The body was floating on the river when it was spotted by the relatives of missing persons who had arranged a boat to locate the bodies.
The deceased have been identified as Amanpreet Singh, a resident of Chahrmajra in Nawan Shahar, Punjab.
The body was handed over to the family after post-mortem, police said.
Yesterday, body of the guide was recovered and district administration is hopeful of recovering the remaining three bodies as well, they said.