Mahindra Finance Senior Area Collection Manager Salaries by 2 Employees (Updated 2025)

9 - 10 years exp.

₹4 Lakhs - ₹5.1 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 16 Feb 2025

Companies similar to Mahindra Finance for Senior Area Collection Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Senior Area Collection Manager Salary 6 - 19 years exp. (125 salaries)	₹7.6 L/yr - ₹17.2 L/yr 181% more
L&T Finance Senior Area Collection Manager Salary 12 - 20 years exp. (4 salaries)	₹10.5 L/yr - ₹19 L/yr 216% more
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Cholamandalam Investment & Finance Senior Area Collection Manager Salary 10 - 16 years exp. (4 salaries)	₹8.6 L/yr - ₹15.5 L/yr 128% more
Kotak Mahindra Prime Senior Area Collection Manager Salary 7 - 17 years exp. (4 salaries)	₹9.5 L/yr - ₹13.4 L/yr 145% more
Bajaj Finserv Senior Area Collection Manager Salary 5 - 17 years exp. (166 salaries)	₹7.5 L/yr - ₹16.8 L/yr 160% more

Senior Area Collection Manager salary at Mahindra Finance ranges between ₹4 Lakhs to ₹5.1 Lakhs per year for employees with experience between 9 years to 10 years. Salary estimates are based on 2 latest salaries received from various employees of Mahindra Finance.

Similar Designation salaries in Mahindra Finance

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₹3 L/yr - ₹5.4 L/yr

Senior Collection Officer Salary

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Branch Collection Manager Salary

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Collections Manager Salary

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Collection Officer Salary

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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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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Mahindra Finance Senior Area Collection Manager Salary FAQs

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

According to AmbitionBox, 100% of the Mahindra Finance Senior Area Collection Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Mahindra Finance Senior Area Collection Manager Salaries

Mahindra Finance Senior Area Collection Manager salary in India ranges between ₹4 Lakhs to ₹5.1 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Finance.