Mahindra Finance Bangalore / Bengaluru Area Collection Manager Salaries by 10 Employees (Updated 2025)

8 - 15 years exp.

₹4.1 Lakhs - ₹11.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

23% less than the average Area Collection Manager Salary in NBFC Companies for 8 - 15 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Customer Success, Service & Operations Area Collection Manager Salary 11 - 13 years exp. (4 salaries)	₹6.8 L/yr - ₹7.5 L/yr
Finance & Accounting Area Collection Manager Salary 8 - 13 years exp. (4 salaries)	₹4.1 L/yr - ₹7.6 L/yr
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BFSI, Investments & Trading Area Collection Manager Salary 15 years exp. (AmbitionBox Estimate)	₹6.4 L/yr - ₹11.5 L/yr

Last Updated: 5 Jan 2025

Companies similar to Mahindra Finance for Area Collection Manager in Bangalore / Bengaluru

Mahindra Finance Area Collection Manager Salary

8 - 15 years exp. (10 salaries)

₹4.1 L/yr - ₹11.5 L/yr

Company name	Avg Annual Salary	Open Jobs
L&T Finance Area Collection Manager Salary 5 - 15 years exp. (16 salaries)	₹4.8 L/yr - ₹12.5 L/yr 25% more
Bajaj Finance Area Collection Manager Salary 5 - 15 years exp. (15 salaries)	₹7 L/yr - ₹12 L/yr 42% more
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TVS Credit Area Collection Manager Salary 8 - 18 years exp. (4 salaries)	₹10 L/yr - ₹15 L/yr 83% more
Kotak Mahindra Prime Area Collection Manager Salary 9 - 12 years exp. (3 salaries)	₹6.4 L/yr - ₹11 L/yr 37% more
Sundaram Finance Area Collection Manager Salary 22 - 24 years exp. (3 salaries)	₹12.1 L/yr - ₹17.5 L/yr 115% more

Area Collection Manager salary at Mahindra Finance ranges between ₹4.1 Lakhs to ₹11.5 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 10 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Area Collection Manager salaries in Bangalore / Bengaluru

Last Updated: 5 Jan 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
9 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
Login to view exact salary
10 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
11 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
12 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
13 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
14 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
15+ years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr

View all

From

Area Collection Manager

₹

Lakhs/yr

8 - 16 years exp.

Divisional Manager

₹

Lakhs/yr

9 - 24 years exp.

Area Collection Manager 8 - 16 years exp.

Area Business Manager 5 - 18 years exp.

30% hike

Divisional Manager 9 - 24 years exp.

104% 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

Collections Manager Salary

(3 salaries)

₹3.11 L/yr - ₹4.05 L/yr

Top skills at Mahindra Finance for Area Collection Manager

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

Salary related reviews for Mahindra Finance

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

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

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Mahindra Finance Area Collection Manager Salary FAQs

What is the salary of Area Collection Manager at Mahindra Finance in Bangalore / Bengaluru?

The average salary of a Area Collection Manager at Mahindra Finance in Bangalore / Bengaluru typically ranges from ₹4.1 Lakhs to ₹11.5 Lakhs per year, depending on experience (from 8 years to 15 years).

The top 10% of Area Collection Manager in Bangalore / Bengaluru at Mahindra Finance earn more than ₹9.5 Lakhs per year, and the top 1% earn over ₹11.5 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 10 Mahindra Finance employees in India.

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

The estimated take-home salary of a Area Collection Manager at Mahindra Finance in Bangalore / Bengaluru typically ranges from ₹52,644 to ₹53,953 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹11.5 Lakhs per year for employees with experience ranging from 8 years to 15 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 10 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 in Bangalore / Bengaluru?

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

- Loan Recovery
- Collection Management
- Collection Management
- Collections
- Collections

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?

Sundaram Finance	₹12.1 Lakhs to ₹17.5 Lakhs per year
TVS Credit	₹10.0 Lakhs to ₹15.0 Lakhs per year
Bajaj Finance	₹7.0 Lakhs to ₹12.0 Lakhs per year
Kotak Mahindra Prime	₹6.4 Lakhs to ₹11.0 Lakhs per year
L&T Finance	₹4.8 Lakhs to ₹12.5 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.

How the salary growth look like for a Area Collection Manager at Mahindra Finance in Bangalore / Bengaluru?

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

Experience	Average Salary Range
8 years	₹5.7 Lakhs to ₹7.3 Lakhs per year
9 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
10 years	₹6.0 Lakhs to ₹7.7 Lakhs per year
11 years	₹6.2 Lakhs to ₹7.9 Lakhs per year

and so on.

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Mahindra Finance Area Collection Manager Salaries in Bangalore / Bengaluru

Mahindra Finance Area Collection Manager salary in Bangalore / Bengaluru ranges between ₹4.1 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

Mahindra Finance Area Collection Manager salaries in Bangalore / Bengaluru (Updated 2025)

Companies similar to Mahindra Finance for Area Collection Manager in Bangalore / Bengaluru

Latest annual salaries shared by Mahindra Finance Area Collection Manager in Bangalore / Bengaluru

Experience wise Mahindra Finance Area Collection Manager salaries in Bangalore / Bengaluru

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.