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State Bank of India Loan Recovery Agent salaries in India

Annual salary range
0 - 2 years exp.
₹1.2 Lakh - ₹8.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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56% more than the average Loan Recovery Agent Salary in Banking Companies for 0 - 2 years of experience

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Last Updated: 13 Feb 2024

Companies similar to State Bank of India for Loan Recovery Agent

Company name Avg Annual Salary Open Jobs
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ICICI Bank Loan Recovery Agent Salary

2 - 4 years exp. (3 salaries)

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₹2.3 L/yr - ₹2.9 L/yr

arrow icon 32% less
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HDFC Bank Loan Recovery Agent Salary

0 - 4 years exp. (4 salaries)

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₹1.8 L/yr - ₹2.4 L/yr

arrow icon 46% less
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Bank of Baroda Loan Recovery Agent Salary

0 - 6 years exp. (4 salaries)

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₹3.1 L/yr - ₹6.3 L/yr

arrow icon 32% more
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IDFC FIRST Bank Loan Recovery Agent Salary

0 - 8 years exp. (4 salaries)

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₹1 L/yr - ₹3 L/yr

arrow icon 37% less
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Bajaj Finserv Loan Recovery Agent Salary

0 - 3 years exp. (7 salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 21% less
Loan Recovery Agent salary at State Bank of India ranges between ₹1.2 Lakh to ₹8.6 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Loan Recovery Agent

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2 years exp.
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1 year exp.
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1 year exp.

Experience wise State Bank of India Loan Recovery Agent salaries

Last Updated: 13 Feb 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹7.7 L/yr - ₹9.9 L/yr
1 year (AmbitionBox Estimate)

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₹1.4 L/yr - ₹1.7 L/yr
2 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in State Bank of India

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(295 salaries)
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₹7.88 L/yr - ₹30 L/yr
Sales Manager Salary
(18 salaries)
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₹2 L/yr - ₹5 L/yr
Sales Executive Salary
(170 salaries)
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₹0.92 L/yr - ₹4 L/yr
Team Lead Salary
(34 salaries)
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₹1.95 L/yr - ₹5.05 L/yr
Analyst Salary
(AmbitionBox Estimate)
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₹13.3 L/yr - ₹17 L/yr
Sales Officer Salary
(16 salaries)
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₹1.55 L/yr - ₹3.5 L/yr
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₹1.75 L/yr - ₹2 L/yr
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₹3.6 L/yr - ₹12 L/yr
Deputy Manager Salary
(659 salaries)
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₹7.14 L/yr - ₹28 L/yr
Customer Care Executive Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr

Salary related reviews for State Bank of India

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 15 Nov 2024

4.0
 for  Salary and Benefits

Likes

Nothing to like really. You just get stuck in doing monotonous job

Dislikes

...erable. Asking to not come on a public holiday leads to targetting by your boss. No compensation for working on holidays. One has to work for 10-12 hours Monday to Saturday. You are asked to do work outside bank guidelines and no risk allowance/security assurance is given.

read more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 18 Sep 2024

4.0
 for  Salary and Benefits

Likes

It is a reputed organisation and the largest public sector bank in India. The salary and perks are better as compared to other PSBs. There is job security.

read more

Dislikes

Long sitting hours, lot of workload, seniors threatening to transfer/change posting, stress and pressure of completing targets, working on weekends and holidays. Huge customer base means a lot of customer dealing.

read more

Full Time

 · 

Other Department

3.0
  •  posted on 28 Jul 2024

3.0
 for  Salary and Benefits

Likes

Salary and little bit of recognition

Dislikes

Bad culture Politics Transfer postings outside Which disturbs your personal life Late working Shortage of staff puts more burden on existing employees Poorest work life balance

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 20 Dec 2023

3.0
 for  Salary and Benefits

Likes

Job is secured. We get to serve all kind of customers. Employees get huge exposure in whichever field /segment they are working in, great medical benefit, loans at concessional rate.

read more

Dislikes

Age old promotion policy, rigid system, salary is not as per industry standard, lack of proper training, late sitting is rewarded, no facility for working mothers, except for maternity leave, no wfh facility.

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 08 Sep 2023

2.0
 for  Salary and Benefits

Likes

Salary and perks

Dislikes

Very poor,work life balance is nothing,no knowledge updation because they know about job security so they are less worried about customer service knowledge updation and delivering our best.only. late sitting can save u and made you hero not your expertise and smart work.

read more
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State Bank of India Loan Recovery Agent Salary FAQs

What is the salary of Loan Recovery Agent at State Bank of India?
Loan Recovery Agent salary at State Bank of India in India ranges between ₹1.2 Lakhs to ₹8.6 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 56% more than the average Loan Recovery Agent Salary in India. Salary estimates are based on 4 latest salaries received from various employees of State Bank of India India.
How does the salary of a Loan Recovery Agent at State Bank of India India compare with the average salary range for this job?
The average salary of a Loan Recovery Agent at State Bank of India is 56% more than the average salary of a Loan Recovery Agent in India. To know exact salary insights, login to view.
Which similar companies are paying more than State Bank of India to a Loan Recovery Agent in India?
  • Bank of Baroda Loan Recovery Agent Salary - ₹3.1 Lakhs to ₹6.3 Lakhs per year
What is the salary of a Loan Recovery Agent in companies similar to State Bank of India in India?
  • Bajaj Finserv Loan Recovery Agent Salary - ₹1.5 Lakhs to ₹5.0 Lakhs per year
  • ICICI Bank Loan Recovery Agent Salary - ₹2.3 Lakhs to ₹2.9 Lakhs per year
  • IDFC FIRST Bank Loan Recovery Agent Salary - ₹1.0 Lakhs to ₹3.0 Lakhs per year
  • HDFC Bank Loan Recovery Agent Salary - ₹1.8 Lakhs to ₹2.4 Lakhs per year
What is the estimated take home salary of a Loan Recovery Agent at State Bank of India in India?
The estimated take-home salary of a Loan Recovery Agent at State Bank of India ranges between ₹26,720 per month to ₹28,133 per month in India. The take-home salary calculation is based on the average State Bank of India Loan Recovery Agent salary in India which ranges between ₹1.2 Lakhs to ₹8.6 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?
What is the notice period for Loan Recovery Agent at State Bank of India?
According to AmbitionBox, 50% of the State Bank of India Loan Recovery Agents reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

State Bank of India Loan Recovery Agent salary in India ranges between ₹1.2 Lakh to ₹8.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 State Bank of India latest salaries received from various employees of State Bank of India.