Equitas Small Finance Bank Recovery Manager Salaries by 4 Employees (Updated 2025)

10 - 17 years exp.

₹2.9 Lakhs - ₹9.7 Lakhs

Low Confidence

Salary of majority employees

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
Bandhan Bank Recovery Manager Salary 1 - 13 years exp. (4 salaries)	₹1.8 L/yr - ₹6 L/yr 21% less
IDFC FIRST Bank Recovery Manager Salary 1 - 10 years exp. (65 salaries)	₹4 L/yr - ₹10 L/yr 58% more
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RBL Bank Recovery Manager Salary 0 - 12 years exp. (11 salaries)	₹3.3 L/yr - ₹11 L/yr 26% more
Kotak Mahindra Bank Recovery Manager Salary 1 - 14 years exp. (25 salaries)	₹1.8 L/yr - ₹8.2 L/yr 5% less
HDFC Bank Recovery Manager Salary 5 - 18 years exp. (17 salaries)	₹3.5 L/yr - ₹13.5 L/yr 56% more
ICICI Bank Recovery Manager Salary 2 - 13 years exp. (5 salaries)	₹5.5 L/yr - ₹9 L/yr 48% more
Axis Bank Recovery Manager Salary 5 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹9 L/yr 4% more
DBS Bank Recovery Manager Salary 10 - 16 years exp. (7 salaries)	₹5.8 L/yr - ₹6.3 L/yr 30% more
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

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

Cluster Manager Salary

(62 salaries)

₹5 L/yr - ₹10.18 L/yr

Deputy Manager Salary

(318 salaries)

₹2.3 L/yr - ₹9.5 L/yr

Area Manager Salary

(19 salaries)

₹7.05 L/yr - ₹20.4 L/yr

Branch Manager Salary

(255 salaries)

₹3.6 L/yr - ₹14.54 L/yr

Collections Manager Salary

(30 salaries)

₹2.15 L/yr - ₹6 L/yr

Relationship Manager Salary

(365 salaries)

₹1.05 L/yr - ₹8 L/yr

Area Collection Manager Salary

(17 salaries)

₹6.1 L/yr - ₹16.78 L/yr

Team Lead Salary

(12 salaries)

₹4 L/yr - ₹8 L/yr

Branch Receivable Manager Salary

(48 salaries)

₹1.5 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.

Rm Executive in Udumalaipettai

Full Time

Finance & Accounting Department

3.0

• posted on 21 Dec 2024

1.0

for Salary and Benefits

Likes

When I first joined this company, I liked the way ABM taught me about this business. Name: mathan sir

Dislikes

Every employee working for an rm should have the same salary. I work at Equitas Bank without any prior experience, but we do the work that experienced people do. Why do salaries differ for people doing the same job?

Salary - Bad

+3 more

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Discover interview dos and don'ts from real experiences

What people are saying about Equitas Small Finance Bank

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an it officer

Contractual Offer

I received an offer from an HR Resourcing Organization to work on a contract basis with a MNC. They assured me that if I perform well, I could become a full-time employee there. However, I'm a bit worried because they won't be deducting PF during the contract period. Is it a good idea to accept this contract position, or could it pose risks for my future

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Equitas Small Finance Bank Recovery Manager Salary FAQs

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

Recovery Manager salary at Equitas Small Finance Bank in India ranges between ₹2.9 Lakhs to ₹9.7 Lakhs for experience between 10 years to 17 years. According to our estimates it is 10% less than the average Recovery Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Equitas Small Finance Bank India.

How does the salary of a Recovery Manager at Equitas Small Finance Bank India compare with the average salary range for this job?

The average salary of a Recovery Manager at Equitas Small Finance Bank is 10% less than the average salary of a Recovery Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Recovery Manager at Equitas Small Finance Bank?

Recovery Operations, Team Handling, Collections, Business Development and Debt Management are some of the popular skills required to work as a Recovery Manager at Equitas Small Finance Bank India.

Which similar companies are paying more than Equitas Small Finance Bank to a Recovery Manager in India?

IDBI Bank Recovery Manager Salary - ₹10.8 Lakhs to ₹15.5 Lakhs per year
IndusInd Bank Recovery Manager Salary - ₹8.5 Lakhs to ₹11.0 Lakhs per year
IDFC FIRST Bank Recovery Manager Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
HDFC Bank Recovery Manager Salary - ₹3.5 Lakhs to ₹13.5 Lakhs per year
ICICI Bank Recovery Manager Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year

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

DBS Bank Recovery Manager Salary - ₹5.8 Lakhs to ₹6.3 Lakhs per year
RBL Bank Recovery Manager Salary - ₹3.3 Lakhs to ₹11.0 Lakhs per year
Axis Bank Recovery Manager Salary - ₹3.6 Lakhs to ₹9.0 Lakhs per year
Kotak Mahindra Bank Recovery Manager Salary - ₹1.8 Lakhs to ₹8.2 Lakhs per year
Bandhan Bank Recovery Manager Salary - ₹1.8 Lakhs to ₹6.0 Lakhs per year

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 ranges between ₹36,287 per month to ₹37,507 per month in India. The take-home salary calculation is based on the average Equitas Small Finance Bank Recovery Manager salary in India which ranges between ₹2.9 Lakhs to ₹9.7 Lakhs per year for employees with experience between 10 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Recovery Manager at Equitas Small Finance Bank?

According to AmbitionBox, 78% of the Equitas Small Finance Bank Recovery Managers reported a notice period of 3 Months, 11% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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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.