L&T Finance Recovery Officer Salaries by 3 Employees

2 - 6 years exp.

₹2 Lakhs - ₹2.2 Lakhs

Low Confidence

Salary of majority employees

21% less than the average Recovery Officer Salary in NBFC Companies for 2 - 6 years of experience

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Last Updated: 26 Oct 2023

Companies similar to L&T Finance for Recovery Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Recovery Officer Salary 0 - 5 years exp. (40 salaries)	₹1.8 L/yr - ₹4.3 L/yr 22% more
HDFC Bank Recovery Officer Salary 1 - 7 years exp. (33 salaries)	₹1.8 L/yr - ₹4.5 L/yr 39% more
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ICICI Bank Recovery Officer Salary 0 - 8 years exp. (15 salaries)	₹1.5 L/yr - ₹3.4 L/yr 9% more
Kotak Mahindra Bank Recovery Officer Salary 0 - 6 years exp. (13 salaries)	₹1.7 L/yr - ₹2.7 L/yr 5% more
Axis Bank Recovery Officer Salary 1 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹2.5 L/yr 14% more
Tata Capital Recovery Officer Salary 0 - 1 year exp. (3 salaries)	₹1.5 L/yr - ₹7.3 L/yr 70% more
Mahindra Finance Recovery Officer Salary 0 - 8 years exp. (27 salaries)	₹1.8 L/yr - ₹3.8 L/yr 26% more
Shriram Finance Recovery Officer Salary 1 - 8 years exp. (108 salaries)	₹1.2 L/yr - ₹3.8 L/yr 24% more
HDB Financial Services Recovery Officer Salary 0 - 8 years exp. (35 salaries)	₹1.4 L/yr - ₹4 L/yr 13% more
SMFG India Credit Recovery Officer Salary 0 - 9 years exp. (12 salaries)	₹2.8 L/yr - ₹4 L/yr 45% more
Sammaan Capital Limited Recovery Officer Salary 1 - 6 years exp. (9 salaries)	₹2.3 L/yr - ₹3.3 L/yr 29% more
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PNB Housing Finance Recovery Officer Salary 0 - 8 years exp. (6 salaries)	₹2.5 L/yr - ₹3.1 L/yr 24% more
Muthoot Finance Recovery Officer Salary 2 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹2.3 L/yr 3% less
Sundaram Finance Recovery Officer Salary 1 - 15 years exp. (5 salaries)	₹3.6 L/yr - ₹4.5 L/yr 89% more
Mahindra Rural Housing Finance Recovery Officer Salary 5 - 7 years exp. (4 salaries)	₹2.2 L/yr - ₹3.5 L/yr 33% more
Satin Creditcare Network Recovery Officer Salary 0 - 5 years exp. (3 salaries)	₹2.3 L/yr - ₹3.5 L/yr 25% more
Manappuram Finance Recovery Officer Salary 4 - 13 years exp. (3 salaries)	₹2.2 L/yr - ₹4.8 L/yr 53% more
Poonawalla Fincorp Recovery Officer Salary 2 - 4 years exp. (3 salaries)	₹2.2 L/yr - ₹3 L/yr 34% more

Recovery Officer salary at L&T Finance ranges between ₹2 Lakhs to ₹2.2 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Recovery Officer salaries

Last Updated: 26 Oct 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.2 L/yr
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.8 L/yr
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4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
5 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.8 L/yr

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Salary related reviews for L&T Finance

4.8

Rated by 3 employees for salary & benefits

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

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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L&T Finance Recovery Officer Salary FAQs

How the salary growth look like for a Recovery Officer at L&T Finance in India?

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

Experience	Average Salary Range
2 years	₹0.9 Lakhs to ₹2.2 Lakhs per year
3 years	₹2.0 Lakhs to ₹3.8 Lakhs per year
4 years	₹1.9 Lakhs to ₹2.5 Lakhs per year
5 years	₹1.9 Lakhs to ₹2.5 Lakhs per year

and so on.

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L&T Finance Recovery Officer Salaries

L&T Finance Recovery Officer salary in India ranges between ₹2 Lakhs to ₹2.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 L&T Finance latest salaries received from various employees of L&T Finance.