Mahindra Finance Bangalore / Bengaluru Collections Manager Salaries by 3 Employees

5 - 10 years exp.

₹3.1 Lakhs - ₹4.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

36% less than the average Collections Manager Salary in NBFC Companies for 5 - 10 years of experience

Interested in this particular role? 1 job opening

Last Updated: 12 Aug 2024

Companies similar to Mahindra Finance for Collections Manager in Bangalore / Bengaluru

Mahindra Finance Collections Manager Salary

5 - 10 years exp. (3 salaries)

₹3.1 L/yr - ₹4.1 L/yr

Company name	Avg Annual Salary	Open Jobs
L&T Finance Collections Manager Salary 4 - 10 years exp. (9 salaries)	₹3 L/yr - ₹7 L/yr 58% more
Shriram Finance Collections Manager Salary 5 - 9 years exp. (6 salaries)	₹3.5 L/yr - ₹5.3 L/yr 6% more
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Sammaan Capital Limited Collections Manager Salary 2 - 13 years exp. (5 salaries)	₹2.6 L/yr - ₹5.1 L/yr 25% more
SMFG India Credit Collections Manager Salary 6 - 7 years exp. (5 salaries)	₹4.2 L/yr - ₹6.8 L/yr 29% more
LendingKart Collections Manager Salary 7 - 10 years exp. (4 salaries)	₹4.5 L/yr - ₹7 L/yr 53% more
TVS Credit Collections Manager Salary 4 - 11 years exp. (4 salaries)	₹3.5 L/yr - ₹6 L/yr 39% more
Kotak Mahindra Prime Collections Manager Salary 6 - 9 years exp. (3 salaries)	₹3.9 L/yr - ₹5.1 L/yr 23% more

Collections Manager salary at Mahindra Finance ranges between ₹3.1 Lakhs to ₹4.1 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Collections Manager salaries in Bangalore / Bengaluru

Last Updated: 12 Aug 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
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7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr

View all

Similar Designation salaries in Mahindra Finance

Area Collection Manager Salary

(10 salaries)

₹4.1 L/yr - ₹11.5 L/yr

Relationship Manager Salary

(5 salaries)

₹3.25 L/yr - ₹4.6 L/yr

Cluster Manager Salary

(3 salaries)

₹7.5 L/yr - ₹11.69 L/yr

Top skills at Mahindra Finance for Collections Manager

Collections Malayalam Chemical Engineering NBFC MS Office SME Bengali Excel Excel Auto Loans NBFC Collection Management Private Banking Field Collections Recovery Management

Salary related reviews for Mahindra Finance

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

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.

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

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Mahindra Finance Collections Manager Salary FAQs

How the salary growth look like for a Collections Manager at Mahindra Finance in Bangalore / Bengaluru?

The salary growth for a Collections Manager at Mahindra Finance in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Collections Manager in Bangalore / Bengaluru can expect the following growth trajectory at Mahindra Finance:

Experience	Average Salary Range
5 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
6 years	₹3.3 Lakhs to ₹4.3 Lakhs per year
7 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
8 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

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Mahindra Finance Collections Manager Salaries in Bangalore / Bengaluru

Mahindra Finance Collections Manager salary in Bangalore / Bengaluru ranges between ₹3.1 Lakhs 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.

Mahindra Finance Collections Manager salaries in Bangalore / Bengaluru

Companies similar to Mahindra Finance for Collections Manager in Bangalore / Bengaluru

Latest annual salaries shared by Mahindra Finance Collections Manager in Bangalore / Bengaluru

Experience wise Mahindra Finance Collections Manager salaries in Bangalore / Bengaluru

Similar Designation salaries in Mahindra Finance

Top skills at Mahindra Finance for Collections Manager

Salary related reviews for Mahindra Finance

Collections Manager in New Delhi

Sales Executive in Salem

Deputy Manager in Mumbai

Relationship Manager in Chandigarh

Collection Officer in Dehradoon

Mahindra Finance Collections Manager Salary FAQs

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