South Indian Bank Recovery Officer Salaries by Employees

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₹9.4 Lakhs - ₹12 Lakhs

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Last Updated: 14 Dec 2023

Companies similar to South Indian Bank for Recovery Officer

Company name	Avg Annual Salary	Open Jobs
Jana Small Finance Bank Recovery Officer Salary 1 - 6 years exp. (38 salaries)	₹1.5 L/yr - ₹2.9 L/yr 79% less
HDFC Bank Recovery Officer Salary 1 - 7 years exp. (33 salaries)	₹1.8 L/yr - ₹4.5 L/yr 72% less
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ICICI Bank Recovery Officer Salary 0 - 8 years exp. (15 salaries)	₹1.5 L/yr - ₹3.4 L/yr 78% less
Bandhan Bank Recovery Officer Salary 0 - 5 years exp. (12 salaries)	₹1.4 L/yr - ₹3 L/yr 78% less
Kotak Mahindra Bank Recovery Officer Salary 0 - 5 years exp. (13 salaries)	₹1.7 L/yr - ₹2.7 L/yr 79% less
IDFC FIRST Bank Recovery Officer Salary 1 - 4 years exp. (6 salaries)	₹2 L/yr - ₹3 L/yr 77% less
IndusInd Bank Recovery Officer Salary 1 - 3 years exp. (5 salaries)	₹1.8 L/yr - ₹2.5 L/yr 81% less
Ujjivan Small Finance Bank Recovery Officer Salary 2 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹3 L/yr 75% less
Axis Bank Recovery Officer Salary 1 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹2.5 L/yr 77% less
RBL Bank Recovery Officer Salary 2 - 13 years exp. (4 salaries)	₹0.4 L/yr - ₹5.8 L/yr 74% less
IDBI Bank Recovery Officer Salary 10 - 14 years exp. (3 salaries)	₹14 L/yr - ₹19 L/yr 62% more
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Central Bank of India Recovery Officer Salary 1 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹5 L/yr 64% less
Mashreq Bank Recovery Officer Salary 3 - 5 years exp. (3 salaries)	₹5 L/yr - ₹6.1 L/yr 47% less
Karur Vysya Bank Recovery Officer Salary 5 - 13 years exp. (4 salaries)	₹5 L/yr - ₹9.4 L/yr 36% less

Recovery Officer salary at South Indian Bank ranges between ₹9.4 Lakhs to ₹12 Lakhs per year for employees with 5 years of experience. Salary estimates are based on 1 latest salaries received from various employees of South Indian Bank.

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Salary related reviews for South Indian Bank

Assistant Manager in Kochi

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 10 May 2024

4.0

for Salary and Benefits

Likes

Salary assured for IBA pay scale staff. No assurance for CTC staff. Not sure what will happen in salary for IBA scale staffs in coming years.

Salary - Good

+1 more

Dislikes

Work culture and work life balance adversely affected after introduction of cluster system in 2021. Excellent in alloting huge targets but worst in getting assistance for departments in solving customer complaints. Mental and physical health of staff seriously affected. Threatening messages through WhatsApp. Have to contact customers through personal mobile so that staff has to attend customer while at home and holidays.

Work satisfaction - Bad

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Officer in Ludhiana

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 May 2024

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for Salary and Benefits

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Salary benefits

Salary - Good

Dislikes

Worst Work Culture,don't waste your potential just for few more money.Huge Target Pressure and Politics, Nepotism at peak only malayali people sit and enjoy being here ,while other staff are tortured , harassed on daily basis.No matter how Educated,good Employee you're if you don't meet their Targets and don't Butter your senior each and every minute.People in Other part of India except kerela don't even know About Bank so think about it how difficult will be To meet Target,even if you meet Targets you have to Butter.If you like to get treated like animal then you guys can join

Skill development - Bad

+5 more

Assistant Manager Operations in Chennai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 19 Jan 2025

5.0

for Salary and Benefits

Likes

Only salary and allowance at par with IBA till date.....

Salary - Excellent

Dislikes

There is no continuous Management at top level sudden changing in the management only orders and circular issuance.There is lot of higher ups to supervise us and sought us No one will come for ground work not recommended for youngsters

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Probationary Officer in New Delhi

Full Time

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1.0

• posted on 27 Jul 2024

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Less Pressure Salary, Perks & Other benefit

Dislikes

Words Would be Less to Describe the Disliking Outdated Bank Policies Terrible Management at top No Vision to Serve & Retain Good Customers No Marketing & Promotion Brand Name is hardly Known to people

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Full Time

Customer Success, Service & Operations Department

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• posted on 24 Mar 2025

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Salary and other allowances

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South Indian Bank Recovery Officer Salary FAQs

How the salary growth look like for a Recovery Officer at South Indian Bank in India?

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

Experience	Average Salary Range
5 years	₹9.4 Lakhs to ₹12.0 Lakhs per year

and so on.

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South Indian Bank Recovery Officer Salaries

South Indian Bank Recovery Officer salary in India ranges between ₹9.4 Lakhs to ₹12 Lakhs. This is an estimate based on latest salaries received from employees of South Indian Bank.