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Bandhan Bank Recovery Manager salaries in India

Annual salary range
1 - 13 years exp.
₹1.8 Lakh - ₹6 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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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
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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 97% more
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ICICI Bank Recovery Manager Salary

2 - 13 years exp. (5 salaries)

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₹5.5 L/yr - ₹9 L/yr

arrow icon 87% more
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Axis Bank Recovery Manager Salary

5 - 6 years exp. (4 salaries)

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₹3.6 L/yr - ₹9 L/yr

arrow icon 31% more
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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 23% more
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IndusInd Bank Recovery Manager Salary

13 - 17 years exp. (3 salaries)

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₹8.5 L/yr - ₹11 L/yr

arrow icon 144% more
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RBL Bank Recovery Manager Salary

0 - 12 years exp. (11 salaries)

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₹3.3 L/yr - ₹11 L/yr

arrow icon 59% more
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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 100% more
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IDBI Bank Recovery Manager Salary

7 - 16 years exp. (5 salaries)

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₹10.8 L/yr - ₹15.5 L/yr

arrow icon 256% more
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Karur Vysya Bank Recovery Manager Salary

5 - 12 years exp. (4 salaries)

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₹7 L/yr - ₹8.6 L/yr

arrow icon 107% 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.

Latest annual salaries shared by Bandhan Bank Recovery Manager

10mo ago
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8 years exp.
1y ago
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1 year exp.
1y ago
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6 years exp.
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13 years exp.

Experience wise Bandhan Bank Recovery Manager salaries

Last Updated: 8 May 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.8 L/yr - ₹1.8 L/yr
2 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.4 L/yr
3 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
View all

Similar Designation salaries in Bandhan Bank

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₹2.84 L/yr - ₹10 L/yr
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(1.5k salaries)
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₹2.45 L/yr - ₹8 L/yr
Agency Manager Salary
(AmbitionBox Estimate)
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₹8.5 L/yr - ₹10.8 L/yr
Area Manager Salary
(444 salaries)
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₹2.64 L/yr - ₹9.96 L/yr
Branch Manager Salary
(450 salaries)
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₹3.75 L/yr - ₹20 L/yr
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₹2.72 L/yr - ₹9.85 L/yr
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₹1.55 L/yr - ₹8.86 L/yr
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₹3.43 L/yr - ₹12.66 L/yr
Team Lead Salary
(13 salaries)
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₹2.4 L/yr - ₹8.43 L/yr
State Head Salary
(6 salaries)
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₹22.68 L/yr - ₹32 L/yr

Salary related reviews for Bandhan Bank

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

read more

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.

read more
  • 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

read more
  • 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

read more
  • 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.

read more
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What people are saying about Bandhan Bank

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Bandhan Bank Recovery Manager Salary FAQs

What is the salary of Recovery Manager at Bandhan Bank ?
The average salary of a Recovery Manager at Bandhan Bank in India typically ranges from ₹1.8 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 13 years).

The top 10% of Recovery Manager at Bandhan Bank earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. 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 4 Bandhan Bank employees in India.
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 in India typically ranges from ₹28,116 to ₹29,508 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 1 year to 13 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 4 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 Recovery Manager in India?
IDBI Bank ₹10.8 Lakhs to ₹15.5 Lakhs per year
IndusInd Bank ₹8.5 Lakhs to ₹11.0 Lakhs per year
Karur Vysya Bank ₹7.0 Lakhs to ₹8.6 Lakhs per year
IDFC FIRST Bank ₹4.0 Lakhs to ₹10.0 Lakhs per year
HDFC Bank ₹3.5 Lakhs to ₹13.5 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 Recovery Manager in companies similar to Bandhan Bank in India?
The salary of a 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:

ICICI Bank ₹5.5 Lakhs to ₹9.0 Lakhs per year
RBL Bank ₹3.3 Lakhs to ₹11.0 Lakhs per year
Axis Bank ₹3.6 Lakhs to ₹9.0 Lakhs per year
Kotak Mahindra Bank ₹1.8 Lakhs to ₹8.4 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 Bandhan Bank in India?
The salary growth for a Recovery Manager at Bandhan Bank depends on factors such as experience, performance, and promotions. On average, a Recovery Manager can expect the following growth trajectory at Bandhan Bank:

Experience Average Salary Range
1 year ₹1.8 Lakhs to ₹1.8 Lakhs per year
2 years ₹1.9 Lakhs to ₹2.4 Lakhs per year
3 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
4 years ₹2.5 Lakhs to ₹3.2 Lakhs per year
and so on.

Tell us how to improve this page.

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