Loan Recovery Agent

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Loan Recovery Agent Salary in Mumbai

based on 8 latest salaries • updated: 17 Sep 2023
Select an experience to get the exact salary

Annual salary range

₹0.1 Lakh - ₹3.3 Lakhs

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Loan Recovery Agent Salary in Mumbai ranges between ₹0.1 Lakh to ₹3.3 Lakhs for less than 1 year of experience to 4 years of experience. Salary estimates are based on 8 latest salaries received from... Read More

Latest annual salaries shared by Loan Recovery Agents

1w ago

collection ragiment

Loan Recovery Agent

7 months exp.

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1w ago

Benchmark Services

Loan Recovery Agent

1 year exp.

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1w ago

Allset Business Solutions

Loan Recovery Agent

5 months exp.

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1w ago

Sri Manjunatha Associates

Loan Recovery Agent

3 years exp.

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3w ago

Crystal Consulting Services

Loan Recovery Agent

5 years exp.

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3w ago

AU Small Finance Bank

Loan Recovery Agent

3 years exp.

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4w ago

RingApp

Loan Recovery Agent

1 month exp.

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1mo ago

IIFL Finance

Loan Recovery Agent

3 years exp.

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1mo ago

Rudra Associates

Loan Recovery Agent

3 years exp.

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1mo ago

Punjab National Bank

Loan Recovery Agent

6 years exp.

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Loan Recovery Agent salaries by

Years of experience Avg. annual salary
Fresher
(2 salaries)
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₹1.9 L/yr - ₹2 L/yr

1 year
(1 salaries)
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₹0.1 L/yr - ₹0.1 L/yr

2 years
(3 salaries)
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₹0.2 L/yr - ₹2.5 L/yr

3 years
(1 salaries)
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₹3 L/yr - ₹3 L/yr

4 years
(1 salaries)
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₹3.3 L/yr - ₹3.3 L/yr

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₹1.8 L/yr - ₹8 L/yr

Manager Salary
4 - 16 years exp.
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₹5 L/yr - ₹29.4 L/yr

Accountant Salary
1 - 12 years exp.
(22k salaries)
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₹1 L/yr - ₹6 L/yr

Senior Analyst Salary
2 - 8 years exp.
(11.8k salaries)
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₹3.3 L/yr - ₹17.2 L/yr

View more similar designations

Loan Recovery Agent Salary In Other Locations

Locations Avg. annual salary
New Delhi
Loan Recovery Agent
0 - 4 years exp.
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₹0.1 L/yr - ₹5 L/yr

Hyderabad / Secunderabad
Loan Recovery Agent
0 - 5 years exp.
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₹0.2 L/yr - ₹3 L/yr

Bangalore / Bengaluru
Loan Recovery Agent
1 - 4 years exp.
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₹0.4 L/yr - ₹3 L/yr

Chennai
Loan Recovery Agent
0 - 5 years exp.
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₹1.5 L/yr - ₹4.5 L/yr

Kolkata
Loan Recovery Agent
0 - 4 years exp.
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₹0.1 L/yr - ₹4.5 L/yr

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Loan Recovery Agent Salary By Industries

Industries Avg. annual salary

Financial Services

Loan Recovery Agent
0 - 6 years exp.
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₹0.1 L/yr - ₹5 L/yr

NBFC

Loan Recovery Agent
0 - 4 years exp.
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₹0.1 L/yr - ₹4 L/yr

Banking

Loan Recovery Agent
0 - 6 years exp.
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₹1 L/yr - ₹5 L/yr

IT Services & Consulting

Loan Recovery Agent
0 - 3 years exp.
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₹0.1 L/yr - ₹15 L/yr

BPO

Loan Recovery Agent
0 - 2 years exp.
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₹0.1 L/yr - ₹3.2 L/yr

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Frequently Asked Questions (FAQS) about Loan Recovery Agent Salaries

What is the salary of a Loan Recovery Agent in India?
The salary of a Loan Recovery Agent in India varies based on experience, location, company & Industry. On average, Loan Recovery Agent salaries ranges from ₹0.1 Lakh to ₹3.3 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹0.1 Lakh to ₹3.3 Lakhs per year, with the highest salary reaching ₹ Lakh to ₹ Lakh per year. Salary estimates are based on 8 salaries received from various Loan Recovery Agents across industries.
What are the top paying cities for Loan Recovery Agent in India?
The annual salary for Loan Recovery Agent in India varies by location. Top paying cities for Loan Recovery Agent are
Loan Recovery Agent Salary in New Delhi ₹0.1 Lakhs to ₹5.0 Lakhs per year
Loan Recovery Agent Salary in Hyderabad / Secunderabad ₹0.2 Lakhs to ₹3.0 Lakhs per year
Loan Recovery Agent Salary in Bangalore / Bengaluru ₹0.4 Lakhs to ₹3.0 Lakhs per year
Loan Recovery Agent Salary in Chennai ₹1.5 Lakhs to ₹4.5 Lakhs per year
Loan Recovery Agent Salary in Kolkata ₹0.1 Lakhs to ₹4.5 Lakhs per year
Salary expectations for Loan Recovery Agent may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Loan Recovery Agent in India?
Top 5 paying Industries for Loan Recovery Agent in India are:
Loan Recovery Agent Salary in Financial Services ₹0.1 Lakhs to ₹5.0 Lakhs per year
Loan Recovery Agent Salary in NBFC ₹0.1 Lakhs to ₹4.0 Lakhs per year
Loan Recovery Agent Salary in Banking ₹1.0 Lakhs to ₹5.0 Lakhs per year
Loan Recovery Agent Salary in IT Services & Consulting ₹0.1 Lakhs to ₹15.0 Lakhs per year
Loan Recovery Agent Salary in BPO ₹0.1 Lakhs to ₹3.2 Lakhs per year
What are the fresher salaries as Loan Recovery Agent?
Fresher salaries for Loan Recovery Agent in India typically range from ₹1.9 Lakhs to ₹2 Lakhs per year, depending on the company, location, and skill set. Fresher salaries are generally higher in IT Industry than in other Industries in India.
How does experience affect salaries of a Loan Recovery Agent in India?
Experience significantly impacts a Loan Recovery Agent salary in India. Salaries increase with experience, as Loan Recovery Agent take on more complex tasks, responsibilities, and leadership roles. Loan Recovery Agent salary at different experience level are as follows:
Experience Average Salary Range
Fresher ₹1.9 Lakhs to ₹2.0 Lakhs per year
1 year ₹0.1 Lakhs to ₹0.1 Lakhs per year
2 years ₹0.2 Lakhs to ₹2.5 Lakhs per year
3 years ₹3.0 Lakhs to ₹3.0 Lakhs per year
and so on.

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