Recovery Manager
Annual salary range
₹2.3 Lakhs - ₹15 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
Filter salaries byRecovery Manager Salary in FinTech in India
based on 29
latest salaries
• updated:
4 Jan 2025
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
(2
salaries)
|  ₹3 L/yr - ₹3.8 L/yr |
3
years
(6
salaries)
| ₹2.5 L/yr - ₹15 L/yr |
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| |
4
years
(4
salaries)
| ₹2.3 L/yr - ₹5.7 L/yr |
5
years
(7
salaries)
| ₹2.3 L/yr - ₹7.3 L/yr |
6
years
(3
salaries)
| ₹3.5 L/yr - ₹6.6 L/yr |
View all salaries by experience
Recovery Manager Salary in
India ranges between ₹2.3
Lakhs to ₹15
Lakhs for
2 years of experience to 15 years of experience
. Salary estimates are based on
29 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.
(12
salaries)
| ₹2.5 L/yr - ₹7.5 L/yr |
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| |
Sales & Business Development
Recovery Manager Salary
3 - 10
years
exp.
(4
salaries)
| ₹3.8 L/yr - ₹6.8 L/yr |
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 |
|---|---|---|
3 -
6
yrs
exp.
(8 salaries)
|
₹2.3 L/yr - ₹6.8 L/yr | |
3 -
10
yrs
exp.
(4 salaries)
|
₹2.5 L/yr - ₹15 L/yr | |
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| ||
13 -
15
yrs
exp.
(3 salaries)
|
₹4.9 L/yr - ₹7.5 L/yr | |
4 -
6
yrs
exp.
(3 salaries)
|
₹5.7 L/yr - ₹6.6 L/yr | |
2 -
3
yrs
exp.
(AmbitionBox Estimate)
|
₹2.7 L/yr - ₹3.5 L/yr | |
5 -
13
yrs
exp.
(AmbitionBox Estimate)
|
₹3.1 L/yr - ₹3.9 L/yr | |
3 -
5
yrs
exp.
(AmbitionBox Estimate)
|
₹3.4 L/yr - ₹4.4 L/yr | |
0 -
2
yrs
exp.
(AmbitionBox Estimate)
|
₹3.4 L/yr - ₹4.4 L/yr | |
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| ||
11 yrs
exp.
(AmbitionBox Estimate)
|
₹23.6 L/yr - ₹30.1 L/yr | |
5 yrs
exp.
(AmbitionBox Estimate)
|
₹6.6 L/yr - ₹8.4 L/yr | |
Recovery Manager Jobs in India
Recovery Manager
· 15-22 years
TVS Credit Services
Bangalore / Bengaluru
Recovery Manager
· 10-15 years
Chola
Chennai
Recovery Manager
· 15-25 years
Skillventory
Similar Designation Salaries for Recovery Manager
| Designations | Avg Annual Salary |
|---|---|
Deputy Manager Salary
3 -
15
years
exp.
(1.6k salaries)
| ₹3.5 L/yr - ₹17 L/yr |
Cluster Manager Salary
4 -
16
years
exp.
(752 salaries)
| ₹3.5 L/yr - ₹21 L/yr |
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| |
Senior Manager Salary
6 -
20
years
exp.
(2.4k salaries)
| ₹7.5 L/yr - ₹46 L/yr |
Area Debt Manager Salary
8 -
9
years
exp.
(AmbitionBox Estimate)
| ₹6.5 L/yr - ₹8 L/yr |
Debt Manager Salary
2 -
10
years
exp.
(29 salaries)
| ₹4 L/yr - ₹8 L/yr |
View more similar designations
Top skills for Recovery Manager
Recovery Manager Salary By 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 In Other 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 |
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| |
NBFC
Recovery Manager
2 -
16
years
exp.
| ₹2.2 L/yr - ₹8.5 L/yr |
Internet
Recovery Manager
2 -
15
years
exp.
| ₹1.6 L/yr - ₹10.6 L/yr |
Industrial Machinery
Recovery Manager
2 -
13
years
exp.
| ₹2 L/yr - ₹4.4 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 ₹2.3 Lakhs to ₹15.0 Lakhs per year. Salary estimates are based on 29 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 ₹2.3 Lakhs per year (₹19.2k 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?
- Jaipur - ₹4.9 Lakhs to 7.5 Lakhs per year
- Coimbatore - ₹3.8 Lakhs to 6.8 Lakhs per year
- Mumbai - ₹3.0 Lakhs to 7.3 Lakhs per year
- Bangalore / Bengaluru - ₹3.0 Lakhs to 5.7 Lakhs per year
- Ahmednagar - ₹2.3 Lakhs to 3.5 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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