GIC Housing Finance Recovery Officer Salaries by 5 Employees (Updated 2025)

5 - 12 years exp.

₹2.2 Lakhs - ₹3.1 Lakhs

Salary of majority employees

7% less than the average Recovery Officer Salary in NBFC Companies for 5 - 12 years of experience

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Salaries in different departments

Customer Success, Service & Operations Recovery Officer Salary 5 - 7 years exp. (3 salaries)	₹2.2 L/yr - ₹2.5 L/yr
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BFSI, Investments & Trading Recovery Officer Salary 12 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 22 Feb 2025

Companies similar to GIC Housing Finance for Recovery Officer

Company name	Avg Annual Salary	Open Jobs
Sammaan Capital Limited Recovery Officer Salary 1 - 6 years exp. (9 salaries)	₹2.3 L/yr - ₹3.3 L/yr 10% more
PNB Housing Finance Recovery Officer Salary 0 - 8 years exp. (6 salaries)	₹2.5 L/yr - ₹3.1 L/yr 6% more
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Sundaram Finance Recovery Officer Salary 1 - 15 years exp. (5 salaries)	₹3.6 L/yr - ₹4.5 L/yr 61% more
Capital Trust Recovery Officer Salary 0 - 6 years exp. (4 salaries)	₹1.7 L/yr - ₹8 L/yr 31% more
Mahindra Rural Housing Finance Recovery Officer Salary 5 - 7 years exp. (4 salaries)	₹2.2 L/yr - ₹3.5 L/yr 13% more
Kogta Financial India Limited Recovery Officer Salary 2 - 7 years exp. (4 salaries)	₹2.4 L/yr - ₹3 L/yr 7% more
MAS Financial Services Recovery Officer Salary 0 - 7 years exp. (4 salaries)	₹1.8 L/yr - ₹3.3 L/yr 7% more
IKF Finance Recovery Officer Salary 2 - 10 years exp. (3 salaries)	₹1.2 L/yr - ₹2.3 L/yr 20% less
Five-Star Business Finance Recovery Officer Salary 2 - 3 years exp. (3 salaries)	₹2.9 L/yr - ₹3.7 L/yr 28% more
Sundaram Home Finance Recovery Officer Salary 4 - 10 years exp. (3 salaries)	₹2.2 L/yr - ₹3.9 L/yr 27% more
Poonawalla Fincorp Recovery Officer Salary 2 - 4 years exp. (3 salaries)	₹2.2 L/yr - ₹3 L/yr 14% more
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Recovery Officer salary at GIC Housing Finance ranges between ₹2.2 Lakhs to ₹3.1 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of GIC Housing Finance.

Experience wise GIC Housing Finance Recovery Officer salaries

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
5 years (3 salaries)	₹2.2 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
9 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.9 L/yr
10 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.9 L/yr
11 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
12 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr

View all

Similar Designation salaries in GIC Housing Finance

Sales Officer Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Branch Manager Salary

(31 salaries)

₹8.5 L/yr - ₹16 L/yr

Accountant Salary

(4 salaries)

₹2 L/yr - ₹2.3 L/yr

Sales Executive Salary

(8 salaries)

₹2 L/yr - ₹2.76 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Account Assistant Salary

(4 salaries)

₹2 L/yr - ₹3.36 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for GIC Housing Finance

5.0

Rated by 1 employees for salary & benefits

Senior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 06 Jun 2023

2.0

for Salary and Benefits

Likes

This company is good only salary paid to us time to time.

Skill development - Good

+4 more

Dislikes

This company paid salary time to time but salary not increase to all associates employees time to time also not give us bonus to all associates employee ,they have only increase salary and give bonus of permanent staff time to time.i have spent my 11yrs in this company with hard working but no body solve our salary and financial problem.

Salary - Poor

+1 more

Senior Executive in Mumbai

BFSI, Investments & Trading Department

1.0

• posted on 16 Jan 2019

3.0

for Salary and Benefits

Likes

Hopeless organisation. Only pay is decent. The company doesnot take care of its employees at all.

Dislikes

The company doesnot take care of the needs of the employees. The management is extremely faulty and judgmental.

Skill development - Bad

+4 more

Credit Underwriter in Faridabad

Full Time

Other Department

4.0

• posted on 21 Dec 2024

3.0

for Salary and Benefits

Likes

Culture of the company, job security, work life balance and minimum work pressure.

Job security - Excellent

+2 more

Dislikes

As there is limited work pressure, Thus, the chances of promotion is bare minimum, All the work is related to credit therefore, very limited salary appraisal lesser than the market standards. Outdated technology.

Senior Associate in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 27 Sep 2024

5.0

for Salary and Benefits

Likes

GIC housing finance ltd.comapny is govt.undertaking and this company give opportunity of office role person for growth of his/her work experience and this company give us salary time to time.

Salary - Excellent

+6 more

Dislikes

No any comments.

Executive in Kochi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 26 Oct 2023

5.0

for Salary and Benefits

Likes

It provides me a great learning opportunitie as i was able to learn about various aspects of credit processing and underwriting it also provides me with financial knowledge and skills required to know each consumer in there credit worthiness

Salary - Excellent

+5 more

Dislikes

The company should more involve in digital marketing and also should have more public involvement as it will lead to the growth of the business

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GIC Housing Finance Recovery Officer Salary FAQs

What is the salary of Recovery Officer at GIC Housing Finance ?

The average salary of a Recovery Officer at GIC Housing Finance in India typically ranges from ₹2.2 Lakhs to ₹3.1 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Recovery Officer at GIC Housing Finance earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Recovery Officer Salaries at GIC Housing Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 GIC Housing Finance employees in India.

What is the estimated take home salary of a Recovery Officer at GIC Housing Finance in India?

The estimated take-home salary of a Recovery Officer at GIC Housing Finance in India typically ranges from ₹17,482 to ₹19,183 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from 5 years to 12 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of GIC Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than GIC Housing Finance for Recovery Officer in India?

Sundaram Finance	₹3.6 Lakhs to ₹4.5 Lakhs per year
Capital Trust	₹1.7 Lakhs to ₹8.0 Lakhs per year
Five-Star Business Finance	₹2.9 Lakhs to ₹3.7 Lakhs per year
Sundaram Home Finance	₹2.2 Lakhs to ₹3.9 Lakhs per year
Poonawalla Fincorp	₹2.2 Lakhs to ₹3.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by GIC Housing Finance, depending on the role and experience level.

What is the salary of a Recovery Officer in companies similar to GIC Housing Finance in India?

The salary of a Recovery Officer at companies similar to GIC Housing Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra Rural Housing Finance	₹2.2 Lakhs to ₹3.5 Lakhs per year
Sammaan Capital Limited	₹2.3 Lakhs to ₹3.3 Lakhs per year
Kogta Financial India Limited	₹2.4 Lakhs to ₹3.0 Lakhs per year
MAS Financial Services	₹1.8 Lakhs to ₹3.3 Lakhs per year
PNB Housing Finance	₹2.5 Lakhs to ₹3.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Recovery Officer at GIC Housing Finance in India?

The salary growth for a Recovery Officer at GIC Housing Finance depends on factors such as experience, performance, and promotions. On average, a Recovery Officer can expect the following growth trajectory at GIC Housing Finance:

Experience	Average Salary Range
5 years	₹2.2 Lakhs to ₹3.1 Lakhs per year
6 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
7 years	₹2.5 Lakhs to ₹4.5 Lakhs per year
8 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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GIC Housing Finance Recovery Officer Salaries

GIC Housing Finance Recovery Officer salary in India ranges between ₹2.2 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 GIC Housing Finance latest salaries received from various employees of GIC Housing Finance.