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Indian Bank Recovery Agent salaries in India

Annual salary range
4 - 6 years exp.
₹1.8 Lakh - ₹3 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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8% more than the average Recovery Agent Salary in Banking Companies for 4 - 6 years of experience

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Last Updated: 23 Aug 2024

Companies similar to Indian Bank for Recovery Agent

Company name Avg Annual Salary Open Jobs
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State Bank of India Recovery Agent Salary

0 - 6 years exp. (13 salaries)

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₹0.2 L/yr - ₹3.5 L/yr

arrow icon 32% less
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HDFC Bank Recovery Agent Salary

0 - 5 years exp. (30 salaries)

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₹1.2 L/yr - ₹3.5 L/yr

arrow icon 1% less
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ICICI Bank Recovery Agent Salary

0 - 4 years exp. (8 salaries)

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₹1.8 L/yr - ₹5 L/yr

arrow icon 2% more
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Axis Bank Recovery Agent Salary

0 - 5 years exp. (4 salaries)

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₹2 L/yr - ₹2.2 L/yr

arrow icon 17% less
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Punjab National Bank Recovery Agent Salary

1 - 3 years exp. (6 salaries)

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₹1.2 L/yr - ₹3.6 L/yr

arrow icon 31% less
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Canara Bank Recovery Agent Salary

0 - 10 years exp. (3 salaries)

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₹2 L/yr - ₹5.5 L/yr

arrow icon 30% more
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Kotak Mahindra Bank Recovery Agent Salary

1 - 3 years exp. (6 salaries)

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₹1.2 L/yr - ₹2.5 L/yr

arrow icon 13% less
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IndusInd Bank Recovery Agent Salary

0 - 6 years exp. (12 salaries)

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₹1.4 L/yr - ₹3 L/yr

arrow icon 12% less
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IDFC FIRST Bank Recovery Agent Salary

1 - 5 years exp. (7 salaries)

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₹1.2 L/yr - ₹3.7 L/yr

arrow icon 10% less
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Bank of Maharashtra Recovery Agent Salary

3 - 8 years exp. (4 salaries)

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₹3 L/yr - ₹4 L/yr

arrow icon 35% more
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AU Small Finance Bank Recovery Agent Salary

0 - 5 years exp. (4 salaries)

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₹2 L/yr - ₹4 L/yr

arrow icon 8% more
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Bandhan Bank Recovery Agent Salary

1 - 3 years exp. (3 salaries)

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₹2.6 L/yr - ₹2.7 L/yr

arrow icon 1% more
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₹4.1 L/yr - ₹5.2 L/yr

arrow icon 71% more

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Recovery Agent salary at Indian Bank ranges between ₹1.8 Lakh to ₹3 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Indian Bank.

Latest annual salaries shared by Indian Bank Recovery Agent

4mo ago
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6 years exp.
10mo ago
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5 years exp.
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4 years exp.
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6 years exp.

Experience wise Indian Bank Recovery Agent salaries

Last Updated: 23 Aug 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹3.8 L/yr

Similar Designation salaries in Indian Bank

Accountant Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.7 L/yr
Team Lead Salary
(4 salaries)
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₹4.7 L/yr - ₹18 L/yr
Account Assistant Salary
(AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.6 L/yr
Deputy Manager Salary
(4 salaries)
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₹5.1 L/yr - ₹18 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
Branch Manager Salary
(84 salaries)
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₹5.95 L/yr - ₹21.8 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Sales Officer Salary
(4 salaries)
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₹2.2 L/yr - ₹3 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
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₹8 L/yr - ₹15 L/yr

Salary related reviews for Indian Bank

BFSI, Investments & Trading Department

3.0
  •  posted on 19 Mar 2022

4.0
 for  Salary and Benefits

Likes

Job security, some of good Managers, Salary and Compensation is good. Its a government job but culture is quite like private job.

read more
  • Salary - Good
  • +2 more

Dislikes

Very much shortage of Staff, Some of the Mangement staff Behaviour is rude and Superior behaves like bossy. Too much workload due to immensely shortage of Staff. Bad promotion policy . Not all the time deserving candidate gets promotion. Transfer policy is poor. They do not consider your request unless you know someone who has influence.

read more
  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 28 Nov 2024

5.0
 for  Salary and Benefits

Likes

Job security, good pay, ability to gain knowledge and connections.

  • Salary - Excellent
  • +4 more

Dislikes

Impossible targets, harassing in meeting stating transfers, expecting to work overtime even on holidays, unapproachable and unheedful HR personnel.

read more
  • Company culture - Poor

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 24 Jul 2024

4.0
 for  Salary and Benefits

Likes

Salary and allowances are decent. And if you are lucky enough to get a good manager, you life will be good.

read more
  • Salary - Good
  • +1 more

Dislikes

Extremely bad work culture. Huge burden of targets, even new joinees are not spared! They won't give you an opportunity to learn, they only care about their business figures! Bad postings in unlivable rural areas. Yes perks and allowances are good, but often times you have to beg them to get those. Corrupt practices undertaken by HRM section, people of certain communities are given preference over the other. And if you dare to raise your voice against such injustice, you will be harassed even more.

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 05 Jul 2024

3.0
 for  Salary and Benefits

Likes

Salary in PSBs is the only thing you can term as a positive.

Dislikes

Work life balance is non existent. Management will bluntly put it that they do not care about your health or mental condition. Targets are unrealistic and everybody is out to pressurize branches as much possible, even encouraging unethical and fraudulent practices. HR is non existent. You will be forced to work long hours to satisfy the ego of the management. Join at your own risk.

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 23 Mar 2022

3.0
 for  Salary and Benefits

Likes

...f diversified roles in various verticals along different geographical locations.The employees enjoy several Perks and allowances alongside their salary.It has a great job security and social status too.

read more
  • Job security - Excellent
  • +3 more

Dislikes

The job can be a bit monotonus and repetitive at times. The salary is decent at first but the growth is stagnant after a time period. The far off rural postings brings several challenges and hardships too. The transfers are frequent.

read more
see more salary related reviews

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Indian Bank Recovery Agent Salary FAQs

What is the salary of Recovery Agent at Indian Bank?
Recovery Agent salary at Indian Bank in India ranges between ₹1.8 Lakhs to ₹3.0 Lakhs for experience between 4 years to 6 years. According to our estimates it is 8% more than the average Recovery Agent Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Indian Bank India.
How does the salary of a Recovery Agent at Indian Bank India compare with the average salary range for this job?
The average salary of a Recovery Agent at Indian Bank is 8% more than the average salary of a Recovery Agent in India. To know exact salary insights, login to view.
Which similar companies are paying more than Indian Bank to a Recovery Agent in India?
  • Jana Small Finance Bank Recovery Agent Salary - ₹4.1 Lakhs to ₹5.2 Lakhs per year
  • Bank of Maharashtra Recovery Agent Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
  • Canara Bank Recovery Agent Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year
  • AU Small Finance Bank Recovery Agent Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
  • ICICI Bank Recovery Agent Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year
What is the salary of a Recovery Agent in companies similar to Indian Bank in India?
  • Bandhan Bank Recovery Agent Salary - ₹2.6 Lakhs to ₹2.7 Lakhs per year
  • HDFC Bank Recovery Agent Salary - ₹1.2 Lakhs to ₹3.5 Lakhs per year
  • IDFC FIRST Bank Recovery Agent Salary - ₹1.2 Lakhs to ₹3.7 Lakhs per year
  • IndusInd Bank Recovery Agent Salary - ₹1.4 Lakhs to ₹3.0 Lakhs per year
  • Kotak Mahindra Bank Recovery Agent Salary - ₹1.2 Lakhs to ₹2.5 Lakhs per year
What is the estimated take home salary of a Recovery Agent at Indian Bank in India?
The estimated take-home salary of a Recovery Agent at Indian Bank ranges between ₹18,553 per month to ₹20,238 per month in India. The take-home salary calculation is based on the average Indian Bank Recovery Agent salary in India which ranges between ₹1.8 Lakhs to ₹3.0 Lakhs per year for employees with experience between 4 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Recovery Agent at Indian Bank?
According to AmbitionBox, 75% of the Indian Bank Recovery Agents reported a notice period of 1 Month, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Indian Bank Recovery Agent salary in India ranges between ₹1.8 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Indian Bank latest salaries received from various employees of Indian Bank.