Piramal Capital Housing Finance Mumbai Branch Recovery Manager Salaries by 7 Employees

6 - 13 years exp.

₹4.2 Lakhs - ₹7.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

7% less than the average Branch Recovery Manager Salary in NBFC Companies for 6 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Recovery Manager Salary 6 - 13 years exp. (4 salaries)	₹5.2 L/yr - ₹7.6 L/yr
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Finance & Accounting Branch Recovery Manager Salary 7 - 10 years exp. (3 salaries)	₹4.2 L/yr - ₹7.7 L/yr

Last Updated: 2 Dec 2024

Branch Recovery Manager salary at Piramal Capital Housing Finance ranges between ₹4.2 Lakhs to ₹7.7 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 7 latest salaries received from various employees of Piramal Capital Housing Finance.

Experience wise Piramal Capital Housing Finance Branch Recovery Manager salaries in Mumbai

Last Updated: 2 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
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8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
9 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
10 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
11 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
12 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹7 L/yr
13 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr

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Recovery Manager Salary

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₹3.78 L/yr - ₹4 L/yr

Salary related reviews for Piramal Capital Housing Finance

4.3

Rated by 4 employees for salary & benefits

Branch Recovery Manager in Rajahmundry

Full Time

Recovery Department

1.0

• posted on 21 Nov 2022

1.0

for Salary and Benefits

Likes

I don't like anything about pchf

Dislikes

... to complete my targets which my higher recovery heads(rrms,zrms )given to me .so I decided to spend my salary which I can effort to pay amount for the customers those who I can trust them, will definitely pay my money in few days and after somedays I received the money from the customer .as like this the process also repated now i paid customer amount through my salary due to the customer inconvience to pay money so I paid some amount and received amount from the customer only because of my pressure to complete my work targets given by the recovery heads (and the recovery heads heavily pressure to me day to day to pay amount by my self or by the customer so I done this(paying some money of mine regarding to customer and receiving amount from the customer). not only me in all over andhra pradesh and telangana so Many recovery managers even now are also doing this thing (paying amount to the customers loan and recieving money)it is my explination rl to the company but without any proper reason without any proper evidence they terminated me even they didn't give any 1st time warning now my age is 50 years I am having two children's they are studying even they didn't thing about my family I didn't find any good job now I am struggling so much even they didn't give me full salary they didn't give my bonus amount due to this company my life is change I can't even find good job even no one helped me so I dislike about working at pchf

Salary - Bad

+5 more

Branch Collection Manager in Jaipur

Full Time

Other Department

2.0

• posted on 07 Jun 2023

1.0

for Salary and Benefits

Likes

Company culture good But sallery increment bad

Job security - Excellent

+1 more

Dislikes

Averege sallery offer latter generate CTC include fix pay but increment time Fix pay remove increment latter se 1.6 year baad jo offer latter generate hua tha increment ka baad wahin pr hi ruka hua dekha jaye to increment zero

Salary - Bad

+1 more

Relationship Manager in Gurgaon / Gurugram

Full Time

Home Loan Department

5.0

• posted on 28 Apr 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Overall good

Relationship Manager in Jaipur

SME (Equipment Finance) Department

5.0

• posted on 26 May 2019

3.0

for Salary and Benefits

Likes

Good environment and lots of learning opportunities.

Skill development - Excellent

+5 more

Dislikes

...ity in dhfl it’s good to me I have work in this organization up line is good . Career growth is high, Salary is little bit low but work satisfaction is high

Relationship Manager in Gurgaon / Gurugram

Other Department

5.0

• posted on 22 Dec 2018

1.0

for Salary and Benefits

Likes

All the departments are helpful like credit and opertation and working style is also good better than others. Experience was good .

Skill development - Good

+4 more

Dislikes

Appraisal is too trribal and not a care for hardworking employees. Salary is also too less for experience employee.

Salary - Bad

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Piramal Capital Housing Finance Branch Recovery Manager Salary FAQs

What is the salary of Branch Recovery Manager at Piramal Capital Housing Finance in Mumbai?

The average salary of a Branch Recovery Manager at Piramal Capital Housing Finance in Mumbai typically ranges from ₹4.2 Lakhs to ₹7.7 Lakhs per year, depending on experience (from 6 years to 13 years).

The top 10% of Branch Recovery Manager in Mumbai at Piramal Capital Housing Finance earn more than ₹7.7 Lakhs per year, and the top 1% earn over ₹7.7 Lakhs per year. Branch Recovery Manager Salaries at Piramal Capital Housing Finance 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 7 Piramal Capital Housing Finance employees in India.

What is the estimated take home salary of a Branch Recovery Manager at Piramal Capital Housing Finance in Mumbai?

The estimated take-home salary of a Branch Recovery Manager at Piramal Capital Housing Finance in Mumbai typically ranges from ₹42,204 to ₹43,336 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹7.7 Lakhs per year for employees with experience ranging from 6 years to 13 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 7 salaries received from various employees of Piramal Capital Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

How the salary growth look like for a Branch Recovery Manager at Piramal Capital Housing Finance in Mumbai?

The salary growth for a Branch Recovery Manager at Piramal Capital Housing Finance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Branch Recovery Manager in Mumbai can expect the following growth trajectory at Piramal Capital Housing Finance:

Experience	Average Salary Range
6 years	₹4.4 Lakhs to ₹5.7 Lakhs per year
7 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
8 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
9 years	₹4.9 Lakhs to ₹6.3 Lakhs per year

and so on.

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Piramal Capital Housing Finance Branch Recovery Manager Salaries in Mumbai

Piramal Capital Housing Finance Branch Recovery Manager salary in Mumbai ranges between ₹4.2 Lakhs to ₹7.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Piramal Capital Housing Finance latest salaries received from various employees of Piramal Capital Housing Finance.