Recovery Manager
Annual salary range
₹1.6 Lakh - ₹10.6 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byRecovery Manager Salary in Internet in India
based on 26
latest salaries
• updated:
16 Feb 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
(4
salaries)
|  ₹0.2 L/yr - ₹7.6 L/yr |
3
years
(4
salaries)
| ₹3 L/yr - ₹7 L/yr |
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| |
5
years
(4
salaries)
| ₹4 L/yr - ₹6.3 L/yr |
6
years
(4
salaries)
| ₹1.6 L/yr - ₹11.7 L/yr |
8
years
(2
salaries)
| ₹3 L/yr - ₹8.2 L/yr |
View all salaries by experience
Recovery Manager Salary in
India ranges between ₹1.6
Lakh to ₹10.6
Lakhs for
2 years of experience to 15 years of experience
. Salary estimates are based on
26 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 - 14
years
exp.
(6
salaries)
| ₹3 L/yr - ₹10 L/yr |
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| |
Risk Management & Compliance
Recovery Manager Salary
6 - 15
years
exp.
(3
salaries)
| ₹3 L/yr - ₹8.9 L/yr |
View all departments salaries
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 |
|---|---|---|
| | ||
| | ||
| | ||
Is this list helpful? | ||
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
2 -
10
yrs
exp.
(4 salaries)
|
₹5.8 L/yr - ₹7.8 L/yr | |
15 -
16
yrs
exp.
(3 salaries)
|
₹8.9 L/yr - ₹10.6 L/yr | |
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| ||
12 -
13
yrs
exp.
(AmbitionBox Estimate)
|
₹8.6 L/yr - ₹11 L/yr | |
15 yrs
exp.
(AmbitionBox Estimate)
|
₹5.6 L/yr - ₹7.1 L/yr | |
14 -
17
yrs
exp.
(AmbitionBox Estimate)
|
₹5.4 L/yr - ₹6.9 L/yr | |
5 -
15
yrs
exp.
(AmbitionBox Estimate)
|
₹5.3 L/yr - ₹6.8 L/yr | 1 job opening |
6 -
8
yrs
exp.
(AmbitionBox Estimate)
|
₹2.7 L/yr - ₹3.5 L/yr | |
2 -
6
yrs
exp.
(AmbitionBox Estimate)
|
₹2.1 L/yr - ₹2.7 L/yr | |
Login to view exact salary
| ||
3 -
5
yrs
exp.
(AmbitionBox Estimate)
|
₹3.4 L/yr - ₹4.4 L/yr | |
0 -
2
yrs
exp.
(AmbitionBox Estimate)
|
₹2.7 L/yr - ₹3.5 L/yr | |
Recovery Manager Jobs in India
Recovery Manager
· 15-22 years
TVS Credit Services
Bangalore / Bengaluru
Recovery Manager
· 5-10 years
Opus Industries
₹3.6
L/yr
- ₹6
L/yr
Hyderabad / Secunderabad
Recovery Manager
· 15-25 years
Skillventory
Similar Designation Salaries for Recovery Manager
| Designations | Avg Annual Salary |
|---|---|
Cluster Manager Salary
4 -
16
years
exp.
(2.5k salaries)
| ₹3.3 L/yr - ₹15 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(18k salaries)
| ₹9.5 L/yr - ₹45 L/yr |
Login to view exact salary
| |
Deputy Manager Salary
3 -
15
years
exp.
(8.5k salaries)
| ₹4.6 L/yr - ₹18 L/yr |
Debt Manager Salary
1 -
9
years
exp.
(8 salaries)
| ₹3 L/yr - ₹40 L/yr |
Agency Manager Salary
1 -
10
years
exp.
(129 salaries)
| ₹2.2 L/yr - ₹14.9 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 |
Login to view exact salary
| |
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 - ₹9 L/yr |
Hyderabad / Secunderabad
Recovery Manager
2 -
15
years
exp.
| ₹3 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.
| ₹2.7 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 - ₹7.5 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 ₹1.6 Lakhs to ₹10.6 Lakhs per year. Salary estimates are based on 26 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 - ₹7.6 Lakhs per year
- Kotak Mahindra Bank Recovery Manager Salary - ₹4.6 Lakhs per year
- Shriram Finance Recovery Manager Salary - ₹3.6 Lakhs per year
What is the starting salary for a Recovery Manager in India?
Average starting Salary for Recovery Manager in India is around ₹1.6 Lakhs per year (₹13.3k 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
- Financial Services - ₹0.3 Lakhs to 76.8 Lakhs per year
- FinTech - ₹2.5 Lakhs to 15.0 Lakhs per year
- NBFC - ₹0.1 Lakhs to 14.5 Lakhs per year
What are the top paying cities for Recovery Manager in India?
- Indore - ₹8.9 Lakhs to 10.6 Lakhs per year
- Bangalore / Bengaluru - ₹4.0 Lakhs to 17.0 Lakhs per year
- New Delhi - ₹4.0 Lakhs to 7.8 Lakhs per year
- Mumbai - ₹3.0 Lakhs to 6.2 Lakhs per year
- Pune - ₹3.0 Lakhs to 3.0 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
- Retail Banking
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