Equitas Small Finance Bank Recovery Manager Salaries by 4 Employees

10 - 17 years exp.

₹2.9 Lakhs - ₹9.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

10% less than the average Recovery Manager Salary in Banking Companies for 10 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Recovery Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹6 L/yr
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Finance & Accounting Recovery Manager Salary 15 - 17 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹6.8 L/yr

Last Updated: 24 Nov 2023

Companies similar to Equitas Small Finance Bank for Recovery Manager

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Recovery Manager Salary 1 - 10 years exp. (65 salaries)	₹4 L/yr - ₹10 L/yr 58% more
DBS Bank Recovery Manager Salary 10 - 16 years exp. (7 salaries)	₹5.8 L/yr - ₹6.3 L/yr 30% more
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IDBI Bank Recovery Manager Salary 7 - 16 years exp. (5 salaries)	₹10.8 L/yr - ₹15.5 L/yr 181% more
IndusInd Bank Recovery Manager Salary 13 - 17 years exp. (3 salaries)	₹8.5 L/yr - ₹11 L/yr 93% more	1 job opening
Shriram Finance Recovery Manager Salary 4 - 14 years exp. (28 salaries)	₹2 L/yr - ₹6 L/yr 26% less

Recovery Manager salary at Equitas Small Finance Bank ranges between ₹2.9 Lakhs to ₹9.7 Lakhs per year for employees with experience between 10 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Equitas Small Finance Bank.

Experience wise Equitas Small Finance Bank Recovery Manager salaries

Last Updated: 24 Nov 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹2 L/yr - ₹6 L/yr
11 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6 L/yr
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12 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
13 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
14 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
15+ years (AmbitionBox Estimate)	₹2.6 L/yr - ₹10 L/yr

View all

Similar Designation salaries in Equitas Small Finance Bank

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₹7.05 L/yr - ₹24.1 L/yr

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₹3.6 L/yr - ₹14.42 L/yr

Collections Manager Salary

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₹2.15 L/yr - ₹6 L/yr

Relationship Manager Salary

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₹1 L/yr - ₹8.1 L/yr

Area Collection Manager Salary

(17 salaries)

₹6.1 L/yr - ₹16.78 L/yr

Team Lead Salary

(14 salaries)

₹4 L/yr - ₹10.47 L/yr

Branch Receivable Manager Salary

(55 salaries)

₹2.5 L/yr - ₹7.44 L/yr

State Head Salary

(7 salaries)

₹15.15 L/yr - ₹25 L/yr

Top skills at Equitas Small Finance Bank for Recovery Manager

Recovery Operations Team Handling Collections Business Development Debt Management Team Management Collection Management Recovery Management Npa Management Recovery Customer Service Debt Recovery Credit Collection Delinquency Management

Salary related reviews for Equitas Small Finance Bank

4.7

Rated by 6 employees for salary & benefits

Recovery Manager in Palwal

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 26 Nov 2024

5.0

for Salary and Benefits

Likes

...s within reach and there's a strong emphasis on teamwork and open communication. The employee benefits are very good too, including health insurance, performance-based incentives, and a competitive salary. The work-life balance is excellent allowing me to manage my personal and professional life effectively. Moreover, the job security at Equitas is reassuring, with the bank's strong growth and commitment to its employees. Overall, Equitas offers a great work environment, and I am proud to be a part of this organization.

Salary - Excellent

+6 more

Dislikes

There is Nothing to dislike about Equitas Small Finance Bank

Deputy Manager in Chennai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Dec 2024

4.0

for Salary and Benefits

Likes

My manager and head Ma’am are very approachable. Always there to guide both personally and professionally. It is like family.

Salary - Good

+4 more

Dislikes

No proper parking No personal life balance Should give pay for working on holiday internal job posting should be opened to everyone as sometimes due to experience eligibility we lose the opportunity

Collection Officer in Chennai

Finance & Accounting Department

5.0

• posted on 16 Mar 2022

4.0

for Salary and Benefits

Likes

...od work and work culture as to supports teammates and management is transparent.the company policies are good,appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

Nothing to say dislike Equitas small finance bank

Branch Manager in Warud

BFSI, Investments & Trading Department

4.0

• posted on 14 Mar 2018

5.0

for Salary and Benefits

Likes

Teammates,training,job security, career growth, salary/appraisal,travail, work environment etc.

Salary - Excellent

+5 more

Dislikes

Compensation is decent,the work pressure is very high.ssometims, I have to work 14-18 hours straight ins day as I have to attend client calls in theevening and sometimes late in to night.

Credit Officer in Pattukkottai

Full Time

Finance & Accounting Department

1.0

• posted on 14 Mar 2025

2.0

for Salary and Benefits

Likes

Easy placement, once you give resume they call you to join before get offer letter. That's one thing only positive

Job security - Good

Dislikes

Lac of career growth, work life balance, salary hike is too low even you work for long year, You should ready to work for anytime even day and night, without any welfare. There is no any comb off leave and medical leave. It very miserly on work infrastructure.

Salary - Poor

+5 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

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Equitas Small Finance Bank Recovery Manager Salary FAQs

What is the salary of Recovery Manager at Equitas Small Finance Bank ?

The average salary of a Recovery Manager at Equitas Small Finance Bank in India typically ranges from ₹2.9 Lakhs to ₹9.7 Lakhs per year, depending on experience (from 10 years to 17 years).

The top 10% of Recovery Manager at Equitas Small Finance Bank earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Recovery Manager Salaries at Equitas Small Finance 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 Equitas Small Finance Bank employees in India.

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

The estimated take-home salary of a Recovery Manager at Equitas Small Finance Bank in India typically ranges from ₹36,287 to ₹37,507 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹9.7 Lakhs per year for employees with experience ranging from 10 years to 17 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 Equitas Small Finance Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Recovery Manager at Equitas Small Finance Bank ?

To be a Recovery Manager at Equitas Small Finance Bank in india, the key skills required include:

- Recovery Operations
- Team Handling
- Collections
- Business Development
- Debt Management

These skills are highly valued at Equitas Small Finance Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Equitas Small Finance 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
IDFC FIRST Bank	₹4.0 Lakhs to ₹10.0 Lakhs per year
DBS Bank	₹5.8 Lakhs to ₹6.3 Lakhs per year

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

What is the salary of a Recovery Manager in companies similar to Equitas Small Finance Bank in India?

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

Shriram Finance

₹2.0 Lakhs to ₹6.0 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 Manager at Equitas Small Finance Bank in India?

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

Experience	Average Salary Range
10 years	₹2.0 Lakhs to ₹6.0 Lakhs per year
11 years	₹2.1 Lakhs to ₹6.0 Lakhs per year
12 years	₹4.9 Lakhs to ₹6.3 Lakhs per year
13 years	₹5.2 Lakhs to ₹6.6 Lakhs per year

and so on.

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Equitas Small Finance Bank Recovery Manager Salaries

Equitas Small Finance Bank Recovery Manager salary in India ranges between ₹2.9 Lakhs to ₹9.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Equitas Small Finance Bank latest salaries received from various employees of Equitas Small Finance Bank.