Home Credit Finance Recovery Officer Salaries by 9 Employees (Updated 2025)

1 - 6 years exp.

₹2 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

20% more than the average Recovery Officer Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Sales & Business Development Recovery Officer Salary 1 - 5 years exp. (4 salaries)	₹3.2 L/yr - ₹3.3 L/yr
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BFSI, Investments & Trading Recovery Officer Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.3 L/yr

Last Updated: 21 Feb 2025

Companies similar to Home Credit Finance for Recovery Officer

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Recovery Officer Salary 1 - 8 years exp. (108 salaries)	₹1.2 L/yr - ₹3.8 L/yr 18% less
Bajaj Finance Recovery Officer Salary 0 - 5 years exp. (40 salaries)	₹1.8 L/yr - ₹4.3 L/yr 19% less
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HDB Financial Services Recovery Officer Salary 0 - 8 years exp. (35 salaries)	₹1.4 L/yr - ₹4 L/yr 25% less
Mahindra Finance Recovery Officer Salary 0 - 8 years exp. (27 salaries)	₹1.8 L/yr - ₹3.8 L/yr 16% less
SMFG India Credit Recovery Officer Salary 0 - 9 years exp. (12 salaries)	₹2.8 L/yr - ₹4 L/yr 4% less
Arohan Financial Services Recovery Officer Salary 1 - 3 years exp. (6 salaries)	₹1.5 L/yr - ₹3.3 L/yr 22% less
Muthoot Finance Recovery Officer Salary 2 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹2.3 L/yr 36% less
Tata Motors Finance Recovery Officer Salary 3 - 6 years exp. (5 salaries)	₹1.7 L/yr - ₹3 L/yr 31% less
Mahindra Rural Housing Finance Recovery Officer Salary 5 - 7 years exp. (4 salaries)	₹2.2 L/yr - ₹3.5 L/yr 12% less
Satin Creditcare Network Recovery Officer Salary 0 - 5 years exp. (3 salaries)	₹2.3 L/yr - ₹3.5 L/yr 17% less
Manappuram Finance Recovery Officer Salary 4 - 13 years exp. (3 salaries)	₹2.2 L/yr - ₹4.8 L/yr 1% more
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Spandana Sphoorty Financial Recovery Officer Salary 0 - 3 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr 26% less
L&T Finance Recovery Officer Salary 2 - 6 years exp. (3 salaries)	₹2 L/yr - ₹2.2 L/yr 34% less
Tata Capital Recovery Officer Salary 0 - 1 year exp. (3 salaries)	₹1.5 L/yr - ₹7.3 L/yr 13% more

Recovery Officer salary at Home Credit Finance ranges between ₹2 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 9 latest salaries received from various employees of Home Credit Finance.

Experience wise Home Credit Finance Recovery Officer salaries

Last Updated: 21 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹6 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr
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3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹5.7 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.6 L/yr

View all

Similar Designation salaries in Home Credit Finance

Sales Officer Salary

(41 salaries)

₹1.5 L/yr - ₹3.8 L/yr

Collection Officer Salary

(45 salaries)

₹1.5 L/yr - ₹3.6 L/yr

Relationship Officer Salary

(3 salaries)

₹3 L/yr - ₹3.2 L/yr

Senior Sales Officer Salary

(13 salaries)

₹1.76 L/yr - ₹3.3 L/yr

Deputy Manager Salary

(4 salaries)

₹3 L/yr - ₹4.5 L/yr

Sales Manager Salary

(45 salaries)

₹1.8 L/yr - ₹6 L/yr

Branch Manager Salary

(3 salaries)

₹0.5 L/yr - ₹7 L/yr

Process Developer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Senior Analyst Salary

(56 salaries)

₹3.5 L/yr - ₹12.93 L/yr

Accountant Salary

(4 salaries)

₹2.05 L/yr - ₹9 L/yr

Salary related reviews for Home Credit Finance

4.7

Rated by 7 employees for salary & benefits

Senior Associate in Indore

Full Time

Risk Management & Compliance Department

4.0

• posted on 03 Oct 2023

3.0

for Salary and Benefits

Likes

I have worked in home credit more then 5 years,got a very good work place,very good all the people,had the corona crisis not happened may be still here all the time, over all it is a good time in home credit.

Skill development - Good

+4 more

Dislikes

Salary was not good I have worked more then 5 years but no any increment there

Team Lead in Bangalore / Bengaluru

Full Time

Risk management Department

5.0

• posted on 11 Sep 2018

5.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love that fact that I am a part of a team. Another plus point is that my colleagues come from various culture backgrounds, and we work happily in collaboration. I also like the employee re-hire policy here

Salary - Excellent

+6 more

Dislikes

Compensation is decent, and growth is fast. The work pressure is high. Sometimes, I have to work late night also. And our managers is giveing good values to employees and appreciations. I love to work here.

Senior Associate in Nagpur

Finance & Accounting Department

5.0

• posted on 28 Jan 2022

5.0

for Salary and Benefits

Likes

...onment and culture. Teammates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling company policies are good appraisals are fair and they give good salary hike every year

Salary - Excellent

+6 more

Dislikes

Senior Associate in Ranchi

Finance & Accounting Department

5.0

• posted on 05 Apr 2022

3.0

for Salary and Benefits

Likes

All over company was excellent but during the last period. I.e., 31st January 22 the decision of the company was not fair regarding the performer.

Skill development - Excellent

+4 more

Dislikes

Basic salary was not optimum & promotion was not relevant with time

Senior Associate in Nagpur

Consulting Department

5.0

• posted on 15 May 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture. The management is transparent. Good salary hike and bonus every year. Corona start for 2020 March 1 working for home company given salary. Company se join agen job I well do 100%

Salary - Excellent

+5 more

Dislikes

TL sir not sapoting he sapoting only he's close not given leave

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What people are saying about Home Credit Finance

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a technical project manager

PMP Certification

Hello Everyone, Need some guidance on PMP Certification. Firstly, If someone can guide me, is it beneficial to have this certification? Second, for the 35hours of PDU mandatory criteria for PMP. Can i do the Google Project Management: Professional Certificate. Is that Valid? Thanks In Advance!

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Home Credit Finance Recovery Officer Salary FAQs

What is the salary of Recovery Officer at Home Credit Finance ?

The average salary of a Recovery Officer at Home Credit Finance in India typically ranges from ₹2.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Recovery Officer at Home Credit Finance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Recovery Officer Salaries at Home Credit Finance 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 9 Home Credit Finance employees in India.

What is the estimated take home salary of a Recovery Officer at Home Credit Finance in India?

The estimated take-home salary of a Recovery Officer at Home Credit Finance in India typically ranges from ₹23,268 to ₹24,733 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 6 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 9 salaries received from various employees of Home Credit Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Home Credit Finance for Recovery Officer in India?

Tata Capital	₹1.5 Lakhs to ₹7.3 Lakhs per year
Manappuram Finance	₹2.2 Lakhs to ₹4.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Home Credit Finance, depending on the role and experience level.

What is the salary of a Recovery Officer in companies similar to Home Credit Finance in India?

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

SMFG India Credit	₹2.8 Lakhs to ₹4.0 Lakhs per year
Mahindra Rural Housing Finance	₹2.2 Lakhs to ₹3.5 Lakhs per year
Mahindra Finance	₹1.8 Lakhs to ₹3.8 Lakhs per year
Satin Creditcare Network	₹2.3 Lakhs to ₹3.5 Lakhs per year
Shriram Finance	₹1.2 Lakhs to ₹3.8 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 Home Credit Finance in India?

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

Experience	Average Salary Range
1 year	₹3.2 Lakhs to ₹6.0 Lakhs per year
2 years	₹3.0 Lakhs to ₹4.0 Lakhs per year
3 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
4 years	₹3.0 Lakhs to ₹5.8 Lakhs per year

and so on.

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Home Credit Finance Recovery Officer Salaries

Home Credit Finance Recovery Officer salary in India ranges between ₹2 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Home Credit Finance latest salaries received from various employees of Home Credit Finance.