Upload Button Icon Add office photos
filter salariesFilter salaries by

Mahindra Finance Collection Team Lead salaries in India

Annual salary range
4 - 9 years exp.
₹3 Lakhs - ₹4.7 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

17% more than the average Collection Team Lead Salary in NBFC Companies for 4 - 9 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Collection Team Lead Salary
4 - 9 years exp. (4 salaries)
unlock-blur

₹3.2 L/yr - ₹4.7 L/yr

Finance & Accounting
Collection Team Lead Salary
6 years exp. (AmbitionBox Estimate)
unlock-blur

₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 23 Jan 2025

Companies similar to Mahindra Finance for Collection Team Lead

Company name Avg Annual Salary Open Jobs
Logo
Bajaj Finance Collection Team Lead Salary

2 - 5 years exp. (4 salaries)

unlock blur

₹2.8 L/yr - ₹5.5 L/yr

arrow icon 21% less
Logo
Shriram Finance Collection Team Lead Salary

1 - 15 years exp. (4 salaries)

unlock blur

₹2 L/yr - ₹6 L/yr

arrow icon 5% less
unlock blur

₹2.3 L/yr - ₹4.2 L/yr

arrow icon 9% less
unlock blur

₹3.1 L/yr - ₹5.5 L/yr

arrow icon 6% more
Logo
Aavas Financiers Collection Team Lead Salary

1 - 7 years exp. (5 salaries)

unlock blur

₹2.4 L/yr - ₹5.8 L/yr

arrow icon 3% more
Logo
IIFL Finance Collection Team Lead Salary

3 - 8 years exp. (3 salaries)

unlock blur

₹3.2 L/yr - ₹5 L/yr

At par
unlock blur

₹2.8 L/yr - ₹3 L/yr

arrow icon 23% less
Logo
SMFG India Credit Collection Team Lead Salary

2 - 15 years exp. (3 salaries)

unlock blur

₹2.4 L/yr - ₹5 L/yr

arrow icon 6% less
Collection Team Lead salary at Mahindra Finance ranges between ₹3 Lakhs to ₹4.7 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Collection Team Lead

3d ago
avg blur mobile
6 years exp.
1y ago
avg blur mobile
6 years exp.
1y ago
avg blur mobile
9 years exp.
1y ago
avg blur mobile
8 years exp.
1y ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
5 years exp.

Experience wise Mahindra Finance Collection Team Lead salaries

Last Updated: 23 Jan 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

unlock blur

₹3 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹3 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)

unlock blur

₹3.5 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹3.6 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)

unlock blur

₹1.7 L/yr - ₹4.6 L/yr
View all

Similar Designation salaries in Mahindra Finance

unlock blur
₹1.7 L/yr - ₹4.5 L/yr
Team Lead Salary
(36 salaries)
unlock blur
₹2.2 L/yr - ₹5.5 L/yr
Credit Manager Salary
(89 salaries)
unlock blur
₹2.3 L/yr - ₹12.88 L/yr
Credit Officer Salary
(34 salaries)
unlock blur
₹1.5 L/yr - ₹3.58 L/yr
Sales Manager Salary
(105 salaries)
unlock blur
₹2.35 L/yr - ₹8.2 L/yr
Branch Manager Salary
(162 salaries)
unlock blur
₹1.85 L/yr - ₹9.1 L/yr
unlock blur
₹7.13 L/yr - ₹9.66 L/yr
unlock blur
₹4 L/yr - ₹10.42 L/yr
Sales Officer Salary
(56 salaries)
unlock blur
₹1.1 L/yr - ₹4.56 L/yr
unlock blur
₹2.2 L/yr - ₹6 L/yr

Salary related reviews for Mahindra Finance

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 20 Dec 2024

2.0
 for  Salary and Benefits

Likes

Nil

Dislikes

...MFSL is terrible. In the past 5 years from mar 2020 lots of dislikes happened i.e changes in salary stucture, poor increment, management changes, insecurity in job, etc.,

read more
  • Salary - Poor
  • +6 more

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

So far no issues.

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.

read more

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.

read more
  • Salary - Bad
  • +6 more

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..

read more
  • Salary - Bad
  • +5 more

BFSI, Investments & Trading Department

2.0
  •  posted on 28 Jun 2022

1.0
 for  Salary and Benefits

Likes

There are no lines except some work life balance. That too is deteriorating offlate.

  • Job security - Good

Dislikes

...ponent. It may or may not provide Performance Pay depending on many variables. New recruits be careful while negotiating salary. The HR will tell Performance Pay is assured and is paid almost certainly. Don't believe that. This is not true. Ask for increment on Fixed, not overall CTC. Just because they mention Performance Pay on offer letter CTC, there is no assurance, that they have to give you. Lots of politics and partiality over Performance. The company used to be good. Not anymore after 2019. HR is meaningless and can't help with anything. Off role employees (colleagues) were laid off with just 15 days salary. Not a professional organisation. Lots of Management issues.

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Mahindra Finance Collection Team Lead Salary FAQs

What is the salary of Collection Team Lead at Mahindra Finance?
Collection Team Lead salary at Mahindra Finance in India ranges between ₹3.0 Lakhs to ₹4.7 Lakhs for experience between 4 years to 9 years. According to our estimates it is 17% more than the average Collection Team Lead Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Finance India.
How does the salary of a Collection Team Lead at Mahindra Finance India compare with the average salary range for this job?
The average salary of a Collection Team Lead at Mahindra Finance is 17% more than the average salary of a Collection Team Lead in India. To know exact salary insights, login to view.
Which similar companies are paying more than Mahindra Finance to a Collection Team Lead in India?
  • Sammaan Capital Limited Collection Team Lead Salary - ₹3.1 Lakhs to ₹5.5 Lakhs per year
  • Aavas Financiers Collection Team Lead Salary - ₹2.4 Lakhs to ₹5.8 Lakhs per year
  • IIFL Finance Collection Team Lead Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year
What is the salary of a Collection Team Lead in companies similar to Mahindra Finance in India?
  • Shriram Finance Collection Team Lead Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
  • SMFG India Credit Collection Team Lead Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
  • Cholamandalam Investment & Finance Collection Team Lead Salary - ₹2.3 Lakhs to ₹4.2 Lakhs per year
  • Bajaj Finance Collection Team Lead Salary - ₹2.8 Lakhs to ₹5.5 Lakhs per year
  • SK Finance Limited Collection Team Lead Salary - ₹2.8 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a Collection Team Lead at Mahindra Finance in India?
The estimated take-home salary of a Collection Team Lead at Mahindra Finance ranges between ₹27,920 per month to ₹29,315 per month in India. The take-home salary calculation is based on the average Mahindra Finance Collection Team Lead salary in India which ranges between ₹3.0 Lakhs to ₹4.7 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Collection Team Lead at Mahindra Finance?
According to AmbitionBox, 43% of the Mahindra Finance Collection Team Leads reported a notice period of 1 Month, 28% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mahindra Finance Collection Team Lead salary in India ranges between ₹3 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Mahindra Finance latest salaries received from various employees of Mahindra Finance.