Shubham Housing Development Finance Recovery Manager Salaries by 4 Employees (Updated 2025)

7 - 10 years exp.

₹3.5 Lakhs - ₹4.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

21% less than the average Recovery Manager Salary in NBFC Companies for 7 - 10 years of experience

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Last Updated: 15 Mar 2025

Companies similar to Shubham Housing Development Finance for Recovery Manager

Company name	Avg Annual Salary	Open Jobs
PNB Housing Finance Recovery Manager Salary 2 - 10 years exp. (10 salaries)	₹3 L/yr - ₹6 L/yr 21% more
Kinara Capital Recovery Manager Salary 5 - 10 years exp. (5 salaries)	₹3 L/yr - ₹4.8 L/yr 15% less
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Sammaan Capital Limited Recovery Manager Salary 5 - 11 years exp. (4 salaries)	₹4 L/yr - ₹4.5 L/yr At par
Hero FinCorp Recovery Manager Salary 4 - 6 years exp. (3 salaries)	₹0.7 L/yr - ₹6.8 L/yr 21% less
Vistaar Finance Recovery Manager Salary 13 - 15 years exp. (3 salaries)	₹4.9 L/yr - ₹7.5 L/yr 45% more
Capital Trust Recovery Manager Salary 4 - 7 years exp. (3 salaries)	₹2.5 L/yr - ₹4.1 L/yr 16% less
Kotak Mahindra Prime Recovery Manager Salary 4 - 6 years exp. (3 salaries)	₹3.6 L/yr - ₹4.3 L/yr 10% less
Kanakadurga Finance Recovery Manager Salary 3 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹2.7 L/yr 49% less

Recovery Manager salary at Shubham Housing Development Finance ranges between ₹3.5 Lakhs to ₹4.8 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Shubham Housing Development Finance.

Experience wise Shubham Housing Development Finance Recovery Manager salaries

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
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10 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

Similar Designation salaries in Shubham Housing Development Finance

Cluster Manager Salary

(4 salaries)

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Deputy Manager Salary

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Agency Manager Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Area Manager Salary

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₹4.5 L/yr - ₹12 L/yr

Branch Manager Salary

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₹3 L/yr - ₹9 L/yr

Collections Manager Salary

(31 salaries)

₹2.45 L/yr - ₹5 L/yr

Relationship Manager Salary

(304 salaries)

₹2.3 L/yr - ₹4.68 L/yr

Area Collection Manager Salary

(10 salaries)

₹4.5 L/yr - ₹10.15 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

State Head Salary

(6 salaries)

₹14.5 L/yr - ₹20 L/yr

Salary related reviews for Shubham Housing Development Finance

Relationship Manager in Gurgaon / Gurugram

Sales & Business Development Department

3.0

• posted on 17 Apr 2022

2.0

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 the give good salary hike every year.

Work satisfaction - Good

+1 more

Dislikes

Salary - Poor
Skill development - Poor

+3 more

Collection Officer in Bareilly

BFSI, Investments & Trading Department

3.0

• posted on 15 Jul 2020

3.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management 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.

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 joinees.

Credit Manager in New Delhi

Full Time

Risk Management & Compliance Department

1.0

• posted on 08 Sep 2022

2.0

for Salary and Benefits

Likes

Only like the credit team and credit managment

Dislikes

... Very pethatic condition of IT team. They are not resolved any issue within TAT. Employee Insurance deduct from employee salary. HR gives same salary to a Fresher and to a 3 year experiance person. When a branch team win a cash price in contest than Higher level person hold the branch amount. In the company Higher authority person gives Good salary increments to only relative employees. And Annual bounce of Credit team members only 10K.

Salary - Poor

+4 more

Area Credit Manager in Jodhpur

Full Time

Credit Department

4.0

• posted on 08 Sep 2020

4.0

for Salary and Benefits

Likes

Company always carrying to their employees no any salary deduction during COVID pendamic.

Salary - Good

+6 more

Dislikes

Bonus was bad , atleast credit person's bonus should be good as this department has no any incentive plan, they are work with due diligence with integrity and waiting for bonus after 1years hard work, so company must be think about credit department.

Regional Technical Manager in Pune

Full Time

Risk Management & Compliance Department

5.0

• posted on 20 Jul 2020

4.0

for Salary and Benefits

Likes

Looking at the current market scenerio with other company where employee's are experiencing Salary cuts and even job loss, I would say my company is STABLE ! We have done some important position hirings as well post April Month ! For Employees safety Company has given work from home option. Our HR team also is updating us timely with updated safety measures against COVID-19. I love working here !

Salary - Good

+6 more

Dislikes

Not Applicable

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Shubham Housing Development Finance Recovery Manager Salary FAQs

What is the salary of Recovery Manager at Shubham Housing Development Finance ?

The average salary of a Recovery Manager at Shubham Housing Development Finance in India typically ranges from ₹3.5 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of Recovery Manager at Shubham Housing Development Finance earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Recovery Manager Salaries at Shubham Housing Development Finance 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 Shubham Housing Development Finance employees in India.

What is the estimated take home salary of a Recovery Manager at Shubham Housing Development Finance in India?

The estimated take-home salary of a Recovery Manager at Shubham Housing Development Finance in India typically ranges from ₹31,338 to ₹32,633 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 7 years to 10 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 Shubham Housing Development Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shubham Housing Development Finance for Recovery Manager in India?

Vistaar Finance	₹4.9 Lakhs to ₹7.5 Lakhs per year
PNB Housing Finance	₹3.0 Lakhs to ₹6.0 Lakhs per year

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

What is the salary of a Recovery Manager in companies similar to Shubham Housing Development Finance in India?

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

Sammaan Capital Limited	₹4.0 Lakhs to ₹4.5 Lakhs per year
Kotak Mahindra Prime	₹3.6 Lakhs to ₹4.3 Lakhs per year
Kinara Capital	₹3.0 Lakhs to ₹4.8 Lakhs per year
Capital Trust	₹2.5 Lakhs to ₹4.1 Lakhs per year
Hero FinCorp	₹0.7 Lakhs to ₹6.8 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 Shubham Housing Development Finance in India?

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

Experience	Average Salary Range
7 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
9 years	₹3.6 Lakhs to ₹4.5 Lakhs per year
10 years	₹3.8 Lakhs to ₹4.8 Lakhs per year

and so on.

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Shubham Housing Development Finance Recovery Manager Salaries by Location

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Shubham Housing Development Finance Recovery Manager Salaries

Shubham Housing Development Finance Recovery Manager salary in India ranges between ₹3.5 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shubham Housing Development Finance latest salaries received from various employees of Shubham Housing Development Finance.

Shubham Housing Development Finance Recovery Manager salaries in India (Updated 2025)

Companies similar to Shubham Housing Development Finance for Recovery Manager

Latest annual salaries shared by Shubham Housing Development Finance Recovery Manager

Experience wise Shubham Housing Development Finance Recovery Manager salaries

Similar Designation salaries in Shubham Housing Development Finance

Salary related reviews for Shubham Housing Development Finance

Relationship Manager in Gurgaon / Gurugram

Collection Officer in Bareilly

Credit Manager in New Delhi

Area Credit Manager in Jodhpur

Regional Technical Manager in Pune

Shubham Housing Development Finance Recovery Manager Salary FAQs

Tell us how to improve this page.

Shubham Housing Development Finance Recovery Manager Salaries by Location