Mahindra Finance Recovery Specialist Salaries by 4 Employees

4 - 7 years exp.

₹2 Lakhs - ₹2.8 Lakhs

Low Confidence

Salary of majority employees

41% less than the average Recovery Specialist Salary in NBFC Companies for 4 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Recovery Specialist Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Finance & Accounting Recovery Specialist Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr

Last Updated: 15 Mar 2023

Companies similar to Mahindra Finance for Recovery Specialist

Company name	Avg Annual Salary	Open Jobs
Altisource Recovery Specialist Salary 1 - 12 years exp. (23 salaries)	₹2.5 L/yr - ₹5 L/yr 63% more
Transworld Systems Recovery Specialist Salary 1 - 14 years exp. (17 salaries)	₹3 L/yr - ₹5 L/yr 89% more
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Transport Solutions India Recovery Specialist Salary 2 - 9 years exp. (6 salaries)	₹3.6 L/yr - ₹4 L/yr 61% more
Radius Global Solutions Recovery Specialist Salary 5 - 8 years exp. (4 salaries)	₹4 L/yr - ₹4.5 L/yr 81% more
Firstsource Solutions Recovery Specialist Salary 0 - 7 years exp. (3 salaries)	₹3 L/yr - ₹6.5 L/yr 122% more

Recovery Specialist salary at Mahindra Finance ranges between ₹2 Lakhs to ₹2.8 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Recovery Specialist salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
7 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr

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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.

Salary - Excellent

+6 more

Dislikes

So far no issues.

Back Office Executive in Faizabad

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 07 Jul 2023

1.0

for Salary and Benefits

Likes

ONLY TO KNOW THAT HOW NBFC ARE WORKING AND WHAT ARE THIER PROCEDURE TO FIVE LOAN TO THE CUSTOMERS..

Dislikes

NO FAIR APRRAISAL & PROMOTIONS TO THE EMPLOYEES. IN A VERY SMALL SALARY LOTS OF WORK TO THE EMPLOYEE...AND MOST IMPORTANTLY FAVOURTISM AND REFERENCES WORKS INSTEAD OF HARDWORK HERE...

Salary - Bad

+6 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.

Sales Executive in Moradabad

Finance & Accounting Department

5.0

• posted on 28 Apr 2021

5.0

for Salary and Benefits

Likes

Overall my current company is good for learning about the sales, competition, working ethics and most important how to writing mail, good working environment and culture. Clear and transparent policies.

Salary - Excellent

+5 more

Dislikes

...wth is slow. And appraisal is not done last year and not done in this year aslo. No salary increment and yearly bonus also stopped.

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..

Salary - Excellent

+6 more

Dislikes

Only salary package..

see more salary related reviews

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Mahindra Finance Recovery Specialist Salary FAQs

What is the salary of Recovery Specialist at Mahindra Finance ?

The average salary of a Recovery Specialist at Mahindra Finance in India typically ranges from ₹2.0 Lakhs to ₹2.8 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Recovery Specialist at Mahindra Finance earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Recovery Specialist Salaries at Mahindra Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Mahindra Finance employees in India.

What is the estimated take home salary of a Recovery Specialist at Mahindra Finance in India?

The estimated take-home salary of a Recovery Specialist at Mahindra Finance in India typically ranges from ₹16,678 to ₹18,391 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from 4 years to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra Finance for Recovery Specialist in India?

Firstsource Solutions	₹3.0 Lakhs to ₹6.5 Lakhs per year
Transworld Systems	₹3.0 Lakhs to ₹5.0 Lakhs per year
Radius Global Solutions	₹4.0 Lakhs to ₹4.5 Lakhs per year
Altisource	₹2.5 Lakhs to ₹5.0 Lakhs per year
Transport Solutions India	₹3.6 Lakhs to ₹4.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Finance, depending on the role and experience level.

How the salary growth look like for a Recovery Specialist at Mahindra Finance in India?

The salary growth for a Recovery Specialist at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a Recovery Specialist can expect the following growth trajectory at Mahindra Finance:

Experience	Average Salary Range
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
5 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
6 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
7 years	₹1.8 Lakhs to ₹2.3 Lakhs per year

and so on.

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Mahindra Finance Recovery Specialist Salaries

Mahindra Finance Recovery Specialist salary in India ranges between ₹2 Lakhs to ₹2.8 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 Recovery Specialist salaries in India

Companies similar to Mahindra Finance for Recovery Specialist

Latest annual salaries shared by Mahindra Finance Recovery Specialist

Experience wise Mahindra Finance Recovery Specialist salaries

Similar Designation salaries in Mahindra Finance

Salary related reviews for Mahindra Finance

Deputy Manager in Mumbai

Back Office Executive in Faizabad

Sales Executive in Derabassi

Sales Executive in Moradabad

Deputy Manager in Chandigarh Sector 34 A

Mahindra Finance Recovery Specialist Salary FAQs

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