Shriram Finance Chennai Recovery Manager Salaries by 3 Employees (Updated 2024)

4 - 10 years exp.

₹2.1 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

27% less than the average Recovery Manager Salary in NBFC Companies for 4 - 10 years of experience

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Last Updated: 29 May 2024

Companies similar to Shriram Finance for Recovery Manager in Chennai

Shriram Finance Recovery Manager Salary

4 - 10 years exp. (3 salaries)

₹2.1 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Salma International Recovery Manager Salary 20 - 22 years exp. (3 salaries)	₹4.5 L/yr - ₹5.8 L/yr 85% more
Piramal Capital Housing Finance Recovery Manager Salary 1 - 2 years exp. (3 salaries)	₹3.5 L/yr - ₹4.1 L/yr 45% more
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SMFG India Credit Recovery Manager Salary 3 - 8 years exp. (3 salaries)	₹2.6 L/yr - ₹5 L/yr 53% more

Recovery Manager salary at Shriram Finance ranges between ₹2.1 Lakhs to ₹3.5 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of Shriram Finance.

Experience wise Shriram Finance Recovery Manager salaries in Chennai

Last Updated: 29 May 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.9 L/yr
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6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
7 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
8 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
9 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
10 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹4.9 L/yr

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Similar Designation salaries in Shriram Finance

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Salary related reviews for Shriram Finance

3.1

Rated by 2 employees for salary & benefits

Deputy Manager in Nagpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 23 Jul 2023

4.0

for Salary and Benefits

Likes

Best Working culture, seniors very supportive, friendly, lots of learning, we get a chance to explore ourself, lots of opportunities for learning new things. Equal treatment. Treating as one family.

Dislikes

...nough per year but salary increment is poor. it does not meet our requirements . Salary hike very low.

Branch Manager in Kanpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Jul 2023

3.0

for Salary and Benefits

Likes

I am working here last 2 yrs as a Branch manager in life insurance, job security for a long time for good candidates.. Work-life balance and earning so much in life insurance and FD targets.

Dislikes

Salary package short on BM profile

Branch Manager in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

2.0

• posted on 28 May 2023

3.0

for Salary and Benefits

Likes

Company norms, policies and insensitive structure very good.

Dislikes

Low salary, torcher, no growth, any movement position downfall, no office timings, no holidays ( holidays only formalities purpose, including Sunday also) Some supiriors worst behaviour & mentality, no job guarantee.

Branch Manager in Karol Bagh

Full Time

Sales & Business Development Department

4.0

• posted on 25 Sep 2024

3.0

for Salary and Benefits

Likes

Shriram finance co. is very good. the support of the operation team is good. every FY there some salary increase the products are good according to the market, Shriram finance has its own identity in the market.

Dislikes

The behavior of the reporting manager is not good , he talks to abusively. he is always trying to show himself superior and others inferior , that is why no one wants to work with him. Shriram finance is a very good co. but because of this no one wants to work with him.

Collections Manager in Virudhunagar

Production, Manufacturing & Engineering Department

4.0

• posted on 20 Mar 2022

5.0

for Salary and Benefits

Likes

Company policies are good, salary hike is for every 2 years and bonus every year, job security is good.

Dislikes

...doesn't address our issues,they give incentives but negative is they adjust the Minimum granteed incentive credited in salary..

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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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Shriram Finance Recovery Manager Salary FAQs

What is the notice period for Recovery Manager at Shriram Finance in Chennai?

According to AmbitionBox, 100% of the Shriram Finance Recovery Managers in Chennai reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Shriram Finance Recovery Manager Salaries in Chennai

Shriram Finance Recovery Manager salary in Chennai ranges between ₹2.1 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Shriram Finance latest salaries received from various employees of Shriram Finance.