Mahindra Finance Regional Collection Manager Salaries by 4 Employees (Updated 2025)

16 - 21 years exp.

₹19.5 Lakhs - ₹23 Lakhs

Low Confidence

Salary of majority employees

Fixed (85%)

₹17.7 Lakhs

Variable (15%)

₹3.1 Lakhs

21% more than the average Regional Collection Manager Salary in NBFC Companies for 16 - 21 years of experience

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Salaries in different departments

BFSI, Investments & Trading Regional Collection Manager Salary 19 - 21 years exp. (AmbitionBox Estimate)	₹21 L/yr - ₹23 L/yr
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Customer Success, Service & Operations Regional Collection Manager Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹17.6 L/yr - ₹21.5 L/yr

Last Updated: 28 Aug 2024

Companies similar to Mahindra Finance for Regional Collection Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Regional Collection Manager Salary 11 - 22 years exp. (73 salaries)	₹11.4 L/yr - ₹38.3 L/yr 13% more
HDFC Bank Regional Collection Manager Salary 19 - 27 years exp. (16 salaries)	₹20 L/yr - ₹45.8 L/yr 54% more
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Shriram Finance Regional Collection Manager Salary 5 - 18 years exp. (26 salaries)	₹5 L/yr - ₹12.3 L/yr 64% less
L&T Finance Regional Collection Manager Salary 9 - 20 years exp. (140 salaries)	₹12 L/yr - ₹32 L/yr 1% less
Cholamandalam Investment & Finance Regional Collection Manager Salary 12 - 20 years exp. (53 salaries)	₹8.2 L/yr - ₹28.2 L/yr 14% less	2 job openings
Aditya Birla Capital Regional Collection Manager Salary 12 - 23 years exp. (12 salaries)	₹16 L/yr - ₹32 L/yr 1% less
Reliance Capital Regional Collection Manager Salary 13 - 16 years exp. (4 salaries)	₹15 L/yr - ₹24.3 L/yr 9% less
Edelweiss Regional Collection Manager Salary 1 - 22 years exp. (11 salaries)	₹10.9 L/yr - ₹20 L/yr 23% less
Sammaan Capital Limited Regional Collection Manager Salary 13 - 23 years exp. (21 salaries)	₹8 L/yr - ₹22 L/yr 29% less
PNB Housing Finance Regional Collection Manager Salary 12 - 20 years exp. (18 salaries)	₹11 L/yr - ₹20 L/yr 23% less
TVS Credit Regional Collection Manager Salary 10 - 21 years exp. (17 salaries)	₹16 L/yr - ₹26.3 L/yr At par
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Kotak Mahindra Prime Regional Collection Manager Salary 11 - 21 years exp. (15 salaries)	₹12 L/yr - ₹20 L/yr 30% less
Tata Capital Housing Finance Regional Collection Manager Salary 14 - 24 years exp. (13 salaries)	₹14.4 L/yr - ₹41.6 L/yr 19% more
Capri Global Capital Regional Collection Manager Salary 11 - 18 years exp. (10 salaries)	₹11.5 L/yr - ₹24 L/yr 23% less
LendingKart Regional Collection Manager Salary 12 - 21 years exp. (6 salaries)	₹15.9 L/yr - ₹19.8 L/yr 9% less
SMFG India Credit Regional Collection Manager Salary 11 - 16 years exp. (6 salaries)	₹16 L/yr - ₹28.3 L/yr 19% more
Poonawalla Fincorp Regional Collection Manager Salary 14 - 18 years exp. (6 salaries)	₹9 L/yr - ₹18 L/yr 30% less
Manappuram Finance Regional Collection Manager Salary 13 - 16 years exp. (5 salaries)	₹8.5 L/yr - ₹13.8 L/yr 42% less
SK Finance Limited Regional Collection Manager Salary 14 - 20 years exp. (5 salaries)	₹10 L/yr - ₹25 L/yr 31% less
Muthoot Fincorp Regional Collection Manager Salary 10 - 18 years exp. (4 salaries)	₹6 L/yr - ₹12 L/yr 58% less

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Regional Collection Manager salary at Mahindra Finance ranges between ₹19.5 Lakhs to ₹23 Lakhs per year for employees with experience between 16 years to 21 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Regional Collection Manager salaries

Last Updated: 28 Aug 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹19.5 L/yr - ₹23 L/yr
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Similar Designation salaries in Mahindra Finance

Zonal Collection Manager Salary

(AmbitionBox Estimate)

₹8.8 L/yr - ₹11.3 L/yr

Area Collection Manager Salary

(182 salaries)

₹3.5 L/yr - ₹11.57 L/yr

Branch Collection Manager Salary

(5 salaries)

₹2 L/yr - ₹3.65 L/yr

Territory Collection Manager Salary

(3 salaries)

₹3 L/yr - ₹5.4 L/yr

Senior Area Collection Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Senior Collection Officer Salary

(26 salaries)

₹2.3 L/yr - ₹5.1 L/yr

Collections Manager Salary

(78 salaries)

₹1.5 L/yr - ₹5.5 L/yr

Collection Officer Salary

(142 salaries)

₹1.5 L/yr - ₹4.5 L/yr

Relationship Manager Salary

(93 salaries)

₹2.2 L/yr - ₹6 L/yr

Recovery Manager Salary

(5 salaries)

₹3.1 L/yr - ₹4.5 L/yr

Salary related reviews for Mahindra Finance

Sales Executive in Salem

Full Time

Finance & Accounting Department

2.0

• posted on 02 Mar 2025

1.0

for Salary and Benefits

Likes

Can learn everything thing

Skill development - Good

Dislikes

They will never promote genuine employee never give a pay rise no bonus no grade change like a slave You can work there for 5+ years with the same salary even your managers will not support you for promotions and salary hike

Salary - Bad

+4 more

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

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Salary Discussions, Hike & Promotions

1w (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 Regional Collection Manager Salary FAQs

What is the salary of Regional Collection Manager at Mahindra Finance?

Regional Collection Manager salary at Mahindra Finance in India ranges between ₹19.5 Lakhs to ₹23.0 Lakhs for experience between 16 years to 21 years. According to our estimates it is 21% more than the average Regional Collection Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance India.

How does the salary of a Regional Collection Manager at Mahindra Finance India compare with the average salary range for this job?

The average salary of a Regional Collection Manager at Mahindra Finance is 21% more than the average salary of a Regional Collection Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra Finance to a Regional Collection Manager in India?

HDFC Bank Regional Collection Manager Salary - ₹20.0 Lakhs to ₹45.8 Lakhs per year
SMFG India Credit Regional Collection Manager Salary - ₹16.0 Lakhs to ₹28.3 Lakhs per year
Tata Capital Housing Finance Regional Collection Manager Salary - ₹14.4 Lakhs to ₹41.6 Lakhs per year
Bajaj Finance Regional Collection Manager Salary - ₹11.4 Lakhs to ₹38.3 Lakhs per year
TVS Credit Regional Collection Manager Salary - ₹16.0 Lakhs to ₹26.3 Lakhs per year

What is the salary of a Regional Collection Manager in companies similar to Mahindra Finance in India?

L&T Finance Regional Collection Manager Salary - ₹12.0 Lakhs to ₹32.0 Lakhs per year
Aditya Birla Capital Regional Collection Manager Salary - ₹16.0 Lakhs to ₹32.0 Lakhs per year
Reliance Capital Regional Collection Manager Salary - ₹15.0 Lakhs to ₹24.3 Lakhs per year
LendingKart Regional Collection Manager Salary - ₹15.9 Lakhs to ₹19.8 Lakhs per year
Cholamandalam Investment & Finance Regional Collection Manager Salary - ₹8.2 Lakhs to ₹28.2 Lakhs per year

What is the estimated take home salary of a Regional Collection Manager at Mahindra Finance in India?

The estimated take-home salary of a Regional Collection Manager at Mahindra Finance ranges between ₹1,35,752 per month to ₹1,40,753 per month in India. The take-home salary calculation is based on the average Mahindra Finance Regional Collection Manager salary in India which ranges between ₹19.5 Lakhs to ₹23.0 Lakhs per year for employees with experience between 16 years to 21 years. Check how did we calculate take home salary?

What is the notice period for Regional Collection Manager at Mahindra Finance?

According to AmbitionBox, 50% of the Mahindra Finance Regional Collection Managers reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Mahindra Finance Regional Collection Manager Salaries

Mahindra Finance Regional Collection Manager salary in India ranges between ₹19.5 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.