Recovery Manager
Annual salary range
₹2 Lakhs - ₹10 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
Filter salaries byRecovery Manager Salary in Banking in India
based on 599
latest salaries
• updated:
31 Dec 2024
Select an experience to get the exact salary
Salary of majority employees
Experience wise Recovery Manager salaries
| Years of experience | Avg. Annual Salary |
|---|---|
2
years
(39
salaries)
|  ₹2 L/yr - ₹8.6 L/yr |
3
years
(51
salaries)
| ₹2 L/yr - ₹7.3 L/yr |
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| |
4
years
(63
salaries)
| ₹2 L/yr - ₹7.7 L/yr |
5
years
(77
salaries)
| ₹2.1 L/yr - ₹9.7 L/yr |
6
years
(66
salaries)
| ₹2 L/yr - ₹9.3 L/yr |
View all salaries by experience
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
599 latest salaries received
from Recovery Manager.
See latest salaries
Recovery Manager salaries in different departments
| Department | Avg Annual Salary |
|---|---|
BFSI, Investments & Trading
Recovery Manager Salary
3 - 15
years
exp.
(59
salaries)
| ₹3.5 L/yr - ₹10 L/yr |
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| |
Finance & Accounting
Recovery Manager Salary
2 - 15
years
exp.
(17
salaries)
| ₹2.7 L/yr - ₹9 L/yr |
View all departments salaries
Explore on this page
Top paying companies
Popular companies
Jobs
available
Similar designations
Salary related reviews
Top interview questions
Latest annual salaries shared by Recovery Managers
5d ago
Hero FinCorp
Recovery Manager
4 years exp.
6d ago
Care Health Insurance
Recovery Manager
10 years exp.
6d ago
HDFC Bank
Recovery Manager
7 years exp.
1w ago
India Shelter Finance Corporation
Recovery Manager
6 years exp.
1w ago
Can Fin Homes
Recovery Manager
8 years exp.
1w ago
TCS
Recovery Manager
8 years exp.
1w ago
PNB Housing Finance
Recovery Manager
5 years exp.
1w ago
Yes Bank
Recovery Manager
15 years exp.
2w ago
Finnable
Recovery Manager
9 years exp.
3w ago
Finvent Finance
Recovery Manager
15 years exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
| | ||
| | ||
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
2 -
9
yrs
exp.
(52 salaries)
|
₹3.8 L/yr - ₹10 L/yr | |
1 -
14
yrs
exp.
(25 salaries)
|
₹1.8 L/yr - ₹9.8 L/yr | |
Login to view exact salary
| ||
5 -
18
yrs
exp.
(17 salaries)
|
₹3.5 L/yr - ₹13.5 L/yr | |
0 -
13
yrs
exp.
(12 salaries)
|
₹2.5 L/yr - ₹6.4 L/yr | |
0 -
12
yrs
exp.
(11 salaries)
|
₹3.3 L/yr - ₹11 L/yr | |
10 -
16
yrs
exp.
(7 salaries)
|
₹5.8 L/yr - ₹6.3 L/yr | |
4 -
14
yrs
exp.
(7 salaries)
|
₹4.5 L/yr - ₹6.6 L/yr | |
7 -
16
yrs
exp.
(6 salaries)
|
₹10.8 L/yr - ₹15.5 L/yr | |
Login to view exact salary
| ||
2 -
13
yrs
exp.
(5 salaries)
|
₹5.5 L/yr - ₹9 L/yr | |
1 -
13
yrs
exp.
(4 salaries)
|
₹1.8 L/yr - ₹6 L/yr | |
Recovery Manager Jobs in India
Recovery Manager
· 10-15 years
Chola
Chennai
Recovery Manager
· 15-20 years
TVS Credit Services
Bhopal
Recovery Manager
· 15-25 years
Skillventory
₹50
L/yr
- ₹60
L/yr
Similar Designation Salaries for Recovery Manager
| Designations | Avg Annual Salary |
|---|---|
Cluster Manager Salary
4 -
16
years
exp.
(939 salaries)
| ₹5 L/yr - ₹20 L/yr |
Senior Manager Salary
6 -
19
years
exp.
(21.8k salaries)
| ₹8 L/yr - ₹28.7 L/yr |
Login to view exact salary
| |
Deputy Manager Salary
3 -
15
years
exp.
(27.4k salaries)
| ₹3.2 L/yr - ₹7.7 L/yr |
Area Debt Manager Salary
7 -
15
years
exp.
(235 salaries)
| ₹5.6 L/yr - ₹15.2 L/yr |
Debt Manager Salary
1 -
10
years
exp.
(776 salaries)
| ₹3.6 L/yr - ₹9.3 L/yr |
View more similar designations
Salary related reviews by similar designations like Recovery Manager
HDFC Bank
Collections Manager
• posted on 13 Nov 2024
Likes
Working Hours (9:30 to 5:30 some time 9:30 to 7:30(occasionally) Work Pressure is very low in debt recovery or collections department if, you compare the same with other companies. Job security
read moreDislikes
Salary increment (3 rating 4%, 2 rating 5 to 6%, 1 rating 7% to 9 % approximately) Bonus structure
read moreKotak Mahindra Bank
Senior Manager
• posted on 17 Oct 2024
Likes
Employee home loan facility for staff at lesser rate of interest ....nearly 50% less rest is ok ok
Dislikes
...ime extended working hours .....Which somewhere it disturbs work life balance... Salary hike is average and bonus depends on work
read moreIDFC FIRST Bank
Branch Manager
• posted on 27 Nov 2024
Likes
They are good pay master, incentives are great.
Dislikes
No culture No long term vision No Learning.. Though you'll learn to handle pressure.
Top skills for Recovery Manager
Recovery Manager Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Mumbai
Recovery Manager
2 -
16
years
exp.
| ₹2 L/yr - ₹10 L/yr |
New Delhi
Recovery Manager
2 -
16
years
exp.
| ₹2 L/yr - ₹10 L/yr |
Login to view exact salary
| |
Bangalore / Bengaluru
Recovery Manager
2 -
16
years
exp.
| ₹2 L/yr - ₹10 L/yr |
Pune
Recovery Manager
2 -
16
years
exp.
| ₹2 L/yr - ₹10 L/yr |
Hyderabad / Secunderabad
Recovery Manager
2 -
16
years
exp.
| ₹2 L/yr - ₹10 L/yr |
View More
Recovery Manager Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Recovery Manager
2 -
16
years
exp.
| ₹2 L/yr - ₹10 L/yr |
NBFC
Recovery Manager
2 -
16
years
exp.
| ₹2 L/yr - ₹10 L/yr |
Login to view exact salary
| |
Internet
Recovery Manager
2 -
16
years
exp.
| ₹2 L/yr - ₹10 L/yr |
FinTech
Recovery Manager
2 -
16
years
exp.
| ₹2 L/yr - ₹10 L/yr |
Industrial Machinery
Recovery Manager
2 -
16
years
exp.
| ₹2 L/yr - ₹10 L/yr |
View More
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 599 latest salaries received from various Recovery Managers across industries.
What are the top paying companies that employ Recovery Managers?
- IDFC FIRST Bank Recovery Manager Salary - ₹7.8 Lakhs per year
- Kotak Mahindra Bank Recovery Manager Salary - ₹4.6 Lakhs per year
- Shriram Finance Recovery Manager Salary - ₹4.1 Lakhs per year
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?
- IT Services & Consulting - ₹0.2 Lakhs to 27.0 Lakhs per year
- Banking - ₹0.2 Lakhs to 20.0 Lakhs per year
- FinTech - ₹2.5 Lakhs to 26.2 Lakhs per year
- Financial Services - ₹0.3 Lakhs to 76.8 Lakhs per year
- NBFC - ₹0.1 Lakhs to 14.5 Lakhs per year
What are the top paying cities for Recovery Manager in India?
- Hyderabad / Secunderabad - ₹3.5 Lakhs to 20.0 Lakhs per year
- Mumbai - ₹1.8 Lakhs to 14.0 Lakhs per year
- Bangalore / Bengaluru - ₹4.0 Lakhs to 8.4 Lakhs per year
- Pune - ₹3.9 Lakhs to 9.0 Lakhs per year
- Kolkata - ₹3.9 Lakhs to 10.0 Lakhs per year
What are the popular/top skills required to become a Recovery Manager?
These are the top skills of a Recovery Manager based on 9 jobs posted by employers.
- Legal
- Focus
- MIS Reporting
- Collections
- Collection Management
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