Larsen & Toubro Limited Recovery Officer Salaries by 4 Employees

1 - 5 years exp.

₹1.9 Lakh - ₹2.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

26% less than the average Recovery Officer Salary in Engineering & Construction Companies for 1 - 5 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Larsen & Toubro Limited for Recovery Officer

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Recovery Officer Salary 1 - 8 years exp. (108 salaries)	₹1.2 L/yr - ₹3.8 L/yr 32% more
Bajaj Finserv Recovery Officer Salary 2 - 6 years exp. (41 salaries)	₹1.4 L/yr - ₹4.4 L/yr 52% more
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Bajaj Finance Recovery Officer Salary 0 - 5 years exp. (40 salaries)	₹1.8 L/yr - ₹4.3 L/yr 30% more
Jana Small Finance Bank Recovery Officer Salary 1 - 6 years exp. (38 salaries)	₹1.5 L/yr - ₹2.9 L/yr 12% more
HDB Financial Services Recovery Officer Salary 0 - 8 years exp. (35 salaries)	₹1.4 L/yr - ₹4 L/yr 20% more

Recovery Officer salary at Larsen & Toubro Limited ranges between ₹1.9 Lakh to ₹2.2 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Larsen & Toubro Limited.

Experience wise Larsen & Toubro Limited Recovery Officer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
5 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr

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Salary related reviews for Larsen & Toubro Limited

3.7

Rated by 2 employees for salary & benefits

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

Branch Manager in Tc Koot Road

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 22 Jul 2023

5.0

for Salary and Benefits

Likes

Best salary in industry, life balance very excellent

Salary - Excellent

+3 more

Dislikes

Job security very worst, no one support critical situation. If you met accident at office time no one not supported you,leave , salary not porived, Transfer not given,

Skill development - Poor

+2 more

see more salary related reviews

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Seeking Referral

Hi everyone, I’m currently exploring new career opportunities and would greatly appreciate a referral at any of the following companies: Google Larsen & Toubro (L&T) Boston Consulting Group (BCG) GMR Group Clifford Chance If you’re an employee at any of these organizations or know someone who could help, I’d be grateful for your support. Please feel free to reach out, and I’d be happy to share my resume and details.

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Larsen & Toubro Limited Recovery Officer Salary FAQs

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

The average salary of a Recovery Officer at Larsen & Toubro Limited in India typically ranges from ₹1.9 Lakhs to ₹2.2 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Recovery Officer at Larsen & Toubro Limited earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Recovery Officer 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 Officer at Larsen & Toubro Limited in India?

The estimated take-home salary of a Recovery Officer at Larsen & Toubro Limited in India typically ranges from ₹13,727 to ₹15,185 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹2.2 Lakhs per year for employees with experience ranging from 1 year to 5 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.

Which companies offer higher salaries than Larsen & Toubro Limited for Recovery Officer in India?

Bajaj Finserv	₹1.4 Lakhs to ₹4.4 Lakhs per year
Shriram Finance	₹1.2 Lakhs to ₹3.8 Lakhs per year
Bajaj Finance	₹1.8 Lakhs to ₹4.3 Lakhs per year
HDB Financial Services	₹1.4 Lakhs to ₹4.0 Lakhs per year
Jana Small Finance Bank	₹1.5 Lakhs to ₹2.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Larsen & Toubro Limited, depending on the role and experience level.

How the salary growth look like for a Recovery Officer at Larsen & Toubro Limited in India?

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

Experience	Average Salary Range
1 year	₹1.9 Lakhs to ₹2.4 Lakhs per year
2 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
3 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
4 years	₹1.8 Lakhs to ₹2.2 Lakhs per year

and so on.

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Larsen & Toubro Limited Recovery Officer Salaries

Larsen & Toubro Limited Recovery Officer salary in India ranges between ₹1.9 Lakh to ₹2.2 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.