Recovery Manager
Annual salary range
₹0.7 Lakh - ₹10.2 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 New Delhi (Updated 2025)
based on 44
latest salaries
• updated:
18 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Recovery Manager Salary in New Delhi ranges between ₹0.7 Lakh to ₹10.2 Lakhs for 2 years of experience to 16 years of experience. Salary estimates are based on 44 latest salaries received from Recovery Manager.
Explore on this page
Top paying companies
Popular companies
Latest annual salaries
Salaries by experience
Jobs
available
Similar designations
Salary related reviews
Top interview questions
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
IDFC FIRST Bank Recovery Manager Salary
4 years exp |  | |
Kotak Mahindra Bank Recovery Manager Salary
4 years exp | | |
 Recovery Manager Salary
4 years exp | | |
Is this list helpful? | ||
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
14 -
18
yrs
exp.
.
New Delhi
(4 salaries)
|
₹6 L/yr - ₹7.2 L/yr | |
4 -
7
yrs
exp.
.
New Delhi
(3 salaries)
|
₹2.5 L/yr - ₹4.1 L/yr | |
Login to view exact salary
| ||
|
1 -
3
yrs
exp.
.
New Delhi
(3 salaries)
|
₹6.3 L/yr - ₹8 L/yr | |
20 -
21
yrs
exp.
.
New Delhi
(3 salaries)
|
₹6.8 L/yr - ₹8.7 L/yr | |
10 -
15
yrs
exp.
.
New Delhi
(AmbitionBox Estimate)
|
₹4.8 L/yr - ₹6.2 L/yr | |
2 -
10
yrs
exp.
.
New Delhi
(AmbitionBox Estimate)
|
₹6.9 L/yr - ₹8.8 L/yr | |
20 -
21
yrs
exp.
.
New Delhi
(AmbitionBox Estimate)
|
₹4.3 L/yr - ₹5.5 L/yr | |
|
2 -
14
yrs
exp.
.
New Delhi
(AmbitionBox Estimate)
|
₹4 L/yr - ₹9.8 L/yr | |
Login to view exact salary
| ||
9 -
13
yrs
exp.
.
New Delhi
(AmbitionBox Estimate)
|
₹6.6 L/yr - ₹8.4 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
Recovery Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
2
years
(8
salaries)
| ₹0.2 L/yr - ₹8 L/yr |
3
years
(3
salaries)
| ₹3 L/yr - ₹6.3 L/yr |
Login to view exact salary
| |
4
years
(5
salaries)
| ₹2.5 L/yr - ₹4.8 L/yr |
5
years
(3
salaries)
| ₹3.6 L/yr - ₹5 L/yr |
6
years
(3
salaries)
| ₹0.3 L/yr - ₹3.4 L/yr |
View all salaries by experience
Recovery Manager Jobs in New Delhi
Recovery Manager
· 3-5 years
Prop Solution 4U Pvt Ltd
Tiruchirappalli
Recovery Manager
· 2-7 years
Clix Capital Services
Pune
Recovery Manager
· 4-8 years
Vakilsearch
₹10
L/yr
- ₹20
L/yr
Chennai
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Cluster Manager Salary
4 -
16
years
exp.
(1.3k salaries)
| ₹4 L/yr - ₹18.4 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(17.7k salaries)
| ₹6.9 L/yr - ₹36 L/yr |
Login to view exact salary
| |
Deputy Manager Salary
3 -
15
years
exp.
(21.4k salaries)
| ₹4 L/yr - ₹18 L/yr |
Area Debt Manager Salary
7 -
15
years
exp.
(25 salaries)
| ₹5.9 L/yr - ₹16.3 L/yr |
Debt Manager Salary
2 -
10
years
exp.
(99 salaries)
| ₹3.6 L/yr - ₹9 L/yr |
View more similar designations
Salary related reviews by similar designations like Recovery Manager
HDFC Bank
Branch Manager in Sindhudurg
• posted on 13 Feb 2025
Likes
Good culture and great work to place
- Salary - Excellent
+6 more
Dislikes
Vintage staff not getting salary correction as per market otherwise many left the service. Need to thing on salary revision of more than 10 year vintage staff. I am observing this since last 13 year and working on smaller package.
read moreIDFC FIRST Bank
Deputy Manager in Mumbai
• posted on 02 Feb 2025
Kotak Mahindra Bank
Deputy Manager in Mumbai
• posted on 18 Jan 2025
Likes
It's the best company for stability, Learning, Growth, increase your value in the market.
- Salary - Excellent
+6 more
Dislikes
Salary competitive less as per Market otherwise wonderful
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
Shriram Finance
Deputy Manager in Hyderabad / Secunderabad
• posted on 09 Jan 2024
Likes
Good
- Salary - Good
+6 more
Dislikes
Less growth for female employees in salary. But if u work hard at branch level u can earn more amount in the form of incentives a part from the salary
read moreTop 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 |
Bangalore / Bengaluru
Recovery Manager
2 -
15
years
exp.
| ₹3 L/yr - ₹20.3 L/yr |
Login to view exact salary
| |
Hyderabad / Secunderabad
Recovery Manager
2 -
15
years
exp.
| ₹2.8 L/yr - ₹8.6 L/yr |
Pune
Recovery Manager
2 -
16
years
exp.
| ₹2.4 L/yr - ₹9 L/yr |
Kolkata
Recovery Manager
3 -
15
years
exp.
| ₹3.9 L/yr - ₹8 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.
| ₹2.7 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 |
Internet Recovery Manager
2 -
15
years
exp.
| ₹1.6 L/yr - ₹10.6 L/yr |
FinTech Recovery Manager
2 -
15
years
exp.
| ₹2.3 L/yr - ₹7.5 L/yr |
View More
Frequently Asked Questions (FAQS) about Recovery Manager Salaries
What is the salary of a Recovery Manager in India?
The salary of a Recovery Manager in India varies based on experience, location, company & Industry.
On average, Recovery Manager salaries ranges from ₹0.7 Lakh to ₹10.2 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹0.7 Lakh to ₹10.2 Lakhs per year, with the highest salary reaching ₹5.2 Lakh to ₹7.7 Lakhs per year. Salary estimates are based on 44 salaries received from various Recovery Managers across industries.
The average starting salary is around ₹0.7 Lakh to ₹10.2 Lakhs per year, with the highest salary reaching ₹5.2 Lakh to ₹7.7 Lakhs per year. Salary estimates are based on 44 salaries received from various Recovery Managers across industries.
What are the top paying companies that employ Recovery Managers?
Recovery Manager Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| IDFC FIRST Bank Recovery Manager Salary | ₹5.2 Lakhs to ₹7.7 Lakhs per year |
| Kotak Mahindra Bank Recovery Manager Salary | ₹2.4 Lakhs to ₹7.4 Lakhs per year |
| Shriram Finance Recovery Manager Salary | ₹2.2 Lakhs to ₹5 Lakhs per year |
What are the top paying cities for Recovery Manager in India?
The annual salary for Recovery Manager in India varies by location. Top paying cities for Recovery Manager are
Salary expectations for Recovery Manager may vary based on job roles, experience, and specific employer requirements.
| Recovery Manager Salary in Mumbai | ₹2.4 Lakhs to ₹12.0 Lakhs per year |
| Recovery Manager Salary in Bangalore / Bengaluru | ₹3.0 Lakhs to ₹20.3 Lakhs per year |
| Recovery Manager Salary in Hyderabad / Secunderabad | ₹2.8 Lakhs to ₹8.6 Lakhs per year |
| Recovery Manager Salary in Pune | ₹2.4 Lakhs to ₹9.0 Lakhs per year |
| Recovery Manager Salary in Kolkata | ₹3.9 Lakhs to ₹8.0 Lakhs per year |
What are the top paying industries for Recovery Manager in India?
Top 5 paying Industries for Recovery Manager in India are:
| Recovery Manager Salary in Financial Services | ₹2.1 Lakhs to ₹10.0 Lakhs per year |
| Recovery Manager Salary in Banking | ₹2.7 Lakhs to ₹10.0 Lakhs per year |
| Recovery Manager Salary in NBFC | ₹2.2 Lakhs to ₹8.5 Lakhs per year |
| Recovery Manager Salary in Internet | ₹1.6 Lakhs to ₹10.6 Lakhs per year |
| Recovery Manager Salary in FinTech | ₹2.3 Lakhs to ₹7.5 Lakhs per year |
How does experience affect salaries of a Recovery Manager in India?
Experience significantly impacts a Recovery Manager salary in India. Salaries increase with experience, as Recovery Manager take on more complex tasks, responsibilities, and leadership roles.
Recovery Manager salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹0.2 Lakhs to ₹8.0 Lakhs per year |
| 3 years | ₹3.0 Lakhs to ₹6.3 Lakhs per year |
| 4 years | ₹2.5 Lakhs to ₹4.8 Lakhs per year |
| 5 years | ₹3.6 Lakhs to ₹5.0 Lakhs per year |
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