Salary benchmark for employers
Collection/Recovery Manager Salary in Mumbai (2026)
₹20,500per month, median
Half of Collection/Recovery Manager posts in Mumbai offer ₹19,000–₹25,800 a month. Based on 25 live job posts that state a salary, updated 14 November 2026.
Pay distribution
| 10th | 25th | Median | 75th | 90th |
|---|---|---|---|---|
| ₹16,700 | ₹19,000 | ₹20,500 | ₹25,800 | ₹32,500 |
- Active posts
- 26
- Employers
- 23
- Open to freshers
- 27%
- New in 30 days
- 1
What to offer Collection/Recovery Manager candidates in Mumbai
- Offer at least ₹20,500 a month to match the typical post in Mumbai; ₹25,800 or more puts you in the top quarter of posts.
- Hiring freshers? Their median offer is ₹17,000 — 17% below the overall median.
- 1 new Collection/Recovery Manager posts went live in the last 30 days — publish your monthly range so candidates can compare.
Experience
Collection/Recovery Manager salary by experience
| Experience | Posts | Median / month |
|---|---|---|
| Fresher (0 years) | 7 | ₹17,000 |
| 1–2 years | 18 | ₹22,500 |
Job type
Salary by employment type
| Type | Posts | Median / month |
|---|---|---|
| Full-time | 25 | ₹20,500 |
Qualification asked
- 10th pass62% · 16
- 12th pass35% · 9
- Graduate4% · 1
Localities
Collection/Recovery Manager salary by area of Mumbai
| Area | Posts | Median / month |
|---|---|---|
| Virar | 3 | — |
| Thane | 2 | — |
| Andheri | 2 | — |
| Andheri East | 2 | — |
| Malad West | 2 | — |
| Airoli | 1 | — |
| All Mumbai | 1 | — |
| Belapur | 1 | — |
Compare
Mumbai vs other places
| Place | Median / month | vs here | Posts |
|---|---|---|---|
| Mumbai | ₹20,500 | — | 25 |
| Maharashtra (state) | ₹21,000 | +2% | 45 |
| India | ₹22,500 | +10% | 135 |
Market
Who is hiring in Mumbai
1 new posts in the last 30 days.
- Aarna Services & Solutions3
- Svasti Microfinance Private Limited ()2
- Angel Recruiting1
- Basu Business Solution India Pvt.Ltd1
- Genetics Cryobank Llp1
- Indiana Bearings Pvt Ltd1
- Jobgain Hr Solutions Private Limited1
- Twiite Business1
Real offers
Recent Collection/Recovery Manager posts with pay
- Collection/Recovery ManagerDoshi Jain And Co · Mumbai · 1–2 yrs · 23 days ago₹16,500 – ₹21,000/month
- Collection/Recovery ManagerEmerald Associates · Mumbai · 2+ yrs · 7 Oct₹30,000 – ₹35,000/month
- Collection/Recovery ManagerAarna Services & Solutions · Mumbai · 2+ yrs · 1 Oct₹25,000 – ₹40,000/month
- Collection/Recovery ManagerS V Enterprise · Mumbai · 1–2 yrs · 30 Sept₹17,000 – ₹25,000/month
- Collection/Recovery ManagerFinegde Outsorcing Pvt Ltd · Mumbai · 1–2 yrs · 30 Sept₹11,000 – ₹30,000/month
- Collection/Recovery ManagerSvasti Microfinance Private Limited () · Mumbai · Fresher · 30 Sept₹16,000 – ₹18,000/month
Frequently asked questions
What is the Collection/Recovery Manager salary in Mumbai?
The median advertised salary is ₹20,500 a month across 25 current job posts. Most offers fall between ₹19,000 and ₹25,800, and 10% of posts pay ₹32,500 or more.
What is the Collection/Recovery Manager salary for freshers in Mumbai?
Posts open to freshers (0 years) advertise a median of ₹17,000 a month, based on 7 jobs.
What do Collection/Recovery Manager jobs pay experienced candidates in Mumbai?
1–2 years: ₹22,500 a month (median of posts asking for that experience).
Is Collection/Recovery Manager pay in Mumbai higher than in the rest of Maharashtra?
It is about the same: ₹20,500 in Mumbai against ₹21,000 across Maharashtra.
How is this salary data calculated?
From 25 active job posts for Collection/Recovery Manager in Mumbai on BetterJobs that state a salary. Pay is converted to a monthly amount and rounded to the nearest ₹100; last updated 14 November 2026.
For employers
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