Poonawalla Fincorp Recovery Manager Salaries by 4 Employees

12 - 30 years exp.

₹5.7 Lakhs - ₹9.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

42% more than the average Recovery Manager Salary in NBFC Companies for 12 - 30 years of experience

Interested in this particular role?

Last Updated: 13 Mar 2023

Companies similar to Poonawalla Fincorp for Recovery Manager

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Recovery Manager Salary 4 - 14 years exp. (28 salaries)	₹2 L/yr - ₹6 L/yr 53% less
PNB Housing Finance Recovery Manager Salary 2 - 10 years exp. (10 salaries)	₹3 L/yr - ₹6 L/yr 33% less
Login to view exact salary
Mahindra Finance Recovery Manager Salary 4 - 11 years exp. (5 salaries)	₹3.1 L/yr - ₹4.5 L/yr 49% 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
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
Login to view exact salary
15+ years (3 salaries)	₹5.7 L/yr - ₹8.5 L/yr

Similar Designation salaries in Poonawalla Fincorp

Cluster Manager Salary

(7 salaries)

₹12 L/yr - ₹21.52 L/yr

Deputy Manager Salary

(95 salaries)

₹4.75 L/yr - ₹12 L/yr

Agency Manager Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Area Manager Salary

(29 salaries)

₹2.7 L/yr - ₹9 L/yr

Branch Manager Salary

(94 salaries)

₹3.5 L/yr - ₹11 L/yr

Collections Manager Salary

(28 salaries)

₹3 L/yr - ₹9.75 L/yr

Relationship Manager Salary

(142 salaries)

₹2.35 L/yr - ₹7.45 L/yr

Area Collection Manager Salary

(13 salaries)

₹5.5 L/yr - ₹13.38 L/yr

Team Lead Salary

(23 salaries)

₹2 L/yr - ₹5.7 L/yr

State Head Salary

(15 salaries)

₹8.05 L/yr - ₹15.15 L/yr

Salary related reviews for Poonawalla Fincorp

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 ...

Business Analyst in Pune

Full Time

IT & Information Security Department

3.0

• posted on 07 Feb 2025

4.0

for Salary and Benefits

Likes

Good salary and job security

Salary - Good

+1 more

Dislikes

Too much favouritism, nothing to learn, only manager's favourite females recieve good increment, here you are not judged basis on skills but on faces and personal relationship.

Skill development - Bad

+3 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

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

109 participants . expiring in 15h

Got a question about Poonawalla Fincorp?

Ask anonymously on communities.

Poonawalla Fincorp Recovery Manager Salary FAQs

What is the salary of Recovery Manager at Poonawalla Fincorp ?

The average salary of a Recovery Manager at Poonawalla Fincorp in India typically ranges from ₹5.7 Lakhs to ₹9.3 Lakhs per year, depending on experience (from 12 years to 30 years).

The top 10% of Recovery Manager at Poonawalla Fincorp earn more than ₹9.3 Lakhs per year, and the top 1% earn over ₹9.3 Lakhs per year. Recovery Manager Salaries at Poonawalla Fincorp 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 Poonawalla Fincorp employees in India.

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 in India typically ranges from ₹56,553 to ₹57,972 per month. This is based on the average salary range of ₹5.7 Lakhs to ₹9.3 Lakhs per year for employees with experience ranging from 12 years to 30 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 Poonawalla Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

Manappuram Finance	₹3.0 Lakhs to ₹7.5 Lakhs per year
PNB Housing Finance	₹3.0 Lakhs to ₹6.0 Lakhs per year
Sammaan Capital Limited	₹4.0 Lakhs to ₹4.5 Lakhs per year
Mahindra Finance	₹3.1 Lakhs to ₹4.5 Lakhs per year
Kotak Mahindra Prime	₹3.6 Lakhs to ₹4.3 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 Manager at Poonawalla Fincorp in India?

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

Experience	Average Salary Range
12 years	₹8.4 Lakhs to ₹10.7 Lakhs per year
15 years	₹5.7 Lakhs to ₹8.5 Lakhs per year

and so on.

Tell us how to improve this page.

Poonawalla Fincorp Recovery Manager Salaries by Location

Home >
Salaries >
Poonawalla Fincorp Salaries >
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.