Mahindra Finance Hyderabad / Secunderabad Recovery Manager Salaries by 2 Employees (Updated 2025)

5 - 7 years exp.

₹3.4 Lakhs - ₹4.4 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 28 Nov 2024

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

Mahindra Finance Recovery Manager Salary

5 - 7 years exp. (AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Recovery Manager Salary 8 - 10 years exp. (4 salaries)	₹3 L/yr - ₹5.5 L/yr 3% less
Login to view exact salary
IDFC FIRST Bank Recovery Manager Salary 1 - 8 years exp. (7 salaries)	₹4 L/yr - ₹8.8 L/yr 105% more

Recovery Manager salary at Mahindra Finance ranges between ₹3.4 Lakhs to ₹4.4 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 2 latest salaries received from various employees of Mahindra Finance.

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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.

Salary - Excellent

+6 more

Dislikes

So far no issues.

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

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

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.

Salary - Excellent

+5 more

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joinees.

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Mahindra Finance Recovery Manager Salary FAQs

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

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

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Mahindra Finance Recovery Manager Salaries in Hyderabad / Secunderabad

Mahindra Finance Recovery Manager salary in Hyderabad / Secunderabad ranges between ₹3.4 Lakhs to ₹4.4 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Finance.