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HDB Financial Services

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4.0

based on 19.4k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HDB Financial Services Recovery Officer salaries in Hyderabad / Secunderabad

Annual salary range
2 - 6 years exp.
₹2 Lakhs - ₹3.1 Lakhs
Salary of majority employees
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5% less than the average Recovery Officer Salary in NBFC Companies for 2 - 6 years of experience

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Salaries in different departments

Finance & Accounting
Recovery Officer Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹3.1 L/yr

BFSI, Investments & Trading
Recovery Officer Salary
4 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.7 L/yr

Last Updated: 28 Dec 2023

Companies similar to HDB Financial Services for Recovery Officer in Hyderabad / Secunderabad

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HDB Financial Services Recovery Officer Salary

2 - 6 years exp. (5 salaries)

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₹2 L/yr - ₹3.1 L/yr

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

3 - 4 years exp. (3 salaries)

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₹2.5 L/yr - ₹4.3 L/yr

arrow icon 20% more
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Mahindra Finance Recovery Officer Salary

3 - 5 years exp. (3 salaries)

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₹2.3 L/yr - ₹2.4 L/yr

arrow icon 6% less
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Shriram Finance Recovery Officer Salary

1 - 5 years exp. (3 salaries)

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₹1.8 L/yr - ₹3 L/yr

arrow icon 4% less
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Margadarsi Chit Fund Recovery Officer Salary

2 - 6 years exp. (5 salaries)

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₹2 L/yr - ₹2.8 L/yr

arrow icon 5% less
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Bajaj Finserv Recovery Officer Salary

1 - 4 years exp. (3 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 19% more
Recovery Officer salary at HDB Financial Services ranges between ₹2 Lakhs to ₹3.1 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of HDB Financial Services.

Latest annual salaries shared by HDB Financial Services Recovery Officer in Hyderabad / Secunderabad

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5 years exp.
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6 years exp.
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2 years exp.
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5 years exp.

Experience wise HDB Financial Services Recovery Officer salaries in Hyderabad / Secunderabad

Last Updated: 28 Dec 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)

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₹1 L/yr - ₹2.7 L/yr
5 years (AmbitionBox Estimate)

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₹1 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)

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₹2 L/yr - ₹4.5 L/yr

Similar Designation salaries in HDB Financial Services

Sales Officer Salary
(145 salaries)
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₹1 L/yr - ₹4.8 L/yr
Sales Manager Salary
(124 salaries)
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₹1.8 L/yr - ₹5.5 L/yr
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₹1.15 L/yr - ₹4.5 L/yr
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₹1.3 L/yr - ₹4.5 L/yr
Branch Manager Salary
(37 salaries)
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₹3.9 L/yr - ₹14.3 L/yr
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₹1.05 L/yr - ₹3 L/yr
Deputy Manager Salary
(9 salaries)
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₹3.8 L/yr - ₹8 L/yr
Accountant Salary
(3 salaries)
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₹2.83 L/yr - ₹3.6 L/yr

Salary related reviews for HDB Financial Services

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.

read more

Dislikes

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

read 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

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.

read more

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:

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Dislikes

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

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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

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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 .

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HDB Financial Services Recovery Officer Salary FAQs

What is the salary of Recovery Officer at HDB Financial Services Hyderabad / Secunderabad?
Recovery Officer salary at HDB Financial Services in Hyderabad / Secunderabad ranges between ₹2.0 Lakhs to ₹3.1 Lakhs for experience between 2 years to 6 years. According to our estimates it is 5% less than the average Recovery Officer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HDB Financial Services Hyderabad / Secunderabad.
How does the salary of a Recovery Officer at HDB Financial Services Hyderabad / Secunderabad compare with the average salary range for this job?
The average salary of a Recovery Officer at HDB Financial Services is 5% less than the average salary of a Recovery Officer in Hyderabad / Secunderabad. To know exact salary insights, login to view.
Which similar companies are paying more than HDB Financial Services to a Recovery Officer in Hyderabad / Secunderabad?
  • Bajaj Finance Recovery Officer Salary - ₹2.5 Lakhs to ₹4.3 Lakhs per year
  • Bajaj Finserv Recovery Officer Salary - ₹1.8 Lakhs to ₹3.5 Lakhs per year
What is the salary of a Recovery Officer in companies similar to HDB Financial Services in Hyderabad / Secunderabad?
  • Shriram Finance Recovery Officer Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
  • Margadarsi Chit Fund Recovery Officer Salary - ₹2.0 Lakhs to ₹2.8 Lakhs per year
  • Mahindra Finance Recovery Officer Salary - ₹2.3 Lakhs to ₹2.4 Lakhs per year
What is the estimated take home salary of a Recovery Officer at HDB Financial Services in Hyderabad / Secunderabad?
The estimated take-home salary of a Recovery Officer at HDB Financial Services ranges between ₹17,267 per month to ₹18,971 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average HDB Financial Services Recovery Officer salary in India which ranges between ₹2.0 Lakhs to ₹3.1 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Recovery Officer at HDB Financial Services in Hyderabad / Secunderabad?
According to AmbitionBox, 50% of the HDB Financial Services Recovery Officers in Hyderabad / Secunderabad reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDB Financial Services Recovery Officer salary in Hyderabad / Secunderabad ranges between ₹2 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 HDB Financial Services latest salaries received from various employees of HDB Financial Services.