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HDB Financial Services

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4.0

based on 19.9k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HDB Financial Services Recovery Officer salaries in India

Annual salary range
0 - 6 years exp.
₹1.4 Lakh - ₹4 Lakhs
Salary of majority employees
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13% less than the average Recovery Officer Salary in NBFC Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Recovery Officer Salary
0 - 6 years exp. (9 salaries)
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₹1.6 L/yr - ₹4 L/yr

Finance & Accounting
Recovery Officer Salary
5 - 6 years exp. (5 salaries)
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₹2.3 L/yr - ₹4 L/yr

Customer Success, Service & Operations
Recovery Officer Salary
Fresher (AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

Human Resources
Recovery Officer Salary
0 - 4 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.3 L/yr

Consulting
Recovery Officer Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.9 L/yr

Last Updated: 12 Jan 2025

Companies similar to HDB Financial Services for Recovery Officer

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Recovery Officer Salary

0 - 5 years exp. (40 salaries)

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₹1.8 L/yr - ₹4.3 L/yr

arrow icon 11% more
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Tata Capital Recovery Officer Salary

0 - 1 year exp. (3 salaries)

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₹1.5 L/yr - ₹7.3 L/yr

arrow icon 55% more
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ICICI Bank Recovery Officer Salary

0 - 8 years exp. (15 salaries)

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₹1.5 L/yr - ₹3.4 L/yr

At par
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HDFC Bank Recovery Officer Salary

0 - 7 years exp. (33 salaries)

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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 21% more
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Axis Bank Recovery Officer Salary

1 - 4 years exp. (5 salaries)

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₹2.2 L/yr - ₹2.5 L/yr

arrow icon 2% more
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Shriram Finance Recovery Officer Salary

1 - 8 years exp. (107 salaries)

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₹1.2 L/yr - ₹3.8 L/yr

arrow icon 14% more
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Mahindra Finance Recovery Officer Salary

0 - 9 years exp. (28 salaries)

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₹1.8 L/yr - ₹3.6 L/yr

arrow icon 15% more
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Kotak Mahindra Bank Recovery Officer Salary

0 - 5 years exp. (13 salaries)

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₹1.7 L/yr - ₹2.7 L/yr

arrow icon 2% less
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SMFG India Credit Recovery Officer Salary

0 - 9 years exp. (12 salaries)

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₹2.8 L/yr - ₹4 L/yr

arrow icon 32% more
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₹2.3 L/yr - ₹3.3 L/yr

arrow icon 18% more
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Home Credit Finance Recovery Officer Salary

1 - 6 years exp. (8 salaries)

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₹2 L/yr - ₹4 L/yr

arrow icon 29% more
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Muthoot Finance Recovery Officer Salary

2 - 4 years exp. (5 salaries)

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₹1.5 L/yr - ₹2.3 L/yr

arrow icon 11% less
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Tata Motors Finance Recovery Officer Salary

3 - 6 years exp. (5 salaries)

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₹1.7 L/yr - ₹3 L/yr

arrow icon 5% less
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Edelweiss Recovery Officer Salary

2 - 4 years exp. (4 salaries)

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₹3 L/yr - ₹3.8 L/yr

arrow icon 38% more
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Hero FinCorp Recovery Officer Salary

0 - 5 years exp. (4 salaries)

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₹0.2 L/yr - ₹2.4 L/yr

arrow icon 31% less
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₹2 L/yr - ₹3.2 L/yr

arrow icon 17% more
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IIFL SAMASTA Recovery Officer Salary

0 - 2 years exp. (3 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 47% more
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₹2.3 L/yr - ₹3.5 L/yr

arrow icon 14% more
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Manappuram Finance Recovery Officer Salary

4 - 13 years exp. (3 salaries)

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₹2.2 L/yr - ₹4.8 L/yr

arrow icon 40% more
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L&T Finance Recovery Officer Salary

2 - 6 years exp. (3 salaries)

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₹2 L/yr - ₹2.2 L/yr

arrow icon 9% less
Recovery Officer salary at HDB Financial Services ranges between ₹1.4 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 34 latest salaries received from various employees of HDB Financial Services.

Latest annual salaries shared by HDB Financial Services Recovery Officer

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6 years exp.

Experience wise HDB Financial Services Recovery Officer salaries

Last Updated: 12 Jan 2025

Experience Avg Annual Salary
Fresher  (5 salaries)

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₹1.9 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)

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₹1.6 L/yr - ₹4.1 L/yr
2 years  (6 salaries)

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₹1.5 L/yr - ₹2.5 L/yr
3 years  (6 salaries)

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₹1.4 L/yr - ₹3 L/yr
4 years  (6 salaries)

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₹1.4 L/yr - ₹4 L/yr
View all

Similar Designation salaries in HDB Financial Services

Sales Officer Salary
(1.9k salaries)
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₹0.89 L/yr - ₹6.49 L/yr
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₹1 L/yr - ₹4.5 L/yr
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₹1.15 L/yr - ₹4.5 L/yr
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₹1 L/yr - ₹4.5 L/yr
Deputy Manager Salary
(111 salaries)
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₹3.25 L/yr - ₹11.64 L/yr
Sales Manager Salary
(1.1k salaries)
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₹1 L/yr - ₹6.5 L/yr
Branch Manager Salary
(310 salaries)
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₹4.7 L/yr - ₹15 L/yr
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₹1.6 L/yr - ₹3.25 L/yr
Senior Analyst Salary
(7 salaries)
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₹1.8 L/yr - ₹5.9 L/yr
Accountant Salary
(22 salaries)
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₹1.45 L/yr - ₹7 L/yr

Salary related reviews for HDB Financial Services

4.5

Rated by 10 employees for salary & benefits

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.

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  • Job security - Good

Dislikes

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

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  • Salary - Poor
    +3 more

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.

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Full Time

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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:

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  • 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.

read more

Full Time

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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

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  • Job security - Poor
    +1 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 29 Sep 2024

3.0
 for  Salary and Benefits

Likes

Working in Hdb is very good 😊 Easy Loans Quick Process Good Environment Good incentive And etc

Dislikes

...n pressure and customer don't pay emi you self fund on emi and pay customer emi. Where employee is 10k salary where he pay customer emi this thing is worst.Then senior Demanding Higher Targets Example - Your new joined and your 1st month Target is 10 lakh and you achieved target senior Demanding next month 20 lakh and your not achieved target senior denied you to take leave and 1st Saturday Sunday is off senior say doing work in market.Company Is continue doing work on Saturday Sunday all employees are frusted there is no social and life balance.There Is very office Politics.Where some employees doing nothing senior don't say anything there employees all target pending login pending and collection pending those employees Senior Don't say anything and some employee doing 1 loan in month and some do many more but who did more company demand more and who don't do more company don't want more.this is very big problem in this company.There is no Senior Support Who talk upper level senior for discussion some case.All thing Doing self Login to Disbursement .Customer Service Is very worst .

read more
  • Work-life balance - Poor
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HDB Financial Services Recovery Officer Salary FAQs

What is the salary of Recovery Officer at HDB Financial Services?
Recovery Officer salary at HDB Financial Services in India ranges between ₹1.4 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 13% less than the average Recovery Officer Salary in India. Salary estimates are based on 34 latest salaries received from various employees of HDB Financial Services India.
How does the salary of a Recovery Officer at HDB Financial Services India compare with the average salary range for this job?
The average salary of a Recovery Officer at HDB Financial Services is 13% less than the average salary of a Recovery Officer in India. To know exact salary insights, login to view.
Which similar companies are paying more than HDB Financial Services to a Recovery Officer in India?
  • Tata Capital Recovery Officer Salary - ₹1.5 Lakhs to ₹7.3 Lakhs per year
  • IIFL SAMASTA Recovery Officer Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
  • Manappuram Finance Recovery Officer Salary - ₹2.2 Lakhs to ₹4.8 Lakhs per year
  • Edelweiss Recovery Officer Salary - ₹3.0 Lakhs to ₹3.8 Lakhs per year
  • SMFG India Credit Recovery Officer Salary - ₹2.8 Lakhs to ₹4.0 Lakhs per year
What is the salary of a Recovery Officer in companies similar to HDB Financial Services in India?
  • Home Credit Finance Recovery Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
  • HDFC Bank Recovery Officer Salary - ₹1.2 Lakhs to ₹4.5 Lakhs per year
  • Sammaan Capital Limited Recovery Officer Salary - ₹2.3 Lakhs to ₹3.3 Lakhs per year
  • Bajaj Housing Finance Recovery Officer Salary - ₹2.0 Lakhs to ₹3.2 Lakhs per year
  • Mahindra Finance Recovery Officer Salary - ₹1.8 Lakhs to ₹3.6 Lakhs per year
What is the estimated take home salary of a Recovery Officer at HDB Financial Services in India?
The estimated take-home salary of a Recovery Officer at HDB Financial Services ranges between ₹16,225 per month to ₹17,899 per month in India. The take-home salary calculation is based on the average HDB Financial Services Recovery Officer salary in India which ranges between ₹1.4 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Recovery Officer at HDB Financial Services?
According to AmbitionBox, 45% of the HDB Financial Services Recovery Officers reported a notice period of 1 Month, 37% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDB Financial Services Recovery Officer salary in India ranges between ₹1.4 Lakh to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 34 HDB Financial Services latest salaries received from various employees of HDB Financial Services.