Recovery Officer
Annual salary range
₹1 Lakh - ₹4.5 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
Filter salaries byRecovery Officer Salary in Mumbai
based on 1.4k
latest salaries
• updated:
3 Dec 2024
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
(237
salaries)
|  ₹1 L/yr - ₹4.5 L/yr |
2
years
(281
salaries)
| ₹1 L/yr - ₹4.5 L/yr |
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| |
3
years
(265
salaries)
| ₹1 L/yr - ₹4.5 L/yr |
4
years
(202
salaries)
| ₹1 L/yr - ₹4.5 L/yr |
5
years
(167
salaries)
| ₹1.1 L/yr - ₹4.5 L/yr |
View all salaries by experience
Recovery Officer Salary in
Mumbai ranges between ₹1
Lakh to ₹4.5
Lakhs for
1 year of experience to 8 years of experience
. Salary estimates are based on
1.4k 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.
(21
salaries)
| ₹1.1 L/yr - ₹4.5 L/yr |
Login to view exact salary
| |
BFSI, Investments & Trading
Recovery Officer Salary
1 - 7
years
exp.
(16
salaries)
| ₹1.7 L/yr - ₹4.5 L/yr |
View all departments salaries
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 Officers
2d ago
Private Finance
Recovery Officer
3 years exp.
2d ago
ROCKETBOX
Recovery Officer
5 years exp.
3d ago
Bandhan Bank
Recovery Officer
2 years exp.
4d ago
Mahindra Finance
Recovery Officer
7 years exp.
5d ago
IPROCESS BUSINESS SOLUTIONS
Recovery Officer
4 years exp.
5d ago
Malankara Credit Society
Recovery Officer
1 year exp.
6d ago
Felidae Infosec
Recovery Officer
3 years exp.
1w ago
Muthoot Finance
Recovery Officer
4 years exp.
1w ago
Om Sai Credit Collection Services
Recovery Officer
4 years exp.
1w ago
Kapil Chit Funds
Recovery Officer
6 years exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
Fresher
.
Mumbai
(AmbitionBox Estimate)
|
₹2.7 L/yr - ₹3.5 L/yr | |
2 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹2.2 L/yr - ₹2.8 L/yr | |
Login to view exact salary
| ||
1 yr
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹1 L/yr - ₹1.3 L/yr | |
10 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹0.3 L/yr - ₹0.4 L/yr | |
|
2 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹2.1 L/yr - ₹2.7 L/yr | |
|
16 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹2 L/yr - ₹2.5 L/yr | |
|
4 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹14.4 L/yr - ₹18.4 L/yr | |
4 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹3.4 L/yr - ₹4.4 L/yr | |
Login to view exact salary
| ||
|
4 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹6.8 L/yr - ₹8.7 L/yr | |
Recovery Officer Jobs in Mumbai
Recovery Officer
· 1-6 years
UNIFINZ CAPITAL INDIA LIMITED
Kolkata
Recovery Officer
· 3-8 years
Kalpana Sahu Mutual Benefit Nidhi Ltd.
₹3
L/yr
- ₹5
L/yr
Lucknow
Recovery Officer
· 1-5 years
The Karnavati Co-op Bank
Ahmedabad
Similar Designation Salaries for Recovery Officer
| Designations | Avg Annual Salary |
|---|---|
Sales Officer Salary
1 -
10
years
exp.
(4k salaries)
| ₹1.7 L/yr - ₹6.2 L/yr |
Relationship Officer Salary
0 -
5
years
exp.
(1.2k salaries)
| ₹1.6 L/yr - ₹4.5 L/yr |
Login to view exact salary
| |
Collection Officer Salary
1 -
7
years
exp.
(628 salaries)
| ₹1.6 L/yr - ₹4 L/yr |
Senior Sales Officer Salary
2 -
12
years
exp.
(954 salaries)
| ₹2.2 L/yr - ₹11 L/yr |
Deputy Manager Salary
3 -
15
years
exp.
(30.8k salaries)
| ₹3.7 L/yr - ₹16.4 L/yr |
View more similar designations
Salary related reviews by similar designations like Recovery Officer
Shriram Finance
Branch Manager in Karol Bagh
• posted on 25 Sep 2024
Likes
Shriram finance co. is very good. the support of the operation team is good. every FY there some salary increase the products are good according to the market, Shriram finance has its own identity in the market.
read moreDislikes
The behavior of the reporting manager is not good , he talks to abusively. he is always trying to show himself superior and others inferior , that is why no one wants to work with him. Shriram finance is a very good co. but because of this no one wants to work with him.
read moreHDFC Bank
Deputy Manager in Chennai
• posted on 04 Dec 2024
Likes
All are good job security, work life balance, Job satisfaction, Skills and knowledge development, these are all is good
Dislikes
Salary is not good. This company is a few things restricted to incentive and bonus and employee service not good. I am not satisfaction. These are all not good
read moreHDB Financial Services
Sales Officer in Barpeta
• posted on 01 Nov 2024
Bajaj Finserv
Deputy Manager
• posted on 30 Nov 2024
Likes
Some say that Bajaj Finserv is a good place to work because of its competitive compensation, opportunities for career growth, and supportive work environment: Compensation Some say that Bajaj Finserv offers good
read moreDislikes
Some say the work culture is toxic and aggressive, and that there is a lack of work-life balance. Others say that managers abuse employees.
read moreBajaj Finance
Collection Officer in Patna
• posted on 15 Nov 2024
Likes
👍
Dislikes
I enjoyed working in Bajaj. Bajaj is a good company. I resigned because my salary was less and I got a good opportunity in the bank, so I left the region.
read moreTop skills for Recovery Officer
Recovery Officer Salary In Other Locations
| Locations | Avg Annual Salary |
|---|---|
New Delhi
Recovery Officer
1 -
8
years
exp.
| ₹1 L/yr - ₹4.5 L/yr |
Hyderabad / Secunderabad
Recovery Officer
1 -
8
years
exp.
| ₹1 L/yr - ₹4.5 L/yr |
Login to view exact salary
| |
Bangalore / Bengaluru
Recovery Officer
1 -
8
years
exp.
| ₹1 L/yr - ₹4.5 L/yr |
Pune
Recovery Officer
1 -
8
years
exp.
| ₹1 L/yr - ₹4.5 L/yr |
Chennai
Recovery Officer
1 -
8
years
exp.
| ₹1 L/yr - ₹4.5 L/yr |
View More
Recovery Officer Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Recovery Officer
1 -
8
years
exp.
| ₹1 L/yr - ₹4.5 L/yr |
NBFC
Recovery Officer
1 -
8
years
exp.
| ₹1 L/yr - ₹4.5 L/yr |
Login to view exact salary
| |
Banking
Recovery Officer
1 -
8
years
exp.
| ₹1 L/yr - ₹4.5 L/yr |
FinTech
Recovery Officer
1 -
8
years
exp.
| ₹1 L/yr - ₹4.5 L/yr |
Banking / Insurance / Accounting
Recovery Officer
1 -
8
years
exp.
| ₹1 L/yr - ₹4.5 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 ₹1.0 Lakhs to ₹4.5 Lakhs per year. Salary estimates are based on 1.4k latest salaries received from various Recovery Officers across industries.
What are the top paying companies that employ Recovery Officers?
- Bajaj Finserv Recovery Officer Salary - ₹2.9 Lakhs per year
- HDFC Bank Recovery Officer Salary - ₹2.8 Lakhs per year
- Mahindra Finance Recovery Officer Salary - ₹2.6 Lakhs per year
- Bajaj Finance Recovery Officer Salary - ₹2.6 Lakhs per year
- Dhani Loans and Services Recovery Officer Salary - ₹2.5 Lakhs per year
What is the starting salary for a Recovery Officer in India?
Average starting Salary for Recovery Officer in India is around ₹1.0 Lakhs per year (₹8.3k 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 ₹4.0 Lakhs per year (₹33.3k per month).
What are the top paying industries for Recovery Officer in India?
- Banking - ₹0.4 Lakhs to 33.0 Lakhs per year
- IT Services & Consulting - ₹3.4 Lakhs to 4.5 Lakhs per year
- Power - ₹0.3 Lakhs to 5.0 Lakhs per year
- Financial Services - ₹0.1 Lakhs to 6.4 Lakhs per year
- NBFC - ₹1.4 Lakhs to 6.0 Lakhs per year
What are the top paying cities for Recovery Officer in India?
- Bangalore / Bengaluru - ₹0.2 Lakhs to 21.5 Lakhs per year
- Pune - ₹0.1 Lakhs to 50.0 Lakhs per year
- Hyderabad / Secunderabad - ₹0.3 Lakhs to 24.0 Lakhs per year
- Mumbai - ₹0.1 Lakhs to 33.0 Lakhs per year
- New Delhi - ₹0.2 Lakhs to 15.2 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 5 jobs posted by employers.
- Finance
- Relationship Management
- Sales
- NBFC
- Collections
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Popular Calculators
Recovery Officer Interview Questions
based on 22 interviews
Q1.
How to make a successful withdrawal and also recover lost funds
Q2.
Here. I can teach you on how you successful withdraw your funds and also guide you on how ...
Q3.
How to invest w
Q4.
How to recover lost funds
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