ₹6.0 Lakhs per year for employees with experience between 1 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Recovery Manager at Bandhan Bank?

According to AmbitionBox, 60% of the Bandhan Bank Recovery Managers reported a notice period of 1 Month, 40% reported a notice period of More than 3 months.This is based on 5 responses on AmbitionBox in last 2 years.

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Bandhan Bank Recovery Manager Salaries

Bandhan Bank Recovery Manager salary in India ranges between ₹1.8 Lakh to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bandhan Bank latest salaries received from various employees of Bandhan Bank.