SBFC Finance Recovery Manager Salaries by 3 Employees (Updated 2025)

2 - 5 years exp.

₹2.8 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

44% less than the average Recovery Manager Salary in NBFC Companies for 2 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Recovery Manager Salary 2 - 5 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹2.9 L/yr
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Finance & Accounting Recovery Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 13 Jan 2025

Companies similar to SBFC Finance for Recovery Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Recovery Manager Salary 5 - 18 years exp. (17 salaries)	₹3.5 L/yr - ₹13 L/yr 142% more
ICICI Bank Recovery Manager Salary 2 - 13 years exp. (5 salaries)	₹5.5 L/yr - ₹9 L/yr 136% more
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Axis Bank Recovery Manager Salary 5 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹9 L/yr 65% more
Kotak Mahindra Bank Recovery Manager Salary 1 - 14 years exp. (25 salaries)	₹1.8 L/yr - ₹8.2 L/yr 52% more
Bajaj Finance Recovery Manager Salary 1 - 8 years exp. (7 salaries)	₹3.5 L/yr - ₹6.2 L/yr 55% more
SBI Cards & Payment Services Recovery Manager Salary 10 - 13 years exp. (7 salaries)	₹9.6 L/yr - ₹13.3 L/yr 259% more
Sammaan Capital Limited Recovery Manager Salary 5 - 11 years exp. (4 salaries)	₹4 L/yr - ₹4.5 L/yr 39% more
PNB Housing Finance Recovery Manager Salary 2 - 10 years exp. (10 salaries)	₹3 L/yr - ₹6 L/yr 68% more
Kinara Capital Recovery Manager Salary 5 - 10 years exp. (5 salaries)	₹3 L/yr - ₹4.8 L/yr 19% more
Shubham Housing Development Finance Recovery Manager Salary 7 - 10 years exp. (4 salaries)	₹3.5 L/yr - ₹4.8 L/yr 39% more
Hero FinCorp Recovery Manager Salary 4 - 6 years exp. (3 salaries)	₹0.7 L/yr - ₹6.8 L/yr 9% more
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Vistaar Finance Recovery Manager Salary 13 - 15 years exp. (3 salaries)	₹4.9 L/yr - ₹7.5 L/yr 102% more
Kotak Mahindra Prime Recovery Manager Salary 4 - 6 years exp. (3 salaries)	₹3.6 L/yr - ₹4.3 L/yr 26% more

Recovery Manager salary at SBFC Finance ranges between ₹2.8 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of SBFC Finance.

Experience wise SBFC Finance Recovery Manager salaries

Last Updated: 13 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr

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Salary related reviews for SBFC Finance

Branch Manager in Jaipur

BFSI, Investments & Trading Department

1.0

• posted on 22 Jan 2021

1.0

for Salary and Benefits

Likes

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

Dislikes

There is a lot of policies and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you can't resign. On the job training is not given to new joiners.

Salary - Bad

+6 more

Branch Manager in Sivasagar

BFSI, Investments & Trading Department

1.0

• posted on 05 Jun 2022

1.0

for Salary and Benefits

Likes

Giving salary on time.

Dislikes

Very worst company to work with. There is no value of HR policies, no working hours, no working days, no balance personal life, no final settlement after leaving the company, no relieving letter. Company spoil your career. I advise not to join the company.

Salary - Bad

+6 more

Collection Officer in Surat

Debt Management Department

3.0

• posted on 10 Jun 2020

3.0

for Salary and Benefits

Likes

I would like to company given salary without deduction due to April and may.but we are working in lockdown time at my home....and may full month going at office and work on field.

Dislikes

Not received appraisal and hike with in 11 months here.

Job security - Poor

+1 more

Branch Sales Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 12 Mar 2024

1.0

for Salary and Benefits

Likes

No reason to like SBFC. all managers are worst in everything. Broken chairs , old school computers eating employees salary by making them victim . HR s are worst in system. Not giving salary . not clearing cases just taking login fees from customer and rejecting the cases. Work starts at 8 am and 11pm should be in office (godown)

Dislikes

Entire company. Yelahanka branch Greatest ASM Mr Devaraj has no money to run his family . Cheating and begging are his part time job inside office.

Salary - Bad

+6 more

Customer Relationship Manager in Jorhat (working remotely)

Full Time

Finance & Accounting Department

2.0

• posted on 10 Jul 2024

3.0

for Salary and Benefits

Likes

On time salary and timing

Dislikes

Sbfc have no ownership quality ... There was no work culture.. They don't understand about employees emotions.. Reporting Boss and His reporting Boss are totally disgusting people..Also they have no sense for the customers views to understand..

Skill development - Poor

+5 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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SBFC Finance Recovery Manager Salary FAQs

What is the notice period for Recovery Manager at SBFC Finance?

According to AmbitionBox, 100% of the SBFC Finance Recovery Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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SBFC Finance Recovery Manager Salaries

SBFC Finance Recovery Manager salary in India ranges between ₹2.8 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SBFC Finance latest salaries received from various employees of SBFC Finance.