Shriram Chits Recovery Officer Salaries by 4 Employees

5 - 12 years exp.

₹2.1 Lakhs - ₹2.4 Lakhs

Low Confidence

Salary of majority employees

16% less than the average Recovery Officer Salary in Financial Services Companies for 5 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Recovery Officer Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.4 L/yr
Finance & Accounting Recovery Officer Salary 12 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr
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Marketing & Communication Recovery Officer Salary 5 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr

Last Updated: 4 Jun 2024

Companies similar to Shriram Chits for Recovery Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Home Finance Recovery Officer Salary 1 - 8 years exp. (4 salaries)	₹1.2 L/yr - ₹4.2 L/yr 34% more
Mashreq Global Services Recovery Officer Salary 2 - 6 years exp. (4 salaries)	₹5 L/yr - ₹5.6 L/yr 136% more
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Shriram Finance Recovery Officer Salary 1 - 8 years exp. (108 salaries)	₹1.2 L/yr - ₹3.8 L/yr 17% more
Bajaj Finserv Recovery Officer Salary 2 - 6 years exp. (41 salaries)	₹1.4 L/yr - ₹4.4 L/yr 35% more
Bajaj Finance Recovery Officer Salary 0 - 5 years exp. (40 salaries)	₹1.8 L/yr - ₹4.3 L/yr 15% more

Recovery Officer salary at Shriram Chits ranges between ₹2.1 Lakhs to ₹2.4 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Shriram Chits.

Experience wise Shriram Chits Recovery Officer salaries

Last Updated: 4 Jun 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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7 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
9 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
10 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
11 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
12 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr

View all

Similar Designation salaries in Shriram Chits

Sales Officer Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Collection Officer Salary

(7 salaries)

₹2 L/yr - ₹2.05 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Sales Manager Salary

(9 salaries)

₹1.1 L/yr - ₹3.24 L/yr

Branch Manager Salary

(6 salaries)

₹2.64 L/yr - ₹5 L/yr

Accountant Salary

(20 salaries)

₹2 L/yr - ₹5 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Team Lead Salary

(4 salaries)

₹2 L/yr - ₹2.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Account Assistant Salary

(4 salaries)

₹0.85 L/yr - ₹4.5 L/yr

Salary related reviews for Shriram Chits

Assistant Manager in Nizamabad

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 07 Mar 2024

1.0

for Salary and Benefits

Likes

Diwali bonus given better than company.employe exit after elgible to bonus working period.

Dislikes

Salary not increase.very pressure on normal staff by managers and Dm. Life insurance befit not found every staff.

Salary - Bad

+4 more

Assistant

Finance & Accounting Department

5.0

• posted on 09 Jul 2018

3.0

for Salary and Benefits

Likes

In that company all my colleagues were very kind & also experienced.In training period ,I learned about the company and their products. I also learned several products and different working experience and my Superior also very kind to me.They treated like as a knowledgeable employee and also they know about fully.This company has branches in several states and more than 100 branches.In my work experience I know about me and my knowledge.And we work very happily in collabration. Managers are know about our individual strength.

Skill development - Excellent

+4 more

Dislikes

Salary and other allowances are very poor.The work pressure is moderate but the business torture is so high and compulsorily employee should do business from outside.The working hours are not so correct its depend upon the individuals.

Accounts Officer in Nashik

Full Time

Finance & Accounting Department

3.0

• posted on 08 Oct 2024

3.0

for Salary and Benefits

Likes

Nothing much as there is no career development.

Job security - Good

Dislikes

HR work as there is no paid leaves paid to employees after leaving the company even though you have paid leaves balance.Extra working hours with no extra payment or comp off.

Skill development - Bad

+2 more

SAS Analyst in Pune

Part Time

BFSI, Investments & Trading Department

4.0

• posted on 24 Jun 2023

4.0

for Salary and Benefits

Likes

I came to show you through LinkedIn about your organization. It was long but just wanted to check if still opening is still available. I have total expression of 14.6 years and SAS expression of more than 3.9 year. Please find attached my resume and let know if anything is available with you.

Salary - Good

+6 more

Dislikes

Look like no one sent anything for this week anyways send be below one for the week

Business Development Execute in Vijayawada

Full Time

Sales & Business Development Department

1.0

• posted on 16 May 2024

1.0

for Salary and Benefits

Likes

Manager performance worst Time taken not constant morning 9.00 to night 9.30west so job are good but time not good and no leaves West

Dislikes

Job good but managers time not good rambabu konda jaggaiapet branch that was no qualification of branch manager

Salary - Bad

+6 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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Shriram Chits Recovery Officer Salary FAQs

What is the salary of Recovery Officer at Shriram Chits ?

The average salary of a Recovery Officer at Shriram Chits in India typically ranges from ₹2.1 Lakhs to ₹2.4 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Recovery Officer at Shriram Chits earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹2.4 Lakhs per year. Recovery Officer Salaries at Shriram Chits 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 4 Shriram Chits employees in India.

What is the estimated take home salary of a Recovery Officer at Shriram Chits in India?

The estimated take-home salary of a Recovery Officer at Shriram Chits in India typically ranges from ₹15,606 to ₹17,226 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from 5 years to 12 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 4 salaries received from various employees of Shriram Chits. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shriram Chits for Recovery Officer in India?

Mashreq Global Services	₹5.0 Lakhs to ₹5.6 Lakhs per year
Bajaj Finserv	₹1.4 Lakhs to ₹4.4 Lakhs per year
ICICI Home Finance	₹1.2 Lakhs to ₹4.2 Lakhs per year
Shriram Finance	₹1.2 Lakhs to ₹3.8 Lakhs per year
Bajaj Finance	₹1.8 Lakhs to ₹4.3 Lakhs per year

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

How the salary growth look like for a Recovery Officer at Shriram Chits in India?

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

Experience	Average Salary Range
5 years	₹1.9 Lakhs to ₹2.4 Lakhs per year
6 years	₹1.9 Lakhs to ₹2.4 Lakhs per year
7 years	₹2.0 Lakhs to ₹2.5 Lakhs per year
8 years	₹2.0 Lakhs to ₹2.6 Lakhs per year

and so on.

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Shriram Chits Recovery Officer Salaries

Shriram Chits Recovery Officer salary in India ranges between ₹2.1 Lakhs to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shriram Chits latest salaries received from various employees of Shriram Chits.