IndusInd Bank Recovery Officer Salaries by 5 Employees

1 - 3 years exp.

₹1.8 Lakh - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

22% less than the average Recovery Officer Salary in Banking Companies for 1 - 3 years of experience

Interested in this particular role?

Last Updated: 6 Aug 2023

Companies similar to IndusInd Bank for Recovery Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Recovery Officer Salary 1 - 7 years exp. (33 salaries)	₹1.8 L/yr - ₹4.5 L/yr 43% more
ICICI Bank Recovery Officer Salary 0 - 8 years exp. (15 salaries)	₹1.5 L/yr - ₹3.4 L/yr 12% more
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Axis Bank Recovery Officer Salary 1 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹2.5 L/yr 17% more
Kotak Mahindra Bank Recovery Officer Salary 0 - 5 years exp. (13 salaries)	₹1.7 L/yr - ₹2.7 L/yr 7% more
RBL Bank Recovery Officer Salary 2 - 13 years exp. (4 salaries)	₹0.4 L/yr - ₹5.8 L/yr 34% more
IDFC FIRST Bank Recovery Officer Salary 1 - 4 years exp. (6 salaries)	₹2 L/yr - ₹3 L/yr 18% more
Bandhan Bank Recovery Officer Salary 0 - 5 years exp. (13 salaries)	₹1.4 L/yr - ₹3 L/yr 5% more
DCB Bank Recovery Officer Salary 6 - 10 years exp. (4 salaries)	₹3.3 L/yr - ₹4.5 L/yr 84% more
Jana Small Finance Bank Recovery Officer Salary 1 - 6 years exp. (38 salaries)	₹1.5 L/yr - ₹2.9 L/yr 7% more
Equitas Small Finance Bank Recovery Officer Salary 1 - 11 years exp. (15 salaries)	₹1.7 L/yr - ₹3.8 L/yr 29% more
Bank of Baroda Recovery Officer Salary 0 - 6 years exp. (5 salaries)	₹1 L/yr - ₹5 L/yr 29% more
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Ujjivan Small Finance Bank Recovery Officer Salary 2 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹3 L/yr 32% more
AU Small Finance Bank Recovery Officer Salary 2 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹2.4 L/yr 10% more
Indian Bank Recovery Officer Salary 0 - 5 years exp. (4 salaries)	₹1 L/yr - ₹4 L/yr 21% more
IDBI Bank Recovery Officer Salary 10 - 14 years exp. (3 salaries)	₹14 L/yr - ₹19 L/yr 738% more
Central Bank of India Recovery Officer Salary 1 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹5 L/yr 87% more
Allahabad Bank Recovery Officer Salary 4 - 14 years exp. (3 salaries)	₹2.5 L/yr - ₹9 L/yr 126% more

Recovery Officer salary at IndusInd Bank ranges between ₹1.8 Lakh to ₹2.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 5 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Recovery Officer salaries

Last Updated: 6 Aug 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.7 L/yr
2 years (3 salaries)	₹1.8 L/yr - ₹2.5 L/yr
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3 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.3 L/yr

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Salary related reviews for IndusInd Bank

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

Sales Manager in Surat

Full Time

Sales & Business Development Department

1.0

• posted on 24 Sep 2024

2.0

for Salary and Benefits

Likes

- Salary package good as per market standard.

Dislikes

- Worst Management. - No appreciation for work and achieving targets - Say no every time when trying to apply for leave even if leaves are available and you are informing 2 weeks earlier.

Salary - Poor

+6 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

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IndusInd Bank Recovery Officer Salary FAQs

What is the salary of Recovery Officer at IndusInd Bank ?

The average salary of a Recovery Officer at IndusInd Bank in India typically ranges from ₹1.8 Lakhs to ₹2.5 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Recovery Officer at IndusInd Bank earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Recovery Officer Salaries at IndusInd Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 IndusInd Bank employees in India.

What is the estimated take home salary of a Recovery Officer at IndusInd Bank in India?

The estimated take-home salary of a Recovery Officer at IndusInd Bank in India typically ranges from ₹14,363 to ₹15,875 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from 1 year to 3 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of IndusInd Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IndusInd Bank for Recovery Officer in India?

IDBI Bank	₹14.0 Lakhs to ₹19.0 Lakhs per year
Allahabad Bank	₹2.5 Lakhs to ₹9.0 Lakhs per year
Central Bank of India	₹2.4 Lakhs to ₹5.0 Lakhs per year
DCB Bank	₹3.3 Lakhs to ₹4.5 Lakhs per year
HDFC Bank	₹1.8 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IndusInd Bank, depending on the role and experience level.

What is the salary of a Recovery Officer in companies similar to IndusInd Bank in India?

The salary of a Recovery Officer at companies similar to IndusInd Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

RBL Bank	₹0.4 Lakhs to ₹5.8 Lakhs per year
Ujjivan Small Finance Bank	₹2.2 Lakhs to ₹3.0 Lakhs per year
Bank of Baroda	₹1.0 Lakhs to ₹5.0 Lakhs per year
Equitas Small Finance Bank	₹1.7 Lakhs to ₹3.8 Lakhs per year
Indian Bank	₹1.0 Lakhs to ₹4.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Recovery Officer at IndusInd Bank in India?

The salary growth for a Recovery Officer at IndusInd Bank depends on factors such as experience, performance, and promotions. On average, a Recovery Officer can expect the following growth trajectory at IndusInd Bank:

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹3.7 Lakhs per year
2 years	₹1.8 Lakhs to ₹2.5 Lakhs per year
3 years	₹0.8 Lakhs to ₹2.3 Lakhs per year

and so on.

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IndusInd Bank Recovery Officer Salaries

IndusInd Bank Recovery Officer salary in India ranges between ₹1.8 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IndusInd Bank latest salaries received from various employees of IndusInd Bank.