Larsen & Toubro Limited Recovery Agent Salaries by 4 Employees

2 - 4 years exp.

₹1.6 Lakh - ₹12 Lakhs

Low Confidence

Salary of majority employees

86% more than the average Recovery Agent Salary in Engineering & Construction Companies for 2 - 4 years of experience

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Last Updated: 17 Feb 2024

Companies similar to Larsen & Toubro Limited for Recovery Agent

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Recovery Agent Salary 0 - 6 years exp. (54 salaries)	₹1 L/yr - ₹4 L/yr 46% less
Bajaj Finserv Recovery Agent Salary 1 - 4 years exp. (42 salaries)	₹0.9 L/yr - ₹5 L/yr 44% less
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HDFC Bank Recovery Agent Salary 0 - 5 years exp. (34 salaries)	₹1.2 L/yr - ₹4.5 L/yr 41% less
HDB Financial Services Recovery Agent Salary 1 - 3 years exp. (14 salaries)	₹1.5 L/yr - ₹3 L/yr 51% less
State Bank of India Recovery Agent Salary 0 - 6 years exp. (13 salaries)	₹0.2 L/yr - ₹3.5 L/yr 60% less

Recovery Agent salary at Larsen & Toubro Limited ranges between ₹1.6 Lakh to ₹12 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Larsen & Toubro Limited.

Experience wise Larsen & Toubro Limited Recovery Agent salaries

Last Updated: 17 Feb 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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4 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr

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Salary related reviews for Larsen & Toubro Limited

Deputy Manager in Mumbai (working remotely)

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 21 Feb 2025

3.0

for Salary and Benefits

Likes

The best company to work with

Skill development - Good

+5 more

Senior Associate in Pune

Full Time

Engineering - Software & QA Department

2.0

• posted on 04 Nov 2024

2.0

for Salary and Benefits

Likes

Work culture, work life balance is good.

Company culture - Good

+1 more

Dislikes

Poor appraisal and promotion processes. The HR team shows little concern for employees' contributions, and the management's approach to salary increments is ineffective.

Salary - Poor

+3 more

Finance Executive in New Delhi

Full Time

Finance & Accounting Department

2.0

• posted on 20 Aug 2023

1.0

for Salary and Benefits

Likes

Job security and salary on time

Job security - Excellent

+1 more

Dislikes

Very low appraisal . Appraisal comes on basic . If your boss recommends your promotion it may be cut by ho withought any reason . We'll curve appraisal system . Bad culture.

Salary - Bad

+3 more

Relationship Manager in New Delhi

Full Time

Procurement & Supply Chain Department

3.0

• posted on 11 May 2022

2.0

for Salary and Benefits

Likes

Timely salary, Dell Laptop to work with, trip to Lonavala

Dislikes

People don't leave the organization they leave their managers. Banking culture, daily grilling, managers don't have ground level knowledge, no conveyance.

Salary - Poor

+4 more

Relationship Manager (working remotely)

Full Time

Sales & Business Development Department

3.0

• posted on 10 Nov 2024

3.0

for Salary and Benefits

Likes

Nothing except the salary coming on time

Dislikes

No leadership role. No perfect trainings. State head remains always in ego and has nothing to add up in system or employee to increase the potential. No mentorship, no accountability and RH also remains in cave until there is kick from central team.

Skill development - Bad

+5 more

see more salary related reviews

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What people are saying about Larsen & Toubro Limited

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a technical architect- it

2w (edited)

Job offer but confused

I have 12 yr exp. Curent company L&T and Current CTC is 24 LPA (fixed). Now I got offer from luxoft and CTC 35 LPA I have 2 questions is it ok join to luxsoft? 35 LPA is less salary 12 yr exp?

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Larsen & Toubro Limited Recovery Agent Salary FAQs

What is the salary of Recovery Agent at Larsen & Toubro Limited ?

The average salary of a Recovery Agent at Larsen & Toubro Limited in India typically ranges from ₹1.6 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Recovery Agent at Larsen & Toubro Limited earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Recovery Agent Salaries at Larsen & Toubro Limited 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 4 Larsen & Toubro Limited employees in India.

What is the estimated take home salary of a Recovery Agent at Larsen & Toubro Limited in India?

The estimated take-home salary of a Recovery Agent at Larsen & Toubro Limited in India typically ranges from ₹33,748 to ₹35,007 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 2 years to 4 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 4 salaries received from various employees of Larsen & Toubro Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Recovery Agent in companies similar to Larsen & Toubro Limited in India?

The salary of a Recovery Agent at companies similar to Larsen & Toubro Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹1.2 Lakhs to ₹4.5 Lakhs per year
Bajaj Finserv	₹0.9 Lakhs to ₹5.0 Lakhs per year
Bajaj Finance	₹1.0 Lakhs to ₹4.0 Lakhs per year
HDB Financial Services	₹1.5 Lakhs to ₹3.0 Lakhs per year
State Bank of India	₹0.2 Lakhs to ₹3.5 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 Agent at Larsen & Toubro Limited in India?

The salary growth for a Recovery Agent at Larsen & Toubro Limited depends on factors such as experience, performance, and promotions. On average, a Recovery Agent can expect the following growth trajectory at Larsen & Toubro Limited:

Experience	Average Salary Range
2 years	₹6.3 Lakhs to ₹8.0 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years	₹1.4 Lakhs to ₹1.8 Lakhs per year

and so on.

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Larsen & Toubro Limited Recovery Agent Salaries

Larsen & Toubro Limited Recovery Agent salary in India ranges between ₹1.6 Lakh to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Larsen & Toubro Limited latest salaries received from various employees of Larsen & Toubro Limited.