Mahindra Finance Ranchi Collection Officer Salaries by 4 Employees (Updated 2025)

2 - 8 years exp.

₹2 Lakhs - ₹3 Lakhs

Salary of majority employees

At par with the average Collection Officer Salary in NBFC Companies for 2 - 8 years of experience

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Salaries in different departments

Finance & Accounting Collection Officer Salary 2 - 8 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹3.5 L/yr
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Sales & Business Development Collection Officer Salary 5 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹3.2 L/yr

Last Updated: 22 Jan 2025

Companies similar to Mahindra Finance for Collection Officer in Ranchi

Mahindra Finance Collection Officer Salary

2 - 8 years exp. (4 salaries)

₹2 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Finance Collection Officer Salary 2 - 6 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 36% more
Login to view exact salary
Utkarsh Small Finance Bank Collection Officer Salary 2 - 5 years exp. (3 salaries)	₹1.4 L/yr - ₹3.5 L/yr 2% less	2 job openings

Collection Officer salary at Mahindra Finance ranges between ₹2 Lakhs to ₹3 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Collection Officer salaries in Ranchi

Last Updated: 22 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

View all

Similar Designation salaries in Mahindra Finance

Branch Accounts Manager Salary

(6 salaries)

₹3.45 L/yr - ₹7 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

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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Mahindra Finance Collection Officer Salary FAQs

What is the salary of Collection Officer at Mahindra Finance in Ranchi?

The average salary of a Collection Officer at Mahindra Finance in Ranchi typically ranges from ₹2.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Collection Officer in Ranchi at Mahindra Finance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Collection Officer 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 4 Mahindra Finance employees in India.

What is the estimated take home salary of a Collection Officer at Mahindra Finance in Ranchi?

The estimated take-home salary of a Collection Officer at Mahindra Finance in Ranchi typically ranges from ₹20,137 to ₹21,798 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 2 years to 8 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 4 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 Collection Officer at Mahindra Finance in Ranchi?

To be a Collection Officer at Mahindra Finance in Ranchi, the key skills required include:

- Collections
- Debt Collection
- Debt Recovery
- Collection Management
- Debt

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 Collection Officer in India?

Aditya Birla Finance

₹3.0 Lakhs to ₹4.0 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.

What is the salary of a Collection Officer in companies similar to Mahindra Finance in Ranchi?

The salary of a Collection Officer at companies similar to Mahindra Finance in Ranchi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Utkarsh Small Finance Bank

₹1.4 Lakhs to ₹3.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
2 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
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

and so on.

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Mahindra Finance Collection Officer Salaries in Ranchi

Mahindra Finance Collection Officer salary in Ranchi ranges between ₹2 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.