Canara Bank Recovery Manager Salaries by 2 Employees (Updated 2024)

5 - 25 years exp.

₹10.1 Lakhs - ₹12.9 Lakhs

Low Confidence

Salary of majority employees

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Salaries in different departments

BFSI, Investments & Trading Recovery Manager Salary 5 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
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Customer Success, Service & Operations Recovery Manager Salary 25 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22 L/yr

Last Updated: 11 Dec 2024

Companies similar to Canara Bank for Recovery Manager

Company name	Avg Annual Salary	Open Jobs
Axis Bank Recovery Manager Salary 5 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹9 L/yr 57% less
HDFC Bank Recovery Manager Salary 5 - 18 years exp. (18 salaries)	₹3.1 L/yr - ₹12.7 L/yr 36% less
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ICICI Bank Recovery Manager Salary 2 - 13 years exp. (5 salaries)	₹5.5 L/yr - ₹9 L/yr 38% less
Kotak Mahindra Bank Recovery Manager Salary 1 - 14 years exp. (25 salaries)	₹1.8 L/yr - ₹8.4 L/yr 61% less
IndusInd Bank Recovery Manager Salary 13 - 17 years exp. (3 salaries)	₹8.5 L/yr - ₹11 L/yr 19% less
IDFC FIRST Bank Recovery Manager Salary 2 - 10 years exp. (54 salaries)	₹5.2 L/yr - ₹10 L/yr 33% less
RBL Bank Recovery Manager Salary 0 - 12 years exp. (12 salaries)	₹3.3 L/yr - ₹11 L/yr 44% less
IDBI Bank Recovery Manager Salary 7 - 16 years exp. (6 salaries)	₹10.8 L/yr - ₹15.5 L/yr 16% more
Bandhan Bank Recovery Manager Salary 1 - 13 years exp. (4 salaries)	₹1.8 L/yr - ₹6 L/yr 67% less

Recovery Manager salary at Canara Bank ranges between ₹10.1 Lakhs to ₹12.9 Lakhs per year for employees with experience between 5 years to 25 years. Salary estimates are based on 2 latest salaries received from various employees of Canara Bank.

Similar Designation salaries in Canara Bank

Deputy Manager Salary

(3 salaries)

₹8 L/yr - ₹17.55 L/yr

Branch Manager Salary

(149 salaries)

₹6 L/yr - ₹21 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Team Lead Salary

(3 salaries)

₹2.5 L/yr - ₹4 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Canara Bank

Branch Manager in Baghpat

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Sep 2024

1.0

for Salary and Benefits

Likes

PSB salary on time

Dislikes

The worst bank for any employee. No proper infrastructure but wants 100 percent output.Accute staff shortage leading to higher customer dissatisfaction. No work life balance. Not good for Hindi speaking people.

Branch Manager

Finance & Accounting Department

4.0

• posted on 23 Mar 2019

4.0

for Salary and Benefits

Likes

...security.good carrier growth opportunity. best training programmes are provided.good salary. friendly working environment with latest technology up gradation.

Dislikes

work pressure is very high. no working time limit for officers

Officer in Bhopal

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 24 Oct 2024

4.0

for Salary and Benefits

Likes

Working in PSB is satisfied in point of job security and also good salary package.

Dislikes

Learning process is slow because only single officer handel all type of branch work like loan assessment MSME loan Retail loan agriculture loan SMA follow up NPA management etc

Manager LAW in Patna

Full Time

Legal & Regulatory Department

1.0

• posted on 29 Sep 2024

5.0

for Salary and Benefits

Likes

Salary and perks

Dislikes

Timing Management approch towards specialist officer Structural changes Poor profile charges Unofficial calls for working on weekends without any comoff Late sitting culture. Poor HR. Handing over work which is not related to profile. Unnecessary calls from higher office and putting pressure to do things which are not correct as per policy. Urealestic targets. No fixed office time.

Senior Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 01 Jul 2024

3.0

for Salary and Benefits

Likes

Salary is good

Dislikes

Transfers are almost every 2 year and that too pan India. Work culture is toxic. No work life balance. No respect for seniority. It's suffocating. Frequent transfers are loose-loose situation for Employees, customers (No connect with staff) and Bank( Heavy overhead transfer expenses)

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Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Canara Bank Recovery Manager Salary FAQs

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

According to AmbitionBox, 50% of the Canara Bank Recovery Managers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Canara Bank Recovery Manager Salaries

Canara Bank Recovery Manager salary in India ranges between ₹10.1 Lakhs to ₹12.9 Lakhs. This is an estimate based on latest salaries received from employees of Canara Bank.