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Debt Recovery Officer

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Debt Recovery Officer Salary in Mumbai (Updated 2025)

based on 8 latest salaries • updated: 3 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹2.2 Lakhs - ₹3.1 Lakhs

Low Confidence
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Low Confidence means the data is based on a small number of latest salaries.
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Debt Recovery Officer Salary in Mumbai ranges between ₹2.2 Lakhs to ₹3.1 Lakhs for 1 year of experience to 10 years of experience. Salary estimates are based on 8 latest salaries received from Debt Recovery... Read More

Latest annual salaries shared by Debt Recovery Officers

1w ago

HDFC Bank

Debt Recovery Officer

2 years exp.

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1w ago

Navi Finserv

Debt Recovery Officer

6 years exp.

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3w ago

IPROCESS BUSINESS SOLUTIONS

Debt Recovery Officer

5 years exp.

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4w ago

Exon Technologies

Debt Recovery Officer

4 years exp.

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1mo ago

TVS Credit

Debt Recovery Officer

8 years exp.

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1mo ago

Hinduja Housing Finance

Debt Recovery Officer

6 years exp.

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1mo ago

Integro Finserv

Debt Recovery Officer

5 years exp.

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2mo ago

Conneqt Business Solutions

Debt Recovery Officer

7 years exp.

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2mo ago

HDFC Bank

Debt Recovery Officer

2 years exp.

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2mo ago

TVS Credit

Debt Recovery Officer

5 years exp.

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View all latest salaries

Debt Recovery Officer salaries by

Years of experience Avg. annual salary
1 year
(1 salaries)
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₹2.8 L/yr - ₹2.8 L/yr

2 years
(3 salaries)
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₹2.2 L/yr - ₹2.8 L/yr

3 years
(2 salaries)
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₹2.2 L/yr - ₹3 L/yr

4 years
(1 salaries)
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₹2.4 L/yr - ₹2.4 L/yr

10 years
(1 salaries)
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₹3.1 L/yr - ₹3.1 L/yr

Similar Designation Salary

Similar Designation Avg. annual salary
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₹2 L/yr - ₹8 L/yr

Sales Officer Salary
1 - 10 years exp.
(4k salaries)
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₹1.8 L/yr - ₹6 L/yr

Deputy Manager Salary
3 - 15 years exp.
(31.3k salaries)
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₹3.7 L/yr - ₹16.5 L/yr

Management Trainee Salary
0 - 7 years exp.
(5.2k salaries)
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₹2 L/yr - ₹20 L/yr

Process Developer Salary
2 - 5 years exp.
(9 salaries)
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₹3.2 L/yr - ₹30 L/yr

View more similar designations

Debt Recovery Officer Salary In Other Locations

Locations Avg. annual salary
Bangalore / Bengaluru
Debt Recovery Officer
1 - 5 years exp.
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₹0.2 L/yr - ₹4.2 L/yr

Kolkata
Debt Recovery Officer
1 - 10 years exp.
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₹0.2 L/yr - ₹2.5 L/yr

New Delhi
Debt Recovery Officer
1 - 4 years exp.
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₹0.2 L/yr - ₹3.5 L/yr

Noida
Debt Recovery Officer
1 - 3 years exp.
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₹1.8 L/yr - ₹3 L/yr

Jaipur
Debt Recovery Officer
1 - 6 years exp.
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₹1.8 L/yr - ₹3.5 L/yr

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Debt Recovery Officer Salary By Industries

Industries Avg. annual salary

Financial Services

Debt Recovery Officer
1 - 6 years exp.
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₹1.5 L/yr - ₹4.3 L/yr

NBFC

Debt Recovery Officer
1 - 10 years exp.
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₹1.8 L/yr - ₹3.6 L/yr

Banking

Debt Recovery Officer
1 - 6 years exp.
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₹1.5 L/yr - ₹3.5 L/yr

BPO

Debt Recovery Officer
1 - 7 years exp.
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₹1.1 L/yr - ₹2.4 L/yr

BPO/KPO

Debt Recovery Officer
1 - 7 years exp.
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₹1.5 L/yr - ₹2.3 L/yr

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Frequently Asked Questions (FAQS) about Debt Recovery Officer Salaries

What is the salary of a Debt Recovery Officer in India?
The salary of a Debt Recovery Officer in India varies based on experience, location, company & Industry. On average, Debt Recovery Officer salaries ranges from ₹2.2 Lakhs to ₹3.1 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹2.2 Lakhs to ₹3.1 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 8 salaries received from various Debt Recovery Officers across industries.
What are the top paying cities for Debt Recovery Officer in India?
The annual salary for Debt Recovery Officer in India varies by location. Top paying cities for Debt Recovery Officer are
Debt Recovery Officer Salary in Pune ₹2.0 Lakhs to ₹30.0 Lakhs per year
Debt Recovery Officer Salary in Lucknow ₹3.2 Lakhs to ₹4.1 Lakhs per year
Debt Recovery Officer Salary in Bangalore / Bengaluru ₹0.2 Lakhs to ₹4.2 Lakhs per year
Debt Recovery Officer Salary in Thrissur ₹2.4 Lakhs to ₹3.0 Lakhs per year
Debt Recovery Officer Salary in Gurgaon / Gurugram ₹2.2 Lakhs to ₹3.1 Lakhs per year
Salary expectations for Debt Recovery Officer may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Debt Recovery Officer in India?
Top 5 paying Industries for Debt Recovery Officer in India are:
Debt Recovery Officer Salary in Banking / Insurance / Accounting ₹1.8 Lakhs to ₹4.3 Lakhs per year
Debt Recovery Officer Salary in Internet ₹2.5 Lakhs to ₹4.0 Lakhs per year
Debt Recovery Officer Salary in NBFC ₹1.8 Lakhs to ₹3.6 Lakhs per year
Debt Recovery Officer Salary in FinTech ₹1.8 Lakhs to ₹4.3 Lakhs per year
Debt Recovery Officer Salary in Financial Services ₹1.5 Lakhs to ₹4.3 Lakhs per year
How does experience affect salaries of a Debt Recovery Officer in India?
Experience significantly impacts a Debt Recovery Officer salary in India. Salaries increase with experience, as Debt Recovery Officer take on more complex tasks, responsibilities, and leadership roles. Debt Recovery Officer salary at different experience level are as follows:
Experience Average Salary Range
1 year ₹2.8 Lakhs to ₹2.8 Lakhs per year
2 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
3 years ₹2.2 Lakhs to ₹3.0 Lakhs per year
4 years ₹2.4 Lakhs to ₹2.4 Lakhs per year
and so on.

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