Mahindra Finance Area Collection Manager Salaries by 70+ Employees (Updated 2025)

8 - 16 years exp.

₹3.8 Lakhs - ₹11.6 Lakhs

Salary of majority employees

27% less than the average Area Collection Manager Salary in NBFC Companies for 8 - 16 years of experience

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Salaries in different departments

Finance & Accounting Area Collection Manager Salary 8 - 16 years exp. (29 salaries)	₹3.8 L/yr - ₹11.6 L/yr
BFSI, Investments & Trading Area Collection Manager Salary 9 - 16 years exp. (14 salaries)	₹4 L/yr - ₹11.5 L/yr
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Customer Success, Service & Operations Area Collection Manager Salary 9 - 16 years exp. (13 salaries)	₹5.2 L/yr - ₹8.5 L/yr
Sales & Business Development Area Collection Manager Salary 8 - 11 years exp. (4 salaries)	₹3.8 L/yr - ₹7.2 L/yr

Last Updated: 17 Mar 2025

Companies similar to Mahindra Finance for Area Collection Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Area Collection Manager Salary 5 - 15 years exp. (226 salaries)	₹5.1 L/yr - ₹18 L/yr 55% more
HDB Financial Services Area Collection Manager Salary 10 - 19 years exp. (148 salaries)	₹7 L/yr - ₹17.4 L/yr 78% more
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L&T Finance Area Collection Manager Salary 5 - 16 years exp. (135 salaries)	₹3.5 L/yr - ₹12.5 L/yr 17% more
TVS Credit Area Collection Manager Salary 7 - 18 years exp. (100 salaries)	₹7.1 L/yr - ₹17.5 L/yr 89% more
Kotak Mahindra Prime Area Collection Manager Salary 8 - 15 years exp. (34 salaries)	₹6.3 L/yr - ₹14.3 L/yr 46% more
Aavas Financiers Area Collection Manager Salary 2 - 8 years exp. (27 salaries)	₹3.3 L/yr - ₹6 L/yr 32% less
Sammaan Capital Limited Area Collection Manager Salary 6 - 19 years exp. (24 salaries)	₹4.7 L/yr - ₹10 L/yr 14% more
SMFG India Credit Area Collection Manager Salary 3 - 18 years exp. (22 salaries)	₹3.1 L/yr - ₹9.3 L/yr 1% less
Capri Global Capital Area Collection Manager Salary 7 - 16 years exp. (21 salaries)	₹5.4 L/yr - ₹12.1 L/yr 37% more
LendingKart Area Collection Manager Salary 7 - 16 years exp. (15 salaries)	₹6.3 L/yr - ₹17 L/yr 50% more

View all

Area Collection Manager salary at Mahindra Finance ranges between ₹3.8 Lakhs to ₹11.6 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 77 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Area Collection Manager salaries

Last Updated: 17 Mar 2025

Experience	Avg Annual Salary
8 years (11 salaries)	₹3.8 L/yr - ₹6.5 L/yr
9 years (8 salaries)	₹3.8 L/yr - ₹6.5 L/yr
Login to view exact salary
10 years (8 salaries)	₹3.8 L/yr - ₹11.2 L/yr
11 years (10 salaries)	₹4.8 L/yr - ₹8.9 L/yr
12 years (9 salaries)	₹5.3 L/yr - ₹10 L/yr
13 years (12 salaries)	₹4.8 L/yr - ₹8.5 L/yr
14 years (7 salaries)	₹5.4 L/yr - ₹7.5 L/yr
15+ years (12 salaries)	₹5 L/yr - ₹11.6 L/yr

View all

From

Area Collection Manager

₹

Lakhs/yr

8 - 16 years exp.

Divisional Manager

₹

Lakhs/yr

9 - 22 years exp.

Area Collection Manager 8 - 16 years exp.

Area Business Manager 5 - 18 years exp.

31% hike

Divisional Manager 9 - 22 years exp.

96% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Mahindra Finance

Zonal Collection Manager Salary

(3 salaries)

₹7.5 L/yr - ₹25.5 L/yr

Branch Collection Manager Salary

(5 salaries)

₹2 L/yr - ₹3.65 L/yr

Collections Manager Salary

(73 salaries)

₹1.5 L/yr - ₹5.5 L/yr

Senior Area Collection Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Regional Collection Manager Salary

(5 salaries)

₹15 L/yr - ₹23 L/yr

Territory Collection Manager Salary

(3 salaries)

₹3 L/yr - ₹5.4 L/yr

Collection Officer Salary

(144 salaries)

₹1.5 L/yr - ₹4.5 L/yr

Senior Collection Officer Salary

(26 salaries)

₹2.3 L/yr - ₹5.1 L/yr

Area Manager Salary

(95 salaries)

₹3.07 L/yr - ₹14 L/yr

Recovery Manager Salary

(5 salaries)

₹3.1 L/yr - ₹4.5 L/yr

Top skills at Mahindra Finance for Area Collection Manager

Collection Management Collections Collection Management Team Handling Loan Recovery Recovery Collections Debt Recovery Team Handling Retail Sales Field Collections Recovery Management Collateral Management Debt Collection Sales

Salary related reviews for Mahindra Finance

3.4

Rated by 92 employees for salary & benefits

Sales Executive in Salem

Full Time

Finance & Accounting Department

2.0

• posted on 02 Mar 2025

1.0

for Salary and Benefits

Likes

Can learn everything thing

Skill development - Good

Dislikes

They will never promote genuine employee never give a pay rise no bonus no grade change like a slave You can work there for 5+ years with the same salary even your managers will not support you for promotions and salary hike

Salary - Bad

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 29 Oct 2024

5.0

for Salary and Benefits

Likes

...nt is preety good here. Ambience, work desk , cafeteria everything is top notch. Even the salary gets credited 2-3 days before the month ends.

Salary - Excellent

+6 more

Dislikes

So far no issues.

Collections Manager in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 21 Jun 2023

4.0

for Salary and Benefits

Likes

Mahindra and Mahindra company is very best industry, this company staff & senior is very helpfull , & company culture and company timing is the best.

Salary - Good

+3 more

Dislikes

Mahindra and Mahindra company neither promotes it's employee nor increase the salary in appraisal.

Promotions - Poor

Relationship Manager in Chandigarh

Full Time

Sales & Business Development Department

1.0

• posted on 31 Jul 2020

1.0

for Salary and Benefits

Likes

Nothing that i like about this company. They have deducted huge part of the salary (Fixed + Variable) of the employees. They have rather ditched us during the COVID 19 lockdown by deducting such a huge amount from our packages. Facing economic difficulties now due to this problem. No one is there to address to our grievances.

Dislikes

...ed targets, Last years appraisals not done with an excuse of COVID 19 impact. Huge salary cuts from existing package which has taken us 4-5 years back in terms of or career path. Blocked huge amount of salary till March 2021 so that nobody can leave the company. Career growth here is horrible.The one with good references internally can grow within the system. Lot of politics going on around the work place. Employee opinion on innovation and work related ideas is least considered. Travel expenses,Telephone expenses,Petrol/diesel expenses are stopped. Employees paying from their own pocket.

Salary - Bad

+6 more

Collection Officer in Dehradoon

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 13 Nov 2022

1.0

for Salary and Benefits

Likes

There is nothing to say on this matter... Because its really unworthy to work on this company.

Dislikes

...ny. 4- high authority recommended person will get promoted rather than others. 5- doesn't want to pay their employes good enough as others companies do 6- very poor incentive slabs and criteria. Many more........things to be change..

Salary - Bad

+5 more

see more salary related reviews

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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 Finance Area Collection Manager Salary FAQs

What is the salary of Area Collection Manager at Mahindra Finance ?

The average salary of a Area Collection Manager at Mahindra Finance in India typically ranges from ₹3.8 Lakhs to ₹11.6 Lakhs per year, depending on experience (from 8 years to 16 years).

The top 10% of Area Collection Manager at Mahindra Finance earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹11.6 Lakhs per year. Area Collection Manager Salaries at Mahindra Finance 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 70+ Mahindra Finance employees in India.

What is the estimated take home salary of a Area Collection Manager at Mahindra Finance in India?

The estimated take-home salary of a Area Collection Manager at Mahindra Finance in India typically ranges from ₹50,363 to ₹51,552 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹11.6 Lakhs per year for employees with experience ranging from 8 years to 16 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 70+ salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Area Collection Manager at Mahindra Finance ?

To be a Area Collection Manager at Mahindra Finance in india, the key skills required include:

- Collection Management
- Collections
- Collection Management
- Team Handling
- Loan Recovery

These skills are highly valued at Mahindra Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Mahindra Finance for Area Collection Manager in India?

Mahindra Rural Housing Finance	₹8.0 Lakhs to ₹22.0 Lakhs per year
Tata Capital Housing Finance	₹10.9 Lakhs to ₹16.2 Lakhs per year
Sundaram Finance	₹12.1 Lakhs to ₹17.5 Lakhs per year
TVS Credit	₹7.1 Lakhs to ₹17.5 Lakhs per year
John Deere Financial	₹8.3 Lakhs to ₹13.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Finance, depending on the role and experience level.

What is the salary of a Area Collection Manager in companies similar to Mahindra Finance in India?

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

HDB Financial Services	₹7.0 Lakhs to ₹17.4 Lakhs per year
PNB Housing Finance	₹5.0 Lakhs to ₹17.5 Lakhs per year
Manappuram Finance	₹8.6 Lakhs to ₹17.9 Lakhs per year
Bajaj Finance	₹5.1 Lakhs to ₹18.0 Lakhs per year
LendingKart	₹6.3 Lakhs to ₹17.0 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 Area Collection Manager at Mahindra Finance in India?

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

Experience	Average Salary Range
8 years	₹3.8 Lakhs to ₹6.5 Lakhs per year
9 years	₹3.8 Lakhs to ₹6.5 Lakhs per year
10 years	₹3.8 Lakhs to ₹11.2 Lakhs per year
11 years	₹4.8 Lakhs to ₹8.9 Lakhs per year

and so on.

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Mahindra Finance Area Collection Manager Salaries

Mahindra Finance Area Collection Manager salary in India ranges between ₹3.8 Lakhs to ₹11.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 77 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

Mahindra Finance Area Collection Manager salaries in India (Updated 2025)

Companies similar to Mahindra Finance for Area Collection Manager

Latest annual salaries shared by Mahindra Finance Area Collection Manager

Experience wise Mahindra Finance Area Collection Manager salaries

Similar Designation salaries in Mahindra Finance

Top skills at Mahindra Finance for Area Collection Manager

Salary related reviews for Mahindra Finance

Sales Executive in Salem

Deputy Manager in Mumbai

Collections Manager in New Delhi

Relationship Manager in Chandigarh

Collection Officer in Dehradoon

Mahindra Finance Area Collection Manager Salary FAQs

Tell us how to improve this page.

Mahindra Finance Area Collection Manager Salaries by Location