L&T Finance Recovery Manager Salaries by 2 Employees (Updated 2025)

1 - 7 years exp.

₹4.5 Lakhs - ₹5.8 Lakhs

Low Confidence

Salary of majority employees

Interested in this particular role?

Last Updated: 8 Oct 2024

Companies similar to L&T Finance for Recovery Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Recovery Manager Salary 1 - 8 years exp. (7 salaries)	₹3.5 L/yr - ₹6.2 L/yr 9% less
HDFC Bank Recovery Manager Salary 5 - 18 years exp. (17 salaries)	₹3.5 L/yr - ₹10.9 L/yr 39% more
Login to view exact salary
ICICI Bank Recovery Manager Salary 2 - 13 years exp. (5 salaries)	₹5.5 L/yr - ₹9 L/yr 39% more
Kotak Mahindra Bank Recovery Manager Salary 1 - 14 years exp. (25 salaries)	₹1.8 L/yr - ₹8.2 L/yr 11% less
Axis Bank Recovery Manager Salary 5 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹9 L/yr 3% less
Mahindra Finance Recovery Manager Salary 4 - 11 years exp. (5 salaries)	₹3.1 L/yr - ₹4.5 L/yr 24% less
Shriram Finance Recovery Manager Salary 4 - 14 years exp. (28 salaries)	₹2 L/yr - ₹6 L/yr 21% less
PNB Housing Finance Recovery Manager Salary 2 - 10 years exp. (10 salaries)	₹3 L/yr - ₹6 L/yr 1% less
SMFG India Credit Recovery Manager Salary 3 - 9 years exp. (10 salaries)	₹2.5 L/yr - ₹5 L/yr 22% less
HDB Financial Services Recovery Manager Salary 4 - 14 years exp. (7 salaries)	₹4.5 L/yr - ₹6.6 L/yr 10% more
Sammaan Capital Limited Recovery Manager Salary 5 - 11 years exp. (4 salaries)	₹4 L/yr - ₹4.5 L/yr 18% less
Login to view exact salary
Poonawalla Fincorp Recovery Manager Salary 12 - 30 years exp. (4 salaries)	₹5.7 L/yr - ₹9.3 L/yr 48% more
Manappuram Finance Recovery Manager Salary 8 - 23 years exp. (3 salaries)	₹3 L/yr - ₹7.5 L/yr 40% more
Kotak Mahindra Prime Recovery Manager Salary 4 - 6 years exp. (3 salaries)	₹3.6 L/yr - ₹4.3 L/yr 26% less
Mahindra Rural Housing Finance Recovery Manager Salary 2 - 6 years exp. (3 salaries)	₹1.7 L/yr - ₹2.4 L/yr 60% less

Recovery Manager salary at L&T Finance ranges between ₹4.5 Lakhs to ₹5.8 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 2 latest salaries received from various employees of L&T Finance.

Similar Designation salaries in L&T Finance

Cluster Manager Salary

(8 salaries)

₹4.2 L/yr - ₹8.1 L/yr

Deputy Manager Salary

(6 salaries)

₹4.5 L/yr - ₹9 L/yr

Debt Manager Salary

(AmbitionBox Estimate)

₹6.7 L/yr - ₹8.5 L/yr

Agency Manager Salary

(39 salaries)

₹3.3 L/yr - ₹8 L/yr

Area Manager Salary

(35 salaries)

₹4.9 L/yr - ₹14.82 L/yr

Branch Manager Salary

(223 salaries)

₹2.4 L/yr - ₹6 L/yr

Collections Manager Salary

(173 salaries)

₹2.4 L/yr - ₹9.36 L/yr

Relationship Manager Salary

(59 salaries)

₹2.4 L/yr - ₹12 L/yr

Area Collection Manager Salary

(175 salaries)

₹3.5 L/yr - ₹12 L/yr

Team Lead Salary

(51 salaries)

₹1.6 L/yr - ₹5.9 L/yr

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

Salary - Good

+1 more

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.

Job security - Bad

+4 more

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.

Salary - Bad

+6 more

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

Salary - Good

+1 more

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.

Job security - Poor

+1 more

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

Skill development - Excellent

+4 more

Dislikes

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

Salary - Bad

+1 more

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..

Skill development - Excellent

+1 more

Dislikes

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

Job security - Bad

+2 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about L&T Finance

View All

amangupta9965

works at

Tussle Digital Pvt Ltd

IT Quarterly Awards - Q1 FY'24

We, at L&T Finance, would like to extend our heartfelt gratitude to Mr. Ritesh Gaikwad, Mr. Vijay Shukla, Mr. Jaustan D'Souza, Ms. Heta Bhatt and entire LTFS Team for the recognition of our efforts and the honor of presenting us with the certificate of appreciation. Thank you once again for acknowledging our efforts. It is a privilege to serve you, and we look forward to continuing to exceed your expectations in the future.

Got a question about L&T Finance?

Ask anonymously on communities.

L&T Finance Recovery Manager Salary FAQs

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

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

Tell us how to improve this page.

Home >
Salaries >
L&T Finance Salaries >
L&T Finance Recovery Manager Salaries

L&T Finance Recovery Manager salary in India ranges between ₹4.5 Lakhs to ₹5.8 Lakhs. This is an estimate based on latest salaries received from employees of L&T Finance.