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

1 - 4 years exp.

₹1.9 Lakh - ₹4.1 Lakhs

Low Confidence

Salary of majority employees

5% more than the average Area Collection Officer Salary in NBFC Companies for 1 - 4 years of experience

Interested in this particular role?

Last Updated: 30 Nov 2023

Companies similar to Mahindra Finance for Area Collection Officer

Company name	Avg Annual Salary	Open Jobs
L&T Finance Area Collection Officer Salary 2 - 4 years exp. (4 salaries)	₹1.7 L/yr - ₹2 L/yr 44% less

Area Collection Officer salary at Mahindra Finance ranges between ₹1.9 Lakh to ₹4.1 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Area Collection Officer salaries

Last Updated: 30 Nov 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr
3 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr

Similar Designation salaries in Mahindra Finance

Collection Officer Salary

(152 salaries)

₹1.5 L/yr - ₹4.78 L/yr

Area Collection Manager Salary

(185 salaries)

₹3.2 L/yr - ₹11.5 L/yr

Senior Collection Officer Salary

(24 salaries)

₹1.8 L/yr - ₹5.1 L/yr

Branch Collection Manager Salary

(5 salaries)

₹2 L/yr - ₹3.65 L/yr

Collections Manager Salary

(77 salaries)

₹1.5 L/yr - ₹5.5 L/yr

Relationship Officer Salary

(6 salaries)

₹2.8 L/yr - ₹2.96 L/yr

Sales Officer Salary

(56 salaries)

₹1.1 L/yr - ₹4.56 L/yr

Regional Collection Manager Salary

(4 salaries)

₹19.5 L/yr - ₹23 L/yr

Collection Associate Salary

(13 salaries)

₹2.18 L/yr - ₹3.5 L/yr

Field Officer Salary

(24 salaries)

₹1.8 L/yr - ₹4.6 L/yr

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.

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.

Dislikes

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

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.

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..

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.

Dislikes

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

Got a question about Mahindra Finance?

Ask anonymously on communities.

Mahindra Finance Area Collection Officer Salary FAQs

What is the notice period for Area Collection Officer at Mahindra Finance?

According to AmbitionBox, 50% of the Mahindra Finance Area Collection Officers reported a notice period of 15 days or less, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Mahindra Finance Salaries >
Mahindra Finance Area Collection Officer Salaries

Mahindra Finance Area Collection Officer salary in India ranges between ₹1.9 Lakh to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Finance latest salaries received from various employees of Mahindra Finance.