Tata Motors Finance Recovery Officer Salaries by 5 Employees (Updated 2024)

3 - 6 years exp.

₹1.7 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

17% less than the average Recovery Officer Salary in NBFC Companies for 3 - 6 years of experience

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Last Updated: 28 May 2023

Companies similar to Tata Motors Finance for Recovery Officer

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Recovery Officer Salary 0 - 9 years exp. (29 salaries)	₹1.8 L/yr - ₹3.2 L/yr 15% more
Bajaj Finance Recovery Officer Salary 0 - 6 years exp. (43 salaries)	₹1.8 L/yr - ₹4.3 L/yr 15% more
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HDFC Bank Recovery Officer Salary 0 - 7 years exp. (34 salaries)	₹1.2 L/yr - ₹4.5 L/yr 28% more
ICICI Bank Recovery Officer Salary 1 - 8 years exp. (14 salaries)	₹1.5 L/yr - ₹3.4 L/yr 7% more
Kotak Mahindra Bank Recovery Officer Salary 0 - 5 years exp. (15 salaries)	₹1.7 L/yr - ₹3.5 L/yr At par
IndusInd Bank Recovery Officer Salary 1 - 3 years exp. (5 salaries)	₹1.8 L/yr - ₹2.5 L/yr 7% less
Axis Bank Recovery Officer Salary 1 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹2.5 L/yr 7% more
Sundaram Finance Recovery Officer Salary 1 - 15 years exp. (5 salaries)	₹3.6 L/yr - ₹4.5 L/yr 81% more
Shriram Finance Recovery Officer Salary 1 - 8 years exp. (103 salaries)	₹1.3 L/yr - ₹3.8 L/yr 17% more
Muthoot Finance Recovery Officer Salary 2 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹2.3 L/yr 7% less
SMFG India Credit Recovery Officer Salary 0 - 9 years exp. (12 salaries)	₹2.8 L/yr - ₹4 L/yr 38% more
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Sammaan Capital Limited Recovery Officer Salary 1 - 5 years exp. (9 salaries)	₹2.3 L/yr - ₹3.3 L/yr 24% more
Home Credit Finance Recovery Officer Salary 1 - 6 years exp. (8 salaries)	₹2 L/yr - ₹4 L/yr 37% more
Poonawalla Fincorp Recovery Officer Salary 2 - 14 years exp. (7 salaries)	₹2.2 L/yr - ₹3.3 L/yr 27% more
Mahindra Rural Housing Finance Recovery Officer Salary 5 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹3.5 L/yr 27% more
IIFL Finance Recovery Officer Salary 1 - 11 years exp. (3 salaries)	₹2 L/yr - ₹4.5 L/yr 50% more
Satin Creditcare Network Recovery Officer Salary 0 - 5 years exp. (3 salaries)	₹2.3 L/yr - ₹3.5 L/yr 20% more
Manappuram Finance Recovery Officer Salary 4 - 13 years exp. (3 salaries)	₹2.2 L/yr - ₹4.8 L/yr 47% more
L&T Finance Recovery Officer Salary 2 - 6 years exp. (3 salaries)	₹2 L/yr - ₹2.2 L/yr 4% less
Tata Capital Recovery Officer Salary 0 - 1 year exp. (3 salaries)	₹1.5 L/yr - ₹7.3 L/yr 63% more

Recovery Officer salary at Tata Motors Finance ranges between ₹1.7 Lakh to ₹3 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Tata Motors Finance.

Experience wise Tata Motors Finance Recovery Officer salaries

Last Updated: 28 May 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹3.1 L/yr
4 years (3 salaries)	₹1.7 L/yr - ₹3 L/yr
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5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.9 L/yr

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Salary related reviews for Tata Motors Finance

4.8

Rated by 2 employees for salary & benefits

Regional Sales Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 21 Jun 2024

1.0

for Salary and Benefits

Likes

...ts High demand from employee Employee always feels under stress and demotivated. Compensation not good as per standard. Company drive does not match with ground reality. Likes - People learns to survive in worst situation.

Dislikes

Mentioned above

Senior Manager in Thane

Full Time

Administration & Facilities Department

1.0

• posted on 27 Dec 2023

1.0

for Salary and Benefits

Likes

Nothing.

Dislikes

... due to flattering and these people do not have caliber to adopt new technology. Manager reports to manager, AVP reports o AVP, and surprise or shock few managers salary is lesser than their reportees. Many employees are by pass their bosses. If you are 45+ than join TATA to just earn salary & get retire. If you are not match yourself with their culture than they will harass you and will force to resign. No proper budgeting, TATA have so much money to spend unnecessary. TATA just using Ratan Tata sir name and survive on goodwill.

Collections Executive in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 28 Jun 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.

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.

Collections Executive in Navi Mumbai

Full Time

Engineering - Software & QA Department

5.0

• posted on 05 Jun 2022

4.0

for Salary and Benefits

Likes

It was a great experience working, also got to learn many more things, and have skilled me to work in any other recovery stream.

Dislikes

Just a bit cons. 1. Comparably low salary - but exciting incentive structure. 2. Too slow process for Career Growth.

Area Operation Manager in Jabalpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Jul 2019

4.0

for Salary and Benefits

Likes

Very friendly and working environment, job security is good, if ur in good package then salary grow accordingly.big gap in salary structure in lower and middle mangment. Travel policy excellent, CSR activities goings on regular basis.

Dislikes

Appraisal process.

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a technical project manager

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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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Tata Motors Finance Recovery Officer Salary FAQs

What is the salary of Recovery Officer at Tata Motors Finance?

Recovery Officer salary at Tata Motors Finance in India ranges between ₹1.7 Lakhs to ₹3.0 Lakhs for experience between 3 years to 6 years. According to our estimates it is 17% less than the average Recovery Officer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Tata Motors Finance India.

How does the salary of a Recovery Officer at Tata Motors Finance India compare with the average salary range for this job?

The average salary of a Recovery Officer at Tata Motors Finance is 17% less 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 Tata Motors Finance to a Recovery Officer in India?

Sundaram Finance Recovery Officer Salary - ₹3.6 Lakhs to ₹4.5 Lakhs per year
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

What is the salary of a Recovery Officer in companies similar to Tata Motors Finance in India?

Home Credit Finance Recovery Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
HDFC Bank Recovery Officer Salary - ₹1.2 Lakhs to ₹4.5 Lakhs per year
Mahindra Rural Housing Finance Recovery Officer Salary - ₹2.2 Lakhs to ₹3.5 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

What is the estimated take home salary of a Recovery Officer at Tata Motors Finance in India?

The estimated take-home salary of a Recovery Officer at Tata Motors Finance ranges between ₹15,431 per month to ₹17,035 per month in India. The take-home salary calculation is based on the average Tata Motors Finance Recovery Officer salary in India which ranges between ₹1.7 Lakhs to ₹3.0 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Recovery Officer at Tata Motors Finance?

According to AmbitionBox, 100% of the Tata Motors Finance Recovery Officers reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Tata Motors Finance Recovery Officer Salaries

Tata Motors Finance Recovery Officer salary in India ranges between ₹1.7 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Tata Motors Finance latest salaries received from various employees of Tata Motors Finance.