Sundaram Finance Aurangabad Recovery Officer Salaries by 4 Employees

1 - 12 years exp.

₹4 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

55% more than the average Recovery Officer Salary in NBFC Companies for 1 - 12 years of experience

Interested in this particular role?

Last Updated: 25 Sep 2023

Companies similar to Sundaram Finance for Recovery Officer in Aurangabad

Sundaram Finance Recovery Officer Salary

1 - 12 years exp. (4 salaries)

₹4 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Recovery Officer Salary 2 - 6 years exp. (5 salaries)	₹1.9 L/yr - ₹3 L/yr 36% less
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L&T Finance Recovery Officer Salary 2 - 7 years exp. (3 salaries)	₹2 L/yr - ₹2.2 L/yr 50% less

Recovery Officer salary at Sundaram Finance ranges between ₹4 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Sundaram Finance.

Experience wise Sundaram Finance Recovery Officer salaries in Aurangabad

Last Updated: 25 Sep 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
12 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Top skills at Sundaram Finance for Recovery Officer

Collections Accounting Recovery MIS

Salary related reviews for Sundaram Finance

Deputy Manager in Jaipur

Full Time

Finance & Accounting Department

3.0

• posted on 03 May 2023

2.0

for Salary and Benefits

Likes

Job security, family based environment and sundaram values that existed in past.

Job security - Good

Dislikes

Transfer to other deparments without discussion, slow promotions, Employee unfriendly salary structures, NO time for family.

Salary - Poor

+2 more

Deputy Manager in Chennai

Full Time

Credit Operation Department

5.0

• posted on 05 Apr 2022

3.0

for Salary and Benefits

Likes

...ds on how one takes advantage of the same. Support from management for learning. Not big on compensation for middle level employees.

Skill development - Excellent

+5 more

Dislikes

Appraisal and compensation.

Sales Executive in Solapur

Sales & Business Development Department

5.0

• posted on 08 Feb 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Deputy Manager in Chennai

Finance & Accounting Department

5.0

• posted on 31 Oct 2019

3.0

for Salary and Benefits

Likes

This is like a gurukulam where we can learn end to end process in accounting. Give lot of exposures from bottom to top. Employee are not just colleguge they will be like a family member.

Skill development - Excellent

+5 more

Dislikes

Slow growth in terms of compensation.

Customer Relation Executive in Kolkata

Full Time

Other Department

4.0

• posted on 31 Jan 2025

3.0

for Salary and Benefits

Likes

You can develop your overall skills. One of the best company to start your career. You will learn from basics and get time to develop yourself. People are supportive and helpful.

Skill development - Good

+2 more

Dislikes

Promotion are very slow and salary breakup is very bad most part of the salary is shown as allowance. Also you have to do all the work like sourcing,fi, disbursement, collection, repo all the things though it is good that you will learn all the things but very hectic to achieve the monthly numbers. Motive period is of 3 months.

Job security - Poor

+1 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Sundaram Finance Recovery Officer Salary FAQs

What is the salary of Recovery Officer at Sundaram Finance in Aurangabad?

The average salary of a Recovery Officer at Sundaram Finance in Aurangabad typically ranges from ₹4.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 12 years).

The top 10% of Recovery Officer in Aurangabad at Sundaram Finance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Recovery Officer Salaries at Sundaram 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 4 Sundaram Finance employees in India.

What is the estimated take home salary of a Recovery Officer at Sundaram Finance in Aurangabad?

The estimated take-home salary of a Recovery Officer at Sundaram Finance in Aurangabad typically ranges from ₹30,535 to ₹31,841 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year to 12 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 4 salaries received from various employees of Sundaram Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Recovery Officer at Sundaram Finance in Aurangabad?

To be a Recovery Officer at Sundaram Finance in Aurangabad, the key skills required include:

- Collections
- Accounting
- Recovery
- MIS

These skills are highly valued at Sundaram Finance and are crucial for successful performance in a Software Engineering role.

What is the salary of a Recovery Officer in companies similar to Sundaram Finance in Aurangabad?

The salary of a Recovery Officer at companies similar to Sundaram Finance in Aurangabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shriram Finance	₹1.9 Lakhs to ₹3.0 Lakhs per year
L&T Finance	₹2.0 Lakhs to ₹2.2 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 Officer at Sundaram Finance in Aurangabad?

The salary growth for a Recovery Officer at Sundaram Finance in Aurangabad depends on factors such as experience, performance, and promotions. On average, a Recovery Officer in Aurangabad can expect the following growth trajectory at Sundaram Finance:

Experience	Average Salary Range
1 year	₹3.6 Lakhs to ₹4.6 Lakhs per year
3 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
10 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
12 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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Sundaram Finance Recovery Officer Salaries in Aurangabad

Sundaram Finance Recovery Officer salary in Aurangabad ranges between ₹4 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Sundaram Finance latest salaries received from various employees of Sundaram Finance.