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

3 - 6 years exp.

₹2.4 Lakhs - ₹3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Collection Officer Salary in NBFC Companies for 3 - 6 years of experience

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Salaries in different departments

Finance & Accounting Collection Officer Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.5 L/yr
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Sales & Business Development Collection Officer Salary 6 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

Last Updated: 19 Feb 2025

Companies similar to Mahindra Finance for Collection Officer in Pune

Mahindra Finance Collection Officer Salary

3 - 6 years exp. (3 salaries)

₹2.4 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Collection Officer Salary 0 - 6 years exp. (10 salaries)	₹1.7 L/yr - ₹4.8 L/yr 35% more
Sammaan Capital Limited Collection Officer Salary 1 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3 L/yr 3% less
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Muthoot Fincorp Collection Officer Salary 1 - 4 years exp. (3 salaries)	₹2.3 L/yr - ₹2.7 L/yr 5% less
Dhani Loans and Services Collection Officer Salary 0 - 6 years exp. (33 salaries)	₹2.1 L/yr - ₹3.5 L/yr 6% less
HDFC Bank Collection Officer Salary 0 - 7 years exp. (22 salaries)	₹1.4 L/yr - ₹3.4 L/yr 9% less

Collection Officer salary at Mahindra Finance ranges between ₹2.4 Lakhs to ₹3 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Collection Officer salaries in Pune

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Mahindra Finance

Branch Manager Salary

(4 salaries)

₹2.35 L/yr - ₹5.89 L/yr

Senior Collection Executive Salary

(4 salaries)

₹3.8 L/yr - ₹4.8 L/yr

Relationship Manager Salary

(3 salaries)

₹2.95 L/yr - ₹5.5 L/yr

Credit Officer Salary

(3 salaries)

₹2.4 L/yr - ₹3.35 L/yr

Branch Accounts Manager Salary

(3 salaries)

₹4.12 L/yr - ₹5.2 L/yr

Top skills at Mahindra Finance for Collection Officer

Collections Debt Collection Debt Recovery Collection Management Debt Collections Recovery Direct Sales Debt Management Field Collections Sales Cash Collection Field Sales Recovery Debt Recovery

Salary related reviews for Mahindra Finance

4.8

Rated by 2 employees for salary & benefits

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 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.

Back Office Executive in Faizabad

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 07 Jul 2023

1.0

for Salary and Benefits

Likes

ONLY TO KNOW THAT HOW NBFC ARE WORKING AND WHAT ARE THIER PROCEDURE TO FIVE LOAN TO THE CUSTOMERS..

Dislikes

NO FAIR APRRAISAL & PROMOTIONS TO THE EMPLOYEES. IN A VERY SMALL SALARY LOTS OF WORK TO THE EMPLOYEE...AND MOST IMPORTANTLY FAVOURTISM AND REFERENCES WORKS INSTEAD OF HARDWORK HERE...

Salary - Bad

+6 more

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Mahindra Finance Collection Officer Salary FAQs

How the salary growth look like for a Collection Officer at Mahindra Finance in Pune?

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

Experience	Average Salary Range
3 years	₹2.4 Lakhs to ₹3.0 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
5 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
6 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Mahindra Finance Collection Officer Salaries in Pune

Mahindra Finance Collection Officer salary in Pune ranges between ₹2.4 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Finance latest salaries received from various employees of Mahindra Finance.