IndusInd Bank Recovery Manager Salaries by 3 Employees

13 - 17 years exp.

₹8.5 Lakhs - ₹11 Lakhs

Low Confidence

Salary of majority employees

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73% more than the average Recovery Manager Salary in Banking Companies for 13 - 17 years of experience

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Last Updated: 10 Sep 2023

Companies similar to IndusInd Bank for Recovery Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Recovery Manager Salary 5 - 18 years exp. (17 salaries)	Unlock ₹3.5 L/yr - ₹13.5 L/yr 19% less
ICICI Bank Recovery Manager Salary 2 - 13 years exp. (5 salaries)	Unlock ₹5.5 L/yr - ₹9 L/yr 23% less
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Axis Bank Recovery Manager Salary 5 - 6 years exp. (4 salaries)	Unlock ₹3.6 L/yr - ₹9 L/yr 46% less
Kotak Mahindra Bank Recovery Manager Salary 1 - 14 years exp. (23 salaries)	Unlock ₹1.8 L/yr - ₹8.4 L/yr 50% less
RBL Bank Recovery Manager Salary 0 - 12 years exp. (11 salaries)	Unlock ₹3.3 L/yr - ₹11 L/yr 35% less
IDFC FIRST Bank Recovery Manager Salary 1 - 10 years exp. (65 salaries)	Unlock ₹4 L/yr - ₹10 L/yr 18% less
Bandhan Bank Recovery Manager Salary 1 - 13 years exp. (4 salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr 59% less
DCB Bank Recovery Manager Salary 7 - 15 years exp. (3 salaries)	Unlock ₹4 L/yr - ₹8.7 L/yr 33% less
IDBI Bank Recovery Manager Salary 7 - 16 years exp. (5 salaries)	Unlock ₹10.8 L/yr - ₹15.5 L/yr 46% more
Equitas Small Finance Bank Recovery Manager Salary 10 - 17 years exp. (4 salaries)	Unlock ₹2.9 L/yr - ₹9.7 L/yr 48% less

Recovery Manager salary at IndusInd Bank ranges between ₹8.5 Lakhs to ₹11 Lakhs per year for employees with experience between 13 years to 17 years. Salary estimates are based on 3 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Recovery Manager salaries

Last Updated: 10 Sep 2023

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	Unlock ₹7.7 L/yr - ₹9.8 L/yr
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15+ years (AmbitionBox Estimate)	Unlock ₹8.8 L/yr - ₹11.2 L/yr

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Salary related reviews for IndusInd Bank

5.0

Rated by 1 employees for salary & benefits

Sales Executive in Jabalpur

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 22 Jan 2025

1.0

for Salary and Benefits

Likes

Worst company ...there is no working as per professionally not satisfactory salary, not a company to work

Dislikes

Dislikes about working in indusind banks are alot words are less to describe how bad experience will be in indusind bank ..if someone is willing to work in indusind bank...I would suggest don't waste your precious experience and time in working indusind bank ..try out somewhere else...you will be more ...satisfied working in some other company ...

Salary - Bad

+6 more

Deputy Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 08 Dec 2024

1.0

for Salary and Benefits

Likes

Less pressure than other bank.

Dislikes

...mers like other banks whose basic account starts from rs 2500 like bandhan Bank.And the salary hike is very very low like negligible.

Salary - Bad

+5 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 04 Dec 2024

2.0

for Salary and Benefits

Likes

Job security, salary on time

Job security - Good

Dislikes

At Opus center, Mumbai, Work culture is very pathetic, the super Manager raises issues which are not even required and are small. Work life balance is poor. Hasim Shaikh is Therki and favour majority female employees. Promotion is poorly done.

Salary - Poor

+3 more

Branch Manager in Kochi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Sep 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...nonuse at all...you have to recruit staff...suddenly all policies will change...they ensure u don't get bonus or rating if u do not complete amfi or irda...all these r communicated at last minute...no support n extended targets too which u can never achieve..

Salary - Bad

+6 more

Relationship Manager in Ashok Nagar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Aug 2023

2.0

for Salary and Benefits

Likes

IndusInd Bank is very good organisation in terms of doing business but they are not giving salary hike/appraisal for are employees those who are working since last five years.

Skill development - Excellent

+2 more

Dislikes

Aa an employee I would like to get more salary as I have experience more than 12 years

Salary - Poor

+1 more

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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IndusInd Bank Recovery Manager Salary FAQs

What is the notice period for Recovery Manager at IndusInd Bank?

According to AmbitionBox, 100% of the IndusInd Bank Recovery Managers reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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IndusInd Bank Recovery Manager Salaries

IndusInd Bank Recovery Manager salary in India ranges between ₹8.5 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IndusInd Bank latest salaries received from various employees of IndusInd Bank.