Kapil Chit Funds Recovery Manager Salaries by 4 Employees (Updated 2024)

3 - 10 years exp.

₹2.5 Lakhs - ₹8.2 Lakhs

Low Confidence

Salary of majority employees

At par with the average Recovery Manager Salary in FinTech Companies for 3 - 10 years of experience

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Last Updated: 24 Dec 2023

Companies similar to Kapil Chit Funds for Recovery Manager

Company name	Avg Annual Salary	Open Jobs
Shriram Chits Recovery Manager Salary 3 - 8 years exp. (4 salaries)	₹1.2 L/yr - ₹2 L/yr 69% less
IDFC FIRST Bank Recovery Manager Salary 2 - 10 years exp. (54 salaries)	₹5.2 L/yr - ₹10 L/yr 44% more
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Shriram Finance Recovery Manager Salary 4 - 14 years exp. (28 salaries)	₹2 L/yr - ₹6 L/yr 25% less
Kotak Mahindra Bank Recovery Manager Salary 1 - 14 years exp. (25 salaries)	₹1.8 L/yr - ₹8.4 L/yr 17% less
HDFC Bank Recovery Manager Salary 5 - 18 years exp. (18 salaries)	₹3.1 L/yr - ₹12.7 L/yr 36% more

Recovery Manager salary at Kapil Chit Funds ranges between ₹2.5 Lakhs to ₹8.2 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Kapil Chit Funds.

Experience wise Kapil Chit Funds Recovery Manager salaries

Last Updated: 24 Dec 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹14.8 L/yr
4 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
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5 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹10.5 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
9 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
10 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.8 L/yr

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Similar Designation salaries in Kapil Chit Funds

Area Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Branch Manager Salary

(7 salaries)

₹3 L/yr - ₹5.2 L/yr

Collections Manager Salary

(4 salaries)

₹1.2 L/yr - ₹4.5 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Collection Officer Salary

(5 salaries)

₹2 L/yr - ₹3.5 L/yr

Sales Executive Salary

(3 salaries)

₹1.8 L/yr - ₹3.6 L/yr

Collection Associate Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Kapil Chit Funds

5.0

Rated by 1 employees for salary & benefits

Branch Manager in Kosgi

Sales & Business Development Department

5.0

• posted on 05 Apr 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture. Company policies are good, appraisals are fair and they give good salary and bonus every year.

Dislikes

There is a lot of politics and the management doesn't address our issues

Accounts Officer in Anantapur

Full Time

Finance & Accounting Department

3.0

• posted on 26 Mar 2022

3.0

for Salary and Benefits

Likes

No job security. No job satisfaction and No career growth when go outside with this job experience.

Dislikes

No job security and satisfaction No career growth in salary based on experience.No opportunities available when you go outside with this job experience

Badakav in Hyderabad / Secunderabad

Collection & Recovery Department

1.0

• posted on 07 Oct 2022

1.0

for Salary and Benefits

Likes

wrost company ,, taking bill to govt for this frauds

Dislikes

communication , agencies , managers all are waste , dont now how to talk n handle custiomer s just looting public legally , im forwarding same msg to all social groups ...

Field Officer in Nizamabad

Contractual

Other Department

1.0

• posted on 21 Dec 2022

1.0

for Salary and Benefits

Likes

please help me

Dislikes

i send my money to Prasad at nizamabad branch employee he is frod he stole my money and he is talking very rude he didn't give me my money back .he is transfer from srikakulam branch to nizamabad branch.please help me give me my money back

Executive/ Sr Executive - Administration

Full Time

Finance & Accounting Department

5.0

• posted on 14 Jun 2019

5.0

for Salary and Benefits

Likes

firstly i thankful to the founder of this company chairman .here kapil group is the one of the biggest finance company its have the more products and largest chits maintain in this group so better job opportunity and better incomes and have the lakhs of customers satisfactory given to this company my working life is so good in this company employee health bin fits and caring also good income depends on self business. growth also depends on work anyway once again thanks to management

Dislikes

compensation is depends on your own business so its not possible every time at that movement employer presser high and Sundays some time working so this is not like .

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Salary Discussions, Hike & Promotions

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Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Kapil Chit Funds Recovery Manager Salary FAQs

What is the salary of Recovery Manager at Kapil Chit Funds?

Recovery Manager salary at Kapil Chit Funds in India ranges between ₹2.5 Lakhs to ₹8.2 Lakhs for experience between 3 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Kapil Chit Funds India.

Which similar companies are paying more than Kapil Chit Funds to a Recovery Manager in India?

IDFC FIRST Bank Recovery Manager Salary - ₹5.2 Lakhs to ₹10.0 Lakhs per year
HDFC Bank Recovery Manager Salary - ₹3.1 Lakhs to ₹12.7 Lakhs per year

What is the salary of a Recovery Manager in companies similar to Kapil Chit Funds in India?

Kotak Mahindra Bank Recovery Manager Salary - ₹1.8 Lakhs to ₹8.4 Lakhs per year
Shriram Finance Recovery Manager Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
Shriram Chits Recovery Manager Salary - ₹1.2 Lakhs to ₹2.0 Lakhs per year

What is the estimated take home salary of a Recovery Manager at Kapil Chit Funds in India?

The estimated take-home salary of a Recovery Manager at Kapil Chit Funds ranges between ₹41,082 per month to ₹42,231 per month in India. The take-home salary calculation is based on the average Kapil Chit Funds Recovery Manager salary in India which ranges between ₹2.5 Lakhs to ₹8.2 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Recovery Manager at Kapil Chit Funds?

According to AmbitionBox, 100% of the Kapil Chit Funds Recovery Managers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Kapil Chit Funds Recovery Manager Salaries

Kapil Chit Funds Recovery Manager salary in India ranges between ₹2.5 Lakhs to ₹8.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kapil Chit Funds latest salaries received from various employees of Kapil Chit Funds.