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HDFC Bank Recovery Manager salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
6 - 15 years exp.
₹5.5 Lakhs - ₹7.5 Lakhs
Salary of majority employees
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At par with the average Recovery Manager Salary in Banking Companies for 6 - 15 years of experience

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Salaries in different departments

Risk Management & Compliance
Recovery Manager Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹9.6 L/yr

BFSI, Investments & Trading
Recovery Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹5.5 L/yr - ₹9.3 L/yr

Last Updated: 8 Feb 2025

Companies similar to HDFC Bank for Recovery Manager in Bangalore / Bengaluru

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HDFC Bank Recovery Manager Salary

6 - 15 years exp. (5 salaries)

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₹5.5 L/yr - ₹7.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IDFC FIRST Bank Recovery Manager Salary

7 - 9 years exp. (3 salaries)

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₹7.3 L/yr - ₹8.4 L/yr

arrow icon 8% more
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₹3.8 L/yr - ₹10 L/yr

arrow icon 23% less
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MediaKind Recovery Manager Salary

13 - 18 years exp. (4 salaries)

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₹18.6 L/yr - ₹22.3 L/yr

arrow icon 178% more
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IBM Recovery Manager Salary

8 - 11 years exp. (3 salaries)

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₹5.9 L/yr - ₹7.5 L/yr

arrow icon 13% less
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Can Fin Homes Recovery Manager Salary

5 - 8 years exp. (3 salaries)

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₹14 L/yr - ₹14.5 L/yr

arrow icon 92% more
Recovery Manager salary at HDFC Bank ranges between ₹5.5 Lakhs to ₹7.5 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Recovery Manager in Bangalore / Bengaluru

1mo ago
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7 years exp.
5mo ago
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6 years exp.
7mo ago
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7 years exp.
1y ago
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15 years exp.

Experience wise HDFC Bank Recovery Manager salaries in Bangalore / Bengaluru

Last Updated: 8 Feb 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹11.1 L/yr
7 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹7.5 L/yr
8 years (AmbitionBox Estimate)

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₹6 L/yr - ₹7.6 L/yr
9 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹7.9 L/yr
10 years (AmbitionBox Estimate)

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₹6.4 L/yr - ₹8.2 L/yr
View all

Similar Designation salaries in HDFC Bank

Deputy Manager Salary
(1.5k salaries)
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₹2.3 L/yr - ₹10 L/yr
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₹2.24 L/yr - ₹12.41 L/yr
Branch Manager Salary
(163 salaries)
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₹7.38 L/yr - ₹28.05 L/yr
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₹4 L/yr - ₹11 L/yr
Area Manager Salary
(6 salaries)
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₹5.31 L/yr - ₹21 L/yr
Debt Manager Salary
(5 salaries)
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₹3.5 L/yr - ₹8 L/yr

Top skills at HDFC Bank for Recovery Manager

Collections DRT Recovery Management Npa Management Recovery Debt Recovery Criminal Legal Drafting Criminal Cases Banking Recovery Matters

Salary related reviews for HDFC Bank

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 09 Feb 2025

2.0
 for  Salary and Benefits

Likes

1.Good brand value in market. 2.Variety of products.

  • Skill development - Good
  • +1 more

Dislikes

1. They demands multiple products to sell at same time. 2. Senior managers are taking very high salary with less productive and ideas and they just do 2-3 hrs concall with staffs every day. 3. Unwanted pressure on so many things.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 06 Feb 2025

5.0
 for  Salary and Benefits

Likes

strong brand reputation, dynamic work environment, excellent learning and development opportunities, supportive culture, focus on customer service, good career growth prospects, competitive compensation, and the ability to develop strong sales and financial management skills

read more
  • Salary - Excellent
  • +6 more

Dislikes

SALARY ISSUE

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 27 Jan 2025

5.0
 for  Salary and Benefits

Likes

good learning and development opportunities, strong reputation in the banking industry, competitive salary and incentives, job security, and a culture that encourages professional growth

read more
  • Salary - Excellent
  • +6 more

Dislikes

intense work pressure, poor work-life balance, long working hours, excessive sales targets, lack of career progression, inconsistent management practices, and a sometimes toxic work culture;

read more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 04 Dec 2024

4.0
 for  Salary and Benefits

Likes

All are good job security, work life balance, Job satisfaction, Skills and knowledge development, these are all is good

  • Salary - Good
  • +6 more

Dislikes

Salary is not good. This company is a few things restricted to incentive and bonus and employee service not good. I am not satisfaction. These are all not good

read more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 09 Oct 2024

2.0
 for  Salary and Benefits

Likes

Salary comes on time.

Dislikes

There is no one in the bank to explain And the ones that are old, new people treat them differently, & Timing is a big issue, like coming to the bank is on time but leaving is not fixed And there is a lot more to write but it cannot be completed in one line

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

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HDFC Bank Recovery Manager Salary FAQs

What is the salary of Recovery Manager at HDFC Bank in Bangalore / Bengaluru?
The average salary of a Recovery Manager at HDFC Bank in Bangalore / Bengaluru typically ranges from ₹5.5 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Recovery Manager in Bangalore / Bengaluru at HDFC Bank earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Recovery Manager Salaries at HDFC Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 HDFC Bank employees in India.
What is the estimated take home salary of a Recovery Manager at HDFC Bank in Bangalore / Bengaluru?
The estimated take-home salary of a Recovery Manager at HDFC Bank in Bangalore / Bengaluru typically ranges from ₹55,610 to ₹57,002 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 6 years to 15 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of HDFC Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Recovery Manager at HDFC Bank in Bangalore / Bengaluru?
To be a Recovery Manager at HDFC Bank in Bangalore / Bengaluru, the key skills required include:

  • - Collections
  • - DRT
  • - Recovery Management
  • - Npa Management
  • - Recovery

These skills are highly valued at HDFC Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HDFC Bank for Recovery Manager in India?
MediaKind ₹18.6 Lakhs to ₹22.3 Lakhs per year
Can Fin Homes ₹14.0 Lakhs to ₹14.5 Lakhs per year
IDFC FIRST Bank ₹7.3 Lakhs to ₹8.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Bank, depending on the role and experience level.
What is the salary of a Recovery Manager in companies similar to HDFC Bank in Bangalore / Bengaluru?
The salary of a Recovery Manager at companies similar to HDFC Bank in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IBM ₹5.9 Lakhs to ₹7.5 Lakhs per year
Equitas Small Finance Bank ₹3.8 Lakhs to ₹10.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Recovery Manager at HDFC Bank in Bangalore / Bengaluru?
The salary growth for a Recovery Manager at HDFC Bank in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Recovery Manager in Bangalore / Bengaluru can expect the following growth trajectory at HDFC Bank:

Experience Average Salary Range
6 years ₹5.5 Lakhs to ₹11.1 Lakhs per year
7 years ₹2.6 Lakhs to ₹7.5 Lakhs per year
8 years ₹6.0 Lakhs to ₹7.6 Lakhs per year
9 years ₹6.2 Lakhs to ₹7.9 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Bank Recovery Manager salary in Bangalore / Bengaluru ranges between ₹5.5 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 HDFC Bank latest salaries received from various employees of HDFC Bank.