Recovery Manager
Annual salary range
₹2.1 Lakhs - ₹7.5 Lakhs
Moderate Confidence 
Moderate Confidence means the data is based on a sufficient number of latest salaries.
Filter salaries byRecovery Manager Salary in Chennai
based on 11
latest salaries
• updated:
20 Oct 2024
Select an experience to get the exact salary
Salary of majority employees
Experience wise Recovery Manager salaries
| Years of experience | Avg. Annual Salary |
|---|---|
3
years
(1
salaries)
|  ₹2.6 L/yr - ₹2.6 L/yr |
4
years
(2
salaries)
| ₹1 L/yr - ₹3.5 L/yr |
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| |
5
years
(2
salaries)
| ₹2.2 L/yr - ₹4.1 L/yr |
6
years
(1
salaries)
| ₹7.5 L/yr - ₹7.5 L/yr |
7
years
(1
salaries)
| ₹3 L/yr - ₹3 L/yr |
View all salaries by experience
Recovery Manager Salary in
Chennai ranges between ₹2.1
Lakhs to ₹7.5
Lakhs for
3 years of experience to 12 years of experience
. Salary estimates are based on
11 latest salaries received
from Recovery Manager.
See latest salaries
Recovery Manager salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Finance & Accounting
Recovery Manager Salary
4 - 12
years
exp.
(6
salaries)
| ₹2.2 L/yr - ₹6.4 L/yr |
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| |
BFSI, Investments & Trading
Recovery Manager Salary
5 - 8
years
exp.
(AmbitionBox Estimate)
| ₹3.6 L/yr - ₹8 L/yr |
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 |
|---|---|---|
20 -
22
yrs
exp.
.
Chennai
(3 salaries)
|
₹4.5 L/yr - ₹5.8 L/yr | |
4 -
10
yrs
exp.
.
Chennai
(3 salaries)
|
₹2.1 L/yr - ₹3.5 L/yr | |
Login to view exact salary
| ||
1 yr
exp.
.
Chennai
(3 salaries)
|
₹3.5 L/yr - ₹4.1 L/yr | |
3 -
8
yrs
exp.
.
Chennai
(3 salaries)
|
₹2.6 L/yr - ₹5 L/yr | |
7 yrs
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹2.7 L/yr - ₹3.5 L/yr | |
12 yrs
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹4.5 L/yr - ₹5.8 L/yr | |
1 yr
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹4.8 L/yr - ₹6.1 L/yr | |
8 yrs
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹6.3 L/yr - ₹8 L/yr | |
Login to view exact salary
| ||
|
10 yrs
exp.
.
Chennai
(AmbitionBox Estimate)
|
₹13.5 L/yr - ₹17.2 L/yr | |
Recovery Manager Jobs in Chennai
Recovery Manager
· 15-22 years
TVS Credit Services
Bangalore / Bengaluru
Recovery Manager
· 10-15 years
Chola
Chennai
Recovery Manager
· 15-25 years
Skillventory
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|---|---|
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4 -
16
years
exp.
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| ₹3.5 L/yr - ₹16 L/yr |
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6 -
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exp.
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| ₹7.2 L/yr - ₹36 L/yr |
Login to view exact salary
| |
Deputy Manager Salary
3 -
15
years
exp.
(16k salaries)
| ₹4 L/yr - ₹18.1 L/yr |
Area Debt Manager Salary
7 -
15
years
exp.
(3 salaries)
| ₹9.5 L/yr - ₹15.9 L/yr |
Debt Manager Salary
2 -
10
years
exp.
(51 salaries)
| ₹3.6 L/yr - ₹7.8 L/yr |
View more similar designations
Salary related reviews by similar designations like Recovery Manager
HDFC Bank
Collections Manager in Hisar
• posted on 27 Jan 2025
Likes
good learning and development opportunities, strong reputation in the banking industry, competitive salary and incentives, job security, and a culture that encourages professional growth
read more- Salary - Excellent+6 more
Dislikes
intense work pressure, poor work-life balance, long working hours, excessive sales targets, lack of career progression, inconsistent management practices, and a sometimes toxic work culture;
read moreKotak Mahindra Bank
Senior Manager in Mumbai
• 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 more- Promotions - Poor+1 more
Shriram Finance
Collections Manager in Rehli
• posted on 14 Oct 2024
Likes
I have very big opportunity with Shriram Like salary satisfaction, leave taken and many other benifits.
read more- Salary - Good+3 more
Dislikes
Seniors culture vary bad
- Company culture - Bad
IDFC FIRST Bank
Branch Manager in New Delhi
• posted on 27 Nov 2024
Likes
They are good pay master, incentives are great.
- Salary - Good
Dislikes
No culture No long term vision No Learning.. Though you'll learn to handle pressure.
- Skill development - Bad+3 more
Piramal Capital Housing Finance
Deputy Manager in Mumbai
• posted on 25 May 2022
Likes
Great Company for good corporate exposure and Skill enhancement as a professional
- Salary - Good+6 more
Dislikes
Some more monetary compensation to employees
Top skills for Recovery Manager
Recovery Manager Salary In Other Locations
| Locations | Avg Annual Salary |
|---|---|
Mumbai
Recovery Manager
2 -
15
years
exp.
| ₹2.4 L/yr - ₹12 L/yr |
New Delhi
Recovery Manager
2 -
16
years
exp.
| ₹0.7 L/yr - ₹10.2 L/yr |
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| |
Bangalore / Bengaluru
Recovery Manager
2 -
15
years
exp.
| ₹3 L/yr - ₹20.3 L/yr |
Pune
Recovery Manager
2 -
16
years
exp.
| ₹2.4 L/yr - ₹7.7 L/yr |
Hyderabad / Secunderabad
Recovery Manager
2 -
15
years
exp.
| ₹2.8 L/yr - ₹8.6 L/yr |
View More
Recovery Manager Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Recovery Manager
2 -
16
years
exp.
| ₹2.1 L/yr - ₹10 L/yr |
Banking
Recovery Manager
2 -
16
years
exp.
| ₹2.6 L/yr - ₹10 L/yr |
Login to view exact salary
| |
NBFC
Recovery Manager
2 -
16
years
exp.
| ₹2.2 L/yr - ₹8.5 L/yr |
FinTech
Recovery Manager
2 -
15
years
exp.
| ₹2.3 L/yr - ₹15 L/yr |
Internet
Recovery Manager
2 -
15
years
exp.
| ₹1.6 L/yr - ₹10.6 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 ₹2.1 Lakhs to ₹7.5 Lakhs per year. Salary estimates are based on 11 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 - ₹7.7 Lakhs per year
- Kotak Mahindra Bank Recovery Manager Salary - ₹4.6 Lakhs per year
- Shriram Finance Recovery Manager Salary - ₹3.9 Lakhs per year
What is the starting salary for a Recovery Manager in India?
Average starting Salary for Recovery Manager in India is around ₹2.1 Lakhs per year (₹17.5k per month). 3 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 - ₹7.5 Lakhs to 7.5 Lakhs per year
- Banking - ₹7.0 Lakhs to 7.0 Lakhs per year
- NBFC - ₹2.1 Lakhs to 5.3 Lakhs per year
- Financial Services - ₹1.0 Lakhs to 5.0 Lakhs per year
- BPO - ₹3.0 Lakhs to 3.0 Lakhs per year
What are the top paying cities for Recovery Manager in India?
- Bangalore / Bengaluru - ₹2.2 Lakhs to 26.0 Lakhs per year
- Mumbai - ₹1.8 Lakhs to 76.8 Lakhs per year
- New Delhi - ₹0.2 Lakhs to 17.0 Lakhs per year
- Hyderabad / Secunderabad - ₹2.7 Lakhs to 20.0 Lakhs per year
- Pune - ₹1.2 Lakhs to 26.2 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 7 jobs posted by employers.
- Legal
- Focus
- MIS Reporting
- Collections
- Retail Banking
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