South Indian Bank Regional Recovery Head Salaries by 3 Employees (Updated 2024)

4 - 6 years exp.

₹10.5 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

15% more than the average Regional Recovery Head Salary in Banking Companies for 4 - 6 years of experience

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Last Updated: 6 Nov 2024

Companies similar to South Indian Bank for Regional Recovery Head

Company name	Avg Annual Salary	Open Jobs
DBS Bank Regional Recovery Head Salary 18 - 25 years exp. (3 salaries)	₹18 L/yr - ₹28 L/yr 94% more
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Shriram Finance Regional Recovery Head Salary 12 - 16 years exp. (6 salaries)	₹4.5 L/yr - ₹8 L/yr 41% less

Regional Recovery Head salary at South Indian Bank ranges between ₹10.5 Lakhs to ₹12 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Regional Recovery Head salaries

Last Updated: 6 Nov 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
5 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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6 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr

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.

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.

Officer in Ludhiana

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 May 2024

4.0

for Salary and Benefits

Likes

Salary benefits

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

Probationary Officer in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 27 Jul 2024

3.0

for Salary and Benefits

Likes

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

Probationary Officer in Kochi

Full Time

Data Science & Analytics Department

4.0

• posted on 08 Oct 2023

5.0

for Salary and Benefits

Likes

Salary and work structure is just like a Govt. bank. IBA scales are maintained. Also the work life balance is quite decent compared to other private sector banks. Most of the employees are quite young (below 35 years) so that is an added advantage too.

Dislikes

Sometime too much of regulations and rules hurt the business

Customer Service Associate in Durgapur

Full Time

Other Department

3.0

• posted on 17 Sep 2023

4.0

for Salary and Benefits

Likes

Their salary structure as compare to other pvt Bank is good because they follow iba payscale but not sure for how long after the change in the administration.

Dislikes

Senior staff of the banks are useless they just want to sit and expect spoon feeding bank initiative taken by the head office are never been viewed seriously managers of the bank in fact assistant manager and the po just act that they are working but the reality is that they just wanna pas their time in side the bank

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Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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South Indian Bank Regional Recovery Head Salary FAQs

What is the notice period for Regional Recovery Head at South Indian Bank?

According to AmbitionBox, 100% of the South Indian Bank Regional Recovery Heads reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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South Indian Bank Regional Recovery Head Salaries

South Indian Bank Regional Recovery Head salary in India ranges between ₹10.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 South Indian Bank latest salaries received from various employees of South Indian Bank.