Mahindra Finance Hyderabad / Secunderabad Collections Manager Salaries by 4 Employees (Updated 2025)

7 - 10 years exp.

₹3.1 Lakhs - ₹5.4 Lakhs

Salary of majority employees

35% less than the average Collections Manager Salary in NBFC Companies for 7 - 10 years of experience

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Last Updated: 17 Jul 2024

Companies similar to Mahindra Finance for Collections Manager in Hyderabad / Secunderabad

Mahindra Finance Collections Manager Salary

7 - 10 years exp. (4 salaries)

₹3.1 L/yr - ₹5.4 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collections Manager Salary 0 - 16 years exp. (69 salaries)	₹3 L/yr - ₹10 L/yr 68% more	4 job openings
ICICI Bank Collections Manager Salary 3 - 13 years exp. (12 salaries)	₹2.5 L/yr - ₹10 L/yr 95% more
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Kotak Mahindra Bank Collections Manager Salary 3 - 12 years exp. (13 salaries)	₹3.5 L/yr - ₹9.4 L/yr 61% more
HDB Financial Services Collections Manager Salary 5 - 17 years exp. (24 salaries)	₹3 L/yr - ₹8 L/yr 65% more	3 job openings
Aditya Birla Capital Collections Manager Salary 6 - 13 years exp. (8 salaries)	₹5 L/yr - ₹9.1 L/yr 80% more
L&T Finance Collections Manager Salary 6 - 9 years exp. (8 salaries)	₹5.5 L/yr - ₹8.5 L/yr 59% more
Tata Capital Housing Finance Collections Manager Salary 4 - 6 years exp. (7 salaries)	₹4.2 L/yr - ₹7.5 L/yr 68% more
Kotak Mahindra Prime Collections Manager Salary 5 - 10 years exp. (6 salaries)	₹3.4 L/yr - ₹8.1 L/yr 26% more
SMFG India Credit Collections Manager Salary 6 - 11 years exp. (5 salaries)	₹2.5 L/yr - ₹7 L/yr 38% more
IIFL Finance Collections Manager Salary 9 - 12 years exp. (4 salaries)	₹3.6 L/yr - ₹7.3 L/yr 35% more
Poonawalla Fincorp Collections Manager Salary 7 - 15 years exp. (4 salaries)	₹4.7 L/yr - ₹7 L/yr 60% more
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Mahindra Rural Housing Finance Collections Manager Salary 3 - 6 years exp. (3 salaries)	₹1.9 L/yr - ₹4.5 L/yr 23% less
Cholamandalam Investment & Finance Collections Manager Salary 9 - 13 years exp. (3 salaries)	₹3 L/yr - ₹9.1 L/yr 25% more	1 job opening

Collections Manager salary at Mahindra Finance ranges between ₹3.1 Lakhs to ₹5.4 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Collections Manager salaries in Hyderabad / Secunderabad

Last Updated: 17 Jul 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.2 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.6 L/yr
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9 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.4 L/yr
10 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.1 L/yr

Similar Designation salaries in Mahindra Finance

Area Collection Manager Salary

(5 salaries)

₹4.45 L/yr - ₹7.68 L/yr

Branch Manager Salary

(3 salaries)

₹2.9 L/yr - ₹6.05 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.

Dislikes

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

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.

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.

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I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Mahindra Finance Collections Manager Salary FAQs

What is the salary of Collections Manager at Mahindra Finance Hyderabad / Secunderabad?

Collections Manager salary at Mahindra Finance in Hyderabad / Secunderabad ranges between ₹3.1 Lakhs to ₹5.4 Lakhs for experience between 7 years to 10 years. According to our estimates it is 35% less than the average Collections Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance Hyderabad / Secunderabad.

How does the salary of a Collections Manager at Mahindra Finance Hyderabad / Secunderabad compare with the average salary range for this job?

The average salary of a Collections Manager at Mahindra Finance is 35% less than the average salary of a Collections Manager in Hyderabad / Secunderabad. To know exact salary insights, login to view.

What are the top skills required to work as a Collections Manager at Mahindra Finance?

Collections, Malayalam, Chemical Engineering, NBFC and MS Office are some of the popular skills required to work as a Collections Manager at Mahindra Finance Hyderabad / Secunderabad.

Which similar companies are paying more than Mahindra Finance to a Collections Manager in Hyderabad / Secunderabad?

ICICI Bank Collections Manager Salary - ₹2.5 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Capital Collections Manager Salary - ₹5.0 Lakhs to ₹9.1 Lakhs per year
Tata Capital Housing Finance Collections Manager Salary - ₹4.2 Lakhs to ₹7.5 Lakhs per year
HDFC Bank Collections Manager Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
HDB Financial Services Collections Manager Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year

What is the salary of a Collections Manager in companies similar to Mahindra Finance in Hyderabad / Secunderabad?

Kotak Mahindra Bank Collections Manager Salary - ₹3.5 Lakhs to ₹9.4 Lakhs per year
Poonawalla Fincorp Collections Manager Salary - ₹4.7 Lakhs to ₹7.0 Lakhs per year
L&T Finance Collections Manager Salary - ₹5.5 Lakhs to ₹8.5 Lakhs per year
SMFG India Credit Collections Manager Salary - ₹2.5 Lakhs to ₹7.0 Lakhs per year
IIFL Finance Collections Manager Salary - ₹3.6 Lakhs to ₹7.3 Lakhs per year

What is the estimated take home salary of a Collections Manager at Mahindra Finance in Hyderabad / Secunderabad?

The estimated take-home salary of a Collections Manager at Mahindra Finance ranges between ₹28,228 per month to ₹29,618 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average Mahindra Finance Collections Manager salary in India which ranges between ₹3.1 Lakhs to ₹5.4 Lakhs per year for employees with experience between 7 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Collections Manager at Mahindra Finance in Hyderabad / Secunderabad?

According to AmbitionBox, 100% of the Mahindra Finance Collections Managers in Hyderabad / Secunderabad reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Mahindra Finance Collections Manager Salaries in Hyderabad / Secunderabad

Mahindra Finance Collections Manager salary in Hyderabad / Secunderabad ranges between ₹3.1 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

Mahindra Finance Collections Manager salaries in Hyderabad / Secunderabad

Companies similar to Mahindra Finance for Collections Manager in Hyderabad / Secunderabad

Latest annual salaries shared by Mahindra Finance Collections Manager in Hyderabad / Secunderabad

Experience wise Mahindra Finance Collections Manager salaries in Hyderabad / Secunderabad

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

Deputy Manager in Mumbai

Relationship Manager in Chandigarh

Collection Officer in Dehradoon

Sales Executive in Derabassi

Mahindra Finance Collections Manager Salary FAQs

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