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HDB Financial Services

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HDB Financial Services Recovery Manager salaries in India (Updated 2025)

Annual salary range
4 - 14 years exp.
₹4.5 Lakhs - ₹6.6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Recovery Manager Salary at HDB Financial Services ranges between ₹4.5 Lakhs to ₹6.6 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 7 latest salaries received... Read more

5% more than the average Recovery Manager Salary in NBFC Companies for 4 - 14 years of experience

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Last Updated: 28 Jan 2025

Companies similar to HDB Financial Services for Recovery Manager

Company name Avg Annual Salary Open Jobs
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Shriram Finance Recovery Manager Salary

4 - 14 years exp. (28 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 32% less
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SMFG India Credit Recovery Manager Salary

3 - 10 years exp. (12 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 29% less
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Bajaj Finance Recovery Manager Salary

1 - 8 years exp. (7 salaries)

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₹3.5 L/yr - ₹6.2 L/yr

arrow icon 19% less
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Mahindra Finance Recovery Manager Salary

4 - 11 years exp. (5 salaries)

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₹3.1 L/yr - ₹4.5 L/yr

arrow icon 31% less
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₹3.5 L/yr - ₹4.8 L/yr

arrow icon 26% less
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Hero FinCorp Recovery Manager Salary

4 - 6 years exp. (3 salaries)

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₹0.7 L/yr - ₹6.8 L/yr

arrow icon 41% less

HDB Financial Services Recovery Manager salaries by

Years of experience Avg. annual salary
4 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.2 L/yr
8 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
View all salaries by experience

Similar Designation Salaries at HDB Financial Services

Similar Designation Avg. annual salary
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₹11 L/yr - ₹26 L/yr

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₹1.7 L/yr - ₹9.5 L/yr

Debt Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

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₹2.2 L/yr - ₹5.5 L/yr

Area Manager Salary
(145 salaries)
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₹5.6 L/yr - ₹17.3 L/yr

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₹3.9 L/yr - ₹13.7 L/yr

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₹2.5 L/yr - ₹9.5 L/yr

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₹1.4 L/yr - ₹4.6 L/yr

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₹6.4 L/yr - ₹17.2 L/yr

Team Lead Salary
(366 salaries)
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₹1.5 L/yr - ₹6.1 L/yr

View more similar designations

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GF salary Vs. My salary
Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!
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Salary related reviews for HDB Financial Services

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  updated on 18 Jun 2024

4.0
 for  Salary and Benefits

Likes

They give you salary on time and infrastructure is good.

  • Salary - Good
  • +1 more

Dislikes

People are very rude .they will torture you until you left the company and manager are very unethical they don't know how to talk to their employees.

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

Finance & Accounting Department

4.0
  •  updated on 17 Feb 2025

4.0
 for  Salary and Benefits

Likes

supportive, family-like, and encouraging of internal growth, with good opportunities for career advancement, along with competitive incentives and on-time salary payments

read more
  • Salary - Good
  • +6 more

Dislikes

intense pressure to meet high sales targets, poor work-life balance, low salary, lack of career growth opportunities, rigid company culture, excessive manual work, and a perceived lack of support from management.

read more

Full Time

 · 

Sales & Business Development Department

3.0
  •  updated on 24 Oct 2023

1.0
 for  Salary and Benefits

Likes

HDB give us a opportunity to job and give us avarage salary pakage to make our life style good. And also Insentive structure is very good.

read more

Dislikes

Their are lots of things I dislike of this company. They hold salary if you didn't achive your target. After 6 months your salary cutoff upto RS. 1000 which one is terrible. The work culture and pressure also not acceptable. And lots of things are very poor of this company.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Finance & Accounting Department

4.0
  •  updated on 05 Sep 2023

4.0
 for  Salary and Benefits

Likes

Get salary on time HR and higher authorities are good! Some TL's are very bad they do partiality on data stamping but another hand some are too good now depends on luck under whome we will handover.

read more
  • Salary - Good
  • +2 more

Dislikes

Some TL's are very disappointing. They do partiality in data stamping to Telle callers due this TC's don't get their full ar desering incentive.

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  updated on 14 Aug 2023

4.0
 for  Salary and Benefits

Likes

Our hdb finance company is good .. not delay for salary on time credit in account or salary is good with incentive

read more
  • Salary - Good
  • +1 more

Dislikes

Hdb's senior employee is very bad and do missbehave.... so I'm not satisfied from our Kolkata hdb senior employee like supervisor team manager .....

read more
  • Work satisfaction - Poor
  • +1 more
see more salary related reviews

HDB Financial Services Recovery Manager Salary FAQs

What is the salary of Recovery Manager at HDB Financial Services ?
The average salary of a Recovery Manager at HDB Financial Services in India typically ranges from ₹4.5 Lakhs to ₹6.6 Lakhs per year, depending on experience (from 4 years to 14 years).

The top 10% of Recovery Manager at HDB Financial Services earn more than ₹6.6 Lakhs per year, and the top 1% earn over ₹6.6 Lakhs per year. Recovery Manager Salaries at HDB Financial Services 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 7 HDB Financial Services employees in India.
What is the estimated take home salary of a Recovery Manager at HDB Financial Services in India?
The estimated take-home salary of a Recovery Manager at HDB Financial Services in India typically ranges from ₹42,968 to ₹44,089 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from 4 years to 14 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 7 salaries received from various employees of HDB Financial Services. 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 HDB Financial Services in India?
The salary of a Recovery Manager at companies similar to HDB Financial Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Finance ₹3.5 Lakhs to ₹6.2 Lakhs per year
Shubham Housing Development Finance ₹3.5 Lakhs to ₹4.8 Lakhs per year
SMFG India Credit ₹2.0 Lakhs to ₹5.0 Lakhs per year
Mahindra Finance ₹3.1 Lakhs to ₹4.5 Lakhs per year
Shriram Finance ₹2.0 Lakhs to ₹6.0 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 Recovery Manager at HDB Financial Services in India?
The salary growth for a Recovery Manager at HDB Financial Services depends on factors such as experience, performance, and promotions. On average, a Recovery Manager can expect the following growth trajectory at HDB Financial Services:

Experience Average Salary Range
4 years ₹4.6 Lakhs to ₹5.8 Lakhs per year
5 years ₹4.7 Lakhs to ₹6.0 Lakhs per year
6 years ₹4.8 Lakhs to ₹6.1 Lakhs per year
7 years ₹4.9 Lakhs to ₹6.2 Lakhs per year
and so on.

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HDB Financial Services Recovery Manager salary in India ranges between ₹4.5 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 HDB Financial Services latest salaries received from various employees of HDB Financial Services.