Recovery Associate

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Recovery Associate Salary in India (Updated 2025)

based on 58 latest salaries • updated: 18 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹1.7 Lakh - ₹6 Lakhs

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Recovery Associate Salary in India ranges between ₹1.7 Lakh to ₹6 Lakhs for less than 1 year of experience to 9 years of experience. Salary estimates are based on 58 latest salaries received from Recovery... Read More

Latest annual salaries shared by Recovery Associates

1w ago

BT Group

Recovery Associate

7 years exp.

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1w ago

KRA FINANCIAL SOLUTIONS

Recovery Associate

3 years exp.

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3w ago

Urban Habits

Recovery Associate

4 years exp.

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3w ago

BT Business

Recovery Associate

4 years exp.

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1mo ago

BT Business

Recovery Associate

4 years exp.

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2mo ago

BT E Serv

Recovery Associate

5 years exp.

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4mo ago

BT Business

Recovery Associate

2 years exp.

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5mo ago

BT Group

Recovery Associate

7 years exp.

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5mo ago

Banking Technology Centre

Recovery Associate

3 years exp.

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6mo ago

BT Group

Recovery Associate

6 years exp.

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View all latest salaries

Recovery Associate salaries by

Years of experience Avg. annual salary
Fresher
(3 salaries)
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₹1.7 L/yr - ₹2.9 L/yr

1 year
(5 salaries)
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₹1.8 L/yr - ₹3 L/yr

2 years
(7 salaries)
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₹0.3 L/yr - ₹4 L/yr

3 years
(10 salaries)
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₹0.2 L/yr - ₹3.8 L/yr

4 years
(10 salaries)
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₹3 L/yr - ₹5.4 L/yr

View all salaries by experience

Similar Designation Salary

Similar Designation Avg. annual salary
Process Associate Salary
0 - 5 years exp.
(1L salaries)
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₹1.6 L/yr - ₹4.4 L/yr

Senior Associate Salary
2 - 10 years exp.
(2.4L salaries)
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₹2.3 L/yr - ₹23 L/yr

Associate Salary
0 - 8 years exp.
(2.3L salaries)
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₹1.9 L/yr - ₹16.5 L/yr

Customer Service Associate Salary
0 - 5 years exp.
(39.6k salaries)
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₹1.2 L/yr - ₹4.5 L/yr

Senior Analyst Salary
2 - 8 years exp.
(1.6L salaries)
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₹3 L/yr - ₹16 L/yr

View more similar designations

Recovery Associate Salary By Locations

Locations Avg. annual salary
New Delhi
Recovery Associate
1 - 9 years exp.
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₹2.2 L/yr - ₹6 L/yr

Kolkata
Recovery Associate
1 - 8 years exp.
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₹2.9 L/yr - ₹4.8 L/yr

Hyderabad / Secunderabad
Recovery Associate
0 - 6 years exp.
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₹2 L/yr - ₹2.6 L/yr

Jaipur
Recovery Associate
1 - 3 years exp.
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₹1.8 L/yr - ₹1.8 L/yr

Mumbai
Recovery Associate
1 - 3 years exp.
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₹1.8 L/yr - ₹3.7 L/yr

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Recovery Associate Salary By Industries

Industries Avg. annual salary

Financial Services

Recovery Associate
0 - 9 years exp.
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₹1.8 L/yr - ₹4.9 L/yr

Banking

Recovery Associate
1 - 9 years exp.
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₹1.8 L/yr - ₹4.8 L/yr

Hardware & Networking

Recovery Associate
2 - 9 years exp.
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₹3.7 L/yr - ₹6 L/yr

NBFC

Recovery Associate
1 - 9 years exp.
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₹1.8 L/yr - ₹5 L/yr

Telecom

Recovery Associate
1 - 8 years exp.
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₹3.3 L/yr - ₹4.7 L/yr

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Frequently Asked Questions (FAQS) about Recovery Associate Salaries

What is the salary of a Recovery Associate in India?
The salary of a Recovery Associate in India varies based on experience, location, company & Industry. On average, Recovery Associate salaries ranges from ₹1.7 Lakhs to ₹6.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹1.7 Lakhs to ₹6.0 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 58 salaries received from various Recovery Associates across industries.
What are the top paying cities for Recovery Associate in India?
The annual salary for Recovery Associate in India varies by location. Top paying cities for Recovery Associate are
Recovery Associate Salary in New Delhi ₹2.2 Lakhs to ₹6.0 Lakhs per year
Recovery Associate Salary in Kolkata ₹2.9 Lakhs to ₹4.8 Lakhs per year
Recovery Associate Salary in Hyderabad / Secunderabad ₹2.0 Lakhs to ₹2.6 Lakhs per year
Recovery Associate Salary in Jaipur ₹1.8 Lakhs to ₹1.8 Lakhs per year
Recovery Associate Salary in Mumbai ₹1.8 Lakhs to ₹3.7 Lakhs per year
Salary expectations for Recovery Associate may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Recovery Associate in India?
Top 5 paying Industries for Recovery Associate in India are:
Recovery Associate Salary in Financial Services ₹1.8 Lakhs to ₹4.9 Lakhs per year
Recovery Associate Salary in Banking ₹1.8 Lakhs to ₹4.8 Lakhs per year
Recovery Associate Salary in Hardware & Networking ₹3.7 Lakhs to ₹6.0 Lakhs per year
Recovery Associate Salary in NBFC ₹1.8 Lakhs to ₹5.0 Lakhs per year
Recovery Associate Salary in Telecom ₹3.3 Lakhs to ₹4.7 Lakhs per year
What are the fresher salaries as Recovery Associate?
Fresher salaries for Recovery Associate in India typically range from ₹1.7 Lakhs to ₹2.9 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 Recovery Associate in India?
Experience significantly impacts a Recovery Associate salary in India. Salaries increase with experience, as Recovery Associate take on more complex tasks, responsibilities, and leadership roles. Recovery Associate salary at different experience level are as follows:
Experience Average Salary Range
Fresher ₹1.7 Lakhs to ₹2.9 Lakhs per year
1 year ₹1.8 Lakhs to ₹3.0 Lakhs per year
2 years ₹0.3 Lakhs to ₹4.0 Lakhs per year
3 years ₹0.2 Lakhs to ₹3.8 Lakhs per year
and so on.

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