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Annual salary range
5 - 6 years exp.
₹2.2
Lakhs - ₹3.5
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary6% more than the average Recovery Officer Salary in NBFC Companies for 5 - 6 years of experience
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Salaries in different departments
Marketing & Communication
Recovery Officer Salary
6
years
exp.
(AmbitionBox Estimate)
|  ₹2.6 L/yr - ₹3.2 L/yr |
Login to view exact salary
| |
Sales & Business Development
Recovery Officer Salary
6
years
exp.
(AmbitionBox Estimate)
| ₹3.2 L/yr - ₹3.9 L/yr |
Companies similar to Mahindra Rural Housing Finance for Recovery Officer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 L&T Finance Recovery Officer Salary
2 - 6 years exp. (3 salaries) | ₹2 L/yr - ₹2.2 L/yr 
25%
less | |
 Sammaan Capital Limited Recovery Officer Salary
1 - 5 years exp. (9 salaries) | ₹2.3 L/yr - ₹3.3 L/yr
3%
less | |
Login to view exact salary
| ||
 HDFC Bank Recovery Officer Salary
0 - 7 years exp. (34 salaries) | ₹1.2 L/yr - ₹4.5 L/yr 
1%
more | |
 Shriram Finance Recovery Officer Salary
1 - 8 years exp. (103 salaries) | ₹1.3 L/yr - ₹3.8 L/yr
8%
less | |
 Bajaj Finance Recovery Officer Salary
0 - 6 years exp. (43 salaries) | ₹1.8 L/yr - ₹4.3 L/yr
10%
less | |
 HDB Financial Services Recovery Officer Salary
0 - 6 years exp. (34 salaries) | ₹1.4 L/yr - ₹3.1 L/yr
20%
less | |
 Mahindra Finance Recovery Officer Salary
0 - 9 years exp. (29 salaries) | ₹1.8 L/yr - ₹3.2 L/yr
9%
less | |
 SMFG India Credit Recovery Officer Salary
0 - 9 years exp. (12 salaries) | ₹2.8 L/yr - ₹4 L/yr
9%
more | |
 Home Credit Finance Recovery Officer Salary
1 - 6 years exp. (8 salaries) | ₹2 L/yr - ₹4 L/yr
8%
more | |
 Poonawalla Fincorp Recovery Officer Salary
2 - 14 years exp. (7 salaries) | ₹2.2 L/yr - ₹3.3 L/yr At par | |
 Muthoot Finance Recovery Officer Salary
2 - 4 years exp. (5 salaries) | ₹1.5 L/yr - ₹2.3 L/yr
27%
less | |
Login to view exact salary
| ||
 IIFL Finance Recovery Officer Salary
1 - 11 years exp. (3 salaries) | ₹2 L/yr - ₹4.5 L/yr
18%
more | |
 Satin Creditcare Network Recovery Officer Salary
0 - 5 years exp. (3 salaries) | ₹2.3 L/yr - ₹3.5 L/yr
6%
less | |
 Manappuram Finance Recovery Officer Salary
4 - 13 years exp. (3 salaries) | ₹2.2 L/yr - ₹4.8 L/yr
15%
more | |
 Tata Capital Recovery Officer Salary
0 - 1 year exp. (3 salaries) | ₹1.5 L/yr - ₹7.3 L/yr
28%
more | |
Recovery Officer salary at Mahindra Rural Housing Finance ranges between ₹2.2
Lakhs
to ₹3.5
Lakhs
per year for employees with experience between 5 years to 6 years. Salary
estimates are based on
4 latest salaries received
from various employees of Mahindra Rural Housing Finance.
Latest annual salaries shared by Mahindra Rural Housing Finance Recovery Officer
5mo ago
6
years
exp.
11mo ago
6
years
exp.
1y ago
6
years
exp.
1y ago
5
years
exp.
Experience wise Mahindra Rural Housing Finance Recovery Officer salaries
Last Updated: 16 Jul 2024
| Experience | Avg Annual Salary |
|---|---|
| 5 years (AmbitionBox Estimate) |
₹1.1
L/yr
- ₹2.8
L/yr
|
Login to view exact salary
| |
| 6 years (3 salaries) |
₹2.2
L/yr
- ₹3.5
L/yr
|
Similar Designation salaries in Mahindra Rural Housing Finance
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Salary Discussions, Hike & Promotions
1w
a technical project manager
Deadend
Hi,
I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA.
I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation.
I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component.
I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this.
What should be my next move?
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Mahindra Rural Housing Finance Recovery Officer Salary FAQs
What is the salary of Recovery Officer at Mahindra Rural Housing Finance?
Recovery Officer salary at Mahindra Rural Housing Finance in India ranges between ₹2.2 Lakhs to ₹3.5 Lakhs for experience between 5 years to 6 years. According to our estimates it is 6% more than the average Recovery Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Rural Housing Finance India.
How does the salary of a Recovery Officer at Mahindra Rural Housing Finance India compare with the average salary range for this job?
The average salary of a Recovery Officer at Mahindra Rural Housing Finance is 6% more than the average salary of a Recovery Officer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Mahindra Rural Housing Finance to a Recovery Officer in India?
- Tata Capital Recovery Officer Salary - ₹1.5 Lakhs to ₹7.3 Lakhs per year
- IIFL Finance Recovery Officer Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
- Manappuram Finance Recovery Officer Salary - ₹2.2 Lakhs to ₹4.8 Lakhs per year
- SMFG India Credit Recovery Officer Salary - ₹2.8 Lakhs to ₹4.0 Lakhs per year
- Home Credit Finance Recovery Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
What is the salary of a Recovery Officer in companies similar to Mahindra Rural Housing Finance in India?
- HDFC Bank Recovery Officer Salary - ₹1.2 Lakhs to ₹4.5 Lakhs per year
- Poonawalla Fincorp Recovery Officer Salary - ₹2.2 Lakhs to ₹3.3 Lakhs per year
- Sammaan Capital Limited Recovery Officer Salary - ₹2.3 Lakhs to ₹3.3 Lakhs per year
- Satin Creditcare Network Recovery Officer Salary - ₹2.3 Lakhs to ₹3.5 Lakhs per year
- Shriram Finance Recovery Officer Salary - ₹1.3 Lakhs to ₹3.8 Lakhs per year
What is the estimated take home salary of a Recovery Officer at Mahindra Rural Housing Finance in India?
The estimated take-home salary of a Recovery Officer at Mahindra Rural Housing Finance ranges between ₹20,150 per month to ₹21,811 per month in India. The take-home salary calculation is based on the average Mahindra Rural Housing Finance Recovery Officer salary in India which ranges between ₹2.2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 5 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Recovery Officer at Mahindra Rural Housing Finance?
According to AmbitionBox, 25% of the Mahindra Rural Housing Finance Recovery Officers reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.
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Mahindra Rural Housing Finance Recovery Officer Salaries by Location
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Mahindra Rural Housing Finance Recovery Officer salary
in
India
ranges between ₹2.2
Lakhs to ₹3.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
4
Mahindra Rural Housing Finance latest salaries received from various employees of
Mahindra Rural Housing Finance.