The Saraswat Co-operative Bank Recovery Manager Salaries by Employees (Updated 2025)

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₹10.8 Lakhs - ₹13.8 Lakhs

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Last Updated: 18 Jan 2025

Companies similar to The Saraswat Co-operative Bank for Recovery Manager

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Recovery Manager Salary 1 - 10 years exp. (65 salaries)	₹4 L/yr - ₹10 L/yr 38% less
Kotak Mahindra Bank Recovery Manager Salary 1 - 14 years exp. (23 salaries)	₹1.8 L/yr - ₹8.4 L/yr 62% less
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HDFC Bank Recovery Manager Salary 5 - 18 years exp. (17 salaries)	₹3.5 L/yr - ₹13.5 L/yr 39% less
RBL Bank Recovery Manager Salary 0 - 12 years exp. (11 salaries)	₹3.3 L/yr - ₹11 L/yr 51% less
IDBI Bank Recovery Manager Salary 7 - 16 years exp. (5 salaries)	₹10.8 L/yr - ₹15.5 L/yr 10% more
ICICI Bank Recovery Manager Salary 2 - 13 years exp. (5 salaries)	₹5.5 L/yr - ₹9 L/yr 42% less
Bandhan Bank Recovery Manager Salary 1 - 13 years exp. (4 salaries)	₹1.8 L/yr - ₹6 L/yr 69% less
Karur Vysya Bank Recovery Manager Salary 5 - 12 years exp. (4 salaries)	₹7 L/yr - ₹8.6 L/yr 36% less
Axis Bank Recovery Manager Salary 5 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹9 L/yr 59% less
IndusInd Bank Recovery Manager Salary 13 - 17 years exp. (3 salaries)	₹8.5 L/yr - ₹11 L/yr 24% less

Recovery Manager salary at The Saraswat Co-operative Bank ranges between ₹10.8 Lakhs to ₹13.8 Lakhs per year for employees with 14 years of experience. Salary estimates are based on 1 latest salaries received from various employees of The Saraswat Co-operative Bank.

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Salary related reviews for The Saraswat Co-operative Bank

Deputy Manager in Jalgaon

BFSI, Investments & Trading Department

4.0

• posted on 20 Apr 2022

3.0

for Salary and Benefits

Likes

Banks policy are goods, work environment is also good all teammates are like family, management never pressurized about work and targets, very helping and supporting management.

Skill development - Good

+5 more

Dislikes

Salary hike is low as compared to public sector bank.

Manager in Mumbai

Full Time

Other Department

4.0

• posted on 26 Jul 2024

3.0

for Salary and Benefits

Likes

Work culture is really good, you get to learn many things as one person does everything. There is no proper segregation of work. Staff is responsible for sales, audit, branch operations, customer service, it issues etc. so it's multi tasking job.

Skill development - Good

+3 more

Dislikes

Salary and other monetary benefits of the bank are not good. Appraisal and yearly increment are always delayed. No communication from HR regarding the same. HR policies of the bank need to be improved. So that people will stay here for long.

Junior Officer in Nagpur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 10 Jun 2024

3.0

for Salary and Benefits

Likes

Supportive staff and proper training is given by bank to it's employees.good bank for learning but not recommended to work till retirement.

Job security - Good

+1 more

Dislikes

Various targets i.e casa, insurance, fd, sip mutual fund, credit card etc and low salary as compared to sales pressure and targets. You need to do both operations and marketing at less salary.

Business Development Officer in Mumbai

Full Time

Marketing & Communication Department

1.0

• posted on 03 Jan 2024

1.0

for Salary and Benefits

Likes

Nothing to like about

Dislikes

...ce of working in saraswat bank. There is no proper management in any department. They provide worst salary but work pressure is high. Pathetic culture. No employee is happy working in saraswat bank.

Salary - Bad

+6 more

Junior Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 23 Aug 2023

3.0

for Salary and Benefits

Likes

Job Location

Dislikes

...zed and Toxic Work Culture Favouritism Long working hours- No work life balance Lower Pay Scale Unprofessional and Unethical Practices Non- Transparent HR Policies Required to work on holidays if the need be. Extreme pressure for marketing

Skill development - Poor

+4 more

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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The Saraswat Co-operative Bank Recovery Manager Salary FAQs

What is the notice period for Recovery Manager at The Saraswat Co-operative Bank?

According to AmbitionBox, 100% of the The Saraswat Co-operative Bank Recovery Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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The Saraswat Co-operative Bank Recovery Manager Salaries

The Saraswat Co-operative Bank Recovery Manager salary in India ranges between ₹10.8 Lakhs to ₹13.8 Lakhs. This is an estimate based on latest salaries received from employees of The Saraswat Co-operative Bank.