HDB Financial Services Recovery Associate Salaries by 4 Employees (Updated 2024)

6 - 9 years exp.

₹2 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

12% less than the average Recovery Associate Salary in NBFC Companies for 6 - 9 years of experience

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Salaries in different departments

Finance & Accounting Recovery Associate Salary 9 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
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Risk Management & Compliance Recovery Associate Salary 7 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 29 Oct 2023

Companies similar to HDB Financial Services for Recovery Associate

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Recovery Associate Salary 3 - 7 years exp. (5 salaries)	₹2.6 L/yr - ₹3.1 L/yr 5% less
HDFC Bank Recovery Associate Salary 1 - 3 years exp. (3 salaries)	₹1.6 L/yr - ₹2.1 L/yr 40% less
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BT Global Services Recovery Associate Salary 2 - 9 years exp. (11 salaries)	₹3.7 L/yr - ₹6 L/yr 47% more
BT Group Recovery Associate Salary 0 - 7 years exp. (5 salaries)	₹2 L/yr - ₹4.8 L/yr 19% more
DCB Bank Recovery Associate Salary 4 - 10 years exp. (4 salaries)	₹3.1 L/yr - ₹4.9 L/yr 47% more

Recovery Associate salary at HDB Financial Services ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Recovery Associate salaries

Last Updated: 29 Oct 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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8 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
9 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

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Salary related reviews for HDB Financial Services

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

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 18 Jun 2024

4.0

for Salary and Benefits

Likes

They give you salary on time and infrastructure is good.

Dislikes

People are very rude .they will torture you until you left the company and manager are very unethical they don't know how to talk to their employees.

Sales Manager in Sangli

Full Time

Sales & Business Development Department

3.0

• posted on 30 Aug 2024

2.0

for Salary and Benefits

Likes

Growth is very fast

Dislikes

Salry is very low for SALES MANAGER as compare to other NBFC's Hardly holidays are available Some time need to work on sundays also without any single holiday which is very worst

Sales Executive in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 24 Oct 2023

1.0

for Salary and Benefits

Likes

HDB give us a opportunity to job and give us avarage salary pakage to make our life style good. And also Insentive structure is very good.

Dislikes

Their are lots of things I dislike of this company. They hold salary if you didn't achive your target. After 6 months your salary cutoff upto RS. 1000 which one is terrible. The work culture and pressure also not acceptable. And lots of things are very poor of this company.

Sales Manager in Bhagalpur

Full Time

Sales & Business Development Department

1.0

• posted on 13 Nov 2023

3.0

for Salary and Benefits

Likes

Salary structure of T.m and above is Good, But when we are talking about sso and SM is terrible.

Dislikes

When you are in HDB then Forget about personal life.Branch Open all day after arth in every month. Promotion is not Happen as per your Performance it's all depends on your relation with Boss.

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDB Financial Services Recovery Associate Salary FAQs

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

Recovery Associate salary at HDB Financial Services in India ranges between ₹2.0 Lakhs to ₹3.5 Lakhs for experience between 6 years to 9 years. According to our estimates it is 12% less than the average Recovery Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDB Financial Services India.

How does the salary of a Recovery Associate at HDB Financial Services India compare with the average salary range for this job?

The average salary of a Recovery Associate at HDB Financial Services is 12% less than the average salary of a Recovery Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDB Financial Services to a Recovery Associate in India?

BT Global Services Recovery Associate Salary - ₹3.7 Lakhs to ₹6.0 Lakhs per year
DCB Bank Recovery Associate Salary - ₹3.1 Lakhs to ₹4.9 Lakhs per year
BT Group Recovery Associate Salary - ₹2.0 Lakhs to ₹4.8 Lakhs per year

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

Kotak Mahindra Bank Recovery Associate Salary - ₹2.6 Lakhs to ₹3.1 Lakhs per year
HDFC Bank Recovery Associate Salary - ₹1.6 Lakhs to ₹2.1 Lakhs per year

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

The estimated take-home salary of a Recovery Associate at HDB Financial Services ranges between ₹21,498 per month to ₹23,139 per month in India. The take-home salary calculation is based on the average HDB Financial Services Recovery Associate salary in India which ranges between ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with experience between 6 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Recovery Associate at HDB Financial Services?

According to AmbitionBox, 100% of the HDB Financial Services Recovery Associates reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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HDB Financial Services Recovery Associate Salaries

HDB Financial Services Recovery Associate salary in India ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDB Financial Services latest salaries received from various employees of HDB Financial Services.