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HDFC Bank

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3.9

based on 37.9k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HDFC Bank Recovery Manager salaries in Bangalore / Bengaluru

Annual salary range
6 - 15 years exp.
₹5.5 Lakhs - ₹7.5 Lakhs
Salary of majority employees
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At par with the average Recovery Manager Salary in Banking Companies for 6 - 15 years of experience

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Salaries in different departments

Risk Management & Compliance
Recovery Manager Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹10.7 L/yr

BFSI, Investments & Trading
Recovery Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹5.5 L/yr - ₹9.8 L/yr

Last Updated: 29 Dec 2024

Companies similar to HDFC Bank for Recovery Manager in Bangalore / Bengaluru

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HDFC Bank Recovery Manager Salary

6 - 15 years exp. (5 salaries)

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₹5.5 L/yr - ₹7.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IDFC FIRST Bank Recovery Manager Salary

7 - 9 years exp. (3 salaries)

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₹7.3 L/yr - ₹8.4 L/yr

arrow icon 10% more
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MediaKind Recovery Manager Salary

13 - 18 years exp. (4 salaries)

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₹18.6 L/yr - ₹22.3 L/yr

arrow icon 189% more
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IBM Recovery Manager Salary

8 - 11 years exp. (3 salaries)

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₹5.9 L/yr - ₹7.5 L/yr

arrow icon 10% less
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₹4.2 L/yr - ₹6.5 L/yr

arrow icon 26% less
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Can Fin Homes Recovery Manager Salary

5 - 8 years exp. (3 salaries)

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₹14 L/yr - ₹14.5 L/yr

arrow icon 99% more
Recovery Manager salary at HDFC Bank ranges between ₹5.5 Lakhs to ₹7.5 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Recovery Manager in Bangalore / Bengaluru

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7 years exp.
3mo ago
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6 years exp.
5mo ago
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7 years exp.
1y ago
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15 years exp.
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6 years exp.

Experience wise HDFC Bank Recovery Manager salaries in Bangalore / Bengaluru

Last Updated: 29 Dec 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹7.5 L/yr
8 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.3 L/yr
9 years (AmbitionBox Estimate)

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₹6 L/yr - ₹7.6 L/yr
10 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹7.9 L/yr
View all

Similar Designation salaries in HDFC Bank

Deputy Manager Salary
(1.5k salaries)
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₹2.3 L/yr - ₹10.8 L/yr
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₹2.75 L/yr - ₹12.47 L/yr
Branch Manager Salary
(157 salaries)
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₹6.93 L/yr - ₹25 L/yr
Debt Manager Salary
(4 salaries)
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₹3.5 L/yr - ₹7 L/yr
Area Manager Salary
(4 salaries)
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₹8.25 L/yr - ₹21 L/yr

Top skills at HDFC Bank for Recovery Manager

Collections DRT Recovery Management Npa Management Recovery Debt Recovery Criminal Legal Drafting Criminal Cases Banking Recovery Matters

Salary related reviews for HDFC Bank

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 04 Dec 2024

4.0
 for  Salary and Benefits

Likes

All are good job security, work life balance, Job satisfaction, Skills and knowledge development, these are all is good

Dislikes

Salary is not good. This company is a few things restricted to incentive and bonus and employee service not good. I am not satisfaction. These are all not good

read more

Full Time

 · 

Risk Management & Compliance Department

4.0
  •  posted on 13 Nov 2024

3.0
 for  Salary and Benefits

Likes

Working Hours (9:30 to 5:30 some time 9:30 to 7:30(occasionally) Work Pressure is very low in debt recovery or collections department if, you compare the same with other companies. Job security

read more

Dislikes

Salary increment (3 rating 4%, 2 rating 5 to 6%, 1 rating 7% to 9 % approximately) Bonus structure

read more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 09 Oct 2024

2.0
 for  Salary and Benefits

Likes

Salary comes on time.

Dislikes

There is no one in the bank to explain And the ones that are old, new people treat them differently, & Timing is a big issue, like coming to the bank is on time but leaving is not fixed And there is a lot more to write but it cannot be completed in one line

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 25 Jul 2024

3.0
 for  Salary and Benefits

Likes

Nothing except job security. Home loan rates if you stay for long here.

Dislikes

No work life balance. The salary may seem good but is not worth the working hours that you put. Less to no perks at all. They make you work full time even on bank holidays and sundays. Late sitting till almost 11.30 pm at times. Even females are not spared.

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Full Time

 · 

Risk Management & Compliance Department

1.0
  •  posted on 05 May 2024

1.0
 for  Salary and Benefits

Likes

Customer service

Dislikes

Compensation to responsibility is very poor Salary hike is a myth Can't use hdfc account or credit cards without getting audit for simplest of transactions There's no training activity or skill development programmes; you'll be given n role and they expect you to magically handle it.

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HDFC Bank Recovery Manager Salary FAQs

What is the salary of Recovery Manager at HDFC Bank Bangalore / Bengaluru?
Recovery Manager salary at HDFC Bank in Bangalore / Bengaluru ranges between ₹5.5 Lakhs to ₹7.5 Lakhs for experience between 6 years to 15 years. According to our estimates it is 1% more than the average Recovery Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HDFC Bank Bangalore / Bengaluru.
How does the salary of a Recovery Manager at HDFC Bank Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Recovery Manager at HDFC Bank is 1% more than the average salary of a Recovery Manager in Bangalore / Bengaluru. To know exact salary insights, login to view.
What are the top skills required to work as a Recovery Manager at HDFC Bank?
Collections, DRT, Recovery Management, Npa Management and Recovery are some of the popular skills required to work as a Recovery Manager at HDFC Bank Bangalore / Bengaluru.
Which similar companies are paying more than HDFC Bank to a Recovery Manager in Bangalore / Bengaluru?
  • MediaKind Recovery Manager Salary - ₹18.6 Lakhs to ₹22.3 Lakhs per year
  • Can Fin Homes Recovery Manager Salary - ₹14.0 Lakhs to ₹14.5 Lakhs per year
  • IDFC FIRST Bank Recovery Manager Salary - ₹7.3 Lakhs to ₹8.4 Lakhs per year
What is the salary of a Recovery Manager in companies similar to HDFC Bank in Bangalore / Bengaluru?
  • IBM Recovery Manager Salary - ₹5.9 Lakhs to ₹7.5 Lakhs per year
  • Equitas Small Finance Bank Recovery Manager Salary - ₹4.2 Lakhs to ₹6.5 Lakhs per year
What is the estimated take home salary of a Recovery Manager at HDFC Bank in Bangalore / Bengaluru?
The estimated take-home salary of a Recovery Manager at HDFC Bank ranges between ₹53,709 per month to ₹55,048 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average HDFC Bank Recovery Manager salary in India which ranges between ₹5.5 Lakhs to ₹7.5 Lakhs per year for employees with experience between 6 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Recovery Manager at HDFC Bank in Bangalore / Bengaluru?
According to AmbitionBox, 50% of the HDFC Bank Recovery Managers in Bangalore / Bengaluru reported a notice period of 1 Month, 25% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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HDFC Bank Recovery Manager salary in Bangalore / Bengaluru ranges between ₹5.5 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 HDFC Bank latest salaries received from various employees of HDFC Bank.