NeoGrowth Credit Area Recovery Manager Salaries by 5 Employees

6 - 8 years exp.

₹6.3 Lakhs - ₹10 Lakhs

Avg. annual salary

Monthly In-hand Salary

6% less than the average Area Recovery Manager Salary in NBFC Companies for 6 - 8 years of experience

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Salaries in different departments

Finance & Accounting Area Recovery Manager Salary 6 - 8 years exp. (3 salaries)	₹7 L/yr - ₹10 L/yr
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Sales & Business Development Area Recovery Manager Salary 8 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 29 Oct 2024

Companies similar to NeoGrowth Credit for Area Recovery Manager

Company name	Avg Annual Salary	Open Jobs
Shubham Housing Development Finance Area Recovery Manager Salary 7 - 23 years exp. (6 salaries)	₹4.6 L/yr - ₹10 L/yr 6% less
PNB Housing Finance Area Recovery Manager Salary 11 - 13 years exp. (5 salaries)	₹8 L/yr - ₹15 L/yr 22% more
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Piramal Capital Housing Finance Area Recovery Manager Salary 12 - 19 years exp. (15 salaries)	₹6.5 L/yr - ₹13.2 L/yr 36% more
Muthoot Fincorp Area Recovery Manager Salary 4 - 11 years exp. (12 salaries)	₹3.5 L/yr - ₹5 L/yr 47% less
IDFC FIRST Bank Area Recovery Manager Salary 7 - 16 years exp. (10 salaries)	₹9.5 L/yr - ₹16.5 L/yr 63% more

Area Recovery Manager salary at NeoGrowth Credit ranges between ₹6.3 Lakhs to ₹10 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of NeoGrowth Credit.

Experience wise NeoGrowth Credit Area Recovery Manager salaries

Last Updated: 29 Oct 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹9 L/yr
7 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹14.4 L/yr
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8 years (AmbitionBox Estimate)	₹8 L/yr - ₹10 L/yr

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Salary related reviews for NeoGrowth Credit

2.7

Rated by 2 employees for salary & benefits

Sdet Automation Test Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

1.0

• posted on 17 Mar 2025

1.0

for Salary and Benefits

Likes

To be very honest it is the worst company that you can be in, only join if you don't have any job in hand other wise don't join, management is extremely toxic.

Dislikes

everything, no work from home option They will force you to work late night without giving proper compensation and will not recognise your efforts also the increment is next to zero .

Salary - Bad

+6 more

Credit Underwriter in Chennai

Full Time

Finance & Accounting Department

1.0

• posted on 17 Jun 2019

1.0

for Salary and Benefits

Likes

Worst company i never seen like this am worked on credit team but there is no support in credit team even sales team compare to credit they r better

Dislikes

...hike on this but this year mangement given us 850rs appraisal.this is cheating . now we left the company now currenly one fresher joined neo grwoth his salary comparing to my salary 50percent higher 😡 now how can the managment give that hike to new fresher ??? even experiance workers nt getting that much salary. neo growth unsecured loan cheating customer to flat rate of intrest but they dnt have to give good salary to employe bulshit worst company i wasted my last one year in neo growth

Salary - Bad

+6 more

Customer Relationship Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 09 May 2021

3.0

for Salary and Benefits

Likes

...od and job is not secured when you don't achieve your target but and there is a hectic job but teammates are supportive and they give good salary

Promotions - Good

CPA in Chandigarh

Full Time

Finance & Accounting Department

4.0

• posted on 03 Jun 2020

3.0

for Salary and Benefits

Likes

Work Environment was good, Teammates are supportive Management is not bad, and Company Policy was average, Appraisal are good, but presently I am Jobless due to covid-19 company has been fired

Skill development - Excellent

Dislikes

There are lot of policies and the management don't address our issue. Salary is good but career growth was slow.

Job security - Poor

+2 more

Regional Business Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Feb 2025

2.0

for Salary and Benefits

Likes

Nothing to like ....it's a royal mess...don't even think of working here...sycophants and certain group are allowed to work.

Dislikes

Everything... except for the salary that was credited into the account at the end of mnth...

Salary - Poor

+6 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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NeoGrowth Credit Area Recovery Manager Salary FAQs

What is the salary of Area Recovery Manager at NeoGrowth Credit ?

The average salary of a Area Recovery Manager at NeoGrowth Credit in India typically ranges from ₹6.3 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 6 years to 8 years).

The top 10% of Area Recovery Manager at NeoGrowth Credit earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Area Recovery Manager Salaries at NeoGrowth Credit 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 5 NeoGrowth Credit employees in India.

What is the estimated take home salary of a Area Recovery Manager at NeoGrowth Credit in India?

The estimated take-home salary of a Area Recovery Manager at NeoGrowth Credit in India typically ranges from ₹58,973 to ₹60,460 per month. This is based on the average salary range of ₹6.3 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 6 years to 8 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 5 salaries received from various employees of NeoGrowth Credit. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than NeoGrowth Credit for Area Recovery Manager in India?

IDFC FIRST Bank	₹9.5 Lakhs to ₹16.5 Lakhs per year
Piramal Capital Housing Finance	₹6.5 Lakhs to ₹13.2 Lakhs per year
PNB Housing Finance	₹8.0 Lakhs to ₹15.0 Lakhs per year

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

What is the salary of a Area Recovery Manager in companies similar to NeoGrowth Credit in India?

The salary of a Area Recovery Manager at companies similar to NeoGrowth Credit in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shubham Housing Development Finance	₹4.6 Lakhs to ₹10.0 Lakhs per year
Muthoot Fincorp	₹3.5 Lakhs to ₹5.0 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 Area Recovery Manager at NeoGrowth Credit in India?

The salary growth for a Area Recovery Manager at NeoGrowth Credit depends on factors such as experience, performance, and promotions. On average, a Area Recovery Manager can expect the following growth trajectory at NeoGrowth Credit:

Experience	Average Salary Range
6 years	₹3.1 Lakhs to ₹9.0 Lakhs per year
7 years	₹6.3 Lakhs to ₹14.4 Lakhs per year
8 years	₹8.0 Lakhs to ₹10.0 Lakhs per year

and so on.

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NeoGrowth Credit Area Recovery Manager Salaries

NeoGrowth Credit Area Recovery Manager salary in India ranges between ₹6.3 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 NeoGrowth Credit latest salaries received from various employees of NeoGrowth Credit.