Mahindra Finance Visakhapatnam Recovery Executive Salaries by 3 Employees (Updated 2025)

1 - 3 years exp.

₹2 Lakhs - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

At par with the average Recovery Executive Salary in NBFC Companies for 1 - 3 years of experience

Interested in this particular role?

Last Updated: 16 Oct 2024

Companies similar to Mahindra Finance for Recovery Executive in Visakhapatnam

Mahindra Finance Recovery Executive Salary

1 - 3 years exp. (3 salaries)

₹2 L/yr - ₹3.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Recovery Executive Salary 4 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹2.2 L/yr 31% less
Indusind Marketing & Financial Services Recovery Executive Salary 3 - 6 years exp. (4 salaries)	₹2.8 L/yr - ₹3.1 L/yr At par
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ICICI Home Finance Recovery Executive Salary 4 - 8 years exp. (3 salaries)	₹0.1 L/yr - ₹0.2 L/yr 95% less

Recovery Executive salary at Mahindra Finance ranges between ₹2 Lakhs to ₹3.2 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Recovery Executive salaries in Visakhapatnam

Last Updated: 16 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹4.3 L/yr
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.8 L/yr

Salary related reviews for Mahindra Finance

5.0

Rated by 1 employees for salary & benefits

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..

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.

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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Salary Expectations

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 Recovery Executive Salary FAQs

What is the notice period for Recovery Executive at Mahindra Finance in Visakhapatnam?

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

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Mahindra Finance Recovery Executive Salaries in Visakhapatnam

Mahindra Finance Recovery Executive salary in Visakhapatnam ranges between ₹2 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Finance latest salaries received from various employees of Mahindra Finance.