HDFC Bank Recovery Officer Salaries by 30+ Employees (Updated 2025)

1 - 7 years exp.

₹1.8 Lakh - ₹4.5 Lakhs

Salary of majority employees

10% more than the average Recovery Officer Salary in Banking Companies for 1 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations Recovery Officer Salary 1 - 7 years exp. (7 salaries)	₹1.8 L/yr - ₹3.5 L/yr
BFSI, Investments & Trading Recovery Officer Salary 2 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4.5 L/yr
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Finance & Accounting Recovery Officer Salary 2 - 4 years exp. (3 salaries)	₹2.9 L/yr - ₹3.3 L/yr
Risk Management & Compliance Recovery Officer Salary 2 - 6 years exp. (3 salaries)	₹2.3 L/yr - ₹4 L/yr

Last Updated: 19 Feb 2025

Companies similar to HDFC Bank for Recovery Officer

Company name	Avg Annual Salary	Open Jobs
Jana Small Finance Bank Recovery Officer Salary 1 - 6 years exp. (38 salaries)	₹1.5 L/yr - ₹2.9 L/yr 25% less
ICICI Bank Recovery Officer Salary 0 - 8 years exp. (15 salaries)	₹1.5 L/yr - ₹3.4 L/yr 21% less
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Bandhan Bank Recovery Officer Salary 0 - 5 years exp. (12 salaries)	₹1.4 L/yr - ₹3 L/yr 21% less
Kotak Mahindra Bank Recovery Officer Salary 0 - 5 years exp. (13 salaries)	₹1.7 L/yr - ₹2.7 L/yr 25% less
IDFC FIRST Bank Recovery Officer Salary 1 - 4 years exp. (6 salaries)	₹2 L/yr - ₹3 L/yr 17% less
IndusInd Bank Recovery Officer Salary 1 - 3 years exp. (5 salaries)	₹1.8 L/yr - ₹2.5 L/yr 30% less
Ujjivan Small Finance Bank Recovery Officer Salary 2 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹3 L/yr 8% less
Axis Bank Recovery Officer Salary 1 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹2.5 L/yr 18% less
RBL Bank Recovery Officer Salary 2 - 13 years exp. (4 salaries)	₹0.4 L/yr - ₹5.8 L/yr 6% less
Punjab National Bank Recovery Officer Salary 3 - 11 years exp. (4 salaries)	₹1.6 L/yr - ₹5 L/yr 23% more
IDBI Bank Recovery Officer Salary 10 - 14 years exp. (3 salaries)	₹14 L/yr - ₹19 L/yr 489% more
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Central Bank of India Recovery Officer Salary 1 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹5 L/yr 31% more
Mashreq Bank Recovery Officer Salary 3 - 5 years exp. (3 salaries)	₹5 L/yr - ₹6.1 L/yr 92% more
Karur Vysya Bank Recovery Officer Salary 5 - 13 years exp. (4 salaries)	₹5 L/yr - ₹9.4 L/yr 131% more

Recovery Officer salary at HDFC Bank ranges between ₹1.8 Lakh to ₹4.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 33 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Recovery Officer salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
1 year (5 salaries)	₹1.8 L/yr - ₹5.1 L/yr
2 years (9 salaries)	₹2 L/yr - ₹3.5 L/yr
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3 years (6 salaries)	₹2 L/yr - ₹3.5 L/yr
4 years (3 salaries)	₹2.9 L/yr - ₹3.5 L/yr
5 years (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr
6 years (3 salaries)	₹2 L/yr - ₹3.1 L/yr
7 years (3 salaries)	₹2.5 L/yr - ₹5.6 L/yr

View all

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Top skills at HDFC Bank for Recovery Officer

Collections Recovery Management Npa Management Recovery

Salary related reviews for HDFC Bank

4.6

Rated by 12 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 25 Mar 2025

2.0

for Salary and Benefits

Likes

Don't have anything to like here

Dislikes

No Work life balance here No opportunity for skill development. No proper salary hike If you and family suffering from anything and u not providing proper productivity due any issue then don't have job security.

Salary - Poor

+5 more

Relationship Officer in Gangtok

Full Time

Finance & Accounting Department

1.0

• posted on 16 Feb 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...working in this company for last 6 years but I have never seen any growth on it. Not in my position nor in my salary . So that I m looking another job. Some time I also fill like that why had I spend my 6 year because here is no any Skill development.

Salary - Bad

+6 more

Deputy Manager in Guwahati (working remotely)

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.

Salary - Poor

+1 more

Sales Manager in Aurangabad

Full Time

Sales & Business Development Department

4.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Product, customer trust on bank and it's help you to work in bank , office collogue help for you work time , internal job switch option available and job security only on your performance.

Job security - Good

+1 more

Dislikes

As per work not provide the salary and time to time change the product and sales targets , with out intimation and taken consent the role and work , promotion not depends on you it's totally depends on the supervisor and higher supervisor if they want to give you pramotion for not.

Salary - Poor

+1 more

Sales Executive in Jabalpur (working remotely)

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

Salary - Excellent

+6 more

Dislikes

SALARY ISSUE

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDFC Bank Recovery Officer Salary FAQs

What is the salary of Recovery Officer at HDFC Bank ?

The average salary of a Recovery Officer at HDFC Bank in India typically ranges from ₹1.8 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Recovery Officer at HDFC Bank earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Recovery Officer 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 30+ HDFC Bank employees in India.

What is the estimated take home salary of a Recovery Officer at HDFC Bank in India?

The estimated take-home salary of a Recovery Officer at HDFC Bank in India typically ranges from ₹21,186 to ₹22,832 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year to 7 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 30+ 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 Officer at HDFC Bank ?

To be a Recovery Officer at HDFC Bank in india, the key skills required include:

- Collections
- 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 Officer in India?

IDBI Bank	₹14.0 Lakhs to ₹19.0 Lakhs per year
Karur Vysya Bank	₹5.0 Lakhs to ₹9.4 Lakhs per year
Mashreq Bank	₹5.0 Lakhs to ₹6.1 Lakhs per year
Central Bank of India	₹2.4 Lakhs to ₹5.0 Lakhs per year
Punjab National Bank	₹1.6 Lakhs to ₹5.0 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 Officer in companies similar to HDFC Bank in India?

The salary of a Recovery Officer at companies similar to HDFC Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

RBL Bank	₹0.4 Lakhs to ₹5.8 Lakhs per year
Ujjivan Small Finance Bank	₹2.2 Lakhs to ₹3.0 Lakhs per year
IDFC FIRST Bank	₹2.0 Lakhs to ₹3.0 Lakhs per year
Axis Bank	₹2.2 Lakhs to ₹2.5 Lakhs per year
Bandhan Bank	₹1.4 Lakhs to ₹3.0 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 Officer at HDFC Bank in India?

The salary growth for a Recovery Officer at HDFC Bank depends on factors such as experience, performance, and promotions. On average, a Recovery Officer can expect the following growth trajectory at HDFC Bank:

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹5.1 Lakhs per year
2 years	₹2.0 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.0 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.9 Lakhs to ₹3.5 Lakhs per year

and so on.

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HDFC Bank Recovery Officer Salaries

HDFC Bank Recovery Officer salary in India ranges between ₹1.8 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 33 HDFC Bank latest salaries received from various employees of HDFC Bank.