Mahindra & Mahindra Collections Manager Salaries by 20+ Employees (Updated 2025)

1 - 11 years exp.

₹1.9 Lakh - ₹5 Lakhs

Salary of majority employees

28% less than the average Collections Manager Salary in Automobile Companies for 1 - 11 years of experience

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Salaries in different departments

Finance & Accounting Collections Manager Salary 1 - 8 years exp. (12 salaries)	₹2.2 L/yr - ₹4.6 L/yr
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BFSI, Investments & Trading Collections Manager Salary 5 - 10 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.5 L/yr

Last Updated: 2 Oct 2024

Companies similar to Mahindra & Mahindra for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Tata Motors Collections Manager Salary 0 - 9 years exp. (4 salaries)	₹2.5 L/yr - ₹3.7 L/yr 9% less
Hero MotoCorp Collections Manager Salary 4 - 14 years exp. (4 salaries)	₹5.5 L/yr - ₹8 L/yr 73% more
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Bajaj Auto Collections Manager Salary 3 - 8 years exp. (28 salaries)	₹2.4 L/yr - ₹8 L/yr 12% more
Hinduja Group Collections Manager Salary 8 - 11 years exp. (3 salaries)	₹3.2 L/yr - ₹5.6 L/yr 20% more
Bajaj Group Collections Manager Salary 4 - 7 years exp. (3 salaries)	₹4.1 L/yr - ₹5.1 L/yr 19% more

Collections Manager salary at Mahindra & Mahindra ranges between ₹1.9 Lakh to ₹5 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 22 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Collections Manager salaries

Last Updated: 2 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.5 L/yr
2 years (4 salaries)	₹2.3 L/yr - ₹4 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.8 L/yr
4 years (4 salaries)	₹1.9 L/yr - ₹6.9 L/yr
5 years (4 salaries)	₹1.9 L/yr - ₹4.5 L/yr
6 years (3 salaries)	₹3.2 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.6 L/yr
9 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.7 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.8 L/yr
11 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr

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Similar Designation salaries in Mahindra & Mahindra

Collection Officer Salary

(28 salaries)

₹1.5 L/yr - ₹4.18 L/yr

Area Collection Manager Salary

(22 salaries)

₹3.3 L/yr - ₹10 L/yr

Collection Associate Salary

(5 salaries)

₹1.88 L/yr - ₹5.4 L/yr

Branch Collection Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Cluster Manager Salary

(21 salaries)

₹4.5 L/yr - ₹8.75 L/yr

Relationship Manager Salary

(62 salaries)

₹1.8 L/yr - ₹5.5 L/yr

Recovery Manager Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Branch Manager Salary

(34 salaries)

₹1.85 L/yr - ₹6 L/yr

Area Manager Salary

(71 salaries)

₹7.05 L/yr - ₹25 L/yr

Deputy Manager Salary

(2.8k salaries)

₹5.1 L/yr - ₹19 L/yr

Salary related reviews for Mahindra & Mahindra

4.4

Rated by 12 employees for salary & benefits

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

Deputy Manager in Pune

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 04 Oct 2018

3.0

for Salary and Benefits

Likes

Work Life Balance is good. Management keeps an eye on your learning needs. You are free to do innovation on your work area.

Skill development - Good

+1 more

Dislikes

Salary structure is very poor. Growth is very less compared to other automobile manufacturers.

Deputy Manager in Zaheerabad

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 30 Jan 2022

4.0

for Salary and Benefits

Likes

A lots of things to learn and u always get opportunity to prove yourself. Compensation is also good No issue of leaves

Salary - Good

+5 more

Dislikes

Production team has to do each and everything. Less support from CPE , RQA & PQA

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Mahindra & Mahindra Collections Manager Salary FAQs

What is the salary of Collections Manager at Mahindra & Mahindra?

Collections Manager salary at Mahindra & Mahindra in India ranges between ₹1.9 Lakhs to ₹5.0 Lakhs for experience between 1 years to 11 years. According to our estimates it is 28% less than the average Collections Manager Salary in India. Salary estimates are based on 22 latest salaries received from various employees of Mahindra & Mahindra India.

How does the salary of a Collections Manager at Mahindra & Mahindra India compare with the average salary range for this job?

The average salary of a Collections Manager at Mahindra & Mahindra is 28% less than the average salary of a Collections Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra & Mahindra to a Collections Manager in India?

Hero MotoCorp Collections Manager Salary - ₹5.5 Lakhs to ₹8.0 Lakhs per year
Hinduja Group Collections Manager Salary - ₹3.2 Lakhs to ₹5.6 Lakhs per year
Bajaj Group Collections Manager Salary - ₹4.1 Lakhs to ₹5.1 Lakhs per year
Bajaj Auto Collections Manager Salary - ₹2.4 Lakhs to ₹8.0 Lakhs per year

What is the salary of a Collections Manager in companies similar to Mahindra & Mahindra in India?

Tata Motors Collections Manager Salary - ₹2.5 Lakhs to ₹3.7 Lakhs per year

What is the estimated take home salary of a Collections Manager at Mahindra & Mahindra in India?

The estimated take-home salary of a Collections Manager at Mahindra & Mahindra ranges between ₹29,527 per month to ₹30,898 per month in India. The take-home salary calculation is based on the average Mahindra & Mahindra Collections Manager salary in India which ranges between ₹1.9 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Collections Manager at Mahindra & Mahindra?

According to AmbitionBox, 45% of the Mahindra & Mahindra Collections Managers reported a notice period of 3 Months, 37% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Collections Manager Salaries

Mahindra & Mahindra Collections Manager salary in India ranges between ₹1.9 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.