HDB Financial Services Recovery Manager Salaries by 7 Employees (Updated 2025)

4 - 14 years exp.

₹4.5 Lakhs - ₹6.6 Lakhs

Low Confidence

Salary of majority employees

5% more than the average Recovery Manager Salary in NBFC Companies for 4 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Recovery Manager Salary 7 - 11 years exp. (3 salaries)	₹4.5 L/yr - ₹6.5 L/yr
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Finance & Accounting Recovery Manager Salary 6 - 13 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹5.5 L/yr

Last Updated: 28 Jan 2025

Companies similar to HDB Financial Services for Recovery Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Recovery Manager Salary 1 - 8 years exp. (7 salaries)	₹3.5 L/yr - ₹6.2 L/yr 17% less
Kotak Mahindra Bank Recovery Manager Salary 1 - 14 years exp. (25 salaries)	₹1.8 L/yr - ₹8.2 L/yr 19% less
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HDFC Bank Recovery Manager Salary 5 - 18 years exp. (17 salaries)	₹3.5 L/yr - ₹13.5 L/yr 33% more
Axis Bank Recovery Manager Salary 5 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹9 L/yr 12% less
Sammaan Capital Limited Recovery Manager Salary 5 - 11 years exp. (4 salaries)	₹4 L/yr - ₹4.5 L/yr 26% less
Edelweiss Recovery Manager Salary 10 - 15 years exp. (3 salaries)	₹3 L/yr - ₹5.4 L/yr 19% less
Shriram Finance Recovery Manager Salary 4 - 14 years exp. (28 salaries)	₹2 L/yr - ₹6 L/yr 36% less
SMFG India Credit Recovery Manager Salary 3 - 9 years exp. (10 salaries)	₹2.5 L/yr - ₹5 L/yr 32% less
Mahindra Finance Recovery Manager Salary 4 - 11 years exp. (5 salaries)	₹3.1 L/yr - ₹4.5 L/yr 31% less
Shubham Housing Development Finance Recovery Manager Salary 7 - 10 years exp. (4 salaries)	₹3.5 L/yr - ₹4.8 L/yr 26% less
Hero FinCorp Recovery Manager Salary 4 - 6 years exp. (3 salaries)	₹0.7 L/yr - ₹6.8 L/yr 41% less
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Manappuram Finance Recovery Manager Salary 8 - 23 years exp. (3 salaries)	₹3 L/yr - ₹7.5 L/yr 27% more

Recovery Manager salary at HDB Financial Services ranges between ₹4.5 Lakhs to ₹6.6 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 7 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Recovery Manager salaries

Last Updated: 28 Jan 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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6 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.4 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.8 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
9 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
10 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6 L/yr
11 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr
12 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
13 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.1 L/yr
14 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.6 L/yr

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Salary related reviews for HDB Financial Services

5.0

Rated by 1 employees for salary & benefits

Collections Manager in New Delhi

Full Time

Finance & Accounting Department

1.0

• posted on 16 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

...ets and expectations. No proper alignment or policy of increment and promotions. They provide you way less compensation and expects to work all the days of month starting at 7 in the morning and ending at 10-11 at night (during the last days of month at times employee walks out of company at 2:00 or 3:00 in the morning).

Salary - Poor

+6 more

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.

Salary - Good

+1 more

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.

Skill development - Poor

+2 more

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.

Salary - Bad

+5 more

Collection Officer in Kolkata

Full Time

Finance & Accounting Department

4.0

• posted on 05 Sep 2023

4.0

for Salary and Benefits

Likes

Get salary on time HR and higher authorities are good! Some TL's are very bad they do partiality on data stamping but another hand some are too good now depends on luck under whome we will handover.

Salary - Good

+2 more

Dislikes

Some TL's are very disappointing. They do partiality in data stamping to Telle callers due this TC's don't get their full ar desering incentive.

Collection Officer in Kolkata

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 14 Aug 2023

4.0

for Salary and Benefits

Likes

Our hdb finance company is good .. not delay for salary on time credit in account or salary is good with incentive

Salary - Good

+1 more

Dislikes

Hdb's senior employee is very bad and do missbehave.... so I'm not satisfied from our Kolkata hdb senior employee like supervisor team manager .....

Work satisfaction - Poor

+1 more

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HDB Financial Services Recovery Manager Salary FAQs

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

Recovery Manager salary at HDB Financial Services in India ranges between ₹4.5 Lakhs to ₹6.6 Lakhs for experience between 4 years to 14 years. According to our estimates it is 5% more than the average Recovery Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of HDB Financial Services India.

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

The average salary of a Recovery Manager at HDB Financial Services is 5% more than the average salary of a Recovery Manager in India. To know exact salary insights, login to view.

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

HDFC Bank Recovery Manager Salary - ₹3.5 Lakhs to ₹13.5 Lakhs per year
Manappuram Finance Recovery Manager Salary - ₹3.0 Lakhs to ₹7.5 Lakhs per year

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

Axis Bank Recovery Manager Salary - ₹3.6 Lakhs to ₹9.0 Lakhs per year
Bajaj Finance Recovery Manager Salary - ₹3.5 Lakhs to ₹6.2 Lakhs per year
Kotak Mahindra Bank Recovery Manager Salary - ₹1.8 Lakhs to ₹8.2 Lakhs per year
Edelweiss Recovery Manager Salary - ₹3.0 Lakhs to ₹5.4 Lakhs per year
Shubham Housing Development Finance Recovery Manager Salary - ₹3.5 Lakhs to ₹4.8 Lakhs per year

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

The estimated take-home salary of a Recovery Manager at HDB Financial Services ranges between ₹42,968 per month to ₹44,089 per month in India. The take-home salary calculation is based on the average HDB Financial Services Recovery Manager salary in India which ranges between ₹4.5 Lakhs to ₹6.6 Lakhs per year for employees with experience between 4 years to 14 years. Check how did we calculate take home salary?

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

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

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HDB Financial Services Recovery Manager Salaries

HDB Financial Services Recovery Manager salary in India ranges between ₹4.5 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HDB Financial Services latest salaries received from various employees of HDB Financial Services.