Vasai Vikas Sahakari Bank Recovery Manager Salaries by Employees

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₹5 Lakhs - ₹6.3 Lakhs

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Last Updated: 4 Mar 2023

Companies similar to Vasai Vikas Sahakari 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 35% more
Shriram Finance Recovery Manager Salary 4 - 14 years exp. (28 salaries)	₹2 L/yr - ₹6 L/yr 37% less
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Kotak Mahindra Bank Recovery Manager Salary 1 - 14 years exp. (23 salaries)	₹1.8 L/yr - ₹8.4 L/yr 17% less
HDFC Bank Recovery Manager Salary 5 - 18 years exp. (17 salaries)	₹3.5 L/yr - ₹13.5 L/yr 33% more
Piramal Capital Housing Finance Recovery Manager Salary 0 - 13 years exp. (15 salaries)	₹2.5 L/yr - ₹5.2 L/yr 30% less

Recovery Manager salary at Vasai Vikas Sahakari Bank ranges between ₹5 Lakhs to ₹6.3 Lakhs per year for employees with 19 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Vasai Vikas Sahakari Bank.

Similar Designation salaries in Vasai Vikas Sahakari Bank

Branch Manager Salary

(AmbitionBox Estimate)

₹7.6 L/yr - ₹9.7 L/yr

Salary related reviews for Vasai Vikas Sahakari Bank

5.0

Rated by 1 employees for salary & benefits

Temporary Staff in Vasai-Virar

Contractual

BFSI, Investments & Trading Department

4.0

• posted on 04 Feb 2023

3.0

for Salary and Benefits

Likes

I particularly enjoyed working in a team environment and learned a lot by collaborating with other members. One of my favourite aspects about working in this environment as a junior team member was that I had the opportunity to learn from those in senior positions in the bank.

Skill development - Excellent

+3 more

Dislikes

There's nothing I really dislike about my current job.

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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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Vasai Vikas Sahakari Bank Recovery Manager Salary FAQs

How the salary growth look like for a Recovery Manager at Vasai Vikas Sahakari Bank in India?

The salary growth for a Recovery Manager at Vasai Vikas Sahakari Bank depends on factors such as experience, performance, and promotions. On average, a Recovery Manager can expect the following growth trajectory at Vasai Vikas Sahakari Bank:

Experience	Average Salary Range
15 years	₹5.0 Lakhs to ₹6.3 Lakhs per year

and so on.

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Vasai Vikas Sahakari Bank Recovery Manager Salaries

Vasai Vikas Sahakari Bank Recovery Manager salary in India ranges between ₹5 Lakhs to ₹6.3 Lakhs. This is an estimate based on latest salaries received from employees of Vasai Vikas Sahakari Bank.

Vasai Vikas Sahakari Bank Recovery Manager salaries in India