Recovery Officer
Annual salary range
₹1.5 Lakh - ₹4.3 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byRecovery Officer Salary in Financial Services in India
based on 688
latest salaries
• updated:
10 Feb 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Recovery Officer salaries
| Years of experience | Avg. Annual Salary |
|---|---|
1
year
(93
salaries)
|  ₹1.5 L/yr - ₹3.5 L/yr |
2
years
(143
salaries)
| ₹1.4 L/yr - ₹3.2 L/yr |
Login to view exact salary
| |
3
years
(127
salaries)
| ₹1.4 L/yr - ₹4.3 L/yr |
4
years
(99
salaries)
| ₹1.2 L/yr - ₹3.8 L/yr |
5
years
(98
salaries)
| ₹1.8 L/yr - ₹5.1 L/yr |
View all salaries by experience
Recovery Officer Salary in
India ranges between ₹1.5
Lakh to ₹4.3
Lakhs for
1 year of experience to 8 years of experience
. Salary estimates are based on
688 latest salaries received
from Recovery Officer.
See latest salaries
Recovery Officer salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Finance & Accounting
Recovery Officer Salary
1 - 8
years
exp.
(147
salaries)
| ₹1.5 L/yr - ₹4.3 L/yr |
Login to view exact salary
| |
BFSI, Investments & Trading
Recovery Officer Salary
1 - 8
years
exp.
(111
salaries)
| ₹1.6 L/yr - ₹4 L/yr |
View all departments salaries
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Top paying companies
Popular companies
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available
Similar designations
Salary related reviews
Top interview questions
Latest annual salaries shared by Recovery Officers
2d ago
any company
Recovery Officer
3 years exp.
2d ago
Aeon Credit Service
Recovery Officer
4 years exp.
3d ago
Atul Kumar Singh
Recovery Officer
8 years exp.
3d ago
SBI Life Insurance Company
Recovery Officer
2 years exp.
5d ago
India Shelter Finance Corporation
Recovery Officer
3 years exp.
5d ago
Team Lease
Recovery Officer
5 years exp.
5d ago
HDB Financial Services
Recovery Officer
6 years exp.
5d ago
RBL FinServe
Recovery Officer
3 years exp.
5d ago
Hinduja Housing Finance
Recovery Officer
3 years exp.
6d ago
Sree Ram Associates
Recovery Officer
7 years exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
1 -
8
yrs
exp.
(108 salaries)
|
₹1.2 L/yr - ₹3.8 L/yr | |
1 -
6
yrs
exp.
(49 salaries)
|
₹1.4 L/yr - ₹4 L/yr | |
Login to view exact salary
| ||
0 -
5
yrs
exp.
(40 salaries)
|
₹1.8 L/yr - ₹4.3 L/yr | |
0 -
6
yrs
exp.
(34 salaries)
|
₹1.4 L/yr - ₹4 L/yr | |
1 -
7
yrs
exp.
(33 salaries)
|
₹1.8 L/yr - ₹4.5 L/yr | |
1 -
7
yrs
exp.
(31 salaries)
|
₹1.2 L/yr - ₹3.1 L/yr | |
0 -
9
yrs
exp.
(29 salaries)
|
₹1.8 L/yr - ₹3.6 L/yr | |
1 -
6
yrs
exp.
(26 salaries)
|
₹1.8 L/yr - ₹3.5 L/yr | |
Login to view exact salary
| ||
0 -
8
yrs
exp.
(15 salaries)
|
₹1.5 L/yr - ₹3.4 L/yr | |
1 -
11
yrs
exp.
(15 salaries)
|
₹1.7 L/yr - ₹3.8 L/yr | |
Recovery Officer Jobs in India
Recovery Officer
· 0-3 years
Jana Small Finance Bank
₹1.5
L/yr
- ₹2.5
L/yr
Indore
Recovery Officer
· 2-4 years
Parijat Industries (I) Pvt. Ltd.
₹3.5
L/yr
- ₹4.8
L/yr
Hyderabad / Secunderabad
Recovery Officer
· 3-5 years
Mashreq Bank
Bangalore / Bengaluru
Similar Designation Salaries for Recovery Officer
| Designations | Avg Annual Salary |
|---|---|
Sales Officer Salary
1 -
10
years
exp.
(20.2k salaries)
| ₹1.5 L/yr - ₹4 L/yr |
Relationship Officer Salary
0 -
5
years
exp.
(13.2k salaries)
| ₹1.6 L/yr - ₹4.3 L/yr |
Login to view exact salary
| |
Collection Officer Salary
1 -
7
years
exp.
(4.9k salaries)
| ₹1.5 L/yr - ₹4 L/yr |
Senior Sales Officer Salary
2 -
12
years
exp.
(4.8k salaries)
| ₹1.7 L/yr - ₹4.4 L/yr |
Deputy Manager Salary
3 -
15
years
exp.
(67.1k salaries)
| ₹3.5 L/yr - ₹10.7 L/yr |
View more similar designations
Salary related reviews by similar designations like Recovery Officer
Bajaj Finance
Senior Sales Officer
• posted on 27 Jan 2025
Likes
Friendly environment Timing On date salary credited
- Skill development - Excellent
+2 more
Dislikes
No leaves even government holiday will be working Low salary No promotions to girls
read more- Promotions - Bad
Bajaj Finserv
Deputy Manager
• posted on 27 Nov 2024
Likes
Salary is low and incentive is high
- Skill development - Good
Dislikes
No time for personal life , you can earn good incentive you can learn many things of call centre
- Work satisfaction - Poor
+1 more
HDB Financial Services
Senior Sales Officer
• posted on 08 Nov 2024
Likes
Salary and incentive plans
- Salary - Good
+4 more
Dislikes
NEED A PROPER TEAM FOR COLLECTION AND RELPL TELE-CALLING CAN BE SPARED FROM CD DPL OFFICERS. Incentive cuting,i did’t received my onam period incentive even after one month.this is a quite bad thing i felt in the company .i am totally disappointed.i worked so hard in those days for the company.it really sad.
read moreHDFC Bank
Sales Officer
• posted on 12 Nov 2024
Likes
a good learning environment, strong career growth opportunities, competitive salary and benefits, a supportive work culture, good infrastructure, and a reputation for job security
read more- Salary - Good
+4 more
Dislikes
high pressure sales targets, poor work-life balance, lack of career growth, and a perceived toxic work environment.
Shriram Finance
Branch Manager
• posted on 25 Nov 2022
Likes
Very good company to start your career from scratch and will learn all about finance.
- Skill development - Excellent
+5 more
Dislikes
Salary is very low compared to positions.
Top skills for Recovery Officer
Recovery Officer Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Mumbai
Recovery Officer
1 -
8
years
exp.
| ₹0.3 L/yr - ₹5 L/yr |
New Delhi
Recovery Officer
1 -
8
years
exp.
| ₹0.3 L/yr - ₹4 L/yr |
Login to view exact salary
| |
Hyderabad / Secunderabad
Recovery Officer
1 -
8
years
exp.
| ₹1.8 L/yr - ₹4.3 L/yr |
Bangalore / Bengaluru
Recovery Officer
1 -
7
years
exp.
| ₹0.3 L/yr - ₹6.1 L/yr |
Pune
Recovery Officer
1 -
8
years
exp.
| ₹1.4 L/yr - ₹5.5 L/yr |
View More
Recovery Officer Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
NBFC
Recovery Officer
1 -
8
years
exp.
| ₹1.5 L/yr - ₹4 L/yr |
Banking
Recovery Officer
1 -
8
years
exp.
| ₹1.5 L/yr - ₹5 L/yr |
Login to view exact salary
| |
FinTech
Recovery Officer
1 -
8
years
exp.
| ₹1.8 L/yr - ₹4 L/yr |
Banking / Insurance / Accounting
Recovery Officer
1 -
6
years
exp.
| ₹1.5 L/yr - ₹4 L/yr |
Internet
Recovery Officer
1 -
7
years
exp.
| ₹1.5 L/yr - ₹5 L/yr |
View More
Frequently Asked Questions about Recovery Officer Salaries
What is the salary of a Recovery Officer in India?
Salary for a Recovery Officer in India ranges between ₹1.5 Lakhs to ₹4.3 Lakhs per year. Salary estimates are based on 688 latest salaries received from various Recovery Officers across industries.
What are the top paying companies that employ Recovery Officers?
- HDFC Bank Recovery Officer Salary - ₹2.9 Lakhs per year
- Bajaj Finserv Recovery Officer Salary - ₹2.9 Lakhs per year
- Mahindra Finance Recovery Officer Salary - ₹2.7 Lakhs per year
- Shriram Finance Recovery Officer Salary - ₹2.6 Lakhs per year
- Bajaj Finance Recovery Officer Salary - ₹2.6 Lakhs per year
What is the starting salary for a Recovery Officer in India?
Average starting Salary for Recovery Officer in India is around ₹1.5 Lakhs per year (₹12.5k per month). 1 year of minimum experience is required to be a Recovery Officer.
What is the highest salary for a Recovery Officer in India?
Highest salary that a Recovery Officer can earn is ₹4.5 Lakhs per year (₹37.5k per month).
What are the top paying industries for Recovery Officer in India?
- Banking - ₹0.1 Lakhs to 33.0 Lakhs per year
- FinTech - ₹1.5 Lakhs to 7.5 Lakhs per year
- NBFC - ₹0.2 Lakhs to 102.0 Lakhs per year
- Financial Services - ₹0.1 Lakhs to 8.5 Lakhs per year
- BPO - ₹1.0 Lakhs to 4.0 Lakhs per year
What are the top paying cities for Recovery Officer in India?
- Mumbai - ₹0.1 Lakhs to 33.0 Lakhs per year
- Bangalore / Bengaluru - ₹0.3 Lakhs to 6.1 Lakhs per year
- New Delhi - ₹1.8 Lakhs to 4.0 Lakhs per year
- Pune - ₹0.1 Lakhs to 8.5 Lakhs per year
- Hyderabad / Secunderabad - ₹0.4 Lakhs to 6.0 Lakhs per year
What are the popular/top skills required to become a Recovery Officer?
These are the top skills of a Recovery Officer based on 10 jobs posted by employers.
- Relationship Management
- Finance
- NBFC
- Collections
- Sales
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