Area Recovery Officer

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Area Recovery Officer Salary in India

based on 5 latest salaries • updated: 11 Jan 2024
Select an experience to get the exact salary

Annual salary range

₹5 Lakhs - ₹7.2 Lakhs

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Area Recovery Officer Salary in India ranges between ₹5 Lakhs to ₹7.2 Lakhs for 10 years of experience to 13 years of experience. Salary estimates are based on 5 latest salaries received from Area Recovery... Read More

Latest annual salaries shared by Area Recovery Officers

11mo ago

Bandhan Bank

Area Recovery Officer

13 years exp.

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1y ago

Bandhan Bank

Area Recovery Officer

12 years exp.

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1y ago

Bandhan Bank

Area Recovery Officer

11 years exp.

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1y ago

Gruh Finance

Area Recovery Officer

13 years exp.

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1y ago

Gruh Finance

Area Recovery Officer

10 years exp.

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Area Recovery Officer salaries by

Years of experience Avg. annual salary
10 years
(1 salaries)
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₹7.2 L/yr - ₹7.2 L/yr

11 years
(1 salaries)
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₹5.4 L/yr - ₹5.4 L/yr

12 years
(1 salaries)
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₹5 L/yr - ₹5 L/yr

13 years
(2 salaries)
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₹6 L/yr - ₹6.2 L/yr

Similar Designation Salary

Similar Designation Avg. annual salary
Recovery Officer Salary
1 - 8 years exp.
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₹1 L/yr - ₹4.5 L/yr

Sales Officer Salary
1 - 10 years exp.
(85k salaries)
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₹1.5 L/yr - ₹6.1 L/yr

Collection Officer Salary
1 - 7 years exp.
(7.9k salaries)
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₹1.5 L/yr - ₹4.2 L/yr

Field Officer Salary
1 - 9 years exp.
(8.8k salaries)
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₹1 L/yr - ₹5.3 L/yr

Relationship Officer Salary
0 - 6 years exp.
(18.9k salaries)
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₹1.5 L/yr - ₹4.4 L/yr

View more similar designations

Area Recovery Officer Salary By Industries

Industries Avg. annual salary

Financial Services

Area Recovery Officer
10 - 13 years exp.
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₹5 L/yr - ₹7.2 L/yr

Banking

Area Recovery Officer
11 - 13 years exp.
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₹5 L/yr - ₹6 L/yr

Frequently Asked Questions (FAQS) about Area Recovery Officer Salaries

What is the salary of a Area Recovery Officer in India?
The salary of a Area Recovery Officer in India varies based on experience, location, company & Industry. On average, Area Recovery Officer salaries ranges from ₹5.0 Lakhs to ₹7.2 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹5.0 Lakhs to ₹7.2 Lakhs per year, with the highest salary reaching ₹5.4 Lakhs to ₹9.7 Lakhs per year. Salary estimates are based on 5 salaries received from various Area Recovery Officers across industries.
What are the top paying cities for Area Recovery Officer in India?
The annual salary for Area Recovery Officer in India varies by location. Top paying cities for Area Recovery Officer are
Area Recovery Officer Salary in Ujjain ₹5.0 Lakhs to ₹7.2 Lakhs per year
Area Recovery Officer Salary in Nagpur ₹4.8 Lakhs to ₹6.2 Lakhs per year
Salary expectations for Area Recovery Officer may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Area Recovery Officer in India?
Top 5 paying Industries for Area Recovery Officer in India are:
Area Recovery Officer Salary in Financial Services ₹5.0 Lakhs to ₹7.2 Lakhs per year
Area Recovery Officer Salary in Banking ₹5.0 Lakhs to ₹6.0 Lakhs per year
How does experience affect salaries of a Area Recovery Officer in India?
Experience significantly impacts a Area Recovery Officer salary in India. Salaries increase with experience, as Area Recovery Officer take on more complex tasks, responsibilities, and leadership roles. Area Recovery Officer salary at different experience level are as follows:
Experience Average Salary Range
10 years ₹7.2 Lakhs to ₹7.2 Lakhs per year
11 years ₹5.4 Lakhs to ₹5.4 Lakhs per year
12 years ₹5.0 Lakhs to ₹5.0 Lakhs per year
13 years ₹6.0 Lakhs to ₹6.2 Lakhs per year
and so on.

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