L&T Finance Area Recovery Manager Salaries by Employees (Updated 2025)

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₹9.7 Lakhs - ₹12.4 Lakhs

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Last Updated: 17 Sep 2023

Companies similar to L&T Finance for Area Recovery Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Area Recovery Manager Salary 12 - 17 years exp. (4 salaries)	₹8.5 L/yr - ₹13 L/yr 1% less
HDFC Bank Area Recovery Manager Salary 6 - 18 years exp. (3 salaries)	₹6.5 L/yr - ₹9 L/yr 27% less
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Kotak Mahindra Bank Area Recovery Manager Salary 11 - 23 years exp. (4 salaries)	₹9 L/yr - ₹17 L/yr 24% more
Muthoot Fincorp Area Recovery Manager Salary 5 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹4.3 L/yr 62% less
PNB Housing Finance Area Recovery Manager Salary 11 - 13 years exp. (4 salaries)	₹8 L/yr - ₹15 L/yr 17% less

Area Recovery Manager salary at L&T Finance ranges between ₹9.7 Lakhs to ₹12.4 Lakhs per year for employees with 17 years of experience. Salary estimates are based on 1 latest salaries received from various employees of L&T Finance.

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Salary related reviews for L&T Finance

Branch Manager in Madhubani

Full Time

Finance & Accounting Department

2.0

• posted on 01 Dec 2024

4.0

for Salary and Benefits

Likes

Salary credit on time in any condition

Dislikes

Leave Policy.if the senior wishes,he will make him work for 30 days in a month's.There is no Hr Policy.secondly even if you are eligible for prmotion,if your senior does not wants it then will not get promotion,and if your senior wants it but is not eligible then he will also get promotion.There is no Hr Policy at all.

Branch Manager in Kochi

Full Time

Other Department

1.0

• posted on 01 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing here to be liked

Dislikes

...ated people to save their job. If you complaints, you will be their next target. Mandatory yearly bonus is a part of your salary. Actually its not given. Always cutting your incentives.

Branch Manager in Kusheshwar Asthan

Full Time

Sales & Business Development Department

4.0

• posted on 06 Aug 2024

4.0

for Salary and Benefits

Likes

When I was working in L&T finance I was feeling very good, I got promotion and salary benefits

Dislikes

I am telling you what happened to me, low level bosses make us work as per their wish, why is it not wrong, on small matters they tell us to resign.

Collection Officer in Jabalpur

Full Time

Finance & Accounting Department

4.0

• posted on 05 Mar 2023

1.0

for Salary and Benefits

Likes

L and me Collection officer ki job me salary bhut kam hai traget pura karne k baad bhi incentive nahi aata loan dena bhi band kar diya

Dislikes

Work theek salary bhut jyda kam h jesa naam hai wesi bilkul nahi hai

Collection Officer in Kolkata

Full Time

Finance & Accounting Department

5.0

• posted on 02 Dec 2021

3.0

for Salary and Benefits

Likes

Very bad work environment.Teammates are supportive but management are not support any time.company appraisal is very very bad.no good salary & no bonus..

Dislikes

Career growth is very slow..actually lot of politics..no increments &no salary increase

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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L&T Finance Area Recovery Manager Salary FAQs

What is the notice period for Area Recovery Manager at L&T Finance?

According to AmbitionBox, 100% of the L&T Finance Area Recovery Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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L&T Finance Area Recovery Manager Salaries

L&T Finance Area Recovery Manager salary in India ranges between ₹9.7 Lakhs to ₹12.4 Lakhs. This is an estimate based on latest salaries received from employees of L&T Finance.