Motilal Oswal Financial Services Recovery Officer Salaries by 4 Employees (Updated 2024)

1 - 6 years exp.

₹2.1 Lakhs - ₹3.3 Lakhs

Low Confidence

Salary of majority employees

5% less than the average Recovery Officer Salary in Financial Services Companies for 1 - 6 years of experience

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Salaries in different departments

Marketing & Communication Recovery Officer Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Finance & Accounting Recovery Officer Salary 3 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 L/yr

Last Updated: 26 Jun 2024

Companies similar to Motilal Oswal Financial Services for Recovery Officer

Company name	Avg Annual Salary	Open Jobs
Edelweiss Recovery Officer Salary 2 - 4 years exp. (4 salaries)	₹3 L/yr - ₹3.8 L/yr 29% more
Bajaj Finserv Recovery Officer Salary 1 - 6 years exp. (50 salaries)	₹1.4 L/yr - ₹4 L/yr 16% more
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MAS Financial Services Recovery Officer Salary 0 - 7 years exp. (4 salaries)	₹1.8 L/yr - ₹3.3 L/yr 7% more
Shriram Finance Recovery Officer Salary 1 - 8 years exp. (103 salaries)	₹1.3 L/yr - ₹3.8 L/yr 4% more
Jana Small Finance Bank Recovery Officer Salary 0 - 6 years exp. (49 salaries)	₹1.3 L/yr - ₹2.9 L/yr 7% less

Recovery Officer salary at Motilal Oswal Financial Services ranges between ₹2.1 Lakhs to ₹3.3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Motilal Oswal Financial Services.

Experience wise Motilal Oswal Financial Services Recovery Officer salaries

Last Updated: 26 Jun 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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3 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.3 L/yr

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Top skills at Motilal Oswal Financial Services for Recovery Officer

Collections DRT Recovery

Salary related reviews for Motilal Oswal Financial Services

4.0

Rated by 2 employees for salary & benefits

Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 12 Apr 2024

2.0

for Salary and Benefits

Likes

Nothing to like about MOFSL No work life balance at all. Toxic work environment.

Dislikes

...e sales target, no training job products. Hr & manager is not supportive at all. Even salary is deduced without prior notice to employees. if target not achieved. Fnf settlement even not paid if they have terminated u in notice period. Pls don't join here.

Relationship Manager in Mumbai

Full Time

Sales & Business Development Department

5.0

• posted on 18 Dec 2023

3.0

for Salary and Benefits

Likes

Being always supportive nature here including managers, HRs. They keep motivating and focus on our work. our work is always been appreciated at MOFSL, also faced some challenges in work but with the help of seniors was able to overcome it. love to work at MOTILAL OSWAL Financial Services Limited.

Dislikes

Nothing as of such, just salary hike is slow

Relationship Manager in Indore

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 May 2023

3.0

for Salary and Benefits

Likes

Management teams are good you will never face any kind of issue regarding your salary.

Dislikes

Maximum time politics you will face in every department and infront you they will be like all things are good but behind you they talk shit about you if you ask for any kind of help they will say yes and forget, you will never get any help for any things. Everyone wants to be boss here. Talking in a same tone every time and big big promises every were. Don't trust anyone here if you trust them in every manger. Then it's your fault in case of your manager or colleagues.

Sales Executive in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 21 Oct 2023

5.0

for Salary and Benefits

Likes

Company is really very good... Staff like Hr admin security also fantastic... Salary is on time. paid leaves 45 in a year. Company also provide picnic facility, month's last Friday as fun Friday along with snacks, extra programs from HR team and big function on annual day.

Dislikes

If you wanna die then join thane branch of this company. Never logout on time, sometime 8.30 pm, sometimes 8pm and if your luck is with you then 7.30pm. working on Sunday, sometime working on companies holiday. In the morning if late for just 2min manager will give lecture minimum 30 min. He will compare you with everyone no matter how your performance is. And specially if you are Muslim no break for namaz on fridays. no early leave in ramzan month. According to him if you are keeping roja then you have to manage your own. No mercy.

Branch Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 May 2023

2.0

for Salary and Benefits

Likes

Learning Culture is good Specially in Frnachise Department

Dislikes

Work timing over strict. Appraisal rate 5 to 8% No Bonus Sysytem Very Very Tough Incentive Policies worst Poor System of Back Office and Lengthy Procedure for all. Office open during National Holidays No family life

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Salary Discussions, Hike & Promotions

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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Motilal Oswal Financial Services Recovery Officer Salary FAQs

What is the salary of Recovery Officer at Motilal Oswal Financial Services?

Recovery Officer salary at Motilal Oswal Financial Services in India ranges between ₹2.1 Lakhs to ₹3.3 Lakhs for experience between 1 years to 6 years. According to our estimates it is 5% less than the average Recovery Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Motilal Oswal Financial Services India.

How does the salary of a Recovery Officer at Motilal Oswal Financial Services India compare with the average salary range for this job?

The average salary of a Recovery Officer at Motilal Oswal Financial Services is 5% less than the average salary of a Recovery Officer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Recovery Officer at Motilal Oswal Financial Services?

Collections, DRT and Recovery are some of the popular skills required to work as a Recovery Officer at Motilal Oswal Financial Services India.

Which similar companies are paying more than Motilal Oswal Financial Services to a Recovery Officer in India?

Edelweiss Recovery Officer Salary - ₹3.0 Lakhs to ₹3.8 Lakhs per year
Bajaj Finserv Recovery Officer Salary - ₹1.4 Lakhs to ₹4.0 Lakhs per year
MAS Financial Services Recovery Officer Salary - ₹1.8 Lakhs to ₹3.3 Lakhs per year
Shriram Finance Recovery Officer Salary - ₹1.3 Lakhs to ₹3.8 Lakhs per year

What is the salary of a Recovery Officer in companies similar to Motilal Oswal Financial Services in India?

Jana Small Finance Bank Recovery Officer Salary - ₹1.3 Lakhs to ₹2.9 Lakhs per year

What is the estimated take home salary of a Recovery Officer at Motilal Oswal Financial Services in India?

The estimated take-home salary of a Recovery Officer at Motilal Oswal Financial Services ranges between ₹17,434 per month to ₹19,135 per month in India. The take-home salary calculation is based on the average Motilal Oswal Financial Services Recovery Officer salary in India which ranges between ₹2.1 Lakhs to ₹3.3 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Recovery Officer at Motilal Oswal Financial Services?

According to AmbitionBox, 100% of the Motilal Oswal Financial Services Recovery Officers 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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Motilal Oswal Financial Services Recovery Officer Salaries

Motilal Oswal Financial Services Recovery Officer salary in India ranges between ₹2.1 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Motilal Oswal Financial Services latest salaries received from various employees of Motilal Oswal Financial Services.