Mahindra Automotives Recovery Executive Salaries by 4 Employees

3 - 5 years exp.

₹3 Lakhs - ₹3.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

24% more than the average Recovery Executive Salary in Automobile Companies for 3 - 5 years of experience

Interested in this particular role?

Last Updated: 16 Nov 2024

Companies similar to Mahindra Automotives for Recovery Executive

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Recovery Executive Salary 0 - 5 years exp. (6 salaries)	₹2 L/yr - ₹2.5 L/yr 22% less
Bajaj Auto Recovery Executive Salary 4 - 10 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 24% less
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Tata Motors Recovery Executive Salary 0 - 8 years exp. (3 salaries)	₹2.5 L/yr - ₹3.4 L/yr 8% less
Shriram Finance Recovery Executive Salary 0 - 6 years exp. (216 salaries)	₹1.2 L/yr - ₹3.5 L/yr 19% less
Bajaj Finance Recovery Executive Salary 1 - 8 years exp. (32 salaries)	₹1.2 L/yr - ₹3.5 L/yr 6% less

Recovery Executive salary at Mahindra Automotives ranges between ₹3 Lakhs to ₹3.1 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Automotives .

Experience wise Mahindra Automotives Recovery Executive salaries

Last Updated: 16 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr

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Salary related reviews for Mahindra Automotives

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Salary - Excellent

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Skill development - Excellent

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There is a lot of politics and the management doesn't adress our issues. Salary not decent and carrer growth is very slow. I worked on 3 years . There is a bond of 2 years and 6 months before which cannot resign on the job training is not given to new joinees and opportunities

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Manager- Customer Care (Technical Training) in Pune

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... private sector. If, someone's 10.00 lacs per annum CTC, the person will get 10.01 lacs as a gross salary.

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Mahindra Automotives Recovery Executive Salary FAQs

What is the salary of Recovery Executive at Mahindra Automotives ?

The average salary of a Recovery Executive at Mahindra Automotives in India typically ranges from ₹3.0 Lakhs to ₹3.1 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Recovery Executive at Mahindra Automotives earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Recovery Executive Salaries at Mahindra Automotives 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 4 Mahindra Automotives employees in India.

What is the estimated take home salary of a Recovery Executive at Mahindra Automotives in India?

The estimated take-home salary of a Recovery Executive at Mahindra Automotives in India typically ranges from ₹21,791 to ₹23,278 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from 3 years to 5 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 4 salaries received from various employees of Mahindra Automotives . Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Recovery Executive in companies similar to Mahindra Automotives in India?

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

Bajaj Finance	₹1.2 Lakhs to ₹3.5 Lakhs per year
Tata Motors	₹2.5 Lakhs to ₹3.4 Lakhs per year
Shriram Finance	₹1.2 Lakhs to ₹3.5 Lakhs per year
Mahindra & Mahindra	₹2.0 Lakhs to ₹2.5 Lakhs per year
Bajaj Auto	₹2.0 Lakhs to ₹3.0 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 Recovery Executive at Mahindra Automotives in India?

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

Experience	Average Salary Range
3 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
5 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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Mahindra Automotives Recovery Executive Salaries

Mahindra Automotives Recovery Executive salary in India ranges between ₹3 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Automotives latest salaries received from various employees of Mahindra Automotives .