Mahindra Finance Nagpur Area Collection Manager Salaries by 3 Employees (Updated 2025)

12 - 17 years exp.

₹6.5 Lakhs - ₹9 Lakhs

Low Confidence

Salary of majority employees

21% less than the average Area Collection Manager Salary in NBFC Companies for 12 - 17 years of experience

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Last Updated: 8 Jul 2024

Companies similar to Mahindra Finance for Area Collection Manager in Nagpur

Mahindra Finance Area Collection Manager Salary

12 - 17 years exp. (3 salaries)

₹6.5 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Area Collection Manager Salary 4 - 15 years exp. (12 salaries)	₹6.5 L/yr - ₹16.8 L/yr 49% more
ICICI Bank Area Collection Manager Salary 9 - 15 years exp. (7 salaries)	₹6.5 L/yr - ₹12 L/yr 50% more
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Cholamandalam Investment & Finance Area Collection Manager Salary 15 - 17 years exp. (5 salaries)	₹8 L/yr - ₹13 L/yr 48% more
SMFG India Credit Area Collection Manager Salary 15 - 17 years exp. (4 salaries)	₹3.8 L/yr - ₹9.2 L/yr 7% less
Jana Small Finance Bank Area Collection Manager Salary 4 - 11 years exp. (15 salaries)	₹2.3 L/yr - ₹4.6 L/yr 46% less

Area Collection Manager salary at Mahindra Finance ranges between ₹6.5 Lakhs to ₹9 Lakhs per year for employees with experience between 12 years to 17 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Area Collection Manager salaries in Nagpur

Last Updated: 8 Jul 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹12.6 L/yr
13 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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14 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
15+ years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9 L/yr

From

Area Collection Manager

₹

Lakhs/yr

7 - 17 years exp.

Divisional Manager

₹

Lakhs/yr

9 - 23 years exp.

Area Collection Manager 7 - 17 years exp.

Area Business Manager 5 - 18 years exp.

26% hike

Divisional Manager 9 - 23 years exp.

103% 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

Collection Officer Salary

(3 salaries)

₹2.7 L/yr - ₹4 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

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

Sales Executive in Derabassi

Finance & Accounting Department

5.0

• posted on 19 Feb 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture.Teammates ase suppotive and the management is transparent. Company policies are good , appraisal are fair.

Salary - Excellent

+5 more

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joinees.

see more salary related reviews

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Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Mahindra Finance Area Collection Manager Salary FAQs

What is the notice period for Area Collection Manager at Mahindra Finance in Nagpur?

According to AmbitionBox, 100% of the Mahindra Finance Area Collection Managers in Nagpur reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Mahindra Finance Area Collection Manager Salaries in Nagpur

Mahindra Finance Area Collection Manager salary in Nagpur ranges between ₹6.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Finance latest salaries received from various employees of Mahindra Finance.