HDB Financial Services Recovery Agent Salaries by 10+ Employees

1 - 3 years exp.

₹1.5 Lakh - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

7% less than the average Recovery Agent Salary in NBFC Companies for 1 - 3 years of experience

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Salaries in different departments

Finance & Accounting Recovery Agent Salary 1 - 3 years exp. (4 salaries)	₹1.8 L/yr - ₹2.1 L/yr
Login to view exact salary
Customer Success, Service & Operations Recovery Agent Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.5 L/yr

Last Updated: 17 Aug 2024

Companies similar to HDB Financial Services for Recovery Agent

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Recovery Agent Salary 0 - 6 years exp. (54 salaries)	₹1 L/yr - ₹4 L/yr 8% more
Hero FinCorp Recovery Agent Salary 1 - 5 years exp. (5 salaries)	₹1.5 L/yr - ₹3 L/yr 8% less
Login to view exact salary
TVS Credit Recovery Agent Salary 0 - 2 years exp. (4 salaries)	₹2 L/yr - ₹2.4 L/yr 8% less
Bharat Financial Inclusion Recovery Agent Salary 1 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹3.6 L/yr 29% more
Mahindra Finance Recovery Agent Salary 1 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹2.9 L/yr 4% less
CreditAccess Grameen Recovery Agent Salary 0 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹2.6 L/yr 8% less
Manappuram Finance Recovery Agent Salary 0 - 6 years exp. (3 salaries)	₹1.2 L/yr - ₹1.8 L/yr 37% less
SMFG India Credit Recovery Agent Salary 2 years exp. (3 salaries)	₹0.2 L/yr - ₹0.2 L/yr 92% less
Tata Motors Finance Recovery Agent Salary 0 - 1 year exp. (3 salaries)	₹1 L/yr - ₹2.6 L/yr 28% less

Recovery Agent salary at HDB Financial Services ranges between ₹1.5 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 14 latest salaries received from various employees of HDB Financial Services.

Latest annual salaries shared by HDB Financial Services Recovery Agent

7mo ago

₹2.1 Lakhs

1 year exp.

9mo ago

₹1.8 Lakh

3 years exp.

9mo ago

₹2.5 Lakhs

3 years exp.

1y ago

₹1.8 Lakh

2 years exp.

1y ago

₹1.5 Lakh

1 year exp.

1y ago

1 year exp.

1y ago

1 year exp.

1y ago

3 years exp.

1y ago

1 year exp.

1y ago

3 years exp.

Experience wise HDB Financial Services Recovery Agent salaries

Last Updated: 17 Aug 2024

Experience	Avg Annual Salary
1 year (8 salaries)	₹1.5 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3 L/yr
Login to view exact salary
3 years (4 salaries)	₹1.8 L/yr - ₹3 L/yr

Similar Designation salaries in HDB Financial Services

Accountant Salary

(31 salaries)

₹1.45 L/yr - ₹7 L/yr

Team Lead Salary

(365 salaries)

₹1.5 L/yr - ₹6.08 L/yr

Senior Analyst Salary

(7 salaries)

₹1.8 L/yr - ₹5.9 L/yr

Analyst Salary

(25 salaries)

₹1.45 L/yr - ₹3.5 L/yr

Account Assistant Salary

(4 salaries)

₹1.8 L/yr - ₹2.5 L/yr

Deputy Manager Salary

(120 salaries)

₹3 L/yr - ₹9.5 L/yr

Sales Manager Salary

(1.1k salaries)

₹1 L/yr - ₹6.5 L/yr

Branch Manager Salary

(298 salaries)

₹4.39 L/yr - ₹13.2 L/yr

Senior Associate Salary

(42 salaries)

₹1 L/yr - ₹4 L/yr

Sales Officer Salary

(2k salaries)

₹0.89 L/yr - ₹5 L/yr

Salary related reviews for HDB Financial Services

2.9

Rated by 5 employees for salary & benefits

Sales Manager in Siwan

Full Time

Sales & Business Development Department

3.0

• posted on 25 Feb 2025

4.0

for Salary and Benefits

Likes

Salary on time, working pressure is average, work - life balance is average.

Salary - Good

+1 more

Dislikes

No co-operate from any seniors. Do self each and every thing. Sales and collection. Target pressure is 100 % but support is 0%. Work starting time is 8.00am ending time not fixed.

Skill development - Poor

+1 more

Senior Sales Officer in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 09 Nov 2024

2.0

for Salary and Benefits

Likes

Job secured for a standard term with lesser business. Overall maximum loans disbursement after login with minimum documentation and -cibil also.

Job security - Good

Dislikes

No Work life balance, poor salary, bad behaviors from managers each and every time,groupism.No thankful behavior for hardwork.

Salary - Poor

+3 more

Senior Sales Officer in Palakkad

Full Time

Sales & Business Development Department

4.0

• posted on 08 Nov 2024

4.0

for Salary and Benefits

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.

Sales Officer in Barpeta

Full Time

Sales & Business Development Department

5.0

• posted on 01 Nov 2024

5.0

for Salary and Benefits

Likes

Some say that working at HDB Financial Services is a good place to start a career in lending and that they have a good work culture:

Salary - Excellent

+6 more

Dislikes

Some say the salary and growth level are low. No work-life balance: Some say there is no work-life balance.

Sales Manager in Jaipur

Full Time

Finance & Accounting Department

4.0

• posted on 01 Oct 2024

3.0

for Salary and Benefits

Likes

Only salary paid on time

Dislikes

Lot of things Pls remove sales part from HDB it's credit oriented group where only making fun on the basis of sales performance throw hold files without knowing facts in this group sales person are fool only credit is good If credit is good then why set higher target for sales team

Job security - Poor

+1 more

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What people are saying about HDB Financial Services

View All

a manager

17h

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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HDB Financial Services Recovery Agent Salary FAQs

What is the salary of Recovery Agent at HDB Financial Services ?

The average salary of a Recovery Agent at HDB Financial Services in India typically ranges from ₹1.5 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Recovery Agent at HDB Financial Services earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Recovery Agent Salaries at HDB Financial Services 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 10+ HDB Financial Services employees in India.

What is the estimated take home salary of a Recovery Agent at HDB Financial Services in India?

The estimated take-home salary of a Recovery Agent at HDB Financial Services in India typically ranges from ₹15,689 to ₹17,316 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 3 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 10+ salaries received from various employees of HDB Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDB Financial Services for Recovery Agent in India?

Bharat Financial Inclusion	₹1.9 Lakhs to ₹3.6 Lakhs per year
Bajaj Finance	₹1.0 Lakhs to ₹4.0 Lakhs per year

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

What is the salary of a Recovery Agent in companies similar to HDB Financial Services in India?

The salary of a Recovery Agent at companies similar to HDB Financial Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra Finance	₹1.5 Lakhs to ₹2.9 Lakhs per year
Hero FinCorp	₹1.5 Lakhs to ₹3.0 Lakhs per year
TVS Credit	₹2.0 Lakhs to ₹2.4 Lakhs per year
CreditAccess Grameen	₹1.5 Lakhs to ₹2.6 Lakhs per year
Tata Motors Finance	₹1.0 Lakhs to ₹2.6 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 Agent at HDB Financial Services in India?

The salary growth for a Recovery Agent at HDB Financial Services depends on factors such as experience, performance, and promotions. On average, a Recovery Agent can expect the following growth trajectory at HDB Financial Services:

Experience	Average Salary Range
1 year	₹1.5 Lakhs to ₹3.0 Lakhs per year
2 years	₹1.8 Lakhs to ₹3.0 Lakhs per year
3 years	₹1.8 Lakhs to ₹3.0 Lakhs per year

and so on.

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HDB Financial Services Recovery Agent Salaries

HDB Financial Services Recovery Agent salary in India ranges between ₹1.5 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 HDB Financial Services latest salaries received from various employees of HDB Financial Services.

HDB Financial Services Recovery Agent salaries in India

Companies similar to HDB Financial Services for Recovery Agent

Latest annual salaries shared by HDB Financial Services Recovery Agent

Experience wise HDB Financial Services Recovery Agent salaries

Similar Designation salaries in HDB Financial Services

Salary related reviews for HDB Financial Services

Sales Manager in Siwan

Senior Sales Officer in Kolkata

Senior Sales Officer in Palakkad

Sales Officer in Barpeta

Sales Manager in Jaipur

HDB Financial Services Recovery Agent Salary FAQs

Tell us how to improve this page.

HDB Financial Services Recovery Agent Salaries by Location