Mahindra Finance Debt Recovery Officer Salaries by Employees (Updated 2024)

Select experience

₹2 Lakhs - ₹2.6 Lakhs

Low Confidence

Salary of majority employees

Interested in this particular role?

Last Updated: 14 Oct 2024

Companies similar to Mahindra Finance for Debt Recovery Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Debt Recovery Officer Salary 1 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹2.8 L/yr At par
TVS Credit Debt Recovery Officer Salary 2 - 8 years exp. (7 salaries)	₹1.5 L/yr - ₹6.1 L/yr 60% more
Login to view exact salary
HDB Financial Services Debt Recovery Officer Salary 1 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹2 L/yr 28% less
Bajaj Finserv Debt Recovery Officer Salary 1 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹4.3 L/yr 22% more
Conneqt Business Solutions Debt Recovery Officer Salary 3 - 8 years exp. (4 salaries)	₹2.2 L/yr - ₹2.3 L/yr 3% less

Debt Recovery Officer salary at Mahindra Finance ranges between ₹2 Lakhs to ₹2.6 Lakhs per year for employees with 1 year of experience. Salary estimates are based on 1 latest salaries received from various employees of Mahindra Finance.

Similar Designation salaries in Mahindra Finance

Accounts Officer Salary

(3 salaries)

₹2.75 L/yr - ₹3.35 L/yr

Deputy Manager Salary

(275 salaries)

₹4.04 L/yr - ₹12 L/yr

Management Trainee Salary

(25 salaries)

₹4 L/yr - ₹11.4 L/yr

Finance Executive Salary

(175 salaries)

₹1.6 L/yr - ₹4.8 L/yr

Relationship Manager Salary

(96 salaries)

₹2.15 L/yr - ₹6 L/yr

Team Lead Salary

(41 salaries)

₹2.2 L/yr - ₹5.5 L/yr

Senior Associate Salary

(5 salaries)

₹7.13 L/yr - ₹9.66 L/yr

Accountant Salary

(72 salaries)

₹1.2 L/yr - ₹5.21 L/yr

Financial Analyst Salary

(6 salaries)

₹1.95 L/yr - ₹3.11 L/yr

Senior Accounts Executive Salary

(8 salaries)

₹3.15 L/yr - ₹5 L/yr

Salary related reviews for Mahindra Finance

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.

Finance Executive in Haryana ,Rohtak

BFSI, Investments & Trading Department

4.0

• posted on 01 May 2022

4.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and but they give low salary hike and but bonus every year.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a no bond of 2 years before which you cannot resign. On the job training is given to new joinees.

Deputy Manager in Chandigarh Sector 34 A

Full Time

Finance & Accounting Department

5.0

• posted on 26 Jan 2022

5.0

for Salary and Benefits

Likes

I m working with this company since 17 years. There is well work life balance. Time to time new technology introduced by Co. And get trained by them. This Co. Is great place to work..

Dislikes

Only salary package..

Account Assistant in Tinsukia

Finance & Accounting Department

4.0

• posted on 12 May 2021

4.0

for Salary and Benefits

Likes

...ronment and culture, my teammates are supportive and activeness with management. Good company policies and appraisals are fair, Good salary.

Dislikes

Lots of politics in management, salary are not very much hike and its slow

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about Mahindra Finance?

Ask anonymously on communities.

Mahindra Finance Debt Recovery Officer Salary FAQs

What is the notice period for Debt Recovery Officer at Mahindra Finance?

According to AmbitionBox, 100% of the Mahindra Finance Debt Recovery Officers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Mahindra Finance Salaries >
Mahindra Finance Debt Recovery Officer Salaries

Mahindra Finance Debt Recovery Officer salary in India ranges between ₹2 Lakhs to ₹2.6 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Finance.