DCB Bank Recovery Officer Salaries by 4 Employees

6 - 10 years exp.

₹3.3 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

42% more than the average Recovery Officer Salary in Banking Companies for 6 - 10 years of experience

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Last Updated: 28 Sep 2024

Companies similar to DCB Bank for Recovery Officer

Company name	Avg Annual Salary	Open Jobs
Jana Small Finance Bank Recovery Officer Salary 1 - 6 years exp. (38 salaries)	₹1.5 L/yr - ₹2.9 L/yr 42% less
Equitas Small Finance Bank Recovery Officer Salary 1 - 11 years exp. (15 salaries)	₹1.7 L/yr - ₹3.8 L/yr 30% less
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IDFC FIRST Bank Recovery Officer Salary 1 - 4 years exp. (6 salaries)	₹2 L/yr - ₹3 L/yr 36% less
IndusInd Bank Recovery Officer Salary 1 - 3 years exp. (5 salaries)	₹1.8 L/yr - ₹2.5 L/yr 46% less
Ujjivan Small Finance Bank Recovery Officer Salary 2 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹3 L/yr 28% less
AU Small Finance Bank Recovery Officer Salary 2 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹2.4 L/yr 40% less
RBL Bank Recovery Officer Salary 2 - 13 years exp. (4 salaries)	₹0.4 L/yr - ₹5.8 L/yr 27% less
Indian Bank Recovery Officer Salary 0 - 5 years exp. (4 salaries)	₹1 L/yr - ₹4 L/yr 34% less
IDBI Bank Recovery Officer Salary 10 - 14 years exp. (3 salaries)	₹14 L/yr - ₹19 L/yr 356% more
Central Bank of India Recovery Officer Salary 1 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹5 L/yr 2% more
Allahabad Bank Recovery Officer Salary 4 - 14 years exp. (3 salaries)	₹2.5 L/yr - ₹9 L/yr 23% more
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Recovery Officer salary at DCB Bank ranges between ₹3.3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of DCB Bank.

Experience wise DCB Bank Recovery Officer salaries

Last Updated: 28 Sep 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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9 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
10 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

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Salary related reviews for DCB Bank

Relationship Manager in Vadodara

Full Time

Sales & Business Development Department

3.0

• posted on 24 Oct 2024

4.0

for Salary and Benefits

Likes

They are giving good salary package.

Salary - Good

Dislikes

There are so many politics.no support from superior.all case were set by credit team. whether it legal or technical all decisions given by credit team Only.i strongly recommend don't join this organisation for business purpose.

Skill development - Bad

+4 more

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 21 Jul 2024

3.0

for Salary and Benefits

Likes

Only good thing about this bank is salary hike. If you're looking for salary hike up to 70% only then join this bank.

Dislikes

Work culture is very poor. pressure will be built since day one. Their products are very limited but their expectations are very high. You need to have a lot of references to survive in this bank.

Skill development - Bad

+5 more

Relationship Manager in Vapi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 12 Apr 2024

2.0

for Salary and Benefits

Likes

The work culture is really good There are company events and parties almost every month Really good training program Very supportive managers

Promotions - Good

+1 more

Dislikes

...ng at month ends You may have to stay at the branch the whole night to disburse your case Credit team is very slow Half your salary will be gone in travelling

Salary - Poor

+3 more

Branch Manager in Berhampur

Full Time

Other Department

2.0

• posted on 21 Dec 2023

3.0

for Salary and Benefits

Likes

Agree with work life balance but not good culture.

Work-life balance - Excellent

Dislikes

...am work at branch level work. Operations and Sales both are differently working. Operations people are seating ideal and getting good salary and bonus as well. Pls change the culture otherwise attrition will be higher in future. They are the liability for the organization and if you compare with other organizations, operations people are enjoying a lot. Pls change the culture 🙏

Skill development - Bad

+4 more

Sales Manager in Lucknow

Financial Services Department

5.0

• posted on 30 Dec 2020

5.0

for Salary and Benefits

Likes

...ironment and culture.Teammates are supportive and the management is transparent. Company policies are good appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is bond of two years before Which you cannot resign.

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DCB Bank Recovery Officer Salary FAQs

What is the salary of Recovery Officer at DCB Bank ?

The average salary of a Recovery Officer at DCB Bank in India typically ranges from ₹3.3 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Recovery Officer at DCB Bank earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Recovery Officer Salaries at DCB 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 DCB Bank employees in India.

What is the estimated take home salary of a Recovery Officer at DCB Bank in India?

The estimated take-home salary of a Recovery Officer at DCB Bank in India typically ranges from ₹28,125 to ₹29,517 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 6 years to 10 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 DCB Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than DCB Bank for Recovery Officer in India?

IDBI Bank	₹14.0 Lakhs to ₹19.0 Lakhs per year
Allahabad Bank	₹2.5 Lakhs to ₹9.0 Lakhs per year
Central Bank of India	₹2.4 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by DCB Bank, depending on the role and experience level.

What is the salary of a Recovery Officer in companies similar to DCB Bank in India?

The salary of a Recovery Officer at companies similar to DCB Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

RBL Bank	₹0.4 Lakhs to ₹5.8 Lakhs per year
Ujjivan Small Finance Bank	₹2.2 Lakhs to ₹3.0 Lakhs per year
Equitas Small Finance Bank	₹1.7 Lakhs to ₹3.8 Lakhs per year
Indian Bank	₹1.0 Lakhs to ₹4.0 Lakhs per year
IDFC FIRST Bank	₹2.0 Lakhs to ₹3.0 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 Recovery Officer at DCB Bank in India?

The salary growth for a Recovery Officer at DCB Bank depends on factors such as experience, performance, and promotions. On average, a Recovery Officer can expect the following growth trajectory at DCB Bank:

Experience	Average Salary Range
6 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
7 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
9 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
10 years	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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DCB Bank Recovery Officer Salaries

DCB Bank Recovery Officer salary in India ranges between ₹3.3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 DCB Bank latest salaries received from various employees of DCB Bank.