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IDBI Bank Recovery Manager salaries in India

Annual salary range
7 - 16 years exp.
₹10.8 Lakhs - ₹15.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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152% more than the average Recovery Manager Salary in Banking Companies for 7 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Recovery Manager Salary
10 - 16 years exp. (AmbitionBox Estimate)
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₹12.5 L/yr - ₹15.5 L/yr

Finance & Accounting
Recovery Manager Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹12.6 L/yr - ₹15.4 L/yr

Teaching & Training
Recovery Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹9.7 L/yr - ₹11.9 L/yr

Last Updated: 8 Apr 2024

Companies similar to IDBI Bank for Recovery Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Recovery Manager Salary

5 - 18 years exp. (17 salaries)

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₹3.5 L/yr - ₹13.5 L/yr

arrow icon 45% less
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ICICI Bank Recovery Manager Salary

2 - 13 years exp. (5 salaries)

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₹5.5 L/yr - ₹9 L/yr

arrow icon 47% less
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Axis Bank Recovery Manager Salary

5 - 6 years exp. (4 salaries)

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₹3.6 L/yr - ₹9 L/yr

arrow icon 63% less
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Kotak Mahindra Bank Recovery Manager Salary

1 - 14 years exp. (23 salaries)

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₹1.8 L/yr - ₹8.4 L/yr

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IndusInd Bank Recovery Manager Salary

13 - 17 years exp. (3 salaries)

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₹8.5 L/yr - ₹11 L/yr

arrow icon 31% less
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IDFC FIRST Bank Recovery Manager Salary

1 - 10 years exp. (65 salaries)

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₹4 L/yr - ₹10 L/yr

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₹2.9 L/yr - ₹9.7 L/yr

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Recovery Manager salary at IDBI Bank ranges between ₹10.8 Lakhs to ₹15.5 Lakhs per year for employees with experience between 7 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of IDBI Bank.

Latest annual salaries shared by IDBI Bank Recovery Manager

9mo ago
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10 years exp.
1y ago
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8 years exp.
1y ago
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16 years exp.
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10 years exp.
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7 years exp.

Experience wise IDBI Bank Recovery Manager salaries

Last Updated: 8 Apr 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹14 L/yr
8 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹14 L/yr
9 years (AmbitionBox Estimate)

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₹11.8 L/yr - ₹15.1 L/yr
10 years (AmbitionBox Estimate)

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₹10.8 L/yr - ₹24 L/yr
11 years (AmbitionBox Estimate)

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₹12.2 L/yr - ₹15.5 L/yr
View all

Similar Designation salaries in IDBI Bank

Deputy Manager Salary
(7 salaries)
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₹2.5 L/yr - ₹9 L/yr
Branch Manager Salary
(61 salaries)
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₹10 L/yr - ₹32 L/yr
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₹20 L/yr - ₹22 L/yr
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₹7.09 L/yr - ₹23 L/yr
Area Collection Manager Salary
(AmbitionBox Estimate)
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₹10.4 L/yr - ₹13.2 L/yr
Team Lead Salary
(4 salaries)
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₹1.25 L/yr - ₹3.18 L/yr
Collection Officer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Deputy Manager Grade 2 Salary
(AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr
Sales Executive Salary
(259 salaries)
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₹1 L/yr - ₹3.5 L/yr
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₹12 L/yr - ₹22 L/yr
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Salary related reviews for IDBI Bank

2.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 11 Sep 2023

4.0
 for  Salary and Benefits

Likes

Salary & employees monetary benefits due to IBA membership

  • Salary - Good

Dislikes

Unfair promotions practice, Impotent Supervisors in Retail Banking, Egoistic people in Mid Management, God Father culture, No career growth, Non posting of required employees in branches etc.,

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 20 Apr 2022

3.0
 for  Salary and Benefits

Likes

...s work with integrity. U get good customer exposure and handling multiple tasks. Pay scale is good.

read more
  • Company culture - Good

Dislikes

Retail branch banking Work pressure, multi-tasking apart from ur job profile. No value addition. Very slow career growth and monotonous job, job rotation periodicity is very large. You will get leaves after too much hardship until it is for some emergency. Review meetings are organised after working hours and frequent commitments and u have to bring figures on every login day. Seniors cannot keep away from using unofficial language if u don't perform in business and Continuous follow up will just keep u on pressure. No mental peace and satisfaction at all in branch banking in metros. If u don't perform, either u r thrown out to rural branches or compelled to resign. If u r excellent in selling insurance policy, then this is the best place to work. Promotions in higher grades are preferably available to staff posted in regional and zonal offices and hardly any branch banking staff is chosen.

read more
  • Work-life balance - Poor

Sales & Marketing Department

5.0
  •  posted on 20 Jun 2022

5.0
 for  Salary and Benefits

Likes

Good work environment and culture.teammates are supportive they give good sallary hike and bonus every year

  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth is slow.

read more

BFSI, Investments & Trading Department

4.0
  •  posted on 04 Jan 2022

3.0
 for  Salary and Benefits

Likes

Good work environment and culture.company policies are good.

  • Skill development - Excellent
  • +1 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. On the job training is not given to new joinees

read more
  • Job security - Poor
  • +1 more

Finance home loans Department

5.0
  •  posted on 19 May 2019

4.0
 for  Salary and Benefits

Likes

...job. But not job security for off role team(sales). Good managers. No politics. Salary is so delay.

read more
  • Salary - Good
  • +5 more

Dislikes

Nothing to say dislike about idbi bank.

see more salary related reviews

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IDBI Bank Recovery Manager Salary FAQs

What is the salary of Recovery Manager at IDBI Bank?
Recovery Manager salary at IDBI Bank in India ranges between ₹10.8 Lakhs to ₹15.5 Lakhs for experience between 7 years to 16 years. According to our estimates it is 152% more than the average Recovery Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of IDBI Bank India.
How does the salary of a Recovery Manager at IDBI Bank India compare with the average salary range for this job?
The average salary of a Recovery Manager at IDBI Bank is 152% more than the average salary of a Recovery Manager in India. To know exact salary insights, login to view.
What is the salary of a Recovery Manager in companies similar to IDBI Bank in India?
  • 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
  • Axis Bank Recovery Manager Salary - ₹3.6 Lakhs to ₹9.0 Lakhs per year
What is the estimated take home salary of a Recovery Manager at IDBI Bank in India?
The estimated take-home salary of a Recovery Manager at IDBI Bank ranges between ₹95,441 per month to ₹98,015 per month in India. The take-home salary calculation is based on the average IDBI Bank Recovery Manager salary in India which ranges between ₹10.8 Lakhs to ₹15.5 Lakhs per year for employees with experience between 7 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Recovery Manager at IDBI Bank?
According to AmbitionBox, 100% of the IDBI Bank Recovery Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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IDBI Bank Recovery Manager salary in India ranges between ₹10.8 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 IDBI Bank latest salaries received from various employees of IDBI Bank.

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