SBI Cards & Payment Services Recovery Agent Salaries by 5 Employees (Updated 2025)

1 - 2 years exp.

₹1.5 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

15% less than the average Recovery Agent Salary in Financial Services Companies for 1 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading Recovery Agent Salary 1 year exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Finance & Accounting Recovery Agent Salary 1 year exp. (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.6 L/yr

Last Updated: 30 Oct 2023

Companies similar to SBI Cards & Payment Services for Recovery Agent

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Recovery Agent Salary 0 - 5 years exp. (30 salaries)	₹1.2 L/yr - ₹3.5 L/yr 25% more
ICICI Bank Recovery Agent Salary 0 - 4 years exp. (8 salaries)	₹1.8 L/yr - ₹5 L/yr 30% more
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Axis Bank Recovery Agent Salary 0 - 5 years exp. (4 salaries)	₹2 L/yr - ₹2.2 L/yr 5% more
Kotak Mahindra Bank Recovery Agent Salary 1 - 3 years exp. (6 salaries)	₹1.2 L/yr - ₹2.5 L/yr 10% more
IndusInd Bank Recovery Agent Salary 0 - 6 years exp. (12 salaries)	₹1.4 L/yr - ₹3 L/yr 12% more
American Express Recovery Agent Salary Fresher (4 salaries)	₹9.9 L/yr - ₹12.7 L/yr 429% more
RBL Bank Recovery Agent Salary 0 - 3 years exp. (3 salaries)	₹1.5 L/yr - ₹2.4 L/yr 13% less
IDFC FIRST Bank Recovery Agent Salary 1 - 5 years exp. (7 salaries)	₹1.2 L/yr - ₹3.7 L/yr 14% more
Punjab National Bank Recovery Agent Salary 1 - 3 years exp. (6 salaries)	₹1.2 L/yr - ₹3.6 L/yr 13% less
Canara Bank Recovery Agent Salary 0 - 10 years exp. (3 salaries)	₹2 L/yr - ₹5.5 L/yr 64% more
State Bank of India Recovery Agent Salary 0 - 6 years exp. (13 salaries)	₹0.2 L/yr - ₹3.5 L/yr 14% less
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Bank of Maharashtra Recovery Agent Salary 3 - 8 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 71% more

Recovery Agent salary at SBI Cards & Payment Services ranges between ₹1.5 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Cards & Payment Services.

Experience wise SBI Cards & Payment Services Recovery Agent salaries

Last Updated: 30 Oct 2023

Experience	Avg Annual Salary
1 year (4 salaries)	₹1.5 L/yr - ₹2 L/yr
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2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr

Similar Designation salaries in SBI Cards & Payment Services

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₹3.2 L/yr - ₹6.9 L/yr

Analyst Salary

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₹2 L/yr - ₹4.1 L/yr

Account Assistant Salary

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₹1.2 L/yr - ₹7 L/yr

Deputy Manager Salary

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₹3.85 L/yr - ₹10.5 L/yr

Sales Manager Salary

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₹1.55 L/yr - ₹7.74 L/yr

Branch Manager Salary

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₹3 L/yr - ₹4 L/yr

Senior Associate Salary

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₹3.1 L/yr - ₹6 L/yr

Sales Officer Salary

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₹1.5 L/yr - ₹4.5 L/yr

Salary related reviews for SBI Cards & Payment Services

5.0

Rated by 1 employees for salary & benefits

Relationship Manager in Bangalore / Bengaluru

Full Time

Other Department

5.0

• posted on 13 Feb 2025

5.0

for Salary and Benefits

Likes

Good at working

Salary - Excellent

+6 more

Dislikes

Good Working

Relationship Executive in Siliguri

Full Time

Sales Department

2.0

• posted on 14 Sep 2022

2.0

for Salary and Benefits

Likes

I didn't know anything good about SBI Card actually I didn't experienced anything good there. I was from Siliguri Branch.

Dislikes

...iliguri Branch) are so poor/narrow minded people go get a job and experience it. Even I didn't got my 1month salary. The RM & ASM is so bad they all are idiots.

Salary - Poor

+6 more

Relationship Executive in Agra

Full Time

Sales Department

4.0

• posted on 18 Feb 2022

3.0

for Salary and Benefits

Likes

Job security is good if u prove urself, working culture is normal, and company policies updated time to time.

Skill development - Good

+1 more

Dislikes

Salary package is low. Pressure in Sales is always on but increment & promotion should change with time & performance, but there was always joking apart nothing else...there was always making C in the name of salary increment & promotion👎👎👎their work is more than 10 hours a day that is abnormal.

Relationship Executive in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

5.0

• posted on 19 Mar 2022

5.0

for Salary and Benefits

Likes

IF you do sales and show your capabilities.then u r job will be secured.And incentives structure was great you can earn much if you focus on your target.

Salary - Excellent

+4 more

Dislikes

...hing for Disliking is growth u won't get any growth here without recommendation. Salary will not grow u have to wait for years.

Job security - Poor

Relationship Manager in Borivali West

Full Time

Credit Card Sales Department

1.0

• posted on 08 Dec 2022

1.0

for Salary and Benefits

Likes

No rules Asm ka jo man krta hai wahi yaha hota plz koi job mt krna

Dislikes

...b mt krna 3rd party payroll pe ye log join krwa lete hai 14-15 work krwate hai Koi bhi government holiday nhi dete hai asm aiyasi krta hai salary time pe nhi milta mailta hai jo cut kr k deta hai asm absent mark kr deta hai

Salary - Bad

+6 more

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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SBI Cards & Payment Services Recovery Agent Salary FAQs

What is the salary of Recovery Agent at SBI Cards & Payment Services?

Recovery Agent salary at SBI Cards & Payment Services in India ranges between ₹1.5 Lakhs to ₹3.0 Lakhs for experience between 1 years to 2 years. According to our estimates it is 15% less than the average Recovery Agent Salary in India. Salary estimates are based on 5 latest salaries received from various employees of SBI Cards & Payment Services India.

How does the salary of a Recovery Agent at SBI Cards & Payment Services India compare with the average salary range for this job?

The average salary of a Recovery Agent at SBI Cards & Payment Services is 15% less than the average salary of a Recovery Agent in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI Cards & Payment Services to a Recovery Agent in India?

American Express Recovery Agent Salary - ₹9.9 Lakhs to ₹12.7 Lakhs per year
Bank of Maharashtra Recovery Agent Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
Canara Bank Recovery Agent Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year
ICICI Bank Recovery Agent Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year
HDFC Bank Recovery Agent Salary - ₹1.2 Lakhs to ₹3.5 Lakhs per year

What is the salary of a Recovery Agent in companies similar to SBI Cards & Payment Services in India?

IDFC FIRST Bank Recovery Agent Salary - ₹1.2 Lakhs to ₹3.7 Lakhs per year
IndusInd Bank Recovery Agent Salary - ₹1.4 Lakhs to ₹3.0 Lakhs per year
Kotak Mahindra Bank Recovery Agent Salary - ₹1.2 Lakhs to ₹2.5 Lakhs per year
Axis Bank Recovery Agent Salary - ₹2.0 Lakhs to ₹2.2 Lakhs per year
Punjab National Bank Recovery Agent Salary - ₹1.2 Lakhs to ₹3.6 Lakhs per year

What is the estimated take home salary of a Recovery Agent at SBI Cards & Payment Services in India?

The estimated take-home salary of a Recovery Agent at SBI Cards & Payment Services ranges between ₹14,342 per month to ₹15,853 per month in India. The take-home salary calculation is based on the average SBI Cards & Payment Services Recovery Agent salary in India which ranges between ₹1.5 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?

What is the notice period for Recovery Agent at SBI Cards & Payment Services?

According to AmbitionBox, 67% of the SBI Cards & Payment Services Recovery Agents reported a notice period of 15 days or less, 33% reported a notice period of More than 3 months.This is based on 3 responses on AmbitionBox in last 2 years.

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SBI Cards & Payment Services Recovery Agent Salaries

SBI Cards & Payment Services Recovery Agent salary in India ranges between ₹1.5 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SBI Cards & Payment Services latest salaries received from various employees of SBI Cards & Payment Services.