Maruti Suzuki Recovery Manager Salaries by Employees (Updated 2024)

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₹0.5 Lakh - ₹0.6 Lakh

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Last Updated: 24 Sep 2023

Companies similar to Maruti Suzuki for Recovery Manager

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Recovery Manager Salary 2 - 10 years exp. (54 salaries)	₹5.2 L/yr - ₹10 L/yr 1415% more
Shriram Finance Recovery Manager Salary 4 - 14 years exp. (28 salaries)	₹2 L/yr - ₹6 L/yr 690% more
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Kotak Mahindra Bank Recovery Manager Salary 1 - 14 years exp. (25 salaries)	₹1.8 L/yr - ₹8.4 L/yr 777% more
HDFC Bank Recovery Manager Salary 5 - 18 years exp. (18 salaries)	₹3.1 L/yr - ₹12.7 L/yr 1340% more
Piramal Capital Housing Finance Recovery Manager Salary 0 - 13 years exp. (15 salaries)	₹2.5 L/yr - ₹5.2 L/yr 670% more

Recovery Manager salary at Maruti Suzuki ranges between ₹0.5 Lakh to ₹0.6 Lakh per year for employees with 20 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Maruti Suzuki.

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Salary related reviews for Maruti Suzuki

Relationship Manager in Pali

Full Time

Sales & Business Development Department

5.0

• posted on 16 Sep 2023

3.0

for Salary and Benefits

Likes

The best behaviour with staff members and if uh want to earn much more and you are fresher then just move forward to it

Dislikes

Every was quite good but the basic salary is not so ok but have so much to earn in sales

Deputy Manager in Gurgaon / Gurugram

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Mar 2023

3.0

for Salary and Benefits

Likes

1. From learning perspective MSIL is a good company as they have many models.

Dislikes

1. Work pressure is high but compensation is not that good. 2. Working hours are very high. 3. Work life balance is not good.

Deputy Manager in Gurgaon / Gurugram

Full Time

Research & Development Department

3.0

• posted on 12 May 2023

5.0

for Salary and Benefits

Likes

- Employee benefits - YoY hike & Variable pay - Good for beginners for their learnings and automotive exposure - Highly encouraged for doing innovative stuffs - Person who want to stabilise financially, MSIL is a good option (decide based on the dislikes section)

Dislikes

- Worst Work culture - Company culture won't fit for experienced persons - Top level management is highly conservative and show Arrogance attitude - Weakened HR department - High level of Micro Management - Top management people won't consider you as an employee rather a slave - Hierarchical mindset - Leader/boss delegate the pressure (from their seniors) to all levels - Played good & bad cop game during notice period - Located in the highly air and water polluted region (not preferable for who have lungs related disease, more prone to PM2.5 further may reduce their lifespan) The above points were experienced personally for the tenure of 5 years. I hope this review may save atleast one person from toxic environment.

Deputy Manager in Gurgaon / Gurugram

Full Time

Research & Development Department

3.0

• posted on 13 Dec 2021

4.0

for Salary and Benefits

Likes

Wages and incentives used to be good but not now. So called job security, Yes, but what is the point of a job security if you are not employable somewhere else and grow on a very stagnant basis having managers with very stringent attitude.

Dislikes

Free food, good salary, five days off, shutdown twice in a year.

Deputy Manager in Gurgaon / Gurugram

Full Time

Other Department

3.0

• posted on 21 Sep 2023

5.0

for Salary and Benefits

Likes

1. Compensation is good

Dislikes

1. No work life balance 2. Seniors have huge ego problem 3. Never happens a healthy discussion 4. Intimidating staff 5. Process related systems are outdated and error prone. 6. Approval process in system is tedious and on top of that approval from seniors is a difficult process

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Maruti Suzuki Recovery Manager Salary FAQs

What is the notice period for Recovery Manager at Maruti Suzuki?

According to AmbitionBox, 100% of the Maruti Suzuki 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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Maruti Suzuki Recovery Manager Salaries

Maruti Suzuki Recovery Manager salary in India ranges between ₹0.5 Lakh to ₹0.6 Lakh. This is an estimate based on latest salaries received from employees of Maruti Suzuki.