Senior Recovery Manager
Annual salary range
₹2.8 Lakhs - ₹15 Lakhs
Moderate Confidence 
Moderate Confidence means the data is based on a sufficient number of latest salaries.
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Filter salaries bySenior Recovery Manager Salary in India (Updated 2025)
based on 24
latest salaries
• updated:
24 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Senior Recovery Manager Salary in India ranges between ₹2.8 Lakhs to ₹15 Lakhs for 4 years of experience to 16 years of experience. Salary estimates are based on 24 latest salaries received from Senior Recovery...
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| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
0 -
13
yrs
exp.
(6 salaries)
|
₹2.8 L/yr - ₹4.3 L/yr | |
11 -
14
yrs
exp.
(3 salaries)
|
₹10 L/yr - ₹11 L/yr | |
Login to view exact salary
| ||
13 -
14
yrs
exp.
(AmbitionBox Estimate)
|
₹9.5 L/yr - ₹12.1 L/yr | |
13 -
14
yrs
exp.
(AmbitionBox Estimate)
|
₹9.4 L/yr - ₹12 L/yr | |
12 -
13
yrs
exp.
(AmbitionBox Estimate)
|
₹12.6 L/yr - ₹16.1 L/yr | |
2 -
4
yrs
exp.
(AmbitionBox Estimate)
|
₹3.1 L/yr - ₹4 L/yr | |
13 -
15
yrs
exp.
(AmbitionBox Estimate)
|
₹8.3 L/yr - ₹10.6 L/yr | |
12 -
14
yrs
exp.
(AmbitionBox Estimate)
|
₹9.2 L/yr - ₹11.8 L/yr | |
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| ||
16 yrs
exp.
(AmbitionBox Estimate)
|
₹11.7 L/yr - ₹15 L/yr | |
13 yrs
exp.
(AmbitionBox Estimate)
|
₹12.6 L/yr - ₹16.1 L/yr | |
Latest annual salaries shared by Senior Recovery Managers
3w ago
IDFC FIRST Bank
Senior Recovery Manager
11 years exp.
3mo ago
Yes Bank
Senior Recovery Manager
14 years exp.
3mo ago
Yes Bank
Senior Recovery Manager
13 years exp.
5mo ago
Shriram Finance
Senior Recovery Manager
10 years exp.
6mo ago
Tata Capital Housing Finance
Senior Recovery Manager
12 years exp.
11mo ago
Shriram Finance
Senior Recovery Manager
4 years exp.
11mo ago
Shriram Finance
Senior Recovery Manager
8 years exp.
11mo ago
Shriram Finance
Senior Recovery Manager
13 years exp.
11mo ago
Shriram Finance
Senior Recovery Manager
10 years exp.
1y ago
Western India Transport Finance Co.
Senior Recovery Manager
4 years exp.
View all latest salaries
Senior Recovery Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
4
years
(2
salaries)
|  ₹3.2 L/yr - ₹3.9 L/yr |
7
years
(1
salaries)
| ₹0.3 L/yr - ₹0.3 L/yr |
Login to view exact salary
| |
8
years
(2
salaries)
| ₹3.6 L/yr - ₹12 L/yr |
10
years
(3
salaries)
| ₹2.8 L/yr - ₹8.4 L/yr |
11
years
(1
salaries)
| ₹11 L/yr - ₹11 L/yr |
View all salaries by experience
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Recovery Manager Salary
2 -
16
years
exp.
(611 salaries)
| ₹2 L/yr - ₹10 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(1.7L salaries)
| ₹7.1 L/yr - ₹41 L/yr |
Login to view exact salary
| |
Collections Manager Salary
3 -
13
years
exp.
(9k salaries)
| ₹2.5 L/yr - ₹9 L/yr |
Area Debt Manager Salary
6 -
15
years
exp.
(227 salaries)
| ₹6 L/yr - ₹17 L/yr |
Senior Area Collection Manager Salary
6 -
16
years
exp.
(284 salaries)
| ₹7.5 L/yr - ₹15.8 L/yr |
View more similar designations
Senior Recovery Manager Salary By Locations
| Locations | Avg. annual salary |
|---|---|
New Delhi
Senior Recovery Manager
8 -
16
years
exp.
| ₹6 L/yr - ₹12 L/yr |
Mumbai
Senior Recovery Manager
10 -
14
years
exp.
| ₹7.6 L/yr - ₹12.7 L/yr |
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| |
Dindigul
Senior Recovery Manager
13 -
15
years
exp.
| ₹8.3 L/yr - ₹10.6 L/yr |
Chennai
Senior Recovery Manager
13 -
17
years
exp.
| ₹9 L/yr - ₹18.6 L/yr |
Pune
Senior Recovery Manager
12 -
14
years
exp.
| ₹8.3 L/yr - ₹12.9 L/yr |
View More
Senior Recovery Manager Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Senior Recovery Manager
4 -
16
years
exp.
| ₹2.8 L/yr - ₹13 L/yr |
Banking Senior Recovery Manager
8 -
16
years
exp.
| ₹10 L/yr - ₹14 L/yr |
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| |
NBFC Senior Recovery Manager
4 -
13
years
exp.
| ₹2.8 L/yr - ₹13 L/yr |
Telecom Senior Recovery Manager
13 -
17
years
exp.
| ₹9.2 L/yr - ₹16.2 L/yr |
IT Services & Consulting Senior Recovery Manager
13 -
14
years
exp.
| ₹9.3 L/yr - ₹12.1 L/yr |
View More
Frequently Asked Questions (FAQS) about Senior Recovery Manager Salaries
What is the salary of a Senior Recovery Manager in India?
The salary of a Senior Recovery Manager in India varies based on experience, location, company & Industry.
On average, Senior Recovery Manager salaries ranges from ₹2.8 Lakhs to ₹15.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹2.8 Lakhs to ₹15.0 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 24 salaries received from various Senior Recovery Managers across industries.
The average starting salary is around ₹2.8 Lakhs to ₹15.0 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 24 salaries received from various Senior Recovery Managers across industries.
What are the top paying cities for Senior Recovery Manager in India?
The annual salary for Senior Recovery Manager in India varies by location. Top paying cities for Senior Recovery Manager are
Salary expectations for Senior Recovery Manager may vary based on job roles, experience, and specific employer requirements.
| Senior Recovery Manager Salary in New Delhi | ₹6.0 Lakhs to ₹12.0 Lakhs per year |
| Senior Recovery Manager Salary in Mumbai | ₹7.6 Lakhs to ₹12.7 Lakhs per year |
| Senior Recovery Manager Salary in Dindigul | ₹8.3 Lakhs to ₹10.6 Lakhs per year |
| Senior Recovery Manager Salary in Chennai | ₹9.0 Lakhs to ₹18.6 Lakhs per year |
| Senior Recovery Manager Salary in Pune | ₹8.3 Lakhs to ₹12.9 Lakhs per year |
What are the top paying industries for Senior Recovery Manager in India?
Top 5 paying Industries for Senior Recovery Manager in India are:
| Senior Recovery Manager Salary in Financial Services | ₹2.8 Lakhs to ₹13.0 Lakhs per year |
| Senior Recovery Manager Salary in Banking | ₹10.0 Lakhs to ₹14.0 Lakhs per year |
| Senior Recovery Manager Salary in NBFC | ₹2.8 Lakhs to ₹13.0 Lakhs per year |
| Senior Recovery Manager Salary in Telecom | ₹9.2 Lakhs to ₹16.2 Lakhs per year |
| Senior Recovery Manager Salary in IT Services & Consulting | ₹9.3 Lakhs to ₹12.1 Lakhs per year |
How does experience affect salaries of a Senior Recovery Manager in India?
Experience significantly impacts a Senior Recovery Manager salary in India. Salaries increase with experience, as Senior Recovery Manager take on more complex tasks, responsibilities, and leadership roles.
Senior Recovery Manager salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 4 years | ₹3.2 Lakhs to ₹3.9 Lakhs per year |
| 7 years | ₹0.3 Lakhs to ₹0.3 Lakhs per year |
| 8 years | ₹3.6 Lakhs to ₹12.0 Lakhs per year |
| 10 years | ₹2.8 Lakhs to ₹8.4 Lakhs per year |
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