SBFC Finance Recovery Manager Salaries by 3 Employees (Updated 2024)

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: 15 Oct 2024

Companies similar to SBFC Finance for Recovery Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Recovery Manager Salary 5 - 18 years exp. (18 salaries)	₹3.1 L/yr - ₹12.7 L/yr 144% 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 - ₹8.4 L/yr 49% more
Bajaj Finance Recovery Manager Salary 1 - 8 years exp. (7 salaries)	₹2.4 L/yr - ₹6.2 L/yr 56% 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 - 6 years exp. (7 salaries)	₹3 L/yr - ₹5.5 L/yr 48% 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 1 - 17 years exp. (3 salaries)	₹5 L/yr - ₹6.8 L/yr 95% 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: 15 Oct 2024

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.

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.

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.

Area Sales Manager in Patna

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 11 Aug 2023

1.0

for Salary and Benefits

Likes

Nothing to like here Infact this question should not be asked here . The work culture is terrible .

Dislikes

...hey have also mentioned this as a clause in your working terms and conditions. Here F and F consist of Two months salary and Settlement amount . Which they will try every possible way to not to clear it. No HR is going to help you any of your issue . After resignation you will get to hear every Threatening messages from Senior management . They will hold your F and F , Ruin your Career, No experience letter and what not . The biggest proof is you will find only new employees in the floor .All the old ones are Either the sugar baby or Relatives of Senior Managers .

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..

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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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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.