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

Annual salary range
8 - 17 years exp.
₹3.8 Lakhs - ₹11.6 Lakhs
Salary of majority employees
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21% less than the average Area Collection Manager Salary in NBFC Companies for 8 - 17 years of experience

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Salaries in different departments

Finance & Accounting
Area Collection Manager Salary
8 - 17 years exp. (63 salaries)
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₹3.8 L/yr - ₹11.8 L/yr

BFSI, Investments & Trading
Area Collection Manager Salary
9 - 17 years exp. (36 salaries)
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₹4 L/yr - ₹11.8 L/yr

Customer Success, Service & Operations
Area Collection Manager Salary
9 - 17 years exp. (26 salaries)
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₹5.2 L/yr - ₹8.6 L/yr

Sales & Business Development
Area Collection Manager Salary
8 - 16 years exp. (9 salaries)
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₹3.8 L/yr - ₹11.1 L/yr

Last Updated: 1 Mar 2025

Companies similar to Mahindra Finance for Area Collection Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Area Collection Manager Salary

11 - 22 years exp. (176 salaries)

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₹6.3 L/yr - ₹22 L/yr

arrow icon 96% more
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Bajaj Finance Area Collection Manager Salary

4 - 15 years exp. (239 salaries)

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₹4.5 L/yr - ₹18 L/yr

arrow icon 48% more
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ICICI Bank Area Collection Manager Salary

9 - 17 years exp. (159 salaries)

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₹4.6 L/yr - ₹16 L/yr

arrow icon 50% more
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Axis Bank Area Collection Manager Salary

9 - 20 years exp. (169 salaries)

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₹6.5 L/yr - ₹21 L/yr

arrow icon 70% more
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₹6.1 L/yr - ₹16.3 L/yr

arrow icon 53% more
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₹4 L/yr - ₹16.8 L/yr

arrow icon 41% more
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L&T Finance Area Collection Manager Salary

5 - 16 years exp. (172 salaries)

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₹3.5 L/yr - ₹12 L/yr

arrow icon 8% more
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₹6.4 L/yr - ₹17.4 L/yr

arrow icon 67% more
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TVS Credit Area Collection Manager Salary

7 - 18 years exp. (102 salaries)

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₹7.1 L/yr - ₹17.5 L/yr

arrow icon 74% more
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₹6.3 L/yr - ₹14 L/yr

arrow icon 35% more
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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 17 years. Salary estimates are based on 186 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Area Collection Manager

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Experience wise Mahindra Finance Area Collection Manager salaries

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
8 years  (21 salaries)

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₹3.8 L/yr - ₹9.2 L/yr
9 years  (19 salaries)

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₹3.8 L/yr - ₹10.8 L/yr
10 years  (21 salaries)

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₹3.8 L/yr - ₹8.9 L/yr
11 years  (19 salaries)

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₹4.5 L/yr - ₹9 L/yr
12 years  (20 salaries)

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₹4.6 L/yr - ₹10 L/yr
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Mahindra Finance Area Collection Manager Salary and Career Growth

From

To

Area Collection Manager

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8 - 17 years exp.

Divisional Manager

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9 - 23 years exp.

Area Collection Manager 8 - 17 years exp.
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Area Business Manager 5 - 18 years exp.
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arrow icon 23% hike
    Divisional Manager 9 - 23 years exp.
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    arrow icon 105% 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
    (AmbitionBox Estimate)
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    ₹8.8 L/yr - ₹11.3 L/yr
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    ₹2 L/yr - ₹3.65 L/yr
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    ₹1.5 L/yr - ₹5.5 L/yr
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    ₹4.1 L/yr - ₹5.2 L/yr
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    ₹19.5 L/yr - ₹23 L/yr
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    ₹3 L/yr - ₹5.4 L/yr
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    ₹1.5 L/yr - ₹4.5 L/yr
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    ₹2.3 L/yr - ₹5.1 L/yr
    Area Manager Salary
    (96 salaries)
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    ₹3.08 L/yr - ₹12.5 L/yr
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    ₹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
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    Salary related reviews for Mahindra Finance

    3.4

    Rated by 91 employees for salary & benefits

    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

    read more
    • Salary - Bad
    • +4 more

    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.

    read more
    • Salary - Excellent
    • +6 more

    Dislikes

    So far no issues.

    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.

    read more
    • Salary - Good
    • +3 more

    Dislikes

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

    read more
    • Promotions - Poor

    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.

    read more

    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.

    read more
    • Salary - Bad
    • +6 more

    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..

    read more
    • Salary - Bad
    • +5 more
    see more salary related reviews

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    Mahindra Finance Area Collection Manager Salary FAQs

    What is the salary of Area Collection Manager at Mahindra Finance?
    Area Collection Manager salary at Mahindra Finance in India ranges between ₹3.8 Lakhs to ₹11.6 Lakhs for experience between 8 years to 17 years. According to our estimates it is 21% less than the average Area Collection Manager Salary in India. Salary estimates are based on 186 latest salaries received from various employees of Mahindra Finance India.
    How does the salary of a Area Collection Manager at Mahindra Finance India compare with the average salary range for this job?
    The average salary of a Area Collection Manager at Mahindra Finance is 21% less than the average salary of a Area Collection Manager in India. To know exact salary insights, login to view.
    What are the top skills required to work as a Area Collection Manager at Mahindra Finance?
    Collection Management, Collections, Collection Management, Team Handling and Loan Recovery are some of the popular skills required to work as a Area Collection Manager at Mahindra Finance India.
    Which similar companies are paying more than Mahindra Finance to a Area Collection Manager in India?
    • Mahindra Rural Housing Finance Area Collection Manager Salary - ₹8.0 Lakhs to ₹22.0 Lakhs per year
    • Tata Capital Housing Finance Area Collection Manager Salary - ₹10.9 Lakhs to ₹16.2 Lakhs per year
    • Sundaram Finance Area Collection Manager Salary - ₹12.1 Lakhs to ₹17.5 Lakhs per year
    • HDFC Bank Area Collection Manager Salary - ₹6.3 Lakhs to ₹22.0 Lakhs per year
    • Aditya Birla Capital Area Collection Manager Salary - ₹8.9 Lakhs to ₹19.1 Lakhs per year
    What is the salary of a Area Collection Manager in companies similar to Mahindra Finance in India?
    • TVS Credit Area Collection Manager Salary - ₹7.1 Lakhs to ₹17.5 Lakhs per year
    • Axis Bank Area Collection Manager Salary - ₹6.5 Lakhs to ₹21.0 Lakhs per year
    • HDB Financial Services Area Collection Manager Salary - ₹6.4 Lakhs to ₹17.4 Lakhs per year
    • PNB Housing Finance Area Collection Manager Salary - ₹5.0 Lakhs to ₹17.5 Lakhs per year
    • Edelweiss Area Collection Manager Salary - ₹7.5 Lakhs to ₹15.2 Lakhs per year
    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 ranges between ₹52,756 per month to ₹54,068 per month in India. The take-home salary calculation is based on the average Mahindra Finance Area Collection Manager salary in India which ranges between ₹3.8 Lakhs to ₹11.6 Lakhs per year for employees with experience between 8 years to 17 years. Check how did we calculate take home salary?
    What is the notice period for Area Collection Manager at Mahindra Finance?
    According to AmbitionBox, 81% of the Mahindra Finance Area Collection Managers reported a notice period of 3 Months, 7% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 231 responses on AmbitionBox in last 2 years.

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    Mahindra Finance Area Collection Manager salary in India ranges between ₹3.8 Lakhs to ₹11.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 186 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

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