HDB Financial Services Recovery Officer Salaries by 30+ Employees (Updated 2025)

0 - 8 years exp.

₹1.4 Lakh - ₹4 Lakhs

Salary of majority employees

11% less than the average Recovery Officer Salary in NBFC Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Recovery Officer Salary 0 - 6 years exp. (9 salaries)	₹1.6 L/yr - ₹4 L/yr
Finance & Accounting Recovery Officer Salary 5 - 8 years exp. (6 salaries)	₹2 L/yr - ₹4 L/yr
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Customer Success, Service & Operations Recovery Officer Salary Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
Human Resources Recovery Officer Salary 0 - 4 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr
Consulting Recovery Officer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹2.2 L/yr

Last Updated: 2 Mar 2025

Companies similar to HDB Financial Services for Recovery Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Recovery Officer Salary 0 - 5 years exp. (40 salaries)	₹1.8 L/yr - ₹4.3 L/yr 8% more
Tata Capital Recovery Officer Salary 0 - 1 year exp. (3 salaries)	₹1.5 L/yr - ₹7.3 L/yr 51% more
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ICICI Bank Recovery Officer Salary 0 - 8 years exp. (15 salaries)	₹1.5 L/yr - ₹3.4 L/yr 3% less
HDFC Bank Recovery Officer Salary 1 - 7 years exp. (33 salaries)	₹1.8 L/yr - ₹4.5 L/yr 20% more
Axis Bank Recovery Officer Salary 1 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹2.5 L/yr 1% more
Shriram Finance Recovery Officer Salary 1 - 8 years exp. (108 salaries)	₹1.2 L/yr - ₹3.8 L/yr 10% more
Mahindra Finance Recovery Officer Salary 0 - 8 years exp. (27 salaries)	₹1.8 L/yr - ₹3.8 L/yr 12% more
Kotak Mahindra Bank Recovery Officer Salary 0 - 5 years exp. (13 salaries)	₹1.7 L/yr - ₹2.7 L/yr 7% less
Shubham Housing Development Finance Recovery Officer Salary 1 - 7 years exp. (12 salaries)	₹2.9 L/yr - ₹4 L/yr 48% more
SMFG India Credit Recovery Officer Salary 0 - 9 years exp. (12 salaries)	₹2.8 L/yr - ₹4 L/yr 28% more
Home Credit Finance Recovery Officer Salary 1 - 6 years exp. (9 salaries)	₹2 L/yr - ₹4 L/yr 34% more
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Sammaan Capital Limited Recovery Officer Salary 1 - 5 years exp. (9 salaries)	₹2.3 L/yr - ₹3.3 L/yr 15% more
Muthoot Finance Recovery Officer Salary 2 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹2.3 L/yr 14% less
Tata Motors Finance Recovery Officer Salary 3 - 6 years exp. (5 salaries)	₹1.7 L/yr - ₹3 L/yr 7% less
Edelweiss Recovery Officer Salary 2 - 4 years exp. (4 salaries)	₹3 L/yr - ₹3.8 L/yr 34% more
Hero FinCorp Recovery Officer Salary 0 - 5 years exp. (4 salaries)	₹0.2 L/yr - ₹2.4 L/yr 33% less
Bajaj Housing Finance Recovery Officer Salary 1 - 3 years exp. (4 salaries)	₹2 L/yr - ₹3.2 L/yr 14% more
IIFL SAMASTA Recovery Officer Salary 0 - 1 year exp. (3 salaries)	₹2 L/yr - ₹6 L/yr 43% more
Satin Creditcare Network Recovery Officer Salary 0 - 5 years exp. (3 salaries)	₹2.3 L/yr - ₹3.5 L/yr 11% more
Manappuram Finance Recovery Officer Salary 4 - 13 years exp. (3 salaries)	₹2.2 L/yr - ₹4.8 L/yr 36% more

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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 8 years. Salary estimates are based on 35 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Recovery Officer salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
Fresher (5 salaries)	₹1.9 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.1 L/yr
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2 years (5 salaries)	₹1.5 L/yr - ₹2.5 L/yr
3 years (6 salaries)	₹1.4 L/yr - ₹3 L/yr
4 years (6 salaries)	₹1.4 L/yr - ₹4 L/yr
5 years (5 salaries)	₹2 L/yr - ₹3.1 L/yr
6 years (4 salaries)	₹2.3 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.5 L/yr

View all

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Salary related reviews for HDB Financial Services

4.5

Rated by 9 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

see more salary related reviews

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What people are saying about HDB Financial Services

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a credit manager

Rat Race 9 to 5 Really?

Bhai kon kehta he ki rate race me job 9 to 5 ki hoti he? Kabhi NBFC company me aake dekho..... Yaha job 9 to 9 ki hoti he!... Regards, A Credit Manager At Upper layer NBFC Company

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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 8 years. According to our estimates it is 11% less than the average Recovery Officer Salary in India. Salary estimates are based on 35 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 11% 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
Shubham Housing Development Finance Recovery Officer Salary - ₹2.9 Lakhs to ₹4.0 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

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
SMFG India Credit Recovery Officer Salary - ₹2.8 Lakhs to ₹4.0 Lakhs per year
HDFC Bank Recovery Officer Salary - ₹1.8 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

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 ₹16,683 per month to ₹18,396 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 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 48% of the HDB Financial Services Recovery Officers reported a notice period of 1 Month, 38% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 21 responses on AmbitionBox in last 2 years.

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HDB Financial Services Recovery Officer Salaries

HDB Financial Services Recovery Officer salary in India ranges between ₹1.4 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 35 HDB Financial Services latest salaries received from various employees of HDB Financial Services.

HDB Financial Services Recovery Officer salaries in India (Updated 2025)

Companies similar to HDB Financial Services for Recovery Officer

Latest annual salaries shared by HDB Financial Services Recovery Officer

Experience wise HDB Financial Services Recovery Officer 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 Officer Salary FAQs

Tell us how to improve this page.

HDB Financial Services Recovery Officer Salaries by Location