SBI Cards & Payment Services Recovery Manager Salaries by 7 Employees (Updated 2025)

10 - 13 years exp.

₹9.6 Lakhs - ₹13.3 Lakhs

Low Confidence

Salary of majority employees

97% more than the average Recovery Manager Salary in Financial Services Companies for 10 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Recovery Manager Salary 10 - 13 years exp. (4 salaries)	₹10 L/yr - ₹13.3 L/yr
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Customer Success, Service & Operations Recovery Manager Salary 10 - 12 years exp. (3 salaries)	₹9.6 L/yr - ₹12 L/yr

Last Updated: 18 Feb 2025

Companies similar to SBI Cards & Payment Services 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 - ₹13.5 L/yr 29% less
ICICI Bank Recovery Manager Salary 2 - 13 years exp. (5 salaries)	₹5.5 L/yr - ₹9 L/yr 32% less
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Axis Bank Recovery Manager Salary 5 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹9 L/yr 53% less
Kotak Mahindra Bank Recovery Manager Salary 1 - 14 years exp. (25 salaries)	₹1.8 L/yr - ₹8.2 L/yr 56% less
IndusInd Bank Recovery Manager Salary 13 - 17 years exp. (3 salaries)	₹8.5 L/yr - ₹11 L/yr 12% less
RBL Bank Recovery Manager Salary 0 - 12 years exp. (11 salaries)	₹3.3 L/yr - ₹11 L/yr 42% less
IDFC FIRST Bank Recovery Manager Salary 1 - 10 years exp. (65 salaries)	₹4 L/yr - ₹10 L/yr 28% less

Recovery Manager salary at SBI Cards & Payment Services ranges between ₹9.6 Lakhs to ₹13.3 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 7 latest salaries received from various employees of SBI Cards & Payment Services.

Experience wise SBI Cards & Payment Services Recovery Manager salaries

Last Updated: 18 Feb 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹9.9 L/yr
11 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹11 L/yr
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12 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹12 L/yr
13 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹13.3 L/yr

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Salary related reviews for SBI Cards & Payment Services

4.7

Rated by 3 employees for salary & benefits

Collections Manager in Kolkata

Full Time

Other Department

1.0

• posted on 29 May 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Pure lala company upper management collection head stay around 20 years huge salary not doing any thing company now at bad time forcing to paper down if you not oiling them worst pool for collection abusing in conference call hr doing nothing ceo changes after 3years enjoying there life for 3years Monday to Sunday no holiday

Salary - Bad

+6 more

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 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

Sales Executive in Odisha

Innov pvt ltd Department

5.0

• posted on 07 Feb 2022

5.0

for Salary and Benefits

Likes

...ork environment and culture. There is a huge cafeterria and gaming for chilling. Company policy are good, appraisals are fair and they give salary hike and bonus every year. But this process not available because complete soon but ni hike salary no bunus so

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't adress our issues salary is decent but career growth is zero.

Sales Executive in Ernakulam

Credit Card Sales Department

1.0

• posted on 26 Feb 2022

1.0

for Salary and Benefits

Likes

The worst company ever.. and they are fraud they are cheating the candidates in the name of salary fraud there is no job security no benefits ntng

Dislikes

No salary they are cheated in the name of package and there is no attendance they are fraud

Salary - Bad

+6 more

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (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 Manager Salary FAQs

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

Recovery Manager salary at SBI Cards & Payment Services in India ranges between ₹9.6 Lakhs to ₹13.3 Lakhs for experience between 10 years to 13 years. According to our estimates it is 97% more than the average Recovery Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of SBI Cards & Payment Services India.

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

The average salary of a Recovery Manager at SBI Cards & Payment Services is 97% more than the average salary of a Recovery Manager in India. To know exact salary insights, login to view.

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

IndusInd Bank Recovery Manager Salary - ₹8.5 Lakhs to ₹11.0 Lakhs per year
IDFC FIRST Bank Recovery Manager Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
HDFC Bank Recovery Manager Salary - ₹3.5 Lakhs to ₹13.5 Lakhs per year
ICICI Bank Recovery Manager Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year
RBL Bank Recovery Manager Salary - ₹3.3 Lakhs to ₹11.0 Lakhs per year

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

The estimated take-home salary of a Recovery Manager at SBI Cards & Payment Services ranges between ₹76,009 per month to ₹77,979 per month in India. The take-home salary calculation is based on the average SBI Cards & Payment Services Recovery Manager salary in India which ranges between ₹9.6 Lakhs to ₹13.3 Lakhs per year for employees with experience between 10 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the SBI Cards & Payment Services Recovery Managers reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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SBI Cards & Payment Services Recovery Manager Salaries

SBI Cards & Payment Services Recovery Manager salary in India ranges between ₹9.6 Lakhs to ₹13.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 SBI Cards & Payment Services latest salaries received from various employees of SBI Cards & Payment Services.