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Srei Equipment Finance Recovery Manager salaries in India

Annual salary range
4 - 10 years exp.
₹2.8 Lakhs - ₹4.3 Lakhs
Salary of majority employees
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31% less than the average Recovery Manager Salary in Financial Services Companies for 4 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Recovery Manager Salary
5 - 10 years exp. (5 salaries)
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₹2.8 L/yr - ₹4.3 L/yr

Marketing & Communication
Recovery Manager Salary
6 - 10 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹3.8 L/yr

Finance & Accounting
Recovery Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4 L/yr

Last Updated: 21 Jan 2024

Companies similar to Srei Equipment Finance for Recovery Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Finserv Recovery Manager Salary

3 - 6 years exp. (7 salaries)

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₹2.3 L/yr - ₹5 L/yr

At par
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Edelweiss Recovery Manager Salary

10 - 15 years exp. (3 salaries)

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₹3 L/yr - ₹5.4 L/yr

arrow icon 24% more
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IDFC FIRST Bank Recovery Manager Salary

1 - 10 years exp. (65 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 106% more
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Shriram Finance Recovery Manager Salary

4 - 14 years exp. (28 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 2% less
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Kotak Mahindra Bank Recovery Manager Salary

1 - 14 years exp. (23 salaries)

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₹1.8 L/yr - ₹8.4 L/yr

arrow icon 27% more
Recovery Manager salary at Srei Equipment Finance ranges between ₹2.8 Lakhs to ₹4.3 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 11 latest salaries received from various employees of Srei Equipment Finance.

Latest annual salaries shared by Srei Equipment Finance Recovery Manager

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10 years exp.
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6 years exp.
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7 years exp.
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Experience wise Srei Equipment Finance Recovery Manager salaries

Last Updated: 21 Jan 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹6.2 L/yr
5 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹6.4 L/yr
6 years  (3 salaries)

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₹3.5 L/yr - ₹6.6 L/yr
7 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4 L/yr
View all

Similar Designation salaries in Srei Equipment Finance

Cluster Manager Salary
(AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Agency Manager Salary
(4 salaries)
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₹3.1 L/yr - ₹4 L/yr
Branch Manager Salary
(5 salaries)
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₹5.1 L/yr - ₹13.5 L/yr
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₹2 L/yr - ₹6.05 L/yr
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₹3.05 L/yr - ₹4.25 L/yr
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₹6 L/yr - ₹7.5 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr
State Head Salary
(4 salaries)
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₹11 L/yr - ₹13.4 L/yr
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₹1.8 L/yr - ₹2.8 L/yr

Salary related reviews for Srei Equipment Finance

4.6

Rated by 3 employees for salary & benefits

Sales & Business Development Department

5.0
  •  posted on 12 Sep 2018

1.0
 for  Salary and Benefits

Likes

Team work was good but team leader was not at all a helping hand.Have to do work by own.No boundation of work limit and sometimes more than 10 to 11 hours

read more
  • Skill development - Good
  • +1 more

Dislikes

...on was not as per needs, there are no other opportunity for growth in future....Simply for salary we have to work here no other opportunity was there

read more
  • Salary - Bad
  • +1 more

Full Time

 · 

Food, Beverage & Hospitality Department

5.0
  •  posted on 15 Jun 2023

2.0
 for  Salary and Benefits

Likes

I am working with company from last 6 years and wiring environment of srei is very good all staff is very helpful and supportive. I always like family here.

read more
  • Skill development - Excellent
  • +4 more

Dislikes

Salary and promotion structure is not up to the market standards.

  • Salary - Poor
  • +1 more

Full Time

 · 

Legal & Regulatory Department

2.0
  •  posted on 27 Mar 2022

2.0
 for  Salary and Benefits

Likes

Only job security there

  • Job security - Excellent
  • +1 more

Dislikes

No proper work culture. No motivation given by employer, compensation is not match according to the work load by junior management. Only senior management take the fruit of the work. No proper appraisal.

read more
  • Salary - Poor
  • +4 more

BFSI, Investments & Trading Department

5.0
  •  posted on 30 May 2022

4.0
 for  Salary and Benefits

Likes

It's like a family, job security is 100%, the company will make sure you be at the right place where you can deliver best, Management are totally employee friendly and company gives full flexibility to employees in delivering their work.

read more
  • Salary - Good
  • +6 more

Dislikes

Just one thing, salary structure should be within band for each grade.

Legal & Regulatory Department

1.0
  •  posted on 12 May 2021

1.0
 for  Salary and Benefits

Likes

Nothing worst I have ever worked with. No policy of salary structure here Executive, Manager Sr manager, Chief Manager, VP , Sr. VP salary no parameter. No salary hike no appraisal for last 4 to 5 yrs

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  • Work-life balance - Good

Dislikes

All are worst no salary structure no parameter based on the work allocation. No appraisal, No increment without going for proper review randlomly below rated the employee not to get their salary hikes

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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Srei Equipment Finance Recovery Manager Salary FAQs

What is the salary of Recovery Manager at Srei Equipment Finance ?
The average salary of a Recovery Manager at Srei Equipment Finance in India typically ranges from ₹2.8 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Recovery Manager at Srei Equipment Finance earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Recovery Manager Salaries at Srei Equipment Finance 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 10+ Srei Equipment Finance employees in India.
What is the estimated take home salary of a Recovery Manager at Srei Equipment Finance in India?
The estimated take-home salary of a Recovery Manager at Srei Equipment Finance in India typically ranges from ₹27,203 to ₹28,609 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from 4 years to 10 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 10+ salaries received from various employees of Srei Equipment Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Srei Equipment Finance for Recovery Manager in India?
IDFC FIRST Bank ₹4.0 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindra Bank ₹1.8 Lakhs to ₹8.4 Lakhs per year
Edelweiss ₹3.0 Lakhs to ₹5.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Srei Equipment Finance, depending on the role and experience level.
What is the salary of a Recovery Manager in companies similar to Srei Equipment Finance in India?
The salary of a Recovery Manager at companies similar to Srei Equipment Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Finserv ₹2.3 Lakhs to ₹5.0 Lakhs per year
Shriram Finance ₹2.0 Lakhs to ₹6.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Recovery Manager at Srei Equipment Finance in India?
The salary growth for a Recovery Manager at Srei Equipment Finance depends on factors such as experience, performance, and promotions. On average, a Recovery Manager can expect the following growth trajectory at Srei Equipment Finance:

Experience Average Salary Range
4 years ₹3.3 Lakhs to ₹6.2 Lakhs per year
5 years ₹2.8 Lakhs to ₹6.4 Lakhs per year
6 years ₹3.5 Lakhs to ₹6.6 Lakhs per year
7 years ₹3.7 Lakhs to ₹6.8 Lakhs per year
and so on.

Tell us how to improve this page.

Srei Equipment Finance Recovery Manager salary in India ranges between ₹2.8 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Srei Equipment Finance latest salaries received from various employees of Srei Equipment Finance.