Mahindra & Mahindra New Delhi Collections Manager Salaries by 4 Employees (Updated 2024)

5 - 8 years exp.

₹4.3 Lakhs - ₹5.1 Lakhs

Salary of majority employees

17% less than the average Collections Manager Salary in Automobile Companies for 5 - 8 years of experience

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Salaries in different departments

Finance & Accounting Collections Manager Salary 6 - 8 years exp. (3 salaries)	₹4.3 L/yr - ₹4.6 L/yr
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BFSI, Investments & Trading Collections Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.1 L/yr

Last Updated: 8 Apr 2024

Companies similar to Mahindra & Mahindra for Collections Manager in New Delhi

Mahindra & Mahindra Collections Manager Salary

5 - 8 years exp. (4 salaries)

₹4.3 L/yr - ₹5.1 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collections Manager Salary 2 - 18 years exp. (193 salaries)	₹3 L/yr - ₹11 L/yr 49% more	1 job opening
HDB Financial Services Collections Manager Salary 1 - 17 years exp. (89 salaries)	₹2 L/yr - ₹8.6 L/yr 28% more	3 job openings
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IDFC FIRST Bank Collections Manager Salary 1 - 11 years exp. (61 salaries)	₹2.9 L/yr - ₹10 L/yr 48% more
Kotak Mahindra Bank Collections Manager Salary 3 - 14 years exp. (49 salaries)	₹2.1 L/yr - ₹8.5 L/yr 28% more
Bajaj Finance Collections Manager Salary 0 - 10 years exp. (42 salaries)	₹2.5 L/yr - ₹7.3 L/yr 6% more

Collections Manager salary at Mahindra & Mahindra ranges between ₹4.3 Lakhs to ₹5.1 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Collections Manager salaries in New Delhi

Last Updated: 8 Apr 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.4 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.5 L/yr
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7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹8.7 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹8.8 L/yr

Similar Designation salaries in Mahindra & Mahindra

Relationship Manager Salary

(11 salaries)

₹2.75 L/yr - ₹4.2 L/yr

Area Manager Salary

(10 salaries)

₹7 L/yr - ₹22 L/yr

Salary related reviews for Mahindra & Mahindra

5.0

Rated by 1 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.

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

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.

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.

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.

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

Dislikes

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

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mahindra & Mahindra Collections Manager Salary FAQs

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

Collections Manager salary at Mahindra & Mahindra in New Delhi ranges between ₹4.3 Lakhs to ₹5.1 Lakhs for experience between 5 years to 8 years. According to our estimates it is 17% less than the average Collections Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra New Delhi.

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

The average salary of a Collections Manager at Mahindra & Mahindra is 17% less than the average salary of a Collections Manager in New Delhi. To know exact salary insights, login to view.

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

HDFC Bank Collections Manager Salary - ₹3.0 Lakhs to ₹11.0 Lakhs per year
IDFC FIRST Bank Collections Manager Salary - ₹2.9 Lakhs to ₹10.0 Lakhs per year
HDB Financial Services Collections Manager Salary - ₹2.0 Lakhs to ₹8.6 Lakhs per year
Kotak Mahindra Bank Collections Manager Salary - ₹2.1 Lakhs to ₹8.5 Lakhs per year
Bajaj Finance Collections Manager Salary - ₹2.5 Lakhs to ₹7.3 Lakhs per year

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

The estimated take-home salary of a Collections Manager at Mahindra & Mahindra ranges between ₹35,494 per month to ₹36,727 per month in New Delhi. The take-home salary calculation is based on the average Mahindra & Mahindra Collections Manager salary in India which ranges between ₹4.3 Lakhs to ₹5.1 Lakhs per year for employees with experience between 5 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Mahindra & Mahindra Collections Managers in New Delhi reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Collections Manager Salaries in New Delhi

Mahindra & Mahindra Collections Manager salary in New Delhi ranges between ₹4.3 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.