SBFC Finance Recovery Officer Salaries by 5 Employees

0 - 4 years exp.

₹2.5 Lakhs - ₹3.5 Lakhs

Salary of majority employees

7% more than the average Recovery Officer Salary in NBFC Companies for 0 - 4 years of experience

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Last Updated: 1 Dec 2024

Companies similar to SBFC Finance for Recovery Officer

Company name	Avg Annual Salary	Open Jobs
Shubham Housing Development Finance Recovery Officer Salary 1 - 7 years exp. (12 salaries)	₹2.9 L/yr - ₹4 L/yr 23% more
Kinara Capital Recovery Officer Salary 1 - 9 years exp. (10 salaries)	₹2.4 L/yr - ₹3.5 L/yr 1% less
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Home Credit Finance Recovery Officer Salary 1 - 6 years exp. (9 salaries)	₹2 L/yr - ₹4 L/yr 12% more
Sammaan Capital Limited Recovery Officer Salary 1 - 6 years exp. (9 salaries)	₹2.3 L/yr - ₹3.3 L/yr 4% less
PNB Housing Finance Recovery Officer Salary 0 - 8 years exp. (6 salaries)	₹2.5 L/yr - ₹3.1 L/yr 8% less
Hero FinCorp Recovery Officer Salary 0 - 5 years exp. (4 salaries)	₹0.2 L/yr - ₹2.4 L/yr 44% less
Aptus Value Housing Finance India Recovery Officer Salary 3 - 9 years exp. (4 salaries)	₹2.3 L/yr - ₹3 L/yr 8% less
Kogta Financial India Limited Recovery Officer Salary 2 - 7 years exp. (4 salaries)	₹2.4 L/yr - ₹3 L/yr 7% less
Bajaj Housing Finance Recovery Officer Salary 1 - 4 years exp. (4 salaries)	₹2 L/yr - ₹3.2 L/yr 4% less
MAS Financial Services Recovery Officer Salary 0 - 7 years exp. (4 salaries)	₹1.8 L/yr - ₹3.3 L/yr 7% less
Hinduja Leyland Finance Recovery Officer Salary 3 - 9 years exp. (3 salaries)	₹1.7 L/yr - ₹2.8 L/yr 23% less
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Recovery Officer salary at SBFC Finance ranges between ₹2.5 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 5 latest salaries received from various employees of SBFC Finance.

Experience wise SBFC Finance Recovery Officer salaries

Last Updated: 1 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1 L/yr - ₹2.9 L/yr
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.7 L/yr
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2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.1 L/yr
3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr

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Process Developer Salary

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Top skills at SBFC Finance for Recovery Officer

Collection Management Collections Loan Recovery Debt Management Field Collections Debt Recovery

Salary related reviews for SBFC Finance

2.0

Rated by 1 employees for salary & benefits

Accountant (working remotely)

Finance & Accounting Department

1.0

• posted on 15 Nov 2022

1.0

for Salary and Benefits

Likes

They are just taking advantage of employee's weakness. They just offered only 2000 rs hike from my previous company salary as they r offering d post for my home town . Useless company. Would never ever refer any of my contacts to SBFC.

Dislikes

Culture is toxic. No working environment. Politics for salary increment. Over all base less and company is going no where.

Salary - Bad

+6 more

Sales Officer in Vadodara

Other Department

5.0

• posted on 16 Sep 2021

5.0

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.

Salary - Excellent

+6 more

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

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SBFC Finance Recovery Officer Salary FAQs

What is the salary of Recovery Officer at SBFC Finance ?

The average salary of a Recovery Officer at SBFC Finance in India typically ranges from ₹2.5 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Recovery Officer at SBFC Finance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Recovery Officer Salaries at SBFC 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 5 SBFC Finance employees in India.

What is the estimated take home salary of a Recovery Officer at SBFC Finance in India?

The estimated take-home salary of a Recovery Officer at SBFC Finance in India typically ranges from ₹20,453 to ₹22,110 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 4 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 5 salaries received from various employees of SBFC Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Recovery Officer at SBFC Finance ?

To be a Recovery Officer at SBFC Finance in india, the key skills required include:

- Collection Management
- Collections
- Loan Recovery
- Debt Management
- Field Collections

These skills are highly valued at SBFC Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than SBFC Finance for Recovery Officer in India?

Shubham Housing Development Finance	₹2.9 Lakhs to ₹4.0 Lakhs per year
Home Credit Finance	₹2.0 Lakhs to ₹4.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBFC Finance, depending on the role and experience level.

What is the salary of a Recovery Officer in companies similar to SBFC Finance in India?

The salary of a Recovery Officer at companies similar to SBFC Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kinara Capital	₹2.4 Lakhs to ₹3.5 Lakhs per year
Sammaan Capital Limited	₹2.3 Lakhs to ₹3.3 Lakhs per year
Bajaj Housing Finance	₹2.0 Lakhs to ₹3.2 Lakhs per year
Kogta Financial India Limited	₹2.4 Lakhs to ₹3.0 Lakhs per year
MAS Financial Services	₹1.8 Lakhs to ₹3.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Recovery Officer at SBFC Finance in India?

The salary growth for a Recovery Officer at SBFC Finance depends on factors such as experience, performance, and promotions. On average, a Recovery Officer can expect the following growth trajectory at SBFC Finance:

Experience	Average Salary Range
Fresher	₹1.0 Lakhs to ₹2.9 Lakhs per year
1 year	₹2.5 Lakhs to ₹4.7 Lakhs per year
2 years	₹2.5 Lakhs to ₹5.1 Lakhs per year
3 years	₹1.2 Lakhs to ₹3.5 Lakhs per year

and so on.

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SBFC Finance Recovery Officer Salaries

SBFC Finance Recovery Officer salary in India ranges between ₹2.5 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SBFC Finance latest salaries received from various employees of SBFC Finance.