Recovery Manager

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Recovery Manager Salary in India (Updated 2025)

based on 609 latest salaries • updated: 13 Mar 2025
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Annual salary range

₹2 Lakhs - ₹10 Lakhs

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Very High Confidence means the data is based on a large number of latest salaries.
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Recovery Manager Salary in India ranges between ₹2 Lakhs to ₹10 Lakhs for 2 years of experience to 16 years of experience. Salary estimates are based on 609 latest salaries received from Recovery Manager.
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Top Paying Companies for Recovery Manager

Company name Avg. annual salary Open Jobs
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Curious about top paying companies for Recovery Manager

Latest annual salaries shared by Recovery Managers

5d ago

Hero FinCorp

Recovery Manager

4 years exp.

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6d ago

Care Health Insurance

Recovery Manager

10 years exp.

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6d ago

HDFC Bank

Recovery Manager

7 years exp.

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1w ago

India Shelter Finance Corporation

Recovery Manager

6 years exp.

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1w ago

Can Fin Homes

Recovery Manager

8 years exp.

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1w ago

TCS

Recovery Manager

8 years exp.

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1w ago

PNB Housing Finance

Recovery Manager

5 years exp.

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1w ago

Yes Bank

Recovery Manager

15 years exp.

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2w ago

Finnable

Recovery Manager

9 years exp.

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3w ago

Finvent Finance

Recovery Manager

15 years exp.

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Recovery Manager salaries by

Years of experience Avg. annual salary
2 years
(50 salaries)
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₹0.2 L/yr - ₹8 L/yr

3 years
(50 salaries)
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₹2 L/yr - ₹7 L/yr

4 years
(63 salaries)
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₹2 L/yr - ₹6.7 L/yr

5 years
(76 salaries)
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₹1.8 L/yr - ₹8.8 L/yr

6 years
(65 salaries)
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₹1.6 L/yr - ₹7.5 L/yr

View all salaries by experience

Recovery Manager Jobs in India

Recovery Manager

· 3-5 years

Prop Solution 4U Pvt Ltd

·
4.5

Tiruchirappalli

Recovery Manager

· 2-7 years

Clix Capital Services

·
3.7

Pune

Recovery Manager

· 4-8 years

Vakilsearch

·
3.4
₹10 L/yr - ₹20 L/yr

Chennai

View all Recovery Manager jobs

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6 - 20 years exp.
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₹7.1 L/yr - ₹40.2 L/yr

Deputy Manager Salary
3 - 15 years exp.
(2.2L salaries)
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₹4 L/yr - ₹18 L/yr

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1 - 10 years exp.
(694 salaries)
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₹3.6 L/yr - ₹9.8 L/yr

Area Debt Manager Salary
6 - 15 years exp.
(258 salaries)
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₹5.8 L/yr - ₹16 L/yr

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Recovery Manager Salary By Locations

Locations Avg. annual salary
Mumbai
Recovery Manager
2 - 15 years exp.
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₹2.4 L/yr - ₹12 L/yr

New Delhi
Recovery Manager
2 - 16 years exp.
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₹0.7 L/yr - ₹10.2 L/yr

Bangalore / Bengaluru
Recovery Manager
2 - 15 years exp.
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₹3 L/yr - ₹20.3 L/yr

Hyderabad / Secunderabad
Recovery Manager
2 - 15 years exp.
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₹2.8 L/yr - ₹8.6 L/yr

Pune
Recovery Manager
2 - 16 years exp.
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₹2.4 L/yr - ₹9 L/yr

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Recovery Manager Salary By Industries

Industries Avg. annual salary

Financial Services

Recovery Manager
2 - 16 years exp.
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₹2.1 L/yr - ₹10 L/yr

Banking

Recovery Manager
2 - 16 years exp.
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₹2.7 L/yr - ₹10 L/yr

NBFC

Recovery Manager
2 - 16 years exp.
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₹2.2 L/yr - ₹8.5 L/yr

Internet

Recovery Manager
2 - 15 years exp.
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₹1.6 L/yr - ₹10.6 L/yr

FinTech

Recovery Manager
2 - 15 years exp.
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₹2.3 L/yr - ₹7.5 L/yr

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Frequently Asked Questions about Recovery Manager Salaries

What is the salary of a Recovery Manager in India?
Salary for a Recovery Manager in India ranges between ₹2.0 Lakhs to ₹10.0 Lakhs per year. Salary estimates are based on 609 latest salaries received from various Recovery Managers across industries.
What are the top paying companies that employ Recovery Managers?
What is the starting salary for a Recovery Manager in India?
Average starting Salary for Recovery Manager in India is around ₹2.0 Lakhs per year (₹16.7k per month). 2 years of minimum experience is required to be a Recovery Manager.
What is the highest salary for a Recovery Manager in India?
Highest salary that a Recovery Manager can earn is ₹10.0 Lakhs per year (₹83.3k per month).
What are the top paying industries for Recovery Manager in India?
What are the top paying cities for Recovery Manager in India?
What are the popular/top skills required to become a Recovery Manager?
These are the top skills of a Recovery Manager based on 11 jobs posted by employers.
  • Collections
  • Focus
  • Legal
  • MIS Reporting
  • Collection Management

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