Area Recovery Manager
Annual salary range
₹6.5 Lakhs - ₹14.8 Lakhs
Moderate Confidence 
Moderate Confidence means the data is based on a sufficient number of latest salaries.
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Filter salaries byArea Recovery Manager Salary in Mumbai
based on 12
latest salaries
• updated:
19 Oct 2024
Select an experience to get the exact salary
Salary of majority employees
Area Recovery Manager Salary in Mumbai ranges between ₹6.5 Lakhs to ₹14.8 Lakhs for 7 years of experience to 17 years of experience. Salary estimates are based on 12 latest salaries received from Area Recovery...
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| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
IDFC FIRST Bank Area Recovery Manager Salary
15 years exp |  | |
| | ||
 Area Recovery Manager Salary
15 years exp | | |
 Area Recovery Manager Salary
15 years exp | | |
Is this list helpful? | ||
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
|
7 -
16
yrs
exp.
.
Mumbai
(3 salaries)
|
₹9.9 L/yr - ₹14.5 L/yr | |
12 -
17
yrs
exp.
.
Mumbai
(3 salaries)
|
₹6.5 L/yr - ₹10.8 L/yr | |
Login to view exact salary
| ||
15 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹9.9 L/yr - ₹12.7 L/yr | |
16 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹5.2 L/yr - ₹6.7 L/yr | |
19 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹5.5 L/yr - ₹7 L/yr | |
7 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹6.3 L/yr - ₹8 L/yr | |
14 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹9.9 L/yr - ₹12.7 L/yr | |
17 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹9.7 L/yr - ₹12.4 L/yr | |
Login to view exact salary
| ||
16 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹17 L/yr - ₹21.7 L/yr | |
14 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹13.3 L/yr - ₹17 L/yr | |
Latest annual salaries shared by Area Recovery Managers
3w ago
CreditVidya
Area Recovery Manager
16 years exp.
1mo ago
Kotak Mahindra Bank
Area Recovery Manager
14 years exp.
1mo ago
Shubham Housing Development Finance
Area Recovery Manager
13 years exp.
2mo ago
NeoGrowth Credit
Area Recovery Manager
8 years exp.
2mo ago
Reliance Home Finance
Area Recovery Manager
14 years exp.
3mo ago
Bandhan Bank
Area Recovery Manager
15 years exp.
3mo ago
Muthoot Pappachan Group
Area Recovery Manager
7 years exp.
3mo ago
Muthoot Fincorp
Area Recovery Manager
6 years exp.
3mo ago
HDB Financial Services
Area Recovery Manager
13 years exp.
4mo ago
Bandhan Bank
Area Recovery Manager
17 years exp.
View all latest salaries
Area Recovery Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
7
years
(2
salaries)
| ₹7 L/yr - ₹9.9 L/yr |
10
years
(1
salaries)
| ₹10 L/yr - ₹10 L/yr |
Login to view exact salary
| |
12
years
(1
salaries)
| ₹10.5 L/yr - ₹10.5 L/yr |
14
years
(3
salaries)
| ₹9 L/yr - ₹14.8 L/yr |
15+
years
(7
salaries)
| ₹5.8 L/yr - ₹18.9 L/yr |
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Recovery Manager Salary
2 -
15
years
exp.
(48 salaries)
| ₹2.3 L/yr - ₹13.6 L/yr |
Area Debt Manager Salary
9 -
15
years
exp.
(10 salaries)
| ₹7 L/yr - ₹16 L/yr |
Login to view exact salary
| |
Area Collection Manager Salary
5 -
16
years
exp.
(205 salaries)
| ₹3.7 L/yr - ₹15.4 L/yr |
Agency Manager Salary
1 -
10
years
exp.
(301 salaries)
| ₹2.5 L/yr - ₹6 L/yr |
Area Manager Salary
4 -
16
years
exp.
(1.9k salaries)
| ₹3.6 L/yr - ₹21 L/yr |
View more similar designations
Salary related reviews by similar designations like Area Recovery Manager
Piramal Capital Housing Finance
Deputy Manager in Mumbai
• posted on 25 May 2022
Likes
Great Company for good corporate exposure and Skill enhancement as a professional
- Salary - Good
+6 more
Dislikes
Some more monetary compensation to employees
Area Recovery Manager Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Area Recovery Manager
6 -
17
years
exp.
| ₹5 L/yr - ₹10.7 L/yr |
New Delhi
Area Recovery Manager
11 -
18
years
exp.
| ₹8.5 L/yr - ₹15 L/yr |
Login to view exact salary
| |
Hyderabad / Secunderabad
Area Recovery Manager
8 -
16
years
exp.
| ₹3.5 L/yr - ₹18 L/yr |
Vijayawada
Area Recovery Manager
7 -
13
years
exp.
| ₹6 L/yr - ₹8 L/yr |
Pune
Area Recovery Manager
12 -
18
years
exp.
| ₹7 L/yr - ₹12.5 L/yr |
View More
Area Recovery Manager Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Area Recovery Manager
6 -
18
years
exp.
| ₹3.5 L/yr - ₹13.2 L/yr |
NBFC Area Recovery Manager
6 -
18
years
exp.
| ₹4 L/yr - ₹13.2 L/yr |
Login to view exact salary
| |
Banking Area Recovery Manager
6 -
18
years
exp.
| ₹6 L/yr - ₹16.5 L/yr |
Internet Area Recovery Manager
6 -
16
years
exp.
| ₹6.3 L/yr - ₹18.9 L/yr |
FinTech Area Recovery Manager
8 -
18
years
exp.
| ₹8 L/yr - ₹18.9 L/yr |
View More
Frequently Asked Questions (FAQS) about Area Recovery Manager Salaries
What is the salary of a Area Recovery Manager in India?
The salary of a Area Recovery Manager in India varies based on experience, location, company & Industry.
On average, Area Recovery Manager salaries ranges from ₹6.5 Lakhs to ₹14.8 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹6.5 Lakhs to ₹14.8 Lakhs per year, with the highest salary reaching ₹12.3 Lakhs to ₹25.1 Lakhs per year. Salary estimates are based on 12 salaries received from various Area Recovery Managers across industries.
The average starting salary is around ₹6.5 Lakhs to ₹14.8 Lakhs per year, with the highest salary reaching ₹12.3 Lakhs to ₹25.1 Lakhs per year. Salary estimates are based on 12 salaries received from various Area Recovery Managers across industries.
What are the top paying companies that employ Area Recovery Managers?
Area Recovery Manager Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| IDFC FIRST Bank Area Recovery Manager Salary | ₹12.3 Lakhs to ₹25.1 Lakhs per year |
| Piramal Capital Housing Finance Area Recovery Manager Salary | ₹6.5 Lakhs to ₹13.2 Lakhs per year |
| Bandhan Bank Area Recovery Manager Salary | ₹8.5 Lakhs to ₹10 Lakhs per year |
| Shubham Housing Development Finance Area Recovery Manager Salary | ₹8.3 Lakhs to ₹10 Lakhs per year |
What are the top paying cities for Area Recovery Manager in India?
The annual salary for Area Recovery Manager in India varies by location. Top paying cities for Area Recovery Manager are
Salary expectations for Area Recovery Manager may vary based on job roles, experience, and specific employer requirements.
| Area Recovery Manager Salary in New Delhi | ₹8.5 Lakhs to ₹15.0 Lakhs per year |
| Area Recovery Manager Salary in Navi Mumbai | ₹6.6 Lakhs to ₹11.0 Lakhs per year |
| Area Recovery Manager Salary in Surat | ₹9.5 Lakhs to ₹9.5 Lakhs per year |
| Area Recovery Manager Salary in Lucknow | ₹7.6 Lakhs to ₹9.9 Lakhs per year |
| Area Recovery Manager Salary in Pune | ₹7.0 Lakhs to ₹12.5 Lakhs per year |
What are the top paying industries for Area Recovery Manager in India?
Top 5 paying Industries for Area Recovery Manager in India are:
| Area Recovery Manager Salary in Banking | ₹6.0 Lakhs to ₹16.5 Lakhs per year |
| Area Recovery Manager Salary in FinTech | ₹8.0 Lakhs to ₹18.9 Lakhs per year |
| Area Recovery Manager Salary in BPO/KPO | ₹8.6 Lakhs to ₹10.9 Lakhs per year |
| Area Recovery Manager Salary in Insurance | ₹6.5 Lakhs to ₹9.0 Lakhs per year |
| Area Recovery Manager Salary in Financial Services | ₹3.5 Lakhs to ₹13.2 Lakhs per year |
How does experience affect salaries of a Area Recovery Manager in India?
Experience significantly impacts a Area Recovery Manager salary in India. Salaries increase with experience, as Area Recovery Manager take on more complex tasks, responsibilities, and leadership roles.
Area Recovery Manager salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 7 years | ₹7.0 Lakhs to ₹9.9 Lakhs per year |
| 10 years | ₹10.0 Lakhs to ₹10.0 Lakhs per year |
| 12 years | ₹10.5 Lakhs to ₹10.5 Lakhs per year |
| 14 years | ₹9.0 Lakhs to ₹14.8 Lakhs per year |
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