Mahindra & Mahindra Collection Associate Salaries by 5 Employees (Updated 2025)

1 - 10 years exp.

₹1.9 Lakh - ₹5.4 Lakhs

Low Confidence

Salary of majority employees

6% more than the average Collection Associate Salary in Automobile Companies for 1 - 10 years of experience

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Last Updated: 9 Feb 2025

Companies similar to Mahindra & Mahindra for Collection Associate

Company name	Avg Annual Salary	Open Jobs
Tata Motors Collection Associate Salary 1 - 7 years exp. (5 salaries)	₹1.5 L/yr - ₹5.3 L/yr 7% less
HDB Financial Services Collection Associate Salary 0 - 12 years exp. (343 salaries)	₹1.7 L/yr - ₹4.7 L/yr 5% less	4 job openings
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Vivifi India Finance Collection Associate Salary 0 - 3 years exp. (165 salaries)	₹2.2 L/yr - ₹3.8 L/yr 13% less
DCB Bank Collection Associate Salary 3 - 9 years exp. (53 salaries)	₹2.2 L/yr - ₹4.3 L/yr 1% less
Home Credit Finance Collection Associate Salary 1 - 7 years exp. (32 salaries)	₹1.4 L/yr - ₹3.5 L/yr 25% less

Collection Associate salary at Mahindra & Mahindra ranges between ₹1.9 Lakh to ₹5.4 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Collection Associate salaries

Last Updated: 9 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹1.9 L/yr
2 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.5 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.4 L/yr

View all

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Salary related reviews for Mahindra & Mahindra

3.7

Rated by 3 employees for salary & benefits

Senior Associate in Lucknow

Full Time

Finance & Accounting Department

3.0

• posted on 18 Nov 2024

3.0

for Salary and Benefits

Likes

Work culture Some say that the work culture is good and that the company is people friendly.

Skill development - Good

Dislikes

Salary: Some say that the salary is low compared to the job description Growth: Some say that there is slow growth for existing employees Work-life balance: Some say that the work-life balance is unstable Management: Some say that there is too much hierarchical management

Promotions - Poor

Deputy Manager in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 28 Dec 2023

3.0

for Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

Skill development - Good

+3 more

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

Deputy Manager in Mumbai

Full Time

Project & Program Management Department

5.0

• posted on 15 May 2023

5.0

for Salary and Benefits

Likes

Alternate Saturday off .....good work culture

Salary - Excellent

+5 more

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

Deputy Manager in Pune

Full Time

Research & Development Department

2.0

• posted on 12 Mar 2023

1.0

for Salary and Benefits

Likes

You have decision making power which helps in gaining experience hands-on.

Job security - Good

Dislikes

Work life balance, appraisal, salary benefits are in no way linked to your performance. It's all driven by internal politics. Never trust any promise made by senior management or HR department at Mahindra. 0% reliability.

Salary - Bad

+5 more

Sales Manager in Raipur

Full Time

Data Science & Analytics Department

1.0

• posted on 08 Jun 2019

1.0

for Salary and Benefits

Likes

Working for mahindra is good but when it comes to mahindra dealership it is complete terrible salary package is worst incentives which is told by dealer are never given by them Sales Executise are treated in a very bad manner Overall working for dealerships are at it worsy

Dislikes

Salary - Bad
Skill development - Bad

+4 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Mahindra & Mahindra Collection Associate Salary FAQs

What is the salary of Collection Associate at Mahindra & Mahindra ?

The average salary of a Collection Associate at Mahindra & Mahindra in India typically ranges from ₹1.9 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Collection Associate at Mahindra & Mahindra earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Collection Associate Salaries at Mahindra & Mahindra 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 5 Mahindra & Mahindra employees in India.

What is the estimated take home salary of a Collection Associate at Mahindra & Mahindra in India?

The estimated take-home salary of a Collection Associate at Mahindra & Mahindra in India typically ranges from ₹24,124 to ₹25,576 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 1 year 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 5 salaries received from various employees of Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Collection Associate in companies similar to Mahindra & Mahindra in India?

The salary of a Collection Associate at companies similar to Mahindra & Mahindra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

DCB Bank	₹2.2 Lakhs to ₹4.3 Lakhs per year
HDB Financial Services	₹1.7 Lakhs to ₹4.7 Lakhs per year
Tata Motors	₹1.5 Lakhs to ₹5.3 Lakhs per year
Vivifi India Finance	₹2.2 Lakhs to ₹3.8 Lakhs per year
Home Credit Finance	₹1.4 Lakhs to ₹3.5 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 Collection Associate at Mahindra & Mahindra in India?

The salary growth for a Collection Associate at Mahindra & Mahindra depends on factors such as experience, performance, and promotions. On average, a Collection Associate can expect the following growth trajectory at Mahindra & Mahindra:

Experience	Average Salary Range
1 year	₹1.9 Lakhs to ₹1.9 Lakhs per year
2 years	₹0.8 Lakhs to ₹2.5 Lakhs per year
3 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
4 years	₹2.4 Lakhs to ₹5.0 Lakhs per year

and so on.

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Mahindra & Mahindra Collection Associate Salaries

Mahindra & Mahindra Collection Associate salary in India ranges between ₹1.9 Lakh to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.