Home Credit Finance Recovery Officer Salaries by 8 Employees (Updated 2024)

1 - 6 years exp.

₹2 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

14% 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 - 4 years exp. (3 salaries)	₹2.2 L/yr - ₹3.2 L/yr
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BFSI, Investments & Trading Recovery Officer Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.7 L/yr

Last Updated: 11 Nov 2024

Companies similar to Home Credit Finance for Recovery Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Recovery Officer Salary 0 - 6 years exp. (43 salaries)	₹1.8 L/yr - ₹4.3 L/yr 16% less
HDFC Bank Recovery Officer Salary 0 - 7 years exp. (34 salaries)	₹1.2 L/yr - ₹4.5 L/yr 6% less
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ICICI Bank Recovery Officer Salary 1 - 8 years exp. (14 salaries)	₹1.5 L/yr - ₹3.4 L/yr 22% less
Tata Capital Recovery Officer Salary 0 - 1 year exp. (3 salaries)	₹1.5 L/yr - ₹7.3 L/yr 19% more
IDFC FIRST Bank Recovery Officer Salary 1 - 4 years exp. (8 salaries)	₹2 L/yr - ₹3 L/yr 22% less
Mahindra Finance Recovery Officer Salary 0 - 9 years exp. (29 salaries)	₹1.8 L/yr - ₹3.2 L/yr 16% less
L&T Finance Recovery Officer Salary 2 - 6 years exp. (3 salaries)	₹2 L/yr - ₹2.2 L/yr 30% less
Shriram Finance Recovery Officer Salary 1 - 8 years exp. (103 salaries)	₹1.3 L/yr - ₹3.8 L/yr 15% less
HDB Financial Services Recovery Officer Salary 0 - 6 years exp. (34 salaries)	₹1.4 L/yr - ₹3.1 L/yr 25% less
SMFG India Credit Recovery Officer Salary 0 - 9 years exp. (12 salaries)	₹2.8 L/yr - ₹4 L/yr 1% more
Arohan Financial Services Recovery Officer Salary 1 - 2 years exp. (6 salaries)	₹1.5 L/yr - ₹3.3 L/yr 18% less
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Muthoot Finance Recovery Officer Salary 2 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹2.3 L/yr 32% less
Tata Motors Finance Recovery Officer Salary 3 - 6 years exp. (5 salaries)	₹1.7 L/yr - ₹3 L/yr 27% less
Mahindra Rural Housing Finance Recovery Officer Salary 5 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹3.5 L/yr 7% less
IIFL Finance Recovery Officer Salary 1 - 11 years exp. (3 salaries)	₹2 L/yr - ₹4.5 L/yr 9% more
Satin Creditcare Network Recovery Officer Salary 0 - 5 years exp. (3 salaries)	₹2.3 L/yr - ₹3.5 L/yr 12% less
Manappuram Finance Recovery Officer Salary 4 - 13 years exp. (3 salaries)	₹2.2 L/yr - ₹4.8 L/yr 7% 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 8 latest salaries received from various employees of Home Credit Finance.

Experience wise Home Credit Finance Recovery Officer salaries

Last Updated: 11 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹6.8 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)	₹1.2 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.2 L/yr

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Similar Designation salaries in Home Credit Finance

Sales Officer Salary

(43 salaries)

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Collection Officer Salary

(47 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 - ₹4.2 L/yr

Sales Manager Salary

(65 salaries)

₹1.5 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

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₹3.25 L/yr - ₹11.09 L/yr

Accountant Salary

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₹2.05 L/yr - ₹9 L/yr

Salary related reviews for Home Credit Finance

4.8

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.

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

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

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.

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%

Dislikes

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

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Home Credit Finance Recovery Officer Salary FAQs

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

Recovery Officer salary at Home Credit Finance in India ranges between ₹2.0 Lakhs to ₹4.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 14% more than the average Recovery Officer Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Home Credit Finance India.

How does the salary of a Recovery Officer at Home Credit Finance India compare with the average salary range for this job?

The average salary of a Recovery Officer at Home Credit Finance is 14% more 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 Home Credit Finance to a Recovery Officer in India?

Tata Capital Recovery Officer Salary - ₹1.5 Lakhs to ₹7.3 Lakhs per year
IIFL Finance Recovery Officer Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
Manappuram Finance Recovery Officer Salary - ₹2.2 Lakhs to ₹4.8 Lakhs per year
SMFG India Credit Recovery Officer Salary - ₹2.8 Lakhs to ₹4.0 Lakhs per year

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

HDFC Bank Recovery Officer Salary - ₹1.2 Lakhs to ₹4.5 Lakhs per year
Mahindra Rural Housing Finance Recovery Officer Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year
Satin Creditcare Network Recovery Officer Salary - ₹2.3 Lakhs to ₹3.5 Lakhs per year
Shriram Finance Recovery Officer Salary - ₹1.3 Lakhs to ₹3.8 Lakhs per year
Mahindra Finance Recovery Officer Salary - ₹1.8 Lakhs to ₹3.2 Lakhs per year

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 ranges between ₹21,871 per month to ₹23,357 per month in India. The take-home salary calculation is based on the average Home Credit Finance Recovery Officer salary in India which ranges between ₹2.0 Lakhs to ₹4.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Recovery Officer at Home Credit Finance?

According to AmbitionBox, 71% of the Home Credit Finance Recovery Officers reported a notice period of 15 days or less, 29% reported a notice period of More than 3 months.This is based on 7 responses on AmbitionBox in last 2 years.

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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 8 Home Credit Finance latest salaries received from various employees of Home Credit Finance.