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IndusInd Bank Recovery Manager salaries in India

Annual salary range
13 - 17 years exp.
₹8.5 Lakhs - ₹11 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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76% 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
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HDFC Bank Recovery Manager Salary

5 - 18 years exp. (18 salaries)

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₹3.1 L/yr - ₹12.7 L/yr

arrow icon 21% 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 23% 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 46% less
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Kotak Mahindra Bank Recovery Manager Salary

1 - 14 years exp. (25 salaries)

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₹1.8 L/yr - ₹8.4 L/yr

arrow icon 52% less
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RBL Bank Recovery Manager Salary

0 - 12 years exp. (12 salaries)

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₹3.3 L/yr - ₹11 L/yr

arrow icon 33% less
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IDFC FIRST Bank Recovery Manager Salary

2 - 10 years exp. (54 salaries)

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₹5.2 L/yr - ₹10 L/yr

arrow icon 16% less
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Bandhan Bank Recovery Manager Salary

1 - 13 years exp. (4 salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 59% less
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DCB Bank Recovery Manager Salary

7 - 15 years exp. (3 salaries)

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₹4 L/yr - ₹8.7 L/yr

arrow icon 33% less
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IDBI Bank Recovery Manager Salary

7 - 16 years exp. (6 salaries)

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₹10.8 L/yr - ₹15.5 L/yr

arrow icon 44% more
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₹3.2 L/yr - ₹6.5 L/yr

arrow icon 53% 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.

Latest annual salaries shared by IndusInd Bank Recovery Manager

1y ago
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17 years exp.
1y ago
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16 years exp.
1y ago
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13 years exp.

Experience wise IndusInd Bank Recovery Manager salaries

Last Updated: 10 Sep 2023

Experience Avg Annual Salary
13 years (AmbitionBox Estimate)

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₹7.7 L/yr - ₹9.8 L/yr
15+ years (AmbitionBox Estimate)

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₹8.8 L/yr - ₹11.2 L/yr

Similar Designation salaries in IndusInd Bank

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(28 salaries)
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₹5 L/yr - ₹14 L/yr
Deputy Manager Salary
(3.7k salaries)
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₹1.7 L/yr - ₹8.13 L/yr
Debt Manager Salary
(3 salaries)
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₹4.63 L/yr - ₹9.5 L/yr
Agency Manager Salary
(3 salaries)
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₹3.5 L/yr - ₹12 L/yr
Area Manager Salary
(57 salaries)
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₹6.2 L/yr - ₹21.65 L/yr
Branch Manager Salary
(1k salaries)
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₹6 L/yr - ₹25 L/yr
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₹1.45 L/yr - ₹10.12 L/yr
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₹3 L/yr - ₹13.57 L/yr
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₹6 L/yr - ₹17 L/yr
Team Lead Salary
(99 salaries)
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₹1.44 L/yr - ₹7 L/yr

Salary related reviews for IndusInd Bank

5.0

Rated by 1 employees for salary & benefits

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..

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 09 Jun 2023

3.0
 for  Salary and Benefits

Likes

The Salary is good and nothing else.

Dislikes

The work culture is very bad, especially the reporting managers are just toxic people. They demoralise you rather than influence and inspire. The bank is fond of one thing and that is money. I was in ARD and trust me when I say that they treat you like some commodity which can be used and used only. And you can be assured that at the end end of the day whether your mental health is good or bad they don't care and they won't be bothered by your sad situation. Moreover they do nothing, so that your mental health can improve. You are put under extreme demands and unimaginable pressure both mentally and physically for every day. My opinion is don't join there as the internal workings of the bank is just next to a slum.

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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.

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Dislikes

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

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 14 Jan 2024

3.0
 for  Salary and Benefits

Likes

Getting salary at 25 of every month

Dislikes

90% people resigned on 3 months People who serve 3 yr , 4 yr in other banks , didn't survived No job security Worst culture Managers used to shoutout Abusing culture This bank is bleeding for new customer Everyone asking for resigne here Branch manager, channel head , zh , rh. every person will get ask for resign from 1st month every morning. Every one have to open savings account everyday otherwise person have to resign. If someone can not open 40 accounts in 2 month person will get pressurized for resignation. Have to through pamphlets in park and have to stand in mall , have to run in local market to ask about account weather you are Mba or CA.. they are going to behave you like slave .

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 30 Jan 2023

2.0
 for  Salary and Benefits

Likes

We are working for our family .Else organisation culture is worst. They think employee is like a boiler chicken who produce daily life insurence for them.

read more

Dislikes

Appraisals and bonus. No timing for appraisals.

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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.

Tell us how to improve this page.

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