Edelweiss Area Recovery Manager Salaries by 4 Employees

15 - 16 years exp.

₹10.7 Lakhs - ₹11 Lakhs

Low Confidence

Salary of majority employees

26% more than the average Area Recovery Manager Salary in Financial Services Companies for 15 - 16 years of experience

Interested in this particular role?

Last Updated: 29 May 2024

Companies similar to Edelweiss for Area Recovery Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Area Recovery Manager Salary 11 - 23 years exp. (4 salaries)	₹9 L/yr - ₹17 L/yr 27% more
HDFC Bank Area Recovery Manager Salary 6 - 18 years exp. (3 salaries)	₹6.5 L/yr - ₹9 L/yr 25% less
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Bajaj Finance Area Recovery Manager Salary 12 - 17 years exp. (4 salaries)	₹8.5 L/yr - ₹13 L/yr 2% more
Piramal Capital Housing Finance Area Recovery Manager Salary 12 - 19 years exp. (15 salaries)	₹6.5 L/yr - ₹13.2 L/yr At par
Muthoot Fincorp Area Recovery Manager Salary 5 - 11 years exp. (10 salaries)	₹3.5 L/yr - ₹5 L/yr 61% less

Area Recovery Manager salary at Edelweiss ranges between ₹10.7 Lakhs to ₹11 Lakhs per year for employees with experience between 15 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Edelweiss.

Experience wise Edelweiss Area Recovery Manager salaries

Last Updated: 29 May 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹10.7 L/yr - ₹11 L/yr
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Salary related reviews for Edelweiss

2.0

Rated by 1 employees for salary & benefits

Relationship Manager in Rajendra Palace Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 21 Jun 2022

3.0

for Salary and Benefits

Likes

Salary on time, system is too good and working culture is very well

Skill development - Good

+1 more

Dislikes

They have only 1 product LAP only self-employed profile, where turnover is more than 1 crore. They are doing only Approved and Regularized property but ROI is 2% to 2.5% is above than other banks. They want cream file like HDFC Bank but not offer HDFC Bank ROI.

Work satisfaction - Bad

Relationship Manager in New Delhi

Sales & Business Development Department

2.0

• posted on 27 Aug 2018

1.0

for Salary and Benefits

Likes

...almost harass you in terms of work life. They do not provide any reimbursements. They just want you to run for business whether you have to spend your whole salary in doing so.

Skill development - Excellent

+1 more

Dislikes

Nothing at all

Salary - Bad

+3 more

Branch Credit Manager in Aurangabad

Full Time

Risk Management & Compliance Department

4.0

• posted on 10 Oct 2023

2.0

for Salary and Benefits

Likes

Sat sun weekly off Average work culture Employee oriented culture

Job security - Good

Dislikes

...over month end Aggressive sales team Poor promotion Poor compliance management Cost cutting

Salary - Poor

+2 more

Credit Associate in Indore

Full Time

Finance & Accounting Department

3.0

• posted on 05 Jul 2023

1.0

for Salary and Benefits

Likes

Good work life balance

Company culture - Good

+1 more

Dislikes

...r further growth , than it is ok , if not than this is not the company for you Also they match the package of those without generating package from the other company , whose vertical is standing at nil business .( Total politics )

Salary - Bad

+3 more

Senior Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

5.0

• posted on 28 Jul 2023

3.0

for Salary and Benefits

Likes

Its really good working here. Work life balance you can manage effortlessly Appreciated for your hard work

Skill development - Good

+4 more

Dislikes

Definitely some points are in improvement can provide better payments/salary Not having office amenities like refreshment, not have best food

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Edelweiss Area Recovery Manager Salary FAQs

What is the salary of Area Recovery Manager at Edelweiss ?

The average salary of a Area Recovery Manager at Edelweiss in India typically ranges from ₹10.7 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 15 years to 16 years).

The top 10% of Area Recovery Manager at Edelweiss earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Area Recovery Manager Salaries at Edelweiss 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 Edelweiss employees in India.

What is the estimated take home salary of a Area Recovery Manager at Edelweiss in India?

The estimated take-home salary of a Area Recovery Manager at Edelweiss in India typically ranges from ₹77,733 to ₹79,752 per month. This is based on the average salary range of ₹10.7 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 15 years to 16 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 Edelweiss. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Edelweiss for Area Recovery Manager in India?

Kotak Mahindra Bank	₹9.0 Lakhs to ₹17.0 Lakhs per year
Bajaj Finance	₹8.5 Lakhs to ₹13.0 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 Edelweiss, depending on the role and experience level.

What is the salary of a Area Recovery Manager in companies similar to Edelweiss in India?

The salary of a Area Recovery Manager at companies similar to Edelweiss 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 Edelweiss in India?

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

Experience	Average Salary Range
15 years	₹10.7 Lakhs to ₹11.0 Lakhs per year

and so on.

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Edelweiss Area Recovery Manager Salaries

Edelweiss Area Recovery Manager salary in India ranges between ₹10.7 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Edelweiss latest salaries received from various employees of Edelweiss.