Poonawalla Fincorp Recovery Manager Salaries by 4 Employees (Updated 2025)

12 - 30 years exp.

₹5.7 Lakhs - ₹9.3 Lakhs

Low Confidence

Salary of majority employees

41% more than the average Recovery Manager Salary in NBFC Companies for 12 - 30 years of experience

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Last Updated: 13 Mar 2023

Companies similar to Poonawalla Fincorp for Recovery Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Recovery Manager Salary 3 - 6 years exp. (8 salaries)	₹2.3 L/yr - ₹6.8 L/yr 54% less
HDFC Bank Recovery Manager Salary 5 - 18 years exp. (17 salaries)	₹3.5 L/yr - ₹10.9 L/yr 6% less
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ICICI Bank Recovery Manager Salary 2 - 13 years exp. (5 salaries)	₹5.5 L/yr - ₹9 L/yr 6% less
Kotak Mahindra Bank Recovery Manager Salary 1 - 14 years exp. (25 salaries)	₹1.8 L/yr - ₹8.2 L/yr 40% less
Edelweiss Recovery Manager Salary 10 - 15 years exp. (3 salaries)	₹3 L/yr - ₹5.4 L/yr 40% less
Mahindra Finance Recovery Manager Salary 4 - 11 years exp. (5 salaries)	₹3.1 L/yr - ₹4.5 L/yr 49% less
Shriram Finance Recovery Manager Salary 4 - 14 years exp. (28 salaries)	₹2 L/yr - ₹6 L/yr 49% less
PNB Housing Finance Recovery Manager Salary 2 - 10 years exp. (10 salaries)	₹3 L/yr - ₹6 L/yr 33% less
Sammaan Capital Limited Recovery Manager Salary 5 - 11 years exp. (4 salaries)	₹4 L/yr - ₹4.5 L/yr 45% less
Manappuram Finance Recovery Manager Salary 8 - 23 years exp. (3 salaries)	₹3 L/yr - ₹7.5 L/yr 6% less
Kotak Mahindra Prime Recovery Manager Salary 4 - 6 years exp. (3 salaries)	₹3.6 L/yr - ₹4.3 L/yr 50% less
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Mahindra Rural Housing Finance Recovery Manager Salary 2 - 6 years exp. (3 salaries)	₹1.7 L/yr - ₹2.4 L/yr 73% less

Recovery Manager salary at Poonawalla Fincorp ranges between ₹5.7 Lakhs to ₹9.3 Lakhs per year for employees with experience between 12 years to 30 years. Salary estimates are based on 4 latest salaries received from various employees of Poonawalla Fincorp.

Experience wise Poonawalla Fincorp Recovery Manager salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
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15+ years (3 salaries)	₹5.7 L/yr - ₹8.5 L/yr

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Salary related reviews for Poonawalla Fincorp

Collection Officer in Sangrur,patiala,

Full Time

Other Department

1.0

• posted on 23 Apr 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

First they recruited us threw teamlease .and salry package was very low but they gave us soft bukt0-30 collection.then they suddenly murge and we forced to work with hard bkt61- 90 with same salry package. Now new hiring company hired new comers on a very handsome salry and we just a piece of paper for them. Now I am alone handling 2 person portfolio from last month they promised us to gave salry hike and March appraisal but nothing much happened. Every making false promise for just tha sake of work load now we stuck becouse no one gave us much hike no such a low salry according to offer letter if any senior reading this review please thought about our employees.

Salary - Bad

+6 more

Senior Collection Officer in Bokaro

Finance & Accounting Department

5.0

• posted on 26 May 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joiners.

Collections Manager in Bareilly

BFSI, Investments & Trading Department

5.0

• posted on 30 Jun 2021

4.0

for Salary and Benefits

Likes

Good working environment and culture teammates are supportive company policies are good

Salary - Good

+6 more

Dislikes

There is a lot of politics and the management does not salary is decent but career growth is slow good company in a Magma

Deputy Manager in Begusarai

Other Department

5.0

• posted on 22 Sep 2019

4.0

for Salary and Benefits

Likes

Yes, Good culture in magma with all vertical.

Salary - Good

+6 more

Dislikes

Some times to see some here is no value for our old staff. Same position working and good performance giving after that new staff salary is high and old staff has to low. request to our management at list keep near. other this staff demotivate. pls need to revise. if any one person work with organisation from long time this is not good.

Collection Officer in Surat

BFSI, Investments & Trading Department

4.0

• posted on 24 Nov 2019

3.0

for Salary and Benefits

Likes

It was amazing ... I want to come back in magma housing finance in 7 month if u accept me than i want to join it bcz its amazing place to do job with full secure n satisfaction ....

Skill development - Good

+5 more

Dislikes

When m doing job in magma that time all is good bt my salary is so poor m doing 2 year job in magma bt m not get single increment in two year just ...

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fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Poonawalla Fincorp Recovery Manager Salary FAQs

What is the salary of Recovery Manager at Poonawalla Fincorp?

Recovery Manager salary at Poonawalla Fincorp in India ranges between ₹5.7 Lakhs to ₹9.3 Lakhs for experience between 12 years to 30 years. According to our estimates it is 41% more than the average Recovery Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Poonawalla Fincorp India.

How does the salary of a Recovery Manager at Poonawalla Fincorp India compare with the average salary range for this job?

The average salary of a Recovery Manager at Poonawalla Fincorp is 41% more than the average salary of a Recovery Manager in India. To know exact salary insights, login to view.

What is the salary of a Recovery Manager in companies similar to Poonawalla Fincorp in India?

Manappuram Finance Recovery Manager Salary - ₹3.0 Lakhs to ₹7.5 Lakhs per year
HDFC Bank Recovery Manager Salary - ₹3.5 Lakhs to ₹10.9 Lakhs per year
ICICI Bank Recovery Manager Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year
PNB Housing Finance Recovery Manager Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
Kotak Mahindra Bank Recovery Manager Salary - ₹1.8 Lakhs to ₹8.2 Lakhs per year

What is the estimated take home salary of a Recovery Manager at Poonawalla Fincorp in India?

The estimated take-home salary of a Recovery Manager at Poonawalla Fincorp ranges between ₹56,553 per month to ₹57,972 per month in India. The take-home salary calculation is based on the average Poonawalla Fincorp Recovery Manager salary in India which ranges between ₹5.7 Lakhs to ₹9.3 Lakhs per year for employees with experience between 12 years to 30 years. Check how did we calculate take home salary?

What is the notice period for Recovery Manager at Poonawalla Fincorp?

According to AmbitionBox, 100% of the Poonawalla Fincorp Recovery Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Poonawalla Fincorp Recovery Manager Salaries

Poonawalla Fincorp Recovery Manager salary in India ranges between ₹5.7 Lakhs to ₹9.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Poonawalla Fincorp latest salaries received from various employees of Poonawalla Fincorp.