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4.0

based on 9.7k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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IDFC FIRST Bank Recovery Manager salaries in Pune

Annual salary range
4 - 10 years exp.
₹5.5 Lakhs - ₹9.5 Lakhs
Salary of majority employees
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17% more than the average Recovery Manager Salary in Banking Companies for 4 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Recovery Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹7.3 L/yr - ₹8.7 L/yr

Finance & Accounting
Recovery Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹7.9 L/yr - ₹9 L/yr

Risk Management & Compliance
Recovery Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹8.1 L/yr - ₹9.5 L/yr

Last Updated: 2 May 2024

Companies similar to IDFC FIRST Bank for Recovery Manager in Pune

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IDFC FIRST Bank Recovery Manager Salary

4 - 10 years exp. (5 salaries)

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₹5.5 L/yr - ₹9.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Kotak Mahindra Bank Recovery Manager Salary

10 - 13 years exp. (4 salaries)

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₹4.9 L/yr - ₹7.7 L/yr

arrow icon 21% less
Recovery Manager salary at IDFC FIRST Bank ranges between ₹5.5 Lakhs to ₹9.5 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Recovery Manager in Pune

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5 years exp.
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9 years exp.
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10 years exp.
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5 years exp.
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4 years exp.

Experience wise IDFC FIRST Bank Recovery Manager salaries in Pune

Last Updated: 2 May 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹13.9 L/yr
5 years (AmbitionBox Estimate)

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₹7.3 L/yr - ₹14.1 L/yr
6 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹9.1 L/yr
7 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr
8 years (AmbitionBox Estimate)

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₹7.3 L/yr - ₹9.3 L/yr
View all

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary
(176 salaries)
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₹3 L/yr - ₹8.6 L/yr
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₹2.5 L/yr - ₹12 L/yr
Branch Manager Salary
(35 salaries)
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₹6.75 L/yr - ₹25 L/yr
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₹4.5 L/yr - ₹9.45 L/yr
Debt Manager Salary
(11 salaries)
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₹5.4 L/yr - ₹13 L/yr
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₹8.65 L/yr - ₹17.65 L/yr
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₹12 L/yr - ₹15 L/yr
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₹10 L/yr - ₹14.5 L/yr

Top skills at IDFC FIRST Bank for Recovery Manager

Management Legal MIS Reporting EMI Retail Banking Administration Work Banking Focus Loans mortgage Operations Recovery Management Debt Recovery Monitoring Legal Advice

Salary related reviews for IDFC FIRST Bank

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 20 Jun 2024

1.0
 for  Salary and Benefits

Likes

I don’t like anything about this company expect the fast that you will get your salary on time thats it.

read more

Dislikes

They are asking employee to work 7 days a week and still proud of growth saying that competition is really high you need to work all 7 days. No work life balance You will just be left with money no time to spend it. Abusive seniors mental harassment if you refuse to work on sunday’s

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Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 04 Jun 2024

5.0
 for  Salary and Benefits

Likes

...by IDFC is top-notch and they prioritize developing our customer service skills. The pay and incentives are also motivating.

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Dislikes

No dislikes as such

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 21 Nov 2023

5.0
 for  Salary and Benefits

Likes

Benefits on loans are good. Salary and package is good

Dislikes

Management is sending 100% pressure on Branch Manager. 9 crore month on month CASA & TD is asking rate. Too much pressure on each parameters. Not driving Target as per branch size or branch's seniority. Job security is almost nil. Threatened by management on job

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Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 13 Sep 2023

1.0
 for  Salary and Benefits

Likes

Nothing I just only like that they give you the off but in that off they cut the salary also what is the job is this??? So it means I don't like this job, they don't hire you permanently because of if you don't give the targeted thing they will don't give you the salary and they expect ki hum inko itna Business karke de ki jitna Inka bhai karke dede

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Dislikes

I don't like to work in this company as employee and already working in this bank as I am very disappointed in this company by seniors saloni bhalla territory manager of sepl and pradeep saluja state head of sepl. I feel discrimination in this company by the seniors and the other staff I am also like them I wanted to fall so I can work at there but I really didn't felt about that.

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 28 Aug 2023

4.0
 for  Salary and Benefits

Likes

Salary and perks

Dislikes

I worked in Refund team which is fall under RAS, where management is not good. All the appreciation is goes to girls and their closed ones it doesn't matter whether they only sit and scroll the social media whole day. I worked there only for 5 months, decided to leave organisation after completing my 2 months only because management treatment was very bad to me. RAS is good for girl employee only as management has soft corner for them, further understand what I am trying to tell here.

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IDFC FIRST Bank Recovery Manager Salary FAQs

What is the salary of Recovery Manager at IDFC FIRST Bank Pune?
Recovery Manager salary at IDFC FIRST Bank in Pune ranges between ₹5.5 Lakhs to ₹9.5 Lakhs for experience between 4 years to 10 years. According to our estimates it is 17% more than the average Recovery Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of IDFC FIRST Bank Pune.
How does the salary of a Recovery Manager at IDFC FIRST Bank Pune compare with the average salary range for this job?
The average salary of a Recovery Manager at IDFC FIRST Bank is 17% more than the average salary of a Recovery Manager in Pune. To know exact salary insights, login to view.
What are the top skills required to work as a Recovery Manager at IDFC FIRST Bank?
Management, Legal, MIS Reporting, EMI and Retail Banking are some of the popular skills required to work as a Recovery Manager at IDFC FIRST Bank Pune.
What is the salary of a Recovery Manager in companies similar to IDFC FIRST Bank in Pune?
  • Kotak Mahindra Bank Recovery Manager Salary - ₹4.9 Lakhs to ₹7.7 Lakhs per year
What is the estimated take home salary of a Recovery Manager at IDFC FIRST Bank in Pune?
The estimated take-home salary of a Recovery Manager at IDFC FIRST Bank ranges between ₹58,478 per month to ₹59,952 per month in Pune. The take-home salary calculation is based on the average IDFC FIRST Bank Recovery Manager salary in India which ranges between ₹5.5 Lakhs to ₹9.5 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Recovery Manager at IDFC FIRST Bank in Pune?
According to AmbitionBox, 100% of the IDFC FIRST Bank Recovery Managers in Pune reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IDFC FIRST Bank Recovery Manager salary in Pune ranges between ₹5.5 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.